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. Risk & Performance Management. 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

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. 7 Emerging Supply Chain Risks. Streamlined cross-border trade.

Supply Chain Efficiency 98

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

Spend Matters

MAY 8, 2023

The intention is that by creating a user-centric collaboration layer between buyers and suppliers on top of the Coupa platform and infrastructure, the solution will streamline and enhance collaboration while decreasing operational business risks. Coupa is not releasing all of the above at the same time.

Spend management 75

Spend management Management Real-time Visibility Collaboration 75

Spend Matters

OCTOBER 10, 2022

Categories: Accounts Payable , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the AP automation vendor OpenEnvoy and its real-time AP automation solution. This can lead to unnecessary spend and can limit visibility of invoice records. Read more. ).

Real-time Visibility 55

Real-time Visibility Logistics Buyers Data 55

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. Benefits of Supply Chain Collaboration.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

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.

Agile and Lean Supply Chain 219

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

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

Zycus Cognitive Procurement

SEPTEMBER 28, 2022

A 3-way invoice matching process is a way to make payments pledged to the suppliers while shielding the business from any sort of risk of unnecessary spending. Time-consuming – The entire process from receiving the PO to making the payment can take up to 30 days. This lack of visibility can lead to inefficiencies in the process.

Real-time Visibility 40

Real-time Visibility Purchase orders Purchasing Suppliers 40

HICX

MAY 12, 2023

Particularly around risk listening. 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.

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 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

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

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

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 risk. Managing costs.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Heads

JULY 27, 2022

It is really important that those lessons, the understanding of dual sourcing, low-cost country sourcing and all of the mix of what was talked about a lot 10 years ago is re-understood and the relevant risks mitigated. . The Buyer has to be able to ask what they are doing to make their company the preferred customer.

Buyers 130

Buyers Sustainability Procurement Real-time Visibility 130

Pipefy

JANUARY 9, 2023

Supply chain risks heightened by geopolitical conflict. What all of these obstacles have made clear is that process resilience and long-term procurement strategies are essential for mitigating future risks. Among global workers, stress has (once again) reached an all-time high. Time-consuming invoice reconciliation (28%).

Agile and Lean Supply Chain 59

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

Supply Chain Game Changer

MAY 23, 2022

With reduced duplication of effort and time-saving, knowledge is more effectively utilized. Access to knowledge and expertise also increases employee participation, commitment, and loyalty since they do not need to spend time searching for answers or resources. Improves real-time decision making for efficient supply chain management.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

Supply Chain Game Changer

SEPTEMBER 28, 2022

Make Your Website Visible and Trustworthy! Thus a website is your strategic source of revenue and brand visibility , which are important considerations before redesigning your website. Still, as time passes, you might notice that your website enjoys fewer visits. Why Think about Redesign? How to Make Redesign Successful.

Real-time Visibility 85

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency supply chain software solutions 85

Arkestro

MAY 9, 2022

Ensure your company has a steady supply of what it needs to produce its end product on time and at the lowest possible price. In a March 2022 article in The Harvard Business Review titled “ Are the Risks of Global Supply Chains Starting to Outweigh the Rewards?” Onboarding takes time, including training and deployment.

Procurement 52

Procurement supply chain software solutions Supply Chain Optimization Real-time Visibility 52

Finale Inventory

SEPTEMBER 2, 2023

It can save time and prevent costly, consequential mistakes for businesses in this revenue category. Reduces chances of bad decision-making or risks Accurate accounting has a crucial role in preventing bad decision-making and minimizing risks. Well-kept books give visibility to your company’s financial performance.

Real-time Visibility 52

Real-time Visibility Inventory Risk Buyers 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

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

SupplyShift

JUNE 24, 2021

To fully measure and manage supply chain ESG risks, businesses need a multi-tier approach. To learn more about why multi-tier visibility is so important, see our recent article. But let’s say you’re already committed to having visibility at every tier. Where do you start? Set Clear Expectations First, take small steps.

Suppliers 52

Suppliers Real-time Visibility Supply Chain Efficiency Sustainability 52

SupplyShift

JUNE 24, 2021

To fully measure and manage supply chain ESG risks, businesses need a multi-tier approach. To learn more about why multi-tier visibility is so important, see our recent article. But let’s say you’re already committed to having visibility at every tier. Focus on the Biggest Risks. Where do you start?

Suppliers 52

Suppliers Real-time Visibility Supply Chain Efficiency Sustainability 52

EazyStock

NOVEMBER 17, 2022

Tips for inventory planning during Black Friday In the period leading up to Black Friday, buyers and warehouse planners must invest in stock that generates revenue without risking them becoming shelf warmers and increasing warehouse storage costs after the campaign period. This creates a need for systems that work in real-time.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

EazyStock

NOVEMBER 17, 2022

Tips for inventory planning during Black Friday. In the run-up to Black Friday and Black Week, buyers and warehouse planners must invest in stocks that generate revenue without risking them becoming shelf warmers and increasing warehouse storage costs after the campaign period. Update inventory levels in real-time.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

EazyStock

NOVEMBER 17, 2022

Tips for inventory planning during Black Friday. In the run-up to Black Friday and Black Week, buyers and warehouse planners must invest in stocks that generate revenue without risking them becoming shelf warmers and increasing warehouse storage costs after the campaign period. Update inventory levels in real-time.

Supply Chain Optimization 52

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

The Thomas Blog

APRIL 12, 2024

By targeting specific and segmented subgroups of an email list based on demographics, behaviors, or preferences, you can provide more personalized and relevant content and lower the risk of spam reactions. Use this as a feedback signal to refine your approach over time.

Strategy 52

Strategy Real-time Visibility Networking Buyers 52

Supply Chain Game Changer

MAY 12, 2021

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’. Dell’s attempts to lower costs, including bidding out the work three times during the eight-year relationship, ate into FedEx’s profits.

Negotiation 69

Negotiation Buyers Bidding Collaboration 69

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. It adds no intrinsic value.

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. It adds no intrinsic value.

supply chain software solutions 52

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

Claritum

FEBRUARY 4, 2020

Image of the 5 Steps to best practice Visibility, Control, Efficiencies, Savings and Creating value. Visibility. visibilityStep 1 is to get good spend visibility and understand what you are buying and how much you are spending across all your spend categories. Without visibility of spend you cannot progress.

Real-time Visibility 41

Real-time Visibility Procurement Supply Chain Efficiency Spend management 41

Zycus Cognitive Procurement

FEBRUARY 8, 2022

Consider yourself as a buyer with a need of some office supplies at your global headquarters; AI can assist your sourcing and procurement teams at every touchpoint in the procurement lifecycle, simplifying the buying process in the following ways-. So how does AI help solve the procurement puzzle ? . let’s go through some use cases-.

Real-time Visibility 40

Real-time Visibility Procurement Contract management Bidding 40

Arkestro

OCTOBER 29, 2023

Diversifying suppliers, implementing supply chain visibility tools, and monitoring supplier performance are all crucial for banishing any lingering fears about supply chain’s effect on the procurement process.

Procurement 52

Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

Pipefy

JANUARY 31, 2023

These are typically recurring or regular expenses that do not pose risks to the business. The report also found that of the top five biggest day-to-day pain points experienced by buyers, 29% reported complex approval processes. If this step is not centralized or if it’s being manually processed, it can become very time-consuming.

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

ivalua

AUGUST 5, 2020

This makes paying an invoice faster, simpler and on time. Ivalua’s e-invoicing software for Invoice to Pay transforms the accounts payable process and can deliver indisputable value in the form of less manual processes, reduced transaction costs, traceability and increased control over payment timing, and ultimately cost savings.

supply chain software solutions 130

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

Pipefy

JANUARY 11, 2023

A procurement transformation roadmap serves as a detailed brief of steps, timelines, risk planning, communication and collaboration needs or changes, and resources — whether it’s people or technology — that are required to achieve procurement transformation and sell the final vision to key stakeholders, such as leaders and procurement teams.

Strategy 52

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