SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

ivalua

MARCH 9, 2023

Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management). Contract Management: The piece that connects the upstream and the downstream, where value starts being captured.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

IBM Supply Chain Blog

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Una

APRIL 18, 2023

By Hugo Britt | April 20, 2023 Search Welcome to Una’s Pain Points in Procurement series. Are we heading for a recession in 2023? This will only make matters worse, as a supplier bankruptcy will disrupt your supply chain. This will help reduce costs and improve the financial stability of your organization.

Risk 98

Risk Procurement supply chain budgeting Supply Chain Optimization 98

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. between 2018–2023 (MarketWatch 2020). Subscribe Here! Email Address. It’s time to air our dirty laundry.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Zycus Cognitive Procurement

JANUARY 24, 2023

However, as 2023 starts, CPOs have a new range of challenges to tackle, such as soaring inflation and a looming recession. So, the question remains: What are the key challenges and agenda items for procurement leaders in 2023, and how will they adapt to these challenges?

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Arkestro

JANUARY 23, 2024

from 2023 to 2030. Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. Some procurement managers gain a competitive advantage by earning a master’s degree on top of a bachelor’s degree.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing supply chain budgeting Real-time Visibility 52

Spend Matters

MAY 22, 2024

You have a supplier onboarding process, a contract management process, a P2P process and spend data analytics. Similarly for contract management: ‘When is the contract expiring? And for spend: ‘What is my spend with certain supplies? applies more than GenAI. Those make up the very classic activities.

Procurement 111

Procurement Data supply chain software solutions Contract 111

Zycus Cognitive Procurement

JANUARY 31, 2023

5 Benefits of Effective Supplier Relationship Management Companies with advanced supplier relationship management capabilities tend to outperform their peers. Reduced costs: Effective supplier relationship management brings a range of benefits to businesses.

Supplier relationship management 40

Supplier relationship management Suppliers Management Supply Chain Efficiency 40

Let's Talk Supply Chain

NOVEMBER 10, 2022

This time, we’ll be putting the spotlight on their Carrier Management Suite and taking a closer look at how it can help you to take a proactive approach to contract management, from ensuring compliance and negotiating rates, to controlling spend and improving relationships. 29.28] Predictions for 2023.

Contract management 52

Contract management Contract Supply Chain Efficiency Data 52

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. Here are just a few ways manufacturing procurement teams can leverage AI and automation tools this year: Minimize supply chain disruptions.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Software

APRIL 23, 2024

Mithra-AI’s innovative approach was recognised in 2023 when Spend Matters included them in their Future 5 list, highlighting the startup as one of the top five global innovative procurement startups. based company, offers a self-service spend analysis software that revolutionises the way businesses manage and analyse their spending.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

Barkers Procurement

FEBRUARY 25, 2024

2023 was tough. In parallel, it will also look at its expenditure meaning it is frequently the case that the Procurement function will be asked to commit incremental cost reduction to that which has already been budgeted, without the luxury of knowing its method of delivery.

Procurement 52

Procurement supply chain software solutions Contract supply chain budgeting 52

Spend Matters

JUNE 19, 2023

Why buy a Spend Analytics solution Spend analytics helps generate business-relevant spending insights across internal spenders and the supply base by leveraging historic and predictive datasets across the enterprise. Additionally, top performers advance knowledge management via AL/ML or advanced algorithms.

Real-time Visibility 98

Real-time Visibility Data e2e Quality 98