Procurement Insights

DECEMBER 3, 2024

STAKEHOLDER (AGENT) 3 What are the main concerns for suppliers meeting ESG specifications? Suppliers face several obstacles in meeting ESG (Environmental, Social, and Governance) specifications, stemming from resource limitations, regulatory complexities, and operational challenges.

Chief Procurement Officer 58

Chief Procurement Officer Supply Chain Efficiency Influencing Supply chain resilience 58

Spend Matters

OCTOBER 4, 2022

Categories: Procurement Systems & Architecture , Supply Chain , Supply Chain Management , Supply Chain Visibility Tags: EU , procurement systems and planning Food is a universal commodity, and most people take the fresh food supply chain for granted. Read more. ).

Supply chain 98

Supply chain Supply Chain Visibility Procurement Supply chain management 98

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. Implementation is challenging: Healthcare organizations tend to underestimate what’s involved with successful implementation.

supply chain budgeting 221

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

SCMDOJO

APRIL 11, 2025

The article mentions the ways through which Shopify integration with CRM software can improve supply chain visibility, customer experience, and operational flexibility. This real-time visibility translates into faster issue resolution, enhanced forecasting, and vendor coordination. Check out this course by Vera Rozanova!

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization 84

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. These often use a mix of Microsoft tools to address supplier management needs. Here are 5 Key Advantages from using Supplier Relationship Management Software. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. These often use a mix of Microsoft tools to address supplier management needs. Here are 5 Key Advantages from using Supplier Relationship Management Software. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

ivalua

APRIL 6, 2021

Contract lifecycle management is the management of a company’s end-to-end contracting process with its suppliers, customers and other third parties. If you think about it, a contract is the only document that formalizes a relationship between a buyer and a supplier. An Overview of Contract Lifecycle Management.

Contract 130

Contract Management Contract management e2e 130

Zycus Cognitive Procurement

FEBRUARY 14, 2022

One such thing is your suppliers and their ability to provide as and when needed. You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The first step to building a resilient supply chain is strengthening your relationships with suppliers. Why now, you may ask.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Supply Chain Game Changer

NOVEMBER 19, 2018

From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. The Supply Chain arranges for the appropriate logistics, and negotiates terms and conditions with Suppliers, audits Suppliers, and deals with quality strategies and issues.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 95

The Good Spending

JUNE 15, 2022

New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task. The new supplier selection will be based on POC or prototypes, where the technical evaluation will prevail over price. Therefore, negotiations will be the most suitable mode of supplier selection.

supply chain budgeting 52

supply chain budgeting Buyers Agile and Lean Supply Chain Supply Chain Optimization 52

Let's Talk Supply Chain

AUGUST 12, 2024

Today Evan Smith, Co-Founder and CEO at Altana, joins me to talk all about Altana and what they do; their mission to fix globalization and improve global commerce for everyone; the role of AI in making data accessible and actionable; and how Altana are delivering more than twice the supply chain visibility of any other provider.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization e2e Supply Chain Efficiency 52

Supply Chain Game Changer

JULY 1, 2021

Of course, a supply chain upgrade is a major investment that may require you to obtain a working capital loan from reliable lenders. 7 Ways to Make Your Supply Chain More Efficient. Invest in supply chain visibility. For instance, WMS connects with your IMS and your supplier’s warehouses.

Supply Chain Efficiency 66

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Real-time Visibility 66

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. Why ensure transparency and supplier engagement in the supply chain?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

Procurement Software

MARCH 7, 2023

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer. This is due to spend and supplier data being consolidated in one single system.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. Often, with bespoke purchases, there is no supply chain visibility. This can be time-consuming. Single source.

Purchasing 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

Procurement Insights

AUGUST 30, 2023

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. Delivery performance and product quality also improved dramatically.”

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Arkestro

OCTOBER 29, 2023

Fortunately for us mere mortals, humans bring invaluable contributions to the procurement process that aren’t likely going to be replaced by machines anytime soon: Strategy: Human judgment and expertise are invaluable assets when it comes to things like supplier relationship management, negotiations, and more.

Procurement 52

Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. Why ensure transparency and supplier engagement in the supply chain?

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Suppliers 40

Procurement Software

MARCH 5, 2024

Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4. Automated alerts help you track supplier performance and analysis.

Real-time Visibility 52

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

Procurement Software

DECEMBER 5, 2022

The digital P2P process provides intelligent transaction automation between your company, suppliers and their receipt of payments. One of the first things to be digitised was the transfer of money from customer to supplier, via bank transfer. It enables: Building stronger relationships with your key suppliers.

Sourcing 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

To create a BORING Supply Chain Holiday season we had to start planning immediately after last Holiday. It is critically important to take the time to meet with your Merchants, Merchandising, Buyers, Distribution Centre teams, Human Resources, Finance and your E-Commerce channel leadership. Manage Your Logistics Network.

Supply Chain Optimization 60

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 60

Claritum

APRIL 25, 2018

In many companies problems can arise when promotional goods are by inexperienced buyers from unapproved suppliers. A lot of time and energy can be spent inefficiently sourcing the goods, which can be bought from a huge variety of suppliers at vastly differing prices and quality.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

Supply Chain Opz

JULY 7, 2014

In order to reduce overall costs, Volkswagen outsources many components from suppliers in India. They don''t invest in production facility at all because they utilize a network of nearly 700 suppliers located in Asia and Europe. 2) Franchising Coca-Cola creates a global supply chain through a franchising model.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Why is supply chain resiliency important? Supply chains are the backbone for the global economy. They have also grown increasingly complex and now are comprised of hundreds of suppliers, service providers and production and distribution centers spread across the globe. Digitize so you can automate.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. Often, with bespoke purchases, there is no supply chain visibility. 2: Bespoke requirements - key sourcing issues.

Purchasing 32

Purchasing Sourcing Supply Chain Efficiency Suppliers 32

Claritum

AUGUST 15, 2019

In many companies’ problems can arise when promotional goods are purchased by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the company with no consistency of supply or quality.

Management 32

Management Procurement Purchasing Sourcing 32

Finale Inventory

JULY 18, 2024

For example, a purchase order document may include segments for the buyer’s information, the seller’s information, and the items being ordered. By implementing EDI, you can reduce manual data entry errors, improve order processing times, and enhance overall supply chain visibility.

Data 52

Data Real-time Visibility Supply Chain Efficiency supply chain software solutions 52

Supply Chain Brain

MARCH 26, 2018

Suppliers with poor quality or delivery records will also be ejected from the mix.) Creating a long horizon is important because the buyer need to have an accurate sense of a supplier’s total capacity for producing over time. The output of an automated costing system is never going to achieve a perfect match with reality.

Price 40

Price supply chain software solutions Supply Chain Optimization Buyers 40

Claritum

JULY 5, 2018

I’ve negotiated some preferred supplier contracts, but they struggle to gain adoption. Different business units buy the same product from different suppliers at different prices. True supply chain visibility means delivering real time information to upstream customers and downstream suppliers. ERP Systems.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36

SCMDOJO

NOVEMBER 20, 2024

Supply Chain Collaboration Solid relationships with suppliers can enhance supply chain visibility. Supply chain visibility with a responsive community is a fantastic combo that optimizes inventory and reduces obsolescence in the blink of an eye.

Inventory 98

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

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.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

SCMDOJO

MARCH 28, 2025

Scoutbee is an AI-powered procurement network that connects buyers with potential suppliers. Agentic AI takes this a step further by enabling autonomous supply chain systems. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight.

Logistics 52

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