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

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

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

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

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

Procurement Software

FEBRUARY 20, 2024

Spendkey is one of few spend analytics platforms which also offer transparent pricing on their website. Weproc aims to facilitate the management of Purchase Orders and invoices through a simple and efficient interface. It boasts a clear, ergonomic and efficient interface, along with readily available support.

Supply Chain Efficiency 59

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

Supply Chain Game Changer

JANUARY 21, 2020

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. Let’s make a change before it hinders procurement from making a true impact across all business areas in the value chain. appeared first on Supply Chain Game Changer™. Subscribe Here!

Procurement 87

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 87

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

Procurement Insights

OCTOBER 26, 2023

I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. The problem is that batch-based supply-chain tools “can’t support swift resolution of supply chain glitches.” Back To Square One?

Change management 69

Change management Management Contract Buyers 69

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

With Procurement behind the drive for sustainable/ethical supply of goods and services to efficiently and effectively support the operations of the organisation. Within this environment, the Procurement has to remain focused on maximising financial results associated with the supply and use of goods and services.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

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. This makes your entire workflow more efficient and decreases miscommunication and other errors. Too much inventory will cost you money on the extra product you bought but can’t sell.

Management 52

Management Inventory Order Fulfillment Real-time Visibility 52

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

Supply Chain Game Changer

MAY 8, 2019

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address. Hey Procurement! It’s Time to SELL! From one Procurement organization to the next, terminology differs.

Procurement 50

Procurement Supplier relationship management Eprocurement Supply Chain Efficiency 50

Claritum

AUGUST 4, 2020

Procurement behind the drive for sustainable/ethical supply of goods and services to efficiently and effectively support the operations of the. maximising financial results associated with the supply and use of goods and services. The focus should be on automating the buying process from a. supply value chain.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

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. Planning Ahead.

Inventory 52

Inventory supply chain software solutions Demand Price 52

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. Instead, orchestration is a way to connect and coordinate people, processes and systems across an organization.

Procurement 107

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

IBM Supply Chain Blog

JANUARY 17, 2024

They offer limited flexibility but are quick and efficient tools for simple tasks. AI-powered bots leverage machine learning and NLP ( natural language processing ) to understand prompts and context. The wide array of chatbots in the market today showcases the versatility and efficiency these tools bring to different industries.

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