Remove Currency Remove Procurement Remove Procurement Analytics
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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

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. How often do purchases happen?

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Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

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.

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32 KPIs That Drive Inventory Optimization

Silvon Software

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.

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Beyond Spend Analytics: Supplier Life Cycle Data

Supply Chain View from the Field

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.

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2020 Requires Big Wings and Feet

Supply Chain Shaman

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.

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Modeling Piece Price Comparisons for Local and Regional Suppliers Versus Low-cost Country Initiatives

SCMDOJO

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.

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Introducing QAD Adaptive ERP 2021.1

QAD

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.