ivalua

MARCH 14, 2019

It’s a question that you can answer for yourself at Ivalua Now – The Art of Procurement , being held, appropriately enough, at The Louvre, Paris 10 th – 12 th April. In the process, these advances are enabling procurement leaders to look beyond their traditional remit. Blog first published by our friends at Purchase to Pay Network.

Procurement Analytics 100

Procurement Analytics Procurement Purchasing Skills Eliminating Excel in Purchasing 100

RFgen

DECEMBER 19, 2024

Data-Driven Decision Making : Using analytics to continuously refine operations. Key Benefits and Business Impact Warehouse optimization offers significant advantages across multiple areas: Cost Reduction: Expect a decrease in operational expenses, lower labor costs, and reduced energy consumption.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Performance on the Supply Chain Metrics That Matter.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Shaman

FEBRUARY 16, 2016

One of my clients waits four days for a custom report. As a result, analytics are usually based on historic data with outputs having a one- or two-day lag. As shown in Figure 1, while the initial focus is on analytics, in the next ten years digital processes will develop based on a confluence of technologies. Take your time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Software Supply and Demand Supply Chain Design 150

NC State SCRC

APRIL 30, 2025

Many of the managers I speak with are buying into the application of artificial intelligence in the workplace, but often struggle to identify specific processes that are best suited for AI.I This will be changing soon. Challenges with AI One of the biggest challenges I hear from managers are the worries around security risks.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Demand Planning Software Analytics Software 52

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Building on the huge success of eWorld Procurement & Supply – which has been running bi-annually in London since 2001 – the new Procurement Summit will bring together 150 purchasing and finance professionals from across the commercial, public and third sectors. Procurement Automation.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

IQMS

NOVEMBER 29, 2018

Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.

Manufacturing Procurement 102

Manufacturing Procurement Trends Procurement Analytics Manufacturing 102

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 136

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 136

Supply Chain Shaman

DECEMBER 30, 2021

Few planning systems update delivery based on actual dwell times; and despite the abundance of Internet of Things (IOT) data, there is no place to put streaming data signals into traditional planning systems. Truck drivers report that maintenance issues are a constant nightmare. Break your dependency on Excel Spreadsheets.

Supply Chain Design Software 195

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

Kinaxis

MARCH 6, 2018

Gagan was reporting to the CIO, and the board of directors recently mandated the company embark on a digital transformation journey. Planning in silos, node by node : Finished-goods distribution planning, manufacturing planning and purchase planning were all happening in silos, further adding to the company’s woes.

Agile and Lean Supply Chain 153

Agile and Lean Supply Chain Supply Chain Planning Software Analytics Software Predictive Analytics Software 153

Logility

AUGUST 12, 2021

Most companies understand that accurate forecasts are a critical part of minimizing inventory, maximizing production efficiency, streamlining purchasing, optimizing distribution, minimizing waste, and projecting future performance confidently. Preparing for Market-Driven Demand. Advanced Inventory Management. Planting the Seeds for Success.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. How easy is it to buy from your company? Bio-engineering? Customization?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

NC State SCRC

DECEMBER 30, 2018

One of our newest SCRC partners, Siemens Building Technologies, recently shared their insights on creating an analytics strategy. This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization. What is digital governance and stewardship?

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

Supply Chain Shaman

MARCH 15, 2016

Sadly, I find each to have a limited view of supply chain analytics. However, visibility of channel relationships–customer orders and consumption/purchase–in the demand network, or the use and consumption of materials in the extended supplier network, is an ongoing issue. In 2004 Compuware purchased Covisint.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Supply Chain Shaman

OCTOBER 8, 2017

While many technologists wave their hands advocating that Internet of Things (IOT) is the answer, I say not so fast. Won’t we have the same issue for Internet of Things data? ” At the other end of the continuum is the argument that “ Forecast error is the most important metric to improve.”

Supply and Demand 199

Supply and Demand Supply Chain Design Software Supply Chain Planning Software Forecasting Software 199

Supply Chain Shaman

JULY 29, 2017

When the report published, it stimulated many conversations. As shown in Figure 2, few orders and purchase orders flow hands-free. This included the testing of new technologies like cognitive computing, blockchain, open source analytics, and Internet of Things (IOT). The reason is simple.

Supply Chain Network Software 170

Supply Chain Network Software Supply Chain Design Software Modeling Software Analytics Software 170

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Cost Reduction Strategies Price Reduction 163

Supply Chain Insights

AUGUST 29, 2017

It matters not what your metric is, you get the same results: too much of our trade spend goes down the drain, doesn’t it? Most domain experts will say that there are many causes for why trade promotions fail; but it really comes down to only one major thing: bad intelligence.

Supply Chain Planning Software 95

Supply Chain Planning Software Forecasting Software Predictive Analytics Software Modeling Software 95

Kinaxis

MARCH 6, 2018

Gagan was reporting to the CIO, and the board of directors recently mandated the company embark on a digital transformation journey. Planning in silos, node by node : Finished-goods distribution planning, manufacturing planning and purchase planning were all happening in silos, further adding to the company’s woes.

Supply Chain Planning Software 111

Supply Chain Planning Software Agile and Lean Supply Chain Analytics Software Predictive Analytics Software 111

Supply Chain Game Changer

AUGUST 26, 2021

The Internet of Things (IoT) and digital transformation have opened the doors to what should be limitless transparency across the most complex supply chains. Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning.

Supply Chain Visibility 105

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Agile and Lean Supply Chain 105

Kinaxis

JULY 19, 2016

Thanks, in part, to the rise of the Internet of Things, customers are more informed than ever before, and they expect to be able to retrieve details about a person, business, or product in seconds. They expect to be able to make purchases and receive service in that same lightening quick timeframe. Easy Scenario Comparisons.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Network Software 100

SYSPRO Smarter ERP

JANUARY 17, 2022

I’ll remember the importance of pixels when purchasing my first smart TV to stream documentaries when you’ve joined me on my utopian island tucked away from the chaos of the world. The exponential growth of data. Data-driven manufacturing and distribution.

Data 105

Data Manufacturing Procurement Internet of things Eliminating Excel in Purchasing 105

GlobalTranz

DECEMBER 18, 2015

No Purchase Orders were used. There was no inventory carrying costs or concern for inventory turns. However, one thing that should come to mind is the prowess of the retail giant's supply chain excellence. Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain Optimization 120

Enterra Insights

AUGUST 19, 2020

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. Which data metrics are most relevant to your demand forecasting? The Internet of Things (IoT). ”[1]. .”[3] Are there outdated technologies in your supply chain?

Logistics Network Optimization Software 100

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

Enterra Insights

JULY 10, 2020

Governmental stay-at-home orders during the pandemic motivated most consumers to increase their online buying behavior — making residences a destination of choice for their purchases. And, last mile cost control is becoming more difficult for both urban and rural deliveries to consumers and business.”[4]

Expense Reduction 100

Expense Reduction Cost Reduction Strategies Analytics Software Logistics Network Optimization Software 100

Elementum

FEBRUARY 7, 2024

This integration allows for the automation of straightforward tasks, freeing up resources for more complex processes that require AI’s predictive capabilities and decision-making. Predictive analytics forecast potential disruptions, allowing for proactive measures to minimize delays and enhance customer satisfaction.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

QAD

APRIL 28, 2022

and many manufacturers are experiencing an era of deep disruption characterized by digitalization, digital transformation, data analytics, automation, cloud computing, AI and the Industrial Internet of Things (IIoT) – largely thanks to the World Wide Web and, of course, the internet. Real-time analytical insight.

Manufacturing Procurement 98

Manufacturing Procurement Analytics Software Supply Chain Design Software Supply Chain Network Software 98

GlobalTranz

JANUARY 5, 2016

When a business, or other organization, purchases equipment, parts, or remanufactured equipment it is an investment. At the same time, this data may indicate possible issues in the procurement process, regarding product quality and delivery. Increased velocity. Increased service market share. Higher achievement of sustainability goals.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Trends Supply Chain Optimization 120

Supply Chain Game Changer

NOVEMBER 16, 2018

More than 60 percent of marketers also envision leveraging AI to create dynamic landing pages, websites, programmatic advertising and media buying. In-fact, this example of analyzing data based on a user’s purchase history or online shopping behavior is the future for e-commerce.

Supply Chain Software 101

Supply Chain Software Logistics Network Optimization Software Optimization Software Analytics Software 101

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. And that’s precisely what’s on the horizon for supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

NC State SCRC

OCTOBER 8, 2016

As a young assistant professor at Michigan State University in 1992, I was part of a group called the Global Procurement Benchmarking Initiative. To drive centralized buying I had to dive down into the Bill of Materials and do a cross-tab.

Supply Chain Software 58

Supply Chain Software Optimal Sourcing Manufacturing Procurement Agile and Lean Supply Chain 58

Elementum

FEBRUARY 7, 2024

It’s a strategic reimagining of business models and processes, powered by cloud computing, big data analytics, and AI, making businesses more adaptive, responsive, and customer-focused than ever before. The result?

Optimal Sourcing 78

Optimal Sourcing Optimization Software Modeling Prescriptive Analytics Software 78

Locus Robotics

MARCH 9, 2023

By Geoff Whiting, Senior Writer, Red Stag Fulfillment Applying automation and artificial intelligence (AI) to supply chain management is an excellent way for manufacturers to increase the accuracy, speed, and efficiency of operations. RPA is an excellent tool for automating laborious processes currently executed manually.

Supply Chain Software 52

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

ThroughPut

APRIL 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence. Inventory control.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

Enterra Insights

JULY 7, 2020

At the heart of future smart systems, you are likely to find the concept of the Internet of Things (IoT). Analysts from Zerone note, “According to Forbes, it’s predicted that the amount of data generated will increase to 175 zettabytes by 2025. ”[1]. ”[3]. .”[5] Concluding thoughts. Footnotes. [1]

Internet of things 130

Internet of things Big Data Data Analytics Software 130

6 River Systems

JUNE 10, 2019

Now it is only a matter of test buying products through unauthorized channels to recognize where the supply chain leakage is coming from. So I asked, “How about we make our employee the number #1 and fortify them better to radiate excellence to the customer as transferred effect?” Some strategies for an excellent supply chain are: 1.

Sourcing Strategies 88

Sourcing Strategies Inventory Reduction Vendor Strategies Cost Reduction Strategies 88

NC State SCRC

AUGUST 31, 2024

This is particularly true in the supply chain field, where investors and start-ups are throwing around terms such as “Artificial Intelligence”, “Predictive Analytics”, “Machine Based Learning”, Robotic Process Automation, and Generative AI. But today, that isn’t the case… but it is changing. What will this look like?

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Predictive Analytics Software Supply Chain Software 52