Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list. This complexity is occurring in many forms.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

QAD

MAY 22, 2025

Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Supply Chain Shaman

OCTOBER 8, 2019

Most budgets are completed in currency at a brand level. The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

Supply Chain View from the Field

OCTOBER 3, 2013

We recently had a senior data analytics professional from a large financial services organization speak in my MBA Supply Chain relationships class. In sourcing, data must be tracked over the entire life of a supplier. And much of the work in analytics relies on what that data looks like, and the quality of the data.

Procurement Analytics 60

Procurement Analytics Analytics Purchasing Skills Data 60

Kinaxis

NOVEMBER 5, 2018

Navigating the latest tariffs, and the resulting ripple effects on currencies along with fluctuations in labor costs make it increasingly difficult for companies managing complex multinational supply chains to make effective sourcing, purchasing and production decisions fast enough to stay competitive.

Research 151

Research Supply Chain Software Supply Chain Planning Software Purchasing Skills 151

Talking Logistics

JULY 22, 2014

Is it data visualization, business intelligence, and analytics, or is it a collaboration tool used to connect your trading partners and suppliers? The answer is not always that clear because supply chain visibility has to take on all of those roles to fill the promise of true insight and near real-time reporting.

Supply Chain Design Software 185

Supply Chain Design Software Supply Chain Planning Software Supply Chain Visibility Real-time Visibility 185

Precoro

JUNE 2, 2025

Financial forecasting has gone from a 'nice-to-have' to a must-have for procurement and financial planning teams. Forecasting involves analyzing revenue reports, sales data, cash flow, and expense statements. Some of these elements mirror the ones you’ll find in a regular procurement or cost management process.

Forecasting 45

Forecasting Forecasting Software Expense Reduction Procurement Solutions 45

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

QAD

OCTOBER 5, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

Unleashed

DECEMBER 6, 2021

We’ve identified 6 important categories that wholesaling features fall under: Inventory management Supply chain Customer orders Warehouse management Data and analytics Key software integrations And within these categories, we give you 17 features to look for – and why they’re important. Inventory management 1.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

QAD

OCTOBER 11, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Procurement Analytics Supply Chain Design Software 98

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. These purchases might be recurring or occasional, some might be planned, and others pop up in response to sudden changes.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Elementum

AUGUST 2, 2022

Welcome to Elementum’s Supply Chain Market Report. We’ll also highlight emerging technologies that we believe can have an outsized impact on global supply chains. The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. Now, the Euro is at $1.02. How did we get here?

Sri Lanka 78

Sri Lanka Supply Chain Planning Software Supply Chain Software Procurement Analytics 78

Supply Chain Game Changer

MARCH 16, 2022

On top of that, there are a few people out there who have been spending millions of dollars on this digital currency already, so it’s important to ask whether all that money was worth it. As the popularity of Bitcoin increases, more and more businesses will want to accept this form of digital currency as payment.

Currency 19

Currency Purchasing Skills Supply Chain Network Software Finland 19

ShipBob

MARCH 3, 2025

Inventory Planner Inventory Planner helps you optimize your inventory purchasing operations with accurate forecasting and replenishment recommendations. Its Open-to-Buy (OTB) planning feature helps you plan your cash flow and inventory purchases according to your purchasing budget. Inventory management integrations 4.

Procurement Solutions 52

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

ShipBob

MARCH 3, 2025

Inventory Planner Inventory Planner helps you optimize your inventory purchasing operations with accurate forecasting and replenishment recommendations. Its Open-to-Buy (OTB) planning feature helps you plan your cash flow and inventory purchases according to your purchasing budget. Inventory management integrations 4.

Procurement Solutions 52

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

Supply Chain Game Changer

JUNE 24, 2021

For getting the final product from its original source to the customer, there is an involvement of different persons, resources, and activities to ensure that the link does not break down and companies are able to fulfill their contractual obligations timely. Inflation and currency depreciation.

Supply Chain Planning Software 109

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 109

QAD

APRIL 5, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, and from shared services to real-time data and flexible data analytics, QAD’s Effective Enterprise Management capabilities ensure that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 98

Precoro

APRIL 14, 2025

How to Protect Yourself From Invoice Scams Where to Report a Scammer? The invoice includes a professional logo, fake contact details, and references to a nonexistent purchase order. The supplier reports nonpayment, prompting the company to investigate the breach and attempt to recover the lost funds.

Supply Chain Design Software 51

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Vendor Strategies 51

QAD

MARCH 30, 2021

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, from shared services to real-time data and flexible data analytics, Effective Enterprise Management ensures that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Optimization Software 96

NC State SCRC

NOVEMBER 2, 2023

Lessons Learned from a Career in Procurement As part of our weekly Supply Chain Leadership, I interviewed Howard Richman, who I am co-authoring a new book with (“Procurement Confidential”). For example, one woman was trading foreign currencies, and took a strong position on Eurodollar.

Procurement Analytics 52

Procurement Analytics Negotiating Skills Manufacturing Procurement Optimal Sourcing 52

Precoro

JUNE 17, 2024

Internal supply chain risks are related to the company's own operations, for example, inefficient purchase order approval workflow or inaccurate budget estimates. Supply chain risk management is one of the top priorities of procurement professionals. Hedge against currency fluctuations. Diversify the sources of financing.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 105

EC Sourcing Group

SEPTEMBER 7, 2021

The broader picture beyond procurement is the supply chain, as procurement (or purchasing) is just one step in the supply chain. . As there are many steps in the supply chain, there are many steps in procurement and procurement management. In this step, you merge the data into one file to run an accurate report.

Analysis 52

Analysis Material Savings Manufacturing Procurement Supply Chain Software 52

SCMDOJO

NOVEMBER 17, 2023

We have Courses like S&OP deployment, Supply Chain Digitalization , , and Negotiation in Procurement. Whether it’s purchasing, procurement, transport, technology, facilities, or other specialized areas, understanding your passion will influence the subsequent steps in this rewarding career path.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Negotiating Skills 98

Unleashed

FEBRUARY 28, 2021

Users can choose a fixed implementation plan or a more consultative approach, and scale up as needed with everything from reporting and analytics, shop floor data capture, HR, payroll and hosting available. Purchasing and supplier management, International Commerce Codes functionality, and advanced shipping. Orchestrate.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98

Supply Chain Game Changer

NOVEMBER 17, 2022

As more and more governments get installed to regulate their currencies, strategic interests in Bitcoin may be the answer to avoiding meddling in financial markets. It is worthwhile for these central players to investigate how crypto-currencies can help them manage specific national interests in global financial policymaking.

Security 69

Security Currency Supply Chain Planning Software China 69

ToolsGroup

MARCH 5, 2019

And while each market can be unique, we found a few repeating themes in our own experience and from sources including Gartner and our customers Procter and Gamble (P&G) and Cipla Medpro. Supply chain planning in emerging markets is different. Here’s what we found: 1.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

Talking Logistics

APRIL 21, 2016

Implementing a comprehensive audit, across all modes, geographies, currencies and languages, can achieve this data set. This often involves modeling, a proof of concept, or other detail supporting ROI estimation. With a solution designed and determined, it’s time to source it.

Optimal Sourcing 100

Optimal Sourcing Transportation Purchasing Skills Supply Chain Design Software 100

EC Sourcing Group

JULY 5, 2022

The process of spend analysis has specific goals of efficiency and saving money by increasing visibility into spend, which can decrease overall procurement costs. is vital to procurement and the supply chain. They can help automate your process and streamline procurement and eSourcing. Some include: Licensed software.

Analysis 52

Analysis Analytics Software Supply Chain Design Software Supply Chain Planning Software 52

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Supply chains are multi-tiered and therefore difficult to manage.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Negotiate Pricing Optimal Sourcing 40

NC State SCRC

JANUARY 27, 2018

But emerging technology is now beginning to create new ways to think about sourcing risk, which in the past has been a very manual, encumbered process. This has caused banks to look at the flow of activities in the “source chain”, which refers to the way that third parties use bank data for different opreations.

Purchasing Skills 40

Purchasing Skills Sourcing Strategies Sourcing Supply Chain Planning Software 40

3rdwave

AUGUST 8, 2019

A global TMS solution provides an automated and systemic way of addressing the challenges that are the reality for most organizations that source globally. Decision Support – a Global TMS provides the infrastructure to aggregate data from transportation network partners, analyze it, and report it in useable formats.

Cost Reduction Strategies 74

Cost Reduction Strategies Inventory Reduction Negotiating Skills Global 74

Talking Logistics

JUNE 5, 2015

This is a very different, customer-centric approach to retail that drives revenue and profitability by capturing sales, fulfilling from multiple inventory sources and delivering a unified cross-channel brand experience to consumers.” Finally, UPS and comScore, Inc. released the fourth UPS Pulse of the Online Shopper™ U.S.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Network Software Modeling Software Optimization Software 100

QAD

AUGUST 3, 2022

Many manufacturers use these systems to automate tasks like accounting and procurement, project management, customer relationship management, risk management, compliance and supply chain operations. They’re designed to handle internationalization issues, like currency, language, alphabet, postal code, accounting rules and more. .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Optimization Software 52

BlueYonder

JANUARY 19, 2018

And up to 75 percent of transactions with retailers will take place without human contact, as new technologies open up new, and formerly undreamed-of, avenues for shopping and purchasing. Data is the New Currency of Retail.

Optimal Sourcing 68

Optimal Sourcing Sourcing Strategies Predictive Analytics Software Supply Chain Software 68