Elementum

FEBRUARY 7, 2024

Business Process Automation AI: Revolutionizing Efficiency in the Digital Age Artificial Intelligence (AI) is dramatically transforming Business Process Automation (BPA), ushering in a new era of operational efficiency and innovation. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Talking Logistics

DECEMBER 11, 2014

made that prediction in 2008 (see the Barron’s article What $300-a-Barrel Oil Will Mean for You ). Three years later, he stayed with his $300-a-barrel prediction, but shifted the timeframe to 2020 (see the CBS News article, Another $300 Oil Prediction — and Why This One Matters ). million bbl/d in 2015.” .

Predictive Analytics Software 201

Predictive Analytics Software Supply Chain Design Software Logistics Network Optimization Software Predictive Analytics 201

Locus Robotics

JANUARY 2, 2024

There are five pivotal solutions and trends that are reshaping the logistics landscape. Learn how these innovations are transforming logistics operations. An example of AI-enabled workflow optimization is traffic heat maps that you can use to identify and eliminate bottlenecks in your warehouse picking routes or putaway processes.

Demand Planning Software 52

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

QAD

DECEMBER 5, 2019

Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. So, what does this have to do with innovation? Climate-driven Manufacturing Innovation. What’s needed are tools and technologies that go beyond current capabilities, and those require innovation.

Manufacturing Procurement 131

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 131

Locus Robotics

JANUARY 2, 2024

There are five pivotal solutions and trends that are reshaping the logistics landscape. Learn how these innovations are transforming logistics operations. An example of AI-enabled workflow optimization is traffic heat maps that you can use to identify and eliminate bottlenecks in your warehouse picking routes or putaway processes.

Demand Planning Software 52

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

Supply Chain Shaman

DECEMBER 11, 2018

Supply chain innovation is slowly simmering in the face of radical disruption. Recent releases of Advanced Planning Solutions (APS) refined but did not transform initial software concepts. Examples include Hadoop, Kafka, and Apache Spark. . A confluence of technology drives innovation. Together, we walk in a fog.

Supply Chain Planning Software 195

Supply Chain Planning Software Supply Chain Design Software Modeling Software Supply Chain Network Software 195

Enterra Insights

MAY 6, 2021

For example, Boian Alexandrov and Velimir ‘Monty’ Vesselinov, scientists at the Los Alamos National Laboratory, call big data a “bottomless ocean” and marketing expert Angela Hausman ( @MarketingLetter ), compares big data to “mountains.” Descriptive analytics. Diagnostic analytics.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

ThroughPut

MARCH 25, 2024

Our 2024 guide provides supply chain managers and planners with the latest tools and insights to refine their demand forecasting processes. Demand forecasting is the process of predicting future customer demand for a product or service. Demand forecasting predicts future customer demand using historical data and market analysis.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. Better cash flow management Purchasing inventory when it is needed and storing it in a cost-effective manner means cash is freed up for other aspects of the business. Equally, the likelihood that they will buy from you again is lower.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Supply Chain Shaman

MARCH 12, 2019

Examples include Enterprise Resource Planning (ERP), Warehouse Management (WMS_ or Advanced Planning (APS). The IT taxonomy for visibility is supply chain analytics. As a result, when I was a Gartner analyst and technology providers would provoke me to write a Magic Quadrant on visibility solutions, I would laugh.

Prescriptive Analytics Software 173

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 173

ThroughPut

MARCH 28, 2024

Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Food Retail In the food retail sector, AI has been helping reduce wastage as the tools can more accurately predict the demand for products. All for the good.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. One example of value addition can be in the form of supplier collaboration and developing long-term relationships with them. Technological infrastructure has been a blessing in disguise for the modern procurement world.

Procurement Solutions 58

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 58

Talking Logistics

DECEMBER 16, 2015

Well, my big audacious prediction for 2015 did not come true. Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. But some of my other predictions did hit the mark or came close. Making supply chain and logistics predictions is like throwing darts at a moving target.

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

BlueYonder

MAY 17, 2017

In parts 1 and 2 of this blog series, you learned about the role collaborative partnerships play in supply chain planning and execution with real-time visibility and predictive analytics and the benefits of the JDA and TransVoyant partnership. Real-Time Transportation Data Leads to More Efficient Decision Making.

Real-time Visibility 44

Real-time Visibility Sourcing Strategies Material Savings Cost Reduction Strategies 44

BlueYonder

MAY 17, 2017

In parts 1 and 2 of this blog series, you learned about the role collaborative partnerships play in supply chain planning and execution with real-time visibility and predictive analytics and the benefits of the JDA and TransVoyant partnership. Real-Time Transportation Data Leads to More Efficient Decision Making.

Sourcing Strategies 40

Sourcing Strategies Real-time Visibility Material Savings Cost Reduction Strategies 40

Turvo

NOVEMBER 23, 2021

Consumers or business owners create a purchase order. billion by 2027 , most large organizations are heavily invested in supply chain management technology and tools. billion by 2027 , most large organizations are heavily invested in supply chain management technology and tools. Making supply chain technology accessible to SMBs.

Supply Chain Software 86

Supply Chain Software Predictive Analytics Software Analytics Software Optimization Software 86

RFgen

APRIL 12, 2024

To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Even the initial purchase of inventory triggers a cascade of additional expenses, like shipping, handling, taxes, and so on.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

Jaggaer

OCTOBER 8, 2019

Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. It identified a couple of key challenges.

Procurement Analytics 40

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 40

Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. One example of value addition can be in the form of supplier collaboration and developing long-term relationships with them. Technological infrastructure has been a blessing in disguise for the modern procurement world.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 40

ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. Overproduction One of the primary reasons for inventory glut is when companies manufacture or purchase more goods than the market demands. Just take a look at the example below.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

MAY 26, 2022

It’s time to focus on how we innovate and optimize our businesses and operations in this permanently altered world. The percentage of purchases made and fulfilled through digital commerce has exploded in the past two years, advancing a pre-pandemic trend by as much as 10 years according to some industry watchers.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Optimal Sourcing Supply Chain Design Software Modeling 263

Invata Intralogistics

APRIL 5, 2024

Today’s most ground-breaking innovations lie in state-of-the-art warehouses and the algorithms and automated systems that drive them. From reducing return rates by analyzing product data to predicting inventory needs with startling accuracy, AI systems offer many benefits that traditional problem-solving methods can’t replicate.

Supply Chain Software 52

Supply Chain Software Predictive Analytics Software Optimization Software Inventory Management Software 52

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. billion metric tons as of 2017.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Enterra Insights

FEBRUARY 11, 2021

If you are unfamiliar with the technology, journalist Janet Brice explains, “RPA, also known as ‘smart automation’ or ‘intelligent automation,’ is an umbrella term for advanced software systems that are programmed to perform tasks that previously required human intervention. Predictive maintenance.

Supply Chain Software 100

Supply Chain Software Analytics Software Predictive Analytics Software Gartner 100

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Machine Learning, Cognitive Analytics.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Cognira

FEBRUARY 12, 2024

The future of retail promotions is being shaped by innovative advancements, particularly in the field of artificial intelligence (AI). In this blog, we’ll explore the outlook for retail promotion management innovations, shedding light on the key trends that will redefine the retail promotion landscape this year.

Waste Reduction 52

Waste Reduction Inventory Reduction Retail Optimization Software 52

SYSPRO Smarter ERP

JULY 4, 2022

When exploring what key technological investments, the industry made in response to those disruptions, only 12 percent looked at data analytics to interpret data and identify any real-time shifts across the supply chain. One of the main technology disruptors is cloud infrastructure and supporting tools.

Optimization Software 111

Optimization Software Analytics Software Predictive Analytics Software Supply Chain Network Software 111

ThroughPut

APRIL 5, 2024

Lack of Data Analytics Traditional inventory management systems were mostly manual. As they did not leverage data analytics capabilities, it was difficult to discover trends and patterns in demand and supply as fast and as accurately as we can now.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

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

Supply Chain View from the Field

DECEMBER 14, 2013

In this first of a series of blogs, I will be exploring many of the key themes that emerged in the recent Future of Procurement study I co-authored with KPMG’s Procurement Advisory Council. The first of the themes we will explore is the procurement manager’s role as a support to the Chief Financial Officer.

Optimal Sourcing 74

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 74

Supply Chain Game Changer

NOVEMBER 29, 2018

Check out Supply Chain Innovation: The Path to Success! It is no surprise, then, that the latest technologies are the cornerstone of business innovations for the foreseeable future. Predictive Analytics. To cope with this, companies are now employing predictive analytics to get the job done. Subscribe Here!

Analytics Software 54

Analytics Software Innovation Predictive Analytics Software Demand Planning Software 54

Clear Spider

OCTOBER 10, 2023

Yet, the consumer behavior that drives these trends is becoming more and more difficult to predict. These changes make it difficult to accurately predict consumer behavior. For example, one survey of US consumers found that shoppers plan to reduce their Halloween spending this year.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting Software 52

GlobalTranz

MARCH 17, 2016

This year looks like it's going to be one of the most innovative years for manufacturing technology. Purchasing and supply executives predict that the global manufacturing industry will continue to expand. Predictive Data Analytics. Chinese executives see predictive analytics as the key to competing with U.S.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 120

Enterra Insights

SEPTEMBER 6, 2018

For example, one often reads about companies collecting an ocean of big data; and, it’s a fitting comparison. Big data is both wide and deep and skimming the surface never provides the insights that can be obtained through advanced analytics. Cognitive computing adds a fourth, more advanced, category — prescriptive analytics.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Data Predictive Analytics Analytics Software 100

ivalua

NOVEMBER 10, 2020

Innovating to Uncover New Sources of Revenue in the Public Sector. And most forecasters aren’t predicting an upswing, at least in the short term. . Step 1: Use e Procurement Systems as a Potential Source of Revenue. However, a smaller subset of these states have looked at e Procurement as a potential source of revenue.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Modeling Software Analytics Software 130

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120