Procurement Tactics

JUNE 19, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter AI in Logistics — The Ultimate Guide Artificial intelligence is rapidly revolutionizing industries and logistics is not an exception. CERTIFICATE COURSES Related courses about this subject 1.

Logistics 193

Logistics supply chain budgeting supply chain software solutions Real-time Visibility 193

Finale Inventory

MAY 16, 2024

A reorder point is the level of inventory you choose to indicate when it’s time to order new stock. Relying on manual processes and spreadsheets makes it difficult to track inventory in real-time, while increasing the risk of oversolds and stockouts through human error. Incorrect reorder points.

Real-time Visibility 52

Real-time Visibility Inventory Purchase orders Demand 52

Procurement Tactics

MAY 31, 2023

First Name Email Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Control — What You Should Know Inventory control allows businesses to ensure that the right amount of supply is available to meet the customers’ demands. In this article, we will discuss what inventory control is.

Inventory control 174

Inventory control Inventory Real-time Visibility supply chain budgeting 174

Procurement Tactics

JULY 20, 2023

This integration enables businesses to have real-time visibility into order status, inventory levels, and supplier performance, enabling them to make informed decisions and respond quickly to changing market demands. This automation saves time and effort, making the procurement process more efficient.

supply chain software solutions 134

supply chain software solutions Suppliers Management Real-time Visibility 134

Procurement Tactics

JULY 23, 2023

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Last Mile Logistics — What You Should Know Last mile logistics is often associated with e-commerce due to its rising popularity in the modern market.

Logistics 209

Logistics Supply Chain Efficiency Supply Chain Optimization Real-time Visibility 209

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Periodic Inventory System — Everything You Should Know Periodic inventory system is a method in accounting that is usually easier and more cost-effective. However, what is it?

Inventory 192

Inventory Real-time Visibility supply chain software solutions Quantity 192

Procurement Tactics

MARCH 27, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Supply Chain Forecasting — Everything You Should Know Supply chain forecasting is about making predictions from both past and present information. However, this approach is very time-consuming and costly.

supply chain budgeting 192

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 192

Procurement Tactics

NOVEMBER 14, 2022

Or receive our famous weekly newsletter. Or receive our famous weekly newsletter. The long delays are increasing shipping times and creating longer wait times to unload the cargo at the ports despite handling fewer cargoes. . Additionally, you will get real-time visibility into all areas of your business.

Retail Supply Chain 190

Retail Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 190

Procurement Tactics

DECEMBER 6, 2022

Or receive our famous weekly newsletter. However, these manual processes are ineffective and cost a lot of effort, time, and money. Or receive our famous weekly newsletter. Visibility of expense data. 33 Procurement Interview Questions in 2022. Download Whitepaper →. . Spend Management — The Ultimate Guide of 2023.

Spend management 172

Spend management Management Real-time Visibility Budget 172

Procurement Tactics

DECEMBER 21, 2022

Or receive our famous weekly newsletter. After taking the time to read this article, you will have a deeper understanding of what supply chain collaboration is all about. Thus, allowing you to know if your decision is right when the time comes you are going to collaborate in the supply chain. . Download Whitepaper →. .

Collaboration 199

Collaboration Supply Chain Optimization Supply Chain Efficiency Supply chain 199

Procurement Tactics

JANUARY 2, 2023

Or receive our famous weekly newsletter. The earlier you can let your suppliers know that there will be changes coming in the processes the more time you can hear their sentiments and make adjustments if necessary. If you have many suppliers, do not try to bring them all over to a new way of working at the same time.

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. However, what is it?

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Una

JANUARY 17, 2023

Zero visibility of the risks their ships faced, from storms to piracy and political instability, rendered those on shore helpless to intervene. That is why the most important gains in supply chain technology have been in the area of visibility. Subscribe to our Newsletter. Streamlined cross-border trade. For example, nearly 6.5

Supply Chain Efficiency 98

Supply Chain Efficiency Supply Chain Optimization Supply chain Real-time Visibility 98

Una

OCTOBER 17, 2023

The current state of chatbots in procurement Chatbots are intelligent systems, designed to assist procurement teams by automating tasks , providing real-time support to end-users, and enhancing overall efficiency. This ensures that procurement support is readily accessible at any time, increasing efficiency and reducing delays.

Procurement 52

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

SCMDOJO

MARCH 28, 2023

With its decentralized feature, blockchain technology allows real-time data sharing between different parties while ensuring secure data storage and preventing unwanted changes in a network. This application eliminates redundant paperwork and provides real-time freight tracking.

Supply Chain Efficiency 109

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 109

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

The Thomas Blog

JANUARY 16, 2024

This improves the company’s online visibility, helps it reach a wider audience, and enhances its authority and credibility within that niche. A successful SEO strategy will improve your visibility on search engines and allow more prospects to find your business. The right keywords will drive organic traffic to your website.

Real-time Visibility 52

Real-time Visibility Buyers Strategy Networking 52

Una

MAY 11, 2023

Building a Procurement Function From Scratch With the right approach, building a procurement function from scratch can create streamlined and efficient processes that deliver real value to your organization. Build a team Once you’ve identified your goals and stakeholders, it’s time to start building your team.

Procurement 98

Procurement Real-time Visibility e2e Purchasing 98

Procurement Tactics

JUNE 8, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Warehouse Automation — Transforming Warehousing Warehouse automation helps businesses to increase productivity and accuracy in their warehouses. However, what is it? Warehouse Automation Software 1.

supply chain software solutions 178

supply chain software solutions Warehouse operations Order Fulfillment Inventory 178

Una

APRIL 27, 2023

In some cases, the entire purchase may need to be re-evaluated or renegotiated, leading to wasted time and resources. Lack of visibility Part of the problem is that procurement simply doesn’t have visibility of the money being spent until it is too late. Then there’s the compliance angle.

Procurement 98

Procurement Real-time Visibility Purchasing Risk 98

Supply Chain Game Changer

SEPTEMBER 28, 2022

Make Your Website Visible and Trustworthy! Thus a website is your strategic source of revenue and brand visibility , which are important considerations before redesigning your website. Still, as time passes, you might notice that your website enjoys fewer visits. Why Think about Redesign? How to Make Redesign Successful.

Real-time Visibility 85

Real-time Visibility Supply Chain Optimization Supply Chain Efficiency supply chain software solutions 85

Planergy

SEPTEMBER 5, 2023

How to gain visibility and control of your indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Modern Software Reduces Budgeting Time & Effort Many businesses still rely on outdated, manual budgeting methods, such as spreadsheets or pen and paper.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Planergy

MAY 30, 2023

How to gain visibility and control of your indirect spend. An effective TEM solution will help an organization save money, time, and resources while providing visibility into spending patterns. Without visibility into spend, it’s very difficult to control costs. The key to overcoming this challenge is communication.

Real-time Visibility 52

Real-time Visibility Management Purchase orders Purchasing 52

Una

APRIL 23, 2024

Route optimization & logistics planning Cost savings, faster delivery times, and happier customers? By plugging into real-time data, machine learning algorithms do precisely that, optimizing transportation routes to minimize fuel consumption, reduce delivery delays, and improve logistics operations. Where do I sign?

Supply chain management 52

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

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. Visibility drives traffic and opportunities. You can also encourage positive reviews and ratings.

Strategy 52

Strategy Real-time Visibility Buyers Quality 52

Procurement Tactics

AUGUST 11, 2022

Or receive our famous weekly newsletter. Inventory Holding Cost — The Ultimate Guide of 2022. Inventory holding costs are one of the fees that an organization or business incurs. In this article, we will discuss what inventory holding cost is. Ways to Reduce Inventory Carrying Costs. First Name. Download Free PDF.

Inventory 130

Inventory Real-time Visibility Negotiation Risk 130

Una

JUNE 29, 2023

An agile supply chain achieves this by implementing real-time demand sensing, collaborative forecasting, and cross-functional coordination. Responding to the Bat-signal, the Caped Crusader wastes no time in entering his Bat-Cave, donning his Bat-suit, Leaping into his Bat-mobile, and rushing off to clobber some bad guys.

Agile and Lean Supply Chain 52

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

Planergy

AUGUST 21, 2023

Though a decrease in accounts payable has a positive impact on your financial statements, it reduces the total amount of cash available, with the decrease representing the total amount of cash transactions that have been paid over a specific period of time. How Can You Manage Accounts Payable to Improve Cash Flow? Here’s how.

Real-time Visibility 52

Real-time Visibility Purchasing supply chain software solutions Spend management 52

Spend Matters

MARCH 11, 2024

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time. with a new CFO, or new budget.

Procurement strategies 89

Procurement strategies Innovation Strategy Procurement 89

Una

APRIL 11, 2023

They also typically provide analytics and reporting tools that allow managers to monitor performance and make data-driven decisions in real time. Better data management: With all the data stored in a centralized system, an ERP can provide better visibility into key business metrics and performance indicators.

supply chain software solutions 98

supply chain software solutions Real-time Visibility Supply Chain Efficiency Raw materials 98

Una

SEPTEMBER 11, 2023

Step 2: Cost Analysis This is Una’s time to shine and where we can show real value. Concern #6: Loss of transparency Rebuttal: “Una ensures members have full visibility into contractual agreements, pricing structures, and financial arrangements between the GPO and suppliers.

Real-time Visibility 52

Real-time Visibility Purchasing Suppliers Supplier relationship management 52

Procurement Software

APRIL 18, 2023

These negotiations take place in real time, with all prospective suppliers at once. This saves buyers not only money, but hours of conversation time. Live, and within an allotted time period, suppliers lower their prices against the nearest competitor in order to win your business.

Bidding 52

Bidding Supply Chain Efficiency Real-time Visibility Negotiation 52

Planergy

JULY 27, 2023

How to gain visibility and control of your indirect spend. Timeliness Expenses must be reported in a timely manner. This could involve tracking metrics such as expense report turnaround time, the accuracy of submissions, and the amount of reimbursement. Based on this feedback, the process can be refined and improved over time.

Real-time Visibility 52

Real-time Visibility Purchasing Management Budget 52

Planergy

MAY 25, 2023

The budgeting in QuickBooks Online can be beneficial from a reporting perspective but it will not restrict and control expenditure during the purchasing process and give you real-time budget vs expenditure data at the point of approving a purchase like Planergy, a dedicated spend management software that integrates with QuickBooks Online.

Spend management 52

Spend management Management Purchase orders Budget 52

Planergy

JANUARY 19, 2024

How to gain visibility and control of your indirect spend. Taking your time throughout the process ensures you get the best possible match. This should include specifics about delivery times, quality standards, and response times for issues or queries. Vendor analysis is crucial for risk management.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

Planergy

MARCH 2, 2023

How to gain visibility and control of your indirect spend. Tail spend analysis helps companies identify areas of spend that are falling through the cracks and gain visibility into their overall spending. Managing tail spend is a worthy investment of time and resources. However, it is also very time-consuming.

supply chain budgeting 52

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

Planergy

SEPTEMBER 6, 2023

How to gain visibility and control of your indirect spend. While zero-based budgeting can lead to more effective resource allocation, it can be time-consuming and challenging to implement, as it requires a comprehensive review of all expenses during each budgeting cycle.

Budget 52

Budget Real-time Visibility Innovation Data 52