IBM Supply Chain Blog

DECEMBER 13, 2023

Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations. Procure-to-pay (P2P) software links procurement practices to accounts payable and can streamline steps such as supply management, purchase orders and invoicing.

Procurement strategies 73

Procurement strategies Strategy Procurement Supply Chain Efficiency 73

Spend Matters

SEPTEMBER 14, 2023

We’re also seeing that suppliers are no longer being viewed simply as vendors, but strategic partners. Therefore, procurement leaders are placing a higher level of importance on supplier relationship management, so they can better differentiate with and nurture those critical relationships.

Procurement 103

Procurement Supply Chain Efficiency Category management e2e 103

Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. 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

FEBRUARY 13, 2024

It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility. Sign up for a 30-day free trial here Risk management Supply chains are under tremendous stress, facing challenges from supply, demand, logistics and shifting industry landscapes.

Strategic sourcing 86

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 86

Empowering CPO

JULY 16, 2023

This is where managed procurement services come into the picture. 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

Arkestro

DECEMBER 12, 2022

To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Pipefy

MAY 23, 2023

Supplier relationship management Tension is never pleasant, but only those procurement professionals who pinpoint lacking supplier relationships can evaluate and rectify the situation. It also provides visibility into your entire invoice workflow, from issuance to payment. Life cycle management.

Procurement solutions 52

Procurement solutions Procurement e2e supply chain software solutions 52

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS providers typically use advanced technologies like artificial intelligence, machine learning, and blockchain to improve visibility, traceability, and collaboration across the supply chain.

Supply Chain Optimization 89

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 89

ivalua

JUNE 11, 2019

Some of the objectives Ivalua typically has together with its Public Sector customers include: More Efficient Government: Make it easier to do business with government, maximizing automation and end-to-end Procurement cycle time.

Procurement 169

Procurement Real-time Visibility e2e Competitive bidding 169

ivalua

NOVEMBER 14, 2019

To cover your full master data needs, Procurement should work with all internal stakeholders to map out the supplier lifecycle from end to end. To get the full view of your master data needs, Procurement and other internal stakeholders should map out the end-to-end supplier life cycle.

Supply Chain Optimization 113

Supply Chain Optimization Data Suppliers Procurement 113

Supply Chain Game Changer

JULY 16, 2019

Prior to joining the Procurement team I had neither understood nor appreciated the importance of Supplier Relationship management. But having seen how motivated and inspired these Suppliers were I started to understand. At its most basic level Suppliers are considered transactional. DO’s.

Supplier relationship management 58

Supplier relationship management Suppliers Management e2e 58

HICX

FEBRUARY 15, 2024

Since then, there has been a renewed focus on digitalization of supply chain management that provides a holistic view of the supply chain with transparency. This approach to supplier relationship management incentivizes both parties to work together to achieve a more agile and considered approach to supply chain management.

Supply chain management 52

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

Supply Chain Game Changer

SEPTEMBER 16, 2020

The rise of big data in various manufacturing and logistics industries, the development of sophisticated ERP systems, and end-to-end Supply Chain visibility has made it a crucial strategic function for companies looking to get an edge in highly-competitive industries like Consumer Goods, Food Production and Pharma.

Supply chain 54

Supply chain Leadership Supply Supply chain management 54

Jaggaer

OCTOBER 22, 2020

Moreover, the bank lacked any collaborative supplier relationship management or sourcing tool. Having visibility over spend data has provided a basis for achieving savings. 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

MARCH 28, 2020

It tends to be a more reactive organization focussed on managing day to day tasks and fires. They have a wealth of intelligence related to what is going on in the marketplace, with suppliers and competitors, and in the economy in general. They have an end to end view of the Supply Chain. Advanced Procurement.

Procurement 71

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 71

Orderhive

JUNE 1, 2022

Read more: What is supplier relationship management? For instance, Google Supply Chain Twin and Pulse assembles a digital representation of your supply chain to create end-to-end visibility including triggered event management, analytics, and collaboration among teams.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Data 52

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

APRIL 23, 2019

It tends to be a more reactive organization focussed on managing day to day tasks and fires. They have a wealth of intelligence related to what is going on in the marketplace, with suppliers and competitors, and in the economy in general. They have an end to end view of the Supply Chain. Advanced Procurement.

Procurement 50

Procurement Chief Procurement Officer Supply Chain Efficiency Purchase orders 50

Supply Chain Game Changer

NOVEMBER 9, 2018

Lack of end to end visibility across the Supply Chain from Suppliers through to internal operations and on to end Customers, inclusive of Logistics operators. Lack of an effective Supplier Relationship Management program. Inconsistent operating performance between facilities or Operations.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 43

Una

AUGUST 30, 2022

A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract). How to Improve Strategic Supplier Relationship Management. Digital procurement game-changers.

Procurement 98

Procurement e2e Supplier relationship management Real-time Visibility 98

ivalua

MARCH 9, 2023

S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered.

Sourcing 130

Sourcing Real-time Visibility e2e supply chain software solutions 130

Claritum

AUGUST 4, 2020

Focus Procurement on supplier optimisation. This is focusing on the supplier optimisation, not focusing on the order/s associated with the supplier (the transaction/s). Most articles focus on supplier relationship management, as the most. are already well advanced on developing supplier relationships.

Procurement 41

Procurement Procurement team Supply Chain Efficiency Purchasing 41

Spend Matters

FEBRUARY 22, 2024

A significant difference of a unified system that provides third-party alignment is the real-time end-to-end visibility it provides to allow for more effective risk monitoring. For companies, these systems can become the digital cornerstone of their procurement operations.

Supply Chain Efficiency 88

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

Claritum

NOVEMBER 16, 2018

Step 3 Focus Procurement on supplier optimisation. This is focusing on the supplier optimisation, not focusing on the order/s associated with the supplier (the transaction/s). Most articles focus on supplier relationship management, as the most important aspect to optimise the supply chain.

Procurement 69

Procurement Procurement team Supply Chain Efficiency Purchasing 69

Procurement Software

FEBRUARY 6, 2024

The solution also includes ready-made dashboards, KPIs, and intuitive case management to uncover and act on opportunities quickly. Workfellow offers a next-generation end-to-end visibility into workflows, systems usage, and tasks. The company has since expanded to offer negotiations management on top of this.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Negotiation 52

Procurement Software

JANUARY 9, 2024

Canopy Canopy is a vendor master data and supplier management platform that aims to provide complete visibility of your suppliers’ information. It achieves this by delivering a single source of truth for your supplier data and automating business processes. The software covers a broad range of uses.

supply chain software solutions 52

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

Pipefy

JANUARY 4, 2023

This guide takes an in-depth look at procurement automation to help you understand how and why more businesses are turning to this technology to contain costs, improve visibility, and protect themselves from supply chain disruptions. Build better procurement processes with the Definitive Guide to Workflow Management Download now.

Procurement 52

Procurement Procurement team Purchase orders e2e 52

Procurement Software

MARCH 5, 2024

LUPR LUPR develops a supplier relationship management platform that allows executives to document, communicate, and analyse their supplier insights. The app captures, synchronises, and analyses supplier data so CPOs can easily understand their supplier map and avoid risk from their suppliers.

Real-time Visibility 52

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

Pipefy

NOVEMBER 24, 2023

This process grants transparency and visibility into purchase orders and approvals to a sometimes surprising degree. When properly equipped with the right platforms, procurement teams can achieve benefits such as increased efficiency and productivity, cost savings, better supplier management, and improved process visibility and transparency.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

HICX

AUGUST 4, 2022

Furthermore, failure to tackle data quality issues created in the past will hamper the ability to obtain full visibility, thus creating even more ambiguity. This results in higher costs for the supplier as must devote more staff time to addressing these requests and this in turn inevitably leads to costs being passed on to the customer.

Suppliers 52

Suppliers e2e Real-time Visibility Collaboration 52

Procurement Software

FEBRUARY 20, 2024

Feature highlights include: Easy to use five-category classifications, best in class enterprise taxonomy, the ability to gain insights from trend analysis and organisation behaviours, 100% spend visibility and proprietary machine learning algorithms designed to deliver accuracy. M&A) The solution gives you full spend visibility.

Supply Chain Efficiency 59

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

Procurement Software

JULY 18, 2023

Procoto offers features including: Strategic sourcing Smart databasing Workflow approvals RFP management Data transformation The platform’s tools and analytics aim to level the playing field between small and large companies – giving leverage to SMEs. It gives you full visibility of your spend data, all in one place.

Purchasing 52

Purchasing Contract Negotiation Real-time Visibility 52