Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 64

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

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

Procurement Software

DECEMBER 5, 2022

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?

Sourcing 52

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

The Good Spending

JUNE 15, 2022

New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task. Modified Rebuy A buyer wants to replace or amend a product used in the organization. Straight Rebuy The buyer routinely reorders a product with no modifications.

supply chain budgeting 52

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

Claritum

APRIL 25, 2018

However, it is important for companies to manage the process of sourcing promotional goods effectively. In many companies problems can arise when promotional goods are by inexperienced buyers from unapproved suppliers. Source: PPAI Sales Volume Study Summary. Source: PPAI 2017 Consumer Study Summary. Single source.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

Procurement Software

MAY 9, 2022

All the while, Procurement and Sourcing teams have been left to fend for themselves, and forge their own way forward, with homegrown solutions. 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.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

All the while, Procurement and Sourcing teams have been left to fend for themselves, and forge their own way forward, with homegrown solutions. 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.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 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

Claritum

FEBRUARY 4, 2020

Bespoke requirements - key sourcing issues. Sourcing Bespoke requirements the right way. Sourcing of bespoke requirements needs to be managed effectively within an Organisation. 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

Arkestro

OCTOBER 29, 2023

After all, more data sources doesn’t necessarily mean better or cleaner data to strategize from. Diversifying suppliers, implementing supply chain visibility tools, and monitoring supplier performance are all crucial for banishing any lingering fears about supply chain’s effect on the procurement process.

Procurement 52

Procurement Procurement team Supplier relationship management Supply Chain Optimization 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. With such a powerful tool, there is a temptation to use it for almost every business need.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

Procurement Software

MARCH 5, 2024

At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management. It promises to assist with improving buyer and supplier collaboration. The platform assists you in finding available parts.

Real-time Visibility 52

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

Zycus Cognitive Procurement

FEBRUARY 14, 2022

For instance, if a supplier is using unethical sourcing techniques, like employing children, it could speak to what you condone as an organization. Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Claritum

FEBRUARY 4, 2020

Sourcing of bespoke requirements needs to be managed effectively within an Organisation. 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. 2: Bespoke requirements - key sourcing issues.

Purchasing 32

Purchasing Sourcing Supply Chain Efficiency Suppliers 32

Supply Chain Opz

JULY 7, 2014

Under this program, they source products directly from small or medium-sized farmers. Having own stores mean they can have better understanding about buyer behavior so they can adapt more rapidly. 3) Contract Manufacturing Walmart is best known for EDLP (Everyday Lowest Price) strategy.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex. Commit to the long game.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 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. With such a powerful tool, there is a temptation to use it for almost every business need.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Suppliers 40

Claritum

AUGUST 15, 2019

Problems with current sourcing methodologies. Sourcing the right way for Promotional goods and services. However, it is important for companies to manage the process of sourcing promotional goods effectively. 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

Finale Inventory

JULY 18, 2024

For example, a purchase order document may include segments for the buyer’s information, the seller’s information, and the items being ordered. By implementing EDI, you can reduce manual data entry errors, improve order processing times, and enhance overall supply chain visibility.

Data 52

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

Supply Chain Brain

MARCH 26, 2018

In addition to obvious elements such as the price of materials and labor, the correct decision must take into account such factors as weather, tariffs and border taxes, political and economic instability in source countries, and the impact of travel restrictions and visa charges on global talent.

Price 40

Price supply chain software solutions Supply Chain Optimization Buyers 40

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

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. The integration of blockchain and AI further strengthens supply chain transparency and helps address issues such as counterfeit goods.

Logistics 52

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