Spend Matters

DECEMBER 21, 2023

The era of intelligent procurement We expect 2024 to be the year of intelligent procurement, driven by AI, automation and data analytics. For example, in spend analysis, GenAI offers superior data normalization, savings opportunity detection, forecasting and natural language querying that makes deriving insights effortless.

Procurement solutions 83

Procurement solutions Procurement e2e Real-time Visibility 83

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance.

e2e 130

e2e Suppliers Procurement Contract 130

IBM Supply Chain Blog

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. 3 Building a viable and sustainable ecosystem of partners is complex.

Strategic sourcing 84

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 84

SCMDOJO

OCTOBER 14, 2023

Initially, these were managed manually, but the intrusion of digital technologies revolutionized it. Now, real-time connections provide more accurate data and information, which helps create collaboration in the digital world. It has made visible changes in the SCM systems. It ensures the integrity and genuineness of the data.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

HICX

FEBRUARY 15, 2024

Organizations will need to consider and invest in customer experience metrics and data analytics to understand better what their customers want and enhance the supply chain’s ability to understand this. It can learn from previous decisions by analyzing and correlating data and making recommendations as and when similar situations occur.

Supply chain management 52

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

HICX

MAY 12, 2023

For example, the master data is now in place and they have managed to eliminate over 1,000 spreadsheets and reports over the past three years.  In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility.

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

IBM Supply Chain Blog

JUNE 29, 2023

By having real-time data at their fingertips, decision-makers can adjust their strategies, allocate resources accordingly, and capitalize on the unexpected spike in demand, ensuring customer satisfaction while maximizing revenue. Data integration and analytics IBP relies on the integration of data from different sources and systems.

supply chain software solutions 80

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 80

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Barkers Procurement

JANUARY 26, 2024

Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best. Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best. Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Procurement Tactics

AUGUST 19, 2022

Risk management. This process involves evaluating potential risks that could negatively impact the organization. It includes data security, intellectual violations, compliance issues, and lawsuits. This is important so that you will know if the vendors meet your standards. . Oracle HCM cloud.

Vendor management 130

Vendor management Management e2e Negotiation 130

Barkers Procurement

AUGUST 2, 2023

Of note is that the increase in workload is juxtaposed by data that suggests that for most organisations, headcounts are set to be reduced or maintained at best. Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement e2e Agile and Lean Supply Chain 52

Pipefy

MAY 23, 2023

Carrying out this process manually makes it susceptible to bottlenecks — (one out-of-office manager can delay the order by days — and introduces costly errors and risks. By plugging your approval hierarchy data into a customizable workflow, however, your form can circulate while you move to your next task. Life cycle management.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. As the name implies, its founders’ vision is to literally “de-silo” organizations so they can realize the value in their existing data. Today please get to know dSilo.

e2e 97

e2e Contract Contract management Procurement 97

IBM Supply Chain Blog

DECEMBER 13, 2023

Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations. Additional procurement software includes spend analytics tools and supplier relationship management (SRM) software.

Procurement strategies 70

Procurement strategies Strategy Procurement Supply Chain Efficiency 70

Supply Chain Game Changer

FEBRUARY 14, 2022

Other than financial management, the CFO is the first line of defence for risk management. They’re required to identify risks early, understand them and offer solutions. Their scope of risk management cuts across all departments in an organization.

Supply Chain Efficiency 96

Supply Chain Efficiency Supply chain Supply Collaboration 96

Supply Chain Collaborator

AUGUST 30, 2018

Her TMS solution wish list includes: End-to-end execution. Carrier contract/bid management. Risk management capabilities. Item visibility. Ability to benchmark data. Integrated freight management services. Connectivity. Ease of use. Security and support. Freight settlement capabilities.

e2e 81

e2e Bidding Logistics Influencing 81

Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

The Procuretech Podcast

MAY 24, 2022

Understanding the value of pre-emptive end-to-end supply chain management. He sees it like the Google Maps of b2b commerce, giving customers multi-tiered visibility of supply chain networks by using a broad pool of datasets, all stitched together with AI. Visibility is lacking, all round and this needs to change.

supply chain software solutions 52

supply chain software solutions Supply chain e2e Supply 52

Supply Chain Opz

MARCH 6, 2015

With “Internet of everything” concept expanding, there are more opportunities to connect supply chains and increase the visibility from order initiation to order delivery. At the same time, this data may indicate possible issues in the procurement process, regarding product quality and delivery.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

SCMDOJO

JULY 24, 2023

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. They optimize routes, consolidate shipments, manage freight rates, track shipments, and ensure timely and secure delivery.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

Procurement Heads

JUNE 22, 2022

I really started to cut my teeth on the whole end-to-end category management and the industry as a whole, the progression was natural for me. If we keep that visibility to those three groups and achieve our goals then from my point of view that is a really good harmonised way of working now.

e2e 130

e2e supply chain software solutions Supply chain Suppliers 130

Spend Matters

APRIL 4, 2024

Compliance and risk management is a growing and interesting use case of GenAI for procurement, finance and, of course, legal operations. Its uptake is only going to grow as organizations begin to rely on its power to tackle big business issues, such as third-party risk management (TPRM).

Real-time Visibility 80

Real-time Visibility Management e2e Risk management 80

Let's Talk Supply Chain

NOVEMBER 1, 2023

04.04] How the pandemic exposed vulnerabilities in supply chains worldwide, bringing the topic of risk to the fore; and the most significant lessons we learned. “No-one You’ve got to have a risk management plan, but if you don’t test it, how do you know it works?” No-one was prepared!

e2e 52

e2e Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Jaggaer

OCTOBER 22, 2020

In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement. Moreover, the bank lacked any collaborative supplier relationship management or sourcing tool.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 27, 2019

It is vital in supply chain management to avoid these five costly errors. Neglecting metrics and analytics your supply chain management collects. There is a lot of opportunity to collect valuable data within your supply chain. Gathering relevant and reliable data is vital for your business. Not being forward-thinking.

Supply chain management 74

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 74

Supply Chain Game Changer

SEPTEMBER 17, 2019

First, consider that a digital supply chain enables complete, end-to-end connectivity and visibility : You can monitor and understand, in real time, what’s happening anywhere within that supply chain and make real-time decisions to create the outcomes that you desire.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

Spend Matters

FEBRUARY 22, 2024

Working within a resilient global supply chain results in complexities around basic matters like communication, time zones and languages, along with more challenging aspects like risk management, compliance and sustainability. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 87

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 87

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Real-time data and analytics. Without interconnected systems, manual data transfer happens across systems using spreadsheets. Benefits of Procurement Automation.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics.

Agile and Lean Supply Chain 52

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

SCMDOJO

APRIL 24, 2024

While it’s true that only some prefer to follow trends, data-driven decision-making is vital for businesses to remain competitive and relevant. AI-powered optimization AI-powered optimizations change supply chain management, as they find ground in the machine learning and AI rise. Why should businesses follow the trends?

Supply Chain Efficiency 57

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 57

Procurement Tactics

OCTOBER 18, 2022

Additionally, it helps companies to streamline supplier selection, supplier onboarding, supplier performance assessment, supplier document management, and other important supplier-related processes. It provides supplier relationship management tools that are designed to make the source-to-pay workflow easy. ProcureWare.

Supplier relationship management 181

Supplier relationship management supply chain software solutions Suppliers Management 181

Pipefy

AUGUST 10, 2023

Process analysts also view process intelligence as the practice of collecting and analyzing data for the purposes of identifying bottlenecks and other barriers to process excellence. Reading recommendation: What Is Workflow Management? These tools may work with both historical and real-time data.

Real-time Visibility 52

Real-time Visibility e2e Data Risk 52

IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.

Real-time Visibility 58

Real-time Visibility Management e2e Supply Chain Efficiency 58

Procurement Software

JANUARY 9, 2024

The 10 Hottest UK-based Procurement Tech Startups Before we give you the list, we should briefly touch on what we’ve defined as a “Startup” Less than 50 employees, according to data on LinkedIn. Key Data: Founder / CEO: Tom Howsam Date Founded: 2018 Visit Paid profile in our Software Finder 2.

supply chain software solutions 52

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