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 Cost Reduction Strategies Sourcing Strategies Expense Reduction 105

Precoro

NOVEMBER 11, 2024

For most CPOs and CFOs, deciding on the right purchasing setup — centralized or decentralized — is no small task. Each model has its perks, and choosing the best fit can feel like walking a tightrope. Keep reading to learn: What is centralized purchasing? What is centralized purchasing?

Pricing Training 105

Pricing Training Expense Reduction Price Reduction Purchasing Training 105

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience? The reason?

Supply Chain Design Software 395

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 395

ivalua

MAY 30, 2023

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

Manufacturing Procurement 49

Manufacturing Procurement Procurement Solutions Resource Reduction Procurement Analytics 49

Supply Chain Shaman

DECEMBER 30, 2021

I seethed as the news stations celebrated supply chain success for the December holidays. The health of the supply chain underpins our economy. When the supply chain is sick, all industries suffer. The dramatic increase in cost is a major factor in inflation: driving the 11.5% I am worried.

Supply Chain Design Software 467

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 467

SCMDOJO

MAY 23, 2025

In an age where supply chains face persistent disruptionsfrom pandemics and trade wars to cyberattacks and climate volatilityresilience is no longer optional. This shift has pushed supply chain leadership to pivot from reactive management to proactive strategy built on data.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Procurement Analytics Analytics Software Supply Chain Planning Software 59

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

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Why tell this story?

Inventory Reduction 329

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 329

Supply Chain Shaman

SEPTEMBER 13, 2023

She wrote, “I have been working in the supply chain for 35 years, and we are still trying to solve the “demand” issue. Solving from a supply side seems to work for many companies I work with. I know that your primary focus is procurement. Or planned orders to purchase orders?) I don’t know.

Supply and Demand 431

Supply and Demand Supply Chain Planning Software Modeling Demand Planning 431

ivalua

JANUARY 31, 2023

Ivalua’s new Environmental Impact Center empowers Procurement and Supply Chain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.

Procurement Solutions 246

Procurement Solutions Supply Chain Planning Software Procurement Analytics Optimal Sourcing 246

Precoro

OCTOBER 24, 2022

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Analytics Software Optimal Sourcing 98

Logistics Viewpoints

APRIL 25, 2022

In January 2023, the Germany Supply Chain Due Diligence Act will come into effect, requiring businesses to monitor supply chains for human rights violations and compliance with environmental standards. Abigail Myers-Antiaye – the principal product compliance manager at Coupa. This is not toothless legislation.

Supply Chain Software 274

Supply Chain Software Supply Chain Strategy Procurement Solutions Supply Chain 274

Supply Chain Game Changer

JUNE 10, 2025

This process involves tracking, managing, and optimizing hardware, software, and network components from procurement to disposal. By keeping tabs on each asset, organizations can improve efficiency, reduce costs, ensure compliance, and mitigate risks. ensuring patient data is secure and medical devices function optimally.

Asset Management 84

Asset Management Optimal Sourcing Optimization Software Procurement Solutions 84

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Jaggaer

APRIL 24, 2025

I recently hosted a webinar in which our star speaker was Lora Cecere, Founder at Supply Chain Insight. Supply chain management typically does not fit very well with procurement, which is a challenge at the best of times, and can be a disaster in difficult times. As late as the 1990s, supply chains were very local.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Demand Planning Software 52

Precoro

JULY 29, 2024

In today’s digitalized world, more and more companies are moving away from paper and spreadsheet-based processes in favor of more accurate, simple, and efficient automation. Procurement operations are no exception. However, with numerous e-procurement software vendors available, choosing the right tool can be overwhelming.

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning.

Optimal Sourcing 176

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 176

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The global supply chain industry has by default, a large environmental impact, through its carbon footprint. We are committed to preparing the supply chains of the future. The Group’s sustainability policy is based on three pillars: Acting for People, Acting for Planet and Acting for Responsible Trade.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

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

Logistics Viewpoints

OCTOBER 31, 2022

I interviewed John Sobeck, Vice President Material Management Services and Supply Chain 4.0 at the ZF Group, about their digital supply chain transformation journey. This technology company is headquartered in Friedrichshafen, Germany. The ZF supply chain is complex. ZF’s Digital Supply Chain.

Agile and Lean Supply Chain 261

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 261

Kinaxis

MAY 16, 2025

The conversion is remarkable, especially when you consider that store shelves are just one indicator of the tremendous shifts rippling through the supply chain. Shoppers coping with inflation have shifted buying habits , purchasing fewer goods and cutting back on big name brands in favor of cheaper alternatives.

Beverage 144

Beverage Price Reduction Canada Cost Reduction Strategies 144

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. Increased visibility – a cloud platform provides real-time visibility into critical supply chain data, such as inventory levels, which can help you make informed decisions.

Supply Chain Planning Software 194

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

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. Here are my top take-aways from Coupa Inspire.

Supply Chain Design Software 273

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 273

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

Supply Chain Matters

FEBRUARY 3, 2025

Oracle has announced new role-based agents that are being embedded into the Oracle Fusion Cloud SCM and Manufacturing software applications suite. Margin and risk resilience Procurement policy advisor : Helps procurement professionals increase the speed and accuracy of creating, processing, and fulfilling purchase requisitions.

Supply Chain Planning Software 52

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

The Logistics & Supply Chain Management Society

JULY 20, 2020

Whilst the COVID-19 pandemic spreads across the world, it is vital for organisations to ensure a reliable supply of products and services. Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. Leadership in Supply Chain. fashion, automotive, spare parts, airlines).

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

The Logistics & Supply Chain Management Society

JULY 23, 2020

Reimagine Supply Chain of the future: There are many facets to imagining Supply Chain of Future. What are the learnings from Covid disaster that leaders will incorporate into future supply chains? Which emerging technologies will have the most impact? . — Jeff Bezos, CEO, Amazon.

Agile and Lean Supply Chain 258

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 258

GlobalTranz

AUGUST 7, 2018

Managing supply chain SLAs have the added complication of geographic and cultural barriers. In response, supply chains have relied on a series on defined terms for use in international SLAs, Incoterms. In response, supply chains have relied on a series on defined terms for use in international SLAs, Incoterms.

Manufacturing Procurement 224

Manufacturing Procurement Supply Chain Software Purchasing Skills Buyer Training 224

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

Precoro

FEBRUARY 26, 2025

They integrate finance, HR, sales, and supply chain management into one complex platform. Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

ivalua

JANUARY 27, 2021

During these tumultuous times, achieving AP automation superhero status may seem an impossible task, as you continue to battle disrupted supply chains, high costs and general chaos. Poor matching rates: Non-PO matching issues introduce costs, yet AP automation often focuses only on digitizing processes or PO compliance.

Supply Chain Software 26

Supply Chain Software Purchasing Skills Supply Chain Design Software Analytics Software 26

Jaggaer

APRIL 16, 2025

How Intake and Orchestration AI Are Reshaping Procurement If youve been paying attention to technology developments in procurement, youve probably come across the term Intake & Orchestration. These could be service requests, inquiries, demand planning, or purchase needs. So, whats it all about?

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Modeling Software 52

Supply Chain Shaman

FEBRUARY 27, 2020

Here, I postulate that the supply chain dragon is data. Supply chain leaders are drowning in data and low in insights. How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. The focus is on growth, but supply chains are not fit for purpose.

Analytics Software 269

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 269

Exiger Perspectives

JANUARY 7, 2025

Table of Contents Introduction You can have the best technology in the world, but it means nothing if you dont have the proper stakeholders. This is a lesson weve learned at Exiger after helping many of the Fortune 500 and government agencies around the world to map, manage, and orchestrate their complex, global supply chains.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Predictive Analytics Software 52

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

AFFLINK

JUNE 10, 2025

For AFFLINK's partners and affiliates navigating complex procurement environments, ESG integration reshapes how supply chains are built, evaluated, and optimized. Why ESG Matters to Supply Chain Management Modern supply chain strategies extend beyond efficiency and cost containment.

Optimal Sourcing 48

Optimal Sourcing Supply Chain Design Software Waste Reduction Vendor Strategies 48