EazyStock

MARCH 17, 2021

As globalization extends supply chains around the world, the likelihood of negative impacts stemming from supply chain disruption increases. Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. Types of Supply Chain Disruptions.

Supply Chain Optimization 78

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency supply chain budgeting 78

Skill Dynamics

FEBRUARY 6, 2024

Your organization’s supply chain can be the bedrock of a robust ESG strategy that will drive positive change and contribute to long-term sustainability. We’re here to help guide you in developing a more ethical and sustainable supply chain using actionable insights from our years of expertise. Let’s dive right in.

Supply Chain Efficiency 59

Supply Chain Efficiency Supply Chain Optimization Sustainability Supply chain 59

NLPA (Next Level Purchasing Association)

MARCH 16, 2023

Spend Management is a critical function within an organization, and it involves the strategic management of the company’s spending to reduce costs, improve efficiency, and enhance profitability. We need to ensure that we are spending money effectively and efficiently to maintain our organization’s profitability.” “Our

Spend management 98

Spend management Management Procurement supply chain budgeting 98

IBM Supply Chain Blog

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. In addition, a well-crafted procurement framework fosters innovation and sustainability. What is a procurement strategy?

Procurement strategies 65

Procurement strategies Strategy Procurement Supply Chain Efficiency 65

Supply Chain Trend

MAY 14, 2017

Every so many years, a new supply chain terminology takes the front page and dominates the conversation in magazines and conferences. In the last decade or two we’ve seen JIT (Just in Time), TQM (Total Quality Management), 6 Sigma, S&OP (Sales & Operations Planning), Lean, Agile, Demand-Driven Supply Chains…to name just a few.

Data 68

Data Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization 68

Finale Inventory

AUGUST 4, 2024

Examining raw materials in ecommerce reveals a complex web of supply chain dynamics. Understanding this path is essential for improving efficiency and cost-effectiveness in your operations. This transparency builds trust with your customers and positions your business as a responsible industry player.

Raw materials 52

Raw materials Inventory Real-time Visibility Strategy 52

Procurement Software

JULY 4, 2023

It aims to make the procurement process more efficient, transparent, and cost-effective. It also provides real-time data and analytics that can be used to improve purchasing decisions. These in turn can be used to inform better purchasing decisions and improve operational efficiencies. What is procurement tech?

Supply Chain Efficiency 52

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

Supply Chain Game Changer

JULY 3, 2019

Subscribe to Supply Chain Game Changer. The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? One of the easiest ways to gauge the success, and impact, of a responsible sourcing initiative, is by interweaving it into every fiber of your supplier relationship management. Subscribe Here!

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Procurify

JUNE 8, 2022

Supply base optimization is a strategy used to reduce the number of suppliers you work with, especially those who are inactive or limited-use suppliers. Effective supply base optimization can help reduce costs, improve supply chain efficiency, better supplier performance and collaboration, and increased revenue. .

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Supply 52

Procurement Software

JULY 9, 2024

These tend to place emphasis on driving cost savings, improving data quality and driving transactional efficiency. They also enable business stakeholders to self-serve for simple, low value and non-complex purchases. Direct procurement technology optimises crucial areas in managing direct spend.

Raw materials 40

Raw materials supply chain software solutions Procurement Supply Chain Efficiency 40

TYA Suite

MAY 3, 2025

It automates key processes like vendor onboarding, contract management, performance tracking, compliance checks, and payment processing, reducing manual effort and improving efficiency. Why Vendor Management Tools Are Essential in 2025 In 2025, businesses will be more dependent on vendors than ever before.

Vendor management 40

Vendor management Management supply chain software solutions Contract 40

Pipefy

JANUARY 31, 2023

Now, businesses rely on procurement teams to provide more holistic, strategic insights that create long-term business value and financial efficiency. During the 20th century, two factors spurred further evolution in procurement: efficiency gains in manufacturing and the development of computer technology.

Procurement 59

Procurement Procurement team Supply Chain Efficiency supply chain budgeting 59

IBM Supply Chain Blog

APRIL 4, 2024

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. BPM is intended to help improve the efficiency of existing processes, with the goal of increasing productivity and overall business performance. BPM is often confused with other seemingly similar initiatives.

Real-time Visibility 54

Real-time Visibility Management e2e Supply Chain Efficiency 54

Empowering CPO

JUNE 27, 2023

Delving into the intricate process of spend analysis, including data collection, cleansing, and analysis techniques, along with the role of technology in enhancing efficiency. This leads to informed decision-making, improved operational efficiency, and a competitive advantage in the marketplace.

Procurement 52

Procurement Real-time Visibility Supply Chain Optimization Procurement strategies 52

Pipefy

AUGUST 1, 2023

Any business that wants to excel, or even compete, in the current capricious market must have the ability to make the best, most efficient use of its resources. The market fallout of the COVID-19 pandemic, including the supply chain interruptions and rising inflation rates, however, were a rude awakening for many business leaders.

Strategy 52

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

Empowering CPO

JUNE 27, 2023

By examining spending patterns across various categories, such as suppliers, departments, and geographies, businesses can uncover hidden opportunities for cost savings, mitigate risks, and enhance their overall procurement efficiency. Mitigating Supplier Risks: Proactive supplier risk management is crucial for organizational success.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

Procurement Software

APRIL 2, 2024

Supplier Relationship Management (SRM) Full stack SRM software offering - depending on the tool - modules such as supplier onboarding, due diligence, supplier audit, supplier performance, internal stakeholder surveys, quality management, fraud checks, sustainability reporting.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Procurement Budget 52

Planergy

AUGUST 16, 2022

Supplier development is an important part of a company’s overall supply chain management strategy and is essential for ensuring that the right suppliers are selected to deliver quality products and services. The goal of these teams is to work with suppliers to identify ways to reduce costs and improve quality.

Suppliers 52

Suppliers Management supply chain budgeting Supplier relationship management 52

Una

MARCH 26, 2024

On its face this would look like incredible efficiencies, but The Farm Bureau explains: “ Even minor declines in farmed areas can have a significant impact on the rural identity of states … The more land shifted out of agriculture production, the harder it is to return those acres to farming. Think about that for a second.

Quality 52

Quality Price Supply Chain Efficiency Management 52

Procurement Software

FEBRUARY 2, 2025

Example: Supplier Relationship Management (SRM) SRM solutions will plug into an orchestration layer. This will enable seamless data integration from Supplier Quality Management (SQM) and Supplier Performance Management (SPM) systems to flow into single source of truth dashboards in an SRM solution.

supply chain software solutions 52

supply chain software solutions Procurement Contract Procurement team 52