Procurement Academy

JULY 19, 2024

Procurement transformation, although innovative and beneficial, often arises alongside a resistance to change, lack of skills and data issues within teams. As modern supply chains become larger and more intricate, strong procurement strategies are needed to minimize any risk and maximize growth and efficiency.

Cost Reduction Strategies 90

Cost Reduction Strategies Price Reduction Inventory Reduction Sourcing Strategies 90

GlobalTranz

APRIL 25, 2016

Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. Isn’t time important? What kinds of "time" measurements exist?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

ModusLink Corporation

NOVEMBER 30, 2021

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

Manufacturing Procurement 78

Manufacturing Procurement Procurement Solutions Optimal Sourcing Negotiating Skills 78

Supply Chain Shaman

JANUARY 8, 2014

As background, Peter Gibbons is the Executive Vice President, Global Supply Chain for Mattel, Inc. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. Which metrics do you think matter to supply chain excellence?

Procurement Analytics 279

Procurement Analytics Manufacturing Procurement Metrics Eliminating Excel in Purchasing 279

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. Embedded AI that is purpose-built for supply chain.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

QAD

OCTOBER 24, 2023

Benefits of Collaborative Supplier Relationships Increasingly, organizations are realizing the benefits of tightening relationships with suppliers to better manage the sourcing and procurement of goods and lower supply costs. So, we can not truly say that the sourcing process begins with supplier management.

Supplier Management 98

Supplier Management Procurement Solutions Optimal Sourcing Supply Chain Network Software 98

Supply Chain Shaman

DECEMBER 12, 2024

Supply chain leaders were slow to adopt advances in Big Data Analytics. In parallel, PE/venture capitalists purchased/consolidated network solutions, slashing R&D and delaying investment, reducing industry capabilities. Supply chains perform better when they are pedaling uphill.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

The complexity and interconnectedness of the global supply chain have led to organisations becoming more dependent on suppliers than ever before. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Optimal Sourcing Sourcing Strategies Purchasing Skills 130

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. Why have we not improved our use of channel data in supply chain processes?” My question is, “Why?

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Data Supply Chain Planning Software 195

Jaggaer

OCTOBER 24, 2024

A supplier portal solution seamlessly integrated into your ERP system allows you to plan, execute, and document audits and tie quality management to upcoming purchases. Managing interdependence among suppliers : Supplier interdependencies can create uncertainties, such as competition between suppliers for limited resources.

Negotiate Pricing 52

Negotiate Pricing Optimal Sourcing Supply Chain Planning Software Negotiating Skills 52

AFFLINK

JANUARY 13, 2025

Fortunately, predictive analytics is becoming a new essential tool in supply chain management , especially for combatting common challenges with seasonal inventory. This is particularly true as predictive analytics tools provide up-to-the-minute data on stock levels, sales velocity, and market demand.

Predictive Analytics 48

Predictive Analytics Inventory Reduction Inventory Management Software Procurement Analytics 48

ThroughPut

JULY 24, 2022

The retail industry has been witnessing unending turmoil over the last couple of years by way of a series of challenges – ranging from shifts in purchasing habits and consumer demands to the vagaries of a relentless global pandemic that continues to trigger seismic upheavals. Retail supply chain software that creates better demand signals.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Forecasting Software Optimization Software 96

QAD

JUNE 20, 2019

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. This builds a more effective manufacturer-supplier partnership that lowers inbound supply costs and improves supplier performance. Supplier Challenges Exist.

Manufacturing Procurement 111

Manufacturing Procurement Inventory Reduction Optimal Sourcing Cost Reduction Strategies 111

The Logistics & Supply Chain Management Society

JUNE 30, 2022

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. Currently, I am leading the Global Forwarding Solutions (GFS) business of TVS SCS. Increasing Supply Chain Performance in the Digital Era.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Procurement Solutions Supply Chain Software 130

ivalua

NOVEMBER 12, 2019

The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc. in the most recent The Forrester Wave : Supplier Risk And Performance Management (SRPM) Platforms, Q1 2018.

Risk Management 20

Risk Management Optimal Sourcing Procurement Solutions Modeling Software 20

Supply Chain Shaman

SEPTEMBER 20, 2015

Most supply chain planning teams do not know their customers. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. I like Kehat’s story.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Supply Chain Game Changer

JULY 21, 2021

In supply chain, simply observing your entire supply chain in action to assess it is not possible, but with data and a reliable performance management system like The Owl, you can at-least have a real-time view of your supply chain performance through KPIs and metrics. Procurement Cost.

Supply Chain Planning Software 98

Supply Chain Planning Software Negotiating Skills Purchasing Skills Manufacturing Procurement 98

QAD

FEBRUARY 21, 2023

Manufacturers are realizing the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. This builds a more effective manufacturer-supplier partnership that lowers inbound supply costs and improves supplier performance.

Manufacturing Procurement 98

Manufacturing Procurement Supply and Demand Demand Planning Software Inventory Reduction 98

Supply Chain Game Changer

FEBRUARY 5, 2019

The 3 Pillars of Digital Procurement! Most of you are likely familiar with the phrase, Software as a Service (SaaS). According to Wikipedia, Software as a Service is “a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted.” Subscribe Here!

Logistics Network Optimization Software 89

Logistics Network Optimization Software Supply Chain Planning Software Modeling Software Inventory Management Software 89

QAD

JULY 21, 2022

The bullwhip effect has multiple causes that distort the supply chain, including: Changes in demand forecasting. Price fluctuations and discounts resulting in increased purchases. Brittle supply chains need specific solutions to gain agility, efficiency and resilience. How to Counteract the Bullwhip Effect.

Price Reduction 98

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 98

Supply Chain Matters

MAY 31, 2022

Supply Chain Matters readers are well aware that the looking glass for an organization’s overall supply chain performance is intense right now, especially when C-Suite executives feel the heat from investors and board rooms. Stellantis Senior Procurement Leadership Change. All rights reserved. .

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Procurement Solutions North America 52

Talking Logistics

JUNE 2, 2016

This assessment identifies the most important capabilities for which the newly divested company needs to account, which may include functions such as Procurement, Purchasing, Accounting and Supply Chain Operations itself. Step 2: Leverage a Transitional Service Agreement Wisely.

3PL 100

3PL Optimal Sourcing Modeling Procurement Analytics 100

ThroughPut

APRIL 6, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

ThroughPut

MAY 3, 2024

77% of the world’s largest ports are still facing backlogs, and that doesn’t just affect your logistics efficiency and costs, it impacts your entire supply chain and business. That is why logistics management software (LMS) is so much more today than what it used to be. Logistics has, however, come a long way.

Procurement Solutions 52

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

Supply Chain Shaman

DECEMBER 4, 2018

As a B2B company, procurement management is essential. The company also offers engineered-to-order solutions, such as control centers and medium-voltage drives. Solutions, for example, can take from 12 to 16 weeks to manufacture. The project included the centralization of SAP ERP and the augmentation with other software.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

ThroughPut

NOVEMBER 28, 2023

This piece will unveil the top 18 supply chain analytics solutions currently shaking up the market. These aren’t just tools but potential game-changers for your bottom line in the long run. What is Supply Chain Analytics Software? Ready to dive in?

Prescriptive Analytics Software 52

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

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. Make vs Buy Analysis evaluates whether to manufacture a product in-house or purchase it from suppliers. What is a Make vs Buy Analysis?

Optimal Sourcing 98

Optimal Sourcing Analysis Material Savings Supply Chain Software 98

Precoro

APRIL 18, 2023

Supply chain visibility is a company's ability to keep track of raw materials, components, and final products – in batches or individually – as they move through the entire supply chain from suppliers through production or assembly to retailers and end customers.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Real-time Visibility Supply Chain Software 98

SCMDOJO

APRIL 4, 2023

But like any new technology, there are hurdles to overcome when implementing supply chain analytics. In this article, we’ll delve into the benefits and challenges of this powerful tool, and discuss the architecture that’s necessary to successfully integrate it into your business.

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

o9 Solutions

JUNE 9, 2025

For instance, Gartner predicts that by 2026, more than 80% of enterprises will have tested or implemented GenAI tools, a considerable leap from under 5% in 2023. That question shaped the conversations at aim10x Europe, o9 Solutions’ flagship event in Amsterdam. And yet, few organizations have the tools to understand why.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Forecasting Software 52

Logistics Bureau

APRIL 18, 2019

Planning is necessary at just about every stage in the supply chain, and if. Here are some of the planning roles that you could aim for: Supply Chain Planner : Typically a management role with responsibility to analyse supply chain performance and develop strategies for improvement. Quality Manager.

Manufacturing Procurement 89

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 89

Unleashed

MARCH 28, 2021

Supplier Relationship Management (SRM) is a management concept frequently used by procurement and supply chain professionals. As supply chains become more complex there is a greater need to cultivate clear, measurable ways to evaluate every supplier. Optimises performance. Reduces costs. Risk mitigation.

Negotiate Pricing 111

Negotiate Pricing Cost Reduction Strategies Price Reduction Optimal Sourcing 111

GlobalTranz

JANUARY 4, 2016

Start today by re-imagining your supply chain. Employ comprehensive solutions that support the entire source-to-settle process and create value for all parties involved in it. 2016 Supply Chain Trend #2: Responding to Innovation & Change But with An Eye On Fundamentals.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 120

ThroughPut

MAY 22, 2024

An Enterprise Resource Planning (ERP) system is a suite of integrated software applications that helps organizations manage and automate their core business processes. An effective ERP manages day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.

Supply Chain Planning Software 98

Supply Chain Planning Software Resource Reduction Optimal Sourcing Resources 98

ThroughPut

APRIL 2, 2020

Supply chain optimization is a key component of the manufacturing supply chain process, helping companies control their input costs to be able to provide effective goods or services to their customers. It goes beyond just maximizing the overall supply chain performance in terms of material delivery excellence.

Optimal Sourcing 52

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 52

ThroughPut

AUGUST 2, 2024

The answer is clear: analytics and AI-powered intelligence significantly enhance decision-making capabilities in the supply chain. While some tools offered decision support, the full potential of decision augmentation and automation was just beginning to unfold. Best Supply Chain Intelligence Software in 2024 1.

Supply Chain Design Software 52

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

QAD

NOVEMBER 16, 2023

Packaging changes have impacted the procurement, manufacturing and distribution processes of organizations. As a result, manufacturers are compelled to invest in research and development to create innovative, sustainable and visually appealing packaging solutions. It still is. Packaging is being used to emphasize that message.

Packaging 98

Packaging Supply Chain Transformation Manufacturing Procurement Sustainability 98