Jaggaer

MAY 14, 2019

Source-to-Pay software or, simply put, S2P is an integrated suite of applications developed to take care of and manage each and every process within the procurement function. T he success of a S2P software implementation project relies greatly on the business case it follows. The procurement strategy . Improved visibility.

Real-time Visibility 81

Real-time Visibility Buying process Procurement strategies Purchasing 81

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Data integration and analytics IBP relies on the integration of data from different sources and systems.

supply chain software solutions 76

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 76

Planergy

SEPTEMBER 5, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to 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

IBM Supply Chain Blog

APRIL 4, 2024

For example, BPM is smaller in scale than business process reengineering (BPR), which radically overhauls or replaces processes. Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

Supply Chain Trend

OCTOBER 11, 2022

The best application of CPFR I’ve encountered was in 2005, when working for a meat manufacturer that received point-of-sale (POS) data four times a day (10am, noon, 2pm, 4pm) from over 600 stores from the largest retailer in the Netherlands. It is a great way to use data and create supply[1]chain visibility. CONCLUSION.

Data 88

Data Collaboration Supply chain Real-time Visibility 88

SCMDOJO

MARCH 25, 2022

Although logistics represents a whole system of space/time interdependencies, we believe that the discussion of its history and its chronological evolution still requires extensive studies to explore its origin and its advance in time, from a new point of view. This was reflected in the two major organizations of the time.

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

World of Procurement blog

APRIL 23, 2024

Understanding Procurement Technology Procurement technology refers to the software and systems that automate and streamline procurement processes for businesses, covering everything from sourcing materials and services to managing contracts and analyzing spending. Examples include SAP Ariba and Coupa.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

IBM Supply Chain Blog

JANUARY 8, 2024

Becoming a real-time enterprise Businesses often go on a journey that traverses several stages of maturity when they establish an EDA. Teams want more visibility and access to events so they can reuse and innovate on the work of others. Reuse of course can bring its own challenges.

Real-time Visibility 73

Real-time Visibility Export Sourcing Supply Chain Efficiency 73

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. That’s where procurement, sourcing, and purchasing technology comes in.

Agile and Lean Supply Chain 52

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

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. Sourcing tools can help organizations choose vendors that deliver greater long-term value.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

IBM Supply Chain Blog

MARCH 20, 2023

To successfully align your data and analytics strategy with your business strategy, you need the right data architecture in place. A recent IBV Chief Data Officer study revealed that 63% the top the CDOs surveyed are aligned with the business strategy in compared to 48% of other surveyed CDOs.

Data 52

Data Strategy e2e Business strategy 52

Pipefy

APRIL 4, 2023

Examples of processes a BPMS can strengthen BPMS can be used to optimize any type of business process. Reducing waste often involves eliminating process bottlenecks, allowing organizations to shorten their product lead time, product cycle time and time-to-market.

Real-time Visibility 52

Real-time Visibility e2e Data Import 52

Pipefy

OCTOBER 25, 2023

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. As a source of information, companies can quickly and efficiently respond to changes in the supply chain, economy, or demand.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 25, 2018

Real-time Visibility. We’re moving towards a supply chain which is fully transparent and trackable in real-time. From the millions of data points and variables in any supply chain should come the knowledge required to determine business strategies and to support decision-making processes.

Logistics 58

Logistics Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 58

Pipefy

DECEMBER 6, 2023

No matter how much they differ, efficient and friction-free workflows typically share the following traits: they provide visibility, employees are aligned on changes and requirements, fosters accountability, and creates a positive business impact. Visibility Each step in a workflow should be visible.

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

Arkestro

AUGUST 1, 2022

For the longest time, the procurement scale has tipped in favor of the buyer. However, the post-pandemic era has seen a dramatic shift in the business landscape. Porter’s book Competitive Strategy outlines what became known as Porter’s Five Forces —a framework used to analyze a business’ competitive environment.

Supplier relationship management 52

Supplier relationship management Suppliers Management Buyers 52

Pipefy

AUGUST 1, 2023

Today, however, success requires a detailed review and breakdown of each process a business carries out to make and deliver its goods and services (also known as operations). This operations overview, or process visibility , can reveal common areas of waste and bottlenecks that cost companies millions in time and revenue each year.

Strategy 52

Strategy supply chain budgeting Supply Chain Efficiency Real-time Visibility 52

Empowering CPO

JUNE 21, 2023

It’s about automating tedious tasks, enhancing data visibility, and providing more profound, actionable insights. Additionally, the sheer volume of transactions that large businesses dealt with on a daily basis made manual Spend Analysis highly time-consuming and inefficient.

Real-time Visibility 52

Real-time Visibility Data Procurement Strategic sourcing 52

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

Pipefy

OCTOBER 24, 2023

Problem: maverick spend and unmanageable spot requests Recurring emergency purchase requests Poor purchase policy and company alignment Non-compliant purchases repeatedly slip through Solution: centralize, standardize, and automate Pipefy centralizes all communication to give every stakeholder a common, single source of information.

Real-time Visibility 52

Real-time Visibility e2e Procurement Procurement team 52

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Let's Talk Supply Chain

APRIL 13, 2023

Sourcing global talent Provides established processes for staff augmentation Visibility, KPIs, training, clear expectations When do customers approach Lean Solutions Group? Onboarding process 4 – 6 weeks onboarding time. How does Lean Solutions help clients grow? Companies that are struggling to find talent.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Real-time Visibility Logistics supply chain software solutions 52

Empowering CPO

JUNE 30, 2023

Our offerings range from spend analysis and supplier management to strategic sourcing and contract lifecycle management, each tailored to the unique needs and objectives of our clients. At EmpoweringCPO, we view procurement not as a separate function, but as an integral part of your business strategy. Let’s break it down.

Supply Chain Optimization 52

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

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. They are essential to measure the costs and reliability of a business strategy, as well as the performance and results. Continual late deliveries should raise a red flag.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

This move can range from outsourcing a single procurement task, like sourcing, to entrusting the entire procurement process to a third-party service provider. This foundation will enable us to appreciate the full context and nuances of this transformative business strategy.

Procurement 52

Procurement Supply Chain Efficiency supply chain budgeting Real-time Visibility 52

IBM Supply Chain Blog

FEBRUARY 12, 2024

Reformation is a trendy clothing company that uses their commitment to sustainability as part of their business strategy. They site their production process, material sourcing information, product care information, and even their sustainability reports. We’re #2.”

Sustainability 69

Sustainability Strategy Real-time Visibility Data 69

Claritum

JULY 31, 2018

Should a supplier be visible before they become a preferred supplier? Supplier scorecards can be used or simple dashboards showing supplier performance over time. For Indirect Spend the management of actual performance needs to be on a real time basis, as Indirect Spend categories are typically Real Time events.

Suppliers 42

Suppliers Management Real-time Visibility Purchasing 42

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Supply Chain Brain

JUNE 11, 2018

For that, you need to have business alignment, agreement and consensus.” The technology has been around for a long time, but many organizations and countries still require the maintenance of original signed documents, with all of their accompanying costs and inefficiencies. “It’s more about industry adoption,” says Perez.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 40

Pipefy

JANUARY 10, 2024

If this still isn’t a priority in your business strategy, it’s time to make it one. Research indicates that the preference for remote work is overwhelmingly clear, with 98% of workers expressing the desire to work remotely at least part-time and 93% of employers planning to continue with remote job interviews.

Data 52

Data Strategy Change management Real-time Visibility 52

Supply Chain Action Blog

AUGUST 26, 2018

Direct the next best action within the constraints of time and cost. The time required just to collect, clean, transform and synchronize data for analysis remains the fundamental barrier to better detection, diagnosis and decisions in the value network. Listen and learn your business strategy and operations.

Supply Chain Optimization 40

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 40

Planergy

AUGUST 30, 2022

FedEx’s innovation here was to build a network of distribution hubs and to ensure every package was scanned at each point in the journey so that its real-time location was always known. And by making its tracking information available to customers, it gave them visibility and control over their shipments for the first time.

Innovation 52

Innovation Networking Real-time Visibility Purchasing 52

Empowering CPO

JULY 3, 2023

It has evolved to managing risks, fostering innovation, promoting sustainability, and contributing to the overall business strategy. These methods often involve manual, time-consuming processes, a lack of transparency in supplier relationships, and difficulty in managing and analyzing large volumes of procurement data.

Innovation 52

Innovation Strategy Procurement Management 52

TYA Suite

NOVEMBER 25, 2024

By incorporating sustainability into , businesses can contribute to reducing their carbon footprint, promoting ethical labor practices, and supporting long-term economic growth. This approach involves analyzing the entire supply chain to ensure that products are sourced, produced, and disposed of in ways that are ethical and eco-friendly.

Sustainability 40

Sustainability Import Supply Chain Efficiency Procurement 40

Pipefy

MARCH 31, 2023

Hiring them back is a win for businesses. Companies gain more experienced employees who can hit the ground running due to process familiarity, saving significant time and costs in onboarding and training. This is the individual’s time to give their honest answers, so do not include management in the conversation.

Real-time Visibility 52

Real-time Visibility Data Import Risk 52

ivalua

FEBRUARY 11, 2021

If you are short of time, watch this, otherwise keep reading! We’ve seen a lot of news around the blistering-hot real estate market in the U.S., Prediction 3: Procurement will drive critical business strategies in 2021-22. We expect sourcing leaders will be reevaluating their suppliers and bringing more RFPs to market.”.

Procurement 246

Procurement supply chain budgeting Real-time Visibility Supply chain 246