Logistics Bureau

DECEMBER 9, 2020

ARTICLE SUMMARY. For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. 2) Finance Manager.

Manufacturing Procurement 98

Manufacturing Procurement Pricing Training Procurement Analytics Purchasing Skills 98

Supply Chain Game Changer

FEBRUARY 11, 2021

What powers Artificial Intelligence article and permission to publish here provided by Edward McGeachie at myseaforth.com. But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. For many people in Procurement, the language used in data science can be confusing.

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

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

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer? ” Ouch!

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

Claritum

NOVEMBER 23, 2020

Claritum’s top ten 2021 predictions for Procurement. Medium sized organisations will use procurement automation and buyer portals in the cloud, to address concerns of spend management, remote working and data security. Use of AI Machine Learning, specifically in data analytics, will move mainstream for Procurement.

Predictive Analytics Software 41

Predictive Analytics Software Optimal Sourcing Predictive Analytics Procurement 41

GlobalTranz

AUGUST 18, 2021

Even more complex, some 3PLs may offer different degrees of service, such as a 4PL model that blends a shipper’s existing network and fleets with a 3PL’s technology and solution, as discussed in this third-party versus fourth-party value article. . Focus on Carrier Procurement and Management.

Logistics Network Optimization Software 309

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Optimization Software 309

SCMDOJO

MARCH 27, 2024

Hence, regardless of your specific aim, this article will shed light on the top software you need. That could include AI-driven analytics, real-time tracking, and integration with loT devices. 3 Precoro Precoro simplifies procurement processes for small to medium-sized businesses. Cons: It is more focused on procurement.

Supply Chain Design Software 69

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 69

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. Hopefully, by the end of the article you will also agree. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. Advancement in analytics improves outcomes.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Supply Chain Shaman

JUNE 9, 2023

With the rise of logistics and procurement constraints, an analysis of only manufacturing does not yield a feasible plan. MRP Alone Is Not Sufficient for Procurement. Procurement planning inside of lead time is not sufficient. Procurement planning inside of lead time is not sufficient. My response is a big YAWN.

Optimal Sourcing 299

Optimal Sourcing Supply Chain Planning Software Supply and Demand Supply Chain Design Software 299

Freightos

APRIL 27, 2023

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. I’ve heard anecdotes from the past two years of SVPs at multinational companies needing to sign off on spot procurement but the degree of interest executives are now showing is impressive.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. Time to Look into the Future of Procurement! Subscribe Here!

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

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. Introduction. TECHNOLOGY.

Analytics Software 36

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

Jaggaer

OCTOBER 8, 2019

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. It identified a couple of key challenges.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 40

Supply Chain View from the Field

DECEMBER 23, 2014

The leading IT magazine, CIO Review, today published a special issue on supply chain transformation, and included an article I wrote on spend management as a core capability. Despite the importance of this capability, many enterprise systems struggle to develop a comprehensive and accurate spend analysis report.

Negotiating Skills 135

Negotiating Skills Purchasing Skills Procurement Analytics Analytics Software 135

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers.

Procurement Analytics 50

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 50

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. Basing this on the many articles I have read covering this subject. Basing this on the many articles I have read covering this subject. Procurement Domain Name.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Claritum

JULY 16, 2019

Claritum Article - Procurement Blog. Related articles. The purchase of goods and services can be split into two primary procurement domains: The Strategic Core purchases that enable an organisation to produce their product or service (called Strategic Spend by many organisations). Introduction. 1 Introduction.

Procurement Analytics 32

Procurement Analytics Procurement Solutions Procurement Analytics Software 32

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

The answers lie in investments in supplier development teams, the simplification of the bill of materials and product platforms, and analytics to forecast requirements based on consumption. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.”

Supply Chain Design Software 130

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

Supply Chain Shaman

JULY 30, 2022

A requirement to apply as an analyst position for AMR Research was to write an opinion piece and defend the article in an interview. Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? I remember the evening well.

Supply Chain Design Software 195

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

Supply Chain Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. Procurement and transportation operated as islands. Bring on new forms of analytics in a meaningful way… My Plea. Not the Jetsons : Ten Use Cases for Cognitive Analytics. Stay tuned.

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 88

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 88

The Logistics & Supply Chain Management Society

JULY 16, 2023

Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World Feature Article by J eroen Hendriks , Director at Art of Supply Chain Sdn Bhd The global business landscape has become increasingly complex and volatile, posing significant challenges to supply chain management.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

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. Strategic sourcing involves the meticulous evaluation of suppliers and the overall procurement process to extract maximum value from both. Create a purchasing process.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Supply Chain Shaman

NOVEMBER 11, 2020

As a part of this due diligence, I interviewed the Company, participated in briefings, and talked to references and employees to write this article. Rubikloud, with advanced analytics for trade promotions, price, and assortment, positions new solution techniques with artificial intelligence for traditional data model constructs for modeling.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

The Logistics of Logistics

NOVEMBER 5, 2021

Original article: Warner’s Top Transportation & Logistics Influencers. He is also the Founder and Co-Director of the MIT FreightLab – a research initiative that works on improving the way freight transportation is designed, procured, and managed. Original article: Warner’s Top Transportation & Logistics Influencers.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Transportation Supply Chain Design Software Supply Chain Planning Software 147

Precoro

JULY 16, 2023

There are three key metrics to track to understand inventory efficiency: inventory turnover inventory-to- sales inventory accuracy You can read about these metrics in more detail in this dedicated article about supply chain metrics. The software also provides managers with comprehensive reports and analytics.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Supply Chain Shaman

SEPTEMBER 3, 2018

” Here is an excerpt from the article: “…it isn’t by becoming more efficient that the supply chains of Wal-Mart, Dell, and Amazon have given those companies an edge over their competitors. Maturity in Analytics. It requires the building of an analytics framework. Network Design Analysis. Supplier Development.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 311

Supply Chain Game Changer

AUGUST 5, 2021

The Supplier Management Secret Recipe article and permission to publish here provided by Sam Jenks. In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Ounces | Sustainable Procurement Initiatives. Subscribe Here! Email Address. I love cooking.

Supplier Management 98

Supplier Management Optimal Sourcing Sourcing Strategies Vendor Strategies 98

Ware2Go

FEBRUARY 20, 2023

These solutions often use real-time data and analytics to optimize the flow of goods and information throughout the supply chain. Using predictive analytics, artificial intelligence, and machine learning will enable better decision-making and reduce costs.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 98

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

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. Role of IT article and permission to publish here provided by Claire Glassman. Supplier Relationship Management.

Supply Chain Planning Software 115

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

HICX Solutions

MAY 12, 2023

On September 21 & 22, over 5,000 people from numerous leading global corporations came together for DPW Amsterdam 2022 to share their experiences about a wide range of topics in Procurement and Supply Chain. Automate the simple As Sam explains, “We need to break our procurement teams free from the day-to-day tasks that burden them.”

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Vendor Strategies Optimal Sourcing 52

Supply Chain Game Changer

JUNE 23, 2021

Featuring Our 12 Best Procurement Articles! Competitive bidding results article and permission to publish here provided by James Liang at PowerRFP. While they should have a strong emphasis on increasing sales, they often under-invest in improving procurement performance. Subscribe Here! Email Address.

Optimal Sourcing 72

Optimal Sourcing Analytics Software Optimization Software Supply Chain Software 72

My Office Apps

AUGUST 31, 2023

This article explores the intricate relationship between ERP evolution and the emergence of AI, highlighting their collective impact on supply chain management. These systems have become strategic orchestrators of business processes, encompassing finance , procurement , manufacturing , and more.

Optimal Sourcing 71

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Forecasting Software 71

Supply Chain Shaman

FEBRUARY 14, 2022

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. Shifts in Thinking on Planning Processes When Embracing New Forms of Analytics. Bad behaviors perpetuate. If it weren’t sad, it would be laughable.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195