Procurement Insights

MARCH 18, 2024

“Supply chain visibility refers to the ability to track and monitor products, materials, and information as they move through the various stages of a supply chain, from the sourcing of raw materials to the delivery of the final product to the end consumer. Keep that in mind.

Supply Chain Efficiency 85

Supply Chain Efficiency e2e Supply chain Real-time Visibility 85

ivalua

MAY 19, 2022

But why is this so important for business, and what does it mean for prospects and customers? How important is this partnership to both Ivalua & TransferMate? By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

Supply Chain Game Changer

NOVEMBER 16, 2021

It’s a good time to reflect on recent global events and what this should mean for the future. Despite the cataclysmic disruption caused by the pandemic, inertia will prevent real and sustainable progress from being made. And having the courage to implement these changes will be the real test of leadership.

Supply chain 89

Supply chain Real-time Visibility e2e Supply 89

ivalua

MARCH 9, 2023

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. preferred terms are negotiated in sourcing but only captured if purchased against) Invoicing: The most important part of the process for the supplier–getting paid. Purchasing is also where value is captured (i.e.,

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Spend Matters

AUGUST 28, 2023

At the same time, the importance and criticality of services spend for organizations hasn’t shrunk (on the contrary …) nor the need to address typical challenges and hurdles inherent to complex service categories: inefficient processes, lack of control and low spend visibility.

e2e 85

e2e Sourcing Real-time Visibility Contract 85

Procurement Tactics

JULY 20, 2023

This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands. This automation saves time and effort, making the procurement process more efficient.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Supply Chain Game Changer

JANUARY 14, 2020

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. Suddenly Supply Chain and its importance was on the minds of political and business leaders, and the common person, everywhere around the world. Does that mean that the importance and value of Supply Chain is at a crossroads?

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Spend Matters

APRIL 4, 2024

The technology opens up a wealth of capabilities not previously possible for the procurement practitioner in terms of data availability, end-to-end visibility, cost, time and risk reduction, and ultimately the overall health of the third-party network. But submitting and collecting is a burden on everyone involved.

Real-time Visibility 81

Real-time Visibility Management e2e Risk management 81

Supply Chain Game Changer

OCTOBER 6, 2020

Now that we face the prospect of a second wave of the virus, how should Supply Chain professionals focus their time and energy ? Wearing masks, social distancing, washing hands, and more will likely be the norm for some time to come. So where should Supply Chain professionals be spending their time now? The First Wave.

Supply chain 105

Supply chain Real-time Visibility e2e Supply 105

Supply Chain Game Changer

OCTOBER 1, 2019

Visibility to where goods were was largely limited to updates that came over the phone. When goods arrived at their destination physical bills of lading were used to corroborate the accuracy of shipments. The Digital Supply Chain is the result of the application of electronic technologies to every aspect of the end to end Supply Chain.

Supply Chain Optimization 82

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

Supply Chain Game Changer

SEPTEMBER 17, 2020

As reported by Jeff Berman of Supply Chain 24/7 , “[up to] 70% of B2C companies and 60% of B2C companies are focused on the full implementation of their respective ecommerce supply chain strategies, with 70% of total respondents viewing ecommerce at ‘very important’ or ‘extremely important,’ as it relates to volume and revenue.”.

supply chain software solutions 105

supply chain software solutions Supply Chain Efficiency Supply chain e2e 105

ivalua

JANUARY 27, 2021

During these tumultuous times, achieving AP automation superhero status may seem an impossible task, as you continue to battle disrupted supply chains, high costs and general chaos. They follow an end-to-end channel strategy with nearly all spend covered by contract or POs. What is stopping your AP Team from Being Superheroes?

e2e 26

e2e Real-time Visibility Suppliers Supply Chain Optimization 26

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. Effective Distribution Operations require careful planning, coordination, and execution to ensure that products reach their intended destinations in a timely and cost-effectively.

Strategy 117

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 117

IBM Supply Chain Blog

FEBRUARY 26, 2024

This week, as thousands of network operators, technology vendors, and mobile device providers from all over the world converge on Barcelona for Mobile World Congress , it’s the perfect time to discuss how IBM® is shaping the future of network operations and telecommunications. The telecom industry is no exception.

e2e 92

e2e Real-time Visibility Networking Data 92

SCMDOJO

JANUARY 18, 2024

Manually handling all this is expensive and more time-consuming. It has three major parts: Inception of order; Order readiness (sorting, collecting, packing, and dispatch); Inventory administration. The system involves IoT-enabled real-time shipment tracking with data shared through digital channels.

Supply Chain Optimization 92

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Real-time Visibility 92

Supply Chain Game Changer

APRIL 26, 2021

Common Mistakes in Importing and Exporting! Food importing and exporting article and permission to publish here provided by Emma Wilson. More business people shift their focus to the food commodity import and export. How do you establish your brand in the highly competitive food importing and exporting marketplace?

Export 61

Export Import e2e Distribution channels 61

Supply Chain Game Changer

SEPTEMBER 14, 2022

How Does CNAPP Play an Important Role in Security? Consolidating security technologies is made easier with CNAPP, which also increases visibility into organizational operations and allows for more command over security and compliance issues in the cloud. Better Integration and Earlier Detection Attributed to Raised Visibility.

Real-time Visibility 94

Real-time Visibility Supply Chain Efficiency e2e Risk 94

Supply Chain Game Changer

NOVEMBER 11, 2018

The level of digital connectivity across the entire End-to-End Supply Chain, from customers through to manufacturers, distributors, logistics companies, and suppliers of all kinds enables this forward leap to an Industry 4.0 In Supply Chain having complete visibility to the entire network is essential for effective operations.

e2e 72

e2e Real-time Visibility Supply chain Leadership 72

Supply Chain Game Changer

FEBRUARY 6, 2020

The road to freight management Hell is laden with poor freight visibility and outdated systems. Failures within freight data visibility contribute to compounding consequences throughout downstream supply chain operations, and the problem only grows worse from there. The Causes of Poor Freight Data Visibility. That much is clear.

e2e 71

e2e Real-time Visibility Management supply chain budgeting 71

The Network Effect

JANUARY 8, 2015

But what I’m going to discuss today is very real and the most advanced logistics providers can deliver them today. With orchestration, an LSP is afforded the visibility, monitoring, and operational insights required to ensure client service levels are maintained no matter who is performing actual supply chain tasks.

Supply chain 76

Supply chain Real-time Visibility e2e Supply 76

IBM Supply Chain Blog

JUNE 30, 2023

. ​ Automotive supply chain facts Up to 50 percent of unscheduled downtime is due to a lack of spare parts or stockouts ( The Importance of Inventory Optimization in MRO, July 2015 , Aberdeen Group) Generally, 99% of [semiconductor] manufacturing foundries have no visibility where the part is going. Why is this happening?

supply chain budgeting 62

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 62

Supply Chain Game Changer

FEBRUARY 18, 2021

It’s a great time to capitalize on some of the trending ideas like the Amazon Prime Air service that will deliver packages up to five pounds in 30 minutes or less using small AI-enabled drones for delightful delivery experiences. This is the time online retail businesses need to optimize and improve their supply chain and logistics processes.

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Optimization e2e 98

Supply Chain Collaborator

APRIL 14, 2020

Though it is an added stressor at this precarious moment, the time will never be more appropriate to take action toward improving enterprise logistics processes. Define the contours of your supply chain network from end-to-end – inbound from vendors to production facilities and outbound from DCs to customers.

Logistics 95

Logistics Agile and Lean Supply Chain Real-time Visibility e2e 95

Una

AUGUST 30, 2022

In episode 31 of The Sourcing Hero Podcast , The Hackett Group’s Chris Sawchuk spoke of procurement technology’s enabling role in helping create a more customer centric organization: “ [ Procurement] technology is important in actually creating a better experience for our stakeholders to engage with us.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

IBM Supply Chain Blog

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

supply chain software solutions 81

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 81

Jaggaer

DECEMBER 5, 2024

A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority. The Visibility Challenge: Why Seeing Clearly Matters A major insight from the report is the visibility gap, particularly with tier 2 and tier 3 suppliers.

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

JANUARY 26, 2024

First-class OpenTelemetry support Full-stack observability demands thorough visibility and comprehension. OpenTelemetry serves as an indispensable tool for achieving comprehensive visibility, facilitating streamlined practices with common instrumentation, portable formats and interoperable pipelines. Ansible®, PagerDuty, etc.).

Innovation 84

Innovation e2e Real-time Visibility Sourcing 84

Finale Inventory

SEPTEMBER 4, 2024

Supply chain traceability is important for ensuring accountability and sustainability within the industry. Defining Supply Chain Traceability In straightforward terms, supply chain traceability means having full visibility and transparency across the entire supply chain.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Inventory 52

IBM Supply Chain Blog

JUNE 30, 2023

Purpose Savvy sustainable consumers want end-to-end visibility into a product’s origins to ensure that it was sustainably developed and transported every step of the way. So make sure that you have real-time inventory visibility to deliver on your promises (what’s in-stock, when purchased items will ship and arrive).

Retail Supply Chain 59

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

Supply Chain Game Changer

MAY 17, 2022

Even before the pandemic occurred, it was standard practice in most companies to have a Supply Chain team that had to react in real time to unforeseen circumstances. I’ve lived through these nightmare scenarios many times, as a high-priced expediter. The result is that they continue to spend all their time fighting fires.

Supply chain 106

Supply chain Real-time Visibility Supply e2e 106

Let's Talk Supply Chain

MAY 14, 2023

Today Will Urban, Chief Revenue Officer at Flexport, joins me to chat all about the company and what they do; making sustainability a priority; the importance of providing visibility and control in a fragmented industry; and why global trade is a force for good. Will is a licensed U.S. 41.15] The future for Flexport. “We

e2e 59

e2e supply chain budgeting Supply Chain Optimization supply chain software solutions 59

Supply Chain Game Changer

OCTOBER 11, 2022

The end to end electronic connectivity of all elements of the Supply Chain, as enabled by an extensive array of exciting new technologies, will define all progression over the next few decades. Certainly having a view is important. They don’t understand the importance and power of Supply Chain. Subscribe Here!

Supply chain 97

Supply chain e2e Supply Real-time Visibility 97

Supply Chain Game Changer

APRIL 21, 2020

You reduce cost, you eliminate opportunities for error, you reduce time, you reduce inventories, and you strengthen your Supply Chain’s ability to operate in the face of any disastrous situation. The ability to not touch data in any fashion is equally important. Elements of a Don’t Touch Supply Chain Strategy.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain supply chain budgeting supply chain software solutions Supply Chain Optimization 91

FourKites

DECEMBER 11, 2020

But when it comes to visibility, dock workers aren’t typically given the foresight they need to do their jobs efficiently. The yard can take advantage of these newer visibility platforms to stay better informed about truck estimated times of arrival (ETAs). Overtime costs due to lack of visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility e2e Management 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

What’s needed is a solution that not only safeguards the performance of your mission-critical applications, but also goes above and beyond through reduced cost, time efficiency and monetary savings. This aspect is crucial for app performance optimization, as it provides real-time insights through high-fidelity data.

Real-time Visibility 64

Real-time Visibility e2e Demand Networking 64

IBM Supply Chain Blog

AUGUST 2, 2023

Using real-time monitoring and visualization tools, operations teams can track the health of distributed systems and detect anomalies or failures. For instance, they can analyze how changes in response times affect conversion rates or customer satisfaction.

Real-time Visibility 55

Real-time Visibility Import e2e Product management 55