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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Procurement Tactics

JUNE 8, 2023

Businesses use various methods of inventory management, each with its own advantages and disadvantages, depending on what they require. Inventory management is a way for companies to figure out what and how much they should order, and when to do it. Preventing stock-outs is another crucial aspect of inventory management.

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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. Build a team Once you’ve identified your goals and stakeholders, it’s time to start building your team.

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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.

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ivalua

JULY 14, 2021

With two-factor authentication and embedded real-time change processing there are no payment files to edit. In addition, the time savings introduced by removing duplicate approvals and cutting checks are immense. . Ultimately, from an Accounts Payable perspective, they are tail-end suppliers, or even a one-time supplier.

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Spend Matters

DECEMBER 21, 2023

Additional areas where the AI delivers value include contract lifecycle management, procure-to-pay processes of purchase requisitions, invoice processing/reconciliation and payment automation. More accurate forecasts allow for better planning, inventory management and mitigation of various supply chain risks proactively.

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Supply Chain Collaborator

MARCH 16, 2020

Coming at a time when the pandemic is depressing global consumption of oil thanks to plummeting travel plans and shelter in place orders, it seems counter intuitive that demand to move oil would be at record high volumes. By Furnishing Upstream and Downstream Visibility to More Effectively Coordinate with all Facets of the Supply Chain.

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Arkestro

JUNE 6, 2023

Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget. Here are just a few of the metrics CFOs look at when examining procurement process efficiency: Cost of Purchase Order: What are the internal costs associated with each purchase?

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

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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.

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Supply Chain Game Changer

OCTOBER 1, 2019

Purchase orders would be written out by hand and mailed or faxed to suppliers with buyers calling suppliers on the phone to tell them about their needs as well as the inevitable changes in demand. Visibility to where goods were was largely limited to updates that came over the phone. Conclusion. And there is nothing wrong with that.

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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.

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

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.

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Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. When the pandemic winds down there is a very real danger that people will go back to doing, and viewing, things the way they were before the pandemic. For far too long Supply Chain has not got the respect that it deserves.

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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).

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Supply Chain Game Changer

OCTOBER 11, 2022

The end to end electronic connectivity of all elements of the Supply Chain, as enabled by an extensive array of exciting new technologies, will define all progression over the next few decades. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. What is the Digital Supply Chain?

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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.

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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.

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Supply Chain Game Changer

APRIL 21, 2020

You reduce cost, you eliminate opportunities for error, you reduce time, you reduce inventories, and you strengthen your Supply Chain’s ability to operate in the face of any disastrous situation. The Don’t Touch philosophy is not restricted to physical goods and materials. There are no cashiers.

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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.

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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.

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Supply Chain Game Changer

AUGUST 26, 2021

Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. Even the most robust ERP systems seem to lack the visibility that organizations are desperate to acquire, and in real-time. Shipment to customer. “C” Subscribe Here!

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Supply Chain Game Changer

NOVEMBER 9, 2021

Is Just In Time Past Its Time? Our recent purchase of a new vehicle made us aware not only of the computer chip shortages impacting the new automobile sales market, but also the rubber market shortages threatening similar disruptions. And standard operating practice in the automotive industry is just-in-time delivery dynamics.

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Pipefy

JANUARY 11, 2023

Procurement teams are now expected to perform as a strategic, value-creating business partner that improves business agility, financial visibility, process resilience, and competitiveness. Complex purchasing systems (31%). Time-consuming invoice reconciliation (28%). An abundance of manual work and rapidly changing processes.

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

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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. Building your own TMS in this day and age is a waste of time and resource. Email Address.

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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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Supply Chain Game Changer

NOVEMBER 14, 2018

Many companies have already automated their front-line transactional purchasing activities. In the authors’ words, “within 5-10 years, the supply chain function may be obsolete, replaced by a smoothly running, self-regulating utility that optimally manages end-to-end workflows and requires very little human intervention.”.

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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.

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Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. 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! Subscribe Here!

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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.

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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.

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SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

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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.

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IBM Supply Chain Blog

SEPTEMBER 27, 2021

This year, rather than offering big discounts or slashing prices, consider promotions that encourage loyalty (after all, repeat customers are your best customers), offer bundles (combining two or more items), and consider high-value, low-cost freebies with purchase. This reduces delivery time and allows you to market the products as “local”.

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Solvoyo

OCTOBER 11, 2018

Our future CEO AG Lafley later refocused P&G on that mantra, we had to win at the First Moment of Truth, when a shopper is in the aisle, or on-line making their purchase decision. Supply Chains must be synchronized to POS demand to systemically reduce inventory! It was a great vantage point, from the shoppers point of view.

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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.

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