ivalua

MAY 31, 2022

Supplier Relationship Management (SRM) is not limited to transactional information (number of purchase orders, number of catalog items, number of supplier invoices ) or legal/contractual requirements. Learn to manage and control your suppliers to improve your purchasing efficiency and expand your supplier base. .

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

SCMDOJO

JANUARY 9, 2025

According to a McKinsey report, firms that develop strong supplier partnerships are 35% less likely to experience significant supply disruptions. Improving Cost and Quality Every decision in strategic sourcing impacts the total cost of ownership, the quality of goods or services, and supply chain resilience.

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

Arkestro

DECEMBER 26, 2024

Within procurement, sustainability is the process of integrating environmental, social, and governance (ESG) goals into procurement, purchasing, and supply chains, which helps build a circular economy. Sustainability means considering social and environmental factors alongside purely financial and economic ones.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

ivalua

FEBRUARY 25, 2021

According to the panelists, there are some key features and functionality that make best-in-class supply chain solutions a better choice for healthcare organizations: Guided procure-to-pay compliance: The concept of compliant purchasing in healthcare encompases the front-end user experience. Efficient warehouse management.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Jaggaer

FEBRUARY 28, 2025

However, the top three procurement challenges featured in the Hackett Group report demand immediate attention: slashing spending costs, securing supply chain resilience, and modernizing outdated operating models. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.

Agile and Lean Supply Chain 52

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

Strategic Sourceror

JULY 24, 2022

A Blog for Procurement, Supply Chain and Purchasing Professionals, sponsored by Corcentric , a leading Procurement Service Provider, specializing in Strategic Sourcing, Procurement Resources and Procurement Advisory. " Time will tell if the world is back on track but, for the moment, the signs are encouraging.

Supply chain resilience 57

Supply chain resilience Supply chain Supply Consumer demands 57

Procurement Insights

DECEMBER 3, 2024

Reference to Triple Bottom Line post Consumer decision-making regarding ESG (Environmental, Social, and Governance) goals is influenced by several concerns, which can either encourage or hinder their commitment to purchasing products and services that align with ESG principles.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

ivalua

FEBRUARY 27, 2023

The eProcurement solution enables users to create purchase orders quickly and accurately while providing visibility into status updates along each step of the procurement process. In addition, our Contract Management module helps Manufacturers to easily track milestones and consumption in real time across multiple agreements.

Real-time Visibility 130

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

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Strategic Sourceror

OCTOBER 27, 2022

Shoring up staff is a good way to increase supply chain resiliency, which companies are trying to do more of today to ensure theirs has what it takes to stay together when it's taxed in the future. Brought to you by the StrategicSourceror.

Collaboration 105

Collaboration Supply Chain Efficiency supply chain software solutions Supply chain 105

IBM Supply Chain Blog

JUNE 30, 2023

These healthcare industry supply chain issues are equally urgent, and each require immediate attention. The good news is, it’s possible to alleviate these perilous pain points by building healthcare supply chain resilience. Doing so streamlines purchasing power and optimizes inventory management.

Supply Chain Efficiency 77

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 77

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. Resilience and that ability to react quickly to change makes Procurement a much more strategic part of the organization, than if they focus only on reducing costs,” he said.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

SCMDOJO

FEBRUARY 5, 2025

Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. This allows you to tailor your learning to your particular needs.

Procurement 59

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 59

SCMDOJO

JUNE 28, 2024

10 years of experience in purchasing and procurement, the tobacco market in particular. Provide different consulting projects in procurement and purchasing Proven experience in the negotiation process. Maryna has: 5 years of experience in procurement training and consulting.

Supply Chain Optimization 93

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

Procurement Templates

SEPTEMBER 14, 2023

For example, a product with a lower purchase price may have higher long-term operational and disposal costs. Risk Management : Supply Chain Resilience : Evaluate suppliers’ strategies for mitigating risks related to environmental disruptions, such as natural disasters or resource scarcity.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Supply Chain Game Changer

APRIL 15, 2020

The inner ring & central focus areas being: Strategic Sourcing Contract Management Requisitioning Purchasing/Spot Buys Payment Spend Analysis. These are definitely some tools that you should have in place to keep the backbone of your purchasing data-driven & keep your suppliers’ invoices paid in full. Publications.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Arkestro

JANUARY 4, 2023

At the same time, they’ll need to watch and prepare for future economic downturns and supply chain disruption. Particularly for procurement, there will be increased reliance on tools and services that can create and foster supply chain resilience, cost optimization, and agility,” Mellot added.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104

EazyStock

DECEMBER 13, 2020

Supply chain volatility has been impossible to avoid with the advent of Coronavirus. Here are a few strategies to implement to support supply chain resilience and make your supply chain as responsive, robust and agile as possible. Prepare your Supply Chain for 2021 Challenges.

Supply Chain Efficiency 98

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

Una

JUNE 5, 2024

Companies that had invested in semiconductor supply chain resilience were able to maintain production and avoid costly delays. Why Do We Need Supply Chain Visibility? By fostering strong relationships and aligning on shared goals, you can build a more resilient and responsive network. The lesson?

Agile and Lean Supply Chain 52

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

Spend Matters

OCTOBER 24, 2023

Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000. These technologies will have a major impact on purchasing and significantly improve the efficiency and accuracy of procurement processes. Supply chain resilience is becoming increasingly critical.

Procurement solutions 107

Procurement solutions Supply Chain Efficiency supply chain software solutions Procurement 107

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

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

SCMDOJO

JUNE 6, 2023

By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

EazyStock

JUNE 21, 2022

Rather than purchasing expensive systems and equipment, you reduce costs by using your service provider’s resources while paying a subscription fee. The cloud can also rapidly respond to meet new demands in terms of size and volume, allowing for supply chain growth and scalability. Increased supply chain resiliency.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 52

IBM Supply Chain Blog

MARCH 21, 2023

Visibility also enables you to reconcile invoices against purchase orders, shipment documentation and receipts to identify quantity and price discrepancies. 69% of consumers “are much less or less likely to shop with a retailer in the future if an item they purchased is not delivered within two days of the date promised.”

Real-time Visibility 77

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 77

EazyStock

SEPTEMBER 14, 2022

In this post, we’re going to focus on WMS and how they can help improve supply chain resilience. While they seem the most cost-effective option, as businesses need to purchase multiple systems, they can cost more. Supply chain execution software modules. How can WMS improve supply chain resilience?

supply chain budgeting 52

supply chain budgeting supply chain software solutions Supply Chain Efficiency Supply chain 52

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Trend

AUGUST 13, 2020

It also requires a clear understanding of the environment in which the organization operates, so scenario planning must go extend beyond the enterprise to encompass value-chain dynamics and end-to-end supply chain resilience. Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

IBM Supply Chain Blog

MAY 17, 2024

Only 14% of surveyed consumers described themselves as “satisfied” with their experience purchasing goods online. Generative AI activates predictive analytics and forecasting, enabling businesses to anticipate and respond to changes in demand, reducing stockouts and overstocking, and improving supply chain resilience.

Supply Chain Efficiency 64

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64

EazyStock

APRIL 18, 2023

Supply chain infrastructure investment reduces. High interest rates make it less appealing for businesses to make long-term investments in their supply chain infrastructure, such as building or purchasing new warehouses or storage facilities, updating vehicles and transport or digitalizing supply chain systems.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 52

Spend Matters

DECEMBER 28, 2023

Geopolitics becomes a procurement issue Supply chain resilience will assume new meaning, with geopolitical tension presenting a complex puzzle for any global business. Chief Procurement Officers will come under mounting pressure to accelerate supply chain reconfiguration efforts started during the pandemic.

Procurement solutions 55

Procurement solutions Procurement Chief Procurement Officer Procurement team 55

Jaggaer

JUNE 28, 2024

We need to bring cost, resilience and sustainability into harmony and in doing so we need to look again at strategic leadership in the function. From resilience to agility As Iain was quick to point out, there is no shortage of people offering advice on supply chain resilience.

Leadership 52

Leadership Agile and Lean Supply Chain Raw materials Influencing 52

Zycus Cognitive Procurement

JANUARY 24, 2023

Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supply chain, invoicing, contracting, and payments. Key processes to automate include contract management, vendor management, invoicing, purchase orders, purchase requisitions.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 11, 2024

By implementing these strategies, procurement and logistics professionals can better protect their operations and maintain a secure, resilient supply chain. The post Navigating Supply Chain Attacks: A Cyber Security Guide for Procurement appeared first on Next Level Purchasing Association (NLPA).

supply chain software solutions 52

supply chain software solutions supply chain budgeting Supply chain Procurement 52

NLPA (Next Level Purchasing Association)

JULY 30, 2024

The post Preparing Your Supply Chain for the Unexpected appeared first on Next Level Purchasing Association (NLPA). Stop trying to create resources from scratch and start taking advantage of having exactly what you need right at your fingertips in NLPA Learning.

Supply Chain Optimization 52

Supply Chain Optimization Supply chain Supply Contract 52

Finale Inventory

AUGUST 15, 2024

Accurate inventory data also helps businesses make better purchasing decisions, lowering the risk of overstocking or understocking. This can lead to cost savings through bulk discounts, better negotiation terms, and increased supply chain resilience.

Inventory 52

Inventory Strategy Real-time Visibility Inventory control 52

Arkestro

NOVEMBER 7, 2023

Studies show that companies with an automated procurement negotiation process consistently save money, improve their supply chain resilience, and increase buyer productivity. If CPOs want to prove their value beyond cost-savings, they need the right tools to give them the insights to get there.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

NLPA (Next Level Purchasing Association)

NOVEMBER 22, 2024

Recommended Reading Navigating Supply Chain Attacks: A Cyber Security Guide for Procurement Preparing Your Supply Chain for the Unexpected The Importance of Supply Chain Visibility for Procurement Expert Procurement Operations Management The post How to Keep Your Supply Chain Running When Disruptions Hit appeared first on Next Level Purchasing Association (..)

Supply chain 52

Supply chain Real-time Visibility Supply Risk 52