ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low.

Manufacturing Procurement 164

Manufacturing Procurement Procurement Analytics Procurement Solutions Purchasing Skills 164

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? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

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. million over the next two years to digitize more of the procurement function.”.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Supply Chain Shaman

FEBRUARY 18, 2021

The Covid-19 pandemic tested the global supply chain. Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models. Instead, rethink the model and the approach. What are functional metrics?

Supply Chain Planning Software 315

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 315

Supply Chain Shaman

SEPTEMBER 22, 2021

Recently, I hosted the Supply Chain Insights Global Summit. At the end of the presentation, I asked Allyson her perspective on open source analytics. My question was, ” Would the world of Python, R, and NoSQL offer for an improved modeling environment with a digital twin deployment. Using Analytics In the World of Gray.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

Eyvo

SEPTEMBER 28, 2021

Managing procurement processes and supply chains can be strenuous for many organizations. Resilient supply chains and efficient eProcurement software are what make the recent trends in procurement complete. Resilient supply chains and efficient eProcurement software are what make the recent trends in procurement complete.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Analytics Software Supply Chain Software 52

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. The metrics that underpin MRP could be described as the balls in this juggling act. This article takes an in-depth look at the crucial metrics every supply chain professional needs to know.

Procurement Analytics 82

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 82

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

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. Simple sourcing takes less time to execute and requires fewer resources to plan, but can cost more down the road.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer?

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

ThroughPut

MAY 3, 2024

It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Procurement Solutions 52

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

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. As companies grappled with growing and achieving global scale, the organizations became larger. Focus on Cost. Focus on Cost. The gaps between commercial and operational teams grew.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Regional companies outperform global brands in all but two industries in the market. Global companies with stable brands struggle to drive improvement, but ironically, we speak of best practices. Or planned orders to purchase orders?) ” Anna, this blog post is for you.

Supply and Demand 412

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 412

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Price Reduction 49

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The myth of the “perfect plan”.

Optimal Sourcing 229

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 229

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

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? ” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.).

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. As companies grappled with growing and achieving global scale, the organizations became larger. Focus on Cost. Focus on Cost. The gaps between commercial and operational teams grew.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

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. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. One of my favorite supply chain leaders has a stack of Palantir reports in black binders on his desk. Kinaxis Purchase of Rubikloud. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase.

Supply Chain Design Software 334

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 334

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Supply Chain View from the Field

AUGUST 24, 2015

The team will assist the Austin’s with a transition plan and identify metrics (and record keeping needed for these metrics) so that the Austin’s and other transitioning dairies have a heightened chance of success as they move from suppliers of raw milk, to small businesses producing finished dairy products for sale.

Procurement Analytics 60

Procurement Analytics Analytics Software Analytics Manufacturing Procurement 60

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

Manufacturing Procurement 73

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 73

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.

Supply Chain Planning Software 194

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 194

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. transportation metrics ?that Download the White Paper: Over the Road Freight Management Trends. continued growth and success.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Jaggaer

OCTOBER 8, 2019

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 40

EC Sourcing Group

MAY 28, 2020

What Are the Goals of Procurement Management? The goals of procurement management are generally to acquire goods and services with the highest quality at the lowest cost to create an end product. For instance, every purchasing department wants to lower costs and be more productive, so these are concrete goals. .

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Procurement 52

Logistics Viewpoints

OCTOBER 19, 2023

Months went by, but we were in the thick of the pandemic, with global supply chains under immense pressure, so I just assumed materials shortages were to blame. Supply chain leaders from planning to procurement to logistics face labor shortages and cost concerns, so they want to reduce workforce time spent on manual activities.

Supply Chain Planning Software 226

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 226

Logistics Viewpoints

AUGUST 5, 2021

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping.

Supply Chain Planning Software 299

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 299

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. Procurement and transportation operated as islands. As the supply chains became more sophisticated with global operations, a need grew for more complex requirements. Stay tuned. The need is there.

Supply Chain Design Software 304

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 304

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers.

Procurement Analytics 50

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 50

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

Price Reduction 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52