article thumbnail

From Spend to Supply — Coupa’s direct spend management progress

Spend Matters

As is the usual case for Coupa, the product was co-innovated closely with large global customers. Purchase Order (PO) collaboration for buyers and suppliers to know in real-time the status of POs and Scheduling Agreements (SA), acknowledgements, ASNs, etc. Coupa is not releasing all of the above at the same time.

article thumbnail

5 Strategies For Improving Distribution Operations: An Essential Guide

SCMDOJO

To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments. It involves various activities, such as warehousing, inventory management, transportation, and logistics.

Strategy 104
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Inventory Forecasting — Everything You Should Know

Procurement Tactics

Thus, you will be able to predict your supply chain which will help you meet your customers’ demands. What is Inventory Forecasting? Inventory forecasting, also known as demand planning or demand forecasting, is a market research technique that accurately predicts future inventory needs.

Inventory 170
article thumbnail

Walmart Supply Chain: Building a Successful Integrated Supply Chain for Sustainable Competitive Advantage

SCMDOJO

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

article thumbnail

The Future of Spend Analysis: Trends to Watch Out For

Empowering CPO

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

article thumbnail

How to Choose the Right Last-Mile Delivery Technology for Your Business

Let's Talk Supply Chain

Will my deliveries reach my customers on time? Creating something from the ground up also needs time. Purchasing last-mile technology nearly always guarantees faster deployment times and reduced capital expenditure. Efficient routing can help reduce delivery time, and fuel costs, and improve overall productivity.

article thumbnail

Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Sources innovation by engaging suppliers in new product/service development. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. What are the company's goals for growth, cost reduction, sustainability, innovation etc?