Precoro

DECEMBER 18, 2023

Medical institutions might not typically consider optimizing the healthcare procurement process a top priority. Yet procurement in healthcare influences the overall well-being of medical institutions and, ultimately, the quality of patient care. However, procurement in the healthcare industry has some unique aspects.

Procurement Solutions 59

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 59

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Logility

JULY 20, 2023

That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

Supply and Demand 187

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. The acronym refers to the materials required to keep your operation running, such as spare parts, engineering tools and test equipment. Why is handling MRO procurement so costly? MRO stands for maintenance, repair, and operations.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

Logility

SEPTEMBER 1, 2023

Fortunately, with the advent of artificial intelligence (AI), demand forecasting software has undergone a significant transformation. Understanding Customer Segments: AI-powered demand forecasting software allows businesses to divide customers into different groups based on factors like location, demographics, and purchase history.

Forecasting 175

Forecasting Forecasting Software Demand Planning Software Modeling 175

Precoro

JANUARY 29, 2024

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Procurement methodology. Objectives and scope.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Logility

MAY 18, 2020

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. But your company doesn’t have to be a retail giant to use predictive analytics. using predictive analytics?built built into their supply chain analytics software.

Predictive Analytics 228

Predictive Analytics Analytics Software Predictive Analytics Software Procurement Analytics 228

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. Then, F&B businesses can transform diverse information from sales, production, finance, marketing, transportation, and procurement into one comprehensive business plan.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

ToolsGroup

FEBRUARY 16, 2022

BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.

ToolsGroup 177

ToolsGroup Procurement Analytics Predictive Analytics Analytics Software 177

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. And that’s if the information even gets entered in the first place.

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

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

Precoro

APRIL 6, 2022

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. What is Cloud Procurement? These services include: Software; Analytics; Networking; Data storage; Servers and more.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Precoro

JANUARY 30, 2023

From raw materials (wood for a furniture factory or vegetables for a restaurant) and finished goods (office or lab supplies) to services (software subscriptions), buyer-vendor relationships are at the core of every business. As a company slowly grows, purchase management becomes more and more complicated.

Procurement Solutions 52

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

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

Silvon Software

APRIL 1, 2024

Business strategy solution jigsaw puzzle Today’s business applications are capturing, processing, and storing unprecedented volumes of data. Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub.

Procurement Analytics 58

Procurement Analytics Analytics Software Predictive Analytics Analytics 58

Unleashed

JANUARY 8, 2024

Procurement management directly impacts your bottom line, making it a critical component of running a profitable product-based business. In this article, we look at the different stages of procurement management. We’ll also explore project procurement management and the relationship between procurement and supply chain management.

Procurement Solutions 52

Procurement Solutions Pricing Training Negotiating Skills Purchasing Skills 52

Unleashed

MARCH 5, 2024

It is achieved using various software tools, cloud-based technology platforms, and robotics to streamline manual processes. But those aren’t the only reasons to invest in automated solutions. Data insights: eCommerce automation software generates better reports in – less time – when compared with manual processes.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

Enterra Insights

MAY 23, 2022

Violino notes, “It’s one thing to gather large amounts of data and apply analytics to it; lots of organizations are doing that. ” Corporate leaders are always seeking the best return on investment (ROI) and, in the digital era, no investment return is more important than one obtained through advanced analytics.

Analytics Software 130

Analytics Software Procurement Analytics Predictive Analytics Analytics 130

Logility

MARCH 13, 2020

Here’s your two-minute guide to understanding and selecting the right descriptive, predictive and prescriptive analytics for use across your supply chain. Looking at all the analytic options can be a daunting task. However, luckily these analytic options can be categorized at a high level into three distinct types.

Prescriptive Analytics Software 210

Prescriptive Analytics Software Predictive Analytics Procurement Analytics Analytics Software 210

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Business Spend Management Solutions are Networked .

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Logility

AUGUST 14, 2023

When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. 1 Co-develop a business case with vendors. 5 Hold one another accountable.

Supply Chain Planning Software 202

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 202

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

Enterra Insights

MAY 26, 2022

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

Logility

OCTOBER 6, 2023

The primary business drivers to moving to the cloud are: Leveraging a network of data and information – A cloud environment creates enormous value for the supply chain by leveraging a network of data and information to allow greater collaboration and continuous innovation.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Unleashed

NOVEMBER 26, 2023

Unleashed software is an inventory management system that helps businesses be more efficient in their daily operations. This guide presents a complete overview of Unleashed software: What it is, who it’s for, and the core features and benefits of Unleashed for businesses. What is Unleashed software?

Inventory Management Software 52

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

EC Sourcing Group

NOVEMBER 16, 2021

Effectively managing your suppliers is an integral part of the procurement process (and important to the entire supply chain as well). Without goods and services, nothing can be produced, which would make procurement impossible. Supply Chain Management Cloud Software: Long-Term Relationships. However, this isn’t true.

Procurement Solutions 52

Procurement Solutions Analytics Software Logistics Network Optimization Software Supply Chain Software 52

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 95

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 95

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. The sad fact is that most planners spend six to seven hours a day in meetings and struggle to get timely information.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

SYSPRO Smarter ERP

AUGUST 2, 2023

The following are six key challenges faced by medical device manufacturers and how ERP analytics can transform operations—from regulatory compliance to supply chain optimization. ERP analytics enable the reporting and tracking of variances and defects, providing valuable insights to improve the design process.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions? Here are some examples to consider for your business.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

Bristlecone

MAY 21, 2021

Did you know that advanced analytics, when used in lieu of traditional statistical models, can help procurement departments increase cost efficiency by 3-8%? [1]. The procurement department of any business generates more data than is humanly possible to compute and comprehend through traditional means. Operational Procurement.

Procurement Analytics 52

Procurement Analytics SAP Negotiate Pricing Procurement Solutions 52