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

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance. Maverick buying .

e2e 130

e2e Suppliers Procurement Contract 130

HICX

FEBRUARY 15, 2024

Despite wider global markets beginning to settle and inflation falling, this trend will likely continue with organizations investing more in managing their supply chains. Since then, there has been a renewed focus on digitalization of supply chain management that provides a holistic view of the supply chain with transparency.

Supply chain management 52

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

SCMDOJO

FEBRUARY 6, 2024

To mitigate the issues of the end-to-end supply chain and cope with customer expectations, organizations are constantly focusing on reducing the delivery lead time. One of the essential steps to reduce the lead time is to manage inventories in every form like raw material, semi-finished products, and final goods.

Inventory 83

Inventory Supply Chain Efficiency e2e supply chain software solutions 83

Procurement Tactics

JUNE 28, 2023

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. Procurement Tracking is the process of monitoring and managing procurement activities. What is Procurement Tracking?

Supply Chain Efficiency 178

Supply Chain Efficiency Procurement supply chain software solutions supply chain budgeting 178

Pipefy

FEBRUARY 3, 2023

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

e2e 59

e2e Management Purchase orders Real-time Visibility 59

ivalua

MARCH 9, 2023

Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. ​ It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

IBM Supply Chain Blog

FEBRUARY 13, 2024

Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service. In addition to ethical and responsible sourcing assurances, blockchain-based sourcing capabilities can also help guarantee high-quality products.

Strategic sourcing 85

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 85

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Empowering CPO

JULY 2, 2023

Yet, the intricacies of this process, especially in terms of supplier management, can present a myriad of challenges. Enter EmpoweringCPO, a dedicated procurement services company committed to transforming the way businesses manage their procurement needs.

Risk management 40

Risk management Risk Suppliers Management 40

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 83

Procurement solutions Procurement e2e Real-time Visibility 83

ivalua

OCTOBER 29, 2019

It is one thing to make tenders public, and another to offer suppliers visibility into the end-to-end bid management process and final award decisions. This encourages more diverse participation and improves the quality of responses – and therefore creates value for the general public.

e2e 113

e2e Procurement Bidding Suppliers 113

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. And, only 15% had visibility into tier 2 or beyond. Dirty Little Secret #1. Dirty Little Secret #2–4.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

ivalua

SEPTEMBER 2, 2019

Orsay (France), September 02, 2019 – Viparis has chosen e-Procurement software vendor Ivalua and Consulting firm CKS to optimize the management of supplier relations, source-to-contract (purchase orders, calls for tender and contracts), expense analysis and measurement of Procurement performance.

e2e 133

e2e Procurement Purchase orders Project management 133

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. Integration of supply chains is widely helpful in lowering costs and increasing quality. What is a supply chain management system (SCM)? It has made visible changes in the SCM systems.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

Procurement Heads

NOVEMBER 9, 2022

From then, seeking a new challenge, I moved to LV= to IT procurement a couple of years later and didn’t look back until earlier this year when I was presented with a great opportunity to head up the non-Claims Supplier Relationship Management (SRM) team here at Allianz Holdings, after first TUPE’ing across at the start of 2020.

e2e 130

e2e supply chain budgeting Agile and Lean Supply Chain Chief Procurement Officer 130

Supply Chain Game Changer

SEPTEMBER 6, 2022

This activity includes collecting and storing inventory, fulfilling orders, and managing the post-sales process. If possible, you should also consider investing in warehouse management software to help you track inventory and boost the efficiency of your inventory management processes. Enable End-To-End Order Visibility.

Order Fulfillment 94

Order Fulfillment Supply Chain Efficiency e2e Real-time Visibility 94

IBM Supply Chain Blog

SEPTEMBER 27, 2023

In modern software and system management, observability goes beyond focusing on just one part of the stack. By integrating observability mechanisms into mobile apps, developers can gain insights into user interactions, performance bottlenecks and errors, helping improve user experience and overall app quality. Why is this a myth?

Real-time Visibility 77

Real-time Visibility e2e Data Influencing 77

ivalua

NOVEMBER 14, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Gartner predicts that by 2023, organizations that don’t optimize supplier master data management (MDM) could have wrong information for half of their suppliers! Don’t forget about processes to manage data creation and maintenance. That’s significant.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

Supply Chain Game Changer

NOVEMBER 27, 2019

In supply chain management, it is essential to keep all unnecessary costs mitigated. It is vital in supply chain management to avoid these five costly errors. Neglecting metrics and analytics your supply chain management collects. In all aspects of managing a business, you need to plan for the future.

Supply chain management 74

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 74

ivalua

NOVEMBER 25, 2020

As a result of the disruption, cost management and supply chain visibility were suddenly top of mind for executive leadership teams. . Historically, the role of Procurement has been regarded as being exclusively aligned with cost management and supplier management , which is only part of the full picture.

Chief Procurement Officer 130

Chief Procurement Officer Agile and Lean Supply Chain Procurement Supply Chain Efficiency 130

ivalua

MAY 19, 2022

This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers. There are several very visible areas of monetary savings. Basically, creating happy suppliers, and members of the AP team.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

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

SCMDOJO

APRIL 24, 2024

AI-powered optimization AI-powered optimizations change supply chain management, as they find ground in the machine learning and AI rise. The amplified visibility lets companies verify the authenticity and provenance of products, reduces the risk of counterfeiting, and helps ensure regulatory compliance. billion by 2026.

Supply Chain Efficiency 57

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 57

Empowering CPO

JULY 16, 2023

Introduction Brief Explanation of Managed Procurement Services In today’s interconnected business world, the seamless acquisition of goods and services is paramount to the smooth operation of any organization. This is where managed procurement services come into the picture.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Solvoyo

AUGUST 17, 2020

Are you using spreadsheets as a supply chain planning tool to collect and manage your data and perform analysis? It turns out “insiders joke about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets” according to Requis. 2) Lack of access to real time data.

Supply Chain Analytics 52

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

Solvoyo

AUGUST 17, 2020

Are you using spreadsheets as a supply chain planning tool to collect and manage your data and perform analysis? It turns out “insiders joke about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets” according to Requis. . 2) Lack of access to real time data.

Agile and Lean Supply Chain 52

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

Pipefy

JANUARY 30, 2024

From procure-to-pay software to spend management and analysis tools, procurement technologies are disrupting the status quo and bringing efficiency to teams like never before. Contract and compliance management. Supplier performance management. Purchase orders. Invoice approvals. Work handoffs between teams or processes.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Pipefy

JANUARY 5, 2024

In addition to applying several intertwining processes each day to produce goods and services, regulation adherence, and timeliness, those processes must be carefully managed at all times to ensure quality. Document processes from end to end (often time stamping each process phase). Increase productivity.

Real-time Visibility 52

Real-time Visibility e2e Data Leadership 52

Supply Chain Game Changer

JULY 16, 2019

Shortly after I joined the Commodity/Category Management Procurement organization I was invited to attend the annual Strategic Supplier Awards event. Prior to joining the Procurement team I had neither understood nor appreciated the importance of Supplier Relationship management. Subscribe Here! Email Address. DO’s.

Supplier relationship management 58

Supplier relationship management Suppliers Management e2e 58

Pipefy

JUNE 14, 2023

Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. ignoring the importance of data quality, 2. Spend analytics creates the visibility procurement teams need to complete a spend analysis.

Real-time Visibility 52

Real-time Visibility e2e Procurement team Contract 52

Supply Chain Game Changer

SEPTEMBER 5, 2022

The Digital Supply Chain involves the application of a large variety of technologies built on a backbone of real time electronic connectivity and visibility of every aspect of the entire end to end Supply Chain. End to End Supply Chain Network Mapping. This is a difficult challenge.

Supply Chain Optimization 92

Supply Chain Optimization Supply chain Real-time Visibility e2e 92

IBM Supply Chain Blog

JANUARY 15, 2024

Emphasizing ‘Lean Processes’ as a foundational initiative in the company’s 2023 plan, the objective is to enhance overall process management capabilities by constructing specific process-related methodologies, systems, and tools.

Innovation 74

Innovation e2e Data Quality 74

Pipefy

JANUARY 31, 2023

These processes become unreliable when inefficiencies are not planned for, not identified and dealt with properly and in a timely manner, or when risk assessment and management protocols fail. Keep an eye out for any of the following to maintain your procurement and P2P management.

Risk 52

Risk Procurement e2e Purchase orders 52

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

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. A key characteristic of the CI/CD pipeline is the use of automation to ensure code quality. Next steps: Start with What is incident management?

e2e 55

e2e Real-time Visibility Sustainability Data 55

Pipefy

FEBRUARY 28, 2024

Benefits and challenges of workflow orchestration You may be thinking: “ Workflow orchestration is clearly the better choice , s o w hy would I choose another method of workflow management? ” We’ve provided a few benefits and challenges to workflow orchestration as you consider process management options. Benefits Cost reduction.

e2e 52

e2e Real-time Visibility Price Data 52