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Using Procurement Analytics to Simplify Your Supplier Reconciliation

Logility

However, with a simple software-based supplier reconciliation process using procurement analytics in place, an organization can automate this cumbersome process to save hundreds to thousands of man hours every year. Tracking results in the system to improve overall supplier processes.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

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?

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E2open Acquires icon-scm: Five Reasons Why You Should Care

Supply Chain Shaman

She cannot count the number of SCM software acquisition announcements that promised 1+1=10. icon-scm was founded in 1992. The company partnered with SAP to launch a product offering, SAP Supply Chain Response by icon-scm, in 2010. In 2012, icon-scm had revenues of approximately $10 million. The Shaman is a curmudgeon.

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AI This. If Only.

Supply Chain Shaman

After a dramatic drop at the beginning of the pandemic, Supply Chain Management (SCM) and Enterprise Resource Planning (ERP) software public valuations are near twice the ten-year average. As I look at the financials, I question what the value could be if we got serious about innovation through new forms of analytics. The reason?

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Best Supply Chain Management Software for Mac 2024

SCMDOJO

That could include AI-driven analytics, real-time tracking, and integration with loT devices. 3 Precoro Precoro simplifies procurement processes for small to medium-sized businesses. Hence, it offers an accessible and streamlined procurement solution. Cons: It is more focused on procurement. Cons: Focused on freight.

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The Importance of Supply Chain Management

Elementum

Effective supply chain management (SCM) is the cornerstone of business success. Supply Chain Management Explained SCM is the practice of monitoring and managing the supply of goods, components, or equipment between producers and the end-user. However, a proactive SCM approach can also deliver cumulative benefits.

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21st Century Procurement Skills (Guest Post by Christoph Flöthmann)

SCM Research

Our guest post today comes from Christoph Flöthmann, an expert in strategic and digital procurement, who has recently co-authored a new report. Digitalization already has a major impact on procurement, as we write in our new report: 21st Century Procurement Skills. Before becoming a consultant, he completed his Ph.D.