Let's Talk Supply Chain

NOVEMBER 7, 2022

It’s not getting better—in fact the performance of each of the three national carriers has steadily declined due to structural issues including poor earnings, supply chain issues and constrained labor. We investigated their online shipping policies and went through the buying process to view shipping options at checkout.

supply chain budgeting 105

supply chain budgeting Supply Chain Optimization Business strategy Logistics 105

Supply Chain Game Changer

MAY 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) Article written for Supply Chain Game Changer by, and permission to publish here provided by, Andrei Klubnikin at at R-Style Lab. trillion on logistics and supply chain within the next five years. Email Address.

Logistics 98

Logistics supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 98

Skill Dynamics

FEBRUARY 2, 2023

As we discussed in our previous blog , market pressures are driving change in both procurement and supply chain functions. The influencing groups Many organizations are looking to eLearning to drive impactful skill development at scale across various teams in supply chain and procurement.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 52

Arkestro

JUNE 25, 2024

Resources / Blog / Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro For the oil and gas industry, the last few years have been anything but easy. Within these touch points are many other varied points.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Innovation Supply chain 52

Procurement Insights

MARCH 20, 2024

The Numbers Don’t Lie Check out the following stats, then tell me why the sales process doesn’t have to evolve or morph into something new and dramatically different: McKinsey & Company echoes this sentiment, stating that two-thirds of the buying process is now done digitally. Regarding the Inc.

Procurement 86

Procurement Leadership Supply chain Buying process 86

SCMDOJO

DECEMBER 14, 2023

Know More About Dante: With over 25 years of professional experience in industrial engineering, operations, and supply chain management, the Business Consultant and Trainer is dedicated to enhancing operational performance for companies in Europe and the Americas.

Sourcing 104

Sourcing Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain 104

The Thomas Blog

AUGUST 24, 2022

A lot of it depends on what type of materials, products, services, or company is needed, but at a high level, the complete industrial buying process actually involves six distinct phases: The buyer defines a need for a product or service. Impact The Industrial Buying Process Before The Sales Funnel. Sounds exhausting?

Buyers 128

Buyers Buying process Suppliers Sourcing 128

Claritum

JANUARY 25, 2019

However, Supply Chain Management technology is beginning to catch on with SMEs, largely because of the significant cost control benefits and the increasing emphasis on control of supply chains and the internationalisation of these supply chains. A seamless and fast procurement process.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

SCMDOJO

DECEMBER 11, 2023

This fosters stronger collaborations, encourages accountability, and ensures a more reliable and resilient supply chain. These reports are vital to optimize the overall efficiency and effectiveness of an organization’s supply chain function. Download Free Supplier Performance Report 3.

Supply Chain Efficiency 21

Supply Chain Efficiency Purchase orders Procurement Bidding 21

Supply Chain Game Changer

JANUARY 30, 2020

Subscribe to Supply Chain Game Changer. “We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

Spend Matters

OCTOBER 4, 2024

Intake may help automate and open the proverbial front doors, but procurement must then both create a great experience inside the door and engage stakeholders to help guide and orchestrate their buying processes, rather than sitting and waiting for late-stage requests when value creation levers are less available.

Sustainability 112

Sustainability Spend management Real-time Visibility Supply Chain Optimization 112

Supply Chain Game Changer

JANUARY 21, 2020

Subscribe to Supply Chain Game Changer. Below I’d like to take a deeper dive into 3 particular processes in modern procurement, that are increasingly hot topics, but are causing confusion and ambiguity; especially considering they are processes that are becoming heavily impacted by emerging technology. Subscribe Here!

Procurement 87

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 87

The Thomas Blog

JULY 11, 2022

Buy: Expedite The Buying Process With Our New In-Platform Check-Out Tools. Get your job done faster by eliminating the red tape of negotiating terms with the ability to buy from more than 10,000 suppliers. Credit or debit card. Bank account. Available spend from a Xometry Advanced Card. Protection and Control.

Sourcing 52

Sourcing Buying process Suppliers Buyers 52

Procurement Insights

OCTOBER 26, 2023

In order to streamline the implementation process and justify the licensing and implementation costs, there was a general belief that reducing the number of suppliers to the few who could readily interface with the new centralized system would generate volume discount savings and streamline the buying process.

Change management 69

Change management Management Contract Buyers 69

Positive Purchasing

DECEMBER 6, 2023

Inevitably, there are some supply chains that are riskier than others. So we focus our resources where there are labour intensive processes in a country where governance gaps exist, or where there is low regulatory enforcement for human and environmental rights. To do this, you need open and honest dialogue.

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

Supply Chain Game Changer

SEPTEMBER 29, 2020

Subscribe to Supply Chain Game Changer. The vanilla approach to purchasing meant that we were applying a lot of buying processes generically to our great disadvantage even though the 80/20 rule could have been applied. We established an “A” Class Buying team. Subscribe Here! Email Address.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

EazyStock

FEBRUARY 11, 2021

Supply chain transparency and digitalization. While there are strategies to reduce price sensitivity, eCommerce businesses also need to have lean and efficient supply chains to keep their cost of sale to a minimum and sustain competitive prices. How is multi-channel shopping complicating supply chains?

Inventory 52

Inventory Supply Chain Efficiency Management Supply Chain Optimization 52

The Thomas Blog

JUNE 22, 2022

Today's buying process begins on the internet. What makes sense to an engineer might sound like gibberish to a CFO, while if a supply chain specialist comes across messaging aimed at a company president, it’s not that they wouldn’t know what it was talking about — they probably just wouldn’t care. Finance Managers.

Buyers 64

Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

Claritum

NOVEMBER 16, 2018

The focus should be on automating the buying process from a user/departmental perspective. The user needs to focus on the specific details of any purchase: if procurement is involved, in a direct line in the process, this will be a very inefficient purchase process. Supply chain optimisation.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Supply Chain Game Changer

NOVEMBER 16, 2018

“We are a Supply Chain Services Company,” I was told. “If we are truly a Supply Chain Services Company, then why is our Inventory Turnover only at 7?”, I needed to meet with the company leaders in the Supply Chain function quickly. appeared first on Supply Chain Game Changer™.

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43

Procurement Software

FEBRUARY 20, 2024

It uses machine learning methods to provide a “360° view” of supply chains, benchmarking suppliers globally and providing detailed analytics and evaluations of possible vendors. Daato targets companies with complex supply chains and operations. Daato consolidates these workflows into a unified platform.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Supply Chain Game Changer

MAY 8, 2019

Subscribe to Supply Chain Game Changer. Below I’d like to take a deeper dive into 3 particular processes in modern procurement, that are increasingly hot topics, but are causing confusion and ambiguity; especially considering they are processes that are becoming heavily impacted by emerging technology. Subscribe Here!

Procurement 50

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 50

Finale Inventory

APRIL 12, 2022

Having a clear picture of your supply chain and how many of your customers are converting will help you have enough inventory. Improved customer relations: The ability your customers have to communicate with you throughout the buying process because of your order management system will improve your relationship with them.

Management 52

Management Inventory Order Fulfillment Real-time Visibility 52

Supply Chain Game Changer

NOVEMBER 9, 2018

Again, Customers want unlimited flexibility and choice at all stages of their omni-channel buying process. appeared first on Supply Chain Game Changer™. If an item is to be exchanged they may want to pick it up at a store right away or they may be happy to wait for a replacement item to be shipped to them.

Distribution channels 43

Distribution channels Networking Inventory Leadership 43

Zycus Cognitive Procurement

NOVEMBER 16, 2021

Organizations are looking to CPOs to take on broader and deeper strategic initiatives to create a future proof supply chain. Zycus’ AI-based Merlin for eProcurement can free you from the tactical buying process, is capable of flipping a requisition to PO using just a single click.

Procurement 40

Procurement Eprocurement Agile and Lean Supply Chain Supply Chain Efficiency 40

Finale Inventory

JUNE 29, 2022

It could be because the supplier is unreliable or they ran into an issue out of their control with the supplies they need. A supply chain has a lot of moving pieces and does not always work as seamlessly as you hope, which is why it is important to plan for all types of scenarios. Automating Processes. Customer Loyalty.

Inventory 52

Inventory supply chain software solutions Demand Price 52

Claritum

AUGUST 4, 2020

The focus should be on automating the buying process from a. details of any purchase: if procurement is involved, in a direct line in the process, this will be a very inefficient purchase process. and development of plans: Analysing and quantifying value chains. Supply chain optimisation.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Supply Chain Game Changer

NOVEMBER 24, 2018

Many buyers are familiar with the frustration of losing their wish lists and carts when they choose to continue their buying process on another device. A seamless experience which syncs these channels gives the customer a level of convenience and personalization that positively impacts their buying decisions.

Buyers 43

Buyers Purchasing Data Price 43

Spend Matters

FEBRUARY 8, 2024

Dr. Elouise Epstein, one of the preeminent experts on digital procurement and how it affects supply chains, also cites orchestration as one of the coolest things to happen in procurement in the last year. Full visibility Visibility across procurement processes is important for a number of reasons.

Procurement 107

Procurement Agile and Lean Supply Chain Buying process Supply Chain Efficiency 107

HICX

JULY 4, 2022

Anyone who works in Procurement and Supply Chain will be aware of the level of change industries have been through in the past few years. All of these factors have made Procurement and Supply Chain an incredibly exciting place to be.

Procurement 52

Procurement Chief Procurement Officer Supplier relationship management Suppliers 52

IBM Supply Chain Blog

JANUARY 17, 2024

Furthermore, they help customers track orders and check on their shipped items, adding transparency and trust to the buying process. Online sellers like Amazon have extended chatbot automation to refund and exchange processes, streamlining operations and reducing manual intervention throughout the sales journey.

Buying process 60

Buying process Budget Data Price 60

Spend Matters

FEBRUARY 19, 2025

Carbon management solution providers can help to identify pain points along the value chain and provide intelligence on specific supply chains and vendors. Now, ethical financing for purchases and investments plays a role in the buying process. This content is for members only.

Sustainability 102

Sustainability Supply Chain Efficiency Ethics Market analysis 102