Enterra Insights

SEPTEMBER 14, 2023

”[1] Journalist Paul Berger reports that supply chain indicators confirm this holiday season’s sales could be mediocre. Journalist Nora Colomer reports, “Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent TransUnion survey. Gen Z’s balances increased 51.9%

Supply Chain Planning Software 130

Supply Chain Planning Software Procurement Analytics Predictive Analytics Software Journal 130

Supply Chain Shaman

APRIL 6, 2017

In each briefing, presenters bandy about the word “digital” like I throw Parmesan cheese on a pizza. Sitting on the 15th floor of a high-rise apartment, I am writing a research report on Digital Procure-to-Pay. Current Order and Purchase Order Processing. For me it is not clear. The more the better.)

Supply Chain Software 193

Supply Chain Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 193

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. The trend of purchasing big & bulky items online will continue to grow, with Statista predicting 35% of furniture sales worldwide will be made online by 2025.

Supply Chain Planning Software 190

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 190

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

Enterra Insights

JANUARY 12, 2023

Like other business executives, they need to be able to make a business case for any new technology they purchase. He writes, “Artificial intelligence promises to bring the same heat to agriculture that [electronic calculators] did to math classes decades ago.”[2] ”[4]. ”[4]. Concluding Thoughts. Footnotes. [1]

Analytics Software 130

Analytics Software Modeling Software Optimization Software Forecasting Software 130

Precoro

OCTOBER 16, 2023

Regardless of size or industry, every organization relies on procurement to achieve its objectives and stimulate growth. Procurement, the art of acquiring goods and services, is not just an option but a fundamental requirement for businesses to function smoothly. What is a Procurement Contract?

Procurement Solutions 98

Procurement Solutions Optimal Sourcing Procurement Analytics Procurement 98

EC Sourcing Group

JULY 29, 2021

eSourcing technology has certainly come a long way, but everyone’s procurement process is slightly different, and you may find there is no one-size-fits-all solution out there —at least so far. Even if these are features you don’t think you need, in most situations, they will help with your supply chain and procurement flow.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Supply Chain Software Purchasing Skills 52

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

Logistics Viewpoints

JUNE 9, 2022

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Before the peaks – using data analytics to make the right decisions. For how many hours has the motor been running?

Logistics Network Optimization Software 224

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 224

ShipBob

NOVEMBER 29, 2023

And two days ago a few units were reported stolen. Ultimately, it results in struggles with business spending, purchasing, and productivity. Even though the items are not physically present in your storage space or warehouse, the digital records show that it’s “in stock” or on hand. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Precoro

APRIL 1, 2024

As the drawbacks of time-consuming and error-prone manual invoice processing become increasingly evident, more and more companies are switching to electronic invoicing as a convenient alternative. Electronic invoicing, also known as e-invoicing, is the automation of the invoicing process using a specialized e-invoicing tool.

Procurement Solutions 105

Procurement Solutions Modeling Software Supply Chain Network Software Inventory Management Software 105

Supply Chain Shaman

DECEMBER 11, 2018

While there is much hype on DDMRP and the use of orders as a proxy for demand, companies need to remember that orders carry latency: they are out-of-step with market purchase behavior. The transformational wave is slowly transforming the automotive industry from a focus on selling “rides” versus the purchase of an automobile.

Supply Chain Planning Software 199

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 199

NC State SCRC

FEBRUARY 20, 2023

Supply chain partners have been using EDI , a standard electronic format, to share data and transact business for more than sixty years, and it continues to evolve. Ordering a new car meant hearing the salesperson blabber on about electronics shortages causing their low inventory. Finding toilet paper resembled a Hunger Games quest.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Supply Chain Game Changer

NOVEMBER 4, 2020

The present-day weighbridges are so advanced that they provide data regarding stock levels. As a faster and more reliable company, you can present your clients as leaders in their field and solutions to their problems. A business can optimize its fleet management operation using such analytics and reports. Saves Time.

Optimization Software 111

Optimization Software Analytics Software Supply Chain Software Optimal Sourcing 111

Jaggaer

OCTOBER 22, 2020

He was joined by Youness Taghrichte, Head of Procurement at Attijariwafa Bank, together with Richard Hogg, VP Northern Europe, JAGGAER, and Javier Lopez, Senior Value Engineer, JAGGAER. Spend management and procurement will play a key role in enabling banks to achieve their efficiency targets while managing supply chain risks,” he added.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. Challenges Digitizing your supply chain offers numerous benefits, but it also presents a set of challenges.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

PINC

APRIL 29, 2020

Once the details are validated by the driver, he or she is presented with a drop location based on criteria (i.e., All the information collected is presented online on PINC’s yard platform. Information is readily available in the application in the form of reports, digital yard maps, digital whiteboard, and dashboards.

Demand Planning Software 147

Demand Planning Software Logistics Network Optimization Software Inventory Reduction Supply Chain Software 147

Intelligent Audit

JUNE 29, 2021

Disruptions in the shipping industry, marked by tight capacity and upward pricing pressure forced pharmaceutical shippers to implement more agile and effective means of distribution, resulting in the integration of shipping technology to optimize shipping flows, reduce overall costs, & improve customer experience. within six months. .

Pharmaceutical 52

Pharmaceutical Prescriptive Analytics Software Shipping Analytics Software 52

Intelligent Audit

JUNE 29, 2021

Disruptions in the shipping industry, marked by tight capacity and upward pricing pressure forced pharmaceutical shippers to implement more agile and effective means of distribution, resulting in the integration of shipping technology to optimize shipping flows, reduce overall costs, & improve customer experience. . within six months. .

Pharmaceutical 52

Pharmaceutical Prescriptive Analytics Software Shipping Analytics Software 52

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. Businesses can dramatically reduce the costs associated with establishing new supplier relationships, expedite onboarding activities and relevant procurement processes. Ongoing relationship.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

Supply Chain Game Changer

APRIL 21, 2020

So much time is spent in data entry, spreadsheet creation and manipulation, chart creation, purchase order changes, labelling, reporting and more that is wasteful. You download their app, take the goods off the shelf as you need and as you leave the store your purchases are automatically billed to you. There are no cashiers.

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

Unleashed

FEBRUARY 21, 2022

There’s also an increased expectation that demand can be anticipated by the use of data analytics, artificial intelligence, and tracking of customer trends. According to this Deloitte report, transportation challenges are likely to continue through 2022 , and new strategies will need to be adopted to lessen the impact.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Enterra Insights

JANUARY 29, 2019

They still rely on paper-based, manual processes; they lack electronic connectivity with most of their trading partners; their data quality is still poor (inaccurate, incomplete, and/or not timely); and they have failed to modernize their IT systems.” ” Not all companies are laggards. ”[2]. ” Concluding thoughts.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

Freightos

DECEMBER 22, 2015

Join the ghosts of Christmas Past, Present and Yet to Come as they visit the Xmas supply chain. Production Freight Receiving Purchasing Retail Logistics Production: Santa’s little helpers. The production for Christmas Present is one of perpetual flux and readiness, from R&D, sourcing and assembly to distribution.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Purchasing Skills Agile and Lean Supply Chain 120

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table. Increasing Equipment Uptime.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Supply Chain Game Changer

JULY 16, 2020

Accepting or submitting orders via email allowed companies to have electronic paper trails to maintain accurate inventory counts and keep clients satisfied. Authorized parties can log in and check statistics or look at electronic documents from anywhere in the world, allowing them to improve the support given to colleagues and customers.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 124

Supply Chain Matters

AUGUST 16, 2023

Rivian Automotive ’s recent report on quarterly financial performance provides evidence that this EV start-up is showing signs that the company has done its homework in supply chain and production operations industry basics. Net loss was reported as $1.2 That included total revenue of $1.1 billion, compared to $1.7

Supply Chain Design Software 52

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 52

Precoro

OCTOBER 25, 2021

Jeremy Beauchamp , operations manager at Bright Peak Therapeutics, has kindly agreed to share his team’s experience setting up a procurement management process from scratch using Precoro. Bright Peak’s Procurement Background. As a new start-up, Bright Peak didn’t have a procurement system in place.

Optimal Sourcing 98

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 98

Supply Chain Game Changer

OCTOBER 8, 2019

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. Think about purchase order management.

Waste Reduction 63

Waste Reduction Inventory Reduction Resource Reduction Price Reduction 63

SupplyOn

SEPTEMBER 25, 2018

Diehl Aviation redefines Purchasing and Supply Chain Dr. Franz Josef Kirschfink, Managing Director of Hamburg Aviation, welcomed the participants of the SCE Forum. Johannes Bloch, Senior Vice President Strategic Procurement at Diehl Aviation, presented Diehl’s future purchasing strategy.

Aerospace 40

Aerospace Procurement Analytics Industrial Industry 40

ThroughPut

NOVEMBER 12, 2020

McKinsey suggests that warehouse operations can be critical in presenting an untapped improvement opportunity in the supply chain. However, this can be avoided by using electronic advanced shipping notifications within the purchase order and inventory management functions. Advance shipping notification. Manage critical KPIs.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported 50 value for February was up 0.9

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

Enterra Insights

AUGUST 5, 2022

For example, journalists Jason Lalljee ( @jasonlall9 ) and Madison Hoff report, “Walmart announced Monday that it will be implementing markdowns across its inventory in response to too much inventory and inflation affecting consumers’ ability to shop. … And it’s not just Walmart.”[2]. ”[2].

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

Precoro

MAY 8, 2023

With over 1,000 students, the school purchases a lot of supplies for students as well as office supplies for the administration. We had the chance to discuss the school's initial approach to procurement compared to its new, automated process using software with Caroline Hickey, Business Associate at CCPCS.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Price Reduction Vendor Strategies 52

SupplyPike

JUNE 5, 2020

In contrast, Walmart purchases a product from a Walmart supplier. Walmart will put these products online and in its retail outlets for sale after a purchase order is sent. Step 1 : Present the Merchandise. At present, the registration fees for a US-based Walmart supplier total $125.00.

Procurement Solutions 58

Procurement Solutions Purchasing Skills Retail Procurement Analytics 58

Taulia

OCTOBER 20, 2021

As such, an efficient supply chain is one in which orders are fulfilled by suppliers on time, while minimizing operational costs. While every company will have different priorities, a number of metrics can be used to measure supply chain efficiency. Calculated as cost of goods sold/average inventory.

Sourcing Strategies 105

Sourcing Strategies Optimal Sourcing Supply Chain Software Supply Chain Optimization 105

Enterra Insights

JULY 25, 2019

” What often goes unspoken is the fact that something having potential means there may not be much to crow about at the present. Potential refers to a future state rather than the present state. Tracking payment information, such as purchase orders. They are: Tracking products moving through the supply chain.

Supply Chain Planning Software 100

Supply Chain Planning Software Gartner Supply Chain Software Manufacturing Procurement 100