Remove Purchasing Remove Sourcing Remove Supply Chain Analytics
article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

article thumbnail

Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Coupa, Ariba) Data analytics tools (e.g., Resources: Online courses on strategic sourcing (e.g., Analyze Total Cost of Ownership (TCO): Incorporate factors like lifecycle costs, maintenance, and disposal into purchasing decisions.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Enhancing collaboration pays off, both by increasing transparency with suppliers and improving the bottom line through multi-tier supply chain visibility. Leveraging advanced analytics : You can use analytics to identify top-performing suppliers as well as address any issues based on supplier performance metrics.

article thumbnail

Product Suites are the Future for Supply Chain Tech Stacks!

Supply Chain Game Changer

In fact, the average mid-size and enterprise company has four supply chain system investments each! Design & PLM , materials management, sourcing management , manufacturing process management, warehouse management, distribution & logistics, accounting, merchandising management, and supply chain analytics and forecasting (Phew!)

article thumbnail

Are you still spending time and money to run a lengthy RFI/RFQ/RFP process for a SaaS platform purchase?

Solvoyo

At Solvoyo, we define a T&L as a funded project with a limited-and-meaningful scope that uses actual planning workflows, exchanges data with critical data sources on your own digital platform, all within 3-4 months. We believe T&L is the obvious choice for optimizing the purchase process for a true SaaS solution! .

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Here’s how companies are using different strategies to address supply chain management and meet their business goals. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

article thumbnail

7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability. Building Agile Supply Chain Ecosystems : . Enhancing supply chain resilience: . Integrating flexible contracts. So why wait?