Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. I saw this claim as being more a statement of intention than of fact.

Supply Chain Design Software 273

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 273

Supply Chain Shaman

JUNE 16, 2014

The older tools from CAPS Logistics, SNO from Oracle, and Manugistics Network Planning are giving way to new technologies like the Logictools product (purchased from IBM), the Solvoyo product for concurrent planning, the Quintiq technology for concurrent optimization, and the Llamasoft technology platform for optimization and simulation.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

AFFLINK

JUNE 10, 2025

For AFFLINK's partners and affiliates navigating complex procurement environments, ESG integration reshapes how supply chains are built, evaluated, and optimized. With consumers and investors alike expecting higher accountability, ESG compliance has become a key differentiator in global procurement.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Design Software Waste Reduction Vendor Strategies 48

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Supply Chain Shaman

DECEMBER 12, 2024

In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. If you, like most, are running your supply chain based on ERP and Excel spreadsheet data, you are not prepared. Procurement was operating in isolation from supply chain.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. 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.

Optimal Sourcing 191

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 191

Supply Chain Shaman

SEPTEMBER 3, 2015

This morning, unexpectedly, I found myself in the middle of a debate between my two panelists on the Planning Benchmarking Panel for the Summit. Recently through my analysis of the planning benchmarking work, I have become fascinated on the role of inventory in the market-driven value network. This is a series of preparation calls.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 90

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 90

The Logistics & Supply Chain Management Society

NOVEMBER 14, 2021

He is very passionate about developments in the Supply Chain arena and is always seeking excellence in his drive for efficiency & innovation in Supply Chain operations” – a quality that is very relevant to face up to the many Supply Chain challenges in our path! The silo mentality of traditional organizations must be broken.

Sourcing Strategies 246

Sourcing Strategies Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software 246

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. The percentage of purchased goods emissions by suppliers with science-based targets.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

Talking Logistics

APRIL 24, 2017

Last Saturday, we celebrated Earth Day, making this an excellent time for each of us to examine our own commitment to the environment. In recent years, businesses and consumers across the country have demonstrated that sustainability matters – both in terms of what they buy and how vendors are selected. In fact, 22% of U.S.

Optimal Sourcing 157

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Optimization Software 157

Silvon Software

MAY 6, 2025

Modern platforms pull data from a wide array of sources: ERPs, relational databases, Excel files, cloud apps, third-party providers, and beyond. Compatibility with Other Tools Seamless integration with Power BI, Excel, and other applications for further data exploration in familiar environments.

Prescriptive Analytics Software 89

Prescriptive Analytics Software Analytics Software Predictive Analytics Software Supply Chain Design Software 89

Supply Chain Opz

NOVEMBER 9, 2014

Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers.

Waste Reduction 274

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

SCMDOJO

JUNE 9, 2025

In the procurement phase, documentation begins with purchase orders and supplier contracts. To actively reduce manual errors and benchmark performance, SCMDOJO’s Logistics KPIs Excel Template offers a ready-to-use tool that tracks efficiency metrics directly tied to documentation quality.

Supply Chain Planning Software 52

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

Logistics Bureau

OCTOBER 19, 2020

Well, I asked Steven Thacker, one of our benchmarking management experts, exactly that question! What is Benchmarking? Benchmarking is essentially comparing; comparing one against another. Those levels are “benchmarks”. Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere.

Benchmarking 52

Benchmarking Agile and Lean Supply Chain Supply Chain Planning Supply Chain Strategy 52

Logility

DECEMBER 15, 2023

Planting the Seeds of Resilience Most companies understand that accurate forecasts are critical to minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently.

Optimal Sourcing 176

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 176

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction. Remove the noise.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Supply Chain Network

OCTOBER 27, 2017

The research indicates that not only does internal collaboration create financial worth; benchmark companies are leveraging collaboration outside their organizations to create competitive advantages. Maine Pointe calls this Total Value Optimization (TVO)™.

Optimal Sourcing 101

Optimal Sourcing Supply Chain Planning Software Gartner Supply Chain Optimization 101

Precoro

JUNE 2, 2025

Financial forecasting has gone from a 'nice-to-have' to a must-have for procurement and financial planning teams. Some of these elements mirror the ones you’ll find in a regular procurement or cost management process. This method is usually visualized in Excel or similar tools. The only difference?

Forecasting 45

Forecasting Forecasting Software Expense Reduction Procurement Solutions 45

Logistics Bureau

JANUARY 21, 2025

If not, you might be surprised at the many ways supply chain benchmarking can be used to understand performance, identify areas for improvement and actually turn those improvements into reality. I asked Steven Thacker, one of our benchmarking management experts, to explain exactly what benchmarking is.

Benchmarking 40

Benchmarking Supply Chain Planning Supply Chain Strategy Agile and Lean Supply Chain 40

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. It requires an in-depth knowledge of procurement processes to be able to bring the supplier on a mutual agreement. The following are common types of negotiation in procurement: 1. The aim is often to secure volume discounts or advantageous terms.

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 105

Material Handling & Logistics

DECEMBER 3, 2018

According to APQC Open Standards Benchmarking data, organizations that are median, or midpoint, performers on this measure have a perfect order index of 90. In other words, 10% of orders being shipped by companies who are median performers have some form of failure or defect, so 10% of order recipients are disappointed.

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Inventory Reduction Supply Chain Planning Software 100

The Logistics & Supply Chain Management Society

JULY 16, 2023

The halal trust of a brand is measured through a consumer survey, analysing the consumer perception of the halal logo, excellence, transparency, halal authenticity, and intention. The halal trust assessment could be conducted for one brand, but can also be benchmarked with selected competing brands.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

crisp

JUNE 29, 2022

For his own use, Dan loves Crisp’s Outbound Connector for Excel , which automatically refreshes the latest retail insights directly into his frequently used Excel files. We have one set of numbers to feed teams across finance, executive, demand planning, supply planning, and procurement.

Supply Chain Planning Software 98

Supply Chain Planning Software Sourcing Strategies Inventory Reduction Data 98

SCMDOJO

MARCH 19, 2024

While Its primary purpose is to manage the entire process, from procurement to delivery, efficiently and cost-effectively, it also coordinates with production to automate processes and planning, etc. Watch What is Marketing Procurement? on our SCMDOJO YouTube Channel! Why do you need a structured Supply Chain Department?

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

HICX Solutions

JANUARY 27, 2022

Supplier Relationship Management is the relationship that develops between a buyer and supplier, which is subject to the exigency of the goods or services purchased and supplied to an organization and dictates the nature of the working relationship that the buyer should look to nurture with their suppliers.

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98

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

NC State SCRC

OCTOBER 8, 2016

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. This initiative benchmarked over 300 global companies, and set forth many of the principles for what we called “World Class Supply Chains”.

Supply Chain Software 58

Supply Chain Software Optimal Sourcing Manufacturing Procurement Agile and Lean Supply Chain 58

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Unleashed

JANUARY 24, 2022

For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low. MRO inventory can account for a sizeable portion of a business’ total procurement spend. Why is MRO inventory management important?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. At the same time, it makes excellent sense to have a good SEO software solution to keep track of how your marketing strategies perform.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ). Even if the category manager had time to do it, I want them to be more strategic in their focus.”.

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 98

Supply Chain Game Changer

NOVEMBER 25, 2018

I don’t for one second deny that the companies on the list have great supply chains, but there are so many advances in Supply Chain technology, talent, skills and capabilities that it is hard to believe that all of this excellence is restricted to the same group of 20 companies year after year after year. And the Novo Nordisk ROA of 37.9%

Gartner 76

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Supply Chain Game Changer

DECEMBER 3, 2019

First I would talk with the 3 main people in charge of the Inventory Management and Procurement buying functions within the company. On top of that I did some benchmarking for the industry so that I knew how the market leaders were performing and where we stood (which was at the bottom of the class). There were no targets.

Inventory Reduction 72

Inventory Reduction Supply Chain Planning Software Inventory Supply Chain Strategy 72