Let's Talk Supply Chain

JUNE 5, 2023

Today I’m joined by Logward , an exciting tech brand with a vision of a future where supply chain departments lead the transformation of their industries, instead of simply transporting it. 31.33] An overview of Logward’s Transport Solutions, and the visibility it provides. You avoid that by listening properly.”

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Procurement Tactics

MAY 22, 2023

Additionally, we will tell you the advantages of having integrated logistics in your supply chain. Thus, this will enable you to implement it in your supply chain. Defining goals Defining your goals involves establishing clear targets for reducing costs, improving efficiency, and enhancing customer satisfaction.

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Procurement Tactics

JULY 20, 2023

In this article, we will explore what supplier order management software is, its benefits, and some of the best software options available in the market. Defining Supplier Order Management Before diving into the software itself, let’s first understand what is Supplier Order Management.

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SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). Benefits of No-code Platforms.

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Procurement Tactics

JUNE 28, 2023

In this article, we are going to explore what procurement tracking is, its importance in business and the tools to be used when conducting it for its efficient execution. It allows businesses to track and improve their procurement activities and have a transparent outlook of their procurement process. The key elements are typically: 1.

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Supply Chain Game Changer

JANUARY 7, 2021

Subscribe to Supply Chain Game Changer. Supply Chain as a Service (SCaaS)! Digital Supply Chain strategies article and permission to publish here provided by Alejandro Carrera. Effective digital supply chain strategies can help organizations stand out from the crowd. Subscribe Here! Blockchain.

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IBM Supply Chain Blog

NOVEMBER 8, 2023

The supply chain plays a pivotal role in delivering goods and services to both businesses and consumers, serving as the connective thread between industries, nations, communities and all components of the value chain. Our dependence on supply chains is most pronounced in ensuring food supply.

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Supply Chain Game Changer

AUGUST 19, 2022

Subscribe to Supply Chain Game Changer. Supply chain management and contract lifecycle management are key ingredients to business success. The journey from idea to end product to shipment and delivery is exciting, yes, but rather complicated — fueled with many moving parts. Subscribe Here! Email Address.

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Barkers Procurement

JANUARY 26, 2024

The pressures that procurement faces show no signs of reducing. The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional. The extra cost will feed through to business costs.

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Barkers Procurement

JANUARY 26, 2024

The pressures that have been placed on the Procurement function show no signs of reducing. The increasing pressure from macroeconomic factors that include inflation, continued supply chain disruption, geopolitical tensions and ESG factors are primary areas of concern for the procurement professional.

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Supply Chain Game Changer

NOVEMBER 19, 2018

In the book, The Living Supply Chain , the authors argue that, “Speeding up the supply chain is at the root of everything that is good: improved revenue, reduced working capital, higher profitability, and less obsolete inventory. Digital transformation of the supply chain will change everything – for the better.

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Spend Matters

JANUARY 5, 2024

Contract Lifecycle Management Evisort , which was once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers.

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Supply Chain Game Changer

OCTOBER 28, 2021

Subscribe to Supply Chain Game Changer. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Lack of Visibility Beyond Tier 1. And, only 15% had visibility into tier 2 or beyond.

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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.

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Supply Chain Opz

NOVEMBER 9, 2014

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. However, you may wonder what kind of practices really work.

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World of Procurement blog

MAY 10, 2024

By leveraging technologies like machine learning, natural language processing, and neural networks, AI-driven solutions can help procurement teams work smarter, faster, and more efficiently. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

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SCMDOJO

JULY 24, 2023

Contract Logistics is a critical aspect of the supply chain that often remains behind the scenes but plays a significant role in ensuring the efficient movement and management of goods. Key Players In the world of contract logistics, several key players collaborate to ensure the smooth functioning of the supply chain.

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Barkers Procurement

AUGUST 2, 2023

The pressures that have been placed on the Procurement function show no signs of reducing. The increasing pressure from macroeconomic factors that include Inflation, Continued Supply Chain disruption and Geopolitical tensions are primary areas of concern for the procurement professional. How can Barkers help?

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Pipefy

OCTOBER 25, 2023

From reducing waste and containing costs to mitigating risks such as procurement fraud and inflated expenses, procurement’s insights and expertise can help businesses navigate some of their most pressing challenges. Among those executives in finance, the percentage rose to 67%.

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Arkestro

JUNE 6, 2023

On the one side, finance is concerned with keeping the company budget in the black. On the other side, procurement is concerned with keeping company operations running smoothly and judicially making the most of budgets. Ultimately, both want the same goal — ensuring business outcomes are positive, timely, and on-budget.

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SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

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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.

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Let's Talk Supply Chain

AUGUST 21, 2023

With over $8 billion of product sourced, nearly 1 million RFQ’s and over 50,000 buyers and suppliers involved, they are the world’s largest manufacturing marketplace. We invested almost $100 million in fully digitizing our end-to-end operations and building software.” Today I’m joined by MFG.

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Supply Chain Game Changer

FEBRUARY 6, 2020

Subscribe to Supply Chain Game Changer. The road to freight management Hell is laden with poor freight visibility and outdated systems. Failures within freight data visibility contribute to compounding consequences throughout downstream supply chain operations, and the problem only grows worse from there.

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Supply Chain Trend

DECEMBER 22, 2023

However, only 3% of companies apply automated execution and 7% autonomous end to end planning. In the end, IBP is a philosophy, or belief system that strives for transparency, near perfect integration and alignment, both horizontal (between functions, BUs, even companies) and vertical (between strategy, planning and execution).

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Supply Chain Game Changer

JULY 30, 2019

Subscribe to Supply Chain Game Changer. But for those who are professionals working in the Supply Chain field there can be very unique distinctions in this terminology. Subscribe Here! Email Address. What’s the Difference Between Logistics and Distribution? ” That is the definition in a nutshell.

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World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. The ultimate goal of SCM is to reduce costs while satisfying customer demands.

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Pipefy

MAY 23, 2023

Savvy leaders are quickly adopting e-procurement solutions to lower the time, costs, silos, and strained supplier relationships that plague manual operations. It also provides visibility into your entire invoice workflow, from issuance to payment. After all, it’s there to simplify and streamline. Risk reduction.

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SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

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IBM Supply Chain Blog

JUNE 30, 2023

In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.

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SCMDOJO

MARCH 25, 2022

In the current era, it is clear that new modes of production are concomitant with new modes of distribution, which advances the field of logistics, the science of physical distribution or even supply chain management. Reminder of Key Definitions – Logistics & Supply Chain Management. and J-P Rodrigue (2004)).

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Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. Along with cost savings, procurement managers are focusing on optimizing and automating processes. It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Subscribe Here! Email Address.

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EazyStock

JUNE 10, 2022

Working in supply chain or inventory management can be busy and stressful. Keeping on top of your to-do list, building supplier and customer relationships, and tracking orders and deliveries is challenging even for the most organized and efficient inventory manager. We all use apps in our personal life.

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Procurement Tactics

OCTOBER 18, 2022

Supplier Relationship Management Software — Everything You Should Know. Supplier relationship management software is a very important factor for procurement managers to strengthen their relationship with their suppliers. However, what is this supplier relationship management software?

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Jaggaer

OCTOBER 8, 2019

As we noted in the report, the digital transformation of procurement involves many processes working in tandem rather than sequentially; data integration would also allow analytics applications to exploit data from one area of the value chain to improve performance and efficiency in another. 4) The “Day of Digitalization”.

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IBM Supply Chain Blog

FEBRUARY 14, 2024

Process automation is often centered on efforts to optimize spend, achieve greater operational efficiency and incorporate new and innovative technologies, which often translate into a better customer experience. AI has also been used to improve mechanical efficiency and reduce carbon emissions in engines.

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SCMDOJO

NOVEMBER 24, 2023

Additionally, when you need to oversee a considerable number of Stock Keeping Units (SKUs), it is like a nightmare without an efficient tool. This article will walk you through the basic understanding of the warehouse management system (WMS), its features, how and where it fits with the supply chain, and different WMS systems.

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