EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Pierre-Francois Thaler, co-founder and co-CEO, explains the company’s business model and why it’s important to get rated. What areas does it cover?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Supply Chain Shaman

AUGUST 16, 2015

Despite numerous acquisitions and product development efforts, SAP and Oracle are much larger industry giants. On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. The largest was the purchase of Lawson in 2011 for 2B$. The company branded as GT Nexus in 2001 and purchased Tradecard in 2013.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

HICX Solutions

FEBRUARY 2, 2023

Charlotte Anabelle de Brabandt , Head of IT Partner Management & Head of IT Governance US at ZF Group and Max Kent , CEO at Procure Services LTD. The discussion focused on key findings from our recent Voice of the Supplier Survey and reactions to the results from an industry-insider perspective and a supplier point of view.

Optimal Sourcing 52

Optimal Sourcing Negotiate Pricing Procurement Analytics Procurement Solutions 52

Supply Chain View from the Field

APRIL 1, 2015

Many people are talking about Key Performance Indicators, Metrics, Analytics, and other indicators of performance. The importance of selecting the right metrics or “measures” as I prefer to call them, is critical as we all know that metrics drive behaviors. Step 2 – Develop Metrics and Data Sources.

Cost Reduction Strategies 60

Cost Reduction Strategies Material Savings Inventory Reduction Resource Reduction 60

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Precoro

APRIL 22, 2024

The survival rates depend on country, industry, and current market conditions, but these general trends are observed globally. As a part of FP&A, the finance team prepares documents such as income statements, balance sheets, and cash flow statements. Performance criteria and benchmarks are unique for every industry and market.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

Logistics Viewpoints

NOVEMBER 23, 2020

Further complicating their supply chain is the fact that they operate in a heavily regulated industry. Our inventories were in line with benchmarks, but we knew that intensifying the pace of launches could become challenging in the long run.”. Ipsen purchased the RapidResponse supply chain planning product from Kinaxis.

Customer Service 192

Customer Service Supply and Demand Logistics Network Optimization Software Supply Chain Planning Software 192

Supply Chain Network

MAY 9, 2011

Deloitte today announced it has purchased substantially all of the assets of Oco,Inc., a provider of enterprise-class software as a service (SaaS) business analytics solutions. This investment further demonstrates Deloitte’s commitment to the managed analytics marketplace. Follow Deloitte Analytics on Twitter: [link].

Analytics Software 68

Analytics Software Procurement Analytics Analytics Supply Chain Design Software 68

Unleashed

AUGUST 17, 2021

Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance.

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. This gives your procurement teams a user-friendly snapshot of the risks and opportunities in your supply chain.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

SupplyShift

DECEMBER 6, 2021

In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material components to tracking shipments. This gives your procurement teams a user-friendly snapshot of the risks and opportunities in your supply chain.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Supply Chain Opz

NOVEMBER 9, 2014

We believe many practices in global supply chain management can be applied in every industry. In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers. The evidence?

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Supply Chain Game Changer

JULY 3, 2019

Responsible Sourcing isn’t just about sourcing and procuring goods and services in a more sustainable manner, but also about ensuring external suppliers are aligned and committed to the same principles and values. Benchmark the market and take into account the ability for different solutions to fit into your existing sourcing processes.

Sourcing Strategies 58

Sourcing Strategies Purchasing Skills Sourcing Sustainability 58

GlobalTranz

JUNE 11, 2015

The first post in this series broke down what is supplier quality management and the steps to evaluate suppliers and the second post gave you insight into the metrics to look out for by 6 major industries. Left unchecked, Chinese suppliers-like domestic suppliers-may ignore quality. The reality is that their success is in our hands.”.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Design Software Quality Examples 120

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Vinculum

JUNE 24, 2022

Payment reconciliation is the most challenging process for any company’s finance and accounting team, especially in the eCommerce industry. Customers may now purchase from a company’s website or marketplaces due to digital development and the surge in eCommerce. These are critical key performance metrics.

Purchasing Skills 52

Purchasing Skills Analytics Software Sourcing Strategies Negotiating Skills 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Followed by the benefits to reduce logistics cost of expedites, demurrage and detention (58%), increase cash on hand by improving inventory management (23%) and to optimize carrier performance (19%). Supply chain managers require visibility to track the necessary components from a purchase order for production or to fulfill a customer order.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

6 River Systems

APRIL 23, 2019

Warehousing consists of multiple processes including receiving/documenting incoming products, storing products based on specific warehouse design criteria, picking orders, documenting parts picked, packaging, shipping and documenting damaged/returned parts. Carl Hillier. tech_evangelism. Dary Merckens. gunnertech.

Warehousing 97

Warehousing Supply Chain Software Supply Chain Planning Software Supply Chain Design Software 97

6 River Systems

JUNE 29, 2020

The disruption caused by COVID-19 is unique in that it impacted supply chains across all industries. “The pandemic, however, is affecting supply chains in the aircraft, automobile, electronic products, hospitality, medical, pharmaceutical, retail, technology, travel, and personal service/support industries.”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Zipline Logistics

JUNE 30, 2020

Every industry has its own set of terms that are exclusive to the space. There are hundreds of logistics terms that make up the industry’s language. Benchmark — In logistics, benchmarks refer to KPI thresholds set by an organization to measure supply chain performance. Logistics is no exception.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Strategy 52

EMERGE App

DECEMBER 31, 2018

You need to be able to juggle multiple currencies and generate documents in different languages. Better still, save time by having the software automatically calculate landed costs or CBM , for example. Repeat purchases beat finding new customers any time. Benchmark Your Business. Take Control of Wholesale.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

Logistics Viewpoints

JANUARY 3, 2022

According to the American Trucking Associations (ATA), the trucking industry is currently short 80,000 drivers. The ATA has a National Private Truck Council that allows for benchmarking on driver turnover. In the last benchmark, truckload carriers with more than $30 million in annual revenue averaged 90% driver turnover.

Predictive Analytics Software 250

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 250

6 River Systems

JUNE 25, 2019

” — 8 Tips to Reduce Warehouse Costs , Industry Today; Twitter: @Ind_today 10. “That vital information includes the name of the supplier, the associated purchase order number, the pallet label and quantity, the case label and quantity, the product number, the description, the package count and the SKU.”

Sourcing Strategies 56

Sourcing Strategies Optimal Sourcing Warehousing Supply Chain Design Software 56

Logistics Bureau

OCTOBER 31, 2016

If so, prepare to be surprised, because it doesn’t get any more basic than this: Your company must have a documented and commonly understood supply chain strategy. It’s not unusual for example, for companies to measure their supply chain performance only on the basis of financial metrics like supply chain cost per order.

Supply Chain Design Software 40

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

EMERGE App

MAY 10, 2020

You should be storing documents in the cloud for easy access and effortless sharing from one place. Better still, you should banish the idea of documents and files altogether. Drill down on individual sales orders for more details or quickly generate PDF documents from them. And share these with the rest of your sales team!

Purchasing Skills 83

Purchasing Skills Sourcing Strategies Inventory Management Software Inventory Reduction 83

6 River Systems

DECEMBER 5, 2019

Picking also directly impacts the throughput metric, hence improving the productivity and speed of the picking process, which directly improves the throughput of the distribution center. ” – Tips for Improving Warehouse Picking Efficiency , Cherry’s Industrial Equipment; Twitter: @CherrysInd180 4.

Inventory Reduction 52

Inventory Reduction Waste Reduction Cost Reduction Strategies Resource Reduction 52

EMERGE App

MAY 10, 2020

You should be storing documents in the cloud for easy access and effortless sharing from one place. Better still, you should banish the idea of documents and files altogether. Drill down on individual sales orders for more details or quickly generate PDF documents from them. And share these with the rest of your sales team!

Purchasing Skills 52

Purchasing Skills Sourcing Strategies Material Savings Price Reduction 52

EcoVadis

MARCH 23, 2018

If we are to believe the supply chain predictions for 2018 , there will be plenty to keep purchasing and supply chain managers awake at night. This is causing many purchasing teams to feel renewed urgency to take action on establishing or expanding a supplier assessment programs. Actionable results, benchmarks and feedback.

Sourcing Strategies 53

Sourcing Strategies Procurement Solutions Vendor Strategies Procurement Analytics 53

RFgen

JANUARY 18, 2024

As much as 70% of enterprise companies are migrating to an ERP system in the cloud , according to a report by Cloud Security Alliance. Real-time insights and analytics enable faster and better-informed decision-making. Benchmarking for Success Measurement: Determine benchmarks and KPIs to measure the success of the ERP implementation.

Supply Chain Planning Software 72

Supply Chain Planning Software Procurement Solutions Optimization Software Modeling Software 72

Precoro

AUGUST 31, 2023

For instance, if a business wants to finance new technologies or expand to a new market, instead of fundraising elsewhere, it can accumulate finances by reducing current costs. Good cost-saving strategies help companies stay competitive and adjust to the newest industry developments.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105