SCMDOJO

MAY 20, 2024

Traditional supply chain solutions once included strict protocols for manufacturing expectations and a priority on quantity over quality. Modern influences on supply chains today include more product visibility, better customer understanding, and fast shipment speeds.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Influencing Supply chain management 64

IBM Supply Chain Blog

MAY 9, 2024

healthcare, managing the accuracy, quality and integrity of data is the focus of data governance. One broken or incomplete piece of data can trigger not only noncompliance and audit issues but also harm real people. Data quality issues Positive business decisions and outcomes rely on trustworthy, high-quality data.

Data 67

Data Quality Real-time Visibility Strategy 67

Spend Matters

JUNE 19, 2023

API integrations or multiple punch-outs), limitless level of data detail for catalogs to incorporate guidance — including advanced data quality, mapping and validations — and multiple purchasing models, such as shopping lists, bundles or kits. Top performing vendors have more options to create catalogs (e.g.,

Procurement solutions 80

Procurement solutions Procurement supply chain budgeting Real-time Visibility 80

World of Procurement blog

MAY 8, 2024

Customers receive orders on-time without backlogs. Plan The planning phase focuses on forecasting demand to determine what products are needed, the quantities required, and timing of orders. Source Sourcing involves identifying suppliers and negotiating pricing, lead times, quality, and other terms.

Agile and Lean Supply Chain 40

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

SCMDOJO

DECEMBER 14, 2023

Time is really important in business. Knowing how crucial time is for keeping customers happy and influencing what they buy, it’s clear that handling lead time (which means the time it takes to get things ready) is not just needed for business, but it also gives an edge in today’s competitive and complex economy.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 78

Procurement Tactics

JUNE 26, 2023

Social Media Trends Instagram, TikTok, Facebook, and Pinterest are the best channels that offer real-time trending products to sell. These tips will likely change over time so constant research and informed decisions will play a big part. He has helped me immensely every time I spoke with him. Here are the top 3 tips: 1.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Arkestro

DECEMBER 12, 2022

Supply Chain Visibility. Supply chain visibility is another critical issue. Visibility provides regulatory and consumer assurance in the face of issues like counterfeiting. To combat these issues, health and pharma need supply chain visibility—all the way down the supply chain. Ensuring quality. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

The Thomas Blog

JANUARY 16, 2024

Listing your business in these directories can put you in front of an audience that is actively searching for products like yours, so it improves the quality of your leads. This industry-specific platform provides targeted visibility to businesses actively seeking industrial solutions.

Strategy 52

Strategy Real-time Visibility Quality Quantity 52

Pipefy

MAY 29, 2024

Insufficient training /lack of support is another common reason some change initiatives fail, often stemming from a lack of resources like funds, personnel, and time to effectively implement the change. Time to Adoption Time-to-adoption measures the time needed to achieve the desired business outcome once a change has been implemented.

Change management 52

Change management Management Real-time Visibility Stakeholder engagement 52

Supply Chain Game Changer

SEPTEMBER 21, 2021

Is Just In Time Past Its Time? Most of the pre-pandemic Inventory Management strategies were centred around improving inventory turnover, keeping inventory levels as low as possible, and reducing the amount of cash tied up in inventory. Subscribe to Supply Chain Game Changer. Get Our EBOOK HERE.

Inventory 52

Inventory Agile and Lean Supply Chain Real-time Visibility Supply Chain Optimization 52

EazyStock

JUNE 16, 2022

Advancing technologies, such as artificial intelligence and machine learning, make connectivity and supply chain visibility easier. AI can adapt in near-real-time to changing conditions and develop new knowledge by processing more data and revealing more patterns and trends than humans can. Inventory management and AI.

Supply chain management 52

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

Zycus Cognitive Procurement

SEPTEMBER 28, 2022

The supplier ships the goods and once received, the receiving department does a quality check and notifies the Accounts Payable (AP) department about the arrival of the shipment. The invoice contains all the relevant details such as a description of goods, purchase order number, quantity, unit prices, etc. Time savings – .

Real-time Visibility 40

Real-time Visibility Purchase orders Purchasing Suppliers 40

Empowering CPO

MAY 15, 2023

It’s the art of sourcing, negotiating, and purchasing, all while maintaining a keen eye on quality and cost. But in recent times, this function has evolved far beyond the simple act of purchasing. Focusing solely on cost savings could lead to missed opportunities for innovation and quality improvement.

Procurement 52

Procurement Innovation Quality Real-time Visibility 52

Pipefy

JUNE 14, 2023

Visibility into procurement categories and effective management of categories fosters benefits like greater risk management and less costly supplier redundancies. ignoring the importance of data quality, 2. Spend analytics creates the visibility procurement teams need to complete a spend analysis. What is spend data?

Real-time Visibility 52

Real-time Visibility e2e Contract Procurement team 52

Empowering CPO

JUNE 27, 2023

This is where the real magic happens. It provides the visibility needed to manage and control spending, identify savings opportunities, enhance supplier management, improve compliance, and increase procurement efficiency. This classification provides a clearer view of what an organization is spending money on, and with whom.

Real-time Visibility 52

Real-time Visibility Supply Chain Optimization Purchase orders Supply Chain Efficiency 52

Procurement Heads

MAY 3, 2023

It was presented to me as an opportunity and challenge at the same time in my very first role by the Managing Director I was reporting to at the time, this followed a two-and-a-half-year stint in front-line operations. It has actually allowed me to be able to educate people and give procurement a voice.

Real-time Visibility 130

Real-time Visibility Negotiation Procurement Price 130

Procurement Heads

MAY 3, 2023

It was presented to me as an opportunity and challenge at the same time in my very first role by the Managing Director I was reporting to at the time, this followed a two-and-a-half-year stint in front-line operations. It has actually allowed me to be able to educate people and give procurement a voice.

Real-time Visibility 130

Real-time Visibility Negotiation Procurement Price 130

The Thomas Blog

APRIL 12, 2024

You can effectively generate high-quality sales leads, increase conversion rates, and drive business growth by incorporating proven strategies and best practices into your strategy. By continuously testing and optimizing campaign elements such as subject lines, email design, send times, and CTAs, you’ll improve performance and effectiveness.

Strategy 52

Strategy Real-time Visibility Networking Buyers 52

Arkestro

MAY 16, 2022

Shipments are global, and so are the sources of raw materials. There is a competition based on quality and price—competition made more fierce by the fact that raw materials can account for 50% or more of a chemical’s selling price. Deployment takes time, data migration takes time, and onboarding takes time.

Raw materials 52

Raw materials Procurement Real-time Visibility supply chain software solutions 52

Empowering CPO

JUNE 27, 2023

Purpose and Key Insights of this Blog This blog aims to provide a high-quality, in-depth exploration of the significance of spend analysis in driving procurement success. Real-world success stories and case studies illustrating the significant impact of spend analysis on achieving tangible cost savings and procurement optimization.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

Planergy

JANUARY 18, 2024

How to gain visibility and control of your indirect spend. Your catalogs are only as good as the data quality used to create them. This vital process streamlines purchasing, enhances spend visibility, and improves supplier relationship management. How to report and analyze indirect spend to identify savings opportunities.

Management 52

Management Procurement Supplier relationship management Real-time Visibility 52

Supply Chain Game Changer

MARCH 23, 2021

But too often the expected deliverables from Supply Chain professionals are established without a real understanding of the totality and breadth of actual tasks that must be performed underneath those high level expectations. With an iceberg it is said that only 10% of it is visible as the rest is under the water.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Real-time Visibility Supply 64

Pipefy

MAY 9, 2023

Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services. and allows you plenty of time to find replacement suppliers should the quality or lead times of existing ones diminish.

Procurement 52

Procurement Real-time Visibility supply chain budgeting Procurement team 52

Empowering CPO

JUNE 26, 2023

In the following sections of this guide, we will provide in-depth analysis, real-world examples, and actionable recommendations to empower healthcare organizations in their journey towards optimizing costs and improving patient care through effective spend analysis. Benefits of Implementing Spend Analysis in Healthcare A.

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Supplier consolidation 52

Empowering CPO

JULY 5, 2023

Integrating technology into procurement processes is not just about keeping up with the times; it’s about realizing the potential for enhanced efficiency, accuracy, transparency, and strategic decision-making. In an age where business operations are becoming increasingly digitized, procurement is no exception.

Supply Chain Efficiency 52

Supply Chain Efficiency Management Procurement Real-time Visibility 52

EazyStock

JANUARY 6, 2023

As costs increase with inflation at its highest in over 40 years, now is the time to review your current situation to understand where you can improve efficiency or reduce costs. While one piece of software won’t bring you complete visibility, you can implement different solutions based on business needs.

supply chain software solutions 52

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

EazyStock

JANUARY 6, 2023

As costs increase with inflation at its highest in over 40 years, now is the time to review your current situation to understand where you can improve efficiency or reduce costs. Increased supply chain visibility. The averted US rail strike in December 2022 would have been catastrophic for US residents and the wider supply chain.

supply chain software solutions 52

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

Finale Inventory

JUNE 29, 2022

Continue reading for more information about shortages and surpluses and how Finale Inventory’s scalable inventory management system can help your business thrive. There are several scenarios that can cause an inventory surplus: 1. An unexpected increase in demand can leave a business with an inventory shortage.

Inventory 52

Inventory supply chain software solutions Demand Price 52

Empowering CPO

JULY 2, 2023

In essence, it’s a critical business function that ensures the right goods and services are available at the right time, in the right quantities, at the right price. Real-World Examples of Companies Benefiting from These Services Several companies have experienced the transformative power of Managed Procurement Services.

Management 40

Management Supplier relationship management Procurement Strategic sourcing 40

IBM Supply Chain Blog

AUGUST 11, 2023

It advances the scalability of ML in real-world applications by using algorithms to improve model performance and reproducibility. MLOps aims to streamline the time and resources it takes to run data science models using automation, ML and iterative improvements on each model version. What is MLOps?

Data 53

Data Real-time Visibility Collaboration Innovation 53

Claritum

MAY 2, 2019

If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? As, whilst Procurement professionals are deeply involved in transaction related activities, they do not have time to effectively address this second list. Key transactional areas of Procurement. 1 Introduction.

Real-time Visibility 44

Real-time Visibility Procurement Purchase orders Eprocurement 44

HICX

SEPTEMBER 11, 2023

These could occur due to a variety of reasons, such as a supplier having financial issues, lack of quality control, natural disasters and even bad publicity about a supplier related to ESG concerns. Delivery disruptions These include situations in which suppliers are unable to honor agreements to deliver goods or services on time.

Risk management 52

Risk management Risk Suppliers Management 52

Pipefy

FEBRUARY 3, 2023

Invoices are documents generated and issued by suppliers that indicate the products, product quantities, and pricing for products and services provided by them to a business, either via email, mail, or electronically. Less manual data entry Manual data entry is not only a time concern, it’s a risk concern.

e2e 59

e2e Management Purchase orders Real-time Visibility 59

Supply Chain Game Changer

JANUARY 27, 2020

Quality, productivity, reduced cycle times and safety improvements are the focus, not workforce replacement/reduction. The information can be collected, stored, and analyzed on a real-time basis or in batches of statistically relevant quantities. Work instructions can be made visible on the inside of these glasses.

Agile and Lean Supply Chain 52

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

Supply Chain Game Changer

JANUARY 12, 2020

” Coming into the Holidays, the busiest time of the year, that is the last thing that I wanted to hear. “ From that point forward we pulled together the necessary resources and visibility to get the problem solved quickly. It is also at that time of year when you need your employees to be their most productive.

Real-time Visibility 52

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

World of Procurement podcast

JUNE 15, 2021

We covered a lot of ground in this 25-minute podcast and this podcast is going to be exceptionally beneficial to you if you are currently looking at your supply chain and wondering how can we improve visibility, how can we reach our sustainability goals using our supply chains and how do we know what is in this product?

Sustainability 52

Sustainability Real-time Visibility Supply Chain Efficiency Procurement 52

Supply Chain Game Changer

MARCH 7, 2019

Quality, productivity, reduced cycle times and safety improvements are the focus, not workforce replacement/reduction. The information can be collected, stored, and analyzed on a real-time basis or in batches of statistically relevant quantities. Work instructions can be made visible on the inside of these glasses.

Agile and Lean Supply Chain 50

Agile and Lean Supply Chain Real-time Visibility Supply Chain Efficiency Networking 50