Una

MAY 11, 2023

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Who are the key suppliers ?

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain.

Supply Chain Visibility 74

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 74

ivalua

JUNE 11, 2019

At some point, there was a need for this, a solicitation process to select a supplier, a competitive bidding process, a contract negotiation, transactions and so on. For the longest time, leading Procurement technology providers in my experience just ignored this space.

Procurement 169

Procurement Real-time Visibility e2e Competitive bidding 169

Arkestro

JUNE 6, 2023

Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget. Purchases in Time and Budget: How many purchases are on budget and on time? Procurement Cost Reduction: How are costs being reduced over time? Emergency Purchase Ratio: How many unplanned purchases are being made?

Supply Chain Efficiency 52

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

SCMDOJO

JULY 24, 2023

Depending on the specific needs of the client, the scope of contract logistics can range from managing individual aspects of the supply chain to offering full end-to-end solutions. They can be trucking companies, airlines, shipping lines, or rail operators, depending on the mode of transportation chosen for the specific shipment.

Contract 91

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 91

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Pipefy

DECEMBER 6, 2023

No matter how much they differ, efficient and friction-free workflows typically share the following traits: they provide visibility, employees are aligned on changes and requirements, fosters accountability, and creates a positive business impact. Visibility Each step in a workflow should be visible.

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

Supply Chain Game Changer

FEBRUARY 12, 2020

There are tremendous benefits but there are obstacles, real or perceived, that get in the way. We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). Supply Chain as a Service (SCaaS)! . Loss of Control.

Real-time Visibility 76

Real-time Visibility Management Supply Chain Optimization supply chain budgeting 76

Supply Chain Game Changer

NOVEMBER 26, 2018

Yet it is managed by one or two people, with no support, and no visibility from upper management. Supply chain visibility is also incredibly important these days. You can not get this visibility without a plan. Supplier Management. Most everyone felt they were doing a good job already. Organization.

Strategy 68

Strategy Management Real-time Visibility e2e 68

Empowering CPO

JULY 16, 2023

Managed procurement services can be defined as an external service that helps streamline a company’s acquisition processes, offering an end-to-end solution that takes into account all aspects of procurement – from sourcing to payment.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Supply Chain Game Changer

NOVEMBER 17, 2018

In Supply Chain that means we want and need full end to end visibility and transparency. To provide that end to end visibility requires electronic connectivity of all nodes of the Supply Chain. We had all of the supplier relationships in place. This is true, real-time connectivity.

e2e 43

e2e Real-time Visibility supply chain software solutions Supply Chain Efficiency 43

Supply Chain Game Changer

MARCH 28, 2020

This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. Instead of waiting for others to realize that now is the time for Procurement professionals to make their value and contribution known.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Pipefy

JANUARY 31, 2023

Once purchase requisitions are processed and approved, a purchase order is generated and submitted to the vendor or supplier for fulfillment. This complexity creates headaches for procurement teams and fuels an error-prone and resource-consuming approval loop that obstructs visibility into the approval process.

Purchasing 52

Purchasing Purchase orders Real-time Visibility e2e 52

Zycus Cognitive Procurement

JULY 27, 2021

Although, this “a-ha” moment makes for great viewing, but we know that crimes are solved based on hard facts in real life. Once upon a time in procurement, a Chief Procurement Officer (CPO) may have been able to make decisions by relying on their instinct; after all, instinct is simply the product of years of distilled experience.

Procurement 40

Procurement Real-time Visibility Chief Procurement Officer e2e 40

Supply Chain Game Changer

NOVEMBER 8, 2018

There are tremendous benefits but there are obstacles, real or perceived, that get in the way. We had a tremendous amount of spend leverage globally, a seasoned team, great supplier relationships, very strong processes, and an excellent Transportation Management System (TMS). With all of that we went to market! Loss of Control.

Real-time Visibility 43

Real-time Visibility Management Supply Chain Optimization supply chain budgeting 43

Supply Chain Game Changer

NOVEMBER 12, 2018

One of the main problems in a functionally organized company is that those functions over time can become isolated from each other. Organization lines and boxes on a piece of paper become actual boundaries and barriers to teamwork and productivity in real life. How many parts of your company act as independent silos?

Supply Chain Efficiency 43

Supply Chain Efficiency Supply chain Real-time Visibility e2e 43

Supply Chain Trend

DECEMBER 22, 2023

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions. 2% of managers apply best practice decision methods.

Supply Chain Efficiency 78

Supply Chain Efficiency Supply Chain Optimization Quality supply chain budgeting 78

Supply Chain Game Changer

APRIL 23, 2019

This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers. Instead of waiting for others to realize that now is the time for Procurement professionals to make their value and contribution known.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

World of Procurement blog

MAY 8, 2024

Customers receive orders on-time without backlogs. Core Phases of Supply Chain Management Supply chain management involves five core phases that are coordinated to enable the flow of products, information, and finances between a company and its suppliers, manufacturers, logistics providers, retailers, and customers.

Agile and Lean Supply Chain 40

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

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

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). Automation versus Augmentation. IBP ENVIRONMENT.

supply chain software solutions 147

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

Jaggaer

JULY 7, 2020

Over time, this engagement has expanded globally and is still focused on one of the most testing categories of sourcing and contract management within procurement: transport and logistics. These should provide end users with visibility across their assigned scope. Are new suppliers being recommended to receive business?

Real-time Visibility 52

Real-time Visibility e2e Contract Contract management 52

IBM Supply Chain Blog

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. By establishing standardized workflows and decision rules, BPM streamlines the claims process by reducing processing times and minimizing errors.

Real-time Visibility 61

Real-time Visibility Management e2e Supply Chain Efficiency 61

Procurement Software

MARCH 5, 2024

Lavenir AI LavenirAI is a conversational AI-powered procurement negotiation training platform. Designed by procurement specialists, for procurement professionals, LavenirAI was developed to raise the bar for procurement negotiation. LavenirAI allows you to train anywhere, any time, so you can stay at the top of your game.

Real-time Visibility 52

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

Pipefy

JANUARY 30, 2024

Improvements to existing procurement processes, procedures, and operations are as time-sensitive as ever. 6 procurement technologies to improve your business Transform analog, manual, and paper-ridden processes with end-to-end digitization and automation to improve security, visibility, and control with these six procurement technologies.

Agile and Lean Supply Chain 52

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

Procurement Software

FEBRUARY 6, 2024

It generates insights on bottlenecks, variants, and cycle times to drive process improvements. Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks. Pricing is customisable depending on number of users, suppliers and the modules purchased.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Pipefy

JUNE 14, 2023

Key takeaways Spend data is the information related to a company’s spending, specifically goods and services purchased from external suppliers or vendors. Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies.

Real-time Visibility 52

Real-time Visibility e2e Procurement team Contract 52

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

Supply Chain Efficiency supply chain software solutions Procurement Real-time Visibility 59

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. Supplier KPIs Suppliers, by definition, comprise a crucial link in your supply chain.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Pipefy

FEBRUARY 3, 2023

Invoices are documents generated and issued by suppliers that indicate the products, product quantities, and pricing for products and services provided by them to a business, either via email, mail, or electronically.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Pipefy

NOVEMBER 24, 2023

Procurement solutions encompass a wide range of specific functions due to the many aspects of the procurement process, including purchase requests centralization, procure-to-pay, sourcing, budget management, supplier management, and forecasting. What are e-procurement tools? The features of these solutions can vary widely.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

Pipefy

JUNE 15, 2023

This end-to-end system’s built-in collaboration and data analysis tools eliminate process friction commonly created by manual or disjointed workflows. These solutions also save money on sourcing , which is the process of identifying and assessing suppliers.

Procurement 52

Procurement supply chain software solutions Purchase orders Procurement solutions 52

Pipefy

FEBRUARY 13, 2023

Procurement is the process businesses use to source and obtain goods/services from external suppliers to achieve strategic objectives and fulfill business needs or purchase requests. In this stage of the process, multiple departments collaborate to address capability requirements, design, technology, and, most importantly, time and cost.

Real-time Visibility 52

Real-time Visibility e2e Procurement Bidding 52

Empowering CPO

JUNE 25, 2023

It’s a strategic function that requires careful planning, selection, and negotiation to ensure that businesses get the best value for their money. It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line.

Procurement 52

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

Procurement Software

JUNE 20, 2023

We plan to refresh the article a couple of times a year, as solutions are constantly adding features and new solutions come onto the market. SimpliContract SimpliContract is a SaaS-based, AI-powered end-to-end enterprise contract authoring and lifecycle management platform.

Contract management 52

Contract management Contract e2e Management 52

HICX

AUGUST 4, 2022

The era of Supplier Experience is here. Accelerated by recent global events and propelled by today’s need to fundamentally change the way in which organizations interact with their suppliers, there is a realization in the industry that the enterprise-supplier relationship cannot be treated as a zero-sum game.

Suppliers 52

Suppliers e2e Real-time Visibility Collaboration 52

Pipefy

JULY 31, 2023

One way companies can become more agile and remain competitive despite economic uncertainties is end-to-end business process automation. Business process automation streamlines many time-consuming, labor-intensive, and repetitive tasks typically handled by internal departments like HR, IT, and finance.

supply chain software solutions 52

supply chain software solutions e2e Agile and Lean Supply Chain Real-time Visibility 52