The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. Developments. The halal industry is a fast-growing industry. Current practices.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

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. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Unleashed

AUGUST 3, 2021

The growth in pet ownership in 2020-2021 has seen unprecedented demand in the pet food sector – a true industry boom. This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. In 2021, sales in these categories are projected to grow?an tended to buy their?pet companions?as

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. The simplified assumptions allow companies “to manage margins, supply chain costs, and inventories”, but “it does not enable them to manage enterprise costs, profit, and working capital.”

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 238

Supply Chain Game Changer

AUGUST 30, 2021

Goldratt and Jeff Cox convey lessons in improving processes and operational excellence through a story about a small-town factory that’s heading for disaster. He puts the supply chain at the heart of the relationship between costs, service and cash to offer a competitive edge. The Goal: A Process of Ongoing Improvement.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. 84% of consumers have purchased a sustainable product in the past six months, which is up from 67% in 2021.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Supply Chain Shaman

APRIL 27, 2022

Supply chain excellence is easier to say than to explain. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.) The reason?

Procurement Analytics 360

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 360

Supply Chain Game Changer

DECEMBER 2, 2021

Apart from changing company structures , business process outsourcing is another excellent business process management technique that assures success. Running a business involves handling several tasks, including compiling reports, filing due taxes, payroll, updating your website, and more. Human Resources.

Vendor Strategies 91

Vendor Strategies Supply Chain Design Software Resource Reduction Purchasing Skills 91

o9 Solutions

MAY 26, 2021

There is a realization that to run an exceptional supply chain, it takes a commitment to leverage data and advanced analytics to make smart, fact-based decisions, while continuously evolving product offerings, supply chain strategies, and execution capabilities. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

There is a realization that to run an exceptional supply chain, it takes a commitment to leverage data and advanced analytics to make smart, fact-based decisions, while continuously evolving product offerings, supply chain strategies, and execution capabilities. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). Data scientists know that to build accurate machine learning models (e.g.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

ShipBob

SEPTEMBER 27, 2021

This resource is a great tool for everyone from the CEO to Ecommerce Director, and everyone in between. Dollar discounts, percentages off, buy one, get one deals, and free shipping are great incentive options to entice new and returning customers to make a purchase (or deplete old inventory). Strong analytical skills.

Inventory Reduction 59

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 59

SupplyShift

DECEMBER 6, 2021

In early 2021, the Association for Supply Chain Management (ASCM) gave the Economist Intelligence Unit (EIU) permission to dig deeper with a report into companies and their end-to-end supply chain visibility— The Resilient Supply Chain Benchmark. But it’s not just about understanding risk. We explain some of the biggest benefits below.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

SupplyShift

DECEMBER 6, 2021

In early 2021, the Association for Supply Chain Management (ASCM) gave the Economist Intelligence Unit (EIU) permission to dig deeper with a report into companies and their end-to-end supply chain visibility— The Resilient Supply Chain Benchmark. But it’s not just about understanding risk. We explain some of the biggest benefits below.

Supply Chain Software 52

Supply Chain Software Supply Chain Network Software Supply Chain Demand Planning Software 52

ShipBob

SEPTEMBER 27, 2021

This resource is a great tool for everyone from the CEO to Ecommerce Director, and everyone in between. Dollar discounts, percentages off, buy one, get one deals, and free shipping are great incentive options to entice new and returning customers to make a purchase (or deplete old inventory). Strong analytical skills.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Price Reduction Cost Reduction Strategies 52

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 By entrusting warehouse services to third-party providers (3PL or 2PL), businesses can save resources otherwise allocated to staffing, equipment, and maintenance.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Precoro

MAY 8, 2023

With over 1,000 students, the school purchases a lot of supplies for students as well as office supplies for the administration. We had the chance to discuss the school's initial approach to procurement compared to its new, automated process using software with Caroline Hickey, Business Associate at CCPCS.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Price Reduction Vendor Strategies 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. A further 41% said they buy multiple versions of the same item with the intent of returning some of them. This means the cost of returns must be factored into the pricing of your goods.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Requis

MAY 22, 2020

In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Meanwhile, salespeople for suppliers were trying to work around procurement. When they get it, they have to put it in Excel and clean it, and then put it in a PowerPoint so they can show it to people.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

ShipBob

SEPTEMBER 29, 2021

As ecommerce sales continue to grow throughout 2021, it’s time for online retailer to rethink their retail logistics strategy to meet customer demands, lower shipping costs, offer faster shipping options, and improve the overall customer experience. . Procuring inventory. The analytics are super helpful.

Optimal Sourcing 52

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

Unleashed

AUGUST 28, 2022

Specific aspects of managing inventory include procurement, storage, and utilisation tracking. In 2021, the global demand value in North America for spare parts and consumables relating to maintenance and operations reached over USD 150 billion. Moreover, purchasing teams can leverage bulk orders to get a better price.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The biggest benefit of cloud technology and cloud-based commerce networks is that they allow organizations to leverage large pools of IT resources without the need to build and maintain data center infrastructure. Advanced and predictive analytics. Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 298

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

Logistics Bureau

APRIL 11, 2019

The supply chain and logistics workforce in Australia will grow to around 161,000 persons by 2021-22, an increase of around 16,000 workers. Source: Deloitte Report – The Future of Work. Aiding in purchasing and inbound logistics management. Buyer or Purchasing Agent. What Does a Supply Chain Analyst Do?

Supply Chain Planning 56

Supply Chain Planning Security Logistics Network Optimization Software Purchasing Skills 56

Vinculum

APRIL 14, 2021

With the breakout of the COVID-19 virus last year and a sudden surge of cases due to the second wave this year, We can only imagine that the number of companies adopting Omnichannel would have skyrocketed even more in 2021. This helps the company ensure that their omnichannel resources provide for these specific needs.

Omnichannel 52

Omnichannel Analytics Software Demand Planning Software Optimization Software 52

ShipBob

APRIL 13, 2021

However, there is a wide range of metrics that you should be tracking to help your online store grow. Why ecommerce performance metrics are important. An example of an ecommerce key performance indicator is having a goal of generating 1,000 new customers by the end of 2021. Costs of goods sold (COGS). Table of Contents.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Unleashed

OCTOBER 14, 2020

Enterprise Resource Planning software (ERP), is an excellent tool for running the business as a whole due to its ability to integrate finances, human resources, suppliers, clients, inventory management, and manufacturing. ERPs are excellent for the following predominant reasons: Cask management. ERP for breweries.

Inventory Management Software 111

Inventory Management Software Demand Planning Software Supply Chain Network Software Forecasting Software 111

IQMS

NOVEMBER 29, 2018

Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

HICX Solutions

JANUARY 27, 2022

The turbulent events of 2020 and 2021 have brought the world to a virtual standstill and with it a realization of just how dependent organizations are on their supplier communities. SRM allows for transparency and perspective for the supplier on how their customer, the buying organization, perceives them and their services.

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98

Logility

JANUARY 28, 2022

There has been a collective sense that 2021 was going to be the pivot, the year in which we would turn our backs on the pandemic and look forward to a better future. A 2021 McKinsey report suggests that COVID has put supply chain risk on everyone’s radar. And it was only the beginning.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 130

NC State SCRC

MAY 4, 2022

Price analysis is a subject that is often overlooked in supply chain education, (although it is certainly a big part of our chapter on Strategic Cost Management in Purchasing and Supply Chain Management ). By the way, don’t forget that I told you inflation was coming on strong, back in June 2021!

Purchasing Skills 59

Purchasing Skills Analysis Optimal Sourcing Procurement Solutions 59

Logility

MARCH 24, 2021

The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. You need to examine revenue, cost and margin impacts of every scenario under consideration.

Supply Chain Planning Software 175

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 175

Supply Chain Game Changer

JULY 15, 2021

Lead time is the length of time it takes from when a purchase order is generated to when an item is delivered. You can use the extra money to buy stock or extend your marketing reach. If you are still manually entering data and purchase orders, consider shifting to an automated system. What is lead time?

Inventory Reduction 98

Inventory Reduction Material Savings Price Reduction Manufacturing Procurement 98

Vinculum

JULY 7, 2020

For the rest of this year and into 2021, consumers are going to have different expectations for their shopping experience, particularly when it comes to health and safety precautions. These are: Proactive health-minded buying (purchasing preventative health and wellness products).

Supply Chain Planning Software 52

Supply Chain Planning Software Analytics Software Demand Planning Software Retail 52

SCMDOJO

MAY 18, 2023

They believed that physical presence in the office was essential for tasks such as planning, supplier communication, or key performance indicator reporting. In recent years, PSaaS has gained significant traction as organizations seek to streamline operations and optimize resource allocation.

Supply Chain Design Software 103

Supply Chain Design Software Supply Chain Planning Software Modeling Software Supply Chain Network Software 103

ShipBob

DECEMBER 27, 2021

Essentially, a distribution partner works with a merchant to physically get the merchant’s products in front of customers, into a marketplace, or into the hands of customers who purchased the products. An established distributor, however, will have already invested in the necessary resources. You need better supply chain logistics.

Distribution 52

Distribution Inventory Reduction Supply Chain Planning Software How To 52

Unleashed

NOVEMBER 22, 2021

In April 2021 the UK’s Chancellor of the Exchequer Rishi Sunak announced the country will be establishing eight new freeports – and there are high expectations for the positive impact these will have on areas where they are located. Freeports are big news right now. Read more: What is a Bonded Warehouse?

Supply Chain Design Software 98

Supply Chain Design Software Manufacturing Procurement Inventory Management Software Supply Chain Planning Software 98

HICX Solutions

NOVEMBER 11, 2020

World Procurement Congress 2020. Last week saw the conclusion of World Procurement Congress 2020 , which was rounded off on the final day with a discussion on supplier experience management. Digital Procurement Strategy & Vision.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 52