Jaggaer

MAY 14, 2019

A good business case should take into consideration the value the S2P solution could create, the project timeline, the overall business strategy and it should be based on solid data. . . The procurement strategy . Is the decision sustainable for the business and the way it operates?

Real-time Visibility 81

Real-time Visibility Buying process Procurement strategies Purchasing 81

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.

Data 88

Data Collaboration Supply chain Real-time Visibility 88

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

Inability to execute good Business Strategies. Flawed or outdated Technology and Equipment that limits visibility. Inefficient Logistics and Business Metrics. Social Responsibility is a major dimension of their business strategy. Flawed Processes. Inability to attract and retain top tier Talent.

Agile and Lean Supply Chain 52

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

IBM Supply Chain Blog

JUNE 29, 2023

To be successful, businesses need to have clear, real-time visibility into the condition of their assets and a plan to keep them running smoothly and make repairs quickly when things break. This is why asset reliability is such a critical component of business strategy. What is an asset?

Real-time Visibility 80

Real-time Visibility Management Strategy Data 80

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. This ensures consistency and reduces inefficiency.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

TYA Suite

NOVEMBER 25, 2024

Sustainable procurement is a growing approach that focuses on purchasing goods and services with consideration for their environmental, social, and economic impacts. By incorporating sustainability into , businesses can contribute to reducing their carbon footprint, promoting ethical labor practices, and supporting long-term economic growth.

Sustainability 40

Sustainability Import Supply Chain Efficiency Procurement 40

World of Procurement blog

APRIL 23, 2024

Businesses leverage procurement technology for: Automating Manual Processes: From issuing purchase orders to processing invoices, automation reduces errors and saves time. Spend Visibility: Advanced analytics offer deeper insights into spending patterns, helping companies make informed choices.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

IBM Supply Chain Blog

FEBRUARY 12, 2024

Get the ‘AI for Customer Service’ guidebook Trend 1: Sustainability for customer satisfaction A new generation of consumers creates a need for new approaches to customer relationships. A brand needs to implement sustainability as part of its identity to better connect with this new age of consumers. We’re #2.”

Sustainability 69

Sustainability Strategy Real-time Visibility Data 69

Barkers Procurement

JULY 21, 2024

How to Implement ESG in Your Supply Chain As businesses increasingly recognise the importance of sustainability, Environmental, Social, and Governance (ESG) criteria have become essential elements in defining corporate responsibility. This involves setting clear, achievable objectives aligned with your overall business strategy.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Ethics 52

Pipefy

APRIL 4, 2023

Reducing waste often involves eliminating process bottlenecks, allowing organizations to shorten their product lead time, product cycle time and time-to-market. Enhances visibility Standardizing processes is a key requirement for reducing the risk of human error. Does it integrate with the software you have?

Real-time Visibility 52

Real-time Visibility e2e Data Import 52

Empowering CPO

JULY 3, 2023

Innovative strategies in procurement are crucial for organizations to stay competitive, adapt to changes, and drive business growth. In this blog, we will delve deep into the realm of managed procurement services, and more importantly, the innovative strategies that are revolutionizing this field.

Innovation 52

Innovation Strategy Procurement Management 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

JULY 16, 2023

Additionally, managed procurement services help businesses achieve better visibility into their spending patterns, uncover hidden savings opportunities, streamline operations, and free up internal resources to focus on core business activities.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

HICX

DECEMBER 11, 2023

When planned and implemented correctly, this results in savings in both time and costs, and a reduction in human error amongst the key stakeholders. Greater customer satisfaction Providing the supplier with better levels of service through increased efficiency and visibility can pay dividends in securing customer-of-choice status.

Supply chain management 52

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

MARCH 6, 2023

Here we’ll break down what business process transformation means, what drives the need to transform business processes, and the framework to unlock the benefits of a long-term and sustainable business process transformation initiative.

e2e 52

e2e Supply Chain Efficiency Real-time Visibility Change management 52

Empowering CPO

JUNE 30, 2023

At EmpoweringCPO, we view procurement not as a separate function, but as an integral part of your business strategy. It can result in stock-outs or overstock, poor quality control, and longer lead times. This restructuring led to centralization of functions, improved visibility, and robust contract compliance.

Supply Chain Optimization 52

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

Let's Talk Supply Chain

OCTOBER 23, 2022

Shipium coordinates previously disconnected supply chain steps to help retailers offer fast, free, and on-time shipping. When you’re using technology to solve real-world problems – that’s what I love… and it allowed me to develop my thoughts around ‘how do you run an efficient ecommerce process?’”.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting Supply chain Supply 40

Empowering CPO

JUNE 25, 2023

The industrial revolution in the 18th and 19th centuries marked a significant turning point, as businesses started to realize the strategic importance of procurement. Furthermore, businesses are under constant pressure to reduce costs without compromising on quality or service.

Procurement 52

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

Empowering CPO

JULY 16, 2023

Additionally, managed procurement services help businesses achieve better visibility into their spending patterns, uncover hidden savings opportunities, streamline operations, and free up internal resources to focus on core business activities.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Empowering CPO

JUNE 20, 2023

Moreover, it provides a baseline for measuring the success of procurement initiatives, offering a clear benchmark to track performance improvements over time. From a broader business strategy perspective, spend analysis reporting plays an equally crucial role.

Real-time Visibility 40

Real-time Visibility supply chain budgeting Supply Chain Efficiency Data 40

Empowering CPO

JUNE 14, 2023

This foundation will enable us to appreciate the full context and nuances of this transformative business strategy. In the early stages, businesses primarily outsourced indirect procurement activities, such as office supplies or maintenance services, which did not directly impact their product or service offering.

Procurement 52

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

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

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

Pipefy

DECEMBER 27, 2024

In this way, automation becomes essential for businesses to quickly adapt to dynamic scenarios, remain competitive, and meet market demands. The influence of AI and automation on strategies Process automation with AI plays a crucial role in redefining business strategies.

Real-time Visibility 52

Real-time Visibility Innovation Ethics Strategy 52