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Agile and Lean Supply Chain Influencing Real-time Visibility 
Procurement Tactics
MARCH 27, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?
SCMDOJO
MARCH 19, 2024
Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Each of these experiences damages the customer relationship.
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ivalua
MAY 30, 2022
As the demands on supply chains continue to increase, so do the expectations of consumers. Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.
SCMDOJO
JANUARY 29, 2025
Supply chain reports offer a comprehensive view of your entire supply chain operation. What are Supply Chain Reports? However, identifying and addressing slow-moving and obsolete inventory is necessary to prevent capital from being tied up in unproductive assets.
Supply Chain Game Changer
JULY 27, 2021
Subscribe to Supply Chain Game Changer. The Parallel Supply Chain … A Twilight Zone Strategy? Since the Coronavirus pandemic exposed the fragility of the global Supply Chain , everywhere you look you see the word “resilience” being used as the latest buzz word. Get Our EBOOK HERE.
SCMDOJO
DECEMBER 28, 2023
In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.
ivalua
MARCH 28, 2019
The huge growth in the use of technology has been the most visible part of that developing picture. Professionalisation of the function, logic and analysis has also extended into other areas, with a growth in relevant qualifications, all the way through to procurement and supply chain MBAs and even Doctorates.
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Let's Talk Supply Chain
JULY 27, 2022
With a decade hallmarked so far by constant disruption, consumers are more aware of supply chain and how industry shortages , the gender gap in supply chain, and climate events impact their daily lives and local communities. A term that once only resonated with industry insiders is everywhere.
IBM Supply Chain Blog
NOVEMBER 3, 2022
If you haven’t been thinking about these questions, the time to start is now. Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. But the supply chain doesn’t end when the product hits the market, and neither does supply chain sustainability.
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.
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.
Supply Chain Game Changer
SEPTEMBER 17, 2019
Subscribe to Supply Chain Game Changer. Imagining the Supply Chain of the Future! Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This article was posted on Oracle’s Supply Chain Management blog. Email Address.
IBM Supply Chain Blog
FEBRUARY 26, 2024
This week, as thousands of network operators, technology vendors, and mobile device providers from all over the world converge on Barcelona for Mobile World Congress , it’s the perfect time to discuss how IBM® is shaping the future of network operations and telecommunications. The telecom industry is no exception.
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Solvoyo
MARCH 5, 2021
Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. .
Jaggaer
OCTOBER 24, 2024
Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.
Supply Chain Game Changer
SEPTEMBER 21, 2021
Subscribe to Supply Chain Game Changer. Is Just In Time Past Its Time? 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. Subscribe Here!
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IBM Supply Chain Blog
MARCH 30, 2023
In the wake of the pandemic and global supply chain issues, businesses have realized the importance of technology innovation to deliver truly superior retail customer experiences. But without real-time reliable views of inventory, shipments and automated order orchestration processes, retailers are unable to deliver on order promises.
Pipefy
JANUARY 30, 2024
Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. To do any of these effectively, they need the right procurement technology.
Empowering CPO
JUNE 30, 2023
Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. The aim is not only to streamline operations but also to extract maximum value from every link in the supply chain. But what exactly does it entail?
Supply Chain Game Changer
APRIL 16, 2019
Subscribe to Supply Chain Game Changer. The Supply Chain Detective™: The Mystery of the Prima Donna Boss! It was another case for the Supply Chain Detective™! There was no indication that there was a problem with cash flow at that time. The strain and drain on cash was real, imminent, and alarming.
IBM Supply Chain Blog
MAY 6, 2024
While the overall clinical trial termination rate has decreased over time, low accrual rates within trials remain the most common termination reason. The number of first-time clinical investigators has declined, especially among non-US based investigators. Ensuring early assumptions resonate with real-world execution is paramount.
Finale Inventory
JULY 1, 2024
Are you interested in learning about the world of the F&B supply chain? In this article, we will walk you through the basics, key components, role of inventory management, challenges, and technological innovations in the F&B supply chain.
Finale Inventory
SEPTEMBER 25, 2024
Lead time refers to the amount of time it takes for a product to go from the initial order placement to its final delivery to the customer. In ecommerce, understanding lead time is key for efficient inventory management and customer satisfaction. Firstly, it directly impacts inventory management.
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Arkestro
MAY 30, 2022
At the same time, digital acceleration and the need for agility have expanded the role of procurement and finance from cost-management functions to broader champions of risk management, strategic decision making, and business agility.”. . Failure resulted in highly visible shortages, public scrutiny, and loss of life.
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. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.
Finale Inventory
AUGUST 20, 2024
What does effective inventory management involve? It demands a thorough understanding of market trends, customer behavior, and supply chain dynamics. This includes analyzing data, implementing forecasting models, and using technology to optimize inventory levels. It requires more than tracking stock levels.
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Supply Chain Game Changer
JANUARY 30, 2020
Subscribe to Supply Chain Game Changer. World Class Inventory Turnover Breakthrough Elements! “We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, Supply/Demand Planning.
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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. Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation. Among those executives in finance, the percentage rose to 67%.
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Finale Inventory
JULY 25, 2024
Effective inventory management also affects operational efficiency. By using data analytics and forecasting tools, online retailers can optimize inventory levels, shorten shipping times, and enhance order fulfillment processes. Ensuring Smooth Operations Efficient inventory management supports smooth operations.
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Supply Chain Game Changer
FEBRUARY 9, 2022
Subscribe to Supply Chain Game Changer. 7 Reasons to Switch to Agile Project Management! Once treated as an “add-on” to full-time commitments, project management has evolved into a separate area with its theoretical background and methods. Subscribe Here! Email Address. Project management has different definitions.
Spend Matters
OCTOBER 4, 2024
As Spend Matters analysts we attended a mini analyst summit which helped free up time for us to talk to fellow attendees during the day’s event. Zip also hosted panels, Q&A sessions and more with various procurement and finance leaders from Prudential, Pixar, Arm, Coinbase and others.
Arkestro
JUNE 6, 2023
Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget. Purchases in Time and Budget: How many purchases are on budget and on time? Procurement Cost Reduction: How are costs being reduced over time? Emergency Purchase Ratio: How many unplanned purchases are being made?
World of Procurement blog
APRIL 23, 2024
In today's competitive business environment, procurement isn't just a necessity; it's a strategic function that can significantly influence a company’s bottom line. Businesses leverage procurement technology for: Automating Manual Processes: From issuing purchase orders to processing invoices, automation reduces errors and saves time.
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Empowering CPO
JUNE 26, 2023
From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.
Procurement Software
APRIL 18, 2023
These negotiations take place in real time, with all prospective suppliers at once. This saves buyers not only money, but hours of conversation time. Live, and within an allotted time period, suppliers lower their prices against the nearest competitor in order to win your business.
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Supply Chain Game Changer
NOVEMBER 16, 2018
“We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly. Supply/Demand Planning. (Infographic).
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Procurement Software
MARCH 11, 2022
And therein lies the problem of getting procurement to have a bigger influence on companies’ bottom line. Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard.
Procurement Software
MARCH 11, 2022
And therein lies the problem of getting procurement to have a bigger influence on companies’ bottom line. Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard.
World of Procurement blog
MAY 23, 2024
To mitigate supply chain risks and improve business continuity by reducing dependence on many small suppliers. Working closely with fewer suppliers also enhances supply chain transparency and resilience. Delivery performance - Measure on-time delivery rates and lead times for each supplier.
Empowering CPO
JUNE 27, 2023
Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility. Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities.
Empowering CPO
MAY 6, 2023
As global supply chains become more complex and interconnected, procurement professionals play a critical role in ensuring businesses remain competitive and resilient. Predictive analytics, for instance, allows procurement professionals to forecast demand, identify potential supply chain disruptions, and optimize inventory levels.
Finale Inventory
JULY 17, 2024
By investing time and resources into merchandise planning, ecommerce businesses can set themselves up for success in a highly competitive market. Effective demand forecasting allows businesses to avoid stockouts, allocate resources efficiently, and optimize inventory levels. But it doesn’t stop there.
Supply Chain Trend
JULY 28, 2018
Ask them to actively display their behaviours and influence other leaders to follow these behaviours. A coach could help with time management or help to deal with the pressure. Their thinking and behaving will be influenced by their need to protect themselves against basic S&OP principles. Level 1 resistance is the easiest.
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Empowering CPO
JUNE 14, 2023
It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.
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