Supply Chain Shaman

APRIL 9, 2021

The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Even though a feasible plan is the most critical business user criterion for software selection, only one in two manufacturers surveyed believe they have the ability to model a feasible plan. Belief in efficient procurement.

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

Price Reduction 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52

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

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 283

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

Silvon Software

SEPTEMBER 26, 2023

For additional KPI concepts and best practices, we welcome you to download Silvon’s Definitive Guide to KPIs. For additional concepts and best practices related to KPIs, feel free download Silvon’s Definitive Guide to KPIs.

Procurement Analytics 94

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 94

Supply Chain Shaman

MARCH 12, 2019

The confusion starts when a supply chain leader states the need for improved visibility without a clear definition. The IT taxonomy for visibility is supply chain analytics. As a result, when I was a Gartner analyst and technology providers would provoke me to write a Magic Quadrant on visibility solutions, I would laugh.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

Unleashed

FEBRUARY 12, 2024

This includes the cost of capital used to purchase inventory, which could have been invested elsewhere for potential returns. Additionally, they may involve the interest expense on loans or lines of credit used to finance inventory purchases. Capital costs Capital costs represent the opportunity cost of the funds tied up in inventory.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The solution was too black box.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

NOVEMBER 21, 2022

Definition of Confirmation Bias. 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. Accept that existing advanced planning solutions (APS) are not sufficient. Next Steps?

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 288

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay.

Supply Chain Design Software 195

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

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. We’ll also cover why choosing the right spend analysis software is critical to success. Some include: Licensed software.

Analysis 52

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

Unleashed

APRIL 21, 2024

This guide breaks down the order processing steps and definition, and then explores a few helpful strategies for improving it. Tracking: Order tracking systems keep the customer updated on the journey of their purchase, ensuring transparency until the order is delivered. What is order processing?

Inventory Management Software 52

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

Supply Chain Shaman

DECEMBER 11, 2018

Fuzzy definitions. Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 195

SCMDOJO

SEPTEMBER 8, 2023

Cost Efficiency : By accurately forecasting material requirements, MRP helps in bulk purchasing and availing discounts, leading to cost savings. Definition : Gross Requirements represent the total expected demand for an item before considering any existing inventory or scheduled deliveries.

Procurement Analytics 81

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 81

NC State SCRC

APRIL 2, 2023

1] The definition, structure and scope of an SSC generally are formed first within the enterprise. Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. A shared service is a Center of Excellence in effect.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

Precoro

MARCH 11, 2024

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). In the past 15 or so years, the US, which is known for its complicated and expensive healthcare system, has taken some steps towards value-based purchasing.

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Supply Chain Shaman

JULY 1, 2014

Over the course of the last two decades, we have seen two evolutions of Supply Chain Planning (SCP) software. These first solutions were on the mainframe and with migration to client-server architectures. We now know that focused, Best-of-Breed solutions delivered greater value. New forms of software provide new opportunities.

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Analytics Software Predictive Analytics Software 315

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 Shaman

JANUARY 21, 2014

Slowly the words take definition in everyday speech. New forms of analytics make new capabilities possible. Many supply chain consultants will quickly rattle off case studies and proof points, but the smart supply chain leader will ground the discussion with clear definitions. Learning to speak a new language is similar.

Supply and Demand 323

Supply and Demand Modeling Demand Planning Software Forecasting 323

Supply Chain Shaman

NOVEMBER 27, 2016

While many technology companies have co-opted the network of networks message, today there is no interoperability between network solutions. Buyers beware of the use of the name without meeting the definition. In Figure 1, we share a conceptual and definitional image. Definitional Image. We are looking for answers.

Supply Chain Design Software 150

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

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. Let’s get started with definitions, differences and benefits. This analysis can be performed using various statistical tools and models designed to make sense of large datasets.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

Supply Chain Matters

DECEMBER 13, 2022

Updates included in this edition include: Coupa Software Entering Definitive Agreement to be Acquired. Coupa Software Enters Definitive Agreement to be Acquired. In light of the announced definitive agreement, Coupa elected not to host an earnings briefing with investors or provide future financial guidance.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

Supply Chain Shaman

AUGUST 16, 2015

Infor–a market consolidator of enterprise software–currently has revenues of $2.8 On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013.

Prescriptive Analytics Software 150

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

Supply Chain Shaman

SEPTEMBER 17, 2015

We easily navigate the digital world in our personal lives, but enterprise software is not digital. In the evolution of today’s analytics most companies are evaluating concurrent optimization of transactional data. We are just beginning to understand how to use sentiment data and new forms of analytics. Supply has not.

Prescriptive Analytics Software 150

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

Precoro

FEBRUARY 4, 2022

According to a Paystream 2018 Procurement Insights report, 80% of organizations still use manual or semi-digital tools to manage their procure-to-pay cycle. Most organizations are using the procurement module integrated with their ERP or accounting software. What is Procure to Pay? Procure-to-Pay Definition.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 98

Supply Chain Shaman

APRIL 17, 2013

The article is written and the story is spun, but the solution offered is a supply-centric solution based on yesterday’s technology. The market shift is towards analytics, but this new market is confusing. The most successful have used best-of-breed solutions. (We Instead, I see a behavior that I call bait and switch.

Supply Chain Design Software 257

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 257

AFFLINK

JULY 13, 2016

Indirect spend can consume up to 50% of purchasing dollars and turn profitability into loss. This flip from profit to loss can be avoided if the tools are in place to monitor proper product usage that determines spend and provide your company with measurement standards across the broad spectrum. Office supplies: paper and pens.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Software 48

ToolsGroup

JUNE 27, 2022

Necessity of Supply Chain Planning Software in Vertical Integration. At the back of your supply chain, you’ve got your raw materials being procured. Now that we have our definitions straight, let’s break down the three basic types of vertical integration. That’s where the right pricing tool can make all the difference.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Supply Chain Shaman

JANUARY 8, 2014

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Previously, we had a definition that did not truly reflect what the customer was asking for (example was case fill rates versus perfect order fill rates). What have you learned?

Procurement Analytics 259

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 259

Jaggaer

APRIL 30, 2020

With hot new buzzwords coming and going year after year, it’s hard to blame any procurement professionals who are becoming disillusioned. One of the latest, “autonomous procurement,” has been the focus of writings by industry experts both enthusiastic and less optimistic. What is autonomous procurement?

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Predictive Analytics Software 52

CormSquare

JANUARY 13, 2017

MRO probably has the broadest definition of any category in sourcing. Being subject to the quirks of business stakeholders who often have different priorities other than centralised procurement. MRO purchases are the purchases which are necessary to keep the business running. Is procurement tackling MRO properly?

Manufacturing Procurement 50

Manufacturing Procurement Purchasing Skills Procurement Analytics Procurement Solutions 50

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. Download Silvon’s Definitive Guide to KPIs : Concepts, Best Practices & More. Supplier KPIs.

Optimal Sourcing 113

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 113

Precoro

FEBRUARY 12, 2024

In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams. The 2022 Bloomberg Risk Analytics Survey states that market, credit, and liquidity risks were top-of-mind concerns for financial institutions for 2023.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Supply Chain Shaman

FEBRUARY 25, 2016

Analytical innovation and digital transformation drove step-change capabilities within the office and marketing. The traditional supply chain is inside-out, triggering processes on the back of order-to-cash and procure-to-pay financial processes. The CIO budget is hamstrung with system upgrades and software license payments.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Supply Chain Network

MAY 23, 2012

The per share purchase price represents a 20% premium over the May 21 closing price and a 19% premium over the one month volume weighted average price per share. The acquisition establishes SAP as the leading business network, adding business-to-business collaboration to its existing solutions. billion term loan facility.

SAP 95

SAP Supply Chain Network Software Supply Chain Planning Software Procurement Analytics 95

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. The COVID-19 pandemic has only confirmed what we already knew: modern supply chains must be built on a foundation of extreme agility and responsiveness.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 91