NC State SCRC

JULY 5, 2019

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).

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Analytics Software Procurement Solutions 40

ivalua

JANUARY 21, 2020

It must be clearly visible to everyone in the state that procurement is well run. These legacy systems include many different processes, including sourcing, procurement, and payment systems used by the states. State-level procurement is more complex than most people realize.

Optimal Sourcing 124

Optimal Sourcing Expense Reduction Resource Reduction Price Reduction 124

SCMDOJO

DECEMBER 18, 2023

Regular Auditing/Cycle Counting: Maintain accuracy through regular audits, ensuring precision in inventory data management and responding promptly to any discrepancies. This gauges the responsiveness and effectiveness of the procurement process. This ensures data precision and minimizes errors in spare parts management.

Inventory Reduction 64

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 64

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

Logility

JULY 14, 2022

Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. About Supply & Demand Chain Executive. and L.I.N.K. Educate podcast channels, L.I.N.K.

Logility 173

Logility Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 173

SYSPRO Smarter ERP

APRIL 18, 2022

The resulting reactive and uncoordinated response makes it challenging for procurement teams to know exactly which suppliers, customers, sites, parts and products are at risk. It is, therefore, extremely difficult to secure new sources of supply in a timely manner.

Manufacturing Procurement 124

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 124

SCMDOJO

MAY 30, 2024

The logistics department is the unsung hero of the modern world, ensuring products reach their destination promptly and securely. From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. But who are the key players behind the scenes?

Optimal Sourcing 71

Optimal Sourcing Pricing Training Logistics Network Optimization Software Inventory Reduction 71

Logility

OCTOBER 21, 2021

For example, the Department of Homeland Security (DHS) has ordered detainments of shipments of cotton and cotton products from the Xinjiang Production and Construction Corps (XPCC) in China due to forced prison labor in these areas. Reduce issues at the border. Engage in anti-corruption.

Optimal Sourcing 207

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 207

HICX Solutions

OCTOBER 28, 2021

Next, a process was introduced whereby all procurement teams could load their data into the product on a monthly basis and report on their activities. The CPO needed to ensure that these were also being managed well within the supply chain. Visibility at the heart of sustainable procurement.

Sustainability 52

Sustainability Optimal Sourcing Procurement Solutions Optimization Software 52

Arena Solutions

SEPTEMBER 26, 2023

operations, quality, procurement), contract manufacturers, and suppliers in design reviews and gather their input early on. Because collaboration best practices and security controls are inherent with cloud-native technology, organizations don’t have to reinvent processes. Involve downstream product team members (e.g.,

Supply Chain Design Software 85

Supply Chain Design Software Expense Reduction Cost Reduction Strategies Optimization Software 85

ivalua

MARCH 29, 2019

Procurement professionals need to think in more innovative ways about how we can drive competitive advantage and shareholder value for our organisations. While profit is of course important, and the procurement goal of cost reduction plays a key role here, “you cannot cut your way to growth” (or ultimate success), as the saying goes.

Optimal Sourcing 100

Optimal Sourcing Manufacturing Procurement Procurement Analytics Software 100

Supply Chain Matters

JUNE 7, 2024

From our lens, SAP may have squandered an opportunity for more succintly reinforcing the business case for Cloud level transformation of business applications, infrastructure and broader data management integration capabilities. That seems rather aspirational.

Conference 52

Conference Prescriptive Analytics Software SAP Supply Chain Design Software 52

The Logistics of Logistics

JULY 7, 2019

Ensures safety and security of the food and feed supply to protect human and animal health. Update procurement and carrier agreements to include FSMA provisions. The FSMA raises the bar on monitoring, data management and processes. Talk a little bit about the Food Safety Modernization Act (FSMA). Signed into law Jan.

Supply Chain Planning Software 100

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

Unleashed

MARCH 19, 2019

What if the distribution centre manages both store and eCommerce inventory stock? Leading retailers are now trying to reconcile inventory management practices between these two order streams. What we are seeing is often procurement is separate although the company is buying many of the same items.

Inventory Management Software 68

Inventory Management Software Inventory Management Inventory Reduction Demand Planning Software 68

ivalua

JANUARY 24, 2022

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Data 130

Supply Chain Matters

MARCH 10, 2022

In a securities filing, Luxshare had indicated that it would take a stake in Pegatron ’s Casetek Holdings. Our prediction was that such trends cannot be sustained without new thinking on the part of global logistics, financial management, product sourcing and procurement teams. February 1, 2021.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Manufacturing Procurement 52

Precoro

NOVEMBER 27, 2023

Moreover, with procurement software, it’s also possible to track supplies and approve new purchases anytime, anywhere. Enhanced communication : Specialized software often includes secure messaging features that allow healthcare providers to communicate with each other and patients while maintaining patient data confidentiality.

Procurement Solutions 59

Procurement Solutions Prescriptive Analytics Software Analytics Software Optimization Software 59

HICX Solutions

FEBRUARY 14, 2019

The importance of structured and effective supplier management has increased for major organisations over the years. Managing both the risk and value generated by suppliers is more vital than ever and is a core requirement for procurement functions and indeed for organisations generally. Why did this change come about?

Demand Planning Software 40

Demand Planning Software Supplier Management Policies Government 40

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

Supply Chain Matters

JANUARY 13, 2023

In early January of this year, The Wall Street Journal cited data from more than 1,000 surveyed companies compiled by Mercer Consultants indicating that firms have budgeted for more salary and wage increases in 2023 than they have in the past 15 years. This is because such firms still cannot find and retain adequately skilled workers.

Predictive Analytics Software 52

Predictive Analytics Software Negotiating Skills Predictive Analytics Supply Chain Software 52

Supply Chain Matters

MAY 18, 2023

Additionally noted is that customers utilizing procurement spend management software, and SAP Business Network platform technology, can anticipate generative AI support to navigate changing supplier dynamics, engaging suppliers more effectively and enforcing compliance to processes.

SAP 52

SAP Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 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

Logistics Bureau

NOVEMBER 15, 2018

Limiting data collected to the purposes for which it is processed. Keeping data accurate and up to date. Limiting identification of data subjects to what is necessary for the goal of the processing. Accurate data avoids errors and waste. Deleting data after it has served its purpose saves further on storage.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Pharmaceutical Cost Reduction Strategies 45

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. Ensuring reliable security performance is essential as organizations transition to more sophisticated digital controls.

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

ivalua

MAY 18, 2022

To truly gain control of enterprise-wide supplier data, leaders must implement vendor master data management (MDM). Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source. Procurement needs skin in the game.

Supplier Management 130

Supplier Management Supply Chain Planning Software Negotiating Skills Optimal Sourcing 130

Silvon Software

APRIL 18, 2024

This underscores the need for a unified approach to data management that transcends traditional departmental barriers, incorporating advanced technologies such as artificial intelligence (AI) and advanced analytics. Cost Optimization Analytics can uncover inefficiencies in spending and allocate resources more effectively.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

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

SYSPRO Smarter ERP

DECEMBER 11, 2023

Many renewable energy organizations are missing out on the benefits of ERP software that would allow them to tackle the challenges of data management, improve process efficiency across the organization, and manage projects more effectively. It also provides a high level of security and privacy that regulations require.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 52

HICX Solutions

AUGUST 19, 2020

If they realized their vulnerabilities in fraud, compliance, supply chain risk and purchasing performance, more would invest in better supplier data management,” she believes. He also points to a potential failure to complete customer orders thanks to corrupt data in the system. The situation can have real world consequences.

Data 52

Data Procurement Solutions Purchasing Skills Supply Chain Planning Software 52

HICX Solutions

AUGUST 19, 2020

If they realized their vulnerabilities in fraud, compliance, supply chain risk and purchasing performance, more would invest in better supplier data management,” she believes. He also points to a potential failure to complete customer orders thanks to corrupt data in the system. The situation can have real world consequences.

Data 52

Data Procurement Solutions Purchasing Skills Supply Chain Planning Software 52

Silvon Software

SEPTEMBER 28, 2023

A modern data hub collects, integrates and manages data from multiple disparate systems and external data sources (like market research and point-of-sale systems), regardless of whether the data is on-premise or in the cloud. A modern data hub supports self-service reporting.

Procurement Analytics 105

Procurement Analytics Report Data Optimal Sourcing 105

ShipBob

AUGUST 24, 2023

From product quality issues and supplier inconsistencies to security threats and lack of supply chain visibility , there are a number of factors that could pose a risk to your ecommerce supply chain. A decline in the overall product quality also poses a serious threat to your supply chain management and would require immediate action.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing SCM 52

Logility

AUGUST 12, 2021

Higher income, less waste, better quality, and improved food security are among the benefits of the farm-to-fork movement growing worldwide. Your company can transform diverse information from sales, production, finance, marketing, transportation, and procurement into one comprehensive business plan.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

HICX Solutions

JULY 20, 2023

This has led to an increasing collective belief that organizations should bear significant responsibility for the emissions generated and be held accountable for their carbon footprint and move towards more sustainable procurement.

Manufacturing Procurement 40

Manufacturing Procurement Supply Chain Software Supply Chain Procurement Analytics 40

HICX Solutions

FEBRUARY 9, 2023

They joined us to talk about the rapidly changing ways in which procurement technologies are being sourced, from agile tech sourcing through to the rise of the procurement garage, incubators and accelerators. The Procurement Architecture – what is emerging today? We have automation. And so these are user archetypes.

Supply Chain Network Software 52

Supply Chain Network Software Demand Planning Software Sourcing Strategies Procurement 52

HICX Solutions

SEPTEMBER 8, 2020

Over the past 12 years or so, I have had the privilege of working with Procurement, seeing its tremendous growth in importance, performance and capability. However, there are indications that Procurement’s progress is stalling and, worse, even moving backwards in some cases. What could be the reasons for this?

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Software Optimization Software 52

HICX Solutions

SEPTEMBER 8, 2020

Over the past 12 years or so, I have had the privilege of working with Procurement, seeing its tremendous growth in importance, performance and capability. However, there are indications that Procurement’s progress is stalling and, worse, even moving backwards in some cases. What could be the reasons for this?

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Software Optimization Software 52