EC Sourcing Group

OCTOBER 4, 2022

Strategic Sourcing Solutions to Enhance Your Bottom Line. Strategic sourcing is vital to procurement and the supply chain overall, as it allows companies to gain the lowest cost of a good or service while minimizing supply chain risk. Strategic Sourcing Solutions : Your Sourcing Tactics. What Is Strategic Sourcing?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Procurement Solutions 52

Supply Chain Shaman

NOVEMBER 21, 2022

As a developer working on the braking software of an automatic car for the past eight years, he constantly tells me that it is not easy, and all of the estimates are too waaaay too positive. Self-driving supply chains are an example. For each issue in the customer service analysis ask, “When did we know? The facts are clear.

Supply Chain Planning Software 303

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 303

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

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

Supply Chain Shaman

JUNE 23, 2020

” Or, “If you need an answer, implement my solution.” Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.).

Supply Chain Design Software 292

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 292

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. This means building a cognitive engine to sense, learn, and adapt using market data for innovators. Need For What-If Analysis. The reason?

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. But do you really need to look specifically at digital twin solutions, or might some of these already be available in the automation you already have? come with any of them.

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

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

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. One example of value addition can be in the form of supplier collaboration and developing long-term relationships with them. Technological infrastructure has been a blessing in disguise for the modern procurement world.

Procurement Solutions 58

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 58

Supply Chain Shaman

DECEMBER 11, 2018

Supply chain innovation is slowly simmering in the face of radical disruption. Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. Examples include Hadoop, Kafka, and Apache Spark. . A confluence of technology drives innovation. Together, we walk in a fog.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

QAD

MAY 26, 2021

Founded in 1979, QAD began as a small startup solution working with local companies to address a large gap in complete, integrated business software for manufacturing companies. As manufacturing businesses took their brands globally, we adapted quickly to keep up and our software has adapted as well. Connected Supply Chain.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Supply Chain Design Software Analytics Software 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

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. around the globe?—?and

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. One example of value addition can be in the form of supplier collaboration and developing long-term relationships with them. Technological infrastructure has been a blessing in disguise for the modern procurement world.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 40

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 stands for Maintenance, Repair and Operations and refers to the MRO of the machinery, equipment, and tools necessary to run a business.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Supply Chain Shaman

FEBRUARY 13, 2017

Founded in 2000, Steelwedge was an innovator in Sales and Operations Planning (S&OP) and was an early provider of cloud solutions for supply chain. Here is my analysis. I asked him over and over, “Is the market ready for a solution for JUST Sales and Operations Planning? The focus was on automating procurement.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Supply Chain Software 0

SCMDOJO

JUNE 21, 2023

SCaaS is a technology-driven approach to managing supply chains, offering comprehensive end-to-end solutions for businesses. SCaaS offers a solution by enabling hospitals to engage in strategic procurement, ensuring standardized operations throughout the contract duration. Let’s delve into this emerging concept.

Supply Chain Planning Software 89

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing 89

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. These examples are just the tip of the iceberg. Let’s dive in.

Inventory Management Software 52

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

Turvo

AUGUST 31, 2021

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Optimal Sourcing 59

Unleashed

JANUARY 29, 2024

This article looks at the SKU rationalisation process, how to utilise SKU rationalisation analysis for your business, and some essential best practices for implementing it. You can keep your purchasing costs down by stocking only the SKUs that generate profit and demand. What is SKU rationalisation? Reduced storage and supplier costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Historically, demand forecasting relied on simple tools and intuition, but as supply chains have become more complex and globalized, the need for sophisticated forecasting methods has grown.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Enterra Insights

MAY 25, 2022

Haas and his colleagues explain, “For many companies, helping consumers make purchase decisions by delivering relevant content throughout the buying cycle is a top priority. ” Complicating this challenge is the fact that consumers can easily hop on and off the digital path to purchase. That isn’t always easy.

Customer Service 130

Customer Service Analytics Software Supply Chain Planning Software Optimization Software 130

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Enterra Insights

MAY 6, 2021

For example, Boian Alexandrov and Velimir ‘Monty’ Vesselinov, scientists at the Los Alamos National Laboratory, call big data a “bottomless ocean” and marketing expert Angela Hausman ( @MarketingLetter ), compares big data to “mountains.” That’s the key question descriptive analytics solutions tackle.” 2.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Enterra Insights

JANUARY 25, 2024

Data will not disappear as a result of the enactment of privacy laws and regulations; however, privacy laws and regulations do make the collection, storage, and analysis of data more complicated. For example, the National Cybersecurity Alliance notes, “Your online activity creates a treasure trove of data. Manageable.

Data 130

Data Modeling Software Supply Chain Design Software Analytics Software 130

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

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

SCMDOJO

NOVEMBER 18, 2023

The technology is an effective tool for patient care, diagnosis, and therapy because of its capacity to analyze enormous volumes of medical data and spot trends. For example, Google DeepMind has created an algorithm that uses retinal scan analysis to identify eye disorders such as diabetic retinopathy. Drug Discovery.

Predictive Analytics Software 85

Predictive Analytics Software Modeling Software Optimization Software Forecasting Software 85

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

ThroughPut

MARCH 28, 2024

Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Food Retail In the food retail sector, AI has been helping reduce wastage as the tools can more accurately predict the demand for products. All for the good. Let’s find out more about this in this article.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

SYSPRO Smarter ERP

MARCH 21, 2022

SCM solutions provide oversight of materials and products, and their associated data, as they move through the supply chain from supplier to consumer. Risk analysis is becoming an important part of SCM. The modernization of software is going to be needed if supply chain management is going to be a valuable business function.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Forecasting Software 116

Unleashed

MARCH 6, 2024

Three reasons why it’s important to improve supply chain agility: Remain adaptable to market changes: Responding quickly and effectively to changes in customer preferences, demand patterns, and product innovations helps you to capture new opportunities and gain a competitive edge.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Virtual Procurement Agents.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Cognira

FEBRUARY 12, 2024

The future of retail promotions is being shaped by innovative advancements, particularly in the field of artificial intelligence (AI). In this blog, we’ll explore the outlook for retail promotion management innovations, shedding light on the key trends that will redefine the retail promotion landscape this year.

Waste Reduction 52

Waste Reduction Inventory Reduction Retail Optimization Software 52