Logistics Bureau

DECEMBER 28, 2024

How to Reduce Carbon Emissions in Your Supply Chain 1. Also consider on-site renewable energy generation through solar panels or purchasing renewable energy credits (RECs) to offset facility emissions. This means deploying supply chain carbon accounting software, setting clear KPIs for emission reduction and regular carbon audits.

Material Savings 75

Material Savings Resource Reduction Supply Chain Design Software Supply Chain Planning Software 75

Precoro

MARCH 27, 2025

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.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

Logistics Bureau

JANUARY 20, 2025

If you were tasked with procuring the best supply chain IT system, what would you look for? Think of it managing things like purchase orders, invoices, and inventory records. Add APS and SCM: A Step in the Right Direction Both APS and SCM solutions cover some of the gaps which limit ERP as a solution for managing complex supply chains.

Supply Chain Design Software 74

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

Supply Chain Shaman

JUNE 30, 2023

As a supply chain leader, he is struggling how to dance in the ring of fire. His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. So, how does John maneuver through the ring of fire? (The This week, I spoke to John.

Supply Chain Planning Software 341

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 341

AIMMS

DECEMBER 1, 2016

It was created initially by Oliver Wight and has become the standard procedure to improve business performance and predictability. In this blog post, I will delve into 5 issues companies typically experience with their S&OP software. Finding Software to Drive S&OP: 5 Dysfunctions companies typically encounter .

S&OP 156

S&OP Prescriptive Analytics Software Supply Chain Planning Software Supply and Demand 156

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. Excellence in all these areas requires predicting demand, buying supplies, producing products promptly, and swiftly responding to market demand.

Optimal Sourcing 174

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 174

Enterra Insights

APRIL 6, 2021

The late philosopher Eric Hoffer and the late business guru Peter Drucker shared a common belief about the difficulty of predicting the future. Hoffer wrote, “The only way to predict the future is to have power to shape the future.” Drucker wrote, “The best way to predict the future is to create it.”

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

ToolsGroup

MARCH 3, 2022

And even though meteorology has come a long way, weather is a notoriously fickle and uncontrollable factor, and no forecaster can reliably predict it beyond the next few weeks. How to Use Weather Analytics in Retail Forecasting. What are the Benefits of Using Weather Analytics in Retail Forecasting?

Forecasting 156

Forecasting Forecasting Software Procurement Analytics Retail 156

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. How is AI Improving Supply Chain Management? I’m never one to jump on the bandwagon with emerging technologies.

Predictive Analytics 94

Predictive Analytics Predictive Analytics Software Supply and Demand Supply Chain Disruption 94

Enterra Insights

MAY 26, 2022

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

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

Logistics Viewpoints

MARCH 1, 2021

It was predictable. The introduction of smoke-free products made the use of spreadsheet tools far less efficient in the capacity and sourcing planning as the new product categories had rapid growth. “We What PMI needed, considering the long planning horizons, was a digital and analytics network design and supply optimization tool.

Modeling 275

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 275

Arkieva

JUNE 28, 2016

Our focus today is to discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP. What is analytics? The term analytics emerged over the last 10 years (Rose, R. 2016, “Defining Analytics: A conceptual Framework” ORMS Today pp.

S&OP 92

S&OP Procurement Analytics Analytics Software Supply and Demand 92

Logility

APRIL 23, 2020

So, the promise of using statistical algorithms, forecasting and predictive analytics is now added to the list of a company’s number one priorities. In far too many cases, forecasts are done as a fishing expedition where analysts run the data through predictive algorithms to see what “pops.” One may ask, “What’s next?”

Forecasting 148

Forecasting Forecasting Software How To Procurement Analytics 148

DELMIA Quintiq

DECEMBER 28, 2020

This is part 2 of a 2-part series on how to succeed in planning and decisions amid times of disruption. Part 2 in the series explores the “analytical scenario exercise” and how decisions based on certain scenarios heavily impact each aspect of the value chain.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Supply Chain Shaman

APRIL 17, 2013

The article is written and the story is spun, but the solution offered is a supply-centric solution based on yesterday’s technology. The market shift is towards analytics, but this new market is confusing. The most successful have used best-of-breed solutions. (We Instead, I see a behavior that I call bait and switch.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

Logility

OCTOBER 6, 2023

For the last decade supply chain leaders and CIO’s have been evaluating when and how to move their supply chain applications to the cloud. Let’s break down the trade-off between an on-premises and a cloud environment, what it means for your business, and how you can realize the optimal potential of a cloud investment.

Supply Chain Planning Software 191

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

Jaggaer

MARCH 23, 2020

And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Analytics has been with us for some time – more than a couple of decades. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

SCMDOJO

NOVEMBER 20, 2024

One needs to mitigate these challenges and learn how to optimize inventory. 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 is a significant and vital issue. Click here!

Inventory Reduction 98

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 98

AIMMS

DECEMBER 1, 2016

It was created initially by Oliver Wight and has become the standard procedure to improve business performance and predictability. In this blog post, I will delve into 5 issues companies typically experience with their S&OP software. Finding Software to Drive S&OP: 5 Dysfunctions companies typically encounter .

S&OP 132

S&OP Prescriptive Analytics Software Supply Chain Planning Software Supply and Demand 132

Supply Chain Shaman

JANUARY 22, 2013

At the NRF event, I feel that the words were largely overhyped and the solutions showcased on the floor largely underdelivered. As these words filled the air in session after session, the promises were vast and overarching, but the solutions showcased in the vendor booths on the floor were largely the same.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Network Software Analytics Software Modeling Software 239

SYSPRO Smarter ERP

NOVEMBER 1, 2021

Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. We live in a time where we can purchase almost anything with a click of a button. Leveraging on predictive analytics and data for decision making. Transitioning to B2B e-Commerce.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

Logility

APRIL 21, 2020

In fact, demand forecasts are used throughout the supply chain including supply chain design, purchasing, operations, inventory, and sales and marketing. procurement, operations, inventory, sales and marketing). Value-add forecasting helps detect the useful length of your ‘prediction window’. Price optimization.

Forecasting 157

Forecasting Optimal Sourcing Forecasting Software Modeling 157

Supply Chain Shaman

JANUARY 8, 2014

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Finally, over the years I have learned that while Supply chains are complex and dynamic it is best to keep things simple: Are our processes in control – are they reliable and predictable?

Procurement Analytics 261

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 261

Enterra Insights

MARCH 13, 2018

Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. Once being a ‘nice-to-have,’ applying analytics is now becoming mission-critical.”[1] Organizations are drowning in data but starving for information.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

Logility

FEBRUARY 8, 2023

A key factor in the success of Logility’s network optimization solution is the use of reference data. However, it is misleading when you try to predict what you will spend in the next period. Hear Nathanael discuss how Logility’s network optimization solution is driving faster, better supply chain decisions.

Modeling 130

Modeling Optimization Modeling Modeling Software Network Optimization Software 130

Precoro

JANUARY 29, 2024

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Procurement methodology. Objectives and scope.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

ThroughPut

FEBRUARY 18, 2025

Lost Sales: A Preventable Loss of Potential Revenue Harvard Business Review reports that stockouts cost retailers $1 trillion yearly, with most purchases abandoned when items are unavailable. Procurement: Complex to efficiently process many factors at scale, in real time, and cost-effectively leading to frequent operational disruptions.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

GlobalTranz

NOVEMBER 21, 2017

Some supply chain companies are leaning on the power of analytics to help streamline their processes and get ahead of their competitors. But many companies have struggled to embrace the relationship between using analytics and implementing changes that can improve business performance. But the benefits far outweigh the challenges.

Analytics Software 173

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 173

Enterra Insights

MAY 6, 2021

They are working on an artificial intelligence tool called SmartTensors. She explains, “The tools for collecting data are better than ever, leading businesses to believe they should capture every bit of data available. Descriptive analytics. Descriptive analytics can help discover what happened in the past.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Enterra Insights

APRIL 30, 2019

Thirty years ago few people would have predicted a growing number of consumers would complete much of their shopping using a mobile phone. The impact of e-commerce and the consumer digital path to purchase has been significant. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

The Logistics & Supply Chain Management Society

APRIL 15, 2021

One of the industry’s biggest concerns is how to digitise and transform quickly, without starting from scratch and having to throw away your enormous investment in traditional systems. In this article, we explain how to manage this process in an efficient and cost-effective way. Reducing volume purchasing cost by 10 to 20%.

Inventory Reduction 259

Inventory Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 259

SCMDOJO

NOVEMBER 29, 2023

Whether you’re a small business struggling with excess inventory or a large enterprise seeking to enhance efficiency, this article will equip you with the tools and insights necessary to clear the clutter and achieve optimal inventory levels. How to Prevent Excess Inventory? So, let’s dive in and start streamlining!

Inventory Reduction 111

Inventory Reduction Material Savings Resource Reduction Inventory Management Software 111

ToolsGroup

SEPTEMBER 13, 2016

In our last blog , we discussed how Amazon’s low-cost service times, and the pressure that places on supply chains. Today’s blog analyzes how to compete in this multichannel environment that requires serving the customer in ways that remove the barriers that make consumers think twice about making the purchase.

Supply Chain Software 120

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 120

Precoro

JANUARY 16, 2023

Spend management is a set of practices for controlling how a business spends money. Companies typically select supplementary software to help support this process. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Kinaxis

DECEMBER 21, 2016

When it comes to delivering on your Christmas promises to customers, it’s not just which supply chain management software you use that matters. To handle peaks effectively, you need the right tools, including a good database and analytics so you can learn what causes spikes, and how to predict them.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 100