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.

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Supply Chain Efficiency e2e Supply chain Real-time Visibility 85

IBM Supply Chain Blog

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

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

IBM Supply Chain Blog

JUNE 30, 2023

Visibility. Visibility into other key inventory (e.g., safety equipment, parts for trucks, and raw materials for infrastructure), weather events, customer demand levels, and logistics can help prevent disruption in operations, too. Visibility into other key inventory (e.g.,

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

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. What is a supply chain management system (SCM)? It comprises all elements from the origin (the raw material) to the consumption networks (end users).

Supply Chain Efficiency 105

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

Spend Matters

OCTOBER 4, 2023

Since Spend Matters last examined it in 2019, it has expanded its coverage beyond the food and drinks vertical to include raw materials (industrial materials, energy and transportation. Intake Management Tonkean is an IT platform that intelligently automates the intake, triage and coordination of every procurement request.

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SCMDOJO

APRIL 24, 2024

AI-powered optimization AI-powered optimizations change supply chain management, as they find ground in the machine learning and AI rise. The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. billion by 2026.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

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

FEBRUARY 8, 2022

Commodity and raw material shortages of every kind have delayed the manufacturing and distribution of goods across most industries, driving up prices in the process. One of the fundamental problems which has contributed to the current breakdowns is the sheer lack of visibility.

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Supply Chain Game Changer

NOVEMBER 9, 2021

As happened everywhere, lockdowns constrained, if not restricted, the processing of the raw materials required for rubber as well as the subsequent refining and manufacturing steps that create finished rubber products. The Pandemic Bounce Effect on the Rubber Supply Chain. Copyright © Mortson Enterprises Inc. All Rights Reserved.

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SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Supply Chain as a Service (SCaaS) is a new approach to managing the complex process of getting products from manufacturers to consumers. Let’s delve into this emerging concept.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 105

Supply Chain Game Changer

OCTOBER 6, 2020

There were calls to domestically source materials, or to establish Parallel Supply Chains. But no matter where your raw materials came from if your were single sourced, or sole sourced, you were highly exposed to the threat of lockdowns and supply disruptions. Digital Supply Chain Visibility. Disaster Planning.

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Supply chain Real-time Visibility e2e Supply 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

Supply Chain Game Changer

JULY 2, 2021

Then, the empty containers are transloaded and move into other parts of the country to be loaded with raw materials (for example agricultural products), before heading back onto shipping containers bound for Asia. It’s yet another example of how vital supply chain management is to today’s global economy.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency e2e Supply chain 105

Supply Chain Game Changer

JULY 14, 2020

The visibility to and the impacts of this disruption is also unprecedented. If you used raw materials or components that are only manufactured by a single supplier, with no alternates, any disruption with that supplier can immediately shut down your entire Supply Chain and your entire company. Dual Sourcing.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Real-time Visibility 93

Supply Chain Game Changer

SEPTEMBER 14, 2021

Featuring Our 10 Best Inventory Management Articles! Just In Time was a part of that strategic aspiration and operational design point for our facility, but that vision came to senior management a little too late. ” As the name states, raw materials are introduced to the production process just as they are needed, and not before.

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Raw materials Real-time Visibility Supply Chain Efficiency Supply Chain Optimization 81

IBM Supply Chain Blog

NOVEMBER 3, 2022

Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market. But the supply chain doesn’t end when the product hits the market, and neither does supply chain sustainability.

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Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Supply Chain Optimization 107

SCMDOJO

NOVEMBER 24, 2023

A warehouse management system for e-commerce makes managing a giant warehouse 24/7 no easy task. Barcode systems, RFID labeling, hi-tech automated robots for pallet movement, ERP systems, transport management systems, logistics software, augmented and Virtual reality wearables, etc are some of the hi-tech features of WMS.

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

SCMDOJO

JANUARY 26, 2024

Set Realistic Career Goals To build a successful career, establish achievable goals aligned with your aspirations, such as becoming a supply chain manager, logistics director, or category manager. When I aimed to transition from a demand planner to a supply chain manager, I developed a five-year plan.

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World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Proactive risk management prevents major losses.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

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Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. And many consumers and advocacy groups are sensitive to the environmental impact of products or raw materials that may be harvested using forced labor.

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Supply Chain Game Changer

MAY 4, 2021

From the time you order the first piece of that device until the time you receive that device can be months given the times required to acquire raw materials, go through the manufacturing process, and transport goods. Implement Vendor Managed Inventory (VMI), or Supplier Managed Inventory (SMI), for strategic materials.

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Strategy Real-time Visibility Agile and Lean Supply Chain Supply chain 92

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

FEBRUARY 13, 2024

Organizations may also choose to vet each supplier to ensure their own sustainability practices align—from the suppliers of raw materials for production to those who provide shipping boxes. It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility.

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Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Let's Talk Supply Chain

JULY 9, 2023

Operating in over 40 countries worldwide, SEKO lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information to deliver their growing customer base true supply chain visibility. It’s about visibility, it’s about the experience.” You can increase your conversion by providing more options!”

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Supply Chain Opz

AUGUST 2, 2018

In Global organizations, successful inventory management is a complex science that requires modelling across an entire network to determine interdependencies between locations and the calculation of the ideal inventory targets from raw materials through work-in-progress to finished goods; no small undertaking.

Supply Chain Optimization 40

Supply Chain Optimization e2e Inventory Agile and Lean Supply Chain 40

Supply Chain Game Changer

NOVEMBER 13, 2018

As a company you may be disrupted in your ability to get your raw materials delivered, your goods processed, or your products shipped to your customers. Proactive, Real Time Visibility. You should have end to end real time visibility to your entire Supply Chain. End To End Supply Chain Mapping.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain e2e Real-time Visibility 52

Barkers Procurement

AUGUST 2, 2023

There is no longer a one-size-fits-all model, often multiple priorities need to be managed concurrently. What are the events impacting the end-to-end supply chain? How are suppliers managing the Cost of Goods Sold (COGS)? How are suppliers managing the Cost of Goods Sold (COGS)?

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Supply Chain Game Changer

NOVEMBER 19, 2018

Cloud-based solutions are ideal for any size business because they can be scaled up as your business grows and are easier to set-up and manage. You can also manage relationships with carriers, suppliers and customers while improving processes. With analytics, businesses can more effectively predict and fill demand.

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Barkers Procurement

JANUARY 26, 2024

Stakeholders are becoming more demanding, and both suppliers and procurement functions are finding themselves managing more ESG priorities and having to meet more requirements. Often, multiple priorities need to be managed concurrently. What are the events impacting the end-to-end supply chain ? What are the benefits?

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Barkers Procurement

JANUARY 26, 2024

Stakeholders are becoming more demanding, and both suppliers and procurement functions are finding themselves managing more ESG priorities and having to meet more requirements. Often, multiple priorities need to be managed concurrently. What are the events impacting the end-to-end supply chain ? What are the benefits?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Supply Chain Action Blog

AUGUST 3, 2015

finished goods, WIP, raw materials, ABC category, etc.)? How are they trending? If you don’t have all three now – Detect, Diagnose and Direct – in a way that covers your end-to-end value network, you need to explore how you can get there.

e2e 40

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Supply Chain Game Changer

SEPTEMBER 21, 2021

Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. Pre Pandemic Inventory Management Priorities. Throughout my career I have had many experiences with managing inventory.

Inventory 52

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

Finale Inventory

SEPTEMBER 4, 2024

Defining Supply Chain Traceability In straightforward terms, supply chain traceability means having full visibility and transparency across the entire supply chain. It allows businesses to understand where their products come from, how they are made, and how they reach the end consumer.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Inventory 52

Supply Chain Action Blog

AUGUST 3, 2015

finished goods, WIP, raw materials, ABC category, etc.)? How are they trending? If you can’t detect, diagnose and direct in a way that covers your end-to-end value network in the time that you need it, then you need to explore how you can get there because this is at the heart of a digital supply chain.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain e2e Raw materials 40

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52