Contract Data Management With AI

ivalua

Contract Lifecycle management is an area we have seen huge demand in over the last year or two. Many of our customers leverage our contract management solution for both authoring or contract repositor. Not much contract data is available publicly, due to confidentiality.

Welcome in the Big Data Opportunity

Supply Chain Shaman

The term big data is moving up the charts as a “hot topic.” We wanted to understand where companies are at in the adoption of big data concepts and we had a good time writing the report on the research. It requires change management.

Five Reasons Why Are We Not Making Progress on Inventory Management

Supply Chain Shaman

At the session, we discussed why companies have not made more progress on inventory management. We share this data in Figure 3. To do this companies need to use channel data to decrease demand latency, and then use pattern recognition and advanced analytics to define buffer strategies.

10th Pan-European Conference in the P2P Series

Supply Chain Movement

There are still obstacles on the way including internal buy-in, poor master data management, supplier behaviour and more. We will also hear innovations on self-service supplier portal, eCatalogue, andeProcurement in general. Benchmark change management challenges.

The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019). Moreover, sourcing organizations increasingly adopted centralized sourcing strategy, raising the importance of data analytics in sourcing.

Roberto Crippa: “If you try to manage new business with old rules you fail”

Supply Chain Movement

Innovation drives our product leadership: innovation is key. The business is getting tougher as more and more professional buyers at Customer’s site are managing procurement and purchasing. If you try to manage the new business with the old rules you fail.

Italy 101

Supply chain software demands continual attention

Supply Chain Movement

IT supports quest for differentiation and innovation. The ‘systems of differentiation’ comprise solutions which give companies a competitive edge in their markets, such as forecasting, planning or advanced warehouse management. The master data is now managed centrally, for example.

Three Mistakes Teams to Avoid in Selecting Supply Chain Planning

Supply Chain Shaman

Differences exist in data models, planning hierarchies, and data definitions. As a result, it is difficult to roll-up planning data for decision-making across the company post merger. The right data model can make or break a decision for production planning, Fallacy #2.

The View from Houston: DHL Global Energy Conference 2015

Supply Chain View from the Field

Rig data management is an emerging area to keep track of all changes while the rig is in operation, and improve rig productivity and uptime. Productivity and logistics savings occur only through improved collaboration with service providers, and attacking costs in a structured and organized fashion that involves studying the problem, collecting data, and driving operational execution of the improved process.

Welcome 2019

Supply Chain Shaman

Bear markets drive heightened interest in supply chain management. Companies cannot save their way to supply chain excellence with cost-cutting and inventory management — customer back capabilities. Machine learning will redefine master data management.

Five Trends That Excite Me!

Supply Chain Shaman

I am facilitating a workshop between supply chain business visionaries and technology innovators. EDI is too cumbersome, and SAP Ariba’s focus, despite the marketing hype, is primarily on managing indirect spending. (My Data today does not move at the speed of business.

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The Best Part of My Job

Logility

The pace of innovation and change in supply chain is accelerating and it’s fascinating to learn about so many businesses and how each prioritizes and pursues their digital transformation initiatives. Managing a network that is likely to be 10X as complicated as today’s global market.

Nestlé USA and Enterra Solutions Sign Multi-Year Cognitive Computing Agreement

Enterra Insights

Our initial efforts are focused on the implementation of an Autonomous Demand Insights module within the Enterra Category Management Intelligent System (ECMIS) as well as the application of the Enterra Enterprise Cognitive System across the Nestlé USA retail partner network. As part of the engagement, Enterra will harmonize siloed areas of the business, including category management and supply chain logistics into one company wide system.

Building a Bimodal Supply Chain

Kinaxis

by Alexa Cheater Innovate to survive. Keeping up with digitization, big data and the Internet of Things (IoT) requires a supply chain that’s flexible, scalable and adaptable. It requires innovative new processes and approaches to data management.

SCM Cloud Webcast Series Continued

Oracle SCM

Oracle Transportation Management Cloud. Global Trade Management Cloud. Innovation Management Cloud. Product Master Data Management Cloud. To learn more about Oracle Supply Chain Management applications, please visit www.oracle.com/scm.

SCM 78

Supply Chain 2030: Forge a New Path

Supply Chain Shaman

The consensus is process innovation. The level of technology disruption is now so great that it is about test and learn with small, scrappy teams focused on innovation projects. The supporting data will be self-correcting.

New job opportunity: Product Owner

DiManEx

Our goal is to revolutionize supply chains by using high quality 3D printing combined with supply chain data! Identify market and customer needs, and collaborate with management, business and operations to define product roadmaps and execute on them. ? Job title: Product Owner.

Supply Chain Analytics: The Times They Are A-Changin’

Supply Chain Shaman

I see it as the systematic computational analysis of data. In my world view, it includes processes like data discovery, test and learn, cognitive learning, visualization and listening through unstructured text mining. SAP Business Suit 4 SAP SAP unstructured data

Gartner releases new Supply Chain Planning Magic Quadrant

ToolsGroup

This is an area that Gartner finds many companies are investing in to provide a strong foundation on which to build more differentiating and innovating capabilities. Unified data, process and analytical models. Performance management and analytics support.

Cognitive Computing: Getting Clear on Definitions

Supply Chain Shaman

The decision support technologies that we use today–price management, trade promotion management, network design, supply chain planning, transportation planning, supplier risk management–are on the cusp of redefinition through new forms of analytics.

New job opportunity: Product Owner

DiManEx

Along the way, this person will help us build the product management practice within DiManEx, both managing and improving existing releases & features as well as creating our new roadmap with innovative new data driven products, features and services.

Self-assessment for datamanagement

Supply Chain Movement

Company performance is increasingly dependent on data quality. To enable you to discover where your company stands in terms of managing master data quality, Finavista has developed this self-assessment tool.

Tools 101

Gartner releases new Supply Chain Planning Magic Quadrant

ToolsGroup

This is an area that Gartner finds many companies are investing in to provide a strong foundation on which to build more differentiating and innovating capabilities. Unified data, process and analytical models. Performance management and analytics support.

Supply Chain Wars: Episode IV – A New Hope

Logility

I guess it was just a matter of time until my love of Star Wars met my love of supply chain management. Continuous planning processes need to be connected to periodic planning processes, based off the same data, the same assumptions and the same enabling technology.

The Digital Supply Chain: Making The Leap With A Ball and Chain

Supply Chain Shaman

Leaders will work with technology innovators to build the network of networks ensuring interoperability between networks. Master Data is No Longer a Barrier. Cognitive learning and rules-based ontologies will redefine master data management technologies making them obsolete.

Point-of-Sale Data Use Cases Fuel Effective Trade Promotion Execution

Supply Chain Insights

Point-of-Sale data has become one of, if not the most important factor determining the success of a trade channel promotion. The global big data initiative was catapulted off the flight deck and the mission of shopper reconnaissance was executed in earnest.

Data 143

Digital Procurement – Pack your bag, you are going on a journey

ivalua

Ivalua has seen among its customers a huge appetite for innovation, not least because it is making the role of Procurement so much more strategic and also, put more bluntly, it’s becoming a much more interesting role.

Planned Obsolescence in the Durable Goods Industry

Logility

Of course people like me, who stretch the limits on the useful life of a product, tend to throw outliers into the data. The consumer durable industry is experiencing rapid product innovation.

4 Ways Big Data is Changing Inventory Management

EazyStock

Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. Processing a large volume of information the main benefit of big data analytics.

Collaboration and Visibility in the Supply Chain

Oracle SCM

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. Tom McDonough , Sr. Director Product Marketing.

Planned Obsolescence in the Durable Goods Industry

Logility

Of course people like me, who stretch the limits on the useful life of a product, tend to throw outliers into the data. The consumer durable industry is experiencing rapid product innovation.

Using Data to Improve Supply Chain Operations

Material Handling & Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations.

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Supply Chain Planning & Optimization Projections for 2018 - Back to the Future

Logility

When it comes to predicting the very dynamic supply chain management industry, those after year reviews can be quite amusing. The large number of major data breaches in 2017 has been the focus of many C-level meetings. 2018 will bring a renewed emphasis on security for supply chain facilities due to the growing awareness that data breaches can originate through almost any type of connected system and the fact that more facilities are being opened in unstable geographies.

Late Night Thoughts on Productivity, Efficiency and Global Supply Chain Effectivness

Supply Chain Shaman

I took the liberty of simplifying some of Robert’s data in a chart in Figure 1. As cognitive computing evolves, will we need master data management coders? Or an order management workforce? The market needs innovation, and technology visionaries need funding.

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7 Tips: A Guide to Mastering Procurement

Material Handling & Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. Master Innovation.