GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. But the possibilities for continuously improving.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Logility

OCTOBER 6, 2023

Integrations include cloud ERP systems, data warehouse solutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. What do these drivers and advantages mean for my business?

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

Elementum

FEBRUARY 7, 2024

Gone are the days of tedious, manual processes; today, AI-powered solutions are streamlining operations, enabling businesses to focus their human resources on strategic initiatives rather than routine tasks. It supports vast data storage, high computational power for AI algorithms, and enables the integration of diverse BPA tools.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. 10 Soft Metric Considerations in Measuring Supply Chain Performance. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Silvon Software

APRIL 18, 2024

These technologies are not just transforming business areas like sales, procurement, production, distribution and others by streamlining data categorization and insight generation; they are reshaping entire business landscapes by offering real-time intelligence that informs strategic decision-making across all core areas.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

Unleashed

APRIL 21, 2024

Tracking: Order tracking systems keep the customer updated on the journey of their purchase, ensuring transparency until the order is delivered. This entire process can be managed manually, which can be time-consuming and inaccurate, or with order processing software , which helps minimise errors and improve customer satisfaction.

Inventory Management Software 52

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

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Elementum

FEBRUARY 7, 2024

Advances in technology drive the automation and continuous improvement of business workflows. It goes beyond traditional automation by encompassing a wider array of processes and focusing on both the effectiveness and the continual improvement of workflows.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. The questions that are most often asked are: What metrics should I use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Unleashed

JANUARY 24, 2022

We also give you the 10 best practices to reduce your spend on MRO goods while maintaining a steady flow of the items you need – including the KPIs and software that will assist you. MRO stands for Maintenance, Repair and Operations and refers to the MRO of the machinery, equipment, and tools necessary to run a business.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

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. Delays and congestion worsen each year, inventory strains continually affect capacity, and customer needs remain ever-changing.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Logistics Bureau

APRIL 4, 2022

Alternatively, you can procure access to a digital freight benchmarking platform. The range of such tools is growing along with demand, so you should be able to find one that matches your budgetary and capability requirements. The Pros and Cons of Procuring a Benchmarking Tool. That’s the first question to ask.

Benchmarking 68

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 68

Supply Chain View from the Field

OCTOBER 4, 2015

As part of the conference, I’m delivering a talk on five predictions that every procurement professional should consider. These aren’t so much “predictions”, as opportunities that procurement professionals should become aware of, and educate themselves on.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Predictive Analytics Software Optimal Sourcing 60

Unleashed

AUGUST 16, 2023

A backorder presents an opportunity for businesses to continue to make sales on products that are temporarily out of stock. Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. The inability to purchase out-of-stock goods will usually send a customer elsewhere.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. How do we get buy-in around the organization?

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

GlobalTranz

MARCH 23, 2016

Today I will discuss how a company can sustain a lean culture once they have implemented lean practices in order to achieve continuous improvement. I use a method I call managing for daily improvement or MDI. How can we Continuously Improve Daily and Sustain a Lean Culture and Behavior?

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

GlobalTranz

JUNE 2, 2016

Sometimes, this is either having a satelite office near the shipper, a dedicated phone number and communication portal ( such as Slack, a new project management/collaboration tool ). The current Logistics or Purchasing Manager wants an answer as to “WIIFM?” Procurement can have a supplier embedded in their location as well.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

SCMDOJO

JUNE 6, 2023

When businesses align production and procurement schedules with demand, they optimize their supply chain processes. SCMDOJO’s Inventory Optimization Tool will save you 30 hrs of time if you do it yourself to get all the proper recommendations. It does this by identifying seasonal trends and demand patterns.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Exiger Perspectives

MARCH 30, 2023

Here’s where your team would be stretching into cybersecurity supply chain risk management (C-SCRM program) to safeguard data in the cloud, trade practices of software development, and so on. This metric doesn’t directly extend to your supply chain attacks but instead has more to do with your program and organization.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Risk Management Supply Chain Software Supply Chain Network Software 52

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

Unleashed

OCTOBER 23, 2023

The main benefits of production planning include: Business-wide visibility: A production plan lays out all the manufacturing processes and required materials, including what you need to procure and what’s already available. This includes identifying any equipment, tools, and service providers you may need.

Waste Reduction 98

Waste Reduction Resource Reduction Inventory Reduction Material Savings 98

GlobalTranz

DECEMBER 29, 2014

Warehouse Metrics to Track to Improve Profitability and Operations : Today’s warehouse managers often accrue massive amounts of performance data, but sometimes find they can apply little of it toward making productivity gains or customer service improvements. Use them to continuously improve your organization.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Elementum

DECEMBER 11, 2023

By utilizing software tools and solutions, BPA enables businesses to streamline and automate repetitive, multistep processes that typically involve various applications, systems, and personnel. Choosing the Right Tools and Platforms Selecting the appropriate tools and platforms is vital to the success of your BPA strategy.

Sourcing Strategies 78

Sourcing Strategies Optimization Software Analytics Software Predictive Analytics Software 78

ivalua

AUGUST 1, 2022

Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. Aligning suppliers to overall Procurement and broader business strategy is critical to create sustained long-term value. . or a contractual relationship.

Supplier Management 130

Supplier Management Sourcing Strategies Procurement Solutions Optimal Sourcing 130

Supply Chain Shaman

FEBRUARY 25, 2016

The SCOR model defines functional improvements, but falls short in defining cross-functional supply chain transformation. The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. The CIO budget is hamstrung with system upgrades and software license payments.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

6 River Systems

DECEMBER 11, 2018

” — Sue Welch, CEO of TradeStone Software, as quoted in A Unified Supply Chain , Forbes; Twitter: @Forbes. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Make room for collaboration.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Logistics Bureau

DECEMBER 20, 2016

Is your supply planning optimised to get the best performance from manufacturing (if applicable), purchasing, warehouse, and transportation functions? Procurement costs. Procurement Costs. Procurement plays a huge role in supply chain financial alignment. How accurate and effective is your demand planning?

Inventory Reduction 40

Inventory Reduction Cost Reduction Strategies Price Reduction Waste Reduction 40

6 River Systems

FEBRUARY 25, 2019

Dr. Scott Newton, VP for Care Model Solutions at TeleTracking , has more than 30 years of experience in healthcare — working as an EMT, a nurse, an educator and a patient flow command center leader — he is also a trusted adviser and thought leader. If viable, they adopt the solution/ process. Dr. Scott Newton. TeleTracking.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

TrackVia

AUGUST 17, 2023

In an enterprise company, tangible assets can include office equipment, machinery, vehicles, and buildings, while intangible assets can include intellectual property, patents, and software licenses. Implement strategies for each stage, including procurement, deployment, maintenance, and disposal.

Asset Management 98

Asset Management Analytics Software Predictive Analytics Software Optimization Software 98

NC State SCRC

DECEMBER 28, 2015

As people conduct more and more transactions electronically, whether it’s consumers on Amazon or organizational buyers on Ariba, Coupa, or other P2P solutions, the relational component of supply chains seems to be going down. (UPS and FedEx both saw package volumes soar by 17% or more during the Christmas season over last year).

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40

ivalua

JANUARY 12, 2023

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Processes and Compliance.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Optimal Sourcing Cost Reduction Strategies 130

TrackVia

AUGUST 17, 2023

In an enterprise company, tangible assets can include office equipment, machinery, vehicles, and buildings, while intangible assets can include intellectual property, patents, and software licenses. Implement strategies for each stage, including procurement, deployment, maintenance, and disposal.

Asset Management 52

Asset Management Analytics Software Predictive Analytics Software Optimization Software 52

Supply Chain Game Changer

NOVEMBER 17, 2020

” Here is a summary of how these Global Supply Chain and Business Leaders responded and shared their lessons learned: Kristie Syndikus, VP Procurement at Maple Leaf Foods. In business we need to be able to support this improved freedom by having solutions that are flexible and support consumer demand and desires.

Global 53

Global Supply Chain Planning Software Negotiating Skills Purchasing Training 53

Unleashed

JUNE 20, 2023

But monitoring the cash conversion cycle metric can help businesses save themselves from this fate before it’s too late. Read more: Inventory Optimisation – Tools & Techniques You Should Know What happens to excess inventory? Are you using the right demand forecasting software?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Inventory 52