Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Unleashed

MAY 20, 2024

In this week’s edition of The Backorder: REI Co-op gives back $270 million to global communities 6 quick ways to improve supply chain visibility An ecommerce logistics insider shares her best industry advice Job opportunities from McLaren Racing, Hello Fresh, and more Not subscribed yet? Request (and provide) timely updates.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Shaman

FEBRUARY 18, 2013

They each lag in their understanding of supply chain excellence, and are now struggling to build effective supply chain teams. In our work with pharmaceutical companies, most executives wince when we mention inventories. However, most do not realize that the Days of Inventory for the industry has grown 33%. Improve Visibility.

Pharmaceutical 170

Pharmaceutical Supply Chain Network Software Eliminating Excel in Purchasing Procurement Analytics 170

Unleashed

OCTOBER 16, 2023

It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Without an effective system in placing for managing raw materials inventory , there’s a good chance you will end up overstocked – and pay extra in storage costs – or understocked and unable to produce goods when you need them.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Locus

JANUARY 29, 2023

It’s official: last-mile is the place to deliver growth, what with the explosion in online purchases by consumers showing no signs of shopping. Great product prizes, a wide selection, or even on-time deliveries are no longer enough to establish oneself as a differentiator. But the playing field is getting more and more crowded.

Procurement Analytics 52

Procurement Analytics Eliminating Excel in Purchasing Cost Reduction Strategies Supply Chain Design Software 52

SCMDOJO

FEBRUARY 20, 2023

Whether it’s optimizing routes, improving warehouse efficiency, or leveraging technology to enhance tracking and visibility, Distribution Operations play a critical role in the success of any business that relies on the timely and efficient delivery of goods or services.

Inventory Reduction 105

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 105

ShipBob

DECEMBER 13, 2023

The strongest inventory health indicators (& how to monitor them) Monitoring key inventory KPIs is essential if you want to keep your inventory’s health in good shape. These metrics provide valuable insights into how well your inventory is managed. Shorter lead times can enhance inventory agility.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Enterra Insights

JUNE 24, 2022

” • Real-time data : “Each time an employee scans a barcode, it immediately updates inventory and sales numbers in the company’s enterprise resource planning (ERP) or business management system. This cuts down on both inventory carrying costs and obsolete inventory, which boosts long-term profitability.”

Supply Chain Design Software 130

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Price Reduction 130

BlueYonder

JANUARY 31, 2023

What Kelly meant by that is we can’t just have visibility from the OEMs to the Tier 1 suppliers, but we have to go beyond to Tier 2 suppliers and the semiconductor chip suppliers like NXP and Infineon, and all the way down to the IAC plants and PDC dealers. Terence: What about in the medium-term?

Automotive 86

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 86

Logistics Viewpoints

NOVEMBER 30, 2020

Valdez, there were four critical improvement initiatives spanning inventory management, transportation, automation, and operational excellence. The anchor and catalyst for our transformation” was moving to using one pool of inventory to fulfill all digital and in-store purchases. A buyer now “purchases for one business.”

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013. In the industry, the GT Nexus product is the platform of choice for ocean visibility. It is clear. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. You can reduce risks of lost opportunities or sales resulting from inventory shortages and low stock levels. And you’re not to blame. It directly impacts your workflow and productivity.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Unleashed

JANUARY 24, 2022

Hybrid MRO inventory management is simply a combination of internal and vendor managed inventory whereby certain aspects of the company’s MRO inventory is managed in-house and others by a third party. Why is MRO inventory management important? Take a comprehensive approach to MRO inventory procurement.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? Create A Virtuous Circle of Visibility Wondering how this all works?

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

SCMDOJO

JULY 24, 2023

It boasts excellent infrastructure, including well-connected harbors, well-educated people, and multilingual capabilities, making it an international logistics hotspot. While it possesses the buying power of a large corporation, NUNNER focuses on providing tailor-made solutions to its customers.

Logistics Network Optimization Software 93

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 93

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). The total cost of ownership analyzes the total costs of the buying decision.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. But even with this knowledge, what’s stopping retailers and e-commerce companies from providing excellent delivery experiences to their customers? First Attempt Delivery Rate: The Metric for CEP & Retail Success.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

Unleashed

OCTOBER 6, 2021

Learn more: Better Dropshipping with Inventory Management 5. Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Kinaxis

JUNE 30, 2017

There is omni-channel you can buy products anywhere, you can order stuff from your mobile phone and then get delivered to your home, and so on. In today’s world, with buy anywhere, pick up anywhere kind of paradigm, supply chains are a lot more complex. How are supply chains becoming more complex? Think of yourself as a consumer.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 147

Supply Chain Shaman

AUGUST 14, 2016

A Demand-Driven Value Network as defined by AMR Research in 2007: A network that senses demand with minimal latency to drive a near real-time response to shape and translate demand. The use of unstructured text mining, and sentiment analysis, to understand and listen to customer responses to products and services in near real-time.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Unleashed

MARCH 26, 2023

Xero has several in-built features to help you keep track of stock items in real-time. The benefits of tracking inventory with Xero Tracking inventory natively within Xero offers several benefits, particularly when upgrading from paper or spreadsheet systems. Seamless integrations.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

ThroughPut

OCTOBER 7, 2022

With the pandemic leaving a deep impact, organizations need to now be better prepared to gain end-to-end visibility across demand and supply chains, especially with their level of preparedness to adapt to sudden changes in demand. Analyzing past sales data is an excellent starting point for any organization. Historical data method.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

IQMS

JUNE 4, 2019

Investing in upgrading existing machinery, replacing fully depreciated machines with next-generation smart, connected production equipment, and adopting real-time monitoring including Manufacturing Execution Systems (MES) are manufacturers’ top three priorities based on interviews with them. Demystifying Industry 4.0 For Industry 4.0

Supply Chain Planning Software 56

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Sourcing Strategies 56

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Analyzing past sales data is an excellent starting point for any organization. Historical data method.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Zipline Logistics

FEBRUARY 9, 2021

Logistics data refers to the metrics used to track, measure, and benchmark parts of your supply chain’s performance. Because average on-time delivery performance in the CPG space hovers in the 70% range, successful logistics data programs remain the only consistent way to close the gap. What is Logistics Data?

Optimal Sourcing 52

Optimal Sourcing Supply Chain Performance Supply Chain Planning Software Cost Reduction Strategies 52

Supply Chain Opz

AUGUST 2, 2018

In this article we will examine inventory optimization processes as part of a structured sequential journey and examine seven of the key factors in delivering the optimal mix of stock. The start-point for any Inventory Optimization initiative is Visibility. Getting this information is not always as easy as you might expect.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Supply Chain Shaman

OCTOBER 10, 2017

AGCO was honored to receive the AME 2017 Excellence Award. A 30% Initial Reduction in Processing Time. Automated real-time information sharing cut the processing time and reduced a multi-layer inspection process to one tool. The move led to an additional 30% – 35% reduction in process time.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Material Savings Supply Chain Software 152

Enterra Insights

FEBRUARY 1, 2021

He explains, “[The pandemic highlighted that] we were in the midst of a technology revolution, where automation, transparency, visibility, and information were becoming paramount to every supply chain, big or small. ” Those are excellent questions to consider before making investments in any technology. … My plea?

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Optimization 113

Supply Chain View from the Field

JANUARY 14, 2015

ERP systems are deemed to be a critical enabler for real-time information sharing to align business decisions and to increase visibility to transactions across internal functions is the largest technological investment for Fortune 500 companies. And how do these benefits accrue? procurement activities. procurement activities.

Manufacturing Procurement 60

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Analytics 60

SYSPRO Smarter ERP

AUGUST 7, 2023

Lack of Real-Time Visibility: Manufacturers often struggle to obtain a real-time view of their operations, hindering their ability to make informed decisions. Without real-time visibility, they struggle to identify bottlenecks, optimize resource allocation and respond swiftly to changing market demands.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Inventory Management Software Procurement Analytics 98

ThroughPut

OCTOBER 16, 2022

An inventory manager aims at ensuring the key performance indicators (KPIs) are aligned to the available inventory and works on identifying key areas that are performing well or those aspects which require attention. Key Pillars of Supply Chain Inventory Optimization. DEMAND FORECASTING. LACK OF AUTOMATION.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Supply Chain Shaman

AUGUST 26, 2015

News anchors broadcast real-time data on the stock market, and while there are many commentaries on the positives and the negatives, what is clear is we are in a period of change and uncertainty. The inherent buying patterns of consumers are also changing. The water cooler is buzzing. Markets drive supply chains.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. OTIF means on-time and in-full. OTIF metrics are not universal. Get Real-Time Visibility.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. Eileen Fisher Renew is an excellent example of the reverse logistics process in action.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

ShipBob

NOVEMBER 6, 2023

Doing this analysis helps you make informed decisions about freight shipments, find out if you’re overspending, and gain greater visibility into freight shipments. This type of analysis demonstrates when a product is ready to be sold so an auditor can immediately value the inventory for the current accounting period.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Precoro

JULY 29, 2024

An online procurement system, also known as e-procurement software, is a digital platform designed to streamline and automate the buying process within an organization. At its core, an online procurement system centralizes purchasing activities. At its core, an online procurement system centralizes purchasing activities.

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105