ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Arkestro

DECEMBER 12, 2022

Procurement professionals of all types face a challenging and dynamic work environment. The pandemic and resulting supply chain disruptions have added extreme pressure on the health and pharma sector to address shortages quickly and efficiently. What Are the Biggest Procurement Challenges in Health and Pharma?

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Procurement Software

MARCH 7, 2023

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. Table of Contents What is P2P in Procurement?

Sourcing 64

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 64

Spend Matters

FEBRUARY 20, 2023

Categories: Procurement Systems & Architecture , Supply Chain Visibility Tags: PRO In this Spend Matters PRO Vendor Analysis, we give an overview of Circularise, a blockchain-based traceability solution that helps companies trace products and materials to verify their origins, certificates, CO2 footprints and other material data.

Supply Chain Efficiency 70

Supply Chain Efficiency Supply chain Raw materials Supply Chain Visibility 70

Procurement Tactics

JUNE 5, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Success! Negotiation Course for Procurement Learn from industry experts who negotiated billion $ deals 2. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. CERTIFICATE COURSES Related courses about this subject 1.

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supply chain budgeting supply chain software solutions Supply Chain Optimization Supply Chain Efficiency 192

Procurement Insights

AUGUST 30, 2023

Posted on August 22, 2011 (Original post date May 2007) Dangerous Supply Chain Myths Revisited (Part 7): Enabling Technology – The Emergence of the Metaprise Each day for the next seven days I will be posting parts 1 through 7 from what is considered to be one of the most popular series in the Procurement Insights Blog’s history.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Procurement Software

DECEMBER 5, 2022

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. This reflects the increasing digitisation trend in procurement to manage both operational and strategic processes more effectively. What is P2P in Procurement? What is P2P in procurement?

Sourcing 52

Sourcing supply chain software solutions Procurement Agile and Lean Supply Chain 52

Una

APRIL 23, 2024

Why Do We Need Supply Chain Visibility? Tips for Building an Effective Procurement Data Strategy Robots in Procurement Supplier selection & risk management Think of machine learning as your trusted advisor when it comes to choosing and monitoring suppliers.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Strategic Sourceror

FEBRUARY 3, 2023

Some of the key advantages that visibility solutions bring include: Less risk According to McKinsey, organizations that have implemented digital dashboards for their supply chain visibility needs were twice as likely to have avoided the supply chain issues that plagued the industry in the early months of 2022.

e2e 67

e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

The Good Spending

JUNE 15, 2022

Buygrid Framework: An introduction to industrial buying theory The Buygrid Framework (1967) classical procurement theory analyzes the industrial (B2B) buying behavior and business processes. It presents industrial buying not as a single event but as an organizational decision-making process where multiple individuals decide on a purchase.

supply chain budgeting 52

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

Supply Chain Game Changer

AUGUST 26, 2021

Subscribe to Supply Chain Game Changer. Supply Chain Visibility Has Never Been More Important! Supply Chain visibility article and permission to publish here provided by Adam Miglio. And the limitations in supply chain visibility seem to start right here. Subscribe Here!

Supply Chain Visibility 103

Supply Chain Visibility Real-time Visibility e2e Agile and Lean Supply Chain 103

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 76

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 76

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. Efficient Supply Chain Practices: Automated Distribution Centers and Computerized Inventory Systems Automation is a key component of Walmart’s efficient supply chain practices.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 74

Supply Chain Game Changer

NOVEMBER 16, 2022

Subscribe to Supply Chain Game Changer. Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. But there is the reality of automation in Procurement.

Supply Chain Efficiency 19

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 19

Zycus Cognitive Procurement

FEBRUARY 14, 2022

In the world of Procurement, many things can be taken for granted. The first step to building a resilient supply chain is strengthening your relationships with suppliers. Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

Supply Chain Game Changer

AUGUST 3, 2021

For far too long Supply Chain has not got the respect that it deserves. There are many reasons for this lack of due consideration: Many Supply Chain operations, like manufacturing, purchasing, warehousing, and logistics are hands on, blue collar type jobs. Much of the training is in specific skills (eg.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Procurify

JUNE 8, 2022

Effective supplier base management requires substantial resources proportional to the size of supply base. . Most procurement professionals agree that every interaction with suppliers has a cost associated with it. What’s more, a poorly managed supply base presents many supply line risks. Best in the category.

Supply Chain Optimization 52

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

SCMDOJO

JANUARY 30, 2023

The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1. During her tenure as a supply chain professional, Barra has been credited with implementing a new global purchasing and supply chain system, which helped GM reduce costs and improve its supply chain operations.

Agile and Lean Supply Chain 118

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply chain 118

Supply Chain Game Changer

NOVEMBER 19, 2018

The Supply Chain is directly responsible for the payment terms for Accounts Payable, Inventory (this does vary between companies), and even the negotiated terms for Capital purchases. Supply Chain has a central and pivotal role, if not the controlling responsibility, for Cash Cycle management.

Agile and Lean Supply Chain 84

Agile and Lean Supply Chain supply chain budgeting Supply chain Raw materials 84

SupplyShift

DECEMBER 6, 2021

In early 2021, the Association for Supply Chain Management (ASCM) gave the Economist Intelligence Unit (EIU) permission to dig deeper with a report into companies and their end-to-end supply chain visibility— The Resilient Supply Chain Benchmark.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In early 2021, the Association for Supply Chain Management (ASCM) gave the Economist Intelligence Unit (EIU) permission to dig deeper with a report into companies and their end-to-end supply chain visibility— The Resilient Supply Chain Benchmark. Thinking Forward. .

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

ivalua

JANUARY 24, 2022

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

Claritum

JULY 5, 2018

Claritum Article - Procurement Blog. If you can measure it then you can manage it” This statement is so true in the procurement field. The supply chain may contain components of raw materials, manufacturers, wholesalers, distributors, resellers, agents, logistics, retailers and many other entities. Introduction.

Real-time Visibility 36

Real-time Visibility Management Chief Procurement Officer Supply Chain Efficiency 36

Claritum

FEBRUARY 4, 2020

Claritum Article - Procurement Blog. Claritum’s solution for bespoke procurement. Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. Measuring bespoke purchasing data.

Purchasing 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

Supply Chain Brain

APRIL 20, 2018

Chief executive officer Jerry Flum joins us on this episode to relate how the company came to realize that the mass of data it was receiving from subscribers, credit managers and purchasing professionals could be aggregated to create predictions of business stability with 96-percent accuracy.

Risk 40

Risk Supply Chain Optimization Supply chain Purchasing 40

Claritum

FEBRUARY 4, 2020

Problems can arise when bespoke requirements are purchased directly by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. This can result in products and services being purchased across the organisation with no consistency of supply, sustainability or quality.

Purchasing 32

Purchasing Supply Chain Efficiency Sourcing Suppliers 32

ivalua

FEBRUARY 25, 2021

What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts.

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Best in Class” organisations within an industry typically have supply chain costs that are 50% less than the “Average” performers.

Agile and Lean Supply Chain 109

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 109

Claritum

AUGUST 15, 2019

Claritum Article - Procurement Blog. The benefits of purchasing promotional products. In many companies’ problems can arise when promotional goods are purchased by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers. Introduction. 1 Introduction.

Management 32

Management Procurement Purchasing Sourcing 32

Solvoyo

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . Accurate and timely reconciliation of purchase orders with receipts.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency supply chain software solutions 52

Claritum

APRIL 25, 2018

This can result in the products being purchased across the company having an inconsistent quality, which can be damaging to the companies brand. The benefits of purchasing promotional products. If information about purchases is not accurate then this means there is no spend visibility or control over the promotional goods expenditure.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

Supply Chain Brain

JULY 2, 2018

Buy-in from global brands and purchasing houses is critical to the success of the digital training concept. At the moment, most factories using the training tool are in China and Bangladesh, although QuizRR is also pursuing contracts in Mauritius and Thailand, the latter in collaboration with 10 Nordic food brands.

Supply chain 40

Supply chain Raw materials Supply Collaboration 40

Supply Chain Game Changer

NOVEMBER 6, 2018

Food is wasted at every stage of the Supply Chain, as shown in the following table. Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. Disruptive Technologies = Digital Supply Chain! Remember we are looking for a 25% reduction in Food Waste.

Supply Chain Optimization 59

Supply Chain Optimization Supply chain Real-time Visibility Supply 59