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).

Real-time Visibility 110

Real-time Visibility Management e2e Risk management 110

Procurement Tactics

JUNE 28, 2023

Compliance and Risk Management Throughout the procurement process, monitoring compliance with the applicable legislation and regulations is crucial. This includes checking standards of ethics, legal requirements, supplier diversity, and minimizing any risk that may arise in connection with the procurement activities.

Supply Chain Efficiency 178

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

Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes. And the maximum value can be extracted from these new tools through strategic integration.

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

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

Strategic sourcing 78

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 78

Spend Matters

JANUARY 5, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

e2e 103

e2e Procurement supply chain software solutions Contract 103

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

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 111

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

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

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.

e2e 130

e2e Suppliers Procurement Contract 130

ivalua

DECEMBER 18, 2019

Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Tools for business optimization and risk management (including AI) — Improve business planning accuracy and decision making frameworks. Risk management. Operations.

Data 100

Data Suppliers Management Procurement 100

Jaggaer

DECEMBER 13, 2024

The Essential Guide to Source to Pay, Source to Contract, and Procure to Pay Whether youre new to the world of procurement and supply chain management, or a seasoned veteran; whether you work in a major manufacturing industry, a university, or a medium-sized clinical research organization, you may find procurement jargon rather confusing.

Sourcing 52

Sourcing Contract Procurement Chief Procurement Officer 52

Procurement Tactics

AUGUST 19, 2022

It takes appropriate measures to control costs, reduce potential supplier risks, and ensures excellent service deliverability from vendors. . The vendor management process involves several different stages which are: 1. Vendor sourcing . Risk management. Oracle HCM cloud. Want to close better deals? LEARN MORE.

Vendor management 130

Vendor management Management e2e Negotiation 130

Supply Chain Game Changer

JULY 27, 2021

.” 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. Source: www2.deloitte.com. It is a Cirque Du Soleil calibre balancing act. deloitte.com.

Agile and Lean Supply Chain 119

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

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.

Supply chain 105

Supply chain Real-time Visibility e2e Supply 105

Supply Chain Collaborator

AUGUST 30, 2018

Once only utilized by the largest organizations, cloud computing has brought TMS solutions to the masses with mid-sized and even small shippers able to source and implement solutions that are affordable and effective in automating their logistics processes. Her TMS solution wish list includes: End-to-end execution. Connectivity.

e2e 81

e2e Bidding Logistics Influencing 81

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. If you haven’t dusted off your Disaster Recovery plans or your Risk Management strategies by now then you may be too late to mitigate impacts to your organization. Subscribe Here!

Supply chain 96

Supply chain Supply Inventory e2e 96

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

Empowering CPO

JULY 2, 2023

The procurement process, which involves sourcing and purchasing goods and services, plays a vital role in ensuring businesses operate efficiently and competitively. Yet, the intricacies of this process, especially in terms of supplier management, can present a myriad of challenges.

Risk management 40

Risk management Risk Suppliers Management 40

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. These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. billion by 2026.

Supply Chain Efficiency 90

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

IBM Supply Chain Blog

FEBRUARY 19, 2024

Here’s how companies are using different strategies to address supply chain management and meet their business goals. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

supply chain software solutions 81

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

SCMDOJO

OCTOBER 14, 2023

Initially, these were managed manually, but the intrusion of digital technologies revolutionized it. It has made visible changes in the SCM systems. This new era is expected to explore new horizons in supply chain management. It manages pre-designed events for managing financial issues or transactions securely.

Supply Chain Efficiency 105

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

Jaggaer

NOVEMBER 20, 2018

Devising a budget and planning out logistics, headcount, sourcing, and estimating. 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. The same is true in procurement.

e2e 58

e2e Budget Inventory Procurement strategies 58

Supply Chain Game Changer

MAY 17, 2022

With that leadership and sponsorship organizations will get to spend the time on a slew of activities that will strengthen their Supply Chains in advance of the next impending disaster. 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

Procurement Heads

JUNE 22, 2022

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. If we keep that visibility to those three groups and achieve our goals then from my point of view that is a really good harmonised way of working now.

e2e 130

e2e supply chain software solutions Supply chain Suppliers 130

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. So it is a fairly disruptive approach and paradigm to driving value for companies in the source-to-pay value chain. Today please get to know dSilo.

e2e 111

e2e Contract Contract management Procurement 111

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. Automation of procurement processes, along with a seamless integration of the other systems such as ERP, WMS, and TMS, will ensure enhanced supply chain visibility.

Supply Chain Efficiency 19

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

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. We believe many practices in global supply chain management can be applied in every industry. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

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

IBM Supply Chain Blog

JUNE 29, 2023

Data integration and analytics IBP relies on the integration of data from different sources and systems. This may involve consolidating data from enterprise resource planning (ERP) systems, customer relationship management (CRM) systems, supply chain management systems, and other relevant sources.

supply chain software solutions 76

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

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

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. They must connect underlying technology systems to create a single pane of glass for all operations.

Networking 63

Networking Management e2e Real-time Visibility 63

IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

Procurement Software

JUNE 20, 2023

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. We did a Live Demo stream with Cobblestone back in October 2022.

Contract management 52

Contract management Contract e2e Management 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. Concluding the presentation, Sam shares a story of being at a conference in June and hearing a CPO saying, ‘We need an end-to-end solution.

e2e 52

e2e Real-time Visibility Supply chain resilience Supply chain 52

Supply Chain Game Changer

MAY 18, 2021

Clearly these are breakdowns in end to end Supply Chain Management which impact on nature and our environment. A lack of business and government focus on managing impacts to nature will result in further, and irreversible, degradation to nature and to our biodiversity, and by extension to the global economy.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Supply e2e 64

World of Procurement blog

MAY 8, 2024

Proactive risk management prevents major losses. Sustainability SCM plays a key role in corporate sustainability initiatives by reducing carbon emissions in transportation and promoting ethical sourcing. 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