SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Is inventory bloating your costs? But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software?

Pricing Training 72

Pricing Training Optimal Sourcing Purchasing Skills Negotiating Skills 72

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole. Lack of Transparency.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

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

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

IT Supply Chain

JUNE 18, 2025

What Contractors Need to Streamline Procurement in 2025 By Ian Summers (pictured) Content Writer 111 Views You’re on-site before dawn, the framing crew’s ready, but the steel shipment’s stuck in limbo, the invoice isn’t approved, and your project management app just pinged you for the fourth time.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Supply Chain Planning Software 52

Logistics Viewpoints

JUNE 1, 2023

The Russian invasion of Ukraine and the following economic sanctions spiked energy prices and created new sourcing challenges for certain agricultural products and raw materials. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 272

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

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? Let’s break them down.

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

Supply Chain Shaman

APRIL 1, 2015

In parallel, I have been hard at work on a report on multi-tier inventory optimization for the last two weeks. In the research for my inventory optimization report, the lowest level of satisfaction with multi-tier inventory optimization is with clients of the SAP inventory solution (previously purchased from SmartOps).

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Network Design Software Optimization Software 150

Logistics Viewpoints

FEBRUARY 17, 2022

Recently, my team members and I worked on a project with a well-known retailer facing challenges in the e-commerce area of its distribution center – and here was the question at hand: ‘Would replacing the WMS be the best solution?’. Supply chain planning tools. Improved inventory management capabilities.

Optimization Software 273

Optimization Software Supply Chain Design Software Price Mitigation Strategies Supply Chain Planning Software 273

Logility

SEPTEMBER 1, 2023

Demand forecasting plays a crucial role in business success, as it helps predict customer demand and plan inventory effectively. Fortunately, with the advent of artificial intelligence (AI), demand forecasting software has undergone a significant transformation. However, traditional forecasting methods often fall short in accuracy.

Forecasting 176

Forecasting Forecasting Software Demand Planning Software Modeling 176

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 90

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 90

Supply Chain Shaman

DECEMBER 17, 2018

It is just not enough to do a software upgrade or slowly push continuous improvement projects. They saw a steady drop in inventory and reduced working capital by about 50% over the period of 2011-2015. Impact of Demand Sensing on Inventory Levels. He needed to find new solutions. Incrementalism Is Not Enough.

Demand Planning Software 322

Demand Planning Software Supply and Demand Supply Chain Planning Software Supply Chain Design Software 322

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. Gone are the days of paper inventory tracking and manual data entry. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory.

Inventory Management Software 98

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

Precoro

DECEMBER 11, 2023

The dynamic landscape of modern business comes with increasing product variety and volatile prices, making it more important than ever to stay competitive on the market. As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108

Bristlecone

JANUARY 8, 2025

AI/ML algorithms analyze data to provide actionable recommendations, such as increasing production capacity, reallocating inventory, reducing prices, or switching suppliers and 3PL service providers. The business carried too much inventory about $6 B, which led to much waste through product obsolescence.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 98

The Logistics of Logistics

APRIL 16, 2014

With software plugged into your warehouse management system, picking and shipping orders has become a lot more accurate. Warehouse Control & Order Fulfillment Software. Order fulfillment software is a popular option in helping to automate the pick and pack process. Best Pick and Pack Shipping Systems for 2014.

Logistics Network Optimization Software 218

Logistics Network Optimization Software Shipping System Supply Chain Software 218

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Adequate cross training is not occurring fast enough to fill the gap. Forced to implement protective measures through the pandemic, some companies increased overhead by stock piling inventory which negatively affects both cash flow and profits. Manufacturers can use forecasting to support inventory optimization.

Forecasting 105

Forecasting Forecasting Software Inventory Management Software Supply Chain Planning Software 105

Enterra Insights

JANUARY 6, 2022

Even in a fast-paced industry like retail, there are more proof-of-concepts than end-to-end business solutions offering cognitive capabilities.” turn to the technology for a wider range of operations, from inventory management to more personalized online search and shopping.”[3] ” Timing of price changes is critical.

Retail 173

Retail Optimal Sourcing Optimization Software Predictive Analytics Software 173

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

Supply Chain Opz

NOVEMBER 9, 2014

The Lean journey should focus on straightforward activities that everyone can see and understand because the tools take on a life of their own, causing the operation to lose sight of the simple goal of waste elimination. Reducing lead times from suppliers can help turn inventory faster, freeing up cash and ultimately satisfying customers.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

SCMDOJO

JUNE 9, 2025

Every shipment, inventory check, customs clearance, and delivery relies on accurate records to move smoothly from one point to the next. After scheduling a shipment or updating inventory, the system pulls pre-set information and populates forms based on rules or templates.

Supply Chain Planning Software 52

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

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

Unleashed

OCTOBER 12, 2022

In the past couple decades, businesses have increasingly woken up to the extraordinary benefits of ERP software – particularly since it moved to the cloud. In this ERP pricing guide: Quick recap: What is ERP? Inventory management. But what does ERP cost for an SME? HR, including onboarding and payroll. Supply chain management.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Modeling Software 98

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

Jaggaer

FEBRUARY 28, 2025

Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving Chief Procurement Officers (CPOs) grappling with challenges that could make or break their organizations. Amid economic uncertainties and geopolitical shifts, procurement leaders face mounting pressure to drive sustained growth.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Manufacturing Procurement Material Savings 52

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). As a B2B company, procurement management is essential. Meet Ernest.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

RFgen

JUNE 8, 2023

Key Takeaways: Inventory management software with built-in automation has been found to increase accuracy and profits. There is no one-size-fits-all solution for inventory management software—it’s about the best product for your business objectives and industry. accuracy and more. accuracy and more.

Inventory Management Software 84

Inventory Management Software Supply Chain Planning Software Optimization Software Demand Planning Software 84

Precoro

AUGUST 31, 2023

For example, to avoid costly equipment repairs in the future, a company might conduct intensive training for the manufacturing staff and prioritize teaching them how to use expensive equipment properly. For instance, they can focus on negotiating better deals with the suppliers. Be thoughtful not to make the conversation hostile.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Enterra Insights

AUGUST 15, 2024

One such behavior was a notable increase in online grocery purchases. McKinsey analysts noted, “Our grocery consumer survey found that convenience — in the form of time savings, delivery, and ease of price comparisons, among others — was the overwhelming draw for online channels.”

Pricing Training 130

Pricing Training Predictive Analytics Software Optimization Software Purchasing Training 130

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

SCMDOJO

MAY 23, 2025

Machine learning algorithms can forecast demand shifts, recommend inventory buffers, and detect anomalies in supplier performance. Integrating Analytics Into Every Tier Analytics must penetrate every layer of the supply chainfrom procurement to last-mile delivery. Take the example of inventory optimization.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Procurement Analytics Analytics Software Supply Chain Planning Software 59

SCMDOJO

JANUARY 19, 2025

The ways to find and buy items online with instant processing had changed the customers’ views on the whole chain. But convenience is not the only trait of a click-to-buy process. Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Jared Weitz is a U.S.-based

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Expense Reduction Inventory Reduction 52

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97