Supply Chain Game Changer

SEPTEMBER 22, 2022

Subscribe to Supply Chain Game Changer. Without them, it will be more difficult to manage spending, control budgeting, vet your suppliers, and do what you need to do to get the most out of your procurement process. High-quality procurement software can be used for everything from Inventory management to budgeting.

supply chain budgeting 101

supply chain budgeting Real-time Visibility supply chain software solutions Procurement 101

Supply Chain Game Changer

JULY 21, 2021

Subscribe to Supply Chain Game Changer. Supply Chain KPIs article and permission to publish here provided by Harkirat Ahluwalia. KPI’s are not solely limited to supply chain, but are used in various different fields to measure how well a company is meeting its objectives. Customer Lead Time (Service).

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. Are you using any tools or solutions to help you manage your spend?

Price 264

Price Strategy Sourcing Real-time Visibility 264

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms? Benefits of No-code Platforms.

supply chain software solutions 109

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 109

Procurement Tactics

JULY 20, 2023

The supplier order management software integrates with other systems such as Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), and Supply Chain Management (SCM) to ensure a seamless flow of information across different departments. Establishing this system may require your time and effort.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

ivalua

FEBRUARY 27, 2023

How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supply chain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supply chain!

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

Procurement Tactics

MAY 31, 2023

Inventory control helps to avoid the various costs associated with purchasing excessive inventory and the strains of operating without sufficient inventory. If a company can lower inventory, it may discover new funds available for expansion or profits. Tips to Control Your Inventory 1.

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

EazyStock

SEPTEMBER 14, 2022

Since the effects of the Coronavirus pandemic hit businesses across the globe, supply chain digitalization has moved to the top of many boardroom agendas. As companies look to build resilient supply chains, they are turning to technology to mitigate the impact of future disruption. Supply chain execution software modules.

supply chain budgeting 52

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

Procurement Software

APRIL 23, 2024

Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. What sets Mithra-AI apart is its real-time, continuous visibility of spend data, coupled with proactive alerts for opportunities and risks.

supply chain software solutions 52

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

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Procurement Heads

JANUARY 30, 2023

You’ve previously worked on the supply chain side of retail, how much of a shift was it to procuring IT for a leading infrastructure company? Having said that supply chain was more so about the movement of goods ensuring that retail stores had sufficient stock to meet customer demand. Negotiation is a hobby for me.

supply chain budgeting 130

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

ivalua

JULY 16, 2020

According to the study, almost all (95%) UK businesses have plans in place to address environmental concerns in the supply chain over the next 12 months; however, given the impact of COVID-19 on business operations and budgets, many of these could be impacted. Lack of visibility slowing plans to tackle environmental concerns.

Sustainability 130

Sustainability Real-time Visibility supply chain budgeting Supply chain 130

IBM Supply Chain Blog

OCTOBER 3, 2023

Cloud costs are out of control, and teams spend too much time fixing instead of innovating. It’s time for IT to go from reactive to proactive and preventative. You’ll find automated full-stack visibility, one-second granularity and three seconds to notify.

Real-time Visibility 95

Real-time Visibility Cost optimization Budget Data 95

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. You can read more about demand forecasting techniques in our article.

supply chain software solutions 52

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

EazyStock

JANUARY 6, 2023

The supply chain world has been rocked repeatedly over the past few years due to global issues such as the Covid-19 pandemic, shipping container shortages, catastrophic weather events, and socioeconomic issues – many outside our control. Supply chain issues. Increased supply chain visibility.

supply chain software solutions 52

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

IBM Supply Chain Blog

AUGUST 16, 2023

There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market. As a result, IT budgets are experiencing decreases along with overall operational budgets.

Real-time Visibility 68

Real-time Visibility Budget Cost optimization Demand 68

Arkestro

JUNE 6, 2023

On the one side, finance is concerned with keeping the company budget in the black. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets. Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget.

Supply Chain Efficiency 52

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

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. You can unsubscribe at any time. Subscribe to news from Arkestro.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Spend Matters

JUNE 19, 2023

E-procurement IT solutions improve process automation, increase spending under management, reduce maverick spend, improve cross-functional process/data integration (e.g., budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 88

Procurement solutions Procurement supply chain budgeting Real-time Visibility 88

World of Procurement blog

MAY 10, 2024

Predicting future spend : By analyzing historical spend data, AI algorithms can create spending forecasts, predict seasonal demand changes, and model the impact of external factors on budgets. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. In summary, procurement is a strategic function focused on maximizing value, reducing costs, and building competitive advantage.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity.

supply chain software solutions 82

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 82

Procurement Tactics

JUNE 8, 2023

Reduction in processing time Warehouse automation makes processes faster and reduces the time spent on handling tasks. This saves a significant amount of time, especially when dealing with a large number of parcels. Many tasks in a warehouse are repetitive and take up a lot of time. Warehouse Automation Software 1.

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

The Procuretech Podcast

OCTOBER 3, 2022

In this episode, we're going to extend that a little bit and talk about supply chain. Democratising Supply Chain Training - Dr. Muddassir Ahmed from SCM Dojo . Today's guest is a big personality in the supply chain space: Dr. Muddassir Ahmed, CEO of SCM Dojo. . This takes consultation and a lot of time.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Planergy

JANUARY 26, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. They can include funding limitations, missed or late milestones, and cost overruns and may be linked to changes in the project scope.

Risk 52

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

IBM Supply Chain Blog

SEPTEMBER 19, 2023

For a long time, there wasn’t a good standard definition of observability that encompassed organizational needs while keeping the spirit of IT monitoring intact. It scales up to accommodate dynamic and distributed applications, allowing you to have full visibility across all your microservices, containers and serverless functions.

Real-time Visibility 86

Real-time Visibility Price Data Budget 86

Supply Chain Game Changer

JULY 14, 2021

Subscribe to Supply Chain Game Changer. At their root, these two roles coexist with conflicting purposes, but function stronger together than they do apart, as they are — at times — seemingly contrary forces that actually are complementary, interconnected, and interdependent in any business. Subscribe Here! Email Address.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

JUNE 26, 2023

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

Real-time Visibility 40

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

Planergy

MARCH 2, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency.

supply chain budgeting 52

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

Arkestro

FEBRUARY 15, 2023

Luckily, Artificial Intelligence (AI) solutions can help make automotive purchasing more reliable, by: Streamlining purchase orders Decreasing the oversight and time spent in workflows to manually review and verify mundane details in purchase orders and verify their accuracy.

Purchasing 52

Purchasing Purchase orders supply chain software solutions supply chain budgeting 52

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 96

Procurement strategies Innovation Strategy Procurement 96

ivalua

AUGUST 5, 2020

If this is done in a coordinated way, Invoice to Pay is more powerful than the traditional silo’s of Invoice software management, budget allocation and payments. This makes paying an invoice faster, simpler and on time. Advanced Accounts Payable Journey.

supply chain software solutions 130

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

Positive Purchasing

JULY 26, 2023

Here it is – take some time to look at it and how it flows, then read on. Typically, the board will deliberate for a short while then set a budget and timescale below that, identified and recommended in the study. Following further deliberation, a budget is usually agreed. To do this you need a plan.

Sustainability 52

Sustainability Procurement supply chain budgeting Supply Chain Efficiency 52

IBM Supply Chain Blog

JULY 5, 2023

Your IT team should consider these questions before, during and after your cloud implementation: How can we evaluate our cloud costs at all company levels and manage the allocation of costs at the organization and team levels? How will we provision our cloud resources and monitor and control spending over time?

Cost optimization 69

Cost optimization Real-time Visibility Price Budget 69

Supply Chain Game Changer

DECEMBER 18, 2019

Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain? Using supply chain collaboration technology, construction firms will see meaningful productivity gains. appeared first on Supply Chain Game Changer™. Subscribe Here! Email Address. As construction in the US is a $1.27

Collaboration 60

Collaboration Networking Supply Chain Efficiency Real-time Visibility 60

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147