Strategic Sourceror

FEBRUARY 3, 2023

As any supply chain professional will tell you, managing various day-to-day operations and keeping track of everything going on in the supply chain are among the most difficult parts of the job. Why is visibility so important? Reduced costs Ultimately, visibility boils down into long-term operational efficiency.

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e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

Supply Chain Game Changer

AUGUST 19, 2022

Supply chain management and contract lifecycle management are key ingredients to business success. The journey from idea to end product to shipment and delivery is exciting, yes, but rather complicated — fueled with many moving parts. How well a company manages its supply chain processes can directly impact its bottom line.

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Contract supply chain budgeting Management Supply Chain Efficiency 97

World of Procurement blog

JANUARY 12, 2022

Over Christmas, I started thinking about the top Contract Management trends for 2022. One general observation I have of us Contract Managers is that there is a fantastic opportunity to become more closely aligned with our Legal colleagues. There is talk of a rise in Legal Operations and Legal Design type roles throughout 2022.

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Contract management Contract Management e2e 52

Procurement Leaders

JUNE 13, 2022

Securing this level of visibility in the construction sector is challenging for several reasons: Much of the work on HS2 is broken into stand-alone projects made up of unique combinations of contractors and suppliers. Share best practice on the effective management of uncertainties such as the Covid-19 pandemic and the Ukraine-Russia crisis.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130

Supply Chain Game Changer

MAY 10, 2022

In April, 2022 I was invited to present at Unicorn Partners’ Supply Chain Intelligence Summit. Further, we believe that we are now at a massive inflection point in the history of Supply Chain Management. Originally published on May 10, 2022. Supply Chain’s Moment of Truth Has Arrived! All Rights Reserved.

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Supply chain e2e Supply Supply Chain Visibility 93

Supply Chain Game Changer

NOVEMBER 16, 2021

In a recent interview I was asked to discuss my views on what was in store for Supply Chain in 2022, and beyond. I believe that 2022 will see continued disruptions in Supply Chains caused by the Coronavirus pandemic. Supply Chain and it’s importance is more visible than at any time in history.

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Supply chain Real-time Visibility e2e Supply 89

Supply Chain Game Changer

APRIL 11, 2022

I recently had the privilege of attending a program at MIT’s Sloan School of Management about Organizational Design for Digital Transformation. MESCBN technology is a supply chain cloud platform that connects disparate systems across global networks for end-to-end visibility and synergy across multiple parties, flows, jurisdictions, etc.

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e2e Supply Chain Optimization Supply chain Networking 96

Supply Chain Game Changer

SEPTEMBER 6, 2022

This activity includes collecting and storing inventory, fulfilling orders, and managing the post-sales process. If possible, you should also consider investing in warehouse management software to help you track inventory and boost the efficiency of your inventory management processes. Enable End-To-End Order Visibility.

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Order Fulfillment Supply Chain Efficiency e2e Real-time Visibility 94

IBM Supply Chain Blog

JUNE 30, 2023

In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Real-time Visibility 77

Una

AUGUST 30, 2022

By Hugo Britt | August 30, 2022. A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract). How to Improve Strategic Supplier Relationship Management.

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Procurement e2e Supplier relationship management Real-time Visibility 98

Supply Chain Game Changer

FEBRUARY 8, 2022

Supply Chains involve leadership and executive management, development, marketing, planning, finance, sourcing, procurement, manufacturing, distribution, warehousing, customer service, I/T, engineering, order management, reverse logistics, environmental responsibility and more. Originally published on February 8, 2022.

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Supply chain Real-time Visibility e2e Supply 90

HICX

MAY 12, 2023

On September 21 & 22, over 5,000 people from numerous leading global corporations came together for DPW Amsterdam 2022 to share their experiences about a wide range of topics in Procurement and Supply Chain. In his words, “If we don’t have visibility of it, we don’t know where to go at it.”

e2e 52

e2e Real-time Visibility Supply chain resilience Supply chain 52

Pipefy

FEBRUARY 3, 2023

Build a better invoice processing workflow with The Definitive Guide to Workflow Management Download now What is automated invoice processing? Automated invoice processing simplifies end-to-end invoice processing activities by eliminating the time and costs associated with manually processing invoices. days to complete.

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e2e Management Purchase orders Real-time Visibility 59

Supply Chain Game Changer

SEPTEMBER 5, 2022

The Digital Supply Chain involves the application of a large variety of technologies built on a backbone of real time electronic connectivity and visibility of every aspect of the entire end to end Supply Chain. End to End Supply Chain Network Mapping. Originally published on July 12, 2022.

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Supply Chain Optimization Supply chain Real-time Visibility e2e 92

SCMDOJO

MAY 13, 2022

Fast moving forward into 2022 ongoing widespread congestions in ports, container shortages, and volatile shifts in demand for goods from Western economies causing freight rates to skyrocket ended up adding extreme pressure on the main cost drivers of the ocean side of the supply chains and beyond.

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Supply Chain Optimization Supply chain Real-time Visibility e2e 83

Supply Chain Game Changer

OCTOBER 18, 2022

You must have visibility to all tiers of your entire end to end Supply Chain, from the lowest tier supplier through to the end customer. It is more than just formal education, the development of communication skills, computer and systems skills, management and other technical skills. All Rights Reserved.

Supply Chain Efficiency 123

Supply Chain Efficiency Supply chain Supply e2e 123

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost. Not only that, it also offers a single source of truth, having all of your contract documents and contract management data in one place.

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Contract management Contract e2e Management 52

IBM Supply Chain Blog

NOVEMBER 8, 2023

We saw this happen between Dole and Walmart in 2022 when a particular brand of lettuce—Ocean Mist Farms brand Romaine Hearts—had to be recalled. If the store can embed that data point back into its inventory management system, it will be able to better align supply and demand for individual items.

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Supply Chain Efficiency supply chain budgeting Real-time Visibility e2e 106

Supply Chain Game Changer

SEPTEMBER 14, 2022

Managing many security tools presents difficulties. Consolidating security technologies is made easier with CNAPP, which also increases visibility into organizational operations and allows for more command over security and compliance issues in the cloud. Better Integration and Earlier Detection Attributed to Raised Visibility.

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Real-time Visibility Supply Chain Efficiency e2e Risk 94

Supply Chain Game Changer

OCTOBER 11, 2022

The end to end electronic connectivity of all elements of the Supply Chain, as enabled by an extensive array of exciting new technologies, will define all progression over the next few decades. Digital Supply Chain Journey article originally published on October 11, 2022. Subscribe Here! Email Address. All Rights Reserved.

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Supply chain e2e Supply Real-time Visibility 97

Supply Chain Game Changer

FEBRUARY 14, 2022

As the name suggests, the role of a fractional CFO revolves around financial management. During financial management, a CFO reviews the company’s financial situation to ensure accurate and timely reports. Other than financial management, the CFO is the first line of defence for risk management.

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Supply Chain Efficiency Supply chain Supply e2e 96

Supply Chain Game Changer

NOVEMBER 16, 2022

The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. Along with cost savings, procurement managers are focusing on optimizing and automating processes. In 2022, this became history with procurement automation solutions. Subscribe to Supply Chain Game Changer.

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Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Supply Chain Game Changer

MAY 17, 2022

Originally published on May 17, 2022. Implementing several of these actions will reduce the incidence and duration of Supply Chain disruptions. Supply Chain’s Moment of Truth has arrived and we need to take the path of proactivity. Copyright © Mortson Enterprises Inc. All Rights Reserved. The post The Reactive vs Proactive Supply Chain!

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Supply chain Real-time Visibility Supply e2e 106

Supply Chain Game Changer

APRIL 12, 2022

If this stress is managed the resultant adrenaline rush can lead to a productive response. And manufacturing managers may be angry because their lines are stopped. In addition extra suppliers require more resources for qualification and performance management. However stress uncontrolled can elicit feelings of panic and fear.

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Supply chain Supply Inventory Real-time Visibility 111

IBM Supply Chain Blog

NOVEMBER 3, 2022

Investors: As of 2022, the value of sustainable investment in major financial markets has grown by 1% in the last two years. Inventory positioning: Visibility across your entire network allows you to optimize the fulfillment of each order. Yet only 20% of CEOs say their sustainability efforts help them recruit talent.

Supply Chain Efficiency 107

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Supply Chain Optimization 107

Una

JULY 28, 2022

By Hugo Britt | July 28, 2022. IT managers can be territorial, too. Start the conversation by listening to the IT manager’s challenges, then show them what procurement can do , such as getting a better deal than that advertised on the supplier’s website, or finding other suppliers who offer the same or a better product/service.

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Procurement supply chain budgeting Procurement team e2e 98

Procurement Software

MAY 16, 2023

Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.

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Procurement Purchase orders Real-time Visibility Purchasing 96

IBM Supply Chain Blog

AUGUST 1, 2023

In this day and age, it’s critical that organizations know about and manage all apps installed on their endpoints. Using multiple platforms to discover apps and manage laptops and mobile devices negatively impacts the IT and security team’s efficiency and productivity in continuous application patching.

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Risk Management Real-time Visibility e2e 54

Supply Chain Game Changer

SEPTEMBER 7, 2021

Supply Chain Visibility Has Never Been More Important! The reality though is that the chip constraints will likely continue to impact the automotive market place well into 2022. Here at Supply Chain Game Changer we believe that Supply Chain Visibility has never been more important. Subscribe Here! Email Address.

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Supply Chain Optimization Supply chain Real-time Visibility e2e 80

IBM Supply Chain Blog

FEBRUARY 13, 2024

In fact, in a 2022 survey , 73% of consumers said that traceability is important to them. Technology that streamlines and automates transactions and contract management can significantly reduce these errors and expedite sourcing processes. And from that group, 71% would pay a premium for it.

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Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Let's Talk Supply Chain

MAY 17, 2023

Enterprises have started looking at technological innovations to simplify the last mile, investing in machine learning (ML) and artificial intelligence (AI) to automate processes such as scheduling and routing, improving supply chain visibility and reducing costs overall. In the Last Mile Mandate survey conducted by FarEye in 2022, U.S.

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Logistics e2e Supply Chain Efficiency supply chain budgeting 52

IBM Supply Chain Blog

FEBRUARY 6, 2024

Management software All cloud computing models leverage various software tools, including a centralized management platform (CMP). A CMP creates a single pane of glass (SPOG) that provides enterprise-wide visibility into multiple sources of information and data. What is a hybrid cloud?

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e2e Data Networking Management 98

Pipefy

OCTOBER 25, 2023

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. Fifty-one percent of all companies surveyed for the PwC 2022 Global Economic and Fraud Survey say they experienced fraud in the past two years, the highest level in PwC’s 20 years of research.

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Innovation Strategy e2e Supply Chain Efficiency 52

IBM Supply Chain Blog

MAY 17, 2023

billion in 2022 to USD 47.38 It promises end-to-end solutions to manage and monitor a fleet of drones, runs inspection missions to capture high-quality data, accesses inspection reports and derives actionable information through AI-driven analytics—all through a single platform.

e2e 76

e2e Real-time Visibility Data Quality 76

Pipefy

MAY 3, 2023

Invoice processing is the process of managing and handling incoming invoices for purchases made on behalf of a business. For example, when an office manager places a wholesale order for kitchen supplies, the company fulfilling the order will issue an invoice after the order is delivered to collect payment.

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e2e Purchase orders Purchasing Suppliers 52

Supply Chain Game Changer

SEPTEMBER 14, 2021

Featuring Our 10 Best Inventory Management Articles! Just In Time was a part of that strategic aspiration and operational design point for our facility, but that vision came to senior management a little too late. Within weeks and months the importance, and fragility, of global Supply Chains was visible to everyone.

Raw materials 81

Raw materials Real-time Visibility Supply Chain Efficiency Supply Chain Optimization 81

Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. Pre Pandemic Inventory Management Priorities. Throughout my career I have had many experiences with managing inventory.

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Inventory Agile and Lean Supply Chain Real-time Visibility Supply Chain Optimization 52