Let's Talk Supply Chain

SEPTEMBER 23, 2024

Today, Jeremy Reeves, Senior VP of Product at Relish, and Matt Montgomery, Senior Director of Product Marketing at SAP, join me to talk all about how technology can automate supplier data validation and mitigate risk. 08.59] An overview of the landscape of supplier data and the challenges of validation.

Data 52

Data Risk Suppliers supply chain software solutions 52

ivalua

JANUARY 24, 2022

So, then we must ask ourselves, how can you partner with your suppliers to leverage this insightful data? Reaching those key suppliers, accurately assessing inventory, and making that data visible to stakeholders via a high level of integration is imperative for successful supply chain forecasting. Timeliness is also important.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

ivalua

MAY 6, 2020

It covers spend analysis , sourcing, contract management and supplier risk and performance management (SRPM), similar in scope to Gartner’s Strategic Sourcing Application Suites Magic Quadrant. A single platform for customers, one for financials, one for suppliers, etc.

Sourcing 130

Sourcing Eprocurement Contract Suppliers 130

TYA Suite

JANUARY 27, 2025

is a critical function for any organization, directly impacting its efficiency, cost savings, and overall productivity. Managing procurement manually can be fraught with challenges such as delays, human errors, and lack of visibility. Enter procurement management software, a game-changer that can streamline and optimize the entire.

Real-time Visibility 40

Real-time Visibility Procurement Management Purchase orders 40

Procurement Tactics

JUNE 2, 2023

For instance, you want to prepare for a negotiation with a supplier you’ve been working with for 15 years. You could ask ChatGPT: “How to prepare for my negotiation with a supplier I’ve been working with for 15 years?” Depending on the industry you work in, this can help you to get a better understanding of specific topics.

Negotiation 170

Negotiation Strategy Procurement Procurement strategies 170

Supply Chain Game Changer

AUGUST 21, 2022

Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. By understanding the customer’s needs, logistics managers can implement better route planning to reduce operational costs and improve fulfilment rates. Supply Chain 4.0

Supply Chain Efficiency 104

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Logistics 104

Jaggaer

APRIL 18, 2019

Leverage supplier relationship management (SRM). Relationships between procurement and its suppliers must become much more strategic. ?Procurement Procurement needs to make it a priority to automate and streamline supplier onboarding with digital tools. Georg Rösch | VP Product Management. About the Author.

Procurement 78

Procurement Supplier relationship management Eprocurement Risk management 78

Spend Matters

JANUARY 30, 2024

Today let’s hear from the last of the submissions for this year: Ruth Orenstein, Senior Director of Product Management at Tipalti , a provider of supplier management solutions and one of Spend Matters 50 Procurement Providers to Know.

Procurement solutions 104

Procurement solutions Procurement Spend management Collaboration 104

SCMDOJO

JUNE 21, 2023

allowing them to shift their focus towards core activities like market share and product management. Companies with advanced supply chain practices excel in delivering quality third-party logistics management, SKU optimization, efficient transport management, and swift handling of B2B/B2C shipments.

Supply Chain Optimization 105

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 105

SCMDOJO

AUGUST 10, 2024

Initiatives like Tesco’s Supplier Collection and Onward Supply Schemes demonstrate significant fuel savings. Data Sharing and Collaboration: Internet-based transport exchanges have facilitated matching suppliers and haulers, reducing empty runs. The role of logistics in retailer-supplier relationships: The case of food retailing.

Supply Chain Efficiency 98

Supply Chain Efficiency Logistics Strategy supply chain budgeting 98

Supply Chain Game Changer

JULY 21, 2021

Product Management KPIs! Then it can potentially be broken down further to where you are able to see exactly how late particular materials, products or suppliers were in their deliveries and how many missing items they had. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Get Our EBOOK HERE.

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Jaggaer

OCTOBER 22, 2019

”, which is based on a global survey with responses from 391 CPOs and other senior procurement decision makers, showed that most progress had been made with the automation of supplier management, procure-to-pay and spend management processes. These should be used in combination with conversational platforms (e.g.

Procurement 60

Procurement supply chain software solutions Suppliers Sourcing 60

Supply Chain Game Changer

DECEMBER 22, 2021

You should also diversify your product suppliers. With this, if one supplier runs out of stock, you can source from another supplier to fulfill your orders. This can lead to major revenue loss in the following ways: · Repairing or replacing damaged products. Managing product returns.

Order Fulfillment 96

Order Fulfillment supply chain software solutions Supply Chain Efficiency Inventory 96

Arkestro

NOVEMBER 6, 2023

This webinar will not only highlight the horror stories associated with unclean procurement data, but also equip you with the tools to combat these issues, navigate your procurement processes more efficiently, and enhance your understanding of data science.

Procurement 52

Procurement Negotiation Product management Data 52

Planergy

JANUARY 19, 2024

That’s why vendor analysis is essential to any successful procurement process – it helps ensure that companies procure from reliable suppliers at competitive prices while adhering to applicable regulations. This is usually incorporated into the broader supplier evaluation and selection process when onboarding new suppliers.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Supply Chain Game Changer

JUNE 2, 2020

It was a great lesson in how to successfully manage a strategic customer-supplier relationship, a lesson which I have always kept in mind in all other interactions. There are several challenges that I think need to be brought together and owned by supply chain teams, especially those responsible for supplier selection and management.

Leadership 61

Leadership Strategy Supply Chain Efficiency supply chain software solutions 61

Finale Inventory

JULY 21, 2024

This includes the cost of purchasing materials from suppliers, shipping costs, and any additional costs related to sourcing and transporting materials. Efficient supply chain management practices can help reduce direct materials costs. Streamlining production can improve efficiency, reduce waste, and lower manufacturing costs.

Raw materials 52

Raw materials Price supply chain budgeting Inventory 52

Procurement Software

MAY 2, 2023

I’m not a software engineer or even a product manager. What worries them from a supply chain risk management perspective, and how they can use technology and data. We give people visibility of what’s going on, across not just their immediate supply chains or their first tier supplier relationships, but also N tier.

supply chain software solutions 52

supply chain software solutions Risk Supply chain Suppliers 52

IBM Supply Chain Blog

OCTOBER 13, 2023

Consider financial analysts and product managers that must keep up with the changes in the price of their raw materials to ensure overall profitability and optimal decision-making. Consider a situation where the price of a material used in production dropped after you closed negotiations with your supplier.

Real-time Visibility 67

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency Price 67

Finale Inventory

JULY 23, 2024

Raw materials inventory is a key part of any manufacturing or production operation. It includes items such as metals, plastics, fabrics, and other materials essential for creating the final products. Additionally, efficient inventory management can improve relationships with suppliers.

Inventory 52

Inventory Raw materials Supply Chain Optimization Supply Chain Efficiency 52

EazyStock

JANUARY 21, 2021

Link items to create a bill of materials for production. Link replacement articles to offer alternatives to sold-out products. Manage non-stocked items. When are Microsoft Dynamics 365’s inventory management features not sufficient? The complexity and importance of inventory management is often underestimated.

Inventory 52

Inventory Management Quantity Order Fulfillment 52

Jaggaer

MAY 12, 2020

Supplier enablement based on AI. Back in September 2018 Gartner wrote , “Technology product managers must develop AI solutions that are aligned with high-priority procurement use cases, enhance user experience and improve supplier loyalty to gain their confidence.” Cognitive Automation. Autonomous Procurement.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Suppliers 52

Supply Chain Game Changer

NOVEMBER 15, 2018

It could be bad forecasting, poor order management tracking, failure to deal with supplier issues, inaccurate parameters, or lack of supply chain visibility. There was an official Corporate department called Supply Line Management. Components and raw materials of all kinds are needed in the production of your products.

Strategy 48

Strategy Bill of materials Supply Chain Efficiency Inventory 48

Procurement Insights

SEPTEMBER 28, 2023

Photo by Todd Trapani on Pexels.com Nick Verkroost • CEO @ Canopy | Empowering procurement teams to get maximum visibility of their suppliers | Speaker & Board Advisor | 10+ years of scaling B2B tech companies Great question, Jon ! Within a segment that SHOULD adopt (e.g.

Procurement 69

Procurement Influencing Procurement solutions Contract 69

Procurement Software

JULY 18, 2023

We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. The platform also offers inventory management and tracking, as well as solutions for supplier and user management.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

The Network Effect

JANUARY 17, 2016

Buyer Financials Manager (AP). Vendor Financials Manager ( AR). Warehouse Manager. Production Manager – manages production capacity and resource setup. Production Planner – PP & DT. Master Data Admin – manages master data for the enterprise. User Admin – manages security User/Role.

Buyers 40

Buyers Supply Chain Efficiency Networking Bidding 40

Finale Inventory

AUGUST 22, 2024

Direct Labor Costs Direct labor costs include wages and benefits paid to employees directly involved in production. This covers the wages of assembly line workers, machine operators, and other personnel who contribute to creating the final product.

Raw materials 52

Raw materials Inventory Supply Chain Optimization Supply Chain Efficiency 52

IBM Supply Chain Blog

DECEMBER 11, 2023

Before embarking on a hybrid cloud journey, organizations must thoroughly evaluate their business needs and work with a public cloud service provider or supplier who can help translate those needs into the best hybrid cloud implementation approach.

Real-time Visibility 101

Real-time Visibility Data Strategy Networking 101

Supply Chain Game Changer

MARCH 12, 2019

I hired a team, secured three (3) Asian suppliers, 3 software suppliers ( US, France, and Taiwan). We recently 9 new products, and signed 45 Value-Added Resellers. Even though the startup thin client company failed, it proved that 9 people could build a supply chain for a complex product in less than 9 months.

Leadership 43

Leadership supply chain software solutions Supply Chain Optimization Supply chain 43

Finale Inventory

AUGUST 8, 2024

Automated reordering systems can also integrate with suppliers’ systems, making the reordering process more efficient. Impact of Predictive Analytics on Inventory Management Predictive analytics uses historical data and algorithms to forecast future demand patterns.

Inventory 52

Inventory Strategy Real-time Visibility Management 52

IBM Supply Chain Blog

AUGUST 15, 2023

Therefore, to support its various business processes, Suzhou Universal Chain has developed and deployed several IT systems, including a manufacturing execution system (MES) , enterprise resource planning (ERP), warehouse management system (WMS), quality inspection system and supplier management system.

e2e 51

e2e Real-time Visibility Raw materials Management 51

ivalua

JUNE 15, 2022

At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”. A core element to successful supplier management and designing a supplier portfolio is collaboration. Key Takeaways.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Innovation 130

Procurement Software

FEBRUARY 20, 2024

Weproc offers features for: Procurement Management Product Management Contract Management Supplier Management Budget Management Accounting Basic Analytics Weproc also aims to put user experience first. Thinking Machine offers a quick way to identify discrepancies in supplier invoices.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Supply Chain Game Changer

JUNE 8, 2021

There is so much to learn in many functions of supply chain, whether it is IT tools, planning and buying, commodities, global supplier management, logistics, warehousing. Every day is about communicating, collaborating, organizing, problem solving, cost and environmental management.

Supply Chain Efficiency 97

Supply Chain Efficiency supply chain budgeting Supply chain Leadership 97

Spend Matters

JANUARY 14, 2025

Ruth Orenstein , Senior Director of Product Management at global finance automation specialist, Tipalti, shares what their customers are looking for from their digital procurement investment. First, hard dollar savings that directly impact the P&L, such as negotiated supplier discounts and reduced maverick spend.

Real-time Visibility 115

Real-time Visibility Procurement Budget Procurement team 115

SCMDOJO

DECEMBER 5, 2024

Detailed Product Life Cycle Stages Key Product Management Strategies for Each Stage The above-stated four stages are the main hut to the product life cycle. Supply chain visibility gives a deeper insight into managing the product life cycle. However, when supply chain visibility is good, it is stable.

Management 96

Management Supply Chain Optimization Inventory Supply Chain Efficiency 96

Finale Inventory

FEBRUARY 6, 2025

The just-in-time (JIT) inventory strategy is one of the most famous modern inventory management techniques. Its a production management philosophy developed and popularized by Toyota focused on eliminating waste, inconsistencies and unnecessary requirements.

Inventory 52

Inventory Raw materials Quantity Supply chain 52