Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 84

Procurement solutions Procurement e2e Real-time Visibility 84

IBM Supply Chain Blog

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility. This technology can also help reduce the risk of regulatory non-compliance.

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

Procurement Tactics

AUGUST 19, 2022

For starters, vendor management is used to describe the processes used to manage their suppliers or vendors. . It takes appropriate measures to control costs, reduce potential supplier risks, and ensures excellent service deliverability from vendors. . The vendor management process involves several different stages which are: 1.

Vendor management 130

Vendor management Management e2e Negotiation 130

ivalua

DECEMBER 6, 2022

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Many large organizations implement a Procure to Pay platform with the aim to deliver efficiency, visibility, simplicity, and compliance.

e2e 130

e2e Suppliers Procurement Contract 130

HICX

FEBRUARY 15, 2024

In the same way that a lack of sustainability could impact the perception of the organization within the market, a lack of focus on decarbonization could also pose the same risks and loss of reputation. Organizations must understand their suppliers’ previous performance and the risks they pose to the supply chain.

Supply chain management 52

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

HICX

MAY 12, 2023

Particularly around risk listening. In his words, “If we don’t have visibility of it, we don’t know where to go at it.” Analytics, on the other hand, done correctly, can provide this visibility. We do not need an end-to-end solution. But here, really, the opportunity is around analytics.”

e2e 52

e2e Real-time Visibility Supply chain resilience Risk management 52

Supply Chain Game Changer

AUGUST 3, 2021

The Coronavirus pandemic created a dramatic and highly visible disruption in that paradigm. procurement techniques) as opposed to educating the next generation of leaders equipped with the broadest possible set of management and leadership skills to run the entire end to end operations of a massive global company.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

SCMDOJO

OCTOBER 14, 2023

Initially, these were managed manually, but the intrusion of digital technologies revolutionized it. It has made visible changes in the SCM systems. This new era is expected to explore new horizons in supply chain management. It manages pre-designed events for managing financial issues or transactions securely.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Supply chain management Supply chain management 87

Barkers Procurement

JANUARY 26, 2024

Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency. What are the events impacting the end-to-end supply chain ? How are suppliers managing the cost of goods sold (COGS)? What are the benefits?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

Barkers Procurement

JANUARY 26, 2024

Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency. What are the events impacting the end-to-end supply chain ? How are suppliers managing the cost of goods sold (COGS)? What are the benefits?

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Procurement e2e 52

ivalua

DECEMBER 18, 2019

Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Tools for business optimization and risk management (including AI) — Improve business planning accuracy and decision making frameworks. Risk management. Operations.

Data 130

Data Suppliers Management Procurement 130

Barkers Procurement

AUGUST 2, 2023

Procurement leaders can lead functions to mitigate issues through: Identifying vulnerabilities with a full 360 risk assessment and enhanced transparency. What are the events impacting the end-to-end supply chain? How are suppliers managing the Cost of Goods Sold (COGS)?

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement e2e Agile and Lean Supply Chain 52

Supply Chain Game Changer

OCTOBER 28, 2021

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. Dirty Little Secret #1.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

IBM Supply Chain Blog

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Supply Chain Game Changer

FEBRUARY 14, 2022

Other than financial management, the CFO is the first line of defence for risk management. They’re required to identify risks early, understand them and offer solutions. Their scope of risk management cuts across all departments in an organization.

Supply Chain Efficiency 96

Supply Chain Efficiency Supply chain Supply Collaboration 96

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. Managing Supplier Relationships.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 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

IBM Supply Chain Blog

JUNE 29, 2023

By integrating financial planning with strategic and operational planning, organizations can evaluate financial profitability, identify potential gaps or risks, and make necessary adjustments to achieve financial targets. It enables a centralized repository of information and provides real-time visibility into the entire business.

supply chain software solutions 83

supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 83

Pipefy

MAY 23, 2023

The risks of errors and bottlenecks alone in manual work make procurement a superb place to begin a digital transformation. Carrying out this process manually makes it susceptible to bottlenecks — (one out-of-office manager can delay the order by days — and introduces costly errors and risks. Risk reduction.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

Let's Talk Supply Chain

NOVEMBER 1, 2023

And, as we explored all of those topics, one thing became abundantly clear – there are inherent risks lurking in the shadows. 04.04] How the pandemic exposed vulnerabilities in supply chains worldwide, bringing the topic of risk to the fore; and the most significant lessons we learned. “No-one No-one was prepared!

e2e 52

e2e Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Supply Chain Game Changer

MAY 18, 2021

The risk of extended Supply Chain disruption due to impacts to nature is significantly impacted in these industries: chemicals and materials; aviation, travel and tourism; real estate; mining and metals; supply chain and transport; and retail, consumer goods and lifestyle. That’s incredible.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Supply Real-time Visibility 64

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

The Procuretech Podcast

MAY 24, 2022

Understanding the value of pre-emptive end-to-end supply chain management. In 2011, just after the earthquake in Japan, he helped DHL develop a supply chain risk solution called Resilience 360. Could you keep a complex global supply chain in place while using that kind of software to mitigate risk?

supply chain software solutions 52

supply chain software solutions Supply chain e2e Supply 52

Supply Chain Collaborator

AUGUST 30, 2018

Inbound Logistics’ Emma James put together a great list of the most commonly sought-after features and functionalities to look for in a good TMS solution in an article titled, “Choosing a TMS – What’s Your End Game”. Her TMS solution wish list includes: End-to-end execution. Carrier contract/bid management. Connectivity.

e2e 81

e2e Bidding Logistics Influencing 81

Jaggaer

NOVEMBER 20, 2018

Critical Factors —Risk management such as planning for additional guests and forgotten food items; considering alternate plans for missing ingredients; and managing waste and food safety. Strategy —Goal setting and determining what a successful event look like and then modifying plans in order to improve the experience.

e2e 58

e2e Budget Inventory Procurement strategies 58

Procurement Heads

JUNE 22, 2022

I really started to cut my teeth on the whole end-to-end category management and the industry as a whole, the progression was natural for me. If we keep that visibility to those three groups and achieve our goals then from my point of view that is a really good harmonised way of working now.

e2e 130

e2e supply chain software solutions Supply chain Suppliers 130

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 optimize routes, consolidate shipments, manage freight rates, track shipments, and ensure timely and secure delivery.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90

Supply Chain Opz

MARCH 6, 2015

The biggest implication of this new imposition on procurement process is that now procurement managers have to deliver suppliers that are cost conscious and timely in their operations but at the same time can adapt to the changing demands of end customers. Reducing the dependence on a sole supplier is crucial in managing risk.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

Spend Matters

APRIL 4, 2024

Compliance and risk management is a growing and interesting use case of GenAI for procurement, finance and, of course, legal operations. Its uptake is only going to grow as organizations begin to rely on its power to tackle big business issues, such as third-party risk management (TPRM).

Real-time Visibility 81

Real-time Visibility Management e2e Risk management 81

Supply Chain Game Changer

JANUARY 26, 2021

The anti-maskers and the anti-vaxxers are risking the lives of not only themselves but of everyone else around them without remorse. Prioritization and risk-based decision making are required to sort through the myriad of issues and address what is most important first, putting lesser issues on the back burner for the short term.

Supply chain 61

Supply chain Real-time Visibility Supply e2e 61

Jaggaer

OCTOBER 22, 2020

Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added. In our poll, webinar participants saw business partnering, supplier innovation and collaboration, and supply chain risk management as their key areas of focus for procurement.

Strategy 52

Strategy Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Spend Matters

OCTOBER 19, 2023

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. It is our goal to create end-to-end intelligent and autonomous execution across the procurement process through our patented technology. Today please get to know dSilo.

e2e 97

e2e Contract Contract management Procurement 97

Supply Chain Game Changer

NOVEMBER 27, 2019

A manager should be able to tell when an inefficiency arises and needs to deal with it accordingly. End-to-end supply chain visibility makes it much simpler to absorb and collect information. Top 10 Global Supply Chain Risks. The post How to Avoid Costly Errors in Supply Chain Management!

Supply chain management 74

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 74

Supply Chain Game Changer

SEPTEMBER 17, 2019

What do these capabilities really mean in terms of the day-to-day realities of managing a supply chain? This level of visibility also provides unprecedented responsiveness to changes in customer demand. You’ll see a premium placed on holistic, end-to-end supply chain management leadership skills.

Agile and Lean Supply Chain 59

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

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. Third-party risk management through a specialized vendor moves beyond the onboarding and intake process.

Supply Chain Efficiency 88

Supply Chain Efficiency Real-time Visibility Management supply chain software solutions 88

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Automation of procurement processes, along with a seamless integration of the other systems such as ERP, WMS, and TMS, will ensure enhanced supply chain visibility. Conclusion.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19