Remove e2e Remove Innovation Remove Purchasing Remove Real-time Visibility
article thumbnail

4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation. Try out cognitive intelligence free for 30-days.

Sourcing 105
article thumbnail

Intake & Procurement Process Orchestration (2024 Guide)

Procurement Software

Enhanced Efficiency and Visibility: By adopting process orchestration tools and platforms, businesses gain real-time insights and control over their procurement activities, facilitating quicker decision-making and improved risk management. It begins the process of integrating various parts of the business to work cohesively.

professionals

Sign Up for our Newsletter

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

article thumbnail

348: How COVID Changed Last Mile Delivery Forever, with SEKO

Let's Talk Supply Chain

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.” 34.51] The future for SEKO.

article thumbnail

Key Trends and Themes for Supply Chain and Logistics in 2024

SCMDOJO

One interesting fact is that companies that adopt digital transformation and supply chain innovation can expect operational cost savings of up to 30%, according to a recent McKinsey study. Whether it will be worth it, only time will tell. An expensive one, we dare say.

article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

Multi-functional technology enables you to train anywhere at any time, while ever-learning programming allows you to experiment and practice to achieve different outcomes. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game. These modules can be purchased separately or as one complete suite.

article thumbnail

Procurement Technology: 6 Solutions You Should Know In 2024

Pipefy

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. That’s where procurement, sourcing, and purchasing technology comes in. P2P software like Pipefy makes it easy to fast-track PO cycle time and streamline stakeholder coordination. Purchase orders. Invoice approvals.

article thumbnail

The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

It involves the active streamlining and integration of key processes across purchasing, manufacturing, warehousing, and transportation. Information must flow constantly to enable planning and management of inventory, production scheduling, order fulfillment, and more. Customers receive orders on-time without backlogs.