SCMDOJO

MARCH 25, 2022

Reminder of Key Definitions – Logistics & Supply Chain Management. A Technical and Academic Definition” , we have presented quite a few academic definition of SCMDOJO, and one presented by Donald J. NAPM published a new magazine, Purchasing Magazine, in 1965. and J-P Rodrigue (2004)). Rider (1970)). Bowersox, David J.

Supply Chain Efficiency 138

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Logistics 138

Procurement Software

MAY 16, 2023

The European Union takes a very similar definition. Onventis Onventis provides a Procure-to-Pay module for buyers that streamlines the procurement process from purchasing to payment. Kissflow Kissflow Procurement Cloud is a cloud-based procurement software that offers a wide range of modules to streamline purchasing processes.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurement Software

JULY 18, 2023

When you think of the best purchasing software solutions for SMEs, or procurement tech in general, you probably think “expensive” This list of 15 procurement tools specifically targeted to smaller and growing businesses will prove it’s not so. The European Union takes a very similar definition.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Pipefy

DECEMBER 6, 2023

Businesses use workflows to complete most tasks, from entering a purchase order to manufacturing goods and delivering a service. Visibility Each step in a workflow should be visible. This is most often achieved by mapping the process from end to end and creating a visual representation of it (more on that later).

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

Supply Chain Game Changer

DECEMBER 2, 2020

However, bringing forward these customizations to new ERP releases is costly and complex, the system of record typically remains at a down-level version, lacking new feature sets and support, and ultimately limiting visibility, speed, and flexibility. Definitely! It’s a monolithic mess – and one that’s actively perpetuated.

Supply Chain Efficiency 68

Supply Chain Efficiency Supply Chain Optimization Supply chain e2e 68

Pipefy

JANUARY 5, 2024

The countless options some pre-defined text tools offer make them a fantastic vehicle for customizing a process to exact specifications, from end to end. It’s the dictionary definition of “win/win”: Employees and customers get the help they need without delay, allowing IT teams to focus on issues of bigger significance.

Real-time Visibility 52

Real-time Visibility Price Data e2e 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Check out Brand Protection – The Definitive Role of the Supply Chain! The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases. End to End Supply Chain Visibility and the Internet of Things (IoT).

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Pipefy

FEBRUARY 13, 2023

Build better workflows with the Definitive Guide to Workflow Management Download now What is procurement? Procurement is the process businesses use to source and obtain goods/services from external suppliers to achieve strategic objectives and fulfill business needs or purchase requests. Is acquisition part of procurement?

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

Pipefy

FEBRUARY 13, 2023

A company’s procurement department is driven by various processes and teams, including purchasing and accounts payable. Build better workflows with the Definitive Guide to Workflow Management Download now What is the source-to-pay process? One of the tactical processes leveraged to realize strategic goals is the source-to-pay process.

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

Pipefy

JANUARY 31, 2023

Procurement risks occur as a result of unreliable purchasing and P2P processes. The procure-to-pay (P2P) process , also sometimes referred to as purchase-to-pay, is a structured workflow that involves receiving goods or services and issuing payments. Procurement risks occur wherever visibility and control are limited.

Risk 52

Risk Procurement e2e Purchase orders 52

Zycus Cognitive Procurement

DECEMBER 10, 2021

A Source-to-Pay cycle is a holistic approach that covers end-to-end procurement lifecycle. And the S2P software enables multiple activities such as auctions, spend analysis, purchasing categories management, purchase requisitions, sourcing events, billing and vendor relations within the same solution.

Sourcing 52

Sourcing e2e Contract supply chain budgeting 52

Pipefy

MAY 5, 2023

Create a more efficient invoice approval workflow with The Definitive Guide to Procure-to-Pay Optimization Download free guide What is the invoice approval workflow? Without control and visibility of the invoice processing and approval workflow, issues with non-compliance, overpayments or duplicate payments, and fraud can occur.

e2e 52

e2e Real-time Visibility Purchasing Procurement 52

Pipefy

MAY 3, 2023

Company purchases are a common and necessary part of running a business, whether it’s for office supplies, outsourced services, or raw goods. When these purchases are made, they’re usually issued using a line of credit; companies place an order, the vendor or supplier provides the goods or services, and then payment is requested.

e2e 52

e2e Purchase orders Purchasing Suppliers 52

Procurement Software

MARCH 7, 2023

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The answer is no: P2P and S2P are not the same and definitely can’t be used as synonyms. Is P2P the same as S2P?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Wendy Tate, professor of supply chain management at the University of Tennessee, and coeditor-in-chief of the Journal of Purchasing and Supply Chain Management said it well , “Eliminating waste is good, but inventory isn’t necessarily the same as waste. In fact, more than 70% of B2B buyers say they are moving to remote or digital purchases.

Supply chain resilience 52

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

Pipefy

JANUARY 4, 2023

This guide takes an in-depth look at procurement automation to help you understand how and why more businesses are turning to this technology to contain costs, improve visibility, and protect themselves from supply chain disruptions. Build better procurement processes with the Definitive Guide to Workflow Management Download now.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Pipefy

JUNE 14, 2023

Key takeaways Spend data is the information related to a company’s spending, specifically goods and services purchased from external suppliers or vendors. Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. What is spend data?

e2e 52

e2e Real-time Visibility Contract Procurement team 52

The Good Spending

APRIL 30, 2023

This simple definition suggests that a contract doesn't disappear upon its execution, just like some colleagues believe when they leave their contracts poorly recorded and unmanaged the moment they sign them. It provides a holistic approach to managing contracts and ensures visibility, control, and compliance at every stage.

Contract 52

Contract Management e2e Negotiation 52

Procurement Software

JUNE 20, 2023

If you’re not an enterprise company, any software you purchase needs to be versatile, easy to use and fast to implement. The European Union takes a very similar definition. SimpliContract SimpliContract is a SaaS-based, AI-powered end-to-end enterprise contract authoring and lifecycle management platform.

Contract management 52

Contract management Contract e2e Management 52

The Procuretech Podcast

MAY 24, 2022

Should we be concentrating on better understanding our multi-tiered complex chains, rather than just purchasing software to better track and trace shipments? Understanding the value of pre-emptive end-to-end supply chain management. He says yes, definitely. Visibility is lacking, all round and this needs to change.

supply chain software solutions 52

supply chain software solutions Supply chain e2e Supply 52

Pipefy

JUNE 15, 2023

Build a more efficient procurement with the Definitive Guide to P2P Optimization Download free guide What is cloud procurement? This end-to-end system’s built-in collaboration and data analysis tools eliminate process friction commonly created by manual or disjointed workflows.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Pipefy

AUGUST 18, 2023

Process discovery includes the identification and definition of activities and tasks comprising a process; its purpose is to make all stages in a process visible in order to ensure clear responsibility for each of those phases. They can use data from previous sales and purchases to select preferred vendors.

Import 52

Import Real-time Visibility e2e Data 52

SCMDOJO

NOVEMBER 24, 2023

Read more about Warehouse Automation: Definition, Benefits and Issues at our Website SCM DOJO What is a Warehouse Management System (WMS)? A warehouse management system is a software solution that provides transparency and visibility to the entire warehouse operations. The modern supply chain operates on visibility and transparency.

Supply Chain Efficiency 96

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 96

HICX

DECEMBER 1, 2022

As Anthony Payne , CMO, HICX, explains, by reducing or removing this friction, “You’ll have greater control and visibility through massively improved data, and you’ll position yourself to be customer-of-choice for the largest possible number of your suppliers.”?. How to remove friction through measurement and feedback?

Suppliers 52

Suppliers e2e Import Demand 52

Procurement Software

DECEMBER 5, 2022

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The answer is no: P2P and S2P are not the same and definitely can’t be used as synonyms. Is P2P the same as S2P?

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Jaggaer

JUNE 28, 2024

These include new regulations, closures to major shipping routes and foreign exchange volatility, among others – you can’t control these, but you definitely have to anticipate and react to them. Iain went on to point out that you need visibility over all of these moving parts in a dynamic environment.

Leadership 52

Leadership Agile and Lean Supply Chain Raw materials Influencing 52

Pipefy

JANUARY 5, 2023

Build better procurement processes with the Definitive Guide to Workflow Management Download now. Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella. Containing costs.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52

Solvoyo

MARCH 5, 2021

If your planning platform has inaccurate data and you don’t have visibility on the data’s quality, you will need to keep the outputs. Accurate and timely reconciliation of purchase orders with receipts. Optimizing supply and demand matching across the end-to-end supply chain. Having accurate stock-out data.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain software solutions 52

Pipefy

AUGUST 1, 2023

Learn how to improve process monitoring functions with the Definitive Guide to Business Process Automation Get free guide Business process monitoring: definition and purpose Business process monitoring is the observation of application-related functions needed for smooth and reliable core, support, and long-tail business processes.

Real-time Visibility 52

Real-time Visibility Data e2e Sourcing 52

Pipefy

JANUARY 11, 2023

Build better processes with the Definitive Guide to Workflow Management Download now. Procurement teams are now expected to perform as a strategic, value-creating business partner that improves business agility, financial visibility, process resilience, and competitiveness. Complex purchasing systems (31%).

Strategy 52

Strategy supply chain software solutions Procurement Agile and Lean Supply Chain 52

Pipefy

MARCH 28, 2024

A few process orchestration benefits include collaboration, visibility, and preset connectors and templates. Visibility Businesses are vulnerable to maverick spending because, by definition, it occurs outside of normal spending protocols, or blind spots, often instigated by an emergency.

Real-time Visibility 52

Real-time Visibility e2e Collaboration Data 52

Procurement Software

FEBRUARY 6, 2024

We’ve got the definitive lowdown on 10 procuretechs from Europe’s chilly northern reaches, who are heating up the digital procurement ecosystem. Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks. Ignite also places an emphasis on reliable data encryption.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Pipefy

MARCH 13, 2023

Learn how BPA leads to better, more streamlined workflows with the Definitive Guide to Business Process Automation Download free guide Workflow vs. process: What’s the difference? Use this guide to learn how to improve and streamline processes for better business results and more productive teams. But first, let’s define a couple of terms.

e2e 52

e2e Data Collaboration Risk 52

Pipefy

JULY 12, 2023

By definition, this is a workflow game-changer. Continuous purchasing data analysis provided by IPA ensures that the best price and most recent, relevant terms and conditions are readily available. For a clear picture of other differences between RPA and IPA, consider that every function RPA provides is available in IPA solutions.

e2e 52

e2e Data Quality Risk 52

World of Procurement podcast

NOVEMBER 7, 2021

It's a pretty cool platform that automates a whole bunch of, well, a whole bunch of things regarding onboarding the purchase order, invoicing elements, and even contract elements. I think it's a really cool episode, I think is really cool product that you should definitely have a look into that. 27:08 Natasha Yeah, no, definitely.

Procurement 52

Procurement Suppliers supply chain software solutions Contract 52

Pipefy

MAY 9, 2023

Definition of procurement KPIs Key performance indicators (KPIs) are measurements of the efficacy of a business department, process, or strategy. Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52