SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

SCMDOJO

APRIL 20, 2023

If you’re eyeing a role as a Procurement Manager (or are looking to hire one), you’re in the right place! As a procurement Manager, you’ll play a crucial role in overseeing the purchasing and procurement process for a company or organization, making sure they get the best bang for their buck.

Negotiating Skills 95

Negotiating Skills Optimal Sourcing Procurement Analytics Manufacturing Procurement 95

BlueYonder

NOVEMBER 20, 2023

Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. Key Areas of Innovations What’s the key takeaway from the Nucleus Research Warehouse Technology Value Matrix 2023?

Supply Chain Planning Software 119

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Analytics Software 119

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. Simple sourcing takes less time to execute and requires fewer resources to plan, but can cost more down the road.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

SYSPRO Smarter ERP

MAY 30, 2022

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. According to SYSPRO Research 70% of manufacturing businesses experienced material handling and supply chain disruptions during the pandemic.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

OptiProERP

MAY 18, 2023

So what is procurement? Procurement is acquiring goods, services, or works from an external source. Procurement can be done by a government agency, a private organization, or an individual, and it can involve purchasing anything from pencils to complex machinery. What Are the Types of Procurement?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Negotiate Pricing Procurement Solutions 52

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms. Data and Privacy.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

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

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

TMC

APRIL 30, 2020

When looking for a TMS provider, many companies trust Gartner’s Magic Quadrant (MQ) research. According to Gartner, the “Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle overview of the market’s vendors. Our recommendations on how to leverage Gartner’s TMS research.

Vendor Strategies 62

Vendor Strategies Gartner Research Supply Chain Design Software 62

TMC

APRIL 30, 2020

When looking for a TMS provider, many companies trust Gartner’s Magic Quadrant (MQ) research. According to Gartner, the “Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle overview of the market’s vendors. Our recommendations on how to leverage Gartner’s TMS research.

Vendor Strategies 62

Vendor Strategies Gartner Research Supply Chain Design Software 62

TMC

APRIL 30, 2020

When looking for a TMS provider, many companies trust Gartner’s Magic Quadrant (MQ) research. According to Gartner, the “Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle overview of the market’s vendors. Our recommendations on how to leverage Gartner’s TMS research.

Vendor Strategies 62

Vendor Strategies Gartner Research Supply Chain Design Software 62

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

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

QAD

OCTOBER 24, 2023

Benefits of Collaborative Supplier Relationships Increasingly, organizations are realizing the benefits of tightening relationships with suppliers to better manage the sourcing and procurement of goods and lower supply costs.

Supplier Management 93

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 93

Unleashed

JANUARY 4, 2024

Product sourcing is the process of finding reliable suppliers and purchasing inventory from them with the intention of reselling to customers. If you’re looking to sell a product that’s already been established in the market, purchasing in bulk from a wholesaler can be a good option. Where can you source products from?

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

ivalua

AUGUST 11, 2021

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Responsible sourcing is also increasingly vital due to expansion of supply chains into developing countries largely seeking to lower costs.

Sourcing Strategies 130

Sourcing Strategies Purchasing Skills Sourcing Expense Reduction 130

The Logistics & Supply Chain Management Society

JULY 16, 2023

You cannot rely solely on a general management risk reports but also need to develop a specific view of risks, such as halal risks. A halal risk report could provide essential halal risk and market intelligence for brand owners serving Muslim markets.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

C.H. Robinson

MAY 4, 2020

When looking for a TMS provider, many companies trust Gartner’s Magic Quadrant (MQ) research. According to Gartner, the “Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle overview of the market’s vendors. Our recommendations on how to leverage Gartner’s TMS research.

Vendor Strategies 52

Vendor Strategies Gartner Research Supply Chain Design Software 52

Logility

NOVEMBER 18, 2021

NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022. For the six months ended October 31, 2021, the Company reported operating earnings of approximately $4.5 Logility announced the partnership with Visus LLC to support analytics customers and their digital transformation journeys.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Analytics Software 130

Logility

AUGUST 25, 2021

NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. ATLANTA (August 25, 2021) American Software, Inc. million compared to $0.8 50% Diluted $ 0.09 $ 0.06

Supply Chain Planning Software 130

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software 130

Supply Chain Matters

JUNE 1, 2022

The following Supply Chain Matters commentary highlights this week’s report by the U.S. Federal Maritime Commission (FMC) released this week the report: Fact Finding Investigation 29- Effects of the COVID-19 Pandemic on the U.S. Overall Report Findings. International Ocean supply Chain. Background.

Procurement Analytics 52

Procurement Analytics Supply Chain Design Software Purchasing Skills Supply Chain Software 52

Supply Chain Matters

JANUARY 23, 2024

The modules announced as general availability were Supply Planning , software that supports accurately forecasting and planning purchases of raw materials, components and finished goods as well as improve in-stock rates across the extended supply network. AWS Supply Chain N-Tier Visibility is now available to customers in US East (N.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 59

Supply Chain View from the Field

DECEMBER 23, 2014

Rather than striving for “perfect data” in all supply chain systems, my research suggests that primary efforts should be focused on the most fundamental yet most critical form of supply chain systems output: the spend analysis. This value is an important component in calculating the cost of goods sold in the financial statement.

Negotiating Skills 135

Negotiating Skills Purchasing Skills Procurement Analytics Analytics Software 135

Precoro

FEBRUARY 12, 2024

In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams. There’s a toolkit of metrics to help the treasury department understand the level of liquidity. Let’s explore how.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Enterra Insights

JULY 29, 2021

One of the most prominent trends of the Digital Age is increased traffic on the digital path to purchase. An ABI Research press release notes, “Manufacturers of consumer-packaged goods are utilizing analytics to anticipate customer demand and optimize their processes.”[2] ” Brand Loyalty in the Digital Age.

Packaging 130

Packaging Manufacturing Procurement Procurement Analytics Supply Chain Design Software 130

CH Robinson Transportfolio

MAY 4, 2020

When looking for a TMS provider, many companies trust Gartner’s Magic Quadrant (MQ) research. According to Gartner, the “Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle overview of the market’s vendors. Our recommendations on how to leverage Gartner’s TMS research.

Vendor Strategies 44

Vendor Strategies Gartner Research Supply Chain Design Software 44

CH Robinson Transportfolio

MAY 4, 2020

When looking for a TMS provider, many companies trust Gartner’s Magic Quadrant (MQ) research. According to Gartner, the “Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle overview of the market’s vendors. Our recommendations on how to leverage Gartner’s TMS research.

Vendor Strategies 44

Vendor Strategies Gartner Research Supply Chain Design Software 44

Unleashed

FEBRUARY 29, 2024

Smarter business decisions: Many retail software systems enable you to gather and report on key data that can help inform business strategy. Common features of retail accounting software include: Invoicing Bank reconciliation Expense tracking Inventory accounting Tax management Payroll Reporting 2.

Prescriptive Analytics Software 52

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

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

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. The team was seeking analytics to monitor process compliance. Visibility Maturity Model.

Prescriptive Analytics Software 175

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 175

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 Supply chain leader wants Technology from Company C, and the demand planner intends to purchase a solution from Technology Solution D. Avoid Badly Written RFP Bake-offs.

Supply Chain Planning Software 231

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 231

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

OptiProERP

SEPTEMBER 21, 2023

With data-driven forecasting tools, manufacturers only need to purchase what they require for a given period.  Improved planning and the supply chain  Forecasting also aids production planning, procurement, and supply chain management. It indicates bigger picture changes and broader shifts in customers’ purchase behavior.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Supply Chain Planning Software 52