Procurement Tactics

MAY 22, 2023

Integrated logistics, also known as integrated supply chain management, refers to the coordinated and seamless management of all the activities involved in the movement and storage of goods and materials. Efficiency in inventory management By integrating the different operations, inventory management can be significantly improved.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

IBM Supply Chain Blog

JUNE 30, 2023

. ​ Automotive supply chain facts Up to 50 percent of unscheduled downtime is due to a lack of spare parts or stockouts ( The Importance of Inventory Optimization in MRO, July 2015 , Aberdeen Group) Generally, 99% of [semiconductor] manufacturing foundries have no visibility where the part is going. Why is this happening?

supply chain budgeting 66

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 66

IBM Supply Chain Blog

FEBRUARY 13, 2024

What’s needed is a solution that not only safeguards the performance of your mission-critical applications, but also goes above and beyond through reduced cost, time efficiency and monetary savings. This approach paves the way for substantial savings, aligning resource allocation precisely with the demands of the application.

Real-time Visibility 73

Real-time Visibility e2e Demand Data 73

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

IBM Supply Chain Blog

JUNE 30, 2023

Purpose Savvy sustainable consumers want end-to-end visibility into a product’s origins to ensure that it was sustainably developed and transported every step of the way. So make sure that you have real-time inventory visibility to deliver on your promises (what’s in-stock, when purchased items will ship and arrive).

Retail Supply Chain 64

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 64

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. The last few years have put the word “supply chain” in the headlines as so-called supply chain disruptions and shortages have impacted everybody.

Risk management 74

Risk management Supply Chain Optimization Risk Supply chain 74

Let's Talk Supply Chain

JULY 9, 2023

Operating in over 40 countries worldwide, SEKO lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information to deliver their growing customer base true supply chain visibility. It’s about visibility, it’s about the experience.” You can increase your conversion by providing more options!”

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

IBM Supply Chain Blog

NOVEMBER 8, 2023

For the first time, the rule establishes additional recordkeeping requirements for any US-based entity that manufactures, processes, packs or holds foods on the Food Traceability List. With greater tracking and traceability, for example, comes real-time demand insight.

Supply Chain Efficiency 115

Supply Chain Efficiency Real-time Visibility supply chain budgeting e2e 115

SCMDOJO

FEBRUARY 20, 2023

Distribution Operations Definition Distribution Operations refers to the management and execution of the processes involved in delivering products or services to end users. It involves various activities, such as warehousing, inventory management, transportation, and logistics.

Strategy 103

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 103

Supply Chain Game Changer

SEPTEMBER 6, 2022

This activity includes collecting and storing inventory, fulfilling orders, and managing the post-sales process. For example, when a customer orders an item through your online shop, you must ship it to the buyer within a specific time frame to avoid cancellation. Enable End-To-End Order Visibility.

Order Fulfillment 94

Order Fulfillment Supply Chain Efficiency e2e Real-time Visibility 94

Spend Matters

DECEMBER 21, 2023

We are highlighting the customer demands, market movements and advances in procurement tech that are exciting the world of solution providers, how they expect them to shape the S2P landscape next year and how they plan to respond to them. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes.

Procurement solutions 83

Procurement solutions Procurement e2e Real-time Visibility 83

Supply Chain Game Changer

MARCH 16, 2021

Actual channel demand would in turn trigger subsequent replenishment orders. With a new vision in mind the CIO gathered a few members of his team and within a few days created a model for a new, smart supply-demand ecosystem. In short he designed software to be installed in the coffee maker that the actual end consumer uses.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 100

IBM Supply Chain Blog

FEBRUARY 13, 2024

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

Strategic sourcing 87

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 87

HICX

FEBRUARY 15, 2024

This has led to organizations investing capital in and spending time on optimizing supply chains to cut lead times, improve supplier performance and increase business profitability. While increasingly companies are turning their attention towards and using AI, arguably it has yet to be used to its full potential.

Supply chain management 52

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

Supply Chain Collaborator

MARCH 16, 2020

For some shippers it is collapsing demand and leaving unprecedented idle capacity. Here are three reasons why logistics management software like TMS, YMS Freight Audit and others is essential to the survival of business during events like global pandemic. Yet, this is the nature of uncertainty.

supply chain software solutions 108

supply chain software solutions Supply chain Freight Audit Real-time Visibility 108

SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain.

Supply Chain Visibility 56

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 56

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. The management team defines the organization’s long-term goals and objectives.

supply chain software solutions 83

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 83

SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company.

Contract 91

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 91

Supply Chain Game Changer

OCTOBER 1, 2019

This demand would be translated to bills of material and component requirements through manual or semi-automated means. Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

SCMDOJO

MAY 6, 2022

The growth of coding capabilities and accessible resources can help several firms consolidate data sources and create real-time visibility throughout the end-to-end supply chain using no-code development platforms. The benefits include cost savings and a quick turnaround time from development to implementation.

supply chain software solutions 111

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 111

SCMDOJO

OCTOBER 14, 2023

Blockchain has evolved as a highly secure and fast way of managing transactions and has proven benefits in almost all fields. What is a supply chain management system (SCM)? It comprises all elements from the origin (the raw material) to the consumption networks (end users). It has made visible changes in the SCM systems.

Supply Chain Efficiency 89

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 89

Arkestro

DECEMBER 12, 2022

But those in the health and pharmaceutical industries deal with particularly demanding circumstances. For example, the peaks in demand during the pandemic exposed many organizations to delays, resulting in shortages of critical materials like PPE and ventilators. Supply Chain Visibility. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

IBM Supply Chain Blog

AUGUST 2, 2023

While the microservices toolchain itself may not explicitly demand new social practices on the surface, realizing the full benefits of this technology requires a change in work habits. Using real-time monitoring and visualization tools, operations teams can track the health of distributed systems and detect anomalies or failures.

Real-time Visibility 60

Real-time Visibility Import e2e Product management 60

Supply Chain Game Changer

NOVEMBER 14, 2018

Titled, “ The Death of Supply Chain Management ,” the article discusses the way that automation, AI and big data are transforming the industry. It raises the alarm that the function will soon cease to exist, only to – as these “ X is dead“ articles often end up doing – assert that it will still exist, just in a very different form.

Supply chain management 86

Supply chain management Supply chain management Supply Chain Optimization Supply chain 86

Supply Chain Game Changer

APRIL 29, 2021

Supply Chain Investment Challenges – Real and Imagined! Amid the thick covid-clouds, organizations are preparing to make their way back to regular business to maximize profitability and make up for the lost time. At the forefront of these changes are new technologies which will impact supply chain management in the future.

Supply Chain Optimization 135

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 135

IBM Supply Chain Blog

JUNE 26, 2023

This cloud financial management practice is a way for cross-functional teams—like Engineering, Finance and Product—to work together and take ownership of cloud usage. It allows DevOps teams to write code, integrate it, run tests, deliver releases and deploy changes to the software collaboratively and in real-time.

e2e 56

e2e Real-time Visibility Sustainability Data 56

IBM Supply Chain Blog

FEBRUARY 15, 2024

Kubernetes (K8s) containers and environments are the leading approach to packaging, deploying and managing containerized applications at scale. But managing the sheer volume of data, nodes, pods, services and endpoints that comprise Kubernetes environments requires observability practices that are appropriate for the job.

Real-time Visibility 74

Real-time Visibility e2e Data Networking 74

Let's Talk Supply Chain

AUGUST 4, 2022

I was sitting on the train, on my way to a client site in Switzerland at the time (leading a global project working in Deloitte & Touch) and I came across this paragraph: “A sense-and-respond organization does not attempt to predict future demand for its offerings. About the Author.

Agile and Lean Supply Chain 105

Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility Supply chain 105

Supply Chain Game Changer

NOVEMBER 11, 2020

Instead of waking to a real Christmas horror, ensure your supply chain is capable of handling peak demands by understanding the problem with poor peak season planning, how the right strategies build optimization, and by applying these nine critical best practices. The Right Strategies Create the Triumvirate of Warehouse Management.

Strategy 84

Strategy Agile and Lean Supply Chain Supply Chain Optimization Real-time Visibility 84

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. When the pandemic winds down there is a very real danger that people will go back to doing, and viewing, things the way they were before the pandemic. Much of the training is in specific skills (eg. Supply Chain is complicated.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Supply Chain Game Changer

SEPTEMBER 17, 2020

Why don’t you have a TMS (Transportation Management System) Solution yet? As evidenced by the most recent peak shipping season , the need for effective, high-quality logistics and warehouse management has never been higher. The demands for faster, more affordable processes are growing in stride. Yard Management System.

supply chain software solutions 105

supply chain software solutions Supply Chain Efficiency Supply chain e2e 105

Supply Chain Game Changer

SEPTEMBER 7, 2021

Supply Chain Visibility Has Never Been More Important! It turns out that as the pandemic drove lockdowns, travel restrictions, and travel bans, the demand for rental cars plummeted. A shortage of new vehicles forced people to turn to the used car market, and the spike in demand drove prices upward. Subscribe Here! Email Address.

Supply Chain Optimization 80

Supply Chain Optimization Supply chain Real-time Visibility e2e 80

Pipefy

DECEMBER 6, 2023

No matter how much they differ, efficient and friction-free workflows typically share the following traits: they provide visibility, employees are aligned on changes and requirements, fosters accountability, and creates a positive business impact. Visibility Each step in a workflow should be visible.

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

Supply Chain Collaborator

APRIL 14, 2020

Though it is an added stressor at this precarious moment, the time will never be more appropriate to take action toward improving enterprise logistics processes. Define the contours of your supply chain network from end-to-end – inbound from vendors to production facilities and outbound from DCs to customers.

Logistics 95

Logistics Agile and Lean Supply Chain Real-time Visibility e2e 95

Arkestro

JUNE 6, 2023

Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget. Without the right communication, priorities, and technology to help, managing the procurement-finance relationship can become unnecessarily complicated. Purchases in Time and Budget: How many purchases are on budget and on time?

Supply Chain Efficiency 52

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

Pipefy

OCTOBER 25, 2023

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. By working with procurement, connecting disparate systems, implementing fraud controls for these specific areas, tracking end-to-end vulnerabilities across financial and operational processes is possible.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Why don’t you have a TMS (Transportation Management System) Solution yet? Yet it is managed by one or two people, with no support, and no visibility from upper management. Aside from the cost impact the service implications of a poor Freight management system are enormous.

Strategy 68

Strategy Management Real-time Visibility e2e 68