SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization. Read More: What Does a Procurement Manager Do?

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

Jaggaer

APRIL 9, 2025

A manufacturing execution system (MES) is a comprehensive, dynamic software system that monitors, tracks, documents, and controls the process of manufacturing goodsfrom raw materials to finished products. MES, on the other hand, focuses on managing and monitoring manufacturing operations and reporting production line activities in real time.

Supply Chain Efficiency 52

Supply Chain Efficiency Agile and Lean Supply Chain Raw materials supply chain software solutions 52

SCMDOJO

JULY 3, 2023

Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management. This course is taught by Maryna Trepova, who is a procurement expert who provides consulting training, especially in procurement management courses.

Cost of ownership 98

Cost of ownership Procurement Category management supply chain software solutions 98

IBM Supply Chain Blog

AUGUST 11, 2023

Implementing such solutions could be the key to a new era of productivity for your organization, but implementing new and expansive IT software can be intimidating. As your company grows and expands its manufacturing capabilities, an MES can provide the necessary tools for managing larger and more complex production workflows.

supply chain software solutions 68

supply chain software solutions Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 68

Jaggaer

FEBRUARY 5, 2025

Since reverse auctions focus heavily on price competitiveness, this can be easily done with sourcing software tools. They instantly compare bids based on predefined criteria, such as the lowest bid, pricing tiers, or total cost of ownership, and rank the suppliers accordingly. Automation can also play a role here.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Strategy 52

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. In some categories it makes sense to conduct a competitive sourcing event, for example an online auction using eSourcing software.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

Arkestro

NOVEMBER 12, 2024

However, as supply chains have evolved into complex, global systems, the demands on procurement, and associated workload have increased significantly. Businesses must now navigate sustainability, risk management, and total cost of ownership (TCO)—which now are shifting more spend into the “defer” or “ignore” buckets.

Procurement 52

Procurement Bidding Procurement team Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 12, 2018

Check out 10 Supply Chain Investment Challenges – Real and Imagined! There are thousands of supply chain technology vendors in the market today, and many companies claim their system is the best-of-the-best. Software May Be Difficult to Modify and Own In-House.

supply chain software solutions 59

supply chain software solutions Supply Chain Efficiency Supply chain Cost of ownership 59

Supply Chain Game Changer

MARCH 20, 2019

Subscribe to Supply Chain Game Changer. What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 79

Planergy

FEBRUARY 24, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. Think classroom supplies, laboratory equipment, educational software, and learning resources. What's PLANERGY?

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. We normally now refer to the first step as spend management and we use spend analytics technology to aggregate and explore spend data.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Procurement Templates

JUNE 18, 2023

Central banks and governments often aim to manage inflation to maintain price stability and promote economic growth. Money buys less than before How should procurement manage inflation? ChatGPT Procurement departments can take several steps to manage inflation effectively.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Finale Inventory

JULY 17, 2024

In a fast-paced, technology-driven business environment, having the right software is key for the success of any manufacturing company. Enterprise Resource Planning (ERP) software plays a significant role in streamlining operations, improving efficiency , and enhancing overall productivity.

supply chain software solutions 52

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

SCMDOJO

APRIL 3, 2022

Procurement eAuctions may be used in a multitude of sectors and domains, including industrial machinery, supply chains and logistical operations, telecommunications, commodities, and business technical support programs. These reductions are substantiated by eAuctions software providers Cimmra.

Supply Chain Efficiency 141

Supply Chain Efficiency Bidding Procurement team supply chain software solutions 141

IBM Supply Chain Blog

JUNE 30, 2023

To do that, technicians, facility managers, maintenance teams, reliability engineers and project managers need accurate, real-time information at their fingertips. Enterprise asset management (EAM) is an asset lifecycle management solution focused on optimizing the overall lifetime performance of assets from acquisition to end-of-life.

Management 60

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

IBM Supply Chain Blog

AUGUST 11, 2023

But they are also focusing on cost allocation and expecting greater cost discipline from their CIOs and IT teams, leading CIOs to face increasing pressure to justify their expenditures and keep track of spending. IT cost management has grown in importance because cost control is top of mind for every organization across all industries.

Import 74

Import Management Budget Real-time Visibility 74

Supply Chain Game Changer

JULY 2, 2020

Subscribe to Supply Chain Game Changer. Order Management article and permission to publish here provided by Dave Joseph at veridian.info. An order management system (OMS) is the system of record for maintaining orders and handling inventory. follow these five best practices when looking to improve order management.?.

Management 54

Management Real-time Visibility supply chain software solutions Supply Chain Optimization 54

Jaggaer

APRIL 22, 2019

Procurement teams are in a unique and important position to drive such initiatives forward as these improvements are only possible through actions taken in the supply chain. And there’s a payoff: procurement teams are most concerned with cost savings and risk management, both of which can be addressed by sustainable procurement.

Sustainability 91

Sustainability Supply Chain Efficiency Procurement supply chain software solutions 91

IBM Supply Chain Blog

SEPTEMBER 11, 2023

IBM and AWS has worked together to bring all of IBM data management portfolio namely Db2, Netezza and IBM watsonx.data to work on AWS in cloud native fashion with convenience of SaaS for our customers. watsonx.data is a software-as-a-service (SaaS) offering that revolutionizes data management.

Raw materials 104

Raw materials Cost of ownership Innovation Data 104

World of Procurement blog

APRIL 23, 2024

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement supply chain budgeting 52

World of Procurement blog

APRIL 23, 2024

Leverage Technology and Automation Adopting procurement software and technologies can significantly streamline processes, from e-sourcing to electronic payment systems. Implement Strategic Sourcing Strategic sourcing involves a methodical approach to finding, selecting, and managing suppliers.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement supply chain budgeting 52

Skill Dynamics

JULY 19, 2024

The Foundation of a Successful Procurement Strategy To put it simply, a procurement strategy is a plan that outlines how an organization optimizes its external spending, manages its various supplier relationships, and maintains streamlined internal processes to support cost-effectiveness and generate efficiency.

Procurement strategies 90

Procurement strategies Strategy Procurement supply chain budgeting 90

Finale Inventory

JUNE 21, 2024

An ERP (Enterprise Resource Planning) system is a software solution that integrates various business processes and functions into a single, unified platform. It provides real-time visibility into business operations, enabling managers to make data-driven decisions and respond quickly to changing market conditions.

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

MARCH 20, 2024

ready-to-use software applications, virtual machines (VMs) , enterprise-grade infrastructures and development platforms) available to users over the public internet on a pay-per-usage basis. Public cloud service models Today’s cloud providers offer hundreds of managed services and tools across four main categories.

Data 88

Data Networking Cost of ownership Management 88

Supply Chain Trend

DECEMBER 13, 2016

However, S&OP has not yet substantially delivered on its ultimate promise of enterprise wide resource management, rolling financial forecasting and strategy deployment. To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders.

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

Finale Inventory

JUNE 21, 2024

An ERP (Enterprise Resource Planning) system is a software solution that integrates various business processes and functions into a single, unified platform. It provides real-time visibility into business operations, enabling managers to make data-driven decisions and respond quickly to changing market conditions.

Supply Chain Efficiency 52

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

Planergy

SEPTEMBER 8, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Performance Management: How and What To Measure. Best Practices & Tips Supplier Performance Supplier Relationship Management. What Is Supplier Performance Management? Why Is Supplier Performance Management Important?

Suppliers 52

Suppliers Management Supplier relationship management supply chain budgeting 52

IBM Supply Chain Blog

AUGUST 1, 2023

Gone are the days when antivirus software and a firewall were almost enough to protect an organization from cyberattacks. In this day and age, it’s critical that organizations know about and manage all apps installed on their endpoints. Modern unified endpoint management (UEM) solutions include laptop management.

Risk 54

Risk Management Real-time Visibility e2e 54

IBM Supply Chain Blog

AUGUST 24, 2023

James opens the mobile device management software that his company is using, immediately finds Robert’s iOS smartphone in the tool, and does a remote wipe. What James has done with Robert’s lost iOS smartphone is part of mobile device management (MDM). What is mobile device management (MDM)?

Cost of ownership 61

Cost of ownership Data Management Strategy 61

TYA Suite

JULY 17, 2024

Purchase order (PO) management is a vital aspect of procurement, encompassing the systematic handling of purchase orders from creation to fulfillment. In today's dynamic business environment, efficient po management is essential for optimizing inventory levels, controlling costs, and maintaining strong supplier relationships.

Purchase orders 40

Purchase orders Purchasing Management Supply Chain Efficiency 40

Supply Chain Collaborator

APRIL 7, 2016

Is it even possible to make a well-conceived choice that protects your legacy as visionary leader with a knack for sussing out the solution with the most applicable capabilities with appropriate total costs of ownership? . Gap Management/Assessments to identify gaps and assign responsibilities for filling the gaps identified.

Cost of ownership 61

Cost of ownership Buyers Logistics Change management 61

Jaggaer

OCTOBER 24, 2024

What is Cost Saving in Supply Chain Management? Cost saving in supply chain management involves reducing the total cost of ownership (TCO) while maintaining, or even enhancing, the quality and reliability of goods and services. Any reduction in price is considered a cost saving.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 52

Empowering CPO

MAY 4, 2023

Importance of procurement in modern businesses In today’s fast-paced and competitive business landscape, procurement plays a crucial role in driving efficiency, cost savings, and overall success. e-Procurement platforms: Comprehensive solutions that automate the entire procurement process, from requisition to payment.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

AUGUST 1, 2023

Here are five things you need to know about how IBM Cloud is helping clients make the right workload-placement decisions based on resiliency, performance, security, compliance and total cost of ownership. Addressing risks, evolving compliance standards and new regulatory dynamics in highly regulated industries Recently, the U.S.

Innovation 63

Innovation Cost of ownership Risk Data 63

IBM Supply Chain Blog

NOVEMBER 8, 2023

It is with immense gratitude that I thank Ken for his leadership not only across IBM Power, but for his service to IBM in various roles spanning IP, strategy and software during his distinguished IBM career. I am excited to announce, therefore, that a few months ago I took on the role of IBM Power general manager. Read more here.

Leadership 93

Leadership Data Cost of ownership Strategy 93

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 Collaborator

FEBRUARY 24, 2017

Your TMS still requires too much manual intervention to manage exceptions in the freight payment process. You think because you bought TMS from one of the world’s largest software companies you’re getting the best? Your TMS hides total cost of ownership by charging a premium to train new employee/users, carriers, vendors, etc.

Cost of ownership 60

Cost of ownership Bidding Logistics Price 60