Spend Matters

FEBRUARY 22, 2024

Working within a resilient global supply chain results in complexities around basic matters like communication, time zones and languages, along with more challenging aspects like risk management, compliance and sustainability. This helps companies adhere to existing guidelines and be aware of potential risks before they emerge.

Supply Chain Efficiency 111

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 111

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. For example, the IBM Sterling Transaction Manager automates manual transactions between businesses and suppliers.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

Supply Chain Game Changer

JULY 27, 2021

Stuff happens, and it happens all the time. ” Given that 52% had not even started during the pressure cooker of the pandemic, our guess is that when things become more relaxed after the pandemic an even higher percentage of companies are at risk of abandoning a resilience strategy. That is not a task for the faint of heart.

Agile and Lean Supply Chain 119

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

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. When the pandemic winds down there is a very real danger that people will go back to doing, and viewing, things the way they were before the pandemic. Risk management is real. Much of the training is in specific skills (eg.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

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

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

SCMDOJO

APRIL 24, 2024

Whether it will be worth it, only time will tell. The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. An expensive one, we dare say.

Supply Chain Efficiency 90

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

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

IBM Supply Chain Blog

FEBRUARY 19, 2024

They need strong SCM practices to help work out the logistics of transporting goods across long distances and through multiple countries without creating longer lead times or delays. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

supply chain software solutions 81

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

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.

Supply Chain Efficiency 19

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

SCMDOJO

OCTOBER 14, 2023

Initially, these were managed manually, but the intrusion of digital technologies revolutionized it. Now, real-time connections provide more accurate data and information, which helps create collaboration in the digital world. It has made visible changes in the SCM systems. All this data has a timestamp.

Supply Chain Efficiency 105

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

IBM Supply Chain Blog

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. By establishing standardized workflows and decision rules, BPM streamlines the claims process by reducing processing times and minimizing errors.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

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

JULY 24, 2023

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. They can be businesses or individual consumers who expect their orders to be delivered in a timely manner and in good condition.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. It enables a centralized repository of information and provides real-time visibility into the entire business.

supply chain software solutions 76

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 76

IBM Supply Chain Blog

FEBRUARY 13, 2024

Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times. Solutions like the IBM Sterling Fulfillment Optimizer help teams execute new sourcing decisions in real time to meet fluctuating customer demand. This technology can also help reduce the risk of regulatory non-compliance.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Supply Chain Game Changer

SEPTEMBER 17, 2019

Most supply chain leaders recognize that it’s an incredibly exciting time to be working in the field. At the same time, they must also develop strategies to significantly advance their capabilities in anticipation of overcoming their issues with the basics. You would measure lead time in days or even weeks. Mike Mortson.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

IBM Supply Chain Blog

MARCH 29, 2024

Asset lifecycle management Holistic grid asset management adopts a lifecycle view across the whole asset lifespan to obtain a safe, secure, reliable and affordable network. Real-time operational data provides an asset health view that drives condition-based maintenance and replacement planning.

Networking 63

Networking Management e2e Real-time Visibility 63

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. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Supply Chain Game Changer

SEPTEMBER 14, 2021

Featuring Our 10 Best Inventory Management Articles! The prospect of having a Just In Time (JIT) Supply Chain system has been the goal of innumerable businesses and industries for decades. And for those who have implemented Just In Time processes it has been the backbone of their entire operating structure.

Raw materials 81

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

Procurement Software

MAY 14, 2024

Enhanced Efficiency and Visibility: By adopting process orchestration tools and platforms, businesses gain real-time insights and control over their procurement activities, facilitating quicker decision-making and improved risk management. What is procurement intake?

Procurement 52

Procurement Real-time Visibility e2e Chief Procurement Officer 52

HICX

MAY 12, 2023

In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility. Buyers, he says, are spending a lot of time trying to get materials to their factories. Or, ‘how do you get real-time decision-making?’

e2e 52

e2e Real-time Visibility Supply chain resilience Supply chain 52

Procurement Software

JUNE 20, 2023

But then we also included a couple in here which are a bit more specialist, focusing on one or two specific aspects of contract management. We plan to refresh the article a couple of times a year, as solutions are constantly adding features and new solutions come onto the market.

Contract management 52

Contract management Contract e2e Management 52

Supply Chain Game Changer

MAY 18, 2021

The risk of extended Supply Chain disruption due to impacts to nature is significantly impacted in these industries: chemicals and materials; aviation, travel and tourism; real estate; mining and metals; supply chain and transport; and retail, consumer goods and lifestyle. That’s incredible. Earth is our only habitable planet.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Supply e2e 64

Supply Chain Game Changer

APRIL 26, 2021

Hire a global end-to-end freight forwarding partner to serve as a transport agent and move your cargo. The fewer the suppliers, the easier it is to manage the experience. Brand Visibility and Social Responsibility. Brand Visibility and Social Responsibility. Risk Management.

Export 61

Export Import e2e Distribution channels 61

Procurement Software

MARCH 5, 2024

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. The platform also offers supply and risk management insights.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

Supply Chain Game Changer

JANUARY 26, 2021

And even with the approval of vaccines the poor initial rollout suggests that it is going to be a long time yet before we can go back to some state of normal. All of this has had to be done under immense pressure, with unwavering time constraints, under lockdown conditions, and under all social distancing and pandemic guidelines.

Supply chain 61

Supply chain Real-time Visibility Supply e2e 61

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before.

Agile and Lean Supply Chain 52

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

World of Procurement blog

MAY 8, 2024

Customers receive orders on-time without backlogs. Risk Mitigation SCM minimizes supply chain risks through careful planning and collaboration. Proactive risk management prevents major losses. Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms.

Agile and Lean Supply Chain 40

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

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. 2: Invest in Relationship Management Supplier relationship management (SRM) can foster a culture of transparency between businesses and their suppliers.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 52

Pipefy

AUGUST 18, 2023

Process discovery includes the identification and definition of activities and tasks comprising a process; its purpose is to make all stages in a process visible in order to ensure clear responsibility for each of those phases. These inefficiencies lose hours and money that can add up to huge amounts of waste over time.

Import 52

Import Real-time Visibility e2e Data 52

Pipefy

JUNE 14, 2023

Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. Spend analytics creates the visibility procurement teams need to complete a spend analysis. ignoring the importance of data quality, 2.

e2e 52

e2e Real-time Visibility Contract Procurement team 52

Pipefy

AUGUST 10, 2023

In contrast, process intelligence automatically and continuously acquires data at scale, resulting in clear visibility into an organization’s journey towards improving its processes. Reading recommendation: What Is Workflow Management? These tools may work with both historical and real-time data.

Real-time Visibility 52

Real-time Visibility e2e Data Risk 52

Pipefy

MAY 23, 2023

Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Procurement Software

JANUARY 9, 2024

Canopy Canopy is a vendor master data and supplier management platform that aims to provide complete visibility of your suppliers’ information. It includes everything from finance and contract data to compliance, risk, and ESG assessments. With Canopy, you can pull all the data about a supplier into a Vendor Master Record.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Supply Chain Efficiency 52

Empowering CPO

JUNE 25, 2023

It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line. AI can enhance supplier selection, contract negotiation, and risk management, while blockchain can improve transparency and traceability in the supply chain.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

MAY 17, 2024

As the future of commerce unfolds, each use case interacts holistically to transform the customer journey from end-to-end–for customers, for employees, and for their partners. It can also significantly impact real-time fraud detection and prevention, minimizing financial losses and improving customer trust. 

Supply Chain Efficiency 64

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64