ivalua

MAY 19, 2022

By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked. This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

ivalua

FEBRUARY 25, 2021

Additionally, a purpose-built solution will enable you to measure and monitor buyer adherence to compliance purchasing, ensuring your team is taking advantage of preferred items and reaping the rewards of the contracts you have in place. Point-of-use data capture. Total Cost of Ownership, ERP appears to be cheaper, but is it?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

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. Financial, etc.).

Agile and Lean Supply Chain 173

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

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

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. What Are Industrial Marketing Ideas To Grow Your Business?

Buyers 143

Buyers Real-time Visibility Purchasing Strategy 143

Spend Matters

JANUARY 14, 2025

Approval lead time is another important metric. This aligns closely with the need for real-time visibility and analytics capabilities so that they can integrate procurement data with their other financial systems to enable data-driven decision making.

Real-time Visibility 100

Real-time Visibility Procurement Budget Procurement team 100

ivalua

AUGUST 17, 2021

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. It is not uncommon for organizations to spend time on supplier enablement without achieving a huge amount.

Real-time Visibility 130

Real-time Visibility Suppliers Innovation Contract 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

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. And Hubtek is a tech-enabled talent and automation solutions provider for transportation companies across North America. Check out our other podcasts HERE.

Real-time Visibility 98

Real-time Visibility Price Collaboration Supply Chain Efficiency 98

ivalua

JUNE 29, 2022

In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Through working with immediate and sub-tier suppliers to routinely monitor critical areas for improving sustainability, organisations can ensure they drive real improvements in environmental practices.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

ivalua

DECEMBER 3, 2021

In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Through working with immediate and sub-tier suppliers to routinely monitor critical areas for improving sustainability, organisations can ensure they drive real improvements in environmental practices.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Procurement Tactics

MARCH 27, 2023

Although it always relates to demand and sales projections, forecasting can also be used to determine product pricing, lead times, labor needs, and more. The integration of AI into forecasting improves accuracy, saves more money, and helps businesses react to exceptions in real-time.

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

ivalua

OCTOBER 1, 2020

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. Organizations cannot improve invoice match rates when there is no visibility into the root causes of match failures.

Real-time Visibility 130

Real-time Visibility Networking Supply Chain Efficiency Suppliers 130

Procurement Tactics

NOVEMBER 14, 2022

An example of a Retail Supply Chain from the founder of Procurement Tactics: “In my period as Procurement Manager for Ahold Delhaize, I learned that there is a strong link between the performance of buyers and the supply chain. 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

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 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. . Defining Supply Chain Collaboration. However, this idea turns out to be untrue.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Spend Matters

MAY 29, 2024

It compliments SAP’s P2P process by going beyond SAP’s standard offerings and delivering advanced functionalities, such as real-time visibility into vendor-specific metrics, flexible service entry sheet submission with integrated contract support and streamlined invoice automation.

Real-time Visibility 87

Real-time Visibility Market analysis Buyers Contract 87

Una

OCTOBER 25, 2022

Once the relevant information has been collected, you’ll be able to prioritize how best to direct your resources and time. Instead, they’ll be able to spend more time nurturing the relationships that really matter. Internal buyers consider existing processes to be too tedious and/or confusing.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

Spend Matters

JANUARY 30, 2023

Categories: Procurement Strategy & Planning , Supply Chain Visibility Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Portcast and its solution for cargo tracking. It is a data-first company that prides itself on near-instant updates and exceptional logistics visibility.

Real-time Visibility 78

Real-time Visibility Supply Chain Visibility Procurement strategies Supply chain 78

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

MARCH 28, 2019

The huge growth in the use of technology has been the most visible part of that developing picture. I first saw this term used a few years ago by Philip Ideson, as a title for his website and excellent series of podcasts, and it feels like this may be an idea whose time has come.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

Supply Chain Collaborator

MARCH 16, 2020

Coming at a time when the pandemic is depressing global consumption of oil thanks to plummeting travel plans and shelter in place orders, it seems counter intuitive that demand to move oil would be at record high volumes. By Furnishing Upstream and Downstream Visibility to More Effectively Coordinate with all Facets of the Supply Chain.

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

Supply Chain Game Changer

SEPTEMBER 6, 2022

For example, when a customer orders an item through your online shop, you must ship it to the buyer within a specific time frame to avoid cancellation. If possible, you should also consider investing in warehouse management software to help you track inventory and boost the efficiency of your inventory management processes.

Order Fulfillment 94

Order Fulfillment Supply Chain Efficiency e2e Real-time Visibility 94

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 85

e2e Sourcing Real-time Visibility Contract 85

SCMDOJO

NOVEMBER 20, 2024

Such as: Real-time visibility into stock levels Visibility of stock location and movement When accurate and up-to-date information on the product quantity is available to a particular firm, it dramatically helps a company’s growth and reduces obsolescence. Improves cash flow by reducing working capital requirements.

Inventory 92

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 92

Let's Talk Supply Chain

AUGUST 7, 2022

IN THIS EPISODE WE DISCUSS: [06.41] Erik’s founder story, and the journey that led him to “experience the tension between small suppliers and giant buyers” first hand, and establish Orderful. “I The biggest problem isn’t the technology itself – it’s getting two companies to collaborate to get the job done.”.

supply chain software solutions 98

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

ivalua

SEPTEMBER 19, 2022

Loss of sales and market share are the most visible and measurable impacts. Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud. Increasing Supplier Visibility.

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

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

Spend Matters

DECEMBER 18, 2024

Supply disruptions and market dynamics impacted many companies because they had limited visibility into their supply chains, no structured risk management programs and inadequate mechanisms to monitor markets.

Risk 87

Risk Real-time Visibility Category management Procurement 87

Procurement Heads

JANUARY 30, 2023

I am an IT Buyer and procure software and hardware. IT procurement provides a lot more visibility to senior stakeholders within the business. CIPS is valuable because it allows you to apply your theory to the real world. We practised timed negotiation and this also involved multi-variables such as budget, payment terms etc.

supply chain budgeting 130

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

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. For example, nearly 6.5

Supply Chain Efficiency 98

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

Procurement Tactics

JUNE 26, 2023

Social Media Trends Instagram, TikTok, Facebook, and Pinterest are the best channels that offer real-time trending products to sell. These tips will likely change over time so constant research and informed decisions will play a big part. He has helped me immensely every time I spoke with him. Here are the top 3 tips: 1.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Procurement Heads

JULY 27, 2022

Many buyers who have started their careers in the last 15 years haven’t been exposed to some of the real challenges where the cost of what you buy can rise by 5-10% every year. What we have often seen is that buyers are talking about the savings that they have got, now they are talking about how we mitigate and eliminate the increases.

Buyers 130

Buyers Sustainability Supply chain Procurement 130

ivalua

MARCH 27, 2023

The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. Europe will join Latin America, India, China, and other countries already on the path to real-time tax collection. The time is now – let’s get an action plan together!

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

Supply Chain Game Changer

NOVEMBER 17, 2022

But, in the current international atmosphere of supply chain troubles and widespread shipping congestion, the topic is a timely one. Consider the following real-life applications of how modern businesses employ advanced analytical solutions to navigate the daily challenges of supply chain logistics. Visual Analytics. Perishables.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Efficiency Supply chain Route optimization 92

Procurement Insights

MAY 27, 2024

” By the time Greg Brady and Ranjit Notani began their journey, I had already sold my company and was moving on to my next challenge. Businesses must take an outside-in network view and together serve the end consumer.” Delivery performance and product quality also improved dramatically.)” ” 30

Real-time Visibility 81

Real-time Visibility supply chain software solutions Supply Chain Efficiency e2e 81