SCMDOJO

MAY 7, 2024

However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. That means managing employees, vendors, customers, and more on one platform. That’s where supply chain risk management software comes in.

Risk management 96

Risk management supply chain software solutions Risk Management 96

IBM Supply Chain Blog

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk management 76

Risk management Risk Real-time Visibility Management 76

Jaggaer

FEBRUARY 28, 2025

Leveraging Technology: Implement procurement software and analytics tools to gain better visibility into spending patterns , identify areas of inefficiency, and automate processes. Supply Chain Visibility: Invest in technology that provides real-time visibility into the supply chain.

Agile and Lean Supply Chain 52

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

SCMDOJO

APRIL 15, 2025

This structure adds a legal buffer while allowing for operational flexibilitymaking it a smart foundation for risk management. Dont Put All Your Products in One Basket: Diversification & Supplier Risk Management If your entire supply chain depends on a single supplier, youre one hiccup away from disaster.

Agile and Lean Supply Chain 73

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting supply chain software solutions 73

Procurement Insights

APRIL 3, 2025

It hosts global events, supports startup innovation, and provides thought leadership to procurement professionals seeking digital transformation. Global Reach, Real Impact Participants and speakers come from over 50 countries. Smaller companies might struggle with the cost-benefit ratio for limited booth or stage time.

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis. Financial, etc.).

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Procurement Insights

JANUARY 3, 2025

20152020: Procurement Gains Strategic Recognition Emergence of Strategic Sourcing : CFOs began to recognize procurement’s role in driving long-term value through strategic sourcing, supplier relationships, and risk management. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Procurement Insights

APRIL 12, 2025

It aims for 500+ AI skills by 2025, enhancing real-time decisions (Forbes, Jan 21, 2025). SIDE NOTE: What Self-learning algorithms are they using to analyze suppliers, e.g., historical and real-time? Its agents handle real-time spend analytics under tariff volatility (Emergen Research, Feb 1, 2024).

Real-time Visibility 52

Real-time Visibility Ethics Contract Suppliers 52

Jaggaer

APRIL 9, 2025

Direct material management oversees the sourcing, procurement, storage, and flow of raw materials, components, and subassemblies. This ensures just-in-time (JIT) or just-in-sequence (JIS) delivery to reduce inventory costs. Direct material management involves demand forecasting, inventory control, and warehouse operations.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

Spend Matters

JUNE 20, 2023

This content does not express the views or opinions of Spend Matters In our previous installment on Spend Matters, we discussed the rapid evolution of Supply Chain Risk Management happening within procurement organizations. And so it should.

Risk 98

Risk supply chain software solutions Risk management Real-time Visibility 98

Procurement Insights

APRIL 18, 2025

Based on the input from the 1998 Agent-based RAM platform, which featured self-learning algorithms within a nascent AI framework, confirmed prior research indicated that Indirect Material MRO products were prone to much greater volatility over time than Direct Materials.

Price 64

Price Demand Supply chain Real-time Visibility 64

HICX

SEPTEMBER 11, 2023

Table of Contents What is supplier risk management? What are the benefits of supplier risk management? What is supplier risk management? It should be considered an essential part of an organization’s wider risk management strategy. What are the benefits of supplier risk management?

Risk management 52

Risk management Risk Suppliers Management 52

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. These indices track the average price changes of a basket of goods and services over time. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

IBM Supply Chain Blog

MAY 1, 2024

For example, combining generative AI with technologies such as blockchain helps to keep data about the material-to-product transformation unchangeable across different entities, providing clear visibility into products’ origin and carbon footprint.

Supply Chain Optimization 78

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 78

SCMDOJO

APRIL 29, 2024

Efficient transportation systems minimize delays, reduce costs, and ensure timely delivery to customers. This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement. Customer Service: Customer service is an integral part of supply chain management.

Supply chain management 98

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain budgeting 98

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

SCMDOJO

MAY 2, 2024

A dynamic and responsive infrastructure, robust risk management practices, and strong relationships with suppliers and partners characterize them. By building resilience, organizations can ensure the continuity of their operations even in the face of unexpected events like natural disasters, economic downturns, or supplier failures.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 98

SCMDOJO

MAY 2, 2024

A dynamic and responsive infrastructure, robust risk management practices, and strong relationships with suppliers and partners characterize them. By building resilience, organizations can ensure the continuity of their operations even in the face of unexpected events like natural disasters, economic downturns, or supplier failures.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 93

Let's Talk Supply Chain

DECEMBER 4, 2023

Regardless of the event or platform, attendees can anticipate insights and perspectives that are truly enriching and uniquely practical. Not having that visibility is a real challenge for organizations… getting the parts they need at the right time… and the ongoing labor issues.” 37.06] The future for SDI.

Supply Chain Optimization 52

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

SCMDOJO

JUNE 6, 2023

Data analytics plays a central role in inventory optimization. It provides real-time visibility into stock levels, lead times, and demand patterns. Businesses can make precise forecast demand, identify obsolete inventory, and can use data analytics to make smart decisions about stock allocation and replenishment.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

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. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption.

supply chain software solutions 81

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

Planergy

MARCH 18, 2025

How better management in AP can give you better flexibility for cash flow management. Tools like PLANERGY enhance supply chain resilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers. What will you do for your school food service?

supply chain budgeting 52

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

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

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time. with a new CFO, or new budget.

Procurement strategies 111

Procurement strategies Innovation Strategy Procurement 111

Let's Talk Supply Chain

MARCH 26, 2023

Today I’m joined by Blume Global , a market-leading, sustainability-focused software brand that is removing a huge $1 trillion of waste from the global supply chain, and making logistics processes more agile, dependable, and sustainable with innovative execution and visibility solutions. 27.19] The ideal client for Blume Global.

Real-time Visibility 52

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

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

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. At the same time, the number of young, able-bodied construction workers has decreased by 8% over the past decade, further exacerbating the industry’s labor shortage.

Supply Chain Efficiency 52

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

Finale Inventory

JULY 17, 2024

Keeping track of in-transit inventory allows businesses to monitor the progress of shipments, provide accurate delivery estimates, and ensure the timely arrival of products for customers. Different modes have varying lead times and costs. There is always a risk of inventory damage or loss during transit.

Inventory 52

Inventory Real-time Visibility Purchase orders Supply Chain Optimization 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. Supplier Day helps you to design unique and engaging supplier events.

supply chain software solutions 52

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

TYA Suite

SEPTEMBER 25, 2024

However, the is fraught with risks that can impact a company’s bottom line and operational efficiency. Effective procurement risk management is essential to ensure smooth operations and safeguard the organization’s interests. Understanding these risks is the first step toward effective procurement risk management.

Risk 40

Risk Strategy Procurement Supply Chain Efficiency 40

IBM Supply Chain Blog

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. Foundation models can use language, vision and more to affect the real world. Software automation helps mitigate risk, manage the requirements of regulatory frameworks and address ethical concerns.

Risk 70

Risk Management Ethics Real-time Visibility 70

Jaggaer

OCTOBER 24, 2024

Supplier collaboration serves as the foundation for supply continuity, agility, risk management, and resilience when disruptions occur. A dedicated supplier portal connecting buyers and suppliers can provide a basic communication venue. Beyond this are more challenging activities such as complex eSourcing events.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Agile and Lean Supply Chain 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. It reduces vulnerabilities and exposure to events like natural disasters, geopolitical changes, and cyberattacks. Proactive risk management prevents major losses.

Agile and Lean Supply Chain 40

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

IBM Supply Chain Blog

MAY 28, 2024

Even more, a good data protection strategy can improve business operations and minimize downtime in a cyberattack, saving critical time and money. Data risk management To protect their data, organizations first need to know their risks.

Data 81

Data Strategy Risk Real-time Visibility 81