Supply Chain Shaman

APRIL 29, 2024

In 2012, when I started Supply Chain Insights , I believed that I could revolutionize the purchase of supply chain planning solutions by initiating a rating and review process across trading partners. Business leaders see the open sharing of feedback on software as too risky. How can I improve the process of software selection?

Supply Chain Planning Software 417

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Forecasting Software 417

ToolsGroup

MARCH 31, 2025

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires.

Supply Chain Planning Software 156

Supply Chain Planning Software Forecasting Forecasting Software Inventory Reduction 156

ToolsGroup

MARCH 31, 2025

Traditional supply chain planning tools rely on deterministic forecasting, generating single-point estimates that often misrepresent real-world complexities. However, this approach ignores real purchasing behavior, such as customers buying complete sets of four tires.

Forecasting 156

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 156

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 246

Optimal Sourcing Sourcing Strategies Manufacturing Procurement Material Savings 246

GlobalTranz

JUNE 19, 2018

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Fortunately, a solution exists.

Procurement Solutions 204

Procurement Solutions Procurement Analytics Capacity Procurement 204

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low.

Manufacturing Procurement 164

Manufacturing Procurement Procurement Analytics Procurement Solutions Purchasing Skills 164

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

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? Let’s break them down.

Procurement Solutions 105

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

SCMDOJO

DECEMBER 29, 2024

Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities This supply chain article provides a comprehensive overview of the procurement department within an organization. Read In Detail About Procurement Department Here 2.

Negotiating Skills 95

Negotiating Skills Purchasing Skills Purchasing Training Buyer Training 95

Logistics Viewpoints

JUNE 29, 2023

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Over the past 20 years, Nari has held VP and Director of Product Management, Research and Marketing roles at Aberdeen Group, River Logic, Steelwedge and E2open.

Manufacturing Procurement 270

Manufacturing Procurement Procurement Analytics Material Savings Inventory Reduction 270

SCMDOJO

FEBRUARY 5, 2025

The world of procurement is constantly evolving, demanding professionals with the right skills and knowledge. Moreover, two popular options often considered are the MCIPS qualification from the Chartered Institute of Procurement & Supply (CIPS) and the Procurement Track offered by SCMDOJO.

Negotiating Skills 59

Negotiating Skills Procurement Solutions Optimal Sourcing Purchasing Skills 59

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

ivalua

DECEMBER 14, 2020

In a recent webinar, “ How to Leverage S2P Platforms to Enable Supply Chain Resilience ,” procurement experts from Forrester, Ivalua and Procurement Leaders discussed how digital transformation and the technologies that enable it can help companies mitigate risk and be more agile and resilient.

Procurement Solutions 130

Procurement Solutions Optimal Sourcing Manufacturing Procurement Optimization Software 130

Supply Chain Shaman

JUNE 3, 2013

This landed me in front of the Vendor Review Board at Gartner to defend my research. <This The solution solved a relevant industry issue. In the height of the e-commerce craze, the marketplace offerings started with a focus on e-procurement. The rebirth of marketplace offerings is not on the back of e-procurement or ERP.

Supply Chain Design Software 321

Supply Chain Design Software Supply Chain Planning Software Procurement Analytics Manufacturing Procurement 321

Supply Chain Shaman

DECEMBER 15, 2022

In my research, I find that the lack of alignment has a direct impact to value (operating margin and market price to book value). In the supply chain team analysis, note the 21% gap between procurement and manufacturing teams, the 35% gap between sales and operations and the 21% gap between finance and operations. Functional Metrics.

Manufacturing Procurement 397

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Procurement Analytics 397

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

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing 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

Precoro

JULY 15, 2024

The chief procurement officer (CPO) is a senior executive responsible for developing and implementing their organization’s procurement policies, procedures, and strategies. Making sure these purchases are of high quality and compliant with relevant laws and regulations also falls under the CPO’s responsibilities.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Procurement Analytics Procurement Solutions 105

Supply Chain Game Changer

SEPTEMBER 22, 2022

The Reality of Automation in Procurement! All of these are the challenges of working in procurement, necessitating an automated procurement system. But procurement is one of the most integral parts of running an operation. Today, we’re covering automated procurement and how it can help your business in the future.

Procurement Solutions 116

Procurement Solutions Supply Chain Software Inventory Management Software Optimal Sourcing 116

Jaggaer

FEBRUARY 5, 2025

Strategic sourcing formalizes the gathering, analysis and application of information to align purchasing strategies with the organizations broader goals while securing the best possible overall value. In-depth Research – Conduct in-depth research on potential suppliers, including interviews and, where appropriate, site visits.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Supply Chain Shaman

FEBRUARY 1, 2024

His comments are the same–he feels that I identify problems but do not adequately define the solutions. While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value.

Supply Chain Planning Software 392

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 392

DELMIA Quintiq

SEPTEMBER 28, 2014

An article from The Wall Street Journal mentioned a research by the Hackett Group that showed actual financial benefits in business relationships with diverse suppliers. Researchers from the Hackett Group discovered that these organizations – a majority of which are world-class – often had lower operating costs.

Optimal Sourcing 318

Optimal Sourcing Supply Chain Planning Software Supply Chain Optimization Supply Chain Planning 318

Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

SCMDOJO

OCTOBER 23, 2024

In this blog, we will explore and compare the supply chain courses available on both platforms, diving deep into aspects such as focus and specialization, pricing, availability of practical tools, ease of use, and more. Pricing Structure Affordable pricing, with annual access to purchased courses and practical resources through Pro Plan.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Design Software Course Supply Chain Software 93

Logistics Viewpoints

MAY 19, 2022

Technical innovations can also impact supply chains, which is why many turn to supply chain planning solutions, which are designed to be trade-off machines. Work planners previously did manually can be calculated by software. But advances in this area have two limitations – the software itself and our ever-changing world.

Optimal Sourcing 300

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 300

Arena Solutions

DECEMBER 17, 2024

A digital thread integrates different tools and data systems (CAD, CAM, ERP, PLM etc.) This creates a continuous flow of information between design tools, simulation environments, and manufacturing systems allowing all stakeholders to access a single source of truth.

Supply Chain Design Software 94

Supply Chain Design Software Manufacturing Procurement Procurement Solutions Modeling Software 94

Supply Chain Matters

JUNE 3, 2025

Below are the individual web links and prime takeaway messages from each of our prior postings: Part One : Michael observed that standard sourcing solutions struggle to support direct materials sourcing because of specific challenges in legacy software design.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Sourcing Strategies Purchasing Skills 52

Precoro

JULY 1, 2024

Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Group purchasing organizations can be the perfect way for these companies to increase cost savings. Learn how they work, their benefits and limitations, and how they fit in with procurement software.

Purchasing Skills 105

Purchasing Skills Procurement Solutions Procurement Analytics Negotiate Pricing 105

Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. “There was not a lot of structure,” Mr. Henson explained.

Procurement Solutions 105

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 105

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

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

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

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

ivalua

OCTOBER 13, 2022

However, the report, produced by Procurement Leaders in partnership with Ivalua, shows that only 31% of procurement professionals said they are satisfied or very satisfied with their organization’s current visibility over its supply chain. About the research. Ivalua is a leading provider of cloud-based Spend Management software.

Procurement Analytics 130

Procurement Analytics Procurement Solutions Supply Chain Planning Software Optimal Sourcing 130

Precoro

MARCH 27, 2025

According to McKinsey & Company, procurement accounts for 50% to 80% of a company’s cost base. That’s why organizations zero in on strategies to achieve procurement cost reduction.    The key thing to remember is that cost reduction in procurement isn’t just about slashing expenses.

Cost Reduction Strategies 45

Cost Reduction Strategies Expense Reduction Price Reduction Vendor Strategies 45

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 108

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 108