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. Purchase orders. Invoice approvals.

Agile and Lean Supply Chain 52

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

World of Procurement blog

MAY 10, 2024

Some of the key capabilities and use cases for AI in procurement include: Automating repetitive and routine tasks : AI can take over low-value tasks like invoice processing, purchase order creation, expense report auditing, and other administrative workflows. Overall, AI delivers unprecedented visibility into suppliers.

Procurement team 52

Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

Supply Chain Game Changer

SEPTEMBER 5, 2022

One of the terms that has entered the zeitgeist, holding the promise of providing some exciting new future state, is the “Metaverse” For some time we have also been describing a future that will define much of how businesses and economies and institutions will run in the future. The Supply Chain Renaissance Has Begun!

Supply Chain Optimization 92

Supply Chain Optimization Supply chain Real-time Visibility e2e 92

Spend Matters

DECEMBER 21, 2023

In sourcing, the AI can rapidly analyze supplier options based on pricing, quality, sustainability and other factors to identify optimal partners, while also predicting performance to mitigate risk. More accurate forecasts allow for better planning, inventory management and mitigation of various supply chain risks proactively.

Procurement solutions 82

Procurement solutions Procurement e2e Real-time Visibility 82

Pipefy

NOVEMBER 24, 2023

In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions. Pure platforms only handle procurement processes and are primarily used by large companies with a dedicated purchasing team that manages complex processes. What are procurement tools?

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 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. What is spend data?

Real-time Visibility 52

Real-time Visibility e2e Procurement team Contract 52

Supply Chain Game Changer

MARCH 16, 2021

When the end consumer used a coffee pod the specifics of that actual, real time consumption would be tracked electronically. By amassing real time consumption data across all end consumers with these smart coffee makers our customer could see real time demand patterns across their entire market.

supply chain software solutions 100

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

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. Ensuring quality. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

SCMDOJO

MAY 6, 2022

The growth of coding capabilities and accessible resources can help several firms consolidate data sources and create real-time visibility throughout the end-to-end supply chain using no-code development platforms. The benefits include cost savings and a quick turnaround time from development to implementation.

supply chain software solutions 110

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 110

Pipefy

MAY 23, 2023

In its long history , procurement has evolved from self-contained purchasing entities to an essential business partner handling processes involving several departments and many subprocesses. Because of this, carrying out its operations manually is time-consuming and incredibly expensive for businesses.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

IBM Supply Chain Blog

MAY 17, 2024

Only 14% of surveyed consumers described themselves as “satisfied” with their experience purchasing goods online. As the future of commerce unfolds, each use case interacts holistically to transform the customer journey from end-to-end–for customers, for employees, and for their partners.

Supply Chain Efficiency 49

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 49

Pipefy

AUGUST 18, 2023

Process discovery includes the identification and definition of activities and tasks comprising a process; its purpose is to make all stages in a process visible in order to ensure clear responsibility for each of those phases. These inefficiencies lose hours and money that can add up to huge amounts of waste over time.

Import 52

Import Real-time Visibility e2e Data 52

Pipefy

FEBRUARY 3, 2023

Invoices provide procurement teams the ability to leverage information from past purchases to better inform future purchases. 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

Spend Matters

JUNE 19, 2023

Click to enlarge The average vendor can use its analytics schema to go beyond deriving reports from transactional purchasing and invoicing data to provide deeper quantitative insights on the data, including performance modeling (e.g., normalizing/enhancing spend data for benchmarking), causal factor analysis (i.e.,

Real-time Visibility 76

Real-time Visibility Data e2e Quality 76

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. There’s no need to make customers wait for the answers to frequently asked questions (FAQs) or to take the next step to purchase.

Real-time Visibility 89

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 89

Pipefy

DECEMBER 6, 2023

Businesses use workflows to complete most tasks, from entering a purchase order to manufacturing goods and delivering a service. Visibility Each step in a workflow should be visible. This is most often achieved by mapping the process from end to end and creating a visual representation of it (more on that later).

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision. The time has come to change the maniacal focus on efficiency for one that balances both efficiency and resilience. Take out too much inventory, and you add risk. In short, we need to rethink what JIT means and the trade-offs.”

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

IBM Supply Chain Blog

MARCH 20, 2023

Meeting these demands requires creating seamless and secure customer journeys built on real-time insights and data. Recently Adobe named IBM its International Delivery Quality Partner of the Year for the third year in a row.

Real-time Visibility 57

Real-time Visibility e2e Demand Data 57

Procurement Software

FEBRUARY 20, 2024

Apadua Monitor is what their website describes as ‘an easy-to-use, collaborative Quality Assurance System that pays full attention to the knowledge and sentiment of each individual stakeholder.’ Weproc Weproc is a small French company offering a SaaS eProcurement software with a focus on purchasing and spend management.

Supply Chain Efficiency 59

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

Procurement Software

JULY 4, 2023

It also provides real-time data and analytics that can be used to improve purchasing decisions. Ultimately, digital procurement enables organisations to enhance the overall procurement experience, as well as increase efficiencies and transform their end-to-end procurement function. What is procurement tech?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Procurement supply chain budgeting 52

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Pipefy

AUGUST 1, 2023

Real-time process monitoring also allows IT teams to resolve process problems quickly and efficiently. In addition, proactive monitoring allows an organization to track metrics in real time, which is especially useful for monitoring KPIs like availability, error rates, reliability, response times, and throughput.

Real-time Visibility 52

Real-time Visibility Data e2e Sourcing 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

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. 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

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

Empowering CPO

JUNE 25, 2023

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. Furthermore, businesses are under constant pressure to reduce costs without compromising on quality or service.

Procurement 52

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

Solvoyo

MARCH 5, 2021

Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. Planners spend their precious time collecting and synthesizing the data to drive insights. . Having up-to-date supplier lead times.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

SEPTEMBER 17, 2019

Most supply chain leaders recognize that it’s an incredibly exciting time to be working in the field. At the same time, they must also develop strategies to significantly advance their capabilities in anticipation of overcoming their issues with the basics. You would measure lead time in days or even weeks. Mike Mortson.

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 59

Supply Chain Game Changer

JULY 14, 2020

The very real problem of healthcare Personal Protective Equipment (PPE) and ventilator shortages has highlighted problems with National Strategic Stockpiles. The visibility to and the impacts of this disruption is also unprecedented. This made real the fact that there would not be sufficient Personal Protective Equipment (PPE) (eg.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Optimization Supply chain Real-time Visibility 93

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.

Strategy 52

Strategy Real-time Visibility Contract e2e 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. This is where managed procurement services come into the picture.

Supply Chain Efficiency 40

Supply Chain Efficiency Management Procurement Supply Chain Optimization 40

Procurement Software

JANUARY 23, 2024

At the same time, it also provides AI-powered management of contractual obligations and deliverables. End-to-end encryption provides a uniquely secure way to sign and store contracts, eliminating the need for dedicated servers and VPN connections. It simplifies contracts, making them easy to understand, manage and interact with.

Procurement 52

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

HICX

FEBRUARY 15, 2024

This has led to organizations investing capital in and spending time on optimizing supply chains to cut lead times, improve supplier performance and increase business profitability. These tools can provide real-time insights across the supply chain while predicting future trends, ensuring organizations can remain proactive.

Supply chain management 52

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

IBM Supply Chain Blog

JUNE 30, 2023

These struggles are inconvenient, adversely impact the quality-of-care patients receive and increase staff stress levels. Doing so streamlines purchasing power and optimizes inventory management. ​ Step 3: Increase traceability Along the supply chain, actionable real-time data is often unavailable, lacking or siloed.

Supply Chain Efficiency 85

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 85

Supply Chain Game Changer

NOVEMBER 6, 2018

Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. And problems in harvesting, quality standards, storage, shipping costs, and handling all create food waste. Grocery stores overstock items or discard food that is not aesthetically pleasing.

Supply Chain Optimization 59

Supply Chain Optimization Supply chain Real-time Visibility Supply 59

Supply Chain Game Changer

NOVEMBER 19, 2018

Meaning that 98% of consumers were largely unknown to a company and in case of a failure, these consumers would often be searching for receipts and proof of purchase to demonstrate warranty entitlements. Consequently when the device is received and connected for the first time (via wifi or Bluetooth) it is able to “call home”.

Supply chain 60

Supply chain Real-time Visibility e2e Supply 60

Finale Inventory

JUNE 29, 2022

Continue reading for more information about shortages and surpluses and how Finale Inventory’s scalable inventory management system can help your business thrive. It is important for businesses to have a system that predicts the demand they will experience over a certain period of time based on data and trends.

Inventory 52

Inventory supply chain software solutions Demand Price 52