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

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

Logistics Viewpoints

JUNE 23, 2022

E-commerce continues to grow yearly and it’s estimated that it will make up 30% of retail purchasing by 2024. Last-mile delivery accounts for 53% of overall shipping costs. But today, there are more delivery options than ever before, including locker pickups, buy online pick-up in store (BOPIS) and alternate delivery locations.

Logistics Network Optimization Software 290

Logistics Network Optimization Software Supply Chain Network Software Optimization Software Pricing Training 290

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Or contracts and negotiations. Overall, total costs of the value network have increased because companies have not owned their networks.

Pricing Training 262

Pricing Training Supply Chain Design Software Purchasing Training Waste Reduction 262

Logistics Viewpoints

JUNE 3, 2022

Shipping companies added capacity, but now containers are stuck in port. The astronomical price of diesel is making everything more expensive. The astronomical price of diesel is making everything more expensive. During the peak of port congestion in 2021, as many as 30 ships were waiting to enter an Oakland berth.

Logistics Network Optimization Software 284

Logistics Network Optimization Software Oakland Logistics Pricing Training 284

Freightos

JULY 31, 2024

Amidst this boom, some veterans of the AI industry question whether this cycle will be different, especially as some corporate entities report disappointing returns on their initial investments. Again, this takes careful and meticulous training. In logistics, the cost of an error or exception is always where problems start to balloon.

Logistics Network Optimization Software 177

Logistics Network Optimization Software Supply Chain Planning Software Modeling Software Supply Chain Software 177

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 105

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

Enterra Insights

NOVEMBER 20, 2018

The rise of e-commerce and the consumer digital path to purchase has been a nightmare for some retailers from which they can’t awake. Daphne Howland ( @daphnehowland ) reports one new business model that has flourished in this new retail environment is direct-to-consumer (D2C) marketing. ” Model 2.

Pricing Training 100

Pricing Training Purchasing Training Procurement Analytics Modeling 100

Kinaxis

JUNE 19, 2017

Order fulfillment channels are becoming more complex as the possible combinations for purchase and returns explode. Buy online, pickup in store, return via postal service. Buy online, ship direct to consumer, return to brick and mortar store. Buy via mobile, ship to a third party location (like work or a hotel).

Gartner 272

Gartner Supply Chain Design Software Pricing Training Resource Reduction 272

ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Covid-19’s Impact on the Supply Chain Crisis. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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

Bristlecone

JANUARY 8, 2025

AI/ML algorithms analyze data to provide actionable recommendations, such as increasing production capacity, reallocating inventory, reducing prices, or switching suppliers and 3PL service providers. This data layer is then cleaned, indexed, normalized and enriched to provide real-time, end-to-end visibility to functional planners.

Supply Chain Planning Software 98

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

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Do you transport your products to your customers on the other side of the world in a container ship? Well, how much carbon did the ship emit in the course of the move? If you purchased trucks for your shipping fleet, how much carbon was emitted in making those vehicles? Calculating and Reporting Carbon Emissions.

Vendor Strategies 246

Vendor Strategies Purchasing Skills Pricing Training Optimal Sourcing 246

SCMDOJO

JUNE 9, 2025

Automated Document Generation Most modern logistics platforms now generate key documents like bills of lading, shipping labels, and invoices from order data or transportation management systems (TMS). In the procurement phase, documentation begins with purchase orders and supplier contracts.

Supply Chain Planning Software 52

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

Supply Chain Opz

NOVEMBER 9, 2014

In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers. Work with your broker to see if you can get priority on unloading the ship and inland transport.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

QAD

MARCH 5, 2020

If Company A buys Company B as a cost synergy play, what do they need to do? If I have two steel suppliers and I can get to one that can do the job at a lower price, I want to execute that. Companies that had different operational processes in everything from accounts payable to shipping and receiving.

Vendor Strategies 145

Vendor Strategies Cost Reduction Strategies Waste Reduction Price Reduction 145

Precoro

AUGUST 31, 2023

Cost avoidance strategy, however, means removing the expense completely from the budget – for instance, canceling cleaning services altogether. Cost avoidance also refers to avoiding an expense in the future. For instance, they can focus on negotiating better deals with the suppliers.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Logistics Viewpoints

DECEMBER 16, 2022

The legislation would give the Treasury Department’s Federal Financing Bank $20 billion to be invested over the course of 10 years to take action on the recommendations using loan guarantees, issuing securities-backed financing or purchasing debt. As a result, Amazon said Friday that it has a plan to kill the barcode. FedEx Corp.

Logistics Network Optimization Software 261

Logistics Network Optimization Software Costa Rica Logistics Forecasting 261

Unleashed

OCTOBER 12, 2022

Keep reading to learn more about how the costs of ERP break down, what ERP could do for you, and whether there are more cost-effective alternatives. In this ERP pricing guide: Quick recap: What is ERP? Big data analysis and reporting. – Training. How much of a deal you can negotiate. Forecasting.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Pricing Training 98

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

SCMDOJO

JANUARY 19, 2025

The ways to find and buy items online with instant processing had changed the customers’ views on the whole chain. But convenience is not the only trait of a click-to-buy process. Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. in CAGR by 2030.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Expense Reduction Inventory Reduction 52

Jaggaer

APRIL 9, 2025

Reduced inventory: A manufacturing execution system updates inventory records with new production so that purchasing, shipping, and planning departments always know exactly what material is available. This saves manufacturing, transportation, storage, and inventory monitoring costs.

Manufacturing Procurement 52

Manufacturing Procurement Sourcing Strategies Supply Chain Planning Software Modeling Software 52

SCMDOJO

MAY 30, 2024

Supply Chain Department – A Typical Structure Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities The Purpose of the Logistics Department Structure A well-structured logistics department is essential for any organization that deals with product movement and delivery.

Optimal Sourcing 98

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 98

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail. It enables companies to understand their suppliers.

Inventory Reduction 117

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 117

Enterra Insights

JANUARY 30, 2019

Omnichannel operations have become a business imperative because consumers are increasingly using the digital path to purchase. individuals over the age of 15 at some point use e-commerce platforms to make purchases, asserts Business Insider. What are all the possible ways a consumer might want to buy from you? ” Pricing.

Omnichannel 100

Omnichannel Price Reduction Supply Chain Design Software Inventory Reduction 100

Kinaxis

JULY 19, 2017

HP has a printer that can order ink and have it shipped directly to your door automatically. Tally performs the repetitive and laborious tasks of auditing shelves for out-of-stock items, low stock items, misplaced items and pricing errors. Create sticky purchasing behavior with customers by offering robust delivery services.

Supply Chain Design Software 279

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 279

ShipBob

DECEMBER 28, 2022

Strategic sourcing is a unique purchasing method that aligns your sourcing strategy with your business goals. Rather than making a purchasing decision off of the initial cost, strategic product sourcing allows you to refine your sourcing process by conducting ongoing market analysis and forming strong relationships with suppliers. .

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Precoro

JUNE 17, 2024

A supply chain is a logistical system consisting of the buying company and its partners, such as suppliers, delivery agents, and distributors, that encompasses the process of turning raw materials or goods into the final product and distributing them to customers. Negotiate long-term contracts. Hedge against currency fluctuations.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 105

AFFLINK

MARCH 10, 2016

Compliance with national and international regulations affects everything from employee training to transportation decisions. When UPS conducted their survey in 2014 , 60% of respondents listed regulatory compliance as a top concern, and 78% reported that it was a “top trend driving business and supply chain changes.” Cost Management.

Pricing Training 74

Pricing Training Supply Chain Software Procurement Solutions Negotiating Skills 74

RFgen

APRIL 12, 2024

Therefore, the goal is to optimize cost to optimize profits and catalyze growth. To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Next is the cost of storing the inventory.

Inventory Reduction 98

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 98

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Enterra Insights

OCTOBER 20, 2020

During the coronavirus pandemic, consumers have increasingly used the digital path to purchase to buy products. Provides greater data accuracy for operational execution, analytics, and reporting. Supply Chain Analytics provides data-based intelligence by reducing overall maintenance costs and increasing service levels.”[3]

Logistics Network Optimization Software 100

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

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

JDA software

JANUARY 8, 2019

Everything is changing – from pricing and planning the just right product assortments to forecasting demand and creating an unforgettable in-store experience. So, take five, grab a cup of coffee and read on for my predictions of what the end of a decade in retail has in store. Price optimization is a must with growing competition.

Supply Chain Planning Software 86

Supply Chain Planning Software Demand Planning Software Predictive Analytics Software Supply Chain Network Software 86

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements. Anticipate and react to market volatility and price changes. Segment your suppliers. Raise Team expertise.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

Talking Logistics

JUNE 29, 2018

I’ve started to ramp up my training for our Logistics Leaders for Type 1 Diabetes Cure team ride in support of JDRF, which will be in Santa Fe, New Mexico on November 3, 2018. The purchase price was $25.5 Nothing gets my heart pumping like cycling to help find a cure for Type 1 Diabetes. million in cash.

Logistics Network Optimization Software 24

Logistics Network Optimization Software Negotiating Skills Pricing Training Purchasing Training 24