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

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. Gathering files from multiple parties led to discrepancies due to varying versions of software and different levels of user expertise.”

Budget 91

Budget Data Change management Innovation 91

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

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

The Procuretech Podcast

OCTOBER 3, 2022

In this episode, we're going to extend that a little bit and talk about supply chain. Democratising Supply Chain Training - Dr. Muddassir Ahmed from SCM Dojo . Today's guest is a big personality in the supply chain space: Dr. Muddassir Ahmed, CEO of SCM Dojo. . He then moved to the UK for a PhD scholarship.

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supply chain software solutions supply chain budgeting Supply chain Supply 40

Procurement Software

JUNE 13, 2023

There doesn’t seem to be a month go by without a new solution coming onto the market offering eSourcing software as part of their offering. Knowing which solution is suited to your business and level of procurement maturity is a minefield. Which eSourcing solutions are best suited to mid-market businesses?

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supply chain software solutions Contract management Contract Sourcing 52

IBM Supply Chain Blog

NOVEMBER 10, 2023

Once your business has decided to switch to an enterprise resource planning (ERP) software system, the next step is to implement ERP. For a business to see the benefits of an ERP adoption it must first be deployed properly and efficiently by a team that typically includes a project manager and department managers as well.

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supply chain software solutions Data Supply Chain Efficiency supply chain budgeting 113

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!

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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

The Procuretech Podcast

OCTOBER 12, 2022

From CPO to Advising Startups - Joanna Martinez from Supply Chain Advisors. She spent the first third of her career in supply chain roles for Johnson and Johnson. It's about change management and disruption and making sure that change gets adopted within the workplace. That's the Holy Grail, isn't it?

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supply chain budgeting supply chain software solutions Supply chain Supply 40

The Procuretech Podcast

OCTOBER 10, 2023

In the first section, he discusses fundamental challenges and opportunities in procurement, highlighting the change management process during digital transformations as a significant hurdle. 00:06:18] Change management and communication. [00:09:13] 00:22:03] Tech companies cutting marketing budget. [00:25:48]

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supply chain software solutions Stakeholder engagement supply chain budgeting Supply Chain Efficiency 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. It also reduces the risk of overstocking, which ties up valuable capital and warehouse space.

Supply Chain Efficiency 52

Supply Chain Efficiency Inventory Real-time Visibility Management 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.

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Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

IBM Supply Chain Blog

APRIL 13, 2023

Some organizations are looking to improve business operations by moving from legacy ERP to SAP S/4HANA®, SAP’s next-generation ERP software, while others want to replace manual processes with AI and automation. Do you need to move data to the cloud while ensuring its integrity, security and compliance?

Change management 75

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Procurement Software

APRIL 25, 2023

Therefore, now is the time for all businesses to embrace the benefits of digital procurement software. But getting on board with digital transformation no longer means investing in one big software solution. Smaller, targeted solutions can add value to your business in many ways. Change management is key.

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

Procurement Software

MARCH 7, 2023

Key advantages of using Procure-to-Pay and Source-to-Pay technology Hard Cost Savings Value Drivers Possible Disadvantages of using P2P and S2P software Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? What is P2P in procurement?

Sourcing 64

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

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

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?

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IBM Supply Chain Blog

APRIL 25, 2024

Successful implementation of BPR requires strong leadership, effective change management and a commitment to continuous improvement. Leaders, senior management, team members and stakeholders must champion the BPR initiative and provide the necessary resources, support and direction to enable new processes and meaningful change.

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World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. In summary, procurement is a strategic function focused on maximizing value, reducing costs, and building competitive advantage.

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Zycus Cognitive Procurement

JANUARY 24, 2023

As per the experts “ PLAN for 2023 requires a synergy between people, process and technology aspects.” Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments.

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Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Third party risk management. Supplier innovation.

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Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Barkers Procurement

DECEMBER 1, 2022

As an organisation, ask yourself the following questions: Do we have a full and transparent understanding of our supply chain? What are the risks within the supply chain? Budget holders spending without the autonomy to do so? What budget can we commit towards this P2P transformation project and is it ring-fenced?

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supply chain software solutions Supply Chain Efficiency supply chain budgeting Budget 52

Procurement Software

DECEMBER 5, 2022

Possible Disadvantages of using P2P and S2P software. Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? We’ll cover the plethora of software solutions available to handle the entire P2P process or its specific steps later.

Sourcing 52

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

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.

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Risk Strategy Procurement Supply Chain Efficiency 40

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

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. Procurement ERP software often includes SRM modules that enable businesses to manage supplier information, evaluate performance, and maintain strong.

Procurement 40

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

IBM Supply Chain Blog

JUNE 30, 2023

The growing complexity and scale of operations across industries and the need to track, monitor and manage assets, have been driving the evolution of advanced asset management software. A CMMS automates critical asset management workflows and makes them accessible and auditable. Let’s explore these in more depth.

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

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

Procurement Software

MARCH 11, 2022

Typically, the value that a procurement professional contributes to a business can usually be measured either in: Hard cost savings, or; Other, less tangible but equally important forms of value: Cost avoidance. Sustainability initiatives within the supply chain. Third party risk management. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

Pipefy

MAY 22, 2024

During this time, they’re considering the immediate and long-term costs associated with whichever software they choose. Invest in change management and employee training. Quiet costs that can occur when implementing a new system, tool, or software are those associated with adoption and change management.

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

Supply Chain Game Changer

JUNE 2, 2020

Subscribe to Supply Chain Game Changer. At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “ Seasoned Leadership in Action ™” Interview series at Supply Chain Game Changer.

Leadership 61

Leadership Strategy Supply Chain Efficiency supply chain software solutions 61

Solvoyo

DECEMBER 9, 2020

Companies tend to engage in request for information (RFI), request for quote (RFQ) and request for proposal (RFP) processes to make sure they end up choosing the right software that meets their business and IT requirements. appeared first on Supply Chain Analytics, Planning & Optimization Software | Solvoyo.

Purchasing 52

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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.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Trend

JULY 22, 2018

To Make S&OP Work, We’ll Need New Software. Their orientation is on supply chain, but there are needs for S&OP as a business-governing model in other areas. The development and communication of a clear vision are acknowledged to be the first steps before undertaking change management.

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supply chain budgeting supply chain software solutions Leadership Supply chain 60

IBM Supply Chain Blog

DECEMBER 7, 2023

Effective change management can prevent strategy deviations, as could occur if staff members were to set up their own data centers independently of the new company policy. It should also include factors related to the data center’s electrical needs, including cabling, bandwidth, connectivity and the required power supply.

Data 90

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The Procuretech Podcast

JUNE 28, 2022

I ask Wolfgang about common mistakes in how organisations manage their procurement teams internally. He says that, interestingly enough, many of the biggest companies make the biggest mistakes - 50, 60, perhaps even 70 percent of a company’s overall budget is managed through suppliers by procurement. He says no.

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