Supply Chain Trend

SEPTEMBER 4, 2023

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. In this series of blogs, I will discuss the evolution of traditional IBP towards a more intelligent IBP. In this blog : A Need for Decision Centricity.

Quality 78

Quality Supply Chain Optimization supply chain software solutions Supply chain 78

ivalua

FEBRUARY 4, 2020

In this blog, I have attempted to extrapolate some of the main points shared by those who are winning, or at least, not losing the war on bad data. Having data standards and investing in improving the skills of the whole team in regards to managing and interpreting data. . Getting Data right is an imperative. But it’s not easy.

Data 130

Data Quality Supply chain Suppliers 130

ivalua

DECEMBER 6, 2022

Of course, I can only agree with their insights and the critical role of Procurement in solving business and societal problems, but one process is often overlooked. Procure to Pay is the process where much of the value potential is actually created…or where much value is leaking! . Internal re-processing costs .

e2e 130

e2e Suppliers Procurement Contract 130

SCMDOJO

JULY 3, 2023

You can successfully traverse the complexities of procurement processes with the knowledge, abilities, and tactics you gain during procurement training. Take into account things like your current skill level, desired improvement areas, and professional objectives. But how do you get started? Do not worry!

Cost of ownership 78

Cost of ownership Procurement Category management supply chain software solutions 78

IBM Supply Chain Blog

JANUARY 8, 2024

Stage 4 – Transformative business strategy A broader range of users are able to access and process event streams to understand their relevance in a business context.  It includes a built-in schema registry to validate event data from applications as expected, improving data quality and reducing errors.

Real-time Visibility 82

Real-time Visibility Export Supply Chain Efficiency Data 82

The Thomas Blog

MARCH 21, 2024

This system helps sales and marketing teams prioritize leads, tailor their outreach strategies, and ultimately, improve conversion rates. This article will take a look at the ins and outs of lead scoring: its definition, how to score potential customers, and different lead scoring models. visiting a blog post).

Data 98

Data Purchasing Strategy Quality 98

IBM Supply Chain Blog

MAY 1, 2023

Continued advancement in AI development has resulted today in a definition of AI which has several categories and characteristics. Below are some typical use cases and demonstrates the primary impact on the automation of internal processes and on improved customer service.

Data 87

Data Price Quality Risk 87

IBM Supply Chain Blog

MARCH 8, 2024

However, due to significant improvements in latency, throughput and bandwidth, 5G is capable of much faster download and upload speeds than previous networks. Let’s take a look at three areas of technological improvement that have made 5G so unique. How is 5G different from other wireless networks?

Networking 111

Networking Data Demand Quality 111

IBM Supply Chain Blog

FEBRUARY 26, 2024

On the back-end, how will that failover process work? Each filter chain uses a unique logic to process queries. The second filter in the chain is “Weighted Shuffle”, which distributes traffic to other providers that meet the definition of “available” from the first filter. Will it be automated or manual?

Networking 90

Networking Data Sourcing Quality 90

Supply Chain Trend

MARCH 25, 2022

Preview – Most IBP cycles around the world are based on a 20-year-old process definition supported by 20-year-old planning concepts. In this series of short blogs, I will discuss the transition of traditional IBP towards a more intelligent IBP. In the first blogs, I discussed the rise of autonomous and unshackle the planners.

Agile and Lean Supply Chain 88

Agile and Lean Supply Chain Quality Ethics Import 88

SCMDOJO

FEBRUARY 5, 2023

WMS implementation is a crucial process for companies that need to streamline their operations and improve efficiency. The implementation of a warehouse management system (WMS) can bring many benefits, such as improved inventory accuracy, reduced labor costs, and enhanced customer service.

supply chain software solutions 81

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Warehouse operations 81

Supply Chain Game Changer

OCTOBER 8, 2020

Digital transformation is now the overriding priority for most manufacturers and retailers, with the adoption of digital technologies aimed at improving efficiency and effectiveness in the shorter term while providing the opportunity to grow a leaner operational protocol in the future. The big question is; are you ready? Internet of Things.

Supply Chain Efficiency 74

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 74

IBM Supply Chain Blog

MAY 6, 2024

This underscores the need to redefine the roles of trial administrators and investigators in the process. The latest developments in large language models (LLMs) have the potential to significantly expedite protocol design processes. Industry analysts report that dropout rates in phase 3 clinical trials can sometimes reach 20% to 30%.

Real-time Visibility 57

Real-time Visibility Data Influencing Strategy 57

IBM Supply Chain Blog

AUGUST 2, 2023

In our first blog post in this series on debunking observability myths, we focused on the myth that “ You can skip monitoring and rely solely on logs.” This inclusive approach enables rapid feedback on new and more frequent deployments, ensuring swift issue resolution and improved software quality. Why is this a myth?

Real-time Visibility 63

Real-time Visibility Import e2e Product management 63

IBM Supply Chain Blog

SEPTEMBER 6, 2023

Here are some key definitions, benefits, use cases and finally a step-by-step guide for integrating AI into your next marketing campaign. Today, AI technologies are being used more widely than ever to generate content, improve customer experiences and deliver more accurate results. What is AI marketing?

Quality 88

Quality Data Risk Strategy 88

IBM Supply Chain Blog

MAY 31, 2023

In this blog post, we will look at the frequently overlooked phenomenon of connected products and how enterprises are using them to their advantage. which involves the integration of advanced digital technologies and IoT into manufacturing processes and connected devices that transmit and receive instructions and data.

Data 101

Data Supply Chain Optimization supply chain software solutions Networking 101

Supply Chain Trend

DECEMBER 22, 2023

Hardly a recipe for improving planning & decision making. Many which I’ve highlighted over the years in blogs and articles. Introducing Intelligent IBP Let’s start with a definition. Introducing Intelligent IBP Let’s start with a definition. This definition should become clear once you go through the principles.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Procurement Insights

DECEMBER 30, 2023

These Next Gen Rebels are definitely not the spectator-kind, and here is what they had to say when I asked them the following three questions regarding 2024: Question #1 – What is procurement’s biggest strength? Dave Jones MCIPS – Adaptability – evolving to meet new demands through continuous improvement.

Procurement 79

Procurement Supply Chain Efficiency Risk Innovation 79

Empowering CPO

MAY 11, 2023

Goals This blog post aims to provide a comprehensive understanding of sustainable procurement and how organizations can effectively integrate environmental and social factors into their procurement processes. Interpretation: Use results to make informed decisions about improving the environmental performance of the product or process.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

IBM Supply Chain Blog

AUGUST 15, 2023

Representation of action liveness Then this definition is applied in the savings workflow: Once an action is executed on a cloud resource, it is actively tracked and we await confirmation of its successful implementation. This continuous process ensures that we have up-to-date and accurate billing information.

Cost optimization 68

Cost optimization Influencing Strategy Data 68

Spend Matters

NOVEMBER 20, 2023

Environment,’ ‘society’ and ‘governance’ can be such broad, overwhelming concepts that the details of what each goal means in terms of an organization’s strategy and process can get lost in translation. Donna pointed out that understanding the full end-to-end process can reduce waste and cost by addressing ESG inefficiencies.

Supply Chain Efficiency 93

Supply Chain Efficiency Sustainability Supply chain Strategy 93

The Good Spending

AUGUST 17, 2023

I recall some of my former colleagues disliking it and perceiving it as a bureaucratic process element. It involves making deliberate decisions about where to source these items, how to engage with suppliers, and how to manage the procurement process to achieve optimal results. We suggest just three, which are rare.

Sourcing 52

Sourcing Strategy Import Strategic sourcing 52

SCMDOJO

JULY 24, 2023

In this blog, we will answer the question: what is Contract Logistics, and explore its definition, solutions, challenges, and opportunities, understanding why Contract Logistics is considered as the hub of logistics today and how it can help businesses thrive in an ever-evolving market.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

IBM Supply Chain Blog

JULY 26, 2023

In this blog post, we will delve into the concept of zero-based budgeting, exploring its definition, advantages, disadvantages, implementation steps, and tools needed. The zero-based budgeting process is a strategic budgeting approach that mandates a fresh evaluation of all expenses during each budgeting cycle.

Budget 63

Budget Data Cost optimization Collaboration 63

Empowering CPO

JUNE 16, 2023

One of the essential tools to gaining this understanding is a process known as spend analysis. Brief Overview of Spend Analysis Spend analysis is a process that involves collecting, cleansing, classifying, and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring compliance.

Import 52

Import Procurement Supply Chain Efficiency Real-time Visibility 52

SCMDOJO

NOVEMBER 9, 2023

In addition to enhancing cost efficiency, inventory control techniques can improve cash flow. Effective inventory control leads to improved cash flow management. These are shown in our inventory control template excel later in the blog. Both of these elements play a pivotal role in determining the amount of cash available.

Inventory control 79

Inventory control Inventory Supply Chain Optimization supply chain budgeting 79

Empowering CPO

JUNE 14, 2023

At its core, procurement is the process of finding, agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Purpose of the Blog Post This blog post will serve as your guide to innovative procurement models. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? Firstly, let’s get a few definitions: What is inventory control? Read our blog on demand forecasting accuracy for more details.

Inventory control 98

Inventory control Supply Chain Optimization Inventory Quantity 98

Supply Chain Trend

JUNE 29, 2023

Indeed, 60% of voting xP&A webinar participants indicated that “problems with systems and processes” are the most significant barrier to effective FP&A and supply chain integration in their organisation. This is the definition of a “digital twin” for planning. What do we optimise in a decision?

Agile and Lean Supply Chain 60

Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

Supply Chain Game Changer

APRIL 14, 2022

The literal meaning of fabrication is the action or process of inventing something. All this to say; the term fabrication overlaps with many other production processes and it might be confusing sometimes, to classify production processes as fabrication or not. How to Compare Metal Fabricators! The Automation of Fabrication.

Raw materials 97

Raw materials supply chain software solutions Supply Chain Efficiency Quality 97

The Good Spending

AUGUST 26, 2022

The definition of a contract A contract is a legally binding promise to act in the future , e.g., delivering goods or providing services. Macneil defined the contract as "the relations among parties in the process of projecting exchange into the future." The definition of relational governance. Please vote for us!

Contract 96

Contract Price Negotiation Risk 96

Supply Chain Game Changer

NOVEMBER 14, 2018

Blog post originally published by Expak Logistics on [link] Permission to publish here provided by Morgan Dixon. Generally, reverse logistics is defined as “the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. Email Address. A Culture of Returns.

Logistics 61

Logistics Supply Chain Efficiency Supply chain Supply chain management 61

Supply Chain Game Changer

NOVEMBER 7, 2018

10 Different Definitions! I prefer the simpler definition provided by the RLA. While it is admirable to think that there should be planning, efficiency, value and cost effectiveness inherent in reverse logistics these are, to me in my experience, noble objectives of the process, not necessarily given attributes of the process.

Logistics 60

Logistics Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 60

Zycus Cognitive Procurement

JANUARY 6, 2021

The benefits of Artificial Intelligence are very well documented when it comes to optimizing business processes. However, the concept is straightforward: you take slow, repetitive processes that typically waste hours or days each month and let a smart tool take care of them for you. . Although many a time, one can explain A.I

Buyers 40

Buyers Risk Negotiation Contract 40

HICX

DECEMBER 1, 2022

Providing an optimal supplier experience is only possible through a deep understanding of how your suppliers are expected to interact with an organization and then streamlining those processes in a ‘supplier-centric’ way. What would be the one thing that would most improve the relationship between yourselves and your most important customers?

Suppliers 52

Suppliers e2e Import Demand 52

Zycus Cognitive Procurement

MAY 31, 2022

5) Identification of room for improvement and initiation of corrective actions. It also ensures simplified data analysis that can help in building models, contingency plans, and process improvement strategies. Zycus’ iRisk solution helps in designing a supplier development program to carve out strategies for improvements.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Risk Supply chain 52

Claritum

NOVEMBER 11, 2019

Claritum Article - Procurement Blog. Most spend analytics work is currently addressed by manual processes. We are definitely on track to deliver on a disruptive change in the way organisations analyse their spend data.”. Claritum’s eProcurement solution streamlines the procurement process. Claritum Case Studies.

Management 32

Management Eprocurement Innovation Procurement 32