Procurement Insights

MARCH 25, 2025

government contracts), may see slightly higher response rates (30-50%) due to legal requirements and broader visibility, per TechTarget (Web ID: 6). However, here are some general estimates: Estimated Costs Time Costs : RFP Creation : Typically takes 1 to 3 weeks, involving procurement managers and stakeholders.

Real-time Visibility 52

Real-time Visibility Supplier capacity Bidding Suppliers 52

Finale Inventory

FEBRUARY 19, 2024

For customers, inadequate customer support leads can lead to delays, extending the time for processing and refunds. Businesses confront re-stocking, handling damaged goods, adjusting inventory inaccuracies, and navigating the risk of overselling during high-demand periods. But how do you get to why a customer initiated a return?

Inventory 105

Inventory Real-time Visibility Management Quality 105

ivalua

JUNE 29, 2021

Furthermore, the Covid-19 crisis has led to the realization that paying suppliers on time, no matter where they are, is critical to maintaining a strong and reliable supply chain and a preferred customer status. All within the same automated workflow, tightly linked to the invoice and procure-to-pay process. Notes to Editors.

Supply Chain Efficiency 130

Supply Chain Efficiency Suppliers Sourcing Real-time Visibility 130

SCMDOJO

MARCH 24, 2025

The metric results in either a favorable or unfavorable variance, influenced by internal or external factors. Suppliers whose prices fluctuate significantly over time may not be suitable for long-term partnerships, whereas those who consistently provide products at estimated costs can be considered for future contracts.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

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. In real terms, this translates to three of those who responded to our poll claiming they had “cracked the code” of supply chain transparency. This is surprising.

e2e 100

e2e Real-time Visibility Supply Chain Efficiency Raw materials 100

ivalua

MAY 30, 2022

Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises. It is key to driving savings and growth in the connected supply chain ecosystem.

Supply Chain Efficiency 130

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

Let's Talk Supply Chain

OCTOBER 30, 2023

Beacon’s supply chain visibility platform is a central hub for real-time ocean and air freight tracking, supply chain performance analytics and carbon emissions reporting. Guest bio: Fraser Robinson is the Co-Founder & CEO of Beacon, a supply chain visibility and collaboration platform.

Real-time Visibility 52

Real-time Visibility Supply Chain Visibility supply chain software solutions supply chain budgeting 52

Procurement Tactics

MARCH 27, 2023

Although it always relates to demand and sales projections, forecasting can also be used to determine product pricing, lead times, labor needs, and more. The integration of AI into forecasting improves accuracy, saves more money, and helps businesses react to exceptions in real-time.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain 192

Procurement Insights

MARCH 6, 2025

Its a time-saver for procurement teams or C-level execs needing a starting point. Trusted Benchmark What: Gartners reputation as a leading IT research firm lends credibility to the MQ, influencing buying decisions across enterprises. Why Its Good: Combines hard data with real-world feedback, offering a balanced view.

Sourcing 52

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

ivalua

MARCH 28, 2019

The huge growth in the use of technology has been the most visible part of that developing picture. I first saw this term used a few years ago by Philip Ideson, as a title for his website and excellent series of podcasts, and it feels like this may be an idea whose time has come.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

Supply Chain Game Changer

JULY 27, 2021

Stuff happens, and it happens all the time. Single sourcing, just in time inventory management, lean processes, outsourcing, lack of electronic connectivity, and low cost geographic sourcing have been core elements of most Supply Chains as planned and in practice. Source: www2.deloitte.com. deloitte.com. Conclusion.

Agile and Lean Supply Chain 119

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

Planergy

DECEMBER 25, 2023

How to gain visibility and control of your indirect spend. Thanks to AI and other tools, you can now make better decisions with real-time data. But what exactly is FP&A, and how is it evolving with the advent of real-time data? How to report and analyze indirect spend to identify savings opportunities.

Real-time Visibility 52

Real-time Visibility Data Budget Strategic planning 52

SCMDOJO

MAY 20, 2024

This article reviews how traditional internet technologies have influenced today’s supply chain solutions. Modern influences on supply chains today include more product visibility, better customer understanding, and fast shipment speeds. Modern data collection tools are beneficial, but so are historical ones.

Supply Chain Efficiency 95

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 95

IBM Supply Chain Blog

AUGUST 24, 2021

As retailers prepare for the upcoming holidays, it’s critical they consider all the influences that can make or break their holiday success. At the core of their preparation should be a single inventory tracking system that gives a 360-degree perspective on inventory management, customer engagement and fulfillment risk and opportunities.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Inventory Supply chain 52

SCMDOJO

DECEMBER 28, 2023

This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. Limited Visibility: These supply chains have restricted visibility, with real-time information being scarce.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 98

Procurement Insights

MARCH 17, 2025

Anyone who has followed the Procurement Insights blog for any length of time knows I love to ask questions and am voracious about gaining new insights. Functionality and Technology ProPurchaser : Offers a SaaS platform delivering real-time data on commodities, production costs, and market dynamics. Key Comparison Points 1.

Negotiation 52

Negotiation Procurement team Real-time Visibility Cost of ownership 52

Procurement Tactics

JUNE 26, 2023

Social Media Trends Instagram, TikTok, Facebook, and Pinterest are the best channels that offer real-time trending products to sell. Note: Make sure to follow some popular influencers in your niche as they can give you ideas how to promote products. He has helped me immensely every time I spoke with him.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Spend Matters

JUNE 20, 2023

As the risks that trigger supply disruptions, regulatory non-compliance and missed corporate objectives continue to gain visibility, an ‘eyes wide open’ attitude towards supplier risk assessment and mitigation strategies has become imperative to improve operational resilience. And so it should.

Risk 98

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

SCMDOJO

AUGUST 21, 2023

In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. As TikTok and influencers gain prominence, they’re reshaping consumer behavior and marketing. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Finale Inventory

APRIL 18, 2024

To set your Amazon business up for success, one of the main areas to focus on is inventory: the flow, the costs, the timing of it all. Amazon’s recent introduction of low inventory fees is a key development you need to be aware of. This key timing (the time between placing an order and receiving inventory) is crucial.

Inventory 52

Inventory Real-time Visibility Strategy Purchase orders 52

IBM Supply Chain Blog

FEBRUARY 26, 2024

This week, as thousands of network operators, technology vendors, and mobile device providers from all over the world converge on Barcelona for Mobile World Congress , it’s the perfect time to discuss how IBM® is shaping the future of network operations and telecommunications. The telecom industry is no exception.

e2e 92

e2e Real-time Visibility Networking Data 92

Supply Chain Game Changer

NOVEMBER 16, 2022

Collaborating with the suppliers without any systems would mean wasting time searching through voicemails, printed documents, and email threads to locate the needed information. Management can review orders in real-time and spend time on exceptions raised by the system. Real-time data and analytics.

Supply Chain Efficiency 19

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

Supply Chain Game Changer

OCTOBER 1, 2022

Consider getting views or likes for your YouTube channel only if you are sure that your videos are valuable and interesting to real users. Try to attract popular guests to your videos and co-work with other influencers from your niche. Upload At The Popular Time. This little picture can do miracles for your visibility.

Supply Chain Optimization 19

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

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

Supply Chain Trend

NOVEMBER 16, 2016

It sometimes seems like S&OP is stuck in a time warp, where the same old things as 30 years ago are being discussed. Some have a willingness to learn it, but struggle to overcome personal fears and defense mechanisms that come with working with visible goals, openly across functions.

supply chain budgeting 115

supply chain budgeting Supply Chain Efficiency Innovation Supply chain 115

Finale Inventory

SEPTEMBER 26, 2024

This means the time to focus on brand awareness is NOW! Caroline Powell, Director of Marketing, Trellis With the time between Cyber 5 and Christmas being a week shorter, the calendar will definitely catch some shoppers by surprise. Pauline Shiu, VP of Marketing, Finale Inventory The fight for Q4 wins began weeks ago.

Supply Chain Optimization 111

Supply Chain Optimization Real-time Visibility Inventory Supply Chain Efficiency 111

IBM Supply Chain Blog

SEPTEMBER 27, 2023

It is achieved through observing real-time frameworks, performance-monitoring libraries and crash-reporting tools. This includes logging HTTP requests, database queries, server response times and system resource utilization. This involves capturing and correlating logs, metrics and traces across various components and services.

Real-time Visibility 69

Real-time Visibility e2e Data Influencing 69

IBM Supply Chain Blog

MAY 6, 2024

While the overall clinical trial termination rate has decreased over time, low accrual rates within trials remain the most common termination reason. The number of first-time clinical investigators has declined, especially among non-US based investigators. Ensuring early assumptions resonate with real-world execution is paramount.

Real-time Visibility 80

Real-time Visibility Data Influencing Strategy 80

Finale Inventory

AUGUST 13, 2024

With the help of Finale Inventory, you can streamline this process and ensure that you are setting the right wholesale prices for your products. This article discusses the importance of accurate wholesale pricing, the key factors that influence it, and how Finale Inventory can assist you in calculating your wholesale price effectively.

Price 52

Price Inventory Real-time Visibility Purchase orders 52

Finale Inventory

AUGUST 20, 2024

The volume of products, numerous suppliers, varying lead times, and fluctuations in customer demand can make manual inventory management overwhelming and error-prone. Accurate demand forecasting is one major challenge for businesses with large inventories. Inventory visibility and tracking is another important aspect.

Inventory 52

Inventory Supply Chain Efficiency Real-time Visibility Inventory control 52

Let's Talk Supply Chain

JULY 27, 2022

Let’s Talk Supply Chain gives them a platform to share what drives them and how they are igniting real progress at their organizations. The premise for the company was working with local companies across Alabama, Georgia, and Northern Florida developing tools to provide more visibility into their suppliers across their supply chain.

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Supply 115

Procurement Insights

AUGUST 30, 2024

As someone who loves to engage the audience, I am going to do this the next time I speak at a live event. His influence stems from years of experience, a strong body of thought leadership, and his role as the founder of Procurement Insights , a widely-read blog that covers key issues, trends, and innovations in the field.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Influencing Leadership 52

Supply Chain Trend

AUGUST 13, 2020

IBP requires cross functional alignment to eliminate silos, to achieve accountability for delivering strategic, financial and operational outcomes, and to enable scenario planning that provides forward visibility into the consequences and risks of decisions (Sorensen, 2020). Automation versus Augmentation.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

IBM Supply Chain Blog

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Supply Chain Efficiency 82

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Supply chain 82

Supply Chain Game Changer

NOVEMBER 15, 2022

It’s imperative to take time before committing to investing so that you’re able to make an informed decision based on all the facts. The first step is making sure that you are following a variety of companies and influencers in your industry. Don’t use # every time you tweet something.

Management 108

Management Real-time Visibility Strategy Networking 108

SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 98

SCMDOJO

MAY 13, 2022

The advent of containerization heralded a revolution in cargo handling techniques, the ramifications of which are still influencing maritime trade all over the world today. The extreme need to traverse these nuances has propelled logistics companies to develop new solutions and expand services.

Supply Chain Optimization 83

Supply Chain Optimization Supply chain Real-time Visibility e2e 83