Remove Inventory Remove Knowledge Base Remove Procurement Analytics
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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

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?

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Time for a Supply Chain Metrics Cleaning

Logility

Ask yourself, “Are your supply chain metrics bogging you down?” ” To manage a supply chain containing complex dependencies between teams, departments and partner companies across international boundaries requires a rich set of metrics. Functionally isolated metrics lead to sub-optimized supply chain performance.

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Artificial Intelligence: Try It You’ll Like It

Enterra Insights

This system ushers in a new era of AI-enabled management science by merging cutting-edge analytical techniques with a business’ data and knowledge to Sense, Think, Act, and Learn ® on enterprise data to meet the changing needs of the market. You can watch a concept video by clicking on this link.

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9 Critical ERP Features for Discrete Manufacturers

OptiProERP

Inventory Management. Having the right inventory on hand to build your products is crucial. At the same time, you don’t want to have too much inventory, as that results in carrying costs and waste. It should track the status and location of every inventory item. Supply Chain Management.

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E-Invoicing Software Solutions and Tips on How to Select the Best One

Precoro

This model is also expected to become more popular among users due to easy scalability and the establishment of efficient networks between various suppliers and clients. Companies can then tie their e-invoicing to the management of purchase orders , receipts, supplier relationships , and spend control , for example.

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How to Choose Bill of Materials Software

Unleashed

Integration with other systems Cloud-based BOM software often integrates seamlessly with other enterprise systems such as Enterprise Resource Planning (ERP) inventory systems , accounting software, and CRM tools for a cohesive and streamlined process. Cost over time. Data migration issues.

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7 Basic Types of Supply Chain Risks

Precoro

Internal supply chain risks are related to the company's own operations, for example, inefficient purchase order approval workflow or inaccurate budget estimates. Supply chain risk management is one of the top priorities of procurement professionals. Mitigation strategies Adjust inventory levels.