Logistics Viewpoints

MARCH 27, 2025

A disruption at any point in the global logistics network including the average of 12 touch points from shipment packaging to final delivery can prove disastrous for profits, service levels, customer loyalty, and other key metrics. With the global e-commerce market predicted to reach $8.1

Supply Chain Planning Software 333

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 333

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

Procurement Academy

FEBRUARY 6, 2025

Download our Training Catalogs Gone are the days of one-size-fits-all training programs and static skill sets. The latest employee training trends show todays successful organizations as those that adapt quickly by embracing innovative approaches to upskill their teams. The result?

Buyer Training 52

Buyer Training Purchasing Training Price Mitigation Strategies Negotiating Skills 52

Logility

MAY 22, 2020

The obvious danger of this is that business rules and data governance often don’t exist from department to department or user to user, leaving an overall picture into the health of the business that is foggy because KPIs and metrics do not correlate across the organization. Starting at the Top.

Analytics Software 148

Analytics Software Metrics Supply Chain Design Software Supply Chain Software 148

SCMDOJO

JULY 3, 2023

Whether you’re an aspiring procurement enthusiast or a seasoned professional aiming to advance your career, investing in procurement training and procurement training courses can be a game-changer. The fantastic employment options that procurement training opens up are among the most convincing arguments for doing so.

Purchasing Training 98

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 98

SCMDOJO

JANUARY 9, 2025

By engaging in rigorous supplier selection and negotiation, companies can secure better pricing and ensure higher quality standards. Develop Supplier Collaboration Frameworks , engage key suppliers in strategic discussions, develop joint value-creation initiatives, and establish clear performance metrics to ensure mutual growth.

Optimal Sourcing 96

Optimal Sourcing Manufacturing Procurement Procurement Solutions Negotiating Skills 96

SCMDOJO

APRIL 11, 2025

Running procurement and supply chain without metrics is like driving blindfolded. Control Costs: Track value beyond just the purchase price and manage inventory effectively. Decoding the Metrics: What Are They Telling You? Is the initial negotiation focused too much on price alone?

Pricing Training 57

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 57

SCMDOJO

OCTOBER 30, 2024

Multi-Tiered System of Support (MTSS) platforms have emerged as innovative solutions in education and training, offering customized support that can profoundly enhance the development of future supply chain experts. Preparing the next generation to excel in this dynamic field requires more than traditional education methods.

Supply Chain Planning Software 93

Supply Chain Planning Software Analytics Software Forecasting Software Predictive Analytics Software 93

Supply Chain Shaman

NOVEMBER 3, 2015

Clients buy your software because you make it real. The purchase of Barloworld gives LLamasoft a strong presence in the United Kingdom, and a team on the European continent. I believe the purchase of the optimization software assets is the first step in LLamasoft entering the larger supply chain planning market. I mpact #2.

Supply Chain Design Software 0

Supply Chain Design Software Supply Chain Planning Software Network Design Software Supply Chain Software 0

Logistics Viewpoints

JULY 27, 2021

What’s more, bots don’t require paychecks, benefits, vacations, training or other workforce overhead. A January 2021 DOT report suggests that “only 48% of trucking firms would be able to buy the technology in the decade after it becomes available.” Knowing the details will equip you to either negotiate or hold tight based on facts.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 246

Supply Chain Game Changer

JANUARY 5, 2021

Purchase Price Variance, or PPV, is a common term in the realm of Purchasing/Procurement and Finance. For some, PPV is a mechanical metric only, measured and reported on but without any further attention paid to it. What is Purchase Price Variance (PPV)? What is Purchase Price Variance (PPV)? Email Address.

Pricing Training 82

Pricing Training Purchasing Skills Purchasing Training Negotiating Skills 82

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. The Terra Technology investment is one of what we believe will be a series of purchases to build inter-enterprise cloud-based software platforms to redefine supply chain planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Shaman

JANUARY 9, 2024

The group’s response is, “Are these supply chain metrics?” ” For many stuck in the myriad of functional metrics, like Operational Efficiency (OEE), Purchase Price Variance (PPV), or transportation cost, a focus on growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) is a stretch.

Supply Chain Planning Software 386

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 386

Jaggaer

FEBRUARY 5, 2025

Negotiation & Contract Award – Once a supplier is selected, the process of finalizing the award and drawing up the contract begins. Moreover, the negotiation phase often involves delicate discussions around terms, risk allocation, and contingencies, which are better handled by human intelligence.

Sourcing Strategies 52

Sourcing Strategies Negotiating Skills Optimal Sourcing Price Reduction 52

Supply Chain Shaman

FEBRUARY 1, 2024

This is why I host training twice a year to challenge existing technology paradigms. Optimization engines to improve functional metric performance resulted in an exploding number of planners. days to receive a purchase order confirmation. The average purchased order changes 3.5 Yes, the class is now closed.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

Supply Chain Shaman

MARCH 21, 2024

Training ensued, and the expectation of changing work was shared. Some are focused on project implementation; others are attempting to improve supply chain talent by defining career paths, training, and skill development, while others serve in an audit capacity. Lack of aligned metrics. Lack of executive buy-in.

Inventory Reduction 434

Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies Supply Chain Design Software 434

Supply Chain Shaman

DECEMBER 18, 2014

They were asking for funding; and Bridget, the treasurer, was not buying the message. On my way back to the train, I struggled with what had just happened. The greater the demand latency (time to translate purchase in the channel to receiving an order), the greater the value of demand sensing to reduce demand latency.

Supply and Demand 279

Supply and Demand Forecasting Supply Chain Planning Software Forecasting Software 279

Logistics Bureau

DECEMBER 28, 2024

This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets. Also consider on-site renewable energy generation through solar panels or purchasing renewable energy credits (RECs) to offset facility emissions.

Material Savings 75

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

Logistics Viewpoints

JULY 18, 2022

In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. The company has shown sustained improvement on this metric. Training is also clearly important. The company uses a network design tool from Coupa.

Supply Chain Design Software 305

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 305

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. Sourcing tasks include sending out requests for proposals (RFPs), evaluating supplier bids, selecting vendor partners, negotiating contracts , and then managing supplier relationships.

Negotiating Skills 105

Negotiating Skills Purchasing Skills Optimal Sourcing Sourcing Strategies 105

Jaggaer

FEBRUARY 5, 2025

The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Getting buy in is essential. Make them feel in control.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Manufacturing Procurement Negotiating Skills 52

GlobalTranz

MAY 24, 2016

Reduced Training Costs. Training new hires is the highest cost associated with new employees. The ideal TMS allows you to see where your resources currently are, and forecasting abilities give you the ability to determine what resources are available to train new hires. Contract Negotiation. Rapid Implementation.

Purchasing Training 137

Purchasing Training Negotiating Skills Supply Chain Design Software Forecasting Software 137

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). The company also taught them to understand the basics of negotiation and risk management.

Supply Chain Software 34

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 34

Precoro

MAY 19, 2025

Instead of developing strategies to keep spend management and purchasing compliant, companies end up with multiple instances of maverick spend or unsustainable vendor behavior. Procurement compliance means ensuring all purchasing activities adhere to applicable regulations, laws, internal policies, and external guidelines.

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

RFgen

DECEMBER 5, 2024

Scanned data is instantly relayed to your central ERP system, updating relevant documents, purchase orders, and inventory status across all connected platforms. Comprehensive training is crucial for successful adoption. After training, conduct practical hands-on evaluations to assess proficiency.

Inventory Management Software 97

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

RFgen

NOVEMBER 13, 2024

Key components of mobile inventory management include: Smartphone app: Allows field agents to log information, analyze metrics, and manage tasks even in remote areas with limited connectivity. It puts you in control of your stock, allowing for optimized inventory levels, better demand forecasting, and improved purchase planning.

Inventory Management Software 96

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

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. This selectively procured carrier group is leveraged, along with Zipline Logistics’ proprietary data analytics software, a retail-trained operations staff, and service-first organizational culture, to deliver the absolute best client experience in transportation. About Andrew Lynch. Lost customers.

Cost Reduction Strategies 246

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 246

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). The definition of this metric is similar to the way it sounds. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Logistics Viewpoints

JUNE 1, 2023

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. Returns are indisputably bad for the climate. in 2021 compared to the year before.

Supply Chain Planning Software 277

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

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). The company also taught them to understand the basics of negotiation and risk management.

Supply Chain Software 30

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

ToolsGroup

MAY 21, 2024

Providing Training and Resources : Equip employees with the necessary skills and tools to succeed in a decision-centric environment. This might include training sessions, workshops, and access to advanced decision-making technologies. Their buy-in and support can significantly ease the transition.

Supply Chain Planning Software 156

Supply Chain Planning Software Scenario Planning Supply Chain Planning Resource Reduction 156

Procurement Academy

SEPTEMBER 26, 2024

On the surface, businesses invest in training programs to improve the skillset of their employees and enhance team performance. However, the effectiveness of these training programs relies on a lot of factors, many of which are overlooked. Well-trained professionals will ultimately make better decisions.

Buyer Training 52

Buyer Training Pricing Training Purchasing Training Negotiating Skills 52

Supply Chain Shaman

OCTOBER 6, 2013

It senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time latency to align sell, deliver, make and sourcing functions. When this happens, there is greater balance between metric trade-offs and resiliency in year-over-year improvements in corporate performance.

Supply Chain Network Software 225

Supply Chain Network Software Course Supply and Demand Supply Chain Design Software 225

RFgen

JANUARY 16, 2025

We’re talking real-time tracking, automated purchasing, and a whole lot less stress. Automated Purchase Order Generation: Maintain optimal stock levels by automatically generating purchase orders when supplies run low. It’s not just a nice-to-have; it’s the key to staying competitive.

Inventory Management Software 52

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

GlobalTranz

NOVEMBER 21, 2017

for example, used predictive analytics to make changes in their inventory processes and have since seen an increase in their production and purchase orders. Buy-in from managers and team members will be seamless when it’s coming from the top. Once these metrics are in place, it is easy to gauge the results against past processes.

Analytics Software 173

Analytics Software Procurement Analytics Agile and Lean Supply Chain Modeling Software 173

Supply Chain Shaman

APRIL 17, 2013

The gravy train is coming to an end. They are step change requiring either the redeployment of existing technologies or the purchase of new platforms. While SAP has purchased SmartOps and is marketing a demand sensing/demand translation offering, I have not been able to validate the solution through references. Details matter.

Supply Chain Design Software 258

Supply Chain Design Software Manufacturing Procurement Supply Chain Planning Software Supply and Demand 258