Logistics Viewpoints

OCTOBER 24, 2024

While SAP has had procurement analytics solutions, last year at Spend Connect Live, SAP announced the Spend Control Tower. Daniel Chapman, the senior director of process transformation for procure to pay at Warner Music, was a keynote speaker. This solution provides insights in a much easier way to digest.

SAP 298

SAP Procurement Solutions Manufacturing Procurement Procurement Analytics 298

Logistics Viewpoints

MARCH 12, 2025

Procurement & Supplier Agreements Traditionally, businesses negotiate procurement contracts manually, issuing purchase orders, invoices, and letters of credit that require human validation. How Smart Contracts Improve Procurement Automated Payments: When a supplier meets predefined conditions (e.g.,

Supply Chain Design Software 290

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Negotiating Skills 290

Logistics Viewpoints

APRIL 10, 2025

Sudden tariff increases can quickly make a cost-optimized procurement strategy untenable, leaving companies scrambling to adjust. When a new tariff is proposed, companies using AI-based forecasting tools are often able to adjust their sourcing or logistics strategies well before the policy takes effect.

Optimal Sourcing 228

Optimal Sourcing Modeling Cost Reduction Strategies Supply Chain Optimization 228

Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

ToolsGroup

OCTOBER 14, 2024

Moreover, maintaining optimal service levels while balancing inventory costs is a delicate act that requires sophisticated forecasting and inventory management techniques, underlining the importance of advanced spare parts management solutions.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

SCMDOJO

OCTOBER 28, 2024

Procurement People should learn the Sales & Operations Planning (S&OP) Process. Procurement professionals can contribute significantly to the S&OP process by providing valuable insights into supply chain dynamics, identifying potential risks, and optimizing sourcing strategies.

S&OP 91

S&OP Optimal Sourcing Supply and Demand Material Savings 91

Logistics Viewpoints

MAY 1, 2025

Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more. Predictive and prescriptive AI addresses use cases like inventory optimization, asset health predictions, yield optimization, and financial forecasting.

Prescriptive Analytics Software 226

Prescriptive Analytics Software Optimal Sourcing Material Savings Predictive Analytics Software 226

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 295

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 295

Supply Chain Shaman

NOVEMBER 9, 2023

Traditionally, the definition of end-to-end supply chain planning meant: Forecasting based on order or shipment patterns. Forecast consumption into supply planning based on rules (rules-based-consumption). Translation of the demand forecast into planned orders to minimize manufacturing constraints. Is there value?

Optimal Sourcing 409

Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement Modeling 409

Supply Chain Shaman

NOVEMBER 15, 2023

The essence of the question is resilience and the ability to forecast in a variable market reliably. This gets us to the question of what is the role of the forecast?` For most, forecasting is a conundrum full of potholes, politics, and bias. When he speaks of the supply chain, he means procurement. This is his world.

Supply Chain Planning Software 418

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 418

Supply Chain Shaman

FEBRUARY 4, 2025

Process-based companies continue to focus on manufacturing efficiency (OEE) and discrete on procurement (PPV) without designing the supply chain to balance transportation, manufacturing, and procurement to a balanced scorecard. Functional Metrics and the Lack of Alignment to Strategy. The Lovefest with Shiny Objects.

Supply Chain Design Software 221

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 221

Supply Chain Shaman

DECEMBER 28, 2020

The SAS forecasting system implemented in 2019 was not tested for model accuracy. An example for this client would be to use 2017 and 2018 history to forecast 2019. So, I asked the questions, “Is your data forecastable? Data at this level of variability is complicated to forecast.) The reason? The answer?

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

Supply Chain Matters

APRIL 17, 2025

and China, are now compelling forecasters to make adjustments, mostly to the downside. Global Trade Forecasts Global trade forecasts serve as a barometer for global supply chain activity levels. The latest April UNCAD forecast reflects the downside risk. Regarding global headline inflation, the October forecast was 4.3

Forecasting 52

Forecasting Forecasting Software Global Modeling 52

Logistics Viewpoints

MAY 13, 2025

But now, it’s being activated through AI agents designed to automate sourcing, manage risk in real time, and reduce the friction thats long plagued procurement and finance functions. Coupas ecosystem is vast$8 trillion in spend insights collected over 19 years from more than 10 million suppliers and 3,200 customers.

Las Vegas 147

Las Vegas Optimal Sourcing Sourcing Strategies San Francisco 147

Supply Chain Shaman

MARCH 21, 2024

In my first classes, I taught the group how to speak the language of demand—forecastability, Forecast Value Added (FVA), backcasting, demand and market latency, and market drivers. The class discovers the current blackholes of the supply chain (direct procurement and contract manufacturing. Instead, we need to Jump. The So What?

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. A supply chain planning model learns when the planning application takes an output, like a forecast, observes the accuracy of the output, and then updates its own model so that better outputs will occur in the future.

Optimal Sourcing 355

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 355

Logistics Viewpoints

DECEMBER 14, 2023

And even before they begin, they must realize these problems are too big for any single team—supply chain must connect with finance and procurement to treat the n-tier suppliers as an extended part of their network and become their preferred customer. For this to happen, finance needs to be in lockstep with procurement.

Supply Chain Design Software 326

Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software Modeling 326

Logistics Viewpoints

FEBRUARY 24, 2025

Production plans might be locked for as long as a month, regardless of how accurate the forecast was. That supply planning application needs to be integrated into an array of internal systems ERP, transportation management, warehouse management, procurement, and other applications.

Supply Chain Planning Software 301

Supply Chain Planning Software Prescriptive Analytics Software Agile and Lean Supply Chain Modeling 301

Supply Chain Shaman

APRIL 29, 2024

Don’t run a selection process through procurement or finance. For example, currently, I am surprised on the shifts on forecastability (many companies struggle with the shifts in the market and the decrease in forecastability). Ask peer companies about their interactions with technologists. Listen and learn.

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 417

Logility

MAY 14, 2025

Whether its demand forecasting, network design, or manufacturing optimization, AI is enabling companies to respond faster and smarter to disruption. Companies need a comprehensive view of their supply chain network to understand how every change impacts procurement, production, and distribution.

Gartner 131

Gartner Modeling Supply Chain Design Software Optimal Sourcing 131

Logility

APRIL 28, 2025

It could write poetry, generate code, or answer inquiries about next months forecast. The connected ecosystem of composition agents works across fulfillment, procurement, planning, and logistics. But 2025 ushered a momentous change to everything we know about autonomy: goal-driven AI.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 147

Supply Chain Shaman

JUNE 3, 2024

Outside-in Planning Taxonomy When testing planning effectiveness through Forecast Value-Added Analysis (FVA), Inventory Health, or Schedule Adherence, I find that for most clients that I work with, that their plans lack both feasibility and reliability. The collaborative layer is depicted in orange in Figure 1. Makes sense.

Supply Chain Planning Software 369

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 369

Procurement Academy

APRIL 24, 2025

When you look behind the scenes of a global business operation, procurement strategy and supply chain management are usually top priorities, though theyre not always working in sync. This blog explores procurement vs supply chain strategy and looks at how aligning the two leads to operational excellence. It doesnt have to be that way.

Optimal Sourcing 52

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

Logistics Viewpoints

MAY 13, 2024

This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. She knew the company was innovative; after all, Coupa created a new software enterprise category: business spend management. What an opportunity!”

Procurement Solutions 298

Procurement Solutions Forecasting Software Modeling Software Procurement Analytics 298

Logistics Viewpoints

JUNE 29, 2023

PO Collaboration focuses on maintaining accurate demand forecasts, timely communication with suppliers, and efficient replenishment processes to ensure optimal stock levels and minimize stockouts. Configure to Order: This strategy involves customizing standard products based on customer specifications. Nari Viswanathan is currently Sr.

Manufacturing Procurement 275

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 275

Supply Chain Shaman

SEPTEMBER 13, 2023

Given your expertise, I’d love to hear what alternatives you recommend for better demand forecasting and real-time visibility beyond what’s commonly adopted today.” I know that your primary focus is procurement. I find 80-90% of companies are degrading the forecast through traditional thinking.) Just ask Anna.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

SCMDOJO

APRIL 24, 2025

By producing only whats needed, when its needed, they eliminate the burden of forecasting errors and reduce warehouse dependency. Instead of forecasting demand months in advance, manufacturers now wait for confirmed orders before producing parts. This is where On-Demand Production comes in plat A smarter approach is taking shape.

Waste Reduction 95

Waste Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 95

Procurement Academy

APRIL 24, 2025

Procurement Academy Understand how tariffs affect supplier negotiations, total cost of ownership, and sourcing strategies. Equip your procurement professionals to think on their feet and act with precision when the landscape shifts. Can your procurement team pivot supplier strategies quickly and cost-effectively?

Price Mitigation Strategies 82

Price Mitigation Strategies Cost Reduction Strategies Sourcing Strategies Buyer Training 82

SCMDOJO

OCTOBER 30, 2024

Conversely, a student who quickly grasps procurement strategies can be challenged with advanced case studies and leadership projects. MTSS platforms facilitate hands-on projects where learners can apply statistical methods to identify trends, forecast demand, and optimize inventory levels.

Supply Chain Planning Software 93

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 93

Logistics Viewpoints

FEBRUARY 20, 2024

Assumptions around demand are in the center here because, unlike all other main components, they are the most difficult to forecast. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. This means that pouring resources into better forecasting will not produce the anticipated result.

Sourcing Strategies 312

Sourcing Strategies Supply Chain Design Software Modeling Inventory Reduction 312

Enterra Insights

NOVEMBER 14, 2024

If businesses cannot accurately forecast revenue, the organization is not resilient.”[3] These measures help build supply chain resilience — and essential to resilience is not depending on any particular scenario or outcome playing out, but being prepared regardless of the economic forecast and climate ahead.”

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning 130

Logistics Viewpoints

JUNE 1, 2021

This requires using advanced analytics to analyze historical demand patterns, link the demand peaks to the promotional offers, and adjust future forecasts based on planned promotions. With the availability of a multitude of tools and digital solutions, all this processing and prediction can be easily automated.

Inventory Management Software 290

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 290

Logistics Viewpoints

APRIL 11, 2024

I’ll describe three of the top areas: seamless collaboration, improved forecast accuracy embedded in the supply chain workflow, and disruption response. Had we forecasted that, we would have built a different supply chain.” So how can supply chain orchestration help?

Pharmaceutical 316

Pharmaceutical Supply Chain Planning Software Supply Chain Planning Agile and Lean Supply Chain 316

Logistics Viewpoints

DECEMBER 2, 2024

It might highlight logistics jams, manufacturing capacity, quality issues, or procurement cost trends. Advanced demand forecasting based on machine learning, for example, is a classic example of the use of AI in supply chain management. Then, the tool drills down and looks at real-time performance on late orders or parts.

Supply Chain Planning Software 294

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Network Software 294

Logistics Viewpoints

APRIL 14, 2022

Experts from North Carolina State University and GEP conducted a survey on supply chain, procurement and IT leaders to determine their challenges and priorities, focusing on examining gaps in the supply chain. The study found that these leaders considered the largest gap to be between supply chain and procurement, citing it as a major issue.

Supply Chain Planning Software 289

Supply Chain Planning Software Supply Chain Software Forecasting Software Procurement Solutions 289

Logistics Viewpoints

MARCH 17, 2022

The same survey indicates that 50% of the retailers are unhappy with their existing technology solutions and are looking to enhance or replace them to bring more diagnostic and predictive capabilities, including: Current demand vs. forecast analysis and rebalancing. Automated forecasting processes. Network cost modeling.

Supply Chain Planning Software 336

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 336