ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Supply Chain Shaman

JULY 29, 2017

When the report published, it stimulated many conversations. The term “visibility” lacks a common definition within the industry. Supply chain leaders inherently know that they need greater visibility; but the conversations between buyers and sellers spin due to a lack of definitional alignment. It is messy.

Supply Chain Network Software 152

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 152

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Precoro

OCTOBER 16, 2023

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?

Procurement Solutions 98

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 98

Supply Chain Shaman

OCTOBER 17, 2018

Existing business models are self-serving. By definition, there is a resistance to work together. There is no technology solution that stretches across industries to automate the processes of source, make and deliver. Here is the latest report outlining the capabilities. I am updating this report.). The reason?

Supply Chain Network Software 150

Supply Chain Network Software Supply and Demand Supply Chain Software Manufacturing Procurement 150

Precoro

JULY 18, 2022

Even more, 82% of finance departments report being overwhelmed by the number of invoices they have to process daily and are further exhausted by the variety of formats these invoices are received in. One thing is for sure from these facts, dealing with invoices can be pretty frustrating, and you're definitely not alone in your struggle.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

Logistics Bureau

NOVEMBER 14, 2018

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

Procurement Analytics 63

Procurement Analytics Optimal Sourcing Procurement Solutions Pricing Training 63

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. Jennifer Furey and Rebecca Harris, attorneys at Goulston & Storrs, report, “Millennials are expected to inherit approximately $30 trillion in assets over the next 30 to 40 years. sources of raw materials.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. There was no tracking system in place on the procurement nor on the finance side.

Procurement Solutions 105

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 105

Supply Chain Game Changer

MAY 27, 2022

Brand Protection – The Definitive Role of the Supply Chain! Source: Google. Source: Twitter. Source: fabrikbrands. Ask managers their definition of the company’s vision. Use the logo on any digital or paper document to strengthen your brand identity. Subscribe Here! Email Address.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

GlobalTranz

DECEMBER 17, 2014

Truth: It’s Well Worth the Cost. While there is a cost associated with EDI integration, it is definitely worth it. The cost of EDI integration is immediately justifiable. For this reason alone, EDI integration is well worth its initial implementation cost. and a remittance is $12.96.

Supply Chain Network Software 233

Supply Chain Network Software Supply Chain Software Sourcing Strategies Expense Reduction 233

Supply Chain Game Changer

DECEMBER 9, 2020

If your business is small, separate applications can be purchased to piecemeal the jobs usually done in an ERP’s modules. Some businesses are so small that they can get by with a couple of these apps and then a bunch of manual documentation systems. Inventory management and product data management definitely circle the same drain.

Inventory Management Software 98

Inventory Management Software Inventory Management Optimal Sourcing Inventory Reduction 98

Enterra Insights

MARCH 7, 2018

” Michael Rohwer ( @MjRohwer ), Information and Communications Technology Associate Director at Businesses for Social Responsibility, told Coca, “There is definitely a decline in leverage the further away you are from a particular company. The 134-page report by Human Rights Watch shows horrific conditions continue.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 100

Precoro

FEBRUARY 4, 2022

According to a Paystream 2018 Procurement Insights report, 80% of organizations still use manual or semi-digital tools to manage their procure-to-pay cycle. Most organizations are using the procurement module integrated with their ERP or accounting software. What is Procure to Pay? Procure-to-Pay Definition.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 98

Locus

DECEMBER 15, 2022

If you’re getting continuous WISMO (Where Is My Order) calls in this manner, it is definitely bad news. As a result, it increases your warehouse storage and delivery logistics costs. Other important reasons for incomplete deliveries are missing documentation, incorrect labeling, inaccurate geocoding, and miscommunication.

Real-time Visibility 52

Real-time Visibility Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 52

Talking Logistics

MARCH 6, 2015

Descartes Reports Fiscal 2015 Fourth Quarter and Annual Financial Results. Amber Road broadened its solution footprint this week by acquiring Hong Kong-based ecVision, “a cloud-based provider of global sourcing and collaborative supply chain solutions for brand-focused companies.” FMCSA Should Heed Calls to Fix CSA (ATA).

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Logistics 100

Precoro

DECEMBER 23, 2022

With it, you can receive constant notifications about colleagues' requests, start a discussion in the thread, and make decisions on pending documents directly from your Slack workspace. So that your accounting and procurement departments can work in synergy, we're working on direct Precoro integration with Xero. Google Sign-In.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Optimization Software Purchasing Skills 52

RFgen

AUGUST 14, 2017

The Origin of DFARS Compliance Requirements Back in May 2012, after a year-long investigation, the Senate Armed Services Committee (SASC) released a report about electronics counterfeits in the defense supply chain. The defense industry routinely failed to report cases of suspect counterfeit parts.

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

Logility

AUGUST 24, 2022

NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2023. Logility announced it has signed a definitive agreement to acquire Starboard Solutions Corp., million and purchased Starboard Solutions Corp., ATLANTA (August 24, 2022) American Software, Inc. million compared to $0.5

Network Design Software 130

Network Design Software Supply Chain Design Software Supply Chain Planning Software Network Optimization Software 130

Precoro

FEBRUARY 12, 2024

In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams. There’s a toolkit of metrics to help the treasury department understand the level of liquidity. Let’s explore how.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Supply Chain Network

MAY 23, 2012

The acquisition will combine Ariba’s successful buyer-seller collaboration network with SAP’s broad customer base and deep business process expertise to create new models for business-to-business collaboration in the cloud. The Ariba board of directors has unanimously approved the transaction. billion term loan facility.

SAP 95

SAP Supply Chain Network Software Supply Chain Planning Software Procurement Analytics 95

Enterra Insights

JUNE 1, 2020

Advanced analytics are required to unlock this value. He writes, “In my opinion, the most important definition of big data is ‘all data which cannot yet be used to generate value’.”[3] Purchases are always documented. What isn’t documented, however, is everything else. Vulnerability. ”[6].

Big Data 147

Big Data Data Analytics Software Manufacturing Procurement 147

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? 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. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

She explained that she owned a Warehouse Management System, purchased a Proof of Delivery Software as a Service, implemented a licensed-to-use Accounting & Distribution System, deployed a customised online Order Management System and that she is struggling with fragmented data and documents across these systems.

Supply Chain Design Software 246

Supply Chain Design Software Forecasting Software Predictive Analytics Software Modeling Software 246

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies 64

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 64

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

ThroughPut

MAY 5, 2020

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership. To this, they add the additional costs incurred before or after the product or service delivery.

Cost Reduction Strategies 52

Cost Reduction Strategies Manufacturing Procurement Inventory Reduction Negotiating Skills 52

Unleashed

DECEMBER 5, 2019

Some criteria might include the need for the BI tool to access specific data sources and to integrate data from these multiple databases, or to facilitate customised reports with specific visuals such as graphs and scatter charts. Do you need operational reports, analysis of customer buying habits, snapshots of sales history or trends?

Analytics Software 63

Analytics Software Forecasting Software Modeling Software Procurement Solutions 63

Talking Logistics

DECEMBER 16, 2015

How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? As the Wall Street Journal reported recently, “retailers have come under fire for low pay and a practice known as on-call scheduling that changes workers’ hours with little notice [emphasis mine]. and L Brands Inc.’s

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

NC State SCRC

JUNE 15, 2021

Yung-Yun’s algorithm scanned tens of thousands of targeted news and company reports to develop the ratings in each category. These interviews are often the best source of information and are not published. Secondary data sources are published available databases, reports, websites, and so on. Handfield, R.B.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Sourcing Strategies Resource Reduction 98

Vinculum

MARCH 7, 2022

The customers have gained momentum and loyalty to be a part of such online sources. Amazon is trying to expand its platform to every country gradually but definitely, in full fledge to enhance its sales channel. Dubai is the shopping and trading hub worldwide to handle the process of purchasing vividly. Product listing.

UAE 52

UAE Saudi Arabia How To Manufacturing Procurement 52

ivalua

MARCH 3, 2020

Yet, these initiatives are rarely owned by Procurement. On the contrary, Procurement often plays the bad cop role, creating barriers to onboard new and innovative suppliers, asking for endless compliance documents, ending the magic of the incubation. Second, Procurement lacks time and resources to perform this kind of tasks.

Procurement Solutions 182

Procurement Solutions Procurement Analytics Procurement Sourcing Strategies 182

GlobalTranz

JUNE 2, 2016

This model, I like to call an "embedded 3PL relationship.". The definition of "embedded" by itself is as follows, according to Dictionary.com : verb (used with object) , embedded, embedding: 1. The current Logistics or Purchasing Manager wants an answer as to “WIIFM?” to fix into a surrounding mass: to embed stones in cement.

3PL 120

3PL Manufacturing Procurement Optimal Sourcing Resource Reduction 120

Supply Chain Matters

JUNE 1, 2022

The following Supply Chain Matters commentary highlights this week’s report by the U.S. Federal Maritime Commission (FMC) released this week the report: Fact Finding Investigation 29- Effects of the COVID-19 Pandemic on the U.S. Overall Report Findings. International Ocean supply Chain. Background.

Procurement Analytics 52

Procurement Analytics Supply Chain Design Software Purchasing Skills Supply Chain Software 52

Unleashed

APRIL 15, 2020

To help you understand the importance of tracking this metric we’ll illustrate several ways the value of your stock can change. But first, let’s look at some basic definitions. Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. What is inventory revaluation?

Inventory Reduction 89

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 89

Supply Chain Shaman

OCTOBER 2, 2020

Another client wants to push the customer-centric concept in his organization, but his definition is to do whatever the customer wants. Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. The reason? What A Customer-Centric Supply Chain Is Not.

Customer Service 296

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 296