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

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 92

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 92

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

IBM Supply Chain Blog

NOVEMBER 3, 2022

If you haven’t been thinking about these questions, the time to start is now. Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. But the supply chain doesn’t end when the product hits the market, and neither does supply chain sustainability.

Supply Chain Efficiency 107

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 107

Procurement Tactics

MAY 22, 2023

The goal of integrated logistics is to optimize the entire supply chain by minimizing costs, improving efficiency, and ensuring timely delivery of products to customers. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4. Advantages of Integrated Logistics 1.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

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

Procurement Tactics

MAY 16, 2023

In a 4PL model, the external provider (also known as the lead logistics provider or LLP) manages and coordinates all aspects of the supply chain , including transportation, warehousing, inventory management, and distribution. Sustainable Procurement Course Maintain profitability while moving toward sustainability 4.

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

Supply Chain Collaborator

JUNE 4, 2020

For good or for ill, truck drivers seem to always play an integral role during these challenging times, serving as a flash point for the consciousness of America. Perhaps due to this dedication to keep cargo moving in spite of any obstacles, there is a pattern of drivers being caught in the crossfire during times of civil distress/unrest.

Real-time Visibility 108

Real-time Visibility Logistics Sustainability Price 108

Procurement Tactics

JUNE 19, 2023

Artificial intelligence is being used to automate routine and time-consuming work in warehouses such as packing and sorting of goods which helps to improve efficiency, reduce errors and costs. It is also used to improve the accuracy of demand forecasting, inventory management , and transportation planning.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Supply Chain Game Changer

JULY 14, 2021

Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Sustainability is fundamentally centered around the act of conservation. Subscribe to Supply Chain Game Changer. Procurement is Committed.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. – Process efficiency with reduced cycle times and considerably decreased errors or fraud opportunities. – Results : 30% decrease of process time.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

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. Sustainability Concerns: Warehousing activities can have an environmental impact.

Real-time Visibility 89

Real-time Visibility Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 89

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

IBM Supply Chain Blog

JUNE 30, 2023

. ​ Automotive supply chain facts Up to 50 percent of unscheduled downtime is due to a lack of spare parts or stockouts ( The Importance of Inventory Optimization in MRO, July 2015 , Aberdeen Group) Generally, 99% of [semiconductor] manufacturing foundries have no visibility where the part is going. Why is this happening?

supply chain budgeting 62

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 62

SCMDOJO

AUGUST 16, 2023

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 90

Procurement Tactics

JULY 23, 2023

The main goal of last mile logistics is to ensure that goods or services ordered by customers are delivered efficiently and on time. This tracking system enables real-time updates on the shipment’s whereabouts and estimated delivery time.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

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

ivalua

AUGUST 16, 2022

Progress on sustainability is notoriously hard to measure for organizations, but the needle is moving in the right direction. The report explains that: “Scope 3 emissions reduction is a key challenge for companies, often due to a lack of visibility and monitoring of suppliers’ data. But time is of the essence for organizations.

Real-time Visibility 130

Real-time Visibility Sustainability Supply chain Suppliers 130

IBM Supply Chain Blog

APRIL 27, 2023

The impacts of data challenges are becoming visible to company stakeholders, with consumers making purchasing — and even employment — decisions based on a company’s progress toward their ESG goals. Those who have committed to closing the green gap have embraced sustainability-focused processes and are reaping the benefits.

Sustainability 79

Sustainability Real-time Visibility Data Strategy 79

IBM Supply Chain Blog

APRIL 21, 2023

Over the past few years, sustainability pledges have emerged from nearly every major company. A clearer picture for environmental sustainability No matter where organizations are on their sustainability journeys, they face questions like: “How do these goals tie to our business? How do we achieve them?”

Sustainability 78

Sustainability Innovation supply chain software solutions Real-time Visibility 78

Procurement Insights

JUNE 6, 2024

So, how much supply chain visibility is “too much visibility” in relation to what happens at some unseen point down the chain? ” When does your visibility and corresponding responsibility start, and at what point does it end?

e2e 65

e2e Supply Chain Visibility Real-time Visibility Supply chain 65

Procurement Tactics

JUNE 8, 2023

Sustainable Procurement Course Maintain profitability while moving toward sustainability 4. ChatGPT & AI in Procurement Course Unleash the power of ChatGPT & AI within procurement Periodic Inventory System: What is it? Incorporating a periodic system into a business requires not much time and effort.

Inventory 192

Inventory Real-time Visibility supply chain software solutions Quantity 192

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 Real-time Visibility Supply Chain Optimization 77

ivalua

JUNE 29, 2022

In recent years, sustainability has increasingly become a top priority for many organizations. With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

ivalua

MAY 30, 2022

Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . 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

Procurement Tactics

JULY 20, 2023

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

ivalua

FEBRUARY 25, 2021

A best-in-class solution may also offer inventory management features to enable you to auto-replenish orders, as well as workflows with client-defined business rules to enforce payment channel buying strategies. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

supply chain budgeting 221

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

Procurement Tactics

JUNE 8, 2023

Businesses use various methods of inventory management, each with its own advantages and disadvantages, depending on what they require. Inventory management is a way for companies to figure out what and how much they should order, and when to do it. Preventing stock-outs is another crucial aspect of inventory management.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

IBM Supply Chain Blog

FEBRUARY 28, 2024

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

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

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. Creating fuller visibility into supplier risks, Amrest has the power and intel to switch localizations or deliver from different warehouses, creating a stronger supply chain. .

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

Spend Matters

OCTOBER 31, 2024

Following months of debate based on extensive knowledge of the many procurement technologies they have demoed, analyzed and benchmarked, they arrive at a list of five young providers that they believe are innovative and exciting, have a rapidly rising presence in the market, can grow sustainably and which every CPO should have on their radar.

Real-time Visibility 105

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 105

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. However, maintenance inventory optimization is only part of the solution.

e2e 58

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 58

Let's Talk Supply Chain

FEBRUARY 26, 2024

With a real-time connected network of 12 million drivers, OneRail matches the right vehicle for the right delivery so brands lower expenses and increase capacity to rapidly scale their businesses. Without that visibility, how are you able to mitigate risk, plan, make sure that you’re delivering to your customer promises?”

Real-time Visibility 59

Real-time Visibility supply chain software solutions Supply Chain Optimization supply chain budgeting 59

IBM Supply Chain Blog

NOVEMBER 8, 2023

For the first time, the rule establishes additional recordkeeping requirements for any US-based entity that manufactures, processes, packs or holds foods on the Food Traceability List. With greater tracking and traceability, for example, comes real-time demand insight.

Supply Chain Efficiency 106

Supply Chain Efficiency supply chain budgeting Real-time Visibility e2e 106

ivalua

APRIL 27, 2023

CTA April 28, 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? Those are three hot topics in the enterprise today. To do so, we need to get creative and curious.”

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

Supply Chain Game Changer

JULY 27, 2021

For that reason we wonder whether the resilient Supply Chain is a passing fad or a sustainable strategy? Stuff happens, and it happens all the time. Why do we face this uncertainty and lack of sustainable resolve to establish resilient Supply Chains? On top of that building a resilient Supply Chain does recover real investment.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119