Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

SYSPRO Smarter ERP

AUGUST 2, 2023

Challenge One: Comply with medical safety regulations By closing the gap between ERP and the quality system, medical device manufacturers can ensure real-time monitoring of quality metrics and bridge the compliance divide.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

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

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Taulia

JUNE 26, 2023

During this step, you first need to decide on supply chain objectives and specify the metrics that will be used to monitor progress toward them. Then, move on to build your supply chain to suit those metrics. Choosing the right distribution partners and tools can both drive efficiency and increase customer satisfaction levels.

Supply Chain Planning Software 52

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

Taulia

JULY 21, 2022

The supply chain activities involved in the procurement process , from sourcing the right suppliers to taking delivery of materials and products, are vital to the overall health of any business. Using supplier management software , supplier performance against these KPIs can be monitored over time. The importance of supplier KPIs.

Negotiate Pricing 75

Negotiate Pricing Supplier Management Optimal Sourcing Procurement Analytics 75

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Arena Solutions

OCTOBER 12, 2023

However, one crucial caveat to all this growth and opportunity is that—you need to follow industry compliance guidelines and deliver on quality. A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. If you have a QMS solution in place, you have an advantage.

Quality 89

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 89

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Unleashed

JANUARY 14, 2024

It refers to the process of purchasing, storing, and tracking the various goods required to build a product. Manufacturing inventory management requires a coordinated approach across production, purchasing, sales, and logistics departments. Ordering and purchasing the required materials from suppliers at the right time and quantity.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. Procurement and purchasing Before goods can be sold and delivered to customers, they must be produced, acquired, and prepared for sale. In a manufacturing setting, this step involves the purchasing of raw materials and production equipment.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

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

NOVEMBER 5, 2023

It uses technology such as barcode scanners and barcode inventory software to improve the accuracy of your inventory management processes. A barcode inventory system is a network of hardware and software consisting primarily of mobile computers, printers, handheld scanners, infrastructure, and supporting software.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 52

Logility

OCTOBER 12, 2021

You could simply adopt existing guidelines to establish a code of conduct that supports the values you want to see in a socially responsible supply chain. Develop metrics against which supply chain stakeholders can judge their performance. Fortunately, there are digital solutions that exist for that very purpose.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

SupplyPike

APRIL 10, 2020

Times are tough, so we’ve gathered some guidelines to help your supply chain get back on track, or at least to shore it up during these challenging times. You’ll need to work with your buyer on revising their purchasing plans to favor high demand items. You should also look into implementing short term solutions for limited supplies.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

QAD

DECEMBER 19, 2019

Next, we will provide an overview of the Purchasing Commitments and Spending Action Center as well as the associated key performance indicators (KPIs). When analyzing purchasing performance, it helps to understand the difference between spend and commitment. Together, spend and commitment provide a clear view of purchasing.

Purchasing Skills 130

Purchasing Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 130

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

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. As a result of this improved forecasting precision, you can plan your procurement more accurately. Analysis The analysis phase is where you look back at your supply chain process and evaluate its effectiveness.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Unleashed

NOVEMBER 15, 2021

Mass customisation is also known as: Made-to-order Built-to-order Increasingly popular in the retail goods sector – but also used in the automotive, software and finance sectors – mass customisation allows customers to purchase a product that is more ‘them’. What about mass customisation in software?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Forecasting Software 98

Logistics Bureau

OCTOBER 20, 2021

These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”

Supply Chain Design Software 80

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software KPI 80

Cognira

SEPTEMBER 25, 2023

The rewards include repeat purchases, new loyalty program sign-ups, and heightened profitability—all by effectively leveraging your brand’s reputation. It involves exploring various metrics and dimensions to identify the demographics of your target customers. Understanding the competitive landscape is crucial.

Price Reduction 52

Price Reduction Retail Inventory Reduction Waste Reduction 52

QAD

JULY 28, 2022

She encourages supply chain leaders to review the 24 processes and evaluate their supply chains to identify any gaps and uncover potential solutions. Her students tend to focus on purchasing, logistics and consulting. Episode #10: Maps & Metrics.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 96

Talking Logistics

OCTOBER 29, 2013

You could answer them with a purchase order (P.O.) Diffuse resistance by inviting stakeholders from internal groups to become part of the solution as early as possible. Your stakeholders can: Align sourcing, purchasing, logistics, and I.T. performance metrics to influence vendor behavior and impact sourcing choices.

Pricing Training 145

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 145

o9 Solutions

JANUARY 25, 2023

This blog explores how policy developments such as the digital product passport (DPP) alongside supply chain software can play a role as enablers. Software solutions to acquire more primary product data during all stages of its life cycle are critical to roll out sustainability policies such as the DPP.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Supply Chain Shaman

JUNE 29, 2016

For example, Infor purchased GT Nexus in 2015; OpenText purchased GXS in 2014, GHX purchased H-Card, LLC today; E2open purchased Terra Technology in May 2016 and Orchestro on Monday. Thoma Bravo purchased Elemica in June 2016. The solutions evolved from different funding models.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 154

Supply Chain Game Changer

JANUARY 20, 2020

In the logistics aspect of the supply chain, this equates to better monitoring and adherence to guidelines governing drive time, fuel use, deadhead and more. If consumers are forced to shop with a competitor for service parts, they are more likely to continue purchasing new products and making repeat orders with your competitor.

Supply Chain Software 62

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 62

6 River Systems

JUNE 29, 2020

It’s likely that in the coming months and years, many supply chain leaders will look to automation solutions that help to minimize physical contact and the number of touches required to move products through the supply chain. “Business leaders should also look at how new tools and technologies can provide greater intelligence.

Supply Chain Planning Software 116

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

Arena Solutions

MARCH 22, 2024

1 A PLM solution manages your product’s lifecycle throughout every phase from ideation, development, and implementation to retirement. PLM, like any major purchase whether for personal or business, requires time invested. Globally, there are approximately 103,332 companies that are currently using PLM, with 65,804 based in the U.S.

Analytics Software 90

Analytics Software Modeling Software Sourcing Strategies Purchasing Training 90

Enterra Insights

APRIL 22, 2019

” To help suppliers deal with this challenge, Enterra Solutions ® developed the Compliance Management System (CMS). ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn. 5] Jarrod Davis, “ OTIF: Mastering Walmart’s On Time In Full Guidelines ,” Retail Details , April 2017.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Supply Chain Game Changer

NOVEMBER 15, 2018

In the logistics aspect of the supply chain, this equates to better monitoring and adherence to guidelines governing drive time, fuel use, deadhead and more. If consumers are forced to shop with a competitor for service parts, they are more likely to continue purchasing new products and making repeat orders with your competitor.

Supply Chain Software 49

Supply Chain Software Agile and Lean Supply Chain Logistics Network Optimization Software Supply Chain Strategy 49

6 River Systems

JUNE 10, 2019

To top it off, there should be a very competent and organized EDI software and CRM used when working with vendors to keep track of all product serial numbers. Scott has a deep knowledge of the healthcare system and understands that success is tied to high reliability, just-in-time responses and responsible solutions.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

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

Zipline Logistics

JANUARY 24, 2020

Delivering on-time and in-full is essential to success and a metric used by retailers when evaluating partnerships with vendors of all sizes. But first, let’s look at the background of OTIF metrics and why they came to be. If unable to find a product in store, consumers are quick to turn their attention online and purchase goods there.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction How To 52

ShipBob

AUGUST 25, 2021

Some of these inefficiencies often start with improper purchase ordering. To optimize your first-mile delivery process effectively, you will need a system in place to collect data and report on key distribution metrics. Much of this can be tracked by implementing an inventory management software or a warehouse management system (WMS).

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Optimization Software Inventory Reduction 52

6 River Systems

DECEMBER 5, 2019

The modern warehouse is complex, and management must balance a number of factors including software, automation, training and processes such as receiving, picking and inventory management. Take a second look at your most basic organizational tools. His solution? The first profile is your order mix. .

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

ShipBob

APRIL 30, 2023

Plus, you establish and regularly check metric-driven goals (around speed and quality) for your team. Moving to the “Stellar” level requires a shift in your goals from just meeting demands to further optimizing processes and delighting customers with: Regular reporting on holistic metrics, as well as variances.

Customer Service 52

Customer Service Optimal Sourcing Procurement Analytics Optimization Software 52