Procurement Tactics

AUGUST 23, 2022

Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is. So without further ado, let’s start uncovering contract management. .

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Contract management Contract supply chain software solutions Management 130

Spend Matters

FEBRUARY 13, 2023

The last few years have put the word “supply chain” in the headlines as so-called supply chain disruptions and shortages have impacted everybody. Even now, supply chains are far from being “back to normal.”

Risk management 68

Risk management Supply Chain Optimization Risk Supply chain 68

Supply Chain Game Changer

APRIL 29, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Investment Challenges – Real and Imagined! Intelligent Supply Chain technologies article and permission to publish here provided by Dan Weinberger , UN Supply Chain Expert and CEO of Morpheus Network. Subscribe Here! Email Address.

Supply Chain Optimization 135

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

SCMDOJO

JUNE 21, 2023

The Supply Chain as a Service (SCaaS) market has experienced significant growth in recent years, with even greater potential ahead. SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. Let’s delve into this emerging concept.

Supply Chain Optimization 92

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 92

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! Tip #1 – Use holistic data modeling to optimize organizational needs. That’s significant.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

IBM Supply Chain Blog

NOVEMBER 3, 2022

When your sourcing team chooses what to buy and who to buy from, are you selecting vendors who share the same social values as your brand? Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Why is supply chain sustainability important?

Supply Chain Efficiency 112

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 112

Supply Chain Game Changer

AUGUST 19, 2022

Subscribe to Supply Chain Game Changer. Supply chain management and contract lifecycle management are key ingredients to business success. The journey from idea to end product to shipment and delivery is exciting, yes, but rather complicated — fueled with many moving parts. Let us find out.

Contract 97

Contract supply chain budgeting Management Supply Chain Efficiency 97

Supply Chain Game Changer

MARCH 16, 2021

Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! We were a global Supply Chain, Logistics and Distribution company. I/T was going to be a source of competitive differentiation. And I/T was going to power the Smart Supply Chain of the future!

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 100

Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes. And the maximum value can be extracted from these new tools through strategic integration.

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Procurement solutions Procurement e2e Real-time Visibility 79

Spend Matters

JANUARY 5, 2024

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data. AP Automation Tipalti is an AP automation specialist.

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e2e Procurement supply chain software solutions Contract 73

Supply Chain Game Changer

NOVEMBER 14, 2018

Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Is Your Supply Chain Ready To Recover? Automation is one of the hotter topics in the supply chain community – as it is across the entire economy.

Supply chain management 86

Supply chain management Supply chain management Supply Chain Optimization Supply chain 86

IBM Supply Chain Blog

DECEMBER 8, 2023

By implementing a code freeze, you also miss opportunities like optimizing to boost conversion. Instead of freezing your way through the holidays, consider taking a more proactive stance to diagnose, handle and react to outages during these peak periods (and all the time, really) with an AI-powered approach to incident management.

e2e 117

e2e Real-time Visibility Management Data 117

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). What are No-code Platforms?

supply chain software solutions 111

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 111

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

World of Procurement blog

MAY 10, 2024

This supports strategic sourcing efforts. This maximizes value from sourcing partnerships. Enhancing contract management : Natural language processing enables AI to extract key data from contracts. This enables more strategic category management, highlighting categories with excessive spend or frequent maverick buying.

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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Game Changer

APRIL 21, 2020

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! Everyone involved in these Supply Chains is abiding by the social distancing and protective mandates we all are adhering to. What is a Don’t Touch Supply Chain Strategy?

Agile and Lean Supply Chain 91

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

Spend Matters

OCTOBER 4, 2023

Our coverage also explores the latest thought leadership topics about procurement and supply, the technology that serves it and comparative analyses based on demos and the scoring of 500+ RFI requirements across 12 source-to-pay (S2P) categories that create our Vendor Ranking data.

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Procurement e2e Contract Sourcing 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

Supply Chain Game Changer

JULY 30, 2019

Subscribe to Supply Chain Game Changer. In business it is not uncommon to hear the words “Logistics Management” and “Freight Management” thrown around interchangeably. But for those who are professionals working in the Supply Chain field there can be very unique distinctions in this terminology.

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Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

Supply Chain Opz

AUGUST 2, 2018

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

Supply Chain Optimization 40

Supply Chain Optimization e2e Inventory Real-time Visibility 40

Supply Chain Opz

JANUARY 17, 2017

Supply Chain Management is complex and truly mastered by few. For those of us who have made our careers in supply chain, one of the great challenges, and the attraction of the discipline, is the variety of differing opinions about what constitutes ‘excellence in supply chain’ and how it can be best achieved.

e2e 40

e2e Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 40

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

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Procurement strategies Strategy Procurement Supply Chain Efficiency 68

SCMDOJO

MAY 13, 2022

By mid-April, the shipping traffic jam, part of a broader gridlock in supply chains around the world amid disruptions from the coronavirus pandemic, started thinning while record cargo volumes were reported in the U.S. Supply Chain KPI Dashboard. Source: project44 Monthly report.

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Supply Chain Optimization Supply chain Real-time Visibility e2e 83

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

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

IBM Supply Chain Blog

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. The management team defines the organization’s long-term goals and objectives.

supply chain software solutions 80

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 80

Arkestro

DECEMBER 12, 2022

The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Supply Chain Trend

OCTOBER 25, 2023

What would a Martian expert in supply chain planning and technology think when looking back at earth? Closing the planning automation gap After more than hundred years of automating our physical assets in the supply chain, we now have automated warehouses, trucks, productions plants and delivery drones.

e2e 88

e2e Supply Chain Efficiency Supply Chain Optimization Leadership 88

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

Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Lack of Visibility Beyond Tier 1. And, only 15% had visibility into tier 2 or beyond.

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supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Empowering CPO

JULY 2, 2023

The procurement process, which involves sourcing and purchasing goods and services, plays a vital role in ensuring businesses operate efficiently and competitively. Yet, the intricacies of this process, especially in terms of supplier management, can present a myriad of challenges.

Risk management 40

Risk management Risk Suppliers Management 40

Pipefy

DECEMBER 20, 2023

The result is greater supply chain predictability, more accurate decision-making, and better business agility. Strategic procurement leverages data to reduce risks across the entire procure-to-pay process and identify opportunities for long-term and continuous forecasting and optimizations. What is strategic procurement?

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

JUNE 26, 2023

Automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience. To meet your own sustainability challenges, start by optimizing your data center ; data centers worldwide account for 1-1.5%

e2e 54

e2e Real-time Visibility Sustainability Data 54

Pipefy

JANUARY 11, 2023

Following recent unprecedented events and disruptions, one thing has become clear: procurement optimization is no longer just about cost-effectiveness or efficiency. . 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.

Strategy 52

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

Arkestro

JUNE 6, 2023

Without the right communication, priorities, and technology to help, managing the procurement-finance relationship can become unnecessarily complicated. Spend Under Management: Is the spend associated with contracts, rates, and purchase orders being managed according to expectations?

Supply Chain Efficiency 52

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

Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. 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

IBM Supply Chain Blog

FEBRUARY 15, 2024

Kubernetes (K8s) containers and environments are the leading approach to packaging, deploying and managing containerized applications at scale. The dynamic, open-source , microservices-based configuration of Kubernetes can be a great fit for businesses that are looking to maximize infrastructure agility. How does observability work?

Real-time Visibility 69

Real-time Visibility e2e Data Networking 69