Procurement Academy

AUGUST 31, 2021

The most remarkable and disruptive changes of tomorrow will demand a total shift in how we figure out current issues and challenges, such as how we perform tasks, how we activate change, how do we innovate new propositions, how we identify the technology we apply in our businesses, and which resources we can leverage.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Predictive Analytics Software 95

Supply Chain Shaman

SEPTEMBER 30, 2012

It was earlier than even supply chain innovators. There is a Big Difference Between Marketing-Driven and Market-Driven Supply Chains. . They excel in the four Ps of marketing. For example, would Toyota have thought to ask the question, “Are my brakes failing?” We have built transactional buying relationships.

Supply Chain Design Software 286

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 286

Supply Chain Shaman

MARCH 12, 2019

Examples include Enterprise Resource Planning (ERP), Warehouse Management (WMS_ or Advanced Planning (APS). This team was working on quality improvements and found that the flows crossed 117 disconnected documents in access, excel, and google analytics. Master data is an ongoing issue. What does an IT taxonomy mean? or P&G?

Prescriptive Analytics Software 175

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 175

Enterra Insights

FEBRUARY 1, 2021

Multiple factors are driving supply chain digitalization, including the growth of big data, artificial intelligence (AI), robotics and the Internet of Things (IoT). ” Those are excellent questions to consider before making investments in any technology. servomechanisms) and software (e.g.,

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Gartner Supply Chain Optimization 113

Supply Chain Shaman

JULY 3, 2017

While companies need ERP as a system of record for transactional processing, it is not the future of supply chain analytics or innovation. In each case, note that the greatest improvement is happening in industries like contract manufacturing where innovation is a necessity due low margins. The opportunity? As shown in Figure 1.

Inventory Reduction 156

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 156

Talking Logistics

DECEMBER 11, 2014

I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. When I worked at Polaroid, for example, some of us were concerned about the emergence of digital cameras and what it would do to instant photography. Big Data and Analytics for Oil and Gas Transportation.

Predictive Analytics Software 202

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 202

Supply Chain Movement

JANUARY 11, 2016

Our members will focus on the latest trends in Supply Chain and debate the most up to date innovations available to the industry. Purchasing. Our focus for 2016 is: Transformation – Information technologies, understanding big data, and digital supply networks are pushing supply chain management to new levels of efficiency.

Supply Chain Design Software 60

Supply Chain Design Software Sourcing Strategies Supply Chain Strategy Supply Chain Design 60

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. For example, should customer sentiment data feed into quality systems?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

Enterra Insights

JULY 8, 2021

Today, with more consumers than ever taking the digital path to purchase, customer service is often an on-line-only experience. Innovators know that they need to solve the human connections gap in their online channels.” Before the age of ecommerce, great customer service generally involved face-to-face contact. ”[1]. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Modeling Software Supply Chain Software Procurement Solutions 130

SCMDOJO

MAY 6, 2022

No-code platforms allow for the creation of excellent applications and services by simply dragging and dropping components. No-code platforms for the supply chain create better self-service process applications that allow for a more innovative approach and better scalability. Examples of No-code Platforms. Techcrunch.

Supply Chain Design Software 109

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 109

Freightos

JANUARY 8, 2019

Big data and AI. It’s incredible to see how accessible and affordable data has become in such a short time. I’ve been in tech for a while and I remember when data was incredibly expensive. Today, you buy a seat on a plane and the seat is there waiting for you. You never tell your customer what your buy rate is.

Freight 150

Freight Pricing Training Negotiating Skills Purchasing Training 150

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. The planning process should be automated, repeatable, and not dependent on Excel-based manipulation.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. As retailers study their current warehouse operations, they have to keep one eye on innovations positioned to become industry standards. GizMag shared the example of a flying drone that can perform inventory administration in a warehouse space.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

RFgen

JANUARY 21, 2016

Innovative inventory techniques go from abstract to concrete in 2016. As retailers study their current warehouse operations, they have to keep one eye on innovations positioned to become industry standards. GizMag shared the example of a flying drone that can perform inventory administration in a warehouse space.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

ThroughPut

MARCH 25, 2024

Analyzing data and identifying patterns allows companies to predict shifts in consumer preferences and market demands, allowing them to innovate and introduce new products or services ahead of the curve. This proactive approach can open new revenue streams and strengthen market positioning, giving companies a competitive edge.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Logistics Bureau

APRIL 27, 2016

The supermarket chain reaching out to traditional families, working parents, or younger generations with different buying styles, or the apparel manufacturer seeking to satisfy both the everyday clothing market and the hot fashion clientele, are both examples of entities with a need to adapt to a variety of channels simultaneously.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Supply Chain Planning Software Logistics Modeling Software 40

The Logistics & Supply Chain Management Society

OCTOBER 10, 2022

From stocking up your fridge with the week’s groceries to purchasing the latest smartphone, the consumer has now been placed at the center of the supply chain as they pull the complete gamut of products to where they reside. drop, and it continues to set new standards for delightful post-purchase customer experiences. That’s an 87.5%

Logistics Network Optimization Software 242

Logistics Network Optimization Software Supply Chain Planning Software Analytics Software Procurement Solutions 242

Enterra Insights

MAY 12, 2021

customer experience as part of the digital path to purchase) and physical customer experience (i.e., However, today’s consumers frequently use mobile apps as part of their purchasing experience regardless of whether they are shopping online or in-store. .” Obviously, virtual customer experience (i.e.,

Procurement Solutions 147

Procurement Solutions Predictive Analytics Software Modeling Software Demand Planning Software 147

Elementum

FEBRUARY 7, 2024

Digital Process Optimization: Streamlining Business for Efficiency In the race to streamline operations and elevate efficiency, Digital Process Optimization (DPO) emerges as a critical strategy for businesses looking to innovate and scale.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Jaggaer

JUNE 18, 2019

Having spent decades at Kraft Foods, Kellogg’s, Johnson & Johnson, and now Biogen, Walter provides keen insight into the state of procurement today and how big data analytics is disrupting the landscape to provide CPOs with meaningful answers for more strategic procurement execution. Q: What are the big trends in manufacturing?

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

American Global Logistics

SEPTEMBER 26, 2023

Amazon's relentless commitment to customer experience is another prominent example. This focus on innovation allows businesses to stay relevant, exciting, and top-of-mind. Nordstrom, for example, empowers its employees to exceed customer expectations. It also enables the launching of innovative services like 1-day shipping.

Procurement Analytics 52

Procurement Analytics Expense Reduction Cost Reduction Strategies Price Reduction 52

6 River Systems

FEBRUARY 22, 2019

For example, the counting is carried out by personnel from another department other than the warehouse, who carry out samplings to perform surprise counts in order to check the reliability of the inventory, count more frequently the assets of greater value or greater turnover, etc. 2) Artificial intelligence and big data.

Cost Reduction Strategies 56

Cost Reduction Strategies Inventory Reduction Material Savings Warehousing 56

Infosys Supply Chain Management

APRIL 8, 2014

Cloud & Big Data. There are pre-packaged software applications which help companies in analyzing their data and give them meaningful insight into their data - examples are customers demand trends, financial analysis, sales optimization etc. New application purchases are being evaluated to be cloud deployable.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

Supply Chain Insights

AUGUST 29, 2017

Demand signals include shopping trends, digital footprints of shopping online or looking at recipes, talking to their neighbors and friends on social media, buying habits, and consumption data. That will ultimately lead to a status quo planning process and a continuation of failed promotions. 2 Out-of-Stock Conditions.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95

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. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains.

Supply Chain Planning Software 84

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

Supply Chain Insights

JUNE 30, 2017

The global big data initiative was catapulted off the flight deck and the mission of shopper reconnaissance was executed in earnest. These days, almost every manufacturer either has one or is about to pull the trigger on buying or developing one. These are aptly named Demand Signal Repositories or “DSR’s.”

Supply Chain Planning Software 110

Supply Chain Planning Software Optimal Sourcing Supply Chain Design Software Predictive Analytics Software 110

SCMDOJO

NOVEMBER 24, 2023

Depending on the material flow, loading-unloading dock locations, number of materials to be handled, and many more parameters, WMS provides excellent design solutions to optimize the operations. You can get a clear picture of the invoicing data, packing size, space availability, etc.

Supply Chain Design Software 65

Supply Chain Design Software Supply Chain Planning Software Inventory Management Software Optimization Software 65

Infosys Supply Chain Management

JULY 3, 2012

Cloud & Big Data. In this blog, with the example of Asset Management for personal health, they emphasize on identifying avenues for adding more Asset definitions to the EAM purview. An excellent article, really on the cutting edge of EAM scope innovation. Supply Excellence. Business Process Outsourcing.

Asset Management 30

Asset Management Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 30

Precoro

MARCH 30, 2022

Main types of procurement strategies Steps to develop a strategy Procurement strategy examples and template to create one Why is procurement strategy important FAQs What is a Procurement Strategy? A procurement strategy defines how purchasing decisions are made. Green Purchasing. What is a procurement strategy ?

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

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. Meanwhile, Big Data analytics, AI, and machine learning can have a significant impact on supply chains.

Supply Chain Planning Software 52

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

Infosys Supply Chain Management

SEPTEMBER 5, 2012

Cloud & Big Data. Research has proved that the use of social media can vastly improve the sales, lower costs of procurement and bring about innovation in the supply chain. For example, an internal social media application can help the purchasing team collaborate more effectively with the payables team.

Optimal Sourcing 26

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 26

6 River Systems

JUNE 29, 2020

As global supply chains start the long process of recovery, supply chain management is in the spotlight, and new best practices and innovative strategies are emerging as supply chain leaders aim to reduce risk in an uncertain future. For example: Does it have a strong track record for meeting contractual obligations?

Supply Chain Planning Software 116

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

6 River Systems

APRIL 4, 2019

These technologies also contribute to a rise in big data and analytics in the logistics field. Think of (even) more efficient routes and the ability to anticipate sales by taking data points such as weather patterns into consideration. In 2019, gathering unique data will be more prominent in the brains of logistic companies. .

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

Requis

FEBRUARY 4, 2021

ML is a complex topic unto itself, especially in its application to big data sets. These terms are used for marketing purposes for those who are responsible to buy software for their organization. For example, hammers are worth more than nails. The driving tech in supply chain now is Microsoft Excel.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Modeling 52

6 River Systems

OCTOBER 12, 2020

Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line. For example, a specialist in the transport of food does not have the experience needed to transport metal products safely, and vice versa. trillion and motor carrier costs rose 10.1%

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Material Savings Inventory Reduction 98

Supply Chain Game Changer

JUNE 2, 2020

Past leadership titles include Chief Procurement Officer at both Lucent Technologies and Micron Technologies, in addition to other leadership positions as Vice-President Supply Chain Management, Operational Excellence Executive, and Chief Strategy Officer. The second example is a personal one. The details and magic of Excel analyses.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

NC State SCRC

DECEMBER 28, 2015

In other words, many supply chain and purchasing solutions looks at historical transaction activity (what happened in the past and is captured in our ERP systems). For example, P&G used their demand sensing algorithm to use customer signals to drive activity backwards throughout the suply chain.

Predictive Analytics Software 40

Predictive Analytics Software Predictive Analytics Supply Chain Design Software Supply Chain Planning Software 40