Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. INVENTORY STRATEGY. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

My Office Apps

JULY 22, 2021

Consumable Inventory & the Medical Field. Unorganized medical inventory management can cause delays in providing patient care, and in the healthcare industry, each second matters. Unorganized medical inventory management can cause delays in providing patient care, and in the healthcare industry, each second matters.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Supply Chain Planning Software 52

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Supply Chain Shaman

SEPTEMBER 20, 2015

I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. Spinnaker Management Group asked me to co-present on a demand-driven webinar with SanDisk.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Game Changer

FEBRUARY 11, 2021

But few people really understand what it is, how it works and more importantly, why it is so important to Procurement. This paper seeks to answer those questions and specifically address its benefits to the Procurement process by addressing the following checklist: Checklist. What is Artificial Intelligence or AI?

Procurement 93

Procurement Modeling Software Analytics Software Supply Chain Network Software 93

Supply Chain Shaman

SEPTEMBER 22, 2021

Allyson Hatfield, demand planner at MARS Petcare presented. At the end of the presentation, I asked Allyson her perspective on open source analytics. ” I said internally to myself and quickly rebounded to thank her for a great presentation. Allyson’s presentation was just that. ” Her answer was telling.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Management and Analytics

APRIL 28, 2021

I was excited to place the order right away so my present would arrive in time for Mother’s day. Why should we consider Promotion Management in Inventory Management? Retail companies, whether it be e-commerce, brick-and-mortar, or both, care about the inventory they keep. To my delight, I found one that was on promotion.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimal Sourcing Inventory Management 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. The areas that will be deliberated in future articles are ocean shipping market landscape, freight procurement, reliability & visibility and the competitive landscape.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

SCMDOJO

APRIL 11, 2023

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. You’ll also learn about supply chain management and the various stages of the procurement process.

Supply Chain Design Software 115

Supply Chain Design Software Course Supply Chain Planning Software Supply Chain Software 115

Demand Solutions

MARCH 27, 2020

But what if I told you that establishing supply chain planning and procurement processes also helps your company's culture, would you believe me? This past March, Tim Carroll, Product Availability Team Captain at AutomationDirect, was presented the 2020 World-Class Culture Award at the Atlanta Supply Chain Awards (ASCA).

Atlanta 173

Atlanta Supply Chain Planning Supply Chain Software Supply Chain Strategy 173

Proxima

MARCH 9, 2022

Certainly, the ‘Long Pandemic’ phase from May 2020 to the end of 2021 presented its challenges. Secondly, as costs are rising, many businesses have also responded to the risks presented by the pandemic and geopolitical tensions by moving parts of their supply chain from a ‘just in time’ model to a ‘just in case’ model.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

Vinculum

APRIL 27, 2021

Last week, We posted a question on social media “At present, What do you think is the biggest Omnichannel Retailing challenge?”. Inventory management is without doubt one of the most challenging aspects when it comes to retail and eCommerce. The sheer intensity of keeping up with the stocks and noting inventory across channels and.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

ToolsGroup

APRIL 17, 2019

BOSTON (April 17, 2019) – ToolsGroup, a global leader in supply chain planning software, today shared it will exhibit and present at the American Supply Chain Summit 2019 , taking place April 25-26 in Dallas. Our customers consistently see service levels increase while inventory, cost, and waste go down.”. On April 25 at 11:50 a.m.,

ToolsGroup 120

ToolsGroup Supply Chain Software Optimal Sourcing Supply Chain Design Software 120

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The decline in inventory turns uses cash. I pulled up my covers to go to sleep four hours later. My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

ToolsGroup

OCTOBER 12, 2021

Brands like American Eagle Outfitters focused on inventory optimization and flexibility, supply chain transformation, lower SKU counts and fewer shipments per order for improved supply chain performance. So we thought it would be good to examine some key capabilities in fashion supply chain planning and the technologies that support them.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

Supply Chain Matters

FEBRUARY 25, 2022

We indicated that the implications of unprecedented, elevated levels of inflation levels will vary by specific industry, but taken as a whole, they present a number of complex product management, procurement and supply chain planning challenges that will need to be tackled. The report observes that in December 2021, U.S.

Supply Chain Planning 40

Supply Chain Planning Inventory Manufacturing Procurement Supply and Demand 40

BlueYonder

OCTOBER 6, 2023

From the array of presentations shared during the conference, I have distilled several key insights: Fostering Collaboration: Disruptions, such as UAW strikes, COVID-19, and chip shortages, have become the new norm, occurring with greater frequency and magnitude.

Waste Reduction 81

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 81

GlobalTranz

NOVEMBER 28, 2016

Editor's Note: Today's blog is by our great friend, Chuck Intrieri where he gives us a fantastic example of how Procurement and Suppliers can enhance Supplier Relations by navigating the "Battle of the Forms.". This dispute presents a classic Battle of the Forms example. Battle of the Forms: Will You Win, Lose or Draw?

Negotiate Pricing 120

Negotiate Pricing Manufacturing Procurement Optimal Sourcing Purchasing Skills 120

Logistics Viewpoints

AUGUST 22, 2023

The paradigm is shifting from foundational visibility to real-time decision-making, with positive implications for supply chain teams spanning sourcing & procurement, to production, to yard & DC operations and beyond. Some examples: Procurement and Co-manufacturing : What is the impact of inbound transportation issues on materials?

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

SCMDOJO

MARCH 27, 2024

That includes inventory tracking, order management, demand forecasting, and logistics planning. We also present the reasons why we believe they should be at the top of your consideration list. #1 3 Precoro Precoro simplifies procurement processes for small to medium-sized businesses. Cons: It is more focused on procurement.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 73

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 17

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 17

Supply Chain View from the Field

NOVEMBER 10, 2014

In addition to the procurement executives, I also got to meet Captain Dick Phillips, the captain of note in the film “Captain Phillips” We had a chance to talk about his experience, and he also presented to the group about the incredible experience he went through. Does procurement add to top line revenue.

Manufacturing Procurement 124

Manufacturing Procurement Procurement Conference North America 124

AIMMS

NOVEMBER 12, 2019

Procurement then pulls together a summary file with the vendors’ different scores for the supply chain decision maker to evaluate. I f you’re looking for i nventory software, a high – level capability might be: we want to manage inventory. Define inventory policies . Plan and optimize our inventory .

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

Logility

NOVEMBER 28, 2023

By moving beyond conventional, backward-looking methods, planning can forecast demand and inventory at the speed of the market. Planners strategically examine procurement and sourcing practices and align production and distribution to meet product demand. Demand and S&OP is not only about repeating history.

S&OP 130

S&OP Supply and Demand Supply Chain Planning Software Scenario Planning 130

Resilinc

APRIL 17, 2024

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

Sourcing Strategies 78

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiate Pricing 78

Supply Chain Shaman

SEPTEMBER 27, 2021

The problem with supplier visibility is bookended into procurement processes that have gone back, not forward over the last decade. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing.

Supply Chain Planning Software 309

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 309

AIMMS

OCTOBER 17, 2023

Overlooking sustainability can present substantial revenue risks, while embracing ESG (Environmental, Social, and Governance) principles can unlock a $2.1 Efficient inventory management Demand Forecasting: Use demand analytics to predict demand more accurately, thus reducing overstocking or stockouts. trillion opportunity.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

Requis

JUNE 23, 2022

COVID-19 exposed the grave weaknesses present in supply chains. Building on new digital models and commerce platforms , companies can: Improve procurement practices. Building on new digital models and commerce platforms , companies can: Improve procurement practices. Optimize inventory control. Reduce supply-chain risks.

Waste Reduction 52

Waste Reduction Optimal Sourcing Supply Chain Optimization Modeling 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions. 10% increase in both forecast accuracy and revenue.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

Taulia

FEBRUARY 27, 2024

Supply chain management (SCM) is integral to many of a company’s core operational functions, such as inventory and cash flow management. That said, there are three areas that are most often prioritized in digitalization projects: supplier management, inventory management, and the accounts payable/receivable functions.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Forecasting Software Procurement Solutions 52

Aera Technology

OCTOBER 30, 2018

by Kaushal Dave, Vice President of Cognitive (AI) Solutions, Aera Technology The problems that pervade inventory management are well known: Excess inventory languished in warehouses, tying up millions of dollars in working capital. planning, procurement, production, distribution and fulfillment. It’s a losing battle.

Inventory Management Software 64

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory Reduction 64

SCMDOJO

AUGUST 21, 2023

In this section, we present a list of the top 10 TikTokers who have successfully contributed to supply chain knowledge sharing and enhancement. These insights guide businesses in forming high-performing procurement teams, thereby fostering a seamless and efficient supply chain network.

Negotiating Skills 98

Negotiating Skills Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing 98

Supply Chain Game Changer

DECEMBER 15, 2020

The site is viewed as a key influencer platform in the arenas of Supply Chain, Logistics, Procurement and Management. Continuing in our tradition of years past we present here our 2020 Top 10 List Part 2. Inventory Management Beyond the Mystery (Ebook). Inventory Management Beyond the Mystery (Ebook).

eBook 98

eBook S&OP Optimal Sourcing Inventory Management Software 98

Taulia

FEBRUARY 4, 2022

This was a timely event – displaying some of the most critical challenges modern supply chains present when times of crisis hit. Potential supply-side catastrophes aren’t the only challenge that global supply chains present, though. Understanding global supply chain challenges. The first step is to build your knowledge.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 98