Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Arkestro

JULY 18, 2023

Unfortunately for supply chain and manufacturing executives, disruption is still the name of the game. Between volatile geopolitical environments, increasing regulations, and shifting consumer demand, economic uncertainty is hitting various areas of the supply chain and manufacturing industries hard.

Supply Chain Optimization 52

Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency 52

IBM Supply Chain Blog

FEBRUARY 7, 2024

Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices. Through both mandatory reporting and voluntary disclosures, companies can identify and manage climate-related risks, and provide valuable information to investors and other stakeholders for greater transparency.

Sustainability 88

Sustainability supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 88

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.” Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

NLPA (Next Level Purchasing Association)

SEPTEMBER 30, 2024

As businesses strive for greater efficiency and cost savings, automation reshapes how warehouses function and how goods move through the supply chain. Warehouse Management Systems (WMS) : Software that optimizes inventory management, order fulfillment, and warehouse logistics.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

Let's Talk Supply Chain

OCTOBER 16, 2023

Onfleet is the preferred delivery management software for companies wanting to provide a superior delivery experience while maximizing efficiencies. 17.36] Why driver empowerment is key, and how Onfleet’s solutions are creating happy drivers and, ultimately, happy customers.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 52

IBM Supply Chain Blog

FEBRUARY 2, 2024

It’s about shifting from unsustainable practices towards more eco-friendly alternatives, such as adopting renewable energy sources and increasing energy efficiency. National and international bodies may also promote social sustainability through cultural preservation and government transparency.

Sustainability 85

Sustainability Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 85

Supply Chain Game Changer

MAY 1, 2019

Subscribe to Supply Chain Game Changer. The Digital Supply Chain (SC 4.0) Article written for Supply Chain Game Changer by, and permission to publish here provided by, Andrei Klubnikin at at R-Style Lab. trillion on logistics and supply chain within the next five years. Email Address.

Logistics 98

Logistics supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 98

ivalua

JANUARY 31, 2022

Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supply chain variables. . in October 2021*, the highest in more than three decades, as measured by the Consumer Price Index (CPI). The Criticality of the Supply Chain (and Suppliers).

Procurement 130

Procurement supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 130

Supply Chain Opz

JANUARY 22, 2016

Then, executives need supply chain technology to stay ahead of the game. Markus Rosemann, Vice President for Logistics and Order Fulfillment, SAP There is a great opportunity for technology to relate massive amounts of data from sensors, telematics systems and RFID tagged items in the Supply Chain and Logistics industries.

Supply Chain Efficiency 49

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization Supply chain 49

Let's Talk Supply Chain

MAY 17, 2023

Logistics Complexity and the Strategic Moves Companies Are Making to Reduce It The last mile is typically the costliest and most complicated leg of a supply chain, accounting for, on average, 53% of overall shipping costs. consumers claim the ability to have delivery tracking as a top factor for creating a positive delivery experience.

Logistics 52

Logistics e2e Supply Chain Efficiency supply chain budgeting 52

Finale Inventory

SEPTEMBER 13, 2022

Businesses use the supply chain to order and distribute goods to consumers. Supply chain layers work together to create and distribute products across the globe. However, disturbances in this chain can disrupt access to goods and other business functions. What Is the Bullwhip Effect?

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization supply chain budgeting Inventory 52

Finale Inventory

JULY 17, 2024

By leveraging historical sales data, market trends, and external factors such as promotions or events, businesses can estimate future demand and adjust their inventory levels accordingly. Inventory Management: Efficiently managing inventory levels to ensure optimal stock availability and avoid overstocking or stockouts.

supply chain software solutions 52

supply chain software solutions Inventory Supply Chain Optimization Demand 52

Finale Inventory

JULY 15, 2024

The inventory turnover ratio is a key metric that measures the efficiency of a company’s inventory management. This ratio indicates the speed at which inventory is sold and replenished, providing insights into the efficiency and effectiveness of inventory management. This is a step-by-step guide for calculating this ratio.

Inventory 52

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 52

Pipefy

JULY 31, 2023

Business process automation streamlines many time-consuming, labor-intensive, and repetitive tasks typically handled by internal departments like HR, IT, and finance. These solutions can easily store and organize data for back-office processes like accounting, invoicing, and cash flow management.

supply chain software solutions 52

supply chain software solutions e2e Agile and Lean Supply Chain Real-time Visibility 52

Supply Chain Game Changer

NOVEMBER 29, 2022

Subscribe to Supply Chain Game Changer. A smart POS system performs more tasks than simply notifying the consumer. The emergence of new POS systems is necessary, given the diversity of payment options and consumer demand. You have a plethora of these options with POS software. Subscribe Here! Email Address.

supply chain software solutions 63

supply chain software solutions Supply Chain Optimization Supply Chain Efficiency Supplier relationship management 63

Empowering CPO

MAY 11, 2023

Economic: From an economic perspective, sustainable procurement can result in cost savings through increased efficiency, reduced waste, and minimized risk of supply chain disruptions. Consumer Demand: More and more, consumers are choosing brands that align with their values.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Supply Chain Optimization supply chain budgeting 52

Supply Chain Game Changer

JULY 15, 2021

Subscribe to Supply Chain Game Changer. Consumers’ willingness to wait to receive their orders has dwindled significantly in the past half-decade. Each element of your supply chain has its own lead time. Consumers expect fast delivery, so shortening the time from customer order to delivery can increase your sales.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Raw materials Supply Chain Optimization Inventory 98

Finale Inventory

JULY 23, 2024

Without proper organization, businesses can quickly become overwhelmed and struggle to keep up with demand. However, with the right tools and mindset, you can streamline your operations and achieve optimal efficiency. By utilizing this software, you can save time, reduce errors, and gain a competitive edge in the ecommerce industry.

Inventory 52

Inventory Real-time Visibility Supply Chain Optimization Supply Chain Efficiency 52

Planergy

SEPTEMBER 5, 2023

We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. Allocates Resources Efficiently Business budgeting lets you analyze your company’s financial needs and distribute resources accordingly. Why is Business Budgeting Important?

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Supply Chain Game Changer

JANUARY 24, 2019

Article written for Supply Chain Game Changer by Russ Davidson at Software Connect. Reasons given were stepped-up global competition, weak consumer demand, and improved productivity. With this being known, it can seem like investing in software can be quite the adjustment for a company. Subscribe Here!

supply chain software solutions 56

supply chain software solutions Quality Supply Chain Efficiency Consumer demands 56

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? The company is exploring whether or not to outsource IT, Accounting/Finance, Payroll, Human Resources, Software and Hardware Development, because they have been in the red at more than $100 million. Landgraf, CEO at Above the Standard ( [link] ).

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

World of Procurement podcast

JUNE 15, 2021

We covered a lot of ground in this 25-minute podcast and this podcast is going to be exceptionally beneficial to you if you are currently looking at your supply chain and wondering how can we improve visibility, how can we reach our sustainability goals using our supply chains and how do we know what is in this product?

Sustainability 52

Sustainability Real-time Visibility Supply Chain Efficiency Procurement 52

IBM Supply Chain Blog

FEBRUARY 14, 2024

IBM Research is working to help its customers use generative models to write high-quality software code faster, discover new molecules , and train trustworthy conversational chatbots grounded on enterprise data. AI software can identify when and how resources are used, and match actual demand in real time.

Real-time Visibility 82

Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 82

Planergy

DECEMBER 8, 2022

Because handling these tasks manually is time-consuming, plenty of forecasting tools aggregate the data for you. These tools allow you to access real-time data insights – such as cash flow and consumer demand- that can help you with everything from inventory planning to capacity planning. Long-Term Demand Forecasting.

Demand 52

Demand Data supply chain software solutions Inventory 52