Procurement Software

APRIL 18, 2023

These negotiations take place in real time, with all prospective suppliers at once. This saves buyers not only money, but hours of conversation time. Live, and within an allotted time period, suppliers lower their prices against the nearest competitor in order to win your business.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

IBM Supply Chain Blog

NOVEMBER 24, 2023

The real problem lies in how the IT is organized, which reflects in how their current applications/services are built and managed (refer to Conway’s law ). Lack of alignment of IT capabilities to business capabilities impacts time to market and business-IT.

Real-time Visibility 96

Real-time Visibility Data Cost of ownership Strategy 96

Pipefy

MAY 25, 2023

HR professionals are using digital transformations to phase out repetitive paperwork and increase face time with the employees who need them. Businesses that make the transition to digital tools to increase efficiency see huge benefits like: Visibility. With automated tasks, HR gets it right, every time. Time savings.

Real-time Visibility 52

Real-time Visibility e2e Data Leadership 52

Una

APRIL 11, 2023

They also typically provide analytics and reporting tools that allow managers to monitor performance and make data-driven decisions in real time. ERP systems are customizable application suites that allow businesses to integrate and manage their most important divisions, departments, processes, and functions from one platform.

supply chain software solutions 98

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

Empowering CPO

JULY 5, 2023

Integrating technology into procurement processes is not just about keeping up with the times; it’s about realizing the potential for enhanced efficiency, accuracy, transparency, and strategic decision-making. Recognizing the need for change, the organization partnered with EmpoweringCPO to digitize its procurement processes.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

Supply Chain Game Changer

FEBRUARY 12, 2020

Why have so few companies adopted a TMS (Transportation Management System) solution? There are tremendous benefits but there are obstacles, real or perceived, that get in the way. And they would not have the end to end supply chain visibility that can come with a TMS. Supply Chain as a Service (SCaaS)! .

Real-time Visibility 76

Real-time Visibility Management Supply Chain Optimization supply chain budgeting 76

Procurement Heads

JULY 19, 2023

We have an amazing analytics dashboard, which gives us visibility on spend and suppliers’ contract duration, supplying really important insight. We did an EcoVadis submission for the first time in 2021 and got bronze, last year we got silver, so we are definitely on the right trajectory. It is not for the faint-hearted!

Real-time Visibility 130

Real-time Visibility Procurement Sustainability Import 130

IBM Supply Chain Blog

DECEMBER 19, 2023

Many enterprises struggle to derive real value from their cloud journeys and may continue to overspend. The key challenges with the traditional nature of SDLC are: Pre-development wait time of 4-8 weeks within architecture and design phase to get to development. Patterns (on paper) only as prescriptive guidance.

Agile and Lean Supply Chain 69

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Real-time Visibility 69

SCMDOJO

MAY 13, 2022

A good way to understand longer end-to-end transit times which under the current scenario have increased dramatically on most of the major trade lanes is to take a closer look at where delays are more likely to happen. The extreme need to traverse these nuances has propelled logistics companies to develop new solutions and expand services.

Supply Chain Optimization 83

Supply Chain Optimization Supply chain Real-time Visibility e2e 83

ivalua

MARCH 15, 2016

He said he had seen it all in supply base management and had experienced the feeling of victory leaving plenty of blood on the floor in negotiating with suppliers in his day. He talked about how that experience with power was a real high at times. Without good visibility and frankly, transparency, any collaboration is hard.

Real-time Visibility 100

Real-time Visibility Supply Chain Efficiency Collaboration Suppliers 100

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

Flawed or outdated Technology and Equipment that limits visibility. The Next Level Purchasing Body of Knowledge underpins, integrates and enhances the essential components of Supply Chain Management in simple how-to-do steps. The company leverages a few key metrics and assures that data is available in many cases in real time.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply chain 52

Pipefy

MARCH 6, 2023

A successful and sustainable business transformation plan requires and is driven by various key factors, including effective change management, proper employee training and process optimizations, and an alignment with a company’s long-term growth strategy. Learn more about change management.

e2e 52

e2e Supply Chain Efficiency Real-time Visibility Change management 52

Let's Talk Supply Chain

JULY 27, 2022

Let’s Talk Supply Chain gives them a platform to share what drives them and how they are igniting real progress at their organizations. We celebrate their breakout achievements and the beginnings that positioned them for their recent success stories, ushering change at businesses across the global supply chain.

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Real-time Visibility 115

IBM Supply Chain Blog

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. Inventory management : Managing an inventory of spare parts and materials is a significant challenge for oil and gas companies.

Real-time Visibility 58

Real-time Visibility Inventory Budget Data 58

Empowering CPO

JUNE 21, 2023

It’s about automating tedious tasks, enhancing data visibility, and providing more profound, actionable insights. Additionally, the sheer volume of transactions that large businesses dealt with on a daily basis made manual Spend Analysis highly time-consuming and inefficient.

Real-time Visibility 52

Real-time Visibility Data Procurement Strategic sourcing 52

Supply Chain Game Changer

SEPTEMBER 17, 2019

Most supply chain leaders recognize that it’s an incredibly exciting time to be working in the field. At the same time, they must also develop strategies to significantly advance their capabilities in anticipation of overcoming their issues with the basics. You would measure lead time in days or even weeks. Mike Mortson.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

Pipefy

JANUARY 11, 2023

Procurement teams are now expected to perform as a strategic, value-creating business partner that improves business agility, financial visibility, process resilience, and competitiveness. An abundance of manual work and rapidly changing processes. Time-consuming invoice reconciliation (28%). Complex purchasing systems (31%).

Strategy 52

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

FourKites

JANUARY 7, 2021

No matter the size of your organization, the outcome is the same: supply chain operators are empowered to make quick, informed decisions without needing to waste time waiting for approvals from different layers of management. Learn more about building agility with real-time transportation visibility.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

NOVEMBER 8, 2018

Check out Do you have a Freight Management Strategy or are you Spinning your Wheels? Why have so few companies adopted a Transportation Management System (TMS) solution? There are tremendous benefits but there are obstacles, real or perceived, that get in the way. The service offering sold very well.

Real-time Visibility 43

Real-time Visibility Management Supply Chain Optimization supply chain budgeting 43

Pipefy

JANUARY 10, 2024

If this still isn’t a priority in your business strategy, it’s time to make it one. In addition to cultural and performance strategies, the job market is extremely competitive, and attracting and retaining top talent becomes increasingly challenging as work models evolve and technological advancements change employees’ daily activities.

Data 52

Data Strategy Change management Real-time Visibility 52

Supply Chain Game Changer

OCTOBER 5, 2021

From the first time I went to Colorado and saw the Front Range, I developed a level of awe and respect for these natural wonders. But if there is an extraordinary chance that you will fail if you push towards the goal at that time, it can be better to fall back, regroup, and try again later. My friend did exactly that.

Strategy 82

Strategy Real-time Visibility Agile and Lean Supply Chain Change management 82

Supply Chain Game Changer

NOVEMBER 22, 2018

Advancement of Processes and Systems Is Key to the Future of Supply Chain Management. These skills gaps were forged in a time when manufacturing and supply chain management were seen as dirty, unforgiving professions. How Developers and Supply Chain Executives Can Protect the Future of Supply Chain Management.

Supply chain 60

Supply chain Supply chain management Supply chain management Real-time Visibility 60

Empowering CPO

JUNE 14, 2023

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. These models are often accompanied by practices such as annual rate contracts, bulk buying, and just-in-time purchasing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Claritum

MAY 2, 2019

If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? Total lifecycle costs / Managing profitability. Change management. Time that can be spent on exploring opportunities associated with our second list above. Strategic focus areas of Procurement.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

Procurement Software

APRIL 25, 2023

Indeed, in the current inflationary environment, it’s procurement that has real power to move both the top and bottom line. Therefore, now is the time for all businesses to embrace the benefits of digital procurement software. Whether it’s visibility over your processes, enhancing your data , or contract management software.

supply chain software solutions 52

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 52

HICX

DECEMBER 15, 2022

And yet, the process allowed this company to be picked because it didn’t provide visibility to the procurement people about that supplier’s poor track record in the past.” . I think that we’re actually experiencing, and we’ll continue experiencing, that accelerated pace of real transformation.”.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 52

The Procuretech Podcast

OCTOBER 3, 2022

FinTech content at the time was a lot more attractive: Punchy articles, simple “How To.” This takes consultation and a lot of time. People often jump on a new technology without thinking about the bigger picture of change management. You can implement the best technology but with poor change management it will fail.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Supply chain Supply 40

Supply Chain Game Changer

NOVEMBER 9, 2018

Time Will Tell What Is Really Going On! Over time however weaknesses in the Lean program became apparent. At the Global level I learned that the Lean Council meeting had not even happened for some time. Visibility to the metrics should thus be an additional catalyst for more improvement as well as shared learning.

Agile and Lean Supply Chain 55

Agile and Lean Supply Chain Real-time Visibility Supply Chain Optimization Management 55

IBM Supply Chain Blog

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. By establishing standardized workflows and decision rules, BPM streamlines the claims process by reducing processing times and minimizing errors.

Real-time Visibility 58

Real-time Visibility Management e2e Supply Chain Efficiency 58

Supply Chain Game Changer

JANUARY 28, 2020

We stayed connected and after some time he said to me, “It was very scary to leave the safe and familiar environment I was in. I suspect he must have known that the expectations on him were beyond his real ability to deliver. He confused the power that comes from his business card with his real abilities. Communicate.

Real-time Visibility 53

Real-time Visibility Supply chain Strategy Leadership 53

Supply Chain Game Changer

SEPTEMBER 8, 2020

But even the best leaders know that any goal that they are trying to achieve will inevitably mean some level of change. They need Change Management. This all requires Change Management, or as we prefer to say, Change Leadership. Making change happen is tough. The Executive Sponsor to Enable Change!

Change management 103

Change management Management Leadership Real-time Visibility 103

Supply Chain Game Changer

NOVEMBER 15, 2018

The success of the Lean deployment varied over time. Especially if the leaders of the Back Office functions that need to be changed are not on board. The commitment to change, to staff the efforts, to measure the progress, and to make the necessary investments will be lacking. This will be readily visible to the employees.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Real-time Visibility Leadership Supply Chain Efficiency 43

ivalua

JANUARY 12, 2023

To avoid this pitfall, it is necessary for public procurement teams to routinely review the entire process and challenge steps to ensure that requirements are necessary to meet rules or requirements and/or deliver real value. . Another aspect of scalability is ensuring a solution can match organizations’ appetite for change. .

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

Supply Chain Game Changer

JANUARY 15, 2019

Thank you Bronwen for your friendship, your support of Supply Chain Game Changer, and taking the time to share your experiences and expertise with us. I decided to dig in and learn everything I could about the field, and that led me to found Argentus – a search firm focused entirely within Supply Chain Management.

Leadership 47

Leadership Supply Chain Efficiency Supply chain management Supply chain management 47

Supply Chain Game Changer

NOVEMBER 16, 2018

This would prove to be my first real lesson in Cash Management which could not have been made more intense and immediate! The fact that we reached out to them and talked to them, as opposed to just not paying our bills and not telling them, bought us some goodwill and time. Visibility and Responsibility.

Management 53

Management Real-time Visibility Inventory Supply chain 53

Empowering CPO

JUNE 22, 2023

Case Study 2: Nitor Partners – Diesel Fuel In another case study, Nitor Partners drove over $3MM in savings by leveraging a cross-category strategic sourcing strategy and creating multi-year agreements to manage future cost risk exposure and build long-term supplier relationships.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 20, 2023

It’s what enables businesses to gain visibility into their spending, identify inefficiencies, and uncover opportunities for cost savings. Trend Analysis: This involves looking at changes in spend over time, which can help identify patterns and predict future spend behavior. Your data can come from a variety of sources.

Data 40

Data Real-time Visibility Suppliers Sourcing 40