Procurement Insights

NOVEMBER 18, 2024

Choosing the best source for procurement and supply chain information and practical guidance depends on your organization’s needs, the type of advice you seek, and the stage of your procurement transformation. Transparent and detailed solution evaluations, especially for comparing software providers.

Supply Chain Efficiency 40

Supply Chain Efficiency supply chain budgeting supply chain software solutions Ethics 40

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

IBM Supply Chain Blog

MAY 24, 2024

The exchange of securities between parties is a critical aspect of the financial industry that demands high levels of security and efficiency. With IBM MQ, parties can make sure that transactions are executed accurately and efficiently. This is critical in the financial industry, where security is paramount.

Demand 87

Demand Risk Import Data 87

Spend Matters

OCTOBER 31, 2024

Unlike many ProcureTech companies, True ValueHub was founded and is run by procurement and supply chain industry practitioners. The solution is self-learning and calibrates to the customer’s supply chain needs.” We asked True ValueHub’s CFO and COO Sophia Banar: How did True ValueHub come into being?

Real-time Visibility 109

Real-time Visibility Supply Chain Efficiency Buyers Supply Chain Optimization 109

Zycus Cognitive Procurement

MAY 31, 2022

Broken supply chains, unavailability of heavy goods vehicle (HGV) drivers and production stoppages had a negative impact. It made several manufacturers realize the need to focus on Risk Mitigation strategies to re-imagine their supply chains. Supply Chain Risk Assessment – Ground Reality.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Risk Supply chain 52

NLPA (Next Level Purchasing Association)

JULY 11, 2022

Supply chain management is critical to achieving several business objectives. Read about how a British supercar manufacturer took control of its supply chain management and became more efficient and profitable. This bottleneck caused issues up and down the supply chain. The Solution.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Quality 52

Let's Talk Supply Chain

SEPTEMBER 23, 2024

 Today I’m joined by innovative software brand, Relish. With an understanding of enterprise software gaps and challenges, Relish is obsessed with building a scalable solution to remedy them, to simplify the complex and bridge those gaps. Speed and efficiency are the name of the game.”

Data 52

Data Risk Suppliers supply chain software solutions 52

SCMDOJO

APRIL 26, 2023

Category Management Software What is Category Management in Procurement? It involves segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Use appropriate technology to manage the categories.

Category management 108

Category management Management Supplier relationship management supply chain software solutions 108

ivalua

OCTOBER 4, 2021

During a recent webinar, Forrester’s Principal Analyst Duncan Jones and Ivalua’s CMO Alex Saric discussed research findings from Forrester’s recent study, “?? To fix the problem, Boohoo increased CSR transparency and ended contracts with 64 non-compliant suppliers. Getting Business Priorities Straight.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability supply chain software solutions Suppliers 130

Spend Matters

OCTOBER 24, 2023

If you would like to be considered for next year’s 50 To Know/50 To Watch lists, join our Webinar on October 31 to understand the criteria and methodology. Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000.

Procurement solutions 96

Procurement solutions Supply Chain Efficiency supply chain software solutions Procurement 96

Spend Matters

OCTOBER 17, 2023

These lists represent the best-in-class solutions that the industry needs to know about and the up-and-coming, growing firms to keep an eye on. To find out how you can be considered for next year’s 50 To Know/50 To Watch lists, join our webinar on October 31 to discover the methodology behind the selection process.

Innovation 97

Innovation supply chain software solutions Supply Chain Efficiency Procurement 97

Supply Chain Game Changer

FEBRUARY 10, 2021

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? For some time, I’ve been reading, watching and following the white papers, case studies, and countless webinars put on by keen minds about digital transformations. Subscribe Here! Email Address. Get Our EBook here.

e2e 105

e2e supply chain software solutions Real-time Visibility Supply Chain Efficiency 105

SCMDOJO

OCTOBER 30, 2024

Pain points occur due to miscommunication, unexpected delays, or simply inefficient management within the supply chain. Naturally, finding rapid solutions is in everyone’s best interest. Apart from enhancing client services, relevant content raises visibility and has the potential to improve SEO efficiency.

Logistics 52

Logistics Strategy Supply Chain Optimization supply chain software solutions 52

NLPA (Next Level Purchasing Association)

FEBRUARY 14, 2024

Case Studies in Action Walmart’s Transformation : Walmart leveraged its procurement strategy for cost savings and supply chain efficiency. Amazon’s Efficiency Model : Amazon utilizes e-procurement tools and prioritizes supplier development in its procurement strategy.

Procurement strategies 52

Procurement strategies Supply Chain Optimization Strategy Procurement 52

Una

NOVEMBER 29, 2023

But with the elves’ help, Santa is able to put his freed-up time to valuable use, with activities such as mapping out the most fuel-efficient route around the globe, analyzing the data on his naughty and nice lists, and spending some quality time with Mrs Claus. Things you can do while a GPO works behind the scenes And what about you?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supplier relationship management Strategic sourcing 52

NLPA (Next Level Purchasing Association)

JULY 20, 2023

By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization. Cultivating strong supplier partnerships enhances collaboration, fosters innovation, and ensures a reliable supply chain.

Management 40

Management supply chain budgeting supply chain software solutions Spend management 40

ivalua

JUNE 2, 2016

For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. As a result, you will need to build strong supply chain and procurement capabilities around the world and not just in the United States. Globalization. Integration. Today this rarely exists.

Supply Chain Efficiency 113

Supply Chain Efficiency Procurement supply chain software solutions Collaboration 113

Zycus Cognitive Procurement

AUGUST 29, 2022

According to the Victorian Government’s Digital Strategy 2021-2026, a 4-step approach for selecting software is construed as the need of the hour. They are promoting investing in SaaS over buying or building software of their own. Improve Compliance : Enabled easy and compliant buying with Zycus’ procure-to-pay solution.

Risk management 52

Risk management Risk Suppliers Management 52

HICX

MAY 1, 2024

With the increasing complexity of supply chains and the supplier landscape, and the need for efficiency and risk management, optimizing the supplier onboarding process has become more important than ever. The efficiency gains from leveraging supplier onboarding technology promises are manifold.

Suppliers 52

Suppliers Supply Chain Efficiency Risk management Supply Chain Optimization 52

Finale Inventory

SEPTEMBER 24, 2024

However, efficient inventory management is vital for the success of your business, especially in the ever-growing ecommerce market. Additionally, efficient inventory management can help small businesses anticipate demand trends , identify popular products, and streamline their procurement processes.

Inventory 52

Inventory Real-time Visibility Order Fulfillment Supply Chain Efficiency 52

IBM Supply Chain Blog

MARCH 28, 2023

Watch a webinar on cloud data warehousing Resolving the challenges of a monolithic data architecture Software vendors understand these challenges, and several have tried to address the challenges in their own way. Fortunately, the IT landscape is changing due to a mix of cloud platforms, open source and traditional software vendors.

Data 73

Data Price Sourcing Quality 73

NLPA (Next Level Purchasing Association)

APRIL 5, 2023

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. These competencies are essential for ensuring that organizations can secure the goods and services they need at the best possible value.

Procurement 52

Procurement Negotiation supply chain budgeting Supply Chain Optimization 52

Supply Chain Game Changer

OCTOBER 29, 2021

Subscribe to Supply Chain Game Changer. The quality and efficiency of these online teaching tools greatly improved to accommodate the surge in demand. Additionally, hundreds of solutions are now available to choose from. One such use of this software is delivering education to students of different levels.

supply chain software solutions 70

supply chain software solutions Supply Chain Efficiency Supply chain Quality 70

IBM Supply Chain Blog

MAY 28, 2024

It can also help them reduce vulnerabilities and ensure data is efficiently managed, compliant with regulations, and not at risk of misuse or loss. It mandates transparency in data collection practices and imposes substantial fines for non-compliance, up to 4 percent of an organization’s annual global turnover or EUR 20 million.

Data 81

Data Strategy Risk Real-time Visibility 81

Finale Inventory

SEPTEMBER 23, 2024

Additionally, efficient inventory management can enhance your relationships with suppliers. It’s important for small businesses to implement inventory management best practices, such as regular inventory audits, utilizing inventory management software, and training staff on proper inventory handling procedures.

Inventory 52

Inventory Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 52

IBM Supply Chain Blog

NOVEMBER 6, 2023

However, digital infrastructures are highly dependent on application programming interfaces — or APIs — to facilitate data transfers between software applications and between applications and end users. WAF security software can analyze incoming API requests and block malicious traffic before it reaches the server.

Data 113

Data Networking Risk Import 113

IBM Supply Chain Blog

OCTOBER 16, 2023

Award-winning design: API management software should be accessible and easy to use for developers of any skill level. API Connect has won three recent design awards for building innovative experiences to make API management easier and more efficient for our users. It’s available as SaaS on AWS.

Management 67

Management Innovation Quality Data 67

IBM Supply Chain Blog

FEBRUARY 12, 2024

It offers businesses the capability to capture and process real-time information from diverse sources, such as databases, software applications and cloud services. This helps ensure that they not only access data but also use it efficiently across multiple streams, maximizing its potential positive impact on the business.

Data 77

Data Innovation Sourcing Management 77

Jaggaer

MAY 12, 2020

Full data transparency. Supply-Chain and Invoice automation. Back in September 2018 Gartner wrote , “Technology product managers must develop AI solutions that are aligned with high-priority procurement use cases, enhance user experience and improve supplier loyalty to gain their confidence.” Smart Assistant.

Procurement 52

Procurement Supply Chain Efficiency supply chain software solutions Suppliers 52

SCMDOJO

NOVEMBER 2, 2023

Effective supply chain management is essential for success in the dynamism and connectivity of modern companies. To accomplish this, you require the skills of supply chain experts who can manage the complexity and difficulties of today’s global supply chains. They come from a variety of backgrounds.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 59

Zycus Cognitive Procurement

NOVEMBER 16, 2021

Organizations are looking to CPOs to take on broader and deeper strategic initiatives to create a future proof supply chain. Software tools were used to capture, process, and store data. What Covid-19 did to firms globally is no secret. References: [link]. The post HOW COGNITIVE PROCUREMENT IS GOING TO SHAPE THE FUTURE?

Procurement 40

Procurement Eprocurement Agile and Lean Supply Chain Supply Chain Efficiency 40

Slimstock

MARCH 26, 2019

As international supply chain executive Sara Ireton indicates in Industry Week , it’s important to recognize “the success of one partner helps the success of the other.” Building and maintaining supplier relationships can streamline processes and improve your overall efficiency.

Procurement 66

Procurement Chief Procurement Officer Supply Chain Optimization Raw materials 66

IBM Supply Chain Blog

AUGUST 1, 2023

Gone are the days when antivirus software and a firewall were almost enough to protect an organization from cyberattacks. Using multiple platforms to discover apps and manage laptops and mobile devices negatively impacts the IT and security team’s efficiency and productivity in continuous application patching.

Risk 54

Risk Management Real-time Visibility e2e 54

IBM Supply Chain Blog

NOVEMBER 30, 2023

Communicate with transparency. Attend industry events: Participate in conferences, webinars, speaking engagements, award competitions and other events to establish a presence and engage with potential candidates. This helps create a smoother and more efficient experience.

Strategy 61

Strategy Sourcing Leadership Networking 61

The Procuretech Podcast

SEPTEMBER 29, 2022

Many of today's global challenges – from the aftermath of COVID, to supply chain challenges and geopolitical risks – make it feel like now is the time for procurement to shine. He looks to Gen Z and their need for more efficient, usable systems. Sign up for the Procurement Software Newsletter. Wrapping Up. Stay in touch.

Procurement 40

Procurement Contract Influencing Ethics 40

IBM Supply Chain Blog

AUGUST 3, 2023

By keeping your data inside of Guardium Insights, security organizations can streamline architecture, reduce the number of appliances, improve operational efficiencies and allow data security teams to focus on value-add data security activities rather than infrastructure management.

Data 57

Data Real-time Visibility Networking Risk 57