sourcing strategies

SourceMap raises $10M to step up supply chain transparency and traceability

SourceMap raises $10 million in series A funding round

Amid Russian aggression in Ukraine, companies with suppliers in the region have a challenge to overcome. With supply lines between the region and the rest of the world beginning to sever, brands that source their parts and raw materials from Russia and Ukraine will need to start looking elsewhere, but transitioning to a new supplier that fits is no small task.

That’s not to say it can’t be done. In a bid to make procurement less of a headache for retailers, supply chain due diligence platform Sou...

https://www.freightwaves.com/news/sourcemap-raises-10m-to-step-up-supply-chain-transparency-and-traceability

Moves like Jaggaer: The forefront of automatic replenishment

Jaggaer is at the forefront of the autonomous commerce revolution

Moving product from supplier to buyer is one of the biggest challenges brands face amid supply chain disruptions that have driven a wedge in the procurement process. But nobody moves quite like Jaggaer.

Headquartered within the Research Triangle in North Carolina, Jaggaer is a software platform that automates procurement for major clients like Siemens, JLL, AstraZeneca and even the government of Dubai. The company’s flagship solution, Jaggaer One, is a part of what CEO Jim Bureau has dubbed the...

https://www.freightwaves.com/news/moves-like-jaggaer-the-forefront-of-automatic-replenishment

Resisting supply shocks due to market volatility using data intelligence

Resisting supply shocks due to market volatility using data intelligence (Photo: Jim Allen/FreightWaves)

Within supply chains, visibility across upstream vendors has increasingly become of paramount importance — especially to supply chain stakeholders that look to guarantee their sourcing meets quality standards during times of such volatility. FreightWaves connected with Gregor Stühler, the CEO and co-founder of procurement technology startup scoutbee, to discuss how companies can shift their procurement strategies from being reactive to proactive. 

Stühler explained that most supply chains...

https://www.freightwaves.com/news/resisting-supply-shocks-due-to-market-volatility-using-data-intelligence