Procurement Insights

NOVEMBER 26, 2023

The reference to “ Visibility” with a single source of truth ” – How often do we hear that phrase used in 2023 suggests that we still haven’t achieved it yet. If Cisco has achieved a single source of truth visibility, maybe we should look at how they did it and emulate them?

supply chain software solutions 61

supply chain software solutions Supply Chain Efficiency Supply chain Real-time Visibility 61

ivalua

FEBRUARY 10, 2023

per cent in January 2023, down from 9.2 It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. Eurozone annual inflation was down 8.5 per cent in the previous month.

Price 264

Price Strategy Sourcing Real-time Visibility 264

IBM Supply Chain Blog

NOVEMBER 20, 2023

At the same time, they’re also still relying on legacy systems and architectures, which often lack some of the standard capabilities needed for a modern IAM strategy. The goal is to create a less complex environment where consistent security authentication flows and visibility can be enforced. and/or its affiliates in the U.S.

Management 71

Management Real-time Visibility Strategy Risk 71

Let's Talk Supply Chain

DECEMBER 24, 2023

Ashley and I sat down to talk about some of the ways organizations can level up, create visibility, achieve agility and drive sustainability in the supply chain. And we had fun looking back and reflecting on which of the big trends for 2023 came to fruition – and which did not.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 52

Spend Matters

OCTOBER 10, 2023

Remote work will make sure of it A poll released by the GBTA earlier this year shows three in four travel managers expected their company to make more business trips in 2023 compared to 2022. and Europe will surpass half of 2019 levels in the first half of 2023. Real-time expense automation is the future.

Real-time Visibility 97

Real-time Visibility Management e2e Budget 97

Pipefy

JANUARY 9, 2023

2023 will serve as a chance to reset, rebuild, and forge a path forward by implementing technology that delivers process excellence, drives innovation, and empowers procurement teams to do more despite fewer resources. . 5 procurement trends for 2023. Among global workers, stress has (once again) reached an all-time high.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent. You can read more about demand forecasting techniques in our article.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

EazyStock

JANUARY 6, 2023

As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. The economic turndown is threatening a global recession over 2023, and labor disputes and strikes are prevalent. Increased supply chain visibility. Supply chain issues.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

SCMDOJO

DECEMBER 28, 2023

This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. Limited Visibility: These supply chains have restricted visibility, with real-time information being scarce.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 74

IBM Supply Chain Blog

FEBRUARY 19, 2024

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Let's Talk Supply Chain

MARCH 19, 2023

Today Erik Kiser, CEO and founder of Orderful, joins me to chat all about the company; the challenges involved with traditional EDI solutions; bringing supply chains together; achieving visibility and addressing risk; and the future of EDI. This episode was filmed at Manifest 2023. 20.51] The ideal client for Orderful.

Real-time Visibility 52

Real-time Visibility supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? The time is now – let’s get an action plan together! What are the implications?

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

Let's Talk Supply Chain

JULY 9, 2023

Operating in over 40 countries worldwide, SEKO lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information to deliver their growing customer base true supply chain visibility. It’s about visibility, it’s about the experience.” You can increase your conversion by providing more options!”

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

IBM Supply Chain Blog

SEPTEMBER 13, 2023

According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 In fact, according to the Cost of a Data Breach study, organizations that deployed an ASM solution were able to identify and contain data breaches in 75% of the time of those without ASM. million this year.

Data 101

Data Risk Real-time Visibility Management 101

Procurement Insights

NOVEMBER 17, 2023

What is the difference between the following excerpts from the 2009 article and the 2023 LinkedIn post comment : 2009 ARTICLE “Here’s another real-world example of how a little break in a supply line can have a big impact. Blame it on kanban, the just-in-time philosophy of keeping as little inventory on hand as possible.”

Real-time Visibility 45

Real-time Visibility Inventory Collaboration Supply chain 45

Pipefy

SEPTEMBER 25, 2023

According to a June 2023 McKinsey report , generative AI has the potential to add $400-$660 billion annually to the retail and consumer packaged goods industry alone. This reduces user training time and IT workloads. IDP is the next step toward the total elimination of manual data entry, providing massive time and cost savings.

Management 52

Management Real-time Visibility Data Collaboration 52

Procurement Tactics

DECEMBER 21, 2022

33 Procurement Interview Questions in 2023. Financial Supply Chain — The Ultimate Guide of 2023. After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Ultimate Supplier Plotting Checklist 2023. Download Whitepaper →. . Download Whitepaper →. .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

IBM Supply Chain Blog

FEBRUARY 26, 2024

This week, as thousands of network operators, technology vendors, and mobile device providers from all over the world converge on Barcelona for Mobile World Congress , it’s the perfect time to discuss how IBM® is shaping the future of network operations and telecommunications. The telecom industry is no exception.

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Real-time Visibility e2e Networking Data 100

Procurement Heads

FEBRUARY 8, 2023

Currently, wholesale gas and electricity prices have been fixed for firms from October until March 2023, but the help is under review due to the cost. One of the common themes I’m hearing from large organisations is that they are finding a lack of visibility looking ahead for energy spend.

Real-time Visibility 130

Real-time Visibility Price Negotiation Sourcing 130

Procurement Software

APRIL 23, 2024

Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. What sets Mithra-AI apart is its real-time, continuous visibility of spend data, coupled with proactive alerts for opportunities and risks.

supply chain software solutions 52

supply chain software solutions Real-time Visibility Supply Chain Efficiency supply chain budgeting 52

Let's Talk Supply Chain

JULY 16, 2023

With a real-time connected network of 10 million drivers, OneRail finds the right vehicle for the right delivery so shippers gain low prices and greater capacity to rapidly scale their businesses. Best Workplaces 2023, No. 23 on Forbes’ list of America’s Best Startup Employers 2023, No. 48 on the Inc.

Real-time Visibility 52

Real-time Visibility supply chain budgeting Networking Supply Chain Optimization 52

Una

JANUARY 17, 2023

By Hugo Britt | January 17, 2023. Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene.

Supply Chain Efficiency 98

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

ivalua

MARCH 9, 2023

By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Supplier on-boarding time: S2P can significantly reduce the time it takes to on-board new suppliers.

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Sourcing Real-time Visibility e2e supply chain software solutions 130

Let's Talk Supply Chain

MARCH 26, 2023

Today I’m joined by Blume Global , a market-leading, sustainability-focused software brand that is removing a huge $1 trillion of waste from the global supply chain, and making logistics processes more agile, dependable, and sustainable with innovative execution and visibility solutions. This episode was filmed at Manifest 2023.

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 52

SCMDOJO

APRIL 4, 2023

When it comes to managing a supply chain, having access to real-time data can be a game-changer. Read More: 10 Must-Read Supply Chain Analytics Books for 2023 ] The benefits of SCM analytics are numerous. This can result in faster delivery times and improved customer satisfaction.

Supply Chain Analytics 110

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 110

TYA Suite

MAY 14, 2023

Total Paper Check Payments And Cost Per Payment: This includes every staff member's time spent doing check runs and handling returned checks. Efficiency will help your company save time and money while allowing you to concentrate more on your clients. Customer satisfaction rises as a result.

Procurement 52

Procurement Real-time Visibility Purchase orders Purchasing 52

IBM Supply Chain Blog

AUGUST 14, 2023

The Cost of a Data Breach 2023 global survey found that extensively using artificial intelligence (AI) and automation benefited organizations by saving nearly USD 1.8 The need for a more proactive cybersecurity approach using AI and automation Fortunately, there are solutions that have shown real benefits to help overcome these challenges.

Data 58

Data Real-time Visibility Networking Risk 58

ivalua

JUNE 29, 2022

One of the UK’s net zero pledges requires listed UK businesses to release public plans for reaching climate change targets by 2023. In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Collaborate for a greener future.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

IBM Supply Chain Blog

FEBRUARY 16, 2023

Along with these challenges, the ongoing drive to reduce costs, improve efficiency and productivity, drive better decision-making and reduce risk will continue to drive pharma investment in cloud, AI/ML, analytics and automation in 2023 despite higher interest rates. Since then, more than 20 cell and gene therapy products have been approved.

Innovation 40

Innovation Strategy Supply Chain Efficiency supply chain budgeting 40

Una

OCTOBER 17, 2023

By Hugo Britt | October 17, 2023 Search Search “Hey, Procurement?” “Yes, Dave?” “Contact Supplier X’s chatbot and see if you can negotiate a 15-day increase on payment terms for all products.” This ensures that procurement support is readily accessible at any time, increasing efficiency and reducing delays. Sure, Dave.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Supply Chain Optimization 52

Barkers Procurement

OCTOBER 9, 2023

Visibility and Control: The provision of real-time visibility into procurement and spending activities, allowing Vanquis to monitor and control their expenses more effectively. In May 2022 VBG had no automated invoicing, by March 2023 this had risen to 60% automation and rising.

Real-time Visibility 52

Real-time Visibility Project management Change management Risk management 52

IBM Supply Chain Blog

FEBRUARY 1, 2024

For example, in the US, the 2023-2025 CISA Cybersecurity Strategic Plan aims to increase basic-level cyber skills across the country, transform cyber education and boost the cyber workforce. Cyber workforce shortage There are over four million unfilled cybersecurity jobs in the world today.

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Real-time Visibility Strategic planning Risk Data 91

IBM Supply Chain Blog

DECEMBER 8, 2023

This allows teams to understand the real risk facing their organization while simultaneously assessing if the investments they have made in security defense solutions are worthwhile. 3 Panetta, Kasey (2023, August 21), How to Manage Cybersecurity Threats, Not Episodes. 2 Known Exploited Vulnerabilities Catalog.

Real-time Visibility 73

Real-time Visibility Risk Management Budget 73

IBM Supply Chain Blog

AUGUST 9, 2023

During a phishing simulation, employees receive simulated phishing emails (or texts or phone calls) that mimic real-world phishing attempts. Since 2019, the number of phishing attacks has grown by 150% percent per year— with the Anti-Phishing Working Group (APWG) reporting an all-time high for phishing in 2022 , logging more than 4.7

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Real-time Visibility Import Risk Data 77

Finale Inventory

FEBRUARY 27, 2024

Scanning a label takes a fraction of the time needed to jot down even the briefest of details – and items are immediately visible in your online system with full product details available. Cycle counting is the practice of counting a rotating subset of your inventory on a regular, frequent basis. Adopt continuous cycle counts.

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Inventory Management Real-time Visibility e2e 52