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

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

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

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

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

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 Movement

JULY 23, 2013

2013 Trends and Strategies in Logistics and Supply Chain Management: Embracing Global Logistics Complexity to Drive Market Advantage. The key results of this study by BVL International on trends and strategies in logistics and supply chain management are summarized, as follows.

Cost Reduction Strategies 150

Cost Reduction Strategies Material Savings Inventory Reduction Logistics Network Optimization Software 150

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 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

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 Procurement Solutions 40

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

Supply Chain Shaman

FEBRUARY 28, 2021

Procurement Operates On An Island. Business process outsourcing and procurement automation evolved to make the procurement organization more efficient and less effective. Semantic Reasoning Rule automation: connection of customer-centric segmentation to Available-to-Promise and Allocation Strategies. The reason?

Supply Chain Planning Software 363

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 363

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

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

Freightos

APRIL 27, 2023

In other words, data usage follows a cycle in which it becomes an edge…and then quickly becomes table stakes. I’ve heard anecdotes from the past two years of SVPs at multinational companies needing to sign off on spot procurement but the degree of interest executives are now showing is impressive.

Freight 156

Freight Data Prescriptive Analytics Software Negotiating Skills 156

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 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Talking Logistics

JULY 30, 2018

Big Data in Logistics. Protect Your Bottom Line With a Smart Supply Chain Design Strategy. Big Data in Logistics. Transportation Procurement: Still Standing on the Sidelines? Delivery is the Product: Takeaways from Transplace’s Shipper Symposium 2018. Realities and Misconceptions of 4PL Relationships.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Logistics 100

The Logistics & Supply Chain Management Society

JULY 16, 2023

This article explores the concepts of resilience and agility in supply chain management, their link with change, and the strategies employed to navigate the evolving business landscape. These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access.

Agile and Lean Supply Chain 130

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

Enterra Insights

NOVEMBER 16, 2021

Over a decade ago, Cecere wrote, “As we enter the world where data is more available from trading partners, we can navigate across the supply chain into customer’s customers and supplier’s suppliers. Design an Over-Arching Strategy and Building Blocks. Build a multi-year visibility strategy. ” Step 5.

Supply Chain Visibility 130

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 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

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

Enterra Insights

JULY 18, 2023

Transition to adaptive policies that enable NbS across infrastructure engineering, procurement, and construction. ” Private Sector : “Develop water resilient business strategies. Harness the power of technology, including AI and big data, to identify new water growth opportunities.

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Enterra Insights

OCTOBER 26, 2023

”[2] He adds, “Businesses must develop strategies that focus on risk management, agility, and flexibility. ” Michael Corbo , former Chief Supply Chain Officer of Colgate-Palmolive, insists that resilience isn’t created by making one big choice but by making thousands of smart choices. 4] Rashid, op.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 130

Supply Chain Shaman

OCTOBER 19, 2022

Planning outside of lead time in the tactical horizon is essential to manage costs, defining buffers, and sourcing strategies. The gaps in expectations between planning and functional organizations like manufacturing, transportation, and procurement are large and growing. Each planning horizon serves a purpose. The reason?

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies Real-time Visibility 195

Supply Chain Movement

AUGUST 22, 2016

Organiser: Event Strategies. Big Data Analytics, Digital Supply Chain, Internet of Things, Cloud Computing, Advanced Robotics, Machine Learning, 3D Printing, Drones and Self-Guided Vehicles are all being advanced and will have an ever greater impact on the Supply Chain sector. End2End Supply Chain Conference 2016.

Conference 60

Conference Supply Chain Strategy Supply Chain Software Supply Chain 60

GlobalTranz

MAY 25, 2018

The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT. Integrate all supply chain systems, increasing savings in transportation management, procurement and everywhere in between. If you need help with this transition, Veridian is your one-stop shop.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

SCMDOJO

APRIL 4, 2023

Importance of Supply Chain Analytics Five Types of Supply Chain Analytics Benefits of Supply Chain Analytics Challenges in Implementing Supply Chain Analytics Supply Chain Analytics System Architecture Role of Big Data What is Supply Chain Analytics? It is an essential element of supply chain management.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Supply Chain Shaman

MARCH 12, 2019

Most deployments focus on functional excellence–manufacturing, transportation, customer service or procurement. As companies develop mature enterprise visibility capabilities, the focus shifts from integration to data portability between trading partners. Consolidation and investment capital strategies are problematic.

Prescriptive Analytics Software 175

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 175

NC State SCRC

OCTOBER 21, 2016

I had the opportunity to attend a number of exciting events on procurement analytics in the last month. First, I attended a CAPS Research event in RTP on Procurement Analytics, held right down the road at IBM headquarters. Understanding price predictions can help drive contracting and hedging strategies.

Analytics Software 40

Analytics Software Predictive Analytics Software Optimal Sourcing Predictive Analytics 40

ModusLink Corporation

NOVEMBER 16, 2021

If your idea of efficiency is one of these mentioned, your strategy of taking the fastest route is probably not a good idea. First, the sought-after raw materials are procured. These elements include Product Design, Procurement, Production, Logistics, Consumption, Waste management and Supply Chain Technology. Procurement.

Optimal Sourcing 78

Optimal Sourcing Material Savings Sourcing Strategies Manufacturing Procurement 78

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Meanwhile, the use of Big Data will empower new fleets and freight optimization and consolidation measures, and the IoT will provide new insights. New markets are emerging in the global economy daily.

Resource Reduction 205

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 205

Procurement Academy

JANUARY 25, 2021

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. The training will also concentrate on teaching about Omnichannel strategies to boost sales and enhance customer experiences.

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Training 52

Supply Chain Shaman

SEPTEMBER 22, 2021

Similarly, after the conference, I started working with a chemical company to formulate a supply chain strategy. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. Allyson’s presentation was just that.

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

ToolsGroup

OCTOBER 6, 2015

High performing companies build market-driven strategies. Gartner reports that higher-performing supply chains are twice as likely to have a strong SCM/IT strategy, rather than just a series of opportunistic, targeted initiatives. They have a global architecture and strategy to coordinate projects and assets. SCM IT matters.

Supply Chain Planning Software 120

Supply Chain Planning Software Gartner Supply Chain Software Supply Chain Strategy 120

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

GlobalTranz

DECEMBER 27, 2017

We want to make sure that supply chain practitioners, as well as manufacturers, understand how all of these technologies are affecting the entire supply chain, including the supply chain & procurement side of a manufacturing operation. Share This: Read More. [e-Book] Share This: Read More. Share This: Read More.

Supply Chain Software 151

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

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