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

Silvon Software

APRIL 11, 2024

Developing an Effective Data Analytics Strategy Crafting a data analytics strategy that propels a business towards its objectives is no small feat. It requires a nuanced understanding of what metrics truly matter, alongside an infrastructure that supports robust data analysis and insight generation.

Predictive Analytics 83

Predictive Analytics Analytics Software Analytics Sourcing Strategies 83

Silvon Software

AUGUST 8, 2022

Supply chain challenges stemming from the pandemic and other global events continue to plague manufacturing and distribution companies. To address these issues, manufacturers and distributors are focusing more on the use of data analytics to help them make more strategic decisions related to supply chain performance.

Analytics Software 79

Analytics Software Supply Chain Planning Software Predictive Analytics Analytics 79

Silvon Software

APRIL 18, 2023

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Can we get the right resources needed to collect data for analysis before it’s too old?

Inventory Reduction 63

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 63

Supply Chain Shaman

SEPTEMBER 2, 2016

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Digital manufacturing is also a disruption. I was wrong.

Supply Chain Planning Software 0

Supply Chain Planning Software Supply Chain Strategy Supply Chain Design Software Supply Chain Software 0

GlobalTranz

DECEMBER 29, 2014

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. Any process or management after the sale of the product involves reverse logistics.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Oracle SCM

AUGUST 1, 2018

This was a relatively heavy investment in time and resources when we had our startup due largely to the investment in data gathering and integration. Often this data is rolled up organizationally, geographically or in distribution through performance metrics or key performance indicators (targets change with these roll ups).

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Elementum

FEBRUARY 7, 2024

Risk Management: ML algorithms proactively assess risks across operations, financials, and cybersecurity, enabling businesses to safeguard assets and maintain their reputation effectively. Metrics such as processing time, error rates, and customer satisfaction levels serve as performance indicators.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Silvon Software

SEPTEMBER 28, 2023

Silvon has noticed over the past several years that a shift towards a modern data hub architecture to support enterprise analytics and reporting has been driven by a number of key business drivers. Once integrated, the data is made “analytics ready” and securely available to users.

Procurement Analytics 94

Procurement Analytics Report Data Optimal Sourcing 94

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Supply chain management is increasingly making an impact on the overall functioning of the business and influencing C-suite decisions. Data Managers. IT Specialists.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Unleashed

JUNE 23, 2021

For manufacturers and other organisations looking to improve their inventory management processes, cloud technology represents a major opportunity – especially when it comes to remote working. Cloud services also: Eliminate data silos by connecting disparate business functions (e.g. Accurately plotting costs based on live data.

Inventory Management Software 80

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

Supply Chain Game Changer

NOVEMBER 19, 2018

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Lean for instance is equally applicable in Supply Chain as it is in Manufacturing or anywhere else. Cost and Profit Management. Promoting Supply Chain Value.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Arena Solutions

JULY 8, 2021

What Is Product Lifecycle Management (PLM)? 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.

Supply Chain Design Software 57

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

6 River Systems

JUNE 29, 2020

The next-gen supply chain model is a networked ecosystem – suppliers, partners, manufacturers, distributors and retailers will all have access to relevant cloud-based data to make the best decisions based on real-time signals.” China trade war has already put regionalization of manufacturing back on the table.

Supply Chain Planning Software 116

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

Supply Chain Game Changer

NOVEMBER 9, 2018

You know the people, the processes and the metrics. Most companies have a Procurement function, Distribution, Logistics, Planning, Inventory Management, Product Data Management, and Operations. In the area of Inventory Management they also did a lot of benchmarking and highlighted deficiencies in our processes.

Agile and Lean Supply Chain 43

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 43

HICX Solutions

JUNE 10, 2020

Connecting data flow to business use. Business users typically deal with business processes, rules, requirements, metrics, reports and so on. If shared services can show how these aspects rely on having the highest-quality supplier data , then you initiate business-relevant conversations about it.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Exercises Government 52

Logistics Bureau

AUGUST 1, 2022

While this task will draw heavily on the demand plan, the Supply Chain Head will also need to canvas input from the company’s finance, logistics, operations, and manufacturing functions. These “human” flaws make people less than ideal for data management and manipulation , the other essential ingredient in sales and operations planning.

Supply Chain Planning Software 87

Supply Chain Planning Software S&OP Supply Chain Planning Scenario Planning 87