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. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. To manage continuous improvement, companies need a clear definition of excellence and organizational alignment to that goal. What Drives Value?

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

Silvon Software

MAY 6, 2025

Thats why modern BI systems are quickly becoming the go-to solution for data-driven enterprises. They integrate, align, and activate data across the business to drive better, faster decisions unlike legacy reporting tools that can’t. BI Has Come a Long Way The concept of business intelligence has been around for decades.

Prescriptive Analytics Software 89

Prescriptive Analytics Software Analytics Software Predictive Analytics Software Supply Chain Planning Software 89

Supply Chain Shaman

FEBRUARY 1, 2024

His comments are the same–he feels that I identify problems but do not adequately define the solutions. He feels that based on his years of experience with a software provider, he has a whizzbang technology. The approaches add waste and increase risk when companies think that they are investing in solutions to do the opposite.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

Supply Chain Shaman

NOVEMBER 21, 2022

Definition of Confirmation Bias. As a developer working on the braking software of an automatic car for the past eight years, he constantly tells me that it is not easy, and all of the estimates are too waaaay too positive. However, the prior beliefs of functional efficiency delivering supply chain excellence linger. Next Steps?

Supply Chain Planning Software 376

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 376

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. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

SCMDOJO

OCTOBER 23, 2024

In this blog, we will explore and compare the supply chain courses available on both platforms, diving deep into aspects such as focus and specialization, pricing, availability of practical tools, ease of use, and more. Pricing Structure Affordable pricing, with annual access to purchased courses and practical resources through Pro Plan.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 93

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. Coupa also offers a robust, market share leading, supply chain design solution.

Supply Chain Design Software 273

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 273

Supply Chain Shaman

SEPTEMBER 24, 2018

<Bear with me… > Here I share a nine-step process in an attempt to help companies unravel the process for buying supply chain planning software. They center on how to make a good decision in the purchase of supply chain planning solutions. Get a cup of coffee. This is a long post. <Bear

Supply Chain Planning Software 252

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 252

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

Supply Chain Shaman

JULY 23, 2023

The order latency is the time from purchase by the end consumer to the visibility of the order. For example, when a product at retail is purchased, the shelf is replenished from backroom stock. Let’s start with a definition of concurrency. I find that it is a frequently used term with many different definitions.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 369

Logistics Viewpoints

MARCH 9, 2023

End-to-end supply chain visibility, planning, and execution support software are critical in agile supply chain performance. The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 283

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 283

Supply Chain Shaman

SEPTEMBER 30, 2012

They excel in the four Ps of marketing. In contrast, a market-driven organization connects bidirectionally market-to-market to orchestrate the signals to shape demand and mitigate risk (buy-side to sell-side and back). These tools only answer the questions that we know to ask. We have built transactional buying relationships.

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Network Software 319

Supply Chain Shaman

JUNE 20, 2014

However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied. Let’s start with a definition. Today, in many organizations, these solutions are legacy.

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 366

Supply Chain Shaman

OCTOBER 29, 2014

Here are the three questions that I would like people to ask: Table 1: Comparison of Results for Best of Breed Solution Providers to ERP Expansionists in Supply Chain Planning. The first evolution of technologies were built by best-of-breed solution vendors. This new solution was favored by the Information Technology (IT) organization.

Supply Chain Planning Software 379

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 379

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The initial software product release name was Real-Time Forecasting. E2open sells a cloud-based solution for network collaboration. History of Terra Technology.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

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 not a lot of structure,” Mr. Henson explained.

Procurement Solutions 105

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

Supply Chain Shaman

JANUARY 8, 2014

He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Which metrics do you think matter to supply chain excellence? The ultimate metric of success used by Starbucks was the percent of coffee purchased from CAFE Practices verified farmers.

Procurement Analytics 279

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 279

Supply Chain Shaman

MARCH 12, 2019

The confusion starts when a supply chain leader states the need for improved visibility without a clear definition. As a result, when I was a Gartner analyst and technology providers would provoke me to write a Magic Quadrant on visibility solutions, I would laugh. Control tower , by definition, is similar.

Prescriptive Analytics Software 220

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 220

Supply Chain Shaman

JUNE 21, 2023

Before you react, here are some definitions. Today’s risk management solutions focus largely on supply sensing and early alerting. Some solutions now include proactive event management driving recommendations to correct/prevent disruption. Demand latency is the time cycle to translate a channel purchase to an order.)

Gartner 424

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 424

Supply Chain Shaman

DECEMBER 23, 2014

If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. Aggressively design and test products online and then bring the data into your forecasting tools to predict sales of new products by channel. Don’t fool yourself. 2) Endless Aisles Need Boundless Fulfillment.

Packaging 332

Packaging Inventory Reduction Supply Chain Design Software San Francisco 332

Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Somewhat nailed it.

Predictive Analytics Software 295

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 295

Supply Chain Game Changer

APRIL 15, 2020

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Procurement Solutions 111

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 111

Supply Chain Shaman

DECEMBER 17, 2018

Nick Lynch is the Global Excellence Manager at Shell Lubricants, a division of Shell Global. It is just not enough to do a software upgrade or slowly push continuous improvement projects. What can often look like compliance in APO could actually be numbers calculated in Excel and posted into the SAP system.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

Supply Chain Shaman

JUNE 14, 2014

Our current processes and dependencies on Excel spreadsheets cannot get us to our goal. E2open last week announced the purchase of Serus. This purchase increases E2open’s capabilities for visibility into the processes of the outsourced semiconductor network of foundries. The Kinaxis model is an enterprise solution.

Manufacturing Procurement 345

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 345

Supply Chain Insights

JUNE 12, 2017

Supply Chain Insights has just started a six month Putting Together the Pieces study on demand planning solutions. As we were preparing the questions to ask demand planning solutions providers, I realized I wasn’t quite clear on the differences between software deployment options. On-Premise. Cloud-Hosted.

Supply Chain Planning Software 125

Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software Optimization Software 125

Precoro

APRIL 6, 2022

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. What is Cloud Procurement? Let's start with a quick definition of cloud computing. Three Categories of Cloud Procurement.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

ivalua

JUNE 29, 2020

According to 2019 Definitive Healthcare data, U.S. Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

FEBRUARY 27, 2020

Older men buy less underwear than younger males and their packaging was not as attractive to the female shopper buying for the family. The company sold on Amazon, operated its own website, managed outlet stores, and could purchase end-aisle displays in major retail chains. Early solutions were not scalable.).

Analytics Software 269

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 269

Talking Logistics

AUGUST 31, 2017

Almost by definition, every project is different — different suppliers, different materials and components, different locations and product flows, and different requirements and constraints. However, prior to implementing their current solution from Axit, this was all done via Excel spreadsheets, as Ms.

Case Study 124

Case Study Eliminating Excel in Purchasing Study Supply Chain Design Software 124

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

RFgen

DECEMBER 19, 2024

Here’s what you can expect: A clear definition of warehouse optimization and its core components. Eight proven optimization strategies, combining technology, best practices, and sustainable solutions. If you are using a legacy system, switching to an automated data collection solution like RFgens IMS may be the first step.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Logility

MARCH 24, 2021

The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. What is needed is a single, integrated planning solution that unites short-, medium-, and long-term planning under one system.

Supply Chain Planning Software 176

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 176

Supply Chain Shaman

MAY 2, 2016

Software maintenance costs are rising for the CIO. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. They must evolve existing platforms to continue to fund their solutions; but at the same time, they realize that they are not serving the greater need of the market to reinvent the supply chain.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

Supply Chain Shaman

APRIL 15, 2015

As shown in Figure 1, users are more satisfied, the implementations are shorter and there is greater Return on Investment of solutions from Best-of-Breed solution providers—especially if the best-of-breed solution providers used are industry-specific. Consultants recommended the solutions by SAP and Oracle. The reason?

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

JUNE 29, 2016

The network senses, translates, and orchestrates market changes (buy and sell-side markets) bi-directionally with near-real time data to align sell, deliver, make and sourcing organizations outside-in. Thoma Bravo purchased Elemica in June 2016. The solutions evolved from different funding models.

Supply Chain Network Software 186

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 186