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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

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?

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Paving the Digital Path to Purchase

Enterra Insights

The past couple of years has been a remarkable time for e-commerce as more and more consumers have discovered the digital path to purchase. Across industries and regions, people prioritized essentials and reduced impulse purchases. ” Paving the digital path to purchase (i.e., They are: 1. were deemed fraudulent.”[3]

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How electronics manufacturers can use ERP to address industry challenges

SYSPRO Smarter ERP

The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. Industrial Internet of Things. Benefits of an ERP system for electronics manufacturers.

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The UK Electronics Manufacturing Recovery: 2021 Revenue Up 30%

Unleashed

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. The report analyses over 79,000 data points from UK manufacturers that use Unleashed software.

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Procurement Trends and Priorities to Pursue in 2023

QAD

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.

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Purchase Price Variance (PPV)! A Profit or Loss Opportunity?

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. What is Purchase Price Variance (PPV)?

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Metrics that Matter: Inventory Effectiveness

QAD

It is critical to monitor inventory effectiveness using five key metrics: Expedited orders, inventory turns, obsolete inventory, safety stock and stockouts. Whether you measure purchase orders or customer orders—and you should do both—high numbers indicate problems in your inventory planning and flow.