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

Precoro

JUNE 3, 2025

Businesses often use it in retail and purchasing. Category management isn’t just another procurement trend. It’s a way for companies to group similar goods or services (like IT infrastructure, facilities, or raw materials) and manage them holistically instead of handling every purchase in isolation.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

Logility

MARCH 21, 2024

During this time, the same AI tools that underwrite new technologies have been key in improving efficiency and optimizing all areas of logistics and supply chain processes including forecasting, supply planning, inventory management, manufacturing, network optimization, and more.

Optimal Sourcing 227

Optimal Sourcing Supply Chain Planning Software Modeling Software Inventory Reduction 227

RFgen

NOVEMBER 13, 2024

Key components of mobile inventory management include: Smartphone app: Allows field agents to log information, analyze metrics, and manage tasks even in remote areas with limited connectivity. It puts you in control of your stock, allowing for optimized inventory levels, better demand forecasting, and improved purchase planning.

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

crisp

DECEMBER 15, 2021

A recent survey of procurement leaders showed a 15-20% increase in ROI when using data and analytics to make decisions. That same survey showed that up to 50% of procurement teams’ time was spent looking for data. These ‘ driver metrics ’ can give you an early signal to act on before your outcome is impacted.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Supply Chain Strategy 98

Supply Chain Game Changer

JULY 21, 2021

Supply chain key performance indicators and metrics are ways in which someone can quantify the performance of their company’s supply chain to gain a better understanding of its strengths and weaknesses. It encompasses all of the supply chain costs associated with your products such as sourcing, producing, transporting, storing (etc).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

Unleashed

MAY 7, 2024

Sustainable manufacturing is about product creation that doesn’t deplete natural resources or harm the environment. It’s a blend of innovative technologies and eco-friendly practices that companies might implement, including the use of renewable energy sources, recycled materials, and more durable product designs which are easier to repair.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

Unleashed

MAY 9, 2024

Measuring and improving manufacturing efficiency is a great way to trim down production costs. Put simply: the more efficiently you manufacture goods, the more profitable your business becomes. With the right systems in place – and continuous monitoring – you can improve manufacturing efficiency across all your key workflows.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

Unleashed

JANUARY 14, 2024

Manufacturing inventory management is crucial to the success and profitability of your manufacturing operations. It refers to the process of purchasing, storing, and tracking the various goods required to build a product. In this manufacturing inventory management guide What is manufacturing inventory management?

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Inventory Reduction Inventory Management 52

Supply Chain Insights

MAY 17, 2017

If they ask you for your email address, they will know in a heartbeat everything you have looked at (on their corporate website for sure), purchased, or put into your shopping cart and did NOT purchase. By most metrics, trade promotion effectiveness is hovering around 60% for both retailers and suppliers.

Procurement Solutions 110

Procurement Solutions Predictive Analytics Software Modeling Software Supply Chain Planning Software 110

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Supply Chain Planning Software Handbook 52

ThroughPut

APRIL 10, 2020

From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. This involved procurement, maintenance, and transportation of military facilities, services, materials, and personnel.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Manufacturing Procurement Handbook Supply Chain Planning Software 52

ThroughPut

APRIL 21, 2020

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? from 2019 to 2026.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Material Savings 52

ThroughPut

APRIL 21, 2020

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? Reduction of wastage.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Material Savings 52

ThroughPut

APRIL 21, 2020

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? Reduction of wastage.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Material Savings 52

ThroughPut

MARCH 11, 2024

What is Manufacturing Operations Management? Manufacturing Operations Management (MOM) is a long-term holistic solution that gives complete visibility into plant floor operations to help consistently improve manufacturing operations performance. What is Manufacturing Operations Management Software? from 2019 to 2026.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Handbook Supply Chain Planning Software 52

crisp

MAY 21, 2025

Multinational food ingredient manufacturer Kerry , for example, demonstrates this power through its Trendspotter AI platform, which analyzes millions of data points from global media content to identify emerging food and beverage trends and develop products in as little as 2 months compared to traditional timelines of 6-9 months.

Inventory Reduction 40

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Supply Chain Strategy 40

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ThroughPut

MAY 3, 2024

From a manufacturing perspective, the best logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. It now shares similarities with Supply Chain Management Software (SCMS), to help deal with manufacturing operations, processes, vendors and suppliers.

Procurement Solutions 52

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

Talking Logistics

MAY 22, 2018

It’s the reason why On Time In Full (OTIF) is a critical supply chain metric today. Transplace TMS Screenshots (source: Transplace). It’s the reason why P&G, Home Depot, and Target are all redesigning their supply chain and fulfillment networks.

Supply Chain Planning Software 130

Supply Chain Planning Software Estonia Logistics Network Optimization Software Predictive Analytics Software 130

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.

Supply Chain Design Software 116

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 116

Arkieva

JANUARY 27, 2017

While it is nice to envision supply chains in 2020 or 2030 the truth is; for many manufacturing businesses, discussions about future supply chain innovations, often leads to a “yeah.right,” smirk by supply chain executives – this with good reason. This looks at all the businesses’ current manufacturing and supply chain processes.

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 60

TrackVia

MARCH 25, 2024

They’re the tools that are quietly changing the game across different industries, from construction and healthcare to manufacturing and field services. Request Free Demo In the fast-paced realm of manufacturing and logistics, mobile workflows are the secret weapon for staying ahead of the competition.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Supply Chain Design Software Waste Reduction 105

ivalua

JULY 7, 2025

Invoice Automation: Its Role in Procurement and Finance At a Glance You’re here for the top solutions – but first, it helps to understand what the best invoice automation software actually solves. Find Out More. Paying at the right time doesn’t mean paying early, it’s about paying at the best time for your cashflow.

Procurement Solutions 130

Procurement Solutions Analytics Software Supply Chain Network Software Modeling Software 130

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Manufacturing : An essential aspect of sustainable supply chain manufacturing is monitoring energy consumption as a function of production volume.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Precoro

FEBRUARY 27, 2023

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. Spend analysis involves spend visibility , spending review , and procurement process improvement. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Procurement Analytics Optimal Sourcing 52

Arkieva

AUGUST 8, 2016

Source: Commerce Dept. Source: SupplyChainDigest. Source: Supply Chain Shaman. Source: EBN. Manufacturers, with interdependent global supply chains, are faced with the challenge of employing effective global risk management strategies that encompass a full view of both external and internal risk factors.

Sourcing Strategies 60

Sourcing Strategies Inventory Reduction Supply Chain Planning Software California 60

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Reshaping the manufacturing world to meet new demands. Historical data method. Demand sensing method.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Unleashed

JULY 16, 2024

Bill of materials software is a specialist tool used in contemporary manufacturing operations to manage and document all components and processes essential to manufacturing a product. Subscription fees can add up over time making cloud-based solutions potentially become more expensive than a one-time purchase of on-premises software.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Analytics Software Supply Chain Design Software 52

Hybrent

FEBRUARY 6, 2019

Then I’d go back to my computer and go into our old system to make purchase orders for each of up to ten different vendor companies. The Hybrent application instantly searches all distributors and manufacturers for the optimal price and product availability. Request a Demo. Ready to Update Your Supply Chain?

Case Study 60

Case Study Study Price Reduction Vendor Strategies 60

Precoro

AUGUST 15, 2022

ERP or enterprise resource planning is software companies use to automate core business processes and integrate their functions, such as accounting, project management, procurement, and supply chain operations, into a single system. Improved Collaboration.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Procurement Solutions Optimization Software 52

ThroughPut

AUGUST 24, 2021

However, the pandemic upended all processes that involved manufacturing, supply, and delivery of goods. This scenario raises the question: “How do we build systems that enable better demand planning for manufacturers, and what are the processes that support these?”. Why do you need new-age demand sensing to solve modern problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

crisp

SEPTEMBER 6, 2023

Environmental Protection Agency (EPA) mandated annual greenhouse gas emissions (GHG) reporting for organizations emitting over 25,000 metric tons of GHGs per year, and those in specific industries like vehicle manufacturing and industrial gas. Example: The tea company purchases a new truck and factory.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

ThroughPut

MARCH 24, 2024

However, the pandemic upended all processes that involved manufacturing, supply, and delivery of goods. This scenario raises the question: “How do we build systems that enable better demand planning for manufacturers, and what are the processes that support these?” Why do you Need Modern Demand Sensing to Solve Modern Problems?

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

ThroughPut

OCTOBER 14, 2021

To marshal worldwide objectives of scalable and transformative urbanization, cement manufacturers need to look at intelligent supply chain logistics. In a globally operational construction supply chain, losing vendors can be hazardous in the monopolized landscape of cement manufacturing. Outdated Logistics Models.

Vendor Strategies 52

Vendor Strategies Inventory Reduction Resource Reduction Cost Reduction Strategies 52