The Procuretech Podcast

SEPTEMBER 21, 2021

Creating a structure and a visibility across all of this activity is key, so as those affected can actually see it bearing fruit. Sheldon uses "just-in-time" (JIT) as a great example of how supply chains have been primarily driven by cost savings activities rather than collaboration.

Real-time Visibility 52

Real-time Visibility Collaboration Suppliers Supplier relationship management 52

Supply Chain Game Changer

AUGUST 10, 2021

I quickly became very familiar with the standard half-sized and full-sized (40″ x 48″) pallets that the company was using at the time, though I was unaware of the Pallet Supply Chain. The backbone of the Digital Supply Chain of the future is end to end electronic connectivity and real time visibility as to the movement of goods.

Price 98

Price Supply Chain Efficiency Supply chain Supply 98

IBM Supply Chain Blog

JUNE 30, 2023

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. However, maintenance inventory optimization is only part of the solution.

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

Finale Inventory

SEPTEMBER 24, 2024

Additionally, efficient inventory management can help small businesses anticipate demand trends , identify popular products, and streamline their procurement processes. By analyzing inventory data, businesses can forecast future sales, adjust pricing strategies, and maintain optimal stock levels to meet customer demands effectively.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Supply Chain Efficiency 52

Finale Inventory

AUGUST 30, 2024

By using technology to streamline inventory processes, companies can reduce human error, increase efficiency, and gain real-time visibility into their inventory levels and movement. The Importance of Inventory Management in Ecommerce Inventory management is fundamental to any ecommerce operation.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Supply Chain Optimization 52

Finale Inventory

SEPTEMBER 23, 2024

Understanding the Importance of Equipment Inventory Management Inventory management is vital for the smooth functioning of any ecommerce business. Effective management ensures that the right products are available at the right time, prevents stockouts or overstocks, and minimizes the risk of lost sales.

Inventory 52

Inventory Real-time Visibility Strategy Order Fulfillment 52

IBM Supply Chain Blog

MAY 12, 2023

However, AWS S3 does come with its own set of challenges, particularly when it comes to S3 pricing. As AWS S3 usage grows, so does the cost; managing AWS S3 pricing can be complex and frustrating, especially when you’re trying to optimize your business. 99.99% 99.99% Availability SLA 99.9% 99% 99% 99% 99% 99.9%

Price 52

Price Management Real-time Visibility Data 52

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Supply Chain Collaborator

JUNE 4, 2020

For good or for ill, truck drivers seem to always play an integral role during these challenging times, serving as a flash point for the consciousness of America. Perhaps due to this dedication to keep cargo moving in spite of any obstacles, there is a pattern of drivers being caught in the crossfire during times of civil distress/unrest.

Real-time Visibility 108

Real-time Visibility Logistics Sustainability Price 108

Let's Talk Supply Chain

AUGUST 28, 2022

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. And Hubtek is a tech-enabled talent and automation solutions provider for transportation companies across North America.

Real-time Visibility 98

Real-time Visibility Price Collaboration Supply Chain Efficiency 98

FourKites

DECEMBER 23, 2020

When creating a strategy for improving the productivity of your supply chain, you should analyze your costs within the following four areas: Staff time. Inventory, raw materials and finished goods. Real-time supply chain visibility can significantly reduce wasted time across your operations.

Supply Chain Efficiency 52

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

Procurement Tactics

JULY 20, 2023

This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands. This automation saves time and effort, making the procurement process more efficient.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Spend Matters

OCTOBER 31, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers.

Real-time Visibility 109

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 109

SCMDOJO

APRIL 29, 2024

A well-established sourcing strategy helps businesses secure the best quality materials at the most competitive prices. Efficient transportation systems minimize delays, reduce costs, and ensure timely delivery to customers. Efficient order fulfillment processes ensure timely and accurate delivery, enhancing customer satisfaction.

Supply chain management 98

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

Finale Inventory

SEPTEMBER 17, 2024

This integration ensures smooth communication and data synchronization, reducing manual errors and saving time. Imagine having a single dashboard that provides a comprehensive overview of your inventory, allowing you to monitor stock levels, track sales performance, and analyze customer buying patterns.

Inventory 52

Inventory Strategy Real-time Visibility Management 52

SCMDOJO

AUGUST 16, 2023

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Supply Chain Efficiency 98

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

ivalua

JUNE 10, 2021

With real-time pricing and inventory information to ensure that the items selected are available. With this seamless access, businesses can have better control and visibility into tail spend. All without leaving Ivalua.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Spend management 130

Finale Inventory

AUGUST 15, 2024

This technology has significantly improved the accuracy and speed of inventory management, reducing manual errors and enhancing overall efficiency. This data-driven approach to pricing has allowed retailers to optimize revenue streams and enhance customer satisfaction through targeted marketing initiatives.

Inventory 52

Inventory Real-time Visibility Management Supply Chain Efficiency 52

Finale Inventory

AUGUST 20, 2024

Key Challenges in Managing High Volume Inventory Managing large inventories presents specific challenges that need specialized techniques and tools. The volume of products, numerous suppliers, varying lead times, and fluctuations in customer demand can make manual inventory management overwhelming and error-prone.

Inventory 52

Inventory Supply Chain Efficiency Real-time Visibility Inventory control 52

Procurement Tactics

JUNE 19, 2023

Artificial intelligence is being used to automate routine and time-consuming work in warehouses such as packing and sorting of goods which helps to improve efficiency, reduce errors and costs. It is also used to improve the accuracy of demand forecasting, inventory management , and transportation planning.

Logistics 193

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

Spend Matters

NOVEMBER 19, 2024

We’re seeing larger RFPs over time asking for greater complexity. Our customers’ top concerns include expanding risk types, gaps in technology and a lack of full supply chain visibility. Beyond timely delivery, companies need to consider ethical and long-term sustainability issues. Supply chain risk is also more complex now.

Risk management 71

Risk management Risk Management Real-time Visibility 71

ivalua

JUNE 10, 2021

With real-time pricing and inventory information to ensure that the items selected are available. With this seamless access, businesses can have better control and visibility into tail spend. All without leaving Ivalua.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Spend management 130

Jaggaer

OCTOBER 24, 2024

From bundling spend to identifying mutual efficiencies, these approaches not only drive down costs but also strengthen supplier relationships, ensuring sustainability and value over time. This approach streamlines communication, reduces administrative overheads, and often leads to lower prices.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain budgeting 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. When consumers have more money to spend, they compete for limited goods, driving prices up. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Heads

FEBRUARY 8, 2023

Currently, wholesale gas and electricity prices have been fixed for firms from October until March 2023, but the help is under review due to the cost. One of the common themes I’m hearing from large organisations is that they are finding a lack of visibility looking ahead for energy spend.

Real-time Visibility 130

Real-time Visibility Price Negotiation Sourcing 130

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

Finale Inventory

SEPTEMBER 23, 2024

In a competitive business environment, it’s critical for small businesses to effectively manage their inventory. The success of these businesses heavily depends on their ability to track and manage their stock in real-time.

Inventory 52

Inventory Real-time Visibility Purchase orders Demand 52

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 services may also not be cost-effective for small companies due to their pricing.

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

Arkestro

SEPTEMBER 29, 2023

We help you save money and time, across all areas of addressable spend. Predictive Procurement Orchestration offers real-time recommendations and can even act on your behalf to ultimately save you time, reduce business risk, and decrease costs so you can find the right supplier at the right price, right now.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Bidding 52

Finale Inventory

AUGUST 15, 2024

The Role of Inventory Management in Ecommerce Inventory management is key in ecommerce, as it directly impacts order fulfillment, customer satisfaction, and your ability to meet market demand. Effective management helps avoid stockouts, prevent excess inventory, and ensure timely order processing.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Supply Chain Efficiency 52

Supply Chain Game Changer

SEPTEMBER 22, 2022

Getting the right amount of products at the right price. Spend Visibility. Spend visibility is a pretty big deal when it comes to procurement or any type of invoicing management for that matter. Transparency is a good thing when it comes to spending visibility. Real-time Spend Tracking. Choosing suppliers.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

Finale Inventory

AUGUST 28, 2024

Proper inventory management ensures that the right products are available at the right time, preventing stockouts and backorders. It also allows businesses to optimize their inventory levels , reducing carrying costs and minimizing the risk of obsolete products. It also improves order fulfillment accuracy.

Inventory 52

Inventory supply chain software solutions Real-time Visibility Order Fulfillment 52

Supply Chain Collaborator

MARCH 26, 2018

is the latest big company to succumb to tight capacity and rising prices in shipping markets, saying its freight costs neared 20-year highs in February while spending for its ingredients was also on the upswing.” The post Food Shippers: Do This One Thing Before Hiking Prices appeared first on UltraShipTMS. General Mills Inc.

Price 60

Price Real-time Visibility Supply Chain Efficiency Logistics 60

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

Finale Inventory

JULY 18, 2024

Each segment represents a specific piece of information, such as a customer’s name or a product’s price. For example, EDI allows for real-time inventory updates , providing accurate product availability information for online shoppers. These segments are grouped together to form a complete document.

Data 52

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

Jaggaer

OCTOBER 24, 2024

Conventional transactional relationships focus on price and delivery terms. The result is a vehicle that meets market demands for sustainability and performance while reducing time to market and production costs. This not only helps avoid stockouts but also reduces the need for excessive inventory, reducing overage and storage costs.

Collaboration 52

Collaboration Innovation Suppliers Supply Chain Efficiency 52