Jaggaer

MARCH 24, 2025

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Negotiating Skills 52

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. From natural disasters to geopolitical tensions and the ongoing COVID-19 pandemic, supply chains have been significantly impacted.

Manufacturing Procurement 269

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 269

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 92

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 92

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

Purchasing Skills 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 105

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

Logistics Viewpoints

DECEMBER 14, 2021

To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. These technologies are often invisible to the end-user but make a big difference in keeping the promises about product availability, freshness, and speed of delivery.

Supply Chain Planning Software 286

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 286

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 283

Logistics Bureau

JANUARY 20, 2025

If you were tasked with procuring the best supply chain IT system, what would you look for? ERP, APS, SCM Systems Explained Organisations often use these systems together because each serves a distinct but complementary purpose. Think of it managing things like purchase orders, invoices, and inventory records.

Supply Chain Design Software 74

Supply Chain Design Software Supply Chain Planning Software Optimization Software Analytics Software 74

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Technology can have a significant impact on supply chains, but supply chain digitization still lags behind digitization of other areas of business across many industries. Still, there are several technologies that are transforming supply chains for the organizations that adopt them.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Precoro

FEBRUARY 26, 2025

ERP systems form the backbone of efficient operations for many organizations. They integrate finance, HR, sales, and supply chain management into one complex platform. Within this setup, an ERP procurement module helps companies make purchases and manage suppliers.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

Supply Chain Shaman

NOVEMBER 11, 2020

While the supply chain technology market lost its allure at the start of the last decade, it is now cool again. I forecast that this interest will grow and the market is going to become more confusing. Leaders are starting to experiment with new technology approaches giving rise to new spending and interest by Venture Capitalists.

Supply Chain Design Software 302

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 302

Supply Chain Shaman

FEBRUARY 18, 2021

The systems–based on shipment and order data–were out of step with the market. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. Next Steps: Start to model demand based on market data to align the organization on baseline demand.

Supply Chain Planning Software 283

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 283

ThroughPut

OCTOBER 18, 2024

CAGR , the global supply chain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supply chain management tools to boost efficiency and value in their distribution and logistics network. Growing at an overwhelming rate of 11.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

Supply Chain Shaman

JUNE 3, 2013

At a time that marketplace offerings were super-hyped, I forecasted the doom of ten e-marketplace providers. I asked companies to “Navigate through the hype focusing on the feasibility of scope and technology.” In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement.

Supply Chain Design Software 258

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 258

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. New forms of analytics make new capabilities possible. > Unfortunately, companies have invested money in traditional forecasting processes believing that if they make the forecast better that corporate performance will improve. .> It is evolving.

Supply and Demand 326

Supply and Demand Modeling Demand Planning Software Forecasting 326

Logistics Viewpoints

MARCH 4, 2021

Being listed on a last-mile-delivery service platform and reaching a much broader customer base beyond the neighbors became a must-have for survival. Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Here are the steps to take for going digital: .

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Shaman

JANUARY 2, 2023

A large consumer products manufacturer with nine Enterprise Resource Planning (ERP) instances and several divisions wanted to discuss forecasting. The team was not calibrated on the role of forecasting and the basics around process excellence. ” The next call was with a technology provider. What Is a Forecast Anyway?

Supply and Demand 372

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 372

Logistics Viewpoints

JUNE 1, 2023

With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 271

ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” I know that your primary focus is procurement. The goal was to teach the impact of system dynamics in a non-linear system that we now call the supply chain.

Supply and Demand 384

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 384

Precoro

MARCH 27, 2025

Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. 

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

Precoro

OCTOBER 6, 2022

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?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. Here are our answers to some of the most common questions about demand planning software.

Supply and Demand 185

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 185

My Office Apps

MARCH 26, 2025

How Kechie ERP Software Transforms Operations Across Key Business Sectors How are companies managing the external and internal challenges that increase the complexity of their operations every day? That solution is Kechie ERP, a configurable, user-friendly tool designed to support businesses of all sizes. It truly covers it all.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 64

Logistics Viewpoints

MAY 19, 2022

Work planners previously did manually can be calculated by software. But advances in this area have two limitations – the software itself and our ever-changing world. The promise of supply chain planning software has led leaders to chase the mirage of the perfect plan. The myth of the “perfect plan”.

Optimal Sourcing 300

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 300

Jaggaer

FEBRUARY 5, 2025

The process creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Supply Chain Shaman

SEPTEMBER 22, 2021

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. ” My take?

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

ThroughPut

OCTOBER 10, 2024

In this blog, let’s dive deeper into the challenges of spare parts management, the solution that ThroughPut AI provides, the features of spare parts management software and how it works. Some of them are: Planning A common challenge is the need for coordination between demand forecasting and inventory planning across the entire organization.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Logistics Viewpoints

AUGUST 23, 2021

Those include trust issues, the operating model, and technology. The remainder of this article will focus on the technology issues. Supply Chain Collaboration Networks are a Key Technology. A Supply chain collaboration networks (SCCN) is a key technology for improved collaboration across an extended supply chain.

Optimal Sourcing 293

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 293

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

Jaggaer

MARCH 20, 2025

Uncertainty around federal and state policy changes poses a significant challenge for procurement leaders across all types of higher education institutions. Additionally, institutions must remain adaptable to changes in compliance requirements related to federal grant-funded purchases, sustainability mandates, or supplier diversity policies.

Education 52

Education Procurement Analytics Pricing Training Purchasing Training 52

SCMDOJO

NOVEMBER 20, 2024

Let’s explore how certain principles can be applied to optimize inventory management: Inventory Management Systems We have a different perspective on implementing an inventory management system. This entire debate depends on robust management systems such as ERP and WMS. Click here!

Inventory Reduction 98

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 98

Logility

OCTOBER 6, 2023

The key areas to consider when upgrading to the cloud include: The Value of Cloud Technology Cost Competitiveness Performance Expectations Upgrades Responsiveness Support Expertise & Response The Value of Cloud Technology Which business drivers and advantages are motivating companies to shift to the cloud?

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Network Software Modeling Software Optimization Software 191

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Current technologies and processes focus on volume trade-offs. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. A Decline in Innovation.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing 221

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Let’s start with their business model and current challenges. There are interesting challenges within the AmRest business model at the supply chain level.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130