SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. How does data analytics help supply chain optimization?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Silvon Software

APRIL 18, 2024

Critical to guiding them through today’s fluctuating markets is the accuracy and actionable intelligence derived from data. Insights gleaned from robust data analytics enable core business areas to identify opportunities for risk reduction, enhance operational efficiencies, and foster strategic initiatives that drive business growth.

Manufacturing Procurement 59

Manufacturing Procurement Procurement Analytics Analytics Software Predictive Analytics 59

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Supply chain professionals will be familiar with the term Material Requirements Planning (MRP).

Procurement Analytics 81

Procurement Analytics Supply Chain Planning Software Supply Chain Design Software Metrics 81

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?”

Supply Chain Design Software 195

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

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

SCMDOJO

APRIL 4, 2023

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

Prescriptive Analytics Software 110

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 110

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Sourcing Strategies 98

Supply Chain Shaman

APRIL 16, 2024

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. This is how we should jump.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Supply Chain Shaman

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” ” Or “push a shift from a focus on cost to drive value?” To entice you to participate let’s look at the data more closely.

Manufacturing Procurement 389

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 389

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. There must be a clearly defined data source with a standardized process for collecting and measuring that data.

Optimal Sourcing 121

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 121

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. Infor, with anticipated revenues of $3.4

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

Silvon Software

MAY 1, 2024

In an era where data is the new oil, businesses are constantly seeking innovative ways to extract valuable insights from their vast data reservoirs. Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends, consumer behavior, and operational efficiencies.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Predictive Analytics Software Analytics Software Predictive Analytics 52

SYSPRO Smarter ERP

AUGUST 2, 2023

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

crisp

APRIL 25, 2024

Supply chain efficiency and cost controls are top priorities in CPG earnings discussions as brands combat inflationary pressures and aim to maximize margins. But challenges remain, and brands say reducing costs and maximizing efficiency across their enterprise is still a priority. How did 2023 look from the CPG C-suite?

Demand Planning Software 52

Demand Planning Software Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 52

Enterra Insights

MAY 23, 2022

“The digital era has most organizations pursuing the fruits of data-driven strategies,” writes freelancer Bob Violino ( @BobViolino ). Violino notes, “It’s one thing to gather large amounts of data and apply analytics to it; lots of organizations are doing that. Data Democratization.

Analytics Software 130

Analytics Software Procurement Analytics Predictive Analytics Analytics 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Scope 3 emissions include the indirect emissions from an organization’s value chain. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

ivalua

JANUARY 30, 2023

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. Scope 3 emissions include the indirect emissions from an organization’s value chain. POs, and invoices).

Procurement Analytics 130

Procurement Analytics Waste Reduction Vendor Strategies Optimal Sourcing 130

Logility

JANUARY 26, 2024

What defines a high-performing supply chain? Depending on who you ask, the answer can be anything from low costs and efficiency to a delicate balance between profitability and customer service. Enter our list of supply chain trends for 2024.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization.

Supply Chain Network Software 218

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 218

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Supply Chain Matters

APRIL 30, 2024

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

Inventory Reduction 52

Inventory Reduction Price Reduction Vendor Strategies Cost Reduction Strategies 52

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Procurement Academy

FEBRUARY 6, 2024

Your organization’s supply chain can be the bedrock of a robust ESG strategy that will drive positive change and contribute to long-term sustainability. We’re here to help guide you in developing a more ethical and sustainable supply chain using actionable insights from our years of expertise. Let’s dive right in.

Waste Reduction 59

Waste Reduction Sourcing Strategies Supply Chain Strategy Optimal Sourcing 59

Precoro

AUGUST 26, 2021

Purchasing? Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined.

Pricing Training 98

Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 98

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. Executive teams strive to drive improvement in supply chain results; yet, sadly, only four percent of public companies succeed. The supply chain is a complex non-linear system. Understanding this relationship requires modeling. The reason?

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

ThroughPut

FEBRUARY 2, 2024

For supply chains, COVID-19 marked the beginning of a challenging era. Even as the immediate pandemic effects stabilized, new challenges like supply shortages, port congestions, and natural calamities emerged. is advanced supply chain analytics. is advanced supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. But simply putting an S&OP strategy in place isn’t enough. logistics firms). Quantity of goods in the order.

S&OP 111

S&OP Procurement Analytics Supply and Demand Analytics Software 111

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. By 2032, the supply chain analytics market is expected to reach USD 38.78

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

Synovos

MARCH 5, 2024

Overhauled MRO Strategy Propels UK Food Manufacturer to Save Millions, Boost Productivity For most companies, the COVID-19 pandemic presented a significant challenge in managing operations. for more information, download the report here ). Some navigated that challenge successfully.

Material Savings 98

Material Savings Inventory Reduction Cost Reduction Strategies Waste Reduction 98

AIMMS

OCTOBER 17, 2023

Sustainable supply chains are not just beneficial for society and the environment; they’re crucial for a business’s future prosperity. For that, long-term supply chain planning and budgeting needs data to back every decision. A green supply chain boosts brand reputation and can lead to increased sales.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. Everything is connected – what happens in one part of the supply chain can shake things up in logistics, and the other way around. As we step into 2024, the world of logistics isn’t what it used to be.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

The complexity and interconnectedness of the global supply chain have led to organisations becoming more dependent on suppliers than ever before. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130