World of Procurement blog

APRIL 24, 2024

Embarking on this path not only enriches your professional arsenal but also lays the foundation for achieving the prestigious MCIPS status. This globally respected status is evidence of your strategic acumen, ethical practice, and dedication to continuous improvement.

Procurement 52

Procurement Supply chain management Supply chain management Supply Chain Optimization 52

The Thomas Blog

NOVEMBER 9, 2022

Thomasnet.com ® offers detailed information on North American companies in over 75,000 categories of products and services, not to mention our CAD file library, whitepapers, and guides. Any other certifications and diversity status the company might have will also display for each company. Let's dive right in. Step 1: Search.

Suppliers 98

Suppliers Sourcing Buyers Supply chain 98

Procurement Tactics

DECEMBER 5, 2022

We all know that sourcing companies help a business find sources for products at a low price and of a certain quality. The rapid growth in production needs has made manufacturing sourcing companies crucial for every business, especially multinational companies. The cost of the sample products or materials.

Sourcing 182

Sourcing Quality Suppliers Price 182

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. However, what is it?

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Last Mile Logistics — What You Should Know Last mile logistics is often associated with e-commerce due to its rising popularity in the modern market.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

Procurement Tactics

MAY 25, 2023

Its name is derived from the colored cards used to monitor production and reorder supplies as they run out. They utilize digital boards, lists, and cards to convey the status of processes across different departments. For example, in manufacturing, each stage of production can be a separate list.

Inventory 130

Inventory Supply Chain Optimization Negotiation supply chain software solutions 130

Pipefy

JANUARY 17, 2024

The Guest Experience is a collection of product features bundled together to improve guest experiences, increase data and access security, and reduce IT costs. Speed up approvals, requests, follow ups, and status monitoring with this centralized hub. Watch the product demo below to learn more about Interfaces.

Data 52

Data Management Suppliers Collaboration 52

Supply Chain Game Changer

MARCH 2, 2022

In fact, 93% of customers say they want to be informed with increased visibility throughout the entire delivery journey, from in-transit status through to final arrival date. Improve productivity. Moreover, 47% of customers refuse to even place a second order with a business with poor delivery visibility.

Real-time Visibility 88

Real-time Visibility Supply Chain Efficiency Route optimization Supply Chain Optimization 88

ivalua

JUNE 7, 2021

Procurement’s role and status have been on an upward trajectory for many years, accelerating during the Covid-19 crisis. With business priorities shifting from damage control to restoring growth, innovative procurement leaders are positioning the function to be a driver of growth and thereby further elevating the function’s status.

Strategy 130

Strategy Procurement Collaboration Innovation 130

TYA Suite

MAY 14, 2023

An Stock from the time it is ordered Movement of the stock within a warehouse to multiple warehouses Status of the stock till it reaches its destination or disposal In this blog post, we will throw light on the benefits and key features of the inventory management. Ever wanted to try a new sales channel to list your products?

Inventory 52

Inventory Real-time Visibility Management Supply Chain Efficiency 52

Procurement Tactics

JULY 20, 2023

This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands. It provides real-time visibility into order status, inventory levels, and fulfillment processes.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

SCMDOJO

JANUARY 17, 2024

Even the aftersales service matters more than the delivery of the product. After receiving the returned product, the company decides whether to dismantle it and keep the useful parts, recycle it, repair the product, or scrap it as a whole. This product is again ready for sale.

Supply Chain Efficiency 86

Supply Chain Efficiency Management Supply Chain Optimization Logistics 86

Procurement Leaders

DECEMBER 9, 2022

The strategy, which allows for the shutdown and quarantine of large areas in response to an outbreak, has resulted in the abrupt closure of factories and offices, affecting production at facilities operated by firms such as Tesla and Foxconn.

Export 217

Export Risk Supply chain Strategy 217

ivalua

JUNE 28, 2022

“Our partnership with C2FO creates a dynamic Source-to-Pay solution that improves how companies access and manage capital, enabling our customers to turn their cash into a more powerful tool for liquidity,” said Pascal Bensoussan, Chief Product Officer of Ivalua. Learn more at www.ivalua.com. Follow us at @Ivalua.

Spend management 130

Spend management Suppliers Influencing Sourcing 130

Procurement Tactics

AUGUST 24, 2022

A supply network is a cluster of suppliers or vendors that helps an organization in adding value for customers by producing or delivering a product. . It gives organizations numerous options from which they can select suppliers according to their preferences such as product, prices, and location. Improved contract terms.

Networking 130

Networking Suppliers Buyers supply chain budgeting 130

Procurement Leaders

MARCH 6, 2023

The executive team has acknowledged the procurement team’s work in keeping product on the shelf, managing cost and managing inflation. Procurement teams are increasingly tracking the status of suppliers across several tiers of the supply chain, as exemplified by satellite service provider Inmarsat.

supply chain budgeting 189

supply chain budgeting Suppliers Risk Procurement 189

Supply Chain Game Changer

MAY 5, 2022

Consumers continue to demand customized products, adding to the challenge of low-cost production. Manufacturers have been forced to look hard at their production methods, labor costs, and transportation expenses, among numerous other areas throughout the organization. Intelligent machines populate your factory floor.

supply chain software solutions 111

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 111

Pipefy

JANUARY 4, 2024

The result is greater efficiency and less time spent on tedious, repetitive, and time-consuming work like sharing status updates, requesting approvals, or handing off work between departments. For O2C, alert customers of their order status as their request moves along the process. Automation also results in less waste.

Procurement 52

Procurement Purchase orders Purchasing Suppliers 52

Supply Chain Game Changer

NOVEMBER 7, 2022

If this obstacle often happens within your organization, you might generate higher costs and develop lower-quality products that might affect your customers’ expectations. As a result, you can ensure that your production team can mass-produce high-quality items that would delight your buyers. Reduces Product Shortages.

supply chain budgeting 86

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 86

Let's Talk Supply Chain

FEBRUARY 8, 2023

When suppliers are in the dark about the status of their invoices and find themselves repeatedly inquiring about the payment date, that’s bad news for their customers. Bad supplier relations resulting from inefficient invoice management systems could lead to supply chain gaps that negatively impact production lines, which is bad for business.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain Suppliers 52

Spend Matters

MAY 8, 2023

prior to P2P execution) and/or downstream activities, new or existing products, procurement and/or supply chain functions, etc. It is in that context that one should evaluate the evolving nature of Coupa's product offerings. As is the usual case for Coupa, the product was co-innovated closely with large global customers.

Spend management 75

Spend management Management Real-time Visibility Collaboration 75

IBM Supply Chain Blog

NOVEMBER 21, 2023

Having a well-managed schema registry is not just a technical necessity but also contributes to the strategic goals of treating data as a valuable product and helps tremendously on your data-as-a-product journey. A schema describes the structure of data.

Real-time Visibility 104

Real-time Visibility Quantity Data Quality 104

Procurement Tactics

APRIL 19, 2023

Goal 2: Zero Hunger Procurement can support the goal of zero hunger by ensuring that the products that they will create are affordable and nutritious. Goal 3: Good Health and Well-Being Procurement can contribute to the goal of good health and well-being by buying and using environmentally safe and healthy products.

Sustainability 165

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 165

ivalua

JULY 20, 2020

July 20, 2020 – Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that it has achieved FedRAMP Ready status for moderate impact certification and is listed on the FedRAMP Marketplace. REDWOOD CITY, Calif.,

Spend management 147

Spend management Risk management Risk Procurement 147

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. 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

Procurement Tactics

SEPTEMBER 9, 2022

Using the Matrix in classifying the significance of suppliers’ products and services can highlight the support strategy development, supply disruption, and weaknesses of the supply chain. . The Kraljic Matrix works by mapping the profit impact of a product on one axis and the reliance on the supplier of the product on the other.

supply chain budgeting 130

supply chain budgeting Purchasing Risk Market analysis 130

IBM Supply Chain Blog

DECEMBER 4, 2023

This approach can accelerate speed-to-market by providing enhanced capabilities for developing innovative products and services, facilitating business growth and improving the overall customer experience in their interactions with the company. Below, we provide summaries of some of our current generative AI implementation initiatives.

Ethics 56

Ethics Data Risk management Risk 56

ivalua

MARCH 27, 2023

This Hub approach gives your suppliers one view of the AP process, enabling them to instantly check invoice receipt, status and payments information. A problem solver and industry thought leader, his product positioning is central to generating long-term customer value while streamlining user experience.

Procurement strategies 130

Procurement strategies Agile and Lean Supply Chain Real-time Visibility Networking 130

IBM Supply Chain Blog

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. Better customer satisfaction : An optimized supply chain allows businesses to make sure products are available when and where people want them—which can improve relationships and loyalty with customers.

supply chain software solutions 86

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 86

SCMDOJO

FEBRUARY 24, 2022

With the new product release, Apple shares rose by more than 4%, thus defying the trends brought about by the pandemic. Accordingly, these companies were affected by the global chip shortage and were in some cases forced to halt production lines. billion (£92.6 billion) from October to December 2021. Ford and GM.

Supply chain 126

Supply chain Supply Buyers Innovation 126

Spend Matters

AUGUST 16, 2023

Spend Matters constantly updates its understanding of the state of the procurement tech market via RFIs for our SolutionMap dataset, vendor interviews, global event attendance and product demos with the aim of keeping tech-selection decision makers ahead of market trends. Many thanks to JAGGAER.

Procurement 87

Procurement Procurement team Buyers Risk 87

The Thomas Blog

SEPTEMBER 6, 2022

Product traceability and company transparency are important to millennials. In line with the changes in the private labeling industry , the food and beverage industry is working to put more sustainable packaging and unique products on the shelves and available online to meet the challenges of growing consumer demand.

Consumer demands 105

Consumer demands Supply Chain Efficiency Buyers Demand 105

IBM Supply Chain Blog

MAY 31, 2023

But there is one very practical and promising use case that has been commonly deployed without many people thinking about it: connected products. This use case involves devices and equipment embedded with sensors, software and connectivity that exchange data with other products, operators or environments in real-time.

Data 95

Data Supply Chain Optimization supply chain software solutions Networking 95

World of Procurement blog

APRIL 23, 2024

Stay abreast of the latest trends, scrutinize in-depth product reviews, case studies, and make comparisons across various offerings through critical evaluation criteria. Remember to take advantage of product demonstrations and inquire about vendors' stability, customer support capabilities, and long-term viability.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

World of Procurement blog

APRIL 23, 2024

Stay abreast of the latest trends, scrutinize in-depth product reviews, case studies, and make comparisons across various offerings through critical evaluation criteria. Remember to take advantage of product demonstrations and inquire about vendors' stability, customer support capabilities, and long-term viability.

Innovation 52

Innovation Procurement Supply Chain Efficiency Supply Chain Optimization 52

ivalua

DECEMBER 17, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Regularly review master data management (MDM) governance to understand the status of controls and risks across your organization. Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data.

Data 130

Data Suppliers Risk Procurement 130

ivalua

FEBRUARY 10, 2023

Finally, Ivalua’s eProcurement solution enables users to create purchase orders quickly and accurately while providing visibility into status updates along each step of the procurement process. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms.

Price 264

Price Strategy Sourcing Real-time Visibility 264