Logistics, Planning and Procurement - Business Analysis Digest

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Logistics

Planning

Procurement

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From Procurement to Distribution: Optimizing the Supply Chain with EDI

Astera

AUGUST 3, 2023

How EDI Can Optimize the Supply Chain Procurement Implementing EDI in the supply chain enables the automation of the entire procurement process. Overall, these benefits help to improve efficiency, reduce costs, and enhance the accuracy of the procurement process.

Supply Chain Procurement Logistics Documentation

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Leverage Blockchain Technology for Supply Chain Management

BizAcuity

JULY 15, 2022

Quite recently, the logistics industry was introduced to Edge and Fog cloud computing , to make the use of IoT devices (for analytics) cost-effective and efficient. This also meant leveraging blockchain technology for supply chain management could revolutionize the logistics industry forever. Industry 5.0

Supply Chain IBM Support IBM Maintenance Procurement

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Becoming an Intelligent, Sustainable Enterprise with SAP

Timo Elliott

FEBRUARY 1, 2022

With SAP, Roche used the predictive planning capabilities offered by the SAP Analytics Cloud solution, and implemented S/4HANA, allowing years of historical data to be leveraged to enable more accurate and harmonized forecasting in a matter of hours rather than weeks. They were also to reduce their supplier onboarding times by over 40%.

Supply Chain Procurement Innovation Digital

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Scaling your supply chain for ecommerce

Ntara

DECEMBER 16, 2021

Supply chain is a complex and intricate orchestration of technology, planning, process, and communication. It starts with the procurement of raw materials and ends with the finished product in the hands of your customer, with a plethora of actions between. What is supply chain? What can you expect to find in this data?

Supply Chain Logistics Procurement Monitoring

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How Machine Learning And Contract Management Go Together

Smart Data Collective

DECEMBER 23, 2019

A cohesive strategy behind your contract management process can help your organization avoid missed deadlines, expiration windows, logistical hang-ups, and increased liabilities that can hurt your company’s chances of success. Have a plan for how your business should be handling contracts. a more streamlined processes.

Procurement Artificial Intelligence Documentation Logistics

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KPI Management And Best Practices: How To Find The Perfect KPI Solutions?

Data Pine

FEBRUARY 9, 2024

Not every venture includes plans for expansion – and that’s okay. Actionable: KPI results produce data that influences a plan of action. Finally, once you know what to measure and how to measure it, you should agree on an action plan with other key stakeholders across the organization.

Procurement Supply Chain Retail Monitoring

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Generative AI – Next Frontier for Fashion Transformation

Inflexion Analytics

APRIL 18, 2024

Optimized Inventory Management and Logistics Generative AI plays a pivotal role in addressing supply chain challenges, particularly in mitigating demand volatility, which is essential in the ever-fluctuating fashion domain.

Supply Chain Artificial Intelligence Logistics Retail

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AI in Supply Chain: Data Extraction Revolution

Astera

APRIL 10, 2023

Procurement analysis : AI-driven data extraction can provide valuable insights into purchasing patterns and supplier performance, enabling businesses to make more informed decisions about sourcing and vendor selection.

Supply Chain Documentation Logistics Procurement

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AI in Supply Chain: Data Extraction Revolution

Astera

APRIL 10, 2023

Procurement analysis : AI-driven data extraction can provide valuable insights into purchasing patterns and supplier performance, enabling businesses to make more informed decisions about sourcing and vendor selection.

Supply Chain Documentation Logistics Procurement

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A Guide To The Top 14 Types Of Reports With Examples Of When To Use Them

Data Pine

JANUARY 18, 2023

Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others. Rather is the sales department, customer service, logistics, or finances, this specific report type help track and optimize performance on a deeper level.

Procurement Logistics Retail Visualization

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Best Dashboard Ideas & Design Examples To Boost Your Business Success

Data Pine

JANUARY 28, 2020

From financial dashboard design and KPI dashboard design to analytical design and beyond, these best dashboard design examples will not only demonstrate the power of modern data analytics done the right way, but they will also inspire your own plans and ideas. 8) Procurement KPI Dashboard. 1) Marketing KPI Dashboard. Primary KPIs.

Procurement Logistics Visualization Digital

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Leveraging AI and Workflow Automation in Manufacturing

Argon Digital

JULY 21, 2023

Business Processes Improved by AI The implementation of AI can transform various business processes in manufacturing, including: Production Planning : AI algorithms can optimize production schedules, taking into account factors such as machine availability, workforce capacity, and material availability.

IBM Maintenance

IBM Maintenance IBM cost IBM Support Supply Chain

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Introduction To The Basic Business Intelligence Concepts

Data Pine

MAY 9, 2019

The digestible patterns and information served up by online BI tools and solutions offer a viable means of predicting future outcomes and putting plans in place to either prevent calamities from occurring or take advantage of potential trends before your competitors. Plan successful marketing activities. 2) The data warehouse.

Business Intelligence

Business Intelligence Business Intelligence Procurement Data Warehouse

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Reinventing Supply Chain Data Management with AI-Powered Document Data Extraction

Astera

APRIL 9, 2023

The Invoices detail the products or services provided, their quantities, and prices, while purchase orders are official requests made by buyers to procure specific goods or services. These errors can have far-reaching consequences, impacting everything from financial records to inventory management and logistics planning.

Supply Chain Documentation Data Management Artificial Intelligence

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Reinventing Supply Chain Data Management with AI-Powered Document Data Extraction

Astera

APRIL 3, 2023

The Invoices detail the products or services provided, their quantities, and prices, while purchase orders are official requests made by buyers to procure specific goods or services. These errors can have far-reaching consequences, impacting everything from financial records to inventory management and logistics planning.

Supply Chain Documentation Data Management Artificial Intelligence

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EDI Standards: A Comprehensive Guide

Astera

AUGUST 1, 2023

From retail and healthcare to manufacturing and logistics, businesses across a diverse array of sectors are embracing EDI as the universal language of data exchange. By adhering to these standards, automotive organizations can achieve efficient production planning, accurate tracking of shipments, and effective inventory management.

Supply Chain Retail Healthcare Documentation

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The Power of EDI in Retail: Enhancing Collaboration & Speed

Astera

AUGUST 3, 2023

By leveraging EDI, retailers can streamline their procurement processes, enhance inventory management, and ultimately deliver a more seamless and satisfying experience to their customers. This visibility allows for effective inventory planning, reducing the risk of stockouts and overstock situations.

Retail

Retail Supply Chain Documentation Digital Transformation

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A Complete Guide On How To Set Smart KPI Targets And Goals

Data Pine

JUNE 22, 2022

For example, if you own a retail business and want to improve your logistics processes, you can look into what successful companies in the logistics industry are doing and generate attainable objectives for yourself. The SUM is a metric that tracks the percentage of spending that is actively managed by the procurement manager.

Procurement Monitoring Logistics Retail

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A Beginner’s Guide To Inventory Metrics And Best Practices

Data Pine

AUGUST 19, 2020

Inventory metrics can be common to different industries, and it is no surprise that you can identify one as a logistic KPI , but also see it listed as a retail KPI for instance. It is a good indicator when it comes to efficient production planning, process, marketing, and sales management. b) Inventory analytics dashboard for retail.

Supply Chain Retail Visualization Monitoring

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Supply chain management guide: what it is, why it matters, and how to modernize it

Monday

MARCH 31, 2021

Creating a strategy is the first step of supply chain planning. Logistics: handle materials and deliver the products to customers or retailers. Logistics management is the vascular system of your business’ supply chain. You can start demand planning based on leads in the sales pipeline, not just done deals.

Supply Chain Retail Big Data Real-time Data

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20 Best Logistics KPIs and Metric Examples for 2022 Reporting

Insight Software

NOVEMBER 16, 2021

What is a Logistics KPI? A logistics key performance indicator (KPI) is a quantitative tool used by businesses to measure performance within their logistics department. Logistics KPIs can measure a variety of metrics, most of which pertain to purchasing, warehousing, transportation, delivery of goods, and financials.

Logistics IBM cost IBM Maintenance IBM Support

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What is Supply Chain Management?

Insight Software

AUGUST 15, 2024

Broadly defined, the supply chain management process (SCM) refers to the coordination of all activities amongst participants in the supply chain, such as sourcing and procurement of raw materials, manufacturing, distribution center coordination, and sales.

Supply Chain IBM Support Procurement IBM cost

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Use Automation and Analysis to De-Fog Your Supply Chain

Insight Software

FEBRUARY 20, 2024

Angles provides real-time visibility into every stage of your supply chain, from procurement to delivery. Imagine procurement working hand-in-hand with sales, and manufacturing seamlessly aligning with logistics – a truly connected supply chain humming with efficiency. Identifying bottlenecks before they slow you down.

Supply Chain IBM Maintenance IBM Support IBM cost

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Use Angles for SAP to Measure, Analyze and Improve Your OTIF

Insight Software

JANUARY 13, 2023

At your company, teams are likely already experiencing the headaches caused by delays with logistics, shipments, and stock levels. Alignment between customer service, logistics, sourcing/procurement, fulfillment, and planning is important but complex because of siloed departments and teams. Measure customer satisfaction?

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