Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. Types of Procurement Analytics.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Robotics enabled with AI and ML augment the work of humans in warehouses and distribution centers. Artificial Intelligence AND Machine Learning.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019.

Supply Chain Design Software 278

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 278

Supply Chain Shaman

OCTOBER 13, 2022

The gap between logistics and procurement; and logistics and customer service increases process latency. Inventories increased by 44% due to supply chain volatility. Inventories grew year-over-year by 43%. Coming off a period of high growth, companies are struggling with margins and inventory. See the pattern?

Supply Chain Planning Software 217

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 217

ShipBob

SEPTEMBER 24, 2021

Fast fulfillment starts with proper warehouse management , which determines how efficiently you receive, track, and store inventory in a way that gets customers orders out the door faster. But how do you know if a warehouse is performing well? What are warehouse key performance indicators (KPIs)?

Optimal Sourcing 52

Optimal Sourcing Warehousing Inventory Reduction Inventory Management Software 52

Supply Chain Shaman

FEBRUARY 14, 2022

Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Deployment of deeper statistical engines for inventory management with a focus on safety stock will improve inventory levels. Industries carried on average 32 days more inventory in 2020 than in 2007.

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

Supply Chain Shaman

NOVEMBER 15, 2021

Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Inventories in the chemical industry are at record lows: a forerunner of bad days ahead. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 195

6 River Systems

DECEMBER 13, 2019

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. Not only does warehouse optimization result in a healthier bottom line, but it also improves key warehouse metrics like accurate orders and on-time delivery.

Optimal Sourcing 81

Optimal Sourcing Optimization Software Price Mitigation Strategies Modeling 81

ToolsGroup

MARCH 17, 2020

Macro events like the Coronavirus crisis trigger demand volatility that affects every link in your global supply chain—from the raw materials you procure to setting safety stock levels to planning logistics and promotions. 24 June 2019 – ID G00711287. Use demand modeling to fine-tune demand forecasts.

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Supply Chain Shaman

MAY 30, 2019

In parallel, three more raised their hands to speak on robotic automation in their warehouses focused on the redefinition of channel fulfillment. When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession. When the recession of 2019-2020 happens, the whiplash will be higher than the 2007 recession.

Inventory Reduction 197

Inventory Reduction Waste Reduction Cost Reduction Strategies Sourcing Strategies 197

Enterra Insights

JANUARY 7, 2020

Supply chains will be able to procure, source, manufacture and handle logistics across a broad array of players including small to medium businesses. Intelligent order management: Supply chains will orchestrate the perfect order and master inventory visibility. Prediction 2. ” Prediction 3. ” Prediction 4. 5] Barton, op.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 100

Logistics Viewpoints

MARCH 29, 2021

Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects. A Value-Added Service (VAS) team can provide on-site management, installation, equipment, inventory management (just-in-time deliveries), heating solutions, and testing.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

AFFLINK

MAY 17, 2019

How will these supply chain trends shape 2019? Unless stores want to maintain a constant inventory of all of their available products, they need technology and better warehouse management. Forecasted inventory management. Express Shipping and In-Store Pickup: The Proliferation of Immediacy.

Supply Chain Software 72

Supply Chain Software Agile and Lean Supply Chain Inventory Management Software Predictive Analytics Software 72

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. The shifts in growth from 2019-2021 are dramatic. The decline in inventory turns uses cash. My question is, “Why?”

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

Supply Chain Matters

AUGUST 7, 2023

While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ” warehouse workers in June of 2022. There were 1.96

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Imports from Asia to the United States increased by 40% from 2019 to 2021, while the volume of exports remained almost unchanged. Financial Times).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Shaman

OCTOBER 29, 2020

Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Inventory.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

ToolsGroup

SEPTEMBER 15, 2020

Global supply chains are fundamentally rearranging and there’s a lot of reflection on how the urge to optimize efficiency (whether it was offshoring manufacturing to keep labor costs down, or making supply chains very lean to cut inventory costs) made supply chains more fragile. How has this year changed the way you market technology? .

ToolsGroup 234

ToolsGroup Supply Chain Planning Software Supply Chain Software Modeling 234

Supply Chain Matters

MARCH 7, 2023

The February 2023 GSPI dropped to a negative value for the first time since August 2019, in essence signaling a return to normal pressures and now below pre-pandemic levels. A further significant change noted was Warehousing Capacity moving back into expansion levels by 10.2 The chairperson of the U.S.

Supply Chain Software 52

Supply Chain Software Supply Chain Cost Reduction Strategies Inventory Reduction 52

ToolsGroup

SEPTEMBER 25, 2019

September 26, 2019) A new study by ToolsGroup, a global leader in supply chain planning software, and Spinnaker, a supply chain services company, has found that only 7% of companies are reaping the benefits of digital transformation of supply chain planning. BOSTON, Mass. and HOUSTON, Tex.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

BlueYonder

JANUARY 21, 2021

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. Please stay tune for part 3 on more about networks, new definition of collaboration, and on-demand transportation, labor and warehousing. [1]

Agile and Lean Supply Chain 86

Agile and Lean Supply Chain Supply Chain Execution Optimal Sourcing Supply Chain Software 86

Stord

JULY 7, 2019

Monday, July 8, 2019 Meet Jamil, our first operations intern, and learn why he chose STORD and how his work here will leave a lasting impact. Helping to compile a database of warehouses to speed up the procurement process with Network Services. Why did you choose to intern at STORD? What do you do at STORD?

Pennsylvania 78

Pennsylvania Atlanta Optimal Sourcing Course 78

Logistics Viewpoints

FEBRUARY 28, 2022

A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. But that was pre-COVID. But after the pandemic hit their safety stock was increased by 30%.

Optimal Sourcing 282

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 282

ShipBob

OCTOBER 11, 2021

The success of a direct-to-consumer (DTC) brand relies heavily on its ecommerce operations — from product procurement to distributing inventory , to shipping customer orders. . Warehouse management. Receiving and managing inventory. Operations planning often starts with warehousing. How will you track inventory?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Management Software Supply Chain Software Inventory Reduction 52

SupplyPike

MAY 27, 2020

Learn about: Cross-docking Walmart’s inventory technology Shelf-scanning robots Vendor-management inventory. Walmart’s global inventory is worth more than $32 billion on any given day and presently operates more than 11,500 stores across 27 countries. Walmart’s inventory strategy primarily revolves around cross-docking.

Vendor Strategies 74

Vendor Strategies Inventory Reduction Price Reduction Sourcing Strategies 74

Supply Chain Matters

JUNE 7, 2023

Noted was a late May decline, largely driven by a more pronounced shift in inventories in the second half of May, reflecting a higher rate of expansion in the first half. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Logistics Material Savings 52

Supply Chain Matters

AUGUST 8, 2022

that we have not seen since April of 2019. Warehousing and Inventory metrics continue to buoy the logistics sector. Inventory Levels remain high (and are responsible for dragging down U.S. Inventory Levels remain high (and are responsible for dragging down U.S. Additional Supply Chain Matters Perspectives.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Logistics Viewpoints

APRIL 15, 2022

Market fulfillment centers are a compact, modular warehouse built inside or added to a store, which, in addition to fresh and frozen items, can store thousands of other items. Walmart began piloting its first market fulfillment center in Salem, NH in 2019 and recently announced it is planning dozens of locations, with many more to come.

Los Angeles 185

Los Angeles Logistics Network Optimization Software Procurement Analytics Supply Chain Planning Software 185

Requis

MARCH 10, 2020

With an uptick in media reports on environmental crises like the Australian bush fires of 2019, there has been a renewed sense of urgency on climate change issues. – UN report: Global Resources Outlook 2019. Based on a number of sources, we estimate that the Global 2000 spends around $12T annually on procurement of new assets.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Sustainability Waste Reduction 52

CH Robinson Transportfolio

DECEMBER 20, 2018

Will this trend continue into 2019 and beyond? 2019 Ocean Shipping Trends. As we head into 2019, here are a few things to consider and keep in mind: Supply and demand. In 2019, overall capacity is projected to increase by less than 3%, but global trade is predicted to grow around 6%. This will continue in 2019.

Trends 39

Trends Shipping Negotiating Skills Demand Planning Software 39

ModusLink Corporation

NOVEMBER 18, 2021

When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Sustainable procurement: consists of environmentally friendly purchasing that carry reduction, reuse, and recycle. Do you need help figuring out how to become more Sustainable? Retrieved from Ikea.com. Retrieved from Kobo360.com.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Enterra Insights

SEPTEMBER 12, 2019

Lack of Inventory Visibility and Metrics. Carrying inventory is a necessary evil. Too much inventory means profits are eaten away by storage costs. Too little inventory and sales opportunities are lost. Poor Visibility into Inventory in Transit. They are: 1. Overlooking Physical Transformation.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

ShipBob

SEPTEMBER 29, 2021

From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. Stages of the retail logistics process includes warehouse receiving , inventory management, fulfillment, and shipping.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

EC Sourcing Group

DECEMBER 17, 2018

Agreed to build a small warehouse next to the producer’s facility to streamline the supply chain. Agreed to Net 45 payment terms based on inventory pull – the company had previously paid 50% six months in advance for each order. Most people in procurement dislike change. Shortened lead time from 6 months to less than a week.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Negotiate Pricing Quality 40

Vinculum

JUNE 15, 2020

Warehousing is critical in movement of goods from manufacturer to the end customer. Whenever we come across this term ‘Warehouse’, we imagine a big closed place which is used for storage of the goods to be transported, whether inbound or outbound, trucks moving to and fro, lot of labourers would be working etc. during 2019-2024.

Warehousing 52

Warehousing Inventory Reduction Cost Reduction Strategies Resource Reduction 52

Supply Chain Matters

JUNE 21, 2022

As inventory-to-sales ratios dropped to near record lows, inter-modal logistics networks were forced to try to manage and synchronize essentially just-in-time material movements which were out of sync in many important dimensions. percent over 2019. Rising Costs of Warehousing. Warehouse vacancy rates reportedly fell from 5.1

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52