Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. What is procure-to-pay? a driverless car). a driverless car).

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Wonder no more. Or reduce carrying costs.

Inventory Management Software 85

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 85

SCMDOJO

SEPTEMBER 20, 2024

Does it ever come into your mind how companies efficiently convert inventories into sales? Regardless of the size, many businesses struggle with managing their inventories, storage, and logistics, which impacts their customer services and ultimately their businesses. What is the Stock turnover? What is the Stock Turnover Equation?

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Modeling Price Mitigation Strategies 52

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Adequate cross training is not occurring fast enough to fill the gap. Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Manufacturers can use forecasting to support inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Procurement Academy

JUNE 26, 2024

We equip individuals and organizations with the knowledge and expertise they need as a solution – both to optimize their supply chains and empower their businesses to thrive. There’s a real need for individuals who possess not only operational knowledge but also strategic thinking, problem-solving skills, and data analysis capabilities.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Buyer Training 52

RFgen

APRIL 12, 2024

Managing inventory costs is a constant struggle. Managing inventory costs is important because high inventory costs can erode the bottom line. On the other hand, optimized inventory levels can enhance it. On the other hand, optimized inventory levels can enhance it. Next is the cost of storing the inventory.

Inventory Reduction 81

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 81

Elementum

JULY 11, 2022

Supply chain managers use project management software for tasks such as tracking progress and allocating resources on a time-sensitive project. The key is to define your pain points and objectives so you can evaluate what the best project management software for manufacturing is for you.

Supply Chain Network Software 78

Supply Chain Network Software Optimization Software Procurement Solutions Demand Planning Software 78

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse.

Modeling 243

Modeling Analytics Software Supply Chain Design Software Optimization Software 243

Supply Chain Shaman

NOVEMBER 3, 2015

As an analyst in the battered supply chain software market for a decade, it is fun to watch you grow. Clients buy your software because you make it real. For those who are new to reading the Supply Chain Shaman blog, let me begin my analysis with a disclaimer. First let me start with congratulations for the LLamsoft team.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Network Design Software Supply Chain Software 0

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system? Let’s break them down.

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105

Supply Chain Shaman

APRIL 16, 2024

Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Replatforming Current Planning Solutions. Their messaging is generally to an IT audience, assuming that the current definition of the solution footprint (taxonomy) is sufficient.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

Unleashed

MARCH 8, 2023

Choosing the best inventory management software isn’t easy. This guide is designed to inform you which features are most important, the best time to invest in inventory software, and the costs you can expect to pay. Key considerations Manual management of inventory is time-consuming and prone to error.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Forecasting Software Demand Planning Software 52

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

SCMDOJO

JUNE 28, 2024

Gender diversity in supply chain teams fosters collaboration, enhances decision-making processes, and leads to more effective solutions that resonate with diverse stakeholders. Creativity and Innovation: Supply chain management involves finding creative solutions to complex challenges.

Negotiating Skills 62

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 62

GlobalTranz

SEPTEMBER 23, 2021

The forthcoming infrastructure bill may contain funds to help assist shipper needs, such as grants to increase the number of driver training facilities and kickbacks to carriers that implement added safety measures. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. are liable?network

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Eyvo

FEBRUARY 26, 2019

MACHINE LEARNING AND PROCUREMENT. Briefly explained, it is training machines to do things which humans can do but, better. In the same way, the concept of Predictive Analysis is widely talked about in ML. Predictive Analysis is a variety of statistical techniques which are used to estimate or predict future outcomes.

Procurement Solutions 61

Procurement Solutions Procurement Analytics Pricing Training Optimal Sourcing 61

SCMDOJO

MAY 30, 2024

From the warehouse manager overseeing inventory to the transportation coordinator organizing routes, each member of the logistics department plays a crucial role in getting products from point A to point B. This includes optimizing storage space, implementing proper inventory control systems, and ensuring the safety and security of goods.

Optimal Sourcing 73

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 73

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

RFgen

JUNE 16, 2023

And automated inventory management may hold the key. Intelligent software solutions can automate inventory management processes like order picking and fulfillment to remove human error and manual tasks. Since supply chain workflows operate end-to-end, inventory automation can affect all of those processes.

Inventory Management Software 79

Inventory Management Software Supply Chain Software Inventory Reduction Inventory Management 79

Eyvo

FEBRUARY 26, 2019

MACHINE LEARNING AND PROCUREMENT. Briefly explained, it is training machines to do things which humans can do but, better. In the same way, the concept of Predictive Analysis is widely talked about in ML. Predictive Analysis is a variety of statistical techniques which are used to estimate or predict future outcomes.

Procurement Solutions 49

Procurement Solutions Procurement Analytics Pricing Training Optimal Sourcing 49

RFgen

JUNE 22, 2023

Unlocking the synergy between consulting services, ERP systems, and inventory management is the key to creating a powerhouse of efficiency. Together, consulting and ERP complement each other to improve your inventory management system. Synergy with IM: Consultants bring outside perspective on how best to solve inventory challenges.

Inventory Management Software 77

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 77

Unleashed

APRIL 21, 2024

It’s the journey that order takes from the second they click ‘Buy’ to the moment all the goods are delivered to your customer’s doorstep. The first step in a standard order processing system is the verification of a customer order which often includes a check to confirm there is sufficient inventory available to fulfil the order.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Unleashed

MAY 10, 2022

In other words, it’s traditional B2B wholesale commerce, with one business wanting to buy a product in bulk from another, but the transaction takes place online. The purchasing business then on-sells the goods to its own customers at a profit. It is generally a far more emotions-led purchase.

Pricing Training 98

Pricing Training Inventory Management Software Purchasing Skills Purchasing Training 98

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients. Why your food inventory management system is going stale.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? Only 2% of companies are pushing forward in our Supply Chains to Admire analysis. Or planned orders to purchase orders?)

Supply and Demand 388

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 388

SCMDOJO

MAY 30, 2024

From the warehouse manager overseeing inventory to the transportation coordinator organizing routes, each member of the logistics department plays a crucial role in getting products from point A to point B. This includes optimizing storage space, implementing proper inventory control systems, and ensuring the safety and security of goods.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 52

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Taulia

JULY 7, 2022

Spend management is the practice of managing supplier relationships and purchasing across an organization to minimize cost and risk. Let’s look more closely at what procurement spend management is, the challenges companies may face in this area, and six steps organizations can take to boost the effectiveness of their approach.

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

Eyvo

FEBRUARY 26, 2019

MACHINE LEARNING AND PROCUREMENT. Briefly explained, it is training machines to do things which humans can do but, better. In the same way, the concept of Predictive Analysis is widely talked about in ML. Predictive Analysis is a variety of statistical techniques which are used to estimate or predict future outcomes.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Pricing Training Optimal Sourcing 40

EazyStock

JUNE 25, 2018

Inventory management. Automated inventory management is nothing new to huge, enterprise-sized companies. However, small- and mid-sized businesses have only recently been investing in this new automation for their inventory management – and many SMBs are still hesitant about investing in this new technology. The most surprising?

Inventory Management Software 66

Inventory Management Software Supply Chain Software Inventory Management Supply Chain Planning Software 66

Elementum

FEBRUARY 7, 2024

Gone are the days of tedious, manual processes; today, AI-powered solutions are streamlining operations, enabling businesses to focus their human resources on strategic initiatives rather than routine tasks. It supports vast data storage, high computational power for AI algorithms, and enables the integration of diverse BPA tools.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Do you want to be managing people?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Why does it matter to you? It is systemic.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150