Precoro

NOVEMBER 11, 2024

For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. Each model has its perks, and choosing the best fit can feel like walking a tightrope. Keep reading to learn: What is centralized purchasing? What is centralized purchasing?

Pricing Training 84

Pricing Training Expense Reduction Price Reduction Cost Reduction Strategies 84

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. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 173

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 173

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

FEBRUARY 18, 2021

The Covid-19 pandemic tested the global supply chain. Like riding a bumpy road, the supply chain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supply chain leaders, I share lessons learned. It will not be over soon.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 288

Precoro

MAY 22, 2023

In today’s fast-paced corporate world, it's difficult to overstate the significant role that technology plays in the success of many organizations. Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Unleashed

MAY 10, 2023

It’s a tumultuous time for supply chain operations. To survive these changes, businesses must look to automation. Read on to learn how supply chain automation works and discover the tools you can use to reduce manual efforts and improve supply chain efficiency.

Supply Chain Software 52

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 52

Logistics Viewpoints

JUNE 9, 2022

But what really gets the supply chain and warehouse managers in a sweat are extremely intense sales days or weeks such as the well-known Black Friday or Cyber Monday. The warehouse technologies for manual, semi- or fully automatic solutions are perfectly balanced, and all processes run smoothly.

Logistics Network Optimization Software 255

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 255

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. This is why I host training twice a year to challenge existing technology paradigms. Back to John.

Supply Chain Planning Software 345

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 345

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 89

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 89

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. Cost savings – a cloud platform reduces the need for you to invest in hardware, infrastructure, and maintenance.

Supply Chain Planning Software 190

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 190

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Logility

AUGUST 14, 2023

When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. 1 Co-develop a business case with vendors. 3 Align on goals and KPIs.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 199

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 72

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 72

GlobalTranz

MAY 18, 2018

Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In addition, some may feel that growing into a seamless omnichannel sales strategy is impossible without supply chain technology hiccups, but that is not true.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

Unleashed

SEPTEMBER 2, 2024

Purchase order (PO) systems are software tools that help you manage the end-to-end purchase order process. They streamline procurement workflows by automating key tasks such as purchase order creation, approval, distribution, and tracking. What is a purchase order system?

Procurement Solutions 52

Procurement Solutions Inventory Management Software Procurement Analytics Supply Chain Planning Software 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Cost Reduction : Cuts operational costs by minimizing manual workload.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

SCMDOJO

AUGUST 19, 2022

New global consumer markets, characterized by sourcing activities and low manufacturing costs, seem to take the supply chain into more contemporary territory. While it brought all excitement and increased revenue, manufacturers have started to experience its significant side effect: a rise in supply chains complexity.

Supply Chain Software 139

Supply Chain Software Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 139

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” ” Or “push a shift from a focus on cost to drive value?” To help, I will ask, “How do you define value?

Manufacturing Procurement 394

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 394

Supply Chain Shaman

NOVEMBER 21, 2022

”) So, I sat across from a stranger on a cold winter night, the only thing that we had in common was our experience in supply chain planning. . I started with, “How can I help you?” And won’t the supply chain follow suit?” Self-driving supply chains are an example.

Supply Chain Planning Software 301

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 301

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 83

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 83

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

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. I’m never one to jump on the bandwagon with emerging technologies. We don’t know what we don’t know.

Predictive Analytics 94

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

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

AIMMS

JULY 23, 2019

The agribusiness supply chain is highly complex. But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology.

S&OP 278

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 278

Logistics Viewpoints

DECEMBER 14, 2021

My dad is the VP of our household’s grocery supply chain. 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. Supply Chain Digitalization & Autonomous Planning.

Supply Chain Planning Software 220

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 220

Enterra Insights

MARCH 28, 2022

The past couple of years has been a remarkable time for e-commerce as more and more consumers have discovered the digital path to purchase. Nina Taniguchi, an Ads Research and Insights Manager at Google, writes, “ Much has already been written about how COVID-19 has dramatically changed consumer behavior. They are: 1.

Procurement Analytics 246

Procurement Analytics Procurement Solutions Purchasing Skills Price Reduction 246

QAD

MAY 23, 2023

Companies that move fast and act smart now can stay ahead of due diligence legislation, mitigate supply chain risk and gain a competitive advantage in the process. As I explained in a recent article on Supply & Demand Chain Executive , organizations that leverage supply chain digitization will be the most likely to succeed.

Procurement Solutions 98

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 98

Unleashed

JULY 16, 2024

What is bill of materials (BOM) software? Bill of materials software is a specialist tool used in contemporary manufacturing operations to manage and document all components and processes essential to manufacturing a product. The subscription-based pricing model of cloud solutions also allows for more predictable budgeting.

Supply Chain Planning Software 52

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

Logility

JULY 20, 2023

That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

Supply and Demand 184

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 184

SYSPRO Smarter ERP

AUGUST 28, 2024

Selecting the right ERP software for manufacturers is critical Choosing the right ERP software for manufacturers to meet specific requirements is no easy task. The following selection criteria help to identify and select the optimal ERP software for manufacturers.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Optimization Software 52

AIMMS

OCTOBER 17, 2023

Sustainable supply chains are not just beneficial for society and the environment; they’re crucial for a business’s future prosperity. For that, long-term supply chain planning and budgeting needs data to back every decision. A green supply chain boosts brand reputation and can lead to increased sales.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. To accomplish this, our clients rely on the built-in data hub of our Stratum reporting application.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

crisp

OCTOBER 21, 2024

That could be why AI – known for its efficiency and productivity possibilities – presents such a compelling opportunity for the retail and consumer goods industry, with an estimated potential impact of $400 billion to $660 billion annually ; driven by AI-supported strategic growth and cost savings through automation of key functions.

Procurement Analytics 40

Procurement Analytics Analytics Software Predictive Analytics Analytics 40

Precoro

AUGUST 26, 2021

How do you call it when you order, say, stationery for your office? Purchasing? Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Purchasing and Procurement at a Glance.

Pricing Training 91

Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 91