SCMDOJO

APRIL 4, 2023

When it comes to managing a supply chain, having access to real-time data can be a game-changer. By providing visibility into every aspect of the supply chain, companies can identify bottlenecks, reduce waste, and minimize delays. This can result in faster delivery times and improved customer satisfaction.

Supply Chain Analytics 111

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 111

Finale Inventory

DECEMBER 15, 2023

Transfer orders are documents or electronic requests used to move on-hand inventory from one location to another. They are particularly crucial in businesses with multi-warehouse operations and Amazon FBA because moving the correct stock is crucial for maintaining inventory balance and meeting customer demand.

Warehouse operations 98

Warehouse operations Supply Chain Efficiency Real-time Visibility Inventory 98

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 89

Procurement strategies Innovation Strategy Procurement 89

SCMDOJO

DECEMBER 28, 2023

This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. Limited Visibility: These supply chains have restricted visibility, with real-time information being scarce.

Supply Chain Efficiency 76

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 76

IBM Supply Chain Blog

NOVEMBER 24, 2023

The real problem lies in how the IT is organized, which reflects in how their current applications/services are built and managed (refer to Conway’s law ). Lack of alignment of IT capabilities to business capabilities impacts time to market and business-IT.

Real-time Visibility 94

Real-time Visibility Data Cost of ownership Strategy 94

World of Procurement blog

MAY 10, 2024

Spend Analysis and Classification with AI AI and machine learning are transforming spend analysis and classification, providing procurement teams with unprecedented visibility into organizational spending. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Zycus Cognitive Procurement

SEPTEMBER 28, 2022

This document will contain detailed information about the required goods/services along with their pricing. The 3-way match principle establishes that data points in all 3 documents must match for a successful 3-way matching. Time-consuming – The entire process from receiving the PO to making the payment can take up to 30 days.

Real-time Visibility 40

Real-time Visibility Purchase orders Purchasing Suppliers 40

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

Procurement Heads

AUGUST 2, 2023

Additionally, it felt like the right time for a new challenge, as I had spent nearly 24 years with my previous employer. Increase in cyber-attacks hindering our supply chain which is a current real threat. The document sets out our expectations over the next few years: this year, next year and 2025.

Supply chain 130

Supply chain Real-time Visibility Sustainability Procurement strategies 130

Pipefy

MARCH 28, 2024

AI boosts BPA platforms’ power, giving them the ability to search and analyze huge amounts of data in a very short time. Leaders get real-time numbers that alert them to upcoming trends and market shifts. The AI attribute changing the workflow management game, however, is its rapid data analysis capability.

e2e 52

e2e Real-time Visibility Data Sourcing 52

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 109

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 109

Spend Matters

OCTOBER 10, 2022

Categories: Accounts Payable , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the AP automation vendor OpenEnvoy and its real-time AP automation solution. This can lead to unnecessary spend and can limit visibility of invoice records.

Real-time Visibility 50

Real-time Visibility Logistics Buyers Data 50

Procurement Tactics

DECEMBER 6, 2022

However, these manual processes are ineffective and cost a lot of effort, time, and money. The procurement policy is the document that tells the responsibilities and boundaries in using the money of a company. Visibility of expense data. What is Spend Management? Ultimate Supplier Plotting Checklist 2022. Know your spending.

Spend management 172

Spend management Management Real-time Visibility Budget 172

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

Planergy

JULY 27, 2023

How to gain visibility and control of your indirect spend. Expense reporting is the process of documenting and submitting expenses incurred by an individual or an organization during business operations. Timeliness Expenses must be reported in a timely manner. Software can help automate and streamline your processes.

Real-time Visibility 52

Real-time Visibility Purchasing Management Budget 52

IBM Supply Chain Blog

JUNE 5, 2023

Whenever a person or entity submits a service request, the maintenance team that receives it must create a formal paper and/or digital document that includes all the details of maintenance tasks and outlines a process for completing the tasks. That document is called a work order.

Management 70

Management Real-time Visibility Data Inventory 70

Pipefy

MAY 23, 2023

Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses. Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

EazyStock

JUNE 10, 2022

Calculating demand forecasts and replenishment parameters can also be very challenging and time-consuming without software. An inventory optimization app focuses on optimizing stock levels – reducing the risk of stock outs while ensuring you don’t over-invest and carry too much excess. Online file and document storage.

Real-time Visibility 52

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

SCMDOJO

OCTOBER 14, 2023

Now, real-time connections provide more accurate data and information, which helps create collaboration in the digital world. It has made visible changes in the SCM systems. It becomes practical by adding documents about the origin and worth of the finished products. All this data has a timestamp.

Supply Chain Efficiency 90

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 90

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

Empowering CPO

JUNE 26, 2023

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.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

SCMDOJO

JULY 24, 2023

They can be businesses or individual consumers who expect their orders to be delivered in a timely manner and in good condition. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Contract 92

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 92

ivalua

JUNE 11, 2019

For the longest time, leading Procurement technology providers in my experience just ignored this space. The goal being to build in best practices that we’ve seen across our Public Sector customers, so that they are able to deploy and get up and running faster, thereby drastically reducing time-to-value.

Procurement 169

Procurement Real-time Visibility e2e Competitive bidding 169

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 76

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 76

The Network Effect

AUGUST 21, 2015

While there are a number of detailed requirements listed below related to inbound logistics (which are fully complied with in the new cloud network platforms we have been discussing), the real key is that in addition to optimizing transportation and logistics costs, we also want full inventory visibility and control.

Real-time Visibility 57

Real-time Visibility Logistics Supply Chain Optimization Supply chain 57

Pipefy

JANUARY 31, 2023

This complexity creates headaches for procurement teams and fuels an error-prone and resource-consuming approval loop that obstructs visibility into the approval process. Purchase requisition approval flow example A requisition is an internal document that serves as the starting point for all purchases.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

IBM Supply Chain Blog

AUGUST 5, 2021

The need for innovation and modernization in automotive business networks is crucial to remove friction, enable visibility and build resiliency for whatever comes next. . Automate supplier onboarding: One major reason companies can’t adapt adequately enough is because they can’t find and integrate the right suppliers in a timely manner.

Collaboration 52

Collaboration Suppliers Agile and Lean Supply Chain Real-time Visibility 52

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? And since one of the major drivers of resiliency is visibility, you can see where this problem takes root.

Real-time Visibility 81

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 81

Pipefy

JUNE 30, 2023

Manual service desk support entails a mix of answering phone calls, monitoring email in real-time, spreadsheets shared among multiple people, and, at minimum, hours of repeatedly dispensing the same solutions to different clients. The job is added to their work queue, along with an allotted amount of time to complete it.

Real-time Visibility 52

Real-time Visibility Data Import Management 52

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

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. Data analytics provides actionable insights to save time, effort and cost. electronics). Hyperautomation.

Supply Chain Optimization 135

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

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! It could be open-ended feedback, images, video, audio, or general business documents.

Inventory 52

Inventory Data Management Real-time Visibility 52

Spend Matters

MARCH 25, 2024

Having led multiple projects to select and deploy technologies and worked both as a practitioner and a consultant, he knows the amount of time and effort procurement puts into finding a practical solution to help them run more efficiently, and that spurred his move to form iKinetiq. “A

Procurement contracts 107

Procurement contracts Contract Procurement Negotiation 107

Una

AUGUST 2, 2022

Fully-automated spend categorization will boost visibility, free up time, supercharge advanced analytics, and improve decision-making. AI is also getting better at reading unstructured documents including supplier contracts, with one study revealing that AI read a contract in 26 seconds while human lawyers took 92 minutes.

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

IBM Supply Chain Blog

OCTOBER 16, 2023

It includes processes that trace and document the origin of data, models and associated metadata and pipelines for audits. Foundation models can use language, vision and more to affect the real world. Capture and document model metadata for report generation. Increase trust in AI outcomes.

Risk 74

Risk Management Ethics Real-time Visibility 74

Procurify

MAY 19, 2022

Improve communication across teams so everybody can save time and stay aligned. So, we promise, the time you spend reading this will make your personal and professional life more efficient and less stressful. Review fixed assets and do a physical inventory count. Eliminate frustrations from paper files being inaccessible.

Real-time Visibility 52

Real-time Visibility Networking Collaboration e2e 52

IBM Supply Chain Blog

MAY 28, 2024

Even more, a good data protection strategy can improve business operations and minimize downtime in a cyberattack, saving critical time and money. Maintain strict documentation Documenting sensitive data in a hybrid IT environment is challenging but necessary for any good data protection strategy.

Data 54

Data Strategy Risk Real-time Visibility 54