Silvon Software

MAY 6, 2025

Analytics and business intelligence (BI) are no longer optionaltheyre essential. They need visibility across multiple internal systemslike ERP, CRM, and financial platformsand even external sources shared with suppliers, partners, and customers. Think of it as the central nervous system of your analytics ecosystem.

Prescriptive Analytics Software 89

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

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

NOVEMBER 11, 2020

The discipline, first defined in 1982, includes source, make, deliver, and planning functions. This is true even though we are not clear on the definition of next-generation processes. One of my favorite supply chain leaders has a stack of Palantir reports in black binders on his desk. Kinaxis Purchase of Rubikloud.

Supply Chain Design Software 362

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 362

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

Procurement Academy

JANUARY 16, 2025

Looking to improve operations and achieve cost savings within your procurement processes? Perhaps you already have a process audit report, or are interested in discovering how it could benefit you and streamline your operations. What is the Purpose of a Process Audit Report?

Procurement Analytics 52

Procurement Analytics Sourcing Strategies Optimal Sourcing Negotiating Skills 52

Supply Chain Shaman

DECEMBER 7, 2023

We are not clear on definition. Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. Align on definitions. The reason? The result was restatement.

Supply Chain Design Software 395

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 395

Supply Chain Shaman

NOVEMBER 21, 2022

Definition of Confirmation Bias. So, I smile, catch my dinner partner’s eye and ask, “In our prior conversations, you mentioned the lack of clarity on the definition of supply chain excellence in your current deployments and how this is a barrier to implementing supply chain planning properly. Are the plans executed?

Supply Chain Planning Software 376

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

Supply Chain Shaman

MARCH 12, 2019

The confusion starts when a supply chain leader states the need for improved visibility without a clear definition. The IT taxonomy for visibility is supply chain analytics. In 2004-2006, Greg Aimi (now a Gartner analyst) and I worked on a common definition of visibility for over a year. Visibility Maturity Model.

Prescriptive Analytics Software 220

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 220

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 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

Supply Chain Shaman

MAY 26, 2023

Primed for transactional efficiency, these legacy architectures based on relational databases drive order-to-cash and procure-to-pay efficiencies. Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. Let’s start with a basic definition.

Optimal Sourcing 369

Optimal Sourcing Modeling Supply and Demand Manufacturing Procurement 369

Supply Chain Shaman

JUNE 14, 2014

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. 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.

Manufacturing Procurement 345

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 345

Precoro

JUNE 3, 2025

Definition: Category management is a systematic way to organize and supervise groups of products or services within a company. Businesses often use it in retail and purchasing. Category management isn’t just another procurement trend. Category management isn’t just another procurement trend.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Jaggaer

FEBRUARY 5, 2025

Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?

Negotiating Skills 52

Negotiating Skills Purchasing Skills Sourcing Strategies Optimal Sourcing 52

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

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 284

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 284

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Supply Chain Shaman

APRIL 17, 2013

Source Merriam-Webster Dictionary. The market shift is towards analytics, but this new market is confusing. The first definition of Demand-driven Supply Chains was pushed into the market by AMR Research (now part of the Gartner Group) in 2004. Data model structures are the difference between success and failure.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

Precoro

MAY 13, 2025

  In this guide, we’ll explore what cost efficiency is, examples, and best practices on how cost efficiency can make your company more competitive and profitable in today's fast-paced economy. Keep reading to learn: Cost-efficient vs. cost-effective: What's the difference?

Sourcing Strategies 45

Sourcing Strategies Cost Reduction Strategies Purchasing Skills Negotiating Skills 45

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 Optimal Sourcing 98

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 269

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

QAD

MAY 1, 2025

In todays complex and often volatile global environment, procurement leaders face mounting pressure to cut sourcing costs while navigating geopolitical instability, inflation, tariffs and talent shortages. The truth is, sourcing smarter isnt just about softwareits about strategy, support, and best practices.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Purchasing Skills Optimal Sourcing 52

Logistics Viewpoints

MARCH 9, 2023

This is because most classical planning solutions lack the modeling capability and computing power to accommodate different data sources, large SKU count, and detailed constraints and contingencies to build an immediately executable plan. 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

QAD

JUNE 25, 2019

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Whether you measure purchase orders or customer orders—and you should do both—high numbers indicate problems in your inventory planning and flow.

Procurement Analytics 111

Procurement Analytics Metrics Inventory Reduction Inventory 111

Supply Chain Shaman

FEBRUARY 14, 2022

I wrote my first report on Sales and Operations Planning (S&OP) while sitting on the floor in the Atlanta airport in 2005 when I was an AMR Research analyst. I wrote many reports on airport floors in those days–electrical plugs were just too scarce.) Sales and Operations Maturity Model from 2005-2008. Mistake #3.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Opz

JANUARY 7, 2013

Annual Report (SEC Filing) is analyzed and simplified supply chain processes are constructed as below, Supply Chain Planning at Apple Inc. Information from the annual report is also used to produce the Apple Supply Chain Map. Apple Inc purchases raw materials from various sources then get them shipped to an assembling plant in China.

Case Study 279

Case Study Study Negotiating Skills Supply Chain Planning Software 279

Supply Chain Game Changer

NOVEMBER 24, 2018

10 Different Definitions! For his entire career my Father worked in the field of Procurement. But the job titles that he had during his career alternatively included either the word Procurement or the word Purchasing. But was that Procurement or was it Purchasing? What exactly is Procurement?

Procurement Analytics 76

Procurement Analytics Purchasing Skills Optimal Sourcing Negotiating Skills 76

crisp

OCTOBER 21, 2024

Retailers’ investments in AI to realize this value have led to two key developments: consumer technology that personalizes shopping experiences and drives purchase behavior; and new, more robust data infrastructure and reporting solutions to drive supplier success.

Procurement Analytics 40

Procurement Analytics Analytics Software Predictive Analytics Analytics 40

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

Supply Chain Shaman

JUNE 21, 2023

Before you react, here are some definitions. Almost two decades of reporting. Demand latency is the time cycle to translate a channel purchase to an order.) Figure 1: Definition of Planning Horizons Wrap-up The supply chain planning technology space is ripe for disruption. As I listen, I struggle.

Gartner 424

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

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) I did not think that anyone had a clear definition of supply chain excellence. My desire was to make the rankings of the Top 25 supply chain report data-driven based on balance sheet results. Using new technologies in traditional process definitions reduces the potential for value enablement.

Gartner 221

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 221

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

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

Logistics Viewpoints

JULY 6, 2022

That article stated that Target, Walmart, and others recently reported during earnings calls that they have too much inventory in certain item categories and that the cost of holding inventory is negatively impacting their profit margins. Conclusion: Whiplash not Bullwhip Effect.

Inventory Reduction 307

Inventory Reduction Inventory Retail Purchasing Skills 307

Silvon Software

APRIL 16, 2025

Striking the perfect balance between available stock and cost efficiency is key. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. Get it wrong, and you risk financial strain and fulfillment headaches. Why is GMROI important?

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 120

RFgen

DECEMBER 19, 2024

Here’s what you can expect: A clear definition of warehouse optimization and its core components. An in-depth look at the tangible benefits, from cost reduction to increased customer satisfaction. Data-Driven Decision Making : Using analytics to continuously refine operations.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

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