Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. Businesses search for the most cost-effective option to deliver goods from the warehouse to the final customer.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Logistics Viewpoints

MARCH 2, 2023

The first reason to prioritize digital transformation ahead of or during a downturn,” says Katy George, a senior partner at McKinsey, “is that improved analytics can help management better understand the business, how the recession is affecting it, and where there’s potential for operational improvements.” Reduced working capital.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Supply Chain Shaman

APRIL 15, 2020

The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. As I watch the news and work on client documents in my quarantine, I try to manage my emotions. One thing will be sure on start-up: the current stock in the warehouse will be an incorrect mix.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Precoro

JANUARY 30, 2023

The need to manually create, store, manage, and analyze the ever-growing purchase orders and all associated documents can be pretty cumbersome. Some solutions can also help you securely manage documents associated with POs. Multi-level approval workflow for POs and preferably related documents as well.

Procurement Solutions 52

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

SCMDOJO

JULY 24, 2023

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. By leveraging their capabilities, businesses can reduce transportation costs, optimize inventory levels, and minimize warehousing expenses.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 90

Unleashed

OCTOBER 4, 2023

This can include freight forwarding and documentation management. Compliance and documentation: Ensuring that all legal and regulatory requirements are met. This is particularly crucial in international shipping, where customs documentation and compliance with import and export regulations are essential.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

20Cube Logistics

OCTOBER 29, 2020

According to a survey by market research firm IDC, “Around 50 per cent of supply chain logistics companies will use AI and Power BI for advanced analytics for planning by 2020”. For example, in a warehouse, AI helps retailers to maintain an edge for supply chain operations and product delivery. Chatbot in operational procurement.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Logistics Network Optimization Software 74

OptiProERP

SEPTEMBER 21, 2023

Improved planning and the supply chain  Forecasting also aids production planning, procurement, and supply chain management. Tied-up cash in exceeded inventory can disturb cash flow and occupy warehouse space, leading to increased costs. Reduced cost  Inventory is equivalent to money.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

crisp

DECEMBER 15, 2021

One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

EazyStock

JUNE 10, 2022

Warehouse management. Warehouse management systems (WMS) help streamline and optimize warehouse operations. Its user-friendly interface is easy to customize, and it works off or online, so you don’t have to worry if your WiFi doesn’t reach all corners of your warehouse. Online file and document storage.

Optimal Sourcing 52

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Optimization Software 52

Unleashed

DECEMBER 12, 2023

It also acts as a crucial document for coordination among different teams – such as design, procurement, production, and quality control – ensuring everyone is on the same page when it comes to manufacturing. This documentation should serve as a comprehensive reference for the manufacturing process. What is BOM management?

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

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 year after 3G Capital took over, the procurement team suddenly started telling them they “need 10% off the price”, without giving any justification.

Optimal Sourcing 51

Optimal Sourcing Policies Procurement Price Reduction 51

BlueYonder

APRIL 7, 2021

With this latest Gartner Transportation Management System Magic Quadrant, Blue Yonder is the only company recognized a Leader in three Gartner Magic Quadrant reports 3 covering supply chain planning, transportation management and warehouse management. The Gartner document is available upon request from Blue Yonder.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 52

Supply Chain Opz

JANUARY 22, 2016

In the immediate term, predictive analytics drive a distinct competitive advantage to those few who are already leveraging it to its full potential. The concept of “connected logistics” covers the relevant end-to-end processes of warehouse management, transportation management, track & trace and the entire logistics network.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

Unleashed

APRIL 21, 2024

Conversely, the order fulfilment process in this example might include picking the packets of coffee beans from the warehouse shelf, packaging them securely with the correct shipping label, and dispatching them for delivery to the customer’s address. The customer’s information and payment are verified for accuracy.

Inventory Management Software 52

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

EazyStock

SEPTEMBER 25, 2018

EazyStock in a cloud-based inventory optimization tool that systematically reduces excess and obsolete stock levels (bad inventory) from your warehouse locations to reduce costs while increasing the availability of your faster turning more profitable items (healthy inventory). Veeqo – Warehouse Management System.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

Supply Chain Game Changer

APRIL 29, 2021

The result of leveraging these emerging technologies will be a massive increase in automation, as well as trust and transparency across the entire supply chain with both increased physical asset tracking capabilities, as well as shared globally shared compliance documentation. Edge Computing and Analytics. Smarter Warehouses.

Supply Chain Software 135

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 135

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Unleashed

AUGUST 29, 2023

In manufacturing, inventory management software is also used to track parts, raw materials, and production documents – such as a bill of materials and work orders – through the supply chain. When goods arrive, the warehouse team receives all or part of the purchase order in the system to automatically update the recorded stock levels.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

RFgen

MAY 18, 2023

In supply chain management, the ERP’s role is invaluable in integrating core business functions, including procurement, production, warehousing, sales, and distribution. Although functional in its own way, many warehouse managers may not be aware that there are more cost-effective ways to conduct daily operations.

Inventory Management Software 52

Inventory Management Software Optimal Sourcing Optimization Software Forecasting Software 52

ShipBob

SEPTEMBER 29, 2021

Stages of the retail logistics process includes warehouse receiving , inventory management, fulfillment, and shipping. Procuring inventory. Having insight into what’s going on during the procurement process can help you find ways to build a more agile supply chain. The analytics are super helpful.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Unleashed

MARCH 2, 2022

Kanban is a process management tool that visualises the status of each job on a company’s radar, and controls the flow of production from customer requests back to the warehouse. Screenshots, documentation and technical resources may be attached if an online Kanban system is being used. What is Kanban?

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

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. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Unleashed

MARCH 31, 2021

In between those stages you have warehouses, distributors and shipping providers, who look after the movement and storage of the beans at each phase of their existence. One of the most commonly referred to warehousing metrics. Read more: The Remarkable Supply Chain of the Coffee Bean. Perfect order can be broken down into phases (i.e.

Supply Chain Planning Software 69

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 69

Requis

OCTOBER 31, 2019

Warehouse bin numbers to determine the geo-location. Paper documents (i.e., What if you could view a live video stream of a shelf number in your warehouse by simply entering that number into your inventory dashboard? Determining an item’s location in the warehouse. Vehicle VINs for resale applications. Inventory auditing.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Requis

OCTOBER 31, 2019

Warehouse bin numbers to determine the geo-location. Paper documents (i.e., What if you could view a live video stream of a shelf number in your warehouse by simply entering that number into your inventory dashboard? Determining an item’s location in the warehouse. Vehicle VINs for resale applications. Inventory auditing.

Analytics Software 40

Analytics Software Manufacturing Procurement Inventory Management Software Forecasting Software 40

Logility

JUNE 24, 2021

The Logility® Digital Supply Chain Platform leverages an innovative blend of artificial intelligence (AI) and advanced analytics to automate planning, accelerate cycle times, increase precision, improve operating performance, break down business silos and deliver greater visibility. About Supply & Demand Chain Executive.

Supply Chain Planning Software 26

Supply Chain Planning Software Logility Supply Chain Design Software Demand Planning Software 26

Precoro

NOVEMBER 23, 2022

Three-way matching is an essential step in the procurement flow process that involves cross-referencing three critical documents – purchase order, receipt, and vendor invoice – to determine whether an invoice should be paid. Not every organization follows the same procedure for document matching. Duplicated documents.

Procurement Solutions 98

Procurement Solutions Pricing Training Procurement Analytics Purchasing Skills 98

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

Requis

NOVEMBER 11, 2019

Still others have invested in expensive enterprise resource planning systems, only to abandon them because they just don’t map to the natural workflows of procurement, asset management, and disposition. It’s easy to visualize how this information can save endless person-hours of running around warehouses. Are often cloud solutions.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 40

Requis

NOVEMBER 11, 2019

Still others have invested in expensive enterprise resource planning systems, only to abandon them because they just don’t map to the natural workflows of procurement, asset management, and disposition. It’s easy to visualize how this information can save endless person-hours of running around warehouses. Are often cloud solutions.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 40

Material Handling & Logistics

DECEMBER 25, 2017

By 2021, as much as 25% of the large global companies will be piloting or using AI and blockchain-based automation in transactional procurement. However, it provides a customized answer to requirements like cost control, warehouse management, geographic restrictions, distribution channels, priority deliveries, and much more.

Logistics Network Optimization Software 102

Logistics Network Optimization Software Trends Cost Reduction Strategies Logistics 102

Logility

SEPTEMBER 17, 2021

Supply & Demand ChainExecutive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. s current Form 10-K and other reports and documents subsequently filed with the SEC. About Logility.

Supply Chain Planning Software 26

Supply Chain Planning Software Logility Logistics Network Optimization Software Demand Planning Software 26

HICX Solutions

SEPTEMBER 23, 2020

There is a corresponding need for accurate supplier data for BI/Analytics. In our survey, 66% of procurement leaders agreed that data projects have stalled due to their relatively low priority when compared to other business initiatives. In spite of this, it is frequently not prioritized as highly as other data in the enterprise.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52