My Office Apps

OCTOBER 21, 2024

Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. Vendor Relationship Management (VRM) helps businesses manage supplier interactions, track performance, and ensure smooth procurement processes.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Freight Waves

JUNE 16, 2025

This extensive connectivity has resulted in impressive metrics: 1.2 Key features include Consumer Visibility and Last Mile Connect, built to “enhance the post-purchase customer experience” for retailers and drive Net Promoter Score by providing “advanced delivery communication.”

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 99

GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. However, that does not mean all shippers must face the challenges to ship parcel at their expense. If shippers charge to ship parcel, customers will simply go to Amazon. Negotiate Shipping Rates Like a Pro.

Material Savings 189

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 189

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

GlobalTranz

APRIL 3, 2018

Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase. Supporting an efficient digital path to purchase requires comprehensive digital collaboration.

Supply and Demand 267

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 267

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

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.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

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 220

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 220

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Logistics Viewpoints

APRIL 26, 2024

Colombian drug smugglers are disguising cocaine as “fake coal” within major bulk consignments to try to dupe port surveillance operations, according to a new report. For several years now, the e-commerce giant has been developing what it describes as a “multimodal AI model” called the Package Decision Engine.

Logistics Network Optimization Software 298

Logistics Network Optimization Software Logistics Material Savings Baltimore 298

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Analytics Software 105

GlobalTranz

DECEMBER 17, 2014

For example, on average the cost savings from automating a manually processes purchase order is $9.89, for an invoice is $11.58 So you can see the savings for each document transacted and when you multiply that savings by the number of manual documents that are automated, you understand how a positive ROI can be achieved.

Supply Chain Network Software 306

Supply Chain Network Software Supply Chain Software Sourcing Strategies Expense Reduction 306

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

APRIL 7, 2023

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 Spending is growing across several categories, and the top Easter items consumers say they are planning to purchase include candy ($3.3

Logistics Network Optimization Software 270

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 270

GlobalTranz

APRIL 7, 2017

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. End-to-End Control Promotes Vendor Compliance. .

Vendor Strategies 218

Vendor Strategies Cost Reduction Strategies Inventory Reduction Resource Reduction 218

Freightos

OCTOBER 26, 2020

The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping. Driving the Maersk Shift.

Logistics Network Optimization Software 335

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 335

Freightos

AUGUST 10, 2024

Amidst this boom, some veterans of the AI industry question whether this cycle will be different, especially as some corporate entities report disappointing returns on their initial investments. It’s been about two years since OpenAI publicly released ChatGPT.

Logistics Network Optimization Software 268

Logistics Network Optimization Software Modeling Software Supply Chain Planning Software Supply Chain Software 268

Shipchain

FEBRUARY 7, 2019

Additionally, global trade scales are vulnerable to an impending digital documentation revolution, as noted by Kyunghee Park of Bloomberg.com. For shippers to stay competitive with big-box retailers like Walmart along with growing e-commerce vendors, they must think outside the box and cut costs wherever possible. Allow me to explain.

Analytics Software 112

Analytics Software Demand Planning Software Logistics Network Optimization Software Shipping 112

Supply Chain Matters

FEBRUARY 3, 2025

Specific Business Process Support Areas This newest advanced AI technology aims to span all areas of the supply chain, to include procurement, manufacturing, maintenance, inventory management, sustainability, planning, and product lifecycle management.

Supply Chain Planning Software 52

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

GlobalTranz

JULY 17, 2018

The application of blockchain in the supply chain is among the greatest innovations to take root in the shipping industry. Blockchain technology has the potential to correct problems within today’s supply chains, reports Bernard Marr of Forbes. The complexity of modern supply chain is extensive.

Supply Chain Planning Software 220

Supply Chain Planning Software Supply Chain Software Vendor Strategies Supply Chain Planning 220

RFgen

DECEMBER 5, 2024

Barcode and RFID scanning drastically reduce errors and accelerate processes like receiving, picking, and shipping. Lastly, customizable digital forms streamline reporting, document generation, and label printing, adding another layer of efficiency to your warehouse operations.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 97

RFgen

JANUARY 16, 2025

We’re talking real-time tracking, automated purchasing, and a whole lot less stress. Automated Purchase Order Generation: Maintain optimal stock levels by automatically generating purchase orders when supplies run low. It’s not just a nice-to-have; it’s the key to staying competitive.

Inventory Management Software 52

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

Talking Logistics

NOVEMBER 10, 2014

Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process. Improve process quality for vendors and BASF. Improve collaboration and communication with the vendors.

Optimal Sourcing 207

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 207

Jaggaer

MAY 21, 2025

Watch our on-demand webinar to discover how procurement can lead the way in ESG and decarbonization, and learn from experts about driving sustainability transformation across your supply chain. Explore how JAGGAER helps procurement teams stay ahead of regulatory pressure with end-to-end transparency. What is procurements role in CSRD?

Procurement Analytics 52

Procurement Analytics Material Savings Sustainability Waste Reduction 52

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. At a high level, what GEON does is purchase plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 323

GlobalTranz

OCTOBER 21, 2015

Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure.

KPI 120

KPI Negotiating Skills 3PL Optimal Sourcing 120

Talking Logistics

MARCH 9, 2017

With digital business-to-business (B2B) enhancements, industrial manufacturers can find prospective customers, research new suppliers, alert buyers to shipping delays and foster deeper trading partner relationships. It feeds analytics and fosters collaboration and insights for continuous improvement and high operational efficiency.

Supply Chain Network Software 154

Supply Chain Network Software Supply Chain Software Network Optimization Supply Chain Optimization 154

Logistics Bureau

JANUARY 20, 2025

When stock reaches a certain threshold the system automatically triggers purchase orders to suppliers. Predictive Analytics and Demand Forecasting – Modern supply chain systems analyse historical data, market trends and even weather patterns to predict future demand.

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Australia Inventory Reduction 75

ThroughPut

MAY 15, 2025

Spare Parts Management Software deliver measurable impact across maintenance, procurement, and operations. 90% of MRO spares remain unused past their purchase year, tying up capital and increasing carrying costs by 2030% of inventory value annually. Excess inventory ties up capital, increases storage costs, and leads to waste.

Procurement Solutions 52

Procurement Solutions Supply Chain Planning Software Optimal Sourcing Supply Chain Software 52

Logistics Viewpoints

MARCH 20, 2023

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. A graph database stores nodes and relationships instead of tables, or documents. Meanwhile decisions like how much production capacity needs to be added, or what raw materials need to be purchased, don’t change on a daily basis.

Supply Chain Planning Software 284

Supply Chain Planning Software Modeling Software Procurement Solutions Demand Planning Software 284

Logistics Viewpoints

MAY 15, 2023

They offer multiple customers across different verticals access to warehouse space, technology, and value-added services that includes e-commerce shipping and returns. In GXO’s annual report it states that roughly 30 percent of its revenue is from automated sites. This is substantially higher than the industry average of 8 percent.

Supply Chain Network Software 284

Supply Chain Network Software Supply Chain Planning Software Optimization Software Forecasting Software 284

Logility

APRIL 15, 2021

Businesses that know exactly what’s in inventory, calculate accurate shipping times immediately, and deliver orders as promised are the ones that ultimately win customer confidence. Documenting the chain of custody with connected traceability. Meeting demand with automated order promising.

Supply Chain Software 135

Supply Chain Software Logility Supply Chain Design Software Supply Chain Planning Software 135

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

ShipBob

APRIL 9, 2025

From receiving and storing inventory to picking, packing, and shipping orders, there are critical functions that occur within the warehouse that keep your supply chain running smoothly. When these functions are well-managed and optimized, businesses can better control costs, improve customer satisfaction, and ultimately drive growth.

Warehousing 52

Warehousing Supply Chain Design Software Optimization Software Supply Chain Planning Software 52

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Returning containers is an ongoing issue resulting in some manufacturers investigating a return to break-bulk shipping (container free). Not only did the cost increase, but variability tripled. Unloading containers from a ship takes two-to-three days.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195