Procurement Academy

JANUARY 25, 2021

Employees who are well informed and have access to training materials are typically happier and perform better when required. Retail Academy is the newest venture of Procurement, Supply Chain, and Sales Academy. The training pieces will be tutoring the employees to identify the loopholes in inventory management.

Procurement Analytics 98

Procurement Analytics Buyer Training Purchasing Skills Retail 98

Supply Chain Shaman

FEBRUARY 28, 2021

The current state of automation–Customer Relationship Management, Marketing Management, Revenue Management, Supplier Relationship Management, and Transportation Management–automates decisions within a function but does not enable the seamless flow of data and information organizations to improve organizational outcomes.

Supply Chain Planning Software 359

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 359

Global Trade Management

DECEMBER 11, 2023

Harnessing the Power of Predictive and Prescriptive Analytics Predictive analytics is the key to foreseeing future events, such as equipment failures or the precise amount of inventory needed based on sales forecasts. Conversely, prescriptive analytics provides actionable insights, guiding businesses in making informed decisions.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Supply Chain Software Analytics Software Predictive Analytics 59

Supply Chain Shaman

SEPTEMBER 22, 2021

Net/net, the current architectures are hard-wired into back-office Information Technology deployments with layers of security and integration, and batch processing. As such, they serve the business leaders as a system of record for planning information, but they do not serve the core user very well. The solution was too black box.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40

GlobalTranz

DECEMBER 27, 2017

This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators. Their popularity has skyrocketed since the smartphone became as necessary as car keys, giving you to-the-minute facts and information, right in the palm of your hand. Share This: Read More. [e-Book]

Supply Chain Software 151

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain Strategy 151

Procurement Academy

JANUARY 25, 2021

Employees who are well informed and have access to training materials are typically happier and perform better when required. While many of the core principles of Procurement and Supply Chain are universal, we recognize that the skills that enable success in the retail industry are different from those in other industries.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

These changes can be categorized into various types, including shifts in supply and demand patterns, geopolitical developments, environmental concerns, advancements in information technology, and talent shortages. Advancements in Information Technology (IT) have also brought about significant changes in supply chain management.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Movement

SEPTEMBER 5, 2016

big data and business intelligence, innovation is at the forefront of the Supply Chain. More information >> Register now >> In today’s era of logistics 4.0, The Supply chain never stops improving.

Supply Chain Software 60

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain 60

NC State SCRC

MARCH 15, 2016

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Baltimore Analytics Software 40

Enterra Insights

JULY 22, 2020

Thanks to cognitive technologies and big data, predictive analytics allow decision-makers a peek into the future. ” Tim Sandle ( @timsandle ) notes, “Advances with machine learning and big data analytics are helping researchers, and ultimately companies, to make predictions about future trends by analyzing patterns.”[2].

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 100

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Best Practices like Logistics KPI Dashboard , Inventory Optimization Tool , Excess and Obsolete Inventory Guide , etc. This informed decision will pave the way for a more tailored and fulfilling career trajectory.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 70

Logility

MARCH 19, 2018

2) Multi-Echelon Inventory Optimization (MEIO). The F&B supply chain tend to be inventory rich with average days of inventory still hovering in the high 30 days of coverage range. Reducing inventory while maintaining or improving customer fill rates should be a high priority project for any company.

Optimal Sourcing 113

Optimal Sourcing Supply Chain Planning Software Beverage Prescriptive Analytics Software 113

Supply Chain Shaman

FEBRUARY 7, 2014

With the investment in transactional systems for order-to-cash and procure-to-plan, many have lost focus on planning. While EDI is used to share transactional data, and progress has been made in this area, the software of choice to share plans is an excel spreadsheets. The focus is on the enterprise not the value network.

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Network Software 289

EazyStock

SEPTEMBER 14, 2022

They help oversee the receiving and storing of stock items, inventory management, stock counts, order allocation, picking, packing, scanning, shipping and resource management. This removes the need for warehouse operatives to check inventory manually before fulfilling the order. Choosing a WMS. What are your business needs?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 52

DynaSys

OCTOBER 7, 2021

Excellent sales, operational, and inventory planning involves collaboration within and outside an organization. Advanced Analytics let you share complex data and collaborate with critical stakeholders to improve forecast accuracy, better respond to consumer demand, reduce inventory, improve production, and grow profits.

Analytics Software 52

Analytics Software Supply Chain Planning Software Analytics Supply Chain Design Software 52

Supply Chain Game Changer

NOVEMBER 14, 2018

Blog post originally published by, and permission to publish here provided by, Argentus at [link] , a boutique recruitment firm focused on Supply Chain and Procurement. Titled, “ The Death of Supply Chain Management ,” the article discusses the way that automation, AI and big data are transforming the industry. Email Address.

Supply Chain Software 86

Supply Chain Software Supply Chain Design Software Negotiating Skills Purchasing Skills 86

OptiProERP

NOVEMBER 19, 2021

The big advancement of the fourth industrial revolution is the Internet which has provided the IoT (Internet of Things) for interconnection of technology, real-time access to information, and cyber-physical systems which are mechanisms controlled by computer-based algorithms. Industry 4.0 Advanced Robotics. Digital Twins.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Network Software 52

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Today, the tech devices that entered the market in early 2016 are obsolescent, and more companies are looking for real-time data-driven decision making opportunities through the Internet of Things (IoT).

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

Supply Chain Movement

JANUARY 11, 2016

Procurement. 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. More information>> Our members include: VPs/Directors/Group Heads in: Supply Chain. Purchasing.

Supply Chain Design Software 60

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

Enterra Insights

NOVEMBER 5, 2018

Kiran Mani, Google’s managing director of retail, told conference participants, “Personalization is nothing but translating information into assistance. For businesses, this means that an efficient supply chain with a well-managed inventory tracking system is essential. How do retailers learn what customers want?

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

ThroughPut

MARCH 25, 2024

Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. Improved Supply Chain Resilience Anticipating demand fluctuations allows companies to adjust their inventory levels proactively, thereby reducing the risk of stockouts or overstocking.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. With today’s treatment of data, the supply chain has never been better fit to suit evolving customer needs.”[4] The modern supply chain is mind-boggling. ”[5]. ” Footnotes. [1]

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

NC State SCRC

NOVEMBER 6, 2021

However, not every supply chain and procurement decision fits neatly into this category. It likely took weeks for this information to filter through supply chains, and suddenly several weeks later planners came to realize that N95 masks were unavailable, and that the lead times had grown to nine months!

Purchasing Training 52

Purchasing Training Supply Chain Planning Software Supply Chain Planning Negotiating Skills 52

ThroughPut

AUGUST 4, 2020

Supply Chain Analytics aims at enhancing the manufacturing operational efficiency and overall operational effectiveness by enabling informed data-driven decisions across the factory floor. With valid Supply Chain Analytics, manufacturers now have real-time accurate data to make strategic, operational, and tactical decisions.

Manufacturing Procurement 52

Manufacturing Procurement Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

IQMS

OCTOBER 18, 2019

The algorithms iteratively query data with many using constraint-based modeling to find the core set of factors with the greatest predictive accuracy. How the Use of Big Data Analytics Affects Value Creation in Supply Chain Management. Journal Of Management Information Systems , 32 (4), 4-39. no opt-in). Preston, D.

Supply Chain Planning Software 73

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 73

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. The main lack of talent is in middle management, especially in big data analytics and supply chain planning, where the shortage is around 54%. Finance managers.

Supply Chain Planning Software 96

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

American Global Logistics

SEPTEMBER 12, 2023

It involves coordinating and integrating various activities, from procurement to production to distribution, to ensure the seamless flow of goods and services. It involves managing the flow of materials, information, and finances across different supply chain stages. This innovation significantly increased efficiency.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 52

Enterra Insights

JUNE 14, 2019

With so much information available online, protecting intellectual property is a major challenge. AI systems can also help with inventory control, logistics movement, and numerous other retail-related activities. AI systems can be used across supply chain networks from procurement to last mile delivery. Intellectual Property.

Supply Chain Network Software 113

Supply Chain Network Software Optimization Software Analytics Software Predictive Analytics Software 113

RFgen

JUNE 5, 2016

Turning warehouse activities into digital information calls for mobile data collection devices. Managing inventory is a numbers game. Businesses currently operate in a big data world and inventory movements are becoming the most important piece of information for making organization plans.

Warehousing 52

Warehousing Inventory Reduction Supply Chain Planning Software Inventory Management Software 52

RFgen

JUNE 5, 2016

Turning warehouse activities into digital information calls for mobile data collection devices. Managing inventory is a numbers game. Businesses currently operate in a big data world and inventory movements are becoming the most important piece of information for making organization plans.

Warehousing 52

Warehousing Inventory Reduction Supply Chain Planning Software Inventory Management Software 52

Enterra Insights

MAY 3, 2018

Burnson explains, “According to Barrons, the new warehousing infrastructure and downstream processes need to be reinforced with accurate and near-real-time information flows from the upstream container movement from vessel arrival through to container availability and yard management that feeds the gate and rail process.”

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Supply Chain Game Changer

NOVEMBER 22, 2018

They must oversee inbound and outbound inventory, manage warehouse space , consider order processing, handle employee complaints, report to stakeholders, supervise new system implementation and address the looming skills gap. Article originally published at [link] and permission to publish here provided by Dave Joseph.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Skills 60

QAD

DECEMBER 10, 2019

Digital transformation strategies are delivering more responsive solutions and real-time information to change the way organizations operate. Consider a story from Seth Stephens-Davidowitz’s book, Everybody Lies on the topic of big data. Manufacturers Thrive on Timely Information. Enhance Product Connectivity.

Manufacturing Procurement 134

Manufacturing Procurement Real-time Visibility Inventory Reduction Cost Reduction Strategies 134

GlobalTranz

JULY 7, 2015

This excess of inventory can often pose as a problem when companies already have a long list of issues to tackle to remain relevant in the market. Such tools, like the Cerasis Reverse Logistics product , which is newly released, allow an employee to procure and dispose of surplus product from more than one location.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Material Savings 120