SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels.

Supply Chain Efficiency 98

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

Una

APRIL 27, 2023

Pain Points in Procurement Series The Consequences of Getting Procurement Involved Too Late Avoid getting procurement involved too late in the purchasing process. By Hugo Britt | April 27, 2023 Search Welcome to Una’s Pain Points in Procurement series. A poor purchasing decision is like a house on fire; expensive and destructive.

Procurement 98

Procurement Real-time Visibility Purchasing Risk 98

Pipefy

JANUARY 9, 2023

2023 will serve as a chance to reset, rebuild, and forge a path forward by implementing technology that delivers process excellence, drives innovation, and empowers procurement teams to do more despite fewer resources. . 5 procurement trends for 2023. Among global workers, stress has (once again) reached an all-time high.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Spend Matters

MAY 8, 2023

As announced at the recent Inspire 2023 conference, Coupa is introducing several new products to address industry gaps in direct spend management as part of its vision to become a comprehensive spend management platform (which for direct also means a supply management platform). Coupa is not releasing all of the above at the same time.

Spend management 102

Spend management Management Real-time Visibility Collaboration 102

Una

MAY 11, 2023

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Build a team Once you’ve identified your goals and stakeholders, it’s time to start building your team.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

Una

JANUARY 17, 2023

By Hugo Britt | January 17, 2023. Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

SCMDOJO

APRIL 4, 2023

When it comes to managing a supply chain, having access to real-time data can be a game-changer. Read More: 10 Must-Read Supply Chain Analytics Books for 2023 ] The benefits of SCM analytics are numerous. This can result in faster delivery times and improved customer satisfaction.

Supply Chain Analytics 111

Supply Chain Analytics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 111

Procurement Tactics

JUNE 26, 2023

Thus, the dropshipping business is still lucrative in 2023 and in the coming years as it drives revenue and profitability to vendors and retailers. Social Media Trends Instagram, TikTok, Facebook, and Pinterest are the best channels that offer real-time trending products to sell. Here are the top 3 tips: 1. One word AMAZING!!!!

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Spend Matters

DECEMBER 21, 2023

Procurement needs to think AI-first in 2024 and beyond The generative AI wave of 2023 truly brought us into the AI economy, with companies realizing how advances in AI have the potential to transform key processes and workflows that underpin how they operate and generate value.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

Spend Matters

JUNE 19, 2023

A Procure-to-Pay (P2P) solution is a combination of the e-procurement and AP Automation/I2P markets spanning the procurement process, including automation of purchase requisitions/orders, receipts, invoices, payments and financing. What does a Procure-to-Pay solution do? Top performing vendors have more options to create catalogs (e.g.,

Procurement 98

Procurement Real-time Visibility Purchasing Inventory 98

IBM Supply Chain Blog

FEBRUARY 19, 2024

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

Spend Matters

JUNE 19, 2023

E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. What does an E-Procurement solution do?

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

Supply Chain Game Changer

NOVEMBER 1, 2022

It’s that time of year. As such I knew that they had enormous purchasing power with the suppliers as well as being recognized sources of supply by millions of customers. Manufacturers should very easily, and proactively, see in historical demand patterns that demand would start to spike at this time of year. Email Address.

Real-time Visibility 98

Real-time Visibility Supply chain Demand Supply 98

Spend Matters

JUNE 19, 2023

Click to enlarge The average vendor can use its analytics schema to go beyond deriving reports from transactional purchasing and invoicing data to provide deeper quantitative insights on the data, including performance modeling (e.g., normalizing/enhancing spend data for benchmarking), causal factor analysis (i.e.,

Real-time Visibility 98

Real-time Visibility Data e2e Quality 98

Una

APRIL 11, 2023

By Eric Edwards | April 11, 2023 Search In the world of business software applications, few are bigger and more expansive than enterprise resource planning applications, also known as “ERP” systems. They also typically provide analytics and reporting tools that allow managers to monitor performance and make data-driven decisions in real time.

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

TYA Suite

MAY 14, 2023

At this point, purchase managers must prioritise maximising procurement ROI. Total Paper Check Payments And Cost Per Payment: This includes every staff member's time spent doing check runs and handling returned checks. Reviews, invoices, and purchase orders all include a trial period. Customer satisfaction rises as a result.

Procurement 52

Procurement Real-time Visibility Purchase orders Purchasing 52

Let's Talk Supply Chain

JULY 9, 2023

Operating in over 40 countries worldwide, SEKO lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information to deliver their growing customer base true supply chain visibility. It’s about visibility, it’s about the experience.” You can increase your conversion by providing more options!”

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

Spend Matters

JUNE 19, 2023

They also improve access to contract information and drive more effective and timely purchasing decisions through the re-use of information to create contract terms and notifications of when to take critical actions. Click to enlarge Central to the typical Contract Lifecycle Management experience is the contract drafting process.

Contract 103

Contract Management Negotiation Real-time Visibility 103

Procurement Insights

OCTOBER 20, 2023

At the time, it was as much whimsy as it was reasonable contemplation. I say reasonable because that was the time when many people started asking the question, “Why can’t buying at work be as easy as it is at home on Amazon? It is through this up-to-date lens that I invite you to read and consider the 2014 post.

Buyers 78

Buyers Real-time Visibility Eprocurement Procurement 78

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

Una

OCTOBER 17, 2023

By Hugo Britt | October 17, 2023 Search Search “Hey, Procurement?” “Yes, Dave?” “Contact Supplier X’s chatbot and see if you can negotiate a 15-day increase on payment terms for all products.” 24/7 Support Chatbots are available round the clock to assist users with their purchasing requests and inquiries. Sure, Dave.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Supply Chain Optimization 52

Let's Talk Supply Chain

OCTOBER 3, 2022

Powered by their innovative and customizable IT solutions, SEKO provide a seamless flow of information, giving their ever-growing customer base true supply chain visibility. There’s an ecosystem out there, and we should all leverage it… it’s so important to partner with, and purchase from, best-in-class providers.

Demand 52

Demand Real-time Visibility Agile and Lean Supply Chain Supply Chain Visibility 52

Pipefy

OCTOBER 24, 2023

For all industries and companies of all sizes, purchasing plays a critical role in helping teams operate effectively. This process is fundamental for increasing efficiency, saving money, and mitigating risks — and the impact of a broken purchase process is too costly to ignore.

Real-time Visibility 52

Real-time Visibility e2e Procurement Procurement team 52

Una

SEPTEMBER 11, 2023

By Hugo Britt | September 12, 2023 Search Search You’re a procurement professional keen to exploring the benefits of working with a group purchasing organization. Concern #1: Loss of control Rebuttal: “Working with a group purchasing organization doesn’t mean relinquishing control over procurement decisions.

Real-time Visibility 52

Real-time Visibility Purchasing Suppliers Supplier relationship management 52

Procurement Software

JUNE 4, 2024

This exciting trend persuaded us that it’s about time we featured an article on these procurement tools specifically. For this list, we looked at procurement software that focuses on either direct materials or purchased parts. This focus helps in eliminating manual errors and ensuring the timely delivery of materials.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. market will have to be fully compliant with product tracing requirements (which were phased in starting in 2015) by 2023.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Software

APRIL 23, 2024

Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. What sets Mithra-AI apart is its real-time, continuous visibility of spend data, coupled with proactive alerts for opportunities and risks.

supply chain software solutions 52

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

IBM Supply Chain Blog

MARCH 20, 2023

Meeting these demands requires creating seamless and secure customer journeys built on real-time insights and data. With 90% of car purchases starting online, Audi UK, needed to reimagine its digital experiences to complement the customer journey from initial inquiry to ownership.

Real-time Visibility 56

Real-time Visibility e2e Demand Data 56

IBM Supply Chain Blog

AUGUST 11, 2023

trillion in 2023, an increase of 5.5% Or they could migrate all of their data to one cloud provider and find out that there were long stretches of time where they were only using a fraction of their cloud footprint, yet were paying for the entire thing. And technology budgets are rising commensurate to this new reality.

Import 74

Import Management Budget Real-time Visibility 74

IBM Supply Chain Blog

MARCH 16, 2023

France has been a first-mover with French Decree 2022-748 AGEC , which stipulates that brands selling in France as of January 2023 must include point-of-sale labelling with detailed and verified information about reparability, recyclability, sustainability, traceability and more.

Supply Chain Efficiency 56

Supply Chain Efficiency Sustainability Raw materials Real-time Visibility 56

Pipefy

JULY 24, 2024

Nearly half of respondents to a 2023 Salesforce study reported that they have used generative AI; over one-third use it daily. In 2023, a study found that the AI market was valued at 196.63B, largely due to the technology’s ability to analyze historical data very quickly. Few businesses make full use of AI technology, however.

Supply Chain Optimization 52

Supply Chain Optimization Real-time Visibility e2e Supply Chain Efficiency 52

Una

JULY 25, 2023

By Hugo Britt | July 25, 2023 Search Search It’s always interesting to discover which articles on a blog drive the most engagement. The first three KPIs we suggest every procurement team should monitor are: Defect rates Lead time Contract compliance Can you guess what the other four KPIs will be? Does every purchase require an audit?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Procurement Category management 52

Finale Inventory

FEBRUARY 27, 2024

Scanning a label takes a fraction of the time needed to jot down even the briefest of details – and items are immediately visible in your online system with full product details available. Cycle counting is the practice of counting a rotating subset of your inventory on a regular, frequent basis. Adopt continuous cycle counts.

Inventory 52

Inventory Management Real-time Visibility e2e 52

Una

OCTOBER 31, 2023

By Hugo Britt | October 31, 2023 Search Search You know how kids sometimes resist trying new foods, even if they turn out to be delicious? To fear change is human but thankfully, there are ways to make your procurement changes desirable to stakeholders so that when the time comes you're not met with resistance.

Change management 52

Change management Management Procurement Leadership 52

Positive Purchasing

JULY 26, 2023

Jonathan O’Brien , CEO of Positive Purchasing , author, and global procurement thought leader, outlines an effective approach to creating a road map for embedding a sustainable procurement initiative in your business. Here it is – take some time to look at it and how it flows, then read on. To do this you need a plan.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 5, 2024

They offer app developers on-demand scalability and faster time-to-benefit for new features and software updates. Broadly speaking, application analytics refers to the process of collecting application data and performing real-time analysis of SaaS, mobile, desktop and web application performance and usage data.

Real-time Visibility 79

Real-time Visibility Data Networking Quantity 79

Procurement Insights

FEBRUARY 26, 2025

Back then, he used an algorithm-based platform to forecast demand, optimize inventory, and sync with suppliers for MRO parts. accuracy) came from quickly connecting data “strands” (usage, pricing, lead times) to act decisively. Velocity Procurement might use pre-vetted supplier pools, real-time data feeds (e.g.,

Agile and Lean Supply Chain 83

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Optimization 83