Remove Real-time Visibility Remove Suppliers Remove White paper
article thumbnail

How to bring visibility and reliability to enterprise data

The Network Effect

Am I able to allocate supply in real time across my entire network to maximize revenues?”. Are we able to reduce our freight costs and maintain on time deliveries?”. “Do Do we have any opportunities to reduce inventories while simultaneously improving customer service levels?”.

article thumbnail

NFTs & Supply Chain: What Are The Applications?

SCMDOJO

Companies like H&M, Gucci, and Versace weren’t even aware that the Rana Plaza factory was their supplier. At such a time, NFTs will prove their worth. For perishable products, it is vital to know the distribution nodes for calculating shelf life and the time window for selling the perishables.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. Whether it’s due to natural disasters, supplier bankruptcy, or transportation delays, disruptions can cause significant challenges for businesses.

article thumbnail

Collaboration in a shelf-connected supply network

The Network Effect

Network participants collaborate and plan in real time, eliminating latency related to both information flows as well as order lead times. If you’re impatient, I suggest you download the new white paper: Is your supply network really shelf-connected ?

article thumbnail

Who Did “AI Pick” As The Best Solution Provider For LCBO?

Procurement Insights

Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supply chain visibility, risk management, and flexibility in sourcing and logistics. Comprehensive Supplier Network 2. Supply Chain Visibility and Risk Management 3. Here’s why: 1.

article thumbnail

Leverage the Power of Spend Analysis

NLPA (Next Level Purchasing Association)

By examining past purchases, spend analysis helps identify high spending areas, categorize suppliers, and uncover hidden costs. This data can then be used to negotiate better deals with suppliers, consolidate purchases, and streamline procurement processes.

article thumbnail

Visibility and Control is the key to Complex Spend Management

Claritum

Gaining Visibility and Control. Decentralised), the products having unique/custom requirements, and/or sensitive time-lines and quality standards that cannot be compromised. 3 Gaining Visibility and Control. How does an organisation gain visibility and control over a complex spend category? Introduction. Technology Hype.