Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 218

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 218

Logistics Viewpoints

OCTOBER 17, 2024

Adopt a Holistic Direct Spend strategy Move beyond isolated tactics and adopt a holistic, approach to direct spend that integrates sourcing, contract management, procurement and invoicing. This means involving procurement in the highest levels of strategic planning and decision-making.

Manufacturing Procurement 243

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 243

My Office Apps

OCTOBER 21, 2024

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Why is Vendor Relationship Management Important?

Vendor Strategies 78

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 78

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. 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. They ended up with a solution from Everstream.

Supply Chain Visibility 228

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 228

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 74

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 74

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

Supply Chain Shaman

OCTOBER 17, 2023

This notice of the Rodanthe house purchase by the National Park Service was listed in my news feed above an article that Elliott Management Partners announced a confirmed 13.8% Software Survival in Battered Seas? This SPAC improved the management team’s pockets and gave E2open funds for a buying spree.

Supply Chain Planning Software 375

Supply Chain Planning Software Supply Chain Software Procurement Solutions Eliminating Excel in Purchasing 375

Logistics Viewpoints

JANUARY 11, 2023

Unlike some of the other trends articles we have covered at Logistics Viewpoints, which take a deeper dive into technology and application specific trends, this article looked at the top trends executives need to be paying attention to before their strategic planning meetings commence. Top Five Transportation Trends ; Chris Cunnane.

Logistics Network Optimization Software 249

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 249

Resilinc

DECEMBER 5, 2023

In this new multi-part blog series, we address the possibilities of supply chain AI and how new capabilities and machine learning algorithms are revolutionizing supply chain risk management (SCRM). This AI monitors disruptions happening at logistics waypoints and connects the dots back to historic disruptions and delays.

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75

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

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Business Spend Management Solutions are Networked .

Supply Chain Network Software 250

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 250

SCMDOJO

SEPTEMBER 18, 2023

In the dynamic landscape of supply chain management, precise terminology is paramount. 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.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

EC Sourcing Group

NOVEMBER 17, 2020

The importance of using supply chain management software is notable because of the importance of the supply chain itself. Read on to learn more about types of supply chain management software and how to pick the best type for your company’s needs. . Thus, you’ll see a lot of: eSourcing tools. Automated tools.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

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. Likewise, data scientists are long on the understanding of software approaches but short on understanding the business. The Palantir approach is not a good fit for the supply chain management market.

Supply Chain Design Software 307

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 307

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 Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

GlobalTranz

JANUARY 22, 2019

The state of the logistics industry is evolving. Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. The Top Logistics Trends that Will Impact Logistics Management in 2018?.

Logistics Network Optimization Software 182

Logistics Network Optimization Software Analytics Software Demand Planning Software Trends 182

The Logistics & Supply Chain Management Society

JUNE 30, 2022

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. Currently, I am leading the Global Forwarding Solutions (GFS) business of TVS SCS. Thereafter I played an integral role in the integration of EGL and TNT Logistics to form Ceva.

Supply Chain Design Software 130

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

Exiger Perspectives

FEBRUARY 14, 2023

A critical part of any supply chain is an effective and efficient supply chain risk management (SCRM) program. Without executive support, the SCRM program is likely to be under-resourced in terms of the appropriate skilled SCRM personnel and the appropriate SCRM technology and data to drive a holistic solution.

Supply Chain Risk Management 52

Supply Chain Risk Management Supply Chain Design Software Risk Management Supply Chain Software 52

Unleashed

DECEMBER 7, 2020

What is supply chain risk management? Supply chain risk management is the process of identifying and managing issues within a supply chain. ordinated approach to implementing strategies to manage both daily challenges and unique risks. Who needs to understand supply chain risk management?

Supply Chain Risk Management 76

Supply Chain Risk Management Supply Chain Planning Software Risk Management Supply Chain Design Software 76

Supply Chain Shaman

FEBRUARY 18, 2021

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. It will not be over soon. The reason?

Supply Chain Planning Software 288

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

The Logistics & Supply Chain Management Society

JUNE 10, 2021

The Evergreen shipping incident in the Suez Canal proved that logistics remains vulnerable. Vulnerabilities when exposed, are high risk – uncertain delays can create doubt in even the most loyal customer. Vulnerabilities when exposed, are high risk – uncertain delays can create doubt in even the most loyal customer.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 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

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. Over time, some enlightened people determined that this approach was limited and shortsighted given all of the other dynamics involved in sourcing and supplier management. Subscribe to Supply Chain Game Changer.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

OptiProERP

MAY 3, 2021

Enterprise Resource Planning (ERP) solutions are now a dime a dozen. It’s for this reason that careful attention is needed when selecting the right ERP software for your specific business requirements. There are several options of software solutions to meet your supply chain management needs.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Procurement Solutions Analytics Software 93

Exiger Perspectives

AUGUST 7, 2024

Acquisition of Cutting-Edge Parts and Logistics Intelligence Platform Brings XSB’s 100M+ Parts and 400M+ Parts Attributes Database In-House to Exiger WASHINGTON, DC. August 7, 2024 – Exiger , the market-leading supply chain and third-party risk AI company, announced the acquisition of logistics intelligence platform XSB.

Supply Chain Design Software 52

Supply Chain Design Software Modeling Software Supply Chain Network Software Analytics Software 52

Jaggaer

OCTOBER 24, 2024

Though the introduction of AI into our everyday lives is relatively new, its abilities meet critical needs, enhances efficiencies, and allows procurement professionals to avoid being bogged down by mundane tasks. Supplier Relationship Management (SRM) relies on understanding which suppliers are most critical.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Optimization Software Prescriptive Analytics Software 52

Logistics Viewpoints

FEBRUARY 25, 2022

FourKites , a provider of real-time transportation visibility solutions, has a big data set around transportation. Interos, a company providing supply chain risk management solutions, did an analysis of likely impacts on the global raw material and commodity supply chains. More than 450 firms in the U.S.

Price Reduction 229

Price Reduction Ukraine Russia Logistics Network Optimization Software 229

QAD

OCTOBER 22, 2024

Recently, on the Auto Supply Chain Prophets podcast , my co-host Jan Griffiths, a prior VP of Supply Chain at a major Tier 1, and I reflected on these dynamics as we discussed the critical importance of developing a collaborative yet rigorous approach to supplier management and performance. What is the solution? Start with the basics.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Supply Chain Planning 52

GlobalTranz

AUGUST 3, 2015

As your business grows, you supply chain software will need to expand. You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. 5 Pitfalls of Supply Chain Software Selection. #1:

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Procurement Solutions 120

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Precoro

JUNE 17, 2024

A supply chain is a logistical system consisting of the buying company and its partners, such as suppliers, delivery agents, and distributors, that encompasses the process of turning raw materials or goods into the final product and distributing them to customers. Let's look at the most common risks that can affect supply chains.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 89

Jaggaer

MARCH 23, 2020

This was all very well but unless you had a PhD in statistics or mathematics or an applied mathematics subject like risk management, analytics was not a whole lot of use to you; even if you could make sense of the complex algorithms, it was hard to work out which tools to apply.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Precoro

JANUARY 16, 2023

Spend management is a set of practices for controlling how a business spends money. Companies typically select supplementary software to help support this process. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors.

Procurement Solutions 76

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 76

Jaggaer

APRIL 22, 2019

Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Procurement at the pivot point. using a total cost of ownership strategy) and identify key risks (and related costs) to avoid.

Manufacturing Procurement 91

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 91

Unleashed

JUNE 7, 2024

This view helps you to identify and manage risks, improve efficiency, and ensure compliance with various regulations. This guide covers some of the latest strategies and supply chain mapping tools for effective supply chain management , helping you to achieve significant operational improvements.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Material Savings Inventory Reduction 52