Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. This article will examine the top benefits and most typical challenges with procurement automation. Benefits of Procurement Automation. Unparalleled Collaboration.

Supply Chain Efficiency 21

Supply Chain Efficiency Procurement Supply Chain Optimization Real-time Visibility 21

Supply Chain Game Changer

JULY 14, 2021

This, they say, includes value delivery through supplier- enabled innovation (SEI); sustainability through environmental, social and governance (ESG) goals; as well as agility through digitalisation — all of which will enable the business to deliver on its growth agenda” (Procurement Leaders 2021). Shoot for the Moon.

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Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Supply Chain Game Changer

OCTOBER 28, 2021

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.

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supply chain budgeting Procurement Supply Chain Efficiency e2e 98

Claritum

MAY 11, 2018

If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of Chief Procurement Officers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers. Supply chain visibility is poor. %.

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Global sourcing Sourcing Chief Procurement Officer Real-time Visibility 32

SupplyShift

APRIL 13, 2021

They are expected to start taking responsibility for their suppliers’ actions, too. So, when it comes to the role of procurement professionals, their unique position of leverage with suppliers presents an incredible opportunity for the function to collectively redefine and reinvent global supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

SupplyShift

APRIL 13, 2021

They are expected to start taking responsibility for their suppliers’ actions, too. So, when it comes to the role of procurement professionals, their unique position of leverage with suppliers presents an incredible opportunity for the function to collectively redefine and reinvent global supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

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

SupplyShift

JUNE 19, 2019

For companies committed to selling products that are responsibly sourced and humanely produced, a multi-tiered supply chain is a major challenge to navigate. Such commitments require robust technological solutions that enable supplier discovery, as well as data collection, at multiple tiers across many categories of data.

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

SupplyShift

JUNE 19, 2019

For companies committed to selling products that are responsibly sourced and humanely produced, a multi-tiered supply chain is a major challenge to navigate. Such commitments require robust technological solutions that enable supplier discovery, as well as data collection, at multiple tiers across many categories of data.

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

Arkestro

DECEMBER 12, 2022

Here are some challenges in health and pharma procurement—and how to overcome them. Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. It’s vital that supplies are predictable, so you can get the products and services you need. Supply Chain Visibility.

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