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

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

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 79

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 79

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

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

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

Supply Chain Agility and Visibility. Limited visibility can increase the total cost to serve and the total cost of ownership, reduce supply chain performance and increase the loss of value in your supply chain. Purchasing Training Tidbits. Recommended Reading. SPSM vs. CPO Suite.

Agile and Lean Supply Chain 52

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

SCMDOJO

AUGUST 16, 2023

Introduction The global business landscape has witnessed an increasingly fierce competition, pushing companies to seek effective strategies to maintain and enhance their competitiveness. Among these strategies, the role of supply chain capability stands out as a key factor in driving success.

Supply Chain Efficiency 77

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 77

SCMDOJO

JANUARY 30, 2023

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. He is not primarily known for his work as a supply chain professional.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply chain 121

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 59

Retail Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

Supply Chain Game Changer

AUGUST 3, 2021

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. No other function but Supply Chain understands, can envision, can implement, and can manage the Digital Supply Chain.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

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

Supply Chain Opz

NOVEMBER 9, 2014

Paul Dittmann , Executive Director of the Global Supply Chain Institute at the University of Tennessee Improving operational efficiency in the global supply chain is a complex undertaking, and requires a documented, multi-year strategy instead of knee jerk reactions, and programs of the month.

Agile and Lean Supply Chain 109

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

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. Then this article will show you 6 basic strategies that many world''s leading companies use to capture the value in globalization.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

Supply Chain Game Changer

NOVEMBER 16, 2022

Direct purchase requests from employees are possible with varying levels of auto-approval. Automation of procurement processes, along with a seamless integration of the other systems such as ERP, WMS, and TMS, will ensure enhanced supply chain visibility. Cost Saving. Challenges of Procurement Automation.

Supply Chain Efficiency 19

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

World of Procurement blog

MAY 8, 2024

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. Ongoing risk monitoring, control towers, and supply chain visibility enable rapid response.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

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 77

Supply Chain Efficiency supply chain budgeting Real-time Visibility Supply Chain Optimization 77

Una

JUNE 5, 2024

Having a plan for disruption As part of your supply chain risk management framework, it’s essential to have a well-defined plan for responding to disruptions. This should include the identification of potential risks, the development of contingency strategies, and the establishment of clear communication protocols.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Real-time Visibility 52

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

Procurement Insights

AUGUST 30, 2023

The Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T. Considered to be a breakthrough assessment of the purchasing industry at the time, I felt that there were several gaps in the study. Kearney Report that was originally released in May 2007.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

IBM Supply Chain Blog

SEPTEMBER 20, 2021

Goods arrived exactly when needed, waste and holding costs were kept to a minimum, and single source strategies prevailed due to ease and cost savings. Then, 2020 sent shockwaves through many JIT strategies; the disruption was just too big to absorb and supply chain ecosystems had not been built to flex.

Supply chain resilience 52

Supply chain resilience Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 52

Una

OCTOBER 17, 2023

Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supply chain complexity. The basics of group purchasing Group purchasing refers to the practice of businesses or organizations coming together to purchase goods or services at a discounted price.

supply chain budgeting 81

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

Procurify

JUNE 8, 2022

Supply base optimization ensures that you are focusing on working with suppliers that are the most productive and beneficial to your business. . First thing’s first: what is supply base optimization? Here are some ways you can use supply base rationalization strategies to create a more manageable supply base: Arbitrary reduction.

Supply Chain Optimization 52

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

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

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. And as many suppliers are based in the Far East, buyers need to understand local pricing, duties, testing and shipping to ensure they receive the right product to enhance their promotional strategy.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

Supply Chain Game Changer

NOVEMBER 10, 2018

Now is the time to begin implementing the improvements and strategies you need to make this coming Holiday season more successful than last year. The reality is the Supply Chain must be designed to handle the demand from this peak Holiday and Promotional period. Merchant Strategy Synchronization.

Supply Chain Optimization 44

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 44

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

EazyStock

MARCH 17, 2021

Holidays affect supply chains in a couple different ways. Customers will flock to stores and websites to purchase gifts and holiday décor. The other effect that holidays have on the supply chain, however, lies at the other end: manufacturing. One of the most obvious changes is demand, especially for retailers.

Supply Chain Optimization 78

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

Procurement Software

JUNE 4, 2024

For this list, we looked at procurement software that focuses on either direct materials or purchased parts. While this is not strictly procurement, it affects the strategies of how direct materials are procured, shipped and scheduled. These are predominantly focused on indirect spend and transactional efficiency.

Supply Chain Efficiency 52

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

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

Procurement Software

MARCH 7, 2023

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The P2P process deals predominantly with administrative purchasing tasks. What is the difference P2P and S2P?

Sourcing 64

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

Procurement Software

DECEMBER 5, 2022

Then, with the growing popularity of Enterprise Resource Planning (ERP) systems such as SAP and Oracle during the late 1990s and early 2000s, converting requisitions into purchase orders (POs) was done electronically. The P2P process deals predominantly with administrative purchasing tasks. What is the difference P2P and S2P?

Sourcing 52

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