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. How does data analytics help supply chain optimization?

Supply Chain Optimization 72

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

Planergy

MAY 8, 2025

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. These portals improve real-time visibility into purchase orders, payment timelines, and dispute resolution, directly enhancing vendor satisfaction. [5]

Strategy 52

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

Supply Chain Brain

FEBRUARY 28, 2021

Automating accounts payable and procure-to-pay (P2P) processes can help cut costs, optimize cash flow and provide real-time visibility into outstanding payables or potential disruptions.

Real-time Visibility 106

Real-time Visibility Cost optimization Procurement 106

Procurement Insights

MAY 21, 2025

Hansens agent-based Metaprise Model directly addresses the core concerns of Chief Procurement Officers (CPOs) by combining human-AI collaboration, real-time adaptability, and ecosystem-wide integration. tariffs, port strikes), reducing costs by 2030% (DND case study). Heres how it tackles each challenge: 1.

supply chain budgeting 52

supply chain budgeting Real-time Visibility Stakeholder engagement Agile and Lean Supply Chain 52

SCMDOJO

FEBRUARY 5, 2025

Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. The interactive approach caters to learners who want to develop practical skills and gain real-world insights.

Procurement 54

Procurement Real-time Visibility supply chain budgeting Supply Chain Optimization 54

Jaggaer

FEBRUARY 5, 2025

Secondly come eProcurement, Supply Chain Collaboration, Invoicing, and Payments. Optimizing source-to-paythrough digital transformation streamlines every stage of your procurement strategy, improving visibility, efficiency, and collaboration. These begin with enhanced visibility.

Supply Chain Efficiency 52

Supply Chain Efficiency Sourcing e2e Real-time Visibility 52

Procurement Insights

JANUARY 3, 2025

Emphasis shifted from pure cost savings to total cost of ownership (TCO) and value creation. Impact of Globalization and Supply Chain Complexity : The complexity of global supply chains highlighted procurement’s role in managing risks, ensuring continuity, and driving efficiencies.

Agile and Lean Supply Chain 52

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

Procurement Insights

APRIL 5, 2025

Below is a ranking of the top 10 ProcureTech should-cost solution providersGEP, Zycus, Ivalua, SAP Ariba, Coupa Software, Jaggaer, Keelvar, Lytica, ProPurchaser, and Archletacross three criteria: length of time in business, company size, and top reason for dealing with each one.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Negotiation Supply Chain Efficiency 52

IBM Supply Chain Blog

OCTOBER 3, 2023

Cloud costs are out of control, and teams spend too much time fixing instead of innovating. It’s time for IT to go from reactive to proactive and preventative. You’ll find automated full-stack visibility, one-second granularity and three seconds to notify.

Real-time Visibility 89

Real-time Visibility Cost optimization Budget Data 89

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

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

Contract 98

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 98

Jaggaer

MARCH 6, 2025

Spend Analysis: Offering detailed visibility into spending patterns, enabling cost optimization. Supplier Performance Metrics: Providing real-time evaluations of supplier reliability and performance. Data-driven decision-making empowers public sector teams to improve efficiency and achieve better outcomes.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement supply chain budgeting Sustainability 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

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. It eliminates waste and enables companies to manufacture products at lower costs.

Agile and Lean Supply Chain 40

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

IBM Supply Chain Blog

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. times the value derived from a single-platform, single-cloud vendor approach. to total $678.8 billion in 2023.

Strategy 91

Strategy Real-time Visibility Data Risk 91

Finale Inventory

AUGUST 23, 2024

One of the key benefits of cycle counting is its ability to provide real-time insights into inventory levels. By continuously monitoring stock levels and making necessary adjustments, construction companies can maintain optimal inventory levels, streamline procurement processes, and improve overall operational efficiency.

Inventory 52

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

IBM Supply Chain Blog

MAY 25, 2023

You’re responsible for optimizing spend, operational efficiency and incorporating new and innovative technologies. It’s a powerful way to address critical issues like sub-optimal application performance and poor customer experiences, boost metrics like MTTR and address IT team skill issues for greater resiliency.

Real-time Visibility 70

Real-time Visibility Data Sustainability Cost optimization 70

IBM Supply Chain Blog

DECEMBER 11, 2023

With a hybrid-cloud architecture, the airlines can deal with fluctuating volumes of data, such as during the busy holiday travel season, which requires scaling up resources and data in real-time to improve workflows and deliver better customer experiences. more value than a single public cloud alone.

Real-time Visibility 101

Real-time Visibility Data Strategy Networking 101

IBM Supply Chain Blog

MAY 17, 2024

Organizations face increased pressure to move to the cloud in a world of real-time metrics, microservices and APIs, all of which benefit from the flexibility and scalability of cloud computing. Optimized: Cloud environments are now working efficiently and every new use case follows the same foundation set forth by the organdization.

Real-time Visibility 96

Real-time Visibility Strategy Data Networking 96

Una

OCTOBER 17, 2023

The current state of chatbots in procurement Chatbots are intelligent systems, designed to assist procurement teams by automating tasks , providing real-time support to end-users, and enhancing overall efficiency. This ensures that procurement support is readily accessible at any time, increasing efficiency and reducing delays.

Procurement 52

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

IBM Supply Chain Blog

AUGUST 8, 2023

Large organizations are comprised of many assets that require continuous monitoring to ensure optimal productivity. EAMs optimize the quality and utilization of physical assets throughout their lifecycle, increase productive uptime and reduce operational costs.

supply chain software solutions 50

supply chain software solutions Management Real-time Visibility Supply Chain Optimization 50

IBM Supply Chain Blog

JUNE 11, 2024

The growing need for cloud cost optimization : Cost optimization is essential when exiting VMware because it helps manage and reduce the initial and ongoing expenses associated with migration, ensures efficient use of resources in the new environment, and maximizes the return on investment.

e2e 66

e2e Cost optimization Innovation Real-time Visibility 66

IBM Supply Chain Blog

OCTOBER 17, 2023

Digital experience monitoring gathers performance metrics—such as load time, response time, uptime and downtime—from the user interface on the end-user device. Resource monitoring is a key component of cloud cost optimization, which the IBM® Turbonomic® platform is specifically designed to do.

Real-time Visibility 70

Real-time Visibility Networking e2e Data 70

IBM Supply Chain Blog

AUGUST 11, 2023

They could build a state-of-the-art, on-premises data center, only to subsequently find out their costs would be halved if they ran everything on the cloud. Six ways IT can create cost savings Cost optimization is top of mind for any organization.

Import 74

Import Management Budget Real-time Visibility 74

Finale Inventory

JULY 3, 2024

Firstly, it helps you meet customer demand by ensuring that you have sufficient stock available at all times. Moreover, efficient inventory management enables you to optimize your operations and reduce costs. Lastly, effective inventory management helps you minimize the risk of overstocking or stockouts.

Inventory 52

Inventory Raw materials Supply Chain Optimization supply chain budgeting 52

IBM Supply Chain Blog

AUGUST 16, 2023

There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market. Cloud spend, like other IT spend, can proliferate quickly if there is no cloud management platform that provides clear cost visibility or usage visualizations.

Real-time Visibility 64

Real-time Visibility Budget Cost optimization Demand 64

IBM Supply Chain Blog

DECEMBER 20, 2023

Examples of industries that have switched from monolithic architecture to microservices include subscription-based streaming services like Netflix, which uses microservices to track user activities, their history and other data to make real-time recommendations for enhanced engagement and better customer experiences.

Strategy 93

Strategy Real-time Visibility Data e2e 93

Empowering CPO

FEBRUARY 11, 2024

At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness. By harnessing the power of data, organizations can identify opportunities for cost optimization, risk mitigation, and process efficiency.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

Empowering CPO

JUNE 27, 2023

This is where the real magic happens. It’s not just about cost-cutting—it’s about cost optimization and strategic decision-making. By identifying inefficiencies, companies can streamline their procurement processes, resulting in time and cost savings. Finally, the classified data is analyzed.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Purchase orders Supply Chain Efficiency 52

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization.

Agile and Lean Supply Chain 52

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

Finale Inventory

JULY 23, 2024

However, with the right tools and mindset, you can streamline your operations and achieve optimal efficiency. To assist you in this process, we have compiled a list of six motivational quotes that will inspire you to get organized with Finale Inventory. This not only saves time but also reduces costs and improves customer satisfaction.

Inventory 52

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

Empowering CPO

JUNE 26, 2023

Explanation of Spend Analysis and its Importance in Healthcare In the ever-evolving landscape of the healthcare industry, optimizing costs and maximizing efficiency has become paramount. These cost pressures necessitate a strategic approach to spending and resource allocation. Introduction A.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Arkestro

MARCH 27, 2024

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. You can unsubscribe at any time.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

World of Procurement blog

MAY 10, 2024

Spend Analysis and Classification with AI AI and machine learning are transforming spend analysis and classification, providing procurement teams with unprecedented visibility into organizational spending. 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

IBM Supply Chain Blog

JUNE 26, 2023

Automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience. To meet your own sustainability challenges, start by optimizing your data center ; data centers worldwide account for 1-1.5%

e2e 52

e2e Real-time Visibility Sustainability Data 52

TYA Suite

AUGUST 26, 2024

For small and medium-sized businesses (SMBs), optimizing procurement processes is essential for maintaining a competitive edge and ensuring operational efficiency. With the right SMBs can streamline their purchasing activities, reduce costs, and enhance overall productivity.

supply chain software solutions 40

supply chain software solutions supply chain budgeting Real-time Visibility Procurement 40

IBM Supply Chain Blog

MAY 12, 2023

As AWS S3 usage grows, so does the cost; managing AWS S3 pricing can be complex and frustrating, especially when you’re trying to optimize your business. It can seamlessly transfer data to the most cost-effective access tier on a per-object basis, without performance degradation, retrieval fees or operational complexity.

Price 52

Price Management Real-time Visibility Data 52