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Contract Management Supply Chain Visibility 
Spend Matters
OCTOBER 31, 2024
Visit our In-Depth Guide to Risk Management for an explanation of this complex environment. For today’s vendor viewpoint we spoke with Nick Francis, Chief Technology and Marketing Officer (CTMO) at Commercial Value Management specialist Brooklyn Solutions.
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ivalua
APRIL 6, 2021
A Guide to Contract Management Tools and Processes including a guide to the key steps of the Contract Lifecycle Management Process and to the benefits that using Contract Management software can bring to your Procurement processes. An Overview of Contract Lifecycle Management.
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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
Procurement Tactics
AUGUST 23, 2022
Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is. What is Contract Management?
Supply Chain Game Changer
SEPTEMBER 5, 2022
Subscribe to Supply Chain Game Changer. Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility.
Supply Chain Game Changer
AUGUST 26, 2021
Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. Subscribe Here!
ivalua
FEBRUARY 25, 2021
Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.
Supply Chain Opz
OCTOBER 14, 2013
In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility.
SCMDOJO
FEBRUARY 16, 2025
This leap in AI capabilities is revolutionizing industries, and AI-driven supply chain management is no exception. Agentic AI takes this a step further by enabling autonomous supply chain systems. Agentic AI takes this a step further by enabling autonomous supply chain systems.
Spend Matters
SEPTEMBER 1, 2022
Supply Chain Risk. Supplier Management Non-Suites. Supplier Management Suites. Contract Risk Management. Today, we focus on the supplier management suite risk-monitoring solutions of Coupa, GEP, Ivalua, Jaggaer, Medius (Wax Digital), SAP Ariba and Zycus. Compliance/CSR Risk.
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Procurement Insights
JUNE 6, 2024
So, how much supply chain visibility is “too much visibility” in relation to what happens at some unseen point down the chain?
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ivalua
FEBRUARY 8, 2023
As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning.
Procurement Tactics
MAY 16, 2023
A fourth-party logistics , typically known as 4PL, is an operational model where a business outsources its entire supply chain and logistics to a single external provider. This provider may also manage other third-party logistics (3PL) providers on behalf of the client company. 4PL 4PL providers are commonly non-asset-based.
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Jaggaer
FEBRUARY 28, 2025
The most recent Hackett Group Report highlights key priorities reshaping procurement in 2025, including technology adoption, the rise of Generative AI, and managing emerging risks. However, simply cutting costs isnt a sustainable strategy CPOs must move beyond tactical price reductions and embrace strategic cost management.
ivalua
JULY 22, 2015
You Have Imbedded a Cost Management Mindset into Every Supplier Relationship. Instead, today’s sourcing pros must facilitate cost improvements through a more sophisticated and complete understanding of cost management strategies involving: Materials. This week’s signs deal with supplier relationships. alternatives. alternatives.
Supply Chain Opz
OCTOBER 14, 2013
In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility.
ivalua
JUNE 16, 2021
In fact, a survey conducted by the Economist Intelligence Unit (EIU) found that 96% of respondents from the Middle East region were reconfiguring their supply chains in October 2020 — much higher than the global average of 83%. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5
130 
Let's Talk Supply Chain
OCTOBER 30, 2023
Today I’m joined by forward-thinking tech company Beacon Technologies – a brand that says, when it comes to supply chain, they believe in power to the people! Beacon’s supply chain visibility platform is a central hub for real-time ocean and air freight tracking, supply chain performance analytics and carbon emissions reporting.
SCMDOJO
APRIL 29, 2024
Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success.
Barkers Procurement
DECEMBER 16, 2024
2) Prioritise visibility At the heart of managing demand is supply chain visibility. The function must have a clear view of the supply chain through accessible, accurate and reliable supplier data. Procurement should do what it takes, therefore, to make visibility a priority.
Jaggaer
OCTOBER 24, 2024
In the absence of communication, even the best suppliers can only deliver marginal value at best. For optimal effectiveness, supplier selection, contract management , and supplier development must be supported by consistent, streamlined, and transparent collaboration.
Procurement Leaders
JUNE 13, 2022
was set up by the UK Government to design and construct the railway and is responsible for procuring and coordinating a supply chain of designers and contractors to deliver billions of pounds worth of contracts. As a public funded project, supply chain transparency is critical. Develop the supply chain.
Supply Chain Game Changer
OCTOBER 14, 2021
Cost-saving initiatives will become paramount, such as investments in TMS platforms, contract negotiation, and strategic load and route planning. Supply and demand are in prolonged imbalance, and will continue to rock out of equilibrium in 2022. Renegotiation of contracts and terms. Increasing demand for supply chain visibility.
ivalua
JANUARY 31, 2022
While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . Digital Transformation is the Top CPO Priority. More on that here.
130 
ivalua
JANUARY 24, 2022
Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders.
130 
Supply Chain Game Changer
NOVEMBER 26, 2018
Check out Why don’t you have a TMS (Transportation Management System) Solution yet? Yet it is managed by one or two people, with no support, and no visibility from upper management. Aside from the cost impact the service implications of a poor Freight management system are enormous.
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Una
OCTOBER 17, 2023
Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. These group purchasing organizations often have contracts with a wide range of suppliers, and they offer their member businesses access to these contracts at discounted rates.
Procurement Software
MAY 9, 2022
Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.
Procurement Software
MAY 9, 2022
Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. Safeguard Brand Value.
Supply Chain Game Changer
DECEMBER 4, 2019
Subscribe to Supply Chain Game Changer. Why don’t you have a TMS (Transportation Management System) Solution yet? And earlier this year, we were recognized by Logistics Tech Outlook in their Top 10 Transport Management Solution Providers. Subscribe Here! Email Address. That was where we were six years ago.
World of Procurement blog
APRIL 23, 2024
This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Common Contract Types: Lump Sum Contracts: Set fee for all work completed.
World of Procurement blog
APRIL 23, 2024
This guide delves into the essentials of procurement within the construction sector, discussing various strategies, potential obstacles, supply chain structures, contract types, and managerial aspects necessary for efficient and effective procurement. Common Contract Types: Lump Sum Contracts: Set fee for all work completed.
Supply Chain Opz
NOVEMBER 9, 2014
Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. delivery reliability”), but is that really “supply chain thinking”?
Supply Chain Game Changer
OCTOBER 28, 2021
Lieferkettengesetz, and others) encouraging large/enterprise businesses to take responsibility for the entirety of their global supplier networks, increase tier-n compliance and combat poor supply chain visibility. Change requires Change Management. Change must be managed. Dirty Little Secret #5.
SCMDOJO
JUNE 14, 2023
In today’s competitive market, the successful operation of a business hinges on the smooth integration of various processes and information management systems, especially when it comes to 3PL integration. As a result, orchestration simplifies data management, making it easier for businesses to work more effectively.
Jaggaer
OCTOBER 3, 2024
However, it’s fair to say that procurement is really in the pressure cooker right now, with all kinds of new and conflicting demands such as ESG, diversity, compliance and risk management. Cash flow is a further driver of cost, so it is worth analyzing contracts to achieve payment term optimization. Which are our strategic suppliers?
SCMDOJO
AUGUST 16, 2023
[Read More: Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth ] Walmart’s Supply Chain: Integrated Supply Chain Success Data-Driven Success Factors In the realm of modern supply chain management, data-driven strategies play a pivotal role in enhancing a company’s competitiveness.
Skill Dynamics
OCTOBER 19, 2023
Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges. Sourcing managers play a vital role in a business’s procurement process by identifying, evaluating, and selecting suppliers.
Zycus Cognitive Procurement
FEBRUARY 14, 2022
Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links. For instance, in tools such as Zycus’ supplier management software , an audit trail is accessible for all the changes a supplier will make to their profile and their submitted documents.
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Arkestro
DECEMBER 12, 2022
It’s vital that supplies are predictable, so you can get the products and services you need. To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue.
TYA Suite
SEPTEMBER 25, 2024
Effective procurement risk management is essential to ensure smooth operations and safeguard the organization’s interests. These risks might include supplier failures, price fluctuations, contract disputes, or regulatory changes. Understanding these risks is the first step toward effective procurement risk management.
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Procurement Software
MARCH 7, 2023
Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. What is the difference P2P and S2P?
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The Good Spending
JUNE 15, 2022
T hese routine activities leverage integrated automated systems, enabling supply chain visibility. Examples: framework agreements, Vendor-Managed Inventories. My Udemy course "Foundations of Contracts and Outsourcing." The framework consists of a matrix of "buyclasses" and "buy phases."
Claritum
JULY 5, 2018
If you can measure it then you can manage it” This statement is so true in the procurement field. I’ve negotiated some preferred supplier contracts, but they struggle to gain adoption. True supply chain visibility means delivering real time information to upstream customers and downstream suppliers. Conclusion.
FourKites
DECEMBER 11, 2020
It includes hard costs like your investment in the product, physical warehouse or storage space, transportation and distribution fees, as well as soft costs like taxes, insurance and the personnel needed to manage the product. Nobody likes paying taxes, but they’re a universal part of doing business, and inventory management is no exception.
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