ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Let’s start with their business model and current challenges. There are interesting challenges within the AmRest business model at the supply chain level.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Let’s start with their business model and current challenges. There are interesting challenges within the AmRest business model at the supply chain level.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

Logistics Bureau

DECEMBER 9, 2020

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

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. Using Analytics In the World of Gray.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

Resilinc

FEBRUARY 16, 2021

Predictive analytics tool leverages AI to identify how a supplier will perform by analyzing past events and on-time delivery data. We’re pleased to announce the launch of our Predictive Purchase Order (PO) On-Time Delivery solution.

Procurement Solutions 62

Procurement Solutions Procurement Analytics Predictive Analytics Software Predictive Analytics 62

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. The data, which is reported on the EcoVadis platform, highlights the supplier’s emissions.

Resource Reduction 256

Resource Reduction Material Savings Supply Chain Planning Software Procurement Analytics 256

Logistics Viewpoints

AUGUST 28, 2024

These passports document all aspects of the life cycle – from the sourcing of raw materials to final disposal or recycling. Information must be collected at each stage of a product’s life, including material sourcing, energy use, and environmental impact. What Components Comprise a Digital Product Passport?

Optimal Sourcing 253

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 253

Enterra Insights

JULY 30, 2021

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. ”[2] Were that survey conducted today, I suspect an even larger number of consumers would report losing confidence in the supply chain.

Purchasing Skills 100

Purchasing Skills Procurement Solutions Procurement Analytics Supply Chain Software 100

ThroughPut

MAY 22, 2024

An effective ERP manages day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. This provides a single source of truth and enables better coordination and communication across the supply chain.

Supply Chain Planning Software 98

Supply Chain Planning Software Resource Reduction Optimal Sourcing Resources 98

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. Real-time inventory management- powered by AI, increases your procurement team’s visibility into available inventory.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Optimization Software Prescriptive Analytics Software 52

SCMDOJO

SEPTEMBER 24, 2024

It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity. Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. External sourcing adds supplier pricing, shipping, and handling fees.

Optimal Sourcing 97

Optimal Sourcing Analysis Material Savings Supply Chain Software 97

Synovos

JULY 24, 2023

This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally. A short video explaining RS’ ESG solutions is available here. RS is also aspiring to grow this range to 100,000 products globally by 2024/25.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

ivalua

APRIL 7, 2022

Below, we’ve summarized Day 1 and Day 2, but stay tuned for video recaps and more photos from Paris! Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. Leader Forrester Supplier Value Management Platforms, Q1 2022. Audrey Izard, L’Oréal .

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported having a clear overall plan for digital transformation. The Improved Way.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation.

Agile and Lean Supply Chain 286

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 286

Unleashed

NOVEMBER 26, 2023

This enables you to better understand your purchasing needs, instantly, without having to perform a manual count of every item first. Unleashed also automates repetitive manual processes involved in the management of goods, from populating a purchase order to reporting on multiple sales channels. Who is Unleashed software for?

Inventory Management Software 52

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

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Slimstock

MARCH 26, 2019

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Improve Inventory Insights.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

NC State SCRC

DECEMBER 9, 2015

After highlighting some of the results from the IBM study I worked on this past fall on procurement analytics, I introduced Rich Hughes, former Chief Procurement Officer from Procter & Gamble. We needed to digitize as many of our source to pay processes as we possibly could. We don’t do enough of that!

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Analytics Software 40

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Reliance on a few suppliers How you procure and manage your suppliers will impact how they perform.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. Provide Discounts on Worthy Purchases. Know When to Reinitiate RFPs to Get Better Shipping Costs.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

Unleashed

JANUARY 29, 2024

It helps to reduce your inventory costs , improve operational efficiencies, enhance customer experience, and increase your sales and profit margins. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Resilinc

MARCH 26, 2024

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. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

Modeling 107

Modeling Supply Chain Risk Management Modeling Software Risk Management 107

Supply Chain Game Changer

NOVEMBER 6, 2018

Video Source: [link]. Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. And problems in harvesting, quality standards, storage, shipping costs, and handling all create food waste. Table Source: [link]. ” Source: [link].

Waste Reduction 59

Waste Reduction Food Supply Chain Planning Software Video 59

Unleashed

JUNE 28, 2024

The best ERP software for manufacturers offers real-time data processing and reporting features. For example, we determined that the best ERP for manufacturing should offer functionality around real-time data analytics, inventory management, process automation, supply chain planning, and production scheduling.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 52

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported having a clear overall plan for digital transformation. The Improved Way.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. In contrast, finance flexes inventory up and down in less mature organizations to manipulate cash flow for either investor reporting or bonus incentives. Definition of Form and Function of Inventory: Source Supply Chain Insights.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Logility

MARCH 24, 2021

The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. You need to examine revenue, cost and margin impacts of every scenario under consideration.

Supply Chain Planning Software 173

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 173

ToolsGroup

DECEMBER 14, 2021

Cyber Monday revenue – a reliable ecommerce performer year-over-year – showed mixed results pending the source, with an overall promising outlook. Supply Chain Shortages Impacted Consumer Purchases. Quick – if I was to ask you what the hottest selling video game console was on Black Friday, what would you guess? year over year.

Retail 156

Retail Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 156

Supply Chain Game Changer

JULY 2, 2019

This interview is with Kristie Syndikus, VP of Procurement at Maple Leaf Foods. It was very easy to see early on that Kristie had a great aptitude for Procurement and Sourcing. Kristie Syndikus, VP Procurement at Maple Leaf Foods. Mistakes & set-backs are the great source for development opportunity.

Manufacturing Procurement 48

Manufacturing Procurement Procurement Analytics Purchasing Skills Procurement 48

ivalua

OCTOBER 28, 2022

There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . Total estimated infrastructure bill allocations: Source. A Path Forward.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Procurement Analytics Tools 130

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

RFgen

JUNE 30, 2023

Yet the reality is, 74% of respondents to the Digital Inventory Report reported that are not yet leveraging sufficient software means to streamline inventory management. Essentially, an ERP helps organizations run their business by acting as a single source of truth. Reasons include cost, complexity, and fear of change.

Inventory Management Software 78

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 78

Unleashed

MARCH 22, 2022

Play Video. Only a third of consumers report that they are happy with current NoLo offerings – meaning there is still huge potential in the market. As your NoLo business grows, a B2B eCommerce store means customers can browse and purchase goods at any time of day.

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

NC State SCRC

SEPTEMBER 23, 2016

IBM hosted a roundtable for the Center for Advanced Purchasing Studies, with executives from P&G, US Steel, CB&I, Mastercard, and others attending. In that session, Dan Carrell from IBM shared a number of key perspectives that is driving IBM to diversify into the world of analytics.

Optimal Sourcing 40

Optimal Sourcing Big Data Procurement Analytics Procurement Solutions 40

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. Video: Shipping from multiple warehouses with Unleashed Software.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80