ivalua

OCTOBER 18, 2022

The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible.

Supply Chain Efficiency 130

Supply Chain Efficiency Data Procurement Supply Chain Visibility 130

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.

Supply Chain Visibility 98

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 98

Spend Matters

OCTOBER 31, 2024

Primarily, our customers are prioritising supply chain visibility, adopting proactive risk management strategies and staying compliant with evolving regulations. The future of risk technology will focus on AI-driven automation, improving data quality and ensuring compliance.

Risk management 114

Risk management Risk Management Real-time Visibility 114

SCMDOJO

NOVEMBER 20, 2024

Quantitative Methods: The Quantitative forecasting method is engaged where there is access to historical data, and unlike the former, it is objective to the degree of the reality of the data. This method is adopted when there is no historical data. Click here! Implementing inventory control techniques is the best medicine.

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

Jaggaer

OCTOBER 24, 2024

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

ivalua

JANUARY 24, 2022

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Johan, can you give us a bit of background on the digital transformation journey at Booz Allen and the role of data? What role did data play on a day-to-day basis?

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

SCMDOJO

FEBRUARY 16, 2025

From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. Agentic AI takes this a step further by enabling autonomous supply chain systems. Enhances AI-driven supply chain resilience.

Supply Chain Efficiency 72

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 72

SCMDOJO

JANUARY 29, 2025

What are Supply Chain Reports? Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 98

Jaggaer

FEBRUARY 28, 2025

Generating More Value: The Relentless Pursuit of Spend Cost Reduction For the second year running, reducing supplier spend remains a top priority for procurement organizations in this years Hackett Group Report. This involves analyzing spend data, identifying for consolidation, and negotiating better contracts with key suppliers.

Agile and Lean Supply Chain 52

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

ivalua

JUNE 22, 2022

Get up to speed with the newest changes and learn what it takes to enable effective, scalable supplier collaboration –including how to reduce risk, improve supply chain visibility, and build operational resilience and responsiveness. Ivalua’s latest eBook is the foundation for a smarter, more resilient supply chain.

Supply chain 130

Supply chain Strategy Supply Chain Visibility Supply 130

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

supply chain budgeting 221

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

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Supply chain 52

ivalua

FEBRUARY 24, 2021

“The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. For many organizations risk has become not only an executive committee issue, but a board-level discussion,” he said.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them.

Supply Chain Visibility 52

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

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.

Supply Chain Visibility 55

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 55

Barkers Procurement

DECEMBER 16, 2024

If, for instance, procurement forecasts the number of supplier orders and stock needed to meet demand, and then this demand spikes, the function must respond to the situation. A likely outcome will be annoyed customers, strained supplier relationships and overwhelmed staff, all of which can erode revenue.

Procurement team 52

Procurement team Procurement Agile and Lean Supply Chain Demand 52

Una

FEBRUARY 19, 2024

Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. But why does achieving comprehensive visibility remain a pressing challenge for so many businesses?

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility Supply Chain Optimization Supply chain 52

Jaggaer

APRIL 9, 2025

While many manufacturers rely on ERP systems for procurement, these platforms are designed for broad business management rather than the intricate demands of sourcing, supplier collaboration, and cost control in a manufacturing environment. A closer look at these functions reveals how ERP streamlines operations and supports long-term growth.

Real-time Visibility 52

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

Skill Dynamics

JANUARY 7, 2025

In fact, supply chain resilience plays a crucial role in controlling general business costs through minimizing such disruptions and optimizing operational expenses. Businesses should try to leverage real-time data to allow for quick and informed decision-making to minimize delays.

Supply chain resilience 90

Supply chain resilience Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency 90

Procurement Tactics

JUNE 5, 2023

Global supply chains are networks that can extend across multiple countries and even continents, serving as channels for both supplying and sourcing goods or services. These chains usually encompass the global movement of data, resources, and procedures. This means you need to plan ahead.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

ivalua

JANUARY 31, 2022

The Criticality of the Supply Chain (and Suppliers). Building and maintaining supply chain resilience will be critical in a post-Covid-19 world. How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? The Best Way Forward for 2022.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Let's Talk Supply Chain

MARCH 2, 2025

This resolution brings relief to suppliers and stakeholders who were facing disruptions ‍in their operations due to the‍ strike. With the return to normalcy, here are some ‍key supply chain implications to consider: Production Ramp-Up: Boeing can now accelerate production to make up for lost time during the strike period.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply management Supply chain 52

Procurement Insights

DECEMBER 3, 2024

STAKEHOLDER (AGENT) 3 What are the main concerns for suppliers meeting ESG specifications? Suppliers face several obstacles in meeting ESG (Environmental, Social, and Governance) specifications, stemming from resource limitations, regulatory complexities, and operational challenges.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

ivalua

JUNE 16, 2021

Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Such tools help procurement teams predict disruptions, assess risk, and make informed decisions to mitigate the impact of supply chain disruptions. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

Let's Talk Supply Chain

FEBRUARY 26, 2025

Strategy Benefits Supplier Collaboration Enhanced visibility and control over the entire supply chain. Data Analytics Utilize‍ advanced analytics to extract valuable insights and optimize processes. However, there are solutions to these challenges that can help tighten product traceability.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Raw materials 52

Procurement Software

JANUARY 26, 2025

You can have awesome technology, but with a lack of mandate, dirty data, and a poor internal communication strategy, you could still fail. Or, maybe youre suffering from Cinderella complex: not bold enough to demand an upgrade to the outdated, clunky, legacy Source-to-Pay suite interfaces that suppliers and stakeholders havent really adopted.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Category management 52

Procurement Leaders

JUNE 13, 2022

Securing this level of visibility in the construction sector is challenging for several reasons: Much of the work on HS2 is broken into stand-alone projects made up of unique combinations of contractors and suppliers. Engaging with suppliers to collect the necessary data. Developing a risk methodology to assess suppliers.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Supply Contract 130

Procurement Tactics

AUGUST 23, 2022

Contract management, also known as contract lifecycle management, in the field of procurement refers to the handling of end-to-end contracting with the suppliers and other third parties of an organization. . Enhancing strategic sourcing through data analysis. Improving supplier relationship management through data transparency. .

Contract management 130

Contract management Contract supply chain software solutions Management 130

ivalua

NOVEMBER 25, 2020

Procurement’s value became evident, as did the importance of the supplier relationships they had built. According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. You can download Gartner’s full report here.

Chief Procurement Officer 130

Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

ivalua

JUNE 1, 2022

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

ivalua

MARCH 16, 2021

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

SCMDOJO

JUNE 14, 2024

Supply Chain Visibility: Gain insights into the real-time status of your supply chain, from raw materials to finished goods delivery. Supply Chain Information Systems (SCIS): Explore how technology can be leveraged to improve data visibility, automate processes, and optimize supply chain performance.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency Supply chain Real-time Visibility 105

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The reason boils down to a single word— barriers.

Real-time Visibility 77

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 77

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Supply Chain Optimization Real-time Visibility 19

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.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. These often use a mix of Microsoft tools to address supplier management needs. Here are 5 Key Advantages from using Supplier Relationship Management Software. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. These often use a mix of Microsoft tools to address supplier management needs. Here are 5 Key Advantages from using Supplier Relationship Management Software. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52