SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

ivalua

JUNE 29, 2020

I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. According to 2019 Definitive Healthcare data, U.S. Share on Twitter. Big Opportunity Ahead. Watch a BSW webinar here.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

Procurement Insights

MARCH 25, 2025

Percentage of Suppliers Responding to RFP Requests No definitive, broad-spectrum statistic exists for the percentage of suppliers who respond to RFPs across all industries. Response rates vary widely depending on industry, RFP complexity, supplier capacity, and perceived opportunity value.

Real-time Visibility 52

Real-time Visibility Supplier capacity Bidding Suppliers 52

Let's Talk Supply Chain

MARCH 24, 2025

The uncertain trade surroundings is causing disruptions ‍in the supply and demand dynamics,leading to challenges for manufacturers and suppliers alike. The shifting landscape has led to chaos, emphasizing the urgent need for collaborative approaches among key players to navigate these turbulent times.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

Procurement Heads

OCTOBER 12, 2022

I want a team that understands the different approaches to saving money – tendering, negotiating, value engineering – and to be able to use their judgement and experience to choose the right approach at the right time. Building the team and having greater visibility internally.

Chief Procurement Officer 246

Chief Procurement Officer Real-time Visibility Procurement team Procurement 246

Procurement Tactics

DECEMBER 21, 2022

Supply chain collaboration is definitely new to many newcomers in the supply chain industry. After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Ultimate Supplier Plotting Checklist 2023. 33 Procurement Interview Questions in 2023.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Una

AUGUST 17, 2022

The figure’s head represents the top 1% of strategic suppliers to your organization. This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

The Network Effect

OCTOBER 3, 2014

Today I want to talk about the challenges faced by today’s automotive suppliers, and why a network model for their supply chain can help. Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base.

Networking 78

Networking Suppliers Real-time Visibility Agile and Lean Supply Chain 78

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

ivalua

MARCH 15, 2016

He said he had seen it all in supply base management and had experienced the feeling of victory leaving plenty of blood on the floor in negotiating with suppliers in his day. He talked about how that experience with power was a real high at times. In essence, his point was that supplier collaboration is not altruistic.

Real-time Visibility 100

Real-time Visibility Supply Chain Efficiency Suppliers Collaboration 100

Finale Inventory

SEPTEMBER 25, 2024

Lead time refers to the amount of time it takes for a product to go from the initial order placement to its final delivery to the customer. In ecommerce, understanding lead time is key for efficient inventory management and customer satisfaction. Firstly, it directly impacts inventory management.

Inventory 52

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

Finale Inventory

JULY 15, 2024

One inventory management strategy that has gained significant popularity is Just in Time (JIT) inventory. In this article, we will examine the concept, benefits, potential challenges, and future trends of JIT inventory in the context of ecommerce in 2024. Continuous Improvement: JIT inventory is not a one-time solution.

Inventory 52

Inventory Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility 52

SCMDOJO

MARCH 25, 2022

Although logistics represents a whole system of space/time interdependencies, we believe that the discussion of its history and its chronological evolution still requires extensive studies to explore its origin and its advance in time, from a new point of view. Reminder of Key Definitions – Logistics & Supply Chain Management.

Supply Chain Efficiency 138

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

Pipefy

FEBRUARY 3, 2023

Invoices are documents generated and issued by suppliers that indicate the products, product quantities, and pricing for products and services provided by them to a business, either via email, mail, or electronically. Less manual data entry Manual data entry is not only a time concern, it’s a risk concern.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Procurement Express

DECEMBER 24, 2024

Purchasing is about getting the right stuff at the right time from the right suppliers for a fair price without blowing up your budget or your supplier relationships. Throw in approvals, payment terms, shipping costs, sustainability concerns, and maybe a dash of I know a guy supplier loyalty, and suddenly its chaos.

Purchasing 40

Purchasing Purchase orders supply chain budgeting Budget 40

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? Why is visibility so important?

Supply Chain Visibility 52

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

Finale Inventory

JULY 22, 2024

Strong relationships with suppliers enable businesses to secure necessary inventory in a timely manner. Lastly, effective inventory control systems are necessary to ensure optimal stock levels and minimize the risk of excess stock or stockouts. Here are some strategies to enhance inventory management practices.

Inventory 52

Inventory Supply Chain Optimization Supply Chain Efficiency Demand 52

Finale Inventory

JUNE 29, 2022

Continue reading for more information about shortages and surpluses and how Finale Inventory’s scalable inventory management system can help your business thrive. There are several scenarios that can cause an inventory surplus: 1. Supplier Constraints. What Is a Surplus? Inaccurate Demand Forecasting.

Inventory 52

Inventory supply chain software solutions Demand Price 52

Supply Chain Game Changer

OCTOBER 1, 2019

Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand. Visibility to where goods were was largely limited to updates that came over the phone. Conclusion.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Pipefy

DECEMBER 6, 2023

No matter how much they differ, efficient and friction-free workflows typically share the following traits: they provide visibility, employees are aligned on changes and requirements, fosters accountability, and creates a positive business impact. Visibility Each step in a workflow should be visible.

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

Procurement Heads

JULY 19, 2023

Our Coupa Supplier Portal is now running 55% of our group spend and by the summer it will be up to 75%, that is three part – source to contract, information model and the procure to pay. We have an amazing analytics dashboard, which gives us visibility on spend and suppliers’ contract duration, supplying really important insight.

Real-time Visibility 130

Real-time Visibility Import Sustainability Procurement 130

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Control Towers – Is Yours Real or Just Smoke and Mirrors? Every research firm and vendor has their own definition, but all share the common theme of visibility. A traditional control tower provides visibility to immediate trading partners only.

Supply Chain Efficiency 53

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 53

Empowering CPO

JUNE 20, 2023

It facilitates better supplier management, identifies savings opportunities, ensures compliance with procurement policies, and provides a clear view of spending patterns and trends. For instance, let’s look at a real-world example. Data Classification: After the data is cleaned, it’s time to classify it.

Real-time Visibility 52

Real-time Visibility Data Purchase orders Supply Chain Efficiency 52

Supply Chain Game Changer

JULY 14, 2021

At their root, these two roles coexist with conflicting purposes, but function stronger together than they do apart, as they are — at times — seemingly contrary forces that actually are complementary, interconnected, and interdependent in any business. Procurement is fundamentally centered around the act of acquisition and/or buying.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Supply Chain Game Changer

APRIL 12, 2022

By definition, Supply Chain is responsible for the continuity of supply and inventory of goods and services. If supply lines are disrupted, or if inventory runs out, Supply Chain is on the hook to restore supply. Even the vaunted Just-In-Time models will fail , as the pandemic has proven. Subscribe Here! Email Address.

Supply chain 111

Supply chain Supply Inventory Real-time Visibility 111

Procurement Software

MAY 16, 2023

The European Union takes a very similar definition. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making. It requires a fast return on investment (ROI) and the solution must quickly prove its value to the business.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Una

JULY 6, 2022

A guide to exploring the benefits of working with a group purchasing organization to save money, time and effort. GPOs also bring balance to the negotiating equation because they already have relationships and contracts in place with vendors and suppliers. Savings and beyond. We understand saving money is crucial.

Purchasing 92

Purchasing Category management Real-time Visibility Supply Chain Efficiency 92

Supply Chain Collaborator

FEBRUARY 15, 2016

The challenges of managing the inbound logistics of thousands of products from hundreds of suppliers prompted Bon-Ton’s supply chain leadership to seek and engage a comprehensive, inbound transportation management system (TMS) solution. Online vendor portals will allow greater collaboration and visibility for Bon-Ton’s suppliers.

Logistics 60

Logistics Real-time Visibility Supply Chain Optimization supply chain budgeting 60

The Network Effect

SEPTEMBER 4, 2015

The basic definition of a supply “network” implies collaboration versus a supply chain which of course is serial in nature. Network participants collaborate and plan in real time, eliminating latency related to both information flows as well as order lead times.

Networking 58

Networking Collaboration Real-time Visibility Supply 58

Jaggaer

MAY 19, 2020

“The automation has streamlined the Council’s contract management and supplier performance processes and as such we feel that this has increased our business efficiency and improved internal and third-party collaboration by reducing operating expenses.” – Tommy Burns, Procurement Project Officer – East Ayrshire Council.

Contract 52

Contract Suppliers Management Contract management 52

Procurement Software

MARCH 11, 2022

And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. The best starting point for putting together a simple spend analysis is usually a mixture between: POs issued to external suppliers. This can definitely save a lot of manual work.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Category management Data 52

Procurement Software

MARCH 11, 2022

And yet, especially in many manufacturing industries, goods and services purchased from external suppliers can account for 60% of a company’s revenue. The best starting point for putting together a simple spend analysis is usually a mixture between: POs issued to external suppliers. This can definitely save a lot of manual work.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Category management Data 52

SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Supply Chain Game Changer

FEBRUARY 12, 2020

There are tremendous benefits but there are obstacles, real or perceived, that get in the way. We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). Supply Chain as a Service (SCaaS)! . Loss of Control.

Management 76

Management Real-time Visibility Supply Chain Optimization supply chain budgeting 76

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. Additionally, the inventory is updated on a real-time basis.

Supply Chain Efficiency 96

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

Empowering CPO

JUNE 27, 2023

This transformative practice enables organizations to delve deep into their purchasing data, gaining invaluable insights that can revolutionize their supplier relationship management (SRM) strategies. SRM encompasses various activities, including supplier selection, performance evaluation, contract negotiation, and collaborative innovation.

Supplier relationship management 52

Supplier relationship management Suppliers Management Negotiation 52

Supply Chain Game Changer

NOVEMBER 21, 2018

At that time that was a lot of memory. Gil Press wrote “12 Big Data Definitions: What’s Yours?” And real time tracking means data is constantly being streamed between devices and computers. To truly manage an end-to-end Supply Chain you must have end-to-end visibility to all data in real time.

Data 61

Data e2e Supply Chain Efficiency Real-time Visibility 61