Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Logistics Viewpoints

JUNE 1, 2021

Promotion-sensitive demand forecasts at the granular level are then used to adjust inventory targets and drive additional replenishment and procurement decisions. This is where promotion planning software plays its part. Most business problems of the era are solvable because of these two technologies via promotions software.

Inventory Management Software 186

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 186

Supply Chain Shaman

NOVEMBER 21, 2017

Innovative startups. Artificial Intelligence innovators. There are five fundamental shifts: Redefinition of Decision Support Software. This transfer of ownership reduced the effectiveness of procurement. System integrators/consultants building software is also not a sustainable/viable model. The result?

Supply Chain Planning Software 154

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 154

Logistics Viewpoints

MAY 19, 2022

Operational innovations like the invention of containers led to the huge growth in global value chains, and today 95% of manufactured goods move on ships. Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines.

Optimal Sourcing 229

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 229

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 114

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 114

OptiProERP

APRIL 9, 2024

Collaboration between production, procurement, and logistics teams is essential to optimize resource utilization and minimize lead times. Use dashboard reporting and analytics tools to track performance metrics in real-time and identify areas for improvement. Production Planning Upon receiving an order, production planning kicks in.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Inventory Management Software 52

ivalua

JUNE 2, 2016

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

Manufacturing Procurement 100

Manufacturing Procurement Procurement Supply Chain Planning Software Predictive Analytics Software 100

OptiProERP

DECEMBER 20, 2023

PLM involves coordinating people, processes, business systems, and information to drive innovation, improve product quality, and optimize processes. ERP and PLM software are two distinct but interconnected systems that serve different purposes within a business. What is a Product Lifecycle Management System?

Optimal Sourcing 52

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

Supply Chain Shaman

JULY 30, 2022

” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background. Investment in control towers.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain View from the Field

APRIL 10, 2013

At the Coupa INSPIRE procurement conference in San Francisco this week, the Chief Procurement Officer of Coca Cola Consolidated, Patrick Hopkins, shared his views on the “4 Truths of Procurement”, and how he has operationalized his views through the deployment of Coupa procure to pay software. Data must be right.

Procurement 83

Procurement Material Savings San Francisco SAP 83

Unleashed

JANUARY 24, 2022

We also give you the 10 best practices to reduce your spend on MRO goods while maintaining a steady flow of the items you need – including the KPIs and software that will assist you. MRO inventory can account for a sizeable portion of a business’ total procurement spend. Take a comprehensive approach to MRO inventory procurement.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Logistics Viewpoints

DECEMBER 14, 2021

It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. They can optimize courier and order matching, increase visibility, and track important metrics such as order lead time, OTIF, courier performance, and customer satisfaction. Usually, this problem requires software to solve.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to E2open’s latest Supply Chain Innovation Report, the top action that organisations foresee to create a more resilient supply chain is diversifying their supplier base (40%). SUPPLY CHAIN DIVERSIFICATION ENABLED BY TECHNOLOGY WILL BUILD RESILIENCE.

Supply Chain Planning Software 246

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

Unleashed

JANUARY 29, 2024

Discontinuing lines will help the manufacturer free up production capacity, and redirect research and development spending to focus on the development and marketing of newer or more innovative products. Procurement fees : This covers the total cost to you of sourcing and purchasing your products from suppliers or manufacturers.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Management and Analytics

APRIL 28, 2021

Promotion-sensitive demand forecasts at the granular level are then used to adjust inventory targets and drive additional replenishment and procurement decisions. This is where promotion planning software plays its part. Most business problems of the era are solvable because of these two technologies via promotions software.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimal Sourcing Inventory Management 52

Silvon Software

AUGUST 8, 2022

Plus, changing consumer behaviors and demands are leading businesses to adopt newer technologies and innovations so they can adapt and evolve at a faster rate. And for many, it’s a struggle to use this data to generate meaningful insights beyond top-level metrics. Let’s take product quality as an example.

Analytics Software 80

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 80

Supply Chain Shaman

OCTOBER 8, 2019

No metric should be measured in isolation, and functional metrics should be replaced with the balanced scorecard metrics shown in Figure 2. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability. 5 A Focus on Functional Metrics Throws the Supply Chain Out of Balance.

Supply Chain Design Software 191

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 191

BlueYonder

SEPTEMBER 4, 2020

In supply chain, diversity expands beyond a range of age, race, gender, orientation, and cultural backgrounds in the workforce – it should be carried across to procurement. [i] Improve innovation. Having access to a variety of different perspectives also unlocks creativity and higher innovation. More inclusive companies are 1.7

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Resource Reduction 59

Supply Chain Game Changer

MAY 5, 2021

They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. Case in point: research firm Gartner includes the speed of inventory turns as a key metric in its annual Top 25 List recognizing companies for their excellence in Supply Chain. Then came COVID-19.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

ivalua

OCTOBER 15, 2019

In my last post , I discussed how to successfully launch a digital Procurement transformation. Why do so many Procurement organizations struggle to make progress? In this post, I’ll look at the key challenges and how to accelerate your journey to best-in-class Procurement. . Alex Saric, CMO, Ivalua. Serve Your Customers Well.

Procurement 113

Procurement Modeling Software Supply Chain Network Software Innovation 113

Unleashed

MARCH 16, 2021

Purchasing software. Creating procurement policies and procedures. There are many different needs a business has, from simple operational requests, such as a renewal for software – to the more complex, like the procurement of parts in order to manufacture a new product. Goals of purchasing. Coordinating deliveries.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Logility

OCTOBER 6, 2023

The primary business drivers to moving to the cloud are: Leveraging a network of data and information – A cloud environment creates enormous value for the supply chain by leveraging a network of data and information to allow greater collaboration and continuous innovation.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

Supply Chain Matters

JANUARY 24, 2024

Supply Chain Matters provides highlights of B2B, and ERP Cloud based software provider SAP SE’s formal reporting of Q4 and fiscal full year 2023 financial performance. Supply Chain Matters provides highlights of B2B, and ERP Cloud based software provider SAP SE’s formal reporting of Q4 and fiscal full year 2023 financial performance.

SAP 52

SAP Report Supply Chain Planning Software Predictive Analytics Software 52

Oracle SCM

AUGUST 1, 2018

In a previous role, I was involved very early in what we deemed a ‘Supply Chain Performance Management’ software startup. Often this data is rolled up organizationally, geographically or in distribution through performance metrics or key performance indicators (targets change with these roll ups).

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. Supplier relationship management software will significantly drive efficiencies in administrative tasks. Supplier scorecards help businesses to maintain profitable, metrics-based supply chains.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. The following table gives some examples of criteria that can be taken into account during a CSR assessment: Actionable, Benchmark-able Metrics and Insights . Sustainability performance metrics also enable creation of risk maps.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Unleashed

MARCH 31, 2021

A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock. A metric that does what it says on the tin – measures the accuracy of freight bills. E.g. 35 DOI + 31 DOR = 66.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

ToolsGroup

MARCH 1, 2016

The reading audience is global, and spans a wide variety of roles: procurement, supply chain strategy and planning, product management, logistics and transportation, customer service, and others. I am digging deeper into climate change, and opportunities for innovation in value-chain practices and material movements. It was awesome!

Supply Chain Planning Software 120

Supply Chain Planning Software Predictive Analytics Software Analytics Software Supply Chain Software 120

Supply Chain Shaman

MARCH 8, 2016

It is a story of supply chain innovation. The initial software product release name was Real-Time Forecasting. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning. History of Terra Technology.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

JUNE 15, 2015

So, it is in their best interest to support the implementation of SAP SCM software.). SAP is one of the best, if not the best software vendor, at writing software code when they are clear on the requirements. Ariba, while mature for indirect procurement, is still not the preferred method for direct material management.

Supply Chain Planning Software 150

Supply Chain Planning Software SAP Supply Chain Planning Supply Chain Software 150

Supply Chain Shaman

SEPTEMBER 17, 2015

We easily navigate the digital world in our personal lives, but enterprise software is not digital. Making the digital pivot will embrace all of these disruptions together to drive innovation and new business models. A software developer starts with first-order design principles in the building of code. What happens?

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 150

MIT Supply Chain

NOVEMBER 5, 2020

Automation is yielding benefits In basic terms, RPA involves the use of software bots to automate repetitive, rule-based tasks. Another manufacturer has deployed eight bots in areas such as procurement planning. participated in a virtual roundtable on October 16, 2020, to talk about process automation and share their RPA experiences.

Supply Chain Software 52

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

RFgen

OCTOBER 3, 2016

Success along the supply chain can lead to anything from greater customer satisfaction to innovative product design. Discussion of topics like ERP implementation and asset utilization don’t mean the same thing to CEOs as they do to procurement and logistics specialists. Success Stories of Valued Supply Chains.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Waste Reduction Supply Chain Strategy 52

RFgen

OCTOBER 3, 2016

Success along the supply chain can lead to anything from greater customer satisfaction to innovative product design. Discussion of topics like ERP implementation and asset utilization don’t mean the same thing to CEOs as they do to procurement and logistics specialists. Success Stories of Valued Supply Chains.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Waste Reduction Supply Chain Strategy 52