ivalua

SEPTEMBER 22, 2022

In May 2022, Ivalua commissioned Forrester to survey over 400 procurement leaders across the globe to ask how they plan to minimize the frequency and impact of supply disruptions. This places limitations on the value that procurement generates for your organization and impacts the resilience and agility of the supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Study Procurement Solutions Procurement Analytics 130

GlobalTranz

APRIL 25, 2016

3 Key Metrics for Measuring Supply Chain Performance Beyond Cost Reduction. Inventory measurement is critical and it is money after all in that it took a capital expense to procure. 10 Soft Metric Considerations in Measuring Supply Chain Performance. The goal is to keep inventory levels at a minimum to meet customer needs.

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

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

ivalua

NOVEMBER 26, 2019

In my previous posts, I looked at how to successfully launch a digital transformation and progress to best-in-class Procurement. Most leaders seem to track their progress with metrics such as percent of spend managed and digitization levels, defining best-in-class as being the top quartile or similar high percentage.

Optimal Sourcing 130

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 130

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

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

Unleashed

MARCH 16, 2021

Having grown sufficiently, you may find your SME business now has the need for a dedicated purchasing manager – and perhaps even a purchasing department. So if you’re a business owner who is wondering how to run a purchasing department, then check out our practical guide below. Goals of purchasing.

Purchasing Skills 59

Purchasing Skills Manufacturing Procurement Procurement Solutions Procurement Analytics 59

Logistics Viewpoints

MARCH 27, 2023

Solvoyo’s Solution Bugaboo: something that causes fear or distress out of proportion to its importance. Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. Would better forecasting accuracy be a good thing? Absolutely!

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain View from the Field

NOVEMBER 6, 2015

I will be leading a webinar with the Sourcing Interest Group next Nov. The webinar will also include Howard Richman, a colleague I have known for many years, first at Merck, and now working at Citrix as their Chief Procurement Officer. Also joining us will be Michael O’Leary, Director of Procurement Solutions at IBM.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Analytics Software Optimal Sourcing 60

Silvon Software

MAY 1, 2024

In an era where data is the new oil, businesses are constantly seeking innovative ways to extract valuable insights from their vast data reservoirs. Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends, consumer behavior, and operational efficiencies. Data Integration.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Predictive Analytics Software Analytics Software Predictive Analytics 52

Logility

JANUARY 4, 2022

a leader in supply chain innovation powering the sustainable and resilient enterprise, today announced a partnership with Planalytics, Inc. We are excited to help businesses better manage supply chains by operationalizing weather impact analytics within their Logility solutions,” said Scott Bernhardt, president, Planalytics.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

Supply Chain Game Changer

NOVEMBER 28, 2018

The complexity of global supply chains – especially in organizations like GM – require hands-on relationship management of suppliers to ensure that supplier collaboration will lead to added value, and innovation. Resources spent/gains made on the road to innovation are, therefore, sustained exclusively by the internal entity.

Innovation 59

Innovation Procurement Analytics Resource Reduction Procurement Solutions 59

Supply Chain Movement

AUGUST 31, 2016

The procurement Summit 2016. 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 Automation.

Procurement Analytics 60

Procurement Analytics Procurement Solutions Procurement Internet of things 60

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). The questions that are most often asked are: What metrics should I use?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

GlobalTranz

SEPTEMBER 23, 2021

A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. As the industry evolves and innovations improve, OTR freight management technologies offer?? transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Supply Chain Shaman

JULY 25, 2021

of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? Let’s start with honesty and a focus on process innovation. The Focus Inside-out Supported by Functional Metrics. How could the industry spend 1.7% Maturity Model.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance. ”[2].

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

EcoVadis

MARCH 31, 2017

Many procurement teams are finding holistic approach can provide huge advantages. Here’s an overview of the important criteria to consider when searching for a solution: What is the Industrial Breadth of the Solution? Your organization may know very little about many of these industries, especially when it comes to risk and CSR.

Procurement Solutions 56

Procurement Solutions Procurement Analytics Manufacturing Procurement Supply Chain Planning Software 56

TransAudit

DECEMBER 13, 2023

Teams must fully understand the concept and goals, and be equipped with the tools to enact change. Circular supply chains require multidirectional communication and innovation, so the technology must provide easy ways to accomplish this. Reward supplier innovation and progress on circular initiatives.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Supply Chain Shaman

MAY 2, 2016

We also see that manufacturing companies with a strong dependency on BPO are less agile and rate themselves lower on innovation. Software maintenance costs are rising for the CIO. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. Avoid buying software from a consulting company.

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Software 150

ivalua

JUNE 29, 2020

Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. Watch a BSW webinar here.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Unleashed

JANUARY 29, 2024

Discontinuing lines will help the manufacturer free up production capacity, and redirect research and development spending to focus on the development and marketing of newer or more innovative products. You can keep your purchasing costs down by stocking only the SKUs that generate profit and demand. Improved inventory accuracy.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

EcoVadis

MAY 19, 2016

Procurement technology should make it easy to source ethically. Supply chain transparency is one of the key challenges facing Procurement and Sourcing in the coming years. However, new and innovative solutions are developing. Guest post by Charlotte Spencer-Smith, Marketing, Pool4Tool.

Optimal Sourcing 40

Optimal Sourcing Procurement Solutions Procurement Analytics Optimization Software 40

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. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

Supply Chain Planning Software 52

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

Arena Solutions

OCTOBER 12, 2023

2 As the numbers indicate, there are plenty of business opportunities, market share, profit, and competition in developing complex, smart, innovative products. A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. billion to $855.62 billion in 2023. billion to $799.67

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Arena Solutions

APRIL 4, 2023

As the list of new technologies and innovative software solutions keeps mounting, graduates are excited by the prospects of learning and using new technologies like cloud CAD/CAM software, 3D printing, cloud-native product lifecycle management (PLM), quality management systems (QMS), and robotics.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. Supplier relationship management software will significantly drive efficiencies in administrative tasks. Sourcing new suppliers, trialling products, and negotiating contracts can be costly and time-consuming.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Negotiating Skills 111

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Enterra Insights

MAY 31, 2022

Unfortunately, notes Shawn Muma ( @smmuma ), Director of Supply Chain Innovation and Emerging Technologies at Digital Supply Chain Institute (DSCI), too many businesses have turned their focus inward instead of outward. The winning companies are those that correctly identify the problem to solve — the performance metric to improve.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. It is a story of supply chain innovation. The initial software product release name was Real-Time Forecasting. E2open sells a cloud-based solution for network collaboration.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

FEBRUARY 27, 2020

The company sold on Amazon, operated its own website, managed outlet stores, and could purchase end-aisle displays in major retail chains. Historically, the design of the data model drove software market positioning. These included cloud-based computing, in-memory processing, parallel computation, and open-source analytics.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

Supply Chain Game Changer

SEPTEMBER 28, 2022

Thus a website is your strategic source of revenue and brand visibility , which are important considerations before redesigning your website. The website’s metrics will show which solution is effective and which doesn’t work, informing further redesign efforts. The simplest tool for auditing a website is Google Analytics.

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85

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

EC Sourcing Group

MAY 31, 2023

Managing spending is a top priority for executive teams across industries, and purchase price variance (PPV) holds immense significance in controlling costs. PPV measures the variation between the actual purchased price and the standard baseline price of goods and services.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Solutions 52

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. Then came COVID-19.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52