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

EazyStock

FEBRUARY 13, 2019

What are the primary supply chain management trends for 2019? Companies today have to consider the resilience of their supply chain and do their best to reduce risks. As supply chains are now globalized, with companies sourcing from and delivering to different companies, trade agreements need to be in place.

Supply chain management 45

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

SCMDOJO

JANUARY 30, 2023

Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Her work in supply chain management helped General Motors to become a successful and profitable company in the automotive industry, with a competitive advantage and high value.

Agile and Lean Supply Chain 118

Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting Supply chain 118

Let's Talk Supply Chain

OCTOBER 3, 2022

SEKO provides complete supply chain solutions, specializing in transportation, logistics, forwarding and warehousing. Powered by their innovative and customizable IT solutions, SEKO provide a seamless flow of information, giving their ever-growing customer base true supply chain visibility.

Demand 52

Demand Real-time Visibility Agile and Lean Supply Chain Supply Chain Visibility 52

ivalua

JUNE 1, 2022

From this discussion, we compiled a list of 8 critical supply chain management activities that to improve, build, and maintain supply chain resilience now and in the years to come. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply chain resilience 130

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

Procurement Tactics

AUGUST 23, 2022

The contract management process does not get enough attention as much as supply chain management and process automation. However, it is an essential factor for effective business process management. . An effective contract management process is connected to the overall performance and health of the organization.

Contract management 130

Contract management Contract supply chain software solutions Management 130

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Create speed and transparency.

Supply chain resilience 130

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

Supply Chain Game Changer

SEPTEMBER 17, 2020

The TMS further improves supply chain visibility by keeping everyone informed of freight status, including potential delays or other areas of concern, such as damage and more. Integrated e-commerce shopping cart systems are another critical component of modern, omnichannel supply chain management.

supply chain software solutions 105

supply chain software solutions Supply Chain Efficiency Supply chain e2e 105

Supply Chain Game Changer

SEPTEMBER 16, 2020

Women Supply Chain Leaders article and permission to publish here provided by Sam White at argentus.com. Women have made tremendous strides in the Supply Chain Management profession. Time was, Supply Chain Management was seen as an outgrowth of a blue collar profession.

Supply chain 54

Supply chain Leadership Supply Supply chain management 54

Supply Chain Game Changer

JULY 30, 2019

Yet without proper Freight Management most company operations would grind to a halt rather quickly. What is Logistics Management? ” Finally from investopedia.com we hear that “Logistics refer to the overall process of managing how resources are acquired, stored, and transported to their final destination.”

Logistics 72

Logistics Management Supply Chain Optimization Supply Chain Efficiency 72

Supply Chain Game Changer

OCTOBER 13, 2021

Businesses that source supplies and raw materials from overseas have had to endure long delays in shipments. Experts believe that future-proofing the supply chain against events like Covid-19 will involve switching to autonomous and digital solutions, such as warehouse robots and delivery drones.

Supply Chain Efficiency 64

Supply Chain Efficiency Supply chain Raw materials Supply 64

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply chain e2e 52

EazyStock

JANUARY 6, 2023

To make it easier, supply chain professionals must understand potential risks to mitigate their impact. As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. This can then be enhanced by adding AI-enabled software and devices.

supply chain software solutions 52

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

EazyStock

JANUARY 6, 2023

To make it easier, supply chain professionals must understand potential risks to mitigate their impact. As we step into the unknown of 2023, here are some key trends and issues affecting supply chain management to help you prepare your strategies. Supply chain issues.

supply chain software solutions 52

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

Supply Chain Game Changer

AUGUST 3, 2021

No other function but Supply Chain understands, can envision, can implement, and can manage the Digital Supply Chain. Supply Chain is a massive source of competitive advantage and differentiation. No other function has its fingers on the pulse of the operations of a company like Supply Chain.

Supply Chain Efficiency 119

Supply Chain Efficiency Supply chain e2e Real-time Visibility 119

SCMDOJO

JUNE 14, 2023

Here are some reasons why 3PL integration is essential: Cost savings: By integrating 3PL, businesses can reduce the costs associated with order fulfillment and supply chain management. It also helps Nike to improve its supply chain visibility and agility and reduce its environmental impact.

Supply Chain Efficiency 77

Supply Chain Efficiency Real-time Visibility Supply Chain Optimization Logistics 77

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. All of them are a result of a lack of visibility within the organization.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Supply Suppliers 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Supply chain visibility is also incredibly important these days. If you are managing, or hope to manage, a reasonably effective supply chain you need to know when goods are coming in to your company, moving through your company, and leaving your company. You must manage Freight and Logistics.

Strategy 68

Strategy Management Real-time Visibility e2e 68

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. All of them are a result of a lack of visibility within the organization.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Suppliers 40

SupplyShift

JUNE 17, 2021

Source: sasb.org SASB’s at-a-glance view of priority ESG issues is comprised of five sustainability dimensions: Environment, Leadership and Governance, Business Model and Innovation, Social Capital, and Human Capital. Begin baselining supplier performance according to their role in the supply chain. Ask for help.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Sustainability Supply 52

SupplyShift

JUNE 17, 2021

Source: sasb.org. Begin baselining supplier performance according to their role in the supply chain. Perform responsible sourcing audits on supply chain areas of deep concern. The post How to Set Corporate Goals for Supply Chain ESG appeared first on SupplyShift. Ask for help.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Sustainability Supply 52

ivalua

OCTOBER 18, 2022

In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supply chain visibility–and the changes that need to be made. By taking steps now to improve supply chain visibility, procurement teams can position their organizations for success in the years to come.

Supply Chain Efficiency 130

Supply Chain Efficiency Data Procurement Supply Chain Visibility 130

SupplyShift

APRIL 13, 2021

According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one. Fortunately, when companies prioritize supply chain visibility, the benefits extend far beyond sustainability itself.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

SupplyShift

APRIL 13, 2021

According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one. Fortunately, when companies prioritize supply chain visibility, the benefits extend far beyond sustainability itself.

Supply Chain Efficiency 52

Supply Chain Efficiency Sustainability Supply chain Procurement 52

Supply Chain Game Changer

NOVEMBER 22, 2018

It’s incredibly important to trust the data that informs your supply chain, or rather, to be certain that you have data you can trust. The best way to do this is to clearly define where your supply chain receives your data and make sure it’s the same source for everyone. Coordinate a Strong, Focused Team.

Supply chain 43

Supply chain Real-time Visibility Supply Quality 43

Supply Chain Opz

NOVEMBER 9, 2014

In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

Agile and Lean Supply Chain 109

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

Supply Chain Opz

JULY 7, 2014

Global supply chain is a very challenging subject in supply chain management because it involves different customer''s requirement, more complex operations/collaboration and unforeseen risks. Under this program, they source products directly from small or medium-sized farmers.

Supply chain 49

Supply chain Raw materials Supply Supply chain management 49

Supply Chain Game Changer

AUGUST 6, 2020

The mass adoption of digital emerging technologies influences the operations of companies’ logistics and supply chain management. Relevant data is collected from different sources, like – Enterprise Resource Planning (ERP) system, sensors, machine generated, social media and external web services.

Supply Chain Optimization 78

Supply Chain Optimization Supply Chain Efficiency supply chain budgeting supply chain software solutions 78

World of Procurement blog

APRIL 23, 2024

Equipment Procurement: Sourcing the right tools and machinery for construction tasks. Quality Control: Sourcing materials and labor that meet quality and safety standards creates an additional layer of due diligence. Cost Management: Keeping costs within budget while facing fluctuating material costs and unexpected expenses.

Supply Chain Efficiency 52

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

World of Procurement blog

APRIL 23, 2024

Equipment Procurement: Sourcing the right tools and machinery for construction tasks. Quality Control: Sourcing materials and labor that meet quality and safety standards creates an additional layer of due diligence. Cost Management: Keeping costs within budget while facing fluctuating material costs and unexpected expenses.

Supply Chain Efficiency 52

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

ivalua

FEBRUARY 25, 2021

ERP vs. Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What is the benefit of using a single source to pay solution? They both do the same thing, or do they?

supply chain budgeting 221

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

SupplyShift

JUNE 19, 2019

It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it?

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

SupplyShift

JUNE 19, 2019

It’s no surprise, then, that blockchain has created a buzz in the supply chain management industry. Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it? How Blockchain Works.

Sourcing 40

Sourcing Supply Chain Efficiency Supply Chain Optimization Supply chain 40

Supply Chain Brain

MAY 14, 2018

A plentitude of open-source communities is also available to offer assistance. Inexpensive devices such as the tiny computer Raspberry Pi can be deployed to achieve initial proof of concept. In addition, solutions exist for prospective users that lack the skills for the necessary coding, at least at the beginning of the IoT journey.

Strategy 40

Strategy e2e Agile and Lean Supply Chain supply chain software solutions 40

EazyStock

MARCH 17, 2021

The other effect that holidays have on the supply chain, however, lies at the other end: manufacturing. Especially for companies sourcing goods from China, Chinese (or Lunar) New Year marks a 2-week (and often longer) holiday for Chinese manufacturers. In this case, supply completely drops off as manufacturers are closed.

Supply Chain Optimization 78

Supply Chain Optimization supply chain software solutions Supply Chain Efficiency supply chain budgeting 78

Supply Chain Game Changer

OCTOBER 20, 2020

Supply Chain Should Lead the Boardroom … the Coronavirus Proves it! Supply Chain Visibility Has Never Been More Important! Supply Chain Visibility Has Never Been More Important! Strategic National Stockpiles and Sourcing for the National Interest!

Import 70

Import Supply Chain Visibility Supply chain Sourcing 70