Enterra Insights

AUGUST 15, 2023

Big Data Analytics and AI are at the forefront of this technological revolution, offering unprecedented opportunities for retailer agencies and agents to optimize their operations and enhance customer experience.”[1] In doing so, it appears they are not so crazy. Improving Customer Experience. .”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Supply Chain Game Changer

JANUARY 21, 2021

Featuring Our 12 Best Procurement Articles! Procurement drowning in data article and permission to publish here provided by Sam Jenks at kodiakrating.com. At the same time, the global availability of information & data has grown at 4x the speed of global trade ( hbr.org 2019 ). Is Procurement drowning in data?

Optimal Sourcing 85

Optimal Sourcing Procurement Data Supply Chain Planning Software 85

HICX Solutions

SEPTEMBER 9, 2021

His expertise is wide-ranging, from supply chain logistics, procurement analytics, and marketing through to innovation. Within this scope, Dave discussed with us trends in blockchain , big data, AI, drones, machine learning, and 3D printing. Make sure you pass it back into the business so that data is cleansed.

Analytics Software 94

Analytics Software Optimal Sourcing Analytics Procurement 94

Logistics Viewpoints

FEBRUARY 14, 2024

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM). With the continued challenges facing supply chains, that is no surprise.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 246

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Supply Chain Game Changer

SEPTEMBER 9, 2020

Digital Procurement article and permission to publish here provided by Katherine Barrios of xeneta.com. The Hackett Group has recently released their analysis of their procurement benchmarking database. It demonstrates the advantages of working with a digital procurement strategy. Important Digital Procurement Trends.

Optimal Sourcing 58

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Procurement 58

EC Sourcing Group

NOVEMBER 24, 2020

Using software in procurement management is an excellent way to help maximize proficiency and streamline your operations so that you not only increase production, you build better relationships with your suppliers, increase collaboration within your organization, and improve the entire supply chain process.

Analytics Software 52

Analytics Software Optimal Sourcing Supply Chain Software Procurement 52

AFFLINK

MARCH 20, 2017

You can’t open a major tech news site these days without encountering the words “big data.” What is Big Data? The easy question first: what is big data? As explained by a recent IBM report, “Big data is being generated by everything around us at all times. How Can Big Data be Used?

Optimal Sourcing 54

Optimal Sourcing Big Data Supply Chain Optimization Modeling 54

NC State SCRC

SEPTEMBER 23, 2016

Cognitive systems have the potential to help procurement executives make better decisions, bring to bear the expertise of the most experienced individuals to other parts of the organization, discover new insights, and prove th quality, consistency, and compliance around sourcing processes.

Optimal Sourcing 40

Optimal Sourcing Big Data Procurement Analytics Procurement Solutions 40

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? ” Ouch!

Procurement Analytics 71

Procurement Analytics Procurement Solutions Pricing Training Negotiating Skills 71

Demand Driven Technologies

JANUARY 26, 2024

We were recently approached to tender by a company looking for a forecasting and procurement solution. The tender included all the buzzwords of the moment: AI, big data, and a system that could process millions of planning actions per day (sic). When we talk to this company to understand their context, we quickly realize that.

Supply Chain Transformation 52

Supply Chain Transformation Supply Chain Planning Software Forecasting Supply Chain Planning 52

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

NC State SCRC

SEPTEMBER 14, 2016

The online magazine 1IT Enterprise recently published a special issue on some of the emerging predictions about Big Data in their latest ediction. I provided some of my earlier predictions about procurement and supply chain analytics (pp.

Big Data 40

Big Data Predictive Analytics Data Supply Chain Design 40

Supply Chain Game Changer

NOVEMBER 12, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Check out What Exactly Is Procurement? As we’ve chronicled on the Argentus Blog, it’s no secret that the world of Procurement is changing and fast. Procurement, you’ve come a long way, baby! Procurement Report Card.

Procurement Analytics 54

Procurement Analytics Manufacturing Procurement Optimal Sourcing Procurement 54

NC State SCRC

AUGUST 18, 2022

Artificial intelligence is growing rapidly across many organizational applications, and nowhere is this impact greater than in procurement. Given the recent rapid inflationary pressure and the challenges of significant material shortages in 2022, there is growing pressure on procurement to continue to deliver value, as never before.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

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

Supply Chain Shaman

NOVEMBER 11, 2020

On September 30, the big data company Palantir went public in an initial 22B$ market valuation. I am frequently asked, “Can a big data data science company help to alleviate the current market pain in the supply chain?” Data science is only useful when companies are clear on the question to ask.

Supply Chain Design Software 284

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 284

Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. In a conversation with Everstream’s chief data officer, the executive told this writer that the company was using artificial intelligence (AI) and Big Data to solve this n-tier problem. But I was skeptical.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

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 Predictive Analytics 40

Xeeva

MAY 6, 2019

During our discussion, we chatted about the impact of technology on the future of procurement, and how to prepare for these inevitable changes. XEEVA: As technology is evolving, procurement and supply chain are also evolving at a faster rate. CHARLOTTE: I think the whole role of procurement will change in the future.

Charlotte 66

Charlotte Procurement Supply Chain Planning Software Supply Chain Software 66

The Logistics of Logistics

APRIL 26, 2022

It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. However, freight procurement is changing. In logistics, we talk about strategic freight procurement and the spot market. There is a driver shortage. It is a brutal job.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Freight Logistics Predictive Analytics Software 147

NC State SCRC

JANUARY 11, 2017

These trends are based in large part on the findings of our recent CAPS Study (completed in conjunction with Tom Choi at Arizona State), which is forthcoming in the next few week… Procurement’s shifting focus: Growing strategic value through the use of analytics: https://youtu.be/HNQ07ME87nc. HNQ07ME87nc. HNQ07ME87nc. VrvHi6d0vEE.

Analytics 40

Analytics Conference Procurement Arizona 40

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The cloud also allows access to Big Data, which greatly improves the platform’s ability to do machine learning.

Supply Chain Design Software 202

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 202

NC State SCRC

MARCH 22, 2019

” This session captures the essence of what I believe is wrong with procurement’s relationship with sales. It’s about time that we re-think the sales-procurement relatinship. How has the need for responsive supply chains shifted the role of industrial marketing and procurement?

Negotiate Pricing 56

Negotiate Pricing Procurement Analytics Negotiating Skills Purchasing Skills 56

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Virtual Procurement Agents.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Enterra Insights

APRIL 16, 2024

.” He adds, “If this scenario sounds familiar, you’ve likely fallen victim to the ‘decision abyss’ — the disconnect between engineering and product design, supply chain planning and procurement within organizations that hinders quick, informed decision-making and visibility.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Analytics Software Optimization Software 130

All Things Supply Chain

MAY 16, 2022

Automation has brought a lot of value to industries across the United States in recent years. When used correctly, it can increase output, and allow you to bring customers exactly…

Supply Chain Software 92

Supply Chain Software United States Procurement Supply Chain 92

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

OCTOBER 19, 2016

Editor's Note: This is a blog from our friend Augie Grasis who shows us how big data can work to our advantage with dynamic freight pricing. One of the big buzzwords in many industries is “Big Data.” One example of the utilization of Big Data is dynamic pricing of LTL freight.

Big Data 120

Big Data Price Reduction Freight Data 120

Supply Chain Shaman

JANUARY 31, 2022

The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment. Data Sharing and Procurement. Focus on Cost. Less Collaborative.

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

Procurement Academy

JANUARY 25, 2021

Retail Academy is the newest venture of Procurement, Supply Chain, and Sales Academy. 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. Retail Academy in Conclusion.

Procurement Analytics 98

Procurement Analytics Buyer Training Purchasing Skills Retail 98

AFFLINK

APRIL 6, 2017

Although the final result may not shake out for a year or more, proactive supply chain and procurement management professionals in the field can meet future challenges head on and weather the coming storm by focusing on a few key areas. With the current climate in Washington regarding the healthcare debate, inevitable changes in the U.S.

Optimal Sourcing 48

Optimal Sourcing Predictive Analytics Software Procurement Supply Chain Software 48

Freightos

APRIL 27, 2023

Here are some interesting highlights: Justification Is Key Interestingly enough, one of the most important drivers for market intelligence is justifying procurement decisions or operational decisions to internal stakeholders, like executive teams, or to customers. While this isn’t news to me, the importance it took on was.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

Enterra Insights

DECEMBER 21, 2022

She stated, “We must use big data and digital tools to protect food security and increase climate resilience. New technologies and data generation can transform business practices across the agricultural value chain and address bottlenecks in, productivity, harvesting, market access, finance, and supply chain management.”[1]

Food 130

Food Security Optimization Software Optimal Sourcing 130

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

ProcurePort

JULY 9, 2019

The age of big data is now. According to Forbes, 90% of the data about consumers has been collected in just the last two years. This points out that we, as a society, have only just begun to create large volumes of data. The post Big Data and e-Procurement: How to Leverage Your Data appeared first on ProcurePort Blog.

Big Data 40

Big Data Data Procurement How To 40

Talking Logistics

JULY 30, 2018

Big Data in Logistics. Big Data in Logistics. Transportation Procurement: Still Standing on the Sidelines? Delivery is the Product: Takeaways from Transplace’s Shipper Symposium 2018. 5 Things to Know Before Negotiating Ocean Shipping Contracts This Year. Realities and Misconceptions of 4PL Relationships.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Logistics 100