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Real-time Visibility Risk supply chain budgeting 
ivalua
FEBRUARY 25, 2021
ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. The verdict?
Procurement Tactics
MARCH 27, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?
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SCMDOJO
MAY 7, 2024
Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. However, they are also susceptible to disruptions and risks. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world.
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.
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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.
ivalua
MAY 30, 2022
As the demands on supply chains continue to increase, so do the expectations of consumers. Supply chains are particularly affected by these changes, as well as other external influences that threaten to disrupt their daily operations, such as: extreme weather conditions, supply shortages, global health issues, and economic crises.
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. Each of these experiences damages the customer relationship.
Supply Chain Game Changer
SEPTEMBER 5, 2022
Subscribe to Supply Chain Game Changer. 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.
Planergy
SEPTEMBER 5, 2023
How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Why is Business Budgeting Important?
SCMDOJO
MAY 6, 2022
Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms? Benefits of No-code Platforms.
SCMDOJO
APRIL 4, 2023
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.
SCMDOJO
APRIL 29, 2024
Are you interested in understanding how businesses effectively manage their supply chains? Look no further – this guide is here to help you grasp the fundamentals of supply chain management (SCM) and how it can lead to success. It encompasses activities such as procurement, supplier selection, and evaluation.
SCMDOJO
JUNE 14, 2023
As a business owner, you always seek ways to increase efficiency and decrease costs. As supply chain professionals, we must understand the role of Effectiveness & Efficiency in Supply Chain Optimization But while you may have already implemented changes, you feel like there’s still something missing to decrease your cost.
IBM Supply Chain Blog
JUNE 30, 2023
In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.
SCMDOJO
MARCH 28, 2023
Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.
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.
SCMDOJO
AUGUST 28, 2024
The evolution of warehousing has been a fascinating journey, mirroring the broader transformation of supply chains. Warehousing has undergone a dramatic transformation, evolving from a simple storage function to a critical strategic asset within the modern supply chain.
Supply Chain Game Changer
NOVEMBER 2, 2022
Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. You also have to make sure they get to their intended destination on time, in good condition, and ready to be sold.
SCMDOJO
MAY 2, 2024
The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!
IBM Supply Chain Blog
FEBRUARY 13, 2024
What’s needed is a solution that not only safeguards the performance of your mission-critical applications, but also goes above and beyond through reduced cost, time efficiency and monetary savings. This aspect is crucial for app performance optimization, as it provides real-time insights through high-fidelity data.
ivalua
JULY 16, 2020
According to the study, almost all (95%) UK businesses have plans in place to address environmental concerns in the supply chain over the next 12 months; however, given the impact of COVID-19 on business operations and budgets, many of these could be impacted. Lack of visibility slowing plans to tackle environmental concerns.
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Supply Chain Game Changer
MAY 23, 2022
Subscribe to Supply Chain Game Changer. Why is Supply Chain Management Important? A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. We will now look more into the benefits of KM in supply chain management.
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. Tips to Control Your Inventory 1.
Una
OCTOBER 17, 2023
EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.
Let's Talk Supply Chain
JUNE 25, 2023
Their global team of nearly 2,000 people is united in a mission to create breakthrough products that enable and empower those that own and operate the supply chains of the world. All of our large customers have had significant productivity, efficiency and risk mitigations because of CargoWise.”
IBM Supply Chain Blog
JUNE 30, 2023
Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supply chain would be detrimental to the industry. 3 tips for accelerating the path to a more resilient and sustainable automotive supply chain 1.
Procurement Tactics
JUNE 6, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. What is Inventory Forecasting?
170 
Supply Chain Game Changer
OCTOBER 14, 2022
Subscribe to Supply Chain Game Changer. The Supply Chain Renaissance Has Begun! The Supply Chain is the unseen driving force behind any business. As such, for business success you must improve Supply Chain. Inventories are also crucial. Subscribe Here! Email Address. Seamless flow.
NLPA (Next Level Purchasing Association)
MAY 8, 2023
Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million in 2015.
IBM Supply Chain Blog
JUNE 30, 2023
For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. Visibility into other key inventory (e.g.,
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Supply Chain Game Changer
JANUARY 7, 2021
Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! Digital Supply Chain strategies article and permission to publish here provided by Alejandro Carrera. Effective digital supply chain strategies can help organizations stand out from the crowd. Subscribe Here!
ivalua
SEPTEMBER 2, 2020
The solutions span the full source-to-pay process and enable customers to make margin gains by streamlining procurement tasks, automating cost reconciliation, and managing multi-tier supplier risk. By leveraging the pre-packaged solution customers gain: Complete visibility of the whole supply chain minimising subcontractor risk.
Supply Chain Game Changer
NOVEMBER 7, 2022
Subscribe to Supply Chain Game Changer. Supply chain breakdown is a serious problem that can lead to significant losses for any business. If this obstacle often happens within your organization, you might generate higher costs and develop lower-quality products that might affect your customers’ expectations.
SCMDOJO
MAY 2, 2024
The COVID-19 pandemic, along with disruptions such as Brexit, trade wars, and geopolitical tensions, has highlighted the need for business leaders to take a closer look at their supply chains to strike a balance between resilience and efficiency. Enroll in the Full Course offered by our expert Vera Rozanova on Supply Chain Resilience!
ivalua
FEBRUARY 27, 2023
How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain!
FourKites
DECEMBER 23, 2020
Calculating the productivity and efficiency of any operation is, at its most basic, determining the ratio of cost inputs to revenue generated. Supply chain productivity is no different. Cost control measures in supply chain efficiency should address three major areas: labor, inventory and transportation.
Procurement Templates
JUNE 18, 2023
ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. This ensures compliance and minimizes the risk of unexpected price increases.
130 
Skill Dynamics
JANUARY 7, 2025
Global markets are facing significant uncertainty and negativity, with instability and continued risk expected to impact businesses for the next decade, according to the World Economic Forum. Companies often struggle to plan for such challenges, which is why developing a strong and resilient supply chain team is so important.
IBM Supply Chain Blog
FEBRUARY 13, 2024
In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.
SCMDOJO
JUNE 6, 2023
For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision.
Supply Chain Game Changer
NOVEMBER 26, 2018
Check out Control Towers – Is Yours Real or Just Smoke and Mirrors? The concept of the “control tower” is increasingly becoming widespread in Supply Chain Management, and Control Tower technologies are a popular topic right within the supply chain community. Challenges & Capabilities.
Let's Talk Supply Chain
DECEMBER 4, 2023
Today I’m joined by SDI , a digital supply chain brand whose people, processes, and technology have enabled the world’s most efficient supply chains for over 50 years. 06.40] A closer look at current supply chain challenges, and what SDI are seeing with their clients.
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.
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Procurement Tactics
JUNE 8, 2023
However, the example above demonstrates how robots and humans can work together to handle repetitive tasks, minimizing fatigue and the risk of injuries. Reduction in processing time Warehouse automation makes processes faster and reduces the time spent on handling tasks. Types of Warehouse Automation 1.
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