Una

APRIL 23, 2024

Why Do We Need Supply Chain Visibility? Tips for Building an Effective Procurement Data Strategy Robots in Procurement Supplier selection & risk management Think of machine learning as your trusted advisor when it comes to choosing and monitoring suppliers.

Supply chain management 52

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

ivalua

JUNE 1, 2022

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis.

Supply chain resilience 130

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

ivalua

JUNE 16, 2021

In fact, a survey conducted by the Economist Intelligence Unit (EIU) found that 96% of respondents from the Middle East region were reconfiguring their supply chains in October 2020 — much higher than the global average of 83%. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5

Eprocurement 130

Eprocurement Supply Chain Optimization Agile and Lean Supply Chain Procurement team 130

ivalua

MARCH 16, 2021

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis.

Supply chain resilience 130

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

ivalua

JULY 22, 2015

This week’s signs deal with supplier relationships. You Have Imbedded a Cost Management Mindset into Every Supplier Relationship. Instead, today’s sourcing pros must facilitate cost improvements through a more sophisticated and complete understanding of cost management strategies involving: Materials. alternatives.

Strategic sourcing 147

Strategic sourcing Strategic sourcing Sourcing Supplier consolidation 147

Arkestro

DECEMBER 12, 2022

Limited Supplier Network. Relying on a limited number of suppliers can lead to back-orders and other delays. Constrained supply chains and the associated shortages have resulted in mounting pressures for organizations to diversify their supplier bases. Supply Chain Visibility. Managing risk.

Real-time Visibility 52

Real-time Visibility Procurement e2e Raw materials 52

Skill Dynamics

OCTOBER 19, 2023

Sourcing managers play a vital role in a business’s procurement process by identifying, evaluating, and selecting suppliers. Sourcing managers have other remits, too, such as needing the ability to assess current market trends – together with a comprehensive understanding of supply and demand dynamics.

Supply Chain Optimization 52

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

NLPA (Next Level Purchasing Association)

JANUARY 17, 2023

Risk Management : Provisions must be made to manage the following types of risks: Supply Risk: The possibility of production line shutdown, failure to meet customer requirements, and/or other catastrophes due to the non-availability of certain goods or services at a particular time.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Spend management Cost of ownership 52

SCMDOJO

APRIL 29, 2024

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation. This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement.

Supply chain management 52

Supply chain management Supply chain management Agile and Lean Supply Chain Supply Chain Optimization 52

Supply Chain Game Changer

OCTOBER 28, 2021

According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases. And, only 15% had visibility into tier 2 or beyond.

supply chain budgeting 89

supply chain budgeting Procurement Supply Chain Efficiency e2e 89

Supply Chain Game Changer

AUGUST 3, 2021

The Digital Supply Chain involves the end to end electronic connectivity of every part of any company not only inside but on the outside as well with all tiers of suppliers and customers. No other function but Supply Chain understands, can envision, can implement, and can manage the Digital Supply Chain.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. Why ensure transparency and supplier engagement in the supply chain?

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

SupplyShift

APRIL 20, 2018

When it comes to supply chain data collection and for achieving responsible sourcing goals, most companies start with an Excel-based assessment that is sent out via email to a few key, strategic suppliers. Why ensure transparency and supplier engagement in the supply chain?

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Suppliers 40

Supply Chain Game Changer

NOVEMBER 27, 2019

A manager should be able to tell when an inefficiency arises and needs to deal with it accordingly. A big part of your supply chain process is to increase transparency. End-to-end supply chain visibility makes it much simpler to absorb and collect information. Locate was the issue is an clean up the mess.

Supply chain management 74

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 74

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. Instead of forcing suppliers to seek a means of getting in touch with the company employees, they may use a self-service portal. Benefits of Procurement Automation.

Supply Chain Efficiency 19

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

EazyStock

FEBRUARY 13, 2019

But these additional warehouses and storage facilities need to be cost optimized to really reap the reward of distributed inventory, which puts focus on accurate demand forecasting among other inventory management techniques. Digital twin is a technology many suppliers and manufacturers will need to consider in coming years.

Supply chain management 45

Supply chain management Supply chain management Supply Chain Efficiency Supply Chain Optimization 45

Supply Chain Opz

NOVEMBER 9, 2014

The list is presented in the order the responses were received in: 1) Andreas Wieland , Assistant Professor at Copenhagen Business School Successful supply chain management means that organizations are well-orchestrated in an end-to-end value network. delivery reliability”), but is that really “supply chain thinking”?

Agile and Lean Supply Chain 109

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

World of Procurement blog

APRIL 23, 2024

Challenges in Construction Procurement The complexity of construction projects often brings with it a set of challenges including: Supply Chain Complexity: The vast number of suppliers, logistics required, and the necessity for timing precision make the supply chain highly complex.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Challenges in Construction Procurement The complexity of construction projects often brings with it a set of challenges including: Supply Chain Complexity: The vast number of suppliers, logistics required, and the necessity for timing precision make the supply chain highly complex.

Supply Chain Efficiency 52

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

Procurement Software

MARCH 5, 2024

Their solution is made up of five modules: Payables Supplier management Analytics (spend, contract, and supplier intelligence) e-Sourcing Contract management Key Data: Founder / CEO: Vijay Caveripakkam Date Founded: 2019 Visit Raindrop profile in our Software Finder 4.

Real-time Visibility 52

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

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?

supply chain budgeting 221

supply chain budgeting Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 221