blog-category spend-optimization 
Logistics Viewpoints
APRIL 6, 2023
Traditionally what we typically refer to as indirect goods are mostly in Category 4. However, there are likely to be indirect goods that fall within Category 1 and Category 2 as well. What we categorize as “direct goods” can also fall within all the four categories but the biggest area of direct goods spend is within Category 1.
ivalua
FEBRUARY 10, 2023
S2P and Mitigating Effects of Inflation One way of mitigating these effects is through S2P solutions – providing visibility into a company’s spend data across all categories of spend and help identify opportunities for cost savings through better supplier management techniques.
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Logistics Viewpoints
DECEMBER 15, 2022
This blog will review how category managers and supply planners can use cluster analysis to make smarter decisions and grow sales. Let’s look at the four most common ways cluster analysis is used for category management and supply chain planning decisions. The retail industry is rich with data. Happy clustering! and Europe.
Supply Chain Shaman
JANUARY 2, 2023
This blog post started a series of telephone calls. In this blog, I try to answer both questions. This blog post may seem a bit basic for some. In implementing planning, most of the focus in purchasing technology in the sales cycle is on optimization. Definition. Merriam-Webster. Bear with me. Models Matter.
EC Sourcing Group
MAY 17, 2023
Spend classification can often go unnoticed, despite its critical influence over successful procurement strategy. Accurate classification of products, services, and suppliers forms the foundation for improved decision-making, cost optimization, and enhanced supply chain management.
crisp
MARCH 23, 2023
Account Executive for Enterprise Partnerships Kyle Volenik (formerly of SPINS) outlines how companies are leveraging Crisp’s daily data to eliminate out-of-stocks, understand sales performance, and optimize trade spend like never before. Category data – Category data consists of sales data at the category level (ex.
ToolsGroup
OCTOBER 20, 2020
Optimize. /??pt?m??z/. Equally mystifying to people is the concept of inventory optimization. I urge you to read one of our most popular blogs “ What’s wrong with ABC inventory classification ” for a detailed explanation of why this process, conceived in the 1960s, has had its day. A better way: Inventory mix optimization.
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