Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Logistics Viewpoints

OCTOBER 12, 2023

In a Sept 2022 Deloitte article, they maintain that “perishability is still relevant but now more of a pocketbook issue. Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.”

Supply Chain Design Software 262

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 262

Enterra Insights

JUNE 24, 2022

Barcode systems help businesses and organizations track products, prices, and stock levels for centralized management in a computer software system allowing for incredible increases in productivity and efficiency. The post National Barcode Day 2022 first appeared on Enterra Solutions. ”[3]. .” Footnotes. [1]

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

ToolsGroup

FEBRUARY 16, 2022

BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.

ToolsGroup 177

ToolsGroup Procurement Analytics Predictive Analytics Analytics Software 177

ivalua

AUGUST 1, 2022

Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. . or a contractual relationship.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Brand loyalty is no longer the driver for consumer purchasing decisions. HOW DID WE GET HERE?

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Game Changer

OCTOBER 1, 2022

A functional digital tachograph can measure significant metrics like speed, driving time, and driver’s activity. The increasing cost of fuel, car maintenance and purchasing of vehicles can drain a company’s resources. These tools require both the vehicle unit memory and the driver cards. Final Words.

Supply Chain Software 97

Supply Chain Software Logistics Network Optimization Software Procurement Solutions Tools 97

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Easily connect high-value tools that utilise new data capabilities, like ERP, inventory management for manufacturers, smart accounting software, CRM, etc. Cloud technology accelerates.

Inventory Management Software 80

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

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Unleashed

DECEMBER 6, 2021

For any wholesale business, software has become critical to survival. So what should you keep an eye out for when you’re shopping around for wholesaling software? Learn more: Handle your wholesale orders with confidence Why is dedicated software so crucial for a wholesale SME? That place in between? split shipments). ?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Unleashed

JANUARY 24, 2022

We also give you the 10 best practices to reduce your spend on MRO goods while maintaining a steady flow of the items you need – including the KPIs and software that will assist you. Techniques for 2022 What is MRO inventory? MRO inventory can account for a sizeable portion of a business’ total procurement spend.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Logility

JANUARY 4, 2022

4, 2022 – Logility, Inc., 4, 2022 – Logility, Inc., We are excited to help businesses better manage supply chains by operationalizing weather impact analytics within their Logility solutions,” said Scott Bernhardt, president, Planalytics. Logility is a wholly owned subsidiary of American Software, Inc. ATLANTA – Jan.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Overcome supply chain challenges – and maximize margins in the face of inflation – with retail planning software and demand forecasting tools. Material Handling & Logistics ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams.

Optimal Sourcing 68

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 68

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Game Changer

OCTOBER 11, 2022

More importantly, are you measuring the right metrics? Measuring wrong metrics might paint a great process in a bad light, leading to wrong conclusions. Communication of this kind will prevent any procurement delays. Metrics such as rework rates or defective products help you understand how well your operations are working.

Optimal Sourcing 81

Optimal Sourcing Modeling Supply Chain Optimization Supply Chain Planning Software 81

Enterra Insights

MAY 31, 2022

The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ” One of the first things Enterra Solutions ® does when we engage with a new client (or begin a new project), is to help them identify the data needed to achieve desired goals. They define the right goal to achieve.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Cognira

JULY 18, 2022

Promotion Management Solution — Transforming the Promotion Process. July 18, 2022. According to retailmenot, promotions trigger in-store and online purchases by 89-91%. Throughout this article, learn more about: Table of Contents. The Impact of a Promotion Management Solution. Promotions. Planning & Collaborating.

Vendor Strategies 52

Vendor Strategies Procurement Solutions Price Reduction Waste Reduction 52

EC Sourcing Group

SEPTEMBER 6, 2022

A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution. Read on to learn more about how the best eSourcing software can support green supply chain management, and the benefits of opting for green supply chains. .

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Investments in Transportation solutions is imperative.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 73

ModusLink Corporation

MARCH 29, 2022

In e-Commerce, customer data is usually stored within big databases that accurately store all data of previous purchases. The innovative and advanced CRM software that is currently out in the market has shown to be of immense benefit to many E-Commerce businesses as a result. Geraadpleegd op 16 januari 2022, van [link].

Optimization Software 78

Optimization Software Logistics Network Optimization Software Procurement Analytics Procurement Solutions 78

Cognira

JULY 31, 2024

In this blog, we will examine the tasks and missions associated with the merchant’s role, taking a look at the challenges they face when opting for a manual and outdated promotion management strategy, and the ultimate solution to all these challenges. The lack of robust tools to support vendor negotiations.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Vendor Strategies 52

Arena Solutions

OCTOBER 12, 2023

In 2022 alone, the global aerospace and defense market size has grown from $795.92 A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. Christine said, “I have used internal audits as the baseline to improve our overall business metrics. billion to $855.62

Quality 111

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 111

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

Network slicing allows cellular 5G networks to deliver dedicated virtual networks across a single physical infrastructure, reducing costs, segregating traffic and enabling delivery of quality of service metrics like latency, bandwidth and congestion management. Automation will continue to grow, both from a software and hardware perspective.

Supply Chain Software 130

Supply Chain Software Supply Chain Network Software Modeling Software Demand Planning Software 130

Logistics Viewpoints

FEBRUARY 3, 2022

Because switching from JIT to JIC is at best only a tool to address short-term problems and risk. JIT isn’t the main problem, and JIC isn’t a solution. For example, they reduced inventory planned for first quarter 2022 by $120M due to more accurate estimates of levels needed. A change to one link (e.g. on-time delivery).

Inventory Reduction 318

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 318

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Increase overall equipment effectiveness (OEE).

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Game Changer

AUGUST 23, 2022

Investopedia defines the Cash Conversion Cycle as “a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. The O2C cycle starts when a customer makes a purchase and runs through the company’s entire order processing system.”

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Inventory 52

o9 Solutions

JANUARY 25, 2023

This blog explores how policy developments such as the digital product passport (DPP) alongside supply chain software can play a role as enablers. CO2 footprint, water use) ( Global Battery Alliance, 2022 ; European Commission, 2019). What is the digital product passport (DPP)? These range from mineral extraction (e.g.,

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. If your DIO is trending downward, you’re doing something right.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA. Our Rating: 4.9/5

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Supply Chain Game Changer

SEPTEMBER 28, 2022

There are many ways to ensure conversion: Prompt the visitor to sign up for a newsletter Ask for contacts via a contact form Stimulate a purchase Getting a prospect’s email address in exchange for a piece of free, downloadable content. The simplest tool for auditing a website is Google Analytics. Analyze Competitors.

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Enterra Insights

APRIL 25, 2023

Pandey adds, “Pay attention while you shop so you don’t over-purchase, plan meals and freeze leftovers, and figure out if you can compost your scraps.” billion metric tons of food is wasted on farms each year — that’s nearly twice as much as in previous estimates.”[6] 6] Adele Peters, “ Oops!

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

Unleashed

DECEMBER 28, 2021

Techniques for 2022. Unintended inventory excess can also be an indication of deeper problems within the business, such as poor forecasting, low sales, over-purchasing of undesirable goods, and so on. You’re essentially relying on good forecasts and supplier relationships to meet customer purchases just in time, every time.

Inventory Reduction 86

Inventory Reduction Cost Reduction Strategies Waste Reduction Expense Reduction 86