Procurement Insights

NOVEMBER 21, 2023

EDITOR’S NOTE: In December 2010, I wrote an article about one of Time Magazine’s picks for the Top Innovations in 2008 – Made-in-Transit Packaging. I obviously think what EiKO is doing regarding process visibility is great – kudos to the company for its progressive customer-centric thinking.

e2e 77

e2e Real-time Visibility Sourcing Consumer demands 77

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. However, what is it?

Inventory 170

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

SCMDOJO

MAY 2, 2024

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. Moreover, it facilitates proactive risk management and swift response to changes in demand or supply. Connect with her on LinkedIn!

Agile and Lean Supply Chain 66

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 66

IBM Supply Chain Blog

FEBRUARY 13, 2024

Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service. In fact, in a 2022 survey , 73% of consumers said that traceability is important to them. Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times.

Strategic sourcing 84

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

Planergy

SEPTEMBER 5, 2023

How to gain visibility and control of your indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Modern Software Reduces Budgeting Time & Effort Many businesses still rely on outdated, manual budgeting methods, such as spreadsheets or pen and paper.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

IBM Supply Chain Blog

FEBRUARY 14, 2024

Customer-facing AI use cases Deliver superior customer service Customers can now be assisted in real time with conversational AI. The IBM team is even using generative AI to create synthetic data to build more robust and trustworthy AI models and to stand in for real-world data protected by privacy and copyright laws.

Real-time Visibility 86

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 86

The Network Effect

MAY 29, 2015

Here’s more info below: Companies are struggling with demand variability and how to meet consumer demand with the right supply at the right location at the right time. Could Demand Sensing help your company? Maximizing their revenue and trading partner revenue while minimizing inventory.

Demand 46

Demand Consumer demands Real-time Visibility supply chain software solutions 46