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5 Reasons Why You Need Procurement Planning Software

New Horizon Supply Chain Blog

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

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Lifting The Gray Curtain

Supply Chain Shaman

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. The question is, “Why?

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2022 Ivalua NOW Paris Recap!

ivalua

Leader Forrester CLM for Buy-Side Contract Suites, Q4 2021. Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. Ivalua R&D experts shared inf ormative and comprehensive updates for the Source-to-Contract, Procure-to-Pay, and Platform Solutions.

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Pushing the Supply Chain Reset Button

Supply Chain Shaman

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Supply chain excellence happens when leaders manage complex non-linear flows.

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How CPG Brands Can Harness the Power of POS Data

Silvon Software

Improved Forecast Accuracy Since POS data reflects real consumer purchases, forecasts based on this data are more accurate. In addition, shipment data can obscure the real picture because it’s affected by out-of-stocks, bulk orders, and retailer-driven buying tactics.

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WES in 2020: Why Combined WES and WMS Functions Build Supply Chain Power

Veridian Solutions

Streamlining returns is an integral part of developing an omnichannel warehouse, and, with up to 30% of all e-commerce purchases returned, warehouse managers must include returns capabilities in existing warehouses. The WMS promoted slotting optimization, inventory management, procurement, and order management functions, among much more.

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How to Cut Costs by Improving Product Punctuality

MIT Supply Chain

Researchers at MIT CTL have developed a model that uses purchase order (PO) information to help retailers determine when many different types of products need to be shipped to meet sales deadlines. This retailer excels at capturing opportunistic business. Lack of visibility. Performance improvements.