Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. Purchase Order Management. Price Lookup and Comparison.

Supply Chain Software 246

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

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Is a comparison of COV of channel demand versus orders sufficient? Or a similar comparison of customer orders or planned orders? Or planned orders to purchase orders?) I observed companies use the beer game as an educational tool or a social networking activity.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.

Negotiating Skills 54

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 54

Precoro

MARCH 31, 2025

Think back to the last time your business hit a procurement roadblock. Perhaps it was a mixed-up purchase order or an inaccurate sales order—pricey yet worthwhile lessons. In this guide, we walk you through basic procurement concepts (e.g., What Is a Purchase Order? Purchase Order Function Together?

Procurement Solutions 45

Procurement Solutions Purchasing Skills Optimal Sourcing Price Reduction 45

Exiger Perspectives

MARCH 25, 2025

25, 2025 – Exiger , the market-leading supply chain and third-party risk AI company, is a top-ranked vendor in Spend Matters 2025 SolutionMap and TechMatchSM procurement technology rankings, which include over 100 procurement technology vendors. About SolutionMap SolutionMap launched in 2017 and is published twice annually.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Procurement Analytics Vendor Strategies 52

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Amrest has been using Ivalua ‘the tool’ since 2011 across nine countries, with almost 3000 end-users on the platform. One Tool, Many Challenges.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Amrest has been using Ivalua ‘the tool’ since 2011 across nine countries, with almost 3000 end-users on the platform. One Tool, Many Challenges.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

DELMIA Quintiq

DECEMBER 28, 2020

For the decision making process, the comparison of scenarios in an easy and objective way based on the indicators allows the choice based mainly on a rationalized financial criteria. Dashboard with scenario comparison and KPIs for decision making in S&OP. Here, planning solutions with optimization fit very well with this concept.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

Supply Chain Shaman

OCTOBER 29, 2014

Here are the three questions that I would like people to ask: Table 1: Comparison of Results for Best of Breed Solution Providers to ERP Expansionists in Supply Chain Planning. The first evolution of technologies were built by best-of-breed solution vendors. The implementation of decision support tools needs to be a way of life.

Supply Chain Planning Software 379

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 379

ToolsGroup

MAY 11, 2022

In comparison, respondents were less concerned about internal issues such as shorter product life cycles, risk of obsolescence, or more production options. Our findings reveal increasing investments in software, automation and people.”. Download the complete report: Digital Supply Chain Planning Outlook 2022 ?. “The About ToolsGroup.

Purchasing Skills 295

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

Logility

OCTOBER 6, 2023

Integrations include cloud ERP systems, data warehouse solutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. The comparison comes down to fully understanding the total cost of ownership for on-premises systems.

Supply Chain Planning Software 194

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 194

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. 84% of buyers read the return policy before making an online purchase. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Precoro

MARCH 27, 2025

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.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

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

Logistics Viewpoints

NOVEMBER 25, 2024

In 2017, a strategy consultant was hired to do a top-to-bottom assessment of the Boston University procurement program. Randall Moore was hired as the new chief procurement officer in May. Facilities sourcing and construction contracting were centralized in the procurement department. This is not a purchase made very often. “I

Boston 306

Boston Purchasing Skills Sourcing Strategies Sourcing 306

EC Sourcing Group

DECEMBER 29, 2020

Procurement software covers a lot of bases, and there are many facets to procurement management that could potentially be streamlined and automated if you haven’t done so already. Every procurement and purchasing department is different, and thus, everyone has a different set of needs and standards. Run analytics.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Analytics Software Modeling Software 52

Supply Chain Shaman

JUNE 21, 2023

Table 2: Gartner Top 25 Comparison to Peer Group Results As large manufacturers work the conference circuit in the industry to increase brand awareness for their supply chain efforts, they feed the perception that their stories demonstrate supply chain leadership. Demand latency is the time cycle to translate a channel purchase to an order.)

Gartner 424

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 424

Supply Chain Shaman

FEBRUARY 11, 2019

Note that academics and employees of technology software companies have a statistically significant higher level of job satisfaction. Note the comparison to the larger population. Ask data modelers using supply chain strategy tools to validate policy and refine the outcomes. Selection of a Supply Chain Planning Solution.

Supply Chain Planning Software 207

Supply Chain Planning Software Modeling Software Demand Planning Software Supply and Demand 207

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. Consider using software to automate data integration.

Negotiating Skills 158

Negotiating Skills Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 158

Supply Chain Shaman

JULY 29, 2013

” Or run the statement by any software provider, and they will share that their solutions delivered these “best practices.” Note that the ratios are better than absolute numbers because it helps in the comparison of large and small companies and performance across currencies.) Instead, it is real-time data.

Supply Chain Planning Software 350

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

Logistics Viewpoints

DECEMBER 1, 2022

Container Import Volume Year-over-Year Comparison. The abundance of data in supply chains and logistics operations has made machine learning a well-recognized and powerful tool for putting meaning to that data and making more accurate predictions of outcomes. Figure 1: U.S. Source: Descartes Datamyne. Somewhat nailed it. Let me know.

Predictive Analytics Software 301

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 301

GlobalTranz

NOVEMBER 17, 2016

Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. As explained in a previous blog post, continuous improvement in an organization can be achieved through the use of performance measurement tools via big data. Demand forecasts. The quantity of each product. Demand fluctuations.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Logistics Viewpoints

DECEMBER 15, 2022

ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most. Comparison of these profiles then gives us store clusters with similar demand, and based on these insights, assortment plans can be developed to address the difference.

Optimal Sourcing 264

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 264

Supply Chain Shaman

JUNE 14, 2018

In this series of posts, I am going to make an argument to augment ERP planning with new cloud-based solutions to improve decision-making. While many business leaders believe that Enterprise Resource Planning (ERP) and Advanced Planning Solutions (APS) will be equal to this task, it is not sufficient. How is this impacting reliability?

Optimal Sourcing 191

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 191

Precoro

MAY 22, 2023

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. This article encompasses the best practices for planning and executing successful IT procurement strategies. What is IT procurement?

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Supply Chain Shaman

APRIL 16, 2024

As companies struggled to respond to increasing business complexity—a growing number of products, channels, and markets with regional preferences—few software applications were equal to managing channel complexity. Replatforming Current Planning Solutions. Guess what? Yes, there is a great opportunity, but the question is how to jump.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

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

EazyStock

JUNE 24, 2020

Inventory optimization software is an important piece of the puzzle. Organizations are introducing software to drive efficiency right across their operations – from financial analysis to marketing automation. How Inventory Optimization Software Works. The era of using spreadsheets to run reports and analyze data is over.

Inventory Management Software 98

Inventory Management Software Inventory Management Procurement Solutions Forecasting Software 98

Supply Chain Game Changer

AUGUST 30, 2022

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. The normalization of these various factors will result in some “score” for each factor which, when totalled, will give a summary score allowing for the ranking of suppliers for the purpose of comparison.

Optimal Sourcing 103

Optimal Sourcing Purchasing Skills Manufacturing Procurement Negotiating Skills 103

Logistics Viewpoints

FEBRUARY 25, 2022

FourKites , a provider of real-time transportation visibility solutions, has a big data set around transportation. Interos, a company providing supply chain risk management solutions, did an analysis of likely impacts on the global raw material and commodity supply chains. Graph of Russia War Supply Chain Interdependencies.

Price Reduction 264

Price Reduction Ukraine Russia Logistics Network Optimization Software 264

Logistics Viewpoints

FEBRUARY 16, 2023

The range of solutions vary greatly. Focusing on the purchasing price and not the overall price When comparing a SaaS solution or a solution hosted locally by the provider, one should also take into account the cost of the servers and the time being spent by the IT department to monitor, running the necessary updates, etc.

Price Reduction 162

Price Reduction Optimization Software Demand Planning Software Cost Reduction Strategies 162

Precoro

JANUARY 30, 2023

From raw materials (wood for a furniture factory or vegetables for a restaurant) and finished goods (office or lab supplies) to services (software subscriptions), buyer-vendor relationships are at the core of every business. As a company slowly grows, purchase management becomes more and more complicated.

Procurement Solutions 52

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

Enterra Insights

FEBRUARY 21, 2019

There’s no denying the digital path to purchase is becoming more of a consumer highway than a path. Every day more experts conclude cognitive technologies are fundamental paving stones on the digital path to purchase. ” Cognitive technologies and the personalization of the digital path to purchase.

Procurement Analytics 100

Procurement Analytics Procurement Solutions Supply Chain Planning Software Predictive Analytics Software 100

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. What is procure-to-pay? a driverless car). a driverless car).

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Freightos

JULY 26, 2018

Amazon’s trucking fleet is expanding rapidly; it launched in 2005 with the purchase of thousands of trailers used to shift goods between fulfillment centers. By comparison, that’s almost as large as the15th largest US passenger fleet. There are also a number of positions open on the Flex team, mostly in software and operations roles.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Data Logistics Supply Chain Planning Software 198