Procurement Tactics

MAY 22, 2023

Integrated logistics, also known as integrated supply chain management, refers to the coordinated and seamless management of all the activities involved in the movement and storage of goods and materials. Efficiency in inventory management By integrating the different operations, inventory management can be significantly improved.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Let's Talk Supply Chain

FEBRUARY 28, 2025

By prioritizing robust security measures and compliance protocols, TecPlata ensures the integrity of the supply chain from end to end. Through the deployment of advanced technologies, such as blockchain and IoT devices, TecPlata guarantees end-to-end visibility and traceability, fostering trust and reliability among stakeholders.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain e2e 52

ivalua

SEPTEMBER 2, 2019

Orsay (France), September 02, 2019 – Viparis has chosen e-Procurement software vendor Ivalua and Consulting firm CKS to optimize the management of supplier relations, source-to-contract (purchase orders, calls for tender and contracts), expense analysis and measurement of Procurement performance.

e2e 133

e2e Procurement Purchase orders Project management 133

Supply Chain Game Changer

AUGUST 19, 2022

Supply chain management and contract lifecycle management are key ingredients to business success. The journey from idea to end product to shipment and delivery is exciting, yes, but rather complicated — fueled with many moving parts. How well a company manages its supply chain processes can directly impact its bottom line.

Contract 97

Contract supply chain budgeting Management Supply Chain Efficiency 97

Jaggaer

FEBRUARY 5, 2025

JAGGAER characterizes the steps in this process as Spend Management, Category Management, Sourcing , and Contracts. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration vs. Supplier Relationship Management What good is having the best suppliers if you can’t communicate well enough to leverage their products and skills? The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

ivalua

OCTOBER 29, 2019

It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. This encourages more diverse participation and improves the quality of responses – and therefore creates value for the general public.

e2e 113

e2e Procurement Bidding Contract 113

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. Procurement Tracking is the process of monitoring and managing procurement activities. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Supply Chain Opz

MARCH 6, 2015

In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch. Typically, total cost, quality, and delivery performance appear as critical factors in the supplier selection process. All of these aspects impact procurement processes.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Spend Matters

JULY 10, 2023

The complexity of S2P with its use of multiple systems to address each aspect it covers, manual processes, data quality issues and process variations can make managing the end-to-end process difficult. Organizations need to invest in technologies that improve visibility and control over the entire S2P process.

Market analysis 98

Market analysis e2e Contract management Spend management 98

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance. Maverick buying .

e2e 130

e2e Suppliers Procurement Contract 130

ivalua

NOVEMBER 14, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Don’t forget about processes to manage data creation and maintenance. That’s significant.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

ivalua

NOVEMBER 25, 2020

As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. . Historically, the role of Procurement has been regarded as being exclusively aligned with cost management and supplier management , which is only part of the full picture.

Chief Procurement Officer 130

Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. The word quality here covers a range of considerations contributing to value in every aspect of a companys operations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Supply Chain Efficiency Sourcing 52

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Supply Chain Game Changer

APRIL 29, 2021

At the forefront of these changes are new technologies which will impact supply chain management in the future. The impending changes include connected, end-to-end, value chains, and more intelligent, automated, and autonomous distribution systems. The Future Roadmap of Intelligent Supply Chain Technologies: 2021 and Beyond.

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 130

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 130

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1. Dirty Little Secret #2–4.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

IBM Supply Chain Blog

JUNE 30, 2023

In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Real-time Visibility 77

IBM Supply Chain Blog

APRIL 4, 2024

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. BPM is often confused with other seemingly similar initiatives.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

Spend Matters

OCTOBER 1, 2024

Innovation and collaboration with customers were major themes, with future developments like ‘co-pilots’ being explored to enhance compliance, supplier management, data insights and more. The Basware Network for speedy and high-quality invoice exchanges.

e2e 107

e2e Innovation Data Quality 107

Supply Chain Game Changer

SEPTEMBER 17, 2020

Why don’t you have a TMS (Transportation Management System) Solution yet? As evidenced by the most recent peak shipping season , the need for effective, high-quality logistics and warehouse management has never been higher. Warehouse Management System. Yard Management System. Warehouse Control System.

supply chain software solutions 105

supply chain software solutions Supply Chain Efficiency Supply chain e2e 105

SCMDOJO

FEBRUARY 6, 2024

To mitigate the issues of the end-to-end supply chain and cope with customer expectations, organizations are constantly focusing on reducing the delivery lead time. One of the essential steps to reduce the lead time is to manage inventories in every form like raw material, semi-finished products, and final goods.

Supply Chain Efficiency 105

Supply Chain Efficiency Inventory e2e supply chain software solutions 105

Spend Matters

OCTOBER 24, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — COVALYZE can save category managers and buyers significant time and money, as it takes away many of the manual processes historically required of these roles.

e2e 114

e2e Data interpretation Buyers Data 114

ivalua

MAY 19, 2022

This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers. There are several very visible areas of monetary savings. Basically, creating happy suppliers, and members of the AP team.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

Supply Chain Game Changer

NOVEMBER 27, 2019

In supply chain management, it is essential to keep all unnecessary costs mitigated. It is vital in supply chain management to avoid these five costly errors. Neglecting metrics and analytics your supply chain management collects. In all aspects of managing a business, you need to plan for the future.

Supply chain management 74

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 74

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 106

Procurement solutions Procurement e2e Real-time Visibility 106

Jaggaer

FEBRUARY 5, 2025

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. We normally now refer to the first step as spend management and we use spend analytics technology to aggregate and explore spend data.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing supply chain software solutions 52

Supply Chain Game Changer

SEPTEMBER 6, 2022

This activity includes collecting and storing inventory, fulfilling orders, and managing the post-sales process. If possible, you should also consider investing in warehouse management software to help you track inventory and boost the efficiency of your inventory management processes. Enable End-To-End Order Visibility.

Order Fulfillment 94

Order Fulfillment Supply Chain Efficiency e2e Real-time Visibility 94

SCMDOJO

MAY 6, 2022

The growth of coding capabilities and accessible resources can help several firms consolidate data sources and create real-time visibility throughout the end-to-end supply chain using no-code development platforms. Get Visibility For All Stakeholders. Manage Your Business By Exceptions. Regrello Will ….

supply chain software solutions 138

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 138

SCMDOJO

OCTOBER 14, 2023

Blockchain has evolved as a highly secure and fast way of managing transactions and has proven benefits in almost all fields. Integration of supply chains is widely helpful in lowering costs and increasing quality. What is a supply chain management system (SCM)? It has made visible changes in the SCM systems.

Supply Chain Efficiency 105

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 105

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. Cash Cycle Management. Supply Chain has a central and pivotal role, if not the controlling responsibility, for Cash Cycle management. Cost and Profit Management.

Agile and Lean Supply Chain 84

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

Supply Chain Game Changer

MARCH 16, 2021

Because we had visibility as to demand, and inventory, at a consumer level, we could completely circumvent and simplify the entire distribution channel network. Instead of replenishing supply into numerous channels before the product could be purchased by the end consumer we could fulfill orders directly to the end consumer.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 100

Supply Chain Game Changer

JULY 16, 2019

Shortly after I joined the Commodity/Category Management Procurement organization I was invited to attend the annual Strategic Supplier Awards event. Prior to joining the Procurement team I had neither understood nor appreciated the importance of Supplier Relationship management. Subscribe Here! Email Address. DO’s.

Supplier relationship management 58

Supplier relationship management Suppliers Management e2e 58

Supply Chain Game Changer

SEPTEMBER 5, 2022

The Digital Supply Chain involves the application of a large variety of technologies built on a backbone of real time electronic connectivity and visibility of every aspect of the entire end to end Supply Chain. End to End Supply Chain Network Mapping. This is a difficult challenge.

Supply Chain Optimization 92

Supply Chain Optimization Supply chain Real-time Visibility e2e 92

ivalua

SEPTEMBER 24, 2020

Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments.

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100