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

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. Consulting firms like ours leverage cutting-edge tools and analytics to gain deep insights into market trends, supplier performance, and cost structures.

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sustainability Sourcing 52

SCMDOJO

AUGUST 16, 2023

The company has implemented sophisticated barcode scanning and point-of-sale systems to collect real-time data from its stores. By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels.

Supply Chain Efficiency 74

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 74

IBM Supply Chain Blog

JUNE 30, 2023

For the energy and utilities industry (E&U), time is not on their side. Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. However, maintenance inventory optimization is only part of the solution.

e2e 67

e2e Supply Chain Visibility Real-time Visibility supply chain budgeting 67

IBM Supply Chain Blog

NOVEMBER 3, 2022

If you haven’t been thinking about these questions, the time to start is now. Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. But the supply chain doesn’t end when the product hits the market, and neither does supply chain sustainability.

Supply Chain Efficiency 120

Supply Chain Efficiency Sustainability Agile and Lean Supply Chain Supply Chain Optimization 120

ivalua

FEBRUARY 10, 2023

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Let’s explore further.

Price 264

Price Strategy Sourcing Real-time Visibility 264

SupplyShift

MARCH 27, 2023

STANDARD ASSESSMENT Supplier ESG Assessment A social, environmental and business ethics performance assessment for your suppliers. Raise awareness, understand supplier risks, and continually improve conditions in your supply chain. Simply load your suppliers and start assessing.

Suppliers 52

Suppliers Real-time Visibility Ethics Supply chain 52

NLPA (Next Level Purchasing Association)

MAY 8, 2023

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. Whether it’s due to natural disasters, supplier bankruptcy, or transportation delays, disruptions can cause significant challenges for businesses.

Supply Chain Visibility 52

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

Finale Inventory

APRIL 18, 2024

There’s a lot involved in sustaining continuous sales on Amazon beyond just having products listed on the world’s largest marketplace. To set your Amazon business up for success, one of the main areas to focus on is inventory: the flow, the costs, the timing of it all.

Inventory 52

Inventory Real-time Visibility Strategy Demand 52

IBM Supply Chain Blog

MARCH 16, 2023

Today’s shopper is eminently conscious and willing to pay a premium for sustainable, conscious fashion that helps make a positive contribution to the environment and promotes fair labor practices. This signals a huge opportunity for fashion brands to deliver clothes, shoes and accessories that are made sustainably.

Supply Chain Efficiency 57

Supply Chain Efficiency Sustainability Raw materials Real-time Visibility 57

Supply Chain Game Changer

JULY 14, 2021

Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Sustainability is fundamentally centered around the act of conservation. Subscribe to Supply Chain Game Changer. Procurement is Committed.

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

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. It also requires close collaboration and coordination among all the stakeholders in the supply chain, including suppliers, manufacturers, distributors, and retailers.

Logistics 207

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

SCMDOJO

APRIL 29, 2024

By streamlining processes, reducing costs, and improving customer satisfaction, companies can achieve higher profitability and sustainability. Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It includes activities such as order processing, packaging, and delivery.

Supply chain management 66

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 66

ivalua

JUNE 29, 2022

In recent years, sustainability has increasingly become a top priority for many organizations. With this in mind, our research found far too few European suppliers are being regularly assessed on sustainability practices, with less than a quarter (24%) seeing themselves routinely measured on carbon emissions.

Strategy 130

Strategy Supply Chain Efficiency Sustainability Real-time Visibility 130

IBM Supply Chain Blog

FEBRUARY 19, 2024

Supply chain disruptions are caused by a variety of factors, from pandemics, natural disasters and political instability to supplier bankruptcy and IT failures. They need strong SCM practices to help work out the logistics of transporting goods across long distances and through multiple countries without creating longer lead times or delays.

supply chain software solutions 90

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 90

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. Effective procurement strategies require a deep understanding of market trends, supplier landscapes, and the latest technologies.

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. Effective procurement strategies require a deep understanding of market trends, supplier landscapes, and the latest technologies.

Procurement 52

Procurement Inventory control supply chain budgeting Real-time Visibility 52

IBM Supply Chain Blog

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service.

Strategic sourcing 89

Strategic sourcing Strategic sourcing Supply Chain Efficiency Supply Chain Optimization 89

EazyStock

AUGUST 28, 2023

Like many businesses, they were grappling with manual inventory processes, which they knew weren’t sustainable. The game-changer: Intelligent inventory solutions Enter the game-changer – cutting-edge data-led inventory management system, EazyStock.

Real-time Visibility 52

Real-time Visibility Inventory Data Management 52

IBM Supply Chain Blog

NOVEMBER 8, 2023

For the first time, the rule establishes additional recordkeeping requirements for any US-based entity that manufactures, processes, packs or holds foods on the Food Traceability List. With greater tracking and traceability, for example, comes real-time demand insight.

Supply Chain Efficiency 118

Supply Chain Efficiency Real-time Visibility supply chain budgeting e2e 118

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

ivalua

MAY 30, 2022

Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . Digital supply chains use one integrated network for all relevant supply chain partners, including procurement, suppliers, service providers, and even customers.

Supply Chain Efficiency 130

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

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 ). Supplier Master Files have changed, he said. So cleansing of SMFs is vital, even though it takes time.

Procurement strategies 94

Procurement strategies Innovation Strategy Procurement 94

ivalua

APRIL 27, 2023

CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time? Geopolitical manipulation on suppliers worldwide adds to the pressure. To do so, we need to get creative and curious.”

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Sustainability 130

SupplyShift

JUNE 24, 2021

Organizations big and small rely heavily on hundreds—if not thousands—of different suppliers around the globe. In this type of supply chain ecosystem, companies must understand sustainability performance of not only their tier-one suppliers, but also their second, third, and fourth tier suppliers and beyond.

Suppliers 52

Suppliers Real-time Visibility Supply Chain Efficiency Sustainability 52

SupplyShift

JUNE 24, 2021

Organizations big and small rely heavily on hundreds—if not thousands—of different suppliers around the globe. In this type of supply chain ecosystem, companies must understand sustainability performance of not only their tier-one suppliers, but also their second, third, and fourth tier suppliers and beyond.

Suppliers 52

Suppliers Real-time Visibility Supply Chain Efficiency Sustainability 52

SupplyShift

JUNE 5, 2023

STANDARD ASSESSMENT Facility Mapping Assessment Quickly map your supply chain, incorporate any information requests at any tier, and drive supplier responsibility progress. Load your suppliers, deploy your assessment, and map the chain. The Facility Mapping Assessment allows you to map your supply chain through a cascading request.

Real-time Visibility 52

Real-time Visibility Supply Chain Efficiency Supply chain Suppliers 52

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

NLPA (Next Level Purchasing Association)

APRIL 24, 2024

A report by the Dubai Chamber of Commerce and Industry states that digitizing procurement processes can reduce processing times by up to 60%. Simplified Auditing : Auditing procurement activities can be tedious and time-consuming. Cashless procurement systems automate these tasks, streamlining the entire workflow.

Supply Chain Efficiency 52

Supply Chain Efficiency Real-time Visibility Procurement Supply Chain Optimization 52

Planergy

JULY 5, 2022

How to gain visibility and control of your indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. Ethical Sustainability & Responsibility Procurement. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Download Free Copy. Written by.

Sustainability 52

Sustainability Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

SCMDOJO

JUNE 6, 2023

Data analytics plays a central role in inventory optimization. It provides real-time visibility into stock levels, lead times, and demand patterns. Businesses can make precise forecast demand, identify obsolete inventory, and can use data analytics to make smart decisions about stock allocation and replenishment.

Supply Chain Optimization 72

Supply Chain Optimization supply chain budgeting Supply Chain Efficiency supply chain software solutions 72

ivalua

JANUARY 13, 2021

– Spend control through real-time visibility into budget consumption, negotiated prices, preferred suppliers, engagement channels. – Process efficiency with reduced cycle times and considerably decreased errors or fraud opportunities. Rules and workflow engines automate this part for you.

Eprocurement 235

Eprocurement Real-time Visibility Purchase orders Budget 235

Procurement Software

APRIL 23, 2024

Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. Their platform is particularly noted for its capabilities in spend data classification, risk and opportunity identification, and supplier data enrichment.

supply chain software solutions 52

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

World of Procurement blog

APRIL 23, 2024

Supplier Management Systems: Assists in tracking and evaluating supplier performance, ensuring compliance and fostering better relationships. Examples include IBM Emptoris and Oracle Supplier Management. Supplier Management: Enhanced tools help manage supplier data, track performance, and assess risks efficiently.

Procurement 52

Procurement Supply Chain Efficiency Real-time Visibility Purchase orders 52

Procurement Tactics

JUNE 8, 2023

Businesses use various methods of inventory management, each with its own advantages and disadvantages, depending on what they require. Inventory management is a way for companies to figure out what and how much they should order, and when to do it. Preventing stock-outs is another crucial aspect of inventory management.

Inventory 187

Inventory Management Real-time Visibility Inventory control 187

Arkestro

JULY 11, 2022

As part of Box’s continuous advocacy towards ESG and Supplier Diversity, previous visibility into their supplier diversity spending was limited. Supplier Diversity — Procurement’s Crucial Key Performance Indicator . More potential suppliers means a decrease in cost and better products. . Until now. .

Suppliers 52

Suppliers Real-time Visibility Procurement Supply Chain Efficiency 52

Empowering CPO

MAY 31, 2023

Introduction In today’s interconnected world of business, Supplier Relationship Management (SRM) stands as a pillar of success for organizations across the globe. It’s the concerted effort of strategically planning and managing all interactions with suppliers that supply any goods and/or services to an organization.

Supplier relationship management 52

Supplier relationship management Collaboration Suppliers Supply Chain Efficiency 52