Precoro

DECEMBER 24, 2024

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

Price Reduction 105

Price Reduction Sourcing Strategies Cost Reduction Strategies Expense Reduction 105

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. However, each user has their own instance of the software.

Vendor Strategies 311

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 311

Supply Chain Shaman

APRIL 29, 2024

In 2012, when I started Supply Chain Insights , I believed that I could revolutionize the purchase of supply chain planning solutions by initiating a rating and review process across trading partners. So, I rolled my savings out of my 401K to build a community to enable business user feedback and reviews. The reason?

Supply Chain Planning Software 419

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 419

Logistics Viewpoints

FEBRUARY 9, 2025

This is the best way to ensure you dont overbuy or underbuy a solution, avoiding unnecessary costs or missing critical functionality. Its an oft-quoted saying in IT: 80 percent of customers only use 20 percent of the features in the software theyve purchased. What Does No-Code/Low-Code Mean?

Supply Chain Design Software 162

Supply Chain Design Software Warehousing Procurement Solutions Optimization Software 162

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Configure to Order: This strategy involves customizing standard products based on customer specifications.

Manufacturing Procurement 274

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 274

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Procurement Analytics 49

Logistics Viewpoints

APRIL 6, 2023

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

Optimal Sourcing 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

Logistics Viewpoints

MARCH 27, 2025

Most supply chain and logistics teams have recognized that the only way to combat todays incredible level of uncertainty is by adopting and applying digital tools. The pace and scope of supply chain disruption are beyond human cognition, manual analysis, and consumer-grade spreadsheet tools.

Supply Chain Planning Software 332

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 332

Logistics Viewpoints

JUNE 3, 2025

The formula for OTIF is: Measuring a supply chain against OTIF metrics is a key strategy that helps decision makers attach a tangible value to the success of their fulfillment and allows them to determine key strategies.

Optimal Sourcing 155

Optimal Sourcing Optimization Software Sourcing Strategies Price Mitigation Strategies 155

Descartes

JUNE 4, 2025

We continue to see strong interest in our domain expertise and our solutions to help companies navigate the complex trade landscape. Acquisition of 3GTMS On March 24, 2025, Descartes acquired all of the shares of 3GTMS, a leading provider of transportation management solutions. Additions to property and equipment (1.9)

Expense Reduction 195

Expense Reduction Material Savings Cost Reduction Strategies Price Reduction 195

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 60

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.

Optimal Sourcing 290

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 290

Logistics Bureau

DECEMBER 28, 2024

Businesses are recognising the need to become good corporate citizens, as well as prepare for regulatory schemes that may require them to reduce carbon emissions. How to Reduce Carbon Emissions in Your Supply Chain 1. Transportation Networks and Modal Shifts A good transportation strategy is one of the best ways to reduce emissions.

Material Savings 75

Material Savings Resource Reduction Supply Chain Design Software Supply Chain Planning Software 75

Logistics Viewpoints

AUGUST 15, 2022

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Business Spend Management Solutions are Networked .

Supply Chain Network Software 314

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 314

DELMIA Quintiq

NOVEMBER 17, 2020

From raw material procurement to final product sales, these supply chains’ ability to minimize inventory through product life cycle controls and facilitate prompt product supply is every bit as important as product differentiation strategies. To achieve this, having the right planning solution is crucial.

Optimal Sourcing 296

Optimal Sourcing Manufacturing Procurement Supply Chain Optimization Supply Chain Planning Software 296

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Price Reduction Expense Reduction Vendor Strategies 45

RFgen

DECEMBER 19, 2024

By maximizing space utilization, improving inventory control , and boosting workflow efficiency, you can unlock significant cost savings and elevate your customer service game. In this comprehensive guide, we’ll explore the key elements of warehouse optimization and provide actionable strategies you can implement today.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Logistics Viewpoints

SEPTEMBER 4, 2023

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.

Procurement Solutions 289

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 289

Procurement Academy

DECEMBER 18, 2024

Procurement fraud is often overlooked, but it can tear away at your company’s integrity and reputation from the inside if left unchecked for too long. Proactively identifying and managing procurement fraud is incredibly important when safeguarding your organization’s future. Lets take a look.

Resource Reduction 52

Resource Reduction Vendor Strategies Cost Reduction Strategies Price Reduction 52

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 94

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 94

ThroughPut

OCTOBER 10, 2024

As businesses globally focus on reducing lost productivity, costly downtime, and rising inventory expenses, effective spare parts management has become a top priority—especially for asset-intensive industries. Poor spare parts management and planning can significantly impact the bottom line, leading to inventory failures. Let’s get started.

Inventory Reduction 52

Inventory Reduction Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 52

Logistics Viewpoints

DECEMBER 12, 2022

Myers Industries Implements John Galt Solutions. This manufacturer produces plastic reusable material handling containers and plastic fuel tanks. They also are also one of the largest distributor in the US of tools, equipment and supplies for the tire and wheel service industry. You know it’s really good.

Supply Chain Planning Software 264

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Scenario Planning 264

Supply Chain Shaman

NOVEMBER 11, 2020

Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Likewise, data scientists are long on the understanding of software approaches but short on understanding the business. Kinaxis Purchase of Rubikloud. They are just too risky. Talent Demand.

Supply Chain Design Software 362

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 362

Precoro

JUNE 3, 2025

Businesses often use it in retail and purchasing. Category management isn’t just another procurement trend. It’s a way for companies to group similar goods or services (like IT infrastructure, facilities, or raw materials) and manage them holistically instead of handling every purchase in isolation.

Manufacturing Procurement 45

Manufacturing Procurement Procurement Analytics Procurement Solutions Material Savings 45

RFgen

NOVEMBER 13, 2024

Mobile inventory management is a digital solution that combines a mobile inventory app with cloud-based software to track, manage, and optimize inventory in real-time. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members. Let’s get started!

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

ToolsGroup

NOVEMBER 8, 2021

Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. BOSTON (Nov 8, 2021) – ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Mi9 Retail’s Demand Management business. Accel-KKR initially invested in ToolsGroup in 2018. .

ToolsGroup 317

ToolsGroup Modeling Demand Management Demand Planning Software 317

Logistics Viewpoints

AUGUST 1, 2024

In today’s dynamic business environment, disruptions like material shortages or changing customer preferences can cripple your bottom line. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Modeling 317

Modeling Network Optimization Supply Chain Design Software Material Savings 317

Kinaxis

MAY 16, 2025

Shoppers coping with inflation have shifted buying habits , purchasing fewer goods and cutting back on big name brands in favor of cheaper alternatives. Short-term consumer product strategies for tariffs and regional demand shifts In the short-term, U.S. As tariffs expand, be prepared to mirror these strategies in other regions.

Beverage 130

Beverage Price Reduction Canada Cost Reduction Strategies 130

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 277

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

Predictive Analytics Software 354

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 354

QAD

MAY 22, 2025

While there are no short-term fixes, enterprises should prioritize areas where they can make the quickest gains to reduce costs. Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

RFgen

JANUARY 16, 2025

Raw materials, works-in-progress, finished goods it’s enough to make your head spin. That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. Spreadsheets just don’t cut it anymore.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Supply Chain Planning Software Optimization Software 52

RFgen

FEBRUARY 25, 2025

This article will examine the causes of these phenomena, provide real-world examples from different industries, and offer strategies to mitigate their effects. This is often done to take advantage of economies of scale, such as quantity discounts or reduced shipping costs.

Inventory Reduction 52

Inventory Reduction Price Reduction Material Savings Cost Reduction Strategies 52

Jaggaer

APRIL 9, 2025

How AI is Transforming Manufacturing: Strategies, Benefits, and Use Cases Artificial Intelligence (AI) is a huge topic and one that is constantly changing as research and development efforts push out the boundaries of whats possibleand whats already happening! Smart manufacturing and Industry 4.0 AI also plays a key role in quality control.

Material Savings 52

Material Savings Inventory Reduction Manufacturing Procurement Waste Reduction 52

ThroughPut

MAY 20, 2025

In addition, poor visibility, unpredictable demand, and disjointed systems worsen the situation further and lead to inefficient procurement, misplaced stock, and emergency orders. Thats why a growing number of organizations are turning to AI software for spare parts inventory management.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Prescriptive Analytics Software Supply Chain Planning Software 52

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.

Optimal Sourcing 52

Optimal Sourcing Negotiating Skills Supply Chain Planning Software Supply Chain Design Software 52

DELMIA Quintiq

JUNE 9, 2020

Only purpose-built solutions deliver realistic plans that can meet customer orders while managing the variability of supply and demand. Manufacturing Operations Management (MOM) and Planning & Optimization are both critical parts of the optimal solution.

Manufacturing Procurement 272

Manufacturing Procurement Optimization Software Supply Chain Optimization Price Mitigation Strategies 272