Kinaxis

DECEMBER 3, 2014

Reason #9 Relentless pursuit of one supply chain metric at the expense of other metrics. Yet, these are similar instructions as what is passed down to the supply chain from executives focused on a specific supply chain metric. Why do companies focus on reducing a specific metric? There can be multiple reasons.

Expense Reduction 247

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 247

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

Supply Chain Shaman

OCTOBER 29, 2014

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. Here are the three questions that I would like people to ask: Table 1: Comparison of Results for Best of Breed Solution Providers to ERP Expansionists in Supply Chain Planning.

Supply Chain Planning Software 379

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 379

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 307

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 307

GlobalTranz

DECEMBER 30, 2014

Most certainly, trucking statistics are easy to digest if they are presented in a fun way, with lots of color and less clutter. Transportation Metrics That Matter Most to Track and Improve Performance : How do you measure logistics efficiency and transportation metrics performance indicators when you are already doing the best job possible?

Logistics Network Optimization Software 305

Logistics Network Optimization Software Expense Reduction Supply Chain Planning Software Modeling Software 305

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. Procurement in 2021 and beyond.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

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. Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues are non-GAAP financial measures provided as a complement to financial results presented in accordance with GAAP. Net change in cash (59.7)

Expense Reduction 195

Expense Reduction Material Savings Cost Reduction Strategies Price Reduction 195

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

Supply Chain Shaman

JUNE 29, 2014

The attendees were sitting on the edge of their seats to hear about the next release of Llamasoft software. The market for network design tools was growing at a moderate rate, and most of the market had invested in technologies from either i2 Technologies (then termed i2 Strategist) or Logictools. The theatre was packed. Reflections.

Supply Chain Design Software 268

Supply Chain Design Software Supply Chain Design Network Design Software Supply Chain Planning Software 268

Logistics Viewpoints

MARCH 3, 2025

Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. Then, another application would be purchased, and another, and another. Al Syed elaborated. This became an investment priority.

Negotiating Skills 184

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 184

Silvon Software

APRIL 19, 2022

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

ShipBob

MARCH 3, 2025

With so many moving parts to running an ecommerce business, youll probably build a tech stack of several different apps, platforms, and solutions to power your operations. The software automatically pulls inventory data from your warehouse for a real-time stock count update across all your sales channels.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Forecasting Software 52

ShipBob

MARCH 3, 2025

With so many moving parts to running an ecommerce business, youll probably build a tech stack of several different apps, platforms, and solutions to power your operations. The software automatically pulls inventory data from your warehouse for a real-time stock count update across all your sales channels.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Supply Chain Planning Software Forecasting Software 52

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

Supply Chain Shaman

DECEMBER 18, 2014

I had worked hard to teach the team presenting to talk the language of demand , but it was not understood at the board-room level. I asked myself, “How ironic is it that the technologies and processes of the past are always presented as the answer.” The traditional tools and approaches are not up to the task.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

GlobalTranz

DECEMBER 29, 2014

Below you can download the LTL Freight Management presentation with notes and also view the webinar in its entirety. Instead of becoming overwhelmed with data, managers should identify and focus on the most useful warehouse metrics to gather, report, and apply. Download the Webinar Replay. Read the Full Post. Read the Full Post.

Logistics Network Optimization Software 321

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 321

Talking Logistics

NOVEMBER 10, 2014

I also shared with them my view that companies will ultimately find opportunities for supply chain innovation at the intersection of Software, B2B Connectivity, and Social Networking — a trend best illustrated by the rise of Supply Chain Operating Networks (SCONs). How are companies using SCONs in the real world?

Optimal Sourcing 206

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Optimization Software 206

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

Supply Chain Shaman

JULY 29, 2013

Last week in the middle of a presentation, a supply chain leader made the statement, “We have solved the issues in supply through better optimization and use of data. ” Or run the statement by any software provider, and they will share that their solutions delivered these “best practices.”

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 350

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 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. Embedded AI that is purpose-built for supply chain.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

Supply Chain Game Changer

JUNE 26, 2025

A Simple growth marketing example If customers only purchase one or two items, your e-commerce company may need to be more profitable. You might use cross-selling and upselling to encourage the customer to purchase more products the first time and engagement strategies to enable them to buy more frequently.

Cost Reduction Strategies 92

Cost Reduction Strategies Procurement Analytics Price Reduction Material Savings 92

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

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

GlobalTranz

JANUARY 23, 2018

Data visualization can be applied to any supply chain process that presents users with information enabling the immediate adjustment of operations or sharing of information. Supply chain managers refocus their efforts to increase adherence to perfect order metrics and leverage marketing capabilities and capacities to their fullest potential.

Supply Chain Software 257

Supply Chain Software Agile and Lean Supply Chain Supply Chain Strategy Logistics Network Optimization Software 257

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Logility

JANUARY 26, 2024

However, this year promises a significant paradigm shift where traditional performance metrics are replaced by technology-driven frameworks, as recent breakthroughs with Generative AI in supply chains have demonstrated. In response, supply leaders must acquire better decision-making support, such as AI-first solutions.

Supply Chain Planning Software 217

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

SCMDOJO

JULY 3, 2023

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

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 257

Supply Chain Design Software Supply Chain Network Software Modeling Software Analytics Software 257

Supply Chain Shaman

OCTOBER 11, 2012

Procter & Gamble and Kimberly Clark); but for most companies that I have worked with, I see that they have purchased and implemented inventory technologies, but there has not been an impact on future years results in either Days of Inventory or Days of Working Capital. It is in presentation after presentation. I think not.

Inventory Reduction 247

Inventory Reduction Vendor Strategies Resource Reduction Cost Reduction Strategies 247

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. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Background.

Supply Chain Design Software 195

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

Logility

MARCH 6, 2020

For the more curious data scientist, Machine Learning for demand forecasting also has stable accuracy / bias trade-offs that can be adjusted on an ’efficient frontier’ of data science workflow, so that an accurate Machine Learning forecasting solution can be implemented quickly, and then studied over time to further improve the forecast.

Forecasting 261

Forecasting Supply and Demand Forecasting Software Modeling 261

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

ivalua

JUNE 29, 2020

As is, the healthcare supply chain is complex with multiple players involved such as manufacturers, distributors and group purchasing organizations (GPOs) supporting and interacting with multiple departments and care delivery points. Perhaps explore a self-distribution model and more transactional automation with procure-to-pay solutions. .

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain View from the Field

NOVEMBER 12, 2014

I was in Houston yesterday evening, speaking to a large group of procurement executives at a roundtable held by KPMG’s Procurement Advisory Group, at the fabulous Brennan’s restaurant on Smith Street. The event was well attended, with over 40 executives present.

Procurement Analytics 102

Procurement Analytics Procurement Solutions El Paso Houston 102

Precoro

DECEMBER 11, 2023

As part of the larger procurement process, sourcing involves finding and evaluating suppliers for goods or services that need to be purchased. Goals beyond the best purchasing price fall into strategic sourcing. In many cases, new companies start with simple sourcing to get the procurement process rolling.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105