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5 Reasons Why You Need Procurement Planning Software

New Horizon Supply Chain Blog

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

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Supply Chain Matters This Week in Supply Chain Tech- March 5 2022 Edition

Supply Chain Matters

Founded in 2014, this Boston based robotics technology firm leverages capabilities that are described as mimicking human hand-eye coordination, leveraging machine-learning to a vision system on a gripper and allowing mechanical fingers to bend and twist around objects to perform piece-picking tasks.

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Supply Chain Matters This Week in Supply Chain Tech December 13 2022 Edition

Supply Chain Matters

Updates included in this edition include: Coupa Software Entering Definitive Agreement to be Acquired. Coupa Software Enters Definitive Agreement to be Acquired. Supply Chain Matters readers may recall that Coupa Software acquired supply chain design and analytics technology provider Llamasoft for a purchase price of approximately $1.5

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Why Use Purchase Orders (POs) in Your Bookkeeping?

SCMDOJO

And that’s no other than a purchase order. It’s hard to ignore how important Purchase Orders (POs) are to growing retail businesses. Boston Consulting Group estimates that by using a PO, a company can reduce costs by 10% and at the same time cut the time spent by up to 30%. What Is a Purchase Order? Purchase order number.

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Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

What do the Germany World Cup Team and the Boston Red Sox have in common? 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. Fast and effective roll out.

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

For instance, there’s more likely to be a steady demand for flip flops in Santa Monica year-round than in Boston (unless you’re one of those New Englanders that just doesn’t care). These solutions use adaptive machine learning engines that process data rapidly, pinpoint demand patterns, and adapt to changeable trends quickly.

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Who Should Be In The Winner’s Circle?

Supply Chain Shaman

On a cold Boston winter day, I slipped into my seat on a back row in a packed conference room at AMR Research. When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. The AMR Research Top 25 was a rocket ship taking off the launch pad. The reason? Comparison of Methodologies.

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