ivalua

FEBRUARY 27, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This ensures contracts remain favorable and all stakeholders comply with negotiated terms.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Jaggaer

JULY 7, 2020

Over time, this engagement has expanded globally and is still focused on one of the most testing categories of sourcing and contract management within procurement: transport and logistics. In 2019 the company decided to embark on a project to implement global dashboards for sourcing and contracting events. The Solution.

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

ivalua

JANUARY 12, 2023

To avoid this pitfall, it is necessary for public procurement teams to routinely review the entire process and challenge steps to ensure that requirements are necessary to meet rules or requirements and/or deliver real value. . It is vital that public procurement teams develop a data insight strategy to gain visibility into their operations.

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

World of Procurement blog

MAY 20, 2024

A dedicated CLM platform provides the automation, control, and analytics procurement teams need to maximize the value of contracts while minimizing risk. With the right CLM solution in place, procurement can achieve end-to-end visibility into the contracting process, reduce cycle times, and eliminate inefficient manual tasks.

e2e 52

e2e Real-time Visibility Procurement Contract 52

SCMDOJO

APRIL 29, 2024

Efficient transportation systems minimize delays, reduce costs, and ensure timely delivery to customers. This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement. Customer Service: Customer service is an integral part of supply chain management.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

TYA Suite

OCTOBER 27, 2024

With automated systems, purchase orders can be generated based on predefined criteria, such as inventory levels or specific triggers, ensuring timely and accurate procurement. Procurement management tools offer features that enable businesses to track supplier performance, manage communications, and evaluate vendor reliability.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Jaggaer

OCTOBER 24, 2024

With quantitative and qualitative KPIs, you get a bird’s eye view to understand supplier performance and make more informed decisions. Real-Time Insights for Risk Management Managing supplier risks involves identifying, evaluating, and reducing constraints created by suppliers, and their suppliers as well.

Supply Chain Optimization 52

Supply Chain Optimization Collaboration Suppliers Real-time Visibility 52

Spend Matters

FEBRUARY 22, 2024

Working within a resilient global supply chain results in complexities around basic matters like communication, time zones and languages, along with more challenging aspects like risk management, compliance and sustainability. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 95

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 95

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before.

Agile and Lean Supply Chain 52

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

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. Creating fuller visibility into supplier risks, Amrest has the power and intel to switch localizations or deliver from different warehouses, creating a stronger supply chain. .

Real-time Visibility 130

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

ivalua

JANUARY 24, 2022

Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders. Timeliness is also important.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Pipefy

NOVEMBER 24, 2023

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. These tools are classified according to the procurement functions they perform, including contract management, informing, ordering, sourcing, and tendering. What are e-procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Procurement Heads

JANUARY 30, 2023

Procurement is more about contract management and negotiating great commercials for your business. The roles were different in nature as one involved closely managing warehouse colleagues whereas IT procurement is more office-based and strategic. CIPS is valuable because it allows you to apply your theory to the real world.

supply chain budgeting 130

supply chain budgeting supply chain software solutions Negotiation Real-time Visibility 130

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. At the same time, the number of young, able-bodied construction workers has decreased by 8% over the past decade, further exacerbating the industry’s labor shortage.

Supply Chain Efficiency 52

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

Zycus Cognitive Procurement

OCTOBER 20, 2022

In broader terms, cognitive procurement can augment all parts of procurement, such as identifying potential suppliers, automating the contract management process, and creating a touchless procurement experience. So, if you’re not already using cognitive procurement in your business, now is the time to start!

Real-time Visibility 59

Real-time Visibility Procurement Procurement team Risk 59

World of Procurement blog

APRIL 23, 2024

This technology significantly reduces manual work, minimizes errors, and speeds up transaction times. Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

This technology significantly reduces manual work, minimizes errors, and speeds up transaction times. Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility supply chain software solutions 52

World of Procurement blog

APRIL 23, 2024

Sourcing Software: Helps companies find and acquire goods and services by managing RFQs (Request for Quotations) and bidding processes. Contract Management: Facilitates the creation, negotiation, approval, and storage of contracts in a secure environment. Tools like Jaggaer and Scout RFP are popular choices.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

ivalua

FEBRUARY 24, 2021

Streamlined Contract Authoring: By starting contracting during sourcing, customers can reduce the cycle time from quote to contract and consider negotiated terms in sourcing decisions. Now, customers can create and iterate on a draft contract during an RFX.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

TYA Suite

SEPTEMBER 25, 2024

This process is integral to procurement and supply chain management, aiming to secure the best possible terms for the organization while ensuring the quality and reliability of the supplied products or services. Sourcing encompasses various activities, including market research, supplier evaluation, negotiation, and contract management.

Supply Chain Efficiency 40

Supply Chain Efficiency Sourcing Procurement supply chain budgeting 40

Una

JUNE 5, 2024

Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. Why Do We Need Supply Chain Visibility? Remember, you can’t respond to something if you can’t see it happening in real-time.

Agile and Lean Supply Chain 52

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

ivalua

FEBRUARY 25, 2021

Sustainable master data management and governance: As much as 55% of projects fail due to data management issues. ERP solutions often lack robust capabilities around managing all of the data attributes for products and vendors, and cannot update them in real time or in an automated fashion. The post ERP vs.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. The platform also offers supply and risk management insights.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Procurement Software

APRIL 23, 2024

Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. What sets Mithra-AI apart is its real-time, continuous visibility of spend data, coupled with proactive alerts for opportunities and risks.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

Spend Matters

MARCH 26, 2024

The trials of traditional spend management technologies Traditional spend management technologies often present a myriad of challenges that impede efficiency and productivity. Employees may find themselves spending valuable time trying to decipher how to complete tasks within the system, detracting from their core responsibilities.

Spend management 93

Spend management Management Real-time Visibility Innovation 93

SCMDOJO

APRIL 22, 2022

At such a time, NFTs will prove their worth. With the ability to know the real-time movement of the product due to its tokenization system, a company can easily find out the owner of the asset by quick scans and running reports. The tokenization system will also improvise how inventories are managed in the supply chain.

Supply Chain Efficiency 137

Supply Chain Efficiency Supply chain Real-time Visibility Supply 137

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 90

Procurement solutions Procurement e2e Real-time Visibility 90

Pipefy

JANUARY 9, 2024

We will dive into common challenges, innovative solutions, and the transformative impacts of these improvements in processes such as: IT incident management and how to streamline IT operations for faster resolution and improved service quality. According to Pipefy’s State of Automation Survey , 59.4% of business and IT leaders in the U.S.

Real-time Visibility 52

Real-time Visibility Contract management Contract Management 52

World of Procurement blog

MAY 10, 2024

Monitoring supplier relationships : AI can track supplier performance metrics, analyze contract terms for risks, and identify opportunities to improve supplier relationships. Enhancing contract management : Natural language processing enables AI to extract key data from contracts.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Bonfire

APRIL 3, 2023

For many of them, their organizations have invested a lot of time and money in ERP systems that do many things well and are there to stay. Limited supplier reach: ERP systems don’t go far enough when it comes to reaching and managing suppliers. Here are the specific areas where they tend to fall short: 1.

Eprocurement 52

Eprocurement Bidding Strategic sourcing Strategic sourcing 52

Arkestro

JANUARY 9, 2024

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. Another report found that 50% of respondents are investing in AI to improve employees’ use of time and allow for more high-value work. Reduce complexity.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Software

MAY 14, 2024

Enhanced Efficiency and Visibility: By adopting process orchestration tools and platforms, businesses gain real-time insights and control over their procurement activities, facilitating quicker decision-making and improved risk management. What is process orchestration in a procurement context?

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

TYA Suite

SEPTEMBER 25, 2024

Additionally, assess your suppliers’ financial stability, track their performance over time, and maintain open communication to identify potential risks early. Building strong relationships with suppliers can also enhance collaboration, leading to better risk management. track orders, and monitor compliance with contractual terms.

Risk 40

Risk Strategy Procurement Supply Chain Efficiency 40

Empowering CPO

JULY 5, 2023

Integrating technology into procurement processes is not just about keeping up with the times; it’s about realizing the potential for enhanced efficiency, accuracy, transparency, and strategic decision-making. In an age where business operations are becoming increasingly digitized, procurement is no exception.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Zycus Cognitive Procurement

FEBRUARY 8, 2022

AI software can take into account all your needs in terms of products needed for the office supplies, any specifications for those products, and then give suggestions for your next best contract or supplier base to work with or manage, this will shorten your time spent on sourcing and help to ensure you’re getting the best deal possible.

Real-time Visibility 40

Real-time Visibility Procurement Contract management Bidding 40

Empowering CPO

JUNE 27, 2023

Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility. Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40