Spend Matters

OCTOBER 31, 2024

For today’s vendor viewpoint we spoke with Nick Francis, Chief Technology and Marketing Officer (CTMO) at Commercial Value Management specialist Brooklyn Solutions. Within vendor management, there has been a significant change in the appetite for risk-related technology.

Risk management 114

Risk management Risk Management Real-time Visibility 114

SCMDOJO

NOVEMBER 20, 2024

Supply Chain Collaboration Solid relationships with suppliers can enhance supply chain visibility. Supply chain visibility with a responsive community is a fantastic combo that optimizes inventory and reduces obsolescence in the blink of an eye. Click here!

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

SCMDOJO

AUGUST 16, 2023

The CPFR program has been instrumental in enhancing overall supply chain visibility and efficiency, allowing Walmart to respond promptly to fluctuations in demand and supply, reducing stockouts, and optimizing inventory levels.

Supply Chain Efficiency 98

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 98

Supply Chain Opz

OCTOBER 29, 2013

And when developers incorporate these concept and try to solve the problems using various technologies, supply chain visibility solutions was born, the clear example of "Action Research". Practitioners can be cool too! As you can see, theories are usually built by academics.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Supply chain Supply Supply chain management 91

The Good Spending

JUNE 15, 2022

T hese routine activities leverage integrated automated systems, enabling supply chain visibility. Examples: framework agreements, Vendor-Managed Inventories. Organic buying relationships require ongoing human involvement, interpersonal interactions, and continuous adjustments between buyer and seller firms.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

Zycus Cognitive Procurement

FEBRUARY 14, 2022

Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links. Learn More: Vendor Management Guide. The key to gaining a more comprehensive view of supplier risks is interconnected digital tools, physical infrastructure, and corresponding data streams.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Supply Chain Game Changer

NOVEMBER 15, 2018

It could be bad forecasting, poor order management tracking, failure to deal with supplier issues, inaccurate parameters, or lack of supply chain visibility. Vendor Managed Inventory (VMI) programs can help to ensure goods are held as low in the Supply Chain as possible yet be accessible quickly.

Strategy 48

Strategy Bill of materials Supply Chain Efficiency Inventory 48