World of Procurement blog

MAY 8, 2024

Metrics : Procurement tracks savings, efficiencies, supplier performance, and risk. Procurement is strategically important because it: Drives significant cost savings through economies of scale, supplier negotiations, and process efficiencies. Increases efficiency by standardizing, streamlining, and automating processes.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

ivalua

MARCH 27, 2023

The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. The Invoice Hub Unfortunately, this just won’t work if the AP process is locked behind “old school” networks like Basware, Coupa, Tungsten, or Ariba.

Procurement strategies 130

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

IBM Supply Chain Blog

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. This can lead to can significant improvements in efficiency, accuracy and scalability and enable the organization to operate more effectively.

Supply Chain Efficiency 63

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 63

Procurement Tactics

JUNE 28, 2023

Livestock Commodities Livestock and meat commodities include lean hogs , pork, live cattle , and feeder cattle. It follows the principles of supply and demand as it is the driving force of commodity markets. Mintec Mintec provides market intelligence, commodity prices, and price forecasts across the agri-food supply chain.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Let's Talk Supply Chain

OCTOBER 2, 2023

Built to combat issues caused by the lack of adequate space in cities and near major highways and interstates, SecurSpace enables on demand access to a rapidly growing network of industrial facilities and businesses searching for parking and storage solutions.

Demand 52

Demand Supply Chain Efficiency Real-time Visibility 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. Transparency, or ability to scale data, across an organization. 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

Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. The broader issue is that border controls and travel bans limit the ability of supply managers to identify and qualify new suppliers.

supply chain budgeting 52

supply chain budgeting Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 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. This saves buyers not only money, but hours of conversation time. This delivers the buyer lower unit prices.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Supply Chain Game Changer

AUGUST 5, 2021

Subscribe to Supply Chain Game Changer. Procurement is one of the sole functions in an organization that can truly implement and realizes quality and sustainability initiatives in the line; considering procurement’s ability to impact the global supply chain network at the supplier level. Subscribe Here!

Suppliers 98

Suppliers Management Supply Chain Efficiency Agile and Lean Supply Chain 98

Procurement Heads

MARCH 27, 2023

We are having to become much more agile in our approach because suppliers are less willing to hold their pricing. I’m passionate about working in collaboration with the supply chain and allowing for constructive conversations so that we’re doing all we can to ensure the best value for money for our customers.

Sustainability 246

Sustainability Agile and Lean Supply Chain Influencing Procurement 246

Supply Chain Game Changer

DECEMBER 9, 2020

Subscribe to Supply Chain Game Changer. Inventory management starts with the fundamental in and out of your supply chain. Warehouse and distribution networks. ? This gives you a higher degree of transparency as well as more efficient operations. Subscribe Here! Email Address. Get Our EBOOK HERE.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Positive Purchasing

DECEMBER 6, 2023

Launched as a discount supermarket in 1946 and arriving in the UK in 1990, ALDI has grown to a network of over 7,100 stores in 11 countries. Inevitably, there are some supply chains that are riskier than others. Last year they were the fastest growing supermarket in the US and were named the UK’s favourite supermarket.

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

Supply Chain Efficiency 101

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 101

ivalua

AUGUST 5, 2020

Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. In part, this is due to the challenge of handling high volumes of supplier invoices being merged with the new digital Tax Compliance and Government Supplier Networks.

supply chain software solutions 130

supply chain software solutions Real-time Visibility Suppliers supply chain budgeting 130

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Be transparent and put your challenges in front of innovative solution providers after you’ve qualified their ability to deliver value. Subscribe Here! Email Address. Don’t Panic! Publications.

Procurement 90

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 90

Procurement Heads

MARCH 27, 2023

We are having to become much more agile in our approach because suppliers are less willing to hold their pricing. I’m passionate about working in collaboration with the supply chain and allowing for constructive conversations so that we’re doing all we can to ensure the best value for money for our customers.

Sustainability 130

Sustainability Agile and Lean Supply Chain Influencing Procurement 130

Pipefy

JANUARY 11, 2023

The need for efficient and error-proof procurement processes has never been greater. Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . What is a procurement transformation roadmap?

Strategy 52

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

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Spend Matters

JUNE 19, 2023

Top performing vendors have achieved a “Network Effect” type of collaboration where suppliers can manage all their buyers in the same portal and even behave as buyers themselves receiving invoices from their suppliers.

Buyers 67

Buyers Collaboration Suppliers Agile and Lean Supply Chain 67

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. would demand its implementation.

Supply Chain Visibility 103

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

The Procuretech Podcast

MAY 3, 2022

Given the current supply chain crisis and geopolitical instability, what better time to speak to a guest from a unique eSourcing solution? Alan Holland, CEO of Keelvar, is here to tell us how AI can offer something more immediate, spot and transactional, in these unstable times when agility matters.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Bidding Sourcing supply chain software solutions 52

IBM Supply Chain Blog

DECEMBER 18, 2023

Create an agile company with the capacity to adapt quickly to market changes. With a clearly defined strategy identified early on, organizations can efficiently develop secondary business processes like forecasting or process management. However, the same focus on efficiency may impede their ability to adapt quickly.

Business strategy 76

Business strategy Strategy Leadership Price 76

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 75

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 75

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 77

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 77

The Procuretech Podcast

JANUARY 25, 2022

Taking your team on the change journey from process-driven or compliance-driven to a more agile, strategic function will require a change in the skill set but also a change in the mindset. Florian's 4 key areas for managing change. Digitalisation. Innovation. Resilience. What can corporate organisations learn from elite football teams?

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Procurement team Change management Procurement 40

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. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

Supply chain resilience 52

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

Procurement Heads

JANUARY 4, 2023

As a Buyer at British Airways, I bought a range of different categories from engineering spares to airport services. I joined KPMG in their supply chain practice and spend the next 16 years on consulting assignments in a smaller firm. We need cost efficiency internally and cost-effectiveness with our suppliers externally.

Supply Chain Efficiency 246

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Suppliers 246

Pipefy

JANUARY 30, 2024

Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process. From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before.

Agile and Lean Supply Chain 52

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

SCMDOJO

DECEMBER 14, 2023

This crucial step forms the foundation for a tailored and efficient sourcing process. Sourcing agencies take charge of the entire shipment process, selecting the most efficient and cost-effective shipping methods. Their extensive network of suppliers across the globe opens doors to new markets and a diverse range of products.

Sourcing 74

Sourcing Supply Chain Efficiency Supply Chain Optimization Negotiation 74

Procurement Software

MARCH 5, 2024

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

Real-time Visibility 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

For the upcoming Holiday our theme was that we were going to have a BORING Holiday season … from a Supply Chain perspective. But by BORING, from a Supply Chain perspective , I did mean that we were going to do all of the necessary planning. And we would deliver a great customer experience.

Supply Chain Optimization 44

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 44

ivalua

OCTOBER 1, 2020

Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. This is because the Accounts Payable teams have been expecting eInvoicing Networks to address this challenge. That is true innovation and a level of digital transformation just not possible in an eInvoice Network.

Real-time Visibility 130

Real-time Visibility Supply Chain Efficiency Networking Suppliers 130

Finale Inventory

MARCH 28, 2024

Armed with modern tools for managing inventory and warehousing, know that you can reduce waste and boost efficiency to help your business achieve sustainability goals. They’re also overhauling operations to increase efficiency and reduce environmental impact – and consumers increasingly appreciate these behind-the-scenes efforts.

Supply Chain Efficiency 52

Supply Chain Efficiency Raw materials Inventory Sustainability 52

HICX

SEPTEMBER 20, 2022

The buyer-supplier relationship dynamic. Procurement Insights’ Jon Hansen led a panel of Procurement’s top thought-leaders to discuss the buyer-supplier relationship dynamic. The changing nature of buyer-supplier relationships. Ragnar spoke about the supplier-buyer power dynamic on a macro level.

Suppliers 52

Suppliers Negotiation Buyers Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

ivalua

SEPTEMBER 24, 2020

Recent trends have increased the strategic importance of an effective, transparent Invoice-to-Pay process, managed by AP. However, it is easy to forget that an Invoice is simply a payment request, and therefore it’s the job of technology to make this easy, fast and more efficient – for the Supplier and the Accounts Payable team.

e2e 100

e2e supply chain budgeting Supply Chain Efficiency Suppliers 100

Supply Chain Game Changer

NOVEMBER 25, 2018

From The Terminator to Blade Runner, pop culture has always leaned towards a chilling depiction of artificial intelligence (AI) and our future with AI at the helm. Deep learning pertains to the use of artificial neural networks (ANNs) in order to facilitate learning at multiple layers. Thus, we reach today, the era of Deep Learning.

Supply Chain Efficiency 54

Supply Chain Efficiency Agile and Lean Supply Chain Buyers Data 54