GlobalTranz

SEPTEMBER 23, 2015

Thanks to data gathering programs, supply chain software , and data entry applications, this represents a mountain of data, which has the potential to provide ground-breaking insight into how to improve business-model efficiency. What Is Supply Chain Big Data? How Does Big Data Improve a Supply Chain?

Big Data 120

Big Data Procurement Analytics Supply Chain Design Software Optimal Sourcing 120

OptiProERP

NOVEMBER 3, 2022

It helps companies better compete through increased efficiency and functionality. Some standard digital technologies are cloud computing, the Internet of Things (IoT), machine learning, Artificial Intelligence (AI), mobile, and Big Data. Developing an Effective Digital Transformation Strategy. Look for gaps in your data.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

MARCH 24, 2024

Many manufacturers use lean methods to cut costs and improve efficiencies in their business. Here we look at the most common tools and techniques used to bring the advantages of lean into the modern manufacturing workplace. In this guide to lean manufacturing tools: What are lean manufacturing tools? Big data frameworks.

Six Sigma 52

Six Sigma Supply Chain Design Software Inventory Management Software Demand Planning Software 52

ThroughPut

MAY 16, 2024

Powered by data analytics and advanced technologies, every stage of the supply chain can be critically analyzed, starting from procurement to distribution to identify and prioritize improvement opportunities. This opens up avenues to save procurement, transportation, inventory, and warehousing costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Modeling 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. BD, was using a supply chain risk management solution. They call this their “n-tier” supply chain.

Supply Chain Visibility 208

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 208

SCMDOJO

APRIL 4, 2023

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. Supply chain analytics is the process of using data and analytics to gain insights into supply chain processes and operations.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Supply Chain Shaman

JANUARY 31, 2022

Source E2open Shipping Index). The Chief Financial Officer gained more presence with procurement and IT reporting to finance. As a result, focusing on cost and efficiency, and functional metrics throws the supply chain out of balance. He genuinely cared for the organization and prided himself on forging clever strategies.

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Unleashed

JANUARY 27, 2020

Big data refers to the process of examining and analysing large and diverse data sets for the purpose of uncovering valuable information to help businesses make informed decisions. The relationship between SMEs and big data is not contradictory, because no business is too small for big data.

Big Data 63

Big Data Analytics Software Predictive Analytics Software Purchasing Skills 63

6 River Systems

JUNE 10, 2019

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. ” Meet Our Panel of Supply Chain Professionals: Trey Howard Emmanuel Frost Michael D.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

Arena Solutions

APRIL 4, 2023

As the list of new technologies and innovative software solutions keeps mounting, graduates are excited by the prospects of learning and using new technologies like cloud CAD/CAM software, 3D printing, cloud-native product lifecycle management (PLM), quality management systems (QMS), and robotics.

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

GlobalTranz

AUGUST 7, 2015

Big data utilization is the wave of the future for all aspects of business including supply chain management. The problem is that not every company has the resources to begin the process of big data management and have yet to see the extent of benefits it can provide to analyze and use such data management.

Big Data 120

Big Data Analytics Software Predictive Analytics Procurement Analytics 120

Jaggaer

FEBRUARY 11, 2020

Even long-time escapes like sports have become playgrounds for IoT fitness devices and big data statistical analysis. The good and bad news is that autonomous procurement isn’t here yet. There are four main steps to autonomous procurement. There are four main steps to autonomous procurement.

Procurement Solutions 80

Procurement Solutions Optimal Sourcing Procurement Sourcing Strategies 80

Enterra Insights

SEPTEMBER 7, 2023

As communication specialist Karen Michele Nikos-Rose explains, “Countries in the Global North with low production capacities control a significant share of [the global food] supply chain given their purchasing power and location adjacent to important wheat trade hubs.”[3] ”[6] • Leverage Alternative Sources of Protein.

Food 130

Food Security Global Supply Chain Design Software 130

Supply Chain Game Changer

MARCH 28, 2020

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. But there is a profoundly significant Procurement value chain. Procurement is strategic! Now is the time for Procurement to SELL! Could the CPO Be Replaced by the Chief Value Officer?

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

Supply Chain Game Changer

JUNE 2, 2020

This interview is with Joe Carson, CEO and Founder of Spend Strategies, LLC. Joe Carson, CEO Spend Strategies, LLC. Joe is currently the CEO of Spend Strategies. As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

Enterra Insights

MAY 6, 2021

In the area of big data, geological features are often used to depict the enormity of the data involved. ” Alexandrov and Vesselinov write, “A seemingly bottomless ocean of ‘big data’ has flooded our world. They are working on an artificial intelligence tool called SmartTensors.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Enterra Insights

JANUARY 6, 2022

To the surprise of many, physical stores survived — and some big-box stores, like Target and Walmart, actually thrived. There are several reasons the retail sector survived the pandemic — among those reasons were the adoption of omnichannel strategies and utilization of cognitive technologies (aka artificial intelligence (AI)).

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

EazyStock

OCTOBER 10, 2018

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.

Inventory Management Software 45

Inventory Management Software Big Data Inventory Management Supply Chain Planning Software 45

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

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

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Historically, demand forecasting relied on simple tools and intuition, but as supply chains have become more complex and globalized, the need for sophisticated forecasting methods has grown.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Supply Chain Shaman

SEPTEMBER 22, 2021

At the end of the presentation, I asked Allyson her perspective on open source analytics. Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. The solution was too black box. Hence the solution couldn’t be much maintained. ” Her answer was telling.

Optimal Sourcing 221

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 221

SCMDOJO

NOVEMBER 17, 2023

We enable them by providing high-quality supply chain on-demand courses, guides, best practices, tools, and mentoring from industry experts. We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 72

GlobalTranz

FEBRUARY 19, 2016

As time passed, procurement gradually gained a larger role in the scope of manufacturing and order fulfillment. By the mid-1950s , procurement had become a commonplace aspect of minor business, and procurement was almost comparable to secretarial work. Why Is Technology Driving Procurement Trends and the Role of Procurement?

Manufacturing Procurement 120

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 120

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 262

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 262

ThroughPut

APRIL 6, 2020

Supply chain optimization involves finding the critical optimal solutions that can generate the most productive and lucrative organizational performance while including all possible operational constraints and bottlenecks in the process. What does supply chain optimization involve? This helps solve several problems for them: 1.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

NC State SCRC

JULY 5, 2019

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

ThroughPut

APRIL 2, 2020

Supply chain optimization involves finding the critical optimal solutions that can generate the most productive and lucrative organizational performance while including all possible operational constraints and bottlenecks in the process. This process usually involves the application of mathematical modeling techniques using computer software.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

ThroughPut

MARCH 24, 2024

Supply chains have a heavily collaborative environment with raw materials sourced from multiple agencies and locales. Strategies for a Robust Product Mix Planning A diversified product mix creates both a robust brand identity as well as market domination. This leaves a lot of scope for errors at multiple points.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

BlueYonder

MAY 17, 2017

The last part of this blog series will discuss how JDA is delivering an innovative solution strategy to enable a true real-time, predictive digital supply chain. Real-Time Transportation Data Leads to More Efficient Decision Making. Learn more about how JDA can help by contacting us today.

Sourcing Strategies 40

Sourcing Strategies Real-time Visibility Material Savings Cost Reduction Strategies 40

BlueYonder

MAY 17, 2017

The last part of this blog series will discuss how JDA is delivering an innovative solution strategy to enable a true real-time, predictive digital supply chain. Real-Time Transportation Data Leads to More Efficient Decision Making. Learn more about how JDA can help by contacting us today.

Real-time Visibility 43

Real-time Visibility Sourcing Strategies Material Savings Cost Reduction Strategies 43

Logility

FEBRUARY 26, 2020

Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution, maximize customer service, ensure confidence in company financial projections. Without clean, consistent data, demand planners will struggle to create accurate forecasts. The Changing Role of the Planner.

Forecasting 162

Forecasting Forecasting Software Optimal Sourcing Supply and Demand 162

SYSPRO Smarter ERP

MAY 22, 2023

A sustainable chain involves implementing sustainable practices at each stage of the supply chain, from raw material sourcing and production to transportation, distribution, and end-of-life disposal. Extend what is already made – repair and maintain products to maximize their lifetime; implement a return strategy when applicable.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability 98

Enterra Insights

SEPTEMBER 7, 2021

Chris Tranquill, Chief of Strategy at Khoros, believes there are three pillars on which companies need to build to improve their customer care efforts: a consistent presence across all channels; understanding what your customers are feeling; and, enhancing customer experience with technology.[5]. People (and our purchasing decisions!)

Sourcing Strategies 147

Sourcing Strategies Analytics Software Procurement Solutions Supply Chain Software 147

Enterra Insights

JANUARY 26, 2021

Tech-enabled Business Strategy. According to Deloitte analysts, tech-enabled business strategy, optimized for agility, will be a game changer for many businesses. The traditional process of strategy development is too infrequent and labor-intensive to enable strategists to sense and seize opportunities as they emerge.

Supply Chain Design Software 113

Supply Chain Design Software Modeling Software Optimization Software Supply Chain Network Software 113

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. AI applications will become increasingly important especially in buyer-seller transaction systems, to enable improved efficiency of transaction flows.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Supply Chain Game Changer

JULY 16, 2020

Business management tools like spreadsheet software and invoice-creation tools saved significant amounts of time and aided recordkeeping. Companies got a taste of the now-booming software-as-a-service (SaaS) industry starting in 1999. Bringing Big Data Into the Picture.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 124

Supply Chain Game Changer

APRIL 23, 2019

The Procurement, or Purchasing, function is considered by many to be a necessary but non-strategic part of any organization. This is not to say that they believe Procurement doesn’t play a role, but rather that they don’t view Procurement as playing a critical role beyond cutting costs and finding suppliers.

Procurement Analytics 50

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 50