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

As any supply chain professional will tell you, managing various day-to-day operations and keeping track of everything going on in the supply chain are among the most difficult parts of the job. Higher levels of proactivity The ideal supply chain should be proactive to risk and change rather than reactive.

e2e 67

e2e supply chain budgeting Supply Chain Efficiency Supply chain 67

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

Risk Management : Provisions must be made to manage the following types of risks: Supply Risk: The possibility of production line shutdown, failure to meet customer requirements, and/or other catastrophes due to the non-availability of certain goods or services at a particular time. Supply Chain Agility and Visibility.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

Supply Chain Brain

APRIL 20, 2018

Now it has emerged as a tool for assessing the financial stability of suppliers and other supply-chain partners. The concept is embodied in a financial-risk score known as FRISK, developed by CreditRiskMonitor. Show notes : A paper on “Assessing Public Company Financial Risk by Crowdsourcing the Research of Credit Professionals.”

Risk 40

Risk Supply Chain Optimization Supply chain Purchasing 40

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

EazyStock

JUNE 16, 2022

Having systems and processes in place to reduce the possibility and subsequent impact of supply chain issues is extremely important. Advancing technologies, such as artificial intelligence and machine learning, make connectivity and supply chain visibility easier. What is artificial intelligence?

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization supply chain software solutions 52

Arkestro

DECEMBER 12, 2022

It’s vital that supplies are predictable, so you can get the products and services you need. To address supplier challenges, you must ensure your preferred providers can meet your changing needs and that you have a diverse supply base. Supply Chain Visibility. Supply chain visibility is another critical issue.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

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

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. Risk management is real. Apparently no one.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

Zycus Cognitive Procurement

FEBRUARY 14, 2022

You not only miss out on opportunities but also risk major setbacks due to possible supplier disruptions. The first step to building a resilient supply chain is strengthening your relationships with suppliers. The era of the linear, traditional supply chain is long gone. Some costly-to-ignore risk areas.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

IBM Supply Chain Blog

JUNE 30, 2023

So make sure that you have real-time inventory visibility to deliver on your promises (what’s in-stock, when purchased items will ship and arrive). From origins to ingredients to shelf life, consumers demand a transparent supply chain.

Retail Supply Chain 65

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 65

Let's Talk Supply Chain

JULY 9, 2023

Operating in over 40 countries worldwide, SEKO lead the industry with innovative and customizable IT solutions, which provide a seamless flow of information to deliver their growing customer base true supply chain visibility.

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 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. But it’s not just about understanding risk.

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. But it’s not just about understanding risk.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SCMDOJO

AUGUST 16, 2023

Additionally, computerized inventory systems provide Walmart with accurate and up-to-date information about stock levels, allowing for precise inventory control and reducing the risk of stockouts or excess inventory. By employing RFID tags on products, Walmart can track the movement of inventory throughout the supply chain in real-time.

Supply Chain Efficiency 74

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

Supply Chain Game Changer

FEBRUARY 6, 2019

In the world of e-commerce, downtime can mean the difference between consumers shopping with your company or abandoning their purchases in favor of Amazon. Put the Power of a Cloud-Based WMS to Work in Your Supply Chain. Supply chain executives should begin the process of migrating existing systems to cloud-based software now.

supply chain software solutions 54

supply chain software solutions Management Supply Chain Efficiency Supply chain 54

IBM Supply Chain Blog

MARCH 21, 2023

Supply chain visibility has been the missing link since the shockwaves of 2020 rippled throughout the world and consumers felt the impacts of broad-based supply chain issues. But what does supply chain visibility mean? The bottom line is your bottom line.

Real-time Visibility 84

Real-time Visibility Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 84

Supply Chain Game Changer

NOVEMBER 16, 2022

It helps bring predictability to Strategic Sourcing, automates Transactional Procurement (or P2P cycle), and enables proactive Supplier Risk Management. Direct purchase requests from employees are possible with varying levels of auto-approval. Risk management. Benefits of Procurement Automation. Unparalleled Collaboration.

Supply Chain Efficiency 19

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

Supply Chain Opz

NOVEMBER 9, 2014

However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g., delivery reliability”), but is that really “supply chain thinking”? percentage of second-tier suppliers who follow a certain risk management or IT standard”). These are three examples: Rule 3.1:

Agile and Lean Supply Chain 109

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

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 47

Purchasing Sourcing Supply Chain Efficiency Suppliers 47

Supply Chain Opz

JULY 7, 2014

Global supply chain is a very challenging subject in supply chain management because it involves different customer''s requirement, more complex operations/collaboration and unforeseen risks. In the past, they supplied products to department stores.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

Procurement Software

MARCH 5, 2024

These modules can be purchased separately or as one complete suite. FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It promises to assist with improving buyer and supplier collaboration.

Real-time Visibility 52

Real-time Visibility supply chain software solutions Procurement Supply Chain Efficiency 52

IBM Supply Chain Blog

JUNE 30, 2023

Doing so streamlines purchasing power and optimizes inventory management. Once hospital systems have real-time inventory visibility, order orchestration and supplier collaboration, they can enable greater customer satisfaction with options like online purchase with store pickup.

Supply Chain Efficiency 84

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 84

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

Claritum

JULY 5, 2018

True supply chain visibility means delivering real time information to upstream customers and downstream suppliers. Providing at any point in time, a top level view of KPIs, yet at the same time to be able to drill down to a specific item within any one of the many supply chain domains.

Real-time Visibility 36

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

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? 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?

supply chain budgeting 221

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

The Good Spending

JUNE 15, 2022

It presents industrial buying not as a single event but as an organizational decision-making process where multiple individuals decide on a purchase. New Tasks The first-time buyer seeks a wide variety of information to explore alternative purchasing solutions to their organizational task.

supply chain budgeting 52

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

Supply Chain Game Changer

OCTOBER 25, 2022

Increase supply chain visibility. If working knowledge of your supply chain isn’t thorough and up to date, you may struggle to action quick decisions. Take advantage of the latest technology as a more sophisticated method of automating processes, thereby reducing the risk of human error.

Supply Chain Efficiency 93

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 93

Procurify

JUNE 8, 2022

What’s more, a poorly managed supply base presents many supply line risks. Suppliers who have marginal performance, limited plant capacity, or inadequate financial capability all present ongoing risks to a company’s supply chain. Supplier rationalization requires ongoing maintenance of the supply base.

Supply Chain Optimization 52

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

EazyStock

MARCH 17, 2021

Supply chain disruptions are an inevitability for any supply chain, though the severity of the impacts can vary. Types of Supply Chain Disruptions. There are a wide range of supply chain disruptions that can affect any part of the supply chain. Emergency Backup Plan.

Supply Chain Optimization 78

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

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. 6) Collaboration across functions is key to stay viable and safe!

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Claritum

AUGUST 15, 2019

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. Plus, with this approach to purchases there is no supply chain visibility.

Management 32

Management Procurement Purchasing Sourcing 32

Solvoyo

MARCH 29, 2020

2) Real-time visibility is extremely valuable during times of crisis! In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level. 6) Collaboration across functions is key to stay viable and safe!

e2e 40

e2e Supply Chain Optimization Real-time Visibility Agile and Lean Supply Chain 40

Una

OCTOBER 17, 2023

EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.

supply chain budgeting 81

supply chain budgeting Real-time Visibility Supply Chain Efficiency Supply chain 81

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Wendy Tate, professor of supply chain management at the University of Tennessee, and coeditor-in-chief of the Journal of Purchasing and Supply Chain Management said it well , “Eliminating waste is good, but inventory isn’t necessarily the same as waste. Take out too much inventory, and you add risk.

Supply chain resilience 52

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

Solvoyo

MARCH 5, 2021

Accurate and timely reconciliation of purchase orders with receipts. Maintaining outlier events that have influenced demand patterns or supply availability. Predictive alerts: will help you prevent potential issues such as stock-out risks. Maintaining all past and future promotional events in a database.

Agile and Lean Supply Chain 52

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