UPS to amp up its fleet with Arrival investment | Technology

UPS to amp up its fleet with Arrival investment | Technology

Multinational logistics and provide chain administration large UPS (United Parcel Service) has accomplished a minority investment in Arrival, an electrical car (EV) and corresponding platform developer which just lately grew to become one of many UK’s most dear unicorns. Arrival designs and produces the important thing elements of its autos, together with the powertrain, controls, physique and chassis, and leverages a modular design technique for standardised elements to guarantee easy upkeep and mitigate possession prices. Having reached such heights by way of the receipt of a US$100mn investment from Hyundai…

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SourceDay: unlocking the potential of the buyer-supplier ecosystem | Procurement

Tom Kieley, co-founder and CEO of SourceDay, discusses how his firm supplies visibility, and belief, of their ERPs, unlocking the energy of the trendy provide chain ecosystem. The function of the provide chain and the provide chain skilled is altering. As the world enterprise panorama evolves in response to megatrends like elevated buyer centricity, nearer buyer-supplier relationships and the staggering technological developments of the fourth Industrial Revolution, an increasing number of of the outdated silos and attitudes have come crashing down. Founded in 2013, procurement and logistics platform firm SourceDay…

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Maersk and Koole Terminals sign production agreement for Rotterdam | Distribution

Maersk and Koole Terminals sign production agreement for Rotterdam | Distribution

Leading companies of their respective fields, Maersk Oil Trading and Koole Terminals has introduced a joint agreement to provide IMO 2020 compliant bunker gas. As of 2020 IMO’s 2020 sulphur gas cap of 0.5% shall be applied globally. The gas cap is being launched to cut back sulphur oxide emissions from ships utilizing heavy gas oils to cut back hurt to people and the atmosphere. Bunker fuels inside the emission management space (ECA) will proceed to have a cap of 0.1%. “Koole Terminals continues to explore opportunities to contribute to…

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Maersk and Koole Terminals sign production agreement | Distribution

Maersk and Koole Terminals sign production agreement for Rotterdam | Distribution

Leading companies of their respective fields, Maersk Oil Trading and Koole Terminals has introduced a joint agreement to provide IMO 2020 compliant bunker gas. As of 2020 IMO’s 2020 sulphur gas cap of 0.5% can be carried out globally. The gas cap is being launched to scale back sulphur oxide emissions from ships utilizing heavy gas oils to scale back hurt to people and the atmosphere. Bunker fuels inside the emission management space (ECA) will proceed to have a cap of 0.1%. “Koole Terminals continues to explore opportunities to contribute…

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Ivalua: procurement teams impacted by lack of digitisation | Procurement

Ivalua: procurement teams impacted by lack of digitisation | Procurement

Ivalua, the Procurement Empowerment Platform, has printed a new report which suggests a lack of digital transformation is impacting procurement teams. The analysis, carried out by Vanson Bourne on behalf of Ivalua, reveals that procurement, provide chain and finance professionals are spending 31% of their time coping with inefficient and outdated paper-based and handbook procurement processes which restricts procurement division’s time to supply better strategic worth. It was additionally discovered that 66% of all companies surveyed believed its operations nonetheless relied on paper-based processes as half of their respective procurement methods.…

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Procurement Focus: Deloitte – the global management consultant | Procurement

The consultancy big, Deloitte, permits shoppers to satisfy enterprise targets by offering consulting, tax, audit, assurance and monetary and danger advisory. Founded in 1845 in London, Deloitte has skilled important progress all through the years and now serves greater than 286,000 individuals in 150 nations. Deloitte works with the largest corporations worldwide and serves 4 out of 5 Fortune 500 corporations. However, Deloitte’s steerage has additionally been prolonged to procurement leaders worldwide via the Global Chief Procurement Officer Survey 2018 which provides an perception into the key themes dealing with…

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Collaborative working is a key driver towards procurement success | Procurement

Collaborative working is a key driver towards procurement success | Procurement

When it involves procurement; collaborative working must be taking place far more repeatedly. Overall, public sector procurement is significantly buoyant; NHS budgets are rising, the pan-government digital transformation programme is retaining IT spending excessive, and capital initiatives like HS2, Thames Tideway and Heathrow growth are retaining public sector development exercise wholesome. You may say for the general public sector, works a lots. The Brexit cloud continues to hover and whereas uncertainty is undoubtedly hampering public procurement with some contracts prolonged and initiatives delayed, funding is sturdy and there is loads…

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How have price comparison websites impacted the supply chain? | Procurement

How have price comparison websites impacted the supply chain? | Procurement

Procurement is an ever-changing time period that comes with a equally fluid job description. Today, procurement entails the course of of selecting distributors, establishing cost phrases, vetting the distributors and negotiating contracts to buy items or providers. Tomorrow, who is aware of what the definition of procurement could possibly be? Organisations are utilizing know-how to acquire extra successfully than ever earlier than and it’s the job of the SME to seek out methods to streamline this course of additional. Price comparison websites (PCWs) are main the cost on this new…

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Tradeshift: connecting businesses worldwide | Technology

Tradeshift: connecting businesses worldwide | Technology

In 2010, co-founders of IT large Tradeshift – Christian Lanng, Mikkel Hippe Brun and Gert Sylvest – launched the corporate with one ambition in thoughts: to attach each enterprise on the planet. Having achieved success 5 years earlier in 2005 by means of the revealing of Easy Trade, the world’s first open-source commerce platform, the three males collaborated collectively once more to create Tradeshift because the agency grew to become a frontrunner in provide chain funds. Now, the corporate is liable for connecting 1.5mn businesses throughout 190 completely different nations,…

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Odesma: how far can the digital transformation of the supply chain take us? | Supply Chain Management

Digital transformation is all about overcoming conventional enterprise obstacles with trendy technological options. The phrase covers every part from going paperless to Artificial Intelligence (AI), and goals to scale back prices and time spent on a variety of enterprise operations. The tempo at which digital transformation is occurring varies enormously between business and area, however there’s a robust case to be made for modernisation of this type in all workplaces.  Why is it necessary?  In an more and more aggressive enterprise panorama, the smallest enhancements in effectivity can set you…

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