SupplyShift

FEBRUARY 20, 2019

The UK Modern Slavery Act requires companies with revenues greater than £36 million to issue an annual “Slavery and Human Trafficking Statement” outlining the efforts being taken to rid its supply chain of human rights violations. Collecting this level of granular supplier data is no small task.

supply chain software solutions 40

supply chain software solutions Supply chain Supply Contract 40

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. million, up from $1.9

Supply Chain Visibility 52

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

The Procuretech Podcast

SEPTEMBER 28, 2021

In this episode, we're going to cover some of the different use cases for AI in the procurement space, and then dive into master data as a specific case study. Using AI to Clean Procurement Data. AI must be applied to specific fields to provide tangible solutions. Some examples of what AI can do in the Procurement space.

Data 52

Data supply chain software solutions Agile and Lean Supply Chain Category management 52

Supply Chain Game Changer

MAY 5, 2021

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! Resilience article and permission to publish here provided by Sam White at Argentus. As everyone in Supply Chain Management knows today, the field has come a long way. Subscribe Here! Email Address. Get Our EBOOK HERE.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

IBM Supply Chain Blog

OCTOBER 31, 2023

Electronic design automation (EDA) is a market segment consisting of software, hardware and services with the goal of assisting in the definition, planning, design, implementation, verification and subsequent manufacturing of semiconductor devices (or chips). The primary providers of this service are semiconductor foundries or fabs.

Contract 84

Contract Quantity Data Demand 84

NLPA (Next Level Purchasing Association)

JULY 11, 2022

Supply chain management is critical to achieving several business objectives. Read about how a British supercar manufacturer took control of its supply chain management and became more efficient and profitable. This bottleneck caused issues up and down the supply chain. The Solution. The Problem.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Quality 52

NLPA (Next Level Purchasing Association)

MAY 8, 2024

Spend Analysis Fundamentals Spend analysis is the process of collecting, categorizing, and analyzing an organization’s procurement data. This data can then be used to negotiate better deals with suppliers, consolidate purchases, and streamline procurement processes.

Real-time Visibility 52

Real-time Visibility Supplier consolidation Suppliers supply chain software solutions 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. They achieved this through supplier collaboration (sharing data) and consolidation (negotiating with fewer suppliers). Continuously monitor and improve your procurement processes.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

IBM Supply Chain Blog

JANUARY 9, 2024

We’ve found in this new IBM-sponsored IDC white paper that the shift to delivering IT-as-a-service is foundational and extends the strategic transformation of IT infrastructure, adding even more value to the business. In fact, IDC estimates that IT infrastructure-related spending will grow by a modest 4.5%

Data 66

Data Demand Innovation Strategy 66

Procurement Software

MARCH 19, 2024

Traditional AI systems are primarily used to train algorithms to analyse data and make predictions. Generative AI, on the other hand, goes a step further by creating new data similar to its training data. It will take time before we have dedicated generative AI-driven procurement software.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Jaggaer

MAY 24, 2019

Another entity had to compensate thousands of customers whose personal data was stolen and illegally sold. A provider had stored this data on a lost USB stick. . How Integrated Procurement Software Solutions Can Help Banks Get Compliant . How did this happen ? Download it here now. About the Author.

Risk 40

Risk supply chain software solutions Supply Chain Efficiency Management 40

Jaggaer

AUGUST 12, 2020

Get the white paper on Sourcing Strategies: Why One Size Does Not Fit All , written by Michael Lamoureux of Spend Matters. And this applies not just to first tier suppliers , but to 2 nd and 3 rd tier suppliers as the extended supply chain at large is coming into greater focus.

Sourcing 52

Sourcing Bidding supply chain software solutions Supply Chain Optimization 52

Claritum

FEBRUARY 14, 2019

Many organisations continue to find their complex expense categories difficult to accurately understand and effectively control, even with dedicated experts in Indirect Sourcing, Corporate Procurement and Supply Chain Management and applying practices that have successfully brought other categories under management. 6 Resources.

Real-time Visibility 36

Real-time Visibility Spend management Management Eprocurement 36

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Analyze purchasing data and identify areas that need improvement using data analytics.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

NLPA (Next Level Purchasing Association)

JULY 20, 2023

Cultivating strong supplier partnerships enhances collaboration, fosters innovation, and ensures a reliable supply chain. This involves reviewing historical expenditure data to identify patterns, trends, and opportunities for cost reduction.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

Procurement Software

JULY 11, 2023

Which brings us back to that old chestnut, data. Having clean data , accessible to everyone, is an essential, non-negotiable foundation. Sure, good data won’t magically solve fractious interdepartmental relationships. But ONLY if you’re able to link the data to fully-aligned objectives and deliverables.

Procurement 52

Procurement Chief Procurement Officer supply chain software solutions Supply Chain Optimization 52

Jaggaer

MAY 12, 2020

Full data transparency. Self-maintained data quality. Supply-Chain and Invoice automation. ” Most procurement software vendors realized that if they weren’t in AI, they weren’t in the game. Conversion (data). All spend under control. All processes automated. Augmented Procurement. Smart Assistant.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Suppliers 52

Zycus Cognitive Procurement

JULY 29, 2021

The move to data-centric and AI-driven sustainable procurement can seem cumbersome at first, with businesses worrying about change management, organizational inertia, and significant digital upskilling. Transitioning from paper-based to digital processes. Actioning the Smart Procurement Strategy: .

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain supply chain software solutions 40

Claritum

MARCH 29, 2019

If the software industry has one fault it is the tendency to add new features on an ongoing basis. The financial consequence of procurement actions, as well as the supply chain implications of these actions, make Procurement pivotal to the businesses financial and operational performance.

Eprocurement 40

Eprocurement Procurement Supply Chain Efficiency supply chain software solutions 40

Procurement Insights

JUNE 24, 2022

In discussing eSourcing, the guest author of the October 2008 post suggests, “It is perfectly possible to prepare a company’s annual accounts on spreadsheets, but it is much less time consuming and error-prone to do the same job with an accounting software package.” Interesting timing?

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

Jaggaer

JANUARY 11, 2019

As we start 2019, it’s critical to understand how current events, changes in governmental policy and the general economic climate may affect the global procurement market and supply chain. With uncertainty over the pending exit of the United Kingdom from the European Union, European supply chains are in limbo.

Procurement 45

Procurement supply chain software solutions supply chain budgeting Agile and Lean Supply Chain 45