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Quality Sourcing Supply Chain Visibility 
SCMDOJO
MAY 7, 2024
Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.
Supply Chain Opz
OCTOBER 14, 2013
In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility. The answer is NO.
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Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
Spend Matters
OCTOBER 31, 2024
Primarily, our customers are prioritising supply chain visibility, adopting proactive risk management strategies and staying compliant with evolving regulations. A unified platform providing a single source of truth enables better collaboration, regular oversight and audit readiness.
109 
ivalua
OCTOBER 18, 2022
In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible.
Skill Dynamics
JANUARY 7, 2025
The Role of Supply Chain Resilience in Operational Success A truly resilient supply chain is deeply interconnected with other business faculties, such as procurement and logistics, which are essential for consistent sourcing and delivery of goods.
Supply Chain Opz
OCTOBER 14, 2013
In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility. The answer is NO.
Jaggaer
OCTOBER 24, 2024
Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. 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.
Procurement Tactics
JUNE 5, 2023
First Name Email Download 51 Prompts → Or receive our famous weekly newsletter Global Supply Chain — Everything About Supply Chain Global supply chain has become a popular way for businesses to source unique materials and products from other countries as they are unavailable domestically.
ivalua
FEBRUARY 24, 2021
“The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. For many organizations risk has become not only an executive committee issue, but a board-level discussion,” he said.
ivalua
JANUARY 31, 2022
How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? Organizations must shift focus toward strengthening their procurement processes and procedures to gain 100% supply chain visibility. Digital Transformation is the Top CPO Priority. More on that here.
130 
Spend Matters
JANUARY 17, 2024
From planning a product, design and simulation, to optimizing a specific process across the supply chain, customer expectations for AI integration continue to evolve as new applications for supply chain automation are discovered.
ivalua
NOVEMBER 25, 2020
According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. .
ivalua
JANUARY 24, 2022
Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation. We’ve always been focused on ensuring that we have high-quality data that’s accessible and secure. Then look at generating quality data in the source-to-pay process.
130 
Procurement Software
MARCH 7, 2023
Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?
64 
Supply Chain Game Changer
OCTOBER 28, 2021
Lieferkettengesetz, and others) encouraging large/enterprise businesses to take responsibility for the entirety of their global supplier networks, increase tier-n compliance and combat poor supply chain visibility. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Data quality is pivotal.
Procurement Software
DECEMBER 5, 2022
Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes that manage how goods and services in your business are requested, sourced, received and paid. What steps are involved in Source-to-Pay?
52 
SCMDOJO
APRIL 29, 2024
Sign Up for SCMDOJO Pro Membership Importance of Effective Supply Chain Management Supply chain management is not just about moving products from point A to point B – it’s a strategic approach that encompasses the entire network of processes involved in delivering goods and services to customers.
Supply Chain Game Changer
SEPTEMBER 17, 2020
Supply Chain Systems article and permission to publish here provided by Dave Joseph at veridian.info. As evidenced by the most recent peak shipping season , the need for effective, high-quality logistics and warehouse management has never been higher. E-commerce will continue to grow significantly through 2020 and beyond.
Una
OCTOBER 17, 2023
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Frank Kenney. 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.
SCMDOJO
JUNE 14, 2023
Increased scalability: With 3PL integration, businesses can scale their operations quickly without sacrificing quality or customer service. It also helps Nike to improve its supply chain visibility and agility and reduce its environmental impact. Select the right 3PL provider.
World of Procurement blog
APRIL 23, 2024
Key Areas in Construction Procurement: Materials Procurement: Ensuring quality and timely delivery of construction materials. Equipment Procurement: Sourcing the right tools and machinery for construction tasks. Quality Assurance: Implementing control measures to ensure procured items meet the project’s quality criteria.
World of Procurement blog
APRIL 23, 2024
Key Areas in Construction Procurement: Materials Procurement: Ensuring quality and timely delivery of construction materials. Equipment Procurement: Sourcing the right tools and machinery for construction tasks. Quality Assurance: Implementing control measures to ensure procured items meet the project’s quality criteria.
Supply Chain Game Changer
NOVEMBER 16, 2022
It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. It helps establish a KPI framework on cost, quality, and on-time performance of the suppliers. stated that cost reduction is a close second. Real-time data and analytics.
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. After all, one small mistake may have a ripple effect that impacts your entire chain, operations, and cash flow.
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.
Claritum
APRIL 25, 2018
However, it is important for companies to manage the process of sourcing promotional goods effectively. This can result in the products being purchased across the company having an inconsistent quality, which can be damaging to the companies brand. Source: PPAI Sales Volume Study Summary. Sourcing off catalogue.
32 
SCMDOJO
JUNE 17, 2024
Building Resilience in the Supply Chain Risk Assessment and Mitigation To build resilience, start with comprehensive risk assessments to identify potential vulnerabilities. Develop contingency plans to address these risks, and diversify your supplier network to reduce dependency on any single source.
Claritum
FEBRUARY 4, 2020
Bespoke requirements - key sourcing issues. Sourcing Bespoke requirements the right way. Sourcing of bespoke requirements needs to be managed effectively within an Organisation. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.
47 
Supply Chain Game Changer
NOVEMBER 6, 2018
Video Source: [link]. Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. And problems in harvesting, quality standards, storage, shipping costs, and handling all create food waste. Table Source: [link]. ” Source: [link].
Jaggaer
OCTOBER 3, 2024
It starts with spend analysis to provide a detailed cost breakdown, providing the information for competitive tendering via auctions using our Sourcing and Advanced Sourcing Optimizer modules, and aggregating spend where it makes sense for better leverage in negotiations. Improving quality is a further lever you have.
The Good Spending
JUNE 15, 2022
The decision-making may involve plans to modify the product specifications, prices, terms, or vendors to enhance the product quality or reduce cost. So, there's no limitation to the competitive sourcing process. T hese routine activities leverage integrated automated systems, enabling supply chain visibility.
Procurement Insights
OCTOBER 8, 2024
Here are the top 3 concerns likely to dominate the agenda for CPOs in 2025: Supply Chain Resilience and Risk Management Sustainability and ESG Compliance Supply Chain Visibility Conclusion: CPOs in 2025 will need to navigate a complex, fast-changing landscape shaped by technology, sustainability, and global uncertainty.
Una
JUNE 5, 2024
Key elements include diversified sourcing, real-time visibility, strategic inventory management, and the ability to quickly respond to disruptions. 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?
Solvoyo
MARCH 5, 2021
Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . This includes internal and external data sources.
Procurify
JUNE 8, 2022
When you conduct an audit, focus on things like each supplier’s performance data, product and process management, how the company operates, the structure of their quality management system (QMS), and personal interactions with other staff. . Naturally, the larger the supply base, the more difficult and expensive it is to maintain it. .
Supply Chain Game Changer
NOVEMBER 22, 2018
There should be quality checks done at certain points of the supply chain to ensure that the product is exactly where it needs to be before moving on to the next step. It’s incredibly important to trust the data that informs your supply chain, or rather, to be certain that you have data you can trust. Don’t Rush.
43 
Procurement Software
JUNE 4, 2024
This goes way beyond traditional source-to-pay and e-auction platforms. The company specialises in AI-powered solutions aimed at improving the quality of material master data. The platform has revolutionised the way businesses source high-quality parts directly from thoroughly vetted manufacturers.
Arkestro
OCTOBER 29, 2023
After all, more data sources doesn’t necessarily mean better or cleaner data to strategize from. Diversifying suppliers, implementing supply chain visibility tools, and monitoring supplier performance are all crucial for banishing any lingering fears about supply chain’s effect on the procurement process.
52 Claritum
FEBRUARY 4, 2020
Sourcing of bespoke requirements needs to be managed effectively within an Organisation. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality. Inefficiently sourcing bespoke goods and services can waste a lot of time and energy.
32 
EazyStock
JANUARY 6, 2023
If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. The algorithms used by AI provide better quality data and analysis of supply chains to enable better-informed decisions.
EazyStock
JANUARY 6, 2023
If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. Increased supply chain visibility. ABC/XYZ analysis can help identify the most valuable items to your business.
Una
APRIL 23, 2024
Why Do We Need Supply Chain Visibility? It can analyze factors including supplier performance, quality, pricing, delivery reliability, and even financial stability, to help you make informed decisions. Then there’s the resource-intensive task of supplier monitoring.
EazyStock
MARCH 17, 2021
The other effect that holidays have on the supply chain, however, lies at the other end: manufacturing. Especially for companies sourcing goods from China, Chinese (or Lunar) New Year marks a 2-week (and often longer) holiday for Chinese manufacturers. In this case, supply completely drops off as manufacturers are closed.
SupplyShift
APRIL 13, 2021
According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one. Fortunately, when companies prioritize supply chain visibility, the benefits extend far beyond sustainability itself.
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