Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Supply Chain Shaman

JUNE 1, 2022

Over the last decade, the organization grew larger and more political in the journey from regional to global supply chain structures. I work with a group that has a sub-team focused on cost, one on customer service, and one on inventory, but lack alignment on a standard definition of supply chain excellence.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Scenario Planning 195

My Office Apps

JULY 28, 2022

The Importance of ERP Inventory Management. Depending on the type of business you operate, if a comprehensive system is needed to manage all aspects of your inventory then an ERP inventory management or warehouse management system is a top priority. ERP Inventory Management. Kechie Inventory Management.

Inventory Management Software 52

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

My Office Apps

JULY 28, 2022

The Importance of ERP in Inventory Management. Depending on the type of business you operate, if a comprehensive system is needed to manage all aspects of your inventory then an ERP robust inventory management or warehouse management system is a top priority. Inventory Management. Kechie Inventory Management.

Inventory Management Software 52

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

Precoro

MAY 22, 2023

In today’s fast-paced corporate world, it's difficult to overstate the significant role that technology plays in the success of many organizations. Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Supply Chain Shaman

DECEMBER 28, 2020

When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away.

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

My Office Apps

AUGUST 22, 2022

The Right Warehouse Management Software for Today. Having the right systems in place especially for warehouse inventory management is more crucial than ever before. One of the most important aspects being warehouse management software. How Beneficial Is your Current WMS? Items currently in production.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Procurement Solutions Optimization Software 52

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

Logility

APRIL 2, 2020

Supplier scorecards are globally accepted as a key tool for managing a more profitable supply chain. A good scorecard helps identify which vendors deliver the best value, explains the drivers of performance, and is a preferred collaboration tool for improving supplier relationships. Strengthening a negotiating position.

Negotiating Skills 157

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 157

EC Sourcing Group

JUNE 8, 2021

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Procurement Sourcing Solutions : What Is Procurement Management?

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Analytics Sourcing Strategies 52

Taulia

MARCH 2, 2023

The tumultuousness of the modern macroeconomic and geopolitical environment exposes companies to various supply chain risks. Monetary inflation, rising commodity prices, economic turmoil, and fluctuations in demand all have the potential to put a strain on global supply chains. What is supply chain strategy?

Negotiating Skills 52

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. In many cases, new companies start with simple sourcing to get the procurement process rolling.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Hybrent

MARCH 6, 2019

Healthcare supply chain management software has the potential to improve efficiency and delivery cost savings. It contains a wealth of information about vendors, and it digitizes and automates many processes that are still analog and manual in nature. Electronic Procurement. Inventory Management.

Supply Chain Software 40

Supply Chain Software Inventory Management Software Optimization Software Procurement Solutions 40

GlobalTranz

APRIL 25, 2016

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Isn’t time important?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Supply Chain Shaman

NOVEMBER 21, 2018

In the 1990s supply chain planning was over-hyped. Then it was a new and promising technology category. As a result, software sales slowed. The growth of the supply chain planning technology market disappointed investors resulting in consolidation and the decline of best-of-breed solutions.

Supply Chain Planning Software 199

Supply Chain Planning Software Forecasting Software Supply Chain Planning Demand Planning Software 199

Hybrent

MARCH 6, 2019

Hospital supply chain management software has the potential to improve efficiency and delivery cost savings. It contains a wealth of information about vendors, and it digitizes and automates many processes that are still analog and manual in nature. Electronic Procurement. Inventory Management.

Supply Chain Software 40

Supply Chain Software Inventory Management Software Optimization Software Procurement Solutions 40

Hybrent

MARCH 6, 2019

Technology can overhaul the way you track, order and organize your medical supply inventory. If you are still managing your supplies by hand, there are so many benefits to gain from going digital. Here are four ways technology can improve your medical supply chain management: Supply Chain Software.

Supply Chain Software 40

Supply Chain Software Analytics Software Inventory Management Software Supply Chain Network Software 40

American Global Logistics

JULY 14, 2023

Gain Competitive Advantage by Understanding the Economic Aspects of Supply Chains Supply chains play a crucial role in driving economic growth and prosperity. According to the Council of Supply Chain Management Professionals (CSCMP) the cost of U.S. All these help mitigate disruptions to supply chains.

North Carolina 52

North Carolina Supply Chain Software Modeling Procurement Analytics 52

Supply Chain Shaman

JUNE 14, 2018

Here I make the argument for change and close with insights on two best of breed technologies to consider to augment direct material processes. Today, the management of the supply chain is harder. Supply chain management is more complex. Days of Inventory by Industry Across Years. The Driver for Change.

Optimal Sourcing 171

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 171

Supply Chain Shaman

SEPTEMBER 17, 2014

Last week was the Supply Chain Insights Global Summit. 110 supply chain leaders attended. In preparation for the summit, we readied the final report of the work on translating balance sheet results into a methodology to judge Supply Chain Excellence. A big bang technology focus has not worked.

Optimal Sourcing 305

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 305

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. Nevertheless, measuring supply chain performance is critical for a manufacturing concern.

Manufacturing Procurement 86

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 86

Precoro

SEPTEMBER 4, 2023

By learning how to calculate it and change it to their advantage, companies can accelerate cash inflow and free up money that would otherwise be tied up in inventory. The cash conversion cycle is represented as a period of time that indicates how long it takes a business to turn its investments in inventory into money from customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Supply Chain Shaman

OCTOBER 8, 2019

After the Supply Chain Insights Global Summit , I took the time to recharge and took a month off from writing. The presentations from the Summit are posted now on the Supply Chain Insights You Tube Channel. The focus is on the role of supply chain finance in driving supply chain excellence.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Supply Chain Shaman

JUNE 15, 2015

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. The reasons are numerous. The gap has grown.

Supply Chain Planning Software 150

Supply Chain Planning Software SAP Supply Chain Planning Supply Chain Software 150

Supply Chain Matters

JUNE 14, 2022

The Supply Chain Matters blog highlights two additional May 2022 indicators of supply chain volatility as well as logistics services trending. In an update published earlier this month, we highlighted various quantitative data related to global and regional supply chain PMI indices for May.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 52

Supply Chain Shaman

JUNE 15, 2015

High-tech manufacturers in the Silicon Valley of the United States are some of the best at supply chain planning. With changing product profiles, short life cycles, constraints with downstream suppliers, and changing markets, being good at supply chain planning matters. The reasons are numerous. The gap has grown.

Supply Chain Planning Software 135

Supply Chain Planning Software SAP Supply Chain Design Software Supply Chain Planning 135

Logility

OCTOBER 6, 2023

For the last decade supply chain leaders and CIO’s have been evaluating when and how to move their supply chain applications to the cloud. Increased visibility – a cloud platform provides real-time visibility into critical supply chain data, such as inventory levels, which can help you make informed decisions.

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

Precoro

JUNE 6, 2022

In 2020, the global Supply Chain Management market was valued at $15.85 Suppliers are placed at the supply chain's beginning and provide goods or services to the companies for further processing. The vendor, however, is at the other end of the supply chain. And is expected to double by 2026.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Supply Chain Game Changer

SEPTEMBER 21, 2022

Subscribe to Supply Chain Game Changer. The Supply Chain industry provides vast employment opportunities, from procurement to warehouse inventory, management, and shipping. Below, you’ll find a comparison between one of the most prominent players and the most lucrative careers in the logistics sector.

Negotiating Skills 96

Negotiating Skills Freight Purchasing Skills Optimal Sourcing 96

Logistics Bureau

MARCH 26, 2018

Can blockchain improve your supply chain? Bitcoin and other cryptocurrencies have been fuelling interest and examples are multiplying of blockchain being used for supply chain. It’s a business level discussion about choices to be made in implementing the technology to properly support your supply chain operations.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Modeling Software 48

Requis

MARCH 10, 2020

Based on a number of sources, we estimate that the Global 2000 spends around $12T annually on procurement of new assets. And we don’t have to invent new technologies or overhaul any infrastructure. It’s not a big secret that B to B supply chain still relies on siloed systems, spreadsheets, and even paper records.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Sustainability Waste Reduction 52

Intelligent Audit

AUGUST 24, 2022

They put a kink in an otherwise good process to cause problems within the supply chain and affect business operations as a whole. Technology can help. It facilitates this benefit in numerous ways, including by streamlining: Spend optimization Demand forecasting Demand accuracy Inventory optimization Procurement responses.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Negotiating Skills Supply Chain Planning Software 52

Supply Chain Network

MARCH 2, 2012

Acquisitions of Emptoris and Demandtec expanded sourcing and pricing portfolios while the new version of IBM ILOG LogicNet Plus XE further enhances supply chain network capabilities. These actions move IBM closer to achieving the technology requirements to support matrix commerce. Relevant use cases by customer type.

Optimal Sourcing 79

Optimal Sourcing Modeling Negotiating Skills Manufacturing Procurement 79

ThroughPut

APRIL 21, 2022

Yet, despite all the technological advancements that have taken place over the past decade on the manufacturing side, S&OP continues to be dominated by ineffective, dated, manual practices in many organizations. Truth: It is a widespread belief that spreadsheets are the best tool for S&OP.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning S&OP Modeling 52

Logistics Viewpoints

MARCH 17, 2022

When my fiance heard about the price, he advised that I find a local hairdresser and set up a frequent-shopper account with them for a few months until the tool is back in stock. When the pandemic started in 2020, no one could foresee the impacts of the global supply chain disturbances would last this long.

Supply Chain Planning Software 276

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 276