This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ruth Orenstein , Senior Director of ProductManagement at global finance automation specialist, Tipalti, shares what their customers are looking for from their digital procurement investment. Approval lead time is another important metric. Lastly, customers measure annual dollar savings to demonstrate tangible financial returns.
is a critical function for any organization, directly impacting its efficiency, cost savings, and overall productivity. Managing procurement manually can be fraught with challenges such as delays, human errors, and lack of visibility. The typical procurement cycle includes: Determining the products or services required.
Today Tom Burke, Portfolio ProductManager at CargoWise Landside, joins me to talk all about how drayage rating and quoting best practices can improve supply chain management, visibility, and logistics execution. In 2021, these companies where acquired by Envase Technologies, which was later acquired by WiseTech Global.
Our guest is Tracey Ortiz, director of productmanagement with SPS Commerce , provider of a retail cloud services platform. We cover changing distribution and inventory strategies in the wake of the tariffs, and how technology is helping all supply chain partners to cope in a time of great uncertainty.
Production planning software transforms how businesses convert customer demand into efficient, cost-effective production schedules. These tools eliminate manual errors, reduce waste, and help deliver products on time without excessive inventory costs.
These shifting dynamics bring about unexpected disruptions—like changes in levels of demand—impacting your ability to effectively manage your inventory, satisfy your customer needs, and ultimately your bottom line. For example, you could renegotiate a supply contract to keep business inventory costs low.
Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders. Timeliness is also important.
ProductManagement KPIs! In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Subscribe Here!
Will my deliveries reach my customers on time? How do I manage my fleet? Creating something from the ground up also needs time. Purchasing last-mile technology nearly always guarantees faster deployment times and reduced capital expenditure. These features can help streamline driver operations and improve productivity.
Managinginventory across multiple warehouses is a challenging task that requires careful planning and execution. In the dynamic ecommerce environment, efficient inventorymanagement is vital for the success of your business. Second, coordinating shipments and ensuring timely delivery can be a logistical challenge.
The result has been isolated applications, e.g. for supplier management and for P2P working in parallel with siloed data sets and limited or no synergy. A “wish list” was given in the area of supplier collaboration on the part of “mature procurement leaders”: Supplier enablement: accelerating time to value and driving supplier loyalty.
With the rapid advancements in cloud computing, data management and artificial intelligence (AI) , hybrid cloud plays an integral role in next-generation IT infrastructure. Cloud-based managed services include Infrastructure-as-a-Service (IaaS ), Software-as-a-Service (SaaS) and Platform-as-a-Service (PaaS ).
Today, Bryant Smith, Director of ProductManagement at Manhattan, joins me to talk all about supply chain unification – what it means; the barriers and potential; and its impact on visibility, resiliency, and cost. 08.20] The basics of supply chain unification, what it means, and the common misconceptions.
To get started making sense of all this data, supply chain managers should adhere to the following steps: 1. In light of this growing number of smart connected devices, its important that supply chain managers can access information from anywhere, at anytime, on any device to be able to make real-time supply and demand decisions.
Implementing such solutions could be the key to a new era of productivity for your organization, but implementing new and expansive IT software can be intimidating. As your company grows and expands its manufacturing capabilities, an MES can provide the necessary tools for managing larger and more complex production workflows.
This need becomes apparent when teams progress several steps into the process, only to discover that their old approaches do not effectively address the management costs introduced by the new technology. Productmanagers: Observability data can provide productmanagers with valuable insights into user behaviour and application performance.
First-class OpenTelemetry support Full-stack observability demands thorough visibility and comprehension. OpenTelemetry serves as an indispensable tool for achieving comprehensive visibility, facilitating streamlined practices with common instrumentation, portable formats and interoperable pipelines. Ansible®, PagerDuty, etc.).
When managing a successful business, having dependable suppliers is vital. Finding suppliers you can trust to deliver quality products on time is key for maintaining customer satisfaction and ensuring smooth operations. Proximity can offer several advantages, such as reduced transportation costs and shorter lead times.
They almost always happen within the standard lead time of the components you need. And very often they can stop production immediately. From your Customer to your CEO through to the entire Management chain and everyone in Production … they all want the needed parts NOW!
Founded in 2016, the company is led by two experienced procurement and management experts. It serves Fortune 500 companies, and in 2020 the platform managed more than $150M of spend. It also has an analytics system claiming to focus on risk management rather than retrospective troubleshooting. Key Data: Founder / CEO: Gregory N.
Suzhou Universal Chain Technology Company (hereafter referred to as Suzhou Universal Chain) and IBM China recently announced the successful development of Suzhou Universal Chain’s enterprise application integration platform and business process automation management platform using IBM hybrid cloud and AI software.
We also touch on a few more niche solutions for SMEs, for example project management software, supplier intake, accounts payable automation, “build-a-bot”, as well as a negotiation planning guidance tool. This is a great solution for either “lone ranger” procurement managers.
Modern Spend Management and Accounts Payable software. 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. Taking your time throughout the process ensures you get the best possible match. What's Planergy?
This operations overview, or process visibility , can reveal common areas of waste and bottlenecks that cost companies millions in time and revenue each year. An operations strategy is a deliberate, company-wide plan that drives the production and distribution of goods and services.
First-class OpenTelemetry support Full-stack observability demands thorough visibility and comprehension. OpenTelemetry serves as an indispensable tool for achieving comprehensive visibility, facilitating streamlined practices with common instrumentation, portable formats and interoperable pipelines. Ansible®, PagerDuty, etc.).
To manage a product’s life cycle, one must focus intensely on the four major stages. However, before proceeding to those stages, one should know the product’s life Cycle. The life Cycle is a series of stages a product goes through from its inception to its eventual demise.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content