Una

AUGUST 17, 2022

This is where strategic sourcing professionals spend most of their time, communicating directly with their top suppliers through an SRM program , and using cutting-edge procurement software to analyze spend and track risk. Quality concerns. It’s lean, it’s hard to get under control, and can sometimes be a little scary.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

World of Procurement blog

APRIL 23, 2024

The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Supplier Research and Selection : Finding reputable suppliers who can provide the right quality and quantity at the right price.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

ivalua

MAY 30, 2022

Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . These autonomous ecosystems are connected by data that is continuously available to all stakeholders, optimizing information quality and improving decision-making.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

ivalua

JUNE 4, 2020

A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. Supplier Data Quality & Management in Decision Making. Transparency, or ability to scale data, across an organization.

Agile and Lean Supply Chain 173

Agile and Lean Supply Chain Supply chain resilience Supply Chain Efficiency Supply chain 173

ivalua

JUNE 29, 2020

I have some real context of this, living in NYC and having a family member that works at a hospital. While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Across this supply chain there is typically a lack of visibility due to siloed information and data.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 219

ivalua

MAY 19, 2022

Having the complete source-to-pay journey within the Ivalua Platform will help our customers build stronger, reliable supplier relationships”, said David Khuat-Duy, Founder and CEO of Ivalua. The high-level benefit of embedding the TransferMate payment solution within the Ivalua Source to Pay journey is that supply chains can become stronger.

Supply Chain Efficiency 130

Supply Chain Efficiency Real-time Visibility e2e Buyers 130

Spend Matters

DECEMBER 21, 2023

Today, for procurement organizations too, applying an AI-first approach has become imperative, especially in the source-to-pay process. Generative AI, in particular, offers transformative potential in optimizing source-to-pay processes. And the maximum value can be extracted from these new tools through strategic integration.

Procurement solutions 83

Procurement solutions Procurement e2e Real-time Visibility 83

SCMDOJO

DECEMBER 28, 2023

This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels. Having clear visibility into inventory is critical for omnichannel fulfilment. Limited Visibility: These supply chains have restricted visibility, with real-time information being scarce.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 74

SCMDOJO

APRIL 4, 2023

When it comes to managing a supply chain, having access to real-time data can be a game-changer. By providing visibility into every aspect of the supply chain, companies can identify bottlenecks, reduce waste, and minimize delays. This can result in faster delivery times and improved customer satisfaction.

Supply Chain Analytics 110

Supply Chain Analytics Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 110

Zycus Cognitive Procurement

OCTOBER 20, 2022

Thus, to create value, procurement professionals must consider the full range of factors that impact cost, quality, and risk. Making procurement decisions is a complex task that requires considering a wide range of factors such as price & quality, delivery times, and terms & conditions. Ensuring better compliance.

Real-time Visibility 59

Real-time Visibility Procurement Procurement team Risk 59

Empowering CPO

JUNE 27, 2023

Traditional approaches to spend analysis relied heavily on manual processes and limited data visibility. Data Integration and Visibility: Connecting disparate data sources, such as procurement systems, supplier databases, and financial records, to create a centralized and holistic view of procurement activities.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Data 40

Empowering CPO

JUNE 22, 2023

Introduction Welcome to our complete guide on the role of spend analysis in strategic sourcing. In the ever-evolving world of business, strategic sourcing has become a linchpin in corporate success. But how do we fuel the engine of strategic sourcing? The answer lies in the powerful tool of spend analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Supply Chain Efficiency 52

Supply Chain Game Changer

JULY 3, 2019

But, as stakeholders in the future of tomorrow, we also have to be conscious about the necessary steps to realize sustainable impact, for real. So, what are the steps that need to be taken in businesses globally to make real sustainable impact? What will ensure the delivery of quality products and services to consumers?

Sustainability 58

Sustainability Sourcing Supply Chain Efficiency Real-time Visibility 58

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

IBM Supply Chain Blog

NOVEMBER 21, 2023

Apache Kafka is a well-known open-source event store and stream processing platform and has grown to become the de facto standard for data streaming. It does not have any visibility of what kind of data are being sent and received, or what data types it might contain. Kafka does not examine the metadata of your messages.

Real-time Visibility 106

Real-time Visibility Quantity Data Quality 106

ivalua

SEPTEMBER 19, 2022

Loss of sales and market share are the most visible and measurable impacts. Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

Let's Talk Supply Chain

MARCH 26, 2023

Today I’m joined by Blume Global , a market-leading, sustainability-focused software brand that is removing a huge $1 trillion of waste from the global supply chain, and making logistics processes more agile, dependable, and sustainable with innovative execution and visibility solutions. 27.19] The ideal client for Blume Global.

Real-time Visibility 52

Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization supply chain software solutions 52

Empowering CPO

JUNE 26, 2023

From data-driven decision making to real-time spend visibility, predictive analytics, supplier collaboration, intelligent automation, and data security, we will explore each trend in depth, shedding light on their significance and potential impact on businesses.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Supply Chain Game Changer

MAY 31, 2022

Any point of single sourcing, or sole sourcing , whether it be materials, parts, resources, systems, processes, suppliers, production or facilities is a single point of failure. needs to establish at least one other facility, separate and apart from the one in Michigan, to also be a source of these products.

Supply chain 123

Supply chain Real-time Visibility Supply Demand 123

IBM Supply Chain Blog

FEBRUARY 14, 2024

Customer-facing AI use cases Deliver superior customer service Customers can now be assisted in real time with conversational AI. Generative AI can produce high-quality text, images and other content based on the data used for training. Gear up robotics AI is not just about asking for a haiku written by a cat.

Real-time Visibility 89

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 89

SCMDOJO

JUNE 14, 2023

As a result, businesses can optimize their logistics processes using Orchestration and save time and resources. This technology allows businesses to monitor their supply chain from order placement to final delivery in real-time. This increased visibility leads to more efficient supply chain and inventory management.

Supply Chain Efficiency 77

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Logistics 77

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

Supply Chain Game Changer

MAY 23, 2022

A company’s supply chain usually comprises all the operations between sourcing raw materials and delivering the product to customers. Through knowledge management, supply chains have access to more complete and accurate information within the organization and external sources. Ensures products and services quality assurance.

Supply chain management 95

Supply chain management Supply chain management Supply Chain Efficiency supply chain budgeting 95

Pipefy

DECEMBER 20, 2023

It’s also a great source for making better, more data-driven business decisions. P2P analytics is important because it offers a layer of visibility and transparency to data across the entire procure-to-pay cycle. In order for P2P analytics to be useful, the source of the analytics needs to be accurate.

Import 52

Import Procurement Real-time Visibility Data 52

Supply Chain Game Changer

MARCH 16, 2021

I/T was going to be a source of competitive differentiation. When the end consumer used a coffee pod the specifics of that actual, real time consumption would be tracked electronically. They could see which flavours consumers were drinking, what time of day, what day of the week, what demand looked like by geography, and so on.

supply chain software solutions 100

supply chain software solutions supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 100

Supply Chain Game Changer

OCTOBER 6, 2022

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. Just-in-time Supply Chains have long been the envy of companies and industries of all kinds. The concept of only bringing in inventory on demand is very compelling when inventories are considered costly, wasteful and cash drains.

Supply chain 86

Supply chain Real-time Visibility Supply Sourcing 86

ivalua

AUGUST 26, 2015

Thus when launching an information gathering initiative, it can be difficult to ascertain where to put the most time to get the fastest and strongest return on the project. Block a supplier from participating in a sourcing event. Determine the criteria that will trigger the red flag and work your way back to its data sources.

Suppliers 173

Suppliers Real-time Visibility Sourcing Quality 173

IBM Supply Chain Blog

JANUARY 8, 2024

They can optimize their supply chains, create delightful, personalized experiences for their customers, proactively identify quality issues or intercept customer churn before it occurs. Becoming a real-time enterprise Businesses often go on a journey that traverses several stages of maturity when they establish an EDA.

Real-time Visibility 80

Real-time Visibility Export Supply Chain Efficiency Data 80

IBM Supply Chain Blog

SEPTEMBER 19, 2023

By infusing artificial intelligence into the developer toolkit, these solutions can produce high-quality code recommendations based on the user’s input. It uses deep learning algorithms and large neural networks trained on vast datasets of diverse existing source code.

Real-time Visibility 88

Real-time Visibility Sourcing Quality Networking 88

The Thomas Blog

JANUARY 5, 2024

Spend the time to research and identify online directories that encompass your specific industry, niche, or target sector/demographic. Use highly targeted keywords in your directory listings so you’ll be more visible to searches. SEO can also bring in high-quality leads. Visibility drives traffic and opportunities.

Strategy 52

Strategy Real-time Visibility Buyers Quality 52

Planergy

JANUARY 19, 2024

How to gain visibility and control of your indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Taking your time throughout the process ensures you get the best possible match. Quality: Assess the quality of products or services the vendor offers.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

SCMDOJO

MARCH 28, 2023

In supply chain management, blockchain can be used to track products from their origin to their final destination, providing a secure and transparent way to verify the authenticity and quality of products. This application eliminates redundant paperwork and provides real-time freight tracking.

Supply Chain Efficiency 107

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 107

Pipefy

AUGUST 1, 2023

The next step in M&E is to identify the data sources and collection methods so staff can conduct proper sampling of those sources. Real-time process monitoring also allows IT teams to resolve process problems quickly and efficiently. In other cases, the upstream data source may have missing features or corrupted data.

Real-time Visibility 52

Real-time Visibility Data e2e Sourcing 52

SCMDOJO

MAY 6, 2022

Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). The benefits include cost savings and a quick turnaround time from development to implementation. Reduces Time to Market. However, Finance is now Fintech and Marketing is now Digital Marketing.

supply chain software solutions 109

supply chain software solutions Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 109

IBM Supply Chain Blog

AUGUST 2, 2023

This inclusive approach enables rapid feedback on new and more frequent deployments, ensuring swift issue resolution and improved software quality. Using real-time monitoring and visualization tools, operations teams can track the health of distributed systems and detect anomalies or failures.

Real-time Visibility 61

Real-time Visibility Import e2e Product management 61

Pipefy

DECEMBER 6, 2023

No matter how much they differ, efficient and friction-free workflows typically share the following traits: they provide visibility, employees are aligned on changes and requirements, fosters accountability, and creates a positive business impact. Visibility Each step in a workflow should be visible.

Real-time Visibility 52

Real-time Visibility e2e Data Strategy 52