Supply Chain Shaman

JUNE 1, 2022

Ironically, analytics capabilities increased greatly, while organizational capabilities precipitously declined. Comparison of Business Results to Peer Group of the 2022 Gartner Top 25 Winners. As a result, the river of demand becomes dirty and turbulent as demand flows through the organization to procurement. I think not.

Supply Chain Planning Software 195

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

EC Sourcing Group

JANUARY 19, 2023

S pend analysis in procurement is a longstanding concept, however, implementation can be difficult without the proper tools. Over the years, implementing this kind of analysis has become more accessible than ever with the advent of robust procurement tools and software.

Analysis 52

Analysis Procurement Solutions Analytics Software Logistics Network Optimization Software 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. This will improve the ability for data analytics to be used to improve operations and provide an efficient and scalable freight management workflow. Price Lookup and Comparison.

Supply Chain Software 246

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

Supply Chain Shaman

NOVEMBER 11, 2020

Rubikloud, with advanced analytics for trade promotions, price, and assortment, positions new solution techniques with artificial intelligence for traditional data model constructs for modeling. For comparison, JDA had $2B in debt with a minority investment by Blackstone Partners in 2016. Then I talked with Rob, the Coupa CEO.

Supply Chain Design Software 297

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

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

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. Machine Learning, Cognitive Analytics.

Analytics Software 36

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

Supply Chain View from the Field

JUNE 5, 2013

I spoke at a meeting of Procurement Leaders in Boston today, and had the opportunity to share thoughts with a number of procurement professionals from organizations as diverse as Decker Shoes (producers of Uggs), MascoTech, TorontoDominion, Guardian Life, and AARP. We are not out to eliminate profit. Not all costs are controllable.

Negotiate Pricing 68

Negotiate Pricing Negotiating Skills Cost Reduction Strategies Analytics Software 68

EC Sourcing Group

OCTOBER 20, 2020

Those in the market for RFP software , performing an RFP software comparison is a wise idea, as there are features that may be in one suite or software package that may not be in another. RFP Software Comparison : What Does RFP Software Do? Have automated analytics so you can quickly see results post-RFP. Gather the team.

Comparison 52

Comparison Procurement Solutions Analytics Software Software 52

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. Features of eSourcing Software: Spend Analytics. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions. Features of eSourcing Software: Side-by-Side Comparison Tools.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

EC Sourcing Group

DECEMBER 28, 2021

Underneath the umbrella of supply chain management are procurement and the sourcing of goods and materials. Features of eSourcing Software: Spend Analytics. Spend management tools that are in your procurement or sourcing suite can help you make informed decisions. Features of eSourcing Software: Side-by-Side Comparison Tools.

Analytics Software 52

Analytics Software Optimization Software Supply Chain Software Optimal Sourcing 52

Supply Chain Shaman

SEPTEMBER 17, 2014

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. The use of channel data into advanced analytics to sense demand.

Optimal Sourcing 301

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 301

NC State SCRC

FEBRUARY 23, 2019

Several stories came out this week, related to KraftHeinz’s share price, its procurement department, and the fate of its parent company, 3G Capital. The amount pales in comparison to the company’s other bad news Thursday — when it said it wrote down the value of its Kraft and Oscar Mayer brands by $15.4

Optimal Sourcing 51

Optimal Sourcing Policies Procurement Price Reduction 51

My Office Apps

JULY 28, 2022

When considering your current ERP software, your business could be lacking not only in the accuracy of information but also ineffective analytics and reporting on the state of your inventory. Analytics- Determine actionable data such as turnover rates and cost of goods sold.

Inventory Management Software 52

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

My Office Apps

JULY 28, 2022

When considering your current ERP inventory manager, your business could be lacking not only in accuracy of information, but also effective analytics and reporting on the state of your inventory. Analytics- Determine actionable data such as turnover rates and cost of goods sold.

Inventory Management Software 52

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

EC Sourcing Group

APRIL 19, 2022

eSourcing is a small yet vital part of procurement , which affects the overall supply chain in a positive way if it’s carried out correctly. Your software should have itemized ranking, analytics, and real-time feedback. This gives you insight as to where your suppliers stand with a side-by-side comparison. Event dashboards.

Analytics Software 52

Analytics Software Optimization Software Optimal Sourcing Supply Chain Software 52

Precoro

JANUARY 30, 2023

Plus, find a comparison table of some free purchase order software and paid programs. How a PO System Can Improve the Procurement Process Eliminates Human Error Manual document processing can lead to mistakes at any moment, from misplacing or losing a purchase order to forgetting to send it for approval or to the vendor.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Supply Chain Software 52

Supply Chain Shaman

DECEMBER 28, 2020

Days of Inventory Comparison. In short, his vision of an end-to-end supply chain was transactional: better processing of order-to-cash and procure-to-pay. Now is the time to build better using new forms of analytics to ground the supply chain in data to unleash the promise of the Art of the Possible.

Supply Chain Planning Software 411

Supply Chain Planning Software Forecasting Forecasting Software Modeling 411

LevaData

JUNE 22, 2021

Analytics play a crucial role in all aspects of sourcing and procurement management—especially risk mitigation, new product introduction, and cost optimization. Other times, it’s due to contract manufacturers making concerted efforts to disguise their data and muddle the market comparison process.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Supply Chain Planning Software Data 52

Supply Chain Shaman

JUNE 14, 2018

PFEP optimizes the policies that define how to procure each part. PFEP enables supply chain leaders to glean a 360-degree view of their inventory and procurement policies to maximize the value of each inventory dollar. Cross Site Analytics. MRP logic is a transactional planning tool for procurement. Shortage Management.

Optimal Sourcing 169

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 169

Shipchain

NOVEMBER 8, 2018

So many resources are wasted on trying to negate the issues, and although numerous risk analytics systems have been developed to try to improve the situation, nothing has proven foolproof. It could occur in the procurement of raw materials, manufacturing of products, selling and distribution of products, or in reverse logistics.

Resource Reduction 91

Resource Reduction Waste Reduction Vendor Strategies Material Savings 91

Requis

JANUARY 15, 2021

It’s been invisible because, in supply chain, procurement is sexy. Poor old asset management sounds unheroic by comparison. The fundamental vision behind Requis was to create the ultimate asset management life cycle platform, connecting all supply chain functions, and enabling businesses to procure, manage, and sell assets online.

Asset Management 52

Asset Management Analytics Software Procurement Analytics Demand Planning Software 52

SupplyPike

JUNE 10, 2020

This way, even manufacturers can save on expenses related to purchasing, by way of wiser and more lucrative procurement decisions. Category management separates products into separate groups and helps businesses implement procurement approaches and maximize savings. Put Your Mind and Heart into Decision-Making.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Analytics Supply and Demand Optimal Sourcing 63

Silvon Software

JUNE 23, 2020

As with any analytics project, start small and work your way towards your goal. The Sales to Forecast and Outlook metrics are easy ones that allow for basic comparison of sales (and orders) to the forecast and/or plan. Supply chain metrics and key performance indicators (KPIs) are sometimes a bit tougher to compile than sales metrics.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

ThroughPut

FEBRUARY 23, 2024

You can conveniently work with the right suppliers by analyzing pricing, quality, and delivery times as the system helps you identify reliable suppliers, thereby, streamlining the procurement processes. Leveraging AI in the supply chain for risk management means: You can predict potential risks with AI’s powerful data analytics in real-time.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Intelligent Audit

SEPTEMBER 15, 2021

Procurement improvements can boost efficiency and visibility. Combining deep analytics with consulting expertise to extract insights from the data can improve shippers’ strategic decisions, derive more supply chain efficiency, and remove costs. Value-Added Offerings Through Tech. Less Waste With Normalized Data. Reduced Man-hours.

Waste Reduction 52

Waste Reduction Cost Reduction Strategies Analytics Software Resource Reduction 52

NC State SCRC

NOVEMBER 5, 2016

Contract management analytics are critical for tracking transactional compliance with contract pricing, terms and conditions, but also as a vehicle for workflow management around negotiation of contract renewals, and aggregation of supplier performance data on service level agreements, delivery, quality, and service performance.

Negotiating Skills 40

Negotiating Skills Analytics Software Supply Chain Planning Software Modeling Software 40

American Global Logistics

JULY 14, 2023

As the baseline for comparison shifts to 2021 results, economic contraction becomes a possibility. Use data analytics: Analytics can help identify areas to reduce costs and improve efficiency. So, that means constraints and inflation may worsen before they begin to subside. Today, they face new challenges and opportunities.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Supply Chain Shaman

AUGUST 16, 2015

The goal is deeper analytics to sense and respond across make, source and deliver. While many will compare you to SAP, it is not a comparison. The Ariba infrastructure is so heavily entrenched in indirect procurement processes that it is hard to adapt to the solution to manage direct materials in the supply chain.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Jaggaer

APRIL 18, 2019

in 2018) and expectations of cost and efficiency savings growing faster than ever, that is the reality faced by procurement professionals. Unfortunately, the survey revealed a clear misalignment between these concerns and what the CPO Agenda terms “procurement critical development priorities”. Improve analytical capabilities.

Optimal Sourcing 78

Optimal Sourcing Analytics Software Procurement Predictive Analytics Software 78

Hybrent

MARCH 6, 2019

It automatically updates inventory amounts, makes comparison shopping fast and simple, and creates an integrated workflow for quicker approvals. Data and Analytics. Any supply chain technology needs to be supported by analytics. Medical supply chain software is a massive relief to your staff and physicians. Barcoding Technology.

Supply Chain Software 40

Supply Chain Software Analytics Software Inventory Management Software Supply Chain Network Software 40

GlobalTranz

JANUARY 30, 2015

If portions are supplied from other parties, it is vital to expose possible exceptions or differences in interpretations of the data provided in comparison to what you control. These should include the exact analytics needed, the timing of report generation, and parties within your organization responsible for collaborative evaluation.

Transportation 120

Transportation Data Analytics Software Optimal Sourcing 120

Supply Chain Shaman

NOVEMBER 21, 2018

Outsourcing–procurement, manufacturing and transportation– decreased visibility and increased data latency. Supply Chain Risk Drivers: A Comparison of Risk. Operations complexity coupled with the rise in demand volatility increases corporate risk. Reference Figure 1. The larger the bubble, the greater the risk.).

Supply Chain Planning Software 195

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 195

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery. And the reality is that Supply Chain must be cost-effective.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Supply Chain Network

MARCH 2, 2012

The acquisition expands IBM’s cloud-based analytics offerings that provide supply chain intelligence leading to better inventory management and cost efficiencies. Emptoris solutions bring more intelligence to procurement and supply chain operations with spend, supplier and contract management for Smarter Commerce.

Optimal Sourcing 79

Optimal Sourcing Modeling Negotiating Skills Manufacturing Procurement 79

Intelligent Audit

AUGUST 24, 2022

It facilitates this benefit in numerous ways, including by streamlining: Spend optimization Demand forecasting Demand accuracy Inventory optimization Procurement responses. A procurement team compared shipment prices, asking each carrier for an all-in cost. It chose a less expensive carrier when making an apples-to-apples comparison.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

Enterra Insights

MAY 31, 2019

Most of us still trusted brick-and-mortar stores, we didn’t have price comparison services, and we were at the mercy of large corporations for discounts.”[2] Invest in technology and analytics. 3] Marc Wins, “ 5 ways to adapt to changing Consumer Behavior ,” Procurement Academy, 11 March 2019. [4] Footnotes. [1]

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

Proxima

MAY 31, 2019

At Proxima, we’ve therefore been trying to envision what the future of procurement could look like and how Commercial teams can influence their organisations to drive ever more value out of their supply chains. High tech vs. skill sets. Is the public sector being left behind?

Negotiating Skills 40

Negotiating Skills Buyer Training Supply Chain Planning Software Optimal Sourcing 40