Pipefy

DECEMBER 20, 2023

It’s also a great source for making better, more data-driven business decisions. Why is P2P analytics important? P2P analytics is important because it offers a layer of visibility and transparency to data across the entire procure-to-pay cycle. More reliable, agile, and strategic decision-making.

Import 52

Import Procurement Real-time Visibility Data 52

Procurement Insights

MARCH 18, 2024

“Supply chain visibility refers to the ability to track and monitor products, materials, and information as they move through the various stages of a supply chain, from the sourcing of raw materials to the delivery of the final product to the end consumer. Keep that in mind.

Supply Chain Efficiency 76

Supply Chain Efficiency e2e Supply chain Real-time Visibility 76

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

ivalua

NOVEMBER 10, 2020

Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use eProcurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. 11 state central procurement offices have other sources of funding.

Sourcing 130

Sourcing Eprocurement Real-time Visibility Contract 130

Let's Talk Supply Chain

DECEMBER 4, 2023

Not having that visibility is a real challenge for organizations… getting the parts they need at the right time… and the ongoing labor issues.” 07.41] Common data challenges, and the importance of good data in telling an organization’s ‘story’ in their supply chain. “It 37.06] The future for SDI.

Supply Chain Optimization 52

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

Una

AUGUST 17, 2022

This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk. Looking beyond cost, the strategic importance of a supplier can be determined by: Risk to the organization.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

ivalua

DECEMBER 16, 2015

For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. One area that manufacturers need to focus on is improving supply chain visibility. Visibility all the way up the supply chain. Visibility into supplier capacity.

Supply Chain Visibility 124

Supply Chain Visibility Real-time Visibility Supply chain Supplier capacity 124

Procurement Tactics

JUNE 19, 2023

In this article, we will explore the role of AI in logistics, discuss its importance, and the best practices for implementing AI in logistics. Artificial intelligence is being used to automate routine and time-consuming work in warehouses such as packing and sorting of goods which helps to improve efficiency, reduce errors and costs.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

IBM Supply Chain Blog

AUGUST 2, 2023

Using real-time monitoring and visualization tools, operations teams can track the health of distributed systems and detect anomalies or failures. For instance, they can analyze how changes in response times affect conversion rates or customer satisfaction.

Real-time Visibility 58

Real-time Visibility Import e2e Product management 58

IBM Supply Chain Blog

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

Empowering CPO

JUNE 16, 2023

This comprehensive visibility into an organization’s spend data is the cornerstone of strategic sourcing and purchasing decisions. Importance of Spend Analysis in Procurement In the context of procurement, spend analysis is an invaluable tool.

Import 52

Import Procurement Supply Chain Efficiency Real-time Visibility 52

ivalua

MAY 19, 2022

But why is this so important for business, and what does it mean for prospects and customers? How important is this partnership to both Ivalua & TransferMate? The high-level benefit of embedding the TransferMate payment solution within the Ivalua Source to Pay journey is that supply chains can become stronger.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

Procurement Heads

FEBRUARY 8, 2023

One of the common themes I’m hearing from large organisations is that they are finding a lack of visibility looking ahead for energy spend. Another key strategy is energy storage, which is becoming an increasingly important way for companies to balance supply and demand, with examples including; batteries, thermal and hydrogen storage.

Real-time Visibility 130

Real-time Visibility Price Negotiation Sourcing 130

Una

NOVEMBER 28, 2022

Now, I know settling into a new role can take a little time, so I don’t want you to feel under any pressure to make any significant impact straight away. I wouldn’t expect any real results from you until you’ve spent a month or two reviewing our current supplier arrangements.” “Hmm Step 1: Gain visibility of spend data.

Real-time Visibility 95

Real-time Visibility Procurement Purchasing Contract 95

IBM Supply Chain Blog

OCTOBER 16, 2023

Containers have grown more important as organizations need portable and resource-efficient technologies, becoming the de facto compute units of modern cloud-native applications. Why container monitoring is important Organizations need to monitor the health of their containerized apps and track performance issues, like any other software.

Real-time Visibility 77

Real-time Visibility Import Sourcing Data 77

SCMDOJO

APRIL 4, 2023

Importance of Supply Chain Analytics Five Types of Supply Chain Analytics Benefits of Supply Chain Analytics Challenges in Implementing Supply Chain Analytics Supply Chain Analytics System Architecture Role of Big Data What is Supply Chain Analytics? This can result in faster delivery times and improved customer satisfaction.

Supply Chain Analytics 110

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 110

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

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

Procurement Tactics

JUNE 6, 2023

For this article, we are going to discuss what inventory forecasting is. We will discuss the importance and the different types of inventory forecasting. Additionally, we will tell you the best practices in forecasting and the benefits when you efficiently forecast your inventory.

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

ivalua

OCTOBER 22, 2020

This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices. Hence, I thought it valuable to review why the Procure-to-Pay Process flow is so important today and, most importantly, how to realize the potential value of a successful digital transformation.

supply chain software solutions 147

supply chain software solutions Procurement Real-time Visibility supply chain budgeting 147

Zycus Cognitive Procurement

FEBRUARY 21, 2022

Source to Pay is a complex initiative that can make or break your bottom line, depending on how you approach it. Furthermore, it’s important to recognize how source-to-pay automation is within reach for nearly every organization today. How to start source-to-pay automation from where you are right now.

Sourcing 40

Sourcing Real-time Visibility Supply Chain Efficiency Suppliers 40

Supply Chain Game Changer

SEPTEMBER 19, 2022

This distributed model means that edge computing can reduce network latency by allowing actionable data from sources like sensors and other IoT devices to be analyzed much closer than would otherwise be possible with cloud-based systems. Real-Time Visibility and Responsiveness to Unstuck Supply Chains.

Supply Chain Efficiency 100

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

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success. But how do we fuel the engine of strategic sourcing? The answer lies in the powerful tool of spend analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

SCMDOJO

DECEMBER 28, 2023

link] The Importance of Adapting Supply Chains and Omnichannel Supply Chain Customers now anticipate a smooth experience across channels like online marketplaces, social media platforms, or physical stores. This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 74

Let's Talk Supply Chain

MARCH 26, 2023

Today I’m joined by Blume Global , a market-leading, sustainability-focused software brand that is removing a huge $1 trillion of waste from the global supply chain, and making logistics processes more agile, dependable, and sustainable with innovative execution and visibility solutions. 27.19] The ideal client for Blume Global.

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 52

Jaggaer

FEBRUARY 14, 2019

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are two terms often used within the software industry to describe digital solutions that create efficiencies within procurement. Source-to-Pay includes all of what P2P has to offer, and expands capabilities to include the “sourcing” of products and services.

Purchasing 49

Purchasing Sourcing Real-time Visibility Budget 49

ivalua

JUNE 29, 2020

I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Across this supply chain there is typically a lack of visibility due to siloed information and data.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

Supply Chain Game Changer

JULY 3, 2019

But, as stakeholders in the future of tomorrow, we also have to be conscious about the necessary steps to realize sustainable impact, for real. So, what are the steps that need to be taken in businesses globally to make real sustainable impact? Sustainability is created at the source of our products, services, and consumption.

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. – Process efficiency with reduced cycle times and considerably decreased errors or fraud opportunities. – Results : 30% decrease of process time.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

Procurement Heads

JULY 19, 2023

Our Coupa Supplier Portal is now running 55% of our group spend and by the summer it will be up to 75%, that is three part – source to contract, information model and the procure to pay. We have an amazing analytics dashboard, which gives us visibility on spend and suppliers’ contract duration, supplying really important insight.

Real-time Visibility 130

Real-time Visibility Procurement Sustainability Import 130

Planergy

OCTOBER 4, 2022

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Big Data Analytics: What It Is and Why It Is Important. Data collection is the first and most important step, but the process looks different for every business.

Data 52

Data Import supply chain software solutions Quality 52

Procurement Tactics

DECEMBER 6, 2022

Spend management is an important process to reduce losses and mistakes. However, these manual processes are ineffective and cost a lot of effort, time, and money. Visibility of expense data. Thus, the first step is to know the sources of expenditure which encompasses both direct and indirect spending. . Assess spend data.

Spend management 172

Spend management Management Real-time Visibility Budget 172

Una

OCTOBER 17, 2023

The current state of chatbots in procurement Chatbots are intelligent systems, designed to assist procurement teams by automating tasks , providing real-time support to end-users, and enhancing overall efficiency. Learn more about why UX is important in procurement.

Procurement 52

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

Empowering CPO

JUNE 26, 2023

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

IBM Supply Chain Blog

AUGUST 9, 2023

During a phishing simulation, employees receive simulated phishing emails (or texts or phone calls) that mimic real-world phishing attempts. Why phishing simulations are important Recent statistics show phishing threats continue to rise. The messages employ the same social engineering tactics (e.g., million phishing sites.

Real-time Visibility 77

Real-time Visibility Import Risk Data 77