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

MercuryGate

JULY 14, 2022

TMS software for shippers is more than just a fancy buzzword or an “‘in thing” to do in the shipping and supply chain market today. The post TMS Software Purchasing: How to Avoid Mistakes Getting Started appeared first on MercuryGate International.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Predictive Analytics Software 52

Unleashed

SEPTEMBER 3, 2023

If you’re buying or selling goods, you need to know what a purchase order is and how it works. Purchase orders enable easy and safe trading between suppliers and their customers – and provide traceability as ordered items pass through the supply chain. In this purchase order guide: What is a purchase order?

Procurement Solutions 52

Procurement Solutions Purchasing Skills Manufacturing Procurement Procurement Analytics 52

Ware2Go

MARCH 25, 2022

Learn how to build a 2-day ground shipping network that meets customer expectations without hurting your bottom line. It’s no secret that fast shipping is a growing consumer expectation — and thanks to the Amazon effect, consumers are defining “fast” as 1-2 days. Why Most SMBs Don’t Offer 2-Day Shipping.

Shipping 140

Shipping Supply Chain Network Software How To Warehousing 140

ShipBob

MAY 22, 2023

Shipping labels may seem like a tiny piece of the ecommerce puzzle, but they are critical to both inbound and outbound logistics and are vital to your online store’s success and customer satisfaction. What is a shipping label? Why are shipping labels important? What do you want to learn?

Shipping 98

Shipping Logistics Network Optimization Software Analytics Software How To 98

ThroughPut

MAY 3, 2024

That is why logistics management software (LMS) is so much more today than what it used to be. In this blog, we’ll tell you what the evolution of a LMS has been and what you should look for while choosing the best Logistics Management Software. What is Logistics Management Software And How Does It Work ?

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 146

Unleashed

JUNE 27, 2022

There are now distillery software solutions out there to help with this, so you have the tools to avoid the inefficiencies and money pits that could give opportunities to your competitors to outpace you. Raw materials purchasing As a distillery manager, you will need to purchase both the raw materials for your product (e.g.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Procurement Solutions 98

Logistics Viewpoints

AUGUST 31, 2023

Today’s article comes from Kyle Franklin, Senior Solutions Consultant, Lucas Systems, and looks at warehouse distribution errors. And I had some specific thoughts on how they could fix the problem. Please follow along with me as I share the stories and solutions in part 1 of this two part blog series.

Warehousing 256

Warehousing Distribution Vendor Strategies How To 256

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Second, how does the ongoing capacity crunch impact the holiday season? The State of Parcel Shipping. Industry Trends.

Supply Chain Network Software 207

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 207

Unleashed

JUNE 11, 2024

Enterprise resource planning (ERP) and materials requirements planning (MRP) are two types of business software designed to improve efficiency and performance in your operations. For starters, MRP is a dedicated software system with specific functionality. What is ERP software? Who is ERP best for?

Manufacturing Procurement 52

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

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

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

The Logistics & Supply Chain Management Society

MARCH 21, 2023

Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022 by Lindsay Schuemann , Marketing Manager at Enveyo Two years. That’s how long has passed since the world as we knew it changed. We’ve had many ups and downs since March of 2020, but one up that has continued its upward trend, is e-commerce purchase volume. .

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

GlobalTranz

SEPTEMBER 11, 2018

Unfortunately, shippers may overlook the biggest obstacle to omnichannel, developing effective e-commerce shipping practices. To avoid the retail apocalypse and achieve omnichannel success, shippers need to understand the challenges of e-commerce shipping, how it contributes to omnichannel success and a few tips to succeed in it.

Omnichannel 201

Omnichannel Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 201

ThroughPut

JULY 4, 2024

The best inventory management software, powered by these advanced technologies, can not only assist you with daily tasks but also support business-level strategic planning. In this article, we’ll explore the top inventory management software with AI capabilities for enterprises in 2024. What Is a Modern Inventory Management Software?

Inventory Management Software 52

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

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. A decrease in the compliance rate results in an increase in indirect procurement or maverick spending.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Unleashed

APRIL 3, 2023

If you’re currently managing your accounts through QuickBooks, it makes sense to look for an inventory management tool that complements your accounting system. While QuickBooks offers some inventory functionality, it might not have all the solutions you require.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

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

EMERGE App

DECEMBER 25, 2023

It’s how an organization plans, organizes and optimizes its resources (including people, processes, technology, and assets) to achieve its long-term goals and sustain its competitive advantage in a dynamic business environment. And how can an inventory management app or an inventory management software or system become the best?

Inventory Management Software 52

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

EMERGE App

DECEMBER 25, 2023

It’s how an organization plans, organizes, and optimizes its resources (including people, processes, technology, and assets) to achieve its long-term goals and sustain its competitive advantage in a dynamic business environment. And how can an inventory management app or an inventory management software or system become that best?

Inventory Management Software 52

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

Unleashed

MAY 10, 2023

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 automation is the use of industry-specific hardware and software to improve efficiencies, reduce mistakes, and get better results from your supply chain processes.

Supply Chain Software 52

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

Ware2Go

MAY 15, 2023

Learn how to build a 2-day ground shipping network that meets customer expectations without hurting your bottom line. 1 to 2-Day Delivery Is the Expectation It’s no secret that fast shipping is a growing consumer expectation — and thanks to the Amazon effect, consumers are defining “fast” as 1-2 days.

Shipping 52

Shipping Supply Chain Network Software How To Warehousing 52

ShipBob

OCTOBER 16, 2023

How to calculate reorder points ShipBob keeps reorder points simple Reorder point formula FAQs Maintaining proper inventory levels is an elegant dance that must balance consumer demand and supplier reliability. Inventory management software will track your inventory and alert you when you reach your SOP. Or what about safety stock?

Forecasting Software 98

Forecasting Software Inventory Management Software Demand Planning Software Supply Chain Planning Software 98

Logistics Viewpoints

SEPTEMBER 7, 2022

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. BD, was using a supply chain risk management solution. But I was skeptical.

Supply Chain Visibility 227

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 227

Unleashed

MARCH 24, 2024

Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace. In this guide to lean manufacturing tools: What are lean manufacturing tools? Indeed, these tools could be several different things, such as: New shop floor layouts. Big data frameworks.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

Jaggaer

SEPTEMBER 22, 2024

Balancing Cost, Resiliency, and Sustainability in Procurement: Insights from Georg Roesch Procurement professionals across industries and markets are struggling to keep their supply chains agile in a world of constant disruptions. Explore the evolving role of software, AI, and data, and how they can support your ESG goals.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Optimal Sourcing Procurement Solutions 52

ShipBob

JUNE 18, 2023

Let’s jump into what beginning inventory is and how to easily calculate it. Beginning inventory explained The importance of knowing your beginning inventory How to value inventory Where and when to use beginning inventory? However, a retailer’s beginning inventory is made up of products that are available for consumers to purchase.

Inventory 98

Inventory Purchasing Skills Manufacturing Procurement How To 98

RFgen

DECEMBER 21, 2022

Choosing New Warehouse Automation Software. Implementing the right warehouse automation software can help you digitally transform obsolete inventory processes to vault ahead of competitors. However, diagnosing exact areas of inefficiency and how to optimize them can be difficult. 2022 Digital Inventory Report, RFgen Software.

Supply Chain Software 52

Supply Chain Software Optimization Software Inventory Management Software Logistics Network Optimization Software 52

Unleashed

MARCH 26, 2023

In this article, we break down native Xero inventory management and compare it with using an integrated Xero inventory software system. Free trial: Try Unleashed + Xero Inventory Management Software completely free for 14 days. Do you need integrated Xero inventory software? Xero is an incredibly versatile tool.

Inventory Management Software 52

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

ShipBob

AUGUST 16, 2021

In order to keep up with the unprecedented volume in such a short time span, it’s important you have the right shipping strategy and fulfillment processes in place. In this article, you will learn about the common challenges DTC brands face during peak shipping season, and how you can prepare your online store for success.

Shipping 98

Shipping Inventory Reduction Material Savings Supply Chain Planning Software 98

Synovos

JANUARY 16, 2024

Common MRO Supply Chain Challenges and How to Address Them The MRO supply chain is complex, regardless of the industry. For every purchased spare part there are potential challenges around lead time, parts availability, pricing, invoicing, quantity, quality, and more. Staying ahead of those challenges is difficult enough.

Optimal Sourcing 52

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

ShipBob

DECEMBER 13, 2023

By the end of this article, you’ll gain insights into which inventory health indicators you should be monitoring, how to overcome common inventory management hurdles, and see how a third-party logistics provider like ShipBob can help. These metrics provide valuable insights into how well your inventory is managed.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Inventory Reduction Inventory Management Software 52

Unleashed

JUNE 7, 2023

Manual inventory control tasks are automated with the help of software tools and warehousing equipment. Inventory optimisation tools Inventory optimisation tools are essential for improving the efficiency with which your business operates. Inventory optimisation software Software is at the heart of inventory optimisation.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

SYSPRO Smarter ERP

NOVEMBER 30, 2021

It provides the facility to analyze forecasting errors, share data between departments such as procurement, identify sales trends and seasonality. Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Stay Agile, Get Ahead.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. QUALITY: The quality of goods and services provided by the supplier, as well as the supplier’s delivery performance and accuracy.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52