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. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1. Dirty Little Secret #2–4.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Spend Matters

SEPTEMBER 14, 2023

Strategic sourcing remains critical, especially given our inflationary environment. What we do know is that supply chains often account for more than 90% of a company’s environmental footprint, and SAP can help provide visibility into the data across this value chain.

Procurement 102

Procurement Supply Chain Efficiency Category management e2e 102

Empowering CPO

JULY 16, 2023

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. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. What is strategic procurement? This also leads to more advantageous strategic sourcing. Why is strategic procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Empowering CPO

JULY 16, 2023

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. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

IBM Supply Chain Blog

DECEMBER 13, 2023

These increase accuracy and productivity, track purchases and offers data visibility that informs decision making and reduces risk, inefficiencies and time-consuming delays. Utilize data and insights to analyze outcomes, identify areas for improvement and refine the procurement strategy accordingly.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Pipefy

JANUARY 11, 2023

Procurement teams are now expected to perform as a strategic, value-creating business partner that improves business agility, financial visibility, process resilience, and competitiveness. Learn more about strategic sourcing optimization. An abundance of manual work and rapidly changing processes.

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

Supply Chain Trend

DECEMBER 22, 2023

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. In that order, because we first have to be able to orchestrate and digitize the decision process, including all data, plans, parameters, and decision policies that feed into it, before we can augment or automate. I was a planner once.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Supply Chain Game Changer

SEPTEMBER 16, 2020

The rise of big data in various manufacturing and logistics industries, the development of sophisticated ERP systems, and end-to-end Supply Chain visibility has made it a crucial strategic function for companies looking to get an edge in highly-competitive industries like Consumer Goods, Food Production and Pharma.

Supply chain 54

Supply chain Leadership Supply Supply chain management 54

Una

AUGUST 30, 2022

Strategic sourcing experts are using machine learning to categorize and manage spend, AI to better predict demand, and act upon alerts such as contract expiry/renewals. Core digital capabilities that we now take for granted include spend analytics, eAuctions, electronic catalogs, data visualization, and more. What's next?

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

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. Supply Chain Transparency.

Supply Chain Efficiency 19

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

Supply Chain Game Changer

JANUARY 15, 2019

We’ve built a peerless network in the areas of Procurement, Logistics, Change Management, Strategic Sourcing, Planning, and other functional areas in Supply Chain. The rise of digital has a big part to play in that, with end-to-end visibility, S&OP, network planning, and AI and Blockchain will change it even more.

Leadership 47

Leadership Supply Chain Efficiency Supply chain management Supply chain management 47

Procurement Software

MARCH 5, 2024

The 25 Hottest American 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: Anders Lillevik Date Founded: 2020 Visit Focal Point profile in our Software Finder 2.

Real-time Visibility 52

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

Jaggaer

JULY 7, 2020

In 2019 the company decided to embark on a project to implement global dashboards for sourcing and contracting events. These should provide end users with visibility across their assigned scope. Nonetheless, the way that data is captured in the many regions and countries differs somewhat, so this posed an integration challenge.

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Real-time Visibility e2e Contract Contract management 52

Pipefy

JUNE 14, 2023

Key takeaways Spend data is the information related to a company’s spending, specifically goods and services purchased from external suppliers or vendors. This data is usually grouped into categories and subcategories. ignoring the importance of data quality, 2. not reviewing spend data regularly. What is spend data?

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Empowering CPO

JUNE 25, 2023

Spend analysis is a process that involves collecting, cleansing, classifying, and analyzing expenditure data with the purpose of reducing procurement costs, improving efficiency, and monitoring compliance. Finally, businesses grapple with the challenge of data management.

Procurement 52

Procurement supply chain budgeting Real-time Visibility Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 10, 2018

They may even take over the provisioning of an entire end-to-end solution. Are in-house information technology (IT) systems robust enough to facilitate real-time data sharing if required? Visibility into customer demand and supplier performance. Or co-design with your R&D team through joint research and development.

Collaboration 66

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

Procurement Software

MAY 16, 2023

Users can access the software from any device, and it integrates with ERP systems for seamless data transfer. It offers the full range of functions you need from an end-to-end platform: Strategic Sourcing Contract Management Procurement Accounts Payable automation Payments and Supplie Management Actionable Data Insights.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96

Procurement Software

JANUARY 23, 2024

The 10 Hottest Germany-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: Dr. Elena Mechik Date Founded: 2019 Visit Inhubber profile in our Software Finder 2.

Procurement 52

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

Pipefy

FEBRUARY 13, 2023

Typically, the source-to-pay process is used to fulfill needs like finding new suppliers that offer lower prices, better terms, or goods/services not offered by current suppliers. S2P software automatically generates and shares these documents with suppliers and stores them securely in an eVault for easy access and visibility.

Sourcing 52

Sourcing e2e Purchase orders Bidding 52

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Pipefy

JANUARY 4, 2023

This guide takes an in-depth look at procurement automation to help you understand how and why more businesses are turning to this technology to contain costs, improve visibility, and protect themselves from supply chain disruptions. For example, workflows such as sourcing , vendor onboarding, RFP, and P2P. Preventing missed handoffs.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. End-to-end scenario analyses require this visibility data as input.

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Pipefy

JANUARY 5, 2023

Digital procurement involves the use of apps and systems to capture, consolidate, and manage all of the data and information related to procurement. Enhancing visibility and control. This happens when different teams, departments, locations, or employees use their own unique variations of a process such as purchasing or sourcing.

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Procurement Procurement team supply chain software solutions e2e 52

HICX

AUGUST 4, 2022

Caption: Adam Brown, Procurement Strategy & Transformation, Maersk; Carmen Erhardt, Head of Digitalization, Henkel; Anthony Payne CMO, HICX; Ragnar Lorentzen, CCO, HICX; Nils Andersson, Senior Manager – Head of Strategic Sourcing Process, Orkla; and Aleks Hajdas PTP Program Lead, JTI share their views on Supplier Experience.

Suppliers 52

Suppliers e2e Real-time Visibility Collaboration 52

Procurement Software

JULY 18, 2023

eSourcing allows for sourcing planning by facilitating questionnaires and evaluations. The other three modules manage contracts, supplier relationships, and cost saving reporting, providing full transparency of the procurement process and offering data-based insights. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

World of Procurement podcast

NOVEMBER 7, 2021

Are you going to be processing data, those things. Again, you wait another week and then you get given your followup things, financials request, data processing questionnaire, or like compliant things like, do you have any ISO certifications, that thing, certificates, insurance certificates, and other, like, what are your bank details?

Procurement 52

Procurement Suppliers supply chain software solutions Real-time Visibility 52

Procurement Software

MARCH 7, 2023

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process.

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Procurement Software

DECEMBER 5, 2022

However, procure-to-pay is definitely a subcomponent of the entire source-to-pay process. The key difference is that S2P includes the important stage of strategic sourcing, which is performed before you. Industry jargon refers to sourcing and the negotiation of terms and conditions as the “upstream” part of the process.

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52