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

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

Supply Chain Shaman

FEBRUARY 18, 2021

The Covid-19 pandemic tested the global supply chain. Like riding a bumpy road, the supply chain leader is riding the ups and downs of changing market conditions facing greater variability day-to-day. Here, based on interviews with supply chain leaders, I share lessons learned. It will not be over soon.

Supply Chain Planning Software 355

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

Kinaxis

DECEMBER 3, 2014

Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #2 Poorly executed or non-existent sales and operations planning. Reason #3 Not having end-to-end supply chain visibility.

Expense Reduction 250

Expense Reduction Procurement Analytics Cost Reduction Strategies Metrics 250

Logistics Viewpoints

SEPTEMBER 20, 2022

“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supply chain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for Supply Chain Planning.

Supply Chain Planning Software 294

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 294

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

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. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 277

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

Logistics Viewpoints

MARCH 4, 2021

Being listed on a last-mile-delivery service platform and reaching a much broader customer base beyond the neighbors became a must-have for survival. Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Digital Transformation Journey.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 290

Supply Chain Shaman

JUNE 3, 2013

The solution solved a relevant industry issue. I asked companies to “Navigate through the hype focusing on the feasibility of scope and technology.” In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. Clear governance. Today, I feel that this advice is still relevant.

Supply Chain Design Software 321

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 321

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

JUNE 29, 2023

In today’s interconnected global economy, supply chains play a vital role in the success of businesses. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.

Manufacturing Procurement 275

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 275

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.” ” Or “push a shift from a focus on cost to drive value?” ” Sound familiar? To help, I will ask, “How do you define value?

Manufacturing Procurement 397

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

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. This allows businesses to track expenses, costs, and payments against the appropriate financial accounts.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

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.

Supply Chain Network Software 315

Supply Chain Network Software Manufacturing Procurement Procurement Analytics Optimal Sourcing 315

Logistics Viewpoints

MAY 19, 2022

He had a load full of cotton bales, and while idling away hours at a shipyard watching stevedores load other cargo onto ships he dreamed up containers that transformed global supply chains. Containerization eventually reduced shipping and loading costs by at least 75%. The myth of the “perfect plan”.

Optimal Sourcing 306

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 306

Kinaxis

SEPTEMBER 8, 2014

by Trevor Miles I have been in the advanced planning and scheduling (APS) space since 1995 when I joined i2 Technologies in Europe. Before that I was in management consulting doing what would be called supply chain design or reengineering today. Let me start with the confusion between planning and execution.

Supply Chain Planning Software 261

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Modeling Software 261

Kinaxis

DECEMBER 12, 2017

When making discretionary purchases, I could look at my projection to make sure that if I made that purchase, I would have enough money in the bank, not only now, but at the end of the month when my mortgage and car loan came out. Today’s supply chain professionals need a crystal ball, too. What-if planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Scenario Planning Supply Chain Planning 193

Logistics Viewpoints

MARCH 9, 2023

Autonomous Supply Chains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. each with discrete plans generated typically in sequential batch runs.

Supply Chain Planning Software 288

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 288

Supply Chain Shaman

OCTOBER 29, 2014

The consulting team pitches a theme–vision of supply chain best practices, big data analytics, or demand-driven value networks– to the executive team, and a new project is initiated. Question 1: What drives a Successful Implementation of Supply Chain Planning? The answer is no. What do we find?

Supply Chain Planning Software 379

Supply Chain Planning Software Modeling Demand Planning Software Optimization Software 379

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

FEBRUARY 1, 2024

His comments are the same–he feels that I identify problems but do not adequately define the solutions. While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

RFgen

DECEMBER 5, 2024

And if you’re still relying on outdated systems, it’s like trying to juggle with one hand tied behind your back. Mobile ERP software is transforming warehouses just like yours. This guide is your roadmap to successfully integrating mobile ERP software. Key technologies that power successful integrations.

Inventory Management Software 97

Inventory Management Software Supply Chain Design Software Optimization Software Supply Chain Planning Software 97

Logility

MAY 18, 2020

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. But your company doesn’t have to be a retail giant to use predictive analytics. using predictive analytics?built Predictive Analytics in a Nutshell.

Predictive Analytics 228

Predictive Analytics Analytics Software Predictive Analytics Software Procurement Analytics 228

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

Logility

AUGUST 14, 2023

When it comes to implementing supply chain planning and operations solutions, success relies heavily upon an organization’s ability to identify and document its desired value measures and outcomes, and to align those with its solutions provider. 1 Co-develop a business case with vendors.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Procurement Solutions 203

Logistics Viewpoints

MARCH 3, 2025

Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. Agentic AI involves creating a system of interacting agents, each trained on a specific task or dataset. The chemical industry has a complex supply chain. Agentic allows for much greater flexibility. Their plants are very expensive.

Negotiating Skills 200

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 200

Logistics Viewpoints

DECEMBER 14, 2021

My dad is the VP of our household’s grocery supply chain. To keep customers like my dad satisfied, RGD and Quick-commerce companies need to invest in new technologies to optimize the supply chain and logistics operations. Supply Chain Digitalization & Autonomous Planning.

Supply Chain Planning Software 300

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 300

Logility

JULY 20, 2023

Good forecasting leads to good demand planning —and good demand planning means better profitability. That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. To find the best solution for your business, you need the “what” and the “why”.

Supply and Demand 188

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 188

Logility

OCTOBER 6, 2023

For the last decade supply chain leaders and CIO’s have been evaluating when and how to move their supply chain applications to the cloud. Timely and accurate data – Digital planning platforms are driven by timely and accurate data.

Supply Chain Planning Software 194

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 194

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

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 56

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 56

DELMIA Quintiq

DECEMBER 28, 2020

This is part 2 of a 2-part series on how to succeed in planning and decisions amid times of disruption. In part 1 of my blog on Planning the Value Chain and Decision Making in Times of Disruption, the focus was on the ability to react and execute amidst the unpredictability of demand. Technology for Effective Planning.

Supply Chain Planning Software 296

Supply Chain Planning Software Scenario Planning Modeling Prescriptive Analytics Software 296

RFgen

JANUARY 16, 2025

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. We’re talking real-time tracking, automated purchasing, and a whole lot less stress.

Inventory Management Software 52

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

The Logistics & Supply Chain Management Society

APRIL 15, 2021

One of the industry’s biggest concerns is how to digitise and transform quickly, without starting from scratch and having to throw away your enormous investment in traditional systems. The good news is that you don’t have to—even if you have hundreds of legacy systems and ERP instances across your company.

Inventory Reduction 259

Inventory Reduction Cost Reduction Strategies Expense Reduction Supply Chain Planning Software 259

Supply Chain Shaman

JUNE 16, 2014

Today, nine out of ten supply chains are stuck. Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. Like an artifact, I have kicked around in the supply chain space since the 1980s.

Supply Chain Design Software 319

Supply Chain Design Software Network Design Software Supply Chain Planning Software Supply Chain Network Software 319

Supply Chain Shaman

JANUARY 8, 2014

” Supply Chain Leader. Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. I loved the quote that I captured today in my interview (see above), and I have enjoyed interviews with supply chain leaders like Peter Gibbons.

Procurement Analytics 279

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 279

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