NC State SCRC

JANUARY 3, 2025

The procure to pay focus may continue, but other types of COE activities are layered on top, building on progressively more sophisticated activities such as KPI development, category intelligence support, risk management, contract management, and predictive analytics.

Negotiating Skills 52

Negotiating Skills Procurement Analytics Purchasing Skills Supply Chain Planning Software 52

The Logistics & Supply Chain Management Society

MAY 28, 2022

Traditionally, supply chains were focused on minimising supply chain costs and a continuous effort to get supply chains lean, through programmes such as lean six sigma, and far less emphasis on risk management. Let’s better understand these 5 megatrends shaping supply chain innovations in the coming years.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

Precoro

OCTOBER 6, 2022

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. Thorough analysis allows procurement professionals to surface, visualize, and present purchasing patterns, which are then evaluated by the stakeholders. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Supply Chain Shaman

DECEMBER 12, 2024

Global supply chains are built on three assumptions: rational government policy, availability of transportation resources, and low variability. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. Compliance, sanctions, and tariffs loom.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

Supply Chain Shaman

JUNE 21, 2023

A Focus On Risk. Why Not the Balance of Risk and Opportunity? Today’s risk management solutions focus largely on supply sensing and early alerting. Some solutions now include proactive event management driving recommendations to correct/prevent disruption.

Gartner 424

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 424

Talking Logistics

JUNE 5, 2017

An interruption in delivery of parts from a partner in Europe can therefore also have implications in China,” said [Markus Duesmann, BMW board member in charge of purchasing and supplier network]. What is happening to BMW today is another case study in supply chain risk management. At 9:05am today, an earthquake of magnitude 7.0

Supply Chain Software 154

Supply Chain Software Manufacturing Procurement Supply Chain Supply Chain Risk Management 154

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 Risk Management Monitoring different events that could disrupt supply chains is an ideal application of AI.

Supply Chain Planning Software 52

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

Supply Chain Shaman

OCTOBER 29, 2020

While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. Let’s learn from the past to unlearn to rethink supply chain excellence. Inventory management is about much, much more than safety stock management. My takeaway?

Optimal Sourcing 299

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 299

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 Forecasting Software Analytics Software 136

Supply Chain Opz

NOVEMBER 9, 2014

percentage of second-tier suppliers who follow a certain risk management or IT standard”). Work with your broker to see if you can get priority on unloading the ship and inland transport. However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g.,

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

GlobalTranz

MARCH 4, 2015

Franklin Center for Supply Chain Management at the Martin J. Whitman School of Management at Syracuse University. We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. Supply Chain Management Academic Program Gets Hands on Experience from Staples’ Supply Chain Excellence.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 120

Talking Logistics

DECEMBER 11, 2014

And its technology assets too, like the Kiva robots Amazon purchased [in 2012] and the data centers that power its cloud computing services. Managed Services: The “Stretch Armstrong” of Logistics. Big Data and Analytics for Oil and Gas Transportation. For related commentary, see Insights from Ryder Innovate 2014.

Predictive Analytics Software 260

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 260

GlobalTranz

AUGUST 3, 2015

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. Additionally, some ERP systems may not contain all of the functionality found within lower-level Transportation Management Systems (TMSs).

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Procurement Solutions 120

Supply Chain Movement

JUNE 11, 2014

Today it operates in 67 countries with 143,000 employees and has 76 business units on six platforms that cover animal feed, food production, energy and transportation, financial services and pharmaceuticals. Our buyers are purchasing micro ingredients, such as vitamins, additives, minerals, etc. All three should be in balance.”.

S&OP 107

S&OP Supply and Demand Material Savings Sourcing Strategies 107

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? Where is the risk?

Supply Chain Design Software 150

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

Enterra Insights

FEBRUARY 13, 2019

You can use data gathered from user behavior and purchases to predict how they may act in the future or tailor marketing efforts to their likes, dislikes and buying habits.” Risk management. ” Machine learning and the supply chain. Pattern recognition. Preventive maintenance. ” 9. .”[6]

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

ThroughPut

JUNE 2, 2025

Increasing Complexity of Global Supply Chains Geographic Dispersion and Logistics: As companies expand operations globally, managing the timely delivery of spare parts across multiple regions becomes more challenging. I manage parts across many plantshow do I keep track of everything? Will this work with my current ERP or Excel system?

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Vendor Strategies Cost Reduction Strategies 52

ivalua

JULY 13, 2022

Buyers are expected to scrutinize every aspect of the purchasing process to identify ways to reduce their carbon footprint, source sustainable materials, and promote diversity. The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. Supplier Performance Evaluation.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130

CH Robinson Transportfolio

APRIL 27, 2021

Now that we can view the incident in hindsight, I wanted to share three risk management lessons you can take away from this to create a healthier supply chain. . Perishables are on tight delivery schedules that ensure the product arrives at its destination fresh and ready for purchase.

Risk Management 49

Risk Management Supply Chain Risk Management Supply Chain Planning Software Supply Chain Strategy 49

Procurement Academy

OCTOBER 19, 2023

Your business needs a broader vision to address sustainability, deliver on risk management and resilience challenges, nurture buyer and supplier relationships, as well as meet procurement excellence. Distributive negotiations come into play with price negotiations of a one-time purchase, such as a single shipment of goods.

Optimal Sourcing 52

Optimal Sourcing Vendor Strategies Price Reduction Resource Reduction 52

SupplyOn

APRIL 16, 2020

Efficient risk management is key to making supply chains and production capacities more resilient. Efficient risk management plays a central role in meeting these challenges. Yet: without data consolidation, there are no meaningful results for risk assessment. Which specific transport is impacted?

Sourcing Strategies 40

Sourcing Strategies Risk Management Supply Chain Planning Software Supply Chain Network Software 40

GlobalTranz

JANUARY 5, 2016

Then, as a treat, we have 10 more bonus supply chain trends for 2016 in the form of an infographic from irms 360 Enterprise, a Cloud Warehouse Management System. A Bigger Focus On Supply Chain Risk Management, Especially Resiliency. Risk Management Comes to the Forefront: Supply chain risks come in a variety of forms.

Supply Chain Planning Software 120

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

Supply Chain Game Changer

NOVEMBER 16, 2022

Along with cost savings, procurement managers are focusing on optimizing and automating processes. Digital procurement practices are a significant factor in achieving company excellence. Direct purchase requests from employees are possible with varying levels of auto-approval. Risk management. Cost Saving.

Optimal Sourcing 21

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 21

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Changing Landscape of Supply Chain Executives Traditionally, supply chain executives excelled in managing functions like transportation, warehousing, inventory, and production planning but supply chain process extends beyond the firm, involving global relationships with suppliers and customers.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Precoro

FEBRUARY 26, 2025

They integrate finance, HR, sales, and supply chain management into one complex platform. Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Order Processing ERP procurement systems digitize the entire order process, from purchase order creation to invoicing and payments.

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

ThroughPut

OCTOBER 18, 2024

Kinaxis RapidResponse – Best for real-time supply chain planning and risk management Now known as Maestro, Kinaxis RapidResponse is another leading tool to feature on our list of the Best Supply Chain Management Software in 2025. Thus, all business processes are synchronized across all channels.

Supply Chain Planning Software 52

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

GlobalTranz

OCTOBER 23, 2015

Planning and risk management is imperative. Performance Management/Measurement Management. At the performance review employees think they have done excellent work but their manager gives them a low rating at their annual appraisal. Strategic Business Planning. Performance Appraisal/Review System.

KPI 120

KPI 3PL Supply Chain Planning Software Resource Reduction 120

Precoro

JULY 29, 2024

An online procurement system, also known as e-procurement software, is a digital platform designed to streamline and automate the buying process within an organization. It enables businesses to manage their procurement activities quickly and transparently, from requisition to payment. Let’s break them down.

Procurement Solutions 105

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

The Logistics & Supply Chain Management Society

JUNE 30, 2022

I had the opportunity to work with several excellent organisations, most notably, nearly 20 years with Ceva (including EGL or Eagle Global Logistcis) and now TVS SCS. Geopolitics – Near-shoring, quality and reliability, risk management; 4. In my view, five key changes are making a global impact: 1.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

SCMDOJO

JUNE 28, 2024

The supply chain field offers a wealth of opportunities for women, making it an excellent career choice for many reasons: 1. The demand for strategic thinking and problem-solving skills creates a path for women to excel. 10 years of experience in purchasing and procurement, the tobacco market in particular.

Negotiating Skills 93

Negotiating Skills Optimal Sourcing Purchasing Skills Supply Chain Design Software 93

SCMDOJO

MARCH 19, 2024

Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. Logistics Logistics involves managing the transportation and delivery of goods. Enroll Now! Coordinate with carriers and optimize routes.

Optimal Sourcing 98

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 98

Supply Chain Game Changer

NOVEMBER 21, 2022

Since this new system allows you to buy goods from other countries, you must know all about international shipping, from what to expect when shipping from another country to avoiding fraud. Medium Of Transportation. The time spent in transit and the cost of shipping your goods depends on the transportation medium.

Shipping 98

Shipping Supply Chain Planning Software Eliminating Excel in Purchasing Supply Chain Planning 98

Freightos

AUGUST 26, 2015

Transport Intelligence, the well-respected U.K. Transport Topics. With over 60,000 monthly viewers, Transport Topics is a prime destination for freight buffs, especially those who specialize in trucking. American Journal of Transportation. Official magazine of the American Council of Supply Chain Management Professionals.

Resource Reduction 120

Resource Reduction Resources Logistics Network Optimization Software Logistics 120

GlobalTranz

FEBRUARY 5, 2019

At Walmart, shoppers could use the large purchase vending machines to pick up their orders in New Braunfels, or consumers could scan a barcode and enjoy a relaxing moment in the plush sofas at the Walmart in Lubbock. The Move to LTL Digital Shipping.

Eliminating Excel in Purchasing 202

Eliminating Excel in Purchasing Procurement Analytics Logistics Network Optimization Software Report 202

Supply Chain Game Changer

OCTOBER 28, 2020

The top 5 technical skills were, in order: Inventory Management, Project Management, Best Practice Knowledge, Computer Skills, and Risk Management. Source ,” which includes Buyers, Category Managers, Commodity Managers, Procurement Specialists, Purchasing Managers and Sourcing Managers.

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

MIT Supply Chain

MARCH 27, 2014

Now the profession and the business community must move even quicker to develop the supply chain expertise they need to excel in a rapidly changing world. The overall affect is to make supply chains even more reactive to customer buying patterns. SCM has evolved rapidly over the last decade or two to attain this lofty status.

Agile and Lean Supply Chain 68

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 68

SCMDOJO

JULY 24, 2023

Contract logistics is a specialized service offered by third-party logistics (3PL) providers to manage supply chain operations on behalf of a company. It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Optimal Sourcing Negotiating Skills Inventory Management Software 98