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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. They optimize routes, consolidate shipments, manage freight rates, track shipments, and ensure timely and secure delivery.

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Preparing Business for the Digital Supply Chain! (Oracle Interviews Mike Mortson)

Supply Chain Game Changer

What do these capabilities really mean in terms of the day-to-day realities of managing a supply chain? This level of visibility also provides unprecedented responsiveness to changes in customer demand. You’ll see a premium placed on holistic, end-to-end supply chain management leadership skills.

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JAGGAER Webinar with Accenture Strategy and Attijariwafa Bank Case Study: Accelerating Trust in Banking – Internal, Suppliers and Customers

Jaggaer

In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement. Having visibility over spend data has provided a basis for achieving savings.

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Business process management (BPM) examples

IBM Supply Chain Blog

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

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Process Intelligence: A Comprehensive Guide

Pipefy

In contrast, process intelligence automatically and continuously acquires data at scale, resulting in clear visibility into an organization’s journey towards improving its processes. Reading recommendation: What Is Workflow Management? Deviations, bottlenecks, and silos can also be identified by process intelligence solutions.

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13 Best Contract Management Software for the Mid-market

Procurement Software

SMEs are unlikely to see a decent ROI on contract management software, unless it’s a lower-priced software with relatively basic contract repository functionality. Mid-market businesses, on the other hand, could invest in this software and easily see a quick return if they have the right change management and procurement talent in place.