Supply Chain Game Changer

APRIL 21, 2020

A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. One approach is to develop and deploy Don’t Touch Supply Chain strategies! Subscribe Here! Email Address.

Agile and Lean Supply Chain 91

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

Pipefy

JANUARY 11, 2023

What is a procurement transformation strategy? A procurement strategy creates a sustainable and agile plan for improving procurement processes , increasing procurement efficiency, building better supplier relationships, and generating additional long-term cost savings for the business. Complex purchasing systems (31%).

Strategy 52

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

Zycus Cognitive Procurement

NOVEMBER 29, 2022

You must apply cost management strategies at Level 3 or 4 or Level 5 for it to be effective, as you may have a different approach for each sub-level. Delaying non-essential and indirect purchases at the granular level like office supplies, laptop upgrades etc. You may provide better demand visibility to the vendor partner.

Strategy 52

Strategy Real-time Visibility Contract e2e 52

Procurement Tactics

DECEMBER 7, 2022

To simplify, it refers to monetary transactions between trading partners for purchasing, manufacturing, and selling goods and services. . The purpose of financial supply chain management is to achieve and maintain visibility into all of the processes. . Ultimate Supplier Plotting Checklist 2022. Download Whitepaper →. .

Supply Chain Efficiency 181

Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Supply chain 181

ivalua

DECEMBER 6, 2022

Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance. Procurement policy as a strong instrument to execute your P2P strategy . Procurement as end-to-end process owner . predictability, commoditization, complexity, importance, etc.)

e2e 130

e2e Suppliers Procurement Contract 130

Procurement Tactics

JUNE 8, 2023

It keeps track of inventory from the time it is purchased until it is sold to customers. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Just-in-Time (JIT) This is a strategy where inventory is ordered and received just in time for production or customer demand.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Una

MAY 11, 2023

Look for solutions that streamline your procurement process, improve visibility, and enhance collaboration. Your organization may already have an end-to-end ERP that includes a procurement module, and you may be expected to use that for ROI reasons.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

IBM Supply Chain Blog

JUNE 30, 2023

Purpose Savvy sustainable consumers want end-to-end visibility into a product’s origins to ensure that it was sustainably developed and transported every step of the way. So make sure that you have real-time inventory visibility to deliver on your promises (what’s in-stock, when purchased items will ship and arrive).

Retail Supply Chain 65

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 65

Pipefy

DECEMBER 20, 2023

Strategic procurement, or procurement strategic planning, is a process that aligns procurement strategy with business goals so as to yield business benefits through procurement. However, the successful execution of a strategic procurement process can streamline and even simplify decisions for operational purchases required for businesses.

Supply Chain Efficiency 52

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

IBM Supply Chain Blog

FEBRUARY 13, 2023

Supply chain management challenges Leaders should focus on three common supply chain challenges, with high-level solutions that can kickstart organizations toward achieving their sustainability goals and improving their ESG scorecards: Challenge 1: Companies struggle with visibility into whether their supply chains are sustainable.

Supply Chain Efficiency 40

Supply Chain Efficiency Sustainability Supply chain Strategy 40

Spend Matters

OCTOBER 4, 2023

In this Spend Matters quick take, the analyst team lays out what the acquisition means for Basware and what its strategy may be going forwards. In a three-part series on supplier diversity, Bertrand Maltaverne first explains what supplier diversity is and why businesses have to incorporate it in their procurement strategy.

Procurement 90

Procurement e2e Contract Sourcing 90

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!”

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

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. Purchase approvals The process of approving purchases and moving them to the stage of fulfillment presents similar issues to those of requisitions.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Arkestro

JUNE 6, 2023

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? Purchases in Time and Budget: How many purchases are on budget and on time? Procurement Cost Reduction: How are costs being reduced over time?

Supply Chain Efficiency 52

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

ivalua

JULY 14, 2021

Strategy for Change. Ultimately, from an Accounts Payable perspective, they are tail-end suppliers, or even a one-time supplier. These individuals are therefore looking to receive purchase orders and contracts electronically; they are going to check for changes or new business via their mobile device.

Real-time Visibility 130

Real-time Visibility e2e Suppliers Purchase orders 130

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs. Much of the training is in specific skills (eg.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Jaggaer

OCTOBER 22, 2020

José Carande, Managing Director, Accenture Strategy, explained some of the difficulties and challenges faced by banks and financial services companies at a JAGGAER webinar on October 8, 2020. Purchase orders were issued through the ERP system, but with no link to the approvals workflow and procurement decisions.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

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.

Supply Chain Optimization 82

Supply Chain Optimization Supply Chain Efficiency supply chain software solutions Supply chain 82

Spend Matters

SEPTEMBER 14, 2023

In one series of interviews this summer and through to the end of the year, we are talking to vendors about what their customers really want from them and how they are proposing to address those needs. In a second one, we are talking to the end users about their expectations and requirements.

Procurement 103

Procurement Supply Chain Efficiency Category management e2e 103

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

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?

Supply chain 97

Supply chain e2e Supply Real-time Visibility 97

Supply Chain Game Changer

MARCH 16, 2021

By knowing what the real time demand and consumption demographics were our customer could create targeted and highly impactful marketing strategies. Because we had visibility as to demand, and inventory, at a consumer level, we could completely circumvent and simplify the entire distribution channel network.

supply chain software solutions 100

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

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. People think of Procurement (inclusive of Purchasing) as the group that will find suppliers (often with the sole objective of cutting costs), negotiate deals, place purchase orders, and deal with supplier issues.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

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

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

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.”.

Supply chain management 86

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

HICX

DECEMBER 1, 2022

As Anthony Payne , CMO, HICX, explains, by reducing or removing this friction, “You’ll have greater control and visibility through massively improved data, and you’ll position yourself to be customer-of-choice for the largest possible number of your suppliers.”?. How to remove friction through measurement and feedback?

Suppliers 52

Suppliers e2e Import Demand 52

Supply Chain Game Changer

NOVEMBER 9, 2021

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. Subscribe to Supply Chain Game Changer. Is Just In Time Past Its Time? Copyright © Mortson Enterprises Inc. All Rights Reserved.

Supply chain 93

Supply chain Raw materials Supply Real-time Visibility 93

Supply Chain Game Changer

SEPTEMBER 17, 2019

At the other end of the spectrum, there’s a tremendous amount of interest in the digital supply chain, whether that involves the Internet of Things , advanced analytics, autonomous vehicles, or other fast-maturing technologies, and developing and implementing the strategies needed to deploy a digital supply chain.

Agile and Lean Supply Chain 59

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

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. A Win-Win TMS Strategy. It was a win-win strategy! Email Address. We are in the Digital Age!

e2e 43

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

Supply Chain Game Changer

NOVEMBER 19, 2018

The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases. End to End Supply Chain Visibility and the Internet of Things (IoT). End to End Supply Chain Visibility and the Internet of Things (IoT).

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. People think of Procurement (inclusive of Purchasing) as the group that will find suppliers (often with the sole objective of cutting costs), negotiate deals, place purchase orders, and deal with supplier issues.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Jaggaer

OCTOBER 8, 2019

Visualize and communicate your category strategies and improvement measures and involve your suppliers in your innovation processes. This provides the foundation for visibility over all data, which is consistent for the execution of all processes, and for end-to-end process continuity, compliance and auditability.

Procurement 40

Procurement e2e Agile and Lean Supply Chain supply chain software solutions 40

Pipefy

AUGUST 1, 2023

How to create an effective business process monitoring strategy In addition to defining objectives and metrics, collecting and analyzing data, and visualizing and reporting that data, an effective strategy also uses a variety of tools and technologies, including process automation software. Take the guesswork out of process monitoring.

Real-time Visibility 52

Real-time Visibility Data e2e Sourcing 52

HICX

FEBRUARY 15, 2024

Shift to customer-centricity Awareness of the end consumers’ ESG and environmental expectations signifies a shift towards supply chains becoming increasingly customer-centric throughout. This ensures that teams work as effectively as possible while being aligned on the overall strategy and its execution.

Supply chain management 52

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

Claritum

AUGUST 4, 2020

The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. function.Focused purely on moving purchase transactions though the. purchase transactions made are repeated, either with exactly the same. Address procurment strategy.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Supply Chain Trend

AUGUST 13, 2020

The budget, or annual operating plan, is normally the first year of the strategy. Integrated Business Planning serves to align enterprise wide plans with the organization’s strategy. Decisions from an IBP meeting need to be made in the light of the company’s vision and strategy.

supply chain software solutions 147

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