Una

JANUARY 17, 2023

Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. That is why the most important gains in supply chain technology have been in the area of visibility. Smart contracts. Streamlined cross-border trade. Internet of Things (IoT).

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

ivalua

JUNE 29, 2020

I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Across this supply chain there is typically a lack of visibility due to siloed information and data. Share on Twitter.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

ivalua

DECEMBER 3, 2021

In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Through working with immediate and sub-tier suppliers to routinely monitor critical areas for improving sustainability, organisations can ensure they drive real improvements in environmental practices.

Supply Chain Efficiency 130

Supply Chain Efficiency Sustainability Supply chain Real-time Visibility 130

Procurement Heads

JANUARY 30, 2023

I am an IT Buyer and procure software and hardware. Procurement is more about contract management and negotiating great commercials for your business. IT procurement provides a lot more visibility to senior stakeholders within the business. CIPS is valuable because it allows you to apply your theory to the real world.

supply chain budgeting 130

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

The Thomas Blog

JANUARY 5, 2024

Spend the time to research and identify online directories that encompass your specific industry, niche, or target sector/demographic. Use highly targeted keywords in your directory listings so you’ll be more visible to searches. These leads will be further along in the buyer's journey, making them more convertible.

Strategy 52

Strategy Real-time Visibility Buyers Quality 52

Procurement Insights

SEPTEMBER 26, 2023

Meanwhile, our team gets inbound requests from two separate functions within the same organization looking for a solution to get more visibility and quality information on 1) existing suppliers already under contract and 2) fast access to alternative suppliers that can support immediate business needs.”

Real-time Visibility 52

Real-time Visibility Quality Contract Buyers 52

Spend Matters

JUNE 19, 2023

I have seen top performers with catalog content that includes volume/promotional pricing, real-time price checks, multi-currency, multilingual and custom or specialty attributes for industry-specific inventory data, which were also embedded into shopping lists and more.

Procurement solutions 87

Procurement solutions Procurement supply chain budgeting Real-time Visibility 87

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. To potential buyers — Everstream Analytics is able to monitor and map n-tier suppliers, providing an in-depth look into its customers' risk.

Risk management 73

Risk management Supply Chain Optimization Risk Supply chain 73

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. These negotiations take place in real time, with all prospective suppliers at once.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Procurement Tactics

DECEMBER 21, 2022

After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Thus, allowing you to know if your decision is right when the time comes you are going to collaborate in the supply chain. . Defining Supply Chain Collaboration. However, this idea turns out to be untrue.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Supply Chain Game Changer

MAY 12, 2021

We negotiate contracts, terms, and specifications in our professional lives and we negotiate dinner plans, curfews, and allowances in our private lives. You put time, energy, focus, and emotion into a negotiation, so naturally, you want to come out feeling as if you’ve done a good job, get a good price, or ‘won’.

Negotiation 69

Negotiation Buyers Bidding Collaboration 69

Pipefy

MAY 23, 2023

Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Empowering CPO

MAY 5, 2023

It is responsible for managing the entire process of acquiring goods and services, from identifying suppliers to ensuring timely deliveries. Traditional Procurement Methods Historically, procurement has been a manual and time-consuming process, relying heavily on paperwork, phone calls, and face-to-face meetings.

Supply Chain Efficiency 52

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

HICX

MAY 12, 2023

In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility. Buyers, he says, are spending a lot of time trying to get materials to their factories. Or, ‘how do you get real-time decision-making?’

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Jaggaer

JUNE 11, 2020

With the current global economic circumstances, it should come as no surprise that businesses across all industries are looking for real time solutions to aid their procurement process by identifying cost reduction and spend management opportunities as a priority. Spend analysis is a piece of the much larger field of spend management.

Real-time Visibility 52

Real-time Visibility Procurement Spend management Supply Chain Efficiency 52

Zycus Cognitive Procurement

FEBRUARY 8, 2022

To enable procurement teams to be more strategic, firms must put AI at the center of their arsenal and use it to assist with forecasting demand trends, optimizing bids for estimated savings, calculating supplier scores based on negotiated contract terms, monitoring budget performance, and much more. let’s go through some use cases-.

Real-time Visibility 40

Real-time Visibility Procurement Contract management Bidding 40

HICX

DECEMBER 15, 2022

After gaining experience, David went on to establish his own business, Procurated , which connects public sector buyers with peer-reviewed suppliers. He goes on to give an example of how not knowing about a company’s past performance could have had tragic consequences in the case of a contract awarded to a school bus company. .

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

Procurement Software

MARCH 11, 2022

Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard. Yet hardly any TRULY have a real grip on what they BUY. Every company knows what they sell. And yet they do.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

Procurement Software

MARCH 11, 2022

Supplier collaboration portals to drive innovation and real time project management without email or spreadsheets. Spend visibility i.e. through a spend analysis report or a spend analytics dashboard. Yet hardly any TRULY have a real grip on what they BUY. Every company knows what they sell. And yet they do.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility Raw materials 52

ivalua

AUGUST 5, 2020

Invoice to Pay sits at the end of a Procurement process that starts with a need, moves through selecting and contracting with a supplier and ends with delivery of goods or services. . This makes paying an invoice faster, simpler and on time. Invoice to Pay from Ivalua.

supply chain software solutions 130

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

Jaggaer

NOVEMBER 12, 2019

This has brought benefits but not sustainable value , especially when buyers have looked for “best-of-breed” point solutions with limited interoperability. A “wish list” was given in the area of supplier collaboration on the part of “mature procurement leaders”: Supplier enablement: accelerating time to value and driving supplier loyalty.

Collaboration 78

Collaboration Suppliers Data supply chain software solutions 78

Pipefy

JANUARY 31, 2023

The report also found that of the top five biggest day-to-day pain points experienced by buyers, 29% reported complex approval processes. This complexity creates headaches for procurement teams and fuels an error-prone and resource-consuming approval loop that obstructs visibility into the approval process.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Barkers Procurement

MAY 11, 2023

Choosing a good P2P software solution helps the organisation to enjoy greater compliance and control when it comes to vendors, contracts, regulations, buyers and accounts payable. E-invoicing capabilities Not all solutions will feature e-invoicing, but this useful feature helps ensure compliance and creates visibility.

Cost of ownership 52

Cost of ownership Real-time Visibility Purchase orders Procurement strategies 52

Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. I’ve worked for major manufacturers in CPG, Automotive, and Defense Contracting, and I can honestly say that some of the largest organizations are nowhere near accomplishing this.

Supply Chain Visibility 103

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

Claritum

NOVEMBER 23, 2017

Visibility. Businesses that use email for purchasing lack visibility of their spending. As all correspondence between buyer and seller is conducted via email, details such as specification, delivery details, price, contract terms and approvals are buried within an employees email account. We arranged a race.

Real-time Visibility 32

Real-time Visibility Procurement Buyers Negotiation 32

Procurement Software

MARCH 11, 2022

Many categories or contracts have never been interrogated by a procurement professional. And even if they have, then it’s often just in the form of a global frame contract issued by someone in corporate procurement. One time purchases (such as project spend) can take up a lot of procurement time. Eliminate maverick spend.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Many categories or contracts have never been interrogated by a procurement professional. And even if they have, then it’s often just in the form of a global frame contract issued by someone in corporate procurement. One time purchases (such as project spend) can take up a lot of procurement time. Eliminate maverick spend.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

ivalua

NOVEMBER 29, 2021

Lack of control or visibility into what is being spent and with which suppliers. Once you have visibility into your tail spend, you can look at patterns. We need to change the perception of procurement and create a beneficial user experience that lowers risk, reduces time and of course, cost. . Who purchased it.

Buyers 130

Buyers Real-time Visibility Procurement team Purchasing 130

Empowering CPO

MAY 31, 2023

However, SRM isn’t just about contracts and commerce—it’s about people. The main objective of SRM is to streamline and improve processes between a buyer and its suppliers. This could include measures of quality, delivery punctuality, adherence to terms of contracts, and more. The ultimate goal?

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing. But, it’s far more than just buying.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Claritum

JULY 5, 2018

Whether you are focused on controlled growth or cost efficiencies, the ability to measure what is occurring in real time is essential to making decisions. Procurement needs to have real time data on the entire supply chain. I’ve negotiated some preferred supplier contracts, but they struggle to gain adoption.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36

Claritum

JANUARY 25, 2019

By automating their business processes in functions such as finance, procurement and goods receiving and automating time-consuming, repetitive tasks SMEs stand to improve productivity which will help them gain competitive advantage. Including: Better Cash Flow associated with payments and inventory management.

Supply chain management 36

Supply chain management Supply chain management Supply Chain Efficiency Supply chain 36

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It starts with identifying the right suppliers for a need, sharing requirements and evaluating supplier offers, selecting the most appropriate supplier, negotiating terms and contracting with them to receive goods and/or services.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Procurement Software

JUNE 20, 2023

The contract management software market is hot right now. Organisations seem to have finally realised that they’ve suffered from having a “desk drawer” approach to contracts. Being able to manage your contracts in one place, author them, approve them and sign them is a massive productivity boost.

Contract management 52

Contract management Contract e2e Management 52

SCMDOJO

AUGUST 21, 2023

This extensive reach provides businesses with the opportunity to connect with various demographics and target markets, enabling them to broaden their brand’s visibility and potential customer base significantly. > Watch Now: 6 Characteristics to be a Good Buyer! >

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. 6 procurement technologies to improve your business Transform analog, manual, and paper-ridden processes with end-to-end digitization and automation to improve security, visibility, and control with these six procurement technologies.

Agile and Lean Supply Chain 52

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