GlobalTranz

NOVEMBER 17, 2016

Supply chain leaders are enthralled with the idea of using big data, but they tend to fail to understand how to disseminate big data in their organization properly. Ask Traditional Questions, and Let Big Data Provide Answers. Transportation modes used in procurement and shipping. Demand forecasts.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Jaggaer

MARCH 30, 2020

“Big Data” is everywhere. The value of quality data has never been higher, and the power to process that data is more readily available than ever. To better understand the impact of big data analytics on procurement, we turned to industry veteran Walter Charles, CPO at Allergan, who sees big data as a major disruptor.

Big Data 99

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 99

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

Supply Chain Shaman

JUNE 6, 2013

They also are clear that the supply chain is defined outside-in based on the channel requirements and the underlying rhythms and cycles of fulfillment, manufacturing and procurement. As a result, they are championing the collection and use of channel data, and the building of outside-in processes based on customer consumption.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 283

Supply Chain Shaman

DECEMBER 6, 2013

The new vision will not come from sales talking to procurement buyers. Big data supply chains Market-Driven' Yet, we are asking the transactional buyers and sellers of goods and services to plot the path forward for value chains. I think that this is a mistake. The vision is too limited. Please let me know.

Supply Chain Design Software 296

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Modeling Software 296

GlobalTranz

SEPTEMBER 14, 2016

However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Cloud-based systems offer many benefits throughout the procurement supply chain, reports Procurious HQ. Use Big Data Analytics to Ensure Real-Time Management of the Entire Supply Chain.

Material Savings 120

Material Savings Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 120

Logistics Viewpoints

MARCH 28, 2022

It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. However, freight procurement is changing. Strategic Freight Procurement vs. the Spot Market. In logistics, we talk about strategic freight procurement and the spot market.

Logistics Network Optimization Software 54

Logistics Network Optimization Software Freight Security Predictive Analytics Software 54

Supply Chain Shaman

NOVEMBER 11, 2020

On September 30, the big data company Palantir went public in an initial 22B$ market valuation. I am frequently asked, “Can a big data data science company help to alleviate the current market pain in the supply chain?” Data science is only useful when companies are clear on the question to ask.

Supply Chain Design Software 322

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 322

Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM). With the continued challenges facing supply chains, that is no surprise.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 323

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

Supply Chain Shaman

JUNE 3, 2024

As an old gal attending multiple conferences (more than I would like at times), I have listened to speakers waft eloquently about the value of concepts like networks, big data, industry 4.0, The current taxonomy does not include a tactical planning tool for procurement (above MRP) which is an opportunity.)

Supply Chain Planning Software 356

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 356

Supply Chain Shaman

FEBRUARY 7, 2014

With the investment in transactional systems for order-to-cash and procure-to-plan, many have lost focus on planning. Modern procurement practices have lengthened payables by 30 days and made it almost impossible to have a true relationship. . The focus is on the enterprise not the value network. ERP Was to Be the Soluti on.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Network Software 292

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. S&OP becomes a Ferris Wheel of activity, creating a Deadpool of information. The reason? A focus on financial incentives versus the translation of demand.

Supply Chain Planning Software 390

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 390

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem. But I was skeptical.

Supply Chain Visibility 260

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 260

Supply Chain Shaman

SEPTEMBER 30, 2012

The ends of the supply chain–both in customer and procurement– are fragile. It believe that it will become part of the existing processes of order-to-cash and procure-to-pay. Big data supply chains Demand Supply Chain Jive Lithium social social enterprise networking socialcast supply chain supply chain insights yammer'

Supply Chain Design Software 288

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 288

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. The transactional nature of procurement and sales is a barrier to redesigning for higher value. “ I scratch my head. Own the entire supply chain.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Jaggaer

MARCH 18, 2020

“Big Data” is everywhere. The value of quality data has never been higher, and the power to process that data is more readily available than ever. To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

Supply Chain Shaman

JUNE 16, 2014

They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream. Big data supply chains Demand Market-Driven New technologies Risk management Sales and Operations Planning Supply Chain network design technologies Supply chain planning'

Supply Chain Design Software 288

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 288

Supply Chain Game Changer

JANUARY 21, 2021

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. At the same time, the global availability of information & data has grown at 4x the speed of global trade ( hbr.org 2019 ). Is Procurement drowning in data?

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning.

Supply Chain Design Software 271

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 271

Supply Chain Shaman

DECEMBER 12, 2024

Supply chain leaders were slow to adopt advances in Big Data Analytics. For example, I recently interviewed someone in procurement who is working on SCOPE 3 emissions and tariff readiness. Procurement was operating in isolation from supply chain. – Technology Evolution Outpaced Adoption.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

HICX Solutions

SEPTEMBER 9, 2021

His expertise is wide-ranging, from supply chain logistics, procurement analytics, and marketing through to innovation. Within this scope, Dave discussed with us trends in blockchain , big data, AI, drones, machine learning, and 3D printing. Make sure you pass it back into the business so that data is cleansed.

Analytics Software 94

Analytics Software Optimal Sourcing Analytics Procurement 94

Talking Logistics

DECEMBER 11, 2014

Big Data and Analytics for Oil and Gas Transportation. It’s the promise of Big Data, Business Intelligence, and Analytics. At an MIT conference last year, Tom Linton, Chief Procurement and Supply Chain Officer at Flextronics, presented his top 10 list of supply chain trends. Robinson Acquires Freightquote.

Predictive Analytics Software 259

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 259

Enterra Insights

DECEMBER 17, 2024

This ensures efficient, cost-effective procurement while maintaining supply chain integrity and quality standards.” .” Sourcing optimization. “Evaluation of supplier performance, reliability, and risk factors leads to more effective sourcing strategies.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

Enterra Insights

AUGUST 15, 2023

Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1] In doing so, it appears they are not so crazy. Improving Customer Experience. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Jaggaer

FEBRUARY 11, 2020

Even long-time escapes like sports have become playgrounds for IoT fitness devices and big data statistical analysis. The good and bad news is that autonomous procurement isn’t here yet. There are four main steps to autonomous procurement. There are four main steps to autonomous procurement.

Procurement Solutions 80

Procurement Solutions Optimal Sourcing Procurement Sourcing Strategies 80

All Things Supply Chain

JULY 8, 2024

Traditionally, purchasing and supply management (PSM) has strongly relied on data management, as procurement managers need to dispose of, clean, and update data of different natures to compare suppliers’ performance,…

Procurement Analytics 52

Procurement Analytics Big Data Supplier Management Data 52

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

Supply Chain Shaman

JANUARY 31, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Data Sharing and Procurement. Focus on Cost. Less Collaborative.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing 221

Demand Driven Technologies

JANUARY 26, 2024

We were recently approached to tender by a company looking for a forecasting and procurement solution. The tender included all the buzzwords of the moment: AI, big data, and a system that could process millions of planning actions per day (sic). When we talk to this company to understand their context, we quickly realize that.

Supply Chain Transformation 104

Supply Chain Transformation Supply Chain Planning Software Forecasting Supply Chain Planning 104

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Data diagnostics to ensure the inputs are accurate, KPI monitoring and alerts for intervention and root-cause analysis are essential components to guide the planners. .

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

Logistics Viewpoints

FEBRUARY 28, 2022

These “events” are turned into supplier scores, and if significant the score goes flagged in the Oracle procurement system. These include the development of new machine learning algorithms, “computing power, big data analytics, and acceptance by industry leaders.”.

Optimal Sourcing 348

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 348

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” ” Anna, this blog post is for you.

Supply and Demand 402

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 402

Supply Chain Shaman

MAY 26, 2023

In these conventional IT approaches, data is written and coded with fixed semantics into rows and columns. I term this our data jail. Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies.

Optimal Sourcing 356

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 356

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58