SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The complexity of the e-commerce landscape is compounded by the presence of multiple sales channels, posing challenges to efficient management.

Supply Chain Efficiency 75

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 75

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. What is Supply Chain Forecasting?

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

NLPA (Next Level Purchasing Association)

APRIL 24, 2024

The global supply chain is undergoing a metamorphosis. In this evolving landscape, cashless procurement systems are emerging as a powerful tool for businesses to streamline operations, enhance transparency, and gain a competitive edge. Simplified Auditing : Auditing procurement activities can be tedious and time-consuming.

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

JUNE 30, 2023

The good news is that sustainability and profitability go hand-in-hand, especially in the retail supply chain. Purpose Savvy sustainable consumers want end-to-end visibility into a product’s origins to ensure that it was sustainably developed and transported every step of the way. Simple: communicate!

Retail Supply Chain 64

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 64

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

ivalua

JUNE 29, 2020

I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. With rising costs and declining margins, health systems must become more efficient and productive. Share on Twitter.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

ivalua

MARCH 3, 2020

The high overall cost of hospital care is naturally top of mind, but so is the lack of transparency and predictability. Patients are left feeling anxiety over final costs and, at times, with large, unexpected bills. Caregivers struggle to spend enough time with patients and still maintain profitability.

Supply Chain Efficiency 130

Supply Chain Efficiency Price Procurement Real-time Visibility 130

ivalua

FEBRUARY 25, 2020

The high overall cost of hospital care is naturally top of mind, but so is the lack of transparency and predictability. Patients are left feeling anxiety over final costs and, at times, with large, unexpected bills. Caregivers struggle to spend enough time with patients and still maintain profitability.

Supply Chain Efficiency 130

Supply Chain Efficiency Price Procurement Real-time Visibility 130

Una

JANUARY 17, 2023

A Snapshot of Supply Chain Technology. Breaking down the latest supply chain technology into several categories to provide a snapshot of the current state of the industry. Spare a thought for supply chain managers during the Age of Sail. Supply chain technology. Streamlined cross-border trade.

Supply Chain Efficiency 98

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

Supply Chain Game Changer

SEPTEMBER 30, 2022

Subscribe to Supply Chain Game Changer. How Cloud Computing Can Help Supply Chain! The supply chain industry is changing at an alarming rate as new technological innovations launch. Cloud storage is one of the technologies that have significantly revolutionized supply chain management.

Supply Chain Efficiency 112

Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 112

SCMDOJO

NOVEMBER 24, 2023

Additionally, when you need to oversee a considerable number of Stock Keeping Units (SKUs), it is like a nightmare without an efficient tool. This article will walk you through the basic understanding of the warehouse management system (WMS), its features, how and where it fits with the supply chain, and different WMS systems.

Supply Chain Efficiency 65

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 65

World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

In today's fast-paced business environment, procurement plays a crucial role in determining a company's efficiency, cost-effectiveness, and competitive edge. From automated systems to data analytics, technology is reshaping procurement, making it more strategic, efficient, and adaptable to changing market demands.

Supply Chain Efficiency 52

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

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

Procurement Tactics

JULY 20, 2023

This includes tasks such as creating purchase orders, managing inventory levels, tracking shipments, and reconciling invoices. Supplier order management software, also known as “ purchase order management software” is a digital solution designed to simplify and optimize the supplier order management process.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

ivalua

FEBRUARY 24, 2021

Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. Sourcing Innovations: .

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Supply chain resilience Supply Chain Efficiency Supply Chain Optimization Innovation 100

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Empowering CPO

MAY 31, 2023

That’s where collaboration comes into play. Successful collaboration within SRM can elevate a business relationship from mere transactional exchange to a powerful strategic alliance. Successful collaboration within SRM can elevate a business relationship from mere transactional exchange to a powerful strategic alliance.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52

ivalua

FEBRUARY 10, 2023

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

Price 264

Price Strategy Sourcing Real-time Visibility 264

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. What is Inventory Forecasting?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). Benefits of No-code Platforms.

supply chain software solutions 110

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 110

HICX

FEBRUARY 15, 2024

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. The Global Supply Chain Landscape: What is the current situation?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain software solutions 52

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Purchasing is more transactional and tactical. Purchasing focuses specifically on the buying transaction.

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Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

SEPTEMBER 20, 2021

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision.

Supply chain resilience 52

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

ivalua

FEBRUARY 27, 2023

Manufacturers can off-set the effects of inflation and avoid passing on price increases to their goods and services by maximizing the efficiency and effectiveness of the procurement function. In addition, our Contract Management module helps Manufacturers to easily track milestones and consumption in real time across multiple agreements.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

World of Procurement blog

MAY 10, 2024

By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Procurement Software

MARCH 5, 2024

The Execution and Collaboration modules give you the ability to track tasks and approvals individually, bringing you closer to project completion. Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes.

Real-time Visibility 52

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

Procurement Software

FEBRUARY 20, 2024

Apadua Monitor is what their website describes as ‘an easy-to-use, collaborative Quality Assurance System that pays full attention to the knowledge and sentiment of each individual stakeholder.’ Spendkey is one of few spend analytics platforms which also offer transparent pricing on their website.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

NLPA (Next Level Purchasing Association)

DECEMBER 14, 2022

The root causes of these issues often stem from a clash of the following critical Supply Chain Variables: Poor Toxic Culture. Flawed or outdated Technology and Equipment that limits visibility. A few years ago, Amazon purchased Kiva Robots and has deployed several thousand robots to leverage speed and accuracy.

Agile and Lean Supply Chain 52

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

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. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

Supply Chain Efficiency 132

Supply Chain Efficiency Agile and Lean Supply Chain Logistics Supply Chain Optimization 132

ivalua

MARCH 9, 2023

It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. Downstream activities include e-procurement , purchase orders, invoice automation and accounts payable and payment processes. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Supply chain mapping has plenty of more far-reaching benefits, too.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. Supply chain mapping has plenty of more far-reaching benefits, too.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

Arkestro

JUNE 6, 2023

Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget. We’ll break them down into two groups: efficiency and ROI. Efficiency Both CFOs and CPOs prioritize efficient spending down to the last dollar. Purchases in Time and Budget: How many purchases are on budget and on time?

Supply Chain Efficiency 52

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

Let's Talk Supply Chain

JULY 9, 2023

Today I’m joined by SEKO – a friend of the show and a supply chain household name that was founded nearly 50 years ago, and has gone on to open 120 offices in 40 countries across the world. SEKO provide complete supply chain solutions, specializing in transportation, logistics, forwarding and warehousing.

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. That’s where procurement, sourcing, and purchasing technology comes in. Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52