SCMDOJO

MARCH 7, 2023

But in case you haven’t come across it yet, let us briefly touch on what it is and its concept regarding supply chain management and what Transactional Process Improvement Kaizen really is. The Kaizen philosophy has become popular in many industries, including supply chain management.

Agile and Lean Supply Chain 118

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 118

Let's Talk Supply Chain

AUGUST 14, 2023

  Today I’m joined by Osa Commerce , an innovative software provider that is on a mission to tackle data chaos in the supply chain. Throughout my career, I have successfully led GTM strategies, built strong brands, and managed high-growth teams. The customer is demanding much more, they want everything fast!…

supply chain software solutions 98

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

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

Jaggaer

OCTOBER 24, 2024

The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships Artificial Intelligence plays a powerful role in effective supplier collaboration. It provides valuable insights, improves supplier management, and facilitates stronger and more profitable supplier relationships.

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

Let's Talk Supply Chain

JUNE 5, 2023

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. 09.56] What has, and hasn’t, changed in the last five years, and a look at today’s key challenges and trends. “I

supply chain budgeting 59

supply chain budgeting supply chain software solutions Supply Chain Optimization e2e 59

IBM Supply Chain Blog

JULY 26, 2023

Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. Learn more about IBM Planning Analytics What is Zero-Based Budgeting?

Budget 56

Budget Data Cost optimization Collaboration 56

IBM Supply Chain Blog

OCTOBER 19, 2023

According to Gopal Chandak, FP&A Leader at Landmark, “The consolidation of the financial budget, cost allocation methods and standardization of common records posed as major obstacles. Because of this, the budgeting process was inefficient.

Budget 91

Budget Data Change management Innovation 91

ivalua

JUNE 14, 2023

People: Engaging Stakeholders and Nurturing Change Engaging stakeholders early in the implementation process is crucial for gaining their support and supporting the change management process. Everyone is a contributor to change management A successful implementation engages everyone in the change management effort.

Procurement 239

Procurement Change management supply chain budgeting Supply Chain Optimization 239

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Subscribe Here!

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

TYA Suite

NOVEMBER 5, 2024

In recent years, artificial intelligence (AI) in procurement has emerged as a game-changer, redefining how organizations manage their supply chains, purchasing decisions, and. Cost Reduction and Spend Analysis One of the primary goals of procurement is to reduce costs without compromising quality.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Procurement team supply chain budgeting 40

Finale Inventory

AUGUST 20, 2024

Inventory management is a key element of running a successful ecommerce business. Effective inventory management practices can help prevent stockouts, reduce costs , and enhance customer satisfaction. Managing inventory in ecommerce involves more than just stocking the right products.

Supply Chain Efficiency 52

Supply Chain Efficiency Inventory Real-time Visibility Management 52

Solvoyo

NOVEMBER 7, 2018

Supply Chain is a core business function tasked to manage multiple business operations such as production, inventory, order fulfillment, and transportation simultaneously. In fact, the supply chain people are expected to be super-heroes. How can they manage all this simultaneously?

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 40

IBM Supply Chain Blog

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. It typically focuses on achieving dramatic, transformative changes to existing processes.

Supply Chain Efficiency 57

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 57

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. What are the company's goals for growth, cost reduction, sustainability, innovation etc?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

MAY 23, 2024

The goal of supplier consolidation is to streamline procurement processes, reduce costs by leveraging economies of scale, strengthen relationships with top-performing suppliers, and drive performance improvements through better coordination. This enables data-driven supplier management and performance optimisation.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

TYA Suite

JULY 17, 2024

Utilizes data analytics and market intelligence to optimize category performance and mitigate risks. Incorporates digital procurement strategies to track and report sustainability metrics across the supply chain. Effective execution demands robust project management, stakeholder engagement, and change management practices.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

Supply Chain Game Changer

FEBRUARY 12, 2020

Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! . Why have so few companies adopted a TMS (Transportation Management System) solution? Many years ago I started a Supply Chain Services business as a new service within the company. Subscribe Here! Email Address.

Real-time Visibility 76

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

TYA Suite

SEPTEMBER 25, 2024

Effective procurement risk management involves identifying, assessing, and mitigating these risks to ensure smooth operations. By implementing robust procurement risk management strategies, organizations can minimize disruptions, secure favorable terms, and maintain supply chain stability.

Risk 40

Risk Strategy Procurement Supply Chain Efficiency 40

World of Procurement blog

MAY 10, 2024

Predicting future spend : By analyzing historical spend data, AI algorithms can create spending forecasts, predict seasonal demand changes, and model the impact of external factors on budgets. Supplier Management with AI AI is transforming how procurement teams evaluate, select, and manage suppliers.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

TYA Suite

NOVEMBER 15, 2024

This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. 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 Optimization 40

IBM Supply Chain Blog

DECEMBER 4, 2023

Companies large and small are increasingly digitizing and managing vast troves of data. ERP systems like Oracle’s streamline business processes and reduce costs, leveraging information to help organizations make better decisions in rapidly changing landscapes. Which Oracle modules will my organization adopt?

Supply Chain Efficiency 71

Supply Chain Efficiency supply chain budgeting supply chain software solutions Data 71

TYA Suite

SEPTEMBER 15, 2024

ERP systems are designed to centralize and automate various business processes, providing a unified platform for managing resources, finances, operations, and supply chains. This integration ensures that procurement decisions are aligned with inventory needs, reducing costs and improving operational efficiency. :

Procurement 40

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

Una

OCTOBER 9, 2023

How to Implement a Strategic Sourcing Process A play-by-play manual showing how to implement a strategic sourcing process that aligns with your organization’s goals, optimizes spend, and creates long-term value. By proactively addressing risks, organizations can safeguard their supply chains and drive efficiencies.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Pipefy

MAY 22, 2024

A common misbelief is that lowering costs begins and ends with negotiating a lower initial purchase cost, but optimizing TCO requires a more big-picture strategy. Follow these suggestions to improve total cost of ownership. Invest in change management and employee training.

Cost of ownership 52

Cost of ownership Purchasing supply chain software solutions Supply Chain Optimization 52

Strategic Sourceror

JUNE 21, 2022

A McKinsey report shows that two-thirds of all ERP transformation projects have a negative ROI and three-quarters of them fail to stay on budget and end up taking far l onger than expected. This isn't an uncommon phenomenon either. 3 Success Tips for ERP Implementation 1. Brought to you by the StrategicSourceror.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Strategic sourcing Strategic sourcing 52

Solvoyo

DECEMBER 9, 2020

However, Project Management Institute (PMI) reports that 14% of IT projects fail outright before completion, 31% fail to meet their goals after completion, 43% exceed their budgets, and 49% are late. . Furthermore, it exposes process change issues and change-management requirements to increase the chance of success of any IT project.

Purchasing 52

Purchasing supply chain software solutions Supply Chain Optimization supply chain budgeting 52

IBM Supply Chain Blog

APRIL 19, 2023

Through the formation of this group, the Assessment Services division discovered multiple enterprise resource planning instances and payroll systems, a lack of standard reporting, and siloed budgeting and forecasting processes residing within a labyrinth of spreadsheets. It was chaotic.

Data 81

Data Budget Project management Risk 81

IBM Supply Chain Blog

JUNE 30, 2023

Asset management is no exception— according to IDC , 30% of organizations are strategically addressing digital transformation in enterprise asset management (EAM) solutions with a view to longer-term change management. Other features like vendor and inventory management, reporting, analysis (e.g.,

Management 60

Management supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 60

Finale Inventory

JULY 16, 2024

With customers expecting rapid order fulfillment and seamless delivery, businesses must maintain optimal stock levels and prevent stockouts that lead to dissatisfied customers. Regular cycle counts enable companies to identify and address discrepancies, reduce shrinkage, and enhance overall inventory accuracy.

Inventory 52

Inventory Supply Chain Optimization Supply Chain Efficiency Quantity 52

Empowering CPO

JUNE 25, 2023

Whether you’re a procurement professional looking to improve your processes, a business leader seeking to optimize your spending, or simply someone interested in understanding the intersection of procurement and technology, this blog post has something for you. Globalization has made supply chains more complex and harder to manage.

Procurement 52

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

Empowering CPO

JUNE 14, 2023

Market volatility, globalization, and changing customer expectations have made procurement more complex than ever before. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

NOVEMBER 8, 2018

Many years ago I started a Supply Chain Services business as a new service within the company. The fundamental premise was that we had great Supply Chain expertise, tools, systems and processes which we could easily offer to customers. One of the services that was very compelling was our Freight Management service.

Real-time Visibility 43

Real-time Visibility Management Supply Chain Optimization supply chain budgeting 43

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. Business process management examples BPM can help improve overall business operations by optimizing various business processes.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

IBM Supply Chain Blog

JUNE 21, 2023

Costs For private data centers, IT staff, energy and cooling costs can consume much of the limited budget allocated to what’s typically deemed a non-value-added cost to the organization. Without visibility over warranty information, money may be needlessly spent on components that may have otherwise been covered.

Data 65

Data Management Real-time Visibility Sustainability 65

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. Through the process, they tackled strategic sourcing challenges related to spend management, strategic sourcing, supplier management, contracting, and change management.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Software

JUNE 13, 2023

Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place. It serves the needs of purchasing managers, procurement professionals and senior buyers. It enables users to allocate, manage and monitor budgets.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52