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

Supply Chain Game Changer

DECEMBER 9, 2020

What is Product (or Master) Data Management? The following Product Information Management (PIM) article was written by guest author Alex Borzo, a content contributor at Amber Engine , a software company passionate about eCommerce. Inventory management starts with the fundamental in and out of your supply chain.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

ivalua

MAY 19, 2022

By removing the friction in global supply chains, for the first time, the payment and the sourcing event are seamlessly linked. This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

TYA Suite

MAY 14, 2023

Inventory management or inventory control is the process of monitoring the warehouse of a business to ensure that the stock is being used at the optimum level and is managed well. Before we walk you through, let’s understand the importance of inventory management. So without any delay, let’s get started!

Inventory 52

Inventory Real-time Visibility Management Supply Chain Efficiency 52

Let's Talk Supply Chain

AUGUST 28, 2022

Cargo Chief enables 3PLs and freight brokers to expand their carrier network, gain visibility into real-time pricing, and streamline their processes. As businesses look to scale and grow, we offer a three-pronged approach of technology and automation… training, strategy and coaching, and a co-managed talent offering.”.

Real-time Visibility 98

Real-time Visibility Price Collaboration Supply Chain Efficiency 98

Supply Chain Game Changer

SEPTEMBER 6, 2022

This activity includes collecting and storing inventory, fulfilling orders, and managing the post-sales process. For example, when a customer orders an item through your online shop, you must ship it to the buyer within a specific time frame to avoid cancellation. Enable End-To-End Order Visibility.

Order Fulfillment 94

Order Fulfillment Supply Chain Efficiency e2e Real-time Visibility 94

Arkestro

FEBRUARY 6, 2024

Our team traveled to Asia to train 25 of the organization’s employees (including buyers and sourcing managers) on how PPO can be applied in their specific circumstances. Supplier and Buyer Engagement In India, our team worked to train over 15 buyers. You can unsubscribe at any time. The results were immediate.

Competitive bidding 52

Competitive bidding Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Tactics

NOVEMBER 14, 2022

We will also tackle retail supply chain management and its importance. Additionally, we will give you an example of a retail supply chain and how to improve your retail supply chain management amidst the challenges. . What is Retail Supply Chain Management? The Importance of Retail Supply Chain Management.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups. Automated Buyer verification .

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

Una

JANUARY 17, 2023

Spare a thought for supply chain managers during the Age of Sail. That is why the most important gains in supply chain technology have been in the area of visibility. Supply chains can grind to a halt due to the need to comply with time-consuming and complex regulations including customs and import/export laws. Smart contracts.

Supply Chain Efficiency 98

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

Procurement Heads

JANUARY 30, 2023

I am an IT Buyer and procure software and hardware. My role also involves ad-hoc IT renewals and managing this process. 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.

supply chain budgeting 130

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

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. There are many supply chain management lessons to learn from the Covid-19 crisis.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

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

Let's Talk Supply Chain

JUNE 15, 2023

Will my deliveries reach my customers on time? How do I manage my fleet? Creating something from the ground up also needs time. Purchasing last-mile technology nearly always guarantees faster deployment times and reduced capital expenditure. It’s a challenge that shippers and carriers worldwide are battling every day.

Route optimization 98

Route optimization Real-time Visibility Supply Chain Efficiency Supply Chain Optimization 98

Let's Talk Supply Chain

AUGUST 7, 2022

IN THIS EPISODE WE DISCUSS: [06.41] Erik’s founder story, and the journey that led him to “experience the tension between small suppliers and giant buyers” first hand, and establish Orderful. “I The biggest problem isn’t the technology itself – it’s getting two companies to collaborate to get the job done.”.

supply chain software solutions 98

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

Let's Talk Supply Chain

OCTOBER 2, 2023

As the Senior Director – Marketplace, Bobby is responsible for expanding the buyer and supplier communities on the marketplace across the continental US. In his spare time, he enjoys golf and boating. 32.37] How SecurSpace’s gate management solution enhances their offering. At the driver level, they’re able to be paid more.

Demand 52

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

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 Ivalua Spend Management Insights [ivory-search] Wake Up AP, Before it’s Too Late! The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. The time is now – let’s get an action plan together!

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

The Procuretech Podcast

MARCH 31, 2020

Tarmo Saidla joins me from Procurement Flow, an Estonian startup focusing on: Making workflows more visible for procurement and requisitioners Keeping budgets under control for CFOs Allowing project managers to keep track in real time of what in the process their requisitions for materials and services are at.

Real-time Visibility 40

Real-time Visibility Procurement Management Buyers 40

The Thomas Blog

JANUARY 16, 2024

This improves the company’s online visibility, helps it reach a wider audience, and enhances its authority and credibility within that niche. Thomasnet is an authoritative niche directory in the industrial and manufacturing sector that connects suppliers and buyers. They may not yield the expected results unless managed with expertise.

Real-time Visibility 52

Real-time Visibility Buyers Strategy Networking 52

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 Collaborator

MARCH 16, 2020

Here are three reasons why logistics management software like TMS, YMS Freight Audit and others is essential to the survival of business during events like global pandemic. So how does logistics management software prepare shippers to accommodate any business environment – even those that materialize in the wake of unexpected events?

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. Automating or simplifying this process can capture a lot of purchases in their net that were previously not being actively managed by Procurement.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Software

MARCH 11, 2022

Instead of looking at direct materials and purchased parts, the hidden opportunity is often found in effective tail spend management. The best opportunities now lie in tail spend management. Automating or simplifying this process can capture a lot of purchases in their net that were previously not being actively managed by Procurement.

Spend management 52

Spend management Management Real-time Visibility Competitive bidding 52

Procurement Tactics

MARCH 27, 2023

Although it always relates to demand and sales projections, forecasting can also be used to determine product pricing, lead times, labor needs, and more. The integration of AI into forecasting improves accuracy, saves more money, and helps businesses react to exceptions in real-time.

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

Empowering CPO

MAY 31, 2023

Introduction In today’s interconnected world of business, Supplier Relationship Management (SRM) stands as a pillar of success for organizations across the globe. It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 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

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

SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 75

The Thomas Blog

JANUARY 5, 2024

It is someone who could become a customer—a person or organization that sales professionals identify as a likely buyer or client for a specific brand, product, or company. Segment Your Leads: Segment leads based on the buyer's journey stages: awareness, consideration, and decision. This is the qualifying step.

Strategy 52

Strategy Buyers Real-time Visibility Data 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 87

Procurement solutions Procurement supply chain budgeting Real-time Visibility 87

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. In essence, procurement serves as the backbone of an organization’s supply chain, contributing to cost savings, risk management, and supplier relationship management.

Supply Chain Efficiency 52

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

Zycus Cognitive Procurement

SEPTEMBER 28, 2022

Time-consuming – The entire process from receiving the PO to making the payment can take up to 30 days. And a big chunk of this time is spent on manually matching the invoices with the PO. Lack of visibility – Since the entire process is manual, it is difficult to track the status of invoices and payments. Time savings – .

Real-time Visibility 40

Real-time Visibility Purchase orders Purchasing Suppliers 40

The Thomas Blog

APRIL 12, 2024

By continuously testing and optimizing campaign elements such as subject lines, email design, send times, and CTAs, you’ll improve performance and effectiveness. Share valuable content, participate in relevant groups, and engage with prospects' posts to build your network, visibility, and credibility.

Strategy 52

Strategy Real-time Visibility Networking Buyers 52

HICX

MAY 12, 2023

For example, the master data is now in place and they have managed to eliminate over 1,000 spreadsheets and reports over the past three years.  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.

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

ivalua

MARCH 28, 2019

The huge growth in the use of technology has been the most visible part of that developing picture. Outside the technology field, we have also seen “science” come to the fore in terms of codifying processes such as Category Management. However, we would stress that doesn’t mean forgetting the science and (of course) the technology.

Procurement 167

Procurement Agile and Lean Supply Chain Real-time Visibility Innovation 167