Precoro

DECEMBER 11, 2023

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Often, the purpose of sourcing is simply for companies to find the supplier or vendor that offers the best price for the required item. Goals beyond the best purchasing price fall into strategic sourcing.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Logistics Viewpoints

NOVEMBER 8, 2023

The notion of going green is a hot topic as companies and countries look at their overall environmental impact and search for ways to be more sustainable. So, what can companies do to get started on a sustainability journey? Second, companies can compare themselves to other entities in the same market to see how they are performing.

Benchmarking 217

Benchmarking Sustainability Optimal Sourcing Sourcing Strategies 217

Supply Chain Shaman

JANUARY 2, 2024

All four of these companies were selected as winners of the Gartner Top 25 award, yet all four underperform on growth and no company is driving improvement at the intersection of operating margin and inventory turns. Collectively, these companies are not resilient. This is despite investment in people and technology.

Gartner 275

Gartner Supply Chain Planning Software Supply Chain Design Software Case Study 275

ToolsGroup

FEBRUARY 19, 2019

Is the latest technology enabling some mid-market companies to leapfrog supply chain planning (SCP) stages of maturity? Publicly, analysts are still cautioning mid-market companies not to aim too high. Here are some of their comments: “ Even less mature companies are focused on the automation of decision making. A few examples.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Scenario Planning 136

Supply Chain Shaman

JUNE 7, 2021

I wanted to help companies drive step-changes in performance. My argument centered on the observation that as new technologies evolved, companies did a lift and shift. Companies want a definitive Return on Investment (ROI), limiting the opportunity to test and learn with new technologies. The approach was not as profitable.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Shaman

AUGUST 12, 2020

The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Putting all companies in a spreadsheet and shaking them up made no sense to me. Over 95% of companies are not good at driving trade-offs. The result?

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Shaman

OCTOBER 16, 2023

For most companies, building a great S&OP process is a missed opportunity. Most companies buy decision support technology, but do not redefine work to improve decisions. While many companies focus on demand error, my caution is that this does not drive results. I write this post as a guide. What Does Good Look Like?

S&OP 321

S&OP Supply and Demand Forecasting Supply Chain Design Software 321

ToolsGroup

MAY 11, 2022

While most companies started 2022 with a positive business outlook, they remain extremely concerned about external factors that have impacted supply chain planning strategies in the last two years. The percentage of companies that are not pursuing a digital transformation strategy at all is, at 7%, the lowest we have measured so far.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

Supply Chain Shaman

NOVEMBER 15, 2023

The lack of interoperability between decision support platforms is a problem for companies attempting to improve decisions from the channel to supplier bi-directionally through technology. FactSet reports that 66% of companies in Q3 2023 beat revenue guidance. The question is, how can a company not meet guidance?

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Supply Chain Shaman

JUNE 19, 2018

It is now our fifth year of analyzing balance sheets to understand which companies are outperforming their peer groups on the metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC) while driving improvement. We group companies by industry sector because the industries are so different in performance.

Gartner 203

Gartner Supply Chain Design Software Supply Chain Design Supply Chain Strategy 203

ShipBob

JANUARY 6, 2023

You’ll also get a quick comparison of the top providers to make your search easier. This mainly includes ecommerce businesses, manufacturing companies , retail distributors , wholesale businesses , retailers, and third-party logistics providers. Quick rate comparison. Quick rate comparison. Pros and cons of using a TMS.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimization Software Supply Chain Network Software Forecasting Software 52

Supply Chain Shaman

MARCH 27, 2023

Definitions: Oxymoron: The combination of contradictory or incongruous words (such as cruel kindness) Juxtaposition: The act of placing words or concepts close together or side by side, for comparison or contrast. What makes the company believe that they are best practices? ” Today only 7% of manufacturers are innovators.

Supply Chain Planning Software 308

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Design Software 308

GlobalTranz

AUGUST 17, 2015

The business landscape is ever changing, numerous innovations have allowed companies to transcend borders and become global entities. While the opportunities are numerous so are the challenges; in this fiercely competitive global marketplace success requires companies to pay closer attention to supplier relations. trillion US dollars.

Sourcing Strategies 120

Sourcing Strategies Price Reduction Vendor Strategies Cost Reduction Strategies 120

DELMIA Quintiq

APRIL 11, 2014

At the same time, executives of the industrial company wanted to raise planning quality. The company decided on Quintiq’s planning solution. Using Quintiq here ensured a significant improvement in comparison with the planning tool used previously. Intelligent planning and optimization.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Manufacturing 120

Supply Chain Shaman

JUNE 21, 2023

While companies talk digital, the projects follow traditional supply-centric paths. The Gartner analysis is biased toward companies within the Gartner network. While companies that supply chain leaders believe are top performers– J&J, P&G, and Unilever– do not outperform their peer group. Is this success?

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

Elementum

OCTOBER 3, 2018

Technological solutions are helping many companies keep up and adjust to ever-changing consumer expectations. Transportation companies are now tasked with holding up these safety standards, while finding new and innovative ways to boost efficiency. For comparison, in 2016, diesel fuel prices were just US $2.14 High Fuel Costs.

Freight 68

Freight Company Sourcing Strategies Logistics Network Optimization Software 68

EC Sourcing Group

OCTOBER 20, 2020

Those in the market for RFP software , performing an RFP software comparison is a wise idea, as there are features that may be in one suite or software package that may not be in another. Read on to learn how to perform an RFP software compariso n, and to decide which type of software may be best for your company. Gather the team.

Comparison 52

Comparison Procurement Solutions Analytics Software Software 52

Logistics Viewpoints

FEBRUARY 16, 2023

Companies are often focused on the processes currently in place and forget to think about their strategy in the long term. It helps the comparison of the different options but also helps setting the company’s priorities. A clear vision of the target is key to a successful implementation. To read the full article, click HERE.

Price Reduction 143

Price Reduction Optimization Software Demand Planning Software Cost Reduction Strategies 143

Logility

JUNE 23, 2023

In webinar, 3 Ways to Pivot Faster with Multi-Horizon Integrated Business Planning , Logility supply chain experts share their thoughts: “The problem companies face is not having their systems or processes integrated to manage their data well,” observes Lachelle Buchanan , Vice President of Product Marketing at Logility.

S&OP 199

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 199

Supply Chain Shaman

JULY 22, 2019

No company in the past decade achieved the promised economy of scale. Companies performing the best have three characteristics: Business Model Innovation. Smaller, more agile companies outperform the larger and well-known brands in the retail, beverages, food, and pharmaceutical industry sectors. Leadership. Celebrating Success.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Gartner Supply Chain Software 250

Elementum

OCTOBER 3, 2018

Technological solutions are helping many companies keep up and adjust to ever-changing consumer expectations. Transportation companies are now tasked with holding up these safety standards, while finding new and innovative ways to boost efficiency. For comparison, in 2016, diesel fuel prices were just US $2.14 High Fuel Costs.

Freight 60

Freight Company Sourcing Strategies Logistics Network Optimization Software 60

Supply Chain Shaman

SEPTEMBER 10, 2023

At the time, the supply chain teams at Companies like Kraft were more mature in their understanding of supply chain planning than I find today. Companies love engines with a series of over-hyped project implementations. Too few companies stop to answer the questions: Is the solution giving a good plan? I brushed it off.

Supply Chain Planning Software 251

Supply Chain Planning Software Modeling Forecasting Software Supply and Demand 251

Talking Logistics

SEPTEMBER 8, 2015

Each company strives to get the best margins possible while keeping prices competitive. Today’s consumer-controlled omni-channel shopping experience may offer consumer goods companies an unexpected alternative. Why omni-channel can help consumer goods companies. It’s always been a power struggle.

Consumer Goods 100

Consumer Goods Supply Chain Planning Software Company Analytics Software 100

DELMIA Quintiq

DECEMBER 21, 2020

Dashboard with scenario comparison and KPIs for decision making in S&OP. The amount of time spent using these outdated tools is a barrier to the efficiency of planning teams and represents a risk to the quality of the company’s results when they are put into practice. See figure 2.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Supply Chain Planning 296

ToolsGroup

OCTOBER 10, 2023

Using this comparison, it determines the utilization of that fulfillment center. We’re excited to bring you the final entry of our Dynamic Fulfillment 101 blog series next week with a deeper look at how the solution solves for multiple objectives and the benefits real-world companies have achieved! Let’s Chat

Purchasing Skills 156

Purchasing Skills Network Optimization Supply Chain Optimization Price Mitigation Strategies 156

Intelligent Audit

JANUARY 3, 2023

However, despite volume declines, the company exceeded its fiscal Q2 earnings target primarily through “higher yield and cost management actions,” according to FedEx CEO Raj Subramaniam. So, yes, the company will continue to leverage surcharges as a tool to boost revenue. For fiscal Q2 2023 ended Nov.

Price Reduction 98

Price Reduction Cost Reduction Strategies Optimization Software Supply Chain Planning Software 98

BR Williams Supply Chain Management

MAY 22, 2023

Environmental Protection Agency (EPA) program designed to encourage and assist logistics-related companies to reduce transportation-related emissions by promoting energy-reducing programs and equipment. We are proud to be recognized by Smartway for our efforts to safeguard the future of our associates and the greater community.”

Supply Chain Design Software 98

Supply Chain Design Software Warehousing United States Logistics Network Optimization Software 98

EcoVadis

MAY 30, 2018

EcoVadis scored high in all these categories , based the research and advisement of over 45 companies, government agencies, and NGOs. Over 70 percent of our customers are small and medium sized companies, highlighting EcoVadis’ relevancy for addressing the realities of global supply chains. Why enterprise sustainability performance?

Procurement Solutions 40

Procurement Solutions Supply Chain Software Comparison Sustainability 40

Supply Chain View from the Field

DECEMBER 23, 2014

This seems like a simple question, yet most Fortune 500 companies struggle to provide any type of granularity beyond top line spending numbers. What suppliers received the majority of the business, and did they charge an accurate price across all the units in comparison to the requirements in the POs, contracts, and statements of work?

Negotiating Skills 135

Negotiating Skills Purchasing Skills Procurement Analytics Analytics Software 135

ToolsGroup

NOVEMBER 27, 2018

Many companies have already started their 2019 planning and budgeting cycles, so if you are in charge of demand forecasting for your company, it’s about time to thinking about your organization's 2019 goals. Companies are setting next year’s planning targets without a data-driven perspective on what is actually achievable.”.

Forecasting 214

Forecasting Forecasting Software Supply and Demand Modeling 214

Logility

AUGUST 5, 2021

McKinsey & Company research recently revealed that 76% of surveyed consumers experimented with new shopping behaviors during the pandemic primarily because of product availability – an area in which larger competitors have an advantage. And the stakes have never been higher. Yielding Winning Outcomes in a Field of Uncertainty.

S&OP 130

S&OP Supply and Demand Beverage Optimal Sourcing 130

GlobalTranz

FEBRUARY 1, 2019

The ability of a company to guarantee customer happiness lies in effective, efficient fulfillment, and the easiest way to reduce spend revolves around lowering travel time. Why Aren’t More Companies Using Autonomous Mobile Robotics? Why Aren’t More Companies Using Autonomous Mobile Robotics?

Material Savings 234

Material Savings Supply Chain Software Warehousing Demand Planning Software 234

QAD

JANUARY 9, 2024

Unfortunately, that leaves these companies vulnerable to compliance violations. Having said that, no matter how difficult compliance may be, companies must abide by international trade regulations and various laws. Let’s look at how companies can meet the demands of global trade compliance and avoid missteps.

Global 98

Global Supply Chain Software Vendor Strategies Demand Planning Software 98

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Today many companies spend countless hours reviewing contracts to track and review amendments to original documents. Price Lookup and Comparison. RPA can routinely search for pricing data on specified materials and structure this data in a way that makes conducting comparisons easier. Contract Review.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Logistics Viewpoints

NOVEMBER 29, 2022

What is remarkable about this year’s tournament, and sports in general lately, are the learnings that can be applied to industrial companies working through energy transition and sustainability challenges. That changes how companies in that industry can view the impact of their decisions, perhaps reprioritizing strategies.

Sustainability 199

Sustainability Industrial Industry Company 199

Logistics Viewpoints

MAY 8, 2023

In a survey of 54 senior executives, only about one in four believed that the processes of their companies balanced cross-functional trade-offs effectively or facilitated decision making to help the P&L (profit and loss) of the full business.” Research by McKinsey concludes that all too often IBP is an ineffective process. “In

Supply Chain Planning Software 196

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 196

Parade

MARCH 7, 2022

We love to shine a spotlight on transportation and logistics companies that are making waves with new technology, bringing the supply chain into the future, and helping companies meet their goals. About Tai TMS The Huntington Beach, CA-based company was founded in 2005. Even better?

Supply Chain Design Software 148

Supply Chain Design Software Modeling Software Optimization Software Logistics Network Optimization Software 148