Procurement Tactics

DECEMBER 6, 2022

Spend Management — The Ultimate Guide of 2023. Spend management is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spend management is. We will tell you the challenges and benefits of spending management.

Spend management 172

Spend management Management Real-time Visibility Budget 172

Finale Inventory

JANUARY 27, 2025

In today's fast-paced business environment, the difference between thriving and struggling often comes down to how effectively a company manages its order fulfillment process. The Flow of Order Picking When a customer places an order, the information flows from the ecommerce platform into the warehouse management system.

Inventory 52

Inventory Real-time Visibility Management Warehouse operations 52

Procurement Tactics

MAY 22, 2023

Integrated logistics, also known as integrated supply chain management, refers to the coordinated and seamless management of all the activities involved in the movement and storage of goods and materials. Efficiency in inventory management By integrating the different operations, inventory management can be significantly improved.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Skill Dynamics

JANUARY 7, 2025

Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supply chains, and are driving the uncertainty that organizations feel. Companies often struggle to plan for such challenges, which is why developing a strong and resilient supply chain team is so important.

Supply chain resilience 90

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

Procurement Tactics

JUNE 19, 2023

In this article, we will explore the role of AI in logistics, discuss its importance, and the best practices for implementing AI in logistics. AI in logistics refers to the use of AI-powered solutions to optimize supply chain management, improve decision-making and enhance customer experience. What is AI?

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Procurement Express

MARCH 14, 2025

Running a business means making wise financial choices, including managing money, goods, and services. Benefits of using purchasing software Managing purchase orders manuallyor relying solely on QuickBookscan lead to approval bottlenecks, overspending, and a lack of real-time visibility into company spending.

Real-time Visibility 52

Real-time Visibility Purchase orders Procurement Budget 52

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 110

Real-time Visibility Management e2e Risk management 110

TYA Suite

OCTOBER 27, 2024

Using a procurement management system is one practical strategy to strengthen these connections. This comprehensive guide explores what procurement management software is, its key features, its role in vendor relations, its integration with business processes, and the benefits it offers.

supply chain software solutions 40

supply chain software solutions Supply Chain Efficiency Management Procurement 40

Procurement Tactics

JULY 20, 2023

However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

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. Shipment to customer. “C”

Supply Chain Visibility 103

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

Spend Matters

FEBRUARY 27, 2025

Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. And in the real workplace, thats where those decisions come from rather than procurement itself. Her first piece of advice would be: Dont. Not yet anyway!

Procurement 73

Procurement Real-time Visibility Change management Data 73

Finale Inventory

FEBRUARY 19, 2024

This blog explores the strategic importance of returns and inventory management, illustrating how strategic returns can drive business success in the dynamic ecommerce environment. For customers, inadequate customer support leads can lead to delays, extending the time for processing and refunds.

Inventory 105

Inventory Real-time Visibility Management Quality 105

Supply Chain Game Changer

FEBRUARY 21, 2022

7 Ways to Manage Construction Employees! These conditions can impact their reaction times as well as judgment. Torrential rain can reduce the visibility at the construction site. Like torrential rain, fog can also reduce visibility. And since it takes time to clear out, construction work is delayed for long periods.

Import 94

Import Real-time Visibility Risk Supply chain 94

Procurement Tactics

MAY 31, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Control — What You Should Know Inventory control allows businesses to ensure that the right amount of supply is available to meet the customers’ demands. In this article, we will discuss what inventory control is. Why is it Important?

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

Procurement Insights

MARCH 25, 2025

PME is not only an opportunity to warm up the market but also ensuring that any issued RFP can be met, specifications and conditions are fit for purpose and the opportunity to add innovation into the procurement and Contract and Supplier management process.” Here’s how: 1.

Real-time Visibility 60

Real-time Visibility e2e Suppliers Contract 60

Spend Matters

FEBRUARY 25, 2025

So, considering its past record of poorly managing digital initiatives and the growing need to respond to ever more frequent and profound changes (both representing threats and opportunities), Procurement must urgently learn from the past and find new ways to transform and move forward. Time and resources can also be a stopping point.

Real-time Visibility 113

Real-time Visibility e2e Procurement Negotiation 113

Procurement Tactics

MAY 16, 2023

In a 4PL model, the external provider (also known as the lead logistics provider or LLP) manages and coordinates all aspects of the supply chain , including transportation, warehousing, inventory management, and distribution. 4PL providers usually offer more strategic insight and management over the company’s supply chain.

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

Supply Chain Game Changer

SEPTEMBER 30, 2022

Cloud storage is one of the technologies that have significantly revolutionized supply chain management. There are numerous data centers across the world that rely on networks of servers to store and manage data and information remotely. Cloud tech has really made it easier for supply chain managers to access information remotely.

Supply Chain Efficiency 112

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 112

TYA Suite

NOVEMBER 5, 2024

Spend management software offers companies the tools to streamline financial operations, monitor expenses, and maintain control over their budgets. From small enterprises to large corporations, businesses of all sizes can benefit from implementing a robust spend management tool. due to its flexibility and ease of integration.

Spend management 40

Spend management Management Real-time Visibility Budget 40

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

Planergy

MARCH 11, 2025

Modern Spend Management and Accounts Payable software. How better management in AP can give you better flexibility for cash flow management. The seamless connection allows for automated invoice scanning, approval workflows, and real-time spend visibility. What's PLANERGY? The open P.O.

Real-time Visibility 52

Real-time Visibility Purchase orders Export Purchasing 52

Jaggaer

DECEMBER 5, 2024

A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority. The Visibility Challenge: Why Seeing Clearly Matters A major insight from the report is the visibility gap, particularly with tier 2 and tier 3 suppliers.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Supply chain 52

SCMDOJO

APRIL 29, 2024

Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.

Supply chain management 98

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

Finale Inventory

JULY 18, 2024

Retail inventory management is a fundamental part of running a successful ecommerce business. Effective strategies can optimize inventory control and enhance overall efficiency. This article outlines key aspects of retail inventory management and future trends shaping the industry.

Inventory 98

Inventory Supply Chain Efficiency Management Real-time Visibility 98

SCMDOJO

AUGUST 28, 2024

Inventory management was rudimentary, often relying on manual processes and paper-based systems. This approach limited visibility and control over stock, leading to inefficiencies and potential stockouts. This focus on efficiency led to faster order fulfillment and improved inventory control.

Real-time Visibility 98

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 98

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant category management. 100% of electronic POs.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

ivalua

JUNE 29, 2020

I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Across this supply chain there is typically a lack of visibility due to siloed information and data. Share on Twitter.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

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.

Agile and Lean Supply Chain 173

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

TYA Suite

JANUARY 27, 2025

The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. From sourcing construction materials to hiring contractors, a well-organized is essential for timely project completion and cost control.

Real-time Visibility 40

Real-time Visibility Management Procurement supply chain budgeting 40

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Procurement Express

FEBRUARY 28, 2025

But to do that effectively, you need the right tech stack to streamline processes, automate tedious tasks, and provide real-time financial insights. The best virtual CFOs combine multiple tools to create a system that reduces manual work and improves financial visibility. What are virtual CFO tools?

Real-time Visibility 52

Real-time Visibility supply chain budgeting Budget supply chain software solutions 52

Procurement Tactics

NOVEMBER 14, 2022

We will also tackle retail supply chain management and its importance. Additionally, we will give you an example of a retail supply chain and how to improve your retail supply chain management amidst the challenges. . What is Retail Supply Chain Management? The Importance of Retail Supply Chain Management.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Procurement Tactics

JULY 23, 2023

Additionally, we will discuss how it works and its importance in e-commerce. The main goal of last mile logistics is to ensure that goods or services ordered by customers are delivered efficiently and on time. This tracking system enables real-time updates on the shipment’s whereabouts and estimated delivery time.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

Una

AUGUST 17, 2022

This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spend management strategy. You’ll hear from industry experts who have been there, done that, and can share best practices for managing tail spend. Let’s dive in. Next is the tail. What is tail spend?

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

SCMDOJO

MARCH 24, 2025

Why is Purchase Price Variance (PPV) Important? By using PPV, managers can identify inefficiencies in cost-saving strategies by detecting cost overruns and underruns, allowing them to take corrective actions. During the planning phase, managers do not have an exact estimate of the costs they will incur for purchasing.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

TYA Suite

OCTOBER 27, 2024

Companies require effective tools to manage their sales activities in today's competitive business world. To ensure that bids are accurate, timely, and manageable, quotation management software has become an essential tool for firms looking to optimize their quoting process. How Does Quotation Management Software Work?

Management 40

Management Real-time Visibility Price e2e 40

Let's Talk Supply Chain

JULY 24, 2022

Today I’m joined by Unilog, the customer-focused experts in the design and management of global supply chains. Their flexible, customized supply chain solutions, based on best practices and expertise, work seamlessly with internal client operations to ensure time-definite delivery wherever and whenever necessary.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply chain Real-time Visibility Management 98