Supply Chain Game Changer

OCTOBER 28, 2021

Lieferkettengesetz, and others) encouraging large/enterprise businesses to take responsibility for the entirety of their global supplier networks, increase tier-n compliance and combat poor supply chain visibility. Poor Data Quality, Scattered Tech Landscapes, Lacking Leadership Approval/Budgets. Data quality is pivotal.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Una

APRIL 23, 2024

Why Do We Need Supply Chain Visibility? It can analyze factors including supplier performance, quality, pricing, delivery reliability, and even financial stability, to help you make informed decisions. Then there’s the resource-intensive task of supplier monitoring.

Supply chain management 52

Supply chain management Supply chain management Supply Chain Optimization Supply Chain Efficiency 52

Arkestro

OCTOBER 29, 2023

After all, more data sources doesn’t necessarily mean better or cleaner data to strategize from. Diversifying suppliers, implementing supply chain visibility tools, and monitoring supplier performance are all crucial for banishing any lingering fears about supply chain’s effect on the procurement process.

Procurement 52

Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

SCMDOJO

JUNE 14, 2023

Increased scalability: With 3PL integration, businesses can scale their operations quickly without sacrificing quality or customer service. It also helps Nike to improve its supply chain visibility and agility and reduce its environmental impact. Select the right 3PL provider.

Supply Chain Efficiency 77

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

Supply Chain Game Changer

SEPTEMBER 17, 2020

Supply Chain Systems article and permission to publish here provided by Dave Joseph at veridian.info. As evidenced by the most recent peak shipping season , the need for effective, high-quality logistics and warehouse management has never been higher. E-commerce will continue to grow significantly through 2020 and beyond.

supply chain software solutions 105

supply chain software solutions Supply Chain Efficiency Supply chain e2e 105

EazyStock

JANUARY 6, 2023

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. The algorithms used by AI provide better quality data and analysis of supply chains to enable better-informed decisions.

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

If you’re buying raw materials or components, review your bill of materials to see if it’s possible to substitute materials or items for cheaper options or source from alternative suppliers. Increased supply chain visibility. ABC/XYZ analysis can help identify the most valuable items to your business.

supply chain software solutions 52

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

Supply Chain Game Changer

NOVEMBER 22, 2018

There should be quality checks done at certain points of the supply chain to ensure that the product is exactly where it needs to be before moving on to the next step. It’s incredibly important to trust the data that informs your supply chain, or rather, to be certain that you have data you can trust. Don’t Rush.

Supply chain 43

Supply chain Real-time Visibility Supply Quality 43

ivalua

OCTOBER 18, 2022

In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made. While data quality cannot be perfected and some technological innovations aren’t quite ready for prime time, tremendous improvements are possible.

Supply Chain Efficiency 130

Supply Chain Efficiency Data Procurement Supply Chain Visibility 130

Zycus Cognitive Procurement

FEBRUARY 14, 2022

Here we’ve listed some of the top ones: Reputational risk: Who your supplier is, the quality of their process, the final service/product delivered by them – any failings in any of these can damage your organization’s reputation. Technology, without a doubt, improves the whole gamut of sourcing activities.

Suppliers 52

Suppliers Supply Chain Efficiency Supplier relationship management Vendor relationships 52

SupplyShift

APRIL 13, 2021

According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one. Fortunately, when companies prioritize supply chain visibility, the benefits extend far beyond sustainability itself.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

SupplyShift

APRIL 13, 2021

According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one. Fortunately, when companies prioritize supply chain visibility, the benefits extend far beyond sustainability itself.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

World of Procurement blog

APRIL 23, 2024

Key Areas in Construction Procurement: Materials Procurement: Ensuring quality and timely delivery of construction materials. Equipment Procurement: Sourcing the right tools and machinery for construction tasks. Quality Assurance: Implementing control measures to ensure procured items meet the project’s quality criteria.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

World of Procurement blog

APRIL 23, 2024

Key Areas in Construction Procurement: Materials Procurement: Ensuring quality and timely delivery of construction materials. Equipment Procurement: Sourcing the right tools and machinery for construction tasks. Quality Assurance: Implementing control measures to ensure procured items meet the project’s quality criteria.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Procurement Agile and Lean Supply Chain 52

Supply Chain Opz

OCTOBER 14, 2013

In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility. The answer is NO.

Supply Chain Visibility 98

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 98

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. It helps establish a KPI framework on cost, quality, and on-time performance of the suppliers. stated that cost reduction is a close second. Real-time data and analytics.

Supply Chain Efficiency 19

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

Supply Chain Opz

NOVEMBER 9, 2014

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

Agile and Lean Supply Chain 109

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

Supply Chain Brain

FEBRUARY 26, 2018

billion data points about the supply chain, according to chief executive officer Richard Ettl. In addition to keeping tabs on product quality, the information can be used to make decisions about where to route a container so as to minimize transit time and potential product damage. Still, there are problems to be overcome.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Logistics Supply chain 40

Supply Chain Opz

OCTOBER 14, 2013

In recent years, the auto-id technology such as bar code and RFID together with the electronic data transmission are considered the holy grail of supply chain visibility. In this article, we will explore the basic concept and propose ways that you can use to create the better visibility. The answer is NO.

Supply Chain Visibility 55

Supply Chain Visibility Agile and Lean Supply Chain supply chain software solutions Supply chain 55

Supply Chain Brain

MAY 7, 2018

It’s that latter quality that applies to data-heavy disciplines such as pricing. Such a quality is of increasing importance to organizations today, given the rapid pace of global commerce. On one hand, A.I. can generate “expert systems” that seek to replicate the knowledge of seasoned veterans in a given field.

Price 40

Price Raw materials Supply Chain Optimization Supply chain 40

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

JANUARY 24, 2022

Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation. We’ve always been focused on ensuring that we have high-quality data that’s accessible and secure. Then look at generating quality data in the source-to-pay process.

Data 130

Data Real-time Visibility Procurement Supply Chain Efficiency 130

Supply Chain Brain

JULY 9, 2018

Schneider Electric needed a coherent messaging platform that could ensure the quality of data moving across the supply chain in a connected fashion. “We We wanted to freely share and exchange data to become more agile and responsive, and get visibility to what was happening upstream and downstream with supply and demand.”

supply chain software solutions 40

supply chain software solutions Agile and Lean Supply Chain Supply Chain Optimization Supply chain 40

Solvoyo

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. For businesses of all sizes, the digital transformation of supply chain planning became the most important initiative. . This includes internal and external data sources.

Agile and Lean Supply Chain 52

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

The Good Spending

JUNE 15, 2022

The decision-making may involve plans to modify the product specifications, prices, terms, or vendors to enhance the product quality or reduce cost. So, there's no limitation to the competitive sourcing process. T hese routine activities leverage integrated automated systems, enabling supply chain visibility.

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. After all, one small mistake may have a ripple effect that impacts your entire chain, operations, and cash flow.

Supply Chain Efficiency 93

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 93

Claritum

APRIL 25, 2018

However, it is important for companies to manage the process of sourcing promotional goods effectively. This can result in the products being purchased across the company having an inconsistent quality, which can be damaging to the companies brand. Source: PPAI Sales Volume Study Summary. Sourcing off catalogue.

Sourcing 32

Sourcing Buyers Purchasing Spend management 32

Procurify

JUNE 8, 2022

When you conduct an audit, focus on things like each supplier’s performance data, product and process management, how the company operates, the structure of their quality management system (QMS), and personal interactions with other staff. . Naturally, the larger the supply base, the more difficult and expensive it is to maintain it. .

Supply Chain Optimization 52

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

Procurement Software

MARCH 5, 2024

At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management. All while offering risk mitigation derived from various different external data sources.

Real-time Visibility 52

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

Supply Chain Brain

JUNE 4, 2018

When it comes to the deployment of blockchain in the supply chain, or anywhere else for that matter, these are still early days. The technology shows promise, but is far from fulfilling its touted role as an indelible system of record for transactions among supply-chain partners.

Supply Chain Optimization 40

Supply Chain Optimization Supply chain Supply Management 40

Supply Chain Brain

JANUARY 19, 2018

But it has quickly emerged from that dark and mysterious world to offer an invaluable tool for business in general, and global supply chains in particular. Blockchain technology was created to support transactions involving Bitcoin and other cryptocurrencies.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 40

Claritum

FEBRUARY 4, 2020

Bespoke requirements - key sourcing issues. Sourcing Bespoke requirements the right way. Sourcing of bespoke requirements needs to be managed effectively within an Organisation. 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

Solvoyo

NOVEMBER 28, 2018

Simply, a cognitive supply chain model utilizes machine learning, which is a type of artificial intelligence that has been merged with advanced analytics. It helps quickly process and make sense of the vast amount of data coming from countless sources. Sources: [1] [link].

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 40

EazyStock

MARCH 17, 2021

The other effect that holidays have on the supply chain, however, lies at the other end: manufacturing. Especially for companies sourcing goods from China, Chinese (or Lunar) New Year marks a 2-week (and often longer) holiday for Chinese manufacturers. In this case, supply completely drops off as manufacturers are closed.

Supply Chain Optimization 78

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

Claritum

AUGUST 15, 2019

Problems with current sourcing methodologies. Sourcing the right way for Promotional goods and services. However, it is important for companies to manage the process of sourcing promotional goods effectively. This can result in products and services being purchased across the company with no consistency of supply or quality.

Management 32

Management Procurement Purchasing Sourcing 32

SupplyShift

DECEMBER 18, 2018

Worldwide coffee consumption is expected to triple by 2050 (from today’s impressive rate of 600 billion cups a year) while global coffee production is under threat from a variety of sources. The environmental impact of the coffee supply chain doesn’t end with the shipment of high-quality beans to your local coffee shop.

Supply chain 52

Supply chain Sustainability Supply Supply Chain Visibility 52

Supply Chain Game Changer

NOVEMBER 10, 2018

Focus on your key cost, quality and delivery metrics. E-Commerce is one of the fastest growing channels anywhere in the world. The Supply Chain team must understand the number of skus being planned and the volumes anticipated. End to End Supply Chain visibility is critical!

Supply Chain Optimization 44

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