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How To Implement Predictive Analytics Into Your Company

Logility

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. But your company doesn’t have to be a retail giant to use predictive analytics. But your company doesn’t have to be a retail giant to use predictive analytics.

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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

However, recent disruptions have highlighted the vulnerabilities of these complex networks, resulting in significant financial losses for companies. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.

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Top 5 KPIs for Purchasing Managers

Precoro

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

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What Is PPV? Purchase Price Variance Explained

Precoro

Financial efficiency, cost savings, and profitability undoubtedly fall under the main priorities of upper management, regardless of a company’s industry. However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. Why Is Purchase Price Variance Important?

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Best Logistics Management Software: Everything You Need to Know Before Making a Purchase Decision

ThroughPut

77% of the world’s largest ports are still facing backlogs, and that doesn’t just affect your logistics efficiency and costs, it impacts your entire supply chain and business. That is why logistics management software (LMS) is so much more today than what it used to be. What is Logistics Management Software And How Does It Work ?

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

of revenue on information technology (IT), only six percent of manufacturers drove performance at the intersection of growth and margin. Yes, companies held more inventory (measured in days of inventory) in 2019 than at the start of the 2007 recession. Informational Technology groups reporting to the Chief Financial Officer.

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ToolsGroup Partners with Planalytics to Bring Weather-Driven Analytics to Retail Planning

ToolsGroup

BOSTON, February 16, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has partnered with Planalytics to integrate their weather-driven demand (WDD) analytics with ToolsGroup’s retail planning solutions, enabling customers to isolate, measure, and manage the influence of weather on their businesses.