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. The powerful concept of Supply Chain Visibility lies at the core of resilience.

Supply Chain Visibility 98

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

Let's Talk Supply Chain

MARCH 24, 2025

As industries evolve and transform,the reliance on traditional databases is being challenged ‍by the innovative capabilities of graph databases. representing data as nodes and relationships, companies can easily track the flow of products, identify bottlenecks, and optimize their inventory levels in real-time.

Agile and Lean Supply Chain 52

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

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

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

Spend Matters

MARCH 11, 2024

So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week. PSI is a good place not only to hear from but to meet the innovators in this space, not just the developers and service providers but the people who interact with them. So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 111

Procurement strategies Innovation Strategy Procurement 111

Procurement Insights

APRIL 9, 2025

Enhanced Adaptability to Dynamic Environments Challenge : Traditional equation-based models fail to respond to real-time disruptions (e.g., Example : Agents from a manufacturer and Tier 1/2 suppliers jointly resolve component shortages by redistributing inventory in real time. Learn and optimize continuously.

Supply Chain Efficiency 52

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

Procurement Insights

APRIL 3, 2025

It hosts global events, supports startup innovation, and provides thought leadership to procurement professionals seeking digital transformation. Premier Innovation Showcase DPW Amsterdam is considered the Davos of Procurement Tech , bringing together top procurement leaders, digital startups, and investors. Positive Aspects of DPW 1.

Innovation 52

Innovation Real-time Visibility Sustainability Collaboration 52

Una

AUGUST 17, 2022

This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk. Even with the help of procurement tech, it takes time and resources to bring an unruly tail spend under control.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Let's Talk Supply Chain

FEBRUARY 28, 2025

Embracing innovation and best practices, TecPlata remains at the‍ forefront of the industry, setting a shining example for others to follow in the realm of supply chain security and logistical excellence. this comprehensive approach not only safeguards goods in transit ‍but also fosters trust among global partners and customers.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain e2e 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

Let's Talk Supply Chain

FEBRUARY 21, 2025

From customs regulations to tax requirements, navigating these obstacles can be time-consuming and costly for e-commerce businesses. Furthermore, leveraging advanced technology can significantly enhance risk management in the cross-border e-commerce air cargo sector.

Demand 52

Demand Risk Supply Chain Efficiency Real-time Visibility 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

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

ivalua

JULY 8, 2020

These challenges in the direct material supply chain pose a real threat, especially in a time of crisis. However, it is up to the procurement team to find a way to ensure that suppliers: Are not risky; Perform well over time; Meet quality & regulatory requirements; Maintains the right certifications, and more; and.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

Jaggaer

APRIL 3, 2025

A July 2024 Gartner survey also found that 72% of procurement leaders are focusing on incorporating generative AI, anticipating a shift towards strategic decision-making and innovation. Elizabeth highlighted the growing need for specialist procurement centers of excellence in areas such as risk management, analytics and sustainability.

Procurement 52

Procurement Supply Chain Efficiency Contract Real-time Visibility 52

SCMDOJO

MAY 2, 2024

A dynamic and responsive infrastructure, robust risk management practices, and strong relationships with suppliers and partners characterize them. Drive Innovation: Building supply chain resilience often requires organizations to innovate and adapt their business processes.

Agile and Lean Supply Chain 98

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

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

SCMDOJO

MAY 2, 2024

A dynamic and responsive infrastructure, robust risk management practices, and strong relationships with suppliers and partners characterize them. Drive Innovation: Building supply chain resilience often requires organizations to innovate and adapt their business processes.

Agile and Lean Supply Chain 93

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

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation. Try out cognitive intelligence free for 30-days.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

SCMDOJO

APRIL 24, 2024

One interesting fact is that companies that adopt digital transformation and supply chain innovation can expect operational cost savings of up to 30%, according to a recent McKinsey study. Whether it will be worth it, only time will tell. The future of supply chain management is one of innovation, resilience, and adaptability.

Supply Chain Efficiency 90

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

Spend Matters

MARCH 25, 2024

We recently spoke with Stuart Brock , founder and President of startup iKinetiq Innovation Solutions which helps procurement functions design the right strategy to optimize processes, gain deeper insights, and enable data-driven risk management with a focus on using AI technologies responsibly.

Procurement contracts 124

Procurement contracts Contract Procurement Negotiation 124

IBM Supply Chain Blog

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization.

Supply Chain Optimization 78

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

SCMDOJO

DECEMBER 28, 2023

You need to integrate your supply chain management systems to meet this demand. 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.

Supply Chain Efficiency 98

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

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 110

Procurement solutions Procurement e2e Real-time Visibility 110

SCMDOJO

JUNE 17, 2024

Port congestion at the main global crossroads in recent times has revealed the susceptibility of supply networks to logistical constraints. Monitoring and Reviewing: Keep a close eye on risk indicators and ensure risk management strategies are updated and function regularly.

Supply Chain Efficiency 98

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

Planergy

FEBRUARY 24, 2025

While less visible, these procurement areas are crucial for maintaining a functional educational environment. It involves long-term planning, vendor relationship management, and aligning procurement decisions with institutional goals. Strategic Procurement Strategic procurement goes beyond transactional purchasing.

Procurement 52

Procurement supply chain budgeting Supply Chain Efficiency Budget 52

Empowering CPO

JUNE 14, 2023

But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Introduction A. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Supply Chain Game Changer

SEPTEMBER 30, 2022

The supply chain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supply chain management. This helps cut infrastructure management and hardware maintenance costs. Greater Information Visibility. Email Address.

Supply Chain Efficiency 112

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

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

Empowering CPO

JULY 3, 2023

These services often encompass a wide range of tasks, from supplier management and contract negotiation to spend analysis and process improvement. Amid the rapidly evolving business landscape, it is no longer sufficient for companies to merely manage their procurement operations – they must innovate.

Innovation 52

Innovation Strategy Procurement Management 52

Let's Talk Supply Chain

DECEMBER 4, 2023

Guest Bio: Cris Ferregur, Vice President of Business Development at SDI, champions the needs of facilities management, plant maintenance, and procurement professionals, delivering significant year-over-year cost savings and improved ROI. We look to augment and enhance – it’s a real partnership.” 37.06] The future for SDI.

Supply Chain Optimization 52

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

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

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Roach believes that when it comes to ESG, there’s no time like the present. People just need to get started,” she said.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Pipefy

JANUARY 8, 2025

The combination of AI and automation addresses challenges like risk management and fraud prevention, while also streamlining essential processes such as claims analysis. Implementing AI for insurance is critical for enhancing risk management and automating repetitive tasks.

Real-time Visibility 52

Real-time Visibility e2e Risk management Risk 52

SCMDOJO

JULY 24, 2023

They can be businesses or individual consumers who expect their orders to be delivered in a timely manner and in good condition. Read More: Evolution of Supply Chain Management and Logistics ] Benefits of Contract Logistics Contract logistics offers several benefits to businesses looking to streamline their supply chain operations.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

World of Procurement blog

APRIL 23, 2024

This technology significantly reduces manual work, minimizes errors, and speeds up transaction times. Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively.

Supply Chain Efficiency 52

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