ivalua

MAY 30, 2025

As supply chains become more interconnected and risks more dynamic, traditional procurement tools fall short. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. What’s the technology behind autonomous procurement agents? You may also have heard of Agentic AI.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Procurement Analytics Negotiating Skills 130

ivalua

JUNE 9, 2025

In this type of environment, traditional procurement software and manual processes are insufficient – and many procurement teams are looking to artificial intelligence (AI) for answers. Key Takeaways Understand the potential impact of AI – including Generative AI & AI Agents – in procurement.

Optimal Sourcing 130

Optimal Sourcing Procurement Solutions Purchasing Skills Procurement Analytics 130

Precoro

NOVEMBER 11, 2024

For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. In this article, we’ll explain what centralized purchasing is, the challenges it tackles, the benefits of centralized procurement, and the types of companies that can benefit most from it.

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

SCMDOJO

JANUARY 9, 2025

Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Think of them as apples and gearseach essential and effective on its own, yet when combined; they create a formidable mechanism for achieving procurement excellence. Click here!

Optimal Sourcing 98

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 98

Supply Chain Shaman

MAY 21, 2024

In follow-up qualitative interviews, one of the largest issues with organizational alignment was metric definition and a clear definition of supply chain excellence. In my post Mea Culpa, I reference my work with the Gartner Supply Chain Hierarchy of Metrics. Error is error, but is it the most important metric? My answer is no.

Procurement Analytics 393

Procurement Analytics Metrics Optimal Sourcing Supply Chain Planning Software 393

ToolsGroup

JANUARY 21, 2025

Setting the Stage The National Retail Federation’s 2025 conference has unveiled a clear vision of retail’s future, where artificial intelligence, integrated planning solutions, and customer-centric approaches are reshaping the industry landscape. Here are the key insights we gathered firsthand at this year’s event.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Software Inventory Reduction Price Reduction 156

ToolsGroup

MARCH 25, 2025

Beyond simply improving forecast accuracy, todays ML-powered demand forecasting software uncovers hidden supply trends, anticipates pricing fluctuations, and enables proactive supply chain planning decisions. Five Ways Advanced Machine Learning in Demand Planning Is Improving Forecasting 1.

Supply and Demand 156

Supply and Demand Forecasting Forecasting Software Modeling 156

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

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 69

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 69

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

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 Expense Reduction Price Reduction Vendor Strategies 45

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

My Office Apps

OCTOBER 21, 2024

What is Vendor Relationship Management (VRM) and Why It’s Essential for Your ERP and Inventory Software? Strong vendor relationships are critical for business success, especially when it comes to managing inventory and procurement. By automating this process, you reduce errors and improve financial reporting accuracy.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Supply Chain Shaman

FEBRUARY 18, 2021

The Failure of Existing Demand Planning Solutions. During the pandemic, supply chain leaders turned off their demand planning solutions. Also, the solutions lacked flexibility. Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. The reason?

Supply Chain Planning Software 355

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 355

QAD

MAY 22, 2025

There are many ways an organization can cut supply chain costs. While there are no short-term fixes, enterprises should prioritize areas where they can make the quickest gains to reduce costs. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

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

DECEMBER 15, 2022

When reviewing strategy decks for supply chain teams, I often see statements like “move from a functional-silo’d focus to a drive a more holistic response.” In my research, I find that the lack of alignment has a direct impact to value (operating margin and market price to book value). Functional Metrics.

Manufacturing Procurement 397

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 397

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

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 310

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 310

Jaggaer

MARCH 24, 2025

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Price Reduction 52

Jaggaer

NOVEMBER 14, 2024

In today’s dynamic market, procurement is far more than just a buying and purchasing center. Our latest e-book, “ Is Manufacturing Missing Out On Procurement’s Value Add? “ , explores how direct procurement can substantially enhance the manufacturing process. Here are some key insights from the e-book.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 52

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 272

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

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. But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software? Why You Need Visibility of Supply Chain and Procurement KPIs?

Pricing Training 72

Pricing Training Optimal Sourcing Purchasing Skills Negotiating Skills 72

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

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.? It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Supply Chain Shaman

DECEMBER 17, 2018

It is just not enough to do a software upgrade or slowly push continuous improvement projects. The lubricants are oils and greases to reduce friction and prevent moving machine parts from grinding. Completed in 2012, the ERP project forced the company to standardize organizational design, roles, and metrics. Overview of Shell.

Demand Planning Software 322

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

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

Locus

JUNE 10, 2025

Streamline Your Route Planning Process Daily route planning can quickly become overwhelming, especially if you’re managing delivery routes using spreadsheets, manual methods, or basic mapping tools. Top 10 Route Planning Software Solutions: Overview Here’s a quick comparison of the top route planning software solutions in 2025.

Supply Chain Planning Software 52

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

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

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 Procurement Solutions 98

The Logistics & Supply Chain Management Society

APRIL 26, 2022

With the crisis in Ukraine and sanctions imposed on the Russian Federation, fuel and energy prices are now soaring. And companies at every stage of the supply chain have inflated their prices as demand exceeds supply. GLOBAL CRISES DRIVE PRICES SKY-HIGH. forcing businesses to adjust to reduced and unpredictable demand.

Supply Chain Planning Software 246

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

GlobalTranz

DECEMBER 29, 2014

Believe it or not, even in the midst of a Manufacturing “revival” with a focus on total cost reduction, most companies miss the boat completely on logistics efficiency, a critical area for improving corporate profitability. Read the Full Post. Download the Webinar Replay. Read the Full Post. Read the Full Post. Read the Full Post.

Logistics Network Optimization Software 321

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 321

Logistics Viewpoints

DECEMBER 15, 2022

ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most. Price index and price elasticity are useful metrics on their own, and a combination of these can help determine the right price point to maximize revenue and profit.

Optimal Sourcing 261

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 261

Logistics Viewpoints

OCTOBER 12, 2023

Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.” The same “If” statement was repeated for a host of financial and operational metrics.

Supply Chain Design Software 312

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 312

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

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