As a business owner, one of the issues you might encounter while managing your production line is outgrowing your storage capacity. If you encounter such an issue, there is a high chance your production line will be disrupted, affecting customer service and lowering your profit margin. Therefore, it’s important to avoid the issue from happening […]
Category: Supply Chain & Procurement
Three steps to take back control of your SAP landscape
By Joe Byrne, Executive CTO, Cisco AppDynamics Businesses in all sectors rely on SAP to bring together data from across functions in order to seamlessly plan, allocate, and deploy resources across complex supply chains. Numerous business applications depend entirely on SAP to fulfill their purpose to end users, from the frontend — such as e-commerce […]
How Rising Fuel Prices are Forcing Logistics Companies to Adjust B2B Deliveries
By Anar Mammadov, CEO — Senpex There was a season when it appeared that businesses could stop worrying about fuel prices; then, the season passed. As recent headlines have reported, gas prices in the US are once again on the rise. While rising gas prices impact virtually every segment of the business world, B2B logistics companies are affected more than most […]
How Blockchain Is Revolutionizing Food Supply Chains
As the internet connects multiple entities, it seems like a world where every object can tell a story of its own. When these wonderful manifestations of the internet combined with blockchain, a revolution took place in Supply Chain management. The introduction of blockchain in the food supply chain: simplified tracking the journey of a food […]
The Shipping Industry Post-Pandemic: Overcoming the Supply Chain Problem
The global supply chain is in turmoil, a situation that has spelled disaster for a wide variety of industries. Grocery store shelves remain unstocked, high-demand products are off shelves, and customers are hoarding what they can get in a frenzy, panic-buying to avoid not being able to get items like eggs and Dr. Pepper. Moreover, […]
Inventory Management – Techniques and Methodologies
Managing an inventory can be quite a tedious and cumbersome task to handle without the help of a proper software solution. Recording units, item numbers, and location of items, while making sure that there is enough stock for all of the orders your customers placed is often just the beginning. However, keeping immaculate records of […]
COVID-19 Fundraising for Small Businesses
The Beatles once sang this truism: “I get by with a little help from my friends.” Along the same lines, the poet John Donne wrote, “No man is an island entire of itself.” Do you see the pattern? We all need assistance and support from time to time — even the most ambitious and independent of […]
Supply Chain Reactivity: In Conversation with Mike McGrath of Kwayga
COVID-19 was not the first disruption of the global food supply chain. In the European Union, there was also Brexit. Kwayga, a start-up based in Cork, Ireland responded with what its CPO Mike McGrath describes as “the Tinder of supply chain technology.” The intent, though, is to maintain a relationship-focus with new partners rather than […]
5 Reasons Why Fleet Owners Should Invest in Dash Cameras
Dash cams or dashboard cameras are tiny devices that can provide fleet managers with a watchful eye even when their vehicles are miles away. Moreover, dash cams also offer drivers a helping hand when it comes to being safe behind the wheel of a truck (which is not always that easy to maneuver). Nowadays, […]
HP Canada President: Canada can become a digital manufacturing powerhouse
Canada’s story has always been one of resilience, collaboration and ingenuity and in no time has that been truer than over the course of this year. COVID-19 was a systemic shock—not just for Canada but for nearly every nation on earth. It revealed a soft underbelly to what we previously considered to be steadfast, resilient […]
Greentec CEO Perrotta: Why we’re partnering with Glentel
In the fight to reduce climate change, Canadian mobile phone retailer Glentel Inc. announces partnership with Cambridge-based recycler Greentec, to responsibly dispose of old phones across Canada This year alone, 31 million Canadians are in possession of a smartphone, meaning half of these individuals are likely to be in the market for a new device. […]
Gatik Deploys Canada’s First Autonomous Delivery Fleet with Loblaw; Announces $25 million raise
Gatik, an autonomous technology company deploying autonomous vehicles for B2B short-haul middle-mile logistics, today announced a multi-year partnership with Loblaw Companies to deploy a fleet of autonomous delivery vehicles in Toronto, Ontario. The autonomous vehicle company also announces $25 million in VC funding. Beginning in January, Gatik will provide Loblaw with a safe, reliable, contactless delivery solution for transporting […]
Here’s Why RFID Tracking Will Never Go Out of Style
Now that B2B global communications networks have made it possible to share data across vast distances in real time, RFID tracking has revolutionized B2B shipping, warehousing, and logistics. Supply chain specialists can now keep closer track of shipments than ever before. And it’s not just a matter of tracking their physical location. RFID tracking technology […]
Mastercard makes a bigger investment in serving B2B markets like the auto sector with OpenText
Mastercard is enhancing its B2B global trade enablement platform with technology from OpenText, beginning with capabilities for auto industry professionals as part of a broader plan to create deeper relationships with corporate buyers. The company on Thursday announced its intentions to use OpenText’s Supplier Portal, Identify Portal and Internet of Things (IoT) at the vendor’s […]
How Tealbook, Fluxym, Eved and others are trying to transform enterprise procurement
The digitization of purchase processes in the enterprise are creating a greater need for supplier management applications that work better together than allow chief procurement officers to get a “seat at the table” among senior decision-makers, according to a gathering of CPOs in Toronto on Thursday. Former procurement leaders from Google, GE and other large […]
FedEx offers a dream-like look at what happens while its B2B customers are sleeping
A TV commercial from FedEx suggests that business professionals who track the delivery of items online aren’t even seeing half of what really going in to getting their orders fulfilled. In ‘Dream 2.0,’ an animated series of commonly-shipped items — including a data center server, a medical monitoring device and a wind turbine — move […]
Avionos research shows most procurement officers are bypassing supplier portals in favor of some consumer-friendly search options
Even though they work in B2B firms, 78 per cent of procurement managers begin looking for product searches on Amazon or Google rather than a vendor’s own site, and most are disappointed by what they find, according to a new report from Avionos. Avionos, a digital marketing firm based in Chicago, surveyed 160 U.S. B2B […]
How Siemens is moving 100,000 trading partners from phone calls and faxed invoices to a digitally-driven supply chain
Siemens is in the process of rolling out new technology and services from OpenText that will try and encourage more than 100,000 firms connected in its supply chain to move to a more digitally-driven way of making payments and completing other business processes. The Berlin-based industrial manufacturing company was among those represented at Enterprise World, […]
Outlaw fights back at the incomprehensible legalese that plagues business contracts
It should have been a celebratory time for Evan Schneyer. His travel-oriented startup, Wanderfly, was being sold to Tripadvisor after about five weeks’ worth of discussion. Then, when it came time to sign on the dotted line, the contract challenges emerged that gave birth to his new venture, Outlaw. “It was like a glorified job […]
Collaborative VMI Project Generates a Win-Win for the Buyer and Supplier
Vendor Managed Inventory (VMI) is a process where the supplier monitors customer information to keep the customer properly stocked with materials. VMI often gets a bad reputation because historically procurement departments use it to shift cost to the supplier. This project was different. The overall objective was to reduce the number of manual changes to […]