Let's Talk Supply Chain

MARCH 30, 2023

Electronic Data Interchange (EDI) was introduced in the 1960’s to allow businesses to communicate key business transactions such as purchase orders, advanced shipping notices, and invoices electronically instead of via paper providing fewer errors and more efficiencies. Click here!

Agile and Lean Supply Chain 98

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

Supply Chain Game Changer

AUGUST 26, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. would demand its implementation.

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Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

Una

OCTOBER 25, 2022

How to Improve Procurement Efficiency. Procurement was once known for imposing clunky purchasing processes. Procurement professionals are now celebrated for their innovation, creativity, agility, and cost-saving initiatives. 8 Steps to Improve Procurement Efficiency. Establish clear expectations for your supply base.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Supply Chain Efficiency 98

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

SCMDOJO

MARCH 7, 2023

But in case you haven’t come across it yet, let us briefly touch on what it is and its concept regarding supply chain management and what Transactional Process Improvement Kaizen really is. It’s a mechanism used to eliminate waste in lean manufacturing principles. Kaizen is a Japanese term that means “continuous improvement.”

Agile and Lean Supply Chain 111

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 111

Supply Chain Game Changer

JANUARY 21, 2020

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! I started thinking about the Costco Supply Chain. What is it that makes Costco’s Supply Chain so effective? This is a massive source of efficiency.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 84

Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

ivalua

OCTOBER 1, 2019

And it seems that increasingly three topics come to the fore – effectiveness, creativity and agility. . Effectiveness is a better word than “efficiency”, of course. But then we move on to our two other targets – agility and creativity, which define where Procurement needs to go in order to sustain its contribution into the future. .

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Procurement Innovation Supply Chain Efficiency 100

Supply Chain Game Changer

OCTOBER 8, 2019

Subscribe to Supply Chain Game Changer. A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Why Disintermediate the Supply Chain? Subscribe Here! Email Address.

Agile and Lean Supply Chain 63

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Supply chain 63

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Supply chain 52

ivalua

JUNE 17, 2020

Accelerated digital transformation of healthcare supply chains to lower the cost of care and improve patient outcomes now possible. Healthcare providers can quickly deploy tailored best practices and realize rapid benefits, yet maintain the agility required in the highly regulated and evolving healthcare industry. About Ivalua.

Spend management 26

Spend management Agile and Lean Supply Chain Management Supply Chain Optimization 26

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.

Real-time Visibility 77

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 77

Finale Inventory

AUGUST 14, 2024

Hospital supply chain management plays a key role in the efficient operation of healthcare organizations. In an industry where patient care is paramount, having a well-managed supply chain is important for ensuring timely delivery of medical equipment, medications, and other necessary supplies.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Efficiency 52

SCMDOJO

JANUARY 9, 2025

It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. By fostering these relationships, businesses can ensure stable supply chains, consistent quality, and even access to supplier innovations. Click here!

Strategic sourcing 90

Strategic sourcing Strategic sourcing Sourcing Procurement 90

ivalua

FEBRUARY 27, 2023

Manufacturers can off-set the effects of inflation and avoid passing on price increases to their goods and services by maximizing the efficiency and effectiveness of the procurement function. Manufacturers, take charge of your supply chain! Let’s explore further. Doug has a B.S.

Real-time Visibility 130

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

Pipefy

JANUARY 9, 2024

Smart procurement is the use of technology to improve efficiency and help build more agile procurement processes. Smart procurement is the use of advanced technology, such as AI, automation , and RPA to optimize procurement processes and relieve professionals from monotonous tasks in order to achieve greater efficiency.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Procurement Supply Chain Optimization 52

SCMDOJO

OCTOBER 7, 2022

Logistics is the central system that controls physical inventory flow in a supply chain. Similarly, Logistics KPIs indicate the logistics’ total efficiency and direct the managers to carry out operations optimally. Productivity attribute signifies the Logistics’ day-to-day operational efficiency.

Logistics 133

Logistics Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain 133

ivalua

JULY 1, 2021

The tides of suppliers and payments are changing and in order to withstand the tidal waves of change and influx of AP transactions, organizations will need to find agility within their operations. By their nature, gig workers are tech-savvy, looking for real-time payments and payment transparency from contract through payment. .

Supply Chain Efficiency 26

Supply Chain Efficiency Agile and Lean Supply Chain Suppliers Contract 26

Pipefy

JANUARY 31, 2023

Or can the items be purchased from various suppliers based on what’s more cost-efficient? It’s more common for direct procurement to involve rigid purchasing (i.e. This model combines the autonomy of decentralized purchasing and the control of centralized purchasing. no sourcing restrictions).

Purchase orders 59

Purchase orders Purchasing Procurement Quantity 59

Supply Chain Game Changer

JULY 15, 2021

Subscribe to Supply Chain Game Changer. Consumers’ willingness to wait to receive their orders has dwindled significantly in the past half-decade. In this guide, you’ll find everything you need to know about lead time and how to use it to optimize your order fulfillment. Subscribe Here! Email Address. Get Our EBOOK HERE.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Raw materials Supply Chain Optimization Inventory 98

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. Mike Mortson.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

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. So, why are managed procurement services necessary?

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Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 52

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Companies can take them out to upgrade their supply chain infrastructure, such as buying new sorting machines or integrating advanced software.

Supply Chain Optimization 52

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

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Solvoyo

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Accurate and timely reconciliation of purchase orders with receipts.

Agile and Lean Supply Chain 52

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

Finale Inventory

JULY 21, 2024

Running an efficient ecommerce business requires careful planning and effective inventory management. The reorder point represents the inventory level at which you need to initiate a new purchase order. A strategically calculated reorder point also enhances operational efficiency within the supply chain.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Inventory Agile and Lean Supply Chain 52

SCMDOJO

DECEMBER 5, 2024

Optimise Inventory Planning with this Free Inventory Ageing Report Enhance Supply Chain Visibility In Inventory Life Cycle: When we discuss supply chain and inventory life cycle together, one crucial aspect is better visibility, which will allow us to learn more about potential business descriptions and bottlenecks.

Inventory 93

Inventory Management Supply Chain Optimization Supply Chain Efficiency 93

Una

SEPTEMBER 15, 2022

We’re not just here for purchase orders and we’re not just that person who’s there when they flip it over the fence. It could be helping with efficiencies within each department.”. The Challenging State of Procurement and Supply Chain. Leveraging Lean Procurement. asks Chaplin. Get new resources weekly!

Procurement 98

Procurement Agile and Lean Supply Chain Purchasing Sourcing 98

Arkestro

JANUARY 4, 2023

Among them were supply chain disruptions , inflation, and supply scarcity and shortages. The talent shortage in procurement and supply chain is nothing new: it’s been going on for several years now. The Supply Chain Will Continue to Heal. In 2022, procurement faced challenges on multiple fronts.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

ivalua

AUGUST 5, 2020

Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. The solution is to follow the top performers and focus on supplier adoption, smart matching and introduce the agile methodology of continuous improvement.

supply chain software solutions 130

supply chain software solutions Real-time Visibility Networking Suppliers 130

Supply Chain Trend

APRIL 5, 2021

We now have automated production facilities, warehouses, and transport in our physical supply chain. With robotic process automation (RPA), it entered the back office to simplify repetitive tasks like invoice matching or purchase-order creation and acceptance. Their algorithms need to be transparent, a glass box.

Supply Chain Efficiency 92

Supply Chain Efficiency Agile and Lean Supply Chain Data Collaboration 92

Skill Dynamics

DECEMBER 18, 2024

Inconsistencies between purchase orders and invoices are another thing to watch for. Finally, a general lack of transparency in the documentation or decision-making process should grab your attention, as it may indicate attempts to conceal fraudulent activities. This enhances productivity and reduces operational costs.

Risk 52

Risk Strategy Supply Chain Efficiency Procurement 52

Pipefy

JANUARY 30, 2024

Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before. Purchase orders.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Pipefy

MARCH 6, 2023

Supply chain interruptions, worker shortages, and rising inflation costs that emerged with the pandemic have forever changed the economic landscape. By pivoting the focus to operational efficiency, these companies survived — and some even thrived — in severe market downturns.

Supply Chain Efficiency 52

Supply Chain Efficiency Strategy supply chain budgeting Supply Chain Optimization 52

Finale Inventory

AUGUST 20, 2024

Better management can lead to improved profitability, greater customer satisfaction , and enhanced operational efficiency. It demands a thorough understanding of market trends, customer behavior, and supply chain dynamics. Efficient order fulfillment is the final challenge.

Inventory 52

Inventory Supply Chain Efficiency Real-time Visibility Inventory control 52

ivalua

SEPTEMBER 24, 2020

Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. However, it is easy to forget that an Invoice is simply a payment request, and therefore it’s the job of technology to make this easy, fast and more efficient – for the Supplier and the Accounts Payable team.

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

Jaggaer

DECEMBER 13, 2024

Understanding P2P: The Core of Effective Procurement The procure -to-pay (P2P) process drives purchasing efficiency for organizations of all sizes, covering every stage from initial requisition to final payment. A user-friendly, cloud based P2P system ensures adoption and fosters company-wide visibility and efficiency.

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