Procurement Insights

FEBRUARY 1, 2024

This shift responds to the growing need for unified platforms that provide end-to-end process visibility, essential for global corporations seeking to streamline their procurement operations. Either way, the winds of change in procurement technology are clearly blowing in a fresh direction.

Sourcing 71

Sourcing e2e Spend management Leadership 71

Spend Matters

SEPTEMBER 14, 2023

With an increasing influence on operational and financial performance, tracking and managing ESG goals has become a top priority for companies, too, as they look at ways to incorporate sustainability into all points of the supply chain.

Procurement 103

Procurement Supply Chain Efficiency Category management e2e 103

Arkestro

JUNE 6, 2023

Limited Risk Transparency When it comes to where the majority of direct spending comes from, 70% of CFOs feel they have good visibility into top tier suppliers. However, just 15% of CFOs feel like they have visibility into tier two suppliers and beyond — a major blind spot. Plus, our tool is proactive.

Supply Chain Efficiency 52

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

Pipefy

DECEMBER 20, 2023

It also benefits end-to-end procurement management since visibility and transparency are emphasized. To better understand procurement’s influence, let’s dive into the benefits of strategic procurement to understand why it’s important. Why is strategic procurement important?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Strategic planning 52

Pipefy

FEBRUARY 3, 2023

Automated invoice processing simplifies end-to-end invoice processing activities by eliminating the time and costs associated with manually processing invoices. Build a better invoice processing workflow with The Definitive Guide to Workflow Management Download now What is automated invoice processing?

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Supply Chain Collaborator

AUGUST 30, 2018

Inbound Logistics’ Emma James put together a great list of the most commonly sought-after features and functionalities to look for in a good TMS solution in an article titled, “Choosing a TMS – What’s Your End Game”. Her TMS solution wish list includes: End-to-end execution. Item visibility. Connectivity. Ease of use.

e2e 81

e2e Bidding Logistics Influencing 81

Pipefy

JANUARY 31, 2023

Simple example of the procure-to-pay process ( click here to enlarge ) This process connects the purchasing department and the accounts (AP) department and directly influences a company’s financial projections and quarterly financial statements, which is why it’s important that the P2P process is connected and managed properly.

Risk 52

Risk Procurement e2e Purchase orders 52

SCMDOJO

JANUARY 26, 2024

Leadership involves more than just managing people; it encompasses influencing, resolving conflicts, and effectively handling crises and sharpening these skills positions you as an effective and adaptable leader in supply chain management. Focus on Leadership Skills Leadership is crucial for advancing in your supply chain career.

Supply Chain Optimization 65

Supply Chain Optimization Supply chain Leadership Supply chain management 65

Supply Chain Game Changer

SEPTEMBER 21, 2021

There are so many different influencers on inventory, and so many variables at play, that keeping the appropriate levels of inventory on hand is a herculean feat. All of these influences create an enormous juggling act challenge for Supply Chain professionals. performance, disaster recovery effectiveness, robustness, etc.).

Inventory 52

Inventory Agile and Lean Supply Chain Real-time Visibility Supply Chain Optimization 52

Supply Chain Game Changer

JULY 27, 2021

It also takes strong leadership and influence to change these paradigms and establishing a power call to action mandate. For instance, implementing a Digital Supply Chain , which is the future, requires a foundation of end to end electronic connectivity across all tiers of suppliers, partners, and customers. Conclusion.

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Supply chain Strategy Real-time Visibility 119

Solvoyo

MARCH 5, 2021

If your planning platform has inaccurate data and you don’t have visibility on the data’s quality, you will need to keep the outputs. Maintaining outlier events that have influenced demand patterns or supply availability. Optimizing supply and demand matching across the end-to-end supply chain.

Agile and Lean Supply Chain 52

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

SCMDOJO

MAY 13, 2022

The advent of containerization heralded a revolution in cargo handling techniques, the ramifications of which are still influencing maritime trade all over the world today. The extreme need to traverse these nuances has propelled logistics companies to develop new solutions and expand services.

Supply Chain Optimization 83

Supply Chain Optimization Supply chain Real-time Visibility e2e 83

Supply Chain Collaborator

AUGUST 20, 2015

Thirty-five percent of businesses recently surveyed by Gartner identified the inability to synchronize end-to-end business processes as an issue, which will increase demand for SCM application convergence. Furthermore, for all but the largest, those platforms are overkill.

Logistics 60

Logistics e2e Supply Chain Optimization Supply Chain Efficiency 60

IBM Supply Chain Blog

NOVEMBER 3, 2022

Also, 93% of global consumers say COVID-19 influenced their views on sustainability. Inventory positioning: Visibility across your entire network allows you to optimize the fulfillment of each order. Show them the tradeoffs with a “green” shipping option at check-out.

Supply Chain Efficiency 118

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 118

IBM Supply Chain Blog

AUGUST 1, 2023

Asset management: Having full visibility into all the apps installed by the end users on their laptops can be a challenge for any organization, no matter the size. Audit and compliance: Advanced endpoint protection, laptop management and risk-based application patching are all influenced by compliance requirements.

Risk 59

Risk Management Real-time Visibility e2e 59

SupplyShift

APRIL 14, 2020

Fortunately, new supply chain technologies are emerging that dramatically improve visibility across the end-to-end supply chain and support companies’ ability to resist such shocks,” the consulting firm wrote. Transparency means knowing where the materials and components in products originate. But that’s just the start.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain e2e Supply 52

Let's Talk Supply Chain

JANUARY 24, 2023

Never in modern history have supply chain leaders had more visibility, vulnerability, or accountability laid squarely at their feet. Each month our Women in Supply Chain blog series brings you the latest woman leaders and influencers so you can hear how they are making waves across the supply chain and bringing new solutions.

supply chain software solutions 98

supply chain software solutions Supply Chain Optimization Supply chain Supply 98

SupplyShift

APRIL 14, 2020

Fortunately, new supply chain technologies are emerging that dramatically improve visibility across the end-to-end supply chain and support companies’ ability to resist such shocks,” the consulting firm wrote. Transparency means knowing where the materials and components in products originate. But that’s just the start.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain e2e Supply 40

Supply Chain Trend

NOVEMBER 16, 2016

Some have a willingness to learn it, but struggle to overcome personal fears and defense mechanisms that come with working with visible goals, openly across functions. S&OP is accepted as the end to end operating model to steer the business to its vision. What do you believe can be done about that?

supply chain budgeting 115

supply chain budgeting Supply Chain Efficiency Innovation Supply chain 115

Supply Chain Game Changer

SEPTEMBER 17, 2019

Mike Mortson was recently interviewed by Oracle as a part of their Global Supply Chain Influencer program. This level of visibility also provides unprecedented responsiveness to changes in customer demand. You’ll see a premium placed on holistic, end-to-end supply chain management leadership skills. Email Address.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

Jaggaer

OCTOBER 8, 2019

This provides the foundation for visibility over all data, which is consistent for the execution of all processes, and for end-to-end process continuity, compliance and auditability. Earlier this year, JAGGAER introduced its own end-to-end platform, JAGGAER ONE: All processes, all data. One platform.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Game Changer

MARCH 28, 2020

They have an end to end view of the Supply Chain. Strategic Procurement is focussed on how to drive innovation and unique capabilities to meet end Customer and stakeholder needs and requirements. Their professional credentials will be measured by their ability to influence, persuade, and provide vision.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Procurement Software

JULY 25, 2023

Plus, we can also perform the entire end-to-end research, due diligence and hold your hand during the sourcing process for your procurement software. question, you need to be influencing and persuading Finance , IT and Operations how they will benefit. Back to the “what’s in it for them?” We cover that in more detail in point 8.

Procurement 52

Procurement Budget Data Suppliers 52

Procurement Software

JANUARY 23, 2024

End-to-end encryption provides a uniquely secure way to sign and store contracts, eliminating the need for dedicated servers and VPN connections. It uses AI-based data analytics to monitor countless influencing factors on your supplier and item portfolio and respond with effective actions in due time.

Procurement 52

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

Supply Chain Game Changer

NOVEMBER 19, 2018

In addition to these benefits, with the correct IoT infrastructure, a manufacturer is able to generate real-time data at the individual device level, as well as building granular insights at a consumer by consumer level of usage behavior, including stock levels and how this can be influenced. Proactive service.

Supply chain 60

Supply chain Real-time Visibility e2e Supply 60

Zycus Cognitive Procurement

JULY 27, 2021

The influence of automation is increasing day by day. 3) Tighter end-to-end integration enables fully automated processes, lower operating costs, reduction in FTEs etc. Procure to pay automation has come a long way in the world of procurement. Let’s begin with an analogy from television crime dramas. ROI consideration.

Procurement 40

Procurement Real-time Visibility Chief Procurement Officer e2e 40

Supply Chain Trend

AUGUST 13, 2020

IBP requires cross functional alignment to eliminate silos, to achieve accountability for delivering strategic, financial and operational outcomes, and to enable scenario planning that provides forward visibility into the consequences and risks of decisions (Sorensen, 2020). Data granularity decreases the longer the planning horizon.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Supply Chain Game Changer

APRIL 23, 2019

They have an end to end view of the Supply Chain. Strategic Procurement is focussed on how to drive innovation and unique capabilities to meet end Customer and stakeholder needs and requirements. Their professional credentials will be measured by their ability to influence, persuade, and provide vision.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

IBM Supply Chain Blog

FEBRUARY 16, 2023

Leading companies will invest in AI, ML and intelligent workflows to deliver end-to-end forecasting capabilities that utilize real-time feeds from multiple data sources, leveraging hundreds of AI and ML models, to deliver more granular and accurate forecasts and customer insights. .”

Innovation 40

Innovation Strategy Supply Chain Efficiency supply chain budgeting 40

Claritum

AUGUST 4, 2020

many influences: political, environmental and technological. Having a true understanding of the end to end impact of their Category of. and influence over their organization’s spend than average performers”. insight and visibility into detailed spend information to be able to. Extent of control / visibility.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Procurement Software

JULY 18, 2023

It gives you full visibility of your spend data, all in one place. This aims to give users greater visibility over their accounts, with 100% digital synchronisation and monitoring of their payments, along with fully automated account reconciliation. Vendorplace offers finance solutions for fast-growing companies.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52

Planergy

SEPTEMBER 12, 2023

How to gain visibility and control of your indirect spend. This strategy can significantly increase a company’s presence, customer base, and overall market influence. How to report and analyze indirect spend to identify savings opportunities.

Supply Chain Efficiency 52

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

ivalua

MAY 15, 2022

To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. Amrest needed a tool that provided global visibility into all of their brands in order to streamline their purchasing decisions. One Tool, Many Challenges.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

ivalua

MAY 15, 2022

To address their gaps, Amrest is building an end-to-end procurement process that covers all of their businesses and each unique challenge these operations face. Amrest needed a tool that provided global visibility into all of their brands in order to streamline their purchasing decisions. One Tool, Many Challenges.

e2e 130

e2e Procurement supply chain budgeting Purchasing 130

Claritum

NOVEMBER 16, 2018

The procurement environment is dynamic and constantly changing with many influences: political, environmental and technological. Having a true understanding of the end to end impact of their Category of products or services within their organisation (the value chain.). Step 4 Don’t lose Procurement focus on costs.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Supply Chain Trend

MARCH 31, 2017

It further explains the phases planning capability will need to go through and how planning can nurture and influence a company culture. These aspirations can be accompanied by vivid future planning descriptions like: ‘our plans will provide visibility to anticipate issues before they eventuate’. ‘we Key points. Functional Planning.

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Strategic planning Budget Leadership e2e 60