ModusLink Corporation

APRIL 22, 2024

End-to-end management of component procurement, inventory management, and JIT delivery. Continuous improvement initiatives driven by data analytics and feedback mechanisms. Predictive analytics to anticipate supply chain disruptions and mitigate risks. Seamless coordination across borders for streamlined supply chain operations.

Electronics 78

Electronics 3PL Optimal Sourcing Waste Reduction 78

RFgen

MAY 16, 2023

The role of data analytics in optimizing inventory management processes has become increasingly important. Analytics help organizations make smarter decisions, reduce costs, and improve customer satisfaction. But your analytics is only as good as the underlying data. That’s why most inventory handlers leverage data.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Sourcing Strategies Analytics Software 52

The Logistics of Logistics

DECEMBER 6, 2023

Data analytics and reporting: Loop provides businesses with actionable insights into their supply chain performance, helping them identify trends and make data-driven decisions. Performance-based payments: Loop allows businesses to pay their suppliers based on performance, incentivizing them to deliver high-quality goods and services on time.

Logistics Network Optimization Software 222

Logistics Network Optimization Software Logistics Analytics Software Gartner 222

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. Professionals from procurement, compliance, logistics, sustainability, information-security and several other internal stakeholder all use the solution for different reasons. As a first step, we’re operating a “lean” Control-Tower within our supplier relationship management system.

Supply Chain Risk Management 223

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Software 223

EC Sourcing Group

DECEMBER 29, 2020

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Run analytics.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

ToolsGroup

OCTOBER 12, 2021

Supply chain leaders are leaning on technologies to keep up with evolving customer behaviors– the top driver of supply chain digital transformation. As a result, procuring materials from suppliers, factory production and warehouse logistics had become much more complex.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

Freightos

APRIL 27, 2023

Here are some interesting highlights: Justification Is Key Interestingly enough, one of the most important drivers for market intelligence is justifying procurement decisions or operational decisions to internal stakeholders, like executive teams, or to customers. While this isn’t news to me, the importance it took on was.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

SYSPRO Smarter ERP

JUNE 28, 2023

Large enterprises have long understood the benefits of ERP technology in essential processes such as procurement, planning and inventory control, but for smaller businesses, it can feel like an unnecessary or extravagant investment. However, there is a compelling case to be made for small businesses to consider implementing ERP software.

Analytics Software 98

Analytics Software Supply Chain Planning Software Vendor Strategies Inventory Management Software 98

Supply Chain Shaman

JUNE 14, 2018

The inadequacies of MRP is the genesis of the lean process of Plan for Every Part (PFEP). 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.

Optimal Sourcing 169

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

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). At Mars, procurement (commercial as it was called) was one of the most highly regarded of the professions.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Global Trade Management

NOVEMBER 24, 2023

Reduced Inventory Costs: By optimizing demand forecasting and streamlining procurement processes, digitalization minimizes the need for excessive safety stock, thus cutting inventory carrying costs. Increasing Stock Turnover: Faster access to real-time data enables more agile inventory turnover, reducing the need for extensive warehousing.

Cost Reduction Strategies 52

Cost Reduction Strategies Waste Reduction Inventory Reduction Resource Reduction 52

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. How do you know you are getting what you paid for?

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Requis

FEBRUARY 19, 2021

He is based in Germany, and, as a founding partner of the supply chain practice at McKinsey & Company , consults on a variety of supply chain-related business problems, including S&OP and advanced analytics. For a long time supply chain has been misunderstood as logistics and procurement and not thought of as an end-to-end identity.

Predictive Analytics 52

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

Logistics Viewpoints

AUGUST 11, 2022

However, if you’re attempting to streamline operational efficiency, as in the case of a construction business needing to coordinate labor and materials for improved margins, or manufacturing business, managing various promotions and product launches, more robust forecasting and analytics solutions may be in order.

Supply Chain Planning Software 231

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software Supply Chain Network Software 231

The Logistics & Supply Chain Management Society

JULY 16, 2023

The digitization of supply chain processes, the use of big data analytics, and the emergence of technologies like blockchain and artificial intelligence have revolutionized supply chain operations. Advancements in Information Technology (IT) have also brought about significant changes in supply chain management.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Supply Chain Movement

SEPTEMBER 26, 2016

Get experience on Lean and Six Sigma in indirect procurement. Learn from key practical case studies: Vodafone covering advanced P2P journey including process mining and data analytics, robotics and more sophisticated areas like cognitive procurement. IKEA looking at Lean / Six Sigma for P2P indirect process.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

Supply Chain Game Changer

JUNE 30, 2022

Look at past trends, historical data, and other analytics to predict future customer demand. The use of strategies like Just In Time (JIT) inventory management and other lean manufacturing approaches are useful in meeting and adapting to demand. View your supply chain in real-time to give you the power to adapt as demands shift.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 78

Precoro

APRIL 22, 2024

Management of the company's financial operations requires strong leadership, experience, analytical skills, a deep hands-on understanding of financial principles, and familiarity with the best practices the company has already adopted. After all, purchases are a large part of company finances.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

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.

Supply Chain Software 246

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

SYSPRO Smarter ERP

APRIL 18, 2022

With reliable data from ERP manufacturers and distributors can use data analytics to respond to challenges. An ERP solution that has the right planning tools and predictive analytics integrated throughout the business gives manufacturers and distributors a full picture for an effective response to the risks faced.

Manufacturing Procurement 124

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

Supply Chain View from the Field

JULY 10, 2013

Jon came from a background in distribution, procurement, and logistics at Delphi and Honda, and knew that this was a perfect approach for building a lean supply system. He also wondered if it were possible to apply the principles of lean production and just-in-time to the healthcare environment.

Chicago 60

Chicago Analytics Software Analytics Innovation 60

The Logistics of Logistics

MAY 26, 2022

Trey is a Brand Ambassador at Lean Solutions Group , a nearshore service provider that delivers high-quality business solutions in staffing, tech, marketing, and sales for U.S.-based Trey Griggs is a Brand Ambassador at Lean Solutions Group and the Founder and CEO of BETA Consulting Group (BCG). About Lean Solutions Group .

Logistics Network Optimization Software 255

Logistics Network Optimization Software Lean Analytics Software Cost Reduction Strategies 255

SYSPRO Smarter ERP

MAY 10, 2022

This should also integrate with inventory management and procurement so that goods are ordered in time and there is visibility over stock items. By using business analytics tools in the forecasting process, the quality of forecasts can be assessed and trends analyzed.

Manufacturing Procurement 111

Manufacturing Procurement Procurement Solutions Optimal Sourcing Inventory Management Software 111

Supply Chain Game Changer

JUNE 11, 2019

Some people want physical activity, some want something more intellectual or analytical, and still others want some combination of both. But even industries such as Banking require Supply Chain skills for planning, supplier sourcing and management, process design, information flow management, procurement, and cash management.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 105

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Silvon Software

APRIL 18, 2024

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. Cost Optimization Analytics can uncover inefficiencies in spending and allocate resources more effectively.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 52

EC Sourcing Group

OCTOBER 26, 2021

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. However, IT can be used in other ways as well, including: Integrated supply chain. Cost reduction.

Supply Chain Software 52

Supply Chain Software Logistics Network Optimization Software Inventory Management Software Analytics Software 52

ThroughPut

OCTOBER 16, 2022

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. Most retailers and suppliers today lack automated and digitized distribution processes which make it difficult to sufficiently add analytical, predictive, and Artificial Intelligence capabilities.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

SYSPRO Smarter ERP

NOVEMBER 1, 2021

A B2B e-commerce strategy is therefore becoming increasingly necessary for manufacturing businesses that want to better sell their products or procure the necessary components for manufacturing them. Leveraging on predictive analytics and data for decision making. Maintaining competitive advantage.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

LevaData

OCTOBER 13, 2021

During this time, leaning more heavily on existing, but often underutilized, tech solutions like video conferencing software and digital collaboration tools like e-sourcing was pivotal for many organizations to survive. The opposition against remote relationships and interactions is founded on numerous concerns. What You Can Do to Succeed.

Negotiate Pricing 72

Negotiate Pricing Negotiating Skills Analytics Software Buyer Training 72

The Logistics & Supply Chain Management Society

APRIL 26, 2022

To help navigate complexities and optimise performance, businesses need to anchor their management efforts on quality data, process excellence, and lean on powerful software solutions for seamless supply chain and omnichannel management. The Role of Digitisation and Analytics in Supply Chain Resilience.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Supply Chain Collaborator

AUGUST 14, 2019

TMS carrier management functions and carrier performance analytics enable a shipper to address issues early and provide insightful feedback to their carrier-partners. That data visibility earns Transportation a seat at the table alongside other important functions like procurement and finance. Step 2 – Strengthen key relationships.

Supply and Demand 95

Supply and Demand Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 95

SYSPRO Smarter ERP

APRIL 13, 2022

Optimum visibility levels can be achieved through technologies such as Enterprise Resource Planning (ERP) , which integrates solutions such as Material Requirements Planning solutions, supply chain portals and data analytics. Develop business continuity plans with your suppliers. That system has influenced production systems across the globe.

Supply Chain Planning Software 111

Supply Chain Planning Software Price Reduction Cost Reduction Strategies Material Savings 111

SYSPRO Smarter ERP

MARCH 15, 2023

Most manufacturers require a comprehensive Inventory Planning Solution that has robust functionalities to integrate critical, interrelated business departments such as finance, marketing, sales, and procurement.

Forecasting 105

Forecasting Forecasting Software Demand Planning Software Modeling 105

GlobalTranz

OCTOBER 15, 2015

As a sourcing or procurement manager, you may think there’s nothing new about supplier collaboration. Your chief procurement officer (CPO) most likely disagrees. The need for supplier collaboration in procurement is greater than ever. Forward-thinking CPOs acknowledge the benefit of supplier partnerships.

Optimal Sourcing 120

Optimal Sourcing Modeling Agile and Lean Supply Chain Optimization Modeling 120

ShipBob

JANUARY 17, 2022

Supply chain execution refers to the process of driving the flow of goods within the supply chain – starting from procurement all the way through final-mile delivery. This may include production planning to decide on manufacturers and suppliers, as well as developing procurement strategies based on forecasted demand and production lead times.

Supply Chain Execution 52

Supply Chain Execution Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Supply Chain Matters

MARCH 10, 2022

Highlights included highlights of the project44 acquisition of Ocean Insights , the planned IPO of autonomous trucking tech firm TuSimple , the $150 million added funding round of Locus Robotics , and the coming together of two supply chain risk assessment firms Resilience360 and Risk Pulse under the rebranded name of Everstream Analytics.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement 52