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.

Strategy 52

Strategy Buyers Real-time Visibility Data 52

Spend Matters

JANUARY 30, 2023

Categories: Procurement Strategy & Planning , Supply Chain Visibility Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Portcast and its solution for cargo tracking. It is a data-first company that prides itself on near-instant updates and exceptional logistics visibility.

Real-time Visibility 78

Real-time Visibility Supply Chain Visibility Procurement strategies Logistics 78

Supply Chain Game Changer

SEPTEMBER 6, 2022

A company with an efficient order fulfilment strategy can eliminate costly mistakes, reduce shipping expenses, and save resources. 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

Pipefy

JANUARY 11, 2023

What is a procurement transformation strategy? A procurement strategy creates a sustainable and agile plan for improving procurement processes , increasing procurement efficiency, building better supplier relationships, and generating additional long-term cost savings for the business. Time-consuming invoice reconciliation (28%).

Strategy 52

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

ivalua

MARCH 27, 2023

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? The time is now – let’s get an action plan together! What are the implications?

Procurement strategies 130

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

The Thomas Blog

JANUARY 16, 2024

The top three strategies for effective small business lead generation include content marketing, social media marketing, and networking and partnerships. This improves the company’s online visibility, helps it reach a wider audience, and enhances its authority and credibility within that niche.

Real-time Visibility 52

Real-time Visibility Buyers Strategy Networking 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

The Thomas Blog

AUGUST 15, 2022

You need to align your strategy of bringing in new clients with how you're planning to expand into new markets, work at capacity, and expand your company. Industrial marketing can help you create a competitive strategy and drive financial success. The Basics Of Content Marketing (With Ideas That Engage B2B Buyers).

Buyers 143

Buyers Real-time Visibility Purchasing Strategy 143

ivalua

SEPTEMBER 19, 2022

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. More robust contingency plans that complement current strategies might suffice. .

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

Una

OCTOBER 25, 2022

Once the relevant information has been collected, you’ll be able to prioritize how best to direct your resources and time. Instead, they’ll be able to spend more time nurturing the relationships that really matter. Internal buyers consider existing processes to be too tedious and/or confusing.

Supply Chain Efficiency 105

Supply Chain Efficiency Procurement Purchase orders Real-time Visibility 105

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. However, they could probably leverage their great buyers in a better way by having proper data delivered to them upfront and allowing them to identify the most strategic new projects.

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 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. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. Financial, etc.).

Agile and Lean Supply Chain 173

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

ivalua

MARCH 9, 2023

The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. The Benefits of Source-to-Pay The market for S2P has evolved significantly in recent years, becoming an essential component of procurement strategy for most companies.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

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

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 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. Horizontal Collaboration .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

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

Procurement Insights

AUGUST 30, 2023

They say that, like truth, good ideas stand the test of time. In this test case, the public sector organization realized a year-over-year 23% cost of goods savings for seven consecutive years while simultaneously reducing the number of buyers required to manage the contract to 3 from an original 23.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

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. Bobby has a Bachelor of Science, Entrepreneurship and Communications degree from Miami University.

Demand 52

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

SupplyShift

MARCH 1, 2018

However, achieving transparency at first appears to be a daunting task, as most companies have little to no visibility of their supply chains beyond their direct suppliers. With this, companies can engage with their suppliers and improve responsible sourcing strategies.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Strategy Real-time Visibility 52

ivalua

FEBRUARY 25, 2021

What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? Best-in-class solutions do a better job of capturing usage data for healthcare products at the time of patient use. They both do the same thing, or do they?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

The Thomas Blog

JUNE 22, 2022

To start, industrial businesses will need an effective online marketing and sales strategy to help them achieve their business goals — because the B2B buyer behavior has changed. Buyers want to know as much about you as they can to help answer these questions: Are you reliable? Be Where Buyers Search For New Suppliers.

Buyers 64

Buyers Real-time Visibility supply chain budgeting Supply Chain Efficiency 64

Let's Talk Supply Chain

JUNE 15, 2023

Will my deliveries reach my customers on time? Creating something from the ground up also needs time. Purchasing last-mile technology nearly always guarantees faster deployment times and reduced capital expenditure. Efficient routing can help reduce delivery time, and fuel costs, and improve overall productivity.

Route optimization 98

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

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

Procurement Tactics

JUNE 26, 2023

Social Media Trends Instagram, TikTok, Facebook, and Pinterest are the best channels that offer real-time trending products to sell. Analyze Competitors Competitor stalking is a great way to enhance your marketing strategy. These tips will likely change over time so constant research and informed decisions will play a big part.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

SupplyShift

MARCH 1, 2018

However, achieving transparency at first appears to be a daunting task, as most companies have little to no visibility of their supply chains beyond their direct suppliers. With this, companies can engage with their suppliers and improve responsible sourcing strategies.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Strategy Real-time Visibility 40

Procurement Software

FEBRUARY 20, 2024

It’s built by an experienced team of sourcing professionals and consultants who have spent decades developing cost optimisation strategies for world-renowned brands. The tool can continually generate and revise strategies across categories. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Arkestro

AUGUST 1, 2022

For the longest time, the procurement scale has tipped in favor of the buyer. The leverage buyers once used against suppliers is no longer working in the current global inflationary economy. Some of these include annual pricing reductions, extended payment terms, and the lack of visibility and profit-sharing.

Supplier relationship management 52

Supplier relationship management Suppliers Management Buyers 52

Supply Chain Game Changer

AUGUST 24, 2021

Stand Out Digital Supply Chain Strategies! In case you haven’t implemented this service for faxing online , it might be high time you try the technology, by opening an online portal from a web fax service provider. It’s said that they may help reduce labor costs and boost production time. Subscribe Here! Email Address.

Supply Chain Optimization 119

Supply Chain Optimization Supply Chain Efficiency Supply chain Real-time Visibility 119

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

Let's Talk Supply Chain

MAY 14, 2023

Flexport is building the platform for global logistics, empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Guest bio: Will Urban is Chief Revenue Officer at Flexport, where he’s responsible for driving go-to-market strategy and maximizing the value Flexport delivers to clients.

e2e 59

e2e supply chain budgeting Supply Chain Optimization supply chain software solutions 59

Procurement Tactics

NOVEMBER 14, 2022

An example of a Retail Supply Chain from the founder of Procurement Tactics: “In my period as Procurement Manager for Ahold Delhaize, I learned that there is a strong link between the performance of buyers and the supply chain. Additionally, you will get real-time visibility into all areas of your business.

Retail Supply Chain 190

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

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

Positive Purchasing

MAY 9, 2023

Once we knew what we had, we could start to think about coordinating and bringing together all the data points that would allow our buyers to make different data-based decisions and possibly act quicker. Want to Know What Your Buyers Need? Explore areas that allow you to extract real value. We have addressed this in two ways.

Procurement 52

Procurement Buyers Real-time Visibility supply chain budgeting 52

Pipefy

NOVEMBER 24, 2023

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. Businesses, therefore, should select the product that best aligns with their procurement requirements and business strategy. The features of these solutions can vary widely.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 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 86

Procurement solutions Procurement supply chain budgeting Real-time Visibility 86

IBM Supply Chain Blog

FEBRUARY 12, 2024

Businesses that place the emotional needs of the buyer persona at the forefront of the customer experience strategy fosters great relationships. Here are seven customer experience trends that can help business leaders elevate their companies and improve their CX strategies.

Sustainability 75

Sustainability Strategy Real-time Visibility Data 75