GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. Thus, more companies replaced antiquated enterprise resource planning systems, as explained in another GT Nexus report, with an easy-to-integrate solution, such as the Cerasis Rater.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Supply Chain Network

AUGUST 6, 2012

According to the latest American Shipper benchmark survey, transportation spending increased in 2012 – according to 75 percent of respondents – remaining unscathed by budget cuts. Shockingly, though, companies are failing to invest in the necessary procurement tools to manage spend and optimize their transportation networks.

Optimal Sourcing 92

Optimal Sourcing Procurement Solutions Supply Chain Planning Software Procurement Analytics 92

MIT Supply Chain

JUNE 13, 2013

A new tool enables procurers to negotiate product prices without bargaining away supplier goodwill. When bargaining with suppliers over a product price, how can procurement professionals secure the best deal without damaging a valued relationship by being overly aggressive? Fair deal. Identify the sub-parts.

Negotiate Pricing 78

Negotiate Pricing Negotiating Skills Purchasing Skills Manufacturing Procurement 78

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. Now you can obtain transportation services where you already operate as well. Benchmarking and analysis. Why supply chain connectivity is important. In 2022, C.H.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. forklifts, pallet jacks) Packaging materials Transportation within the facility By implementing lean strategies into your processes, you can reduce your holding costs and improve operational efficiency in one fell swoop.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

ThroughPut

FEBRUARY 2, 2024

Sluggish vs Optimized Transportation and Logistics Without Advanced Analytics : Logistics operations may operate on static routing and scheduling, not accounting for variables like traffic, weather, or sudden changes in demand. This can lead to delays, increased costs, and inefficient use of resources.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Talking Logistics

APRIL 24, 2017

based companies have a supplier sustainability scorecard that they may use in their purchasing decisions, and another 23% are developing one. One of the easiest ways to get started is by investing in a Transportation Management System (TMS). A core capability provided by most TMS solutions is route planning. In fact, 22% of U.S.

Optimal Sourcing 116

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 116

EcoVadis

APRIL 14, 2016

What an immense showing of commitment to sustainable procurement we witnessed Tuesday for Sustain16! Over 350 participants and speakers from almost every industry from chemicals to film production to air transportation to FMCG and everything in between. Collaboration is the high-yield Investment.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 40

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. It is the main measurement benchmark in measuring supply chain performance, isn’t it? Transportation is measured just as a cost rather than what it does for the rest of the organization. We still focus on costs. Read more.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. 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

Supply Chain Shaman

AUGUST 16, 2015

Infor–a market consolidator of enterprise software–currently has revenues of $2.8 On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. Then, F&B businesses can transform diverse information from sales, production, finance, marketing, transportation, and procurement into one comprehensive business plan.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Supply Chain Game Changer

FEBRUARY 27, 2019

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. This may include the devotion of resources to maintain operability, use of cloud-based tools and more. Procurement departments must take the full burden of ensuring supplier consistency. Transport Loss.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 139

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 139

EcoVadis

JULY 19, 2019

Responsible purchasing programs are proving to be key drivers of financial value. Over the past year, we’ve seen significant growth in sector initiatives, in which participating companies within the same industry leverage sustainability performance management tools together to share information and best practices.

Sustainability 40

Sustainability Pharmaceutical Supply Chain Design Software Material Savings 40

Supply Chain Opz

NOVEMBER 9, 2014

The Lean journey should focus on straightforward activities that everyone can see and understand because the tools take on a life of their own, causing the operation to lose sight of the simple goal of waste elimination. Work with your broker to see if you can get priority on unloading the ship and inland transport.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

BlueYonder

AUGUST 28, 2017

Elaborate solutions to these problems can undoubtedly be brought to the fore, but success will not likely be defined by effectively delivering point solutions, rather, it will be defined by the ability to deliver an agile and scalable framework of capabilities that can aggressively respond to emerging trends. Workforce Optimization.

Optimal Sourcing 44

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 44

BlueYonder

AUGUST 28, 2017

Elaborate solutions to these problems can undoubtedly be brought to the fore, but success will not likely be defined by effectively delivering point solutions, rather, it will be defined by the ability to deliver an agile and scalable framework of capabilities that can aggressively respond to emerging trends. Workforce Optimization.

Optimal Sourcing 40

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Supply Chain Software 40

Precoro

FEBRUARY 27, 2023

After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Logistics Bureau

DECEMBER 3, 2017

SCLA focuses on the practical knowledge necessary to succeed in real-world supply chain management, and therefore is not heavily laced with academic theory, although of course all key concepts, models, and tools are explaine d as part of the program content. Warehouse and logistics performance management, measurement, and benchmarking.

Education 40

Education Purchasing Skills Buyer Training Supply Chain Design Software 40

ShipBob

APRIL 15, 2024

Specifically, GMROI measures how much profit you generate from every dollar you invest in your inventory purchases. It also factors in other expenses involved in holding, maintaining, and preparing inventory for sale, such as inventory storage , transportation, labor, and marketing. a good result, or a bad one? for every dollar spent.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Logistics Bureau

APRIL 8, 2016

If not, this might be the right time to invest in a suitable (IT) solution, because these data will change and you will need them again to maintain and consolidate cost savings later. To get an idea of the return on such an investment, consider these figures from Benchmarking Success. billion compared to $274.5 billion, for 2013).

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Expense Reduction 40

20Cube Logistics

DECEMBER 8, 2020

With that, they are setting new benchmarks for other industries. The whole process and transaction from purchase order to delivery and from quote to receipt is recorded, generating a huge amount of data. How did it all start? Two more technologies that are creating waves are Big Data and Data Analytics.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software Analytics Software Predictive Analytics Software 52

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ). Even if the category manager had time to do it, I want them to be more strategic in their focus.”.

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

Logistics Bureau

MAY 31, 2016

A better solution, confirmed by the highest-performing companies in the survey, was to keep inventory lower and save additional money by reducing the number of products being offered (eliminating the least profitable/costliest to the enterprise), and increasing forecast accuracy. The Perils of “Slash & Burn” and Cost Postponement.

Cost Reduction Strategies 40

Cost Reduction Strategies Inventory Reduction Material Savings Expense Reduction 40

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 77

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 77

ThroughPut

JUNE 24, 2022

With their ability to handle mass data, AI driven tools can prove to be highly effective in inventory management. AI-based automated tools can ensure smarter planning and efficient warehouse management, which can enhance worker and material safety. ENHANCED SAFETY. The cost of training. 2) INTELLIGENT DECISION-MAKING.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

HICX Solutions

JULY 20, 2023

There is a particular focus on supply chains due to the amount of electricity used to store and transport goods in warehouses. This is even more acute considering the sector relies heavily on transport and logistics. Each has a crucial role in monitoring, managing and reducing carbon emissions.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Supply Chain Procurement Analytics 40

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Accurate and timely reconciliation of purchase orders with receipts.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

ToolsGroup

FEBRUARY 15, 2021

According to a survey from the Digital Supply Chain Institute (DSCI), the design of and transformation to a digital supply chain with the customer in mind, can reduce procurement costs for all purchases of goods and services by 20% and reduce supply chain process costs by 50%. Supply chain managers must look for game-changers.

Supply Chain Design Software 156

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 156