Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

RFgen

DECEMBER 19, 2024

Data-Driven Decision Making : Using analytics to continuously refine operations. Key Benefits and Business Impact Warehouse optimization offers significant advantages across multiple areas: Cost Reduction: Expect a decrease in operational expenses, lower labor costs, and reduced energy consumption.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Supply Chain Shaman

MARCH 12, 2019

The IT taxonomy for visibility is supply chain analytics. As you implement supply chain analytics and use control theory with well-defined reference data with clear bands for control, process improvement ensues. The team was seeking analytics to monitor process compliance. Visibility Maturity Model.

Prescriptive Analytics Software 220

Prescriptive Analytics Software Manufacturing Procurement Procurement Analytics Analytics Software 220

GlobalTranz

SEPTEMBER 13, 2018

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. International trade and customs issues reports Toby Gooley of DC Velocity. Minimize product packaging costs and add-ons.

Price Reduction 209

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 209

Demand Solutions

JUNE 14, 2017

Order supplies closer to when you’ll actually need them, and you’ll keep inventory costs lower—but you’ll run the risk of having your production grind to a halt because of a simple shipping delay. You’ve probably consolidated much of your purchasing with the suppliers who give you the best deals.

Predictive Analytics Software 176

Predictive Analytics Software Predictive Analytics Forecasting Software Analytics Software 176

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. Due to the workforce layoffs, consumers have less disposable income.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 272

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 280

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 280

GlobalTranz

AUGUST 7, 2015

However, as the importance of big data analytics is realized companies are beginning to realize that it is not only worth the investment but vital toward remaining competitive. There are several direct and indirect benefits to using big data analytics for your supply chain. Immediate Benefits of Big Data Analytics.

Big Data 120

Big Data Analytics Software Predictive Analytics Procurement Analytics 120

Logistics Viewpoints

AUGUST 23, 2021

SCCN solutions provide supply chain visibility and analytics across an extended supply chain. The most common message types exchanged are Source – particularly purchase order (PO) and purchase order confirmation messages – and Deliver – messages surrounding when goods are likely to arrive. These are often EDI messages.

Optimal Sourcing 293

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 293

GlobalTranz

MAY 2, 2017

Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. Nothing is more frustrating than ordering an item only to discover that it will not ship for weeks afterward. Cloud-Based Inventory Management Systems Give Customers Access to Your Company’s Whole Stock.

Inventory Management Software 136

Inventory Management Software Inventory Management Inventory Reduction Procurement Analytics 136

SCMDOJO

APRIL 11, 2025

You know where an order originated, its order status of fill, ship dates, and customers’ comments, all from a single dashboard. Enhance Inventory Management A combined CRM-Shopify platform provides past sales data, allowing procurement teams to make informed purchasing decisions. Check out this course by Vera Rozanova!

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Forecasting Software Inventory Management Software 84

GlobalTranz

JUNE 30, 2017

In addition, customers are continuing to demand lower prices and free shipping. But, our predictions’ post noted how manufacturers are having trouble with transforming customer input into responsiveness and enhancements to the customer experience. Lengthen the Buying Cycle Through Interaction. Take Extra Care of B2B Partners.

Manufacturing Procurement 275

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 275

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. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members.

Inventory Management Software 96

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

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

SCMDOJO

DECEMBER 5, 2024

Various strategic steps and procurement procedures are incurred to make informed decisions about inventory production. The 7 Stages of the Inventory Life Cycle Procurement Acquiring necessary goods and materials before starting a business is essential. Excess or out-of-stock stock can be very harmful, as per the demand.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory Management 98

Logistics Bureau

DECEMBER 28, 2024

For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. 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.

Material Savings 75

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

Jaggaer

APRIL 24, 2025

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. It is now a matter of planning the procurement system and the supply management system outside-in and then look at the true demand to minimize the latency.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Demand Planning Software 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%. Procurement. Procurement can also have RPA do dynamic searches of websites to source or conduct market research for future buys and tenders. Purchase Order Management.

Supply Chain Software 246

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

Logistics Bureau

JANUARY 20, 2025

It’s about having automated systems that learn from every transaction, predict potential issues before they become problems, and keep your operations running smoothly even when challenges arise. When stock reaches a certain threshold the system automatically triggers purchase orders to suppliers.

Supply Chain Software 75

Supply Chain Software Supply Chain Design Software Australia Inventory Reduction 75

GlobalTranz

APRIL 3, 2018

Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase. Supporting an efficient digital path to purchase requires comprehensive digital collaboration.

Supply and Demand 267

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 267

The Logistics & Supply Chain Management Society

MARCH 22, 2022

By integrating transaction information across all parties, the solution enables real time visibility of the entire logistics lifecycle from purchase order to shipment order, shipment execution, track and trace, and to financial settlement. Have a System of Record for Tracking Compliance and Identifying/Reporting Violations.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Silvon Software

APRIL 1, 2024

Requests for custom reports or dashboards by business leaders are met with lengthy development times by IT or external analysts, resulting in single-use reports that are limited in scope. Strategic analytics, on the other hand, is often associated with reporting from an analytical data source like a data hub.

Procurement Analytics 59

Procurement Analytics Analytics Software Predictive Analytics Analytics 59

Bristlecone

JANUARY 8, 2025

Use cases Following are global case studies illustrating the benefits of no-touch planning: Global FMCG company automated 80% of its order-to-ship process and reduced the end-to-end processing time by 45%. The business carried too much inventory about $6 B, which led to much waste through product obsolescence.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 98

ThroughPut

JUNE 12, 2025

As operations, maintenance, and supply chain leaders navigate a landscape shaped by rising asset complexity, volatile supply chains, and tight capital budgets, the pressure to optimize every part, every process, and every purchase has never been greater. Yet for many organizations, spare parts inventory remains a critical blind spot.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Predictive Analytics Software Forecasting Software 52

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.

Logistics Network Optimization Software 260

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 260

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

SCMDOJO

JUNE 6, 2023

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process. Why is it crucial? Download from the below link.

Optimal Sourcing 72

Optimal Sourcing Modeling Supply Chain Optimization Analytics Software 72

Kinaxis

SEPTEMBER 13, 2017

Orders come in any time, without a predictable cadence. Walmart brings extreme fulfillment expertise to the table, and Google has the technologies for language processing, artificial intelligence (AI) and analytics. The reasonable forecast and predictability of consumer shopping habits is not straightforward any longer.

Supply Chain Planning Software 244

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 244

Exiger Perspectives

JANUARY 7, 2025

Without proper stakeholder alignment, it becomes challenging to predict and maintain real-time data. Compliance and Risk Management A robust risk and compliance management solution is a necessity for delivering rich insights that empower you to predict and take proactive measures against disruptions.

Supply Chain Planning Software 52

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

ThroughPut

FEBRUARY 18, 2025

The Hidden Cost of Lost Uptime According to a Siemens report , in 2022 alone, unplanned downtime cost Fortune Global 500 companies $1.5 Lost Sales: A Preventable Loss of Potential Revenue Harvard Business Review reports that stockouts cost retailers $1 trillion yearly, with most purchases abandoned when items are unavailable.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Waste Reduction Cost Reduction Strategies 52

Logility

APRIL 9, 2020

ERP systems do a great job managing transactional data but do not have the capabilities to provide an early warning to a disruption or analyze the situation through advanced analytics like simulations and what-if scenarios. Change purchasing and manufacturing plans days or weeks sooner. Divert inventory on the fly.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Design Software Supply Chain Disruption Agile and Lean Supply Chain 191

AFFLINK

JUNE 11, 2025

While this new landscape means easier and faster product ordering for consumers, it puts traditional supply chains under unprecedented pressure to adapt their direct-to-consumer fulfillment, inventory management, and procurement strategies. However, many organizations struggle to balance efficiency with cost.

Modeling 48

Modeling Supply Chain Planning Software Optimal Sourcing Demand Planning Software 48

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Predicting Trends. … In the U.S., ”[2].

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

Material Handling & Logistics

JANUARY 10, 2018

While predicting the future is never an easy task, in order to be competitive all businesses need to be able to accurately anticipate what trends will affect them in the coming year. According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

Demand Solutions

JUNE 14, 2017

Order supplies closer to when you’ll actually need them, and you’ll keep inventory costs lower—but you’ll run the risk of having your production grind to a halt because of a simple shipping delay. You’ve probably consolidated much of your purchasing with the suppliers who give you the best deals.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Forecasting Software Analytics Software 100

ShipBob

OCTOBER 24, 2022

Demand forecasting is the process of using predictive analysis of historical data to estimate and predict customers’ future demand for a product or service. Demand forecasting allows businesses to optimize inventory by predicting future sales. Our B2C and B2B order volume changes month to month. Ryan Casas, COO of iloveplum.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

SCMDOJO

APRIL 11, 2025

Shipping networks may experience delays and disruptions, potentially exacerbated by cost-cutting measures within the logistics sector. During the 2008 recession, Walmart strengthened its supply chain by investing in predictive analytics and real-time demand forecasting.

Supply Chain Planning Software 69

Supply Chain Planning Software Inventory Reduction Supply Chain Design Software Waste Reduction 69