Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements. Formulate business requirements Procurement is not just about cutting costs and looking for the cheapest deal.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. By how much?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

BlueYonder

JANUARY 12, 2023

Recent reports have highlighted the challenges many retailers are having with excess inventory. With supply chain disruptions continuing, purchasing more stock in advance to meet the forecasted upturn in demand made perfect sense. For many retailers, the first thought to reduce unsold items is to simply buy better.

Inventory Reduction 78

Inventory Reduction Price Reduction Waste Reduction Cost Reduction Strategies 78

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. Key Pillars of Supply Chain Inventory Optimization. Accurate demand forecasting is an important element of supply chain inventory optimization solutions. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of Dogs ate well during the pandemic, which boosted sales for manufacturers Business Wire predicts that the Australian?pet?food?market?will?grow companions?as

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. What’s next.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

BlueYonder

JANUARY 31, 2023

Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supply chain resiliency. In the short term, the focus is on improving the ability to minimize the impact of supply chain disruptions by “illuminating” the end-to-end supply chain network.

Automotive 86

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 86

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. business logistics costs for 2021. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Supply Chain Matters

JULY 5, 2022

In conjunction with the announcement, this supply chain technology industry analyst had the opportunity to speak directly with Allen Dow, President of Logility. In conjunction with the announcement, this supply chain technology industry analyst had the opportunity to speak directly with Allen Dow, President of Logility.

Procurement Solutions 52

Procurement Solutions Network Design Software Supply Chain Design Software Modeling 52

Supply Chain Shaman

JUNE 21, 2023

Designed to lift the profession and celebrate supply chain results, I struggle to find that the methodology supports either objective. Almost two decades of reporting. ” And, “Why are we only discussing supply risk versus analyzing demand and channel risks? The analysis is now in its ninetieth year.

Gartner 365

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 365

Unleashed

JANUARY 4, 2022

A subset of eCommerce, social commerce supports engagement with consumers, and elicits user-generated social contributions to assist the buying and selling of products and services online. The ease of voice shopping directly influences consumer searches and as a result, purchase outcomes.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. There was no tracking system in place on the procurement nor on the finance side.

Procurement Solutions 105

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 105

Silvon Software

APRIL 18, 2024

Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth. For example, using forecasting models to predict quarterly sales and adjust marketing spend accordingly.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

ThroughPut

MAY 1, 2023

In the quest to answer these questions lies the supply planners capability to rein back control over one’s supply chain operations. And enabling you to get to these answers in a more efficient and faster way are the AI-driven data and analytics capabilities rooted in strong demand management principles.

Supply and Demand 52

Supply and Demand Demand Management Modeling Demand Planning Software 52

Vanguard Software

APRIL 2, 2021

Positive momentum indicates pent-up demand since the October and November 2020 Purchasing Managers Index (PMI) was higher than any time since 2018. We expect to see four trends in 2021 as manufacturing supply chains respond to demand and adjust to the new realities of this uncertain time. lower than those from November 2019.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Planning Software Modeling Agile and Lean Supply Chain 40

EazyStock

MARCH 3, 2022

The ability to quickly respond to market changes also means businesses are in an excellent position to facilitate growth. Seasonal demand – religious festivals and seasonal weather patterns can affect purchasing habits. Keeping on top of the many reports needed to manage a just-in-case inventory plan may sound like a daunting task.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. 4) It allows you to build stronger, more authentic relationships with customers.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. 4) It allows you to build stronger, more authentic relationships with customers.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

Vanguard Software

JUNE 8, 2021

Consumers have come to expect companies to provide a wider variety of products, readily available for purchase and at the best price. These disruptions are harsh reminders that manufacturing organizations must be agile and quickly adapt to changing market conditions. Upcoming Webinar: Outperform the New Supply Chain Normal.

Modeling 52

Modeling Demand Planning Software Supply and Demand Supply Chain Planning Software 52

Taulia

JULY 5, 2021

VMI advantages for buyers VMI allows buyers to receive inventory on the day it’s required, while the supplier-held buffer stock enables agile buyer decisions when faced with supply chain disruptions. Suppliers also have their own balance sheet metrics to worry about.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

EazyStock

JUNE 24, 2020

But, with global supply chains in a state of flux, every hour that teams can save by using automation to remove this burden is additional time they can spend on more strategic tasks. The era of using spreadsheets to run reports and analyze data is over. It’s now time that inventory management teams did the same.

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Forecasting Software 98

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

SCMDOJO

JANUARY 17, 2024

Materials Manager Annual salary : $110,340 (median) Required degree : Bachelor’s Materials managers ensure that everyone across the supply chain has enough resources to work efficiently. They are in charge of purchasing, procurement, and sourcing.

Negotiating Skills 70

Negotiating Skills Purchasing Skills Optimal Sourcing Manufacturing Procurement 70

ToolsGroup

NOVEMBER 4, 2022

Employees reported that the number of pallets on the floor had rendered storage spaces unnavigable. Shipment Delays and Supply Chain Disruptions. From weather to war to congested ports , it’s no secret that ongoing supply chain disruptions cause delays, shortages, and extended lead times.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Unleashed

NOVEMBER 26, 2020

How to calculate Safety Stock levels in Excel. You can calculate safety stock levels in Excel by setting up your spreadsheet as per the image below. The safety stock formula can be calculated in Excel with a simple table. Supply chain disruption results in long lead times. Why is safety stock important?

Examples 98

Examples Manufacturing Procurement How To Eliminating Excel in Purchasing 98

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

Organizations can create subscription-based analytics products and with the data collected from IoT devices monitor and use trends, patterns, and insights about their usage. This strategy creates a subscription-based revenue stream, while the physical good itself is often a one-time purchase. Share data for partnership and growth.

Manufacturing Procurement 105

Manufacturing Procurement Analytics Software Manufacturing Predictive Analytics Software 105

Enterra Insights

FEBRUARY 7, 2024

That’s the main reason why supply chain experts insist supply chains must become more agile and resilient. Few, if any, analysts are predicting fair winds and following seas for supply chains this year. Supply Chain Risks Geopolitical Risks. “China reported only 5.2%

Risk Management 130

Risk Management Trends Supply Chain Planning Software Supply Chain Design Software 130

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. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 77

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

ShipBob

NOVEMBER 15, 2021

The goal of logistics planning is to build a lean and cost-effective logistics operation that can achieve service levels at all times and withstand supply chain disruptions. If your planned goals have kept you on budget and you’ve reduced supply chain costs, you’ll likely see monetary savings and higher profit margins.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Material Savings Negotiating Skills 98

RFgen

JUNE 8, 2023

After all, if products are not properly traced, accounted for, and utilized, there are far-reaching effects across the product life cycle, from procurement to delivery. Proper inventory management involves a holistic view of all products with the goal of ensuring a smooth supply chain operation and minimizing costs.

Inventory Management Software 56

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 56

6 River Systems

JUNE 29, 2020

The COVID-19 pandemic caused unprecedented global supply chain disruptions, impacting the flow of parts and finished goods around the world. The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries. Develop a clearly defined risk mitigation governance structure.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Supply Chain Management and Analytics

MARCH 29, 2020

We believe that the CPG commercial world is already taking several actions to adapt to the supply chain disruptions of the pandemic. In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level.

Modeling 40

Modeling Optimal Sourcing Prescriptive Analytics Software Supply Chain Planning Software 40

Supply Chain Management and Analytics

MARCH 29, 2020

We believe that the CPG commercial world is already taking several actions to adapt to the supply chain disruptions of the pandemic. In the supply chain, visibility involves status reporting from suppliers, through the production&distribution infrastructure and all the way down to the shelf level.

Modeling 40

Modeling Optimal Sourcing Prescriptive Analytics Software Supply Chain Planning Software 40

6 River Systems

FEBRUARY 3, 2020

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

Talking Logistics

JUNE 5, 2017

As reported in the Wall Street Journal last week: “Automotive value chains are international. An interruption in delivery of parts from a partner in Europe can therefore also have implications in China,” said [Markus Duesmann, BMW board member in charge of purchasing and supplier network]. struck Vietnam. View Results.

Supply Chain Software 123

Supply Chain Software Manufacturing Procurement Supply Chain Supply Chain Risk Management 123