My Office Apps

JANUARY 16, 2024

Start Your Year with Cloud-Based ERP: The Ultimate Guide to Operational Excellence Begin your year on a transformative note by embracing the power of Cloud-Based Enterprise Resource Planning (ERP) systems. Cost-Efficiency: Operates on a subscription model, reducing upfront costs and handling maintenance, updates, and security.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Optimal Sourcing Manufacturing Procurement Procurement Analytics 105

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

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

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 116

Negotiating Skills Optimal Sourcing Manufacturing Procurement Procurement Analytics 116

SCMDOJO

DECEMBER 5, 2024

Various strategic steps and procurement procedures are incurred to make informed decisions about inventory production. The 7 Stages of the Inventory Life Cycle Procurement Acquiring necessary goods and materials before starting a business is essential. This step involves donation and charity programs.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

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

Logistics Viewpoints

AUGUST 28, 2024

Blockchain Blockchain is a secure method for storing the data collected by DPPs. Having a well-documented DPP also makes it easier to report to regulators and stakeholders. Why DPPs Matter Consumers today expect transparency about the products they purchase. This can reduce the risk of non-compliance fines or other penalties.

Optimal Sourcing 310

Optimal Sourcing Optimization Software Modeling Supply Chain Optimization 310

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Silvon Software

APRIL 16, 2025

Striking the perfect balance between available stock and cost efficiency is key. By leveraging analytics and key performance indicators (KPIs), manufacturers can optimize inventory, reduce waste, and boost profitability. It supports smarter buying by showing which categories or products deliver the best ROI.

Optimal Sourcing 65

Optimal Sourcing Inventory Reduction Supply Chain Optimization Price Mitigation Strategies 65

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Overall, total costs of the value network have increased because companies have not owned their networks. “ I scratch my head.

Pricing Training 262

Pricing Training Supply Chain Design Software Purchasing Training Waste Reduction 262

Precoro

APRIL 6, 2022

If you're reading this now, then you’ve probably noticed how outdated traditional procurement systems recede into the past and are replaced by new modern solutions. What is Cloud Procurement? These services include: Software; Analytics; Networking; Data storage; Servers and more. Three Categories of Cloud Procurement.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 98

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

Manufacturing Procurement 90

Manufacturing Procurement Optimal Sourcing Procurement Analytics Cost Reduction Strategies 90

Supply Chain Shaman

JUNE 14, 2018

For many, mandating SAP is job security for the IT implementation team. Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. PFEP optimizes the policies that define how to procure each part. Cross Site Analytics. Organizational alignment is an issue.

Optimal Sourcing 191

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 191

Jaggaer

MARCH 23, 2020

And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Analytics has been with us for some time – more than a couple of decades. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 21

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 21

ivalua

AUGUST 21, 2022

As a Procurement Leader, carbon neutrality by 2050 should be a central focus and Dr. Natacha Tréhan’s comprehensive research offers practical tips to get you on track. First, let’s start with procurement and how it plays a significant role in reducing the carbon footprint with 3 key areas of impact: – Actions with suppliers.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Material Savings Supply Chain Design Software 130

Silvon Software

SEPTEMBER 28, 2023

Silvon has noticed over the past several years that a shift towards a modern data hub architecture to support enterprise analytics and reporting has been driven by a number of key business drivers. Once integrated, the data is made “analytics ready” and securely available to users.

Procurement Analytics 105

Procurement Analytics Report Data Optimal Sourcing 105

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

Logistics Bureau

NOVEMBER 3, 2024

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

Kinaxis

AUGUST 24, 2015

It never ceases to surprise me when I hear how many enterprises entrust a mission-critical task to the desktop spreadsheet software Excel®. Consider the Supply Chain Insights report, Research in Review (Nov 2014), that states: “Many companies have five to 30 Enterprise Resource Planning systems and two to three supply chain planning systems.

S&OP 100

S&OP Supply Chain Planning Software Supply Chain Design Software Forecasting Software 100

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] Making the Best of a Growing Challenge.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

ivalua

APRIL 5, 2019

In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. I’d suggest that “speed” has both internal and external dimensions.

Procurement Solutions 100

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 100

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 Challenges with AI One of the biggest challenges I hear from managers are the worries around security risks. This will be changing soon.

Supply Chain Planning Software 52

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

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. The misalignment can result in multitude of negative consequences such as high warehousing costs, cash flow difficulties, loss of sales, which can lead to permanent loss of loyal customers.

Forecasting 105

Forecasting Forecasting Software Demand Planning Software Modeling 105

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 11, 2025

The Volatility of Demand: Recessions typically lead to reduced consumer and business spending as concerns about job security and financial stability rise. Businesses may struggle to balance inventory, increasing the likelihood of either overstocking, tying up valuable capital and incurring storage costs, or understocking.

Supply Chain Planning Software 69

Supply Chain Planning Software Inventory Reduction Waste Reduction Supply Chain Design Software 69

Silvon Software

NOVEMBER 14, 2024

They may include varying levels of detail in their POS reports. Their report formats may be inconsistent. Some of the most common real-world applications of POS data analytics include: Sales Analysis to identify trends in customer behavior, assess the effectiveness of pricing strategies, and evaluate the success of marketing campaigns.

Inventory Reduction 59

Inventory Reduction Price Reduction Resource Reduction Optimal Sourcing 59

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

crisp

NOVEMBER 8, 2024

This busy time of year demands an agile approach, powered by real-time data, to meet these diverse demands and deliver excellence in the new year. Real-time data is a gift Not long ago, category teams relied solely on syndicated market reports for seasonal performance indicators, which were often made available weeks after the fact.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Inventory Reduction Resource Reduction Price Reduction 52

QAD

JULY 25, 2023

Your B2B digital commerce solution should be able to provide personalized recommendations, promotions, and pricing based on customer behavior and purchase history. Security : Security is a top concern for online buyers. These security features help protect customer data and build trust with your audience.

Procurement Solutions 98

Procurement Solutions Analytics Software Procurement Analytics Optimization Software 98

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 79

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 79

Logility

AUGUST 24, 2022

NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2023. This annual award honors IT companies that support and enable logistics excellence. million and purchased Starboard Solutions Corp., ATLANTA (August 24, 2022) American Software, Inc. million compared to $0.5

Network Design Software 130

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

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. around the globe?—?and

Procurement Solutions 68

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 68

Enterra Insights

SEPTEMBER 30, 2022

One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. Analysts from Chicory note, “The grocery shopper’s path to purchase from digital to in-store and other online environments has always been obscure.”[2] The Omnichannel Consumer. during 2020.

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

Freightos

MAY 31, 2022

I can walk into a local shop and purchase products from all around the globe. This isn’t just about consumerism; it’s inspiring to think that in purchasing an imported product, we are, in a tiny way, helping provide employment for people across our planet, often in developing countries. I started Freightos a decade ago, in 2012.

Purchasing Skills 156

Purchasing Skills Predictive Analytics Software Logistics Network Optimization Software Supply Chain Planning Software 156

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69