2019

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The Amazing Supply Chain of Toilet Roll

All Things Supply Chain

With 7% of Americans admitting to stealing it from hotels, comedian Johnny Carson causing a shortage of it in 1973 after he joked about the possibility of one and 49%…

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AI and All That – Ivalua Now Looks to the Future

ivalua

The afternoon of the first day at the Ivalua Now event in Paris had a strong AI (artificial intelligence) flavour. (Now there’s an interesting question – if AI had a flavour, what exactly would it be? Fresh mint, maybe? Or aluminium, perhaps?) Anyway, there were also a couple of very good customer cases studies, but we’ll save those for a future discussion and focus on AI here.

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Dip a Toe in TMS – Engage UltraShipTMS for “Expedite Only” Pilot

Supply Chain Collaborator

TMS Success Tip. Making the decision to engage a new TMS platform is a heavy lift requiring buy-in and sign-off from numerous internal stakeholders beyond the logistics department (Legal, Procurement, IT, C-suite, etc.). Learn How to: Avoid the struggle of gaining capital approval for a full-blown TMS implementation. Instead, consider dipping a toe into the water by starting with an “expedite only” pilot program to automate ONLY your expedited/spot market freight movements.

Logistics 109
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Can the ‘Smart’ Factory Revive U.S. Manufacturing Productivity?

Supply Chain Brain

A recent study touts the “smart” factory as a magic bullet that can solve any number of manufacturers’ problems, from low productivity growth to uncompetitive operations.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend. GEP’s sourcing expertise and market intelligence enabled the company to centralize sourcing and order management processes, strengthen key supplier relationships, and enhance supply chain resilience and agility.

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Three common weaknesses in supply chain

Supply Chain Trend

In a recent Forbes article , three common supply chain weaknesses are highlighted: Being reactive rather than pro-active. Lack of visibility. Lack of accountability. The behavioural weaknesses – lack of pro-activity and accountability should be no surprise to me or the readers of my blog. As t he S&OP mindset study I conducted with Supply Chain Movement in 2017/2018 show similar results.

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Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is Supply Chain Management (SCM)? (Video). When I started my career the term “Supply Chain” had just been coined. As such it was many years before I actually heard of the term “Supply Chain Management” Regardless I pursued my interests and took on an increasingly diverse set of progressive jobs as time went on.

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Why The Time Is Now for Sustainable Procurement

Jaggaer

Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Over the past several years, f ew topics have been as critical for global corporations as sustainability – investors, consumers, executive teams and other organizational stakeholders have realized that corporate responsibility doesn’t just build a better world, but also drives financial value.

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2020 Supply Chain Management Trends

EazyStock

Intro to 2020 Supply Chain Management Trends. The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. Throughout the last decade, the main trends were digitization and globalization. Supply chains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. 2020 supply chain management trends will further these shifts.

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How to become an Agile Organization through Digital Transformation?

Solvoyo

The post How to become an Agile Organization through Digital Transformation? appeared first on Solvoyo.

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4 Ways To Improve Procurement For Increased Customer Satisfaction

Slimstock

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. With stats like that, it’s easy to see why customer satisfaction influences customer loyalty, retention, and even your ability to attract new customers. If one element of a business’ product or service dissatisfies a customer, the rest of the business can suffer, majorly impacting your bottom line.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Top 6 Supply Chain Trends for 2019

All Things Supply Chain

The year 2019 has only just begun, so now would be a suitable time to look into the question of which supply chain trends lie ahead for the coming year.

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How Procurement can help to drive Supplier-led innovation

ivalua

Alex Saric, Chief Marketing Officer, Ivalua. In today’s competitive business landscape, consumers demand a continuous cycle of new products and services, and the gap between each launch is shrinking. This means companies are under more pressure than ever to innovate at pace. A business’s ability to develop and launch new products that meet customer expectations quickly and profitably is critical to overall success.

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TMS Delivers on NASSTRAC’s Five Common Sense Suggestions for Shippers

Supply Chain Collaborator

A recent NASSTRAC report revealed five common-sense suggestions for shippers navigating today’s disruptive operating environment. Unsurprisingly, these suggestions aligned perfectly with the technology solutions already in production from top TMS software solutions. Read on for the details on NASSTRAC’s five recommendations and how top TMS delivers success for those shippers who’ve embraced it. .

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Six Steps to a More Ethical and Sustainable Supply Chain

Supply Chain Brain

Consumers are more conscientious about their purchases than ever before. They expect organizations to meet a certain set of ethical standards, and supply chains aren’t exempt from scrutiny.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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The Supply Chain is Your Oyster

All Things Supply Chain

If someone had asked me just over a year ago which industries I would consider working in, the supply chain industry wouldn’t have even made it to the bottom of…

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The Aftermath of a Capsized Cargo Ship

All Things Supply Chain

On September 8th, the cargo ship Golden Ray capsized off the coast of the state of Georgia. At the time, the ship was carrying 24 people and 4,000 vehicles.

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Learning by Doing – What Netflix can teach us about AI-driven inventory management

All Things Supply Chain

Some years ago, a small company called Netflix had a very good idea. Back when they started their business in 1997, it was a DVD rental company.

Inventory 197
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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

Vishal Patel, VP Product Marketing, Ivalua. You’re probably wondering what i’m going on about here. It’s pretty simple, actually. If you live in a city, state or country, which everybody does, your life and the lives of your family and friends is impacted directly by Procurement. No, I’m not referring to the Procurement department of your company (although, if Ivalua has anything to do about it, there are lots of interesting things happening there too).

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Supply Chain Orchestration: A New Era in Supply Chain Management

When the only certainty is uncertainty, what does that mean for today’s supply chain management approaches? This eBook delves into how supply chain orchestration can help businesses unlock agility, transparency, intelligence, and trust across their end-to-end supply chain.

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Seeking Evidence of Procurement’s Impact and Momentum

ivalua

Much has been made in 2019 about the gap between the findings of procurement self-assessments and where each organization stands when they are evaluated against their peers using objective measures. Just as procurement’s impact on the organization is quantitatively captured using metrics such as savings and spend under management, the maturity and digital readiness of the function can be objectively tracked and benchmarked (check out Forresters Digital Procurement Maturity Assessment ).

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Ivalua Continues Global Expansion with New Office in Sydney, Australia

ivalua

Eric Wimphen Joins Ivalua as Head of Australia and New Zealand. REDWOOD CITY, California , May 14, 2019 /PRNewswire/ — Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that it has opened an office in Sydney, Australia to support its rapid growth and increased presence in the Asia Pacific region.

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The Science and the Art of Procurement

ivalua

As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? Much of our focus in the last twenty years or so within the procurement profession and within our specific procurement functions has been on what we might call the “Science of Procurement”.

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Inefficient Procurement processes are costing UK businesses almost £2m per year, reveals research

ivalua

Two-thirds of businesses still reliant on manual and paper-based processes . 29 th August 2019, London – Research from Ivalua , a leading provider of global spend management cloud solutions , has shown that Procurement, supply chain and finance professionals are spending almost a third (31%) of their time dealing with inefficient paper-based or manual Procurement processes, which is costing UK businesses on average £1.94m annually* and limiting Procurement teams’ ability to deliver more strategi

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How to Create a Blueprint for Fleet Resilience

Speaker: Jeff Dickinson - President and CEO of Railgistixs Transport, Supply Chain and Logistics Thought Leader

Despite the ongoing transformation of the supply chain and logistics landscape, the steadfast importance of carrier safety remains a core principle. From prioritizing preventative maintenance to optimizing fleet utilization, the fundamentals persist. If you’re overlooking and neglecting essential safety precautions today, this could result in expensive repairs and potential safety hazards in the future. 🚧 Join Jeff Dickinson for a conversation on how to mitigate risk, enforce compliance,

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The Potential and Risks of Cryptocurrency in Procurement

All Things Supply Chain

“Change of this magnitude is hard. You know you’re on to something when so much pressure builds up.” – David Marcus, Co-creator of Libra on Twitter.

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Procurement 2020… Will anything change?

All Things Supply Chain

It seems as though procurement has been anticipating the arrival of 2020 since the minute the ‘Y2K’ buzz wore off.

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Procurement can’t afford to be a digital laggard in today’s complex landscape

ivalua

Alex Saric, CMO, Ivalua. In today’s turbulent business landscape, the challenges facing organisations have become increasingly complex, with uncertainty from geopolitical events such as Brexit and tariff negotiations impacting day-to-day operations. Leading the charge in navigating this constantly shifting trading environment is the Procurement department.

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Successfully Launching a Digital Procurement Transformation

ivalua

Alex Saric, CMO, Ivalua. In an earlier post , I wrote about the importance and overall success factors involved in digitally transforming Procurement. Virtually every Procurement organization has started or is planning to start this journey, given its importance to meeting Procurement’s ever growing list of objectives. . Yet far too many struggle. 82% of respondents to a recent Forrester survey on Executing a Successful Procurement Transformation had switched their technology or plan to switch d

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Industrial Transformation ASIA-PACIFIC 2019, 22 – 24 October 2019, Singapore

ivalua

Industrial Transformation ASIA-PACIFIC, a HANNOVER MESSE event is Asia-Pacific’s leading trade event for Industry 4.0! The event brings together an ecosystem of manufacturers, government agencies & businesses ranging from multinational corporations (MNC) to small and medium enterprises (SMEs) to shape and support their transformation initiatives.

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A Giant Climate Leap for a Global Giant: Amazon

All Things Supply Chain

Whenever I speak to any audience about who push the buttons of big multinationals to act on climate change, I tend to name as the top three: customers, governments and…

Logistics 151
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Ivalua Recongized for Procurement Excellence at Future of Sourcing Awards

ivalua

Winner of Awards for Innovation in Digitization and Innovations in 3rd Party Management. REDWOOD CITY, Calif. , Nov. 11, 2019 /PRNewswire/ — Ivalua, a global leader in spend management , today announced that it was selected as the winner of both the Innovations in Third Party Management and Innovations in Digitization awards, presented at the Future of Sourcing Awards event in Carlsbad, CA.

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Contract Data Management With AI

ivalua

Christopher Bourez, Artificial Intelligence Architect at Ivalua. Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor. One significant area of Artificial Intelligence is language understanding, also called machine reading comprehension (MRC), and the new technologies in this field lead the way for thousands of new applications, such as sourcing, tre

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.