ivalua

SEPTEMBER 19, 2022

Loss of sales and market share are the most visible and measurable impacts. Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

Supply Chain Game Changer

SEPTEMBER 6, 2022

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. If possible, you should also consider investing in warehouse management software to help you track inventory and boost the efficiency of your inventory management processes.

Order Fulfillment 94

Order Fulfillment Supply Chain Efficiency e2e Real-time Visibility 94

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. Supplier Data Quality & Management in Decision Making. Supplier Data Quality & Management in Decision Making.

Agile and Lean Supply Chain 173

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

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

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. . Ultimate Supplier Plotting Checklist 2023. Enhanced ethical standards.

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

ivalua

MARCH 27, 2023

The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. Europe will join Latin America, India, China, and other countries already on the path to real-time tax collection. Instant invoice approval, no supplier inquiries, and no exceptions.

Procurement strategies 130

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

SupplyShift

JUNE 24, 2021

Organizations big and small rely heavily on hundreds—if not thousands—of different suppliers around the globe. In this type of supply chain ecosystem, companies must understand sustainability performance of not only their tier-one suppliers, but also their second, third, and fourth tier suppliers and beyond. Where do you start?

Suppliers 52

Suppliers Real-time Visibility Supply Chain Efficiency Sustainability 52

SupplyShift

JUNE 24, 2021

Organizations big and small rely heavily on hundreds—if not thousands—of different suppliers around the globe. In this type of supply chain ecosystem, companies must understand sustainability performance of not only their tier-one suppliers, but also their second, third, and fourth tier suppliers and beyond. Where do you start?

Suppliers 52

Suppliers Real-time Visibility Supply Chain Efficiency Sustainability 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. And Hubtek is a tech-enabled talent and automation solutions provider for transportation companies across North America. Check out our other podcasts HERE.

Real-time Visibility 98

Real-time Visibility Price Collaboration Supply Chain Efficiency 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 74

Spend management Management Real-time Visibility Collaboration 74

Procurement Tactics

NOVEMBER 14, 2022

Ultimate Supplier Plotting Checklist 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. Visiting suppliers. Download Free Whitepaper ?. ?.

Retail Supply Chain 190

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

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 29.26] How Orderful can help to better support supplier diversity. “It 24.08] How Orderful’s EDI software works for logistics.

supply chain software solutions 98

supply chain software solutions supply chain budgeting Real-time Visibility Supply Chain Efficiency 98

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. The result has been isolated applications, e.g. for supplier management and for P2P working in parallel with siloed data sets and limited or no synergy.

Collaboration 78

Collaboration Suppliers Data supply chain software solutions 78

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. The right keywords will drive organic traffic to your website.

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. This ensures they get the best deal possible with their suppliers. This involves suppliers competing in sequential bidding.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

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 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

The Thomas Blog

AUGUST 15, 2022

Data shows that industrial buyers are typically 70% of the way through their purchase decision process before reaching out to a supplier. That's because today's B2B buyers are mostly millennials who are digital natives and do all their online research anonymously online first. Content Marketing And Videos.

Buyers 143

Buyers Real-time Visibility Purchasing Strategy 143

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

Spend Matters

JUNE 19, 2023

They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. budget compliance and inventory availability), enable effective spend, preferred supplier and category management.

Procurement solutions 86

Procurement solutions Procurement supply chain budgeting Real-time Visibility 86

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. Vendor Management and Mitigating IT Supplier Risk. Streamlined cross-border trade.

Supply Chain Efficiency 98

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

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. Also, the performance of the fulfillment process is a critical input to the continuous optimization of the supply/supplier base.

Risk management 73

Risk management Supply Chain Optimization Risk Supply chain 73

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

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 54

Real-time Visibility Logistics Buyers Data 54

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

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Supply Chain Visibility. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 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

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

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. The first step in this process is to place the order with a supplier through a purchase order (PO). This lack of visibility can lead to inefficiencies in the process.

Real-time Visibility 40

Real-time Visibility Purchase orders Purchasing Suppliers 40

Spend Matters

JUNE 19, 2023

Why buy AP Automation/Invoice-to-Pay solutions The process of capturing and validating supplier invoices carries a high burden of manual work, which can introduce errors and cause delays. Supplier collaboration workspace The ability of a supplier collaboration workspace or portal to enable suppliers to engage within a buyer’s process (e.g.,

Buyers 69

Buyers Collaboration Suppliers Agile and Lean Supply Chain 69

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’. A “100-page-plus document was filled with “supplier shall” statements that detailed FedEx’s obligations and outlined dozens of metrics for how Dell would measure success.

Negotiation 69

Negotiation Buyers Bidding Collaboration 69

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

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. At each step of this Procurement process, data is gathered, suppliers are onboarded, and deliveries are accepted. Invoice to Pay from Ivalua.

supply chain software solutions 130

supply chain software solutions Real-time Visibility Suppliers supply chain budgeting 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. Automation eliminates human error, saves time, and decreases the probability of mistakes.

Inventory 52

Inventory Real-time Visibility Management Supply Chain Efficiency 52

Supply Chain Game Changer

MAY 23, 2022

These actors include customers, suppliers, distributors, sales, and support teams. This forms a foundation for future success for the organization and improves relationships with suppliers, customers, distributors, and sales. With reduced duplication of effort and time-saving, knowledge is more effectively utilized.

Supply chain management 95

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

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. Companies had customers across the world but also had to compete for suppliers with organizations in other countries. It’s no longer about what components cost and which suppliers are the cheapest.

Procurement 52

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

Procurement Heads

JULY 27, 2022

Many buyers who have started their careers in the last 15 years haven’t been exposed to some of the real challenges where the cost of what you buy can rise by 5-10% every year. What we have often seen is that buyers are talking about the savings that they have got, now they are talking about how we mitigate and eliminate the increases.

Buyers 130

Buyers Sustainability Procurement Real-time Visibility 130