SCMDOJO

JULY 24, 2023

They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment. Suppliers and Manufacturers: Suppliers and manufacturers are the entities that produce or provide the goods needed by the shippers.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

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. In essence, his point was that supplier collaboration is not altruistic.

Real-time Visibility 100

Real-time Visibility Supply Chain Efficiency Collaboration Suppliers 100

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

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. One of the services that was very compelling was our Freight Management service. Supply Chain as a Service (SCaaS)! . Loss of Control.

Real-time Visibility 76

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

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Importance of Innovative Procurement Models In the era where change is the only constant, innovation has become a necessity rather than a luxury.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Pipefy

JANUARY 11, 2023

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. An abundance of manual work and rapidly changing processes. Complex purchasing systems (31%).

Strategy 52

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

HICX

DECEMBER 15, 2022

For this episode of the Supplier Experience Live Podcast, we were joined by David Yarkin , Founder and CEO of Procurated , and a former CPO. After gaining experience, David went on to establish his own business, Procurated , which connects public sector buyers with peer-reviewed suppliers. However, this approach had its flaws.

Procurement 52

Procurement supply chain software solutions Real-time Visibility Suppliers 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

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

Claritum

MAY 2, 2019

If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? Perhaps, opportunities to drive profitability within your organisation; develop environmental or ethical initiatives; or engage with suppliers to develop stronger business relationships? Change management.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

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. With all of that we went to market! Loss of Control.

Real-time Visibility 43

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

Empowering CPO

JUNE 21, 2023

It’s about automating tedious tasks, enhancing data visibility, and providing more profound, actionable insights. The lack of standardized classification systems further complicated matters, making it difficult for organizations to compare and analyze their spending across different categories or suppliers.

Real-time Visibility 52

Real-time Visibility Data Procurement Strategic sourcing 52

Empowering CPO

JUNE 22, 2023

It not only helps businesses to reduce costs and increase efficiency, but also strengthens supplier relationships, and enhances value creation. Risk Mitigation: Spend analysis can reveal dependencies on certain suppliers, leading to better risk management and more diversified supplier portfolios.

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. This includes purchase orders, invoices, credit card transactions, expense reports, and supplier contracts, among others. So, how do you go about collecting data for spend analysis?

Data 40

Data Real-time Visibility Suppliers Sourcing 40

ivalua

JUNE 1, 2022

Overall, their strategy must move toward data-driven decision-making to provide real-time information visibility. By bridging the gaps, Amrest could even start the tendering process earlier with a wider range of suppliers. Suppliers can support company growth as part of the Amrest procurement journey.

Real-time Visibility 130

Real-time Visibility Agile and Lean Supply Chain Supply Chain Efficiency Procurement 130

Supply Chain Game Changer

NOVEMBER 16, 2018

We only have enough cash to either pay our employees or our suppliers next week, but not both.” This would prove to be my first real lesson in Cash Management which could not have been made more intense and immediate! Simply it was a lack of Cash Management and awareness at any level of the organization.

Management 53

Management Real-time Visibility Inventory Supply chain 53

SCMDOJO

AUGUST 21, 2023

This extensive reach provides businesses with the opportunity to connect with various demographics and target markets, enabling them to broaden their brand’s visibility and potential customer base significantly. > Watch Now: Too Late for Change Management? >

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 97

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

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. . It is vital that public procurement teams develop a data insight strategy to gain visibility into their operations.

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

Procurement Software

MAY 16, 2023

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. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Empowering CPO

MAY 4, 2023

By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Supplier management systems: Tools that help track, evaluate, and manage supplier relationships and performance.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

Procurement Insights

AUGUST 30, 2023

They say that, like truth, good ideas stand the test of time. Considered to be a breakthrough assessment of the purchasing industry at the time, I felt that there were several gaps in the study. The right technology will enable enterprise-wide supply management, external supply chain visibility, and internal and external collaboration.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Procurement Leaders

JUNE 1, 2022

Excluded from planning meetings and strategic decisions, and with a team lacking the knowledge and relationships to drive real change, procurement was extremely decentralised, in control of just 30% of global spending and focused mostly on tactical, transactional activities. Change management.

Procurement 130

Procurement Strategic sourcing Strategic sourcing Leadership 130

Empowering CPO

JUNE 25, 2023

It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line. The advent of the digital age brought about another transformative change. The result is a more efficient, effective, and strategic procurement function.

Procurement 52

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

Supply Chain Game Changer

NOVEMBER 16, 2021

It’s a good time to reflect on recent global events and what this should mean for the future. Despite the cataclysmic disruption caused by the pandemic, inertia will prevent real and sustainable progress from being made. And having the courage to implement these changes will be the real test of leadership.

Supply chain 89

Supply chain Real-time Visibility e2e Supply 89

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. Sustainable master data management and governance: As much as 55% of projects fail due to data management issues.

supply chain budgeting 221

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

SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. working with suppliers or customers was not a priority for most managers at the time. The idea of ??working

Supply Chain Efficiency 131

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 131

Pipefy

JANUARY 10, 2024

An ECS is always easily accessible by coworkers and updates shared documents in real time, resulting in improved communications, increased work efficiency, and greater employee satisfaction. In addition, comments are recorded and can be read in real-time. In so doing, ECSs boost businesses’ efficiency and security.

Collaboration 52

Collaboration Real-time Visibility Price e2e 52

Solvoyo

MARCH 5, 2021

Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. Planners spend their precious time collecting and synthesizing the data to drive insights. . Having up-to-date supplier lead times.

Agile and Lean Supply Chain 52

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

Procurement Software

JUNE 20, 2023

But then we also included a couple in here which are a bit more specialist, focusing on one or two specific aspects of contract management. We plan to refresh the article a couple of times a year, as solutions are constantly adding features and new solutions come onto the market.

Contract management 52

Contract management Contract e2e Management 52

Supply Chain Game Changer

NOVEMBER 19, 2018

Recent projects include the digital transformation of a worldwide service and repair parts program; enabling an OEM’s end-to-end supply chain visibility of outsourced manufacturers, assemblers, distribution hubs and 3PL’s; and forming a B2B business development capability for a successful B2C eCommerce company.

Leadership 42

Leadership supply chain software solutions Bill of materials Real-time Visibility 42

Planergy

OCTOBER 13, 2023

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Monitoring helps identify any issues early and allows for timely interventions if needed. How to report and analyze indirect spend to identify savings opportunities.

Budget 52

Budget Purchasing Real-time Visibility Management 52

Supply Chain Game Changer

SEPTEMBER 6, 2022

Some of the materials were sourced and managed by the customers. Still the sourcing and supplier management of other materials was delegated to our facilities. It was time to start an investigation! Every facility had customized those processes over time to suit whatever their specific needs were. Conclusion.

Supply Chain Optimization 80

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply 80

Supply Chain Game Changer

JANUARY 30, 2020

As I mentioned in my prior blogs, Inventory Turnover Breakthrough , we needed to take a holistic approach and we needed to tackle the high level levers that influence inventory levels. . There is no visibility to, ratification of, or governance of the demand being loaded into the ERP system. Supplier Operating Terms.

Inventory 61

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 61

Supply Chain Game Changer

NOVEMBER 16, 2018

As I mentioned in my prior blogs, Inventory Turnover Breakthrough (Parts 1 and 2) , we needed to take a holistic approach and we needed to tackle the high level levers that influence inventory levels. There is no visibility to, ratification of, or governance of the demand being loaded into the ERP system.

Inventory 43

Inventory Agile and Lean Supply Chain Supply Chain Optimization Replenishment ordering 43

Supply Chain Game Changer

NOVEMBER 7, 2018

The agile supply chain basically refers to the use of responsiveness, competency, flexibility, and quickness to manage how well a supply chain entity operates on a daily basis. For supply chain entities who have used or implemented lean concepts in supply change management, the company has removed extra costs along the way.

Agile and Lean Supply Chain 54

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 54