The Logistics & Supply Chain Management Society

APRIL 26, 2022

Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Tender documents and responsible source guidance are requiring suppliers to show evidence of their actions to support ESG initiatives, as well as the actions of their suppliers. Companies, both large and small, are changing.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. These sources while functional are difficult to connect. The team was seeking analytics to monitor process compliance.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

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

Supply Chain Shaman

APRIL 15, 2020

My first focus was on China sourcing. China was the source of over 90% of PPE.) As I watch the news and work on client documents in my quarantine, I try to manage my emotions. Another is looking at hospital bed utilization to predict market baskets. Don’t expect demand to be predictable. Model Local Market Trends.

Supply Chain Planning Software 427

Supply Chain Planning Software Supply Chain Design Software Modeling Supply and Demand 427

Logistics Viewpoints

MARCH 2, 2023

After months of dire predictions, many in the financial community are lowering the odds of a recession in the next year. Now, with powerful AI and ML technologies to generate predictive ETAs, we can reroute shipments in anticipation of possible disruptions, eliminating manual track-and-trace efforts. Reduced working capital.

Waste Reduction 197

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 197

Precoro

APRIL 18, 2023

Shipping Rates Delivery cost makes up a significant part of a company’s procurement expenses, so visibility is essential for taming the spending. Documents With every step, transactions should be documented ; this means creating a purchase order , a bill of lading, a receipt, a customer's order, and others.

Supply Chain Planning Software 98

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

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Today many companies spend countless hours reviewing contracts to track and review amendments to original documents. Contract Review. Price Lookup and Comparison.

Supply Chain Software 246

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

TransAudit

JUNE 27, 2023

Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time. It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. Europe, China, and Singapore.

Optimal Sourcing 69

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 69

Supply Chain Opz

JANUARY 22, 2016

In the immediate term, predictive analytics drive a distinct competitive advantage to those few who are already leveraging it to its full potential. That would shorten hauling times, automate routes and scheduling, and make deliveries much more predictable.

Predictive Analytics Software 100

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

TransAudit

JULY 6, 2023

Machine learning, at its core, is a technology that allows systems to learn from experience, improve predictions, recommendations, and decisions over time. It advances digitization efforts, facilitates data cleaning, and streamlines supply chain planning, procurement, and execution. Europe, China, and Singapore.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 52

Supply Chain Game Changer

APRIL 29, 2021

Now there are increasingly competitive and political pressures to bolster their domestic production, resume hiring, and minimize or eliminate their reliance on external sources that are perceived as risky. These major shifts will likely have various implications for the procurement process. Edge Computing and Analytics.

Supply Chain Software 135

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 135

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Shaman

AUGUST 16, 2015

The goal is deeper analytics to sense and respond across make, source and deliver. The Ariba infrastructure is so heavily entrenched in indirect procurement processes that it is hard to adapt to the solution to manage direct materials in the supply chain. 2) Advanced Analytics. I am not surprised.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

HICX Solutions

JANUARY 31, 2019

In this article, experts identify which steps in the procurement process are most likely to benefit from the AI revolution. One of the main uses for artificial intelligence in procurement is to meld internal and external data to provide enhanced supplier risk management. Smarter sourcing. Data-driven decisions.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Negotiate Pricing Material Savings 40

NC State SCRC

JANUARY 18, 2018

In a prior post on 2018 supply chain predictions, I shared how NC State’s Poole College of Management engages directly with industry through student-led projects. The students will review and document the current geography allocation process for Surplus/excess, Overage and Unconsumed Purchase parts inventory (SOUP).

Vendor Strategies 40

Vendor Strategies Optimal Sourcing Inventory Reduction Resource Reduction 40

Supply Chain Game Changer

MAY 12, 2021

Featuring Our 12 Best Procurement Articles! Emerging procurement theory suggests that creating win-win situations within buyer and supplier agreements are the best ways to create long-lasting, engaging, creative, collaborative, and innovative partnerships. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Negotiating Skills 69

Negotiating Skills Negotiate Pricing Buyer Training Expense Reduction 69

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. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

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

Logistics Viewpoints

JANUARY 25, 2024

Workers from picking and packing to planning and procurement are in short supply, stimulating interest in increasing productivity of the existing workforce. It can predict lead times for thousands of parts and automatically update changes, flagging only those for attention that fall outside of parameters a planner sets.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 231

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 96

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 96

ShipBob

SEPTEMBER 29, 2021

In 2020, global retail sales exceeded $23 trillion and experts predict ecommerce demand to continue expanding. Procuring inventory. Procurement refers to sourcing merchandise on time to meet demand, and it affects the ways your online retail business activities (like sales, inventory management, and distribution) can be performed. .

Optimal Sourcing 52

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

ToolsGroup

MARCH 9, 2021

So your firm recently released a report of 2021 predictions and there’s a lot of great information in there. And because of that, when we- and we do predictions, we’ve done this since our inception in 2008 and we’ve had a traditional format for how we do our predictions. Bob Ferrari: Thank you, Mary.

Predictive Analytics Software 156

Predictive Analytics Software Supply Chain Planning Software Predictive Analytics Supply Chain Design Software 156

Unleashed

MARCH 2, 2022

Screenshots, documentation and technical resources may be attached if an online Kanban system is being used. Kanban in lean manufacturing Kanban is an important part of the lean manufacturing system, since it manages production through a pull system, rather than responding to predicted demand. Keen to find out more?

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

TrackVia

AUGUST 22, 2023

Here are some best practices: Maintenance Scheduling: Develop a maintenance schedule based on manufacturer recommendations, usage patterns, and predictive analytics. Training and Documentation: Of course, with any maintenance schedule, you’ll want to train maintenance staff on proper procedures and protocols.

Asset Management 98

Asset Management Optimization Software Analytics Software Predictive Analytics Software 98

Logility

JUNE 24, 2021

Though no one could have predicted or avoided the unprecedented supply chain challenges presented by the pandemic, our strategy, which included the launch of Logility, has allowed us to proactively mitigate or avoid many supply issues—crucial components for keeping our customers supplied.”. About Supply & Demand Chain Executive.

Supply Chain Planning Software 26

Supply Chain Planning Software Logility Supply Chain Design Software Demand Planning Software 26

Talking Logistics

AUGUST 19, 2015

On top of this platform, GT Nexus has provided various transportation management applications, such as transportation sourcing, which has been a strength for the company, especially in facilitating ocean transportation bids. Transportation Analytics. ” #Bridges2015. Adrian Gonzalez (@talkinlogistics) June 10, 2015.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Conference Supply Chain Network Software 100

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. As a comprehensive approach, spend management typically includes management of suppliers, categories, approval workflows , inventories, and documents.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Infosys Supply Chain Management

APRIL 8, 2014

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Abstract Technologies such as Social networking, mobile, analytics and cloud computing have been shaking the IT industry for past several years. Business Process Outsourcing. Customer Service.

Analytics Software 35

Analytics Software Supply Chain Network Software Supply Chain Planning Software Predictive Analytics Software 35

Logistics Viewpoints

JANUARY 23, 2024

Snowflake is a cloud computing–based data cloud company that offers a cloud-based data storage and analytics service, generally termed “data-as-a-service.” The most interesting thing that Blue Yonder is doing from an OMS standpoint is driving promising and pre-sourcing to retailers.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Supply Chain Network

MAY 23, 2012

The acquisition will also significantly boost SAP’s cloud applications portfolio with the addition of Ariba’s leading cloud-based procurement solutions. Industry experts estimate the cloud-based enterprise network and procurement segment at a current size of $5 billion in revenue. Businesses to Benefit from Combination.

SAP 95

SAP Supply Chain Network Software Supply Chain Planning Software Procurement Analytics 95

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 208

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 208

HICX Solutions

APRIL 16, 2021

As the definition of MDM highlights, establishing a ‘single version of truth’ or aiming for a ‘golden record’ – that is a master data source from which all else across the organization can be referenced – within the domain in question is a common factor that unites all MDM solutions. McGraw Hill, 2007. Single version of truth.

Analytics Software 95

Analytics Software Forecasting Software Predictive Analytics Software Optimization Software 95

20Cube Logistics

JANUARY 22, 2022

Leveraging infallible data and the ensuing analytical trends is no longer a matter of the distant past. Describing data, predicting what may come and prescribing corrective measures have become indispensable aspects of running a business successfully. It is here to stay and it is going to be the pivot of change for the decades to come.

Forecasting 75

Forecasting Forecasting Software Optimal Sourcing Prescriptive Analytics Software 75

Jaggaer

JULY 18, 2019

Last week JAGGAER hosted a webinar reviewing the findings of our recently released 2019 Digital Procurement Survey Report. We reviewed the key takeaways and provided recommendations for how procurement professionals can begin to take advantage of next-generation technologies.

Procurement Analytics 40

Procurement Analytics Procurement Solutions Manufacturing Procurement Predictive Analytics Software 40

Taulia

MARCH 22, 2023

In practice, this could mean predicting which invoices suppliers will choose to accelerate under a range of different conditions. Historically, treasury and procurement professionals tended to have very different perspectives on the benefits and risks of different working capital initiatives.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Vendor Strategies Forecasting Software 52

HICX Solutions

APRIL 16, 2021

As the definition of MDM highlights, establishing a ‘single version of truth’ or aiming for a ‘golden record’ – that is a master data source from which all else across the organization can be referenced – within the domain in question is a common factor that unites all MDM solutions. McGraw Hill, 2007. Single version of truth.

Analytics Software 52

Analytics Software Forecasting Software Predictive Analytics Software Optimization Software 52