SCMDOJO

APRIL 29, 2024

We’ll also delve into the importance of technology and data analytics in optimizing supply chain operations. It encompasses activities such as procurement, supplier selection, and evaluation. Efficient transportation systems minimize delays, reduce costs, and ensure timely delivery to customers.

Supply Chain Planning Software 83

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Supply Chain Software 83

Supply Chain Shaman

APRIL 9, 2021

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. During the pandemic, conventional planning systems were inadequate. Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. Despite spending 1.1%

Supply Chain Planning Software 363

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 363

QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

GlobalTranz

OCTOBER 6, 2021

As the state of the trucking market evolves and innovations improve , OTR freight management technologies and logistics service providers offer transportation management optimization to help businesses avoid significant supply chain disruption. Reducing Reliance on Outdated Systems and Technology .

Prescriptive Analytics Software 216

Prescriptive Analytics Software Analytics Software Optimal Sourcing Supply Chain Network Software 216

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

ThroughPut

MAY 3, 2024

That is why logistics management software (LMS) is so much more today than what it used to be. In this blog, we’ll tell you what the evolution of a LMS has been and what you should look for while choosing the best Logistics Management Software. What is Logistics Management Software And How Does It Work ?

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. A Blueprint for Demonstrating the value of Strategic Procurement.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Logistics Viewpoints

DECEMBER 14, 2021

To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. These technologies are often invisible to the end-user but make a big difference in keeping the promises about product availability, freshness, and speed of delivery.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Supply Chain Shaman

FEBRUARY 18, 2021

The systems–based on shipment and order data–were out of step with the market. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. Resist the temptation to place deeper analytics on top of existing data models. The reason? Next Steps.

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

EC Sourcing Group

JULY 26, 2022

Advanced analytics exceeds standard business intelligence (BI) using state-of-the-art technology and tools to create data asset information and real-time statistics. Read on to better understand of advanced analytics, their benefits, and how they will improve your sourcing outcomes. Examples of Advanced Analytics.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Predictive Analytics Sourcing Strategies 52

Elementum

FEBRUARY 7, 2024

AI-driven systems improve understanding and management of workflows. Defining Business Process Automation Business Process Automation (BPA) involves the utilization of technology to execute recurring tasks within an organization’s operations. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Viewpoints

JUNE 1, 2023

With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek. With the use of advanced technologies, planning decisions can also be automated.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

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. Key spend management suppliers include GEP, Coupa, and Jaggaer.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

ProcurePort

MARCH 31, 2021

What is the role of an e-procurement report? Where does analytics fit in for procurement teams? Reporting and analytics can highlight problems along the supply chain and provide solutions for procurement issues while giving direction for future efforts. How important are they for organizations?

Analytics Software 52

Analytics Software Analytics Procurement Report 52

Supply Chain Shaman

MARCH 21, 2024

The Company was attempting to gain economies of scale by grouping manufacturing technologies within a common infrastructure to reap the benefits of a co-generation facility, a centralized warehouse, and a talented administrative team. Engineers could sign up for hour-long blocks to use the new systems. Why Jump Now?

Inventory Reduction 406

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 406

Supply Chain Shaman

SEPTEMBER 28, 2022

Last week, after booking an additional $1B in unexpected supplier costs in the third quarter, the CFO led the company’s focus on restructuring to “support efficient and reliable sourcing of components and internal development of key technologies and capabilities.” What is the issue? These capabilities do not exist at Ford.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Design Software Network Design Software Supply Chain Planning Software 195

Supply Chain Game Changer

NOVEMBER 3, 2022

With the role of IT and the help of managed IT support providers like [link] , these modern systems enable you to secure your supply chain by automating time-consuming processes and upgrading data security measures. Procurement Management. As a result, you can eliminate paper-based processes and reduce errors due to manual data entry.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

Unleashed

APRIL 21, 2024

The first step in a standard order processing system is the verification of a customer order which often includes a check to confirm there is sufficient inventory available to fulfil the order. Tracking: Order tracking systems keep the customer updated on the journey of their purchase, ensuring transparency until the order is delivered.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

Logistics Viewpoints

JUNE 1, 2021

Promotion Management is defined as optimizing the utilization of tools, strategies, and resources to promote a product that will generate additional demand. This requires using advanced analytics to analyze historical demand patterns, link the demand peaks to the promotional offers, and adjust future forecasts based on planned promotions.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? In a quarter of cases, though, the change was prompted by the retirement of a legacy system.

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial? Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. It is based on a survey of 462 procurement decision makers at companies with 1,000 or more employees in North America, Europe, and Asia Pacific. About the research.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

GlobalTranz

NOVEMBER 30, 2021

When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. Analytics provides visibility into your transportation network and operations.

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

Supply Chain Shaman

OCTOBER 13, 2022

On this tour, I heard Jeff Ma, a former member of the MIT blackjack team, speak on the use of analytics to make better decisions in “beating the house.” The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. A focus on functional metrics throws the supply chain out of balance.

Supply Chain Planning Software 219

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 219

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. As the industry evolves and innovations improve, OTR freight management technologies offer?? Leveraging a 3PL’s relationships, people, processes and technology helps businesses balance supply and demand?volatility?and volatility?and

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. As with any analytics project, start small and work your way towards your goal.

Manufacturing Procurement 89

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 89

Precoro

JULY 16, 2023

These goals can be expressed as key performance indicators (KPIs) – relevant functional metrics that can be tracked regularly to make sure that the business makes purchases in an efficient way. We have selected 5 fundamental KPIs that purchasing managers should consider.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

ModusLink Corporation

SEPTEMBER 7, 2023

Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment. Technology Integration and Process Automation: Seamless integration of inventory management technologies enhances accuracy and efficiency.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment. Technology Integration and Process Automation: Seamless integration of inventory management technologies enhances accuracy and efficiency.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

ModusLink Corporation

SEPTEMBER 7, 2023

Beyond physical control, inventory management provides essential data and insights that enable informed decision-making in areas such as procurement and stock replenishment. Technology Integration and Process Automation: Seamless integration of inventory management technologies enhances accuracy and efficiency.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

Logistics Viewpoints

MAY 19, 2022

Work planners previously did manually can be calculated by software. But advances in this area have two limitations – the software itself and our ever-changing world. The promise of supply chain planning software has led leaders to chase the mirage of the perfect plan. The myth of the “perfect plan”.

Optimal Sourcing 228

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 228

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. AI-based tools already help automate routine tasks and assist decision-making processes across various sectors.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain Shaman

FEBRUARY 1, 2024

This is why I host training twice a year to challenge existing technology paradigms. He feels that based on his years of experience with a software provider, he has a whizzbang technology. Optimization engines to improve functional metric performance resulted in an exploding number of planners. Back to John.

Supply Chain Planning Software 347

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 347

Logility

AUGUST 15, 2023

According to Logility’s senior business consultant Hans Vethuizen, a dynamic supply chain planning journey calls for the right platform – a base camp supporting the needs of the entire supply chain planning process. Moreover, the platform casts a bright spotlight on the crucial benefits of visibility permeating the multi-tier supply web.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 130

Supply Chain Shaman

JANUARY 31, 2022

Current technologies and processes focus on volume trade-offs. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. The most significant barrier lies deep within the organization.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Supply Chain Shaman

DECEMBER 28, 2020

By combining leadership and technology, I believed that we had the opportunity to create a better supply chain. The gap is the result of the stewpot of corporate politics, misguided consultants, and over-hyped technologies. The SAS forecasting system implemented in 2019 was not tested for model accuracy. My focus was simple.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415