Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

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. Everyone seems interested in Blockchain technology in lieu of the crypto-currency craze. 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

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

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. In inventory management, KPIs matter because they offer information about turnover, sales, demand, costs and more. These types of metrics are Sales KPIs, Receiving KPIs and Operational KPIs.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Supply Chain View from the Field

OCTOBER 3, 2013

We recently had a senior data analytics professional from a large financial services organization speak in my MBA Supply Chain relationships class. In this case, it must be done for all suppliers and for every product and service line purchased over the history of the institution.

Procurement Analytics 60

Procurement Analytics Analytics Purchasing Skills Data 60

Supply Chain Shaman

OCTOBER 8, 2019

Most budgets are completed in currency at a brand level. The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 189

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 189

EMERGE App

JANUARY 1, 2020

Why You Need to Deal with Multiple Currencies. Perhaps it should be “Multi-Currency Makes The World Go Round” in today’s mobile web world. As a wholesaler and distributor, I’m willing to bet that you’re dealing with at least two currencies for your purchases and sales. Purchase Orders.

Currency 52

Currency Purchasing Skills Inventory Management Software Manufacturing Procurement 52

Talking Logistics

OCTOBER 6, 2016

Blending Traditional + Customer-focused Metrics. Leading retailers are starting to combine traditional delivery metrics (e.g., on-time, complete, miles per delivery, deliveries per route) with some form of consumer-focused metrics such as Net Promoter Score. postal code) or standard lead time (e.g.,

Price Reduction 164

Price Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 164

Kinaxis

NOVEMBER 5, 2018

Navigating the latest tariffs, and the resulting ripple effects on currencies along with fluctuations in labor costs make it increasingly difficult for companies managing complex multinational supply chains to make effective sourcing, purchasing and production decisions fast enough to stay competitive.

Research 147

Research Supply Chain Software Supply Chain Planning Software Purchasing Skills 147

GlobalTranz

OCTOBER 12, 2018

In addition, retailers around the globe struggle to stay competitive with the e-commerce behemoth, Amazon, reports Huemor. The opportunities for growth and success of never been higher, and some of the top trends, reports TruckingInfo.com , include: Digitization and Automation Get a Bigger Piece of the Logistics Pie.

Logistics Network Optimization Software 186

Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software Trends 186

QAD

NOVEMBER 26, 2019

Most manufacturers that depend on fixed assets, and that is most manufacturers, use one software solution for supporting asset management and another to handle the financial reporting and accounting aspects of fixed assets. The Fixed Assets Accounting Challenge. Too often the choices for formula and depreciation approach are limited.

Asset Management 145

Asset Management Manufacturing Procurement Modeling Software Supply Chain Design Software 145

Elementum

AUGUST 2, 2022

Welcome to Elementum’s Supply Chain Market Report. We’ll also highlight emerging technologies that we believe can have an outsized impact on global supply chains. The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. Now, the Euro is at $1.02. How did we get here?

Sri Lanka 78

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

Unleashed

DECEMBER 6, 2021

We’ve identified 6 important categories that wholesaling features fall under: Inventory management Supply chain Customer orders Warehouse management Data and analytics Key software integrations And within these categories, we give you 17 features to look for – and why they’re important. Inventory management 1.

Inventory Management Software 98

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

Talking Logistics

JULY 22, 2014

Is it data visualization, business intelligence, and analytics, or is it a collaboration tool used to connect your trading partners and suppliers? The answer is not always that clear because supply chain visibility has to take on all of those roles to fill the promise of true insight and near real-time reporting.

Supply Chain Design Software 182

Supply Chain Design Software Supply Chain Planning Software Supply Chain Visibility Real-time Visibility 182

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 97

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 97

QAD

DECEMBER 1, 2022

Corporate buying decisions are being made by a generation accustomed to quick turnaround purchases they experience as online consumers. According to a report from Merit , 73% of corporate buyers are aged 20 to 35, with one-third of them solely responsible for buying decisions. How Well is Your Current e-Commerce Platform Performing?

Supply Chain Planning Software 98

Supply Chain Planning Software Analytics Software Demand Planning Software Eliminating Excel in Purchasing 98

QAD

OCTOBER 5, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

QAD

OCTOBER 11, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 98

Supply Chain Game Changer

SEPTEMBER 2, 2022

Digital money supports various other future currencies and is an excellent initiative for the people to use their ideas. The large occupation of the people in the fundamental reason for accepting Bitcoin is because the majority of that currency has an offering profit. It makes the investor interested in more purchases of Bitcoin.

Currency 91

Currency Analytics Software Supply Chain Network Software Purchasing Skills 91

Supply Chain Game Changer

MARCH 16, 2022

On top of that, there are a few people out there who have been spending millions of dollars on this digital currency already, so it’s important to ask whether all that money was worth it. As the popularity of Bitcoin increases, more and more businesses will want to accept this form of digital currency as payment.

Currency 17

Currency Purchasing Skills Supply Chain Network Software Finland 17

Supply Chain Game Changer

JUNE 24, 2021

Companies in the life science sector reported a 71% increase in customer demand, while 97% of industrial and automotive products said they were affected negatively. Inflation and currency depreciation. For a majority of people, exchange rates hold no meaning as their day-to-day life is always revolving around the local currency.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 97

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). For example, one woman was trading foreign currencies, and took a strong position on Eurodollar.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain Game Changer

FEBRUARY 16, 2021

Note that investing in a digital token is a risk no one can predict. But what happens if a currency undergoes a major instability? Experts recommend spending at least twenty-four hours on the screen reading various reviews and reports about cryptocurrencies before shelling out your hard-earned money. Perform meticulous research.

Price Reduction 98

Price Reduction Currency Purchasing Skills eBook 98

QAD

MARCH 30, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 96

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. These purchases might be recurring or occasional, some might be planned, and others pop up in response to sudden changes. It also incorporates employee expenses.

Procurement Solutions 77

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 77

Supply Chain Game Changer

SEPTEMBER 1, 2022

Therefore to give these already existing thin investors a boom in their currency making, few strategies are involved as per the nature of human beings. Therefore do not become dependent upon one single market providing you the digital currency. The currency is open for the trader who likes the opening price. Range Trading.

Price Reduction 85

Price Reduction Supply Chain Strategy Price Mitigation Strategies Strategy 85

Veridian Solutions

JANUARY 15, 2020

It is time your organization has decided to purchase order management software and reap its benefits. Supply chain leaders need to understand the following points to ensure they purchase the right software on the first try. Justify the Need to Purchase Order Management Software. Reporting and forecasting tools.

Procurement Solutions 49

Procurement Solutions Purchasing Skills Supply Chain Design Software Supply Chain Planning Software 49

Supply Chain Matters

OCTOBER 28, 2022

In a period where multiple enterprise and specialty software firms are reporting what are perceived to be disappointing or declining profitability, replete with select headcount reductions, SAP SE seems to have countered this trend, reporting better than expected Q3-2022 financial performance. billion euros at constant currency.

SAP 52

SAP Procurement Analytics Report Resource Reduction 52

Talking Logistics

MARCH 29, 2018

“More than a quarter of all revenue for sellers on Amazon globally was from cross-border transactions in 2017, up more than 50 percent from the year prior, Amazon Vice President Eric Broussard said in an interview,” as reported by Jeffrey Dastin in a recent article in Reuters. Cross-Border E-Commerce is Anything But Simple.

Logistics Network Optimization Software 118

Logistics Network Optimization Software Procurement Solutions Predictive Analytics Software Procurement Analytics 118

Vinculum

MAY 3, 2021

Purchasing products from suppliers should be easy with your OMS. REPORTING & FORECASTING. In addition to updating orders and sending them through, an OMS should be able to report trends in your sales and revenue. With an OMS, managing all different languages, currencies, etc., SUPPLIER CONSIDERATION. CONCLUSION.

Supply Chain Design Software 98

Supply Chain Design Software Forecasting Software Inventory Management Software System 98

Enterra Insights

AUGUST 22, 2022

Millions of users now gather at virtual 3D concerts, shop in virtual malls with virtual currencies, and own fully customized virtual homes.” ” Berthiaume goes on to report that a consumer survey from Accenture bolsters the Zipline finding that younger generations are likely to use the metaverse for shopping. .”

Modeling Software 130

Modeling Software Supply Chain Design Software Optimization Software Procurement Solutions 130

Enterra Insights

AUGUST 22, 2022

Millions of users now gather at virtual 3D concerts, shop in virtual malls with virtual currencies, and own fully customized virtual homes.” ” Berthiaume goes on to report that a consumer survey from Accenture bolsters the Zipline finding that younger generations are likely to use the metaverse for shopping. .”

Modeling Software 130

Modeling Software Supply Chain Design Software Optimization Software Procurement Solutions 130

SYSPRO Smarter ERP

MARCH 16, 2022

They have several capabilities of an ERP system; optimizing cost control, streamlining business processes, improving productivity, and providing real-time data analysis for reporting and decision making. Business expansion and market demands. When organizations grow, they often can outgrow their current system and functionality.

Supply Chain Design Software 116

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Optimization Software 116

QAD

APRIL 5, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, and from shared services to real-time data and flexible data analytics, QAD’s Effective Enterprise Management capabilities ensure that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

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

Supply Chain Game Changer

MAY 23, 2022

For example, the central bank of France has recently released a report that highlights ways in which bitcoin is revolutionizing financial transactions within the construction industry. The report was produced by Bruno Biais, head of economic analysis at the bank, and Cyril Durand. Five benefits of Bitcoin to the Construction industry.

Supply Chain Network Software 86

Supply Chain Network Software Industrial Industry France 86

QAD

APRIL 4, 2023

This includes integrating multi-currency, multi-GAAP, and multi-entity financials, implementing best practice purchasing, and utilizing real-time data and flexible analytics. It provides the production insights needed to rapidly respond to unplanned inventory shortages, equipment failures and productivity slowdowns.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 98