ThroughPut

MARCH 27, 2024

While on one hand, predictive analytics analyzes historical data and market trends for accurate demand forecasting, on the other, customers are being offered personalized experiences based on their preferences, purchase history and behavior. Dynamic Pricing If you want to adjust the prices of your products dynamically, AI tools are the best.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

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

ToolsGroup

DECEMBER 16, 2021

Whereas retailers once purchased merchandise largely based on the gut instinct of trend-savvy buyers and the push of whatever manufacturers tried to sell them, nowadays, they need to take a much more customer-focused and data-centered approach. The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Supply Chain Opz

JUNE 1, 2014

Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Case Study 239

Case Study Supply Chain Planning Software Supply Chain Design Software Study 239

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

Precoro

SEPTEMBER 4, 2023

The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity. The cash conversion cycle is a significant financial metric for retailers and manufacturing companies involved in buying and managing inventories and selling them to customers.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

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. But for top CPOs , this demand is becoming harder and harder to meet.

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Unleashed

OCTOBER 6, 2021

It may also be useful to use KPIs for your most important suppliers – for example KPIs for goods and services are delivered, whether they are on time, and whether they meet quality expectations. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

TransAudit

DECEMBER 13, 2023

Teams must fully understand the concept and goals, and be equipped with the tools to enact change. Robust tracking, monitoring, and auditing will be essential for meeting goals. Work with data solution providers to meet emerging transparency regulations. As such, a circular supply chain can improve customer retention.

Supply Chain Design Software 88

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

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Reshaping the manufacturing world to meet new demands. What makes this process easier?

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Increase overall equipment effectiveness (OEE).

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Supply Chain Shaman

OCTOBER 29, 2014

The meeting is on everyone’s calendar. There is an abundance of pastries flowing from the basket, and the stage is set for an impactful meeting. Even though things seem to be going well (all of the meeting details are well-executed and the speaker is giving an energized presentation), the room is eerily quiet.

Supply Chain Planning Software 313

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 313

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. Procurement is the process of sourcing the suppliers and service providers that enable you to sell products.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

ThroughPut

DECEMBER 8, 2023

Predictive analytics enables forecasting potential future outcomes, while prescriptive analytics goes a step further and assists in generating specific recommendations to meet the desired result. These analytics techniques serve as essential tools to transform descriptive metrics into actionable insights and informed decisions.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Enterra Insights

DECEMBER 20, 2018

Koesters reports a study by IDC found, “40% of digital transformation initiatives will be supported by cognitive computing and AI capabilities to provide critical, on-time insights for new operating and monetization models. . ” Building software more quickly. ” Leveraging robotic process automation (RPA). ”[4].

Analytics Software 113

Analytics Software Predictive Analytics Software Supply Chain Design Software Supply Chain Software 113

RFgen

FEBRUARY 22, 2017

Mobile data collection solutions can help struggling companies more accurately track their inventory. Before we discuss how mobile data collection solutions can help struggling businesses, we need to address just how serious it is that all companies continuously evaluate their supply chain for weaknesses.

Resource Reduction 52

Resource Reduction Procurement Solutions Inventory Reduction Price Reduction 52

RFgen

FEBRUARY 22, 2017

Mobile data collection solutions can help struggling companies more accurately track their inventory. Before we discuss how mobile data collection solutions can help struggling businesses, we need to address just how serious it is that all companies continuously evaluate their supply chain for weaknesses.

Resource Reduction 52

Resource Reduction Procurement Solutions Inventory Reduction Price Reduction 52

Supply Chain Shaman

OCTOBER 8, 2019

Financial forecasts tend to have a negative bias (forecasts less than market potential) to ensure that employees have a better probability of meeting their bonuses. The data in Table 1 is from a recent research study. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

Supply Chain Game Changer

AUGUST 30, 2021

They will understand more about improving processes and learn some techniques and tools they can employ in their future careers. After a chance meeting with a colleague from his college days, he realizes he has to break out of his conventional ways of thinking and knows what he has to do. The Goal: A Process of Ongoing Improvement.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

SCMDOJO

AUGUST 16, 2023

This case study aims to delve into the significance of supply chain capability for enhancing a company’s competitiveness and how it serves as a competitive advantage for companies. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 76

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 76

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. By building an excellent Supplier Management Process, a successful company can mitigate those risks and ensure that their supply chain is undisrupted and meets the KPI's. Raise Team expertise.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Supply Chain Shaman

NOVEMBER 15, 2012

He wanted to build depth in the S&OP process; but, he had not been able to convince his management team to purchase an S&OP technology. The IT department was certain that they needed a tightly integrated business solution for S&OP and that they needed a licensed application and full-blown implementation team to get it right.

Supply Chain Planning Software 265

Supply Chain Planning Software Modeling Software Forecasting Software Demand Planning Software 265

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). Meet Ernest. As a B2B company, procurement management is essential.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Locus

OCTOBER 5, 2021

Today, businesses are at the cusp of new changes in the supply chain that includes evolving customer expectations, omnichannel purchasing, and the shipping of unpredictable volumes. Businesses prefer a fixed logistics model when they don’t have immediate requirements to meet dynamic market demand.

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 52

Logility

AUGUST 23, 2016

Most likely the company will still need to forecast raw materials, purchased components, and/or sub-assemblies to be able to meet customer demand. Studies have shown time and again that spreadsheets provide inadequate forecasting functionality and are riddled with errors. Dynamic Models.

Forecasting 100

Forecasting Forecasting Software Supply and Demand Inventory Reduction 100

Unleashed

AUGUST 23, 2023

You can also increase the efficiency with which inventory is managed using warehousing equipment such as pallet racks, automated storage and retrieval systems, and warehouse inventory management software. A study by Research Gate found that 90% of total warehousing time and 55% of all operating costs are attributable to order picking.

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. Case Study: NFPC Enhances ERP to Gain 99.9% Case Study: NFPC Enhances ERP to Gain 99.9%

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

ThroughPut

OCTOBER 7, 2022

For example, a Deloitte e-commerce study has predicted that the global online retail volume is expected to grow at a rate of 15% till 2023. Reshaping the manufacturing world to meet new demands. An AI-powered tool can help you get this baseline in a matter of minutes. What makes this process easier?

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Supply Chain Management and Analytics

JANUARY 9, 2021

Customer Success is a marketing strategy that was developed for SaaS (Software as a Service) companies to keep their customers longer and generate more income. So, if you want to keep your customers close, ensure your satisfaction with solutions that help them achieve the goal that generated the need for that purchase.

Purchasing Training 52

Purchasing Training Expense Reduction Material Savings Resource Reduction 52

Logility

OCTOBER 6, 2023

Integrations include cloud ERP systems, data warehouse solutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. What do these drivers and advantages mean for my business?

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

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. SanDisk Corporation designs, develops and manufactures flash memory storage devices and software.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Shaman

JANUARY 22, 2013

At the NRF event, I feel that the words were largely overhyped and the solutions showcased on the floor largely underdelivered. As these words filled the air in session after session, the promises were vast and overarching, but the solutions showcased in the vendor booths on the floor were largely the same.

Supply Chain Design Software 237

Supply Chain Design Software Analytics Software Supply Chain Network Software Modeling Software 237

Cognira

DECEMBER 20, 2022

According to a study conducted by Cone Communications: 87% of customers are confessing that they will purchase a product because a company advocated for an issue they cared about. 76% of customers will refuse to purchase a company’s products or services upon learning it supported an issue contrary to their beliefs.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

Supply Chain Shaman

MARCH 15, 2016

Last Thursday I flew to Munich to meet with SupplyOn. Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners. I am struggling with jet lag.

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150