Logistics Viewpoints

OCTOBER 17, 2024

They are no longer just vendors of goods and services. Below is a checklist of key actions to follow: Dedicate Time to Supplier Relationships Reallocate time and prioritize direct engagement with key suppliers. For instance, suppliers may have strong Vendor Management process expertise that will help reduce working capital.

Manufacturing Procurement 248

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 248

Supply Chain Shaman

NOVEMBER 11, 2020

Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. They are just too risky. Sniffing opportunity, the venture capitalists are like sharks in the water. I forecast that this interest will grow and the market is going to become more confusing.

Supply Chain Design Software 304

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 304

Logistics Viewpoints

DECEMBER 12, 2022

Supply chain planning is not just for the big boys. Myers Industries Implements John Galt Solutions. They also are also one of the largest distributor in the US of tools, equipment and supplies for the tire and wheel service industry. Mr. Baker spent over 34 years leading procurement teams at The Dow Chemical Company.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 228

Logistics Viewpoints

MAY 13, 2024

Coupa is a supplier of spend management solutions. She knew the company was innovative; after all, Coupa created a new software enterprise category: business spend management. She knew the company was innovative; after all, Coupa created a new software enterprise category: business spend management. What an opportunity!”

Procurement Solutions 252

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 252

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. Doing so safely requires having access to the right data, and the tools and technologies to act on it. Balancing New Priorities Makes Procurement More Valuable. But cost reduction is no longer sufficient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

Supply Chain Shaman

JULY 1, 2014

Over the course of the last two decades, we have seen two evolutions of Supply Chain Planning (SCP) software. These first solutions were on the mainframe and with migration to client-server architectures. We now know that focused, Best-of-Breed solutions delivered greater value. New forms of software provide new opportunities.

Supply Chain Design Software 318

Supply Chain Design Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 318

Logistics Viewpoints

DECEMBER 17, 2024

Similarly, modern TMS solutions need to proactively quantify sustainability metrics to achieve the multi-faceted goals of todays supply chains. Companies should evaluate it alongside cost, lead time, on-time delivery, and capacity utilization.

Supply Chain Planning Software 161

Supply Chain Planning Software Procurement Solutions Supply Chain Software Cost Reduction Strategies 161

The Logistics & Supply Chain Management Society

OCTOBER 10, 2022

The New and Game-Changing Technology Solutions Redefining Last-Mile Logistics. From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supply chain as they pull the complete gamut of products to where they reside. That’s an 87.5%

Logistics Network Optimization Software 242

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Procurement Solutions 242

Precoro

JULY 29, 2024

Procurement operations are no exception. Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study.

Procurement Solutions 83

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 83

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. The output was just not helpful. Also, the solutions lacked flexibility. No company interviewed was able to successfully use their current what-if solutions to model pandemic impacts.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 285

ivalua

DECEMBER 8, 2020

Procurement’s stature has grown during the COVID-19 crisis as costs, cash flow and supply continuity quickly became top boardroom priorities and homepage news. Across the world, procurement leaders have risen to the challenge. People should be thankful, and procurement practitioners proud. Examples abound.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Negotiating Skills Purchasing Skills 130

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson went onto explain that during COVID, “we, along with a lot of other companies in the world, were just in a constant firefighting mode. BD, was using a supply chain risk management solution.

Supply Chain Visibility 232

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 232

My Office Apps

DECEMBER 7, 2023

Boost Your Business Profits with Efficient Procurement and Inventory Management Software Are you searching for ways to enhance your business’s profitability? One area with significant potential for improvement is procurement. You can evaluate supplier performance based on on-time delivery, quality of goods, and pricing.

Inventory Reduction 105

Inventory Reduction Inventory Management Software Cost Reduction Strategies Optimal Sourcing 105

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supply chain design solution. The supply chain design solution, for example, continues to grow in depth and usability.

Supply Chain Design Software 232

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 232

ivalua

FEBRUARY 25, 2021

Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. This could be why, according to Forrester, 82% of organizations regret their software selection within 12 months.

Supply Chain Planning Software 221

Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software Supply Chain Software 221

Supply Chain Shaman

JANUARY 21, 2014

However, over time, they slowly feel comfortable. It takes time. Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Often we shelve them to allow our feet to recover. They become a part of our wardrobe. Learning to speak a new language is similar. Confusion reigns.

Supply and Demand 327

Supply and Demand Modeling Demand Planning Software Forecasting 327

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. Over the years, cost and efficiency ruled the supply chain agenda.

Manufacturing Procurement 244

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 244

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. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

ivalua

APRIL 13, 2021

In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. Supplier-led innovation can help increase margins, accelerate time to market and differentiate products/services to capture market share.

Procurement Solutions 130

Procurement Solutions Procurement Sourcing Strategies Purchasing Skills 130

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 292

Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time.

Procurement Solutions 91

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 91

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 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 90

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 90

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. But procurement is one of the most integral parts of running an operation.

Procurement Solutions 101

Procurement Solutions Supply Chain Software Inventory Management Software Optimal Sourcing 101

Logistics Viewpoints

MAY 19, 2022

Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines. Work planners previously did manually can be calculated by software. But advances in this area have two limitations – the software itself and our ever-changing world.

Optimal Sourcing 266

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 266

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 186

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 186

Supply Chain Shaman

JUNE 23, 2020

” Or, “If you need an answer, implement my solution.” This type of response is just not helpful. Grounded during this pandemic, and unable to interact with clients in person, I try to write 3,000 words a day. Morning after morning, fueled by good black coffee, I type away. ” When this happens, I sigh.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 293

ivalua

SEPTEMBER 28, 2020

My journey in Accounts Payable started back in 1998, when I worked on my first Accounts Payable automation solution combining scanning, OCR and workflow. After this came the next AP Automation project, and ever so slowly, innovation just became the norm, now it’s legacy Invoice Processing.

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

ivalua

JANUARY 24, 2022

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Data 130

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. The percentage of purchased goods emissions by suppliers with science-based targets.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

Logistics Viewpoints

MARCH 4, 2021

Remember those times when we used to stroll down the block and find local stores such as the mom-and-pop diners and get the chance to relish the coziness and sense of family environment there. Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 278

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. Procurement. Purchase Order Management. This reduces costs, errors, and inefficiencies.

Supply Chain Software 246

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

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

ivalua

MARCH 30, 2022

Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted. These teams were able to quickly communicate and negotiate with their key suppliers to establish a “supplier of choice” solution. . Learning from Supplier Relationships.

Procurement Solutions 130

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 130

Precoro

NOVEMBER 11, 2024

For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it.

Pricing Training 90

Pricing Training Expense Reduction Price Reduction Cost Reduction Strategies 90