Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

SCMDOJO

JUNE 6, 2023

By analyzing supply chain data, businesses can detect anomalies, potential risks, and deviations from their standard operating procedures. By doing this, they can make corrections fastly which will help avoid costly disruptions and improve supply chain resilience. This will benefit the entire supply chain.

Supply Chain Optimization 72

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

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. Yet today’s Procurement organizations are plagued with inefficient processes, poor supplier stakeholder collaboration and data silos.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Spend Matters

OCTOBER 24, 2023

Here’s how Onventis describes itself: “We are pioneers in cloud-based solutions, transforming purchasing and finance processes since 2000. This system also fosters seamless collaboration with suppliers within our extensive network. Supply chain resilience is becoming increasingly critical.

Procurement solutions 88

Procurement solutions Supply Chain Efficiency Procurement supply chain software solutions 88

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

EazyStock

JUNE 21, 2022

Rather than purchasing expensive systems and equipment, you reduce costs by using your service provider’s resources while paying a subscription fee. The cloud allows for greater collaboration because it allows your business to communicate and share data more easily. Increased supply chain resiliency.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 52

Zycus Cognitive Procurement

JANUARY 24, 2023

2) Effective risk management should be a priority After the Covid-19 pandemic, enterprises have been firefighting to manage risks and have invested in developing supply chain resilience. Key processes to automate include contract management, vendor management, invoicing, purchase orders, purchase requisitions.

Procurement strategies 52

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 52

Supply Chain Game Changer

MAY 5, 2021

Risk mitigation, innovation through supplier collaboration, and increased sustainability have also driven Supply Chain’s strategic value – but they’ve taken a back seat to efficiency. But in the post-COVID-19 world, with its renewed focus on resilience, it looks like more organizations might be listening.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Strategy 52

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: . Learn more at www.ivalua.com.

Supply chain resilience 100

Supply chain resilience Supply Chain Efficiency Innovation Supply Chain Optimization 100

Procurement Software

APRIL 2, 2024

Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range. Along with niche category specific procurement tools, there are also project management and internal collaboration applications in this space.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Supply Chain Trend

AUGUST 13, 2020

I believe that the human aspect remains critical and that our ability to collaborate with machines becomes central to a supply-chain planners’ role. The workforce must prepare itself for increasing human-machine collaboration. Here, communication, collaboration, and alignment is essential before decisions are made.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Supply chain pundits from industry and academia point out that it is possible for businesses to strike a balance between just in time and just in case. In this blog, let’s explore best practices that drive supply chain resiliency with this definition at the core. Why is supply chain resiliency important?

Supply chain resilience 52

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

Empowering CPO

JUNE 14, 2023

Innovative procurement models offer new ways to approach these challenges, leveraging technology, strategic collaborations, and a focus on sustainability to deliver enhanced outcomes. 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

Empowering CPO

JUNE 27, 2023

Spend analysis involves the systematic examination of purchasing data to gain insights into spending patterns, supplier performance, and potential areas of improvement. Process Optimization: Redesigning procurement processes to eliminate inefficiencies, minimize manual interventions, and enhance collaboration among stakeholders.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

ivalua

MAY 31, 2022

Supplier Relationship Management (SRM) is not limited to transactional information (number of purchase orders, number of catalog items, number of supplier invoices ) or legal/contractual requirements. Learn to manage and control your suppliers to improve your purchasing efficiency and expand your supplier base. .

Suppliers 246

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

IBM Supply Chain Blog

JUNE 30, 2023

These healthcare industry supply chain issues are equally urgent, and each require immediate attention. The good news is, it’s possible to alleviate these perilous pain points by building healthcare supply chain resilience. Doing so streamlines purchasing power and optimizes inventory management.

Supply Chain Efficiency 86

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 86

Empowering CPO

JUNE 9, 2023

It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships. Examples include cost savings, cost avoidance, and purchase price variance. Introduction A.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Arkestro

NOVEMBER 7, 2023

Rather than see the short turnaround and constrained supply as a challenge, Johnson & Johnson’s procurement team and suppliers partnered together to bring incredible innovation, delivering the vaccine to the broader public in record time.

Procurement 52

Procurement Supply Chain Efficiency Innovation Procurement team 52

Supply Chain Game Changer

MARCH 18, 2021

In our work at Kodiak Rating , we have the unique opportunity to speak to and collaborate with hundreds of procurement teams and thousands of procurement practitioners every year; often from large, multinational, and global organizations. After many conversations…. As a technology provider, we speak second and listen first.

Procurement team 61

Procurement team Procurement supply chain budgeting Agile and Lean Supply Chain 61