Personal ABM: An Account-Based GTM Firm’s Post

Precision in #sourcing is crucial for #procurement leaders, and advanced tech is making it possible. With strategic sourcing by commodity and part number, you can dissect data down to the SKU level, optimizing costs and improving supplier relationships. At Sourcing Insights , we leverage actionable analytics to enable smarter decision-making, turning complex data into actionable insights. This means better visibility into price trends, demand shifts, and performance benchmarks, all in real time. Let’s connect for a demo and bring tech-driven clarity to your procurement process.

Advanced tech is transforming data into actionable insights, enabling smarter #sourcing decisions and improved #procurement strategies. Brian Deno, our VP of Operations, shares how Sourcing Insights helps leaders optimize costs and supplier relationships with real-time analytics. #supplychain #supplychainmanagement #innovation #technology #distribution #business #SourcingShark

Evaluate your supply chain’s data maturity and implement dynamic analytics to improve planning and decision-making. Advanced strategies like strategic inventory planning and supply network redesign further strengthen resilience. Ready to build a resilient supply chain? Let’s connect! #datadriven #SoftServe #supplychain

👋 Hey folks! Happy Friday! 📈 The landscape of procurement is undergoing a seismic shift thanks to the integration of predictive analytics. As organizations strive for increased efficiency and cost savings, the role of data in shaping procurement strategies has never been more critical. By 2030, predictive analytics is projected to increase ROI in procurement by an astonishing 25%. But how will this transformation unfold? Let's talk about it for a sec. 📈 Predictive analytics transforms vast amounts of procurement data into actionable insights, enabling procurement professionals to anticipate market trends, optimize supply chains, and enhance decision-making processes. By leveraging historical data, predictive models forecast future spending patterns, identify potential risks, and uncover cost-saving opportunities. 📊 Through sophisticated data models, organizations can analyze spending patterns across different categories to identify areas of maverick spending and enforce policy compliance. For instance, advanced spend analytics tools allowed PPG Industries to achieve a 10% cost saving on a $200 million budget by reducing supplier count and centralizing spend visibility. 📄 Predictive analytics also equip procurement teams with data-driven insights to strengthen supplier negotiations. By understanding past purchasing data, procurement can forecast future price trends and better prepare for negotiations, ensuring favorable terms and cost efficiencies.📄 Embracing predictive analytics in procurement can set a new standard in cost efficiency and strategic foresight for your organization. With a projected 25% increase in ROI by 2030, now is the time for procurement departments to invest in the tools and training necessary to harness the full potential of predictive analytics. 🔵 Thinking Machine 🔵 can help you get to the next level of procurement excellence. Is your organization ready to transform its procurement strategy with predictive analytics? 📲 Reach out to us at sales@thinkingmachine.co and learn how our platform can help you navigate this shift and capitalize on the benefits of data-driven procurement. #predictiveanalytics #technology #saas #data #procurement

I found it fascinating that McKinsey & Company found that " ...67% of supply chain leaders have implemented digital dashboards to achieve end-to-end supply chain visibility, but only 6% report having full visibility. " This is why Cleo focus on ecosystem integration. We ask, "How else do those orders come in" and then we digitize so that full visibility is a reality and your sales & procurement teams can focus on their true priorities #supplychain #resilience #automation #procurement #customerservice #mckinsey #integration

It's true, we are boring. We are consistently up there among the best. If you want your operations to run smoothly, generate more revenues, cost less: choose Blue Yonder. If you want your operations to be so easy to run that it becomes boring: choose Blue Yonder. We are recognized in the 2024 Gartner® Critical Capabilities for Supply Chain Planning Solutions report. This year, we scored First in Product or Service for Supply Chain Planning. Explore our comprehensive capabilities. https://bit.ly/3JPwhWU #SupplyChain #Gartner

The Gartner Magic Quadrant for Supply Chain Planning Solutions has launched and we are so proud that Blue Yonder ranks NUMBER ONE ☝️ 🥇 in completeness of Vision. This also marks our 4th consecutive year in the Leader’s Top Right Quadrant. I’ve loved having a front row seat to seeing our customers react to the new technologies we are bringing forward, but - more importantly- seeing real value being achieved. https://lnkd.in/ef68cSdU #supplychainplanning #supplychaintechnology #businesstransformation

Subject: Reflecting on the Evolving Landscape of Supply Chain Planning As leaders in supply management we salute Blue Yonder's team and its fantastic achievements, we also continuously observe the industry's evolving dynamics and how they influence our strategic decisions. The recent announcement by Gartner, placing Blue Yonder at the forefront of the Supply Chain Planning Magic Quadrant for their completeness of vision, prompts a broader discussion about the direction in which our industry is heading. Blue Yonder’s achievement highlights the increasing role of innovative technologies such as Gen-AI, simulation, and advanced analytics in shaping supply chain strategies. These tools offer potential benefits like enhanced decision-making capabilities, improved efficiency, and the ability to respond dynamically to market changes. Their use of a micro-service architecture also suggests a shift towards more flexible, scalable solutions that can grow and adapt with a business. However, this evolution brings with it several questions we must consider: 1. What are the tangible impacts of these technologies on day-to-day operations and on the bottom line? 2. How do we balance the adoption of advanced technologies with the need for robust, understandable systems that our teams can manage easily and effectively? 3. In what ways should we prepare our workforce to integrate and leverage these innovations without disrupting existing workflows? As we integrate these advancements into our operations, it’s crucial to critically assess both their immediate benefits and long-term implications. https://lnkd.in/ehb6xEN2 Looking forward to your insights and experiences. #SupplyChainManagement #InnovationInSupplyChain #GartnerMagicQuadrant #SupplyChainTechnology #StrategicLeadership #DigitalTransformation #BusinessStrategy #Industry4_0 #ExecutiveInsight #ChangeManagement

83% of #supplychain leaders say that they are being asked to improve the #customerexperience. Gartner has a 4-step approach to making your supply chain customer-centric--and it's no surprise it revolves around #data.

🎤 Bitvore CIO Vera Silver recently had the opportunity to share her thoughts on the benefits of integrating advanced analytics into IT procurement processes with CIO Grid. 💡 She shared insights from our deployment of a data-driven procurement strategy powered by our risk analytics supply chain platform, in10.ai. This has been a transformative change that has enabled us to enhance our demand forecasting, trend analysis, and supplier performance evaluation, as well as improve our vendor selection process. Read more: https://hubs.ly/Q02nmsnv0