EC Sourcing Group

NOVEMBER 17, 2020

The importance of using supply chain management software is notable because of the importance of the supply chain itself. Read on to learn more about types of supply chain management software and how to pick the best type for your company’s needs. . Thus, you’ll see a lot of: eSourcing tools. Automated tools.

Procurement Solutions 52

Procurement Solutions Supply Chain Software Supply Chain Planning Software Forecasting Software 52

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. It involves sourcing, negotiation, ordering, delivery, and payment for goods or services. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

EazyStock

JUNE 23, 2022

This is especially true in inventory management, where new technologies are being introduced all the time, and along with them, more and more data is being generated. The key for inventory management teams is to know what to do with it! It could be open-ended feedback, images, video, audio, or general business documents.

Inventory Management Software 52

Inventory Management Software Big Data Inventory Management Inventory Reduction 52

Precoro

NOVEMBER 7, 2022

In order to run a successful business, you need a dedicated procurement team to obtain these essential goods and services, ensure timely delivery, and nurture good relationships with your vendors. Paying for offices, utilities, technology subscriptions, and cleaning services is also part of the procurement team's responsibility.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

Unleashed

APRIL 21, 2024

How the order processing process works The order processing process begins when a customer order is placed and verified – in person, via email or telephone, or online – followed by inventory sourcing, then picking and packing, before the order is shipped. Order tracking and updates are provided to the customer.

Inventory Management Software 52

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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. RPA as it is also referred to, has the capability to transform supply chain management. Procurement.

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Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Unleashed

DECEMBER 12, 2023

Poor BOM management leads to stockouts and overstocking, both of which can impact your ability to achieve cost-effective production and put the overall quality and success of the products you’re manufacturing at risk. In this BOM management guide: What is a bill of materials (BOM)?

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Management Software Supply Chain Design Software 52

Taulia

SEPTEMBER 9, 2021

Inventory management is an essential process for almost every type of business. Inventory is often the largest current asset and poor or ineffective management of stock can lead to large losses or in some cases, business failure. What is inventory management? A company cannot sell what it does not have.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Material Savings 52

QAD

JANUARY 19, 2023

Supply chain management (SCM) is essential to any business strategy. Facets of this broad field include demand planning, inventory management, logistics, acquisitions and partner management. Supply chain management is never boring, and there’s always more to learn. Let’s dive in. What is a Supply Chain?

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 94

SCMDOJO

APRIL 4, 2023

In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business. What is the Difference Between Supply Chain Analytics and Supply Chain Management? It is an essential element of supply chain management.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

SYSPRO Smarter ERP

AUGUST 2, 2023

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Precoro

APRIL 18, 2023

On the other hand, a software development company wouldn’t need to purchase raw materials but rather goods – such as hardware – and services, like software subscriptions. Shipping Rates Delivery cost makes up a significant part of a company’s procurement expenses, so visibility is essential for taming the spending.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. Higher chance of heavy reliance on external financing sources, such as loans or credit lines. According to The J.P. But how can companies unlock this capital?

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Unleashed

NOVEMBER 2, 2023

Here’s the difference between a production plan and a production schedule: A production plan is a document containing a top-down view of manufacturing processes, requirements, and forecasted demand for a product. This is an important task, as unforeseen disruptions may force a complete rescheduling of certain processes. But that’s not all.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

RFgen

FEBRUARY 16, 2023

There are significant benefits and complications when it comes to consignment inventory, most of which can be addressed with a strong up-front agreement and automated software. Accessibility, strong data capture, and ease of use are all critical components when determining what consignment inventory software to use.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Modeling Software 52

Logility

OCTOBER 21, 2021

On average, these efforts help reduce lead times from 10 to 8 weeks and purchase order (PO) release to factory exit times from 17 to 4 weeks. Businesses with visibility into all tiers of their supply chain have the ability to identify when their suppliers source material from such an area to avoid these types of detainments more effectively.

Optimal Sourcing 209

Optimal Sourcing Sustainability Supply Chain Planning Software Supply Chain Optimization 209

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 16

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 16

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. This can include freight forwarding and documentation management. But cost-saving isn’t the only benefit of an optimised fulfilment process.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Screenshots, documentation and technical resources may be attached if an online Kanban system is being used. What is Kanban?

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). However, Finance is now Fintech and Marketing is now Digital Marketing.

Supply Chain Design Software 110

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 110

Taulia

JULY 7, 2022

Spend management is the practice of managing supplier relationships and purchasing across an organization to minimize cost and risk. Manual processes, of which spend management is made up, can be both inefficient and create vulnerability to the risk of fraud and human error. What is spend management?

Material Savings 52

Material Savings Purchasing Training Manufacturing Procurement Procurement Solutions 52

crisp

SEPTEMBER 22, 2023

With Google Marketplace, cloud customers can also easily find and subscribe to data sets from a variety of sources and deliver them seamlessly to their data warehouse. Crisp automatically ingests data from retail portals such as Walmart, Target, Whole Foods, and Amazon, delivering usable sales and inventory data directly into the cloud.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Waste Reduction Vendor Strategies 52

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 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

OptiProERP

JANUARY 17, 2023

When looking for a solution, you need to find ERP software with features that will fully optimize your business to compete and grow. Inventory Management. Having the right inventory on hand to build your products is crucial. It should track the status and location of every inventory item.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

Logility

OCTOBER 29, 2021

4 Digital Solutions That Address the Top Challenges for Process Manufacturers. The right technology solution can help your business through the use of intuitive algorithms and analytics that help future-proof the crucial elements of supply chain management: integration, operations, purchasing, and distribution.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Unleashed

MARCH 28, 2021

We’ll define this crucial management concept and explain how you can implement and improve supplier relationship management to leverage business success. What is supplier relationship management? Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

EMERGE App

JULY 11, 2018

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. And the place to source for most, if not all, of your products is in China. Introduction.

Purchasing Skills 64

Purchasing Skills Manufacturing Procurement Negotiate Pricing Negotiating Skills 64

Precoro

DECEMBER 5, 2022

Are you planning to implement enterprise resource planning software but have some concerns about budget overruns, project delays, and disruption of business processes? We have all heard horror stories about poorly implemented ERP solutions that take forever to see a return on investment or, even worse, never actually come to fruition.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Procurement Solutions Optimization 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. How can smart software assist your reverse logistics programme? Without an efficient process for organising, processing, shipping and handling returns, managing this process can be costly.

Reverse Logistics 98

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

6 River Systems

NOVEMBER 8, 2022

Finding the right space, running an effective order fulfillment system and sourcing great talent are just some of the many challenges facing operations managers. By taking over the day-to-day management of your logistics needs , 3PLs let you focus on what you do best — growing your business. How does a 3PL warehouse work?

Warehousing 52

Warehousing 3PL Manufacturing Procurement Optimal Sourcing 52

Precoro

MAY 19, 2023

The right metrics can shed light on how cost-effective a company’s processes are when it comes to the flow of goods, both at the inbound stages of procurement and outbound all the way to the customer. This way, companies can avoid any stock-based issues and delays.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

EMERGE App

APRIL 2, 2019

Then we’ll examine why you need a robust inventory management system behind WooCommerce. We’ll move on to present EMERGE App as an inventory management solution and the benefits of them working together. WooCommerce is an open-source e-commerce plugin for WordPress. What is WooCommerce?

Inventory Management Software 75

Inventory Management Software Inventory Management Procurement Solutions Inventory 75

Precoro

DECEMBER 18, 2023

Medical institutions might not typically consider optimizing the healthcare procurement process a top priority. Yet procurement in healthcare influences the overall well-being of medical institutions and, ultimately, the quality of patient care. However, procurement in the healthcare industry has some unique aspects.

Procurement Solutions 59

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 59

ShipBob

SEPTEMBER 29, 2021

Stages of the retail logistics process includes warehouse receiving , inventory management, fulfillment, and shipping. Procuring inventory. Having insight into what’s going on during the procurement process can help you find ways to build a more agile supply chain. Receiving & processing inventory.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Unleashed

MARCH 5, 2024

eCommerce automation helps businesses maximise productivity by optimising daily processes such as inventory management , fulfilment, and customer service. It is achieved using various software tools, cloud-based technology platforms, and robotics to streamline manual processes. What is eCommerce automation?

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52