World of Procurement blog

MAY 8, 2024

Value-add : Procurement aims to add value by optimizing processes, consolidating spend, and building supplier relationships. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Purchasing's value-add is more limited.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

IBM Supply Chain Blog

JULY 10, 2023

tend to vibrate more intensely and more loudly as they age, analyzing changes in vibration can help maintenance managers monitor machine conditions in real-time and proactively identify asset wear and damage. Frequency measures the number of oscillations per unit of time, usually expressed in Hertz (Hz).

Real-time Visibility 58

Real-time Visibility Data Risk Management 58

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.

supply chain software solutions 81

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 81

IBM Supply Chain Blog

SEPTEMBER 27, 2023

It is achieved through observing real-time frameworks, performance-monitoring libraries and crash-reporting tools. This includes logging HTTP requests, database queries, server response times and system resource utilization. This involves capturing and correlating logs, metrics and traces across various components and services.

Real-time Visibility 76

Real-time Visibility e2e Data Influencing 76

IBM Supply Chain Blog

SEPTEMBER 12, 2023

Observability-driven automation leverages real-time insights from monitoring and telemetry data to inform intelligent automation processes. The fact is, automated setup and installation eliminates manual errors, reduces deployment time and improves consistency across different environments.

Real-time Visibility 70

Real-time Visibility e2e Data Sustainability 70

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! This article explores some of the benefits of big data to inventory management teams.

Inventory 52

Inventory Data Management Real-time Visibility 52

Planergy

JULY 5, 2022

Book a Live Demo. How to gain visibility and control of your indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Cristian Maradiaga. King Ocean.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

IBM Supply Chain Blog

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. Drilling operations optimization : Drilling operations are complex and costly.

Supply Chain Optimization 56

Supply Chain Optimization supply chain software solutions Real-time Visibility Supply Chain Efficiency 56

Arkestro

APRIL 25, 2023

The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

IBM Supply Chain Blog

AUGUST 2, 2023

For example, they can analyze traces to see how long each component of their application takes to process a request and optimize accordingly. Using real-time monitoring and visualization tools, operations teams can track the health of distributed systems and detect anomalies or failures.

Real-time Visibility 59

Real-time Visibility Import e2e Product management 59

Arkestro

MAY 9, 2022

Ensure your company has a steady supply of what it needs to produce its end product on time and at the lowest possible price. Ongoing Supply Chain Challenges. In a March 2022 article in The Harvard Business Review titled “ Are the Risks of Global Supply Chains Starting to Outweigh the Rewards?”

Procurement 52

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

Supply Chain Collaborator

MARCH 4, 2015

If ever there was a perfect time to engage a logistics IT solution like TMS, Optimizer or Yard Management tool, it is now. per gallon than at this same time last year according to Transport Topics. Call Now to Schedule A Demo (800) 731-7512. Do it now while the extra capital is available.

supply chain software solutions 68

supply chain software solutions Supply Chain Optimization Supply Chain Efficiency Logistics 68

Arkestro

JULY 4, 2022

A more diverse supply chain is also a more resilient supply chain. As a result, implementing a process that effectively supports supplier diversity is a real obstacle many companies struggle with. Box Uses Arkestro to Establish a Diverse and Inclusive Supply Chain: A Case Study.

Suppliers 52

Suppliers Procurement Real-time Visibility Chief Procurement Officer 52

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.

Procurement 52

Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

Spend Matters

JUNE 19, 2023

I have seen top performers with catalog content that includes volume/promotional pricing, real-time price checks, multi-currency, multilingual and custom or specialty attributes for industry-specific inventory data, which were also embedded into shopping lists and more.

Procurement solutions 86

Procurement solutions Procurement supply chain budgeting Real-time Visibility 86

Planergy

SEPTEMBER 5, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. 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.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Arkestro

MAY 30, 2022

From April 2021’s “ A New Paradigm For Procurement ”: “As enterprises increasingly depend on an expanding and evolving supplier ecosystem, better optimization of strategic planning and procurement is paramount. Procurement and sourcing teams worked tirelessly to find solutions to disrupted supply chains.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Finale Inventory

MARCH 28, 2024

From brand messaging that illustrates how companies are enacting earth-friendly practices in their business to certification bodies such as B Corp who are starting to scrutinize global supply chains as part of the credentialing process, companies are trying to level up to their consumers’ expectations as best they can.

Supply Chain Efficiency 52

Supply Chain Efficiency Raw materials Inventory Sustainability 52

Planergy

JANUARY 18, 2024

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. For example, does it connect to your ERP, e-commerce platform, and inventory management system?

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Arkestro

MARCH 28, 2023

According to Spend Matter’s whitepaper, “ Procurement’s future is embedded platforms: introduction to predictive procurement orchestration ,” while many organizations have adopted digital technology, the transformation occurs more on the visibility level (i.e. Arkestro sets the optimal conditions across all your spend, by default.

Procurement 52

Procurement Real-time Visibility Procurement team Purchasing 52

Arkestro

MARCH 28, 2023

According to Spend Matter’s whitepaper, “ Procurement’s future is embedded platforms: introduction to predictive procurement orchestration ,” while many organizations have adopted digital technology, the transformation occurs more on the visibility level (i.e. Arkestro sets the optimal conditions across all your spend, by default.

Procurement 52

Procurement Real-time Visibility Procurement team Purchasing 52

IBM Supply Chain Blog

JANUARY 8, 2024

They can optimize their supply chains, create delightful, personalized experiences for their customers, proactively identify quality issues or intercept customer churn before it occurs. Becoming a real-time enterprise Businesses often go on a journey that traverses several stages of maturity when they establish an EDA.

Real-time Visibility 79

Real-time Visibility Export Supply Chain Efficiency Data 79

Spend Matters

JUNE 19, 2023

Data Modeling The ability to build more sophisticated analyses on cost drivers, demand, contracts, working capital, risk, supply chain and overall procurement performance while maintaining data that is flexible and rich enough to fully support this type of spend analytics.

Real-time Visibility 78

Real-time Visibility Data e2e Quality 78

Planergy

MARCH 2, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. Managing tail spend is a worthy investment of time and resources.

supply chain budgeting 52

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

Planergy

JANUARY 19, 2023

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

supply chain budgeting 52

supply chain budgeting Procurement Supply Chain Efficiency Supply Chain Optimization 52

Planergy

JANUARY 19, 2024

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend. Taking your time throughout the process ensures you get the best possible match.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Spend Matters

JUNE 19, 2023

visibility, self-service, document exchange, etc.) Top vendors stand out with real-time collaboration and dispute resolution, extensive full access to workflow and business-rule support, and fine-grained workflow permissioning. Exploring the actual market state of the top 5 capabilities 1. with its corresponding access security.

Buyers 69

Buyers Collaboration Suppliers Agile and Lean Supply Chain 69

IBM Supply Chain Blog

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. Inventory management : Managing an inventory of spare parts and materials is a significant challenge for oil and gas companies.

Real-time Visibility 59

Real-time Visibility Inventory Budget Data 59

Pipefy

JULY 12, 2023

They serve a supporting role, allowing front office departments to function at optimal productivity. Back office operations ensure that businesses deliver goods and services accurately and on time. It ensures a business has the right product in place at the time they are needed. Which industries have more back office processes?

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Agile and Lean Supply Chain supply chain software solutions 52

Arkestro

AUGUST 15, 2022

ESG offers guidelines for the development of sustainable supply chain management strategies from the ground up. They can also manifest across the supply chain. Asset and Investment Optimization. Unfortunately, it also means that organizations don’t get adequate visibility into sub-tier suppliers.

Strategy 52

Strategy Real-time Visibility Supply Chain Efficiency Suppliers 52

IBM Supply Chain Blog

AUGUST 8, 2023

Large organizations are comprised of many assets that require continuous monitoring to ensure optimal productivity. EAMs optimize the quality and utilization of physical assets throughout their lifecycle, increase productive uptime and reduce operational costs.

supply chain software solutions 52

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

IBM Supply Chain Blog

SEPTEMBER 27, 2023

On the bright side, data also shows that artificial intelligence (AI) and automation can improve security readiness and speed response to attacks, to help dramatically shrink the data breach window before causing real harm. Greater visibility and speed are core requirements for effective cybersecurity.

Data 102

Data Real-time Visibility e2e Sourcing 102

IBM Supply Chain Blog

MAY 12, 2023

As AWS S3 usage grows, so does the cost; managing AWS S3 pricing can be complex and frustrating, especially when you’re trying to optimize your business. S3 Glacier Instant Retrieval is ideal for users seeking to save on storage costs without compromising fast retrieval times. 99.99% 99.99% Availability SLA 99.9%

Price 52

Price Management Real-time Visibility Data 52