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A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
Business leaders see the open sharing of feedback on software as too risky. How can I improve the process of software selection? How can I improve the process of software selection? Buying supply chain planning software is hard. How are people buying software? No one wants to share openly. What problems do you see?
The company, heavily invested in Canadian manufacturing, faced a crisis because its raw materials were sourced from outside North America, disqualifying it from USMCA tariff exemptions. Design product flexibility to include materials sourced for US and non-US markets or quickly adapt to different sources of materials.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.
The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,
The Power of Probabilistic Demand Forecasting Software Traditional supply chain management relied on historical data and single-point forecasts, leaving businesses vulnerable to disruptions. With the right demand forecasting software and technology, businesses can transform volatility into an advantage.
Ted Krantz, CEO of Interos Interos , a company providing supply chain resilience and risk management software, emailed me to say that there was a supply chain risk everyone seemed to be ignoring – AI-related risks. That information comes from inside the platform applications and increasingly from outside sources, like Interos.
SAP is embedding its generative Joule across the SAP Ariba source-to-pay solution portfolio to make it easier for their customers to manage routine inquiries, such as status updates, summarization, and frequently asked questions. The enterprise software company also announced a new analytics solution covering external workforce management.
Just by embedding analytics, application owners can charge 24% more for their product. How much value could you add? This framework explains how application enhancements can extend your product offerings. Brought to you by Logi Analytics.
Edge Hardware: The battle for edge hardware also intensified in 2024, as companies sought to deploy AI capabilities closer to the source of data. General Purpose AI Software Platforms: Modernizing the Technology Stack for AI The competition to deliver comprehensive AI software platforms escalated considerably in 2024.
One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. S2P: Where to Start Ivalua provides a comprehensive set of integrated solutions that span the entire Source-to-Pay lifecycle.
Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. This will enable diamond jewelry consumers at scale to engage with the unique journeys their diamonds have taken from source.
Manufacturing ERP (Enterprise Resource Planning) software integrates all your core business processes into one powerful platform. In this guide, we’ll break down everything you need to know about manufacturing ERP software in 2025. It’s a lot to handle. That’s where a manufacturing ERP comes in.
Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".
The acquisition is expected to enhance synergies across LGs robotics business, enabling the creation of an integrated software platform for commercial, industrial, and home robots, ultimately streamlining development cycles and improving user experiences.
When one thinks of supply chain software vendors, the name InterSystems may not spring to mind. They offer software systems and technology for complex integration, rapid application development, and advanced analytics and sell those solutions to companies that need to accelerate optimized business outcomes.
The acquisition is expected to enhance synergies across LGs robotics business, enabling the creation of an integrated software platform for commercial, industrial, and home robots, ultimately streamlining development cycles and improving user experiences.
Industry-specific content is available for processes like Source to Settle, Procure to Pay, Order to Cash, and more. The platform leverages AI and Digital Technologies like RFID at Source (reducing receiving and packing time and chargebacks) and 2D barcodes/Digital Links to drive transparency and capture data for product circularity.
Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.
Every ten years or so, there is a technology that truly shakes up the enterprise and supply chain software markets. SAP is the worlds largest provider of business software. A data fabric does not store data itself; it connects and provides access to data from diverse sources without physically moving or duplicating it.
At ToolsGroup, we’ve long championed probabilistic demand forecasting (also known as stochastic forecasting) as the cornerstone of effective supply chain management software. In modern distribution networks, meeting service levels requires getting precisely the right inventory to the right locations at the right time.
Inventory optimization software enables businesses to maintain optimal levels across the supply chain, absorbing demand. Rather that depending solely on forecasting improvements, forward-thinking businesses implement advanced inventory optimization software to compensate for uncertainties.
In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design. He further established the case for why supply chain teams need to context integrated sourcing as well as procurement.
Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions. Diversifying sourcing and manufacturing. What's inside? Scenario analysis and optimization defined.
The logistics domains and industrys leading software providers recognize that supply chain disruptions and volatility are growing and they have responded with some powerful innovations. Even as the logistics network expands, digitalization guarantees all collaborators share the same data and awareness.
What Is Strategic Sourcing? A Complete Guide Strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. It is called strategic because it replaces traditional ad hoc approaches to sourcing, which were almost entirely focused on cost savings, item by item.
AI-powered demand forecasting software can significantly improve predictive accuracy, making it a crucial component of modern supply chain planning software. Decades of experience creating supply chain management software have shown us that forecasting cant depend solely on machine learning. The secret?
Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.
The Need for Speed When you talk to supply chain planning software suppliers, they identify similar trends. This creates a unified view by stitching together data sources in real time. Supply models have been focused on source, make, and fulfill. This involves the use of new technologies on their platform.
In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design and why. Much of this has to do with needs for deep integration and two way flow of data streams.
Companies must harness a wide variety of data structures and formats, spanning internal and external sources. In this position, Alex is responsible for leading the strategic development and product vision of John Galt Solutions’ end-to-end supply chain planning software solution.
data extractors, search APIs) to perform tasks, enabling them to dynamically adjust to new information and real-time knowledge sources. Lets delve into the core concepts of AI Agents and multi-agent workflows, their relevance to what ARC Advisory Group calls Industrial AI , and their potential to revolutionize supply chain management.
Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?
Strategic Sourcing Simplified: Best Practices for Maximizing Value Strategic sourcing goes beyond cost savings its about making informed decisions that drive long-term value. Now well dive into best practices in these critical areas to ensure a more effective and resilient sourcing strategy. Automation can also play a role here.
The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. Who Should Prioritize an S2P Digital Transformation?
Neal has over 40 years in software development, innovation, and product management rollouts spread across the telecommunications and enterprise software industries. He transitioned to enterprise software and quickly latched on to the cloud deployment model.
In this blog, let’s dive deeper into the challenges of spare parts management, the solution that ThroughPut AI provides, the features of spare parts management software and how it works. Business Continuity Ensuring uninterrupted operations requires sourcing the right parts at the right time and place. Let’s get started.
Banker : You mentioned an approach to digitalization that’s both in-house as well as being reliant on external software partners. Lenovo is a large global business and with that comes some complexity for supply chain software solutions companies. Could you talk more about that? But it’s not just a visibility platform.
The following Supply Chain Matters multi-part guest commentary is authored by Michael Lamoureux who provides over 18 years of experience and observations and experience in procurement sourcing technology applications. Michael is the Editor-in-Chief of the Sourcing Innovation blog. We’ll explore each of these. Why is this?
This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Switching to alternate sources of supply or modes of transportation should be considered as appropriate, and such alternates should be activated on a short notice.
As organizations look for reducing dependencies on concentrated sources of supply, Eastern Europe, Mexico, and South Asian countries will start providing viable alternatives to the current manufacturing powerhouse countries. Prior to Coupa, Dr. Durbha held positions at LLamasoft, Kinaxis, JDA Software and i2 Technologies, Inc.
That’s where manufacturing inventory management software comes in. The right software can streamline your production, optimize stock levels, and even help you save money. In this ultimate guide, we’ll break down everything you need to know about manufacturing inventory management software.
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