Skill Dynamics

OCTOBER 19, 2023

Numerous platforms and needs, on top of a multi-tiered supply chain, have made origin tracing even more challenging. The Essentials of Procurement Optimization Taken at its most basic level, procurement optimization is simply the strategic process of improving every aspect of procurement operations.

Supply Chain Optimization 52

Supply Chain Optimization Strategy Procurement Vendor management 52

IBM Supply Chain Blog

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM also provides the foundation for making refinements and enhancements that lead to continuous improvement.

Real-time Visibility 60

Real-time Visibility Management e2e Supply Chain Efficiency 60

Pipefy

NOVEMBER 3, 2023

A resilient procurement process can help businesses adapt more quickly to changes in the market and disruptions to the supply chain. Digital automation optimization helps procurement teams achieve this type of resiliency by simplifying process automation and making it easier for teams to modify and improve their procurement workflows.

Procurement 52

Procurement Procurement team Supply Chain Efficiency Agile and Lean Supply Chain 52

Pipefy

AUGUST 1, 2023

Business operations generally fall under the umbrella of one of the following categories: product management, supply chain, inventory, forecasting, scheduling, quality, or facilities planning. They standardize every possible process, then set specific goals and run trials to optimize each task.

Strategy 52

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

Supply Chain Game Changer

SEPTEMBER 29, 2020

Subscribe to Supply Chain Game Changer. In our experience the best way to systemically, and sustainably, optimize inventory is to take a process based inventory turnover improvement approach. This process included a focus on total cost of ownership, not just piece price levels. Subscribe Here! Email Address.

Inventory 90

Inventory Raw materials Supply Chain Optimization Demand 90

Empowering CPO

JUNE 27, 2023

This is where spend analysis steps in as a powerful tool that empowers procurement professionals to make informed decisions, optimize costs, and drive strategic outcomes. It involves a detailed exploration of spending at the category level, allowing procurement professionals to identify trends, patterns, and opportunities for optimization.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40

Pipefy

MAY 9, 2023

Build a more efficient and connected procure-to-pay process with The Definitive Guide to P2P Optimization Importance of procurement KPIs Procurement has evolved over the years from transactional functions (now associated with purchasing) to encompass strategic activities focused on maximizing and creating value for a business.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Pipefy

JANUARY 5, 2023

Digital procurement is the use of technology to optimize and automate procurement processes and workflows. Errors can cost companies directly if prices are entered incorrectly or discount deadlines are missed, or indirectly when mistakes have to be corrected. Nowhere is this more true than in the challenges to the supply chain.

Procurement 52

Procurement Procurement team supply chain software solutions e2e 52