Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Kinaxis

OCTOBER 7, 2016

by Kevin McGowan A recent New York Times article demonstrated that supply chain management innovations can come from some unexpected places. This simple idea has transformed fishery end-to-end supply chain management , and other organizations are starting to follow suit.

Supply Chain Software 205

Supply Chain Software Supply Chain Demand Planning Software Supply Chain Network Software 205

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

QAD

OCTOBER 22, 2024

Recently, on the Auto Supply Chain Prophets podcast , my co-host Jan Griffiths, a prior VP of Supply Chain at a major Tier 1, and I reflected on these dynamics as we discussed the critical importance of developing a collaborative yet rigorous approach to supplier management and performance.

Supply Chain Planning Software 52

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

SCMDOJO

JUNE 9, 2025

How Documentation Happens in Logistics Accurate documentation in logistics requires structured processes and reliable methods to capture, record, and transmit essential information at every stage of the supply chain. In the procurement phase, documentation begins with purchase orders and supplier contracts.

Supply Chain Planning Software 52

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

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. These are some examples of large players making bold moves, often involving low-carbon fuels and related engine technology.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

BlueYonder

OCTOBER 14, 2024

” The scheme organizer and his staff encouraged co-conspirators to purchase items from retailers and then impersonated the purchasers to secure refunds while allowing the original buyers to keep the merchandise for a cut of the return fees. Attorney’s Office, one example is a scheme called “Simple Refunds.”

Retail 123

Retail Cost Reduction Strategies Expense Reduction Procurement Solutions 123

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

SCMDOJO

OCTOBER 28, 2024

In today’s competitive business landscape, optimizing supply chains is crucial for achieving operational efficiency and cost reduction. While inventory management and logistics often take center stage, another critical component that significantly impacts supply chain performance is fixed asset management.

Asset Management 52

Asset Management Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Supply Chain Game Changer

JUNE 26, 2025

Lead Generation for Supply Chain: 5 Ways to Get Prospects! A Simple growth marketing example If customers only purchase one or two items, your e-commerce company may need to be more profitable. The profit doesn’t cover the acquisition costs because the order value is minimal.

Cost Reduction Strategies 92

Cost Reduction Strategies Procurement Analytics Price Reduction Material Savings 92

Precoro

JULY 1, 2024

Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Group purchasing organizations can be the perfect way for these companies to increase cost savings. Learn how they work, their benefits and limitations, and how they fit in with procurement software.

Purchasing Skills 105

Purchasing Skills Procurement Solutions Procurement Analytics Negotiate Pricing 105

Talking Logistics

OCTOBER 29, 2013

As a participant in managing all or part of your company’s supply chain, you may know the pain of answering sometimes difficult questions. What is this going to cost? You could answer them with a purchase order (P.O.) Are we a good supply chain partner or customer? Where is my order? Why is it late?

Pricing Training 163

Pricing Training Purchasing Skills Purchasing Training Supply Chain Planning Software 163

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. It cuts costs yet helps maintain product quality and smooth operations.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

Supply Chain Shaman

JUNE 29, 2016

Today’s supply chain processes are inside-out with a focus on orders and shipments. We have automated transactional data; but there are no systems available to take independent demand data (channel data_ and move it through a multi-tier supply chain planning system. Thoma Bravo purchased Elemica in June 2016.

Supply Chain Network Software 186

Supply Chain Network Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 186

Jaggaer

JUNE 25, 2025

Yet the term itself covers a wide range of technologies performing different tasks. Each of them has a role to play in procurement, but it’s important to understand the differences between them to ensure that you apply the right tool for the right job. In automotive supply chains, AI inspects parts for defects, reducing recalls.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Design Software Modeling Software Forecasting Software 52

SYSPRO Smarter ERP

AUGUST 2, 2023

Food and Drug Administration (FDA) and other governmental entities necessitates continuous reporting on product traceability and adherence to exacting standards. To contend with these pressures, medical device manufacturers crave actionable, real-time, accurate, and reliable data throughout the entire supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Analytics Software Optimal Sourcing 98

Enterra Insights

JUNE 1, 2021

Vaibhavi Tamizhkumaran, a Digital Marketing Executive at Indium Software, writes, “The retail industry is constantly changing and will continue to evolve, from concentrating efforts on website growth and online retail to needing faster shipping speeds. Cognitive computing technology taps into social media to make this a reality.”

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

GlobalTranz

AUGUST 18, 2016

Modern distribution technology has significantly changed how suppliers get their products to end-users, and consumers are driving changes in how Distributors use technology to better their business processes. New Connected Technologies Are the Focus of Shippers and Carriers. Hours of Service Guidelines Are Evolving.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Analytics Software 120

Supply Chain Game Changer

JUNE 7, 2025

As the benefit of the prepaid item or service is consumed, the amount is gradually expensed and reported on the income statement. Digital Tools and Prepaid Expense Tracking In the modern era of digitization, numerous accounting software options and platforms have made the tracking of prepaid expenses considerably easier.

Expense Reduction 85

Expense Reduction Supply Chain Software Procurement Solutions Journal 85

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Barbara Schielke Chief HR & CSR Officer for Asendia explains how carbon offsetting, emissions reporting per parcel, and supply chain efficiencies are helping retailers green their e-commerce fulfilment. LEGAL REQUIREMENTS FOR CARBON REPORTING ARE ON THE HORIZON. Consumers want to see improvements.

Shipping 243

Shipping Material Savings Procurement Analytics Waste Reduction 243

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

GlobalTranz

MAY 20, 2015

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Precoro

JANUARY 29, 2024

Escalating expenses associated with rising prices of raw materials, finished goods, third-party services, and labor along the entire supply chain expose businesses to a heightened threat of margin reduction. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

Stord

JUNE 24, 2025

While not all chargebacks are solely due to expiration issues, industry reports indicate that the average chargeback rate across e-commerce sectors is 0.60%-1% of total transactions 1. Whether these products are purchased directly or through a retailer, delivering them can lead to negative consequences for the brand.

Inventory Reduction 78

Inventory Reduction Retail Cost Reduction Strategies Real-time Visibility 78

GlobalTranz

AUGUST 28, 2018

Using a combined blockchain and reverse logistics strategy can help alleviate these costs, and supply chain executives need to understand a few things about it Reverse Logistics Carry High Risk in Supply Chain Management Risk within reverse logistics is higher than that and forward logistics. DOWNLOAD WHITE PAPER.

Reverse Logistics 149

Reverse Logistics Cost Reduction Strategies Logistics Network Optimization Software Purchasing Skills 149

Logility

OCTOBER 12, 2021

A plan for achieving truly sustainable supply chain management — from the capabilities you’ll need, to the policies you should put in place, to the systems that will help you achieve it. . Supply chain sustainability is a company-wide effort that must also include your partners, customers, and other third-party actors.

Supply Chain Planning Software 130

Supply Chain Planning Software Sustainability Supply Chain Software Supply Chain Planning 130

Unleashed

SEPTEMBER 28, 2021

ERP software for the food industry comes in a range of shapes and sizes, but what should you look for when you’re thinking about using it for your business? Here we cover the 10 most important features to look for in your food manufacturing software so you can achieve product consistency, production efficiency, and regulatory compliance.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Forecasting Software Supply Chain Planning Software 98

Precoro

APRIL 18, 2023

In today’s globalized economy, extraordinary events on one continent can be felt worldwide, as companies tend to have complex supply chains involving suppliers from multiple countries. An undisturbed supply chain is vital for continuous production and, as a result, for customer satisfaction.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

GlobalTranz

MARCH 28, 2016

If AI Technologies Can Think & Act Like "Us" Where do "We" Go? The application of AI technologies has created the ability to understand, store and use product information in an entirely new way. AI technologies have become one of the defining facets of high tech. AI is a controversy of deep, lasting dimensions.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Optimization Software Inventory Management Software Modeling Software 120

SupplyPike

APRIL 10, 2020

Learn how to: Keep your logistics on time and prepared Maintain your replenishment goals Properly forecast and redefine your demand plan Use technology to help. Shortages, extreme demand, and panic buying are causing issues up and down supply chains. Utilizing technology. Forecasting.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply and Demand 98

Precoro

DECEMBER 11, 2023

Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation. Goals beyond the best purchasing price fall into strategic sourcing.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

ShipBob

APRIL 9, 2025

Core functions of warehousing every brand should know Security and risk mitigation strategies in warehousing functions How technology powers each warehousing function How ShipBob optimizes warehouse functions for ecommerce brands Get started with ShipBob Warehouse functions FAQs Many dismiss warehousing simply as storage.

Warehousing 52

Warehousing Supply Chain Design Software Optimization Software Supply Chain Planning Software 52

Precoro

JANUARY 16, 2023

Companies typically select supplementary software to help support this process. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. In other words, it happens within the company’s defined procurement cycle.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

SCMDOJO

JULY 18, 2023

Contract management plays a crucial role in the procurement process, as it helps ensure compliance, mitigate risks, and optimize supplier relationships. By effectively managing contracts, organizations can maximize the value of their procurement activities and minimize potential issues.

Optimal Sourcing 98

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 98

QAD

JULY 28, 2022

Quistem’s Cathy Fisher and I are having the best time co-hosting the Auto Supply Chain Prophets podcast. It encourages us to continue meeting with automotive industry experts about supply chain issues that resonate with so many listeners. Episode #6: Electrifying the Automotive Supply Chain.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 98