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Sourcing Suppliers Supply Chain Visibility 
ivalua
DECEMBER 16, 2015
For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. One area that manufacturers need to focus on is improving supply chain visibility. Visibility all the way up the supply chain.
Spend Matters
NOVEMBER 19, 2024
For example, if a supplier fails, there should have been leading indicators of their impending failure. Overall, customers want tech that integrates diverse data sources, speeds up risk analysis and offers clear guidance on potential mitigation steps. Finally, customers are worried about the lack of visibility into sub-tier suppliers.
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Future-Proofing Enterprise Commerce: Why Extensibility Wins with Shopify
Staying Ahead of UFLPA Enforcement: Best Practices for Retail Supply Chains
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 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.
ivalua
JULY 22, 2015
In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. alternatives.
Supply Chain Game Changer
APRIL 7, 2020
Subscribe to Supply Chain Game Changer. The Toilet Paper Supply Chain! In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important! Supply Chain visibility and the Digital Supply Chain has never been more important!
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.
Jaggaer
OCTOBER 24, 2024
Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.
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
FEBRUARY 8, 2023
As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Work to achieve 100% supply chain visibility. Why is visibility so important? Create speed and transparency.
Jaggaer
FEBRUARY 28, 2025
Generating More Value: The Relentless Pursuit of Spend Cost Reduction For the second year running, reducing supplier spend remains a top priority for procurement organizations in this years Hackett Group Report. Solutions: Strategic Sourcing: Move beyond transactional purchasing and embrace strategic sourcing.
Spend Matters
SEPTEMBER 1, 2022
Over the coming weeks, our risk series will cover vendors within the following risk categories: Financial Risk & Supplier Risk. Supply Chain Risk. Supplier Management Non-Suites. Supplier Management Suites. Contract Risk Management. Compliance/CSR Risk. Fraud Prevention & Services Procurement Risk.
97 
ivalua
FEBRUARY 25, 2021
They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. What is the benefit of using a single source to pay solution? Providing an Amazon-like experience increases user adoption.
ivalua
JANUARY 13, 2016
But one critical area remains in need of significant attention … the need for better supplier collaboration AND internal teamwork. Early collaboration among engineering, sourcing, and suppliers brings better ideas to the table in terms of product design, features, and costs. Suppliers are always looking to hide sources of cost.
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Let's Talk Supply Chain
MARCH 2, 2025
This resolution brings relief to suppliers and stakeholders who were facing disruptions in their operations due to the strike. With the return to normalcy, here are some key supply chain implications to consider: Production Ramp-Up: Boeing can now accelerate production to make up for lost time during the strike period.
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. By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come.
SCMDOJO
FEBRUARY 16, 2025
The Role of Agentic AI in Supply Chains Supply chains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Agentic AI takes this a step further by enabling autonomous supply chain systems.
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.
Una
FEBRUARY 19, 2024
Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. But why does achieving comprehensive visibility remain a pressing challenge for so many businesses?
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.
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. The post 10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021 appeared first on Ivalua.
Procurement Insights
DECEMBER 3, 2024
STAKEHOLDER (AGENT) 3 What are the main concerns for suppliers meeting ESG specifications? Suppliers face several obstacles in meeting ESG (Environmental, Social, and Governance) specifications, stemming from resource limitations, regulatory complexities, and operational challenges.
ivalua
JANUARY 31, 2022
The Criticality of the Supply Chain (and Suppliers). Building and maintaining supply chain resilience will be critical in a post-Covid-19 world. How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? More on that here. The Best Way Forward for 2022.
130 
Let's Talk Supply Chain
FEBRUARY 25, 2025
Strategic reconsideration of supply chain routes and partners. Risk Assessment and Contingency Planning: Conduct thorough risk assessments to identify potential financial risks and develop contingency plans to address any disruptions in the supply chain.
ivalua
JUNE 1, 2022
Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Focus on digital transformation and adopt procurement technology.
ivalua
MARCH 16, 2021
Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Focus on digital transformation and adopt procurement technology.
ivalua
JANUARY 24, 2022
Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders. Timeliness is also important.
130 
ivalua
JUNE 16, 2021
Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Enter eProcurement.
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 
Spend Matters
SEPTEMBER 26, 2023
Forty years ago, the Harvard Business review published Peter Kraljic’s article ‘ Purchasing Must Become Supply Management ,’ which debuted the supplier segmenting method that we now know as the Kraljic matrix. For this, you really need supply management. You can check to see if the supplier uses forced labor,” Bertrand says.
110 
Procurement Tactics
AUGUST 23, 2022
Contract management, also known as contract lifecycle management, in the field of procurement refers to the handling of end-to-end contracting with the suppliers and other third parties of an organization. . Enhancing strategic sourcing through data analysis. Improving supplier relationship management through data transparency. .
Let's Talk Supply Chain
AUGUST 12, 2024
Today Evan Smith, Co-Founder and CEO at Altana, joins me to talk all about Altana and what they do; their mission to fix globalization and improve global commerce for everyone; the role of AI in making data accessible and actionable; and how Altana are delivering more than twice the supply chain visibility of any other provider.
Procurement Software
JANUARY 26, 2025
Or, maybe youre suffering from Cinderella complex: not bold enough to demand an upgrade to the outdated, clunky, legacy Source-to-Pay suite interfaces that suppliers and stakeholders havent really adopted. But then you blow this by futzing around trying to be a cheapskate and running procurement ops in ERP.
ivalua
NOVEMBER 25, 2020
Procurement’s value became evident, as did the importance of the supplier relationships they had built. 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. It’s critical to be vigilant.
Procurement Software
MAY 9, 2022
Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. All the while, Procurement and Sourcing teams have been left to fend for themselves, and forge their own way forward, with homegrown solutions. This is a sponsored post by Kodiak Hub.
Procurement Software
MAY 9, 2022
Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. All the while, Procurement and Sourcing teams have been left to fend for themselves, and forge their own way forward, with homegrown solutions. This is a sponsored post by Kodiak Hub.
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 
Zycus Cognitive Procurement
FEBRUARY 14, 2022
One such thing is your suppliers and their ability to provide as and when needed. You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The first step to building a resilient supply chain is strengthening your relationships with suppliers. Why now, you may ask.
52 
SCMDOJO
JANUARY 30, 2023
Additionally, she was key in implementing lean manufacturing principles and practices, leading initiatives to improve sustainability and building strong relationships with suppliers.
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.
SCMDOJO
JUNE 17, 2024
Supplier Reliability and Risk: Dependence on a limited pool of suppliers raises the risk of issues with them, such as erratic cash flow, changing laws, or natural disasters. The existing supply constraints in the industry make it evident that supplier diversification is required to reduce these risks.
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.
Supply Chain Game Changer
SEPTEMBER 17, 2020
The warehouse management system (WMS) is the most recognizable and diverse of the e-commerce supply chains’ system lineup. The WMS connects to supplier systems and reseller POS platforms. Integrated e-commerce shopping cart systems are another critical component of modern, omnichannel supply chain management.
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