Logistics Viewpoints

JANUARY 17, 2023

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Prescriptive Analytics Software 194

Prescriptive Analytics Software Predictive Analytics Software Supply Chain Software Forecasting Software 194

Silvon Software

APRIL 18, 2023

What’s really needed, though, is a cohesive measurement strategy that identifies goals, defines a portfolio of metrics to achieve them, and outlines an implementation plan to make it part of your ongoing business process. Procurement knows how long it takes to process a purchase order. Sales knows revenue per salesperson.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Resource Reduction Material Savings 64

ivalua

DECEMBER 18, 2019

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Risk management. Operations.

Optimal Sourcing 130

Optimal Sourcing Data Management Procurement Vendor Strategies 130

HICX Solutions

DECEMBER 21, 2020

An Interview with Peter Smith on ‘Bad Buying’ and ‘Procurement with a Purpose’. HICX was pleased to welcome Peter recently to our interview series on data in Procurement, in which we asked him more about his book, as well as his other project, ‘Procurement with a Purpose.’ The role of data in ‘Bad Buying’.

Optimal Sourcing 52

Optimal Sourcing Procurement Data Supply Chain Design Software 52

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. So we get this cycle of data, information, knowledge and wisdom.”. The difference between failure and success.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

ThroughPut

DECEMBER 4, 2022

Some of the benefits of this include: Lesser operational costs Optimum stock levels with greater ROI on inventory turnover Improved customer service levels Better management of SKUs for long-term profitability Alignment to predictability of demand, delivery lead time, and delivery accuracy of each item.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Supply Chain Shaman

FEBRUARY 18, 2021

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. In addition, build a planning master data management system. Procurement: Purchase price variance and procurement cost.

Supply Chain Planning Software 278

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 278

The Logistics of Logistics

MAY 26, 2023

Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 206

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 206

My Office Apps

AUGUST 31, 2023

This article explores the intricate relationship between ERP evolution and the emergence of AI, highlighting their collective impact on supply chain management. ERP Evolution: From Data Management to Strategic Orchestration Enterprise Resource Planning (ERP) systems have evolved beyond their origins as mere data management tools.

Optimal Sourcing 70

Optimal Sourcing Inventory Management Software Supply Chain Planning Software Forecasting Software 70

HICX Solutions

OCTOBER 13, 2020

In our second interview in the series on ‘Solving the Procurement Data Dilemma,’ which supports a full survey carried out by HICX and Raconteur on the subject, Gren Manuel speaks to Richard Wilding, OBE. So we get this cycle of data, information, knowledge and wisdom.”. The difference between failure and success.

Manufacturing Procurement 52

Manufacturing Procurement Data Procurement Supply Chain Software 52

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

AUGUST 19, 2021

Historically, so much of what Procurement teams did went unnoticed. Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream. Aligning Procurement Processes & Systems.

Optimal Sourcing 130

Optimal Sourcing Metrics Procurement Sourcing Strategies 130

EC Sourcing Group

SEPTEMBER 5, 2019

If you are considering new tools for your procurement team to manage procurement and supply chain functions, this assessment should be a good starting point. The right procurement and data management tools can deliver the same type of effortless efficiency. Is support technical only or is strategy included?

Supply Chain Software 45

Supply Chain Software Procurement Material Savings Supply Chain Strategy 45

ivalua

FEBRUARY 4, 2020

In the report 60% of CPOS select poor data quality, standardization and governance as being the biggest challenge in mastering digital complexity. There is definitely an aspiration to reach the point where data can be used as a matter of course to influence strategic decisions, but of course, excel is not the best tool for this job.

Data 130

Data Analytics Software Optimal Sourcing Supply Chain Software 130

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. Transparency is not simply pulling back the curtain, there needs to be a strategy for educating and communicating. .

Optimal Sourcing 124

Optimal Sourcing Expense Reduction Resource Reduction Price Reduction 124

SYSPRO Smarter ERP

APRIL 18, 2022

Longstanding weaknesses in the supply chain like port infrastructure, outdated supply chain strategies and impacts of natural disaster and wars have all further affected global supply chains. While the pandemic was undoubtedly the catalyst for recent supply chain disruptions it’s not the only cause.

Manufacturing Procurement 124

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

Elementum

FEBRUARY 7, 2024

By automating risk assessment and mitigation strategies, businesses can proactively address challenges, safeguarding assets and reputation. Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

ivalua

FEBRUARY 24, 2021

Recent data from the Hackett Group reveals that AP teams that provide self-service capabilities to suppliers can achieve Superhero status by reducing inquiries by 49% and saving 50% on master data management costs. In some organizations, this task belongs to Procurement, and in others the responsibility lies with the AP team.

Cost Reduction Strategies 130

Cost Reduction Strategies Resource Reduction Negotiating Skills Optimal Sourcing 130

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. Supplier Data Quality & Management in Decision Making. Managing a Complex Network of Direct Material Suppliers.

Manufacturing Procurement 26

Manufacturing Procurement Agile and Lean Supply Chain Supply Chain Planning Software Optimal Sourcing 26

Supply Chain Movement

SEPTEMBER 26, 2016

P2P Process Owners Strategy Workshop. There are still obstacles on the way including internal buy-in, poor master data management, supplier behaviour and more. Get experience on Lean and Six Sigma in indirect procurement. 10th Pan-European Conference in the P2P Series. Date 16-18 November 2016.

Six Sigma 60

Six Sigma Conference Procurement Analytics Case Study 60

SCMDOJO

DECEMBER 18, 2023

From making sure you have the right amount in stock to setting up programs to prevent issues to saving on costs , here are practical tips to help you make your spare parts management process smoother. Ready to enhance your spare parts management? Let’s explore the key strategies to ensure your maintenance operations run smoothly.

Inventory Reduction 63

Inventory Reduction Optimal Sourcing Expense Reduction Vendor Strategies 63

HICX Solutions

APRIL 17, 2019

Many procurement teams today are under tremendous pressure to jump on the digital bandwagon and initiate projects that are glamorous and which contribute to the company’s digital strategy, but which may not connect to procurement’s own needs. Switching procurement from reactive to proactive. As the poet T.S.

Procurement Analytics 40

Procurement Analytics Procurement Solutions Optimal Sourcing Predictive Analytics Software 40

Supply Chain Shaman

SEPTEMBER 2, 2016

Labor day also signals the end of summer, and for many supply chain leaders the beginning of 2017 strategy discussions and intense S&OP debates to finalize Q3 and Q4 planning. In strategy development, the missing link for most supply chain leaders in the Race for Supply Chain Excellence is developing and retaining supply chain talent.

Supply Chain Planning Software 0

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

o9 Solutions

FEBRUARY 27, 2020

Automated planning master data management. Business Strategy Driven Demand Prioritization/Allocation Rules. Solutions Supply Chain Management. Analytics Driven Control Tower to Align Supply Chain Policies to Business Strategies and Market Needs o9 Solutions February 25, 2020. Solutions Supply Chain Management.

Supply Chain Planning Software 52

Supply Chain Planning Software Scenario Planning Supply Chain Planning Modeling 52

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes?” My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

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. Previously, companies would use software such as spreadsheets, which were difficult to use and manage. Categorize.

Analysis 52

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

Supply Chain Matters

JANUARY 24, 2024

Additional Thoughts and Perspectives For SAP customers specifically, the impact of this corporate restructuring on technology and delivery strategies will have more to do with the specific meanings of Business AI from internal or external services perspectives. A further component of the operating profit goal was a reported €0.5

SAP 59

SAP Negotiating Skills Sourcing Strategies Supply Chain Planning Software 59

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. I can see clear advantage for retailers, facing the challenge of today's omnichannel demand, in developing a strategy around collaboration and visibility tools and processes.

Supply Chain Planning Software 104

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

HICX Solutions

APRIL 25, 2019

There are many benefits to be had from redefining the way you manage your supplier data. Below are five steps you can take to greatly improve your supplier master data management processes and reach the hallowed state of data nirvana. Data managers – people carrying out day-to-day management tasks.

Data 40

Data Supply Chain Design Software Resource Reduction Supply Chain Software 40

ThroughPut

JANUARY 2, 2024

What is Just-In-Time (JIT) Inventory Management? Just-In-Time (JIT) Inventory Management, also known as lean manufacturing or the Toyota Production System (TPS), is a strategy that aligns raw-material orders from suppliers directly with production schedules. What Does Just-In-Time (JIT) Management Involve?

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Matters

APRIL 4, 2024

The report further indicated that Anthropic has committed to spend upwards of $4 billion on Amazon’s various Cloud infrastructure, data management software applications or custom graphics processor chips over the next five years. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Jaggaer

DECEMBER 17, 2019

Digital procurement platforms are capable of producing incredible amounts of data, from spend history to supplier scores , delivery rates and more. But such massive amounts of data can easily lead to a new generation of questions. Which data can I trust? . How much data is too much? .

Data 64

Data Manufacturing Procurement Procurement Just-in-Time 64

Veridian Solutions

MARCH 16, 2020

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Risk exists around data when it is incorrectly or inaccurately collected and shared.

Supply Chain Strategy 59

Supply Chain Strategy Data Supply Chain Software Inventory Reduction 59

HICX Solutions

OCTOBER 28, 2021

ESG Strategy. 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. Visibility at the heart of sustainable procurement. Development of the solution continued. at the supplier is not the solution.

Sustainability 52

Sustainability Optimal Sourcing Procurement Solutions Optimization Software 52

Logility

OCTOBER 21, 2021

You can more easily sidestep supply chain disruptions by using strategies such as sharing components, accelerating delivery cadences, and repurposing production facilities to distribution centers. 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

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 96

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 96

Logility

MARCH 29, 2018

F&B manufacturers are increasingly being asked to manage inventory at customer locations or guarantee a rapid replenishment cycle. Advanced replenishment planning can help develop a cost-effective supply chain strategy that ensures customer service levels remain high while minimizing costs. Supply Chain Master Data Management.

Beverage 100

Beverage Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 100