The Good Spending

JUNE 15, 2022

It presents industrial buying not as a single event but as an organizational decision-making process where multiple individuals decide on a purchase. New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task.

supply chain budgeting 52

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

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. Resulting in higher purchase costs, errors and inefficiencies. Measuring bespoke purchasing data. Damage to reputation.

Purchasing 32

Purchasing Sourcing Supply Chain Efficiency Suppliers 32

Procurement Insights

DECEMBER 3, 2024

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

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

The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases. Supply Chain has a central and pivotal role, if not the controlling responsibility, for Cash Cycle management.

Agile and Lean Supply Chain 84

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

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. The Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Supply Chain Game Changer

JULY 1, 2021

A PayPal study shows that 43% of shoppers will abandon their carts if hit with high shipping costs, while 84% won’t purchase from a brand again after a single negative delivery experience. Of course, a supply chain upgrade is a major investment that may require you to obtain a working capital loan from reliable lenders.

Supply Chain Efficiency 60

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

Procurement Software

MARCH 7, 2023

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The P2P process deals predominantly with administrative purchasing tasks. What is the difference P2P and S2P?

Sourcing 64

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

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 5, 2024

These modules can be purchased separately or as one complete suite. It promises to assist with improving buyer and supplier collaboration. It is optimised for sourcing raw materials and purchased parts in manufacturing businesses. Automated alerts help you track supplier performance and analysis.

Real-time Visibility 52

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

Claritum

APRIL 25, 2018

In many companies problems can arise when promotional goods are by inexperienced buyers from unapproved suppliers. This can result in the products being purchased across the company having an inconsistent quality, which can be damaging to the companies brand. The benefits of purchasing promotional products.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

Finale Inventory

JULY 18, 2024

With EDI, businesses can transmit and receive electronic documents such as purchase orders, invoices, and shipping notices. For example, a purchase order document may include segments for the buyer’s information, the seller’s information, and the items being ordered.

Data 52

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

Procurement Software

DECEMBER 5, 2022

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The P2P process deals predominantly with administrative purchasing tasks. What is the difference P2P and S2P?

Sourcing 52

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

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

Zycus Cognitive Procurement

FEBRUARY 14, 2022

Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links. You can enable and empower your suppliers with a self-service portal, where they can easily review purchase orders and send invoices.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 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

AUGUST 15, 2019

The benefits of purchasing promotional products. 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. Plus, with this approach to purchases there is no supply chain visibility.

Management 32

Management Procurement Purchasing Sourcing 32

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Supply chain pundits from industry and academia point out that it is possible for businesses to strike a balance between just in time and just in case. In fact, more than 70% of B2B buyers say they are moving to remote or digital purchases. Take out too much inventory, and you add risk. Digitize so you can automate.

Supply chain resilience 52

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

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

Claritum

JULY 5, 2018

True supply chain visibility means delivering real time information to upstream customers and downstream suppliers. Providing at any point in time, a top level view of KPIs, yet at the same time to be able to drill down to a specific item within any one of the many supply chain domains.

Real-time Visibility 36

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