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. Make to Order: Here, products are manufactured based on specific customer orders. Nari Viswanathan is currently Sr.

Manufacturing Procurement 214

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 214

Supply Chain Game Changer

SEPTEMBER 22, 2022

The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation. Understanding The Procurement Process. What Is Automated Procurement?

Procurement Solutions 101

Procurement Solutions Supply Chain Software Inventory Management Software Optimal Sourcing 101

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. Otherwise, inventory positions can become misaligned, leading to suboptimal revenue generation and needless waste. The time is ripe to move forward with supply chain transformation.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Unleashed

APRIL 11, 2021

In this comprehensive guide to online inventory management, we’ll take a look at what it is and why your product-based business can’t do without it. Online inventory management for manufacturers. Online inventory management for retailers. Online inventory management for wholesalers.

Inventory Management Software 105

Inventory Management Software Inventory Management Forecasting Software Supply Chain Planning Software 105

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. RPA as it is also referred to, has the capability to transform supply chain management. Procurement.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

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

GlobalTranz

MAY 25, 2018

Everything is connected to the internet, including consumer and industrial devices and systems. The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. Download white paper.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

SCMDOJO

MARCH 27, 2024

Hence, leveraging the right technological tools becomes not only beneficial. This comprehensive guide highlights software that stands out. For each recommended software, we will delve into the key features that set it apart. For each recommended software, we will delve into the key features that set it apart.

Supply Chain Design Software 84

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 84

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

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. Instead, it should be an information exchange virtual platform.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

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 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Today I am writing my take on the acquisition of Terra Technology by E2open. History of Terra Technology. Terra Technology is 15-years old.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Supply Chain Shaman

SEPTEMBER 13, 2023

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. However, few measure it, and no technology is available to drive a learning engine to minimize the bullwhip impact. (Is Or planned orders to purchase orders?)

Supply and Demand 385

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 385

Taulia

JULY 14, 2022

Inventory management is the term used to describe the approach an organization takes to source, store, track, and sell inventory. For companies that have large volumes of inventory, it is usually advisable to use a dedicated system to manage inventory. What is an inventory management system?

Inventory Management Software 97

Inventory Management Software Inventory Management Supply Chain Design Software Demand Planning Software 97

My Office Apps

MARCH 23, 2023

Cloud-based ERP Software: What Is It and How It Works? In order to grow in the highly competitive business environment of today, organizations need state-of-the-art technology that can help them innovate and scale quickly. This is where cloud-based ERP software and all of its benefits come into play.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Management Software Supply Chain Network Software Optimization Software 98

Logistics Viewpoints

AUGUST 22, 2022

LIFO matches the rising price to acquire inventory against revenues. In times of high inflation, LIFO alleviates the “inventory profit” that would result if old inventory, purchased at a lower price, was used to calculate profits. We’re achieving significant savings in the procurement of goods.”

Supply Chain Planning Software 218

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 218

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. Cost reductions in food manufacturing can be achieved by using food manufacturing software that improves ordering processes and minimises overstocking of expensive raw ingredients. Why your food inventory management system is going stale.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

Unleashed

OCTOBER 6, 2021

Here we explain how you can do this with 16 cost reduction strategies in inventory management?that Consider Vendor Managed Inventory One way to save costs in inventory is to shift the responsibility of its management to your suppliers using a VMI system.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

DECEMBER 12, 2024

– Technology Evolution Outpaced Adoption. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. Expect greater variability in lead times and an increase in in-transit inventory. Inventory Management.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

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 19

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 19

SYSPRO Smarter ERP

MARCH 9, 2022

When it comes to selecting software for the enterprise, decision-makers must choose between multiple solutions. This may include choosing software for managing the enterprise (an ERP system), for supply chain management (SCM) or for customer relationship management (CRM). What is ERP?

Supply Chain Planning Software 119

Supply Chain Planning Software Manufacturing Procurement Supply Chain Software Procurement Solutions 119

SYSPRO Smarter ERP

AUGUST 17, 2022

Manufacturers and distributors can optimize their inventory management using some of the latest emerging technologies, including machine learning, data analytics, artificial intelligence, and cloud computing. Using proven inventory management processes, supply chain design, and planning helps optimize your stock.

Optimal Sourcing 105

Optimal Sourcing Inventory Management Software Inventory Management Optimization Software 105

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. The solution was too black box.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Logistics Bureau

AUGUST 2, 2021

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Supply Chain Shaman

JANUARY 2, 2023

” The next call was with a technology provider. The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. Models Matter.

Supply and Demand 373

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 373

SYSPRO Smarter ERP

MAY 10, 2022

To handle all these different aspects of the business, an ERP system can deliver significant benefits in making sure operations and processes run efficiently. This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Solutions Optimal Sourcing Inventory Management Software 111

GlobalTranz

JANUARY 10, 2017

This unwavering drive represents the continued interest in advancing today’s capabilities with state-of-the-art technology and adaptability. From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

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 75

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 75

SYSPRO Smarter ERP

AUGUST 1, 2022

However, effectively dealing with these challenges and optimizing a manufacturing business’ processes is challenging without adopting and implementing a Bill of Materials (BOM) to accompany an organization’s ERP system. An ERP system uses the BOM to calculate the final costs of the product, calculating up from the lower levels.

Optimal Sourcing 111

Optimal Sourcing Inventory Management Software Material Savings Manufacturing Procurement 111

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Legacy systems:? Managing Inventory.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Logistics Viewpoints

OCTOBER 12, 2023

Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.” There were design principles used as the solution was built: Any design element must enable an improvement in freshness (shelf life) that the customer would receive.

Supply Chain Design Software 267

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 267

ThroughPut

JULY 4, 2024

No matter how familiar you may be with managing inventory manually or using multiple disparate systems, it’s not the most effective approach—especially when Artificial Intelligence (AI) and Machine Learning (ML) are already delivering phenomenal results across various other industries.

Inventory Management Software 52

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

GlobalTranz

FEBRUARY 17, 2016

If you do this with discipline daily, your computer system will output accurate data. You can eliminate physical inventories by cycle counting and sustaining the 98-99% accuracy for months. Keep Safety Stock to a minimum to avoid too much Safety Stock: if not managed effectively, this can add to the money invested in Inventory.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

SYSPRO Smarter ERP

APRIL 22, 2024

As your operation gets bigger, you will probably need to investigate potential upgrades for your systems. You lack visibility into your finances Inventory management is challenging and you either find yourself running out of material or overstocking your supplies, tying up cash.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Supply Chain Planning Software Optimization Software 105

ThroughPut

AUGUST 8, 2024

No matter what you do, it feels like your inventory is conspiring against you: always too much or too little, and it’s not just by chance that you find yourself in this familiar predicament. You’re likely here for one of two reasons: One, your inventory management strategy desperately needed an upgrade…yesterday.

Inventory Management Software 52

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