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

MAY 3, 2023

Reduce Your Carbon Footprint: Select Sustainable Suppliers with an eSourcing Tool By making the simple change of incorporating a sourcing tool into your purchasing process, you can increase the likelihood of selecting suppliers who prioritize sustainable practices and are aligned with your companies ESG (Environmental, Social, and Governance) goals.

Material Savings 52

Material Savings Waste Reduction Resource Reduction Procurement Solutions 52

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

Unleashed

DECEMBER 12, 2023

This article explores the benefits of good BOM management, the role of a BOM manager, and how to manage your BOMs effectively with best-practice processes, software, and equipment. Effective BOM management is achieved by efficiently performing key production tasks and can be improved with the help of appropriate software and equipment.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

EcoVadis

MAY 30, 2018

The Sustainable Purchasing Leadership Council (SPLC) recently released the results of its new, independent comparative tool for sustainable procurement ratings and EcoVadis is excited to share we’ve secured the highest ranking in the framework.

Procurement Solutions 40

Procurement Solutions Supply Chain Software Comparison Sustainability 40

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

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. But with every hyper-advanced AI solution comes new concerns and risks we must keep in mind.

Inventory Management Software 52

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

EC Sourcing Group

MARCH 12, 2023

Read more – Procurement Software Guide Metrics for supplier performance analysis Let’s look at some of the key categories and associated metrics that can be used to assess supplier performance. QUALITY: The quality of goods and services provided by the supplier, as well as the supplier’s delivery performance and accuracy.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Supply Chain Network

MAY 15, 2012

Everyone has bad habits, but for procurement, bad habits can put a major dent it in the ROI of your sourcing tools. That’s because strategic sourcing is complex and challenging – success requires more than fancy software purchases. Tools like eSourcing generate maximum results when used on a continuous basis. •

Purchasing Skills 97

Purchasing Skills Sourcing Strategies Optimal Sourcing Procurement Solutions 97

QAD

APRIL 22, 2021

This is certainly true in the area of strategic sourcing where procurement teams rely heavily on manually intensive efforts to identify and select suppliers. Manufacturers face ongoing challenges in selecting the optimal source of supply for the many materials, products and services they procure. Boost Long-term Supplier Relationships.

Manufacturing Procurement 82

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 82

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

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 71

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. They do not relate to any overall company procurement goals and objectives.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

ThroughPut

FEBRUARY 2, 2024

Advanced Supply Chain Analytical Tools: Employing sophisticated analytical tools is essential for extracting meaningful insights from complex data sets. Real-World Examples of Advanced Supply Chain Analytics According to Gartner, by 2024, 50% of supply chain companies will have adopted software with advanced analytics capabilities.

Prescriptive Analytics Software 52

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

Taulia

MARCH 2, 2023

It covers the full range of supply chain processes, from procuring raw materials to delivering the finished products to customers. Inventory is tracked and controlled in real time with inventory management software. The procurement manager places the usual order with the supplier every quarter.

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 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

TrackVia

MAY 25, 2023

TrackVia’s inventory management capabilities, combined with the inherent advantages of low-code development, offer a comprehensive solution that can revolutionize the way businesses manage their warehouses and ensure smooth, error-free processes. Check out how UC San Diego improved their inventory and asset management processes.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Design Software 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 77

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 77

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Historically, demand forecasting relied on simple tools and intuition, but as supply chains have become more complex and globalized, the need for sophisticated forecasting methods has grown.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

EcoVadis

FEBRUARY 28, 2016

This is creating a ‘triple-whammy’ of imperatives for procurement teams — and their trading partners — to monitor and manage risk, while at the same time exposing new sources of value that will be the key differentiators in the future. Continuous improvements : traditional compliance approaches are often based on one-off audits.

Procurement Solutions 40

Procurement Solutions Supply Chain Network Software Demand Planning Software Logistics Network Optimization Software 40

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

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

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. The acronym refers to the materials required to keep your operation running, such as spare parts, engineering tools and test equipment. Why is handling MRO procurement so costly? MRO stands for maintenance, repair, and operations.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

ivalua

DECEMBER 6, 2022

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Procurement as end-to-end process owner .

Optimal Sourcing 130

Optimal Sourcing Pricing Training Optimization Software Procurement Solutions 130

Supply Chain Game Changer

FEBRUARY 12, 2019

I launched my second business, a strategic sourcing and procurement consulting firm in 2007. That company grew organically and supported over 100 companies ranging from Fortune 100 companies to fast growing businesses building their first procurement function. procurement #purchasing #supplychainmanagement.

Procurement Analytics 50

Procurement Analytics Procurement Solutions Analytics Software Supply Chain Software 50

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. IT systems and tools truly enhance the Supply Chain, but without PEOPLE communicating and collaborating, there is no Supply Chain Management success. 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

GlobalTranz

FEBRUARY 17, 2016

Purchasing can place the order and negotiate prices; Production Planning can release these items based on the latest Material Requirements Planning (MRP) report. Using Lean tools, without a complete cultural shift, creates a Lean façade. Having tools in various locations creates unnecessary movement by workers to do their job.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. Measure what matters for continuous improvement in your processes.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

RELEX Solutions

JUNE 19, 2017

Løvenskiold searched for more effective store operations and wanted to offer better procurement support to their stores. Therefore, they needed an efficient and integrated supply chain solution , supporting the flow of goods all the way from suppliers to shops. RELEX will be implemented in two phases. More information: [link].

Cost Reduction Strategies 0

Cost Reduction Strategies Vendor Strategies Inventory Reduction Supply Chain Planning Software 0

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

GlobalTranz

FEBRUARY 16, 2016

There are Labor Management Software systems that can help manage work in the warehouse. Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to an article in Supply Chain Management Review. . Focus on Labor Costs. Every project should focus on labor costs.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

SupplyShift

APRIL 27, 2021

On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. . Technology Prioritizes Remote Vs. Onsite Engagement.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Modeling Software 52

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. Competitive advantage: When it comes to making a purchase , customers usually have several options to choose from.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Silvon Software

APRIL 18, 2023

Procurement knows how long it takes to process a purchase order. Rather than everyone pointing the finger of blame at the supply chain organization, the use of a cohesive set of metrics hierarchies would allow a clearer picture to emerge, and thus an enhanced capability to continuously improve the business.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

GlobalTranz

JANUARY 4, 2016

Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. Agile simply means, according to agilemethodology.org: Agile methodology is an alternative to traditional project management, typically used in software development.

Supply Chain Design Software 120

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