Supply Chain Brain

SEPTEMBER 30, 2021

Learn how enhanced visibility and predictive analysis help bring supply chain resilience.

Quality management 86

Quality management Supply chain resilience Quality Supply chain 86

HICX

SEPTEMBER 19, 2023

Brands require resilience in an array of areas and chief among these is compliance. Stringent regulations must be followed, although the supply chains from which they are navigated, are incredibly complex. So, can brands manage resilience factors, such as costs and compliance, holistically?

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

SCMDOJO

MAY 7, 2024

Supply chains are vital to businesses, facilitating the movement of goods, services, financial flows, and information. Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. However, they are also susceptible to disruptions and risks.

Supply Chain Visibility 76

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 76

HICX

NOVEMBER 6, 2023

Brands require resilience in various areas, and chief among these is compliance. Stringent regulations must be followed, although the supply chains from which they are navigated, are incredibly complex. So, can brands manage resilience factors, such as costs and compliance, holistically? Read full article

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Supply chain Supply 52

Zycus Cognitive Procurement

DECEMBER 15, 2022

Here are the 7 supply chain management trends for 2023 – Building agile supply chain ecosystems. Managing supply chain risk. Improving supply chain analytics. Enhancing supply chain resilience. Improving supply chain sustainability.

Supply chain management 52

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

Spend Matters

SEPTEMBER 19, 2023

In September 2017, Hurricane Maria battered the Caribbean Island of Puerto Rico, knocking out the main production facility of Baxter International, which supplies 41% of the saline solution used in the United States, leading to widespread shortages in hospitals across the country.

Supply chain 93

Supply chain Supply chain resilience Supply Risk 93

Empowering CPO

MAY 8, 2023

Importance of Risk Management in Procurement Procurement plays a critical role in the success of any organization, as it involves acquiring goods and services necessary for business operations. Finally, we will provide practical tips for incorporating risk management best practices into your organization’s procurement process.

Risk management 52

Risk management Risk Procurement strategies Strategy 52

Una

OCTOBER 12, 2023

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

Supply Chain Optimization 52

Supply Chain Optimization Procurement Supply chain resilience supply chain budgeting 52

Arkestro

APRIL 2, 2024

Resources / Analyst Reports / Procurement 2024: BIG Trends and Predictions Procurement 2024: BIG Trends and Predictions Download Now Let's Talk By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology. But in 2024, the role has never been more important.

Chief Procurement Officer 52

Chief Procurement Officer Procurement Procurement team Buyers 52

IBM Supply Chain Blog

JUNE 30, 2023

In the healthcare supply chain, there are three main challenges pharmacies, hospitals, pharmaceutical companies and patients are facing: shortages and delays; lack of convenient and cost-effective fulfillment options; and rising counterfeiting and regulatory changes, along with a persistent need for better drug cold chain management.

Supply Chain Efficiency 78

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 78

Procurement Tactics

DECEMBER 21, 2022

The complexity of today’s supply chain makes it more prone to severe impacts from disruptions, just like what happened at the start of the pandemic. . Due to this, many organizations have put supply chain resilience as a top priority. Collaborations can help companies to access top supply chain talent. .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

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. Proactive risk management prevents major losses.

Agile and Lean Supply Chain 40

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

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Let’s look at the impact of each of these trends and see how you can incorporate them into your supply chain for 2021.

supply chain software solutions 96

supply chain software solutions Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 96

Arkestro

JANUARY 9, 2024

By using data to monitor and evaluate supplier performance, teams can improve KPIs like delivery times, quality metrics, and more over time. Contract management. Supply Chain Resilience The pandemic highlighted the importance of supply chain resilience. Cost analysis.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Procurement Supply Chain Optimization 52

Procurement Tactics

JUNE 7, 2023

It is a strategic method of managing suppliers, where the focus is on aligning suppliers and partners with your business strategy. It provides a digital platform for managing various aspects of the supplier relationship , such as sharing information, coordinating activities, exchanging documents, tracking performance, and resolving issues.

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

SCMDOJO

JUNE 6, 2023

What’s more, data analytics can help businesses implement ‘just-in-time’ (JIT) inventory management. What is JIT inventory management? Continuous Improvement & Risk Management Analytics helps make continuous improvement easier by providing businesses with data-driven insights. This will benefit the entire supply chain.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

ivalua

APRIL 9, 2021

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organisations focus on improving supply chain resilience and boosting growth.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Supplier Data Quality & Management in Decision Making. Risk & Performance Management.

Agile and Lean Supply Chain 26

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 26

ivalua

APRIL 8, 2021

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Procurement priorities have also become more strategic, as organizations focus on improving supply chain resilience and boosting growth. About Ivalua.

Procurement strategies 130

Procurement strategies Strategy Agile and Lean Supply Chain Procurement 130

World of Procurement blog

MAY 8, 2024

It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations. Mitigates risk by selecting reliable suppliers, managing supplier relationships, and ensuring continuity of supply.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement strategies are all about managing the change aimed at driving continuous improvement in the supply chain. Supply Chain Resilience: The unprecedented disruption caused by the pandemic has highlighted the importance of supply chain resilience.

supply chain software solutions 52

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

ivalua

JANUARY 31, 2022

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . The Criticality of the Supply Chain (and Suppliers). More on that here.

Procurement 130

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

ivalua

JUNE 29, 2021

These programs are as familiar to procurement professionals as concepts like spend analysis or category management. This piece was a Harvard Business Review article in August 2020 that resonated with me and helped to reframe supplier diversity in terms of supply chain resilience.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

ivalua

FEBRUARY 24, 2021

Sawchcuk added that a lack of supply chain visibility beyond tier-one suppliers made the disruption of the pandemic even more impactful, causing organizations to invest in managing and mitigating risk. For many organizations risk has become not only an executive committee issue, but a board-level discussion,” he said.

Agile and Lean Supply Chain 162

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply chain resilience 162

Empowering CPO

JUNE 30, 2023

This is where the concept of managed procurement services comes into play. Managed procurement services, a key facet of business process outsourcing, is a solution that allows businesses to delegate their procurement tasks to external experts. The role of procurement services in businesses is multifaceted.

Management 40

Management Procurement Supply Chain Efficiency Supplier relationship management 40

Zycus Cognitive Procurement

DECEMBER 9, 2020

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The pandemic has put to the test, flexibility, adaptability, and resilience of supply chains. It exposed weak links in production strategies and supply chains of organizations.

Risk management 52

Risk management Risk Suppliers Management 52

Zycus Cognitive Procurement

JANUARY 20, 2023

At its core, procurement transformation is all about managing the change aimed at driving continuous improvement in the supply chain. Supply Chain Resilience: The unprecedented disruption caused by the pandemic has highlighted the importance of supply chain resilience.

supply chain software solutions 40

supply chain software solutions Supply chain resilience Procurement Supply Chain Efficiency 40

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? When you work with local experts and access nearby resources, you can ensure top-quality products.

Eprocurement 49

Eprocurement Procurement Supply Chain Efficiency Supply chain resilience 49

Procurement Software

APRIL 2, 2024

Collaboration Tools Various types of Project Management and internal stakeholder and supplier collaboration software platforms available within this price range. Along with niche category specific procurement tools, there are also project management and internal collaboration applications in this space.

supply chain budgeting 52

supply chain budgeting supply chain software solutions Procurement Budget 52

Supply Chain Trend

MAY 17, 2022

For middle management, ineffective decision-making reaches 68 percent. Any planning, forecasting, analytics, simulations, and insights must facilitate high quality, timely decisions. Figure 1 : Demand & supply balancing decisions in an IBP cycle. At the core, the IBP process must facilitate executive decision making.

Agile and Lean Supply Chain 97

Agile and Lean Supply Chain supply chain software solutions Supply Chain Efficiency Supply chain 97

ivalua

DECEMBER 14, 2020

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.”

Agile and Lean Supply Chain 130

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

Empowering CPO

JUNE 9, 2023

These are quantifiable measures used to track and analyze the efficiency, effectiveness, and quality of the procurement process. Defining Procurement Metrics Procurement metrics, in essence, are a system of parameters that quantify and evaluate the effectiveness, efficiency, and quality of procurement activities within an organization.

Procurement 52

Procurement Supply Chain Efficiency Agile and Lean Supply Chain Quality 52

Arkestro

DECEMBER 12, 2022

According to McKinsey , companies can minimize supply chain disruption through “greater visibility, rigorous risk management, and newer technologies that help companies better anticipate and respond to shocks.”. Managing Supplier Relationships. Managing risk. Managing costs. Ensuring quality.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Empowering CPO

JUNE 14, 2023

It’s a strategic function that involves understanding market trends, analyzing suppliers, negotiating contracts, and managing relationships, among other tasks. Procurement is central to a business’s operations, with a purpose that encompasses cost-efficiency, quality control, risk management, and strategic sourcing.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

IBM Supply Chain Blog

MAY 17, 2024

Four AI in commerce use cases are already transforming the customer journey: modernization and business model expansion; dynamic product experience management (PXM); order intelligence; and payments and security. These tools can manage content, standardize product information, and drive personalization.

Supply Chain Efficiency 66

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization e2e 66

Procurement Templates

SEPTEMBER 14, 2023

It goes beyond the traditional criteria of cost, quality, and reliability, encompassing environmental and social considerations. Here are some evaluation criteria to consider: Environmental Impact : Carbon Footprint : Evaluate suppliers’ efforts to reduce greenhouse gas emissions in their operations, transportation, and supply chain.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Arkestro

JANUARY 4, 2023

Procurement has had massive challenges and targets over the past year: Managing inflation. Ensuring continuity of supply. Companies Will Scale Their Procurement Knowledge Base and Enablement Programs To Attract and Retain A New Profile of Category Management Talent. Reducing supplier risk. Reducing spend. Driving sustainability.

Supply Chain Optimization 104

Supply Chain Optimization Procurement team Agile and Lean Supply Chain Supply Chain Efficiency 104