ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. Suppliers can support company growth as part of the Amrest procurement journey. To streamline activity, all regular services and shipments could be entered into the system annually, rather than weekly.

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

SCMDOJO

APRIL 11, 2025

In particular, the integration of Shopify CRM, about which you may read here [link] , is turning out to be an important tactic for businesses that aspire to harmonize their supply chain operations with timely customer insight, personalized service, and elastic fulfillment. Check out this course by Vera Rozanova!

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 52

Procurement Insights

APRIL 9, 2025

Enhanced Adaptability to Dynamic Environments Challenge : Traditional equation-based models fail to respond to real-time disruptions (e.g., Example : Agents from a manufacturer and Tier 1/2 suppliers jointly resolve component shortages by redistributing inventory in real time. 3-way invoice matching).

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Agile and Lean Supply Chain 52

TYA Suite

NOVEMBER 15, 2024

In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. From reducing fraud to improving and automating contract management, blockchain is shaping the future of procurement in ways previously unimaginable.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 40

Jaggaer

FEBRUARY 5, 2025

These four steps constitute the downstream procure-to-pay part of the process. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility. Getting buy in is essential.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Una

OCTOBER 31, 2023

Change Management Tips for Procurement Professionals Practical change management tips for overcoming resistance from stakeholders and getting your procurement changes to stick for good. Unfortunately, implementing changes in procurement can be a bit like that.

Change management 52

Change management Management Procurement Leadership 52

Procurement Leaders

JUNE 1, 2022

Five years ago, global logistics company UPS’s procurement function was far from playing a strategic role. Delivering on these ambitious goals required the team to implement a dramatic overhaul of the procurement function that would bolster its capabilities and help cement a new relationship with the wider organisation.

Procurement 130

Procurement Strategic sourcing Strategic sourcing Leadership 130

Procurement Software

MAY 16, 2023

Buying Procure-to-Pay software (P2P) can bring huge benefits to your business. Having a single platform for the entire procurement process is not only a simple and efficient way to work. It can liberate procurement professionals by automating much of the drudgery zone of administrative and operational procurement.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

ivalua

SEPTEMBER 19, 2022

Loss of sales and market share are the most visible and measurable impacts. Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Increasing Supplier Visibility.

Risk management 130

Risk management Supply Chain Efficiency Supply Chain Optimization Risk 130

Procurement Heads

JULY 19, 2023

For our latest CPO Spotlight, Stephen spoke with Sagar Bhardwaj , Head of Practice – Consumer, about what has changed for him professionally since he last spoke with Procurement Heads. How much has changed for you professionally since your last Head2Head with us? How much has procurement changed since you first entered?

Real-time Visibility 130

Real-time Visibility Import Procurement Sustainability 130

Una

APRIL 11, 2023

Advantages and Disadvantages of ERP Systems Discover the advantages and disadvantages of utilizing ERP systems to drive efficiencies and cost savings in procurement. They also typically provide analytics and reporting tools that allow managers to monitor performance and make data-driven decisions in real time.

supply chain software solutions 98

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

World of Procurement blog

MAY 20, 2024

Contract lifecycle management (CLM) software has become an invaluable tool for procurement teams looking to optimize their contracting processes. A dedicated CLM platform provides the automation, control, and analytics procurement teams need to maximize the value of contracts while minimizing risk.

e2e 52

e2e Real-time Visibility Procurement Contract 52

World of Procurement blog

MAY 10, 2024

The Promise of AI for Procurement Teams Artificial intelligence (AI) has the potential to transform and revolutionize procurement processes. By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Game Changer

FEBRUARY 12, 2020

Why have so few companies adopted a TMS (Transportation Management System) solution? There are tremendous benefits but there are obstacles, real or perceived, that get in the way. And they would not have the end to end supply chain visibility that can come with a TMS. Supply Chain as a Service (SCaaS)! . Loss of Control.

Management 76

Management Real-time Visibility Supply Chain Optimization supply chain budgeting 76

Let's Talk Supply Chain

JULY 27, 2022

Let’s Talk Supply Chain gives them a platform to share what drives them and how they are igniting real progress at their organizations. We celebrate their breakout achievements and the beginnings that positioned them for their recent success stories, ushering change at businesses across the global supply chain.

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Supply 115

SCMDOJO

JULY 24, 2023

Let’s take a closer look at these stakeholders and their roles: Shippers: Shippers are businesses that produce or procure goods and require them to be transported to their intended destinations. They can be businesses or individual consumers who expect their orders to be delivered in a timely manner and in good condition.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Empowering CPO

JULY 5, 2023

Introduction Welcome to our exploration of a fascinating convergence shaping the future of business operations: the intersection of technology and managed procurement services. Before we dive in, let’s first set the stage by discussing EmpoweringCPO, a leader in the field of managed procurement services.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

World of Procurement blog

MAY 8, 2024

What is Procurement? Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Barkers Procurement

OCTOBER 9, 2023

VBG embarked on a company wide transformation programme, which would see the centralisation and digitisation of its (P2P) supplier and expense management processes and systems. Solution To achieve our client’s objectives, we provided senior procurement and technical practitioners, supplementing the in-house ERP/P2P platform architects.

Real-time Visibility 52

Real-time Visibility Project management Change management Risk management 52

Procurement Insights

AUGUST 30, 2023

They say that, like truth, good ideas stand the test of time. Considered to be a breakthrough assessment of the purchasing industry at the time, I felt that there were several gaps in the study. The right technology will enable enterprise-wide supply management, external supply chain visibility, and internal and external collaboration.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

IBM Supply Chain Blog

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. By establishing standardized workflows and decision rules, BPM streamlines the claims process by reducing processing times and minimizing errors.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

Jaggaer

OCTOBER 24, 2024

Though the introduction of AI into our everyday lives is relatively new, its abilities meet critical needs, enhances efficiencies, and allows procurement professionals to avoid being bogged down by mundane tasks. Supplier Relationship Management (SRM) relies on understanding which suppliers are most critical.

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

Claritum

MAY 2, 2019

Claritum Article - Procurement Blog. Key transactional areas of Procurement. Strategic focus areas of Procurement. If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? 2 Key transactional areas of procurement. Change management.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

Pipefy

JANUARY 11, 2023

The need for efficient and error-proof procurement processes has never been greater. Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . What is procurement transformation?

Strategy 52

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

Empowering CPO

JUNE 25, 2023

Understanding Procurement and its Business Significance At the heart of every thriving business is an effective and efficient procurement process. Procurement, in its simplest form, is the process by which businesses acquire the goods, services, or works they need from external sources. Introduction A.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

SCMDOJO

MAY 13, 2022

A good way to understand longer end-to-end transit times which under the current scenario have increased dramatically on most of the major trade lanes is to take a closer look at where delays are more likely to happen. The extreme need to traverse these nuances has propelled logistics companies to develop new solutions and expand services.

Supply Chain Optimization 83

Supply Chain Optimization Supply chain Real-time Visibility e2e 83

Empowering CPO

JUNE 14, 2023

Brief Overview of Procurement Welcome to our deep dive into the world of procurement. But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. This is especially true in procurement, where the landscape is rapidly evolving. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

World of Procurement blog

MAY 23, 2024

Supplier consolidation refers to the strategy of reducing the total number of suppliers that a company deals with and instead focusing procurement spending on a select few preferred suppliers. This reduces administrative costs of procurement. To leverage procurement data and insights by consolidating spend across fewer suppliers.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Procurement Software

APRIL 25, 2023

This blog post is based on a video interview I gave about digital procurement back in January in Dubai with Dr. Muddassir Ahmed of SCMDOJO. Why procurement technology’s growth is not with enterprise suites Procurement technology is no longer the sole preserve of large enterprises. Change management is key.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

TYA Suite

SEPTEMBER 15, 2024

Companies increasingly turn to innovative systems to improve their procurement operations, increase efficiency, and cut expenses. Among these solutions, procurement ERP (Enterprise Resource Planning) stands out as a game changer. Procurement ERP refers to integrating procurement functions within an enterprise resource planning system.

Procurement 40

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 40

Procurement Software

APRIL 18, 2023

These negotiations take place in real time, with all prospective suppliers at once. This saves buyers not only money, but hours of conversation time. Live, and within an allotted time period, suppliers lower their prices against the nearest competitor in order to win your business.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. Advantages of digital procurement systems The digital transformation of procurement processes offers numerous advantages to businesses.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. In one of the old article of SCMDOJO “ What is Supply Chain Management ? and J-P Rodrigue (2004)). The idea of ??working

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

TYA Suite

SEPTEMBER 25, 2024

Procurement is a vital activity in any firm, responsible for procuring goods and services efficiently and cost-effectively. Effective procurement risk management is essential to ensure smooth operations and safeguard the organization’s interests. Operational risks can cause inefficiencies, delays, and higher costs.

Risk 40

Risk Strategy Procurement Supply Chain Efficiency 40

HICX

DECEMBER 15, 2022

For this episode of the Supplier Experience Live Podcast, we were joined by David Yarkin , Founder and CEO of Procurated , and a former CPO. David is a procurement practitioner who has spent nearly twenty years working in a number of organizations both in the public and private sectors. Digital transformation in procurement.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Advancement of Processes and Systems Is Key to the Future of Supply Chain Management. These skills gaps were forged in a time when manufacturing and supply chain management were seen as dirty, unforgiving professions. How Developers and Supply Chain Executives Can Protect the Future of Supply Chain Management.

Supply chain 60

Supply chain Supply chain management Supply chain management Real-time Visibility 60

Supply Chain Game Changer

SEPTEMBER 17, 2019

Most supply chain leaders recognize that it’s an incredibly exciting time to be working in the field. At the same time, they must also develop strategies to significantly advance their capabilities in anticipation of overcoming their issues with the basics. You would measure lead time in days or even weeks. Mike Mortson.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59