Precoro

JULY 8, 2022

The question arises: when to separate purchasing management tasks into an autonomous operational role and hire a designated professional? There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

EC Sourcing Group

DECEMBER 29, 2020

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Run analytics.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

ThroughPut

OCTOBER 16, 2022

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. Keeping dead stock for longer periods of time (usually beyond 12 months) can add to the dead weight and impact the purchase of similar items in the future, thus hampering overall inventory management efforts.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Cost reduction. Automation of the supply chain has resulted in resources (i.e.,

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

ThroughPut

MARCH 23, 2020

As an insider who has spent a decade in data analytics for industrial operations, I hope to walk you through the evolution of supply chain behavior through such a Black Swan event, share what is happening behind-the-scenes, and how I am working towards making supply chain systems more antifragile. To Get a free demo, click here.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

As an insider who has spent a decade in data analytics for industrial operations, I hope to walk you through the evolution of supply chain behavior through such a Black Swan event, share what is happening behind-the-scenes, and how I am working towards making supply chain systems more antifragile. To Get a free demo, click here.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting predicts future customer demand using historical data and market analysis. What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52