Precoro

SEPTEMBER 6, 2021

This month, we continue our Procurement Basics series and would like to introduce our readers to yet another set of often misused business terminology. As both sourcing and procurement are related to obtaining supplies for the organization, confusing these two terms is easy. Procurement. What Is Procurement Process?

Optimal Sourcing 97

Optimal Sourcing Manufacturing Procurement Purchasing Skills Procurement Solutions 97

SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. But what if you could get a clear, birds-eye view of your core performance without investing in complex, expensive software? Why You Need Visibility of Supply Chain and Procurement KPIs?

Pricing Training 72

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 72

Precoro

AUGUST 26, 2021

Purchasing? Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined.

Pricing Training 98

Pricing Training Procurement Solutions Procurement Analytics Purchasing Training 98

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Amrest has been using Ivalua ‘the tool’ since 2011 across nine countries, with almost 3000 end-users on the platform. One Tool, Many Challenges.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

ivalua

MAY 15, 2022

Part I: Bridging the Gap between Procurement and Finance. To achieve their long-term goals, they needed to bridge the gap between their procurement and finance teams. . Amrest has been using Ivalua ‘the tool’ since 2011 across nine countries, with almost 3000 end-users on the platform. One Tool, Many Challenges.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Procurement Modeling Software 130

ToolsGroup

JUNE 10, 2022

The best loyalty programs add significant value for customers and retailers alike, as revealed in this video. Image source: National Retail Association. Image source: Twitter. Comprehensive employee scheduling software can go a long way if you’d like to emulate their methods for predictive maintenance. Image source: Ikea.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 98

RFgen

JUNE 30, 2023

Prioritizing technology solutions in today’s digital environment is a necessity. The businesses of tomorrow need technology solutions that give real-time information in order to make key business decisions when it comes to inventory. Essentially, an ERP helps organizations run their business by acting as a single source of truth.

Inventory Management Software 98

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

Logistics Viewpoints

MAY 27, 2022

Dick’s joins a list of retailers that have recently noted the impacts of inflation on customer purchases, with a shift from discretionary to non-discretionary items being a common theme. This week’s music video is “We don’t talk about Bruno” from the movie Encanto. Railways moved $20.2 billion of freight, up 20.9% That’s all folks.

Logistics Network Optimization Software 307

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 307

Supply Chain Brain

JUNE 15, 2025

The regulation is designed to provide European consumers with extensive data about the provenance of the items they purchase, all the way back to the sourcing of raw materials. Beyond the promotion of ethical sourcing, it’s also about “how we can extend the life of products,” Balaam says.

Manufacturing Procurement 59

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 59

Logistics Viewpoints

NOVEMBER 6, 2023

Increasingly, companies will take sustainability criteria into account in their purchasing decisions. Schneider Electric and EcoVadis Christophe Quiquempoix, VP of Sustainable Procurement at Schneider Electric shared his insights during a panel discussion at EcoVadis Sustain Conference 2023.

Resource Reduction 235

Resource Reduction Material Savings Supply Chain Planning Software Procurement Analytics 235

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. Too often, organizations invested in solutions that offer little more than knee-jerk reactions, resulting in net losses. The Road to Agility and Resilience.

Agile and Lean Supply Chain 293

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 293

DELMIA Quintiq

JULY 5, 2017

But having the right solution to drive performance, beat the competition and maximize profits is a step in the right direction. Watch the video below to see how to address your biggest S&OP workflow challenges. It’s critical to have a flexible solution like Quintiq that can adapt to your company’s unique processes.

S&OP 136

S&OP Supply and Demand Modeling Optimal Sourcing 136

Enterra Insights

JULY 30, 2021

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. Part of the change includes finding alternate sources of supply to meet demand more quickly or keeping more stock of certain items on hand.

Purchasing Skills 100

Purchasing Skills Procurement Solutions Procurement Analytics Supply Chain Software 100

Logistics Viewpoints

MARCH 29, 2021

For a more comprehensive explanation of this project you can view the video of the panel. They also have 20 sourcing locations across North America from which they can ship make to stock products. The sourcing centers are key to just-in-time, same-day, next-day deliveries. It also includes information taken from HWI’s web site.

Optimal Sourcing 189

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 189

Logility

MARCH 24, 2021

The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. What is needed is a single, integrated planning solution that unites short-, medium-, and long-term planning under one system.

Supply Chain Planning Software 176

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 176

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

Procurement Solutions 68

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 68

Resilinc

FEBRUARY 16, 2021

Predictive analytics tool leverages AI to identify how a supplier will perform by analyzing past events and on-time delivery data. We’re pleased to announce the launch of our Predictive Purchase Order (PO) On-Time Delivery solution.

Procurement Solutions 62

Procurement Solutions Procurement Analytics Predictive Analytics Software Predictive Analytics 62

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

In 2019 Yas Marina Circuit began working with DGrade to find a sustainable solution for plastic water bottles and cups used during the Formula 1 event. Getting the plastic into the recycling bins is not a sustainable solution in itself. Ensuring plastic is recycled into new products. The recycling initiative was implemented as part of.

Material Savings 246

Material Savings Waste Reduction Resource Reduction Manufacturing Procurement 246

Unleashed

AUGUST 17, 2021

There is a range of manufacturing software now available to help businesses streamline their processes and maximise efficiency. Here we look at 15 types of manufacturing software, and for each answer three questions: What are the main functions of this software? What type of business is this software suited to?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

Here, we discuss broad brushstroke trends that we see as solid foundations upon which tailored and considered solutions can be built. . These include Inventory vs. Service; Local vs Global Sourcing; Multiple Depots vs. Single Distribution Centre. Re-engineer your supply chain to boost resilience.

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 245

ivalua

APRIL 7, 2022

Below, we’ve summarized Day 1 and Day 2, but stay tuned for video recaps and more photos from Paris! NEW Payments Solution. Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester. Franck Lheureux and Alex Saric . David Khuat-Duy.

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

Kinaxis

NOVEMBER 11, 2019

Check out the video and read their comments below. Purchasers don’t have visibility into existing inventory. All supply chains have data errors, but if exhaustive searches rarely reveal the source of the problem – or reveal new problems – it might be more than run-of-the-mill complexity. The S&OP cycle has hit a wall.

Supply Chain Transformation 169

Supply Chain Transformation Supply Chain Planning Software Gartner Supply Chain Software 169

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. They would consider more automation, contactless solutions, transparence/greater trust (e.g., blockchain), and video-based collaboration/content sharing.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

GlobalTranz

MAY 12, 2015

Manufacturers need to focus on their core in order to stay competitive, and technological tools, such as our Cerasis Rater, a transportation management system , allow for streamlined process in managing transportation, giving back precious time, money, and focus to our manufacturing customers. billion individuals join the consuming class.

Manufacturing Procurement 120

Manufacturing Procurement Modeling Software Demand Planning Software Cost Reduction Strategies 120

Resilinc

MARCH 26, 2024

Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. Regression Models: Predict Purchase Order Delays What are regression models? Watch the video below to learn more about our Purchase Order Delivery Delay Prediction Engine.

Modeling 127

Modeling Supply Chain Risk Management Modeling Software Risk Management 127

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Game Changer

JULY 16, 2020

Business management tools like spreadsheet software and invoice-creation tools saved significant amounts of time and aided recordkeeping. Companies got a taste of the now-booming software-as-a-service (SaaS) industry starting in 1999. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Supply Chain Planning Software 124

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Supply Chain Network Software 124

Slimstock

MARCH 26, 2019

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. 4 Ways to Improve Procurement.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

Talking Logistics

APRIL 10, 2019

The company wasn’t a pure startup at the time (it was founded in 1981), but like all software companies during those years, it rode the dotcom tidal wave up — and then crashed down with everyone else (see period from 1999 through 2002 in the stock chart below). Source: Google.

Supply Chain Design Software 26

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 26

Unleashed

NOVEMBER 26, 2023

Unleashed software is an inventory management system that helps businesses be more efficient in their daily operations. This guide presents a complete overview of Unleashed software: What it is, who it’s for, and the core features and benefits of Unleashed for businesses. What is Unleashed software?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 52

Supply Chain Game Changer

NOVEMBER 6, 2018

Video Source: [link]. Consumers are the biggest source of food waste in developed countries as they discard at least 20-30% of what they purchase. Table Source: [link]. ” Source: [link]. Check out ReFed’s Roadmap to Reduce Food Waste: Video Source: [link]. That is over 1.3

Waste Reduction 75

Waste Reduction Food Supply Chain Planning Software Video 75

SCMDOJO

SEPTEMBER 24, 2024

Make vs Buy Analysis is an essential decision-making tool in supply chain management that significantly influences profitability, flexibility, and competitiveness. It helps businesses decide whether to produce goods internally (make) or source them externally (buy), weighing costs, quality, scalability, and capacity.

Optimal Sourcing 98

Optimal Sourcing Analysis Material Savings Manufacturing Procurement 98

ToolsGroup

DECEMBER 14, 2021

Cyber Monday revenue – a reliable ecommerce performer year-over-year – showed mixed results pending the source, with an overall promising outlook. Supply Chain Shortages Impacted Consumer Purchases. Quick – if I was to ask you what the hottest selling video game console was on Black Friday, what would you guess?

Retail 156

Retail Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 156

Talking Logistics

NOVEMBER 3, 2017

But before I head out, grab your reading glasses and check out the supply chain and logistics news that caught my attention this week: SophiaTX Open Source Platform to Integrate SAP, Blockchain. Ryder Announces Breakthrough Solution to Help Commercial Rental Customers Comply with New Electronic Logging Device Regulations.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Network Software SAP 0

Unleashed

JUNE 28, 2024

Today there are countless software solutions for automating the manufacturing process. From product design through to production planning, nearly every aspect of building and selling products can be streamlined with modern tools. The best ERP software for manufacturers offers real-time data processing and reporting features.

Manufacturing Procurement 52

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

RFgen

JANUARY 18, 2024

TL;DR: This article provides a comprehensive guide on migrating to a cloud-based ERP (Enterprise Resource Planning) solution. The article also outlines the roles and responsibilities during the migration process, factors to consider when choosing the right ERP solution , and the critical steps involved in the migration process.

Supply Chain Planning Software 97

Supply Chain Planning Software Procurement Solutions Modeling Software Optimization Software 97