Procurement Tactics

JUNE 8, 2023

Rather than updating the general ledger account inventory when goods are purchased for resale, accountants record the transaction by debiting a temporary account for purchases. The resulting figures and reports can be exported to accounting software. Disadvantages of Periodic Inventory System 1. When to Use it?

Inventory 192

Inventory Real-time Visibility supply chain software solutions Quantity 192

Una

JANUARY 17, 2023

Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. That is why the most important gains in supply chain technology have been in the area of visibility. But that is not the only area where technology is rapidly evolving. For example, nearly 6.5

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! Unstructured data isn’t as accessible to search or export and is often text-heavy.

Inventory 52

Inventory Data Management Real-time Visibility 52

Spend Matters

JUNE 19, 2023

E-procurement solutions use an electronic interface to automate, guide and approve the purchase and reception of products and services. They mainly make requisitions and purchase orders to suppliers through searches in internal or external catalogs or via configurable electronic forms. What does an E-Procurement solution do?

Procurement solutions 89

Procurement solutions Procurement supply chain budgeting Real-time Visibility 89

Empowering CPO

JULY 17, 2023

In this environment, procurement is not just about purchasing anymore; it’s a strategic function that can significantly impact a company’s bottom line, reputation, and future growth. Businesses often struggle to monitor purchases across departments and identify areas of unnecessary or excessive spending.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 52

Empowering CPO

JULY 17, 2023

In this environment, procurement is not just about purchasing anymore; it’s a strategic function that can significantly impact a company’s bottom line, reputation, and future growth. Businesses often struggle to monitor purchases across departments and identify areas of unnecessary or excessive spending.

Procurement 40

Procurement Management Supply Chain Efficiency Real-time Visibility 40

Planergy

JUNE 30, 2022

The goal of proper financial management is to ensure the company has enough money to take care of operations at all times, to ensure that all stakeholders receive adequate returns, maintain optimal funds utilization, keep investments safe, and plan a solid capital structure. Get access to your company’s financial health in real-time.

Management 52

Management Real-time Visibility Budget Purchase orders 52