Precoro

JANUARY 29, 2024

As the department overseeing an organization's external expenditure, procurement is responsible for softening the impact of inflation. In this article, we will discuss how a robust procurement management plan can help address and mitigate the effects of inflation. Procurement methodology. Objectives and scope.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 98

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

In fact, IDC predicts that manufacturers across Asia who digitally transform and accelerate sustainable innovation to improve supply chain operations, will increase their revenue by 20 percent in 2025. Technology plays a key role in helping companies manage supply chain risk and underpins processes that improve sustainability.

Supply Chain Planning Software 223

Supply Chain Planning Software Supply Chain Software Modeling Software Forecasting Software 223

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 201

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 201

Logistics Viewpoints

APRIL 1, 2021

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Optimal Sourcing 188

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 188

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 98

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 98

ThroughPut

FEBRUARY 23, 2024

With rapid fluctuations and uncertainty, predicting customer demand is like shooting in the dark. Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. You can identify near-term market shifts with greater precision.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

The Logistics of Logistics

OCTOBER 30, 2023

Richard is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. About Richard Lebovitz Richard Lebovitz is the CEO of LeanDNA , a purpose-built analytics platform for factory inventory optimization. Richard Lebovitz and Joe Lynch discuss leading inventory attack teams. acquired by SAP).

Optimal Sourcing 241

Optimal Sourcing Inventory Reduction Supply Chain Design Software Manufacturing Procurement 241

HICX Solutions

DECEMBER 15, 2022

For this episode of the Supplier Experience Live Podcast, we were joined by David Yarkin , Founder and CEO of Procurated , and a former CPO. David is a procurement practitioner who has spent nearly twenty years working in a number of organizations both in the public and private sectors. And we had predictable results.

Predictive Analytics Software 52

Predictive Analytics Software Modeling Software Demand Planning Software Supply Chain Software 52

QAD

JANUARY 11, 2022

After the last two years, it’s no surprise that some might be hesitant to make predictions about the state of manufacturing, supply chains and digital transformation for the new year. But two of our senior experts wanted to weigh in by sharing their 2022 predictions in VMblog’s 14 th annual predictions series.

Manufacturing Procurement 95

Manufacturing Procurement Predictive Analytics Software Predictive Analytics Supply Chain Software 95

ModusLink Corporation

SEPTEMBER 1, 2023

Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Supply chain optimization software can help companies navigate challenges, streamline operations, and achieve sustainable success. But what does that mean for future strategies in procurement ?

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78

Logistics Viewpoints

AUGUST 25, 2021

The three traditional methods are the use of a transportation management system (TMS), transportation execution system (TES), and managed transportation services (MTS). For each of these options, software and service providers need to set a clear path for success. First are technology risks. Look to the Cloud.

Price Reduction 284

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 284

Enterra Insights

APRIL 6, 2021

The late philosopher Eric Hoffer and the late business guru Peter Drucker shared a common belief about the difficulty of predicting the future. Hoffer wrote, “The only way to predict the future is to have power to shape the future.” Drucker wrote, “The best way to predict the future is to create it.”

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

The Logistics of Logistics

MARCH 28, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Maddox is responsible for engaging with shippers offering tools that empower meaningful logistics relationships through its award-winning Freight Procurement Platform. About Dave Maddox.

Supply Chain Network Software 192

Supply Chain Network Software Logistics Network Optimization Software Freight Predictive Analytics Software 192

Logistics Viewpoints

APRIL 8, 2024

Then in 2019, the newly reorganized Defense Counterintelligence and Security Agency put special emphasis on protecting critical technology. Federal agencies can be secretive about what technologies they are using. Modern supply chain risk solutions are marvelous pieces of technology.

Supply Chain Software 229

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 229

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Three years of pandemic challenges, disruptions, and of technology market opportunities have brought forward implications and of reckoning.

Price Reduction 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52

Proxima

SEPTEMBER 12, 2023

Although email, CRM, meeting software, and other transactional technology have helped shape the way business is being conducted every day today, AI has more disruptive potential and could become a distinctive differentiator for law firms. And what for procurement teams? Firms today are facing profit pressure.

Procurement 59

Procurement Predictive Analytics Software Supply Chain Planning Software Modeling Software 59

ToolsGroup

DECEMBER 10, 2019

Against this backdrop, our 2020 predictions represent insights from across the ToolsGroup community for technology and practices that support greater supply chain resilience. Deriving value from huge volumes of data depends on being able to separate signals (which have predictive value) from ‘noise’. I hope you enjoy the read!

Modeling 156

Modeling Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 156

Supply Chain Opz

JANUARY 22, 2016

Then, executives need supply chain technology to stay ahead of the game. But what technologies we should pay attention to? Onge Company Game changing technologies in the supply run from the immediate, to the near-term, to the futuristic, but there are some clear examples in each. Business environment changes quickly.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Network Software Logistics Network Optimization Software Analytics Software 100

ivalua

AUGUST 29, 2019

Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supply chain risk, unlock innovation, create sustainable cost savings, and help grow revenue.

Optimal Sourcing 154

Optimal Sourcing Negotiating Skills Procurement Analytics Software 154

Claritum

NOVEMBER 23, 2020

Claritum’s top ten 2021 predictions for Procurement. B2B Marketplaces, where you can create your own networked members area within a public platform, will become more prevalent. Use of AI Machine Learning, specifically in data analytics, will move mainstream for Procurement. Read the article at claritum.com.

Predictive Analytics Software 41

Predictive Analytics Software Optimal Sourcing Predictive Analytics Procurement 41

Resilinc

MARCH 26, 2024

In this blog, we explore the different types of predictive AI models for supply chain risk management. In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Instead, the company should be predictive rather than reactive.

Modeling 114

Modeling Supply Chain Risk Management Modeling Software Risk Management 114

Supply Chain Matters

JANUARY 19, 2024

The Ferrari Consulting and Research Group announces the general availability of our newest published Research Advisory – 2024 Predictions for Industry and Global Supply Chains. This comprehensive 38-page report includes the full listing of predictions along with a lot of information, perspectives and added insights.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Strategy Manufacturing Procurement 52

Elementum

FEBRUARY 7, 2024

AI-driven systems improve understanding and management of workflows. Defining Business Process Automation Business Process Automation (BPA) involves the utilization of technology to execute recurring tasks within an organization’s operations. Businesses gain agility and can focus human resources on strategic work.

Sourcing Strategies 78

Sourcing Strategies Supply Chain Software Optimal Sourcing Predictive Analytics Software 78

Logistics Viewpoints

FEBRUARY 26, 2024

The Cooper University Health Care Supply Chain Cooper University Health Care is the leading academic health system in southern New Jersey. The system provides access to primary, specialty, tertiary, and urgent care. Operating a smoothly running supply chain for a system with that number of sites is challenging.

Supply Chain Planning Software 248

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 248

Kodiak Hub

AUGUST 4, 2023

One tool that stands out for managing these relationships effectively is Supplier Relationship Management (SRM) Tools. This blog will delve into why adopting SRM tools can revolutionize your supply chain, backed by reputable external sources. Why Should You Adopt Supplier Relationship Management Tools?

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Optimization Software Predictive Analytics Software 52

Enterra Insights

JULY 22, 2020

Analysts from River Logic write, “The importance of supply chain analytics is demonstrated by predictions that the market will grow at a CAGR of 17.3% Thanks to cognitive technologies and big data, predictive analytics allow decision-makers a peek into the future. Cognitive technologies and predictive analytics.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 100

Logistics Viewpoints

AUGUST 22, 2023

And in the intervening years — as we’ve leveraged real-time data, ML and AI to help countless companies answer the “where’s my truck” question — I’ve continued to underscore that visibility is a foundational technology. Moving data between systems was complex and laborious. In other words, visibility is an enabler. Lesson learned.

Real-time Visibility 185

Real-time Visibility Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 185

ivalua

MARCH 28, 2019

As we move towards a new decade is the emphasis in the procurement world changing – are we going to see a new age, where the Art of Procurement comes to the fore? The huge growth in the use of technology has been the most visible part of that developing picture.

Procurement 167

Procurement Modeling Software Supply Chain Software Predictive Analytics Software 167

Supply Chain Matters

JANUARY 6, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our Annual 2023 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Prediction Background.

Predictive Analytics Software 98

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain 98

Intelligent Audit

JANUARY 11, 2022

Taking stock of logistics trends and predictions is the best way for shippers to start the new year. The state of supply chain tech in 2022, or supply chain technology, will be one for the record books. The traditional strategies and even some minimal e-commerce retailers faced uncertainty and a need for more technology.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Logistics Network Optimization Software Predictive Analytics Software 52

Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. They predict the fast-evolving technology will revamp or replace work now done up and down the corporate ladder in industries ranging from technology to chemicals.”

Negotiating Skills 59

Negotiating Skills Predictive Analytics Software Supply Chain Planning Software Supply Chain Software 59

Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Stay tuned. All rights reserved.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

Supply Chain Matters

JANUARY 10, 2024

Sphera Acquisition of SupplyShift Sphera , a provider of environmental, social and governance (ESG) performance and risk management software and consulting services has announced the acquisition of SupplyShift , a supply chain sustainability software company. ” No financial data was disclosed regarding the acquisition.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Network Design Software Network Optimization Software 52

The Logistics of Logistics

MARCH 28, 2022

and is transforming the $800 billion transportation and logistics industry with its digital freight marketplace platform. Maddox is responsible for engaging with shippers offering tools that empower meaningful logistics relationships through its award-winning Freight Procurement Platform. About Dave Maddox.

Freight 130

Freight Supply Chain Network Software Logistics Network Optimization Software Predictive Analytics Software 130

The Logistics of Logistics

SEPTEMBER 25, 2023

Paul is the Founder and Chief Strategy Officer of Verusen , a supply chain intelligence platform, purpose-built to help manufacturers streamline their MRO supply and materials management. Headquartered in Atlanta, Verusen has been named one of Georgia’s Top 10 Innovative Technology Companies. The Greenscreens.ai

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

Logistics Viewpoints

JUNE 1, 2023

With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek. Now the use of AI/ML is expanding beyond finding insights in data and providing predictions for the future.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

The Logistics & Supply Chain Management Society

JULY 14, 2021

As we know, technology really isn’t what it’s all about. A big part of the problem is that today’s enterprise-centric software was never really designed for business operations across today’s complex business networks. I used to design enterprise resource systems (ERP) systems, and the first ones weren’t very powerful.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Network Software Optimization Software Network Optimization 130