Precoro

JULY 4, 2025

The difference between sole source vs. single source is on the surface. In single sourcing, your company selects a single supplier exclusively , even though there are other capable suppliers on the market. In sole sourcing, you don’t have a choice —only one supplier can provide what you need. The reason?

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 59

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

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 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

Freight Waves

JULY 12, 2025

trade and support domestic manufacturing. Many importers halted purchases from the U.S.’s Holding the ball All of this uncertainty has left supply chain managers in a difficult position, balancing how much inventory to procure, how much it will cost, and how much they’ll actually need as consumer health remains in question.

Purchasing Skills 124

Purchasing Skills Manufacturing Procurement Forecasting Inventory 124

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

ThroughPut

OCTOBER 10, 2024

Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations. Sourcing Procurement of spare parts is complex, requiring careful consideration of factors such as customer demand, supplier risks, compliance, and delivery times.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

ThroughPut

OCTOBER 18, 2024

ThroughPut AI: Best for supply chain analytics and decision intelligence WATCH ON-DEMAND THROUGHPUT AI DEMO With Artificial Intelligence (AI) and Machine Learning (ML), a very powerful force comes into play in your supply chain decision-making processes with ThroughPut AI.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Analytics Software 52

OptiProERP

JULY 15, 2025

For manufacturers and distributors using OptiProERP, which is built on SAP Business One, these AI innovations deliver tangible benefits. With this foundation, SAP Business One is evolving to include more AI capabilities across finance, supply chain, sales, and manufacturing processes. Ready to Explore the Power of AI in Your ERP?

SAP 52

SAP Predictive Analytics Software Supply Chain Planning Software Analytics Software 52

ThroughPut

MAY 20, 2025

In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders. This slows down response times, and also increases the chances of inaccuracies due to human error/bias. Business Challenges Addressed by ThroughPut.AI

Inventory Management Software 52

Inventory Management Software Inventory Reduction Prescriptive Analytics Software Supply Chain Planning Software 52

ThroughPut

MAY 20, 2025

In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders. This slows down response times, and also increases the chances of inaccuracies due to human error/bias. Business Challenges Addressed by ThroughPut.AI

Inventory Management Software 52

Inventory Management Software Inventory Reduction Prescriptive Analytics Software Supply Chain Planning Software 52

Arena Solutions

DECEMBER 17, 2024

Ecosystem in Practice: Building a Best-In-Class Manufacturing Tech Stack Full Transcript Below: Rony Kubat All right. We found that a lot of our customers have just kind of started doing the smart manufacturing and digitization of operations, so these partnerships are new. Good afternoon, everyone. My name is Rony Kubat.

Manufacturing Procurement 52

Manufacturing Procurement Analytics Software Modeling Software Supply Chain Network Software 52

ThroughPut

JULY 14, 2025

A lot of companies need to re-examine every item that they sell and source, especially whether it makes sense to stress-test pricing or eliminate the offering altogether. Together, we’re enabling enterprises to act faster – and with confidence – across sourcing, logistics, finance, and supply chain resilience.”

Optimal Sourcing 52

Optimal Sourcing Price Reduction Inventory Reduction Resource Reduction 52

ThroughPut

JULY 14, 2025

A lot of companies need to re-examine every item that they sell and source, especially whether it makes sense to stress-test pricing or eliminate the offering altogether. Together, we’re enabling enterprises to act faster – and with confidence – across sourcing, logistics, finance, and supply chain resilience.”

Optimal Sourcing 52

Optimal Sourcing Price Reduction Inventory Reduction Resource Reduction 52

QAD

MAY 6, 2025

As a former buyer specialist turned Presales consultant for QAD, Ive seen firsthand how Supplier Relationship Management (SRM) solutions can transform procurement processes. Moreover, we were unable to carry out the buyer’s most crucial action: sourcing appropriately with suppliers on the platform.

Supply Chain Design Software 52

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Precoro

APRIL 14, 2025

The invoice includes a professional logo, fake contact details, and references to a nonexistent purchase order. Manufacturing Varied components: Manufacturing units source multiple components from various suppliers, a scenario that can be exploited with duplicate or fake invoicing.

Supply Chain Design Software 51

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Vendor Strategies 51

Exiger Perspectives

APRIL 28, 2025

Schedule time with our team to book a meeting or connect for a demo. To build resilience, organizations must integrate AI-powered risk management with responsible and flexible sourcing practices. Come meet our experts at Gartner Supply Chain Symposium/Xpo and discover how AI can support your supply chain resilience.

Gartner 52

Gartner Supply Chain Planning Software Pharmaceutical Supply Chain Software 52

IT Supply Chain

JUNE 20, 2025

The 6 Best Industrial Marking Machine Manufacturers By Claire Lloyd (pictured) Content Writer 124 Views Industrial marking machines help companies maintain accuracy, efficiency and compliance. Manufacturers rely on these machines to keep workflows running smoothly and avoid costly errors or rework. Telesis Technologies, Inc.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Supply Chain Network Software 52

Freightos

MAY 7, 2025

The tariff hike has driven a sharp drop in China – US container flows with manufacturing in China also being negatively impacted. Many US importers have paused orders out of China, but shippers (as well as manufacturers) can hold out only so long before consumers will start to see empty shelves or higher prices.

Negotiating Skills 156

Negotiating Skills Price Reduction Manufacturing Procurement China 156

Freightos

MAY 12, 2025

So while the 145% tariffs drove a drop of 35% or more in China-US ocean volumes since early April, were likely to see a significant demand rebound in the near term as shippers replenish inventories that may have started to run down in the past month and as many Chinese manufacturers have high levels of finished goods already ready to ship.

Inventory Reduction 218

Inventory Reduction China Analysis Freight 218

Exiger Perspectives

APRIL 15, 2025

Schedule time with our team to book a meeting or connect for a demo. To build resilience, organizations must integrate AI-powered risk management with responsible and flexible sourcing practices. Come meet our experts at Gartner Supply Chain Symposium/Xpo and discover how AI can support your supply chain resilience.

Gartner 52

Gartner Supply Chain Planning Software Supply Chain Software Pharmaceutical 52

Exiger Perspectives

JANUARY 29, 2025

The magnitude of exposure for many industries is evident in this chart: Taking cars and trucks imported into the US from Mexico as an example, Exigers Supply Chain Explorer identified over 1,400 companies that will be affectedincluding several major auto manufacturers. manufacturers and slowing progress in critical sectors, he says.

Material Savings 52

Material Savings Cost Reduction Strategies Expense Reduction Resource Reduction 52

ivalua

JUNE 24, 2025

If your procurement team is juggling multiple ERP systems, you’re likely spending more time chasing data than driving strategy. All of which diminishes procurement’s impact across your organization. Unified procurement drives real ROI and agility, along with improved compliance.

Manufacturing Procurement 130

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 130

The Logistics of Logistics

JANUARY 13, 2023

Trey is the Co-founder and CEO at Amplio , an Atlanta based tech firm that predicts and prevents material and parts shortage for companies in the electronic manufacturing space. Trey Closson is the Co-founder and CEO at Amplio, an Atlanta based tech firm builds supply chain resilience for electronics manufacturers. About Trey Closson.

Manufacturing Procurement 244

Manufacturing Procurement Optimal Sourcing Purchasing Skills Procurement Solutions 244

Supply Chain Shaman

NOVEMBER 11, 2020

Globally ten percent of jobs are in manufacturing, while 37% are associated with supply chain management. The discipline, first defined in 1982, includes source, make, deliver, and planning functions. Kinaxis Purchase of Rubikloud. The Rubikloud acquisition was a $60M cash purchase. Elemica Purchase by Eurazeo.

Supply Chain Design Software 362

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

Supply Chain Shaman

MARCH 7, 2017

3-D Printing: localization of manufacturing through the sharing of digital images using additive manufacturing. The 1610 SAP S/4 HANA release includes advancements in response management (allocation, ATP and order management) and procurement tracking and collaboration of purchase order workflows. It is a muddle.

Supply Chain Planning Software 180

Supply Chain Planning Software Supply Chain Design Software Prescriptive Analytics Software SAP 180

Freightos

APRIL 23, 2025

Home Introducing Freightos Enterprise: End-to-End Procurement, Benchmarking, and Management Freightos Enterprise unifies market intelligence, tender management, and shipment operations into one solution, enhancing logistics efficiency for large import-export businesses.

Optimal Sourcing 156

Optimal Sourcing Benchmarking Manufacturing Procurement Procurement 156

Supply Chain Shaman

NOVEMBER 2, 2018

At the time, we were both deployed as consultants for Manugistics to help a manufacturing company to implement end-to-end planning. There is no solution to optimize source, make and deliver together or drive bidirectional orchestration to execute trade-offs between functions automatically. A supply chain visibility demo.

Supply Chain Planning Software 170

Supply Chain Planning Software Supply Chain Network Software Manufacturing Procurement Supply Chain Design Software 170

Precoro

JULY 8, 2022

One should keep in mind that every transaction has an additional hidden cost in labor and overheads, such as the time spent sourcing products, tracking deliveries, matching invoices, and overseeing suppliers. In the article, we look critically at the role of the purchasing manager and discuss how to determine the value of hiring one.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

Resilinc

APRIL 17, 2024

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

Sourcing Strategies 110

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Sourcing 110

EC Sourcing Group

JUNE 17, 2020

Sourcing and Procurement in Supply Chain Management. The terms “ sourcing” and “procurement” in supply chain management are often used interchangeably, although they are not quite the same. Procurement is a process and one link in the chain of the supply chain. Procurement is one step in that process.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Purchasing Skills Supply Chain Design Software 52

QAD

FEBRUARY 29, 2024

In the dynamic world of manufacturing, the quest for operational excellence is unending. QAD’s Industrial Transformation Platform At the heart of QAD’s solution portfolio is the Industrial Transformation Platform , designed to empower manufacturing and supply chain enterprises to become Adaptive Enterprises.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Solutions 98

Logistics Viewpoints

OCTOBER 19, 2023

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. The table needs to be able to be manufactured and delivered to meet demand on time in full (OTIF), to achieve customer satisfaction.

Supply Chain Planning Software 307

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 307

The Logistics of Logistics

MARCH 18, 2022

Tom is the CEO and Co-Founder of SourceDay , a company that integrates with ERPs to automate purchase order (PO) changes and enable supplier collaboration. Tom Kieley is the CEO and Co-Founder of SourceDay, an Austin based technology company that automates purchase order (PO) changes and enables supplier collaboration.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Software Procurement Solutions Logistics Network Optimization Software 130

Supply Chain Game Changer

NOVEMBER 7, 2019

The artist explains: “This work attempts to bring out certain forms and structures by combining organic materials (earth, plants, vegetables, fruit, fish) and manufactured products (a pair of shoes, pigments used to colour the layers). Source: Deloitte CPO Survey 2018. Digitization vs. Digitalization.

Manufacturing Procurement 71

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement 71

ivalua

MAY 17, 2023

This year, our discussions covered Invoice Automation, Scope 3 Emissions, Contract Management, Supply Chain Collaboration, Indirect/Services Procurement, and Supplier Management–Customer of Choice. With the support of technology, procurement is well-positioned to help organizations adapt to today’s uncertain world,” he added.

Nashville 130

Nashville Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software 130

ivalua

APRIL 22, 2021

While companies have capitalized on globalization over the last few decades, the COVID-19 pandemic exposed a number of weaknesses within supply chain and procurement industries. Overall, while relocating may be an investment at first, many procurement leaders agree that the benefits of having a supply chain closer to home are worth it.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Supply Chain Manufacturing Procurement 130