Procurement Tactics

DECEMBER 21, 2022

33 Procurement Interview Questions in 2023. Financial Supply Chain — The Ultimate Guide of 2023. After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Ultimate Supplier Plotting Checklist 2023. Download Whitepaper →. .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Spend Matters

AUGUST 28, 2023

At the same time, the importance and criticality of services spend for organizations hasn’t shrunk (on the contrary …) nor the need to address typical challenges and hurdles inherent to complex service categories: inefficient processes, lack of control and low spend visibility. This content is for members only.

e2e 98

e2e Sourcing Real-time Visibility Contract 98

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Every supplier will be forced to send Government approved invoices to their clients.

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

ivalua

JUNE 29, 2022

One of the UK’s net zero pledges requires listed UK businesses to release public plans for reaching climate change targets by 2023. The new Ivalua 2021 Supplier Sustainability Report surveys suppliers across the UK, France, Germany and Switzerland, examining how collaboration can boost environmental initiatives.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

ivalua

DECEMBER 3, 2021

One of the UK’s net zero pledges requires listed UK businesses to release public plans for reaching climate change targets by 2023. The new Ivalua 2021 Supplier Sustainability Report surveys suppliers across the UK, France, Germany and Switzerland, examining how collaboration can boost environmental initiatives.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Procurement Insights

APRIL 3, 2025

Emphasizes cross-industry collaboration , with themes like AI, sustainability, and supplier diversity. Global Reach, Real Impact Participants and speakers come from over 50 countries. Startup Acceleration & Visibility Provides a springboard for companies like Cirtuo, DeepStream, Archlet, Kodiak Hub , and ORO Labs.

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Procurement Heads

FEBRUARY 8, 2023

Currently, wholesale gas and electricity prices have been fixed for firms from October until March 2023, but the help is under review due to the cost. One of the common themes I’m hearing from large organisations is that they are finding a lack of visibility looking ahead for energy spend.

Real-time Visibility 130

Real-time Visibility Price Negotiation Sourcing 130

SCMDOJO

DECEMBER 28, 2023

This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. Limited Visibility: These supply chains have restricted visibility, with real-time information being scarce.

Supply Chain Efficiency 98

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

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

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

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 20, 2023

As the risks that trigger supply disruptions, regulatory non-compliance and missed corporate objectives continue to gain visibility, an ‘eyes wide open’ attitude towards supplier risk assessment and mitigation strategies has become imperative to improve operational resilience. And so it should.

Risk 98

Risk supply chain software solutions Risk management Real-time Visibility 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

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Geopolitical manipulation on suppliers worldwide adds to the pressure. To do so, we need to get creative and curious.”

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent. Poor forecasting brings a high risk of stockouts or excess and obsolete stock.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent. Increased supply chain visibility. Supply chain issues.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 52

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

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

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). Supplier Master Files have changed, he said. So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 111

Procurement strategies Innovation Strategy Procurement 111

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. Who are the key suppliers ?

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

Una

APRIL 27, 2023

By Hugo Britt | April 27, 2023 Search Welcome to Una’s Pain Points in Procurement series. Delaying procurement involvement can be problematic because it increases the risk of selecting a supplier that is non-compliant, carries reputational risk, or is poor value for money. Then there’s the compliance angle.

Procurement 98

Procurement Real-time Visibility Purchasing Risk 98

Spend Matters

JUNE 19, 2023

They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 98

Procurement solutions Procurement supply chain budgeting Real-time Visibility 98

Spend Matters

JUNE 19, 2023

Spend Analytics solutions provide a single view into all historic, current and planned supplier spending in order to improve that spending through better sourcing, compliance and demand management. The top vendors extend the analytics schema to also support predictive data analysis, AI/ML models or real-time visibility across many systems.

Real-time Visibility 98

Real-time Visibility Data e2e Quality 98

SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 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

SCMDOJO

JULY 7, 2023

Furthermore, the company aims to establish an exclusive charging network across the United States and Canada by the end of 2023. Late changes to the design of the vehicles, such as the headlights, caused disruptions in the supplier base and necessitated costly tooling changes.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 105

Spend Matters

JUNE 19, 2023

I have seen top performers with catalog content that includes volume/promotional pricing, real-time price checks, multi-currency, multilingual and custom or specialty attributes for industry-specific inventory data, which were also embedded into shopping lists and more.

Procurement 98

Procurement Real-time Visibility Purchasing Inventory 98

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Spend Matters

JUNE 19, 2023

Contract lifecycle management solutions are systems that automate the authoring, negotiation, execution, implementation, monitoring and renewal of B2B contracts (with an emphasis on supplier contracts). Contract drafting The ability to quickly compare and draft effective contracts based on approved clauses/provisions that meet business needs.

Contract 103

Contract Management Negotiation Real-time Visibility 103

Procurement Insights

NOVEMBER 17, 2023

What is the difference between the following excerpts from the 2009 article and the 2023 LinkedIn post comment : 2009 ARTICLE “Here’s another real-world example of how a little break in a supply line can have a big impact. Blame it on kanban, the just-in-time philosophy of keeping as little inventory on hand as possible.”

Real-time Visibility 53

Real-time Visibility Inventory Collaboration Supply chain 53

Spend Matters

JUNE 19, 2023

Why buy AP Automation/Invoice-to-Pay solutions The process of capturing and validating supplier invoices carries a high burden of manual work, which can introduce errors and cause delays. Supplier collaboration workspace The ability of a supplier collaboration workspace or portal to enable suppliers to engage within a buyer’s process (e.g.,

Buyers 97

Buyers Collaboration Agile and Lean Supply Chain Suppliers 97

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

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