IBM Supply Chain Blog

FEBRUARY 28, 2024

For example, blockchain-backed contract management, when combined with automation, creates efficiencies and offers a high level of security. Then, when a predetermined condition is met and verified—such as releasing funds—the contract is executed immediately. Try out cognitive intelligence free for 30-days.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Jaggaer

OCTOBER 24, 2024

The result is improved business processes and the agility that makes you nimble—whatever comes. Strategies for Building Resilient Supply Chains Recurring disturbances in recent years have highlighted the need for manufacturers and contract manufacturers to build resilience into their supply chains. Performance and stability can waver.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

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 110

Procurement solutions Procurement e2e Real-time Visibility 110

SCMDOJO

OCTOBER 14, 2023

It has made visible changes in the SCM systems. These participants start transactions in the network through smart contracts. Smart Contracts for Automation : Savvy contracts are self-executing contracts with the particulars of the arrangement straightforwardly composed into code.

Supply Chain Efficiency 105

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 105

Supply Chain Game Changer

APRIL 29, 2021

The impending changes include connected, end-to-end, value chains, and more intelligent, automated, and autonomous distribution systems. This gives the supply chain manager not only greater visibility into the supply chain itself, but also visibility into the supply chain stakeholder dynamics within or even outside the organization.

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

Supply Chain Game Changer

NOVEMBER 11, 2020

For instance, reduced application of data may lead to over-ordering or under-ordering inventory, failure to hire enough seasonal workers, an inability to secure available shipping capacity, and more. In a sense, it all goes back to end-to-end visibility and recognizing the dependent and independent processes throughout the warehouse.

Strategy 84

Strategy Agile and Lean Supply Chain Supply Chain Optimization Real-time Visibility 84

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

IBM Supply Chain Blog

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 105

Procurement Software

MAY 16, 2023

Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites. The module also includes features such as contract management, invoice processing, and payment processing. They also interface with additional modules in Kissflow’s suite such as contract management.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Supply Chain Game Changer

NOVEMBER 26, 2018

Every research firm and vendor has their own definition, but all share the common theme of visibility. A supply chain control tower system is an attempt to make the outside supply chain environment visible to the enterprise, with “end-to-end” visibility being the Holy Grail.

Supply Chain Efficiency 53

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 53

Supply Chain Game Changer

NOVEMBER 14, 2018

In the authors’ words, “within 5-10 years, the supply chain function may be obsolete, replaced by a smoothly running, self-regulating utility that optimally manages end-to-end workflows and requires very little human intervention.”.

Supply chain management 86

Supply chain management Supply chain management Supply Chain Optimization Supply chain 86

SCMDOJO

MAY 6, 2022

The growth of coding capabilities and accessible resources can help several firms consolidate data sources and create real-time visibility throughout the end-to-end supply chain using no-code development platforms. Get Visibility For All Stakeholders. However, Finance is now Fintech and Marketing is now Digital Marketing.

supply chain software solutions 138

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 138

Supply Chain Game Changer

NOVEMBER 9, 2021

When lockdowns, or at the very least capacity restrictions, were put in place, along with contractions of labour supply, the result was that the extraction of the vital raw material needed from the rubber trees was highly constrained. The collection of the latex for natural rubber from rubber trees is an extremely labour intensive process.

Supply chain 93

Supply chain Raw materials Supply Real-time Visibility 93

IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

EazyStock

SEPTEMBER 25, 2018

These apps help companies achieve every business process from tracking inventory and shipments to booking meetings with clients to tracking tasks and projects. EazyStock – Inventory Optimization Software. The system makes forecasting and inventory planning easy. This app is available on Mac, iPad, and iPhone.

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting supply chain software solutions Supply Chain Efficiency 78

Pipefy

FEBRUARY 13, 2023

Purchasing then commences, including bid evaluations, contract negotiation, and the final sale. The main concern of procurement, however, is sourcing and buying through contracts for external goods that are most often intact and ready to install or use. Is acquisition part of procurement? In a word, yes!

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

IBM Supply Chain Blog

APRIL 25, 2024

For errors received which require corrective actions (where valid support entitlement is in place), a service request will be automatically opened and worked per the terms of the client’s support contract. Once authenticated, the users have visibility into all cases for their company across the globe.

e2e 68

e2e Inventory Data Contract 68

Pipefy

MAY 23, 2023

It also provides visibility into your entire invoice workflow, from issuance to payment. End-to-end integrations A new digital procurement tool may replace a few software systems in your tech stack. Document management Digital contract management should be included in any e-procurement tool; it’s that important.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

The IBM Supply Chain Intelligence Suite , powered by artificial intelligence (AI) and blockchain, helps compile supplier data to drive Scope 3 accuracy, improve circularity by reducing waste and inform end consumers of carbon and other ESG impacts.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Pipefy

JANUARY 31, 2023

Procurement risks occur wherever visibility and control are limited. The data silos and faltering handoffs typical of a broken P2P process may lead to: Overpayments Exceeding spend Penalties incurred from late payments Missed discount opportunities Poor inventory management Tarnished supplier relationships 2.

Risk 52

Risk Procurement e2e Purchase orders 52

Procurement Software

JULY 4, 2023

Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. Blockchain can be used across various industries, including both finance and end-to-end supply chain management.

Supply Chain Efficiency 52

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

Spend Matters

JUNE 19, 2023

Data Modeling The ability to build more sophisticated analyses on cost drivers, demand, contracts, working capital, risk, supply chain and overall procurement performance while maintaining data that is flexible and rich enough to fully support this type of spend analytics. We have seen top performers who take MDM capabilities a step further.

Real-time Visibility 98

Real-time Visibility Data e2e Quality 98

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

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

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. The Staggers Rail Act of 1980 allowed the railways to negotiate contracts and operate with less oversight by the ICC. Inventory optimization Tool. 1977), “The visible hand. 7]Graham W.

Supply Chain Efficiency 138

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

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. Most importantly, once a contract has been signed, performing regular audits. Supplier availability Some orders simply have to be expedited.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Software

MARCH 5, 2024

Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. Additionally, analytics features grant you deeper visibility into your supply chain. Opstream aims to give users full visibility and control over spending.

Real-time Visibility 52

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

Barkers Procurement

DECEMBER 5, 2024

Sunbelt selected the world-class spend management solution provider Coupa Software, choosing to implement the full suite of Coupa products to satisfy a variety of use cases across procurement, invoice automation, inventory, risk management and sourcing. Phase 3 Phase 3 of Inventory and Reporting has just begun.

supply chain software solutions 52

supply chain software solutions e2e Purchase orders Supply Chain Efficiency 52

Procurement Software

JULY 18, 2023

It’s not just about procure-to-pay (P2P) or source-to-contract (S2C applications). Source-to-Contract (S2C) 1. They provide a simple and intuitive procurement solution for source-to-contract (S2C) for small and medium-sized enterprises. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Procurement Software

JUNE 4, 2024

As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. Manufacturing companies also require their technology to support inventory and planning requirements too. And stepping up, they indeed are.

Supply Chain Efficiency 52

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

Jaggaer

DECEMBER 13, 2024

P rocure-to-pay ( P2P ), the downstream part of the end-to-end supplier management and procurement process, focuses on the expenditure side of the business. But it can also involve functions such as inventory management or how much inventory must we hold in order to meet orders on time?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Buyers Vendor relationships 52

Supply Chain Game Changer

DECEMBER 1, 2020

Governments around the world have signed contracts with dozens of pharmaceutical companies for development and delivery of Coronavirus vaccines. These contracts commit those governments to spend billions of dollars. government is reported to have agreed to contracts worth $1.9 For instance, the U.S.

Supply Chain Efficiency 59

Supply Chain Efficiency Supply chain Supply Logistics 59

Claritum

NOVEMBER 16, 2018

Having a true understanding of the end to end impact of their Category of products or services within their organisation (the value chain.). Payment terms, Inventory and capital spend are also key areas for focus. It is also not sufficient to just to include contract terms or pricing schedules.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

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