Ivalua and Axbility Consulting partner to help companies create value through successful procurement transformation

ivalua

Axbility Consulting, a subsidiary of Ivalua European partner Axys Consultants, reinforces Ivalua’s capabilities to empower today’s Procurement & Supply Chain Leaders. In addition, Axbility Consulting will support Ivalua in strengthening its professional services leveraging Axbility Consulting’s unique methodology and change management capabilities to deliver best practices and tangible results for customers aiming to transform Procurement.

Freight Procurement Solutions Are Transforming Supply Chains

Jaggaer

Why You Should Consider Freight Procurement Sourcing Solution. Procuring raw materials or finished goods is one thing, but the processing of moving those goods from one place to another brings its own set of challenges. Whether you’re in charge of ordering the “things” or managing how and where those things get from A to B, both sides of the procurement equation stand to benefit from freight procurement automation.

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Procurement Fact File

Claritum

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement. source: (1 page infographic) AccentureOperations , High Performance Procurement (2015). Outsourcing of non-core procurement activities.

How can Procurement stop its backwards path?

HICX Solutions

Over the past 12 years or so, I have had the privilege of working with Procurement, seeing its tremendous growth in importance, performance and capability. However, there are indications that Procurement’s progress is stalling and, worse, even moving backwards in some cases.

How can Procurement stop its backwards path?

HICX Solutions

Over the past 12 years or so, I have had the privilege of working with Procurement, seeing its tremendous growth in importance, performance and capability. However, there are indications that Procurement’s progress is stalling and, worse, even moving backwards in some cases.

Our take on Gartner’s 2018 predictions for procurement and sourcing technology

Xeeva

In Gartner’s recent annual report, they discuss their predictions as to what will have a great impact on procurement and sourcing technology in the coming year and how the market will change over time. One thing that is definitely clear – the procurement and sourcing market is evolving quickly as technology continues to advance. Why are these at the forefront of procurement and sourcing? He reduces the steps involved in managing your sourcing and procurement.

Capitalising on Supply Chain Digitisation with Robotic Process Automation – 10 Areas of Opportunities – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Procurement.

The Industrial Internet of Things, Manufacturing, Supply Chain & Logistics: Where Are We & Where Are We Going?

Cerasis

trillion to $14 trillion by 2022. Simply using common calendar tools, such as Google, means you are using the IoT, but the Industrial Internet of Things (IIoT) leads to the use of connected, smart devices to reduce inefficiencies, delays, and inaccuracies throughout the product lifecycle, including procurement as well. The era of paper-based systems and physically monitoring the supply chain is ending.

Why Blockchain Within The Supply Chain Makes Perfect Sense

Cerasis

A simple example is that of a cold chain using blockchain within the supply chain to hold a transport node accountable for mishandling: Tracking provenance, traceability, and historical procurement for materials, assets, and products as they move downstream to retailer with blockchain finality. from the global economy by 2022. Outcomes: reduction in delays/human error in paperwork, visibility into procurement, international compliance.

Medical Device Manufacturing in 2021 – The 3 Key Challenges

Unleashed

As of June 2020 enforcement of UDI legislation has been delayed for some classes of medical device until 2022 due to Covid-19 disruptions. For medical device manufacturers connected to the Covid-19 pandemic response, 2020 has been a year of growth.

Trends and Predictions 2020: Supply Chain

Enterra Insights

Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. Process Automation : “By 2022, firms will dedicate 35% of their logistics business process outsourcing services budget to process automation, focusing on order, inventory and shipment tracking.” Greeting the new year is like walking into a dimly lit room from the bright sunlight.

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How to prepare for a transparent supply chain in 2021

SupplyShift

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Procurement and marketing teams are perhaps the two functions that stand the most to gain from collaborating with sustainability departments.

Industry 4.0: Driven by 5G and Cognitive Technologies

Enterra Insights

David Van Dorselaer ( @dave_van_dor ), General Manager for AT&T’s Manufacturing, Transportation and Consumer Packaged Goods Industry Verticals, writes, “The manufacturing industry will continue to spend more yearly on IoT than any other industry through 2022. From procurement to distribution, 5G will mean manufacturers can connect more sensors, devices and assets through a single network giving them better visibility into the supply chain.

The good, the bad and the greenwash: 7 brands who hit the headlines for impact transparency in 2020

Provenance

They’ve also committed to all of their packaging being reusable, recyclable or compostable by the end of 2022. Unite marketing, sustainability and procurement. Over the last year, we’ve witnessed the rise in pressure to use sustainability as a marketing tool.

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

Volkswagen recently announced plans to invest €34 billion ($42 billion) in battery-powered cars by 2022. Supply chain is not just about the procurement and transportation of goods from source to consumer. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled.

Guest Post: An MBA student’s perspective on the ISM Meeting 2019

NC State SCRC

Over 1 trillion dollars’ worth of counterfeit goods was traded in 2013, and that number will double by 2022. The procurement function has experienced much growth over the past 15 years and is viewed as an enabler of driving innovation and change. This week’s guest post is from my MBA student, Nikhil Singh, who accompanied me to the recent Institute for Supply Management conference in Houston.

Why An Holistic Approach to Suppliers? Your Questions Answered

Jaggaer

dollars by 2022, so the trend isn’t slowing down any time soon. . This is great news for the procurement function! But it also puts more pressure on procurement to make sure suppliers are top quality and won’t open up the organization to unnecessary risk. . . Do you typically recommend establish ed standard bonuses and penalties for a given category, or do you encourage procurement teams to customize and negotiate these by contract? .

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

Volkswagen recently announced plans to invest €34 billion ($42 billion) in battery-powered cars by 2022. Supply chain is not just about the procurement and transportation of goods from source to consumer. In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Ten years later, that number has more than doubled.

UK Public Sector: New social value evaluation promotes green recovery

Proxima

From January 1 st , 2021, the new approach requires all central government procurements to explicitly evaluate, rather than just consider, social value [1]. Observations from Beth Bradley and James O’Neill.

What is Vendor Master Data Management and Why is it Important?

HICX Solutions

Take for example this quote featured in The Wall Street Journal : “The implications of this apparent gap between opportunity and action are considerable, given that 65 percent of procurement leaders report limited or no visibility into their entire supply chain and have yet to make the most of digital tools at their disposal that could help to provide a more complete view.” An organisation can’t be truly effective without knowing its vendors.

Top 10 supply chain trends for 2020

Requis

In the past few years we’ve seen the rise of new leadership roles in the C-suite, including the chief procurement officer and chief supply chain officer. trillion counterfeit market by 2022) according to a report by the International Trademark Association and the International Chamber of Commerce. January 1st not only the start of a new year, but a new decade.

How Will Smart Cities be Financed?

Enterra Insights

Pedro Hernandez ( @ecoINSITE ), reports an ABI Research study commissioned by Chordant in partnership with CA Technologies concludes, “Worldwide, smart city technologies can end up saving governments, businesses and inhabitants more than $5 trillion each year by 2022. billion a year by 2022, thanks to smart buildings, low-maintenance street lighting and other efficiency-boosting systems.

3 Reasons Why the Pharma Supply Chain is Ripe for Digital Transformation

Aera Technology

percent CAGR through 2022. AI’s powerful cognitive automation capabilities can be applied to all supply chain processes, from demand and supply forecasting to inventory optimization, manufacturing performance, procurement automation and supplier reliability assessments.

Data 40

Your Guide to Multichannel Selling

Unleashed

In 2022, the augmented and virtual reality market is expected to be worth US$ 209.2 They can efficiently manage their inventory, monitor stock levels at a glance, and place orders before they run out of stock, making procurement more efficient. What is multichannel selling? Multichannel selling allows customers to shop and purchase through whichever channel they prefer. Traditional multichannel selling used to be limited to in-store experiences, catalogues, or by phone or email.

Why Maintaining Supplier Data Integrity Should Be One Of Your Top Priorities

HICX Solutions

Giving everyone in procurement access to all of the data is not only unnecessary, but it’s also risky. “By 2022, 90% of corporate strategies will explicitly mention information as a critical enterprise asset and analytics as an essential competency.” The importance of supplier data integrity is not a new thing.