Supply Chain Game Changer

AUGUST 11, 2022

What is Product (or Master) Data Management? Procurement method – you will need to detail how you procure each part in the production process. Providing the procurement method will allow you to plan your requirements and workflows for the production process more efficiently. Subscribe Here! Email Address.

Material Savings 103

Material Savings Manufacturing Procurement Procurement Solutions Supply Chain Design Software 103

The Logistics of Logistics

JULY 7, 2019

Information management systems are transforming the cold chain through: Route optimization. WMS, TMS, documentation. Identify potential hazards / risks – Document every potential risk to food safety. Documentation. The food safety plan is a living document that should be updated on a regular basis.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Logistics Network Optimization Software 100

Logility

OCTOBER 21, 2021

However, by creating a digital thread that maps their entire supply chain and creates chain-of-custody documents, the business can prove compliance with a range of standards. There is a significant risk of corruption in the supply chain, and it includes procurement fraud, corrupt suppliers, and even crooked governments.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

ivalua

DECEMBER 6, 2022

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Procurement as end-to-end process owner .

Optimal Sourcing 130

Optimal Sourcing Pricing Training Optimization Software Procurement Solutions 130

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 97

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 97

HICX Solutions

JANUARY 29, 2020

Many of these supplier activities will relate to ‘soft’ costs that, when improved through effective supplier information management, can be reduced thanks to better processes and greater productivity. Examples of activities that can be made more efficient and less time-consuming include: Looking for missing supplier documents.

Material Savings 52

Material Savings Cost Reduction Strategies Resource Reduction Optimal Sourcing 52

HICX Solutions

SEPTEMBER 23, 2020

Taken together, it becomes obvious that supplier data, or rather poor supplier data, is going to drive a significant proportion, if not the highest share, of hidden data cost. In spite of this, it is frequently not prioritized as highly as other data in the enterprise.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

Precoro

NOVEMBER 27, 2023

Moreover, with procurement software, it’s also possible to track supplies and approve new purchases anytime, anywhere. Another example is the automated extraction of patient information from identification cards or insurance documents, which speeds up the registration process.

Procurement Solutions 59

Procurement Solutions Prescriptive Analytics Software Analytics Software Optimization Software 59

HICX Solutions

SEPTEMBER 23, 2020

Taken together, it becomes obvious that supplier data, or rather poor supplier data, is going to drive a significant proportion, if not the highest share, of hidden data cost. In spite of this, it is frequently not prioritized as highly as other data in the enterprise.

Cost Reduction Strategies 52

Cost Reduction Strategies Purchasing Skills Data Eliminating Excel in Purchasing 52

HICX Solutions

APRIL 16, 2021

Multidomain MDM and single domain MDM are two major approaches to Master Data Management (MDM), which are evaluated in this article. Master Data Management itself is a vital part of digital transformation and therefore remains a key consideration on the strategic roadmap within enterprises. McGraw Hill, 2007.

Analytics Software 95

Analytics Software Forecasting Software Predictive Analytics Software Optimization Software 95

Precoro

FEBRUARY 27, 2023

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. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

HICX Solutions

APRIL 16, 2021

Multidomain MDM and single domain MDM are two major approaches to Master Data Management (MDM), which are evaluated in this article. Master Data Management itself is a vital part of digital transformation and therefore remains a key consideration on the strategic roadmap within enterprises. McGraw Hill, 2007.

Analytics Software 52

Analytics Software Forecasting Software Predictive Analytics Software Optimization Software 52

Claritum

NOVEMBER 14, 2019

Claritum Article - Procurement Blog. Responsible for reporting data management . Extract, Transform & Loading data into data warehouse from production systems. Change data capture. Database extraction, analysis and testing as part of data assurance. Technical Experience. SQL Experience.

Analytics Software 32

Analytics Software Metrics Quality Analysis 32

Logility

OCTOBER 25, 2022

With their integrated end-to-end approach and complete visibility, a digital supply chain platform can deal with the opportunities and constraints of business functions ranging from sourcing and procurement to sales. Procurement. Your staff likely has better, more valuable things to do than process documents and manipulate data.

Supply Chain Software 130

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 130

HICX Solutions

MAY 7, 2020

Ask anyone in procurement to name their biggest challenge, and the answer is usually the same: data. A single system was not capable of handling AutoNation’s procurement volumes; it therefore had 14 systems deployed on a more or less regional basis. AutoNation is a complex business.

Sourcing Strategies 40

Sourcing Strategies Sourcing Data Negotiating Skills 40

HICX Solutions

AUGUST 11, 2020

When a supplier information management system provides the source for master data, the default tax reporting box numbers for suppliers can be set at this level to match IRS requirements; there is one upload and automatic distribution of the information to the ERP(s). Risks removed.

Report 52

Report Guidelines Data Resources 52

HICX Solutions

APRIL 5, 2022

In a webinar on Putting Supplier Experience Management at the Forefront of Strategic Procurement , Procurement practitioners discussed how the COVID-19 pandemic made companies realize they have to start viewing different situations from the suppliers’ perspective and adopt a Supplier Experience Management (SXM) approach.

Just-in-Time 52

Just-in-Time Procurement Supply Chain Software Demand Planning Software 52

HICX Solutions

MARCH 3, 2022

In our latest webinar, in association with Procurement Leaders and featuring Costas Xyloyiannis (CEO, HICX) and Jerry Grable (Director eBusiness, BAE Systems ), we discuss a range of use cases that illustrate specifically how supplier data drives resilience, visibility and value. Supplier data management.

Data 52

Data Sourcing Strategies Optimal Sourcing Analytics Software 52

HICX Solutions

JUNE 10, 2020

Normally these are transactional systems for finance, procurement, compliance and legal. As such, this will include ERP, S2P / P2P, health and safety, quality and contract management tools. With this information you can define future processes for data management , but in a business context.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Exercises Government 52

HICX Solutions

SEPTEMBER 30, 2022

The Procurement and Supply Chain industries have gone through many changes in the last couple of years, due to both external and internal factors, such as the COVID-19 pandemic, supply chain disruptions, adoption of technological advancements, and so on – all in the hopes of making the functions more strategic, efficient and effective.

Survey 52

Survey Procurement Analytics Optimal Sourcing Supply Chain Software 52

6 River Systems

JUNE 29, 2020

If you haven’t developed any KPIs or monitoring processes, start thinking through what measures define success or failure, and how Procurement can go about confirming a supplier stays on track. ” — Chadwick Stephens, 5 Ways to Improve Your Procurement Crisis Management , Procurement Pulse by NASPO; Twitter: @NASPOnews 30.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

QAD

APRIL 23, 2019

So, make sure that data is sanitized and well-structured, and that relevant parties are trained on data management and hygiene before initiating any project. Order-to-cash: In the traditional order-to-cash process, different business functions use their own systems and data, resulting in inefficient processes and imperfect data.

Predictive Analytics Software 93

Predictive Analytics Software How To Analytics Software Predictive Analytics 93

Unleashed

JUNE 23, 2021

And in terms of inventory management the cloud is key to: Tracking inventory location and levels in real time, even for remote warehouses. Accurately plotting costs based on live data. Managing supplier and other vendor relationships in one place. Improving efficiencies with data analytics. Inventory forecasting.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Arena Solutions

MAY 5, 2022

The impact of the pandemic on us is really shifting dramatically to online tools internally, we went from say half and half to an online finance system, CRM system, and document sign-off system. Obviously, big companies have procurement leverage, right? We’ve really focused now. I think it’s been invaluable.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Modeling Software How To 52

HICX Solutions

JULY 28, 2020

Launching a Digital Transformation Project to include Supplier Information Management. As part of digital transformation initiatives in Procurement, one of the areas that will be very much in scope is that of Supplier Information Management, or SIM. How does this happen and what could an alternative path look like in comparison?

Exercises 52

Exercises Comparison Data Resources 52

Arena Solutions

JULY 8, 2021

Product lifecycle management (PLM) enables original equipment manufacturers (OEMs), original design manufacturers (ODMs), and their supply chain partners to control and approve all of the data and processes that are tied to the product record from concept through design, development, and production. Document Management.

Supply Chain Design Software 57

Supply Chain Design Software Supply Chain Planning Software Demand Planning Software Modeling Software 57