World of Procurement blog

MAY 10, 2024

By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently. This supports strategic sourcing efforts. This maximizes value from sourcing partnerships.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

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 73

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 73

Spend Matters

FEBRUARY 13, 2023

The company achieves this by using an advanced Al paired with real-world, in-the-moment perspectives from a proprietary network of partners that deliver insights down to the bill of material level. Also, the performance of the fulfillment process is a critical input to the continuous optimization of the supply/supplier base.

Risk management 73

Risk management Supply Chain Optimization Risk Supply chain 73

IBM Supply Chain Blog

FEBRUARY 15, 2024

The dynamic, open-source , microservices-based configuration of Kubernetes can be a great fit for businesses that are looking to maximize infrastructure agility. In DevOps , the concept of observability has evolved to refer to the end-to-end visibility of a system state as dictated by telemetry data.

Real-time Visibility 73

Real-time Visibility e2e Data Networking 73

Supply Chain Game Changer

APRIL 29, 2021

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. Manufacturers with a global supply chain network took the brunt of suspended operations during the pandemic.

Supply Chain Optimization 135

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

SCMDOJO

OCTOBER 14, 2023

It comprises all elements from the origin (the raw material) to the consumption networks (end users). Now, real-time connections provide more accurate data and information, which helps create collaboration in the digital world. 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

Supply Chain Game Changer

MARCH 16, 2021

I/T was going to be a source of competitive differentiation. When the end consumer used a coffee pod the specifics of that actual, real time consumption would be tracked electronically. Real time visibility of the entire Supply Chain could be available to anyone anywhere at any time.

supply chain software solutions 100

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

Arkestro

DECEMBER 12, 2022

Limited Supplier Network. 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.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

IBM Supply Chain Blog

AUGUST 2, 2023

For example, they can monitor CPU usage, memory usage and network traffic to detect performance spikes or resource bottlenecks. Using real-time monitoring and visualization tools, operations teams can track the health of distributed systems and detect anomalies or failures.

Real-time Visibility 59

Real-time Visibility Import e2e Product management 59

SCMDOJO

MAY 6, 2022

Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). The benefits include cost savings and a quick turnaround time from development to implementation. Reduces Time to Market. However, Finance is now Fintech and Marketing is now Digital Marketing.

supply chain software solutions 109

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 109

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. For your supply chain map to have any real benefit, you must go beyond your direct suppliers.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. For your supply chain map to have any real benefit, you must go beyond your direct suppliers.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

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? If you haven’t been thinking about these questions, the time to start is now. Inventory positioning: Visibility across your entire network allows you to optimize the fulfillment of each order.

Supply Chain Efficiency 117

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 117

IBM Supply Chain Blog

FEBRUARY 14, 2024

Customer-facing AI use cases Deliver superior customer service Customers can now be assisted in real time with conversational AI. The IBM team is even using generative AI to create synthetic data to build more robust and trustworthy AI models and to stand in for real-world data protected by privacy and copyright laws.

Real-time Visibility 87

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 87

SCMDOJO

MAY 13, 2022

A good way to understand longer end-to-end transit times which under the current scenario have increased dramatically on most of the major trade lanes is to take a closer look at where delays are more likely to happen. Source: project44 Monthly report.

Supply Chain Optimization 83

Supply Chain Optimization Supply chain Real-time Visibility e2e 83

Supply Chain Opz

AUGUST 2, 2018

In Global organizations, successful inventory management is a complex science that requires modelling across an entire network to determine interdependencies between locations and the calculation of the ideal inventory targets from raw materials through work-in-progress to finished goods; no small undertaking.

Supply Chain Optimization 40

Supply Chain Optimization e2e Inventory Real-time Visibility 40

Pipefy

JANUARY 11, 2023

Learn how Ocean Network Express overcame this challenge and created a clear channel of communication between departments and accounts payable systems with Pipefy. Time-consuming invoice reconciliation (28%). A necessity for sourcing transformation. A shift in business demands and the role of procurement.

Strategy 52

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

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

Supply Chain Opz

JANUARY 22, 2016

The concept of “connected logistics” covers the relevant end-to-end processes of warehouse management, transportation management, track & trace and the entire logistics network. Thus, increased real-time visibility into shipments leads to more efficient throughput of goods and reduced logistics lead times.

Supply Chain Efficiency 49

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 49

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

World of Procurement blog

MAY 8, 2024

Customers receive orders on-time without backlogs. Sustainability SCM plays a key role in corporate sustainability initiatives by reducing carbon emissions in transportation and promoting ethical sourcing. Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms.

Agile and Lean Supply Chain 40

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

Supply Chain Opz

NOVEMBER 30, 2015

Given the costs of infrastructure development, I suspect these tight capacities to remain for some time and drilling companies will be looking to other alternatives (namely pipeline, truck, or ship) to move oil around the country. This has been a priority of shippers for a long time in order to optimize their supply chains.

Real-time Visibility 58

Real-time Visibility e2e Supply Chain Optimization Supply Chain Efficiency 58

IBM Supply Chain Blog

MARCH 29, 2024

Addressing challenges of the energy transition with grid asset management The energy transition is gearing up to full speed as renewable energy sources replace fossil-based systems of energy production. Real-time operational data provides an asset health view that drives condition-based maintenance and replacement planning.

Networking 69

Networking Management e2e Real-time Visibility 69

Supply Chain Game Changer

MARCH 28, 2020

Instead of waiting for others to realize that now is the time for Procurement professionals to make their value and contribution known. Now is the time for Procurement to SELL! Now I would never advocate selling something that isn’t real. They have an end to end view of the Supply Chain.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Supply Chain Action Blog

AUGUST 26, 2018

However, orchestrating the value network where goods, information and currency pulse freely, fast, and securely between facilities, organizations, and even consumers, following the path of least resistance (aka the digital supply chain ), may prove to be even more complex than driving a vehicle. The Driverless Car Analogy.

Supply Chain Optimization 40

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency Supply chain 40

Supply Chain Game Changer

JANUARY 15, 2019

Thank you Bronwen for your friendship, your support of Supply Chain Game Changer, and taking the time to share your experiences and expertise with us. We’ve built a peerless network in the areas of Procurement, Logistics, Change Management, Strategic Sourcing, Planning, and other functional areas in Supply Chain.

Leadership 47

Leadership Supply Chain Efficiency Supply chain management Supply chain management 47

Spend Matters

APRIL 4, 2024

The technology opens up a wealth of capabilities not previously possible for the procurement practitioner in terms of data availability, end-to-end visibility, cost, time and risk reduction, and ultimately the overall health of the third-party network. So you had one data source, one data point.

Real-time Visibility 81

Real-time Visibility Management e2e Risk management 81

SCMDOJO

APRIL 24, 2024

These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern. That enables them to optimize inventory levels, reduce costs, and deliver products to customers with lightning speed. Whether it will be worth it, only time will tell.

Supply Chain Efficiency 57

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

Supply Chain Game Changer

APRIL 23, 2019

Instead of waiting for others to realize that now is the time for Procurement professionals to make their value and contribution known. Now is the time for Procurement to SELL! Now I would never advocate selling something that isn’t real. They have an end to end view of the Supply Chain.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Spend Matters

FEBRUARY 22, 2024

Working within a resilient global supply chain results in complexities around basic matters like communication, time zones and languages, along with more challenging aspects like risk management, compliance and sustainability. That alone increases efficiency,” he continued.

Supply Chain Efficiency 87

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 87

Pipefy

MARCH 28, 2024

Process orchestration is a process management method that empowers businesses to seamlessly interweave many automated processes, people, and software for increased productivity, time and cost savings, and security. It ensures that workflows are operating smoothly and guarantees the expected results for each process, every time it runs.

Real-time Visibility 52

Real-time Visibility e2e Collaboration Data 52

Procurement Software

MARCH 5, 2024

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. It promises to assist with improving buyer and supplier collaboration.

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. 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.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

For the most part, the primary focus of the supplier relationship is ensuring the right materials are available at the right time and location. They may even take over the provisioning of an entire end-to-end solution. Supplier collaboration has always been a function of maintaining a delicate balance between demand and supply.

Collaboration 66

Collaboration Supply Chain Optimization Agile and Lean Supply Chain supply chain budgeting 66

IBM Supply Chain Blog

SEPTEMBER 27, 2023

On the bright side, data also shows that artificial intelligence (AI) and automation can improve security readiness and speed response to attacks, to help dramatically shrink the data breach window before causing real harm. Greater visibility and speed are core requirements for effective cybersecurity.

Data 103

Data Real-time Visibility e2e Sourcing 103

Supply Chain Game Changer

FEBRUARY 10, 2021

For some time, I’ve been reading, watching and following the white papers, case studies, and countless webinars put on by keen minds about digital transformations. Most companies weren’t integrated throughout their ecosystem; they used multiple instances and different versions across their networks. What is the Digital Supply Chain?

e2e 105

e2e supply chain software solutions Real-time Visibility Supply Chain Efficiency 105

Procurement Software

MAY 16, 2023

Above $1 billion businesses are typically a target of established, enterprise source-to-pay and source-to-contract suites. The software automates workflows and approvals, manages supplier catalogues, and provides real-time analytics for better decision-making.

Procurement 96

Procurement Purchase orders Real-time Visibility Purchasing 96