Efficiency, Inventory Management and Risk Management

How generative AI will revolutionize supply chain

IBM Services

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. AI tools help users address queries and resolve alerts by using supply chain data, and natural language processing helps analysts access inventory, order and shipment data for decision-making.

Supply Chain Management

Supply Chain Management Inventory Management Risk Management Risk Management

Streamlining supply chain management: Strategies for the future

IBM Services

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

Supply Chain Management

Supply Chain Management Management Inventory Management Analytics

How To Use Activity Ratio Analysis To Understand Business Efficiency

Planergy Software

FEBRUARY 2, 2022

How To Use Activity Ratio Analysis To Understand Business Efficiency. Financial Ratios Governance Risk Management & Compliance (GRC). Activity Ratio Analysis & Why It’s Important Activity ratios, commonly known as efficiency ratios are designed to measure business efficiency. Written by. Mary Girsch-Bock.

Efficiency

Efficiency Sales Accounting Finance

Choosing Business Outsourcing Companies

Intugo

JANUARY 23, 2024

They understand your sector’s challenges, regulations, and best practices, ensuring more efficient and compliant service delivery. Risk Management: Assessing business outsourcing companies and their risk management strategies, contingency plans, and disaster recovery mechanisms is essential.

Outsourcing

Outsourcing Nearshoring Call Center Flexibility

Six EAM trends pushing the oil and gas industries forward

IBM Business Partners

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. It offers a holistic view, providing critical data about asset condition, location and efficiency.

Inventory Management

Inventory Management Risk Management Risk Management Regulations

Procurement Costs and How Businesses Can Reduce Them

Planergy Software

SEPTEMBER 10, 2021

Procurement is the act of buying raw materials, goods, and services for a business, as guided by formalized procedures, internal controls, and processes related to not just finance, but inventory management, supply chain management, and supplier relationship management as well. Improving inventory management.

Inventory Management

Inventory Management Supply Chain Management Data Entry Labor Costs

How To Avoid A Decrease In Cash Flow From An Increase In Operations

Planergy Software

JUNE 21, 2022

How better management in AP can give you better flexibility for cash flow management. Cash Flow Governance Risk Management & Compliance (GRC). To do this, you must focus on maximizing your net income and optimizing efficiency ratios. Cash Flow Governance Risk Management & Compliance (GRC).

Sales

Sales Finance Accounting Risk Management

11 Cost Reduction Strategies in Procurement

Obobo

MARCH 23, 2023

Centralize purchasing to drive efficiency, streamline purchasing procedures, and minimize silos. Consolidate Suppliers: Reducing the number of suppliers and consolidating orders can increase your bargaining power and create efficiencies, thereby saving costs. Here are some of the top strategies that can help: 1.

Reduced Costs

Reduced Costs Inventory Management Automation Sourcing

What is a Procurement Project Management Software? – Definition

Obobo

JANUARY 13, 2023

What is a Procurement Project Management Software? In today’s digital age, businesses are increasingly leveraging technology to drive efficiency and performance. This extends to the procurement process as well, where many companies are now opting for procurement project management software to streamline their processes.

Software

Software Management Out-Tasking Inventory Management

The Benefits of Localized Supply Chain

Planergy Software

JANUARY 20, 2022

To keep consumers happy, your procurement team should closely evaluate all third-party vendors for risks and supply chain vulnerabilities. Supply chain and risk management has forever changed as a result. Better resilience minimizes risk for the end makes it easier for companies to invest in growth and Innovation.

Supply Chain Management

Supply Chain Management Manufacturing Sourcing Retail

The Benefits of Localized Supply Chain

Planergy Software

JANUARY 14, 2022

To keep consumers happy, your procurement team should closely evaluate all third-party vendors for risks and supply chain vulnerabilities. Supply chain and risk management has forever changed as a result. Better resilience minimizes risk for the end makes it easier for companies to invest in growth and Innovation.

Supply Chain Management

Supply Chain Management Manufacturing Sourcing Retail

Business process management (BPM) examples

IBM Services

APRIL 4, 2024

Business Process Management (BPM) is a systematic approach to managing and streamlining business processes. BPM is intended to help improve the efficiency of existing processes, with the goal of increasing productivity and overall business performance. BPM is often confused with other seemingly similar initiatives.

Management

Management Automation Out-Tasking Inventory Management

Striking the Right Chords: Composable Platforms to Orchestrate Supply Chain Platformization in the Retail and CPG Industry | Blog

Everest Group

JULY 6, 2023

However, no multi-billion-dollar end-to-end supply chain platform company exists like Salesforce in customer relationship management (CRM), Workday in Human Resources (HR), ServiceNow in IT service management (ITSM), and Oracle and SAP in Enterprise Resource Planning (ERP).

Retail

Retail Supply Chain Management Inventory Management E-Commerce

CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

SEPTEMBER 24, 2021

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. Cash flow management is closely tied to inventory management , supplier management, and supplier relationship management.

Finance

Finance Collaborations Flexibility Robotics Process Automation

Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. Additionally, they may need to hire and train new employees to handle the increased scope of operations.

Manufacturing

Manufacturing E-Commerce Human Resources Marketing

Spend Management Strategy: How To Improve Your Strategic Spend Management Plan

Planergy Software

DECEMBER 16, 2021

” Spend management refers to the process organizations use to collect, collate, maintain, categorize, and review spend information to save money on procurement, increase efficiency, improve workflow and productivity, and monitor compliance. Spend management plays an important role in several parts of the procurement process.

Management

Management Inventory Management Supply Chain Management Finance

How To Create Savings With Better Spend Management In Procurement

Planergy Software

MARCH 25, 2022

Spend management refers to the process of collecting, maintaining, categorizing, and reviewing spend data in an effort to reduce procurement costs. It also aims to improve efficiency, monitor and control workflows, and maintain regulatory compliance.

Management

Management Strategic Sourcing Accounting Right-Sizing

Global Sourcing Brief

How generative AI will revolutionize supply chain

Streamlining supply chain management: Strategies for the future

Trending Sources

How To Use Activity Ratio Analysis To Understand Business Efficiency

Choosing Business Outsourcing Companies

Six EAM trends pushing the oil and gas industries forward

Procurement Costs and How Businesses Can Reduce Them

How To Avoid A Decrease In Cash Flow From An Increase In Operations

11 Cost Reduction Strategies in Procurement

What is a Procurement Project Management Software? – Definition

The Benefits of Localized Supply Chain

The Benefits of Localized Supply Chain

Business process management (BPM) examples

Striking the Right Chords: Composable Platforms to Orchestrate Supply Chain Platformization in the Retail and CPG Industry | Blog

CFO Challenges and Priorities in 2021 And Beyond

Horizontal vs. Vertical Integration: A Comprehensive Guide

Spend Management Strategy: How To Improve Your Strategic Spend Management Plan

How To Create Savings With Better Spend Management In Procurement

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