Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics?

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. A Leading Marketing Expert with Vast Experience.

Optimal Sourcing 32

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 32

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[3] They go on to note, “A traditional ERP simply cannot keep pace with the rate of change and the need to innovate and optimize quickly, accurately, and cost-effectively. ”[5].

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

Enterra Insights

MAY 3, 2018

Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ” Once a consumer completes his or her digital path to purchase (i.e., ’ They simply just shop.”[1]

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Precoro

JULY 1, 2024

Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Group purchasing organizations can be the perfect way for these companies to increase cost savings. Learn how they work, their benefits and limitations, and how they fit in with procurement software.

Purchasing Skills 86

Purchasing Skills Procurement Solutions Procurement Analytics Negotiate Pricing 86

Talking Logistics

JULY 19, 2018

The real-time freight visibility space was particularly hot in 2017, with two major acquisitions announced last year, including Descartes’s acquisition of MacroPoint in August 2017. Not only are you reducing the cost of purchasing transportation, you’re also [making fewer phone calls and using less labor] to find the truck you need.”.

Real-time Visibility 102

Real-time Visibility Capacity Procurement Analytics Logistics Network Optimization Software 102

Supply Chain Shaman

NOVEMBER 27, 2016

The SAP acquisition of Ariba slowed innovation and the purchase, and then the failed promise of investment in Crossgate was disappointing to SAP supply chain business users. Traditional procurement functionality in SRM focused on improving transactional efficiency. Future of Analytics in the Building of Supply Chain 2030.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

Enterra Insights

AUGUST 14, 2019

. … Customer centricity is not just about offering great customer service, it means offering a great experience from the awareness stage, through the purchasing process and finally through the post-purchase process. Analytics can give companies deep insights into these aspects of their customers.”

Price Reduction 100

Price Reduction Inventory Reduction Optimal Sourcing Procurement Analytics 100

Supply Chain Game Changer

NOVEMBER 19, 2018

And the reality is that Supply Chain must be cost-effective. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Enterra Insights

NOVEMBER 5, 2018

By December, 2017 had seen 26 major retail bankruptcies (defined in this case as companies with more than $50 million in liabilities).”[1] shoppers still prefer to make most of their purchases in-store.” It comes down to how you manage your inventory, your channel attribution, how you think about in-store analytics.

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

Jaggaer

JULY 25, 2019

Procurement is central to the profitability of organizations in all industry sectors. Given the value that procurement delivers, you would think that the function is ripe for digital transformation. Our 2019 Digital Procurement Survey, Di gital Transformation in Procurement: How Close Are We? Why is this?

Procurement Analytics 45

Procurement Analytics Optimal Sourcing Procurement Solutions Procurement 45

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Procurement costs.

Inventory Reduction 104

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 104

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Enterra Insights

MAY 31, 2019

There are plenty of trade-offs in operating decisions such as cost versus service (for example, transportation costs versus same-day delivery), so these decisions should be as collaborative as possible to ensure that there is buy-in and that success is measured properly.” Invest in technology and analytics. Footnotes. [1]

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. That’s an increase from 17% in 2017.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Abstract Technologies such as Social networking, mobile, analytics and cloud computing have been shaking the IT industry for past several years. Analytics Analytics means scientific and systematic analysis of data.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? The North Star Metric (NSM). Subscribe Here! Email Address.

Procurement Analytics 86

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 86

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. Inventory Analytics. Cloud technology accelerates. Inventory forecasting.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

6 River Systems

FEBRUARY 3, 2020

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

NC State SCRC

DECEMBER 28, 2015

This creates a “double whammy” effect, in that digitization is driving up the need for analytics but to truly find collaborative solutions that rely on new technology solutions, companies will need to find ways to partner. Prediction 1 – Supply Chain Analytics Will Become More Predictive (Not Backward Looking).

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

Supply Chain Game Changer

NOVEMBER 14, 2018

Big Data and Analytics, and Digitalization are all phrases that are emblematic of revolutionary changes both today and in the future. There is no longer any need to send, change, and receive purchase orders on paper or by fax. All purchase order activity can be managed electronically. © Copyright Mortson Enterprises Inc, 2017.

Negotiating Skills 73

Negotiating Skills Purchasing Skills Supply Chain Skills Buyer Training 73

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. He cites data from the American Trucking Association that wages have risen between 15 and 18 percent from 2013-2017, and says this should mean that the shortage will be overblown. This one is a bit of a sacred cow in the world of Supply Chain analytics.

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Planning Software Purchasing Skills Supply Chain Software 49

Jaggaer

SEPTEMBER 23, 2019

A Gartner report published in September 2018, entitled “The Impact of Artificial Intelligence on Procurement Software Applications” set out the reasons why many procurement leaders are hesitant about investing in artificial intelligence (AI) solutions. This is up from 39% in 2017.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 40

Enterra Insights

MARCH 29, 2018

” Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies they use to make the shopping journey a seamless one. They do care about having a good experience. And in managing customers’ different information needs.”[3]

Omnichannel 100

Omnichannel Inventory Reduction Cost Reduction Strategies Manufacturing Procurement 100

Supply Chain Trend

DECEMBER 13, 2016

Currently as the Director of Supply Chain for Newell Brands Applied Materials, he oversees the SIOP process, production planning, procurement, warehousing, and logistics for servicing big box retailers including Walmart, Lowe’s, and The Home Depot. I have purchased the E-Book myself and truly enjoyed it. . Just keep moving forward.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 60

GlobalTranz

FEBRUARY 10, 2017

2017 will not be a bed of roses for third party logistics service providers, nor will the coming year be filled with thorns in the sides of major supply chain entities. By understanding how the industry will evolve throughout 2017, you can prepare your organization for the challenges and opportunities that will come.

Third Party Logistics 120

Third Party Logistics Logistics Network Optimization Software Procurement Analytics Purchasing Skills 120

Supply Chain Shaman

MARCH 7, 2017

As a conference attendee, the discussions of digital transformation for me stretches over the period of 1988-2017. At SAP Insider, the digital transformation message was never defined, but the use cases focused on Internet of Things delivered through a Leonardo architecture and the strategic advantage of S4/Hana for real-time analytics.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software SAP 180

Talking Logistics

DECEMBER 16, 2016

Other examples: The United States Postal Service (USPS) published a report in May titled Blockchain Technology: Possibilities for the U.S. Postal Service , with supply chain management as one of the focus areas; in October, as reported by Reuters, “IBM, U.S. What will happen in 2017? Will prices continue to increase in 2017?

Predictive Analytics Software 50

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 50