Spend Matters

FEBRUARY 20, 2023

Categories: Procurement Systems & Architecture , Supply Chain Visibility Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Circularise, a blockchain-based traceability solution that helps companies trace products and materials to verify their origins, certificates, CO2 footprints and other material data.

Supply Chain Efficiency 97

Supply Chain Efficiency Supply chain Raw materials Supply Chain Visibility 97

ivalua

FEBRUARY 8, 2023

Below, we list 8 steps that manufacturers can take to build a more resilient supply chain in a post-covid world. Work to achieve 100% supply chain visibility. Why is visibility so important? Flexibility: Another way to reduce risk is to build flexibility into your supply contracts.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

Supply Chain Brain

SEPTEMBER 11, 2020

FourKites, a real-time supply chain visibility platform, introduced multimodal purchase order tracking for all freight in the FourKites system.

Purchase orders 40

Purchase orders Real-time Visibility Purchasing Supply Chain Visibility 40

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The bottom line is your bottom line.

Real-time Visibility 77

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

Procurement Tactics

JUNE 5, 2023

Complexity Global supply chains are complex, involving numerous participants, resulting in increased costs and delays. This intricacy stems from factors such as geographical distance, cultural differences, legal compliance, supply chain visibility challenges, and the impact of political and economic instability.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Una

OCTOBER 17, 2023

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. The basics of group purchasing Group purchasing refers to the practice of businesses or organizations coming together to purchase goods or services at a discounted price.

supply chain budgeting 81

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

SCMDOJO

NOVEMBER 20, 2024

Supply Chain Collaboration Solid relationships with suppliers can enhance supply chain visibility. Supply chain visibility with a responsive community is a fantastic combo that optimizes inventory and reduces obsolescence in the blink of an eye. Click here!

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 32

Purchasing Sourcing Supply Chain Efficiency Suppliers 32

Jaggaer

FEBRUARY 28, 2025

Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing. Maintaining revenue and profitability depends on a resilient and adaptable supply chain. The Challenge: How do you build a supply chain that can withstand unexpected shocks and ensure the smooth flow of materials?

Agile and Lean Supply Chain 52

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

Let's Talk Supply Chain

OCTOBER 3, 2022

SEKO provides complete supply chain solutions, specializing in transportation, logistics, forwarding and warehousing. Powered by their innovative and customizable IT solutions, SEKO provide a seamless flow of information, giving their ever-growing customer base true supply chain visibility.

Demand 52

Demand Real-time Visibility Agile and Lean Supply Chain Supply Chain Visibility 52

ivalua

JANUARY 24, 2022

Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

Supply Chain Game Changer

JANUARY 19, 2022

Another strategic solution to boost your supply chain is to embrace technology. The right technology can make your supply chain visible, accessible, and streamlined. The more you automate your supply chain processes, the less chance for human errors and the better off you’ll be. Embrace Technology.

Supply Chain Efficiency 109

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Strategy 109

IBM Supply Chain Blog

JUNE 30, 2023

Doing so streamlines purchasing power and optimizes inventory management. Once hospital systems have real-time inventory visibility, order orchestration and supplier collaboration, they can enable greater customer satisfaction with options like online purchase with store pickup.

Supply Chain Efficiency 77

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

Supply Chain Game Changer

OCTOBER 25, 2022

Increase supply chain visibility. If working knowledge of your supply chain isn’t thorough and up to date, you may struggle to action quick decisions. In Europe, around 51% of potential customers report a reluctance or refusal to purchase goods in packaging that knowingly damages the environment.

Supply Chain Efficiency 93

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 93

Let's Talk Supply Chain

AUGUST 12, 2024

Today Evan Smith, Co-Founder and CEO at Altana, joins me to talk all about Altana and what they do; their mission to fix globalization and improve global commerce for everyone; the role of AI in making data accessible and actionable; and how Altana are delivering more than twice the supply chain visibility of any other provider.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

Strategic Sourceror

FEBRUARY 3, 2023

Some of the key advantages that visibility solutions bring include: Less risk According to McKinsey, organizations that have implemented digital dashboards for their supply chain visibility needs were twice as likely to have avoided the supply chain issues that plagued the industry in the early months of 2022.

e2e 67

e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

Supply Chain Game Changer

AUGUST 3, 2021

For far too long Supply Chain has not got the respect that it deserves. There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

EazyStock

JUNE 16, 2022

Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. Advancing technologies, such as artificial intelligence and machine learning, make connectivity and supply chain visibility easier. What is artificial intelligence?

Supply chain management 52

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

Jaggaer

DECEMBER 5, 2024

Opportunities for Procurement Technology As we look toward 2025, European businesses are reshaping their supply chains to navigate an increasingly complex global landscape. A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority.

Supply Chain Efficiency 52

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

The Good Spending

JUNE 15, 2022

It presents industrial buying not as a single event but as an organizational decision-making process where multiple individuals decide on a purchase. New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 16, 2022

Direct purchase requests from employees are possible with varying levels of auto-approval. Automation of procurement processes, along with a seamless integration of the other systems such as ERP, WMS, and TMS, will ensure enhanced supply chain visibility. Cost Saving. Challenges of Procurement Automation.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Procurement Insights

DECEMBER 3, 2024

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

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

Supply Chain Game Changer

NOVEMBER 19, 2018

The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases. Supply Chain has a central and pivotal role, if not the controlling responsibility, for Cash Cycle management.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

Supply Chain Agility and Visibility. Limited visibility can increase the total cost to serve and the total cost of ownership, reduce supply chain performance and increase the loss of value in your supply chain. Purchasing Training Tidbits. Recommended Reading. SPSM vs. CPO Suite.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

SCMDOJO

JANUARY 30, 2023

During her tenure as a supply chain professional, Barra has been credited with implementing a new global purchasing and supply chain system, which helped GM reduce costs and improve its supply chain operations.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply chain 130

SCMDOJO

AUGUST 16, 2023

The CPFR program has been instrumental in enhancing overall supply chain visibility and efficiency, allowing Walmart to respond promptly to fluctuations in demand and supply, reducing stockouts, and optimizing inventory levels.

Supply Chain Efficiency 98

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

Arkestro

DECEMBER 12, 2022

It’s vital that supplies are predictable, so you can get the products and services you need. To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Supply Chain Game Changer

JULY 1, 2021

A PayPal study shows that 43% of shoppers will abandon their carts if hit with high shipping costs, while 84% won’t purchase from a brand again after a single negative delivery experience. Of course, a supply chain upgrade is a major investment that may require you to obtain a working capital loan from reliable lenders.

Supply Chain Efficiency 60

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Real-time Visibility 60

Supply Chain Game Changer

DECEMBER 2, 2020

Once you have the feedback, quickly assess your business processes to prioritize your actions to create a customer-centric Supply Chain. Bolstering your supply chain’s “connective tissue” enables visibility and foresight into the flow of information, physical goods, and associated financial transactions.

Supply Chain Efficiency 68

Supply Chain Efficiency Supply Chain Optimization Supply chain e2e 68

The Procuretech Podcast

JUNE 11, 2024

We explore Focal Point offers intake, project management and procurement performance; Lavenir AI offers ongoing, virtual negotiation training practice; Raindrop is a complete spend management suite built on modern technology; FRDM focuses on supply chain risk management; LUPR leverages Salesforce data for SRM.

supply chain software solutions 40

supply chain software solutions Procurement supply chain budgeting Supply Chain Visibility 40

Procurement Software

MARCH 7, 2023

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The P2P process deals predominantly with administrative purchasing tasks. What is the difference P2P and S2P?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Let's Talk Supply Chain

MARCH 12, 2023

As the only parcel TMS provider enabling end-to-end supply chain visibility, from shipping analytics and automation to customer delivery experience management, organizations are optimizing their shipping operations with Enveyo’s cloud-based suite of solutions. “I’m

e2e 52

e2e supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Una

APRIL 23, 2024

Why Do We Need Supply Chain Visibility? By harnessing the capabilities of machine learning algorithms, supply professionals can access unprecedented efficiencies, make smarter decisions, and stay ahead of the competition.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Una

OCTOBER 17, 2023

They can guide end-users through catalog searches, item selection, and purchase requisition submissions, improving the overall experience for employees. 24/7 Support Chatbots are available round the clock to assist users with their purchasing requests and inquiries. Learn more about why UX is important in procurement.

Procurement 52

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

Let's Talk Supply Chain

JULY 9, 2023

Operating in over 40 countries worldwide, SEKO lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information to deliver their growing customer base true supply chain visibility.

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52