Spend Matters

NOVEMBER 19, 2024

To round off that perspective, we’d like to engage the thoughts of the solution providers themselves, particularly in terms of how they believe their customers perceive risk and what they want from today’s solutions. Visit our In-Depth Guide to Risk Management for an explanation of this complex environment.

Risk management 102

Risk management Risk Management Real-time Visibility 102

ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Tactics

JANUARY 23, 2023

By collecting data on routes, stock levels, drivers’ availability, vehicle tracking, and other pertinent information, a transport management system accurately forecasts expected delivery times while efficiently scheduling drivers accordingly.

Real-time Visibility 202

Real-time Visibility Management Supply Chain Efficiency supply chain budgeting 202

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

Supply Chain Game Changer

SEPTEMBER 5, 2022

Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust.

Supply Chain Visibility 95

Supply Chain Visibility Real-time Visibility Supply Chain Efficiency supply chain budgeting 95

Supply Chain Game Changer

OCTOBER 5, 2022

The Control Tower – Is Yours Real or Smoke and Mirrors? In my last article, I spoke about the hesitancy standing in the way of multi-tier visibility. But once you have that visibility the journey has only just begun. Then and Now: The notion of visibility and “control”. Subscribe Here! Email Address.

Real-time Visibility 88

Real-time Visibility Supply Chain Optimization Supply chain Networking 88

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Risk & Performance Management. There are many supply chain management lessons to learn from the Covid-19 crisis.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Una

AUGUST 17, 2022

A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

Spend Matters

DECEMBER 18, 2024

Supply disruptions and market dynamics impacted many companies because they had limited visibility into their supply chains, no structured risk management programs and inadequate mechanisms to monitor markets. This content is for members only. Visit the site and log in/register to read.

Risk 103

Risk Real-time Visibility Category management Procurement 103

Supply Chain Brain

FEBRUARY 21, 2024

Future-proofing supply chains to manage risk, boost real-time visibility, enhance sustainability, deploy AI effectively, and promote end-to-end collaboration is critical. The global economy is slowly recovering, but volatility remains a constant. Tick-tock…

e2e 115

e2e Real-time Visibility Supply chain Supply 115

SCMDOJO

AUGUST 28, 2024

Inventory management was rudimentary, often relying on manual processes and paper-based systems. This approach limited visibility and control over stock, leading to inefficiencies and potential stockouts. The Shift Towards Efficiency: Streamlining Operations As supply chains grew more complex, the need for optimization emerged.

Real-time Visibility 98

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 98

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address.

Risk management 96

Risk management supply chain software solutions Risk Management 96

ivalua

JUNE 29, 2020

I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Across this supply chain there is typically a lack of visibility due to siloed information and data.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

Spend Matters

JUNE 20, 2023

This content does not express the views or opinions of Spend Matters In our previous installment on Spend Matters, we discussed the rapid evolution of Supply Chain Risk Management happening within procurement organizations. But what is procurement’s role in managing something as technologically complex as cyber risk across the supply chain?

Risk 94

Risk supply chain software solutions Risk management Real-time Visibility 94

Supply Chain Brain

SEPTEMBER 30, 2024

TADA’s whitepaper on The Future of Digital Supply Chain Twins explores how digital twin technology can transform your supply chain by delivering real-time visibility, risk mitigation, and automation. In today’s volatile supply chain landscape, resilience and adaptability are crucial.

Supply chain 102

Supply chain Real-time Visibility Supply Risk 102

IBM Supply Chain Blog

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk management 76

Risk management Risk Real-time Visibility Management 76

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. To potential buyers — Everstream Analytics is able to monitor and map n-tier suppliers, providing an in-depth look into its customers' risk.

Risk management 93

Risk management Supply Chain Optimization Risk Supply chain 93

IBM Supply Chain Blog

SEPTEMBER 13, 2023

The role of attack surface management in data breach containment Despite employing an arsenal of cybersecurity measures to protect sensitive data, many organizations find themselves in a relentless race against time, as they strive to bridge the gap between the moment a data breach occurs and when it is effectively contained.

Data 93

Data Risk Real-time Visibility Management 93

Procurement Tactics

MAY 31, 2023

Inventory control helps to avoid the various costs associated with purchasing excessive inventory and the strains of operating without sufficient inventory. If a company can lower inventory, it may discover new funds available for expansion or profits. Thus, learning how to control warehouse inventory is essential.

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

Finale Inventory

FEBRUARY 19, 2024

For customers, inadequate customer support leads can lead to delays, extending the time for processing and refunds. Businesses confront re-stocking, handling damaged goods, adjusting inventory inaccuracies, and navigating the risk of overselling during high-demand periods. But how do you get to why a customer initiated a return?

Inventory 105

Inventory Real-time Visibility Management Quality 105

ivalua

OCTOBER 22, 2020

This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices. In Gartner’s Magic Quadrant, they forecast the Procure-to-Pay software market to dip slightly this year, as companies focus on solutions with faster time to value.

supply chain software solutions 147

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 147

ivalua

FEBRUARY 25, 2021

What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? Best-in-class solutions do a better job of capturing usage data for healthcare products at the time of patient use. Point-of-use data capture. The post ERP vs.

supply chain budgeting 221

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

ivalua

MAY 30, 2022

To stay ahead of all of these risk factors and changing demands, organizations need to discard their linear supply chain models and embrace an autonomous, end-to-end connected ecosystem. The financial benefits include greater profitability, reduced costs, accelerated time-to-market, and faster time-to-delivery. .

Supply Chain Efficiency 130

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

ivalua

JUNE 11, 2019

For the longest time, leading Procurement technology providers in my experience just ignored this space. The goal being to build in best practices that we’ve seen across our Public Sector customers, so that they are able to deploy and get up and running faster, thereby drastically reducing time-to-value.

Procurement 169

Procurement e2e Real-time Visibility Competitive bidding 169

Spend Matters

APRIL 4, 2024

Compliance and risk management is a growing and interesting use case of GenAI for procurement, finance and, of course, legal operations. Its uptake is only going to grow as organizations begin to rely on its power to tackle big business issues, such as third-party risk management (TPRM). 20 years ago, risk management was way simpler.

Real-time Visibility 99

Real-time Visibility Management e2e Risk management 99

Procurement Heads

OCTOBER 12, 2022

I want a team that understands the different approaches to saving money – tendering, negotiating, value engineering – and to be able to use their judgement and experience to choose the right approach at the right time. Building the team and having greater visibility internally.

Chief Procurement Officer 246

Chief Procurement Officer Real-time Visibility Procurement team Procurement 246

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

Supply Chain Optimization 98

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

ivalua

JULY 16, 2020

The results show businesses face several hurdles when implementing sustainability initiatives, with 93% claiming it is challenging to gain visibility into suppliers to track the environmental impact of their supply chain. Lack of visibility slowing plans to tackle environmental concerns.

Sustainability 130

Sustainability Real-time Visibility supply chain budgeting Supply chain 130

ivalua

JUNE 10, 2021

With real-time pricing and inventory information to ensure that the items selected are available. With this seamless access, businesses can have better control and visibility into tail spend. All without leaving Ivalua.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Spend management 130

Procurement Tactics

OCTOBER 16, 2022

The system gives the user accuracy, visibility, and control over whether the project can be profitable or not. Visibility of the workflow. Before the creation of ERP systems, the coordination of the involved parties in the project is time-consuming and takes a lot of effort. . Data security and risk management.

Real-time Visibility 130

Real-time Visibility Budget Inventory control Data 130

Spend Matters

NOVEMBER 7, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. Despite the startup’s relatively modern infrastructure, tech-savviness and streamlined vendor base, I observed that third-party risk challenges persisted. What are Halo Ai’s greatest strengths?

Supply Chain Efficiency 106

Supply Chain Efficiency Risk management Real-time Visibility Ethics 106

ivalua

JUNE 10, 2021

With real-time pricing and inventory information to ensure that the items selected are available. With this seamless access, businesses can have better control and visibility into tail spend. All without leaving Ivalua.

Collaboration 130

Collaboration Real-time Visibility Eprocurement Spend management 130

IBM Supply Chain Blog

JUNE 30, 2023

3 steps to building healthcare supply chain resiliency Step 1: Improve visibility and proactivity Hospital systems work with multiple fragmented teams, technologies and processes to manage daily operations, leading to a pervasive lack of data visibility. Doing so streamlines purchasing power and optimizes inventory management.

Supply Chain Efficiency 77

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

ivalua

JUNE 29, 2021

Furthermore, the Covid-19 crisis has led to the realization that paying suppliers on time, no matter where they are, is critical to maintaining a strong and reliable supply chain and a preferred customer status. In a recent study of european suppliers, 65% felt that late payments are putting their company at financial risk.

Supply Chain Efficiency 130

Supply Chain Efficiency Suppliers Sourcing Real-time Visibility 130

Spend Matters

JANUARY 14, 2025

Approval lead time is another important metric. This aligns closely with the need for real-time visibility and analytics capabilities so that they can integrate procurement data with their other financial systems to enable data-driven decision making. Many thanks to Tipalti for sharing this insight with us.

Real-time Visibility 113

Real-time Visibility Procurement Budget Procurement team 113

Procurement Leaders

JUNE 10, 2024

Just 1% of respondents to a poll Procurement Leaders conducted at the World Procurement Congress said they have “excellent” multi-tier visibility of the supply base. In real terms, this translates to three of those who responded to our poll claiming they had “cracked the code” of supply chain transparency. This is surprising.

e2e 100

e2e Real-time Visibility Supply Chain Efficiency Raw materials 100