EC Sourcing Group

NOVEMBER 24, 2020

Using software in procurement management is an excellent way to help maximize proficiency and streamline your operations so that you not only increase production, you build better relationships with your suppliers, increase collaboration within your organization, and improve the entire supply chain process.

Analytics Software 52

Analytics Software Optimal Sourcing Supply Chain Software Procurement 52

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

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

EC Sourcing Group

JULY 20, 2023

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Supplier Performance Management : Maintaining effective relationships with suppliers is crucial in this sector.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Forecasting Software 52

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

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Procurement Sourcing Solutions : What Is Procurement Management?

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

GlobalTranz

NOVEMBER 30, 2021

When you track transportation metrics and KPIs like transit time, on-time pickups, and percent of truckload capacity utilized across your carrier partners, you can identify trends and opportunities for streamlined OTR transportation management. Analytics provides visibility into your transportation network and operations.

Optimal Sourcing 221

Optimal Sourcing Rail Software Transportation Sourcing Strategies 221

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

QAD

JUNE 29, 2021

In their list of common nightmare scenarios to try to prepare for, few procurement leaders could have predicted the business disruptions of 2020. Brent discusses how now is the time for enterprises to redouble their efforts to upgrade their operations with digital technologies and innovations that improve sourcing and supplier management.

Optimal Sourcing 94

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Prescriptive Analytics Software 94

The Logistics of Logistics

AUGUST 28, 2023

She brings almost 20 years of supply chain and benchmarking experience to DAT, where she is focused on providing actionable insights to shippers through DAT’s Benchmark Analytics and Rateview benchmarking tools. DAT.com provides real-time information on trucking rates, capacity, and market trends, allowing users to make informed decisions.

Logistics Network Optimization Software 240

Logistics Network Optimization Software Analytics Software Supply Chain Planning Software Supply Chain Network Software 240

Jaggaer

MARCH 18, 2020

To better understand the impact of big data analytics on procurement, we turned to industry veteran Walt Charles, CPO at Allergan, who sees big data as a major disruptor. How Big Data Analysis Plays into Procurement. Big data comes amid a slew of buzzwords that promise “i ndustry disruption ” and “procurement revolution.”

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. But what does that mean for future strategies in procurement ? Let’s rethink everything to figure out what it might be for the future of procurement in light of it all.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

QAD

OCTOBER 4, 2023

What is Supply Chain Analytics and Why is it Important? Supply chain analytics allows businesses to examine their operations and view data in real-time. With supply chain management analytics software, companies can improve decision making, take a proactive approach and quickly mitigate issues before they explode into bigger problems.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment.

Prescriptive Analytics Software 52

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

Supply Chain Shaman

APRIL 18, 2023

In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Order cycles–the requested time from order to delivery–decreased while supply cycles –the time to procure materials– increased. Build in-market sourcing. Shift in cycles. Higher variability. The reason?

Supply Chain Planning Software 374

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 374

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. The State of Supply Chain 2016 Trends. The move to agile supply chain management inherently required more data sources than traditional supply chains, reports GT Nexus.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Supply Chain Game Changer

JANUARY 21, 2021

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. Meanwhile, 60% of procurement teams have no tools or rely primarily on improvised systems for Supplier Management. Is Procurement drowning in data? Source: PwC 2019.

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

EC Sourcing Group

NOVEMBER 8, 2023

The procurement world is on the brink of a new era. These innovations aren’t just upgrades—they are game-changers, reshaping the procurement landscape and setting the bar for what’s possible. The question is no longer whether these trends will impact your business, but whether you’ll lead the charge or race to catch up.

Optimal Sourcing 52

Optimal Sourcing Analytics Software Optimization Software Sourcing Strategies 52

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. I term this our data jail. The focus of the Gartner Magic Quadrant.)

Optimal Sourcing 337

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 337

ivalua

MAY 11, 2021

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. According to Dr. El-Jawahari, procurement’s priorities have shifted in the Middle East since the pandemic’s onset.

Optimal Sourcing 130

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 130

Enterra Insights

JANUARY 17, 2019

Manufacturing trends. Look for this trend to accelerate in 2019 as the fastest-growing manufacturers who have succeeded in winning new customers turn to robotics to fulfill the high volume orders of their new, and often foreign-based customers.”[4]. Advanced analytics. ”[1] Those arguments still hold. ”[4].

Manufacturing Procurement 100

Manufacturing Procurement Prescriptive Analytics Software Trends Manufacturing 100

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

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

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

HICX Solutions

JUNE 12, 2023

In this episode of the Supplier Experience Live podcast, we spoke with Yash Rai , Vice President, Procurement and Supply Chain Solutions at The Smart Cube. Yash has over 14 years of experience working in the procurement domain. Supplier risk monitoring The second biggest trend he sees right now is around supplier risk.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Trends Forecasting Software 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. Using Analytics In the World of Gray.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain View from the Field

NOVEMBER 6, 2015

I will be leading a webinar with the Sourcing Interest Group next Nov. The webinar will also include Howard Richman, a colleague I have known for many years, first at Merck, and now working at Citrix as their Chief Procurement Officer. Also joining us will be Michael O’Leary, Director of Procurement Solutions at IBM.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Analytics Software Optimal Sourcing 60

ivalua

FEBRUARY 24, 2021

What Will Impact Procurement Processes in 2021? In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021.

Supply Chain Transformation 162

Supply Chain Transformation Agile and Lean Supply Chain Supply Chain Design Software Cost Reduction Strategies 162

Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Prescriptive Analytics Software 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

EC Sourcing Group

DECEMBER 7, 2021

Procurement: What Is the Best Professional eSourcing Service? eSourcing in procurement falls under the umbrella of the procurement process, just as procurement fits within the supply chain. eSourcing in procurement falls under the umbrella of the procurement process, just as procurement fits within the supply chain.

Procurement 52

Procurement EC Sourcing Sourcing Strategies Analytics Software 52

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. The trend is clear. When he speaks of the supply chain, he means procurement. Over the last decade, most of the focus in supply management was on indirect sourcing.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Synovos

FEBRUARY 21, 2023

Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement From better spend visibility to reduced order times and more, can your organization afford to miss out on the benefits of digital procurement? “Any good procurement team needs access to reliable data.”

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Procurement Analytics Cost Reduction Strategies 52

Supply Chain Shaman

NOVEMBER 27, 2016

Here I share insights on the work we are doing on the Network of Networks, and Five Trends that Excite Me. At this small session we will explore these new trends: What is the role of blockchain in the future of building value networks? Five Technology Trends That Excite Me. Here are several promising trends to consider.

Supply Chain Design Software 150

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

DynaSys

OCTOBER 7, 2021

Are you interested in Advanced Analytics for your Supply Chain? Data analytics is widely explained in three approaches and also have helped thousands of companies in all industries gain visibility across the supply chain, collaborate with partners, and better understand risks and opportunities. Sourcing and supplier performance.

Analytics Software 52

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

LevaData

JANUARY 25, 2023

In 2023, burnout continues to be a hot topic for supply chain and procurement professionals. This has caused industry leaders to ask, What is the real answer to procurement burnout? Since the pandemic, several industry leaders have shared their tips and tricks for alleviating procurement burnout. Their suggestions?

Procurement 52

Procurement Analytics Software Supply Chain Software Sourcing Strategies 52

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Optimal Sourcing 130

Optimal Sourcing Sourcing Strategies Supply Chain Design Software Supply Chain Planning Software 130

ivalua

APRIL 27, 2023

A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives. She also explained how Ivalua was instrumental in making that happen.

Cost Reduction Strategies 130

Cost Reduction Strategies Sustainability Optimal Sourcing Sourcing Strategies 130