World of Procurement blog

MAY 23, 2024

To build stronger strategic relationships with their most capable suppliers, facilitating collaboration on product innovation, quality, sustainability, and continuous improvement. To mitigate supply chain risks and improve business continuity by reducing dependence on many small suppliers.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Ability to collaborate, identify opportunities or issues and act. Some of these challenges include limited: .

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

ivalua

MARCH 28, 2019

The huge growth in the use of technology has been the most visible part of that developing picture. Professionalisation of the function, logic and analysis has also extended into other areas, with a growth in relevant qualifications, all the way through to procurement and supply chain MBAs and even Doctorates.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167

World of Procurement blog

MAY 8, 2024

Well-defined contracts help ensure suppliers meet expectations while protecting the buyer's interests. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Setting the right KPIs ensures priorities are clear for the team.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

MAY 5, 2023

It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Real-time Visibility 52

Procurement Software

APRIL 18, 2023

With tangible benefits for buyers, eAuctions could help your organisation survive the economic downturn. eAuctions are a negotiation method that allow buyers to leverage market-driven pricing opportunities. These negotiations take place in real time, with all prospective suppliers at once.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Spend Matters

JUNE 19, 2023

Supplier collaboration workspace The ability of a supplier collaboration workspace or portal to enable suppliers to engage within a buyer’s process (e.g., visibility, self-service, document exchange, etc.) Exploring the actual market state of the top 5 capabilities 1. with its corresponding access security.

Buyers 64

Buyers Collaboration Suppliers Agile and Lean Supply Chain 64

Pipefy

JANUARY 11, 2023

Procurement teams are now responsible for driving value, achieving sustainable results, and helping businesses maintain their competitive edge despite market shifts and supply chain disruptions. In 2022, the five biggest procurement issues experienced by B2B buyers were: Reliable delivery (43%). Complex purchasing systems (31%).

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

Supply Chain Game Changer

AUGUST 26, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. PO Placement ?

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

Pipefy

MAY 23, 2023

Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Procurement Software

MARCH 11, 2022

Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard. Yet hardly any TRULY have a real grip on what they BUY. Every company knows what they sell.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard. Yet hardly any TRULY have a real grip on what they BUY. Every company knows what they sell.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Empowering CPO

JUNE 14, 2023

Innovative procurement models offer new ways to approach these challenges, leveraging technology, strategic collaborations, and a focus on sustainability to deliver enhanced outcomes. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. To do any of these effectively, they need the right procurement technology.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

IBM Supply Chain Blog

SEPTEMBER 13, 2023

Supply chains are under enormous stress. As supply chain leaders, we’ve seen unprecedented levels of disruption, challenges with our ecosystem trading partner networks, tariff wars, real wars and tremendous turnover in human capital. Senior supply chain leaders are retiring in record numbers.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 70

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision.

Supply chain resilience 52

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

Procurement Software

JANUARY 9, 2024

It offers buyers a more automated way to onboard and pay smaller suppliers, and suppliers the opportunity to get onboarded with customers faster and to get paid quicker. Paid claims to benefit both large and small businesses, offering agility to the former and better access to opportunities for the latter.

supply chain software solutions 52

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

Procurement Software

MARCH 5, 2024

The Execution and Collaboration modules give you the ability to track tasks and approvals individually, bringing you closer to project completion. Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes.

Real-time Visibility 52

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

ivalua

MARCH 9, 2023

Also included: supplier improvement plans, innovation plans and overall supplier collaboration. The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. Supplier on-boarding time: S2P can significantly reduce the time it takes to on-board new suppliers.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

ivalua

OCTOBER 1, 2020

A recent study by Forrester found that the single greatest factor in increasing a supplier’s willingness to collaborate with and share innovations with a customer was timeliness of and visibility into payments. Organizations cannot improve invoice match rates when there is no visibility into the root causes of match failures.

Real-time Visibility 130

Real-time Visibility Supply Chain Efficiency Networking Suppliers 130

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain. After all, your shortages are their problem, as well.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. It can also provide real-time data and analytics. OCR also enhances customer experience by simplifying access to data, improving response times, and streamlining workflow.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52