World of Procurement blog

APRIL 23, 2024

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. This technology helps identify bottlenecks, optimize inventory levels, and improve supplier relationships.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Supply Chain Management (SCM) Software SCM software offers a comprehensive view of the supply chain, enabling companies to manage logistics, production, and distribution more effectively. This technology helps identify bottlenecks, optimize inventory levels, and improve supplier relationships.

Supply Chain Efficiency 52

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

Procurement Templates

APRIL 15, 2024

Here’s how each of these traits might influence procurement: Openness to Experience: Innovation Preference: Individuals high in openness tend to be more open to new ideas, technologies, and approaches. In procurement, they might be more inclined to adopt innovative solutions or new suppliers that offer unique products or services.

Influencing 130

Influencing Negotiation Risk Innovation 130

Empowering CPO

JUNE 14, 2023

But before we venture into the depths of innovation in this field, let’s first establish what procurement really is. It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Introduction A. Understanding Procurement A.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

As we are coming to the end of the year, procurement and supply chain leaders across industries initiate their annual strategic planning process for the next year. We have shortlisted 7 C ritical T rends that will help supply chain leaders and practitioners to build a strategic blueprint for 2023 and beyond.

Supply chain management 52

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

SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The complexity of the e-commerce landscape is compounded by the presence of multiple sales channels, posing challenges to efficient management.

Supply Chain Efficiency 74

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

ivalua

MARCH 16, 2022

CEOs Look to Innovation. Not surprisingly, risk management and cost reduction are considered the most important priorities for Procurement professionals (see image 1). . Not surprisingly, risk management and cost reduction are considered the most important priorities for Procurement professionals (see image 1). .

Procurement 130

Procurement Risk management Procurement team Risk 130

World of Procurement blog

APRIL 23, 2024

This process emphasizes not just cost savings but also value creation, supplier performance, and risk management. Emphasize Supplier Relationship Management (SRM) Building strong relationships with suppliers can lead to improved quality, reliability, and innovation.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

This process emphasizes not just cost savings but also value creation, supplier performance, and risk management. Emphasize Supplier Relationship Management (SRM) Building strong relationships with suppliers can lead to improved quality, reliability, and innovation.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

Empowering CPO

JULY 3, 2023

MPS involve the outsourcing of procurement functions to a specialized third-party provider, offering a strategic approach to managing and optimizing organizational spend. These services often encompass a wide range of tasks, from supplier management and contract negotiation to spend analysis and process improvement.

Innovation 52

Innovation Strategy Procurement Management 52

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency supply chain budgeting Procurement 52

World of Procurement blog

APRIL 23, 2024

In the ever-evolving landscape of business operations, staying ahead in managing procurement processes efficiently is crucial. Enter Procurement Software, a transformative suite of tools designed to streamline purchasing activities and supply chain management.

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency supply chain budgeting Procurement 52

Procurement Templates

MARCH 3, 2024

Risk Assessment : Identifying potential risks associated with procurement activities is essential for effective planning and mitigation. Risks may include budget constraints, supply chain disruptions, quality issues, legal compliance, etc.

Strategic sourcing 130

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 130

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

IBM Supply Chain Blog

AUGUST 1, 2023

Whether it’s addressing customer demands for seamless digital experiences or helping clients navigate complex industry regulations, IBM Cloud is committed to helping clients drive innovation today while preparing them for tomorrow.

Innovation 68

Innovation Cost of ownership Risk Data 68

IBM Supply Chain Blog

APRIL 19, 2024

Earlier posts in this series addressed the challenges of the energy transition with holistic grid asset management, the integrated asset management platform and data exchange, and merging traditional top-down and bottom-up planning processes. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 94

Management Sustainability Risk Innovation 94

SCMDOJO

JULY 11, 2023

If you’re considering a career in supply chain management , you may be wondering about the potential salary you can expect. Watch this vlog to understand Why Supply Chain Management is a Great Career Choice. Watch this vlog to understand Why Supply Chain Management is a Great Career Choice.

Supply chain management 40

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 40

IBM Supply Chain Blog

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation. Read our solution brief to get started.

Sourcing 105

Sourcing Strategy Supply Chain Efficiency e2e 105

World of Procurement blog

APRIL 23, 2024

Supplier Risk Management Identifies potential risks associated with suppliers, including financial, operational, and reputational risks, to mitigate their impact. Supplier Innovation Contribution Tracks the contributions of suppliers towards innovation in products, processes, or business practices.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

World of Procurement blog

APRIL 23, 2024

Supplier Risk Management Identifies potential risks associated with suppliers, including financial, operational, and reputational risks, to mitigate their impact. Supplier Innovation Contribution Tracks the contributions of suppliers towards innovation in products, processes, or business practices.

Procurement 52

Procurement Supply Chain Efficiency Procurement team Quality 52

Spend Matters

JANUARY 16, 2024

Here, spend analytics, e-sourcing and tail spend management have emerged, not just as business tools but also as catalysts of change, sculpting a new narrative in the source-to-pay domain. Efficiency gains in the procurement lifecycle contribute directly to cost optimization by reducing manual effort and cycle times.

Procurement solutions 85

Procurement solutions Procurement Spend management Supply Chain Optimization 85

Arkestro

OCTOBER 10, 2023

Resources / Blog / AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

NLPA (Next Level Purchasing Association)

SEPTEMBER 8, 2023

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Procurement teams equipped with risk management tools can ensure business continuity and minimize potential negative impacts.

Procurement 52

Procurement Strategic sourcing Strategic sourcing Supply Chain Efficiency 52

Procurement Heads

JUNE 28, 2022

According to Raconteur’s report in The Sunday Times on the Future of Supply Chain & Procurement, constant problems in the supply chain have proved a real headache for many businesses over the past two years. It is true that you can only do cost reduction, innovation, and quality if supply is secure.

Chief Procurement Officer 130

Chief Procurement Officer Supply Chain Optimization supply chain budgeting Innovation 130

Arkestro

JANUARY 23, 2024

Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. The best procurement managers are masters of risk mitigation and budget management, while also maintaining high quality standards and a competitive edge.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Arkestro

FEBRUARY 20, 2024

in 2023 , even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. Predictive procurement is a modern approach to supply chain management that leverages data analytics , machine learning, and game theory to forecast and optimize purchasing activities.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Procurement Supply Chain Efficiency 52

ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management program. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . Employ more structured processes around supplier risk management. Drive competition and achieve savings.

Risk 130

Risk Suppliers Management Supply Chain Efficiency 130

Supply Chain Game Changer

NOVEMBER 22, 2022

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Journey : Step 1 – The Vision! Getting anything done requires resources and management. Getting a digital transformation to take hold takes all of that plus bravery, resolve, unrelenting persistence, risk taking, tenacity and courage.

Leadership 52

Leadership Agile and Lean Supply Chain Supply Chain Optimization Supply chain 52

NLPA (Next Level Purchasing Association)

FEBRUARY 29, 2024

In today’s dynamic business landscape, category management in procurement has become an essential weapon for procurement teams seeking to optimize spend, strengthen supplier relationships, and drive growth. This is where category management in procurement emerges as a game-changer.

Category management 52

Category management Management Procurement Supplier relationship management 52

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. Gaps and dysfunction in the supply chains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Those are three hot topics in the enterprise today.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

ivalua

APRIL 27, 2023

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. According to Supply Chain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.

Sustainability 130

Sustainability Risk Supply Chain Efficiency Agile and Lean Supply Chain 130

IBM Supply Chain Blog

JANUARY 30, 2024

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Retail: Manage e-commerce platforms, customer data analytics and supply chain logistics, where data analysis often must occur at the edge.

Data 80

Data Strategic planning Supply Chain Optimization Supply Chain Efficiency 80

Empowering CPO

JULY 16, 2023

Our services range from spend analysis and supplier relationship management to contract management, strategic sourcing, and e-procurement solutions. With EmpoweringCPO, your procurement processes are not just managed; they’re transformed and empowered.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Supply Chain Optimization supply chain budgeting 52

Supply Chain Opz

MARCH 6, 2015

As pressure to improve supply chain cost performance increases for many companies, the evaluation and selection of competent suppliers becomes a key concern. In this article, Professor Burcu Keskin from University of Alabama will share 7 trends that procurement and supply chain management professionals should watch.

Supply Chain Optimization 111

Supply Chain Optimization Supply Chain Efficiency Supply chain e2e 111

EazyStock

JANUARY 18, 2019

Are you interested in expanding your knowledge on the latest trends and technologies within the supply chain industry? EazyStock has complied a new list of the top 2019 Supply Chain events that you can’t afford to miss. You will also gain insight on new innovations and technological applications within the industry.

Supply Chain Optimization 53

Supply Chain Optimization Supply Chain Efficiency Logistics Supply chain 53

Spend Matters

DECEMBER 21, 2023

AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.

Procurement solutions 87

Procurement solutions Procurement e2e Real-time Visibility 87

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.

Contract 90

Contract Logistics Supply Chain Efficiency Supply Chain Optimization 90