SIPMM Professional Publications

JANUARY 5, 2021

Organizations are rapidly using automated procurement management tools, whether using enterprise resource planning (ERP) or less advanced tools. As more e-procurement tools are introduced to the IT stack of a business, the role of cybersecurity in the procurement process becomes crucial to protect […].

Procurement Solutions 109

Procurement Solutions Procurement Digital ERP 109

Supply Chain Brain

MARCH 7, 2024

Does this mean that everyone must rush to purchase an AI tool? This year is going to be a pragmatic one for business, and AI will play a big part.

Procurement Solutions 97

Procurement Solutions How To Purchasing Tools 97

The Logistics of Logistics

OCTOBER 22, 2021

In the podcast interview, Tom explains that the dark funnel is a customer’s purchasing journey that occurs off-site through social, paid, competitive, influencer and other channels not controlled or visible to the brand. Tom Augenthaler is the Founder and CEO of 551 Media , where he helps B2B companies build brand affinity with influencers.

White Paper 195

White Paper Procurement Solutions Logistics Network Optimization Software Strategy 195

The Logistics of Logistics

JULY 20, 2022

Under Jon’s leadership, Loadsmart has developed and gone to market with several customized pricing solutions for shippers, including Reliable Contracts, a dynamic contract solution that guarantees 100% PTA and incentivizes Loadsmart to purchase below market. Jon holds a B.S.

Price Reduction 289

Price Reduction Purchasing Skills Cost Reduction Logistics Network Optimization Software 289

The Lean Thinker

SEPTEMBER 25, 2019

It Isn’t About the Specific Tools. While it isn’t that important about whether this-or-that specific tool or approach is put into place, it is critical to understand what the tools you use are there to achieve. Each tool surfaced more detail, which in turn, challenged the next level. Beyond Rote Implementation.

Purchasing Skills 30

Purchasing Skills Buyer Training Procurement Solutions Tools 30

Logistics Viewpoints

NOVEMBER 18, 2024

One essential tool used by the supply chain team is supply chain design. One key tool they use to accomplish this is a supply chain design solution from Coupa. By 2014, the company had purchased the Coupa solution, developed an internal modeling team, and created data extraction and cleansing routines.

Supply Chain Design Software 137

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Planning Software 137

Logistics Viewpoints

SEPTEMBER 27, 2024

I attended multiple events focused on the built environment, embodied carbon, digital decarbonization tools, and storytelling. Within the last agreement, Microsoft will purchase energy from Three Mile Island to power its data centers that are located within the state.

Supply Chain Planning Software 140

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 140

Logistics Viewpoints

AUGUST 28, 2024

AI and machine learning tools identify patterns, predict issues, and suggest ways to optimize operations. Overall, AI ensures that DPPs are not just a fixed record but an active tool for improving performance. Why DPPs Matter Consumers today expect transparency about the products they purchase.

Optimal Sourcing 148

Optimal Sourcing Optimization Software Supply Chain Software Optimization Modeling 148

Ship Monk

APRIL 16, 2024

The good news is that fraud management tactics and tools are making it easier to prevent, catch, and combat ecommerce fraud. Today we’re going to examine some of the more common types of payment fraud, and the tactics and tools that ecommerce brands can use to stay ahead of the problem. In 2023 alone, ecommerce fraud (a.k.a.

eCommerce 105

eCommerce Modeling Software How To Procurement Solutions 105

Material Handling and Logistics

SEPTEMBER 27, 2018

Shippers need to keep operations flowing and use tools to handle the upsurge while keeping customers satisfied.”. The ability to integrate purchase orders automatically from an ERP system directly into the TMS cuts out paperwork and admin hours. Kuebix offers 6 tips to fine-tune transportation strategies for the holidays: 1.

Supply Chain Software 161

Supply Chain Software Optimization Software Purchasing Skills Negotiating Skills 161

Logistics Management

FEBRUARY 15, 2023

Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, is expanding its final-mile services portfolio, announcing this week it has acquired Minneapolis-based GroundCloud, a cloud-based provider of final-mile carrier solutions and road safety compliance tools.

Procurement Solutions 91

Procurement Solutions Logistics Network Optimization Software Purchasing Skills Compliance 91

SYSPRO Smarter ERP

MARCH 15, 2023

Manufactures are continuously faced with the challenge of forecasting how much (raw material) to purchase and how much (finished goods) to produce. Even though business data availability has increased, customer purchase patterns has also become more complex, and therefore harder to predict with accuracy.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Analytics Supply Chain Planning Software Procurement Solutions 105

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. The trend of purchasing big & bulky items online will continue to grow, with Statista predicting 35% of furniture sales worldwide will be made online by 2025.

Supply Chain Planning Software 125

Supply Chain Planning Software Optimization Software Supply Chain Software Logistics Network Optimization Software 125

Talking Logistics

MARCH 21, 2019

According to Nasdaq, by 2040, 95% of purchases will be facilitated through e-commerce. Various means of communicating with customers include social media, chatbots, and other virtual tools. Younger shoppers already embrace it and more frequently older shoppers are as well. Augmented reality.

Trends 138

Trends Optimization Software Logistics Network Optimization Software Procurement Solutions 138

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. They can help prepare their customers for innovation coming down the pipe.

Vendor Strategies 152

Vendor Strategies Resource Reduction Material Savings Supply Chain Design Software 152

SYSPRO Smarter ERP

NOVEMBER 30, 2021

Other related tools such as Pareto analysis identify which products are most profitable and hence those you should focus your attention on. Charged with this critical task, the purchasing department can leverage its Material Requirements Plan (MRP) to stay abreast of what’s needed, how much and when. Managing Inventory.

Supply Chain Planning Software 105

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Manufacturing Procurement 105

Logistics Viewpoints

APRIL 6, 2023

The shift from traditional purchasing to a collaborative supply chain network is not just a change in nomenclature; it represents a fundamental transformation in the way organizations manage their supply chains. The costs associated with purchasing these items hit the “operational expenses” components of the company’s financial statements.

Optimal Sourcing 129

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Procurement Analytics 129

Envase Technologies

APRIL 6, 2022

Without an effective tool to manage both the cost of fuel and the unpredictability of fuel surcharges, transport professionals are at a distinct disadvantage. With Envase, users have two powerful tools to help get on top of these issues. Envase makes sure they have those tools. Unless they are Envase customers.

Purchasing Skills 98

Purchasing Skills Procurement Solutions Tools RFID 98

Logistics Viewpoints

AUGUST 23, 2021

The most common message types exchanged are Source – particularly purchase order (PO) and purchase order confirmation messages – and Deliver – messages surrounding when goods are likely to arrive. SCCN providers that provide tools to augment the canonical model are to be preferred. These are often EDI messages.

Collaboration 170

Collaboration Supply Chain Planning Software Optimal Sourcing Modeling Software 170

Material Handling and Logistics

JANUARY 4, 2019

Software has always been a tool help companies become more profitable. Looking at purchases to make in 2018, Shipley advises companies to " focus on their procurement 'tail spend' — that is, smaller purchases that don’t make it onto a company’s management radar, Shipley advised. S oftware Will Continue to Dominate Markets.

Procurement Solutions 136

Procurement Solutions Modeling Software Optimal Sourcing Purchasing Skills 136

WorkWave

JUNE 6, 2024

In contrast, a gas card is typically aimed at individual consumers or small businesses with fewer vehicles, providing basic fuel purchase capabilities and sometimes offering cashback or rewards for fuel purchases but lacking the advanced management and reporting features of fleet fuel cards.

Procurement Solutions 105

Procurement Solutions Expense Reduction Procurement Analytics Purchasing Skills 105

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses. They’ve trusted you with their email address and mobile number. The downside?

eCommerce 105

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 105

Logistics Viewpoints

MAY 11, 2023

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. A communication and training tool In addition to these practical uses, digital twins can also help improve communication and collaboration within warehouses. come with any of them.

Optimization Software 159

Optimization Software Supply Chain Design Software Modeling Software Digital 159

The Logistics of Logistics

MAY 27, 2019

It’s never been easier to develop software and technology than it is right now because there are so many tools and platforms. The tools used to find out where people are clicking on a website or on an app have gotten a lot better. [19:57] It’s all about having inventory closer to the people who will purchase it.

Supply Chain Planning Software 186

Supply Chain Planning Software 3PL Supply Chain Software Logistics Network Optimization Software 186

Logistics Bureau

DECEMBER 9, 2019

Many governments, for example, are making formerly hard-to-access export tools and guidance available to all via resource sections of their various agencies’ websites. I can go for a coffee in the said mall or shopping area, and a couple of latte macchiato later, drop the driver a tip as she hands over my purchase.

Supply Chain Software 128

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 128

FreightWaves SONAR

FEBRUARY 11, 2021

And in turn, this makes benchmarking an excellent tool for combating issues that come from truck driver shortages. Financial insight feeds into equipment purchasing decisions. The benchmarks also provide necessary financial insight for making equipment purchasing decisions. Greater financial insight is an invaluable tool.

Procurement Analytics 98

Procurement Analytics Trucking Optimization Software Operations 98

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? Now that we’ve established that social proof is an important tool for influencing consumer behavior, it follows that smart ecommerce companies can, and should, take advantage of these natural biases. That’s a mind-blowing statistic.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

IoT World Today

MARCH 27, 2020

These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing. About 82% that use advanced analytical tools, according to Supply Chain Quarterly.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Logistics Viewpoints

APRIL 14, 2022

A best-in-class solution must also support your workflows and a full range of processes including purchase orders, forecasting, capacity and inventory collaboration as well as quality management and coordination around supply risk.

Supply Chain Planning Software 139

Supply Chain Planning Software Supply Chain Software Collaboration Supply Chains 139

Logistics Viewpoints

SEPTEMBER 4, 2023

There are different tools, goals, and market dynamics. We did not have a great spot tool.” Simmons always does an ROI analysis prior to purchasing a solution. A procurement tool can help shippers get better rates. We’ve tracked carrier compliance using the tool for the past three months.

Procurement Solutions 136

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 136

SYSPRO Smarter ERP

MARCH 9, 2022

ERP tools share a common process and data model, covering broad and deep operational end-to-end processes, such as those found in finance, HR, distribution, manufacturing, service and the supply chain. This enables the procurement department to know when new purchase orders have to be placed. What is Customer Relationship Managament?

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

SYSPRO Smarter ERP

MAY 30, 2022

Using ERP to improve purchasing transparency. Purchases that are made outside the defined procurement process fall under dark purchasing. This may happen if someone with purchasing authority neglects to submit expenses properly. Such uncontrolled spending can ultimately be expensive for the business.

Manufacturing Procurement 105

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 105

Material Handling and Logistics

OCTOBER 30, 2018

Start by making the purchasing experience a pleasure rather than a hassle. A leading Telecom provider realized they had an untapped source of revenue in used handsets so configured their sourcing tool to run forward auctions, generating tens of millions in new revenue. Boost Your Employees. How do you do that?

Optimal Sourcing 166

Optimal Sourcing Procurement Solutions Procurement Analytics Procurement 166

Ship Monk

JULY 18, 2024

Most importantly, it should fully integrate with your shopping cart, website, mobile app, social sales channels, marketplaces, retailers, payment systems, EDI and ERP systems, and any other app or tool you use to manage your business. It should have robust tools for data analysis, reporting, tracking, forecasting and managing inventory.

Inventory Reduction 111

Inventory Reduction Cost Reduction Price Reduction Supply Chain Planning Software 111

Logistics Viewpoints

OCTOBER 17, 2024

Leverage Data and Digital Tools for Supply Chain Collaboration Utilize technology platforms that provide process orchestration and community driven insights to gain deeper visibility into the entire supply chain.

Supply Chain Planning Software 142

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 142

Logistics Bureau

NOVEMBER 30, 2024

This involves replacement parts, tools, and labor needed to restore functionality. Forecasting for each materials segment will probably need to be aided by the software tool most appropriate for the category. Do you know the depletion rate of your MRO-related inventory?

Inventory Reduction 67

Inventory Reduction Inventory Procurement Solutions Supply Chain Planning Software 67

Logistics Viewpoints

DECEMBER 17, 2024

Advanced TMS systems should provide tools to visualize these relationships, enabling managers to make strategic choices that comprehensively balance costs, efficiency, and sustainability. Similarly, modern TMS solutions need to proactively quantify sustainability metrics to achieve the multi-faceted goals of todays supply chains.

Supply Chain Planning Software 94

Supply Chain Planning Software Supply Chain Software Procurement Solutions Optimal Sourcing 94