GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . on-highway diesel fuel prices are up $0.898 from the end of August 2020. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 204

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). In 2018, Rockwell Automation won the Supply Chains to Admire Award.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Shaman

FEBRUARY 16, 2024

Let’s start with the definitions: Graph AI uses Machine Learning on graph-based technology to understand the relationships between variables to drive insights. Graph technology leverages graph structures to represent and store data. We have this today in most supply chain planning solutions. Let’s have fun!

Supply Chain Planning Software 386

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 386

ToolsGroup

APRIL 1, 2022

Will the supply chain ever catch a break? With every link of the supply chain impacting businesses both large and small, keeping up with the globally disrupted supply chain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged Supply Chain.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ivalua

MAY 6, 2021

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Negotiating Skills Predictive Analytics Software 130

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Click here!

Optimal Sourcing 74

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 74

Talking Logistics

OCTOBER 29, 2013

As a participant in managing all or part of your company’s supply chain, you may know the pain of answering sometimes difficult questions. You could answer them with a purchase order (P.O.) You write an RFQ, screen candidates, create a short list, select the provider, and negotiate service requirements and a cost structure.

Pricing Training 146

Pricing Training Purchasing Skills Purchasing Training Supply Chain Planning Software 146

Precoro

AUGUST 26, 2021

Purchasing? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined. Purchasing.

Pricing Training 91

Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 91

Precoro

DECEMBER 24, 2024

Procurement AI enables teams to quickly process mountains of data, uncover hidden patterns, and automate repetitive tasks like invoice processing and supplier evaluations. AI in procurement refers to using advanced technologies to make procurement processes faster, more efficient, and data-driven.

Price Reduction 88

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 88

Precoro

DECEMBER 11, 2023

The dynamic landscape of modern business comes with increasing product variety and volatile prices, making it more important than ever to stay competitive on the market. To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing.

Negotiating Skills 84

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 84

SCMDOJO

JUNE 6, 2024

Do you dream of confidently navigating the ever-changing procurement world, not confused with what procurement training to opt for? The SCMDOJO Procurement Track isn’t just another training program – it’s your key to unlocking a commanding presence in the field.

Pricing Training 89

Pricing Training Negotiating Skills Buyer Training Optimal Sourcing 89

Supply Chain Shaman

DECEMBER 17, 2018

Located in the United Kingdom (UK), he has more than twelve years of experience in progressive roles driving demand-drive projects for their global supply chain. At the Supply Chain insights Global Summit , Nick shared his story on driving demand-based improvements. Understanding the Lubricant Supply Chain.

Demand Planning Software 254

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 254

Logistics Viewpoints

MARCH 1, 2021

The Introduction of Smokeless Tobacco Products Complicated Philip Morris’s Supply Chain. This was done at a stock keeping unit level and for the entire manufacturing supply chain. At the end of 2019 that supply chain covered 38 PMI owned factories, 28 third party manufacturers, and more than 180 markets.

Modeling 192

Modeling Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 192

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 Purchasing Training 90

Supply Chain Shaman

OCTOBER 7, 2012

Your supply chain needs to be agile too. The best supply chains are also designed for purpose. For the purpose of this discussion, I define agility as the design of the supply chain to deliver the same cost, quality and customer service given a level of both market volatility and process variability.

Supply Chain Design Software 231

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Inventory Reduction 231

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

Kinaxis

JULY 19, 2017

In reality, all this emerging tech, whether it’s turning your world upside down or not, is having a very real impact on how businesses manage their supply chains. He outlined eight emerging technologies that are most likely to drive dramatic changes across the CPG supply chain. Automate manual processes.

Supply Chain Design Software 279

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 279

Enterra Insights

JANUARY 6, 2022

There are several reasons the retail sector survived the pandemic — among those reasons were the adoption of omnichannel strategies and utilization of cognitive technologies (aka artificial intelligence (AI)). ” It was not always clear that cognitive technologies would find a home in the retail sector. .” and Wayfair Inc.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

Supply Chain Shaman

AUGUST 11, 2015

For the supply chain leader it is not a game… The stake is business continuity. Gamers do well in the world of supply chain. Designing value networks and managing what-if conditions is fundamental to managing supply chain risks. The move from global to regional supply chains increased risks.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 150

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

Governments have spent considerable time, effort and political capital negotiating such agreements. Others have simply never considered the use of FTAs, either for their existing supply chains or for planning new ones, based on their assumptions that they won’t help. It is not immediately evident why this is so.

Pricing Training 245

Pricing Training Negotiating Skills Purchasing Training Optimal Sourcing 245

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Identifying sources of Carbon emissions. These are classified into sources of emissions as Scope 1, Scope 2 and Scope 3. These are considered “indirect” greenhouse gas sources. Scope 3 emissions are the amount of carbon emitted by vendors and suppliers in your value chain, another indirect source.

Vendor Strategies 246

Vendor Strategies Purchasing Skills Pricing Training Optimal Sourcing 246

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

Procurement Solutions 81

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 81

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 103

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 103

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. From whom are we buying?

Manufacturing Procurement 79

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 79

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Here is what I expect to see next year: Global supply chain footprints will continue to expand.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Unleashed

JANUARY 11, 2021

Each link in the beer supply chain comes with its own issues and challenges. Post pandemic, evolving pressures will endure to disrupt the beer supply chain in 2021 and beyond. Beer supply chains will need to be flexible to adapt and survive the changes and challenges ahead. What is the beer supply chain?

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Demand Planning Software Forecasting Software 108

Precoro

JULY 29, 2024

In today’s digitalized world, more and more companies are moving away from paper and spreadsheet-based processes in favor of more accurate, simple, and efficient automation. However, with numerous e-procurement software vendors available, choosing the right tool can be overwhelming. Let’s break them down.

Procurement Solutions 82

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 82

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 72

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 72

Resilinc

MARCH 26, 2024

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI.

Modeling 109

Modeling Supply Chain Risk Management Modeling Software Risk Management 109

Precoro

JUNE 17, 2024

With new products constantly entering the markets and increased availability of international trading, supply chains are now more complex than ever before. Functional supply chains are essential for businesses to succeed, so stakeholders prioritize ensuring their stability. What Are Supply Chain Risks?

Supply Chain Planning Software 89

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

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

Unleashed

OCTOBER 12, 2022

In the past couple decades, businesses have increasingly woken up to the extraordinary benefits of ERP software – particularly since it moved to the cloud. In this ERP pricing guide: Quick recap: What is ERP? Supply chain management. Process automation. But what does ERP cost for an SME? Inventory management.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Pricing Training 98

GlobalTranz

AUGUST 7, 2015

Big data utilization is the wave of the future for all aspects of business including supply chain management. There are several direct and indirect benefits to using big data analytics for your supply chain. The main benefit of big data analytics regarding supply chain management is customer service.

Big Data 120

Big Data Analytics Software Predictive Analytics Procurement Analytics 120

ivalua

JUNE 1, 2022

When it comes to estimation-based forecasting, Amrest has been able to capture some data, but they need to have the right tools in place to effectively utilize their data sets. Although Amrest utilizes a sourcing process, the liquidity gap blocks past analyses and data. .

Optimal Sourcing 130

Optimal Sourcing Negotiating Skills Negotiate Pricing Sourcing Strategies 130

Supply Chain Shaman

NOVEMBER 6, 2016

Regional supply chain companies are attempting to define global requirements. They are well versed in requirements for regional supply chain planning, but they are attempting to redefine their processes and be more global. Success in Supply Chain Planning Is a Flip of a Coin. There is no one right answer.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Scenario Planning 150

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, Predictive AI has been used in numerous unique applications outside the supply chain.

Predictive Analytics Software 93

Predictive Analytics Software Supply Chain Planning Software Modeling Supply Chain Software 93