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

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. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members.

Inventory Management Software 96

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

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

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

MARCH 27, 2025

Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. 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. 

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

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. It’s not enough to make a model table for a website or a showroom. Planning was effective in this case, execution failed.

Supply Chain Planning Software 307

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

Supply Chain Shaman

JUNE 28, 2021

Consumers constantly change the mix preferences in purchases. Somedays, the focus is on steaks or ribs and the next on the purchase of ground or cubed meat. The manufacturer pays maintenance for the planning software but stops contact with Company A. Maximize the value of your purchase. There are 192 ways to cut up a cow.)

Supply Chain Planning Software 322

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 322

Precoro

JULY 8, 2022

The question arises: when to separate purchasing management tasks into an autonomous operational role and hire a designated professional? There is no universal answer to this question, as purchasing process, procurement policies, goals, and volumes differ not only in the industries but even from company to company.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Negotiating Skills Procurement Solutions 98

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

crisp

DECEMBER 15, 2021

One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. 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.

Procurement Analytics 98

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

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

ThroughPut

OCTOBER 10, 2024

This often results in part shortages when they are most needed or an excess of the wrong parts due to over-ordering, both of which drive up costs. Therefore, optimizing spare parts management is crucial for the success of supply chain, manufacturing, and maintenance operations. It streamlines supplier selection for optimal performance.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 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. Prescriptive Analytics for Inventory Optimization: Finally, AI-based forecasting not only identifies incidents or problemsit also recommends actions.

Inventory Management Software 52

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

Kinaxis

JULY 19, 2017

That in turn is changing how organizations are manufacturing and delivering goods. He relayed how he saw a demo of true shelf-aware systems at a retail location that sends alerts in real-time when a stock out happens directly to a mobile phone. Create sticky purchasing behavior with customers by offering robust delivery services.

Supply Chain Design Software 279

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 279

EC Sourcing Group

JULY 28, 2020

Objectives of Procurement Management. The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” What Is Procurement Management? Objectives of Procurement Management: Managing Contracts.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Optimal Sourcing Procurement Solutions 52

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. Procurement Cost. Product Management KPIs! Get Our EBOOK HERE. Inventory Turnover (Cash). Cash to Cash Cycle Time (Cash).

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

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 Modeling Software Analytics Software Supply Chain Network Software 52

EC Sourcing Group

NOVEMBER 1, 2022

Top 5 RFP Solutions for Manufacturing. The manufacturing industry has unique needs when it comes to purchasing. As an essential part of the global economy and a key driver of job growth, manufacturing organizations must find the best ways to stay competitive and increase efficiency. Engagement analytics.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Analytics Software Supply Chain Software 52

Resilinc

MARCH 26, 2024

In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

Modeling 127

Modeling Supply Chain Risk Management Modeling Software Risk Management 127

Arena Solutions

OCTOBER 10, 2024

Succeeding at Strategic Sourcing With Arena and Part Analytics Learn more about the integration between Arena and Part Analytics here. Today, Arena and Part Analytics have come together to share the story of one of our joint customers as a case study. This commitment was what led us to partner with Part Analytics.

Analytics Software 62

Analytics Software Negotiating Skills Sourcing Strategies Purchasing Skills 62

Shipchain

FEBRUARY 14, 2019

Medicines are frequently returned to the pharmaceutical manufacturers, resulting from excess inventory or a need to return unsold stock for use in other areas directly. While approximately 3% of all pharmaceuticals are returned to manufacturers, return pharmaceuticals account for up to $10 billion in inventory.

Pharmaceutical 99

Pharmaceutical Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 99

My Office Apps

MAY 9, 2022

Manufacturing ERP Software | Kechie ERP. By choosing a new ERP platform, a manufacturing company is investing in a product with a long lifecycle that will impact their business for many years to come. In order to maintain a competitive edge in the manufacturing industry, it is important to have the right software in place.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Inventory Management Software Supply Chain Software 52

crisp

MAY 21, 2025

In a Deloitte survey of retail professionals , 60% reported that AI tools improved their ability to forecast demand and manage inventory in 2024. Large language model (LLM) analytics solutions allow users to query historical and real-time data using natural language (NLP), delivering instant insights down to the SKU and store level.

Inventory Reduction 40

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Supply Chain Strategy 40

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 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

Precoro

APRIL 14, 2025

How to Protect Yourself From Invoice Scams Where to Report a Scammer? The invoice includes a professional logo, fake contact details, and references to a nonexistent purchase order. The supplier reports nonpayment, prompting the company to investigate the breach and attempt to recover the lost funds.

Supply Chain Design Software 51

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

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

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

JUNE 28, 2024

Today there are countless software solutions for automating the manufacturing process. The best enterprise resource planning (ERP) for manufacturing will vary, contingent upon the unique challenges you’re seeking to solve. What makes the best ERP for manufacturing?

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 52

ThroughPut

APRIL 2, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It also evaluates the various possibilities such as the best plants to manufacture the required product lines.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

Supply Chain Shaman

MARCH 7, 2017

3-D Printing: localization of manufacturing through the sharing of digital images using additive manufacturing. At SAP Insider, the digital transformation message was never defined, but the use cases focused on Internet of Things delivered through a Leonardo architecture and the strategic advantage of S4/Hana for real-time analytics.

Supply Chain Planning Software 180

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

Arena Solutions

JULY 30, 2024

According to a recent manufacturing report 1 , optimizing supply chain management and minimizing risks are top priorities for companies in 2024. Kraig: Supply chain management is the coordination of sourcing, procurement, production, and logistics throughout a product’s lifecycle.

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Manufacturing Procurement 67

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

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

OptiProERP

JUNE 4, 2021

It’s more important than ever for manufacturers to find ways to effectively manage their operations in the face of Covid-19, supply chain disruptions, inflation concerns, glimpses of recovery, and the many dynamics impacting manufacturers’ bottom lines. ERP demo comparison and detailed evaluation.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Analytics Software 52

Talking Logistics

JANUARY 16, 2015

Cass Freight Index Report for December 2014. This past Tuesday, I gave a lecture at MIT on transportation management systems (co-presented with MercuryGate , which gave the students an optimization problem to solve and a demo of its TMS). November 2014 Freight Transportation Services Index (TSI). JDA’s Retail.Me

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Optimization Software Analytics Software 100

Supply Chain Insights

AUGUST 11, 2017

The evidence is in; and it appears that consumer products manufacturers now have a wide range of choices for both cloud and on-premise solutions to managing the second largest line item in the company P&L. planning, optimization, settlement, analytics, etc.)

Vendor Strategies 110

Vendor Strategies Supply Chain Planning Software Supply Chain Design Software Analytics Software 110