The Procuretech Podcast

NOVEMBER 19, 2024

By connecting all aspects of procurement—from sourcing to payment—Workrise fosters real-time visibility and stronger supplier relationships, enabling energy companies to operate more effectively. We'll be back at the same time next week, so see you there. A key takeaway is Praveen’s emphasis on adaptability.

Vendor management 40

Vendor management Supply Chain Efficiency supply chain software solutions Real-time Visibility 40

IBM Supply Chain Blog

FEBRUARY 13, 2024

What’s needed is a solution that not only safeguards the performance of your mission-critical applications, but also goes above and beyond through reduced cost, time efficiency and monetary savings. This aspect is crucial for app performance optimization, as it provides real-time insights through high-fidelity data.

Real-time Visibility 64

Real-time Visibility e2e Demand Networking 64

IBM Supply Chain Blog

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. By establishing standardized workflows and decision rules, BPM streamlines the claims process by reducing processing times and minimizing errors.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

IBM Supply Chain Blog

AUGUST 2, 2023

They don’t want to fill out a form to request a quote, send an email to get pricing information, or wait to get simple answers; they want real-time answers and action. Customers who flooded Camping World’s call center were often met with long wait times or were dropped accidentally.

e2e 70

e2e Real-time Visibility Strategy Price 70

Planergy

MAY 30, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. TEM encompasses everything from booking airfare and hotels to managing ground transportation and expenses.

Real-time Visibility 52

Real-time Visibility Management Purchase orders Purchasing 52

Let's Talk Supply Chain

AUGUST 4, 2022

In 2005 I came across a book, Sense & Respond (The Journey to Customer Purpose) Creating and Leading Sense-And-Respond Organizations. At the article published today they have written “Sense and Respond in Real Time: The Continued Growth and Investment in Control Towers.”.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility Supply chain 105

Procurement Insights

NOVEMBER 26, 2023

The reference to “ Visibility” with a single source of truth ” – How often do we hear that phrase used in 2023 suggests that we still haven’t achieved it yet. If Cisco has achieved a single source of truth visibility, maybe we should look at how they did it and emulate them?

supply chain software solutions 72

supply chain software solutions Supply Chain Efficiency Supply chain Real-time Visibility 72

Procurement Heads

JANUARY 30, 2023

IT procurement provides a lot more visibility to senior stakeholders within the business. CIPS is valuable because it allows you to apply your theory to the real world. Both on-the-job skills and book knowledge complement one another. Through studying CIPS you also have the opportunity to expand your wider network which is key.

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

Planergy

SEPTEMBER 20, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. Between booking flights, finding accommodations, and managing expenses, it’s easy to feel overwhelmed.

Management 52

Management Real-time Visibility Budget Spend management 52

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

Supply Chain Game Changer

SEPTEMBER 20, 2022

Before shippers select a carrier partner for large-scale shipping, they should first consider that carrier’s track record: does that shipper have a record of delivering on time? If the answer to these questions is anything other than ‘yes’ and ‘stellar,’ it’s time to look elsewhere.

supply chain software solutions 93

supply chain software solutions Real-time Visibility Supply Chain Efficiency Logistics 93

Procurement Tactics

MARCH 27, 2023

Although it always relates to demand and sales projections, forecasting can also be used to determine product pricing, lead times, labor needs, and more. The integration of AI into forecasting improves accuracy, saves more money, and helps businesses react to exceptions in real-time.

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

Orderhive

DECEMBER 13, 2022

As can be imagined, this added a lot of unnecessary time to the order fulfillment process. . Omnichannel order management is a digital centralization of information about inventory and sales for however many outlets a sales business has. Inventory visibility. This total visibility is an important aspect of SCM. .

Real-time Visibility 59

Real-time Visibility Management Inventory Supply Chain Efficiency 59

Finale Inventory

JULY 8, 2024

With the right inventory management system, you can optimize your supply chain, reduce costs, and improve customer satisfaction. In fast-paced online selling, timely and accurate inventory management can give you a competitive advantage. This means that inventory levels need to be constantly monitored and updated in real-time.

Inventory 52

Inventory Strategy Management Real-time Visibility 52

Supply Chain Collaborator

MARCH 16, 2020

Coming at a time when the pandemic is depressing global consumption of oil thanks to plummeting travel plans and shelter in place orders, it seems counter intuitive that demand to move oil would be at record high volumes. By Furnishing Upstream and Downstream Visibility to More Effectively Coordinate with all Facets of the Supply Chain.

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups. Cost booking validation to relevant GL. .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

Finale Inventory

APRIL 30, 2024

Most small business owners either manage their books independently or hire a bookkeeper to keep their finances in order. This may lead to inadequate cash flow, debt, and more taxable income than you’d like on your books. factory workers assembling products or the time it takes to pick and pack orders). warehouse security).

Real-time Visibility 52

Real-time Visibility Inventory Price Data 52

Finale Inventory

APRIL 30, 2024

Most small business owners either manage their books independently or hire a bookkeeper to keep their finances in order. This may lead to inadequate cash flow, debt, and more taxable income than you’d like on your books. factory workers assembling products or the time it takes to pick and pack orders). warehouse security).

Real-time Visibility 52

Real-time Visibility Inventory Price Data 52

Planergy

SEPTEMBER 5, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Let's Talk Supply Chain

JULY 27, 2022

Let’s Talk Supply Chain gives them a platform to share what drives them and how they are igniting real progress at their organizations. This summer her book Transforming the Organization: Building a Flexible Foundation for Future Disruption makes its debut. How did your supply chain journey start?

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Supply 115

Finale Inventory

JULY 16, 2024

Understanding Inventory Management in Ecommerce Before examining the various strategies, it is important to understand the significance of effective inventory management in the ecommerce industry. The Importance of Effective Inventory Management Effective inventory management is important for several reasons.

Inventory 52

Inventory Strategy Management Real-time Visibility 52

Finale Inventory

SEPTEMBER 2, 2023

It can save time and prevent costly, consequential mistakes for businesses in this revenue category. Keeping detailed books with all transactions recorded and reconciled is critical for multichannel businesses as it helps lower the risk of fraud and embezzlement. It will take time, and you risk investors losing interest.

Real-time Visibility 52

Real-time Visibility Inventory Risk Buyers 52

Procurement Heads

JULY 19, 2023

We have an amazing analytics dashboard, which gives us visibility on spend and suppliers’ contract duration, supplying really important insight. Firstly, I didn’t reach into the Stephen Day black book of contacts and start ringing them all up and saying “Do you want to join us?” It is not for the faint-hearted!

Real-time Visibility 130

Real-time Visibility Sustainability Procurement Import 130

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

Procurement Insights

AUGUST 30, 2023

They say that, like truth, good ideas stand the test of time. Considered to be a breakthrough assessment of the purchasing industry at the time, I felt that there were several gaps in the study. The right technology will enable enterprise-wide supply management, external supply chain visibility, and internal and external collaboration.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

EazyStock

JUNE 16, 2022

Advancing technologies, such as artificial intelligence and machine learning, make connectivity and supply chain visibility easier. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. Inventory management and AI.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 52

Solvoyo

AUGUST 17, 2020

What about real-time data processing, scalability or accuracy? Here are 5 reasons why spreadsheets are not the best alternative as a supply chain planning tool anymore : 1) Lack of end-to-end visibility to the overall supply chain. This gets in the way of having end-to-end visibility to the overall workflow.

Supply Chain Analytics 52

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

Solvoyo

AUGUST 17, 2020

What about real-time data processing, scalability or accuracy? Here are 5 reasons why spreadsheets are not the best alternative as a supply chain planning tool anymore : 1) Lack of end-to-end visibility to the overall supply chain. This gets in the way of having end-to-end visibility to the overall workflow.

Agile and Lean Supply Chain 52

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

IBM Supply Chain Blog

AUGUST 8, 2023

EAM can improve employee productivity by centralizing asset information and identifying issues before they occur to solve them in real-time. A centralized asset database enables better visibility and control over assets. Condition monitoring: Utilize condition-monitoring techniques to collect real-time data on asset performance.

supply chain software solutions 50

supply chain software solutions Real-time Visibility Management Supply Chain Optimization 50

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! Integrating big data and the IoT provides an overview of warehouse inventory in real-time.

Inventory 52

Inventory Data Management Real-time Visibility 52

Planergy

JULY 27, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. Timeliness Expenses must be reported in a timely manner. What pricing limits will you enforce?

Real-time Visibility 52

Real-time Visibility Purchasing Management Spend management 52

Planergy

AUGUST 21, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Preparing Your AP Department For The Future", to learn: How to transition from paper and excel to eInvoicing. Having real-time spend visibility of spend allows you to better manage cash flow by understanding when you will be required to make payments related to purchases.

Real-time Visibility 52

Real-time Visibility Purchasing supply chain software solutions Spend management 52

Supply Chain Brain

OCTOBER 6, 2020

In this book, you learn the basics of supply chain risk management (SCRM), and how companies are using SCRM systems to create more resilient supply networks. The author also outlines how using a technology-based SCRM system provides visibility into your supply base.

Risk management 41

Risk management Risk Supply chain Management 41

Planergy

OCTOBER 18, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities. Follow these steps to help.

Risk 52

Risk Negotiation Real-time Visibility Management 52

Supply Chain Collaborator

AUGUST 2, 2019

Unless you’re running very regular procurement events to update rates in all your lanes, you may still be paying more for contracted freight that you would if you booked loads on the spot market! Measures of spot-pricing for truckload business are down by double digits from last year…”.

Strategy 69

Strategy Real-time Visibility Contract Bidding 69

Pipefy

JULY 24, 2024

The following real-world examples show how businesses have managed major changes within their organizations. 8 real-world change management examples The following examples of change management serve as inspiration for your own organization’s changes. With real-time audit trails and dashboards, collect the updates you need easily.

Change management 52

Change management Strategy Management Real-time Visibility 52

Arkestro

JULY 4, 2022

As a result, implementing a process that effectively supports supplier diversity is a real obstacle many companies struggle with. The model looks at historical data to understand how much volume any supplier can handle at any given time and whether that supplier is diverse or not. A much more advanced solution was required. Next Steps.

Suppliers 52

Suppliers Procurement Real-time Visibility Chief Procurement Officer 52