World of Procurement blog

MAY 8, 2024

Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Conduct supply chain audits and due diligence on high-risk categories. Dual sourcing and supply chain digitization can help.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

OCTOBER 10, 2023

Cyber risk is preeminent in today’s threat landscape, and that includes attacks on the software supply chain. In fact, the increase in cyberattacks on software supply chains is estimated to affect 45% of organizations worldwide.

supply chain software solutions 82

supply chain software solutions Inventory Agile and Lean Supply Chain Supply chain 82

IBM Supply Chain Blog

APRIL 25, 2024

Successful implementation of BPR requires strong leadership, effective change management and a commitment to continuous improvement. Leaders, senior management, team members and stakeholders must champion the BPR initiative and provide the necessary resources, support and direction to enable new processes and meaningful change.

Supply Chain Efficiency 62

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 62

Supply Chain Brain

JULY 9, 2018

At Schneider Electric , the global purveyor of energy management and industrial automation systems, the cloud presented an opportunity to undertake a wholesale digital transformation of its supply chain. The company is taking equal care in phasing in the “orchestration” of its supply chain in the cloud.

supply chain software solutions 40

supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization Supply chain 40

Pipefy

JANUARY 11, 2023

This shift has become necessary as procurement departments are tasked by management with new strategic duties. 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.

Strategy 52

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

Zycus Cognitive Procurement

JANUARY 24, 2023

With new legislation being introduced for 2023 in Europe, such as the Supply Chain Due Diligence Act (SCCDA), CPOs and other procurement and sourcing leaders need to devise an agile procurement strategy to ensure compliance. Investment in technology is crucial and requires even more during the time of an economic downturn. “

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

IBM Supply Chain Blog

DECEMBER 19, 2023

This process, often referred to as the “pathway to deploy,” encompasses a series of intricate steps and decisions that can significantly impact an organization’s ability to deliver software efficiently, reliably and at scale. Build central knowledge management and planning management around pathway to deploy.

supply chain software solutions 83

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Data 83

Solvoyo

NOVEMBER 7, 2018

Supply Chain is a core business function tasked to manage multiple business operations such as production, inventory, order fulfillment, and transportation simultaneously. In fact, the supply chain people are expected to be super-heroes. How can they manage all this simultaneously?

Supply Chain Optimization 40

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 40

The Procuretech Podcast

SEPTEMBER 28, 2021

The constant challenge of poor data, inaccurate or missing taxonomies and battling with free text PO descriptions is what ultimately led them down the path of creating a software business to solve this problem at scale. How can AI be leveraged as a catalyst for positive change? To what extent can AI perform data classification?

Data 52

Data supply chain software solutions Agile and Lean Supply Chain Category management 52

Procurement Software

MARCH 11, 2022

Sustainability initiatives within the supply chain. Third party risk management. Contract lifecycle management. It’s therefore a fair assumption that if you remove these non-value added tasks, you will allow the Procurement Manager to deliver a third more value to the business. Supplier innovation.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. Rider (1970)).

Supply Chain Efficiency 132

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 132

Procurement Software

APRIL 18, 2023

It also improves your agility across everyday procurement processes. Supply chains across the world have been hit hard with long lead times – increasing on average 207% this year. eAuctions are a great way to remain agile and cost-efficient. Change management – “It is a lifestyle, not a diet!”

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Supply Chain Game Changer

FEBRUARY 15, 2022

Subscribe to Supply Chain Game Changer. For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. This is very much the core of Supply Chain education and certification as well. Subscribe Here! Email Address.

Supply chain management 92

Supply chain management Supply chain management Supply Chain Optimization Agile and Lean Supply Chain 92

ivalua

MAY 31, 2022

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. How can you create a more efficient supply chain and gain a better understanding of overall performance?

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

Procurement Software

JANUARY 16, 2024

Very process-oriented and not agile or malleable at all. But they also fail because of lack of talent, lack of budget and lack of effective change management. Why not mix seasoned Procurement Managers with Cross-Functional Moves? Give them an understanding of wider Finance or Supply Chain topics.

Procurement 52

Procurement Procurement team supply chain budgeting Budget 52

IBM Supply Chain Blog

JULY 26, 2023

It allows for better adaptation to changing circumstances, emerging priorities, and new opportunities. ZBB promotes agility in resource allocation, enabling organizations to respond effectively to evolving market conditions. ZBB, on the other hand, is not bound by past spending patterns. appeared first on IBM Blog.

Budget 61

Budget Data Cost optimization Collaboration 61

Solvoyo

MARCH 5, 2021

For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

NOVEMBER 21, 2018

Check out Augmented Reality (AR) is Set to Transform Retail and the Supply Chain! Augmented Reality enables transformational change! Supply chain improvements over the last 15 years have been incremental at best. When I started in the distribution space, I was told “…business is simple…cases in, cases out.”

Agile and Lean Supply Chain 68

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 68

Empowering CPO

JUNE 27, 2023

Agility and Adaptability: Digital transformation equips organizations with the agility and adaptability required to respond to changing market dynamics and evolving customer needs. Change management strategies for successful adoption Implementing digital spend analysis involves organizational change.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

IBM Supply Chain Blog

NOVEMBER 22, 2023

Enterprise resource planning (ERP) solutions offer organizations a one-stop-shop for managing daily operations. The business management software has gained popularity in the business world as organizations try to keep up with the changing landscape.

supply chain software solutions 68

supply chain software solutions Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 68

Pipefy

NOVEMBER 3, 2023

Procurement requires precision, predictability, and the ability to problem-solve with agility and confidence. A resilient procurement process can help businesses adapt more quickly to changes in the market and disruptions to the supply chain. Sometimes they change because someone discovers a better way of doing something.

Procurement 52

Procurement Procurement team Supply Chain Efficiency Agile and Lean Supply Chain 52

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Supplier management systems: Tools that help track, evaluate, and manage supplier relationships and performance.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

MAY 26, 2023

One proven approach is adopting Red Hat OpenShift on AWS (ROSA) as a turnkey application development platform managed by both Red Hat and AWS. Our prime focus really is to develop software quickly.” ” The advantages of leveraging ROSA reach across industries.

Innovation 79

Innovation Management Change management Sustainability 79

IBM Supply Chain Blog

OCTOBER 19, 2023

Gathering files from multiple parties led to discrepancies due to varying versions of software and different levels of user expertise.” Unlike other competitive solutions that took 6–12 months, IBM Planning Analytics was able to perform a successful proof of concept within 8–10 weeks.

Budget 103

Budget Data Change management Innovation 103

Zycus Cognitive Procurement

JULY 29, 2021

Agile companies are deploying digital-first systems that can forecast disruptions and alert CPOs to arrange alternate supply streams. The move to data-centric and AI-driven sustainable procurement can seem cumbersome at first, with businesses worrying about change management, organizational inertia, and significant digital upskilling.

Sustainability 40

Sustainability Procurement Agile and Lean Supply Chain Risk 40

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. Artificial intelligence has tried to replicate the knowledge and reasoning methodologies of experts through Expert System, a type of problem-solving software. Expert System.

Supply Chain Efficiency 54

Supply Chain Efficiency Agile and Lean Supply Chain Buyers Data 54

Procurement Software

MARCH 7, 2023

Key advantages of using Procure-to-Pay and Source-to-Pay technology Hard Cost Savings Value Drivers Possible Disadvantages of using P2P and S2P software Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? Improvements to end-to-end supply chain efficiency.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

DECEMBER 5, 2022

Possible Disadvantages of using P2P and S2P software. Can you combine P2P and S2P in procurement software? What’s the best S2P or P2P software for mid-market and SMEs? We’ll cover the plethora of software solutions available to handle the entire P2P process or its specific steps later.

Sourcing 52

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

Pipefy

DECEMBER 18, 2023

The primary drivers of this strategic move heavily lean on increasing efficiency, improving productivity, reducing errors, and generating greater cost savings. The result is an acutely streamlined tech stack free of process or capability gaps, reduced risk, better use of employee time, and accelerated (and accurate) change management.

Procurement 52

Procurement Agile and Lean Supply Chain Procurement team supply chain budgeting 52

Supply Chain Game Changer

JANUARY 17, 2022

Subscribe to Supply Chain Game Changer. The Agile Supply Chain! Why Agility is Trumping Lean! Agile project management article and permission to publish here provided by Andrej Fedek. The agile approach is one of the most popular methodologies among project managers these days.

Agile and Lean Supply Chain 114

Agile and Lean Supply Chain Project management Management supply chain software solutions 114