SCMDOJO

JANUARY 17, 2024

With the increase in online purchases, especially after the health crisis of the COVID-19 pandemic, the eCommerce industry is booming like anything. The bad news is that almost 30% of online purchases are returned. Statistics revealed that 92% of buyers stick to the business if the return process is simple.

Supply Chain Efficiency 87

Supply Chain Efficiency Management Supply Chain Optimization Logistics 87

Supply Chain Game Changer

OCTOBER 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) But in the area of Supply Chain, which truly spans the entire operations of most any company, these technologies provide the platform to totally redefine how the work of Supply Chain is conducted every minute of every day.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Supply Chain Game Changer

MAY 5, 2021

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! As everyone in Supply Chain Management knows today, the field has come a long way. For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. Email Address.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 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. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Procurement Tactics

JULY 2, 2023

A formal contract document that contains the detailed requirement for purchasing and obtaining goods and services, a job order is utilized with a view to ensuring that the desired goods or services are acquired in an orderly and efficient way. There are various tools and software that provide a template to create a job order document.

supply chain budgeting 184

supply chain budgeting Supply Chain Efficiency Negotiation Budget 184

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

World of Procurement blog

MAY 23, 2024

To gain operational efficiencies by standardising and simplifying purchasing processes across fewer supplier relationships. To mitigate supply chain risks and improve business continuity by reducing dependence on many small suppliers. Having capacity contingencies is ideal to mitigate supply chain risks.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

Procurement Software

MARCH 11, 2022

And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

Supply Chain Efficiency 72

Supply Chain Efficiency supply chain software solutions Procurement Category management 72

Procurement Tactics

JUNE 28, 2023

Commodity Trading is also a vital aspect of the Global Economy; Providing price discovery, risk management, and efficient resource allocation. Furthermore, it provides transparency when it comes to pricing trends as it focuses on the law of supply and demand Different Ways Commodities can be Traded 1.

Raw materials 178

Raw materials Supply Chain Efficiency Price Market analysis 178

Spend Matters

OCTOBER 24, 2023

Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000. Our flagship product, Onventis Buyer cloud software, stands as a comprehensive procurement system designed to empower organizations across all aspects of procurement.

Procurement solutions 84

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 84

Supply Chain Game Changer

DECEMBER 9, 2020

Subscribe to Supply Chain Game Changer. 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. After implementing that solution, you look thoughtfully at the other systems your operations require.

Inventory 98

Inventory supply chain software solutions Management Supply Chain Optimization 98

Procurement Software

MARCH 11, 2022

And yet, poor operational efficiency in Procurement means that the typical Category Manager often spends at least a THIRD of their time performing “busy work” This is not an effective or efficient use of their time. Sustainability initiatives within the supply chain. Reductions in energy or material consumption.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement Category management 52

IBM Supply Chain Blog

MAY 17, 2024

And these technologies provide brands with intelligent tools, enabling more productivity and efficiency than was possible even five years ago. Only 14% of surveyed consumers described themselves as “satisfied” with their experience purchasing goods online. AI models analyze vast amounts of data quickly and accurately.

Supply Chain Efficiency 69

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 69

Pipefy

DECEMBER 20, 2023

The result is greater supply chain predictability, more accurate decision-making, and better business agility. However, the successful execution of a strategic procurement process can streamline and even simplify decisions for operational purchases required for businesses. What is strategic procurement?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Purchasing: Purchasing is the act of buying goods or services from suppliers or vendors.

Procurement 98

Procurement Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 98

Procurement Tactics

JULY 14, 2022

Procurement executives are known as purchasing agents or buyers in some organizations. Purchasing agents are responsible for negotiating and evaluating with the suppliers. Purchasing agents are tasked with sourcing direct and indirect materials requested by different departments in an organization. .

Procurement 130

Procurement Purchase orders Purchasing Negotiation 130

Procurement Software

MARCH 11, 2022

Here are just a few examples of how top procurement software solutions can move the needle and drive better results from your existing procurement team. Purchase to pay software with a mobile-first interface that busy stakeholders actually enjoy using. This is crazy. This is operational, day-to-day work.

supply chain software solutions 52

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

Procurement Software

MARCH 11, 2022

Here are just a few examples of how top procurement software solutions can move the needle and drive better results from your existing procurement team. Purchase to pay software with a mobile-first interface that busy stakeholders actually enjoy using. This is crazy. This is operational, day-to-day work.

supply chain software solutions 52

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

Arkestro

SEPTEMBER 5, 2023

In this blog, Arkestro sat down with Jeoff Burris, the Founder and Principal of Advanced Purchasing Dynamics and Procure-Force solution team member, to get his thoughts on hot button topics such as: supply chain disruptions, quote fatigue, managing costs, and more – that are top of mind for automotive procurement teams.

Procurement 52

Procurement supply chain software solutions supply chain budgeting Buyers 52

The Procuretech Podcast

MARCH 15, 2022

Today is a very proud and special day for me as I launch our new venture: Procurement Software. I've listed 10 reasons why I believe that Procurement Software provides a solution that nobody else out there is offering.here goes: 1. We don't charge any subscription to buyers. More transparency. User Friendly.

supply chain software solutions 52

supply chain software solutions Procurement Supply Chain Efficiency Market knowledge 52

Let's Talk Supply Chain

JUNE 15, 2023

Buy vs Build Before companies dive into implementing last-mile delivery technology for their business, they must carefully consider whether building their own or purchasing existing technology makes the most sense. Purchasing last-mile technology nearly always guarantees faster deployment times and reduced capital expenditure.

Route optimization 98

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

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. A recent survey of procurement and supply chain leaders found that 32% of procurement teams admitted to cutting corners with their sourcing criteria and suppliers to secure supply. Complex purchasing systems (31%). Uncertain global markets.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Procurement Procurement team Supply Chain Efficiency 59

Supply Chain Game Changer

NOVEMBER 15, 2018

Mingling with procurement professionals, sourcing experts, category gurus and purchasing managers under the day gave me an incredible insight into daily challenges and pain points regarding their digital procurement strategies. A New Kind of Transparency. Source and purchase goods and services from anywhere?—?around

Supply Chain Efficiency 53

Supply Chain Efficiency supply chain software solutions Procurement Procurement team 53

SCMDOJO

MAY 18, 2023

The following is a business case highlighting the background, context and value proposition of SCMDOJO’s Expert Marketplace, a platform designed to connect businesses with specialized Supply Chain Expert Services. It is within this context that SCMDOJO’s Expert Marketplace was conceived.

Supply Chain Efficiency 101

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 101

Una

JANUARY 1, 2024

There are dozens of excellent survey software alternatives on the market, ranging from webpage pop-ups to app-based mobile surveys and plug-ins for platforms like Slack and Teams. Identify your serial mavericks – those who consistently purchase without following procurement policy – and approach them for a chat. Leverage technology.

Procurement 52

Procurement supply chain software solutions Contract Suppliers 52

EazyStock

NOVEMBER 17, 2022

This year, purchasing teams are also facing continued challenges due to global supply chain and logistics pressures, component shortages, and soaring prices for electricity and fuel. Inventory, POS, shipping, web shops, and accounting software must be able to keep up to avoid lost revenue.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Inventory Real-time Visibility 52

Pipefy

JANUARY 11, 2023

The need for efficient and error-proof procurement processes has never been greater. Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . Complex purchasing systems (31%). Complex approval processes (29%).

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Below we’ll cover digital procurement solutions, essential features, and their benefits for optimized digital procurement workflows.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Spend Matters

OCTOBER 3, 2023

One quarter of buyers are spending the equivalent of one day every week researching IT purchases. We asked Ian Nethercot, head of supply chain: What are the buyers’ asks, what are their challenges and how can they be addressed? PO approval software is one of the areas of tech that Spend Matters tracks.

Procurement 75

Procurement Price Buyers supply chain budgeting 75

ivalua

AUGUST 5, 2020

Invoice to Pay is a request for payment by a supplier, and technology helps to make this simple, fast and more efficient for the Supplier and the Accounts Payable team. 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.

supply chain software solutions 130

supply chain software solutions Real-time Visibility Suppliers Networking 130

Procurement Software

MARCH 19, 2024

It will take time before we have dedicated generative AI-driven procurement software. Examples here are: Drafting routine RFP documents Non-disclosure agreements Frame contracts Procurement policies and procedures So, in summary, the current use cases are more focused on time and efficiency savings.

Procurement 52

Procurement Category management supply chain software solutions Data 52

Zycus Cognitive Procurement

FEBRUARY 14, 2022

The first step to building a resilient supply chain is strengthening your relationships with suppliers. The slow supply chain recovery post-pandemic, along with increased volatility and disruptions due to factors like climate change – means key partnerships can make or break your business moving into the new year.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Supply Chain Game Changer

FEBRUARY 12, 2019

Imagining the Supply Chain of the Future! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer.

Leadership 50

Leadership Supply Chain Efficiency supply chain software solutions Supply chain 50

Planergy

OCTOBER 20, 2022

Sourcing Supply Chain Management. RFX – request for X – can refer to any request a buyer issues a vendor – thereby applying to any of these documents. Buyers can provide information about prices, quality, delivery times, and other important factors when purchasing. Lyle Del Vecchio. 15 min read.

Buyers 52

Buyers Supply Chain Efficiency Suppliers Price 52

Procurement Software

MARCH 11, 2022

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52

Procurement Software

MARCH 11, 2022

Despite the movement towards a broader value-driven view of procurement excellence and how we contribute to the wider business (people, planet, profit), the reality is that even though there is a tacit, newly found appreciation that buyers deliver more than just bottom line savings, it often isn’t reflected in their annual objectives.

Procurement 52

Procurement supply chain budgeting Price Negotiation 52