Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Batch manufacturing is more controlled and optimized, improving inventory turns and production scheduling efficiency.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supply chain design solution. The supply chain design solution, for example, continues to grow in depth and usability.

Supply Chain Design Software 201

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 201

Supply Chain Shaman

FEBRUARY 1, 2024

His comments are the same–he feels that I identify problems but do not adequately define the solutions. He feels that based on his years of experience with a software provider, he has a whizzbang technology. The approaches add waste and increase risk when companies think that they are investing in solutions to do the opposite.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

AIMMS

NOVEMBER 12, 2019

Supply chain software is changing. So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Are there limits to the number of models?” “Can

Procurement Solutions 252

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 252

QAD

MAY 23, 2023

ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Precoro

FEBRUARY 11, 2022

When it comes to business development, one wants to focus on the major strategic goals and optimize processes across all departments. Efficient purchase order management helps to have essential business needs covered while engaging as few resources as possible. What is Purchase Order Management, and why is it Important.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Optimal Sourcing Vendor Strategies 52

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Supply Chain Shaman

NOVEMBER 21, 2022

” As I dipped my spoon into some scrumptious chestnut soup at a great restaurant, my companion asked, “With the advancements in optimization and self-learning, aren’t we close to having self-driving supply chains?” I started with, “How can I help you?” “ Reflection. The facts are clear.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Modeling 288

Synovos

FEBRUARY 21, 2023

Importance of Supplier Relationships in Indirect Procurement Challenging times call for closer relationships between organizations and their MRO suppliers Strong and successful indirect procurement strategies depend on strong and successful supplier relationships. Indirect procurement can be somewhat hidden, though.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Material Handling & Logistics

OCTOBER 30, 2018

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

Optimal Sourcing 110

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 110

Supply Chain Shaman

NOVEMBER 11, 2020

Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Likewise, data scientists are long on the understanding of software approaches but short on understanding the business. Kinaxis Purchase of Rubikloud. They are just too risky. Talent Demand.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

My Office Apps

JANUARY 16, 2024

In this ultimate guide, we’ll show you how to elevate your business operations, from procurement and logistics to manufacturing and more, ensuring a path to operational excellence and strategic success. Cost-Efficiency: Operates on a subscription model, reducing upfront costs and handling maintenance, updates, and security.

Optimal Sourcing 86

Optimal Sourcing Eliminating Excel in Purchasing Manufacturing Procurement Procurement Analytics 86

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

AIMMS

OCTOBER 17, 2023

Re-evaluate supplier contracts and relationships Consolidated Procurement: Bulk purchasing often leads to better rates. Load Optimization: Ensure containers are filled to reduce trips. Check out how AIMMS helps you to model and optimize your CO2 impact.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

NC State SCRC

NOVEMBER 29, 2023

During her 24 years at Honda of America, she helped implement many of the supply chain best practices that have now become renowned, including cost modeling, supplier development, supplier quality assurance, lean manufacturing, and many others, which evolved under the original North America leadership of Dave Nelson. another industry leader.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Supply Chain Shaman

SEPTEMBER 13, 2023

I know that your primary focus is procurement. The distribution models were never tested when implemented. As a result, after four years of the initial go-live, the team blindly used planning models, distorting the plan. Or planned orders to purchase orders?) I encourage all to backcast to test and improve their models.

Supply and Demand 370

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 370

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Taulia

APRIL 5, 2023

A more efficient supply chain reduces the cost of procurement, manufacturing, transportation, and other business operations, resulting in higher margins. This is the fundamental process through which they decide which supply chain model is right for them. Fast chain Speed and agility are prioritized in the fast chain model.

Modeling 52

Modeling Material Savings Modeling Software Optimization Modeling 52

AIMMS

NOVEMBER 12, 2019

Supply chain software is changing. So should the purchasing process. . RFIs tend to work well for certain industries (like government) or for purchasing equipment and industrial assets, bu t t hey often fall short in helping supply chain teams select a new software vendor. Are there limits to the number of models?” “Can

Procurement Solutions 156

Procurement Solutions Supply Chain Planning Software Modeling Software Supply Chain Software 156

Elementum

FEBRUARY 7, 2024

Gone are the days of tedious, manual processes; today, AI-powered solutions are streamlining operations, enabling businesses to focus their human resources on strategic initiatives rather than routine tasks. These tasks range from simple data entry activities to more intricate operations like managing the supply chain.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Supply Chain Matters

JANUARY 11, 2023

In July of 2022, Supply Chain Matters provided our readers added perspectives and highlights regarding supply chain planning technology provider Logility’s acquisition of supply chain network design technology start-up Starboard Solutions. Evolution of Supply Chain Network Design Technology. Added Importance.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Supply chain procurement strategies had long been favoring Just in Time procurement. So, should merchants change their supply chain procurement strategies as they head into 2022? Big Picture Thinking.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Silvon Software

SEPTEMBER 26, 2023

Fortunately, modern analytic tools like Silvon’s Stratum solution offer pre-defined metrics and data visualization capabilities to simplify the process of creating and sharing KPI dashboards and reports to management and departmental teams throughout the business.

Procurement Analytics 94

Procurement Analytics Optimal Sourcing Manufacturing Procurement Inventory Reduction 94

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. But implementing new software does not digitally transform anything if the people that are supposed to use that software cannot do so effectively.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 254

Logistics Viewpoints

NOVEMBER 28, 2022

OMP provides supply chain planning (SCP) solutions. A company can plan for this variability in a variety of ways – sourcing from multiple vendors for a given part , or network design to create a network with more decoupling points (more paths for a product to flow to market), or purchasing just-in-case capacity. Very simple situation.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 192

Supply Chain Shaman

JUNE 23, 2020

” Or, “If you need an answer, implement my solution.” Let’s celebrate that over the last two years, there were four significant acquisitions by traditional supply chain planning providers to deepen analytics capabilities: 07/2018 JDA purchases Blue Yonder (Purchase price confidential.).

Supply Chain Design Software 283

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 283

ivalua

APRIL 11, 2022

Canadian-based TELUS implements Ivalua’s EPS solution to digitize the entire end-user buying process. This exciting project provides TELUS’ employees with the ability to purchase everything they need to support their business through an easy-to-use and optimized procurement experience, ” said Dan Amzallag, COO of Ivalua.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Canada Purchasing Skills 130

Precoro

MARCH 11, 2024

However, certain healthcare delivery models don’t always prioritize these vital aspects, especially considering the ever-increasing costs of healthcare services. Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP).

Procurement Analytics 105

Procurement Analytics Procurement Solutions Purchasing Training Purchasing Skills 105

Arena Solutions

MAY 22, 2023

From engineering, quality, and procurement to suppliers and contract manufacturers—everyone must work off the same design to ensure that the right parts get sourced, the proper assembly lines and tooling are in place, and the product meets customer expectations. There are many players involved in the product development process.

Supply Chain Design Software 78

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Modeling Software 78

Logility

JULY 4, 2018

Procurement and manufacturing plans need to be created and executed based on these forecasts. The optimal positioning of products in the supply chain needs to be carefully planned to meet projected needs in each market and to quickly respond to unplanned demand and shortages as they occur.

Optimal Sourcing 102

Optimal Sourcing Modeling Supply Chain Planning Software Supply Chain Optimization 102

Logility

JULY 3, 2018

Procurement and manufacturing plans need to be created and executed based on these forecasts. The optimal positioning of products in the supply chain needs to be carefully planned to meet projected needs in each market and to quickly respond to unplanned demand and shortages as they occur.

Optimal Sourcing 100

Optimal Sourcing Modeling Supply Chain Planning Software Supply Chain Optimization 100

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

A digital workforce weaves together disconnected automation tools – Robotic Process Automation (RPA), AI, and machine learning – to think, act and analyse the way a human worker would, and work alongside humans. Procurement. Purchase Order Management. Inventory Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Logistics Viewpoints

DECEMBER 14, 2021

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. Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Supply Chain Matters

JULY 5, 2022

Supply chain technology industry analyst and Supply Chain Matters Founder Bob Ferrari provides added perspectives and highlights to last week’s announced acquisition of Starboard Solutions by Logility. The Logility team apparently shared in that perception and initiated conversations with Starboard.

Procurement Solutions 52

Procurement Solutions Network Design Software Supply Chain Design Software Modeling 52

SCMDOJO

JUNE 6, 2023

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. How does data analytics help supply chain optimization? Both of which are crucial components for an optimized supply chain. Why is it crucial?

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72