Spend Matters

SEPTEMBER 14, 2023

Risk reduction is especially important in the supply chain, where leaders are focused on supply and supplier transparency to assess vulnerabilities. We’re also seeing that suppliers are no longer being viewed simply as vendors, but strategic partners. Here are a few of the top concerns we’re hearing.

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Supply Chain Game Changer

JULY 27, 2021

Investment in process redesign, infrastructure, systems, resources, inventories, supplier relationships and more. It also takes strong leadership and influence to change these paradigms and establishing a power call to action mandate. It’s hard to get more resilient than having real time visibility and decision making.

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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.

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Pipefy

OCTOBER 25, 2023

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. By working with procurement, connecting disparate systems, implementing fraud controls for these specific areas, tracking end-to-end vulnerabilities across financial and operational processes is possible.

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Procurement Insights

FEBRUARY 1, 2024

This shift responds to the growing need for unified platforms that provide end-to-end process visibility, essential for global corporations seeking to streamline their procurement operations. Fragmented workflows, scattered supplier information, and lack of full source-to-payment traceability are no longer acceptable.

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Jaggaer

JUNE 28, 2024

The reason being quite simply that there is so much else going on in our organizations and in the world at large that’s grabbing our attention: supply chain disruptions, supplier value management, risk factors, finding the right balance between savings and lead times and, last but not least, sustainability, in particular reducing carbon footprint.

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IBM Supply Chain Blog

NOVEMBER 3, 2022

Also, 93% of global consumers say COVID-19 influenced their views on sustainability. Many are working with suppliers in strategic ways, including on issues such as emissions reduction and socioeconomic inclusion. Inventory positioning: Visibility across your entire network allows you to optimize the fulfillment of each order.

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Supply Chain Trend

AUGUST 13, 2020

IBP requires cross functional alignment to eliminate silos, to achieve accountability for delivering strategic, financial and operational outcomes, and to enable scenario planning that provides forward visibility into the consequences and risks of decisions (Sorensen, 2020). Data granularity decreases the longer the planning horizon.

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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.

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e2e Management Purchase orders Real-time Visibility 59

Supply Chain Game Changer

MARCH 28, 2020

This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. And invariably they think of Procurement as the group to go to in order to squeeze more costs out of suppliers over and over again.

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Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Pipefy

JANUARY 30, 2024

Procurement technology landscape Procurement technology is primarily designed to simplify procurement processes and reduce costs, but it’s grown to offer so many more benefits than that, with the greatest one being transforming procurement into a source of reliable strategic influence. Supplier performance management.

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

Arkestro

JUNE 6, 2023

Limited Risk Transparency When it comes to where the majority of direct spending comes from, 70% of CFOs feel they have good visibility into top tier suppliers. However, just 15% of CFOs feel like they have visibility into tier two suppliers and beyond — a major blind spot. Plus, our tool is proactive.

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Supply Chain Game Changer

SEPTEMBER 17, 2019

Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. By looking at a supplier’s onsite, real-time quality-control systems and data, for example, you may anticipate how quality issues will affect the supply of key goods and bring other suppliers into the picture.

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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. Having up-to-date supplier lead times. Maintaining outlier events that have influenced demand patterns or supply availability. key customers and/or suppliers).

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Pipefy

JANUARY 31, 2023

Simple example of the procure-to-pay process ( click here to enlarge ) This process connects the purchasing department and the accounts (AP) department and directly influences a company’s financial projections and quarterly financial statements, which is why it’s important that the P2P process is connected and managed properly.

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Claritum

NOVEMBER 16, 2018

Focus Procurement on supplier optimisation. The procurement environment is dynamic and constantly changing with many influences: political, environmental and technological. Ensuring that policies are adhered to and that there is appropriate supplier selection (strategic suppliers, approved suppliers and competitive bids for example.).

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Supply Chain Game Changer

SEPTEMBER 21, 2021

There are so many different influencers on inventory, and so many variables at play, that keeping the appropriate levels of inventory on hand is a herculean feat. All of these influences create an enormous juggling act challenge for Supply Chain professionals. performance, disaster recovery effectiveness, robustness, etc.). Conclusion.

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Pipefy

DECEMBER 20, 2023

With the analysis of supplier performance data, purchase managers can make decisions that benefit the company faster and more accurately. It also benefits end-to-end procurement management since visibility and transparency are emphasized. Why is strategic procurement important?

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World of Procurement blog

MAY 10, 2024

Conducting market research : AI can scan the web to collect pricing information, identify potential suppliers, assess supplier reputations, and keep up-to-date with market and industry trends. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Jaggaer

OCTOBER 8, 2019

They should also extend this digitalization to supply chain management (supplier portal, webEDI, etc.) Connect the dots between processes, your teams, and the suppliers to ensure that data flows smoothly. This will play a vital role in making organizations more agile and reducing supplier risk. 4) The “Day of Digitalization”.

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Supply Chain Game Changer

APRIL 23, 2019

This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. And invariably they think of Procurement as the group to go to in order to squeeze more costs out of suppliers over and over again.

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Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Procurement Software

JULY 25, 2023

Plus, we can also perform the entire end-to-end research, due diligence and hold your hand during the sourcing process for your procurement software. It doesn’t start with the RFI and finish at the end of the hyper care period. question, you need to be influencing and persuading Finance , IT and Operations how they will benefit.

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Procurement Software

JANUARY 23, 2024

End-to-end encryption provides a uniquely secure way to sign and store contracts, eliminating the need for dedicated servers and VPN connections. Specific and sustainable supplier catalogues are included, allowing users to benefit from Hivebuy’s bulk buyer conditions. The app is built around its large supplier database.

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Zycus Cognitive Procurement

JULY 27, 2021

The influence of automation is increasing day by day. 3) Tighter end-to-end integration enables fully automated processes, lower operating costs, reduction in FTEs etc. Supplier information, transaction history, and past orders can easily be mapped and enable better decision making. Account Payables. Compliance issues.

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Claritum

OCTOBER 12, 2018

As the expert of a specific category of products, the in-depth knowledge of the Retail Category Manager will drive the pricing, shelving, marketing and promotions of the category’s products to make them as visible, accessible, and appealing to customers as possible. 2 Defining the perfect Procurement world.

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Claritum

AUGUST 4, 2020

many influences: political, environmental and technological. are adhered to and that there is appropriate supplier selection. strategic suppliers, approved suppliers and competitive bids for. The following diagram shows the relationships that should exist between suppliers, users and Category Managers.

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Procurement Procurement team Supply Chain Efficiency Purchasing 41

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. It gives you full visibility of your spend data, all in one place. The platform consists of four modules.

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Supply Chain Game Changer

NOVEMBER 19, 2018

Recent projects include the digital transformation of a worldwide service and repair parts program; enabling an OEM’s end-to-end supply chain visibility of outsourced manufacturers, assemblers, distribution hubs and 3PL’s; and forming a B2B business development capability for a successful B2C eCommerce company.

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Leadership supply chain software solutions Bill of materials Real-time Visibility 42

Planergy

SEPTEMBER 12, 2023

How to gain visibility and control of your indirect spend. This can involve activities such as purchasing suppliers, acquiring mines or farms, or establishing manufacturing facilities. This strategy can significantly increase a company’s presence, customer base, and overall market influence.

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Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

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