Remove e2e Remove Supply Chain Optimization Remove Vendor relationships
article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

article thumbnail

Procurement Tracking – Everything You Should Know

Procurement Tactics

This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. These tools allow for automated, integration to suppliers and visibility in procurement data at any time. This approach promotes efficiency throughout the whole procurement process.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement Automation: Key To A Better Process

Pipefy

Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.” Procurement automation can also refer to the use of this technology to manage end-to-end workflows within the procurement process. For example, workflows such as sourcing , vendor onboarding, RFP, and P2P.

article thumbnail

What is Digital Procurement? Ultimate Guide to Procurement Transformation

Pipefy

Digital procurement is the use of technology to optimize and automate procurement processes and workflows. Other motives for automating procurement include solving for high error rates, reducing manual work, and adding visibility to the different workflows and processes that fall under the procurement process umbrella.

article thumbnail

The Reality of Automation in Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 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. Improved Vendor Relationships. Email Address.

article thumbnail

Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.