Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

My last post on the Supply Chain Shaman blog was forty-five days ago. Then it was the redefinition of the supply chain for the global shutdowns Sick with the virus; I spent my energies writing and moderating podcasts. Let’s learn and apply it to supply chain management.

A Humble 2020 Procurement Resolution – Transform the World 

ivalua

For Procurement leaders, that typically translates into saving a few percent here. For Procurement leaders today, those missed opportunities can be great. Ikea is a leader with plans to ensure a sustainable supply chain. So how can Procurement leaders drive such change?

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Procurement Technology – What it can and can’t replace in a Manufacturer’s Journey Towards Supply Chain Resilience and Agility

ivalua

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Supply Chain Resilience and Agility.

Why investors are looking at supply chain technologies in 2020

Requis

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Investors, like the public, have woken up to the fact that supply chains are the engine driving economic prosperity. Supply chain, it seems, is ripe for disruption.

4 ways IT & Procurement team collaboration increases resilience

ivalua

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders.

Recognizing Culture at the 2020 Atlanta Supply Chain Awards

Demand Solutions

But what if I told you that establishing supply chain planning and procurement processes also helps your company's culture, would you believe me? Tim was recognized for his exceptional leadership of the supply chain planning and procurement processes teams.

Top 10 Metrics to Track and Manage Risk in the Supply Chain – Part 1

Cerasis

Under the current COVID-19 global pandemic, managing risk in the supply chain has taken on a renewed importance. Procurement teams continue to struggle with finding available suppliers and shipping capacity to enable supply chain responsiveness.

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. Predictions and research, webinars and report titles… ‘Procurement 2020’ has… General Procurement Management Supply Chain Management procurement

Procurement & Supply Chain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!

ivalua

Like every industry Procurement & Supply Chain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others.

Purchasing and Supply Chain Management in 2020

ProcurePort

2020 has shown itself to be a wake up call for many departments within businesses. The post Purchasing and Supply Chain Management in 2020 appeared first on ProcurePort Blog. Procurement News

Supply Chain Predictions 2020: Uncertainty Demands Resilience

ToolsGroup

It’s been an interesting decade for supply chain: just when you think things can’t get any crazier, a new extreme weather event, political drama or tech start-up pops up, disrupting entire industries. Algorithmic supply chain planning will go mainstream.

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Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK.

Practical Advice to help Procurement Weather the Pandemic

All Things Supply Chain

Seemingly overnight, every procurement professional’s top priority has become helping their company get through the COVID-19 pandemic and start preparing for the business conditions that are to follow.

Achieving Healthcare Transformation, Powered by Supply Chain

ivalua

We believe that a key pillar of this transformation is the supply chain. With such growth comes supply chain complexity. hospitals are overspending on supply chain products and related operations, processes, and procedures by $25.7

Sourcing and Procurement in Supply Chain Management

EC Sourcing Group

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is one step in that process.

Truckload Tactics for 2020: Balance Strategy to Control Cost

Talking Logistics

Truckload rates and capacity should not create concerns for shippers managing a proper procurement strategy during the first half of 2020. Read more Truckload Tactics for 2020: Balance Strategy to Control Cost. The post Truckload Tactics for 2020: Balance Strategy to Control Cost appeared first on Talking Logistics with Adrian Gonzalez.

Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

With supply chain planning software you can automate the achievement of service levels, even under changing constraints resulting from major disruptions. Commonly companies will use a “firefighting” response in times of supply chain disruption in order to meet service levels.

Why Agile Procurement is Essential for CPOs in 2020

Jaggaer

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. and procurement systems,?or

The Coronavirus Is Shattering Traditional Supply Chains

ivalua

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. Supply Chain

How COVID-19 Has Affected U.S. Trucking Rates—Will it Last?

CHAINalytics

And what can shippers expect for the rest of 2020? Blog Feature Supply Chain Consulting Transportation COVID-19 covid19 Freight Market intelligence Freight Rates Transportation Procurement transportation sourcing truckload freight Truckload procurement

Squirrelling Away – How panic buying is affecting the supply chain

All Things Supply Chain

Scared that their Government is, if it hasn’t already, going to implement a military style “total lockdown” to… General Procurement Management Supply Chain Management coronavirus procurement management supply chain management

The Parallel Supply Chain … A Twilight Zone Strategy?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! The unprecedented disruption in these Supply Chains and the economy, along with panic buying (eg. Simply a Parallel Supply Chain is a duplication of your mainstream Supply Chain.

White Paper: Procurement Diagnostics: Assess, Compare, Identify and Plan Your Way to Procurement Visibility and Process Efficiency

Bristlecone

Diagnostics are a quick yet effective way to gain sufficient visibility into the procurement function, understand gaps and efficiently bridge such gaps through proven methodology?. White Papers Diagnostics Digital Transformation Procurement Supply Chain Transformation

Ivalua Study: Tech Challenges Hinder Procurement

ivalua

New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. Key findings include: 97% of advanced procurement departments say procurement strategy is well aligned with overall business strategy versus only 14% of beginners. .

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2020 Requires Big Wings and Feet

Supply Chain Shaman

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The supply chain is a complex non-linear system.

Objectives of Procurement Management

EC Sourcing Group

Objectives of Procurement Management. The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” What Is Procurement Management?

2020 The Year To Address The Elephant in Every Room – Data

ivalua

North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 Supply Chain Data Quality and Governance Study ”. Source: 2019 Supply Chain Data Quality and Governance Study.

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Effectively Manage Foodservice Supply Chains During Disruptions

CH Robinson Transportfolio

Improving supply chain processes can be a strategic way to free up time to focus on the most important aspect of the restaurant business—happy customers. Key to this opportunity is working with a credible, aligned outsource supply chain provider.

Supply Chain Sustainability: If a leopard can’t change its spots, can supply chains ever be sustainable?

All Things Supply Chain

Would they even want to change them… General Supply Chain Management Supply Chain Sustainability logistics procurement production supply chain management supply chain sustainability

Trends and Predictions 2020: Supply Chain

Enterra Insights

One area in which there is no shortage predictions is the supply chain. Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supply chain continues to undergo almost unparalleled levels of change. The supply chain has increasingly become a critical function for companies to realize their business aspirations and is a competitive weapon in the modern, digital economy.”[1]. Supply chain trends.

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What Supply Chain Data Should I Track in 2020?

Veridian Solutions

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Challenges in Tracking Supply Chain Data in 2020. Supply Chain Data to Track Through 2020.

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Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

Venture capital (VC) investor, columnist and educator Brian Aoaeh is part of the new generation of investors who are unlocking the opportunities in supply chain. Steeped in the investment world since 2008, Brian decided very early on to focus on supply chain and operations investment.

Why Supply Chain Complexity Isn’t a Bad Thing

Logistics Viewpoints

When I started my career the term “supply chain” was just emerging. Most professionals I interacted with during my early days in this industry were still referring to “materials management” and “procurement” when they spoke of what we call “supply chain” today.

Procurement Terminology is a Mess!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Procurement language article originally published by, and permission to publish here provided by, Sam Jenks at kodiakrating.com. From one Procurement organization to the next, terminology differs. Subscribe Here! Email Address.

What are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

ivalua

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. Balance Procurement Objectives. Procurement

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