SCMDOJO

DECEMBER 11, 2023

Inventory Ageing Report: An “Inventory Ageing Report” is a specialized procurement report that provides a detailed analysis of the age distribution of goods or materials held in an organization’s inventory. Date of Entry: Records the date when each item entered the inventory. Download Free GRN Report 6.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Let's Talk Supply Chain

MARCH 5, 2025

In a bid to turn the tide on a recent sales slump, Advance Auto Parts is embarking on a bold initiative to revamp its supply chain. This strategic shift involves leveraging advanced technology to optimize inventory management, enhance‍ order fulfillment processes, ‍and improve product availability.

Agile and Lean Supply Chain 52

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

Jaggaer

DECEMBER 5, 2024

While companies have robust visibility over their inventory and warehousing (99%), this drops to a stark 20% when it comes to their deeper supplier networks. By analyzing patterns in supplier performance, inventory levels, and delivery timelines, procurement teams can anticipate disruptions, optimize stock levels, and reduce waste. 3.

Supply Chain Efficiency 52

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

Finale Inventory

JUNE 24, 2024

Inventory management is a critical aspect of running a successful ecommerce business. It involves keeping track of all the products you have in stock, ensuring their availability for customers, and optimizing your inventory levels to meet customer demands.

Inventory 52

Inventory supply chain software solutions Management Supply Chain Optimization 52

Finale Inventory

JULY 26, 2024

In the fast-paced ecommerce sector, efficient parts inventory management is vital for smooth operations and ensuring customer satisfaction. Finale Inventory helps you take control of your inventory and streamline your processes. Accurately forecasting demand is one of the major challenges in parts inventory management.

Inventory 52

Inventory Supply Chain Efficiency Strategy Management 52

Procurement Tactics

NOVEMBER 16, 2022

As Amazon digitized its procurement, it is building a system that will automatically evaluate responses, solicit bids, and generate contracts. Individual sellers, businesses, and manufacturers sell their inventory to Amazon at wholesale rates. This allows Amazon to control the flow of its inventory. .

Procurement 184

Procurement Inventory Bidding Suppliers 184

ivalua

JULY 11, 2022

Automated Bid & Buy: Empower users to conduct simple and automated spot bids from within a purchase requisition. Inventory Efficiency: Improve visibility into stock and process efficiency by defining a distribution scope for each storage location. . Procure-to-Pay.

Supply chain resilience 130

Supply chain resilience Collaboration Supply Chain Efficiency supply chain budgeting 130

EazyStock

AUGUST 28, 2023

When it comes to inventory management, relying on gut feelings and historical data may lead to inefficiencies, missed opportunities and incorrect inventory levels. When combined with manual inventory management processes, you increase the risk of human errors, which can culminate in stockouts and overstocking. Don’t worry!

Real-time Visibility 52

Real-time Visibility Inventory Data Management 52

Supply Chain Game Changer

AUGUST 17, 2021

Consider for just a moment trying to communicate with someone in China who speaks very little English yet had the lowest and most cost-effective bid on the parts they will manufacture. Stockpile the Most In-demand Inventory. In the realm of manufacturing, communications can be a major setback.

Supply chain 105

Supply chain Supply Inventory Bidding 105

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

ivalua

NOVEMBER 29, 2021

Spot Bids: Promoting this as an option to employees will help ensure that Procurement gets involved but also that employees are not waiting for a long sourcing event to take place, its done in a matter of days. Are there any recurring purchases? Is tail spend concentrated in any particular category? Some other things that can help include: .

Buyers 130

Buyers Real-time Visibility Purchasing Spend management 130

Let's Talk Supply Chain

MARCH 17, 2025

The demand is still soft compared to previous years and typical peak environments, and cost of spending and inventory corrections all made it tough. Q1 is now fascinating because its bid season… You have a lot of carriers and logistic providers out there that are still in scramble and stay-alive mode. Q4 was a dogfight.

Logistics 52

Logistics Supply Chain Optimization Supply Chain Efficiency supply chain budgeting 52

Procurement Tactics

AUGUST 30, 2022

When electronic procurement is implemented properly, it opens the lines of communication between the organization and the supplier by creating a link and facilitating interactions like bids, emails, and purchase orders. . Enhance inventory control.

Procurement 130

Procurement Supply Chain Efficiency Purchasing supply chain software solutions 130

Supply Chain Game Changer

OCTOBER 24, 2022

In most cases, it refers to inventory problems that occur due to miscommunication between organizations in a supply chain. For example, when one organization changes inventory, the suppliers may be unaware of the changes and hold onto more inventory than necessary. The Link Between ERP and the Bullwhip Effect.

Real-time Visibility 76

Real-time Visibility supply chain budgeting supply chain software solutions Inventory 76

Spend Matters

JULY 25, 2022

One of my goals at the event was to better assess the firm’s progress in managing supply chain spending more deeply beyond direct P2P transactional support (even if its current customer penetration in direct is undoubtedly low relative to indirect spend) and its strong e-sourcing support for complex bidding events (e.g.,

Spend management 98

Spend management Supply Chain Optimization Supply chain management Supply chain management 98

Procurement Insights

MARCH 27, 2025

AdaptOne Solution: Automates purchase requisitions , bid collection , vendor approvals , and contract execution Routes tasks and approvals based on custom workflows Supports both direct (ingredients, materials) and indirect spend categories Impact: Increased speed, fewer errors, lower administrative overhead.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

SCMDOJO

OCTOBER 3, 2024

Inventory management : Learning to balance stock levels to meet demand without overstocking. Otherwise, communication problems can cause inventory shortages, reduce supply, or spoil material quality. You might need to order inventory from one supplier, collect bids from another, and track customer sales through a third service.

Supply Chain Efficiency 98

Supply Chain Efficiency supply chain software solutions Supply chain Supply chain management 98

Arkestro

DECEMBER 26, 2024

E-procurement implementation creates a direct connection between the supplier and buyer, helping to optimize business-to-business (B2B) and business-to-consumer (B2C) processes like emails, data entry, invoice management, purchase orders, and bids.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Procurement Insights

MARCH 25, 2025

AdaptOne Solution: Automates purchase requisitions , bid collection , vendor approvals , and contract execution Routes tasks and approvals based on custom workflows Supports both direct (ingredients, materials) and indirect spend categories Impact: Increased speed, fewer errors, lower administrative overhead.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

TYA Suite

OCTOBER 27, 2024

With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. This integration helps in optimizing inventory, reducing excess stock, and avoiding shortages. is crucial for maintaining strong vendor partnerships.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Value Match

APRIL 8, 2024

By integrating scope 3 emissions into their GHG inventory, companies can gain a holistic understanding of their environmental impact, enabling them to implement effective strategies to manage, reduce, and report these emissions.

Bidding 52

Bidding Procurement strategies Inventory Contract 52

Procurement Tactics

JULY 13, 2022

The contracting phase happens when the procurement department is done evaluating supplier bids based on price, quality, and value. . Additionally, this function must keep track of all the records of transactions and the inventory to ensure a smooth flow of the process. . Contracting. Compliance with protocols.

Procurement 130

Procurement supply chain budgeting Negotiation supply chain software solutions 130

Supply Chain Game Changer

SEPTEMBER 22, 2022

Then, the suppliers submit their bids and the company decides which one to hire. High-quality procurement software can be used for everything from Inventory management to budgeting. It all begins with market research to determine what products or services your company needs. Spend Visibility.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

Procurement Insights

SEPTEMBER 15, 2023

If, for whatever reason, the inventory was not available at that location, then, within seconds, mind you, recalculate a secondary and then, if required, tertiary selection of SSL locations to fulfill the order. The suppliers would then respond within the appointed time with their bid. and select the best value source at that time.

Buyers 75

Buyers supply chain software solutions Bidding Quality 75

TYA Suite

JANUARY 27, 2025

A helps real estate companies maintain optimal inventory levels by providing real-time visibility into stock levels and usage patterns. The system can generate alerts when inventory levels fall below predefined thresholds, allowing companies to reorder materials in a timely manner and avoid project delays.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Pipefy

FEBRUARY 13, 2023

Purchasing then commences, including bid evaluations, contract negotiation, and the final sale. In this stage of the process, multiple departments collaborate to address capability requirements, design, technology, and, most importantly, time and cost. Is acquisition part of procurement? In a word, yes! The two processes are closely linked.

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

The Network Effect

JANUARY 17, 2016

Inventory Planner. Buyer – Bidding/Negotiation (Buy Side). Vendor Sales Rep – Bidding/Negotiation (Sell Side). Inventory Clerk. Enterprise Business Function. Demand Planner. Replenishment Planer. Buyer Manager – approves PO/Contract. Buyer Planner. Vendor CSR. Buyer Financials Manager (AP). Warehouse Manager.

Buyers 40

Buyers Supply Chain Efficiency Networking Bidding 40

TYA Suite

OCTOBER 27, 2024

To ensure that bids are accurate, timely, and manageable, quotation management software has become an essential tool for firms looking to optimize their quoting process. Companies require effective tools to manage their sales activities in today's competitive business world.

Management 40

Management Real-time Visibility Price e2e 40

Finale Inventory

JULY 31, 2023

Marketplace seller using a tablet to receive inventory and review orders. FBA offers sellers the advantage of leveraging Amazon’s extensive logistics network, including warehousing, inventory management, and shipping. The post Choosing the Right Platform: Selling on Amazon VS Walmart.com appeared first on Finale Inventory.

Inventory 52

Inventory Quality Bidding Logistics 52

Una

APRIL 23, 2024

The research found that AI-enabled supply chain management allowed early adopters to improve: Forecasting errors reduced by up to 50% Logistics costs improved by 15% Inventory levels by 35% Service levels by 65%. Demand forecasting & inventory optimization Can we finally bid goodbye to overstocked warehouses and disappointed customers?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

The Good Spending

AUGUST 23, 2022

It assumes that the winning bid includes solid commercials and non-material benefits, e.g., improvements in end-user experience. Balance sheet savings (inventory/working capital) are achieved by reducing inventory or capital expenditure. We explained value-based procurement in detail in this post.

Procurement 98

Procurement supply chain budgeting Supply Chain Optimization Budget 98

Supply Chain Game Changer

JANUARY 12, 2021

Preventive and Protective Steps. Someone who is really motivated to commit fraud or a scam will go to tremendous lengths to commit that crime. It is incumbent upon Supply Chain professionals to take proactive steps to mitigate if not eliminate any opportunity for these criminals to succeed in their endeavours.

Supply chain 57

Supply chain Real-time Visibility Supply Inventory 57

Planergy

FEBRUARY 24, 2025

This often involves sending a request for proposal (RFP), competitive bidding, detailed evaluations, and comprehensive vendor performance assessments. Vendor Selection Rigorous vendor selection processes ensure institutions partner with suppliers who can consistently meet quality, cost, and delivery expectations.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Budget 52

World of Procurement blog

APRIL 23, 2024

Supply Chain Management Systems: Cover a broader spectrum, including inventory management, order management, and logistics, in addition to procurement. E-Sourcing Software: Facilitates online bidding and tendering processes, enabling transparent and efficient supplier selection.

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

Supply Chain Management Systems: Cover a broader spectrum, including inventory management, order management, and logistics, in addition to procurement. E-Sourcing Software: Facilitates online bidding and tendering processes, enabling transparent and efficient supplier selection.

supply chain software solutions 52

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

Pipefy

MAY 9, 2023

Supplier lead time Lead time , or the amount of time that lapses between a supplier’s receipt of and delivery of an order, is among the top three attributes (along with pricing and quality) buyers consider when choosing a bid winner. Keep the following in mind when performing an inventory count: Schedule regular physical inventory counts.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

The Procuretech Podcast

JULY 12, 2022

Elcom also does work across the UK in the health and education space, where the software covers sourcing, contract management, P2P, inventory, point of care, analytics, and more, along with supplier services such as bid management. It's a full stack suite, just in a very specific niche.

Sourcing 52

Sourcing Contract management Data Inventory 52