Remove Purchasing Remove Risk Remove Supply Chain Analytics Remove Supply Chain Optimization
article thumbnail

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.

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

article thumbnail

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.

article thumbnail

Adapting Supply Chains to the Digital Retail Revolution

SCMDOJO

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. In addition to the ever-changing marketing landscape, the supply chain often fails. You need to integrate your supply chain management systems to meet this demand.

article thumbnail

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?

article thumbnail

Are you still spending time and money to run a lengthy RFI/RFQ/RFP process for a SaaS platform purchase?

Solvoyo

Traditionally, well-run RFI and RFP processes try to reduce the risk of deployment failure for the buyer via questions and a demo, and sometimes a proof-of-concept study with made-up data. Here are three reasons why: 1) The risk approaches are entirely different. 2) It takes valuable time. You can also book a meeting using this link.