Remove Eliminating Excel in Purchasing Remove Knowledge Base 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. From whom are we buying?

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Time for a Supply Chain Metrics Cleaning

Logility

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

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Time to Look into the Future of Procurement!

Supply Chain Game Changer

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

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Customer Experience and the Human Touch

Enterra Insights

Today, with more consumers than ever taking the digital path to purchase, customer service is often an on-line-only experience. Marketing expert Tom Martin ( @TomMartin ) reports, “In 2018, PwC research found that 82% of U.S … AI-generated templates can simplify knowledge base updates. ”[1].

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9 Critical ERP Features for Discrete Manufacturers

OptiProERP

Suppliers can log into a portal to see purchase orders at any time, and the supply chain module can monitor how suppliers are performing. Managers can also take a look at the effectiveness of the supply chain with reports on key performance indicators. Job Costing. Analytics and Business Intelligence.

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How AI Helps Build the Supply Chain that Thinks for Itself

Logistics Bureau

If a new visitor arrives and shows a similar pattern of navigation, the engine swings into action with “You might also like (insert name of frequently purchased product here)”. Suggesting actions after reviewing analytics. Data analytics are part of a growing number of systems. Tools to think like humans.

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How Ridgeline Discovery Reduced Invoice Processing Time by 90% in a Month

Precoro

Andrew Jefferson, COO at Ridgeline, and Isabel Göller, Finance Manager, were kind enough to share their experience optimizing the purchasing process using the Precoro procurement solution. Ridgeline's Initial Procurement Process. As Ridgeline was a start-up business, its procurement process was initially manual.