How to Change the IBAN on the Supplier Card with JetSRM?
A supplier IBAN change…Although it may seem like a simple update, in many organizations this process quickly becomes far more complex and risky than expected. Typically, the information first reaches the procurement team, is then forwarded to accounting, and finally entered into SAP. At this point, the process is often considered complete. In practice, however, […]
What Is AI-Driven Demand Forecasting?
Demand forecasting is a core planning process that directly influences production, procurement, and inventory decisions. Inaccurate demand forecasts can lead to excess stock, stock shortages, and planning misalignments. AI-driven demand forecasting helps reduce these uncertainties by evaluating not only historical data but also current process data and market conditions together. In this approach, historical sales […]
What Are the Advantages of an Order Management System?
Delays at any stage from order placement to delivery do not only result in time and cost losses for companies, but also negatively impact customer satisfaction. In today’s highly competitive business environment, efficient order management has become a strategic necessity. Order management refers to the planning, monitoring, and control of the entire process from order […]
What Is a Sustainable Supply Chain?
Today, business priorities are undergoing a fundamental transformation. A company’s success is no longer measured solely by financial statements; consumers, investors, and business partners increasingly focus on environmental and social responsibility performance. As new regulations indicate, sustainability is no longer an optional luxury it has become an expectation and a new standard of doing business. […]
Use Cases of Agentic AI in the Supply Chain
Artificial intelligence technologies have been used in procurement processes for quite some time. From demand forecasting to spend analysis, machine learning, natural language processing, and generative AI applications are widely adopted across various areas. However, most of these technologies are positioned as solutions that support a specific task or rely heavily on user input. More […]
What Is a Multi-Supplier Network?
For businesses, procurement is a strategic function that directly affects the continuity of operations. Delayed deliveries, supplier-related production or quality issues, disruptions in logistics processes, or financial and structural problems within a supplier’s own operations can all have a direct impact on business processes. When companies rely on a single source, such risks can have […]
How to Choose the Right Supplier Portal for SAP Users?
A supplier portal is a software solution that lets businesses centralize procurement, ordering, contract, and payment processes on a single digital platform by integrating directly with an ERP system such as SAP. Working with suppliers can often be time-consuming and demanding. Supplier portals, also known as procurement portals, are designed to eliminate the common problems […]
What is Zero Touch Supply Chain?
The widespread adoption of Industry 4.0, artificial intelligence, IoT, and integration technologies is driving a fundamental transformation in how businesses manage their supply chain processes. In the past, procurement and supply chain operations relied heavily on manual data entry, Excel spreadsheets, and time-consuming paperwork. Today, these traditional practices are rapidly being replaced by digital, automated, […]
What Is Touchless Supply Chain Management?
Industry 4.0, artificial intelligence, IoT technologies, and system integrations are fundamentally transforming how businesses manage their supply chain processes. In the past, manual data entry, Excel spreadsheets, and time-consuming paperwork dominated procurement operations. Today, these practices are gradually being replaced by digital workflows. With the rise of artificial intelligence, a new concept is gaining momentum […]
How to Choose the Right Procurement Management Software
While digital transformation is advancing across many areas today, some businesses still manage their procurement processes using manual methods such as paper forms and emails. Continuing to manage processes manually often leads to operational delays, financial losses, and communication problems. Therefore, transitioning to digital systems has become a necessity rather than a choice for companies […]