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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?
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.
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.
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.,
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 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.
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.
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.
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.
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.
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.
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.
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.".
Enterprise IT is on the cusp of a transformation the likes of which we havent seen since the transition to Software-as-a-Service (SaaS). In fact, Id argue this transition to what is increasingly being dubbed Service-as-Software has more profound implications for industries and workforces than anything thats come before.
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.
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.
Procurement is the strategic, big-picture approach to sourcing and supplier relationship management, while purchasing is the tactical execution of those plans. Procurement is the end-to-end process of identifying business needs, sourcing goods and services, negotiating contracts, and managing supplier relationships over time.
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.
AI is reshaping the way organizations source, manage suppliers, and drive value today. AI agents offer a smarter, faster way to manage sourcing, risk, and spend across the entire procurement lifecycle. For example, agentic AI can analyze supplier data, evaluate contracts, manage purchase orders, or recommend sourcing strategies.
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.
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.
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.
This guide breaks down the key procurement technologies in use today and the trends reshaping the future, such as AI-driven sourcing, predictive risk management, and deeper integration across the supply chain. What Is Procurement Technology? Here are some of the most important tools teams are already using.
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.
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.
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.
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.
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.
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?
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.
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.
Ivalua commissioned Forrester Consulting to conduct a Total Economic Impact (TEI) study , offering key insights into how companies can unlock substantial financial benefits and operational improvements by adopting Ivalua’s unified Source-to-Pay (S2P) platform. 393% ROI from process automation, better visibility, and replacing old systems.
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.
At a high level, procurement focuses on sourcing the goods and services an organization needs, while supply chain management oversees the broader flow of those goods, from raw materials to end customers. Supply Chain Management (SCM) involves orchestrating a product’s or service’s entire lifecycle, from sourcing and production to delivery.
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?
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.
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.
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.
Digital procurement streamlines workflows and unifies data, enabling faster sourcing, better collaboration, and improved accuracy. Digital procurement is the use of digital technologies to enhance, automate, and optimize procurement processes across the entire source-to-pay (S2P) lifecycle.
I also laugh when newer software players speak to me about autonomous supply chains or no-touch planning. The data outcome is open source and can be used to improve project outcomes. The celebrated group is doing the best on the operating margin, where only 24% rank below their peer group. The reason? This work was expensive.
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