article thumbnail

Get Ready for Success! 4 Critical Workstreams for Successful Procurement Implementation

ivalua

We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1. Ivalua Spend Management Insights [ivory-search] Get Ready for Success!

article thumbnail

Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

GlobalTranz

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. What about measuring working capital in the Supply Chain?

article thumbnail

10 Tips Shippers Can Use to Reduce Costs in LTL Procurement with Better Request for Pricing Bidding

GlobalTranz

, at Cerasis, we know a thing or two about the nuances of LTL procurement. LTL procurement is something we do very well. So we thought we would impart upon all the shippers out there some tips on how to reduce overall costs for effective LTL Procurement. 10 LTL Procurement Cost Cutting Tips.

article thumbnail

Supply Chain Planning Software Vendor Selection: What they Won’t Tell You

Logility

Apart from the supply chain, operations, procurement and IT teams, also consider sales operations, finance and more. Don’t be surprised if your whiteboarding session concludes with a hundred or more metrics and KPIs.

article thumbnail

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Within Manufacturing Insights, Stephanie conducts supply chain, sustainability, and Industry 4.0

article thumbnail

11 supply chain management best practices

Taulia

Accordingly, by increasing supply chain efficiency, businesses can improve their ability to meet customer expectations, build resilience against supply chain risks, and enhance their working capital position. Which supply chain KPIs businesses choose will depend on their supply chain objectives.