Spend Matters

OCTOBER 31, 2024

As little as 10 years ago, we heard stories of pretty much indifference to risk: “supply risk management was young,” we heard, and “we didn’t worry too much about risk; we spent a very small percentage of our time on it.” It’s often felt that it just adds more time to the procurement process. That statement couldn’t be less true today.

Risk management 117

Risk management Risk Import Real-time Visibility 117

SCMDOJO

FEBRUARY 15, 2025

Businesses must find effective ways to strengthen their networks and improve flexibility to maintain stability during uncertain times. One of the most effective strategies for building resilience is integrating project management into supply chain operations. Enhance visibility across the supply chain through structured reports.

Project management 84

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 84

Spend Matters

OCTOBER 31, 2024

Primarily, our customers are prioritising supply chain visibility, adopting proactive risk management strategies and staying compliant with evolving regulations. These advancements will enable businesses to gain visibility of vendor risks, manage them more effectively, and stay aligned with regulatory requirements.”

Risk management 116

Risk management Risk Management Real-time Visibility 116

SCMDOJO

APRIL 15, 2025

However, building such a supply chain requires smart strategies , the right partners, andmost importantlythe ability to adapt quickly when things go wrong. In this article, well explore proven strategies to safeguard your supply chain, minimize risks, and keep your business running smoothly, no matter what obstacles lie ahead.

Agile and Lean Supply Chain 70

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting supply chain software solutions 70

Spend Matters

APRIL 10, 2025

big data) in real time, spotting correlations and trends that would otherwise go unnoticed. These insights translate directly into smarter decision making, anticipating supply chain disruptions, refining sourcing strategies and ensuring procurement goals align with broader business objectives.

Supply Chain Efficiency 106

Supply Chain Efficiency Procurement Supply Chain Optimization Procurement team 106

SCMDOJO

JANUARY 29, 2025

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

Supply Chain Optimization 97

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 97

Spend Matters

MAY 6, 2025

Reducing the total cost of procurement through supplier negotiations and sourcing strategies. Why alignment matters Strategic alignment between finance and procurement unlocks better financial visibility, stronger risk control and operational efficiency. Reduce payment processing delays through automated procure-to-pay (P2P) workflows.

Supply Chain Optimization 82

Supply Chain Optimization Real-time Visibility Supply Chain Efficiency Procurement 82

Spend Matters

MAY 13, 2025

Its increasingly evident: GenAI is no longer a future concept; its already reshaping operations in real time. Traditional procurement teams continue to grapple with familiar, persistent challenges, such as manual data entry, siloed systems, outdated tools and limited visibility into spend categories or supplier performance.

Real-time Visibility 68

Real-time Visibility Procurement Procurement team Strategic sourcing 68

Spend Matters

MAY 13, 2025

Without an integrated process, organizations experience: Long invoice processing times, leading to unpredictable cash outflows. Inadequate cash flow visibility Finance teams often lack real-time insight into procurement expenditures, supplier contracts and upcoming financial obligations, making it difficult to forecast cash flow accurately.

Real-time Visibility 63

Real-time Visibility e2e Procurement Suppliers 63

Spend Matters

APRIL 15, 2025

In this article we will highlight some of the key changes AI has made to procurement strategies in the following industries: manufacturing and industrials, life sciences and healthcare, and the public sector. Thats where AI steps in, offering a proactive approach to predicting supplier lead times and optimizing demand forecasts for buyers.

Real-time Visibility 73

Real-time Visibility Procurement e2e Supply Chain Efficiency 73

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. In this blog post, we’ll discuss six key strategies to help public procurement teams optimize their workflows while maintaining regulatory compliance. .

Strategy 130

Strategy Real-time Visibility Procurement Procurement team 130

Spend Matters

APRIL 30, 2025

This orchestration is built upon numerous capabilities that help drive improved performance and value ranging from operating model reconfiguration, e.g., increased leveraging of hybrid delivery models, to far higher rates of digital enablement and more advanced and sophisticated talent development strategies. AI suggests actions.

Suppliers 82

Suppliers Management Real-time Visibility Agile and Lean Supply Chain 82

TYA Suite

MAY 13, 2025

Simple changes like consolidating suppliers, negotiating better contracts, and improving order planning can lead to real savings over time. If your current process feels reactive, disconnected, or overly manual, it might be time to rethink your approach. Bulk buying is another strategy. The result?

Strategy 40

Strategy Import Procurement Raw materials 40

Skill Dynamics

JANUARY 7, 2025

Global conflicts, macroeconomic shocks, and shifting global trade routes are all combining to provide real challenges to modern supply chains, and are driving the uncertainty that organizations feel. Agile planning involves making use of strategies such as dynamic forecasting to help anticipate impending change.

Supply chain resilience 90

Supply chain resilience Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency 90

Spend Matters

NOVEMBER 7, 2024

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. Core strengths Authentic, needs-driven foundation – “Built from the ground up to address real-world challenges, Halo Ai is designed to meet the complex needs of modern third-party risk management.

Supply Chain Efficiency 113

Supply Chain Efficiency Risk management Real-time Visibility Ethics 113

Procurement Tactics

JANUARY 23, 2023

Procurement success in 2023 with our Strategy Course Download Course Details →  Or receive our famous weekly newsletter What Are the Benefits of Having a Transport Management System? This will improve visibility and analytical capabilities, which will result in better decision-making.

Real-time Visibility 202

Real-time Visibility Management Supply Chain Efficiency supply chain budgeting 202

SCMDOJO

MAY 7, 2024

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e Supply Chain Optimization 98

Procurement Tactics

MAY 16, 2023

In a 4PL model, the external provider (also known as the lead logistics provider or LLP) manages and coordinates all aspects of the supply chain , including transportation, warehousing, inventory management, and distribution. However, the client remains responsible for planning and implementing the logistics strategy.

Logistics 211

Logistics supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 211

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Real-time Visibility e2e supply chain software solutions 98

Spend Matters

MARCH 24, 2025

These obstacles can lead to inefficiencies, lack of visibility and misaligned procurement strategies. Leveraging real-time synchronization with SAP ERP, BeNeering eliminates the need for redundant configurations and data duplication, ensuring procurement processes are efficient, transparent and accessible.

Procurement solutions 68

Procurement solutions Real-time Visibility Procurement Market analysis 68

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

Procurement Tactics

MAY 22, 2023

The goal of integrated logistics is to optimize the entire supply chain by minimizing costs, improving efficiency, and ensuring timely delivery of products to customers. Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. CERTIFICATE COURSES Related courses about this subject 1.

Logistics 207

Logistics supply chain software solutions supply chain budgeting Supply Chain Optimization 207

IBM Supply Chain Blog

FEBRUARY 28, 2024

This helps reduce errors to improve data quality and response times to questions, which improves customer and supplier satisfaction. In sourcing strategy, blockchain technology helps track orders, payments, accounts and more. How is sourcing strategy different than procurement strategy?

Sourcing 94

Sourcing Strategy Supply Chain Efficiency e2e 94

SCMDOJO

FEBRUARY 20, 2023

Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success. To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

Strategy 119

Strategy Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 119

ivalua

JUNE 29, 2022

In fact, most organisations report emissions from their supply chain are several times greater than from their direct emissions. Through working with immediate and sub-tier suppliers to routinely monitor critical areas for improving sustainability, organisations can ensure they drive real improvements in environmental practices.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

SCMDOJO

FEBRUARY 16, 2025

From rule-based systems to predictive analytics and the generative AI boom, businesses have leveraged these technologies to optimize operations, forecast trends, and create data-driven strategies. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight.

Supply Chain Efficiency 61

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 61

Jaggaer

FEBRUARY 5, 2025

A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance. Organizations leveraging digital solutions for S2P gain real-time insights into spending patterns, enabling smarter decision-making. Digital transformation further enhances these benefits by improving visibility and automation.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Real-time Visibility 52

Spend Matters

APRIL 16, 2025

All of the phases are peppered with real-world case studies from the people who have been in your shoes; so you dont have to step into the same holes theyve already avoided! The guide is an invaluable tool for anyone thinking about starting or actively undergoing a digitally-enabled procurement transformation.

Procurement 102

Procurement Real-time Visibility supply chain software solutions Supply Chain Efficiency 102

Jaggaer

OCTOBER 24, 2024

Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more. Collaboration brings visibility and agility for gaining market share.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

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.

Logistics 193

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

Procurement Express

DECEMBER 31, 2024

However, these strategies often only account for direct procurement or the purchases associated with the products a company sells. In this article, we’ll go over a few ways to improve the process: education, gaining spend visibility , categorizing spend by supplier or department, etc. The list goes on.

Spend management 40

Spend management Strategy Management Real-time Visibility 40

Supply Chain Game Changer

JANUARY 19, 2022

Strategies to improve your Supply Chain article and permission to publish here provided by Claire Glassman. The supply chain is a significant part of your overall business strategy and inventory management. In other words, it provides you with a real competitive advantage against some companies in your industry.

Supply Chain Efficiency 109

Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Strategy 109

Finale Inventory

NOVEMBER 18, 2024

Let’s explore five strategies to accelerate your payment collection process by 20%-80% 1 and improve your financial health. This technology streamlines the invoicing and collection, reducing manual errors and saving valuable time. Offer Early Payment Incentives Encouraging customers to pay early can speed up your cash flow.

Real-time Visibility 59

Real-time Visibility Inventory Buyers Order Fulfillment 59

SCMDOJO

APRIL 11, 2025

In this blog post, well explore the importance of robust supply chains, the key risks they face during economic downturns, and practical strategies. While no strategy can prevent every challenge, businesses can take proactive steps to minimize disruptions and avoid critical breakdowns. Why Recession-Proof Your Supply Chain Now?

Agile and Lean Supply Chain 58

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 58

Finale Inventory

JANUARY 27, 2025

Introduction A quickbooks barcode scanner transforms how small and medium-sized businesses handle their inventory management, bridging the gap between physical products and digital records. When integrated with QuickBooks, a barcode scanner for quickbooks eliminates manual data entry, reducing costly errors and saving valuable time.

Inventory 52

Inventory Real-time Visibility Management Inventory control 52