Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. However, what is it?

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Inventory Management Real-time Visibility Inventory control 187

Procurement Tactics

JULY 20, 2023

Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. Supplier Order Management Software: What it is?

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supply chain software solutions Suppliers Management Real-time Visibility 134

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Customers receive orders on-time without backlogs. Proactive risk management prevents major losses.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

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. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

Spend Matters

OCTOBER 10, 2023

As business travel rebounds to pre-pandemic levels, finance leaders must leverage this window to reassess, re-evaluate, and re-imagine travel and expense management processes and strategies. Real-time expense automation is the future. Business travel isn’t going anywhere.

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Real-time Visibility Management e2e Budget 97

SCMDOJO

JANUARY 18, 2024

Globalization has sped up business growth and enhanced the need for management tasks. In the supply chain, order management and inventory management play significant roles in rapid growth. Business success requires efficiency and effectiveness in managing an increasing number of orders. What is Order Management?

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Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Real-time Visibility 76

SCMDOJO

FEBRUARY 20, 2023

Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success. To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Strategy 103

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 103

Finale Inventory

FEBRUARY 27, 2024

But as you get your listings ready for expansion, have you thought about how these avenues for growth also introduce complexity for your ecommerce operations – especially with inventory management? To prevent mistakes, you need to stay vigilant and proactive – and you need a robust toolset to support a systematic inventory approach.

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Supply Chain Game Changer

JULY 27, 2021

The Parallel Supply Chain … A Twilight Zone Strategy? For that reason we wonder whether the resilient Supply Chain is a passing fad or a sustainable strategy? You need the vision, the leadership, the strategy, and the resources to implement this capability. Stuff happens, and it happens all the time. Subscribe Here!

Agile and Lean Supply Chain 119

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

IBM Supply Chain Blog

JUNE 30, 2023

. ​ Automotive supply chain facts Up to 50 percent of unscheduled downtime is due to a lack of spare parts or stockouts ( The Importance of Inventory Optimization in MRO, July 2015 , Aberdeen Group) Generally, 99% of [semiconductor] manufacturing foundries have no visibility where the part is going. Why is this happening?

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supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 65

Supply Chain Game Changer

JANUARY 14, 2020

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.

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Supply Chain Game Changer

NOVEMBER 13, 2018

So why is it that the Supply Chain in so many companies is being run without the end to end visibility needed to even function, yet which we have in our personal lives? In this age of exponential growth in digital connectivity the time has come to ensure you have End to End Supply Chain visibility.

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Real-time Visibility e2e Supply Chain Efficiency Supply chain 72

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?

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Sourcing Real-time Visibility e2e supply chain software solutions 130

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. Whether it will be worth it, only time will tell. Let’s see the most common trends in 2024. An expensive one, we dare say.

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Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 58

Supply Chain Game Changer

NOVEMBER 11, 2020

Instead of waking to a real Christmas horror, ensure your supply chain is capable of handling peak demands by understanding the problem with poor peak season planning, how the right strategies build optimization, and by applying these nine critical best practices. The Problem With Poor Peak Season Fulfillment Strategies.

Strategy 84

Strategy Agile and Lean Supply Chain Supply Chain Optimization Real-time Visibility 84

Jaggaer

JULY 7, 2020

“What’s really beneficial is that we get instant insight into actual versus planned across all of our contracts, is our spend with a particular carrier a lot more or a lot less?” – Srestha Dutta, Global Process & Technology Senior Manager. These should provide end users with visibility across their assigned scope.

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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. This means bringing the right people — including procurement — to the strategy table. All this combined is a recipe for end-to-end operational inefficiency.

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Innovation Strategy e2e Supply Chain Efficiency 52

Supply Chain Game Changer

JANUARY 7, 2021

Digital Supply Chain strategies article and permission to publish here provided by Alejandro Carrera. No matter the niche, the customer today expects both products and services to be delivered real quick and tailored to unique requirements. Effective digital supply chain strategies can help organizations stand out from the crowd.

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Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 84

IBM Supply Chain Blog

FEBRUARY 26, 2024

This week, as thousands of network operators, technology vendors, and mobile device providers from all over the world converge on Barcelona for Mobile World Congress , it’s the perfect time to discuss how IBM® is shaping the future of network operations and telecommunications. The telecom industry is no exception.

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Real-time Visibility e2e Networking Data 101

Supply Chain Game Changer

SEPTEMBER 6, 2022

This activity includes collecting and storing inventory, fulfilling orders, and managing the post-sales process. A company with an efficient order fulfilment strategy can eliminate costly mistakes, reduce shipping expenses, and save resources. Here are six practical strategies to improve your eCommerce order fulfilment process.

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IBM Supply Chain Blog

JUNE 30, 2023

Purpose Savvy sustainable consumers want end-to-end visibility into a product’s origins to ensure that it was sustainably developed and transported every step of the way. So make sure that you have real-time inventory visibility to deliver on your promises (what’s in-stock, when purchased items will ship and arrive).

Retail Supply Chain 63

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 63

Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. One approach is to develop and deploy Don’t Touch Supply Chain strategies! Subscribe Here! Email Address.

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Agile and Lean Supply Chain supply chain budgeting supply chain software solutions Supply Chain Optimization 91

World of Procurement blog

MAY 10, 2024

Enhancing contract management : Natural language processing enables AI to extract key data from contracts. 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.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Game Changer

FEBRUARY 6, 2020

Do you have a Freight Management Strategy or are you Spinning your Wheels? Freight Management Hell article originally published by, and permission to publish here provided by, Adam Robinson at cerasis.com. The road to freight management Hell is laden with poor freight visibility and outdated systems.

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Real-time Visibility e2e Management supply chain budgeting 71

Supply Chain Game Changer

MAY 4, 2021

Schedules would be adhered to, deliveries would be made on time, commitments would be met, financial results would be accurate, customers would be delighted, employees would be happy, and stakeholders would be sitting back at ease watching their company flourish. Resilient Supply Chain Design is a Smart Strategy.

Strategy 92

Strategy Real-time Visibility Agile and Lean Supply Chain Supply chain 92

Let's Talk Supply Chain

JULY 9, 2023

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.” You can increase your conversion by providing more options!”

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Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

Supply Chain Game Changer

FEBRUARY 8, 2022

Once admired just-in-time systems have faltered badly. Supply Chains involve leadership and executive management, development, marketing, planning, finance, sourcing, procurement, manufacturing, distribution, warehousing, customer service, I/T, engineering, order management, reverse logistics, environmental responsibility and more.

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Supply chain Real-time Visibility e2e Supply 90

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Control Towers – Is Yours Real or Just Smoke and Mirrors? The concept of the “control tower” is increasingly becoming widespread in Supply Chain Management, and Control Tower technologies are a popular topic right within the supply chain community. So, control towers are an attempt to combat it with visibility.

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Supply Chain Efficiency Real-time Visibility supply chain budgeting Supply Chain Optimization 53

IBM Supply Chain Blog

MARCH 20, 2023

To successfully align your data and analytics strategy with your business strategy, you need the right data architecture in place. A recent IBV Chief Data Officer study revealed that 63% the top the CDOs surveyed are aligned with the business strategy in compared to 48% of other surveyed CDOs.

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Data Strategy e2e Business strategy 52

Pipefy

JANUARY 11, 2023

In this post, we’ll explore what procurement transformation is, why it’s needed, and how it can help procurement teams meet changing needs and manage ever-evolving processes. Build better processes with the Definitive Guide to Workflow Management Download now. What is a procurement transformation strategy?

Strategy 52

Strategy Procurement supply chain software solutions Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Check out Why don’t you have a TMS (Transportation Management System) Solution yet? Yet it is managed by one or two people, with no support, and no visibility from upper management. Aside from the cost impact the service implications of a poor Freight management system are enormous.

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IBM Supply Chain Blog

NOVEMBER 8, 2023

For the first time, the rule establishes additional recordkeeping requirements for any US-based entity that manufactures, processes, packs or holds foods on the Food Traceability List. With greater tracking and traceability, for example, comes real-time demand insight.

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Supply Chain Efficiency Real-time Visibility supply chain budgeting e2e 113

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. Because procurement teams provide critical insights to inform business strategy , identifying opportunities to cut costs is one of the most important ways they do this. Contract and compliance management. Purchase orders.

Agile and Lean Supply Chain 52

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

Pipefy

JANUARY 5, 2024

Let’s examine the transformative potential of historical and real-time process tracking on businesses, along with their ability to empower those businesses to make better-informed decisions. Document processes from end to end (often time stamping each process phase). What is process tracking? Increase productivity.

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Supply Chain Game Changer

NOVEMBER 16, 2021

It’s a good time to reflect on recent global events and what this should mean for the future. Despite the cataclysmic disruption caused by the pandemic, inertia will prevent real and sustainable progress from being made. And having the courage to implement these changes will be the real test of leadership.

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Supply chain Real-time Visibility e2e Supply 89

IBM Supply Chain Blog

SEPTEMBER 13, 2023

They all work toward the common goal of creating secure, compliant, real-time, ubiquitous and low-cost payment rails. Liquidity must be managed 24 hours a day to ensure the availability of funds for both customers and the bank’s real-time payments, alongside clearing and settlement systems.

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Zycus Cognitive Procurement

NOVEMBER 29, 2022

In good times, operating leverage (ratio of fixed and variable costs) can supercharge profit growth. However, in times of growth, new costs and expenses also tend to creep in, and over time, these costs harden and morph into fixed cost structures. In troubling times, high operating leverage comes back to bite, crushing profits.

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