Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Logistics Viewpoints

JUNE 1, 2023

With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek. In March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.

Supply Chain Planning Software 193

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

Supply Chain Shaman

AUGUST 18, 2022

The company had a team of 25 demand planners, spent 10M$ on the roll-out of a planning system, and was being courted by multiple consultants to implement a new demand planning technology. In addition, the team did not believe that the system could calculate safety stock as effectively as they could manually (adding to the process latency).

Supply and Demand 251

Supply and Demand Demand Planning Software Optimal Sourcing Supply Chain Planning Software 251

Supply Chain Shaman

JUNE 1, 2022

I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence. On average, industries carry 38 more days of inventory than in 2007. The problem is that most of it is the wrong inventory due to planning fallacies.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain Matters

FEBRUARY 1, 2023

As businesses report their financial performance for the 2022 final quarter and full year, Supply Chain Matters highlights select bellwether firms that we consider a relatively good indicator of anticipated 2023 industry supply chain challenges. For the quarter that ended on December 31, 2022, the company reported KRW 70.5

Electronics 59

Electronics Modeling Demand Planning Software Modeling Software 59

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Enterra Insights

OCTOBER 11, 2022

To help them navigate that changing landscape, Enterra ® developed the Enterra Global Insights and Decision Superiority System that can run hundreds of different scenarios in a very short time to help companies generate the right strategy in a rapidly shifting environment. ” • Manage inventory. ” • Be demand-driven.

S&OP 130

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Planning 130

Supply Chain Shaman

SEPTEMBER 22, 2021

As such, they serve the business leaders as a system of record for planning information, but they do not serve the core user very well. This is despite the purchase of Terra Technology Demand Sensing and Multi-tier Inventory Management (MEIO) in 2014 for 12-14M$ (including implementation). September 2021-March 2022.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. I term this our data jail. The focus of the Gartner Magic Quadrant.)

Optimal Sourcing 324

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 324

Synovos

NOVEMBER 10, 2023

The objective of the EcoVadis methodology is to measure the quality of a company’s sustainability management system through its policies, actions, and results. The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

ivalua

SEPTEMBER 14, 2022

In addition, 26% of respondents agree their organizations lack adequate systems for defining and triggering a response to supply chain disruption, while a quarter (25%) have an inability to effectively assess the risk of individual suppliers. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua.

Supply Chain Planning Software 130

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

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. AI applications will become increasingly important especially in buyer-seller transaction systems, to enable improved efficiency of transaction flows.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. In February 2022 I ordered a lovely midcentury modern table. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. Once a return was triggered in the system, information flows failed.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Supply Chain Shaman

FEBRUARY 14, 2022

At the time, I was fascinated how the most mature teams bucked the system. In 2022, I frequently ask companies to draw their river of demand. Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Let’s start with inventory. Let me explain.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Locus Robotics

JULY 12, 2022

Let’s look at the latest and greatest inventions, strategies, and systems that could help your facility stay competitive and thrive in 2022 and beyond. 14 Manufacturing Trends in 2022. Accessible Automation. ERP systems help manufacturers automate different areas of operations under one comprehensive system.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Supply Chain Design Software 52

Supply Chain Shaman

SEPTEMBER 27, 2021

Importers are trying to push 30 percent more thru a system that is running at 70 percent throughput aainst the old level. My thought was to combine my experience working on visibility solutions with Descartes Systems Group and Manugistics with recent research data. Conventional approaches are not sufficient. I thought it would be easy.

Supply Chain Planning Software 309

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 309

Supply Chain Matters

MARCH 5, 2022

The Supply Chain Matters blog features our March 5, 2022 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership. Names included in this edition include: RightHand Robotics.

Supply Chain Planning Software 52

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

ivalua

JUNE 1, 2022

Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Turvo

MARCH 3, 2022

Leading logistics and supply chain collaboration service, Turvo, has recently announced a new partnership with street-turn expert, MatchBack Systems. This collaboration brings MatchBack Systems’ street turn optimization capabilities to increase supply chain efficiency while augmenting Turvo’s existing services at the same time.

Optimization Software 52

Optimization Software Supply Chain Network Software Analytics Software Predictive Analytics Software 52

ShipBob

JUNE 29, 2022

When selling products online, you need to invest in software and tools that will be able to let you effectively receive and process orders, manage inventory, and automate different tasks. This means the system should be able to integrate with your online store so you can get real-time visibility into ecommerce orders. Order processing.

Inventory Management Software 52

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

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. ” Solutions, like the Enterra Revenue Growth Intelligence System ( ERGIS ), can help enterprises find opportunities in today’s everchanging retail landscape. Transforming Inventory Management. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

NC State SCRC

NOVEMBER 29, 2023

During that time, she worked in a number of different areas including direct procurement, indirect procurement, operations, supply chain, packaging, and operations support including: HR, finance, IT and facilities management. Now, Pam is helping lead a digital procurement transformation for Caterpillar Inc.

Supply Chain Planning Software 52

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

Enterra Insights

AUGUST 11, 2022

NOAA’s outlook for the 2022 Atlantic hurricane season, which extends from June 1 to November 30, predicts a 65% chance of an above-normal season, a 25% chance of a near-normal season and a 10% chance of a below-normal season. Communication systems could be wiped out in a disaster, people need to know what to do if they can’t communicate.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Forecasting Software 130

ToolsGroup

MARCH 31, 2022

He developed and applied a sophisticated optimization algorithm that improved a key production process by 64 percent and architected a constraints-based production system that optimized planning across 31 steelmaking processes. He also designed an inventive ‘e-Kanban’ demand-driven inventory replenishment system.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Optimal Sourcing 156

SCMDOJO

AUGUST 16, 2023

[Read More: ERP Master Data: A Guide to Improve Quality & Governance ] Role of Data Analysis through Barcode Scanning and Point-of-Sale Systems Data analysis is at the core of Walmart’s supply chain prowess.

Inventory Reduction 79

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 79

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

All products are classified with a specific code according to the Harmonized System (HS). Many companies buy forward inventory ahead of tariffs being implemented. LogiSYM Supply Chain Magazine – August 2022. Product strategies. Reclassification. The HS code determines the tariff a product will incur at the time of import.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

Supply Chain Game Changer

NOVEMBER 3, 2022

With the role of IT and the help of managed IT support providers like [link] , these modern systems enable you to secure your supply chain by automating time-consuming processes and upgrading data security measures. This information can help companies manage inventory levels and improve customer service and engagement.

Supply Chain Planning Software 115

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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Procurement. Inventory Management. Contract Review.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Matters

APRIL 25, 2022

The facility’s operations director indicated to state-owned media outlet Xinhua that the production facility had limited inventory, enough to support one week of production. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved. .

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 52

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. By establishing the concept of eco-friendliness in your supply chain, a green logistics system can be introduced. More time and energy is spent on forecasts to reduce inventory that is no longer in use. A slow-moving crisis. Putting sustainability into practice.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

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. AI requires a powerful network to retrieve data from internal systems and ecosystem partners.

Supply Chain Planning Software 246

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

ToolsGroup

SEPTEMBER 20, 2022

Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. AI: The theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech recognition, language translation, and decision support systems.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

BlueYonder

FEBRUARY 17, 2022

Next, emerging technology brought voice systems to the forefront of warehouse investments. Impact: Companies that were operating on home-grown or basic Tier 2 & Tier 3 logistics warehouse and transportation systems are finding themselves hindered and unable to scale, thus hindering their real potential growth.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 71

Stord

JANUARY 11, 2022

Now that we’re in 2022, things should revert back to normal (whatever that means), right? More partners require significant overhead and capital to maintain." - Sarang Damle, Group Product Manager, Orders & Inventory Data and Service Capability Silos "Supply chains are too often built in and operate from silos.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Forecasting Software 78