SCMDOJO

MARCH 28, 2023

Blockchain technology is revolutionizing the way businesses manage their supply chains. By providing a secure and transparent way to track products from their origin to their final destination, blockchain for supply chain can help increase efficiency, reduce costs, and improve trust between suppliers and customers.

Supply Chain Efficiency 110

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 110

Supply Chain Game Changer

MARCH 16, 2021

Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! We were a global Supply Chain, Logistics and Distribution company. The prior CIO kept the lights on, followed the instructions they were given, tried to keep costs down, and that was about it. Subscribe Here!

supply chain software solutions 100

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

Supply Chain Game Changer

MAY 23, 2022

Subscribe to Supply Chain Game Changer. Why is Supply Chain Management Important? A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. We will now look more into the benefits of KM in supply chain management.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

IBM Supply Chain Blog

NOVEMBER 3, 2022

If you haven’t been thinking about these questions, the time to start is now. Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. But the supply chain doesn’t end when the product hits the market, and neither does supply chain sustainability.

Supply Chain Efficiency 108

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 108

Let's Talk Supply Chain

AUGUST 7, 2022

Today I’m joined by Orderful , a forward-thinking EDI software provider, that is on a mission to modernize contemporary supply chains. 17.52] From real-time feedback to quickly resolving problems and validating data, a closer look at all the ways Orderful can help businesses save time. “The

supply chain software solutions 98

supply chain software solutions supply chain budgeting Real-time Visibility Supply Chain Efficiency 98

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. According to Jones, there four key areas in which modern software will enable and empower procurement: 1) Optimize automation.

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supply chain software solutions Procurement Agile and Lean Supply Chain Supply Chain Efficiency 130

Procurement Tactics

JANUARY 23, 2023

A transport management system is an innovative software used to make the transportation of goods and services throughout a company more efficient. You can optimise your logistics operations with a comprehensive transport management system so that you can keep track of your hauliers, shipments, and invoices.

Real-time Visibility 202

Real-time Visibility Management Supply Chain Efficiency supply chain budgeting 202

SCMDOJO

AUGUST 21, 2023

Try this as a tongue twister: “Tripping through tantalizing TikTokers, tenfold to transform your tangled supply chain!” In our digital age, where viral trends dominate, TikTok’s influence now extends to supply chain management. Discover the Top 10 TikTokers reshaping how you view supply chains.

Supply Chain Optimization 98

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain supply chain software solutions 98

Let's Talk Supply Chain

MARCH 19, 2023

Today I’m joined by Orderful , a collaborative and forward-thinking software brand that are building the future of EDI. 07.14] An overview of EDI, its place in the industry alongside API, and why it’s ‘the plumbing of today’s supply chain.’ “We’re a modern EDI platform focused on making EDI onboarding fast, affordable, and easy.”

Real-time Visibility 52

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

Spend Matters

MARCH 11, 2024

At Spend Matters, it’s as important for us to get to know the requirements and opinions of the procurement community of practitioners as it is for us to understand the world of tech solutions and their providers. So it was good to see a nice mix of both presenting at Procurement Strategies and Innovation (PSI) last week.

Procurement strategies 91

Procurement strategies Innovation Strategy Procurement 91

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. What is Inventory Forecasting?

Inventory 170

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

Supply Chain Game Changer

AUGUST 6, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! This Digital Twinning of Supply Chains article focuses on transformative ideation of transport & logistics value chains. The physical supply chain is not easily changeable.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

Let's Talk Supply Chain

MAY 14, 2023

Today I’m joined by Flexport , an exciting and innovative software brand that is on a mission to make global trade easy for everyone. Flexport is building the platform for global logistics, empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Will is a licensed U.S.

e2e 59

e2e supply chain budgeting Supply Chain Optimization supply chain software solutions 59

SCMDOJO

FEBRUARY 20, 2023

Don’t forget to check out our best practices , tools , and a list of helpful supply chain resources on the website! To get ahead in today’s competitive marketplace, distributors must remain on the cutting edge of innovation and stay up-to-date on new developments.

Strategy 105

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 105

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. Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation.

Innovation 52

Innovation Strategy e2e Supply Chain Efficiency 52

World of Procurement blog

MAY 8, 2024

Procurement differs from purchasing in a few key ways: Strategic focus : Procurement has a strategic, long-term focus on analyzing spend, reducing costs, managing supplier relationships, and mitigating risk. Sources innovation by engaging suppliers in new product/service development.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

World of Procurement blog

MAY 23, 2024

The goal of supplier consolidation is to streamline procurement processes, reduce costs by leveraging economies of scale, strengthen relationships with top-performing suppliers, and drive performance improvements through better coordination. Working closely with fewer suppliers also enhances supply chain transparency and resilience.

Supplier consolidation 52

Supplier consolidation Suppliers Supply Chain Efficiency supply chain budgeting 52

IBM Supply Chain Blog

OCTOBER 3, 2023

Cloud costs are out of control, and teams spend too much time fixing instead of innovating. It’s time for IT to go from reactive to proactive and preventative. You’ll find automated full-stack visibility, one-second granularity and three seconds to notify.

Real-time Visibility 90

Real-time Visibility Cost optimization Budget Data 90

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. Key Points.

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supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

World of Procurement blog

MAY 10, 2024

Predicting future spend : By analyzing historical spend data, AI algorithms can create spending forecasts, predict seasonal demand changes, and model the impact of external factors on budgets. 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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Procurement team Procurement Real-time Visibility Supply Chain Efficiency 52

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! This article explores some of the benefits of big data to inventory management teams.

Inventory 52

Inventory Data Management Real-time Visibility 52

Procurement Software

APRIL 25, 2023

Indeed, in the current inflationary environment, it’s procurement that has real power to move both the top and bottom line. Therefore, now is the time for all businesses to embrace the benefits of digital procurement software. Smaller, targeted solutions can add value to your business in many ways. So what went wrong?

supply chain software solutions 52

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

MAY 6, 2024

In this chapter of the IBM series on clinical trial innovation, we spotlight key strategies for boosting recruitment speed, helping to ensure diversity, and harnessing digital advancements. While the overall clinical trial termination rate has decreased over time, low accrual rates within trials remain the most common termination reason.

Real-time Visibility 80

Real-time Visibility Data Influencing Strategy 80

IBM Supply Chain Blog

MAY 17, 2024

As these innovations are dynamically reshaping the commerce journey, it is crucial for leaders to anticipate and future-proof their enterprises to embrace the new paradigm.  It can also significantly impact real-time fraud detection and prevention, minimizing financial losses and improving customer trust. 

Supply Chain Efficiency 64

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 64

Empowering CPO

JUNE 26, 2023

Spend analysis refers to the process of examining and categorizing an organization’s spending patterns, supplier relationships, and purchasing behavior to identify opportunities for cost reduction, process improvement, and strategic decision-making.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

JULY 2, 2023

This approach allows businesses to leverage the expertise of procurement specialists to streamline operations, optimize supplier relationships, and most importantly, reduce costs. In this blog post, we will dive deeper into the world of Managed Procurement Services and their role in promoting cost reduction.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

Let's Talk Supply Chain

NOVEMBER 2, 2022

You asked, and we are delivering – with another brand new mini-series, featuring the logistics expert, tech innovator and firm Let’s Talk Supply Chain favorite… Sifted ! We wrapped up our “Tomorrow’s Insights Delivered Today” mini-series with Sifted back in September and it was a real success.

Contract 52

Contract Supply Chain Efficiency Supply Chain Optimization Contract management 52

IBM Supply Chain Blog

FEBRUARY 14, 2024

Customer-facing AI use cases Deliver superior customer service Customers can now be assisted in real time with conversational AI. The IBM team is even using generative AI to create synthetic data to build more robust and trustworthy AI models and to stand in for real-world data protected by privacy and copyright laws.

Real-time Visibility 82

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 82

IBM Supply Chain Blog

JUNE 26, 2023

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. AIOps helps you operationalize this approach by using data-driven cloud spend decisions to safely balance cost and performance.

e2e 52

e2e Real-time Visibility Sustainability Data 52

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.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

IBM Supply Chain Blog

JULY 27, 2023

Here, we’ll discuss potential applications for EAM software in oil and gas and talk about the trends pushing the industry forward. Sensors attached to assets can now gather asset data in real-time, and AI algorithms can analyze the data to predict potential equipment failures. through 2030.

Real-time Visibility 56

Real-time Visibility Inventory Budget Management 56

HICX

DECEMBER 11, 2023

The effective management of supply chains is critical to business operations and by adopting newer digital solutions, organizations can benefit from improved efficiency, reduced costs and operational improvements across the supply chain as a whole.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Efficiency Agile and Lean Supply Chain 52

IBM Supply Chain Blog

APRIL 21, 2023

And second, in Redesigning brand values: Purpose and profit converge in core operations , authored by IBM and The Consumer Goods Forum, surveyed consumer goods leaders share that they estimate technology budgets will grow by 34% over the next three years.

Sustainability 78

Sustainability Innovation supply chain software solutions Real-time Visibility 78

Procurement Templates

JUNE 18, 2023

ChatGPT Inflation refers to the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money. Inflation occurs when there is an imbalance between the supply and demand of money and goods. What is inflation?

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Raw materials 130

SCMDOJO

NOVEMBER 24, 2023

The WMS proves to be a great tool for managing the entire activities of a warehouse, effortlessly handling tasks ranging from inventory management, replenishments, receiving, put-away, picking, packing, and shipping, to tracking the logistics system. WMS helps you improve productivity and profit through advanced software and technologies.

Supply Chain Efficiency 67

Supply Chain Efficiency supply chain software solutions Real-time Visibility Supply Chain Optimization 67

ivalua

MARCH 9, 2023

Also included: supplier improvement plans, innovation plans and overall supplier collaboration. By gaining visibility into spending patterns, demand, supplier performance, and supply markets–opportunities will be uncovered. Supplier on-boarding time: S2P can significantly reduce the time it takes to on-board new suppliers.

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Sourcing Real-time Visibility e2e supply chain software solutions 130