Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement Analytics 95

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 95

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. With fixed models and hard-wired data feeds, teams could not adjust the planning systems to use consumption data or market indicators. The reason?

Supply Chain Planning Software 292

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 292

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

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

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. In each industry sector, companies face unprecedented variability. Market Shifts by Industry Sector. Background.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. Replatforming Current Planning Solutions.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 219

Supply Chain Shaman

SEPTEMBER 22, 2021

Executing an event in the middle of the Covid-19 pandemic is challenging. At the end of the presentation, I asked Allyson her perspective on open source analytics. My question was, ” Would the world of Python, R, and NoSQL offer for an improved modeling environment with a digital twin deployment. ” My take?

Optimal Sourcing 219

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 219

Procurement Academy

JUNE 30, 2022

During the 1970’s oil crisis and the rampant inflation that followed, skilled procurement professionals were in demand more than ever before. While professionals have superior technology and analytics on their side, the challenges associated with procurement in a high inflation environment remain the same – and so do the solutions.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Procurement Purchasing Skills 52

Oracle SCM

MARCH 3, 2020

Procurement professionals are now playing an increasingly strategic role within their organizations. Procurement of raw materials and components that go into the manufacturing process is essential to ensure final product quality and strong financial performance. The new procurement professional needs a broad set of skills.

Manufacturing Procurement 78

Manufacturing Procurement Procurement Analytics Negotiating Skills Procurement Solutions 78

Supply Chain Shaman

JANUARY 31, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Focus on Cost. As an analyst, I conduct primary research.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Logistics Viewpoints

MARCH 20, 2023

Chakri Gottemukkala, CEO at Supply Chain Planning Vendor o9 Solutions There are several young supply chain software companies that are unicorns. One of the more interesting is o9 Solutions. In January of 2022, Dallas-based o9 Solutions was valued at $2.7 The data required will be different in different industries.

Supply Chain Planning Software 209

Supply Chain Planning Software Modeling Software Procurement Solutions Demand Planning Software 209

Supply Chain Movement

SEPTEMBER 14, 2016

51st Symposium Purchasing and Logistics. en/all-events/51st-symposium-purchasing-and-logistics/. Contrary to expectations, the deceleration of growth in China, the geopolitical crisis in the Middle East and the financial plight of countries that export crude oil have all had an impact on the export-driven German industry.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Purchasing Skills Agile and Lean Supply Chain 60

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. Unfortunately, the industry is full of a lot of Anna(s) and her friends, the doubting Thomas (s). In the industry, supply-centric techniques reign with lots of bravado and messaging on control towers, Demand-driven Materials Requirements Planning (DDMRP), and generative AI.

Supply and Demand 389

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 389

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

ToolsGroup

MARCH 3, 2021

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. Requirements for demand forecasting in the fashion industry. trillion U.S. trillion U.S.

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

Supply Chain Shaman

FEBRUARY 7, 2022

Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. The reinvention of planning is needed, but it is hard to unwind the industry. I have been an industry analyst for two decades. Focus on Cost. As an analyst, I conduct primary research.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

GlobalTranz

SEPTEMBER 23, 2021

Let’s consider these top factors affecting the trucking market, their implications on supply chains and how they are driving change within the industry. . High freight volumes across all industries in the trucking market are expected to continue into 2022.? Legislation may also affect change in the industry.?

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. Organization: Revolution Events. 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 Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

Resilinc

MARCH 26, 2024

Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. How does Resilinc use regression models?

Modeling 107

Modeling Supply Chain Risk Management Modeling Software Risk Management 107

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. But do you really need to look specifically at digital twin solutions, or might some of these already be available in the automation you already have?

Modeling 236

Modeling Analytics Software Supply Chain Design Software Optimization Software 236

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain? How should the supplier perform?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. Purchase Order Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

GlobalTranz

APRIL 25, 2016

Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. 10 Soft Metric Considerations in Measuring Supply Chain Performance.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial? Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

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 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

ThroughPut

JULY 24, 2022

The retail industry has been witnessing unending turmoil over the last couple of years by way of a series of challenges – ranging from shifts in purchasing habits and consumer demands to the vagaries of a relentless global pandemic that continues to trigger seismic upheavals. Focus on both top and bottom-line growth.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Forecasting Software Optimization Software 96

Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! Events and disruptions are par for the course in supply chain, so we need tactics to kick in for problem resolution. I should have known better. I work in supply chain. I wish I had.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

ivalua

APRIL 7, 2022

This year, we centered our event around the theme “Stronger Together” to celebrate the collective challenges we have overcome and how we can move forward with renewed priorities. NEW Payments Solution. Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester.

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

Locus Robotics

JANUARY 2, 2024

There are five pivotal solutions and trends that are reshaping the logistics landscape. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Supply Chain Matters

JANUARY 11, 2023

In July of 2022, Supply Chain Matters provided our readers added perspectives and highlights regarding supply chain planning technology provider Logility’s acquisition of supply chain network design technology start-up Starboard Solutions. Evolution of Supply Chain Network Design Technology.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

Supply Chain Shaman

JULY 23, 2023

I never republished the report, because not enough has changed to warrant it.) The report centers on the concept of moving from inside-out to outside-in technologies. At the time, one of the people (let’s call him Noel) that I great respect for in the industry called me to say, “Lora, I don’t get it.

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 343

QAD

MAY 24, 2023

Best practices are required in every industry to keep up with today’s digital landscape. Global supply chains change enough to necessitate comprehensive visibility and shared views across entire manufacturing enterprises and other industries. Tailor the right digital and interpersonal tools to every obstacle.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Optimal Sourcing 52

Locus Robotics

JANUARY 2, 2024

There are five pivotal solutions and trends that are reshaping the logistics landscape. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Enterra Insights

JUNE 22, 2023

With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130