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

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

ToolsGroup

FEBRUARY 28, 2023

That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world. Key Takeaways The SO99+ Supply Chain Planning Solution is the market leader in dynamic planning.

Supply and Demand 156

Supply and Demand Supply Chain Planning Software Modeling Demand Planning Software 156

Proxima

JUNE 5, 2023

It is now relatively safe to say this period has passed – for months now we have been seeing an increase in manufacturing and logistics capacities, as the strategies firms have deployed to counteract supply chain disruption begin to bear fruit. Yet while this is true, it doesn’t much feel like it to the average consumer.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Purchasing Skills Procurement Solutions 52

ToolsGroup

MARCH 7, 2023

Now supply chain teams can have the best answers when they need them, helping our customers better navigate supply uncertainty. This is another step forward in our mission to make supply chains a force for good in supply.” Version 8.60 For more information about SO99+, read our blog on the v8.60

Optimal Sourcing 156

Optimal Sourcing ToolsGroup Supply Chain Planning Software Scenario Planning 156

Synovos

FEBRUARY 21, 2023

Importance of Supplier Relationships in Indirect Procurement Challenging times call for closer relationships between organizations and their MRO suppliers Strong and successful indirect procurement strategies depend on strong and successful supplier relationships. Indirect procurement can be somewhat hidden, though.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, Predictive AI has been used in numerous unique applications outside the supply chain.

Predictive Analytics Software 96

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 96

NC State SCRC

MAY 30, 2022

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Driving Sustainable Growth Through Supply Chain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.

Supply Chain Planning Software 246

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

ToolsGroup

DECEMBER 10, 2023

Is AI our own enchanted solution It’s the holiday season, and while festivities may be muted publicly, I’ve still been enjoying lighting the tree, drinking mulled wine, and celebrating with loved ones at home. Holiday supply chain challenges It is an especially fraught holiday season for supply chain logistics.

Modeling 156

Modeling Supply Chain Optimization Optimization Modeling Optimization Software 156

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. Better cash flow management Purchasing inventory when it is needed and storing it in a cost-effective manner means cash is freed up for other aspects of the business. Equally, the likelihood that they will buy from you again is lower.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

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

Logility

JANUARY 4, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced a partnership with Planalytics, Inc. We are excited to help businesses better manage supply chains by operationalizing weather impact analytics within their Logility solutions,” said Scott Bernhardt, president, Planalytics.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

Supply Chain Matters

JULY 5, 2022

Supply chain technology industry analyst and Supply Chain Matters Founder Bob Ferrari provides added perspectives and highlights to last week’s announced acquisition of Starboard Solutions by Logility. This was not the first acquisition of a promising supply chain network design technology provider.

Procurement Solutions 52

Procurement Solutions Network Design Software Supply Chain Design Software Modeling 52

Supply Chain Shaman

SEPTEMBER 5, 2022

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Greatest Issues of Supply Chain Leaders in the Period of March 2020 to July 2022.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Supply Chain Shaman

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. Today’s risk management solutions focus largely on supply sensing and early alerting. Some solutions now include proactive event management driving recommendations to correct/prevent disruption.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Logistics Viewpoints

JANUARY 11, 2023

Supply chain disruptions have brought about an age of innovation. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. 2022 Supply Chain Predictions ; Chris Cunnane, Steve Banker, and Clint Reiser.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. OTR freight represents a long-standing aspect of supply chain operations and transportation management. As highlighted by?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

SYSPRO Smarter ERP

JULY 4, 2022

With ongoing supply chain disruptions continuing to affect all industries, that’s a question that the fabricated metals industry is beginning to ask. Supply Chain disruptions are creating a chain reaction across the metal fabrication industry. Connecting through Cloud ERP.

Optimization Software 111

Optimization Software Analytics Software Predictive Analytics Software Supply Chain Network Software 111

Resilinc

DECEMBER 5, 2023

Shahzaib Khan discusses Resilinc’s journey toward AI-driven supply chain excellence From its early inception in the 60s’ to its increasingly available public access, artificial intelligence (AI) has come a long way. Enter the future of AI in supply chain.

Supply Chain Risk Management 75

Supply Chain Risk Management Risk Management Modeling Agile and Lean Supply Chain 75

RFgen

APRIL 12, 2024

To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Even the initial purchase of inventory triggers a cascade of additional expenses, like shipping, handling, taxes, and so on.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

RFgen

JANUARY 22, 2017

Many small to medium-size business owners are turning to supply chain management solutions to solve their biggest problems. That’s why, to compete, they must ensure all components of their supply chain management processes run smoothly.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Supply Chain Planning 52

RFgen

JANUARY 22, 2017

Many small to medium-size business owners are turning to supply chain management solutions to solve their biggest problems. That’s why, to compete, they must ensure all components of their supply chain management processes run smoothly.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Supply Chain Planning 52

Logility

OCTOBER 29, 2021

Manufacturers have been through a trial by fire with supply chain disruptions and changes in demand during the past two years. They are coming to the realization that they must innovate and build resilience for whatever might come next. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Logistics Viewpoints

MAY 25, 2022

But it has certainly been more pronounced recently within the supply chain world. This is evident from the widespread global supply chain disruptions that we all read about daily. Dan stated that the continuous updates that come with Active WM was a strong selling point for adopting the solution.

Conference 175

Conference Supply Chain Planning Software Optimization Software Scenario Planning 175

ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. Its cause can be related to poor demand forecasting, changes in global economic conditions, supply chain disruptions, or shifts in consumer preferences.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

QAD

JANUARY 18, 2024

Businesses today face a complex web of challenges, from material shortages to supply chain disruptions and cyber attacks. Our white paper offers a comprehensive guide to risk management requirements, contingency planning, risk appetite considerations and solutions for automation. Why Read Our Risk Management White Paper?

Risk Management 96

Risk Management Automotive Material Savings Supply Chain Planning 96

The Logistics & Supply Chain Management Society

JUNE 10, 2021

Managing the expectations of stakeholders and preserving the bottom line, is crucial to handle uncertainty and sustain supply chain stability. But good solutions can transform risks into opportunities. As supply chains disruptions are unpredictable preparing for any kind eventuality is a major challenge.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chain Strategy 246

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 not a lot of structure,” Mr. Henson explained.

Procurement Solutions 105

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

Unleashed

AUGUST 3, 2021

purchase in bulk, hoarding quantities?of they had to respond to supply?chain?disruptions, disruptions, plus the need to keep?employees?safe,?and also disrupted lead times.?These These disruptions?and Surveys show that two out of five puppy purchases were directly?influenced increase in?sales Sales of pet?food

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Talking Logistics

JULY 25, 2018

This invite-only event brought together supply chain and IT executives from a cross section of companies, along with several executives from IBM, including Jeanette Barlow, Vice President of IBM Supply Chain Solutions, and Ron Castro, Chief Supply Chain Officer at IBM.

Supply Chain Planning Software 106

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Predictive Analytics Software 106

ThroughPut

FEBRUARY 2, 2024

Some of the significant improvements you can expect are: Agile and Responsive Decision-Making: The real-time data and predictive insights provided by advanced analytics enable supply chain managers to make quick, informed decisions. Here’s a look at some real-world examples and applications of supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 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. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

crisp

APRIL 25, 2024

Like many of his peers, General Mills CEO Jeff Harmening noted inflation is stabilizing, supply chain disruptions are dissipating, and consumer confidence is improving thanks to wage growth and a strong labor market – all of which is good for the CPG industry. Jeff Harmening, CEO General Mills Where does sustainability fit in?

Demand Planning Software 52

Demand Planning Software Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 52

Freightos

NOVEMBER 11, 2021

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. This isn’t just about purchasing power. Image via StarAir.dk). Behind the Maersk shift.

Price Reduction 177

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

EcoVadis

FEBRUARY 28, 2016

Avnet’s Supply Chain Navigator , February 2016. Supply chains become ever more complex and global, while at the same time the spotlight on transparency and innovation around Corporate Social Responsibility (CSR) is shifting to the supply chain. Note: This blog was originally posted on.

Procurement Solutions 40

Procurement Solutions Supply Chain Network Software Demand Planning Software Logistics Network Optimization Software 40

Logility

APRIL 10, 2017

Look at the process enabling tools. Specifically, what does your supply chain team use to manage supply chain planning? Survey after survey points to spreadsheets as one of the primary tools used along with ERP systems and homegrown solutions. When a disruption takes place (e.g.

Supply Chain Planning Software 100

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 100