SCMDOJO

MARCH 24, 2025

Why is Purchase Price Variance (PPV) Important? Suppliers whose prices fluctuate significantly over time may not be suitable for long-term partnerships, whereas those who consistently provide products at estimated costs can be considered for future contracts. However, its impact is typically greater on the buyer than on the supplier.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

ivalua

MAY 19, 2022

But why is this so important for business, and what does it mean for prospects and customers? How important is this partnership to both Ivalua & TransferMate? By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Procurement Tactics

NOVEMBER 14, 2022

We will also tackle retail supply chain management and its importance. The Importance of Retail Supply Chain Management. Many people overlook the importance of retail supply chain management and undervalue its impact on business operations. Additionally, you will get real-time visibility into all areas of your business.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Procurement Tactics

MARCH 27, 2023

We will tell you the importance and the methods used in supply chain forecasting. Although it always relates to demand and sales projections, forecasting can also be used to determine product pricing, lead times, labor needs, and more. However, having too much means paying unnecessary high costs for your inventory.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain 192

ivalua

AUGUST 17, 2021

Recent trends have increased the strategic importance of effective, transparent Accounts Payable processes. A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments.

Real-time Visibility 130

Real-time Visibility Suppliers Innovation Contract 130

The Thomas Blog

AUGUST 15, 2022

Data shows that industrial buyers are typically 70% of the way through their purchase decision process before reaching out to a supplier. That's because today's B2B buyers are mostly millennials who are digital natives and do all their online research anonymously online first. Why Is Industrial Marketing Important?

Buyers 143

Buyers Real-time Visibility Purchasing Strategy 143

Procurement Insights

APRIL 3, 2025

Like any ecosystem, it has both positive and critical aspects , depending on your perspective whether you’re a startup, enterprise buyer, vendor, or procurement leader. Global Reach, Real Impact Participants and speakers come from over 50 countries. Positive Aspects of DPW 1. High-profile speakers (e.g.,

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

Procurement Tactics

DECEMBER 21, 2022

After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Thus, allowing you to know if your decision is right when the time comes you are going to collaborate in the supply chain. . Why is it important? Defining Supply Chain Collaboration.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

ivalua

OCTOBER 1, 2020

Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments.

Real-time Visibility 130

Real-time Visibility Networking Supply Chain Efficiency Suppliers 130

Let's Talk Supply Chain

AUGUST 28, 2022

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. 21.38] How better data and increased automation and efficiencies can help to increase carrier engagement, and why better carrier partnerships are so important.

Real-time Visibility 98

Real-time Visibility Price Collaboration Supply Chain Efficiency 98

ivalua

JUNE 29, 2022

Many businesses, governments, and consumers are now acutely aware of the importance of taking action to prevent climate change. In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Collaborate for a greener future.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

ivalua

DECEMBER 3, 2021

Many businesses, governments, and consumers are now acutely aware of the importance of taking action to prevent climate change. In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Collaborate for a greener future.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Spend Matters

AUGUST 28, 2023

At the same time, the importance and criticality of services spend for organizations hasn’t shrunk (on the contrary …) nor the need to address typical challenges and hurdles inherent to complex service categories: inefficient processes, lack of control and low spend visibility. This content is for members only.

e2e 98

e2e Sourcing Real-time Visibility Contract 98

SCMDOJO

APRIL 22, 2022

At such a time, NFTs will prove their worth. With the ability to know the real-time movement of the product due to its tokenization system, a company can easily find out the owner of the asset by quick scans and running reports. The tokenization system will also improvise how inventories are managed in the supply chain.

Supply Chain Efficiency 137

Supply Chain Efficiency Supply chain Real-time Visibility Supply 137

ivalua

JULY 8, 2020

These challenges in the direct material supply chain pose a real threat, especially in a time of crisis. However, it is up to the procurement team to find a way to ensure that suppliers: Are not risky; Perform well over time; Meet quality & regulatory requirements; Maintains the right certifications, and more; and.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects.

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

Procurement Heads

JANUARY 30, 2023

I am an IT Buyer and procure software and hardware. I am responsible for the purchasing activities of Balfour Beatty on a large scale worth millions of pounds and have to make important decisions on what to recommend to our internal stakeholders and CIO. CIPS is valuable because it allows you to apply your theory to the real world.

supply chain budgeting 130

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

Jaggaer

OCTOBER 24, 2024

In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible. Following widely-known standards keeps your vendor options open so you’re not locked into sourcing from a small pool of specialty suppliers that can negatively impact time to market.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. preferred terms are negotiated in sourcing but only captured if purchased against) Invoicing: The most important part of the process for the supplier–getting paid. Purchasing is also where value is captured (i.e.,

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. From sourcing construction materials to hiring contractors, a well-organized is essential for timely project completion and cost control.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Spend Matters

OCTOBER 17, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — ivoflow offers a focus on actionable insights and cost savings initiatives rather than just static spend analysis.

Buyers 110

Buyers Real-time Visibility Sustainability Data 110

Procurement Heads

JULY 27, 2022

What we are having to learn again is everything we have done in the last few years remains important but we have got to bring back the importance to understand the resilience of the supply chain. The Buyer has to be able to ask what they are doing to make their company the preferred customer. Can it withstand shocks?

Buyers 130

Buyers Sustainability Supply chain Procurement 130

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Supply Chain Game Changer

AUGUST 24, 2021

Leveraging relevant technology in the supply chain from the moment your suppliers bring in raw materials, during storage of the materials and manufactured products in the warehouse, and distribution of products to the final consumer can increase efficiency, boost production, reduce time wastage and improve business revenues. Blockchain.

Supply Chain Optimization 119

Supply Chain Optimization Supply Chain Efficiency Supply chain Real-time Visibility 119

TYA Suite

NOVEMBER 15, 2024

Each participant in the procurement process—whether they are suppliers, buyers, or logistics providers—has access to this shared ledger. This transparency is a game-changer because it enables all parties to view the same information in real time. This level of visibility is invaluable for several reasons.

Supply Chain Efficiency 40

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

Let's Talk Supply Chain

AUGUST 7, 2022

Today Erik Kiser, founder and CEO at Orderful, joins me to chat all about the company: what they do; why it’s so important to help the small guys get to market; why existing EDI software infrastructures can’t keep up; and Orderful’s mission to create a world where data trading is not a barrier.

supply chain software solutions 98

supply chain software solutions supply chain budgeting Real-time Visibility Supply Chain Efficiency 98

Procurement Tactics

JUNE 26, 2023

Furthermore, China limited its import in the US and strengthened its trading relations with BRICS ( Brazil, Russia, India, China, and South Africa ) to diversify its economic partnership. Social Media Trends Instagram, TikTok, Facebook, and Pinterest are the best channels that offer real-time trending products to sell.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Una

JANUARY 17, 2023

Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. That is why the most important gains in supply chain technology have been in the area of visibility. But that is not the only area where technology is rapidly evolving.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. To potential buyers — Everstream Analytics is able to monitor and map n-tier suppliers, providing an in-depth look into its customers' risk.

Risk management 98

Risk management Supply Chain Optimization Risk Supply chain 98

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. Implementation of new supply structure Track results and restart assessment This model has essentially stood the test of time.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

ivalua

FEBRUARY 24, 2021

Improved Supplier Diversity and Inclusion – With corporate social responsibility growing in importance, customers can more easily manage Minority and Women-Owned Business Enterprise (MWBE) classification and credentials. Sourcing Innovations: . Ivalua streamlines the process of building, quoting, and analyzing supplier proposals.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

The Network Effect

JANUARY 8, 2015

But what I’m going to discuss today is very real and the most advanced logistics providers can deliver them today. With orchestration, an LSP is afforded the visibility, monitoring, and operational insights required to ensure client service levels are maintained no matter who is performing actual supply chain tasks.

Supply chain 76

Supply chain Real-time Visibility e2e Supply 76

IBM Supply Chain Blog

SEPTEMBER 18, 2023

At the same time, complex and fragmented supply chains can introduce challenges like supply chain compliance and fraud mitigation. Supplier visibility and traceability is growing in importance to help achieve environmental, social and governance (ESG) targets. Additionally, artificial intelligence (AI) plays an important role.

Supply Chain Efficiency 82

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

Let's Talk Supply Chain

JUNE 15, 2023

Will my deliveries reach my customers on time? Creating something from the ground up also needs time. Purchasing last-mile technology nearly always guarantees faster deployment times and reduced capital expenditure. Efficient routing can help reduce delivery time, and fuel costs, and improve overall productivity.

Route optimization 98

Route optimization Real-time Visibility Supply Chain Efficiency Supply Chain Optimization 98

Finale Inventory

JULY 17, 2024

For businesses, managing in-transit inventory is necessary to ensure the smooth flow of goods, maintain customer satisfaction, and optimize operations. Understanding In-transit Inventory To navigate in-transit inventory effectively, it’s important to have a clear understanding of what it entails.

Inventory 52

Inventory Real-time Visibility Purchase orders Supply Chain Optimization 52