Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

My Office Apps

JULY 22, 2021

Consumable Inventory & the Medical Field. Unorganized medical inventory management can cause delays in providing patient care, and in the healthcare industry, each second matters. Unorganized medical inventory management can cause delays in providing patient care, and in the healthcare industry, each second matters.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

AIMMS

NOVEMBER 12, 2019

Supply chain software is changing. So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Why RFIs Fall Short .

Procurement Solutions 156

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 156

ivalua

JULY 11, 2022

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . Redwood City, CA – 11 July, 2022 – Ivalua , a global leader in Cloud Spend Management solutions , announced the general availability of its new platform release 174.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Software Procurement Solutions Gartner 130

Vinculum

APRIL 29, 2020

Inadequate inventory, uncertainties pertaining to logistics, resultant shipping delays are some of the over-the-top challenges encountered by the retail industry. At the outset of this global crisis, data governance is even more crucial for retail giants. The retail industry has been impacted the most due to the disrupted supply chain.

Government 52

Government Procurement Solutions Retail Data 52

Vinculum

FEBRUARY 27, 2020

Now, let’s have a quick peek into the major data governance challenges pertaining to the retail industry. For instance, the data governance team needs to have a holistic and unified view of data pertaining to the customer purchase order, available inventory, order shipping details, etc. Multiple Touchpoints.

Government 52

Government Supply Chain Planning Software Procurement Solutions Retail 52

QAD

MAY 24, 2023

Supply chain leaders need effective tools to share real-time information across networks of suppliers, customers, carriers, distributors, and government agencies. Develop Strong Internal Communication Between Supply Chain and Inventory Teams Risk mitigation is no small feat.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimal Sourcing 52

AIMMS

OCTOBER 17, 2023

Overlooking sustainability can present substantial revenue risks, while embracing ESG (Environmental, Social, and Governance) principles can unlock a $2.1 Regulatory Compliance: Governments worldwide are implementing stricter environmental regulations, making compliance not just an ethical obligation but a legal one.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

ToolsGroup

APRIL 13, 2020

Kathleen: What business challenges were you seeking to solve by using [the ToolsGroup] solution? Rafael: It has been a really helpful tool with which to go through this crisis. If you do the math there, you have to make 748,000 inventory decisions per month. We don’t know what’s going to happen.

Supply Chain Planning Software 296

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Optimization 296

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. In many cases, new companies start with simple sourcing to get the procurement process rolling.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. They offer a solution for corporate tax departments called ONESOURCE. The Integration Point solution was rebranded to be one of the modules in the ONESOURCE suite. Oracle’s solution combines TMS and GTC seamlessly.

Global 177

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 177

Logility

JANUARY 25, 2022

ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. Logility is a wholly owned subsidiary of American Software, Inc. Logility, Inc., Logility, Inc., NASDAQ: AMSWA).

Supply Chain Planning Software 210

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 210

Supply Chain Shaman

JANUARY 31, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. A Decline in Innovation. Less Collaborative.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

SYSPRO Smarter ERP

OCTOBER 9, 2023

Many governments are also offering incentives for manufacturers to invest in energy-efficient solutions. The question company managers face is what software solution can help them keep machines busy as well as monitor performance and progress in their areas of concern.

Manufacturing Procurement 111

Manufacturing Procurement Cost Reduction Strategies Purchasing Skills Quality 111

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration. Let’s delve into this emerging concept.

Supply Chain Planning Software 90

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 90

ivalua

SEPTEMBER 28, 2020

My journey in Accounts Payable started back in 1998, when I worked on my first Accounts Payable automation solution combining scanning, OCR and workflow. So for the last decade the Procurement teams have been pushing the ‘No-PO, No Pay’ mantra, it’s now even ‘Government Policy’. or Accounting systems (e.g.

Supply Chain Software 237

Supply Chain Software Manufacturing Procurement Procurement Solutions Supply Chain Network Software 237

Synovos

JULY 24, 2023

Furthermore, RS is making significant efforts to help its customers develop more sustainable products and solutions with the launch of its ‘Better World’ product range that are supported by trusted sustainability certifications. A short video explaining RS’ ESG solutions is available here.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

ToolsGroup

MAY 11, 2022

Our findings reveal increasing investments in software, automation and people.”. As supply chain challenges become more frequent and intense, company leaders are increasingly focused on implementing solutions that can help them better manage risk, bypass skills shortage and become more resilient.”. About ToolsGroup.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

Supply Chain Shaman

FEBRUARY 7, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Focus on Cost. A Decline in Innovation. Less Collaborative.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Unleashed

SEPTEMBER 7, 2021

In this guide to barcodes in inventory management: In order to apply barcodes to inventory management, it is important to understand the basics of the barcode system. Hence, some companies will find corded barcode scanners to be all they need, where other companies require wireless scanners to support their online inventory management.

Inventory Management Software 96

Inventory Management Software Inventory Management Inventory Reduction Inventory 96

RFgen

SEPTEMBER 2, 2020

Government contractors are facing uncertainty about future spending and economic climate. Mobile barcode software can help contractors safeguard operations and continue winning bigger contracts amid uncertainty. Reduced government spending and economic uncertainty may lead to fewer opportunities and heightened competition for each.

Inventory Management Software 65

Inventory Management Software Supply Chain Software Optimization Software Procurement Solutions 65

ThroughPut

OCTOBER 16, 2022

A roadmap towards achieving demand-driven inventory replenishment planning. Therefore organizations which have a replenishment planning approach with a demand-driven module, ensures inventory optimization , reduces rework, and eliminates bottlenecks in the supply chain to enhance resilience. Why demand – driven replenishment?

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Modeling Supply Chain Planning Software 52

Supply Chain Shaman

SEPTEMBER 10, 2023

I was working on a report on the Multi-Enterprise Inventory Management (often termed MEIO) and I challenged Pete. The software never expanded in scope to manage multi-tier inventories. Too few companies stop to answer the questions: Is the solution giving a good plan? As a high school debater, I love a good argument.

Supply Chain Planning Software 259

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 259

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

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). In the past 15 or so years, the US, which is known for its complicated and expensive healthcare system, has taken some steps towards value-based purchasing.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. Embedded AI that is purpose-built for supply chain.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

QAD

AUGUST 16, 2022

All these posts point to the need for visibility and solutions that foster collaboration in the supplier ecosystem. QAD SRM delivers the tools to improve real-time communication and procurement processes and to counteract supply risks. Users can access a variety of QAD tools and solutions: .

Optimal Sourcing 92

Optimal Sourcing Supply Chain Software Manufacturing Procurement Supply Chain Design Software 92

RFgen

SEPTEMBER 2, 2020

Government contractors are facing uncertainty about future spending and economic climate. Mobile barcode software can help contractors safeguard operations and continue winning bigger contracts amid uncertainty. Reduced government spending and economic uncertainty may lead to fewer opportunities and heightened competition for each.

Inventory Management Software 52

Inventory Management Software Supply Chain Software Optimization Software Procurement Solutions 52

Unleashed

DECEMBER 14, 2018

Inventory control encompasses all aspects of managing a business’ inventory stock, from purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering. Inventory control is such a critical function for many businesses spanning every industry. What is an SDE analysis? Why is SDE analysis used?

Inventory Management Software 58

Inventory Management Software Analysis Inventory Management Inventory Reduction 58

ThroughPut

FEBRUARY 2, 2024

Static vs. Dynamic Inventory Management Without Advanced Supply Chain Analytics: Inventory management might be based on static rules or historical sales data, potentially leading to overstocking or stockouts. Data Quality and Governance : Ensuring the quality and consistency of data is paramount.

Prescriptive Analytics Software 52

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

Logility

OCTOBER 21, 2021

On average, these efforts help reduce lead times from 10 to 8 weeks and purchase order (PO) release to factory exit times from 17 to 4 weeks. Ensuring that your supply chain is sustainable also improves your ability to comply with government and industry regulations. Balance inventory and demand. Improve compliance efforts.

Optimal Sourcing 214

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 214

Taulia

SEPTEMBER 9, 2021

Inventory management is an essential process for almost every type of business. Inventory is often the largest current asset and poor or ineffective management of stock can lead to large losses or in some cases, business failure. Yet the successful organization of inventory is not without its challenges.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Material Savings 52

ThroughPut

SEPTEMBER 27, 2021

Demand-driven Inventory Replenishment Planning. A Demand-Driven Inventory Plan enlists both strategy and execution for resilience and profitability in the midst of economic upheaval. The touchpoints can indicate the need for expedited procurement, new vendor relationships, or enhanced delivery speeds. Projected stock levels .

Inventory Reduction 52

Inventory Reduction Vendor Strategies Optimal Sourcing Modeling 52

Synovos

NOVEMBER 28, 2023

“Deals were sold on cost reduction based on piece price and hiring an employee or two to help with customer’s storeroom and inventory,” recalls Janice Howse, Vice President for Strategic Accounts at global provider RS Integrated Supply. We can manage and optimize your inventory,” says Howse.

Purchasing Skills 52

Purchasing Skills Optimal Sourcing Price Reduction Cost Reduction Strategies 52

Synovos

NOVEMBER 28, 2023

“Deals were sold on cost reduction based on piece price and hiring an employee or two to help with customer’s storeroom and inventory,” recalls Janice Howse, Vice President for Strategic Accounts at global provider RS Integrated Supply. We can manage and optimize your inventory,” says Howse.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Inventory Reduction Material Savings 52

Supply Chain Shaman

NOVEMBER 29, 2021

There is no planning model in traditional solutions that recognizes a logistics bottleneck and drives bi-directional orchestration across source, make and deliver. Government policies are rational. Demand continues to shift as consumers focus on the purchase of products and fewer services. Chemical Sector Inventory Availability.

Supply Chain Planning Software 284

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 284