Precoro

JULY 4, 2025

While both procurement strategies have their uses, don’t spend precious time debating single source vs. sole source. We’ve created a helpful guide that explains the sole sourcing definition and the meaning of single sourcing, packed with benefits, challenges, and examples of each.

Purchasing Skills

Talking Logistics

DECEMBER 16, 2015

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Terrorism : The recent terrorist attacks in Paris and San Bernardino, coupled with the ongoing instability in Syria and Iraq and the spread of ISIS, have raised the risk for terrorism-related supply chain disruptions in 2016.

Predictive Analytics Software

Logistics Viewpoints

JANUARY 26, 2021

The definition of agility and resilience will continue to evolve. The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. There are Also Commercial Reasons.

Agile and Lean Supply Chain

Supply Chain Shaman

JUNE 21, 2023

While companies talk digital, the projects follow traditional supply-centric paths. Before you react, here are some definitions. Today’s risk management solutions focus largely on supply sensing and early alerting. ” And, “Why are we only discussing supply risk versus analyzing demand and channel risks?

Gartner

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

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

Logistics Viewpoints

MAY 3, 2021

There have been extensive supply chain disruptions caused by the global coronavirus pandemic. These disruptions have elevated the supply chain function to the boardroom level. It is now understood that supply chain agility is imperative. OpenText Touts Business-to-Anything Integration.

Agile and Lean Supply Chain

Talking Logistics

MARCH 6, 2015

New JDA Capabilities Help to Deliver a Seamless Response to Supply Chain Disruptions. UPS Accelerates Use of Routing Optimization Software to Reduce 100 Million Miles Driven. Ports Gridlock Reshapes the Supply Chain (WSJ – sub. Amber Road Acquires ecVision. FMCSA Should Heed Calls to Fix CSA (ATA).

Logistics Network Optimization Software

Supply Chain Opz

JANUARY 7, 2013

Surprisingly, IT research firm Gartner ranks Apple Supply Chain as the best supply chain in the world for 4 years in a row. Without a doubt, Apple Inc is the world leader in Innovation, Branding and Software Ecosystem. But, is Apples Supply Chain really the number 1? 1) Apples Supply Chain Model.

Case Study

ToolsGroup

FEBRUARY 28, 2023

That’s why we eat, sleep, and breathe innovation and never stop looking for ways to help our customers get the most out of their partnership with us and make their supply chains a force for good in the world. Key Takeaways The SO99+ Supply Chain Planning Solution is the market leader in dynamic planning.

Supply and Demand

SCMDOJO

SEPTEMBER 8, 2023

MRP plays a pivotal role in achieving this balance: Inventory Optimization : MRP ensures that businesses have just the right amount of inventory—neither too much that it leads to increased holding costs, nor too little that it disrupts production. This metric ensures that production and purchasing activities are timely and efficient.

Procurement Analytics

Logistics Bureau

AUGUST 7, 2023

In this article, we’ll look at some of those challenges and explore potential solutions to help you and your IM team meet the burgeoning demand for fast and accurate order fulfilment. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software

Precoro

FEBRUARY 12, 2024

Objectives of liquidity management are to ensure that the business has cash on hand to fulfill its financial obligations and weather the storm during both anticipated and unexpected events, like supply chain disruption or abrupt drop in sales, without enduring significant losses. Let’s explore how.

Optimal Sourcing

Unleashed

NOVEMBER 10, 2021

The report analyses over 79,000 data points from UK manufacturers that use Unleashed software. Profit margins have remained stable over 2020–2021, suggesting that changes to trade with the EU – along with other issues like supply chain disruptions – have not had a major impact on manufacturers’ margins.

Manufacturing Procurement

Enterra Insights

MAY 16, 2022

Andrew Kinder ( @Kinder_ai ), a Senior Vice President of industry and solution strategy with Infor, insists, “COVID-19 has taught manufacturers a bitter lesson. The global supply chain doesn’t adjust well to unexpected or unusual incidents — so-called black swan events. Improve supply chain visibility.

Supply Chain Planning Software

Unleashed

MAY 1, 2023

An inventory control chart is an immensely helpful tool for demand forecasting and inventory management. The definition of inventory control chart is a chart that displays the lifecycle and replenishment factors of a product being sold by a business. It helps businesses determine when to reorder stock, and how much of it to order.

Inventory Reduction

Unleashed

JULY 25, 2023

Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold. It helps you to make better purchasing, manufacturing , pricing, and marketing decisions based on the data revealed. What is a good inventory turnover ratio?

Inventory Reduction

Supply Chain Opz

JUNE 1, 2014

In order to streamline the delivery, Coca-Cola implemented a vehicle routing software. The reason is that is the software vendor has a very good relationship with Coca-Cola''s legacy ERP software vendor. Managing transportation at this scale is the absolute challenge.

Case Study

Unleashed

AUGUST 20, 2023

There are many definitions for lead time in supply chain management. For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier.

Manufacturing Procurement

NC State SCRC

JUNE 15, 2021

The SCRC’s Supply Management Maturity Index was highlighted in a recent Wall Street Journal article , that identified the companies best prepared to weather the storm ahead in terms of supply chain disruptions. As one manager noted, “Supply market intelligence may be the only competitive advantage of the future!”.

Optimal Sourcing

Enterra Insights

MARCH 24, 2022

“If you’re looking for a sudden return to a normal, pre-pandemic operating environment,” writes Matt Gunn ( @mattgunn ), Vice President for solutions marketing at Slync.io, “keep waiting.”[4]. ” Difficult as it may be, supply chain professionals need to plan for the future. ”[4].

Supply Chain Planning Software

Precoro

JUNE 17, 2024

Supply disruption is defined as any unforeseen event that disturbs a supply chain's normal flow of goods and materials. Such disruptions can result in production disruptions, hampered productivity, and major negative consequences for business operations. Hedge against currency fluctuations.

Supply Chain Planning Software

ToolsGroup

JUNE 27, 2022

Vertical Integration in Supply Chain: To Integrate or Not To Integrate? Necessity of Supply Chain Planning Software in Vertical Integration. Vertical integration is defined as the process through which one company gains control over two or more stages of production or distribution in its supply chain.

Price Reduction

QAD

MARCH 30, 2023

Labor shortages, inflationary pressure, recessionary risk and supply chain disruption will all persist, at least to some degree, through 2023 and we all know there’s no sure way to safeguard your operations. Manufacturers can also use RFID to work effectively with suppliers and minimize supply chain disruption.

Manufacturing Procurement

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. Going Digital to Interact with Your Ecosystem. blockchain), and video-based collaboration/content sharing.

Agile and Lean Supply Chain

Jaggaer

JUNE 28, 2024

The topic under discussion was current challenges in direct procurement. I sincerely believe that procurement has a leading role to play in this transformation, and doing so calls for a true balancing act. Pre-pandemic, nobody outside procurement and supply chain management ever mentioned it. No pressure, then!

Manufacturing Procurement

Unleashed

JANUARY 4, 2022

Businesses learnt to adapt to the rapidly evolving retail landscape by leveraging the tools and trends that have shaped an overwhelming year for multichannel eCommerce retail. Here we give you the definitive list of multichannel eCommerce trends for 2022.

Trends

Vanguard Software

SEPTEMBER 7, 2021

Let’s face it; we are in the throes of learning a brutal lesson: Keeping a supply chain resilient is just as important as keeping it lean. And that means we must now include in our definition of lean: efficient, agile, and elastic. Omnichannel solutions continue to be in customer demand.

Supply Chain Planning Software

Logistics Bureau

MAY 24, 2021

That is the level to which each SKU quantity must fall before your inventory management system either notifies you with a reminder to reorder or initiates a purchase order autonomously. The solution to the formula gives you a nominal recommendation for the level of safety stock to carry. Know Your Turnover Ratios.

Inventory Reduction

ThroughPut

DECEMBER 5, 2023

Let’s start with the definition. Improved supply chain resilience is another massive benefit of accurate demand forecasting. By accurately predicting future demand, businesses can better prepare for potential disruptions, such as supply chain disruptions, natural disasters, or changes in consumer behavior.

Supply and Demand

Logistics Bureau

JANUARY 1, 2025

Least attention is paid to this category for the purpose of stock control and planning and procurement decisions for such items may be automated. Acknowledgement: In purchasing, acknowledgement is the term used to describe a suppliers confirmation that the buyers purchase order has been received, and hence, that the order is accepted.

Supply Chain Planning Software

Taulia

JULY 5, 2021

As demand for the movement of goods across the globe and rapid delivery expectations become the norm, businesses seek ways to simplify their supply chain management. This article elucidates VMI, starting with a concise definition before discussing the difference between VMI and traditional inventory management.

Vendor Strategies

USC Consulting Group

NOVEMBER 11, 2020

Citing the definition that Lean Enterprise Institute uses, the publication noted that lean manufacturing is all about changing “the focus of management from optimizing separate technologies, assets, and vertical departments to optimizing the flow of products and services through entire value streams.” Kimberley-Clark Corporation.

Manufacturing Procurement

RFgen

FEBRUARY 28, 2023

Part 1: Understanding Supply Chain Traceability To begin with, we will define what supply chain traceability is and explain why it is important to businesses and consumers. Consumer Tracking Consumer tracking involves tracking the movement of a product after it has been purchased by a customer.

Supply Chain Planning Software

Arena Solutions

MAY 5, 2022

If you are running pop-up blocking software, you will need to disable that to view the webinar. She has used Arena PLM for the past 19 years and has benefited from its evolution into a world-class tool that has allowed her to provide excellent support to her employers. George Lewis Thanks again everybody for sharing your experience.

Supply Chain Design Software

Supply Chain Shaman

SEPTEMBER 5, 2022

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. Greatest Issues of Supply Chain Leaders in the Period of March 2020 to July 2022.

Supply Chain Planning Software

Logistics Viewpoints

OCTOBER 22, 2021

Jay Foreman, the chief executive of toymaker Basic Fun came up with an interesting solution. IKEA warns supply chain disruptions likely to last into 2022. IKEA is also leasing more ships, buying containers and re-routing goods between warehouses to combat supply chain disruptions.

Logistics Network Optimization Software