ToolsGroup

FEBRUARY 7, 2022

The Retail Trends Shaping How We Shop in 2022. Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Resilinc

SEPTEMBER 6, 2022

Resilinc has published its 2022 Half Year report. For a taste of what’s included in the report, we’re highlighting some key year-on-year trends covered. Take a read and then be sure to download our 2022 Half Year Report – Gridlock for the full overview. Hot off the press! Geopolitical and cyber risks grew.

Procurement Analytics 62

Procurement Analytics Report Purchasing Skills Russia 62

Logistics Viewpoints

MAY 13, 2024

Leagh Turner, CEO of Coupa In December 2022, Thomas Bravo acquired the public company Coupa and took it private. This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. What an opportunity!”

Procurement Solutions 248

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 248

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Logistics Viewpoints

DECEMBER 1, 2022

Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Figure 1: U.S.

Predictive Analytics Software 228

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 228

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

MARCH 1, 2022

And Generation Z is maturing into adulthood and will shape trends with its interest in ethical sourcing, sustainability and local food.”[4] In 2020, 57% of American households purchased plant-based foods.” The flavors of 2022 will inevitably be influenced by the pandemic and the unpredictable world around us.

Beverage 173

Beverage Food Trends Manufacturing Procurement 173

Supply Chain Matters

JANUARY 24, 2023

The Supply Chain Matters blog highlights an initial report of 2022 holiday period and full year retail sales reported by the National Retail Federation. The National Retail Federation (NRF) has released its report on retail sales for both the November thru December 2022 holiday fulfillment period and for all of 2022.

Procurement Analytics 52

Procurement Analytics Report Price Reduction Forecasting 52

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 218

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 218

Supply Chain Game Changer

MARCH 9, 2022

Featuring Our 12 Best Procurement Articles! Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. This document is the first legal contract in the operational procurement process.

Optimal Sourcing 108

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 108

QAD

APRIL 5, 2022

QAD is excited to announce the general availability of QAD Adaptive ERP 2022, the latest version of QAD’s next generation ERP solution that includes the Adaptive User Experience (UX) and the QAD Enterprise Platform. QAD Adaptive ERP 2022 Highlights. Additional eSignature capabilities now apply to more supplier documents.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 98

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

JULY 6, 2022

That article stated that Target, Walmart, and others recently reported during earnings calls that they have too much inventory in certain item categories and that the cost of holding inventory is negatively impacting their profit margins. Conclusion: Whiplash not Bullwhip Effect.

Inventory Reduction 288

Inventory Reduction Inventory Retail Purchasing Skills 288

Logility

MARCH 17, 2022

Digital supply chain planning and management enables organizations to integrate disparate systems, easily manage supplier compliance and assessments, optimize production schedules, reduce all sorts of risks, and make the sourcing decisions that lead to a stronger supply chain and improved margins as well as profits. Key Takeaways.

Supply Chain Planning Software 153

Supply Chain Planning Software Optimal Sourcing Sourcing Strategies Optimization Software 153

Elementum

AUGUST 2, 2022

Welcome to Elementum’s Supply Chain Market Report. The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. For one salient example, at the beginning of 2022, the Euro was worth $1.13. For further reading, check out their full report. . Now, the Euro is at $1.02.

Sri Lanka 78

Sri Lanka Supply Chain Planning Software Supply Chain Software Procurement Analytics 78

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. I term this our data jail. The So What And Who Cares?

Optimal Sourcing 345

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 345

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

Precoro

DECEMBER 18, 2023

Medical institutions might not typically consider optimizing the healthcare procurement process a top priority. Yet procurement in healthcare influences the overall well-being of medical institutions and, ultimately, the quality of patient care. However, procurement in the healthcare industry has some unique aspects.

Procurement Solutions 59

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 59

Resilinc

JANUARY 31, 2023

Resilinc has announced the top five moving factors that shaped the markets in 2022 for the commodities tracked by Resilinc’s CommodityWatchAI. Resilinc’s customers use the service to plan purchasing strategies, identify cost arbitrage opportunities, leverage pricing negotiations, and gain competitive advantages.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

Resource Reduction 256

Resource Reduction Material Savings Supply Chain Planning Software Procurement Analytics 256

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Logistics Viewpoints

FEBRUARY 7, 2024

For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime. And more consumers are looking at sustainability as a key motivator for purchasing. Amazon, for example, has purchased over 100,000 Rivian electric vehicles for deliveries.

Waste Reduction 294

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 294

Supply Chain Matters

AUGUST 3, 2022

The July 2022 J.P. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. On the slightly positive side, the July report indicated that rates of input cost and output charge inflation have both eased to 17-month lows. reported for June. compared to the reported value of 53.0 slipping 2.3

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

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. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logility

JANUARY 4, 2022

Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability. 4, 2022 – Logility, Inc., Logility customers can leverage Planalytics weather-driven demand analytics to factor in the weather’s influence on top line revenue and product/category sales across specific time periods and locations.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

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

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. As a result, after four years of the initial go-live, the team blindly used planning models, distorting the plan. Bullwhip Effect at LKQ Europe Summer 2022 Testing So, why do we not measure it? Or planned orders to purchase orders?) Go to the source.

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

Supply Chain Shaman

DECEMBER 30, 2021

When the ball drops on Times Square to welcome in 2022, the employees at the Port of Long Beach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. Value networks do not interoperate and the business leader trying to track shipments must manually sync multiple data sources to get to answers.

Supply Chain Design Software 440

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

Synovos

JANUARY 24, 2024

By joining their network, RS Integrated Supply is able to connect with more than 500 procurement professionals, improving its supplier diversity. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. million customers.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

Supply Chain Matters

AUGUST 8, 2022

Supply Chain Matters highlights two additional indices of global and US supply chain volatility relative to July 2022 global supply chain activity levels. In a prior published Supply Chain Matters commentary, we provided highlights of the various July 2022 PMI indices across select global supply chain regions. reported for June, and 2.59

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

ivalua

APRIL 17, 2023

Ivalua Spend Management Insights [ivory-search] Source Wisely: Your Top 3 Public Procurement Software Essentials April 17, 2023 | | Public Sector by Jarrod McAdoo Today, state and local governments are tackling top priorities such as legacy modernization, cybersecurity, and cloud computing.

Manufacturing Procurement 130

Manufacturing Procurement Procurement Solutions Sourcing Strategies Analytics Software 130

Supply Chain Matters

JUNE 3, 2022

In this Supply Chain Matters commentary, we highlight quantitative data related to global and regional supply chain production activity levels in May 2022, as depicted by the reported PMI indices. Key reported findings point to output declines, lackluster new order inflows and international trade volume declines.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Supply Chain Planning Report 52

Supply Chain Matters

APRIL 6, 2022

The Supply Chain Matters blog highlights March and Q1-2022 global manufacturing and supply chain indices, with the data indicating added headwinds and challenges in the months to come. Source: JP Morgan and S&P Global, March 2022. Morgan Global Manufacturing PMI® report, a composite index produced by J.P.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Purchasing Skills Global 52

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. Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Cloud technology accelerates. Inventory forecasting.

Inventory Management Software 80

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