ivalua

MAY 19, 2022

By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked. This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

ivalua

JULY 14, 2021

With two-factor authentication and embedded real-time change processing there are no payment files to edit. In addition, the time savings introduced by removing duplicate approvals and cutting checks are immense. . Ultimately, from an Accounts Payable perspective, they are tail-end suppliers, or even a one-time supplier.

Real-time Visibility 130

Real-time Visibility e2e Suppliers Purchase orders 130

Jaggaer

JULY 7, 2020

“What’s really beneficial is that we get instant insight into actual versus planned across all of our contracts, is our spend with a particular carrier a lot more or a lot less?” – Srestha Dutta, Global Process & Technology Senior Manager. Contracts are very dynamic in this category because there are so many moving parts. “A

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

Supply Chain Game Changer

APRIL 29, 2021

Supply Chain Investment Challenges – Real and Imagined! Amid the thick covid-clouds, organizations are preparing to make their way back to regular business to maximize profitability and make up for the lost time. Data analytics provides actionable insights to save time, effort and cost. Hyperautomation.

Supply Chain Optimization 135

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

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. That alone increases efficiency,” he continued.

Supply Chain Efficiency 91

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 91

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Control Towers – Is Yours Real or Just Smoke and Mirrors? Every research firm and vendor has their own definition, but all share the common theme of visibility. A traditional control tower provides visibility to immediate trading partners only. So, control towers are an attempt to combat it with visibility.

Supply Chain Efficiency 53

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

ivalua

JANUARY 27, 2021

During these tumultuous times, achieving AP automation superhero status may seem an impossible task, as you continue to battle disrupted supply chains, high costs and general chaos. They follow an end-to-end channel strategy with nearly all spend covered by contract or POs. Purchasing cards are also widely used.

e2e 26

e2e Real-time Visibility Suppliers Supply Chain Optimization 26

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. The benefits include cost savings and a quick turnaround time from development to implementation.

supply chain software solutions 125

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 125

Spend Matters

APRIL 4, 2024

The technology opens up a wealth of capabilities not previously possible for the procurement practitioner in terms of data availability, end-to-end visibility, cost, time and risk reduction, and ultimately the overall health of the third-party network. But submitting and collecting is a burden on everyone involved.

Real-time Visibility 84

Real-time Visibility Management e2e Risk management 84

World of Procurement blog

MAY 8, 2024

Introduction to Contract Management Contract management is the process of systematically and efficiently managing contract creation, execution, and analysis to maximize operational and financial performance at an organization. Effective contract management provides numerous benefits for companies across industries.

Contract management 52

Contract management Contract Management e2e 52

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.

Contract management 52

Contract management Contract e2e Management 52

Una

AUGUST 30, 2022

Strategic sourcing experts are using machine learning to categorize and manage spend, AI to better predict demand, and act upon alerts such as contract expiry/renewals. For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. Digital procurement game-changers.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

IBM Supply Chain Blog

FEBRUARY 19, 2024

They need strong SCM practices to help work out the logistics of transporting goods across long distances and through multiple countries without creating longer lead times or delays. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

supply chain software solutions 81

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

Procurement Insights

MAY 27, 2024

Businesses must take an outside-in network view and together serve the end consumer.” ” By the time Greg Brady and Ranjit Notani began their journey, I had already sold my company and was moving on to my next challenge. Delivery performance and product quality also improved dramatically.)” ” 30

Real-time Visibility 81

Real-time Visibility supply chain software solutions Supply Chain Efficiency e2e 81

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. Document-centric BPM is for efficiently managing documents and content—such as contracts—within processes.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

SCMDOJO

OCTOBER 14, 2023

Now, real-time connections provide more accurate data and information, which helps create collaboration in the digital world. It has made visible changes in the SCM systems. These participants start transactions in the network through smart contracts. It ensures the integrity and genuineness of the data.

Supply Chain Efficiency 102

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 102

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 87

Procurement solutions Procurement e2e Real-time Visibility 87

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. Also, the performance of the fulfillment process is a critical input to the continuous optimization of the supply/supplier base.

Risk management 75

Risk management Supply Chain Optimization Risk Supply chain 75

Supply Chain Game Changer

NOVEMBER 11, 2020

Instead of waking to a real Christmas horror, ensure your supply chain is capable of handling peak demands by understanding the problem with poor peak season planning, how the right strategies build optimization, and by applying these nine critical best practices. Fulfillment becomes more time-sensitive as the season progresses.

Strategy 84

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

Una

MAY 11, 2023

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Build a team Once you’ve identified your goals and stakeholders, it’s time to start building your team.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

Jaggaer

DECEMBER 13, 2024

Its an integrated, end-to-end process that unifies procurement and finance, helping organizations streamline purchasing, minimize delays, and ensure timely payments. By standardizing procurement activities, organizations gain visibility over spending, strengthen supplier relationships, and optimize cash flow management.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Real-time Visibility e2e 52

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

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

Supply Chain Game Changer

NOVEMBER 9, 2021

Is Just In Time Past Its Time? And standard operating practice in the automotive industry is just-in-time delivery dynamics. At the same time demand dropped dramatically at the beginning of the pandemic. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Environmental Impacts and Market Dynamics.

Supply chain 93

Supply chain Raw materials Supply Real-time Visibility 93

Pipefy

FEBRUARY 13, 2023

In this stage of the process, multiple departments collaborate to address capability requirements, design, technology, and, most importantly, time and cost. Purchasing then commences, including bid evaluations, contract negotiation, and the final sale. Procurement vs. acquisition: What’s the real difference? In a word, yes!

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 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

IBM Supply Chain Blog

MARCH 29, 2024

A balanced transition between old and new systems The demand to fulfill existing long-term contracts and an abundance of new demands for industrial electrification pose new challenges to grid management. Real-time operational data provides an asset health view that drives condition-based maintenance and replacement planning.

Networking 63

Networking Management e2e Real-time Visibility 63

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. 6 procurement technologies to improve your business Transform analog, manual, and paper-ridden processes with end-to-end digitization and automation to improve security, visibility, and control with these six procurement technologies.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

NOVEMBER 19, 2018

The application of blockchain holds promises to increase visibility, renew viability, reduce inconsistency, increase payment processing accuracy, and eliminate compliance problems. Major companies, like Maersk and IBM, are working on innovative platforms to allow for end-to-end visibility and transparency through blockchain technology.

Supply Chain Efficiency 54

Supply Chain Efficiency Supply chain Real-time Visibility e2e 54

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. It promises to assist with improving buyer and supplier collaboration.

Real-time Visibility 52

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

Supply Chain Game Changer

NOVEMBER 26, 2018

Yet it is managed by one or two people, with no support, and no visibility from upper management. Supply chain visibility is also incredibly important these days. You can not get this visibility without a plan. And you need suppliers who can provide visibility through electronic connectivity.

Strategy 68

Strategy Management Real-time Visibility e2e 68

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 81

Real-time Visibility Data e2e Quality 81

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

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. This maximizes value from sourcing partnerships.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Jaggaer

OCTOBER 24, 2024

In times of pressure and crisis , highly responsive and trustworthy suppliers make agility possible. Following widely-known standards keeps your vendor options open so you’re not locked into sourcing from a small pool of specialty suppliers that can negatively impact time to market.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 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. It begins the process of integrating various parts of the business to work cohesively.

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

Pipefy

JUNE 14, 2023

Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. Spend analytics creates the visibility procurement teams need to complete a spend analysis. ignoring the importance of data quality, 2. focusing solely on cost reduction, 3.

Real-time Visibility 52

Real-time Visibility e2e Contract Procurement team 52