ToolsGroup

DECEMBER 10, 2023

Is AI our own enchanted solution It’s the holiday season, and while festivities may be muted publicly, I’ve still been enjoying lighting the tree, drinking mulled wine, and celebrating with loved ones at home. Holiday supply chain challenges It is an especially fraught holiday season for supply chain logistics.

Modeling 156

Modeling Supply Chain Optimization Optimization Modeling Optimization Software 156

Logistics Viewpoints

DECEMBER 12, 2022

Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Supply chain planning is not just for the big boys. Myers Industries Implements John Galt Solutions. Myers Industries began implementing the solution in February.

Supply Chain Planning Software 205

Supply Chain Planning Software Supply Chain Planning Procurement Solutions Manufacturing Procurement 205

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 204

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 204

SCMDOJO

MARCH 27, 2024

The world of supply chain management is fast-paced. Hence, leveraging the right technological tools becomes not only beneficial. This comprehensive guide highlights software that stands out. For each recommended software, we will delve into the key features that set it apart. However, it goes beyond mere listings.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 73

ivalua

DECEMBER 15, 2022

Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. We are delighted to have been selected for the digitization of one of the world’s leading automotive players’ procurement processes. Ivalua is a leading provider of cloud-based Spend Management software. About Ivalua.

Optimal Sourcing 246

Optimal Sourcing Procurement Solutions Manufacturing Procurement Groups 246

EC Sourcing Group

JANUARY 25, 2022

The process of procurement has significantly advanced in recent decades, mainly due to the internet and cloud-based applications that can help streamline the process. The early days of eProcurement software were still intricate, with much dependence on spreadsheets to try to organize data.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Software 52

EC Sourcing Group

JANUARY 25, 2022

The process of procurement has significantly advanced in recent decades, mainly due to the internet and cloud-based applications that can help streamline the process. The early days of eProcurement software were still intricate, with much dependence on spreadsheets to try to organize data.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Software 52

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 194

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 194

Logistics Viewpoints

JUNE 29, 2023

In today’s interconnected global economy, supply chains play a vital role in the success of businesses. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.

Manufacturing Procurement 190

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 190

Logistics Viewpoints

AUGUST 1, 2024

According to Bloomberg , the coffee supply chain is struggling with constrained supply and increase in prices is inevitable. Traditional, linear supply chains struggle to adapt. This article explores how adaptive supply chains can help businesses thrive.

Modeling 252

Modeling Network Optimization Supply Chain Design Software Material Savings 252

River Logic

MARCH 9, 2021

Manufacturing network design software focuses on optimizing plant locations, capacity, and product flow paths. With manufacturing network design software, planners can determine the best arrangement of manufacturing operations to meet the organization's objectives in a world of unprecedented change.

Network Design Software 222

Network Design Software Manufacturing Procurement Network Design Supply Chain Design Software 222

Logistics Viewpoints

FEBRUARY 7, 2024

Supply chain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs.

Waste Reduction 271

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 271

ivalua

FEBRUARY 10, 2023

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

Sourcing Strategies 264

Sourcing Strategies Price Reduction Purchasing Skills Manufacturing Procurement 264

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 197

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 197

Logility

JULY 22, 2024

With approximately 95% of American households relying on products like recyclable aluminum foil, self-sealing wax, freezer paper, disposable bakeware, trash liners, and more, this organization strives for continuous improvement in their supply chain. But what are they really chasing?

Continuous Improvement 204

Continuous Improvement Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 204

Unleashed

JULY 2, 2024

Efficient purchasing is conducive to healthy cash flow. The more effective your purchasing processes, the more profitable your business becomes. In this guide we explore the process of purchase order management, its role in a wider supply chain management strategy , and the best practices for optimised purchasing workflows.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Pricing Training 52

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

Precoro

JULY 16, 2023

The purchasing department plays a critical role in the success of an organization. Thought-out practices and well-managed workflows within the purchasing department are crucial for making sure that the company has the necessary resources available at the right time and at a reasonable cost.

Pricing Training 98

Pricing Training Purchasing Skills Procurement Analytics Purchasing Training 98

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

ThroughPut

MAY 3, 2024

It’s no longer just about getting goods from A to B; it’s become a vital piece of the supply chain puzzle. Everything is connected – what happens in one part of the supply chain can shake things up in logistics, and the other way around. What is Logistics Management Software And How Does It Work ?

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Then multiply by 10 for the Tier 3.”

Supply Chain Visibility 210

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 210

Logility

SEPTEMBER 1, 2023

Fortunately, with the advent of artificial intelligence (AI), demand forecasting software has undergone a significant transformation. Understanding Customer Segments: AI-powered demand forecasting software allows businesses to divide customers into different groups based on factors like location, demographics, and purchase history.

Forecasting 174

Forecasting Forecasting Software Demand Planning Software Modeling 174

ToolsGroup

JUNE 2, 2021

Selecting the right supply chain planning technology isn’t simply about solving a current challenge. The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives. Key Steps to Select Supply Chain Planning Software.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 156

Precoro

NOVEMBER 13, 2023

One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. In this article, we'll explain what PPV is, why it matters, and how tracking this metric can benefit your procurement processes. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Enterra Insights

MARCH 28, 2022

The past couple of years has been a remarkable time for e-commerce as more and more consumers have discovered the digital path to purchase. Across industries and regions, people prioritized essentials and reduced impulse purchases. ” Paving the digital path to purchase (i.e., worldwide in 2020, according to eMarketer.”[1]

Procurement Analytics 246

Procurement Analytics Procurement Solutions Purchasing Skills Price Reduction 246

ivalua

FEBRUARY 27, 2023

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Solutions Purchasing Skills 130

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more.

Supply Chain Planning Software 52

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

ThroughPut

AUGUST 8, 2024

Or two, your inventory management tools are falling short, despite the cost and effort you and your team put into setting them up and implementing them—failing to deliver the expected ROI. Many try to achieve this through spreadsheets or specialized tools, but mastering inventory control remains a formidable challenge.

Inventory Management Software 52

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

OptiProERP

DECEMBER 18, 2023

Procurement and purchasing are terms interchangeably used in manufacturing but are distinct activities. In this blog, we will see how purchasing and procurement differ. From invoicing, making payments, and managing suppliers, procurement saves time while building positive supplier relationships.

Manufacturing Procurement 52

Manufacturing Procurement Purchasing Skills Procurement Solutions Negotiating Skills 52

Unleashed

JUNE 4, 2024

The procurement processes you implement directly impact how efficiently the business operates. Conversely, the consequences can be disastrous if procurement lacks the right structure or planning. What is a procurement process? Strategy is extremely important in the procurement process. Let’s dive right in.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Procurement Analytics 52

Supply Chain Movement

MARCH 16, 2022

The supply chain planning software of Blue Ridge does exactly that. With the cloud-based software of Blue Ridge, companies can be proactive rather than reactive, and focus on strategic and tactical purchases, as the system takes over the main routine tasks.

Supply Chain Planning Software 148

Supply Chain Planning Software Forecasting Software Demand Planning Software Optimization Software 148

SYSPRO Smarter ERP

AUGUST 28, 2024

Selecting the right ERP software for manufacturers is critical Choosing the right ERP software for manufacturers to meet specific requirements is no easy task. Selecting the optimal ERP solution Manufacturers will not reap benefits from a generic, one-size-fits-all ERP system.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Optimization Software 52

Logistics Viewpoints

APRIL 24, 2023

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. Coupa also offers a robust, market share leading, supply chain design solution. Here are my top take-aways from Coupa Inspire. That has recently changed.

Supply Chain Design Software 206

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 206

Logility

AUGUST 24, 2023

Your Comprehensive Guide to Production Planning Software The benefits of production planning software vs scheduling are about the granularity of the plan: capacity plans (or master production schedules) are not granular and factor in less granular things, like high level capacity, forecasts, inventory, and transfer times.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 146

ThroughPut

JULY 4, 2024

The best inventory management software, powered by these advanced technologies, can not only assist you with daily tasks but also support business-level strategic planning. In this article, we’ll explore the top inventory management software with AI capabilities for enterprises in 2024. What Is a Modern Inventory Management Software?

Inventory Management Software 52

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

ivalua

JULY 13, 2022

Procurement Leaders Webinar. With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. The percentage of purchased goods emissions by suppliers with science-based targets.

Procurement Solutions 130

Procurement Solutions Supply Chain Planning Software Optimization Software Optimal Sourcing 130