This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Procurement and supplychain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1. Ivalua Spend Management Insights [ivory-search] Get Ready for Success!
Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, SupplyChain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).
Below are the individual web links and prime takeaway messages from each of our prior postings: Part One : Michael observed that standard sourcing solutions struggle to support direct materials sourcing because of specific challenges in legacy software design.
SCMDOJO Academy elevates your procurement and supplychain skills through its extensive course library. Mastering Procurement – Essentials Skills and Competencies Mastering Procurement by Maryna Trepova is the ultimate Procurement and Purchase Management course for Engineers, Entrepreneurs, Managers, and Students.
Collaborate across departments: Engage stakeholders from different departments within the organization – not just supplychain management including logistics and procurement but sales, marketing, and finance. ERP, CRM, SCM), external sources (e.g., ERP, CRM, SCM), external sources (e.g., sensors, RFID tags).
This posting is the third installment in our ongoing supplychaintechnology market education series. In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design and why.
Subscribe to SupplyChain Game Changer. SupplyChain Investment Challenges – Real and Imagined! Intelligent SupplyChaintechnologies article and permission to publish here provided by Dan Weinberger , UN SupplyChain Expert and CEO of Morpheus Network. Blockchain Technology.
This posting is our fifth installment in an ongoing supplychaintechnology market education series. In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design.
Fictiv , a global supplychaintechnology company, announced that it has entered into an agreement to be acquired by MISUMIGroup Inc., Fictiv brings exceptional talent, proven technology, and a shared commitment to innovation. Once closed, Fictiv will join MISUMI.
We decided 8 or 9 years ago that to create a competitive advantage, we really needed to control much of our supplychain. We’ve taken the same hybrid approach from a supplychaintechnology perspective. I’m responsible for the overall digital transformation, including technology.
Supplychain and procurement have undergone a seismic change in recent years. Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supplychain skills are simply no longer enough for success.
A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?
Today, supplychain excellence matters more than ever. During the pandemic, the supplychain discussions take new importance. While the supplychaintechnology market lost its allure at the start of the last decade, it is now cool again. The supplychain career is new. Challenges abound.
The following SupplyChain Matters multi-part guest commentary is authored by Michael Lamoureux who provides over 18 years of experience and observations and experience in procurementsourcingtechnology applications. Michael is the Editor-in-Chief of the Sourcing Innovation blog. This is a simple example.
Koganti urged the procurement audience to look for whats referred to as “foresight function” in planning tools, which is capable of enhancing data analysis, scenario generation and trend identification , allowing for more informed and proactive decision-making, albeit with human oversight.
Strategic Expertise at the Core: Renowned for excellence in strategic operations, sourcing, procurement, and transformation Kearney consistently ranks among global leaders in these areas.
Ryan is the Co-founder and CEO of GoodShip , an all-in-one platform for supplychain analytics, carrier management, and transportation procurement About Ryan Soskin Ryan Soskin is a 13 year logistics veteran and three time startup unicorn alum with a long history in freight tech. years and a $1.8B
Tesco and Walmart have announced procurement policies aimed at reducing carbon emissions and promoting sustainability throughout their extended supplychains. AI can integrate with procurement platforms, utility meters, logistics trackers and internet of things sensors to gather real-time data.
Then, executives need supplychaintechnology to stay ahead of the game. But what technologies we should pay attention to? Managed sourcing establishes partnerships between internal procurement teams and third-party providers that allow procurement professionals to become more efficient and effective.
My Perspective and Point of View Traditional supplychaintechnologies depend on relational database structures. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. I term this our data jail. Why is this needed? Stay tuned.
Amplio helps you meet your production goals by removing procurement roadblocks – the software assesses your BOMs’ sourcing risk, locates inventory for you, and recommends optimal purchasing strategy so that you get the components you need at the best price. Streamline procurement. Access diverse sources of supply.
Last week, Clint Reiser published an article highlighting our 2022 supplychain predictions. While we have published predictions about supplychaintechnology trends at the beginning of the year in past years. This year we have decided to lead with our predictions about the broader supplychain function.
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supplychains across the globe nearly came to a halt.
Increasing Maturity of the Role of the Forecast for the SupplyChain Leader This gets me back to why technologies are not improving enterprise leadership’s ability to forecast and manage revenue. This exceeds the 55% previously reported in the SupplyChain Insights surveys. This is his world.
No one knows, but in my discussions, business leaders agree that Artificial Intelligence (AI) is here, and the projected impact on supplychaintechnology looms large sending the industry into very different gyrations. How fast will it transform work, no one knows, but excitement reigns.
Supplychain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. Let’s break down these key components: Procurement: This is where it all begins.
Ivalua Spend Management Insights [ivory-search] Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study May 9, 2023 | | Innovation by Alex Saric In today’s age of uncertainty, procurement departments are under tremendous pressure. Ensuring supply continuity requires timely and open sharing of information.
Maddox is responsible for engaging with shippers offering tools that empower meaningful logistics relationships through its award-winning Freight Procurement Platform. Transforming the $800 billion freight industry, Emerge empowers meaningful logistics relationships through its award-winning Freight Procurement Platform.
Moller-Maersk Extends Lease at Port of NY and New Jersey Sealand - A Maersk Company Launches Hispaniola Service SupplyChainBrain Women in Procurement Struggle for Equality, Still More from this author Subscribe to our Daily Newsletter! Timely, incisive articles delivered directly to your inbox.
How has technology impacted procurement and sourcing in the supplychain? Technology has revolutionized every industry and procurement is no exception. In fact, according to a global survey of 830 procurement professionals carried […].
Or a personal health situation arises like a batch of peanut butter becoming contaminated with salmonella or children’s toys being contaminated with lead paint, where the regulators have difficulty identifying the source of the problem several tiers upstream in the supplychain.
DAT iQ provides freight intelligence to inform your budget and procurement strategies so you can navigate market volatility with greater confidence and agility. This segment is in the growth stage of its evolution, serving large enterprise brands and their Logistics, Procurement and SupplyChain teams.
Last week at the Ariba LIVE 2013 conference, I led a discussion session titled “At the Intersection of Social and Business Networks” with about fifty senior executives in supplychain and procurement.
Webinars Watch: An Alternative to Traditional Battery-Making Technology for EVs Sourcing/Procurement/SRM Watch: Getting Ahead of Customs Compliance Violations Regulation & Compliance Five Ways AI-Enabled Digital Twins Will Shape the Future of SupplyChainsTechnology Digital Edition SupplyChainBrain 2025 ESG Guide: Is ESG Still Relevant?
Never one to be satisfied with the status quo, Inna is focused on helping companies improve the application of supplychaintechnology to maximize customer experience and profitability. Her success as a leader both reflects and propels women’s advancement not just in supplychain, but in the professional world in general.
Breaking Boundaries: Exploring Generative AI’s Impact on SupplyChainsSupplychains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Within Manufacturing Insights, Stephanie conducts supplychain, sustainability, and Industry 4.0
LeanDNA helps manufacturers to improve their supplychain efficiency and agility, while also reducing costs and improving customer satisfaction. LeanDNA is a cloud-based supplychain execution platform that helps discrete manufacturers digitally transform their procurement operations.
When she’s not writing about 3PLs you can find her in the cold chain world hosting Running on Ice. Expertise in operations, LTL pricing and procurement, flatbed operations, dry van, tracking and tracing, reality tv shows and how to turn a stranger into your new best friend.
eWorld Procurement & Supply. The Leading Bi-Annual Event for Procurement Innovation. The UK’s most comprehensive business forum for Procurement, Sourcing and SupplyChainTechnologies. Soft skills for procurement professionals. Intelligent sourcing & risk management.
Supplychains have been volatile since the beginning of the pandemic, with elevated rates and fragile capacity highlighting the need for innovative procurement solutions. Empty miles are about 1.5% of US greenhouse gas emissions. Raj and the Uber Freight team believe they can address and solve many of the problems listed above.
The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supplychain management.
Supplychain trends and practices today, are mainly driven by cost optimisation and lean strategy. This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks.
SupplyChain Matters features its latest full edition of This Week in SupplyChain Management Tech , a compilation of funding, partnership and other noteworthy announcements related to supplychaintechnology providers. This start-ups technology is based on the open-source database PostgreSQL.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content