Precoro

JULY 18, 2022

Even more, 82% of finance departments report being overwhelmed by the number of invoices they have to process daily and are further exhausted by the variety of formats these invoices are received in. It improves cash flow, drives additional savings, and helps procurement organizations make the most of dynamic discounting opportunities.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. This means the cost of returns must be factored into the pricing of your goods.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Precoro

MAY 8, 2023

With over 1,000 students, the school purchases a lot of supplies for students as well as office supplies for the administration. We had the chance to discuss the school's initial approach to procurement compared to its new, automated process using software with Caroline Hickey, Business Associate at CCPCS.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Price Reduction Vendor Strategies 52

Supply Chain Shaman

JULY 29, 2017

When the report published, it stimulated many conversations. Most hang on the back of forty-year old Electronic Data Interchange (EDI) processes. As shown in Figure 2, few orders and purchase orders flow hands-free. Over the last decade, despite lots of fanfare, we have pushed cost and waste backwards in the supply chain.

Supply Chain Network Software 152

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 152

Unleashed

NOVEMBER 8, 2021

This can create excellent selling or promotional opportunities for eCommerce and multichannel sellers, who can advertise deals up to that threshold to allow consumers to take advantage of de minimis benefits. At the same time, governments have to consider the cost of administering customs duties on low-value goods.

New Zealand 98

New Zealand Australia Purchasing Skills Negotiating Skills 98

Supply Chain Game Changer

JANUARY 9, 2019

Procurement, or Purchasing, is an area of Supply Chain that involves and requires very specific skills and expertise. Regardless of your position or situation it is highly valuable to understand the type of interview questions, and answers, appropriate for Procurement and Purchasing professionals. It can appear useless.

Procurement Analytics 68

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 68

Supply Chain Shaman

SEPTEMBER 23, 2016

With this in mind, in this blog, I make an argument that we, as supply chain leaders, have screwed up direct material procurement. My goal is to have supply chain leaders consider a procurement redesign for 2017. As shown in Figure 1, roughly one in two supply chain organizations have responsibility for procurement.

Material Savings 150

Material Savings Manufacturing Procurement Optimal Sourcing Vendor Strategies 150

Precoro

SEPTEMBER 18, 2023

Let's talk more about these reports. Global Business Travel Association released a study in which they assert that completing an expense report for a single-night hotel stay costs on average $58 and takes about 20 minutes. Non-employees can also sometimes submit an expense report and request reimbursement.

Expense Reduction 105

Expense Reduction Procurement Analytics Report Procurement Solutions 105

OptiProERP

NOVEMBER 3, 2022

They need to run various reports, including some for the FDA, which is challenging. They also would like to automate the purchase order process and vendor management. Its powerful reporting tools make it simple for them to provide the required reports to the FDA. Before: Everything they do is Excel-based.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Manufacturing 52

Arena Solutions

JULY 25, 2019

I’ve used Arena PLM for the past 17 years and with that benefited from its evolution into a world class tool that has allowed me to provide excellent support to my employers. AEC-Q is an international electrotechnical commission quality assessment system for qualification testing of electronic components. Key features for success.

Supply and Demand 53

Supply and Demand System Buyer Training Procurement Solutions 53

Vinculum

APRIL 23, 2022

A report by Business Insider mentions that approximately 86% of Indians have accepted digital or online shopping at the time of the pandemic. Every item from groceries to electronics to apparel and other required stuff is available to the massive crowd on the online store rather than walking into the offline or any physical store.

Modeling Software 52

Modeling Software Inventory Management Software Logistics Network Optimization Software Inventory Reduction 52

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Foundational to supply chain excellence is the reliability of delivery, quality, and service. The Sleep Number Story of Supply Chain Excellence.

Customer Service 300

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 300

3rdwave

JANUARY 23, 2019

A best-case analog scenario is that information is maintained in “Word”, spreadsheet, or PDF documents. Digitization is more than email or a scanned document. Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. Analog information is mostly static.

Logistics Network Optimization Software 86

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 86

Talking Logistics

SEPTEMBER 13, 2016

If you’re not able to clearly see, examine, impact and manage every aspect of your supply chain and inventory processes – order status, shipments, in-transit goods, trade documents, costs, exceptions and more – you might as well be operating with blinders on. Use predictive and prescriptive analytics to support your visibility goals.

Real-time Visibility 100

Real-time Visibility Prescriptive Analytics Software Supply Chain Planning Software Inventory Reduction 100

Arena Solutions

AUGUST 4, 2021

A QMS is a formalized system (paper- or software-based) of documenting responsibilities, processes, and procedures to develop products that meet customer requirements as well as compliance with FDA, ISO, EU MDR, and other regulatory standards. Document Management. What Is a Quality Management System (QMS)? BOM Management.

Supply Chain Design Software 58

Supply Chain Design Software Supply Chain Planning Software Modeling Software Demand Planning Software 58

6 River Systems

JUNE 29, 2020

“The pandemic, however, is affecting supply chains in the aircraft, automobile, electronic products, hospitality, medical, pharmaceutical, retail, technology, travel, and personal service/support industries.” “Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

6 River Systems

JULY 25, 2019

“Currently, the biggest challenge for supply chain managers is…” Keeping up with consumers and their buying behaviors. Additionally, the advancements and constant changes in technology and analytics play a huge role in supporting the success or failure of a modern day supply chain.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

3rdwave

JANUARY 23, 2019

A best-case analog scenario is that information is maintained in “Word”, spreadsheet, or PDF documents. Digitization is more than email or a scanned document. Logistics is a highly procedural function with clearly defined responsibilities and performance metrics. Analog information is mostly static.

Logistics Network Optimization Software 40

Logistics Network Optimization Software Transportation Optimal Sourcing Logistics 40

6 River Systems

APRIL 4, 2019

These technologies also contribute to a rise in big data and analytics in the logistics field. Mobile apps: Pulling these reports several times a day can be tedious and leads to performance not being monitored in real-time. Mobile apps can generate reports and monitor performance metrics. ScienceSoft.

Logistics Network Optimization Software 76

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 76

Provenance

AUGUST 13, 2018

A report proposing three system solutions that could reshape the industry and set the clean energy technology sector on a path to sustainability. Read the short version of this report on Medium. Chapter 2 of this report outlines some of the barriers observed to play a prohibitive role to transparency for REE mining and processing.

Modeling Software 56

Modeling Software Supply Chain Design Software Demand Planning Software Supply Chain Network Software 56

6 River Systems

FEBRUARY 25, 2019

“Eliminate as many points as possible by bringing as much in house as possible…” So that the model is reduced to A to B. He has led supply chain organizations in the consumer electronics, life sciences, automotive, medium & heavy-duty truck, energy and food & beverage industries. Joseph Heller. csITsupport.

Optimal Sourcing 55

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Optimization Software 55

Freightos

MAY 31, 2022

I can walk into a local shop and purchase products from all around the globe. This isn’t just about consumerism; it’s inspiring to think that in purchasing an imported product, we are, in a tiny way, helping provide employment for people across our planet, often in developing countries. I started Freightos a decade ago, in 2012.

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156

Arena Solutions

DECEMBER 8, 2021

We’ve both been working with companies across high tech, consumer electronics, life science, medical device, retail, and consumer companies, so fairly broad experience in the space. So that we don’t need to buy servers, which I guess is currently also quite a bit challenging to get everything available. Can be quick.

Supply Chain Design Software 52

Supply Chain Design Software Predictive Analytics Software Modeling Software Optimization Software 52