Procurement Tactics

AUGUST 19, 2022

Vendor Management Best Practices — The Ultimate Guide of 2022. Vendor management best practices are utilized to boost business growth and productivity. For this article, we will discuss what the best practices in vendor management are. We will also share the benefits of vendor management that will captivate you to use it. .

Vendor management 130

Vendor management Management e2e Negotiation 130

Spend Matters

FEBRUARY 25, 2025

So, considering its past record of poorly managing digital initiatives and the growing need to respond to ever more frequent and profound changes (both representing threats and opportunities), Procurement must urgently learn from the past and find new ways to transform and move forward. Roll-out and deployment plans (what, where, when, how).

Real-time Visibility 113

Real-time Visibility e2e Procurement Negotiation 113

ivalua

DECEMBER 18, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Risk management. Why Supplier Buy-in for Data Management is Critical. Operations.

Data 100

Data Suppliers Management Procurement 100

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

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

Spend Matters

JANUARY 5, 2024

Its approach uses an all-in-one spend platform that combines expense management, corporate cards, travel and business accounts. Gatekeeper combines contract lifecycle management with third-party risk management, two areas that are related but usually addressed with disparate software tools.

e2e 103

e2e Procurement supply chain software solutions Contract 103

Let's Talk Supply Chain

NOVEMBER 1, 2023

And, as we explored all of those topics, one thing became abundantly clear – there are inherent risks lurking in the shadows. 04.04] How the pandemic exposed vulnerabilities in supply chains worldwide, bringing the topic of risk to the fore; and the most significant lessons we learned. “No-one No-one was prepared!

e2e 52

e2e Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

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

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.

e2e 130

e2e Suppliers Procurement Contract 130

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

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.

supply chain software solutions 81

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

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. With “Internet of everything” concept expanding, there are more opportunities to connect supply chains and increase the visibility from order initiation to order delivery.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Empowering CPO

JULY 2, 2023

Yet, the intricacies of this process, especially in terms of supplier management, can present a myriad of challenges. Enter EmpoweringCPO, a dedicated procurement services company committed to transforming the way businesses manage their procurement needs.

Risk management 40

Risk management Risk Suppliers Management 40

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 110

Procurement solutions Procurement e2e Real-time Visibility 110

Procurement Leaders

JUNE 10, 2024

Just 1% of respondents to a poll Procurement Leaders conducted at the World Procurement Congress said they have “excellent” multi-tier visibility of the supply base. Which leaves 28% of those who responded admitting that the visibility they have is “not great” and, at best, goes as far as Tier-1. This is surprising.

e2e 100

e2e Real-time Visibility Supply Chain Efficiency Raw materials 100

IBM Supply Chain Blog

MARCH 29, 2024

Addressing challenges of the energy transition with grid asset management The energy transition is gearing up to full speed as renewable energy sources replace fossil-based systems of energy production. Asset investment planning must find a balance between these systems while minimizing risk and carbon footprint.

Networking 63

Networking Management e2e Real-time Visibility 63

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). 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

JULY 27, 2021

According to mixmov.io , “Supply chain resilience is a supply chain’s ability to be prepared for unexpected risk events. Risk management is challenging in the best of circumstances let alone when you are in the middle of a disaster compromising the very survival of your organization. control towers). Conclusion.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

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

Let's Talk Supply Chain

AUGUST 12, 2024

Altana is the world’s first Value Chain Management System – a unified, comprehensive approach that goes far beyond supply chain risk management, with unprecedented visibility, contextualized netrt across business areas, and a collaborative network with end-to-end workflows to get jobs done.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

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. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Supply Chain Game Changer

FEBRUARY 14, 2022

As the name suggests, the role of a fractional CFO revolves around financial management. During financial management, a CFO reviews the company’s financial situation to ensure accurate and timely reports. Other than financial management, the CFO is the first line of defence for risk management.

Supply Chain Efficiency 96

Supply Chain Efficiency Supply chain Supply e2e 96

Supply Chain Collaborator

AUGUST 30, 2018

Her TMS solution wish list includes: End-to-end execution. Carrier contract/bid management. Risk management capabilities. Item visibility. Integrated freight management services. Connectivity. Ease of use. Security and support. Freight settlement capabilities. Global logistics functionality.

e2e 81

e2e Bidding Logistics Influencing 81

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

Supply Chain Game Changer

MARCH 3, 2020

Disaster Recovery Planning and Risk Management processes are foundational elements of any effective Supply Chain operation and strategy. How should Supply Chain leaders be responding to mitigate the impacts and manage through this latest global crisis? You must look holistically at the entire end to end Supply Chain.

Supply chain 96

Supply chain Supply Inventory e2e 96

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost. Not only that, it also offers a single source of truth, having all of your contract documents and contract management data in one place.

Contract management 52

Contract management Contract e2e Management 52

Supply Chain Game Changer

NOVEMBER 16, 2022

The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. Along with cost savings, procurement managers are focusing on optimizing and automating processes. Management can review orders in real-time and spend time on exceptions raised by the system. Cost Saving.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Procurement Heads

JUNE 22, 2022

One thing led to another and I joined a company to help set up their supply chain from scratch in terms of claims, claims management and how to service customers. I really started to cut my teeth on the whole end-to-end category management and the industry as a whole, the progression was natural for me.

e2e 130

e2e supply chain software solutions Supply chain Suppliers 130

Supply Chain Opz

NOVEMBER 9, 2014

Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. We believe many practices in global supply chain management can be applied in every industry. I suggest that KPIs should rather indicate how well-orchestrated the end-to-end network is (e.g.,

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Game Changer

OCTOBER 6, 2020

Digital Supply Chain Visibility. The backbone of a Digital Supply Chain is the end to end electronic connectivity of every part of a Supply Chain. This connectivity enables real time visibility to what is going on in any Supply Chain, and hence enables real time decision making. Disaster Planning.

Supply chain 105

Supply chain Real-time Visibility e2e Supply 105

IBM Supply Chain Blog

FEBRUARY 5, 2024

Envisioned to comprehensively address information and communications technology (ICT) risk management in financial services, DORA aims to harmonize existing regulations across EU member states. Article 7 of the draft RTS delves into cryptographic key management, emphasizing the importance of lifecycle management for cryptographic keys.

e2e 66

e2e Data Risk management Risk 66

Pipefy

JANUARY 8, 2025

The combination of AI and automation addresses challenges like risk management and fraud prevention, while also streamlining essential processes such as claims analysis. Implementing AI for insurance is critical for enhancing risk management and automating repetitive tasks.

Real-time Visibility 52

Real-time Visibility e2e Risk management Risk 52

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

HICX

FEBRUARY 15, 2024

Despite wider global markets beginning to settle and inflation falling, this trend will likely continue with organizations investing more in managing their supply chains. Since then, there has been a renewed focus on digitalization of supply chain management that provides a holistic view of the supply chain with transparency.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain software solutions 52

Jaggaer

NOVEMBER 20, 2018

Critical Factors —Risk management such as planning for additional guests and forgotten food items; considering alternate plans for missing ingredients; and managing waste and food safety. Planning —Creating detailed plans for executing the event. Devising a budget and planning out logistics, headcount, sourcing, and estimating.

e2e 58

e2e Budget Inventory Procurement strategies 58

Supply Chain Game Changer

MAY 17, 2022

Implementing several of these actions will reduce the incidence and duration of Supply Chain disruptions.

Supply chain 106

Supply chain Real-time Visibility Supply e2e 106

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. Risk Mitigation SCM minimizes supply chain risks through careful planning and collaboration.

Agile and Lean Supply Chain 40

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