Spend Matters

FEBRUARY 20, 2023

Categories: Procurement Systems & Architecture , Supply Chain Visibility Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Circularise, a blockchain-based traceability solution that helps companies trace products and materials to verify their origins, certificates, CO2 footprints and other material data.

Supply Chain Efficiency 97

Supply Chain Efficiency Supply chain Raw materials Supply Chain Visibility 97

Jaggaer

OCTOBER 24, 2024

Following a forecast to suppliers, a Tier-1 supplier collaborates with its suppliers—Tier 2 for the buyer—to obtain critical components for producing products and/or services. Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Finale Inventory

JULY 18, 2024

One such system that has transformed the way businesses exchange data is Electronic Data Interchange, or EDI. Understanding Electronic Data Interchange (EDI) EDI is the electronic exchange of business documents between trading partners in a standardized format. Common EDI standards include ANSI X12 and UN/EDIFACT.

Data 52

Data Real-time Visibility Supply Chain Efficiency supply chain software solutions 52

ivalua

APRIL 6, 2021

Contract management software can help to improve contracting efficiency, enable better supply chain visibility and management of obligations, improve contract compliance and help to reduce exposure to risk. . If you think about it, a contract is the only document that formalizes a relationship between a buyer and a supplier.

Contract 130

Contract Management Contract management e2e 130

Let's Talk Supply Chain

AUGUST 12, 2024

Today Evan Smith, Co-Founder and CEO at Altana, joins me to talk all about Altana and what they do; their mission to fix globalization and improve global commerce for everyone; the role of AI in making data accessible and actionable; and how Altana are delivering more than twice the supply chain visibility of any other provider.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain function within your company has many responsibilities. From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Cost and Profit Management.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Procurement Software

MAY 9, 2022

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Parallel to this, they offer the ability to streamline supplier governance and due diligence activities to cover increasing demands on compliance and supply chain visibility. Studied cases at Kodiak Hub show between 1–3 % loss of brand exposure resulting from a non-compliant supply chain.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. By the time the supply chain manager is able to identify the issue, it’s all over Facebook and Twitter.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

Arkestro

DECEMBER 12, 2022

It’s vital that supplies are predictable, so you can get the products and services you need. To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Software

MARCH 7, 2023

Supplier qualification / onboarding module which contains a vendor master data management portal Integration with external, third party data for variables such as commodity pricing, ESG scores, credit checks, financial health and so on. This is due to spend and supplier data being consolidated in one single system.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Arkestro

OCTOBER 29, 2023

Resources / Blog / 5 Chilling Challenges Facing Procurement Today 5 Chilling Challenges Facing Procurement Today From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full. More often than not, the raw data can be inaccurate or misleading.

Procurement 52

Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

Supply Chain Game Changer

JULY 1, 2021

Of course, a supply chain upgrade is a major investment that may require you to obtain a working capital loan from reliable lenders. 7 Ways to Make Your Supply Chain More Efficient. Invest in supply chain visibility. With accurate stock data and avoid stockouts, our overstocking.

Supply Chain Efficiency 60

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Real-time Visibility 60

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. By the time the supply chain manager is able to identify the issue, it’s all over Facebook and Twitter.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Suppliers 40

Procurement Software

MARCH 5, 2024

The 25 Hottest American Procurement Tech Startups Before we give you the list, we should briefly touch on what we’ve defined as a “Startup” Less than 50 employees, according to data on LinkedIn. Key Data: Founder / CEO: Anders Lillevik Date Founded: 2020 Visit Focal Point profile in our Software Finder 2.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Zycus Cognitive Procurement

FEBRUARY 14, 2022

Information security and privacy: Instances wherein sensitive data, either internal or customer data, is compromised by a cyber-security failure at the supplier’s end. For the customers, this would be a violation of the chain of trust, and for you, it could mean huge financial and reputational damage.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Procurement Software

DECEMBER 5, 2022

Supplier qualification / onboarding module which contains a vendor master data management portal. Integration with external, third party data for variables such as commodity pricing, ESG scores, credit checks, financial health and so on. Master data management. It usually takes several days to collect the necessary data.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Procurement Insights

AUGUST 30, 2023

In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23. Delivery performance and product quality also improved dramatically.”

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

IBM Supply Chain Blog

SEPTEMBER 20, 2021

This includes building resiliency in supply chain frameworks by expanding and enhancing partner ecosystems and relationships, while maintaining a focus on efficiency and meeting customer expectations. Why is supply chain resiliency important? Digitize so you can automate. Break down silos.

Supply chain resilience 52

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

Supply Chain Opz

JULY 7, 2014

In the past, they supplied products to department stores. Having own stores mean they can have better understanding about buyer behavior so they can adapt more rapidly. From practitioner''s perspective , global supply chain means something ranging from security issues , supply chain visibility or sustainability.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

Claritum

APRIL 25, 2018

In many companies problems can arise when promotional goods are by inexperienced buyers from unapproved suppliers. And as many suppliers are based in the Far East, buyers need to understand local pricing, duties, testing and shipping to ensure they receive the right product to enhance their promotional strategy.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 32

Purchasing Sourcing Supply Chain Efficiency Suppliers 32

Claritum

JULY 5, 2018

Procurement is fundamentally in the intelligence business, and since information is at the core of intelligent decision making, you need to be really good at efficiently gathering and transforming data into information. Knowledge of part of this chain is not sufficient. 2 The challenge of Tail Spend.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36

Supply Chain Brain

MARCH 26, 2018

has helped humans to get a better grasp of the possibilities, as they sift through the mass of information called “big data.” Creating a long horizon is important because the buyer need to have an accurate sense of a supplier’s total capacity for producing over time. Still, the coming of A.I. Of course, it’s not really simple at all.

Price 40

Price supply chain software solutions Supply Chain Optimization Buyers 40

Claritum

AUGUST 15, 2019

In many companies’ problems can arise when promotional goods are purchased by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the company with no consistency of supply or quality.

Management 32

Management Procurement Purchasing Sourcing 32

Supply Chain Game Changer

NOVEMBER 10, 2018

To create a BORING Supply Chain Holiday season we had to start planning immediately after last Holiday. It is critically important to take the time to meet with your Merchants, Merchandising, Buyers, Distribution Centre teams, Human Resources, Finance and your E-Commerce channel leadership. Manage Your Logistics Network.

Supply Chain Optimization 44

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 44

SCMDOJO

MARCH 28, 2025

Scoutbee is an AI-powered procurement network that connects buyers with potential suppliers. Agentic AI takes this a step further by enabling autonomous supply chain systems. Agentic AI takes this a step further by enabling autonomous supply chain systems. Check out the course below!

Logistics 52

Logistics Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52