Supply Chain Brain

FEBRUARY 21, 2024

Future-proofing supply chains to manage risk, boost real-time visibility, enhance sustainability, deploy AI effectively, and promote end-to-end collaboration is critical. The global economy is slowly recovering, but volatility remains a constant. Tick-tock…

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e2e Real-time Visibility Supply chain Supply 115

Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Subscribe Here! Email Address.

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

ivalua

MAY 30, 2022

To stay ahead of all of these risk factors and changing demands, organizations need to discard their linear supply chain models and embrace an autonomous, end-to-end connected ecosystem. PwC’s study demonstrates that Digital Champions focus on several core building blocks within their supply chains to offset multiple risk areas.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

Spend Matters

FEBRUARY 13, 2023

Therefore, creating a digital twin of a supply chain to identify, mitigate and monitor risks at all times is of ever-increasing importance for organizations that want to risk-adjust their supply chain. Also, the performance of the fulfillment process is a critical input to the continuous optimization of the supply/supplier base.

Risk management 93

Risk management Supply Chain Optimization Risk Supply chain 93

Strategic Sourceror

FEBRUARY 3, 2023

These tasks, combined with the increasing levels of complexity and risk that modern supply chains have had to go through, has made tracing exactly what's going on even more difficult than it had been in the past. Why is visibility so important? Reduced costs Ultimately, visibility boils down into long-term operational efficiency.

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e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

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

ivalua

JUNE 11, 2019

Some of the objectives Ivalua typically has together with its Public Sector customers include: More Efficient Government: Make it easier to do business with government, maximizing automation and end-to-end Procurement cycle time.

Procurement 169

Procurement e2e Real-time Visibility Competitive bidding 169

Procurement Tactics

OCTOBER 18, 2022

The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. . Many companies benefit from the software as it offers improved visibility into the supply chain and enables cost traceability for enhanced budget management. .

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

ivalua

APRIL 6, 2021

Contract lifecycle management is the management of a company’s end-to-end contracting process with its suppliers, customers and other third parties. Execution of the contract via e-signature makes for a smooth end to the process. An Overview of Contract Lifecycle Management. Why is it Important to Manage Contracts?

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Contract Management Contract management e2e 130

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.

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e2e Real-time Visibility Supply Chain Efficiency Raw materials 100

Spend Matters

APRIL 4, 2024

Compliance and risk management is a growing and interesting use case of GenAI for procurement, finance and, of course, legal operations. Its uptake is only going to grow as organizations begin to rely on its power to tackle big business issues, such as third-party risk management (TPRM). 20 years ago, risk management was way simpler.

Real-time Visibility 99

Real-time Visibility Management e2e Risk management 99

ivalua

SEPTEMBER 2, 2019

The Ivalua suite will enable Viparis to: Accelerate the digitization of Procurement operations, Control visibility of the Procurement activity with both internal customers and suppliers, Facilitate tracking of performance and manage supplier risk with a centralized, unified tool.

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e2e Procurement Purchase orders Project management 133

Procurement Tactics

JUNE 28, 2023

It enables managers and businesses to minimize costs, prevent and mitigate risks, and essentially identify issues and problems early on in the procurement process. Compliance and Risk Management Throughout the procurement process, monitoring compliance with the applicable legislation and regulations is crucial.

Supply Chain Efficiency 178

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

ivalua

OCTOBER 6, 2021

Beeline and Ivalua will deliver an end-to-end solution where businesses can manage all categories of spend, suppliers, and talent engagements—cost effectively and in compliance.” . Ivalua is a leading provider of cloud based Spend Management solutions.

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e2e Spend management Suppliers Sourcing 130

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. In addition to enhanced decision-making, flexibility and visibility, analytics engines paired with AI can help manage supplier risk.

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Sourcing Strategy Supply Chain Efficiency e2e 94

ivalua

JULY 21, 2021

100% visibility of sourcing processes. With this engagement, we are bringing together our two organizations with the explicit goal of achieving automation and spend visibility which will lead to multi-year cost savings for REV and its shareholders.”. Benefits include: Shortened sourcing cycle times. ABOUT CONSUS GLOBAL.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Supply chain Competitive bidding 130

Let's Talk Supply Chain

OCTOBER 19, 2023

Over the course of our brand new four-part series, we’re going to talk about why optimized and actionable data is more powerful than mere visibility; and why organizations need good data, not lots of data. We’ll be revealing the true cost of compliance; and changing the way we think about risk in logistics. Change is tough.

e2e 52

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

IBM Supply Chain Blog

JUNE 30, 2023

Visibility. Visibility into other key inventory (e.g., Automate to ensure consistent service levels Without real-time demand sensing combined with visibility into performance across supplier networks, increasing grid/energy demands for consumers and growing communities can lead to product excess or shortages.

e2e 58

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

ivalua

JUNE 27, 2022

This removes risk when buying from innovative or SME suppliers while creating a larger supplier base to target with early payment opportunities via C2FO marketplace. Once an organization has the complete Strategic Payment cycle in place CFOs can use the end-to-end visibility to control bottom-line growth with targeted programs. .

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e2e Buyers Suppliers Supply chain 130

Procurement Leaders

JUNE 13, 2022

Securing this level of visibility in the construction sector is challenging for several reasons: Much of the work on HS2 is broken into stand-alone projects made up of unique combinations of contractors and suppliers. Developing a risk methodology to assess suppliers. Determining high-risk areas of the supply chain.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract Supply 130

IBM Supply Chain Blog

DECEMBER 8, 2023

Plus, you run the risk of accumulating technical debt. One of the best use cases for AIOps is strengthening end-to-end system resilience by consolidating data from multiple sources and correlating events into incidents. By implementing a code freeze, you also miss opportunities like optimizing to boost conversion.

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Supply Chain Game Changer

NOVEMBER 13, 2018

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.

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Real-time Visibility e2e Supply Chain Efficiency Supply chain 72

Spend Matters

JANUARY 5, 2024

Contract Lifecycle Management Evisort , which was once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

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e2e Procurement supply chain software solutions Contract 97

Procurement Tactics

AUGUST 23, 2022

Contract management, also known as contract lifecycle management, in the field of procurement refers to the handling of end-to-end contracting with the suppliers and other third parties of an organization. . Reducing exposure to existing procurement, financial, and legal risks. . Possible methods to use to eliminate risks.

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Contract management Contract supply chain software solutions Management 130

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. This delivers a level of confidence never seen before, eliminates unnecessary financial risk, and drives significant cost-efficiency benefits throughout the supply chain.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

ivalua

MARCH 9, 2023

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. Upstream covers all the strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management).

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Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Tactics

DECEMBER 20, 2022

Most of this software is designed to provide visibility into corporate spending, create ways in making the contract process efficient, and lower administrative costs. As an end-to-end contract management platform, it offers templates and a template editor to create contracts. Juro offers a free plan with great functionality.

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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

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.

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e2e Suppliers Procurement Contract 130

Supply Chain Opz

MARCH 6, 2015

The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers. Reducing the dependence on a sole supplier is crucial in managing risk.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Procurement Tactics

JUNE 8, 2023

Safety Stock This refers to the extra inventory held to mitigate the risk of stockouts due to uncertainties in demand, supply, or lead times. Reduces Waste Effective inventory management helps reduce waste by minimizing the risk of products being outdated, expired, or damaged. Inventory Management Software 1.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Procurement Tactics

AUGUST 19, 2022

It takes appropriate measures to control costs, reduce potential supplier risks, and ensures excellent service deliverability from vendors. . Risk management. This process involves evaluating potential risks that could negatively impact the organization. Vendor sourcing . Payments. Set deadlines that are realistic.

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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. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 104

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 104

Spend Matters

JUNE 21, 2024

Intake and orchestration (I&O) solutions can transform initial customer requests and subsequent interactions for just about any business into streamlined, end-to-end, secure and transparent engagements. So if it’s Finance, I talk about budget, both budget visibility and spend visibility.

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e2e Procurement team Procurement Contract 102

ivalua

NOVEMBER 14, 2019

To cover your full master data needs, Procurement should work with all internal stakeholders to map out the supplier lifecycle from end to end. To get the full view of your master data needs, Procurement and other internal stakeholders should map out the end-to-end supplier life cycle.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

Una

AUGUST 30, 2022

As Deloitte points out, this shifts the whole approach of SRM from damage control to proactive risk mitigation. Look for internal sources of data (your organization’s total spend), make sure it is accurate, and channel it into a single source-of-truth such as an end-to-end platform or connected procurement ecosystem.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

Supply Chain Collaborator

APRIL 14, 2020

Identify Potential Risks. Assess not only the potential risks Coronavirus poses to current operations, but also other possible disruptions that commonly impact your industry. Develop a Risk Mitigation Strategy. The current crisis highlights the sobering reality – that disruptions can and will occur with regularity.

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Logistics Agile and Lean Supply Chain Real-time Visibility e2e 95