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What’s the difference between purchasing and procurement?

Unleashed

Procurement and purchasing are often used interchangeably to describe the role of procurement. What is procurement? Procurement is the process of purchasing a service or a good, usually on a large scale and for commercial purposes. What are the steps in the procurement process?

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Self-Checkout Turns Customers into Employees and Employees into Security Guards

Enterra Insights

The checkout kiosks bleat and flash when you fail to set a purchase down in the right spot. Target, for instance, is restricting the number of items self-checkout customers can purchase at one time. The post Self-Checkout Turns Customers into Employees and Employees into Security Guards first appeared on Enterra Solutions.

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American Software Reports Second Quarter of Fiscal Year 2022 Results

Logility

ATLANTA (November 18, 2021) American Software, Inc. million for the same period last year and software license revenues were up slightly to $0.8 million for the same period last year, while Software license revenues were $1.3 NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022.

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The Backorder, April 10 2024

Unleashed

When shoppers to spend more on each purchase it has a desirable effect on your profits. Consult with your business advisor for tips on solutions that will work best for you. Use customer loyalty programs, cross-selling and upselling strategies, and special offers to encourage repeat purchases.

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New data: NZ manufacturers back at pre-Covid level + Aus booms

Unleashed

The latest data shows New Zealand’s manufacturers appearing to shrug off the ‘80% economy’, reaching pre-Covid levels of activity at the end of June. In this Recovery Report: New Zealand recovery. NZ purchasing rebounds. Data has been aggregated by country and does not reflect individual company performance.

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The Backorder, March 20 2024

Unleashed

Software is cheaper than staff – so give employees the tools they need to add maximum value and efficiency. Avoid having too much capital tied up in inventory; use stock optimisation software to set optimal min and max levels based on historical data and sales trends. Get ruthless about technology. Lease big ticket items.

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The Cash Flow and Overstock Report: Potential USD$142,000 windfall from tighter stock control

Unleashed

New research suggests that manufacturers will be able to significantly improve cash flow as they recover from the inventory crisis of 2022. Last year, data from 4,500 manufacturers using Unleashed inventory management software revealed firms were typically spending twice as much on stock as they were before the pandemic.