Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. Here’s an overview of the important criteria to consider when searching for a solution: What is the Industrial Breadth of the Solution? Your organization may know very little about many of these industries, especially when it comes to risk and CSR.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. 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.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Unleashed

JANUARY 29, 2024

Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively. You can keep your purchasing costs down by stocking only the SKUs that generate profit and demand. Improved inventory accuracy. Reduced storage and supplier costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

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 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Each requires its own portfolio of metrics. Even where the same metrics are used, there are differences.

Inventory Reduction 63

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 63

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

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. The 84.51° helps brands better understand their customer.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Supply Chain Shaman

AUGUST 16, 2015

Infor–a market consolidator of enterprise software–currently has revenues of $2.8 On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. 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

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Inbound freight costs as percentage of purchases.

Benchmarking 120

Benchmarking Purchasing Skills Analysis Cost Reduction Strategies 120

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 Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

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

Supply Chain View from the Field

JUNE 10, 2014

The DRL is a rigorous metrics-based assessment of the value of data in various states of readiness. The aggregate change in DRL associated with a piece of data from raw input signal to finished product will contribute to the characterization of a given analytic flow in terms of accuracy, efficiency, and other performance metrics.

Analytics Software 89

Analytics Software Procurement Analytics Supply Chain Software Analytics 89

HICX Solutions

MARCH 31, 2022

In this webinar, we join Niko Nurmi , Executive Advisor at Procurement Leaders , as he discusses these challenges and how to overcome them – with Carmen Erhardt , Director of Corporate Purchasing and Head of Global Processes, Operations and Digitalization at Henkel ; and Anthony Payne , CMO at HICX. A supplier experience approach.

Optimal Sourcing 52

Optimal Sourcing Resource Reduction Cost Reduction Strategies Procurement Analytics 52

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 261

Freightos

FEBRUARY 4, 2020

As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. Sources: FBX and SGX. managing complex benchmarks for the shipping industry, to create the Freightos Baltic Index (FBX). To optimize choices as costs change. The FBX Daily Difference.

Optimal Sourcing 238

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 238

Silvon Software

APRIL 18, 2024

These technologies are not just transforming business areas like sales, procurement, production, distribution and others by streamlining data categorization and insight generation; they are reshaping entire business landscapes by offering real-time intelligence that informs strategic decision-making across all core areas.

Manufacturing Procurement 58

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 58

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. They provide clear insights and benchmarks around the operational efficiency of specific manufacturing processes. As a metric, it’s the time you budget to manufacture each part or component.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 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

Precoro

FEBRUARY 27, 2023

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. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Alloy

OCTOBER 3, 2023

An Introduction to Walmart Luminate Listen to the full episode of the Shelf Life Podcast on Walmart Luminate Walmart Luminate is the retailer’s new data, analytics and reporting tool for suppliers — and it represents a massive step forward in retailer-supplier collaboration. ” – Joel Beal, CEO and Cofounder @Alloy.ai

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

Unleashed

MAY 2, 2022

These are the 10 most crucial metrics for SMEs – so you can get started on reducing inefficiencies and cutting costs. Using inventory performance metrics can lead to: Happier customers – who get what they want, when they want it, at the price they’re willing to pay. This is a great metric to track as it tells you your break-even point.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 98

Vinculum

JUNE 24, 2022

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. You can re-run the procedure in the loop until you get the best results once you’ve established the benchmarks. Integrated Solutions.

Purchasing Skills 52

Purchasing Skills Analytics Software Sourcing Strategies Negotiating Skills 52

Locus

MAY 25, 2022

The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. Source: statista.com. But today, nothing can be more heartbreaking to a customer than a business breaking its delivery promise on their prized purchases. – Statista, U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52

SupplyPike

MAY 19, 2020

These break down as follows: POS data: This refers to the retail measurement , which is data collected from stores using POS systems and e-commerce software. These vendors provide valuable insights into retailers, categories, and benchmarks against other companies. Walmart has selected Nielsen for its source of POS data.

Data 98

Data Procurement Analytics Analytics Software Forecasting Software 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

Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. When you think of sustainability, you might think of CPG brands practicing ethical sourcing or using recyclable packaging. Aligning Parts of the Supply Chain . roads generate about 7% of U.S.

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

Supply Chain Management and Analytics

MARCH 5, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Supply Chain Shaman

JUNE 6, 2015

As I read the literature, I felt out of touch and old-fashioned. “How could I not know about supply chain planning software?” On the plane to my interview, I read everything I could about planning software and thought about the simple spreadsheet challenge that was the genesis of my journey. ” I thought.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

Taulia

JULY 11, 2023

A 2023 report by Glow and NIQ shows that half of surveyed consumers changed the food and grocery brands they purchase based on ESG considerations, for example. Build an ESG-compliant supplier base To address ESG risks, companies need to put ESG at the forefront of how they do business – and that starts with the procurement process.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

EMERGE App

OCTOBER 4, 2018

Your retail customers bought them because health-conscious consumers wanted a non-stick solution without nasty chemicals or synthetic stuff on their fry pans. Horror 3: Disappearing Metrics. Aside from generating financial reports, what other metrics are you using to benchmark your inventory management efficiency?

Inventory Management Software 76

Inventory Management Software Inventory Management Inventory Reduction Inventory 76

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. This is where sustainability benchmarking can really help you home in on where improvement is most needed.

Supply Chain Planning Software 52

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 52

6 River Systems

JUNE 29, 2020

It’s likely that in the coming months and years, many supply chain leaders will look to automation solutions that help to minimize physical contact and the number of touches required to move products through the supply chain. “Business leaders should also look at how new tools and technologies can provide greater intelligence.

Supply Chain Planning Software 116

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