NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

ivalua

DECEMBER 17, 2018

The Hackett Group and Ivalua have been working together for some months to assess the status of Digital Procurement transformation and lessons learned from early adopters. Digital Procurement – a place we are planning to visit soon (and hopefully stay). Here are the top takeaways from that Webinar and from the full research.:

Procurement 124

Procurement Analytics Software Sourcing Strategies Supply Chain Planning Software 124

My Office Apps

JANUARY 16, 2024

In this ultimate guide, we’ll show you how to elevate your business operations, from procurement and logistics to manufacturing and more, ensuring a path to operational excellence and strategic success. Cloud-Based Enterprise Resource Planning (ERP) is a cutting-edge approach to managing core business functions using cloud computing.

Optimal Sourcing 84

Optimal Sourcing Eliminating Excel in Purchasing Manufacturing Procurement Procurement Analytics 84

Logility

AUGUST 30, 2023

Limited Data Handling Capabilities Excel is a versatile tool for basic data management and analysis, but when it comes to handling vast amounts of complex supply chain data, it falls short. Supply chain planning involves numerous variables, such as demand forecasts, inventory levels, lead times, and production capacities.

Supply Chain Planning Software 130

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

Vinculum

MARCH 20, 2020

Look at most successful businesses, enterprises or retail stores; the leading reason behind their success is their master data management solutions. Data is known to be one of the valuable assets this 2020. All thanks to the technological revolution, there has been data generated at an unprecedented pace.

Data Management 52

Data Management Sourcing Strategies Optimal Sourcing Data 52

ivalua

DECEMBER 17, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Procure-to-pay (P2P) automation and analytics won’t work very well without accurate supplier master data. Yet that goal — data accuracy — remains a considerable challenge for many Procurement and Accounts Payable organizations.

Data 130

Data Optimal Sourcing Gartner Procurement 130

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Read on to learn how to get started with procurement sourcing solutions and what to look for in software.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

HICX Solutions

NOVEMBER 26, 2020

An Interview with Scott Taylor on ‘Telling your data story’. In this video, which continues our series on the data dilemma in Procurement, I am joined by Scott Taylor, Principal Consultant, MetaMeta Consulting , and a strategic advisor in this area. Scott is also the author of ‘Telling Your Data Story.’

Data 52

Data Optimal Sourcing Procurement How To 52

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Prescriptive Analytics Software 193

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 193

Supply Chain Shaman

FEBRUARY 18, 2021

Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models. Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. For context, let’s call him Dave.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 205

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 205

ivalua

FEBRUARY 4, 2020

In the report 60% of CPOS select poor data quality, standardization and governance as being the biggest challenge in mastering digital complexity. There is definitely an aspiration to reach the point where data can be used as a matter of course to influence strategic decisions, but of course, excel is not the best tool for this job.

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

Supply Chain Shaman

JULY 30, 2022

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? Why have we not improved our use of channel data in supply chain processes?” Insights from market data to drive bi-directional orchestration.

Supply Chain Design Software 195

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

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. ERP Evolution: From Data Management to Strategic Orchestration Enterprise Resource Planning (ERP) systems have evolved beyond their origins as mere data management tools.

Optimal Sourcing 70

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Forecasting Software 70

Logility

JUNE 15, 2021

It leverages artificial intelligence (AI) and near real-time data inputs to offer granular-level forecasts, and uses advanced analytics and machine learning to recognize complex patterns and provide insights into demand that might normally go unnoticed. Supply chain data management. Time-phased replenishment planning.

Supply and Demand 147

Supply and Demand Beverage Supply Chain Planning Software Demand Planning Software 147

SYSPRO Smarter ERP

APRIL 18, 2022

With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. Without the right data insights businesses are unable to understand the impact of all factors on their daily business activities and deal with supply and demand shocks.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

EC Sourcing Group

JULY 5, 2022

The process of spend analysis has specific goals of efficiency and saving money by increasing visibility into spend, which can decrease overall procurement costs. is vital to procurement and the supply chain. Previously, companies would use software such as spreadsheets, which were difficult to use and manage. Spend analytics.

Analysis 52

Analysis Analytics Software Supply Chain Design Software Supply Chain Planning Software 52

Elementum

FEBRUARY 7, 2024

Machine Learning (ML): The Backbone of Intelligent BPA ML is pivotal in advancing BPA by introducing predictive analytics and decision-making capabilities into automated processes. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Analytics Techniques for Supply Chain 2030. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

Silvon Software

APRIL 11, 2024

Data stands as the cornerstone of the global economy, offering significant leverage to businesses poised for expansion. However, data alone lacks intrinsic value. Without analytical tools and methodologies, navigating through vast amounts of data can be overwhelming.

Predictive Analytics 83

Predictive Analytics Analytics Software Analytics Sourcing Strategies 83

Supply Chain Matters

APRIL 4, 2024

The report further indicated that Anthropic has committed to spend upwards of $4 billion on Amazon’s various Cloud infrastructure, data management software applications or custom graphics processor chips over the next five years. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

o9 Solutions

FEBRUARY 27, 2020

Automated planning master data management. Solutions Supply Chain Management. Supply Chain Analytics. Analytics Driven Control Tower to Align Supply Chain Policies to Business Strategies and Market Needs o9 Solutions February 25, 2020. Solutions Supply Chain Management. Procurement: Digital Assistance.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Silvon Software

APRIL 18, 2024

Critical to guiding them through today’s fluctuating markets is the accuracy and actionable intelligence derived from data. Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 52

ivalua

MARCH 26, 2019

Further, to bridge the digital transformation gap, the report digs into technologies that an increasing number of Procurement organizations are planning to adopt over the next 1-2 years. The report also provides a view into Procurement resources in 2019 and projected business risk that CPOs should be aware of.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Software Optimization Software 113

Supply Chain Movement

SEPTEMBER 26, 2016

There are still obstacles on the way including internal buy-in, poor master data management, supplier behaviour and more. Get experience on Lean and Six Sigma in indirect procurement. Best practices on process standardisation and governance. IKEA looking at Lean / Six Sigma for P2P indirect process.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

DynaSys

MARCH 17, 2020

In the end, ST still managed to exceed its profit goals and achieve revenue objectives adjusted for new market realities. Advanced analytics supported by machine learning and other artificial intelligence technologies underpins planning and enables the speed, accuracy, and flexibility for making quality decisions in volatile environments.

Supply Chain Planning Software 93

Supply Chain Planning Software Scenario Planning Modeling Analytics Software 93

Logility

JULY 14, 2022

Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. About Supply & Demand Chain Executive. and L.I.N.K. Educate podcast channels, L.I.N.K.

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

Supply Chain Shaman

NOVEMBER 27, 2016

Master data management and standards are the bane of B2B connectivity. Can artificial intelligence make standard discussions obsolete, and master data management roles no longer necessary? Data today does not move at the speed of business. Future of Analytics in the Building of Supply Chain 2030.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

Veridian Solutions

MARCH 16, 2020

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Risk exists around data when it is incorrectly or inaccurately collected and shared.

Supply Chain Strategy 59

Supply Chain Strategy Data Supply Chain Software Inventory Reduction 59

Material Handling & Logistics

DECEMBER 14, 2018

But, just as crude oil, one of the 20th century’s valuable commodities, required significant refining to maximize its usefulness, data all by itself isn’t enough. To extract its value, business leaders need analytical tools and sophisticated algorithms to refine raw data into insights that can drive better business decision-making.

Optimal Sourcing 111

Optimal Sourcing Supply Chain Software Sourcing Strategies Pharmaceutical 111

HICX Solutions

AUGUST 25, 2020

There are many who have argued that Procurement needs a seat at the C-suite table to ensure that data projects and digital transformation initiatives receive the attention that they require for success. I paused for a moment and asked the question why he thought Procurement (specifically the CPO) should hold a seat on the board.

Procurement 52

Procurement Pharmaceutical Course Analytics Software 52

HICX Solutions

AUGUST 25, 2020

There are many who have argued that Procurement needs a seat at the C-suite table to ensure that data projects and digital transformation initiatives receive the attention that they require for success. I paused for a moment and asked the question why he thought Procurement (specifically the CPO) should hold a seat on the board.

Procurement 52

Procurement Pharmaceutical Course Analytics Software 52

ToolsGroup

JANUARY 26, 2016

The data wave is coming. Capturing and leveraging large quantities of data for improved forecasting, demand analytics and supply chain planning is now pretty much a given. Many are wondering if SAP HANA will be a good in-memory computing platform for capturing the data that will feed processes such as supply chain planning.

Supply Chain Planning Software 120

Supply Chain Planning Software SAP Supply Chain Planning Scenario Planning 120

SYSPRO Smarter ERP

FEBRUARY 2, 2022

Inventory control can benefit from Artificial Intelligence (AI) because AI provides powerful insights for companies, highlighting interesting trends from large volumes of data that help procurement and warehouse teams to better manage the daily tasks of inventory management. Inventory management in the supply chain.

Manufacturing Procurement 105

Manufacturing Procurement Inventory Management Software Inventory Management Inventory Reduction 105

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting predicts future customer demand using historical data and market analysis. What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52