Logistics Viewpoints

AUGUST 23, 2021

McKinsey, the global consulting firm, has done research and writing on supply chain collaboration. A SCCN is a collaborative solution for supply chain processes built on a public cloud – many-to-many architecture – which supports a community of trading partners and third-party data feeds. Networks Have Fistinct Advantages.

Optimal Sourcing 286

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 286

Logistics Viewpoints

OCTOBER 17, 2024

Access to Unique Process and Asset Capabilities: Some suppliers offer unique skills, technologies, or processes that are not available in-house or through other sources. This means involving procurement in the highest levels of strategic planning and decision-making. Moreover, this solution offers substantial value for suppliers.

Manufacturing Procurement 228

Manufacturing Procurement Supply Chain Planning Software Material Savings Supply Chain Design Software 228

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

DECEMBER 15, 2022

In my research, I find that the lack of alignment has a direct impact to value (operating margin and market price to book value). In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations. Functional Metrics.

Manufacturing Procurement 393

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 393

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Over the past 20 years, Nari has held VP and Director of Product Management, Research and Marketing roles at Aberdeen Group, River Logic, Steelwedge and E2open.

Manufacturing Procurement 196

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 196

Supply Chain Shaman

JUNE 23, 2020

I share insights, based on research, for the supply chain leader. I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. ” Or, “If you need an answer, implement my solution.” I am also developing a framework for my new book. Stay tuned.

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

ivalua

MARCH 9, 2023

A comprehensive Source-to-Pay platform is a critical component of an organization’s IT environment. It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?

Optimal Sourcing 130

Optimal Sourcing Purchasing Skills Sourcing Strategies Sourcing 130

Precoro

JULY 29, 2024

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. Keep reading to learn: What is an online procurement system? Let’s break them down.

Procurement Solutions 82

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

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Supply Chain Shaman

MAY 21, 2024

When I started this research project, I was busy. One of my lessons learned in completing survey-based research over the past twelve years, is that projects are full of surprises. Figure 2: AMR Research Hierarchy of Metrics First Published in 2005 Demand error is at the top of the Gartner hierarchy.

Procurement Analytics 346

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 346

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 87

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 87

Logistics Viewpoints

DECEMBER 18, 2024

Proactively adopting cleaner energy sources ensures alignment with these evolving regulations. The industry’s dependency on traditional energy sources necessitates an urgent shift toward cleaner alternatives. Investment in research and partnerships is crucial for scaling these solutions industry-wide.

Optimal Sourcing 189

Optimal Sourcing Material Savings Supply Chain Design Software Supply Chain Planning Software 189

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. How often do purchases happen?

Manufacturing Procurement 79

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 79

Kinaxis

NOVEMBER 5, 2018

Navigating the latest tariffs, and the resulting ripple effects on currencies along with fluctuations in labor costs make it increasingly difficult for companies managing complex multinational supply chains to make effective sourcing, purchasing and production decisions fast enough to stay competitive. So what’s the answer?

Research 147

Research Supply Chain Software Supply Chain Planning Software Purchasing Skills 147

ivalua

OCTOBER 13, 2022

However, the report, produced by Procurement Leaders in partnership with Ivalua, shows that only 31% of procurement professionals said they are satisfied or very satisfied with their organization’s current visibility over its supply chain. About the research. Ivalua is a leading provider of cloud-based Spend Management software.

Procurement Analytics 130

Procurement Analytics Procurement Solutions Supply Chain Planning Software Optimal Sourcing 130

Precoro

JULY 1, 2024

Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Group purchasing organizations can be the perfect way for these companies to increase cost savings. Learn how they work, their benefits and limitations, and how they fit in with procurement software.

Purchasing Skills 84

Purchasing Skills Procurement Solutions Procurement Analytics Negotiate Pricing 84

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets.

Supply Chain Planning Software 233

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 233

Logistics Viewpoints

APRIL 21, 2022

The results of the research are a good news, bad news story. On one hand, consumers expect to increase their online purchases post-pandemic. In the study on home delivery consumer sentiment, consumers stated that, during the pandemic, the portion of all purchases made online that required home delivery went from 35% to 46%.

Optimal Sourcing 220

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 220

Supply Chain Shaman

JUNE 16, 2014

The research that I have conducted has enabled me to look at this holistically. When I left AMR Research I invested over 400K in building a database of supply chain financial ratios to correlate supply chain results. After three years of research, I have just refined the methodology to start to pull the trends. (I

Supply Chain Design Software 286

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 286

Logistics Viewpoints

JUNE 1, 2023

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. They are more likely to shop for discounts and sales and may delay purchases of some items. In 2022 overall, U.S.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 203

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 274

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 274

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

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. Price Lookup and Comparison.

Supply Chain Software 246

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

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. 84% of buyers read the return policy before making an online purchase. 84% of buyers read the return policy before making an online purchase. According to the U.S.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 146

Supply Chain Shaman

NOVEMBER 21, 2022

As a developer working on the braking software of an automatic car for the past eight years, he constantly tells me that it is not easy, and all of the estimates are too waaaay too positive. Accept that existing advanced planning solutions (APS) are not sufficient. As shown in Figure 1, the reporting relationships vary. Next Steps?

Supply Chain Planning Software 297

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 297

ToolsGroup

JUNE 10, 2022

Image source: National Retail Association. Research shows that, in the current retail climate, customers value an emotional connection even more than they value customer satisfaction. Image source: Twitter. Image source: Ikea. assortment planning software ?. There really is no place like home.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

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. “There was not a lot of structure,” Mr. Henson explained.

Procurement Solutions 90

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 90

Logistics Viewpoints

SEPTEMBER 18, 2024

In this context, companies are looking for trusted solution providers that can help them design the most efficient plan and support them in the transition to ensure adoption of the new technologies. For solution providers, it offers insights into their market position, strengths, weaknesses, and growth opportunities.

Chemicals 165

Chemicals Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 165

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

According to research from McKinsey & Company, the supply chain dimension has the lowest level of digitization (43%) compared to other dimensions, including products and services, marketing and distribution channels, business processes, and new entrants at the ecosystem level.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

SCMDOJO

JULY 16, 2024

This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. We’ll delve into each challenge and explore potential solutions: 1. Transportation is a complex system, and even minor inefficiencies can have a ripple effect.

Optimal Sourcing 77

Optimal Sourcing Procurement Solutions Supply Chain Design Software Research 77

Logility

MARCH 2, 2021

A large body of research bears this out. For example, a Nielson poll found that 66% of adult consumers are willing to pay more for eco-friendly products and 50% of purchasing decisions are influenced by sustainability claims. Changing the Way Materials Are Sourced. In other words, greenwashing exists because green sells.

Sustainability 242

Sustainability Material Savings Supply Chain Software Manufacturing Procurement 242

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 89

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 89

SYSPRO Smarter ERP

JULY 12, 2022

As supply chain disruptions continue the procurement function should adapt to improve transparency, build collaborative relationships, and ensure sustainable sourcing practices, resulting in a stronger, more resilient supply chain with Cloud ERP for manufacturing. Strategic sourcing with Cloud ERP.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 105

ivalua

AUGUST 21, 2022

As a Procurement Leader, carbon neutrality by 2050 should be a central focus and Dr. Natacha Tréhan’s comprehensive research offers practical tips to get you on track. – Actions on the products and services purchased. – Actions on the products and services purchased. Lever 3: Use the Appropriate Digital Tools.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Material Savings Supply Chain Design Software 130

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105