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Supply chain visibility in the energy and utilities industry

IBM Supply Chain Blog

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. Visibility into other key inventory (e.g.,

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How to Improve Supply Chain Efficiency and Productivity with Visibility Data

FourKites

One additional area of focus is risk management, which, if left unchecked, can cause unexpected expenses to skyrocket within the other three budget areas. 4 Supply Chain Efficiency Measures to Improve Productivity. Inventory, raw materials and finished goods. 2: Right-size Your Inventory. Transportation spend.

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Episode 137: Using Visibility to Combat Supply Chain Abstraction with Frank Kenney

Una

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.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

ERP solutions often lack robust capabilities around managing all of the data attributes for products and vendors, and cannot update them in real time or in an automated fashion. Best-in-class solutions do a better job of capturing usage data for healthcare products at the time of patient use. Point-of-use data capture.

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Mitigating Procurement Risks: Best Practices and Strategies

TYA Suite

Additionally, assess your suppliers’ financial stability, track their performance over time, and maintain open communication to identify potential risks early. Use tools such as risk matrices and dashboards to visualize and track these risks over time. track orders, and monitor compliance with contractual terms.

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The 25 Hottest US Procurement Startups

Procurement Software

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. The platform also offers supply and risk management insights.

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11 Great Procurement Tools for Manufacturing Companies

Procurement Software

This exciting trend persuaded us that it’s about time we featured an article on these procurement tools specifically. It ensures they know in real time, with push notifications in one platform, all about the latest status of delivery times, any quantity discrepancies and logistical challenges.