Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Unleashed

DECEMBER 6, 2021

For any wholesale business, software has become critical to survival. So what should you keep an eye out for when you’re shopping around for wholesaling software? Learn more: Handle your wholesale orders with confidence Why is dedicated software so crucial for a wholesale SME? That place in between? split shipments). ?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Easily connect high-value tools that utilise new data capabilities, like ERP, inventory management for manufacturers, smart accounting software, CRM, etc. Cloud technology accelerates.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Logility

JANUARY 4, 2022

4, 2022 – Logility, Inc., 4, 2022 – Logility, Inc., We are excited to help businesses better manage supply chains by operationalizing weather impact analytics within their Logility solutions,” said Scott Bernhardt, president, Planalytics. Logility is a wholly owned subsidiary of American Software, Inc. ATLANTA – Jan.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

EC Sourcing Group

SEPTEMBER 6, 2022

A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution. Read on to learn more about how the best eSourcing software can support green supply chain management, and the benefits of opting for green supply chains. .

Material Savings 52

Material Savings Waste Reduction Supply Chain Software Vendor Strategies 52

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. A stimulus on the horizon further increases the risks of a higher trend in consumer purchasing. transportation metrics ?that

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Enterra Insights

MAY 31, 2022

But in an increasingly digital world, extending beyond enterprise boundaries from sourcing to customer engagement is now essential to achieve sustained competitive advantage.”[3]. The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ”[3]. Concluding Thoughts.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Scope 1 emissions include direct emissions from the company’s owned and controlled sources. Scope 2 emissions are indirect emissions from purchased energy. PepsiCo has farmers they directly source from.

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

The Logistics & Supply Chain Management Society

MAY 28, 2022

This evaluation also needs to consider sourcing the technology, implementation and support services necessary to enable the desired outcomes. This becomes increasingly important when we look at the overall digitalization trend, with factory data expected to grow by 400% from 2021 to 2025 (source IDC Manufacturing Insights).

Supply Chain Software 130

Supply Chain Software Supply Chain Network Software Modeling Software Demand Planning Software 130

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods. In the case of manufacturers, it means procuring green and sustainable raw materials. Download Now!

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Game Changer

AUGUST 23, 2022

Investopedia defines the Cash Conversion Cycle as “a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. The O2C cycle starts when a customer makes a purchase and runs through the company’s entire order processing system.”

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. The links below are paid links.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Investments in Transportation solutions is imperative.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 72

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Enterra Insights

APRIL 25, 2023

”[3] He continues, “No matter the data source (e.g., The site explains each goal this way: • Prevent food waste at the source by storing food optimally, making use of every edible part of the ingredient and planning meals ahead of time. UN’s FAO, U.S. Inspire others to waste less, and repurpose more.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

QAD

JULY 7, 2022

The concept of ethical sourcing has risen in popularity during the past four years.” . In April 2022, allegations arose claiming children as young as 10 in Ghana , West Africa were harvesting cocoa beans for food industry giant Mondel?z found that consumers would stop purchasing brands with ethics issues. Let’s break it down.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 98

Arena Solutions

APRIL 4, 2023

As the list of new technologies and innovative software solutions keeps mounting, graduates are excited by the prospects of learning and using new technologies like cloud CAD/CAM software, 3D printing, cloud-native product lifecycle management (PLM), quality management systems (QMS), and robotics. Mexico’s proximity to the U.S.

Manufacturing Procurement 73

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 73

Arena Solutions

OCTOBER 12, 2023

In 2022 alone, the global aerospace and defense market size has grown from $795.92 A QMS typically aligns with your product lifecycle management (PLM) solution and your product innovation goals. Christine said, “I have used internal audits as the baseline to improve our overall business metrics. billion to $855.62

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

o9 Solutions

JANUARY 25, 2023

This blog explores how policy developments such as the digital product passport (DPP) alongside supply chain software can play a role as enablers. CO2 footprint, water use) ( Global Battery Alliance, 2022 ; European Commission, 2019). What is the digital product passport (DPP)? These range from mineral extraction (e.g.,

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Supply Chain Game Changer

SEPTEMBER 28, 2022

Thus a website is your strategic source of revenue and brand visibility , which are important considerations before redesigning your website. The website’s metrics will show which solution is effective and which doesn’t work, informing further redesign efforts. The simplest tool for auditing a website is Google Analytics.

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85

Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. When you think of sustainability, you might think of CPG brands practicing ethical sourcing or using recyclable packaging. At the end of 2022, Tesla delivered its first semis to PepsiCo.

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

Elementum

MARCH 27, 2018

million metric tons (or 60% of the world’s supply). million metric tons. Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. Volkswagen recently announced plans to invest €34 billion ($42 billion) in battery-powered cars by 2022.

Resource Reduction 87

Resource Reduction Resources Manufacturing Procurement Congo 87

o9 Solutions

NOVEMBER 10, 2022

Within an organization, sustainability data is found in environmental, procurement, financial, product lifecycle, regulatory compliance, human resource management, ERP, and logistics systems (e.g., For example, supplier sustainability performance is an important criterion in sustainable sourcing decisions. WMS and TMS). Data sharing.

Supply Chain Planning Software 52

Supply Chain Planning Software Data Optimal Sourcing Procurement Analytics 52

Logistics Viewpoints

AUGUST 7, 2023

Around the world, 1 million plastic bottles are purchased every minute. Solving the Problem Plastic is a low cost, durable product that has allowed packaged foods to be purchased at lower cost with less wastage. Packaging economics and the ability of industry to generate safe alternative solutions at scale come into play.

Procurement Analytics 170

Procurement Analytics Purchasing Skills Waste Reduction Expense Reduction 170

Supply Chain Game Changer

MAY 27, 2022

Source: Google. Source: Twitter. Source: fabrikbrands. To do that, you can hire a professional, or you can use software to do that for you. If you want to provide the best customer experience , you need to understand their needs and offer a possible solution to their problems. Understand customer journey.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

Taulia

JULY 11, 2023

A 2023 report by Glow and NIQ shows that half of surveyed consumers changed the food and grocery brands they purchase based on ESG considerations, for example. A 2022 survey by EY revealed that eight in ten supply chain executives are increasing their efforts toward sustainable supply chain operations.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

Ware2Go

APRIL 11, 2023

The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers. In 2022 alone, eCommerce returns generated 9.5 This likely does not account for the impact of reverse logistics. million cars to the road.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. I had to transcend beyond the mechanics of Supply Chain Management and apply the tool and techniques associated with the Art of Supply Chain Management. Infographic).

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

Intelligent Audit

FEBRUARY 17, 2022

Maersk , a global leader in transportation, supply chain and logistics management, and general freight, announced February 9, 2022, “The intended acquisition of Pilot Freight Services (Pilot), a leading U.S.-based Future-Proof Your Shipping Strategy With a Single Source of Truth in Logistics Data With Intelligent Audit.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Elementum

MARCH 27, 2018

million metric tons (or 60% of the world’s supply). million metric tons. Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. Volkswagen recently announced plans to invest €34 billion ($42 billion) in battery-powered cars by 2022.

Resource Reduction 60

Resource Reduction Resources Manufacturing Procurement Congo 60

Locus

JULY 24, 2023

For instance, 41% of global shoppers expect same-day delivery for their purchases. accounting for 61 billion empty miles and 87 million metric tons of unnecessary annual emissions. Value of load matching in the last mile: In 2022, last-mile delivery witnessed a significant increase in total marginal costs , with a rise of 21.3%

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

Logistics Viewpoints

APRIL 14, 2023

We have software updates planned to improve our fog and parking performance to address such situations in the future.” In a blog post, Yum noted it is transitioning away from plastics and developing new packaging solutions as part of that policy. “After a brief stop, the vehicles cleared the area as the fog began to clear.

Logistics Network Optimization Software 205

Logistics Network Optimization Software Cost Reduction Strategies San Francisco Price Reduction 205

ShipBob

NOVEMBER 15, 2022

Understanding your key performance metrics, sales data, site performance, and channel efficiency will uncover meaningful insights about your business and customer loyalty. What are different types of Shopify reports and metrics? Note which key metrics to keep a pulse on. Different types of Shopify reports and metrics.

Procurement Analytics 52

Procurement Analytics Analytics Software Predictive Analytics Analytics 52