ProcurePort

JUNE 7, 2021

The post 5 Best Practices for Effective Supplier Information Management appeared first on ProcurePort Blog. That being said, however, the supplier relationship is nearly just as critical to the success of an organization as the customers themselves. […].

Suppliers 130

Suppliers Management Procurement 130

Spend Matters

JANUARY 24, 2024

In this Spend Matters Vendor Analysis, we give an overview of Hellios, a Supplier Information Management (SIM) solution. Hellios, a supplier information management specialist, addresses these pain points by creating industry-specific communities. This content is for members only. Visit the site and log in/register to read.

Suppliers 96

Suppliers Management Buyers Collaboration 96

Finale Inventory

AUGUST 4, 2024

This can help identify improvement opportunities and make informed decisions about repairs, replacements, or upgrades. This information is valuable for financial reporting, budgeting, and strategic planning. Understanding the key differences and information about fixed assets is important for ecommerce businesses.

Inventory 52

Inventory Import Management Quality 52

CPO Rising

SEPTEMBER 3, 2024

This… The post Magnus Mondays — The Supplier Management Tech Series — Part 2: Supplier Information Management appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT. In that article, we covered some of the functionality that’s needed across all the components of supplier management.

Chief Procurement Officer 52

Chief Procurement Officer Suppliers Management Supply management 52

ProcurePort

FEBRUARY 2, 2021

The post How to Manage Vendor Information Effectively appeared first on ProcurePort Blog. Not just an indent either; 2020 certainly secured itself at least a few pages in the history books to come. One of the major results of the year was a massive acceleration into a more virtual economy. The digital […].

Management 100

Management Contract management Contract 100

HICX

AUGUST 31, 2023

Table of Contents What is Supplier Information Management? What are the benefits of Supplier Information Management? One area of supply chain management and strategy that has become increasingly important is Supplier Information Management (SIM). What is Supplier Information Management?

Suppliers 52

Suppliers Management Supply Chain Efficiency supply chain software solutions 52

Supply Chain Brain

NOVEMBER 30, 2023

This has been a challenging year for the multi-trillion-dollar information communications technology industry. Now, however, it looks like the downturn is behind us, and growth is predicted in the near term.

97

97

The Good Spending

OCTOBER 16, 2023

This post will review a research study addressing the procurement challenges of the information asymmetry between buyers and suppliers in digital transformation. In this scenario, traditional procurement approaches relying on well-known information about suppliers become inadequate due to the lack of accessibility to crucial details.

Negotiation 59

Negotiation Buyers Price Quality 59

HICX

JUNE 20, 2024

Detection of fraud as a use case for Supplier Information Management It is for these reasons that an organization’s finance department should be heavily focused on the exploration of Supplier Information Management solutions alongside the procurement team. Enhancing PO compliance and invoice matching. Supplier contact details.

Suppliers 52

Suppliers Management supply chain software solutions Data 52

ivalua

AUGUST 26, 2015

In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. That post also detailed the fact that there are many potholes along the road to better supplier information. SO DON’T TRY TO BOIL THE OCEAN.

Suppliers 173

Suppliers Real-time Visibility Sourcing Quality 173

ivalua

APRIL 1, 2019

Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. It does not tell us much about the suppliers.

Suppliers 133

Suppliers Management Contract Strategic sourcing 133

SCMR (Supply Chain Management Review)

OCTOBER 5, 2023

APQC classifies organizations that have established these practices as having high information maturity. Advantages that these organizations have over others include the ability to determine product locations throughout the supply chain.

Logistics 60

Logistics Supply chain Supply 60

Supply Chain Brain

AUGUST 12, 2022

If the Commission issues an emergency order, common carriers and marine terminal operators would be required to share directly with relevant shippers, rail carriers, or motor carriers information relating to cargo throughput and availability.

97

97

ivalua

AUGUST 10, 2015

Manufacturers need better supplier information. The need for better supplier information stood head and shoulders above the next group of issues, which included improving internal stakeholder and supplier collaboration, getting more value from suppliers, fostering more powerful innovation and optimizing cost management programs.

Suppliers 157

Suppliers Data Quality Collaboration 157

Spend Matters

JUNE 20, 2023

Cyber security — across both the digital and physical supply chain — is a risk area where procurement has traditionally taken a back seat to subject matter experts often led either by the Chief Information Security Officer or, in the absence of one, the IT department.

Risk 79

Risk supply chain software solutions Risk management Real-time Visibility 79

Supply Chain Game Changer

DECEMBER 9, 2020

The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. Your PIM is the software you use to manage all your product information in one place. Subscribe Here! Email Address. Get Our EBOOK HERE.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Supply Chain Brain

NOVEMBER 14, 2023

Ironically, the higher up you go in most organizations, the more unreliable and challenging the information that drives decision-making becomes. The main issue is the same as it has always been – behavior.

Risk 75

Risk 75

HICX

JANUARY 31, 2023

By Costas Xyloyiannis, CEO of HICX What was once “nice to have” information has been defined by law. Regulations demand that organizations provide and fully understand certain supplier information. What can large organizations with complex supply chains do to help mitigate supplier risk?

Risk 52

Risk Suppliers Ethics Management 52

ivalua

AUGUST 26, 2015

In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. That post also detailed the fact that there are many potholes along the road to better supplier information. SO DON’T TRY TO BOIL THE OCEAN.

Suppliers 100

Suppliers Real-time Visibility Sourcing Quality 100

Procurement Insights

FEBRUARY 16, 2024

” – Nicole Park, IBM My advice: Stop chasing solutions and start solving problems. I have often discussed the importance of service provider leadership stepping out from behind their company’s logo.

Leadership 83

Leadership Innovation Data Demand 83

Supply Chain Brain

JANUARY 19, 2023

A means of speeding up payment for services, factoring can help small to midsized carriers reduce overhead and increase margins.

Data 101

Data Logistics 101

ivalua

AUGUST 10, 2015

Manufacturers need better supplier information. The need for better supplier information stood head and shoulders above the next group of issues, which included improving internal stakeholder and supplier collaboration, getting more value from suppliers, fostering more powerful innovation and optimizing cost management programs.

Suppliers 100

Suppliers Data Quality Collaboration 100

Supply Chain Brain

MAY 20, 2021

The Biden administration is exploring how to help semiconductor producers and buyers share supply chain information to alleviate the global chip supply crisis.

Buyers 76

Buyers Supply Supply chain 76

IBM Supply Chain Blog

OCTOBER 2, 2023

The FertilityAnswers Bot is a powerful tool that helps people with fertility concerns get the information they need to help them make decisions about their healthcare. The IBM Build Fund provides financial support to Ovum as well as other early-stage startups that are developing innovative AI solutions.

Networking 86

Networking Collaboration Innovation Data 86

Art of Procurement

MARCH 27, 2023

The post [Pod] Facilitating Differentiated Decision Making | Part 1: Procurement Information Hub w/ Heta Ruikka appeared first on Art of Procurement. In this four-part special series, host Philip Ideson speaks with members of the Sievo team. In each episode, we discover.

Procurement 52

Procurement Data Management 52

Supply Chain Dive

APRIL 24, 2023

The e-commerce giant said the program has already detected hundreds of problematic accounts.

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99

Supply Chain Collaborator

JANUARY 8, 2020

January 6, 2020 – Fair Lawn, NJ – UltraShipTMS is kicking off a 90-day campaign of education and information sharing on the latest innovations and best practices for superior food logistics operations in the new decade.

Logistics 105

Logistics Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 105

Supply Chain Game Changer

NOVEMBER 21, 2018

That’s why we need information management, which main task would be to keep track of all documents. The common big issue is storing information safely, because this is usually done on a centralized server. Blockchain technology could enhance information governance in numerous ways. The post Blockchain and Information Governance!

Supply Chain Efficiency 51

Supply Chain Efficiency Purchase orders Supply chain Logistics 51

SupplyShift

NOVEMBER 29, 2021

In this blog we outline some ideas on how organizations can utilize supplier sustainability information beyond annual reports to the advantage of their business. Pucker So, understanding that reports can’t be an end in and of themselves, what should a company be doing with supplier sustainability information?

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Supply chain 52

SupplyShift

NOVEMBER 29, 2021

In this blog we outline some ideas on how organizations can utilize supplier sustainability information beyond annual reports to the advantage of their business. So, understanding that reports can’t be an end in and of themselves, what should a company be doing with supplier sustainability information?

Sustainability 52

Sustainability Suppliers Supply Chain Efficiency Supply chain 52