SCMDOJO

APRIL 4, 2023

By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. When it comes to managing a supply chain, having access to real-time data can be a game-changer.

Supply Chain Analytics 111

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 111

World of Procurement blog

MAY 8, 2024

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Empowering CPO

JUNE 26, 2023

As a leading procurement services company specializing in spend analysis, EmpoweringCPO understands the vital role that insightful data plays in driving informed decision-making and optimizing procurement processes. Businesses are now harnessing the power of data to drive their procurement strategies and achieve better outcomes.

Real-time Visibility 40

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

Supply Chain Game Changer

JANUARY 19, 2022

The supply chain is a significant part of your overall business strategy and inventory management. An effective and efficient supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products. Improve Your Supplier Relationships. Great suppliers are reliable.

Supply Chain Efficiency 109

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Strategy 109

Una

AUGUST 2, 2022

Ivalua/Hackett’s 2022 Procurement Insights and Key Issues report found that laggards are being held back by concerns including fear of failure, access to suppliers, legacy system costs, and teams lacking the skills to leverage digital transformation. Procurement is noticeably lagging behind other functions in terms of digital transformation.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

EazyStock

NOVEMBER 17, 2022

The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. It is also important to consider qualitative data. This creates a need for systems that work in real-time.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. It is also important to consider qualitative data. Update inventory levels in real-time. This creates a need for systems that work in real-time.

Purchasing 52

Purchasing Supply Chain Optimization Supply Chain Efficiency Inventory 52

EazyStock

NOVEMBER 17, 2022

The extended Black Week sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory. It is also important to consider qualitative data. Update inventory levels in real-time. This creates a need for systems that work in real-time.

Supply Chain Optimization 52

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

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Customer Lead Time (Service). OTIF (Service).

Supply Chain KPIs 98

Supply Chain KPIs supply chain budgeting Supply Chain Efficiency supply chain software solutions 98

Supply Chain Game Changer

OCTOBER 1, 2019

It is often contrasted with digital, which is how computers store and process data using ones and zeros.” Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand. Conclusion.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Supply Chain Game Changer

MARCH 23, 2021

But too often the expected deliverables from Supply Chain professionals are established without a real understanding of the totality and breadth of actual tasks that must be performed underneath those high level expectations. With an iceberg it is said that only 10% of it is visible as the rest is under the water.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Real-time Visibility Supply 64

Supply Chain Trend

AUGUST 13, 2020

Understanding this differentiation is important for the manager trying to navigate autonomous planning: rather than assuming everything can be autonomous, the manager can take a more sophisticated view onto the people, process & technology needed to support the future of integrated planning. Automation versus Augmentation.

supply chain software solutions 147

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

Finale Inventory

JUNE 29, 2022

Continue reading for more information about shortages and surpluses and how Finale Inventory’s scalable inventory management system can help your business thrive. Inaccurate Demand Forecasting. However, if the data is inaccurate, it can lead to a business purchasing more inventory than they need, creating a surplus.

Inventory 52

Inventory supply chain software solutions Demand Price 52

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction. Supplier chain collaboration itself isn’t new.

Collaboration 66

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

ivalua

FEBRUARY 25, 2021

They may not consider potential issues of integrations, supplier onboarding, supply chain data management, change management and system optimization, all of which add to complexity and costs. ERPs tend to be built for the back office, so they lack the consumer-like user experience that leads to high user adoption among suppliers.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221