Procurement Tactics

DECEMBER 6, 2022

Or receive our famous weekly newsletter. However, these manual processes are ineffective and cost a lot of effort, time, and money. Or receive our famous weekly newsletter. Manual processes in spend management cause many mistakes and errors in data. Visibility of expense data. Download Whitepaper →. .

Spend management 172

Spend management Management Real-time Visibility Budget 172

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Last Mile Logistics — What You Should Know Last mile logistics is often associated with e-commerce due to its rising popularity in the modern market.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. Thus, why it is critical to the success of an organization.

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 192

Finale Inventory

MARCH 7, 2024

There are ways to manage the team, the warehouse, the inventory data, and the workflow to get ahead of errors. A warehouse barcode system can help you keep your warehouse in order, ensuring timely and accurate order fulfillment. Shipment delays. Late deliveries erode customer trust and cost you money.

Real-time Visibility 52

Real-time Visibility Order Fulfillment Inventory Inventory control 52

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Periodic Inventory System — Everything You Should Know Periodic inventory system is a method in accounting that is usually easier and more cost-effective. However, what is it?

Inventory 192

Inventory Real-time Visibility supply chain software solutions Quantity 192

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

Finale Inventory

MAY 16, 2024

Oversold items often snowball into continuous stockouts if inventory isn’t accurately tracked. Inaccurate data fuels both issues, creating a vicious cycle of disappointment and lost profits. Inaccurate inventory data. The foundation of good stock management is accurate data. Incorrect reorder points.

Real-time Visibility 52

Real-time Visibility Inventory Purchase orders Demand 52

Procurement Tactics

DECEMBER 21, 2022

Or receive our famous weekly newsletter. After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Thus, allowing you to know if your decision is right when the time comes you are going to collaborate in the supply chain. . Download Whitepaper →. .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Procurement Tactics

JULY 20, 2023

This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands. It eliminates the need for manual data entry, reduces errors, and speeds up the order processing cycle.

supply chain software solutions 134

supply chain software solutions Suppliers Management Purchase orders 134

Una

JANUARY 17, 2023

Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. That is why the most important gains in supply chain technology have been in the area of visibility. But that is not the only area where technology is rapidly evolving.

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

SCMDOJO

MARCH 28, 2023

With its decentralized feature, blockchain technology allows real-time data sharing between different parties while ensuring secure data storage and preventing unwanted changes in a network. This application eliminates redundant paperwork and provides real-time freight tracking.

Supply Chain Efficiency 116

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 116

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Warehouse Automation — Transforming Warehousing Warehouse automation helps businesses to increase productivity and accuracy in their warehouses. However, what is it?

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

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

Planergy

OCTOBER 4, 2022

How to gain visibility and control of your indirect spend. Big Data Analytics: What It Is and Why It Is Important. Big Data Business Intelligence (BI) Spend Analytics. What is Big Data Analytics? How Big Data Analytics Works? Big Data Benefits. Big Data Challenges. Big Data Analytics Tools.

Data 52

Data Import supply chain software solutions Quality 52

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

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time. Compliance and GDPR — does the data stay locked?

Procurement strategies 102

Procurement strategies Innovation Strategy Procurement 102

Una

APRIL 11, 2023

An ERP’s strength lies in its centralized database , which integrates various business departments and processes using the same data. When a user enters data into the ERP system, it is stored in the central database, which can then be accessed by other users and departments as needed. Why use an ERP system?

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

Planergy

MAY 30, 2023

How to gain visibility and control of your indirect spend. An effective TEM solution will help an organization save money, time, and resources while providing visibility into spending patterns. Without visibility into spend, it’s very difficult to control costs. The key to overcoming this challenge is communication.

Real-time Visibility 52

Real-time Visibility Management Purchase orders Purchasing 52

Una

APRIL 23, 2024

It’s like having a trusty sidekick that can analyze mountains of data, spot patterns, and make predictions or recommendations without needing explicit instructions. Demand forecasting & inventory optimization Can we finally bid goodbye to overstocked warehouses and disappointed customers? Where do I sign?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

The Thomas Blog

JANUARY 5, 2024

Spend the time to research and identify online directories that encompass your specific industry, niche, or target sector/demographic. Use highly targeted keywords in your directory listings so you’ll be more visible to searches. Visibility drives traffic and opportunities. You can also encourage positive reviews and ratings.

Strategy 52

Strategy Real-time Visibility Buyers Quality 52

The Thomas Blog

JANUARY 16, 2024

This improves the company’s online visibility, helps it reach a wider audience, and enhances its authority and credibility within that niche. A successful SEO strategy will improve your visibility on search engines and allow more prospects to find your business. The right keywords will drive organic traffic to your website.

Real-time Visibility 52

Real-time Visibility Buyers Strategy Networking 52

Supply Chain Game Changer

SEPTEMBER 28, 2022

Make Your Website Visible and Trustworthy! Thus a website is your strategic source of revenue and brand visibility , which are important considerations before redesigning your website. Still, as time passes, you might notice that your website enjoys fewer visits. Make Data-Based Decisions after an Audit.

Real-time Visibility 85

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency supply chain software solutions 85

Una

JUNE 29, 2023

An agile supply chain achieves this by implementing real-time demand sensing, collaborative forecasting, and cross-functional coordination. Responding to the Bat-signal, the Caped Crusader wastes no time in entering his Bat-Cave, donning his Bat-suit, Leaping into his Bat-mobile, and rushing off to clobber some bad guys.

Agile and Lean Supply Chain 52

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

Planergy

MARCH 2, 2023

How to gain visibility and control of your indirect spend. In this blog post, we’ll cover what tail spend analysis is, its benefits, how to develop a plan for it, how to analyze data and trends, and how to best leverage tail spend analysis to improve efficiency. This can make it difficult to track and manage.

supply chain budgeting 52

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

Una

SEPTEMBER 11, 2023

They have frameworks in place to analyze data quickly and streamline the supplier connection process. Step 2: Cost Analysis This is Una’s time to shine and where we can show real value. We’ll send your spend data directly to our supplier base to compare cost and identify savings.

Real-time Visibility 52

Real-time Visibility Purchasing Suppliers Supplier relationship management 52

The Thomas Blog

MAY 31, 2024

This article will discuss a wide range of lead-creation tactics including: key performance indicators, the value of lead-generating data, and successful lead-nurturing tactics. Prospects express interest by sharing contact information, which marks the beginning of a relationship that businesses aim to deepen over time.

Buyers 52

Buyers Strategy Real-time Visibility Quality 52

Planergy

AUGUST 21, 2023

Though a decrease in accounts payable has a positive impact on your financial statements, it reduces the total amount of cash available, with the decrease representing the total amount of cash transactions that have been paid over a specific period of time. Centralized spend data helps to achieve this. Here’s how.

Real-time Visibility 52

Real-time Visibility Purchasing supply chain software solutions Spend management 52

Planergy

MAY 25, 2023

But as a company grows this will create a bottleneck with your accounting team because you won’t want all your staff to have access to QuickBooks and see your accounting data. There’s also an option to copy an existing budget, which allows you to use last year’s financial data in your new budget.

Spend management 52

Spend management Management Purchase orders Budget 52

Planergy

SEPTEMBER 6, 2023

How to gain visibility and control of your indirect spend. This method is simple to implement and maintain, relying on historical data and relatively minor adjustments. Estimate the costs associated with each initiative and project revenues based on market trends, historical data, and growth expectations.

Budget 52

Budget Real-time Visibility Innovation Data 52

Planergy

JULY 27, 2023

How to gain visibility and control of your indirect spend. Timeliness Expenses must be reported in a timely manner. By analyzing the spend data , companies can identify trends and patterns in employee spending , which can help them make informed decisions about budgeting, procurement, and other business processes.

Real-time Visibility 52

Real-time Visibility Purchasing Management Spend management 52

Planergy

JANUARY 19, 2023

How to gain visibility and control of your indirect spend. Download Free Copy Pareto Analysis in Procurement: How To Use Spend Analysis To Cut Costs Written by Keith Murphy 16 min read Big Data Business Intelligence (BI) Spend Analysis Download PDF IN THIS ARTICLE Pareto Principle vs. Pareto Analysis What is Pareto Analysis?

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Procurement Software

APRIL 18, 2023

These negotiations take place in real time, with all prospective suppliers at once. This saves buyers not only money, but hours of conversation time. Live, and within an allotted time period, suppliers lower their prices against the nearest competitor in order to win your business.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Planergy

JANUARY 19, 2024

How to gain visibility and control of your indirect spend. Taking your time throughout the process ensures you get the best possible match. Security: Inquire about the vendor’s security protocols, especially if they handle sensitive data. How to report and analyze indirect spend to identify savings opportunities.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Planergy

SEPTEMBER 20, 2023

How to gain visibility and control of your indirect spend. The right business travel management tools can save you time, money, and countless headaches. Regularly reviewing and analyzing travel data can also help identify areas for improvement and cost savings. But fear not, weary traveler!

Management 52

Management Real-time Visibility Budget Spend management 52

Planergy

JANUARY 26, 2023

How to gain visibility and control of your indirect spend. What to Do About It Re-evaluate using ocean routes and determine the carriers that can increase shipping in anticipation of storms, so you can be flexible enough to scale back operations in uncertain times. Other times, it could be because of bad decisions or poor judgment.

Risk 52

Risk supply chain software solutions supply chain budgeting Supply Chain Efficiency 52

Una

OCTOBER 31, 2023

To fear change is human but thankfully, there are ways to make your procurement changes desirable to stakeholders so that when the time comes you're not met with resistance. Utilize data, statistics, and real-world examples to support your arguments. Change management tips for procurement To fear change is human.

Change management 52

Change management Management Procurement Leadership 52

Planergy

JUNE 30, 2022

The goal of proper financial management is to ensure the company has enough money to take care of operations at all times, to ensure that all stakeholders receive adequate returns, maintain optimal funds utilization, keep investments safe, and plan a solid capital structure. Get access to your company’s financial health in real-time.

Management 52

Management Real-time Visibility Budget Purchase orders 52