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Retail Recovery: 4 Ways Procurement Can Unlock Savings and Add Value

ivalua

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

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These Top Manufacturing Technology Trends will Fuel a Focus on Customer Experience in 2018

GlobalTranz

billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. Artificial intelligence (AI) tools will reduce delays and simplify customer service across all changes in manufacturing throughout 2018.

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2018 Impact Factors of SCM Journals

SCM Research

Claviate Analytics have recently published their newest InCites Journal Citation Reports. It is great to see that the 2018 impact factors of all but one journals related to supply chain management have increased, which highlights the rapidly growing relevance of our discipline again. and Decision Sciences (1.960; +0.3).

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Seeing the Future with Predictive Analytics

Enterra Insights

Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. ” Types of analytics. Predictive analytics — the type of analytics to which Petro refers — are one of four types of analytics now available to enterprises.

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New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.

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What Exactly Is Procurement? And What is Purchasing?

Supply Chain Game Changer

For his entire career my Father worked in the field of Procurement. But the job titles that he had during his career alternatively included either the word Procurement or the word Purchasing. When I was young I thought I had a somewhat clearer understanding of what my Dad’s Purchasing job was. Procurement.

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Procure-to-Pay Process: End-to-End Guide

Precoro

According to a Paystream 2018 Procurement Insights report, 80% of organizations still use manual or semi-digital tools to manage their procure-to-pay cycle. Most organizations are using the procurement module integrated with their ERP or accounting software. What is Procure to Pay? Procure-to-Pay Definition.