ToolsGroup

NOVEMBER 23, 2021

In the current climate, with severe supply shortages, companies are interested in optimizing for margin. You’re not powerless against supply chain disruptions! ? Download our ebook for practical guidance: 8 Winning Strategies for Managing Supply Shortages. Get your product portfolio in shape.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

Logistics Viewpoints

MAY 23, 2022

There have been massive supply chain disruptions since the pandemic began. These disruptions have driven up prices and led to shortages of goods. Congestion at ports has certainly played a role in these disruptions. I talked to Steve Dowse, the senior vice president of international solutions at FourKites.

Rail Software 246

Rail Software Supply Chain Visibility Real-time Visibility Supply Chain Planning Software 246

The Logistics of Logistics

OCTOBER 19, 2022

Marc is the Co-founder and CEO of Fishtail, a Boston based fintech company that empowers freight forwarders to finance the movement and procurement of goods – for small and medium businesses (SMBs) around the world. Marc is a serial entrepreneur, specializing in applying advanced artificial intelligence and IoT to the supply chain industry.

Optimal Sourcing 225

Optimal Sourcing Procurement Solutions Logistics Network Optimization Software Boston 225

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 91

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

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 80

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 80

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.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

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

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

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. RPA as it is also referred to, has the capability to transform supply chain management. Procurement.

Supply Chain Software 246

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

QAD

OCTOBER 26, 2023

Supply chain disruptions have led many discussions the past couple years — and how they have been embraced by experts as the new normal. However, it is important to remember that the supply chain has always been vulnerable. For example, parcel shipping software does much more than simply produce shipping labels.

Supply Chain Disruption 98

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 98

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. Even in indirect purchasing, giving suppliers more flexibility in how they meet requirements can increase savings and sustainability.

Procurement Solutions 130

Procurement Solutions Procurement Sourcing Strategies Purchasing Skills 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

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.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logility

MARCH 30, 2020

Looking back a few months, no one could have predicted the current state of the global supply chain. Although maybe we should have been better prepared, after-all this is not the first major supply chain disruption faced by most companies. Strategy One: Get a Better Handle on Supply Chain Data.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

Xeeva

OCTOBER 10, 2022

Insight Plum is a Procurement Technology firm based out of Dubai and is the world’s leading […]. The post Insight Plum & Xeeva Partner Showcase – Supply Chain Disruption, ESG in Procurement and Data Transformation appeared first on Xeeva.

Supply Chain Disruption 81

Supply Chain Disruption Procurement Solutions Procurement Supply Chain Software 81

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

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. OTR freight represents a long-standing aspect of supply chain operations and transportation management. As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

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

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

ToolsGroup

JUNE 10, 2022

Comprehensive employee scheduling software can go a long way if you’d like to emulate their methods for predictive maintenance. assortment planning software ?. When making purchase decisions, brands who demonstrate care for others can offer a competitive advantage. Discover the benefits of retail pricing software ?.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

QAD

APRIL 11, 2024

As I discussed in a recent article in Food Logistics, it’s a powerful tool for predictive analytics, demand planning and business forecasting that shouldn’t be overlooked. How is AI Improving Supply Chain Management? It’s safe to say that AI has long moved past buzzword status. The future, however, isn’t static.

Predictive Analytics 94

Predictive Analytics Predictive Analytics Software Supply and Demand Supply Chain Disruption 94

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Still, there are several technologies that are transforming supply chains for the organizations that adopt them. Cloud technology allows organizations to combine all supply chain and logistics information into a single, central solution.

Supply Chain Planning Software 298

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

ToolsGroup

JANUARY 16, 2023

Over the past 24 months, many retailers were caught between the dual forces of fast changes in consumer demand and supply chain disruptions. ToolsGroup’s innovative AI-powered solutions enable retailers, manufacturers, and distributors to navigate through supply chain uncertainty. About ToolsGroup.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Inventory Reduction Waste Reduction 156

GlobalTranz

APRIL 6, 2021

What is Supply Chain Resilience? Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Each disruption has its own nuances, so it’s challenging to plan a precise response to each one. Overall, U.S.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 84

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 84

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? Why is Vendor Relationship Management Important?

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

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 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

Precoro

JANUARY 29, 2024

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation.

Procurement Solutions 82

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 82

QAD

MAY 23, 2023

ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 98

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 98

Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement Analytics 95

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 95

Logistics Viewpoints

MAY 3, 2023

At the ARC Industry Leadership Forum in February, I had the opportunity to sit down with John Delligatti, Director of Digital Supply Chain Transformation at SDI , to discuss the pandemic, Maintenance, Repair and Operations (MRO), and the future of supply chain management.

Supply Chain Design 190

Supply Chain Design Supply Chain Planning Supply Chain Supply and Demand 190

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. It’s challenging for logistics providers to keep up, even in perfect supply chain conditions. But, as we know, supply chain conditions were far from perfect in 2020 and 2021.

Logistics Network Optimization Software 213

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 213

Logility

OCTOBER 21, 2021

In light of both compliance standards and consumer preferences, non-sustainable supply chains create business risks, including higher chances for reputational damage and supply chain disruptions due to ecological collapses or international embargos. Avoid supply chain disruptions.

Optimal Sourcing 207

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 207

ToolsGroup

APRIL 20, 2022

ToolsGroup digital supply chain planning and optimization is now available as a Microsoft Dynamics 365 business application. With the availability of ToolsGroup’s fully automated planning and optimization engine, Dynamics 365 customers can guarantee product availability and right-size inventory across the end-to-end supply chain.

ToolsGroup 31

ToolsGroup Supply Chain Planning Software Optimization Software Modeling 31

Logistics Viewpoints

JANUARY 11, 2023

Supply chain disruptions have brought about an age of innovation. While time slot management applications work as a stand-alone application, it is more valuable when it is integrated into with other applications on a common platform such as warehouse- and yard management or visibility solutions.

Logistics Network Optimization Software 253

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 253

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 75

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 75

ToolsGroup

JULY 19, 2023

Supply Chain Digital Twins: Why You Need Them As supply chain disruptions seem to be here to stay (and increasing in amplitude), planners across industries are looking for ways to make more accurate planning decisions – and digital twins are a great tool for that. Big, clunky, siloed, and out-of-date data.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295