Blog - Purchasing & Procurement Zone

Asset lifecycle management strategy: What’s the best approach for your business?

IBM Supply Chain Blog

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. Here’s what you need to know in order to build a successful strategy. What is an asset? First, let’s talk about what an asset is and why they are so important. What is asset lifecycle management?

Strategy

Strategy Management Real-time Visibility Import

The most valuable AI use cases for business

IBM Supply Chain Blog

FEBRUARY 14, 2024

When thinking of artificial intelligence (AI) use cases, the question might be asked: What won’t AI be able to do? The easy answer is mostly manual labor, although the day might come when much of what is now manual labor will be accomplished by robotic devices controlled by AI. We’re all amazed by what AI can do.

Real-time Visibility

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Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy

JANUARY 19, 2024

What's Planergy? Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. Taking your time throughout the process ensures you get the best possible match. What is Vendor Analysis? Modern Spend Management and Accounts Payable software.

Vendor management

Vendor management Suppliers Quality Supply Chain Efficiency

Webinars

The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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Office Management: What Is It, Roles, Best Practices Guide, and More

Planergy

AUGUST 18, 2023

Download Free Copy Office Management: What Is It, Roles, Best Practices Guide, and More Written by Rob Biedron 19 min read HR Management & Leadership Download PDF IN THIS ARTICLE What Is Office Management? What Is Office Management? Office management refers to the administration of key processes related to running an office.

Management

Management Budget Collaboration Spend management

Office Management: What Is It, Roles, Best Practices Guide, and More

Planergy

AUGUST 18, 2023

Download Free Copy Office Management: What Is It, Roles, Best Practices Guide, and More Written by Rob Biedron 19 min read HR Management & Leadership Download PDF IN THIS ARTICLE What Is Office Management? What Is Office Management? Office management refers to the administration of key processes related to running an office.

Management

Management Budget Collaboration Spend management

Intelligent Supply Chain Technologies for the Future!

Supply Chain Game Changer

APRIL 29, 2021

What changes can we expect in the supply chain industry in 2021 and beyond? Technological advancement will work as a catalyst in digitizing supply chain management, bring about changes in the existing system of delivering products and services, and overhaul the process of generating and sharing data across a more diverse set of functions.

Supply Chain Optimization

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

Top 5 common procurement myths about AI

Zycus Cognitive Procurement

DECEMBER 11, 2020

Common procurement myths about the use of AI in procurement are widespread today in the age of AI and automation. According to a Hackett group report, 46% of procurement leaders plan major investments in AI to improve their procurement processes.

Procurement

Procurement Data Procurement strategies Management

Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

SupplyShift

NOVEMBER 12, 2021

If you have a great program out there, just go find them and tag along.” 2) Procurement is in a prime position to drive sustainable change. A theme that emerged throughout many sessions was the importance of the procurement function in normalizing supply chain sustainability. Sustainability is an existential challenge.

supply chain budgeting

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain

Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

SupplyShift

NOVEMBER 12, 2021

If you have a great program out there, just go find them and tag along.”. 2) Procurement is in a prime position to drive sustainable change. A theme that emerged throughout many sessions was the importance of the procurement function in normalizing supply chain sustainability. . Key Takeaways. Need a little inspiration?

supply chain budgeting

supply chain budgeting Sustainability Supply Chain Efficiency Supply chain

7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! Initiatives are being put in place to make these statements a reality, but are these organizations agile enough to shift strategies, process and operations — for real? Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here!

Procurement

Procurement Procurement team Supply Chain Efficiency Innovation

Construction Management Applications for Independent Contractors!

Supply Chain Game Changer

SEPTEMBER 16, 2022

Some of the key processes you might encounter in a construction project include planning, budget tracking, time tracking for payrolls, scheduling, team collaboration for communication and file sharing, design, proposal creation, cost estimations, and managing approvals, among others. ClockShark. EZOfficeInventory. Monday.com.

Management

Management Project management supply chain software solutions supply chain budgeting

Asset lifecycle management best practices: Building a strategy for success

IBM Supply Chain Blog

JULY 5, 2023

What is an asset? What is asset lifecycle management (ALM)? With a good digital twin, it’s possible to predict how an asset will perform under certain conditions and what it’s projected lifespan will be. Read this blog post to explore how digital twins can help you optimize your asset performance.

Strategy

Strategy Real-time Visibility Management Data

The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Make The make phase refers to manufacturing processes that transform raw materials into finished products.

Agile and Lean Supply Chain

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

Procurement process automation: Top 5 workflows you need to automate

Procurify

JULY 18, 2022

Like so many business workflows, the procure-to-pay (P2P) process is a minefield of potential errors, avoidable costs and delays. However, less than 50% of procurement workflows are currently being automated. . Enter procurement process automation. . What is procurement process automation?

Procurement

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How to choose the best enterprise asset management software

IBM Supply Chain Blog

AUGUST 8, 2023

Asset tracking: Use asset tracking technologies, such as barcodes or RFID tags, to monitor asset movement and location. Implement a structured approach to procurement, utilization, maintenance planning and retirement. What to look for Identifying the best EAM software involves a number of variables.

supply chain software solutions

supply chain software solutions Real-time Visibility Management Supply Chain Optimization

Blockchain: The Technology Reshaping SCM!

Supply Chain Game Changer

NOVEMBER 23, 2018

Blog post originally created and published by, and permission to publish here provided by, Sam Jenks at [link] . Check out What Exactly is Blockchain? especially procurement and logistics?—?in Simply put… Blockchain is on the brink of a majorly blowing up, and everyone wants to see what the hype is all about.

Supply Chain Efficiency

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

Purchasing & Procurement Zone

Asset lifecycle management strategy: What’s the best approach for your business?

The most valuable AI use cases for business

Webinars

Trending Sources

Vendor Analysis: What Is It, Process, Types, and Best Practices

Webinars

Office Management: What Is It, Roles, Best Practices Guide, and More

Office Management: What Is It, Roles, Best Practices Guide, and More

Intelligent Supply Chain Technologies for the Future!

Top 5 common procurement myths about AI

Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

7 Trending Business Practices Disrupting Procurement!

Construction Management Applications for Independent Contractors!

Asset lifecycle management best practices: Building a strategy for success

The Supply Chain Management Playbook: Your Game Plan for Operational Success

Procurement process automation: Top 5 workflows you need to automate

How to choose the best enterprise asset management software

Blockchain: The Technology Reshaping SCM!

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