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, 2023

In March 2022, online shopping was up 27% over the previous year. From the start of the pandemic until March 2022, online shopping went up by 33%. In 2022 overall, U.S. And future supply chains will rely on effective data collection, advanced analytics, automation, and control towers augmented with AI/ML technology.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. “As The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua. About the research. Download the Ivalua “ Supply Continuity – A Visual Spotlight ” study.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream. Improving efficiencies with data analytics. Inventory Analytics. Cloud technology accelerates. Multi-warehousing efficiencies.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Supply Chain Game Changer

NOVEMBER 3, 2022

Procurement Management. Procurement is one of the most important parts of supply chain management because it determines which suppliers you work with and how much they charge for their products or services. As a result, you can eliminate paper-based processes and reduce errors due to manual data entry. Supplier Relationship Management.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Software Negotiate Pricing Negotiating Skills 115

NC State SCRC

JANUARY 18, 2023

Handfield and Universidade Federal do Espirito Santo’s Dr. Marcos Paulo Valadares de Oliveira showed that an open analytics culture (OAC) strongly correlates with improved supply chain performance metrics. Supply Chain Metrics!?!? What is an “Open Analytics Culture” (OAC)?

Analytics Software 40

Analytics Software Resource Reduction Cost Reduction Strategies Waste Reduction 40

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. transportation metrics ?that That’s an astonishing $933.30 Download the White Paper: Over the Road Freight Management Trends.

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

BlueYonder

NOVEMBER 11, 2021

This is Part 2 of a multi-part series addressing logistics imperatives necessary to manage uncertainly and disruptions heading into 2022. This dramatically cuts down on the physical and analytical demands placed on supply chain professionals every day. . You can find Part 1 here.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Waste Reduction Inventory Reduction 52

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Organizations can align to drive value despite the allegiance to functional metrics. In my recent class, I asked the attendees to rate how the shift in paradigms of using new forms of analytics changed their ability to think about the use of data in S&OP.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. The Role of Digitisation and Analytics in Supply Chain Resilience. HOW DID WE GET HERE?

Supply Chain Planning Software 246

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

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

American Global Logistics

JULY 14, 2023

However, there is a need for more precise and comprehensive metrics to understand the full economic impact of supply chains. The services industry, which is much larger than the goods sector, has started a potential wage-price spiral through pay raises granted in 2021 and 2022. business logistics amounts to 9.1% The cost of U.S.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

ShipBob

APRIL 26, 2023

Make sure you have an accurate idea of lead times in relation to your production and procurement processes. Use data and KPIs to identify pressure points Keeping a close eye on your supply chain metrics is another crucial step as this allows you to identify areas that may look problematic and need improvement.

Supply Chain Planning Software 52

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

Logility

OCTOBER 6, 2023

In a 2022 study conducted by Accenture entitled, “ How the cloud boosts supply chain innovation” , they found that 60% of cloud leaders are outperforming their competitors in supply chain transformation. Data can be exposed for analytics purposes through several different mechanisms.

Supply Chain Planning Software 193

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

o9 Solutions

NOVEMBER 10, 2022

Within an organization, sustainability data is found in environmental, procurement, financial, product lifecycle, regulatory compliance, human resource management, ERP, and logistics systems (e.g., More automated ESG data management processes can provide a higher level of assurance (Deloitte, 2022). WMS and TMS). References.

Supply Chain Planning Software 52

Supply Chain Planning Software Data Optimal Sourcing Procurement Analytics 52

E2open

DECEMBER 8, 2022

8, 2022 – E2open Parent Holdings, Inc. release includes innovations such as advanced analytics to better align rebate and incentive programs with corporate goals, helping increase returns on channel investments. AUSTIN, Texas – Dec. “Our 22.4 Rapid return on investment starts with speedy implementation.

Supply Chain Network Software 60

Supply Chain Network Software Supply Chain Planning Software Analytics Software Forecasting Software 60

Unleashed

JANUARY 24, 2022

Techniques for 2022 What is MRO inventory? MRO inventory can account for a sizeable portion of a business’ total procurement spend. Take a comprehensive approach to MRO inventory procurement. Train staff on how and where they can find the MRO inventory they need and the procurement processes of the organisation.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. I had learned deep analytical skills, organizational and planning skills, learning abilities and more. Originally published on February 15, 2022. Infographic). All Rights Reserved.

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

NC State SCRC

APRIL 27, 2022

This was without doubt a sobering presentation, and no one who sat in felt very good about the remainder of 2022 and the likelihood of inflation and continued shortages of semiconductors, materials, and labor. However, as someone also said afterwards, “Well at least you were realistic and honest!

Supply Chain Software 40

Supply Chain Software Supply Chain Planning Software Supply Chain Planning Supply Chain 40

Intelligent Audit

NOVEMBER 10, 2021

The high priority focus on RFPs and carrier network optimization will continue to impact services and shipping protocols well into 2022 and beyond. Be transparent about goals and set clear parameters regarding volume expectations, performance, success rates, and other critical metric milestones.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Network Software 52

ShipBob

MARCH 3, 2022

Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for. In January 2022, the variable cost incurred was $3,000, which includes the raw material, electricity, and labor. Profit is secured when cost per unit < price per unit.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Aera Technology

AUGUST 16, 2018

percent CAGR through 2022. In the case of forecasting, analytics and algorithms applied to the data enables Merck to forecast more accurately than traditional tools and humans in 80 percent of their predictions. Pharma supply chains are complex, highly regulated, and reach a customer base rivaled by few.

Pharmaceutical 40

Pharmaceutical Supply Chain Planning Software Supply Chain Software Forecasting Software 40