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

Precoro

SEPTEMBER 2, 2022

For some businesses – usually smaller or with a single-source purchasing flow – it may be sustainable to react to the immediate needs. However, growing organizations that face increasing complexity recognize the value of thoughtfully-planned and managed procurement. Office supplies would be an example of indirect procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 98

ThroughPut

OCTOBER 18, 2024

ThroughPut AI: Best for supply chain analytics and decision intelligence WATCH ON-DEMAND THROUGHPUT AI DEMO With Artificial Intelligence (AI) and Machine Learning (ML), a very powerful force comes into play in your supply chain decision-making processes with ThroughPut AI.

Supply Chain Planning Software 52

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

Logistics Bureau

DECEMBER 6, 2024

Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery. Essentially, gamification is just an expansion of the use of metrics and KPIs to measure human performance. But is gamification really a responsible approach to improving supply chain performance?

Warehousing 73

Warehousing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 73

Logistics Bureau

NOVEMBER 3, 2024

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management.

Inventory Reduction 74

Inventory Reduction Cost Reduction Strategies Vendor Strategies Supply Chain Design Software 74

The Logistics & Supply Chain Management Society

JULY 20, 2020

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. Efficiency and cost management.

Agile and Lean Supply Chain 230

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

Jaggaer

APRIL 9, 2025

As a leading vendor of procurement technology and solutions to manufacturing companies around the world, JAGGAER is witness to these changes as they happen, and even before they happen. Next came AI assistance, whereby AI supported humans with advanced AI applications on top of industrial IoT analytics.

Material Savings 52

Material Savings Inventory Reduction Manufacturing Procurement Waste Reduction 52

SCMDOJO

MAY 30, 2024

From the warehouse manager to the transportation coordinator, each role in the logistics department contributes to the smooth flow of deliveries. By establishing clear communication channels and reporting, information can be shared promptly, preventing delays and misunderstandings.

Optimal Sourcing 98

Optimal Sourcing Logistics Network Optimization Software Pricing Training Inventory Reduction 98

NC State SCRC

APRIL 30, 2025

By applying technologies like Generative AI, organizations will be able to drive efficiencies in the way we work that will create trillions of dollars in economic value, by reducing working capital, increasing agility, and reducing waste, while making better decisions based on data and analytics, not on gut feel.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Demand Planning Software Analytics Software 52

QAD

OCTOBER 5, 2021

For QAD Adaptive ERP and QAD Adaptive Applications, the latest enhancements putting manufacturers on the path to becoming Adaptive Manufacturing Enterprises include: Effective Enterprise Management. Complete Customer Management. Integrated Supplier Management.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98

QAD

JULY 21, 2022

Common results of the bullwhip effect are excess inventory and associated cost increases, lost revenue, unnecessary capacity and a less-than-optimal customer experience. Price fluctuations and discounts resulting in increased purchases. Integrated Supplier Management. Causes of the Bullwhip Effect.

Price Reduction 98

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 98

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Multi-warehousing efficiencies. Inventory analytics goes mainstream. Warehouse automation. Accurately plotting costs based on live data. The benefits of multiple warehouses.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Supply Chain Digest

JUNE 19, 2025

49% That was the ownership share of product returns specialist Inmar Post-Purchase Solutions (IPPS), a joint venture between Doddle—a part of Blue Yonder—and Inmar, Inc. prediction made in March. That according to the company’s 2025 Corporate Responsibility Report, released this week.

Supply Chain Planning Software 41

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Vendor Strategies 41

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Six Sigma Optimal Sourcing Supply Chain Planning Software 100

Logistics Bureau

SEPTEMBER 28, 2020

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. Because they are focused on ironing out weaknesses in the supply chain, a 4PL partner can help minimise costs by finding the best solutions for the lowest price.

Logistics Network Optimization Software 98

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

Precoro

JANUARY 16, 2023

Spend management is a set of practices for controlling how a business spends money. Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. They usually don't apply directly to production.

Procurement Solutions 98

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 98

Unleashed

SEPTEMBER 2, 2024

Purchase order (PO) systems are software tools that help you manage the end-to-end purchase order process. They streamline procurement workflows by automating key tasks such as purchase order creation, approval, distribution, and tracking. What is a purchase order system? How do purchase order systems work?

Procurement Solutions 52

Procurement Solutions Inventory Management Software Procurement Analytics Supply Chain Planning Software 52

Unleashed

JANUARY 16, 2023

There are supply chain management, shipping documentation, and accounting duties to worry about. Cut storage costs. Warehousing costs are rising. 3PL warehouses, however, often have higher order values through their retail partners which justifies the price. The items are delivered to a 3PL warehouse.

Third Party Logistics 98

Third Party Logistics Logistics Network Optimization Software 3PL Inventory Management Software 98

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Claritum

JULY 31, 2018

Claritum Article - Procurement Blog. This article focuses on effective supplier management. The five pillars of effective supplier management covered in this article are: Supplier Information Management. Supplier Lifecycle Management. Introduction. Under Review. Evaluation.

Supplier Management 42

Supplier Management Procurement Analytics Procurement Solutions Optimal Sourcing 42

Unleashed

AUGUST 30, 2024

Managing a single warehouse can be a difficult task. When you expand to multiple warehouses or inventory locations, your challenges and risks begin to multiply. This article explores the ins and outs of multiple warehouse inventory management: the challenges, the advantages, and key best practices for doing it right.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Warehousing 52

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. Don’t let anyone fall through the cracks.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 98

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Unleashed

SEPTEMBER 28, 2021

This makes it important that you can accurately track where and for how long ingredients are stored in your warehouses. Learn more: The role of inventory management in the food industry Food manufacturers handle perishable materials – so using inventory control software will reduce spoilage and costs 2.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Forecasting Software Supply Chain Planning Software 98

Supply Chain Game Changer

NOVEMBER 14, 2018

Big Data and Analytics, and Digitalization are all phrases that are emblematic of revolutionary changes both today and in the future. There is no longer any need to send, change, and receive purchase orders on paper or by fax. All purchase order activity can be managed electronically.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Supply Chain Skills Buyer Training 87

6 River Systems

DECEMBER 11, 2018

Logistics personnel and supplier management pointers. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Logistics strategies for streamlined fulfillment. Integrating automated collaboration.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

SCMDOJO

MARCH 8, 2024

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Vendor Managed Inventory (VMI): VMI is a collaborative approach where suppliers manage inventory levels for their customers. Optimize the process where required based on feedback and performance.

Inventory Reduction 98

Inventory Reduction Optimal Sourcing Cost Reduction Strategies Resource Reduction 98

Unleashed

NOVEMBER 29, 2021

Inventory management is a critical process in that streamlining effort. Sudden troughs in demand may also occur at certain times of year, leading to slow inventory turnover and higher carrying costs as a result. Forgetting stock : How often have you gone into the back of the warehouse and found goods unsold from years ago?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

Unleashed

FEBRUARY 12, 2023

To stay on top of your financials, there are a few key cash flow metrics and KPIs you can track that will help you make the right decisions and avoid insolvency or liquidation. Learn more: Inventory Accounting: A Video Guide for Accountants & Advisors What are cash flow metrics? Why is it important to track cash flow metrics?

Procurement Analytics 52

Procurement Analytics Metrics Expense Reduction Inventory Reduction 52

Precoro

JUNE 6, 2022

Suppliers sell products in larger quantities for lower prices, so manufacturers and other companies using their services can stay profitable after reselling produced goods. Suppliers are your go-to for finding raw materials if you are procuring supplies for production. Can a business use vendors and suppliers simultaneously?

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

SYSPRO Smarter ERP

NOVEMBER 10, 2021

The electronics industry has experienced dramatic changes on the customer and supplier side in the last 18 months – from sudden purchasing changes by customers to shortages of parts and components from suppliers. Supplier management. Product development. Benefits of an ERP system for electronics manufacturers.

Manufacturing Procurement 111

Manufacturing Procurement Electronics Supply Chain Design Software Manufacturing 111

Unleashed

FEBRUARY 26, 2024

Warehouse inventory management is a sometimes complicated, always-vital process for managing a company’s physical goods. With the right approach, effective warehouse inventory management will help you increase productivity and profitability while keeping customers loyal and happy.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Material Savings 52

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Procurement costs.

Inventory Reduction 111

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 111

Jaggaer

OCTOBER 24, 2024

Maximizing Cost Savings Through Strategic Supplier Collaboration With the growing emphasis on long-term value creation, Chief Procurement Officers are increasingly turning to supplier collaboration as a cornerstone of cost reduction. Resolving these challenges requires a dynamic, iterative approach.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Material Savings Negotiate Pricing 52

Unleashed

FEBRUARY 28, 2021

Users can choose a fixed implementation plan or a more consultative approach, and scale up as needed with everything from reporting and analytics, shop floor data capture, HR, payroll and hosting available. It also syncs customer and supplier database information across both platforms, simplifying stakeholder management activity. .

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Analytics Software 98