Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

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

Enterra Insights

JUNE 22, 2023

In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter. For example, forecasting might estimate the total number of ice cream cones to be purchased in a certain region, while predictive analytics tells you which individual customers are likely to buy an ice cream cone.”[1]

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Logility

MARCH 6, 2020

Stakeholders who care about forecasting in demand planning care about accuracy, and usually will not accept a new forecasting method unless it is rigorously validated against known forecasting benchmarks with proven accuracy. Greed for more data.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Supply Chain Game Changer

NOVEMBER 7, 2019

In this post, I’d like to suggest a mapping of a digital procurement ecosystem, dive into the necessity for these functionalities, and draw some conclusions as to how these focus areas can drive performance in an overall procurement organization. The Digital Procurement Ecosystem. Digitization vs. Digitalization.

Manufacturing Procurement 55

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 55

Supply Chain Shaman

JUNE 21, 2023

Due to travel restrictions, I cannot attend many industry events, so I observe from home, watching webinars and remote broadcasts. Today’s risk management solutions focus largely on supply sensing and early alerting. Some solutions now include proactive event management driving recommendations to correct/prevent disruption.

Gartner 369

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 369

Supply Chain Shaman

SEPTEMBER 10, 2023

The software never expanded in scope to manage multi-tier inventories. Too few companies stop to answer the questions: Is the solution giving a good plan? The solutions never morphed with the change from regional to global supply chains. The most innovative of the technologies were quickly acquired, and the promise waned.

Supply Chain Planning Software 259

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 259

Supply Chain Shaman

JUNE 3, 2013

The solution solved a relevant industry issue. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. Transora had a short history. Clear governance.

Supply Chain Design Software 261

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 261

Logistics Viewpoints

NOVEMBER 23, 2020

Our inventories were in line with benchmarks, but we knew that intensifying the pace of launches could become challenging in the long run.”. Manufacturing would not have been able to respond to that kind of event for two months. “We We could not manage our business with that tool,” Mr. Stephens realized. The results?

Supply and Demand 194

Supply and Demand Customer Service Logistics Network Optimization Software Supply Chain Planning Software 194

ThroughPut

FEBRUARY 2, 2024

Reactive vs. Proactive Decision-Making Without Advanced Analytics: Decisions are often made in reaction to events as they happen. This leads to reduced transportation costs, improved delivery times, and a more agile response to unexpected events or changes in demand.

Prescriptive Analytics Software 52

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

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

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

Unleashed

FEBRUARY 1, 2023

Demand planning also considers factors such as: Your marketing strategy Seasonality Market trends Demand planning teams need to constantly be alert to technology advances such as in Artificial Intelligence or software tools which can be utilised to their advantage. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs.

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

crisp

JANUARY 24, 2024

One of the biggest events in retail in 2023 was the launch of Walmart Luminate , a data platform offering suppliers more visibility and data access than ever before. Suppliers equipped with detailed insights across all purchasing channels are better positioned to predict trends, adapt strategies, and meet customers exactly where they are.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Report Price Reduction 52

EcoVadis

FEBRUARY 3, 2017

But it is important to note that the most significant aspects of this event are not just about money, but about the new resources, partnerships, technologies, initiatives, team members, and collaboration that it will bring to accelerate EcoVadis’ growth. Bravo, and thank you! The market has spoken. Destination: Growth!

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Sustainability 40

Precoro

JUNE 3, 2024

However, nonprofit accounting software helps organizations save time and resources while safeguarding accounting reports from errors. To help you decide on the best bookkeeping system for your organization, we’ve compiled a list of trusted solutions suitable for nonprofits of various sizes.

Analytics Software 105

Analytics Software Forecasting Software Demand Planning Software Procurement Solutions 105

Unleashed

FEBRUARY 12, 2024

This number can then be used as a benchmark for continual improvement, supporting sustainable business growth. This includes the cost of capital used to purchase inventory, which could have been invested elsewhere for potential returns. With a simple calculation, you can understand what it costs to store and maintain goods.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Unleashed

JULY 2, 2023

It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. This helps you understand where some of your costs are coming from so you can make better decisions around purchasing and inventory management. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” This type of benchmarking is the most powerful in the comparison of like competitors. The Market Leaders in Inventory Management Technology Have the Best Solutions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Unleashed

MARCH 6, 2024

An agile supply chain allows you to quickly identify, assess, and mitigate the impact of these events, and recover faster from any disruptions. Supply chain management software can facilitate proactive planning through the provision of forecasting, simulation, optimisation, and scenario analysis tools.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Logistics Bureau

NOVEMBER 16, 2020

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

SupplyShift

DECEMBER 6, 2021

In early 2021, the Association for Supply Chain Management (ASCM) gave the Economist Intelligence Unit (EIU) permission to dig deeper with a report into companies and their end-to-end supply chain visibility— The Resilient Supply Chain Benchmark. But it’s not just about understanding risk. We explain some of the biggest benefits below.

Supply Chain Software 52

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

SupplyShift

DECEMBER 6, 2021

In early 2021, the Association for Supply Chain Management (ASCM) gave the Economist Intelligence Unit (EIU) permission to dig deeper with a report into companies and their end-to-end supply chain visibility— The Resilient Supply Chain Benchmark. But it’s not just about understanding risk. We explain some of the biggest benefits below.

Supply Chain Software 52

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

Logistics Bureau

JANUARY 19, 2020

I intend to hold low-cost, or even free, Supply Chain Secrets seminars in countries and regions that don’t often receive exposure to this type of educational event. The seminars will cover basic supply chain management, and more advanced elements such as strategy, outsourcing, cost to serve, benchmarking, and so on.”.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning Cost Reduction Strategies 52

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. It is the main measurement benchmark in measuring supply chain performance, isn’t it? The goal is to keep inventory levels at a minimum to meet customer needs. A pull system is better than a push system. Read more. .

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Alloy

FEBRUARY 4, 2024

The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. Five Areas to Focus on Using 84.51° Data Lost Sales Lost sales can happen when automated replenishment algorithms fail to align with actual demand, seasonal or event-related spikes aren’t accounted for, product goes out of date, or many other reasons.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. Effective strategies coupled with a well-defined plan and the right tools helped supply chain professionals alleviate fulfillment pressures and readied managers for market changes in the future. FREE EBOOK.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Unleashed

JULY 25, 2021

Let’s look at how smart food businesses can reduce their waste – and how the right food manufacturing software helps them do it. In addition to these food rescue organisations there are businesses such as Ecostock offering sustainable waste management solutions. Using inventory software to reduce food waste.

Waste Reduction 98

Waste Reduction Food Inventory Reduction Material Savings 98

Freightos

JANUARY 28, 2016

Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size. Kuhne Nagel’s purchase of U.S. Like reach (e.g.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Freightos

JANUARY 28, 2016

Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. A (short-term at least) solution for large forwarders to sustain growth path by acquiring assets, reach or just size. Kuhne Nagel’s purchase of U.S. Like reach (e.g.

Predictive Analytics Software 120

Predictive Analytics Software Freight Purchasing Skills Price Reduction 120

Supply Chain Game Changer

FEBRUARY 27, 2019

Extreme Weather Events. This may include the devotion of resources to maintain operability, use of cloud-based tools and more. Although systems can be integrated through open-source software, integration and modification of systems increase risk. Procurement departments must take the full burden of ensuring supplier consistency.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

6 River Systems

AUGUST 6, 2019

We’re helping our customers to reach what IDC calls the ‘Managed’ and ‘Optimized’ maturity levels by deploying our solution and creating ongoing value by leveraging our experience with robotics coupled with a deep understanding of distribution operations.” Business processes are designed to optimize the use of AMRs.

Procurement Analytics 40

Procurement Analytics Supply Chain Design Software Optimization Software Report 40

NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. As a young assistant professor at Michigan State University, I was part of a group called the Global Procurement Benchmarking Initiative, led by Professor Robert Monczka.

Optimal Sourcing 40

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 40

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Maintaining all past and future promotional events in a database.

Supply Chain Planning Software 262

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 262

Supply Chain Shaman

JUNE 9, 2016

Today Thoma Bravo, a private equity investment firm, announced a definitive agreement to purchase Elemica, a provider of Supply Chain Operating Networks for the chemical industry. In this period the concept of trading exchanges were largely overhyped and the solutions under-delivered. The acquisitions follow a pattern.

Supply Chain Network Software 150

Supply Chain Network Software Prescriptive Analytics Software Supply and Demand Modeling 150

Proxima

NOVEMBER 7, 2023

Here are four key actions CPOs and procurement teams can do to impact their organization’s cost in 2024: The first is understanding where you are on cost in relation to your competitors and the marketplace more broadly. Benchmarking your spend by category is a great place to start to ensure that your efforts are appropriately targeted.

Cost Reduction Strategies 59

Cost Reduction Strategies Negotiating Skills Purchasing Skills Price Reduction 59

Proxima

NOVEMBER 7, 2023

Here are four key actions CPOs and procurement teams can do to impact their organization’s cost in 2024: The first is understanding where you are on cost in relation to your competitors and the marketplace more broadly. Benchmarking your spend by category is a great place to start to ensure that your efforts are appropriately targeted.

Optimal Sourcing 52

Optimal Sourcing Cost Reduction Strategies Negotiating Skills Purchasing Skills 52