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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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Your 2024 Procurement Career Tune-Up

Una

Your 2024 Procurement Career Tune-Up As we leap into the shiny unknown of next year, let’s revamp your professional journey and and explore a procurement career tune-up. So, grab your toolkit, and let’s revamp that procurement engine of yours! Is it time to give your procurement career a tune-up?

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Can Coupa (and its procurement suite peers) manage supply as well as spend?

Spend Matters

But can they transcend the business spend management sphere and really go beyond indirect spend management support into the realm of supply [chain] management beyond some of the “basics” (e.g., For example, can they manage n-tier supply risk (or at least supplier risk)? Can they optimize purchased inventory?

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7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

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.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

Here’s how companies are using different strategies to address supply chain management and meet their business goals. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

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The Development of Spend Data Analysis

Market Dojo

This allows us for an almost immediate in-depth spend category analysis, which in the past may have required months of work on behalf of a procurement professional to analyse. Market Dojo helps procurement professionals negotiate better with our on-demand eSourcing tools. Spend Analysis – The Present.

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Digital Twin is an old idea – just new to supply chain

Solvoyo

A digital twin should enable a thorough evaluation of strategic and tactical options for a supply chain, e.g., network design, strategic sourcing through bids, transportation purchasing, seasonal build-ahead options, seasonal assortment options, etc. Enables representation of operational processes.