Una

FEBRUARY 19, 2024

Why Do We Need Supply Chain Visibility? Supply chain visibility is a critical factor for organizations aiming to mitigate risks, optimize processes, and capitalize on opportunities. But why does achieving comprehensive visibility remain a pressing challenge for so many businesses? Why is visibility so important?

Supply Chain Visibility 52

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

Supply Chain Game Changer

SEPTEMBER 5, 2022

Supply Chain Visibility – An Overcomplicated Challenge! A recent Deloitte survey estimated only 15% of CPO’s have visibility beyond their tier one suppliers. I found this striking that there is so little multi-tier Supply Chain visibility. Visibility comes at a cost – one we’ve spoken about before: trust.

Supply Chain Visibility 95

Supply Chain Visibility Real-time Visibility Supply Chain Efficiency supply chain budgeting 95

Spend Matters

AUGUST 28, 2023

In this Spend Matters Vendor Analysis Update, we give an updated overview of Zivio, a solution that helps organizations (buying organizations and MSPs) manage sourcing for complex services categories, such as legal, marketing or facilities management. This content is for members only. Visit the site and log in/register to read.

e2e 85

e2e Sourcing Real-time Visibility Procurement team 85

ivalua

JUNE 29, 2021

Redwood City, CA, June 30, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its source-to-pay platform with a new payments solution to digitize and streamline global supplier payments. Enabling the complete source-to-pay process within the Ivalua Platform has always been a strategic objective.

Supply Chain Efficiency 130

Supply Chain Efficiency Suppliers Sourcing Real-time Visibility 130

Supply Chain Brain

JANUARY 31, 2022

Want to know how a global multibillion-dollar corporation increased their demand visibility by 60% with near real-time data harmonized from myriad sources?

Real-time Visibility 92

Real-time Visibility Data Strategy Demand 92

Empowering CPO

FEBRUARY 11, 2024

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. The Power of Data-Driven Decision-Making At the core of successful strategic sourcing lies the ability to make informed decisions based on robust data analysis.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

Supply Chain Game Changer

APRIL 7, 2020

In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important! The necessity for visibility started with store shelves being emptied of toilet paper , food, and various household items. Supply Chain visibility and the Digital Supply Chain has never been more important!

Supply Chain Visibility 88

Supply Chain Visibility e2e Real-time Visibility supply chain software solutions 88

ivalua

NOVEMBER 10, 2020

Innovating to Uncover New Sources of Revenue in the Public Sector. Step 1: Use eProcurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. 11 state central procurement offices have other sources of funding.

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Sourcing Eprocurement Real-time Visibility Contract 130

Arkestro

APRIL 25, 2023

Resources / Blog / Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Reducing Construction Costs & Improving Sourcing Efficiency with Predictive Procurement Construction companies face a host of challenges in the post-COVID era. from February 2020 to August 2022.

Supply Chain Efficiency 52

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

Procurement Insights

MARCH 18, 2024

“Supply chain visibility refers to the ability to track and monitor products, materials, and information as they move through the various stages of a supply chain, from the sourcing of raw materials to the delivery of the final product to the end consumer. Keep that in mind.

Supply Chain Efficiency 76

Supply Chain Efficiency e2e Supply chain Real-time Visibility 76

Zycus Cognitive Procurement

JANUARY 16, 2023

You must have found yourself struggling with limited visibility into preferred or contracted suppliers, contract utilization status, budgeting issues, and multiple requirements for sourcing low dollar items or services. It is usually time consuming, require multiple approvals and follow ups.

Sourcing 52

Sourcing Real-time Visibility Procurement Buyers 52

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. Even with the help of procurement tech, it takes time and resources to bring an unruly tail spend under control.

Real-time Visibility 98

Real-time Visibility Spend management Procurement team Purchasing 98

ivalua

DECEMBER 16, 2015

For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supply chain complexity. One area that manufacturers need to focus on is improving supply chain visibility. Visibility all the way up the supply chain. Visibility into supplier capacity.

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Supply Chain Visibility Real-time Visibility Supply chain Supplier capacity 124

Let's Talk Supply Chain

DECEMBER 4, 2023

Not having that visibility is a real challenge for organizations… getting the parts they need at the right time… and the ongoing labor issues.” 19.30] SDI’s advanced data analytics, and how they are driving actionable insights and visibility for customers, in order to de-risk supply chains and make big cost savings. “We

Supply Chain Optimization 52

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

EazyStock

AUGUST 28, 2023

It then automates those time-consuming and inaccurate manual inventory management processes. You’ll be able to calculate the optimal reorder points and set the right safety stock levels to meet any variance in demand and lead times. Say goodbye to overstocking and stockouts, as data guides your inventory levels.

Real-time Visibility 52

Real-time Visibility Inventory Data Management 52

SCMDOJO

APRIL 29, 2024

From sourcing raw materials, manufacturing, and storage, to transportation and distribution, SCM ensures efficiency and cost-effectiveness throughout the entire journey. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships.

Supply chain management 63

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 63

IBM Supply Chain Blog

MAY 1, 2024

Here are some ways generative AI is transforming supply chain management: Sustainability Generative AI helps to optimize companies’ supply chains for sustainability by identifying opportunities to reduce carbon emissions, minimize waste and promote ethical sourcing practices through scenario analysis and optimization algorithms.

Supply Chain Optimization 73

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Supply chain 73

ivalua

FEBRUARY 27, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which provide procurement with the tools needed to maximize the value they get from their supplier relationships, automate and streamline processes, and identify opportunities for cost savings.

Real-time Visibility 130

Real-time Visibility Procurement Agile and Lean Supply Chain supply chain budgeting 130

IBM Supply Chain Blog

FEBRUARY 19, 2024

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

supply chain software solutions 88

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 88

Procurement Tactics

JUNE 19, 2023

Artificial intelligence is being used to automate routine and time-consuming work in warehouses such as packing and sorting of goods which helps to improve efficiency, reduce errors and costs. It is also used to improve the accuracy of demand forecasting, inventory management , and transportation planning.

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

Spend Matters

JANUARY 30, 2023

Categories: Procurement Strategy & Planning , Supply Chain Visibility Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Portcast and its solution for cargo tracking. It is a data-first company that prides itself on near-instant updates and exceptional logistics visibility.

Real-time Visibility 78

Real-time Visibility Supply Chain Visibility Procurement strategies Logistics 78

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. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

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. This process not only influences the direct cost of production but also affects the overall efficiency of the project or organization.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

Procurement Heads

FEBRUARY 8, 2023

One of the common themes I’m hearing from large organisations is that they are finding a lack of visibility looking ahead for energy spend. Renewable energy sources: Investing in renewable energy sources such as solar or wind can help reduce dependence on traditional energy sources and lower costs over time.

Real-time Visibility 130

Real-time Visibility Price Negotiation Sourcing 130

IBM Supply Chain Blog

DECEMBER 8, 2023

Time and again, we see IT teams struggle to deal with seasonal spikes in demand and outages. It’s an outdated and impractical practice for modern eCommerce and ultimately makes you less competitive over time. The result is faster mean time to detect (MTTD) and mean time to resolve (MTTR).

e2e 120

e2e Real-time Visibility Management Data 120

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

SupplyShift

JUNE 5, 2023

Chart your path to supply chain transparency Despite innovations in supply chain technology, visibility still presents major challenges for businesses looking to achieve their sustainability goals. REAL-TIME INTELLIGENCE Supplier data populates your map in real-time to instantly provide sourcing insights.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Supply chain Suppliers 52

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

Supply Chain Game Changer

SEPTEMBER 19, 2022

This distributed model means that edge computing can reduce network latency by allowing actionable data from sources like sensors and other IoT devices to be analyzed much closer than would otherwise be possible with cloud-based systems. Real-Time Visibility and Responsiveness to Unstuck Supply Chains.

Supply Chain Efficiency 100

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

Zycus Cognitive Procurement

FEBRUARY 21, 2022

Source to Pay is a complex initiative that can make or break your bottom line, depending on how you approach it. Furthermore, it’s important to recognize how source-to-pay automation is within reach for nearly every organization today. How to start source-to-pay automation from where you are right now.

Sourcing 40

Sourcing Real-time Visibility Supply Chain Efficiency Suppliers 40

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

Jaggaer

FEBRUARY 14, 2019

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are two terms often used within the software industry to describe digital solutions that create efficiencies within procurement. Source-to-Pay includes all of what P2P has to offer, and expands capabilities to include the “sourcing” of products and services.

Purchasing 49

Purchasing Sourcing Real-time Visibility Budget 49

ivalua

MAY 30, 2022

The financial benefits include greater profitability, reduced costs, accelerated time-to-market, and faster time-to-delivery. . High levels of visibility reduce supply chain risk and address sustainability initiatives, such as tracking a product’s full line of custody.

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. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.

Agile and Lean Supply Chain 173

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

Una

NOVEMBER 28, 2022

Now, I know settling into a new role can take a little time, so I don’t want you to feel under any pressure to make any significant impact straight away. I wouldn’t expect any real results from you until you’ve spent a month or two reviewing our current supplier arrangements.” “Hmm Step 1: Gain visibility of spend data.

Real-time Visibility 95

Real-time Visibility Procurement Purchasing Contract 95

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. It’s about visibility, it’s about the experience.” You can increase your conversion by providing more options!”

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52