Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. Well, the bigger picture is where the real focus shifts to total cost and value addition. Another aspect of what makes digital procurement stand out is that of mitigating risk and increasing spend visibility.

Procurement Solutions 58

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 58

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. ” Or, “If you need an answer, implement my solution.” The analyst mindset is to track software evolution by taxonomy where like solutions are grouped, named and tracked.

Supply Chain Design Software 294

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 294

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. Procurement’s Role Did Become More Important.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. Well, the bigger picture is where the real focus shifts to total cost and value addition. Another aspect of what makes digital procurement stand out is that of mitigating risk and increasing spend visibility.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 40

Enterra Insights

APRIL 25, 2019

Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. Those tools became possible with the creation of large datasets (aka big data) and the maturation of artificial intelligence (AI). ” Types of analytics. 2] They are: 1.

Predictive Analytics 124

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 124

Enterra Insights

FEBRUARY 21, 2019

There’s no denying the digital path to purchase is becoming more of a consumer highway than a path. A Forrester report predicts, “Fifty-eight percent of U.S. Every day more experts conclude cognitive technologies are fundamental paving stones on the digital path to purchase. Concluding thoughts.

Procurement Analytics 100

Procurement Analytics Procurement Solutions Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. around the globe?—?and

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Enterra Insights

DECEMBER 4, 2019

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. The solution? Artificial intelligence (AI).”[5] Footnotes. [1]

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

GlobalTranz

JANUARY 22, 2018

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 Tools Increase in Usefulness and Depth. Adoption of Analytics Will Increase. However, the risk is well worth it.

Manufacturing Procurement 199

Manufacturing Procurement Analytics Software Demand Planning Software Supply Chain Software 199

Enterra Insights

AUGUST 13, 2019

Long before there was anything labeled the digital path to purchase, legendary retailer Sam Walton stated, “There is only one boss. Today, people are no longer following a linear path from awareness to consideration to purchase. The customer. They are narrowing and broadening their consideration set in unique and unpredictable moments.

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. This is alarming.

Procurement Solutions 49

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 49

GlobalTranz

FEBRUARY 7, 2018

We expand upon the supply chain technology trends we spoke about in the first part of this blog series, but let’s take a look at 5 more supply chain tech trends that will shape 2018. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. This is alarming.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 40

Supply Chain Shaman

JUNE 28, 2021

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. In 2004, I worked with the client to help define specifications and shortlist potential solutions. The volatile meat market changes daily.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 236

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The right technology solutions allow supply chain operations to make data-driven decisions and provide a competitive advantage, particularly if an organization’s competitors are slow to adopt the latest technology advancements. We’ll discuss robotics solutions in more detail later in this guide. Advanced and predictive analytics.

Supply Chain Planning Software 298

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

Enterra Insights

APRIL 2, 2024

The checkout kiosks bleat and flash when you fail to set a purchase down in the right spot. Journalist Chris Gorrie reports, “Walmart’s heavy reliance on self-checkout has necessitated the deployment of workers as makeshift security personnel, actively monitoring customers for potential theft.”[2]

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

GlobalTranz

JANUARY 21, 2019

So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. According to Steve Banker via Forbes , Amazon’s purchase of Whole Foods positioned the company to corner the omnichannel area , and Amazon went a step further.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

EcoVadis

JANUARY 4, 2019

One of the great things about this time of year is to dig into analytics and see what topics were of particular interest over the past year to those who care about transparency in global supply chains. So, without further banter, below are the top five most popular blogs of 2018: How Effective Are the CSR Clauses in Your Contracts?

Procurement Analytics 56

Procurement Analytics Procurement Solutions Optimal Sourcing Purchasing Skills 56

Enterra Insights

FEBRUARY 8, 2019

Business executives are always looking for a competitive edge and many have turned to advanced analytics to find that advantage. In the digital age, they often gamble their company’s future on the decisions they make, which is why advanced analytics have become table stakes in business. Descriptive analytics.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Big Data Analytics Software Predictive Analytics 100

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 65

Procurement Analytics Optimal Sourcing Procurement Solutions Pricing Training 65

Locus

MAY 16, 2023

A Redseer report states that the last-mile delivery market will touch $6 – $7 billion by 2024. The same report says that e-commerce shipments will grow to over 5000 million by 2025 from 1364 million in 2018. This has pushed enterprises to find the proper logistics software to fulfill their last-mile delivery requirements.

Logistics Network Optimization Software 52

Logistics Network Optimization Software India Optimization Software Analytics Software 52

Enterra Insights

DECEMBER 20, 2018

Koesters reports a study by IDC found, “40% of digital transformation initiatives will be supported by cognitive computing and AI capabilities to provide critical, on-time insights for new operating and monetization models. ” Building software more quickly. ” Leveraging robotic process automation (RPA).

Analytics Software 113

Analytics Software Predictive Analytics Software Supply Chain Design Software Supply Chain Software 113

ivalua

NOVEMBER 10, 2020

Step 1: Use e Procurement Systems as a Potential Source of Revenue. Thinking of procurement as a new source of revenue is certainly counterintuitive, but it fits the bill of thinking differently. However, a smaller subset of these states have looked at e Procurement as a potential source of revenue.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 130

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

Enterra Insights

MAY 31, 2022

The winning companies are those that correctly identify the problem to solve — the performance metric to improve. The data model will put a spotlight on the missing data. They report, “We know from extensive research that decisions matter — a lot. He explains, “Too often companies think that more data is better.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

GlobalTranz

JANUARY 22, 2019

Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. Dropshipping refers to manufacturers sending products directly, but products are purchased through a third-party.

Logistics Network Optimization Software 182

Logistics Network Optimization Software Analytics Software Demand Planning Software Trends 182

GlobalTranz

SEPTEMBER 14, 2018

As 2018 progresses, Warehouse Managers need to understand the risk of not going omnichannel, why demand is increasing, and a few tips to meet such demands. percent of retail chains offer in-store returns of merchandise purchased online. Looking for E-Commerce Solutions for LTL, Parcel, & FT for Your Shopping Cart?

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

Claritum

MARCH 29, 2019

Claritum Article - Procurement Blog. Crazy World of Procurement. Assessing procurement automation solutions and service providers often includes comparison of features and functions, with weighting being given to those systems that have more features. 2 Crazy World of Procurement. Introduction. Further Reading.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Supply Chain Software Optimal Sourcing 40

ToolsGroup

OCTOBER 3, 2022

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 The risks surrounding the retail labor shortage aren’t new.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Shaman

DECEMBER 30, 2021

I find no agency or entity trying to find a holistic solution to global logistics. Prior to 2018, when an ocean carrier booked a shipment they had to provide a chassis. Chassis are not being returned: “street dwell time” is ten days up three-fold from 2018. The average purchase order changes 3-4X before shipment.

Supply Chain Design Software 440

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 440

Enterra Insights

JANUARY 6, 2022

Even in a fast-paced industry like retail, there are more proof-of-concepts than end-to-end business solutions offering cognitive capabilities.” ” Thanks to physical store lockdowns during the pandemic, implementing omnichannel strategies and cognitive technology solutions became imperatives. Predictive Analytics.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

Enterra Insights

JANUARY 25, 2024

This data ranges from your interests and purchases to your online behaviors, and it is collected by websites, apps, devices, services, and companies all around the globe. Privacy tools that allow people to change their cookie preferences and unsubscribe from email marketing can help keep customers in control of their data. Manageable.

Data 130

Data Modeling Software Supply Chain Design Software Analytics Software 130

Material Handling & Logistics

JANUARY 10, 2018

A look at the supply chain trends and technology that will come into play in 2018. While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. Kristi Montgomery, VP of innovation, Kenco.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96