Supply Chain Shaman

JUNE 30, 2023

His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. (BTW,

Supply Chain Planning Software 387

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 387

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 Inventory Management Software 105

Supply Chain Shaman

OCTOBER 11, 2012

This year supply chain leaders will celebrate thirty years of progress in supply chain management; but we have not made progress on one of the funamentals: inventory management. I think that it is time for us to take the litmus test and ask the hard questions, “Have our practices impacted days of inventory? I want to believe.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

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

ToolsGroup

MAY 11, 2022

Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supply chain threats but lack people to make transformation succeed. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supply chain professionals around the world. About ToolsGroup.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

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

Supply Chain Shaman

JUNE 20, 2014

However, what is clear from our recent study of 73 manufacturers using supply chain planning is that companies using best-of-breed solutions implement faster, achieve a quicker Return-on-Investment (ROI), and are more satisfied. Today, in many organizations, these solutions are legacy. Was it intentional? Or accidental?

Supply Chain Planning Software 366

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply and Demand 366

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. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ToolsGroup

JUNE 2, 2021

The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives. Planning and preparation are paramount when beginning the planning software selection process. Implementing new supply chain planning software is not a one-and-done.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 156

Supply Chain Shaman

MAY 21, 2024

The survey was one of many, and I found the project relatively nondescript, bordering on boring. One of my lessons learned in completing survey-based research over the past twelve years, is that projects are full of surprises. In the survey, companies had over one hundred active continuous improvement programs.

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! The issue wasn’t poor planning – they had the inventory. When investing in a modern supply chain software solution, remember that you work in supply chain.

Supply Chain Planning Software 306

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 306

Logility

JANUARY 25, 2022

ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. Logility is a wholly owned subsidiary of American Software, Inc. Logility, Inc., NASDAQ: AMSWA).

Supply Chain Planning Software 205

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 205

GlobalTranz

APRIL 6, 2021

Embracing technology is part of that solution. But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. 2020 Was A Year Of Supply Chain Disruption. Overall, U.S.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 285

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

Companies had to survive the disruptions by obtaining visibility throughout their supply chains, some may have done so through large amount of manual effort rather than more automated solutions. but when demand slowed, the pressure to reduce inventory becomes a lot higher. 2022 ocean schedule reliability dropped to 30%.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

Supply Chain Shaman

JUNE 14, 2014

In Figure 1, I share a composite orbit chart of progress of Cisco Systems, Intel, Samsung and Flextronics on the Effective Frontier at the intersection of inventory turns and operating margin for 2006-2012. However, no company in this chart is on a linear path towards improving both margin and inventory turns. What can we learn?

Manufacturing Procurement 345

Manufacturing Procurement Optimal Sourcing Procurement Analytics Modeling 345

Bristlecone

JANUARY 8, 2025

Recent surveys from Gartner found that 61% of respondents see advanced technologies as key differentiators for being competitive. 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.

Supply Chain Planning Software 98

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

Supply Chain Shaman

SEPTEMBER 20, 2015

” Currently working on a series of surveys to help clients answer these two questions, I struggle with the current state. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In Most supply chain planning teams do not know their customers.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 323

Logistics Viewpoints

NOVEMBER 18, 2021

Expectations for short delivery times, 100% fulfillment accuracy, and large product selection and availability have become a key deciding factor on which customers make their purchase decisions. Of the DC technology choices available, AI software is significantly promising for many looking to transform their DC operations.

DC 334

DC Optimization Software Demand Planning Software Supply Chain Planning Software 334

Enterra Insights

APRIL 2, 2024

The checkout kiosks bleat and flash when you fail to set a purchase down in the right spot. ”[3] All retailers, not just grocers, are suffering from inventory losses. Target, for instance, is restricting the number of items self-checkout customers can purchase at one time. And 96% of retailers surveyed offer self-checkout.”

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

Enterra Insights

JANUARY 6, 2022

He noted that a survey by IBM found that 83% of the retail executives surveyed believed cognitive computing would have a “critical impact” on the future of their organization. Even in a fast-paced industry like retail, there are more proof-of-concepts than end-to-end business solutions offering cognitive capabilities.”

Retail 173

Retail Optimal Sourcing Optimization Software Analytics Software 173

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. The key is to make sure all the costs are transparent up front during the purchasing process. Are charges known at time of purchase?

Supply Chain Network Software 246

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 246

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

Logistics Viewpoints

SEPTEMBER 6, 2024

These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. The Ulula platform will enhance EcoVadis’ data by providing insights through automated surveys, grievance management, and analytics. The size of the investment was not disclosed.

Supply Chain Planning Software 307

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software North Carolina 307

BlueYonder

MARCH 11, 2025

Rapid development of advanced planning and scheduling tools The COVID-19 pandemic didn’t just expose the vulnerabilities of physical supply chains; it also revealed the critical need for digital agility. At first, there was a surge in essential purchases as people stockpiled necessities like toilet paper.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Modeling 87

Supply Chain Shaman

FEBRUARY 11, 2019

Each year, when we complete our annual talent survey, we note greater and greater dissatisfaction within the role of supply chain planners. Note that academics and employees of technology software companies have a statistically significant higher level of job satisfaction. Selection of a Supply Chain Planning Solution.

Supply Chain Planning Software 207

Supply Chain Planning Software Modeling Software Demand Planning Software Supply and Demand 207

Supply Chain Shaman

DECEMBER 12, 2024

In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. Expect greater variability in lead times and an increase in in-transit inventory. Inventory Management. Procurement was operating in isolation from supply chain.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

ToolsGroup

DECEMBER 16, 2021

After all, why pay full price when you can purchase the exact same item for less? Investing in a modern promotion management solution is the best way to ensure your customers get the products they want at a fair price, making them less likely to turn to your competitors, while still ensuring that you meet your fiscal targets.

Retail 194

Retail Purchasing Skills Procurement Solutions Procurement Analytics 194

Logility

JANUARY 26, 2024

In response, supply leaders must acquire better decision-making support, such as AI-first solutions. A poll during one of our recent webinars on AI-first supply chain planning showed that 76% of surveyed companies were in the educational stage of adopting Generative AI in supply chain.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 217

Logistics Bureau

DECEMBER 1, 2024

Customer Relationship Management (CRM) in supply chain management focuses on using customer data and segmentation strategies to optimize delivery networks and inventory management. This allows supply chain segments to be defined with specific characteristics in terms of inventory and shipping. Why is it important?

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Inventory Reduction Cost Reduction Strategies 75

QAD

MAY 23, 2023

ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 98

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 98

BlueYonder

DECEMBER 1, 2022

6-8, among many others, in an effort to sell off their excess inventory. To help uncover the latest consumer trends from this weekend, Blue Yonder surveyed over 1,000 consumers who shopped during one of the five shopping days (Thursday, Nov. Consumers still value flexibility for getting their purchases. 24-Monday, Nov.

Survey 93

Survey Purchasing Skills Supply and Demand Price Reduction 93

QAD

APRIL 27, 2023

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98