Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. These often use a mix of Microsoft tools to address supplier management needs. Here are 5 Key Advantages from using Supplier Relationship Management Software. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Procurement Software

MAY 9, 2022

Supplier Relationship Management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. These often use a mix of Microsoft tools to address supplier management needs. Here are 5 Key Advantages from using Supplier Relationship Management Software. Safeguard Brand Value.

Supplier relationship management 52

Supplier relationship management supply chain software solutions Suppliers Management 52

Zycus Cognitive Procurement

FEBRUARY 14, 2022

One such thing is your suppliers and their ability to provide as and when needed. You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The first step to building a resilient supply chain is strengthening your relationships with suppliers. Why now, you may ask.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

ivalua

FEBRUARY 24, 2021

“The impact of all of that is that organizations are actively creating geographical supplier diversity within their supply chains, to strike a better balance between cost reduction and agility,” he said. For many organizations risk has become not only an executive committee issue, but a board-level discussion,” he said.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

ivalua

JANUARY 31, 2022

The Criticality of the Supply Chain (and Suppliers). Building and maintaining supply chain resilience will be critical in a post-Covid-19 world. How can we mitigate technical, logistical, weather-related, and demand-driven supply chain disruptions? The Best Way Forward for 2022.

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. Supply Chain Resilience refers to a supply chain’s ability to withstand and recover from unexpected events.

Supply Chain Visibility 52

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 52

Una

APRIL 23, 2024

Machine learning, a subset of AI, has emerged as a game-changer in the world of supply chain management. It’s like having a trusty sidekick that can analyze mountains of data, spot patterns, and make predictions or recommendations without needing explicit instructions. Why Do We Need Supply Chain Visibility?

Supply chain management 52

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

SCMDOJO

APRIL 29, 2024

In this comprehensive guide, we’ll explore the key components of supply chain management, best practices, and how they can be tailored to specific industries. We’ll also delve into the importance of technology and data analytics in optimizing supply chain operations.

Supply chain management 67

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 67

Procurement Tactics

JUNE 5, 2023

Global supply chains are networks that can extend across multiple countries and even continents, serving as channels for both supplying and sourcing goods or services. These chains usually encompass the global movement of data, resources, and procedures. This means you need to plan ahead.

supply chain budgeting 192

supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

ivalua

JUNE 16, 2021

Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Such tools help procurement teams predict disruptions, assess risk, and make informed decisions to mitigate the impact of supply chain disruptions. Enter eProcurement.

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

Procurement Tactics

AUGUST 23, 2022

Contract management, also known as contract lifecycle management, in the field of procurement refers to the handling of end-to-end contracting with the suppliers and other third parties of an organization. . Enhancing strategic sourcing through data analysis. Improving supplier relationship management through data transparency. .

Contract management 130

Contract management Contract supply chain software solutions Management 130

Procurement Leaders

JUNE 13, 2022

Securing this level of visibility in the construction sector is challenging for several reasons: Much of the work on HS2 is broken into stand-alone projects made up of unique combinations of contractors and suppliers. Engaging with suppliers to collect the necessary data. Developing a risk methodology to assess suppliers.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Contract e2e 130

ivalua

JUNE 1, 2022

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

SCMDOJO

AUGUST 16, 2023

[Read More: Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth ] Walmart’s Supply Chain: Integrated Supply Chain Success Data-Driven Success Factors In the realm of modern supply chain management, data-driven strategies play a pivotal role in enhancing a company’s competitiveness.

Supply Chain Efficiency 76

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 76

Arkestro

DECEMBER 12, 2022

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Supply Chain Visibility. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Supply Chain Game Changer

AUGUST 26, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. Subscribe Here!

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

Arkestro

OCTOBER 29, 2023

Resources / Blog / 5 Chilling Challenges Facing Procurement Today 5 Chilling Challenges Facing Procurement Today From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full. More often than not, the raw data can be inaccurate or misleading.

Procurement 52

Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

Una

OCTOBER 17, 2023

By Hugo Britt | October 17, 2023 Search Search “Hey, Procurement?” “Yes, Dave?” “Contact Supplier X’s chatbot and see if you can negotiate a 15-day increase on payment terms for all products.” Data Insights Chatbots can analyze procurement data in real-time, providing valuable insights to procurement professionals.

Procurement 52

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

ivalua

MARCH 16, 2021

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Be proactive to mitigate supply chain risk by understanding your suppliers.

Supply chain resilience 130

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain supply chain budgeting 130

ivalua

NOVEMBER 25, 2020

Procurement’s value became evident, as did the importance of the supplier relationships they had built. According to Accenture, 94% of Fortune 1000 companies saw supply chain disruptions and 75% had negative or strongly negative impacts on their businesses due to the pandemic. You can download Gartner’s full report here.

Chief Procurement Officer 130

Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

Skill Dynamics

OCTOBER 19, 2023

Elevating Procurement Excellence Through Targeted Training Role-based procurement training is ideal because procurement and supply chain roles often come with role-specific challenges. Sourcing managers play a vital role in a business’s procurement process by identifying, evaluating, and selecting suppliers.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 52

EazyStock

JUNE 16, 2022

Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. Advancing technologies, such as artificial intelligence and machine learning, make connectivity and supply chain visibility easier. Managing suppliers with AI and ML.

Supply chain management 52

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

Supply Chain Game Changer

JANUARY 14, 2020

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Supply chain 52

Supply Chain Game Changer

JANUARY 19, 2022

Below are some of the best strategic solutions you can consider to maximize your supply chain’s efficiency and performance: 1. Improve Your Supplier Relationships. When it comes to supply chain and logistics , always remember that the supply chain process starts with your suppliers.

Supply Chain Efficiency 109

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

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. It can also make it harder for suppliers if you realize you’ve underestimated and need an urgent order. Increased supply chain visibility.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

ivalua

OCTOBER 18, 2022

The business case for data-driven transparency is not hard to make. In today’s dynamic, complex market, where procurement’s objectives continue to grow, data is the fuel for success. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible.

Supply Chain Efficiency 130

Supply Chain Efficiency Data Procurement Supply Chain Visibility 130

Supply Chain Game Changer

OCTOBER 28, 2021

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. And, only 15% had visibility into tier 2 or beyond.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

SCMDOJO

JUNE 14, 2023

[Read More: 6 Logistics KPIs Attributes That are Essential ] Defining ‘Orchestration’ Orchestration is a process that integrates data to connect different systems used in a business’s logistics operations. As a result, orchestration simplifies data management, making it easier for businesses to work more effectively.

Supply Chain Efficiency 79

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Logistics 79

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

Supply Chain Agility and Visibility. Limited visibility can increase the total cost to serve and the total cost of ownership, reduce supply chain performance and increase the loss of value in your supply chain. Decisions around Supplier Selection.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

SCMDOJO

JANUARY 30, 2023

Additionally, she was key in implementing lean manufacturing principles and practices, leading initiatives to improve sustainability and building strong relationships with suppliers.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply chain 120

SCMDOJO

JULY 7, 2023

Late changes to the design of the vehicles, such as the headlights, caused disruptions in the supplier base and necessitated costly tooling changes. These supply chain issues not only delayed production further but also strained relationships with suppliers.

Supply Chain Efficiency 101

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 101

SupplyShift

DECEMBER 6, 2021

Before we explore the why and how of supply chain mapping, it’s important to establish just what the term means. Of the 308 companies assessed, over half reportedly lack such visibility, leaving them vulnerable to a wide variety of supply chain risks. The concept itself is relatively easy to grasp.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

Before we explore the why and how of supply chain mapping, it’s important to establish just what the term means. Of the 308 companies assessed, over half reportedly lack such visibility, leaving them vulnerable to a wide variety of supply chain risks. Step 1 – Get Your Tier 1 Suppliers On Board.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

APRIL 13, 2021

They are expected to start taking responsibility for their suppliers’ actions, too. So, when it comes to the role of procurement professionals, their unique position of leverage with suppliers presents an incredible opportunity for the function to collectively redefine and reinvent global supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

SupplyShift

APRIL 13, 2021

They are expected to start taking responsibility for their suppliers’ actions, too. So, when it comes to the role of procurement professionals, their unique position of leverage with suppliers presents an incredible opportunity for the function to collectively redefine and reinvent global supply chains.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 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.

Supply chain management 74

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