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 Cost Reduction Strategies Sourcing Strategies Expense Reduction 105

ivalua

JUNE 14, 2023

We recommend leveraging these workstreams, based on Gartner’s 4 Workstreams for Successful Implementation of Any Procurement Application to maximize the impact of your next large-scale procurement implementation: 1. Ivalua Spend Management Insights [ivory-search] Get Ready for Success!

Optimal Sourcing 239

Optimal Sourcing Procurement Sourcing Strategies Resource Reduction 239

ivalua

NOVEMBER 25, 2020

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up. When Covid-19 hit, supply chains across the globe nearly came to a halt.

Optimal Sourcing 130

Optimal Sourcing Procurement Gartner Agile and Lean Supply Chain 130

Silvon Software

JUNE 23, 2020

As I mentioned in my previous post, Sales Dashboards – 16 Metrics for Manufacturers , a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and other operational areas of the enterprise. You can refine as you go! Inventory Turns and Sales-to-Inventory Ratio.

Manufacturing Procurement 111

Manufacturing Procurement Metrics Gartner Supply Chain Planning Software 111

SYSPRO Smarter ERP

MARCH 2, 2022

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. Resiliency. Risk management.

Optimal Sourcing 116

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Software 116

Supply Chain Shaman

DECEMBER 29, 2016

This thing called research in the supply chain market has many arms and legs. I struggle to find a good supply chain academic journal, and often speak to my academic network about the need for one. This research, released in 2005, gives a compelling view of a metrics hierarchy. In Search of Truth. What is research?

Supply Chain Planning Software 0

Supply Chain Planning Software Inventory Reduction Forecasting Gartner 0

ivalua

SEPTEMBER 14, 2022

Yet despite the availability of new platforms and analytics tools, supply chain risk management strategies remain in their infancy post-pandemic. The study also found that suppliers will be vital for successfully ensuring supply continuity.

Supply Chain Planning Software 130

Supply Chain Planning Software Inventory Reduction Supply Chain Disruption Supply Chain Software 130

Supply Chain Shaman

APRIL 17, 2013

Or will companies stumble on the path by mistakenly implementing supply-centric processes and calling them demand-driven initiatives? As a writer of research on demand-driven supply chains for over eight years, I find many amusing. Supply chain leaders feel stuck. They are piling up on my desk. It is still early.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258

Oracle SCM

AUGUST 1, 2018

One of the Supply Chain Management trends apparent at the Gartner Supply Chain Executive Conference in May was highlighted by several vendor/customer presentations focused on the value of Collaboration and Visibility projects. Tom McDonough , Sr. Director Product Marketing. ” That is a mouthful.

Supply Chain Planning Software 104

Supply Chain Planning Software Gartner Inventory Management Software Demand Planning Software 104

ivalua

OCTOBER 16, 2019

According to Gartner research, “Organizations believe poor data quality to be responsible for an average of $15 million per year in losses.” State and Joseph Yacura of Supply Chain Management, LLC and former CPO at Fannie Mae. How to define data quality: attributes, measures, and metrics. Art of Procurement. .

Gartner 20

Gartner Supply Chain Software Data Supply Chain 20

Precoro

MARCH 27, 2025

Rising costs, supply chain chaos, and economic swings put businesses under enormous pressure to protect their margins. According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction. 

Cost Reduction Strategies 45

Cost Reduction Strategies Expense Reduction Price Reduction Vendor Strategies 45

Supply Chain Shaman

FEBRUARY 14, 2022

The model in Figure 1 became the foundational model for the Gartner S&OP model. Tight coupling of the supply chain forecast to the financial forecast will improve value. Organizations can align to drive value despite the allegiance to functional metrics. Sales and Operations Maturity Model from 2005-2008. Measure it.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

EcoVadis

JULY 17, 2017

Sustainability remains core pillar of revenue, risk management and procurement performance. For supply chain leaders, few accolades offer more insight into the state of the industry than Gartner’s Supply Chain Top 25. Last year, Gartner added corporate social responsibility (CSR) for the first time.

Gartner 56

Gartner Waste Reduction Vendor Strategies Resource Reduction 56

Kinaxis

MAY 18, 2016

by Melissa Clow This guest post comes to us from Argentus Supply Chain Recruiting , a boutique recruitment firm specializing in Supply Chain Management. Today, we’re bringing your our follow-up to our interview with Supply Chain guru and advisor to Chief Supply Chain Officers Michael Massetti.

Supply Chain Software 100

Supply Chain Software Gartner Supply Chain Planning Software Agile and Lean Supply Chain 100

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 Supply Chain Network Software 105

o9 Solutions

MAY 21, 2025

The Unique World of Pirelli’s Supply Chain Pirelli operates in the premium and prestige segment of the tire market, serving elite car manufacturers. “We For example, plans were driven by volume rather than profitability metrics because the financial data was only added downstream of the planning process. Attendance is free.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 40

Supply Chain Game Changer

JANUARY 14, 2020

Subscribe to Supply Chain Game Changer. 5 Trends in the Gartner Hype Cycle for Emerging Technologies. Gartner recently announced their Top 25 Supply Chains List. The 2018 Gartner Top 25 Supply Chain List. Gartner Opinion 1 (42 voters) (25%). Source: Gartner. Subscribe Here!

Gartner 11

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 11

Logility

MARCH 24, 2021

The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. Revenue and demand Service levels Inventory levels Profits and margins Cash flow. The Very Real Power of Integrated Business Planning.

Supply Chain Planning Software 176

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 176

Enterra Insights

NOVEMBER 5, 2019

As I noted in Part 1 of this article, analysts at Gartner predict circular economies will replace today’s wasteful linear economies over the next decade or so. In order for that to happen, both supply chains and consumer habits must significantly change. ”[2]. ”[3] It’s an important question.

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Supply Chain Design 100

Supply Chain Game Changer

NOVEMBER 25, 2018

Check out 5 Trends in the Gartner Hype Cycle for Emerging Technologies. Gartner recently announced their 2018 Top 25 Supply Chains List. The 2018 Gartner Top 25 Supply Chain List. The Gartner Top 25 Supply Chain list has now been released for 14 consecutive years. Email Address.

Gartner 76

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Material Handling & Logistics

JUNE 25, 2018

Our look at the Top 25 (plus 4) Supply Chains of 2018 examines how the best companies in the world excel at managing their global supply chains. One of the most popular articles we’ve ever done is our look at analyst group Gartner’s annual ranking of the Top 25 Supply Chains.

Gartner 81

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 81

Unleashed

APRIL 27, 2022

With material costs rising and the drive towards sustainable practices in full swing, the circular supply chain has become an attractive way for manufacturers and sellers to manage their supply chains in a more environmentally friendly way – and save costs in the long term. What is a circular supply chain?

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

SCMDOJO

MARCH 19, 2024

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

Unleashed

MARCH 14, 2021

What is the food supply chain? The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery. Lack of communication.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

6 River Systems

JULY 25, 2019

Supply chain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supply chain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Here’s some research on this topic.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

ivalua

FEBRUARY 24, 2021

Product quality improves and the supply chain is more likely to keep humming along, despite disruptions caused by global or political events — which seem to be common these days. In some organizations, this task belongs to Procurement, and in others the responsibility lies with the AP team. Inquiry about payment status?

Cost Reduction Strategies 130

Cost Reduction Strategies Resource Reduction Negotiating Skills Optimal Sourcing 130

Supply Chain Game Changer

MAY 5, 2021

Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain! As everyone in Supply Chain Management knows today, the field has come a long way. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.

Sourcing Strategies 59

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 59

Jaggaer

SEPTEMBER 12, 2024

With the acceleration of Artificial Intelligence and its role in our world and how procurement functions, it’s easy to become overwhelmed by both the possibilities and the risks. Talent retention is a growing priority in procurement and supplier relationships as market demands and technology evolve.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 52

Claritum

NOVEMBER 28, 2016

Claritum Article - Procurement Blog. We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Click here to download a printable pdf version of the procurement fact file. Procurement.

Optimal Sourcing 50

Optimal Sourcing Cost Reduction Strategies Vendor Strategies Procurement 50

Precoro

MAY 22, 2023

Strong companies depend on a range of hardware and software solutions to support key business processes like customer service, financial management, and supply chain operations. This article encompasses the best practices for planning and executing successful IT procurement strategies. What is IT procurement?

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Supply Chain Game Changer

NOVEMBER 13, 2018

Blog post originally published by Michael Massetti, Executive Partner at Gartner, at [link] and permission to publish here provided by Michael Massetti. Whether the phrase refers to sourcing, procurement, relationships, or other matters, its use is prevalent. Check out Supply Chain 4.0 Subscribe Here! Email Address.

Vendor Strategies 77

Vendor Strategies Resource Reduction Supply Chain Planning Software Purchasing Skills 77

ThroughPut

AUGUST 2, 2024

Supply chain intelligence is finally gaining the momentum and visibility it deserves. In 2023, Gartner released a comprehensive market guide for analytics and decision intelligence platforms in the supply chain , marking a decisive shift in industry thinking. Best Supply Chain Intelligence Software in 2024 1.

Supply Chain Design Software 52

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

SupplyShift

NOVEMBER 4, 2020

2020 has been a defining year for transparent supply chains. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. And in order to do so, you need to drastically increase transparency in your supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

SupplyShift

NOVEMBER 4, 2020

2020 has been a defining year for transparent supply chains. On the contrary, companies seem to be more focused than ever on driving sustainability in supply chains. And in order to do so, you need to drastically increase transparency in your supply chain. 2021 Supply Chain Transparency Checklist.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Gartner 52

Unleashed

JANUARY 24, 2022

MRO inventory can account for a sizeable portion of a business’ total procurement spend. That means efficient MRO inventory control is essential to ensure the company has sufficient supplies to meet its business needs while minimising expenditure. Take a comprehensive approach to MRO inventory procurement.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

DynaSys

SEPTEMBER 1, 2021

Simply put, Agile Supply Chain Planning is the ability to sense and respond to unanticipated changes in demand or supply quickly and reliably, without sacrificing cost or quality. Not all of these manufacturers were sufficiently agile to rapidly adapt to the shifts in demand and supply. What is agile Planning.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Supply Chain Planning 52