Precoro

MARCH 27, 2025

Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. 

Cost Reduction Strategies 45

Cost Reduction Strategies Expense Reduction Price Reduction Vendor Strategies 45

crisp

OCTOBER 21, 2024

Retailers’ investments in AI to realize this value have led to two key developments: consumer technology that personalizes shopping experiences and drives purchase behavior; and new, more robust data infrastructure and reporting solutions to drive supplier success.

Procurement Analytics 40

Procurement Analytics Analytics Software Predictive Analytics Analytics 40

Precoro

MAY 13, 2025

Types of cost efficiency metrics Here are five main types of cost efficiency metrics: Cost per unit : Total cost divided by units produced (e.g., cost per product or service). Return on Investment (ROI) : (Gain from investment - Cost of investment) / Cost of investment, expressed as a percentage.

Sourcing Strategies 45

Sourcing Strategies Cost Reduction Strategies Purchasing Skills Negotiating Skills 45

Locus

JUNE 10, 2025

Customers often report double-digit reductions in delivery costs and significant boosts in on-time performance, thanks to Locus’s ability to balance constraints, forecast accurately, and self-correct when needed. Book a Demo 2. Complexity: OptimoRoute is packed with features, but that depth can come at a cost.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 52

ThroughPut

MAY 20, 2025

In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders. Prescriptive Analytics for Inventory Optimization: Finally, AI-based forecasting not only identifies incidents or problems—it also recommends actions.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Prescriptive Analytics Software Supply Chain Planning Software 52

Precoro

JULY 1, 2025

According to Deloitte’s 2025 Global Chief Procurement Officer (CPO) survey , 41% of CPOs are actively renegotiating with existing vendors to deal with volume volatility and price hikes. Effective vendor collaboration isn’t built on iron-clad contract terms and purchase order s.

Negotiating Skills 45

Negotiating Skills Vendor Strategies Purchasing Skills Negotiate Pricing 45

ShipBob

MARCH 3, 2025

Inventory Planner Inventory Planner helps you optimize your inventory purchasing operations with accurate forecasting and replenishment recommendations. Its Open-to-Buy (OTB) planning feature helps you plan your cash flow and inventory purchases according to your purchasing budget. Inventory management integrations 4.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Forecasting Software 52

ShipBob

MARCH 3, 2025

Inventory Planner Inventory Planner helps you optimize your inventory purchasing operations with accurate forecasting and replenishment recommendations. Its Open-to-Buy (OTB) planning feature helps you plan your cash flow and inventory purchases according to your purchasing budget. Inventory management integrations 4.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Forecasting Software 52

Precoro

JUNE 2, 2025

Financial forecasting has gone from a 'nice-to-have' to a must-have for procurement and financial planning teams. Forecasting involves analyzing revenue reports, sales data, cash flow, and expense statements. Some of these elements mirror the ones you’ll find in a regular procurement or cost management process.

Forecasting 45

Forecasting Forecasting Software Expense Reduction Procurement Solutions 45

crisp

MAY 21, 2025

In a Deloitte survey of retail professionals , 60% reported that AI tools improved their ability to forecast demand and manage inventory in 2024. Large language model (LLM) analytics solutions allow users to query historical and real-time data using natural language (NLP), delivering instant insights down to the SKU and store level.

Inventory Reduction 40

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Supply Chain Strategy 40

crisp

JANUARY 13, 2025

It’s one example of collaborative commerce, made possible by shared data insights that enhance analytical purview. Youre buttoned up with clean reporting Clean reporting and accurate data are fundamental to effective collaboration and establishing trust between supplier and partner.

Waste Reduction 40

Waste Reduction Price Reduction Inventory Reduction Cost Reduction Strategies 40

Supply Chain Digest

JULY 1, 2025

Eurasian Rail Freight: Demand for rail freight between Asia and Europe has surged, leading to congestion and longer booking times. Organizations should trial rail options where feasible, weighing higher costs against faster transit. Contingency planning for alternative ports is essential.

Gartner 41

Gartner Supply Chain Planning Software Supply Chain Design Software Iran 41

EFT

MAY 19, 2025

Container ship owners swamped as US-China trade detente revives demand Container ship bookings for China-to-U.S. China to US ocean cargo bookings surge after tariff pause, Vizion says U.S. The need to know from Reuters’ global network of journalists Retailers rush to save US summer shopping season U.S. has hired FedEx (FDX.N)

Price Reduction 101

Price Reduction Material Savings Cost Reduction Strategies Expense Reduction 101

Supply Chain Digest

JULY 2, 2025

Another manager in the computers and electrics sector stated that: “Tariffs continue to cause confusion and uncertainty for long-term procurement decisions. reported in May (above 50 = rising prices), so prices rose again but at a somewhat smaller rate). meaning order books are declining on average. a little up from 48.5

Manufacturing Procurement 41

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 41

Supply Chain Game Changer

JUNE 16, 2025

Regardless of whether or not your state requires businesses to issue them, receipts are the most viable proof of purchase. According to the IRS, along with other pertinent documents, receipts support your purchases and filing for deductions in tax returns. The post Balancing the Books: Best Practices in Small Business Tax Preparation!

Expense Reduction 59

Expense Reduction Manufacturing Procurement Procurement Analytics Waste Reduction 59

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. Error is error, but is it the most important metric? My answer is no.

Procurement Analytics 393

Procurement Analytics Optimal Sourcing Metrics Supply Chain Planning Software 393

Supply Chain Opz

MARCH 31, 2015

What are the essential purchasing books you should read? In this article, we will uncover the best purchasing books to help you get the edge over competition. Now companies of all sizes realize how purchasing can help creating competitive advantage. Of course, this metric will not be used in isolation.

Procurement Analytics 277

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Negotiating Skills 277

Supply Chain Shaman

NOVEMBER 28, 2016

Over the period of 2009-2015, only 88% of companies made improvement on the Supply Chain Metrics That Matter. (As As a group, these metrics have the highest correlation to market capitalization. As a group, public companies want to make progress to both drive and sustain metrics performance, but they cannot. Improvement.

Supply Chain Design Software 370

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 370

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. Writing a book is a labor of love. It is my second book. To give readers a sneak peek for the book, here I share my interview with Peter. .” Supply Chain Leader. I am behind.

Procurement Analytics 279

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 279

Kinaxis

DECEMBER 3, 2014

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Imagine that your child brings home their report card and it’s a mix of good and fair grades. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric.

Expense Reduction 247

Expense Reduction Procurement Analytics Cost Reduction Strategies Supply Chain Planning Software 247

Supply Chain Opz

OCTOBER 27, 2013

This article will show you 10 amazing SCM books that provide the information you can really use. Background Early this year, I published one article named " 10 Greatest Supply Chain Management Books of All Time ". However, they asked further, "What are some good new books you recommend?".

SCM 246

SCM Procurement Analytics Agile and Lean Supply Chain Chad 246

Supply Chain Shaman

FEBRUARY 18, 2021

Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models. Instead, rethink the model and the approach. Out of desperation, they turned to the use of descriptive analytics. Next Steps.

Supply Chain Planning Software 356

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 356

Supply Chain Shaman

DECEMBER 15, 2022

In my research, I find that the lack of alignment has a direct impact to value (operating margin and market price to book value). In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations. Functional Metrics.

Manufacturing Procurement 397

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 397

Supply Chain Opz

NOVEMBER 12, 2016

Supply chain management books that are praised by supply chain executives, consultants and supply chain management professionals at all levels. In order to facilitate smooth learning process, this article will show you 10 greatest supply chain management books that can help you accelerate the learning.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

Supply Chain Shaman

JUNE 3, 2013

In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The widely-held view was that the e-procurement market would fuel the next generation of marketplace applications. The rebirth of marketplace offerings is not on the back of e-procurement or ERP. The debates were heated.

Supply Chain Design Software 322

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 322

Supply Chain Shaman

APRIL 1, 2015

I am speaking this morning at the Terra Technology conference and doing a book signing of my new book, Supply Chain Metrics That Matter. In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. It will delay my report. It is morning in Orlando. What do I see?

Supply Chain Design Software 340

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 340

Supply Chain Shaman

JANUARY 11, 2016

I manage a team at Supply Chain Insights and actively publish using an Open Content research model. This Tuesday we will publish our 87th report, and our 167th podcast, in our 36th newsletter. The purchase of supply chain solutions remains a complex sale with increased power by Line of Business Leaders.

Supply Chain Planning Software 231

Supply Chain Planning Software Modeling Software Demand Planning Software Supply Chain Network Software 231

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. It was also the preference of the consulting partners because the projects were longer, more costly and better aligned with the consulting model.

Supply Chain Planning Software 379

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 379

Supply Chain Shaman

DECEMBER 23, 2014

The proliferation of the business models is exciting. It was great to see click and pay on the London tube, and I love some of the new models that are being developed in grocery and specialty stores for purchases on-line and pick-up at the stores. The book is the end of three years of research and nine months of writing.

Packaging 333

Packaging Inventory Reduction Supply Chain Design Software San Francisco 333

Supply Chain Shaman

JULY 29, 2013

” When I first started working on the book Bricks Matter , I believed it too. Which supply chain metrics correlate to market capitalization by Morningstar sector? In 2012, supply chain process evolution was thirty years old, and I wanted to use the book, Bricks Matter, as a litmus test to tell the story of success.

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 350

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports.

Inventory Reduction 413

Inventory Reduction Supply Chain Design Software Inventory Management Software Supply Chain Planning Software 413

Supply Chain Shaman

JUNE 14, 2014

When I wrote the book Bricks Matter , I cavalierly penned a chapter on the evolution of supply chain thinking from cost to value. I found this out the hard way when Keith Harrison , contributor to the Forward of the book, asked me to define what I meant by ”value.” E2open last week announced the purchase of Serus.

Manufacturing Procurement 345

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 345

GlobalTranz

DECEMBER 30, 2014

Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible? To add insult to injury, they also rarely have reporting mechanisms to properly monitor those expenses.

Logistics Network Optimization Software 306

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 306

Supply Chain Shaman

SEPTEMBER 3, 2015

Cycle stock is the management of stock required to cycle through production runs and procurement buys effectively. More and more companies purchasing inventory technologies, but failing to give planners time to plan. She is trying to redefine the industry analyst model to make it friendlier and more useful for supply chain leaders.

Waste Reduction 379

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 379

Supply Chain Shaman

APRIL 15, 2015

This week, I am finishing two reports: Sales and Operations Planning, and Inventory Optimization. These two reports will make all the vendors in the industry angry. She is trying to redefine the industry analyst model to make it friendlier and more useful for supply chain leaders. An old analyst, like me, has scars.

Supply Chain Planning Software 385

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 385

Supply Chain Shaman

DECEMBER 18, 2014

In contrast, the demand organization that I am advocating is an analytics group that crosses over sales and marketing into supply. 2) Invest in New Forms of Analytics. Invest in technologies like demand signal repositories, demand sensing analytics and cognitive learning. They are sensing and shaping channel behavior.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

Talking Logistics

NOVEMBER 10, 2014

Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process. Time Slot Booking/Optimization (aka “Dock Appointment Scheduling”) Delivers Cost and Productivity Savings.

Optimal Sourcing 207

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 207