ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

SCMDOJO

APRIL 15, 2024

Cloud and Machine Learning services: Amazon Web Services (AWS) – Provides cloud computing infrastructure, storage solutions, and machine learning services to businesses and developers worldwide. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

crisp

APRIL 25, 2024

And what’s in store for 2024? Here’s a look at some of the takeaways from recent CPG earnings discussions, the headwinds and tailwinds brands are experiencing, and strategies for staying on course in 2024. Research shows that consumers care about sustainability performance and make purchasing decisions accordingly.

Demand Planning Software 52

Demand Planning Software Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 52

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Source: Bloomberg.com. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories. or the ability to order groceries while waiting at the doctor’s office, MCommerce sales are expected to exceed 400 billion US dollars in 2024. Trust Google to have the answer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. How else would we know which products consumers will want next, where to source inputs from or how much of an item to produce?

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

ThroughPut

MARCH 28, 2024

billion in 2024. Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Artificial Intelligence in supply chain helps track products from harvest to distribution channels and manage inventories with greater accuracy. billion by 2029. All for the good.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

Cognira

MARCH 26, 2024

Discover the Leading Retail Media Networks Of 2024 March 26, 2024 Promotions With the rise of online shopping, brands are seeking innovative strategies to captivate the attention of consumers navigating the digital marketplace. What are the top performing RMNs in 2024 and their innovative features? Table of Contents 1.

Supply Chain Network Software 52

Supply Chain Network Software Network Optimization Optimal Sourcing Retail 52

Unleashed

MAY 19, 2020

billion by 2024, according to Business Wire. Knocked back just 7% in sales volumes during the height of 2020 lockdowns, according to Unleashed Software’s own data, the beer industry overall has shown remarkable resilience – for somewhat obvious reasons – and appears likely to continue its expansion. Case study 1: Epic Brewing Company.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Synovos

JULY 24, 2023

This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally. RS is also aspiring to grow this range to 100,000 products globally by 2024/25. A short video explaining RS’ ESG solutions is available here.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Let’s see the most common trends in 2024. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 57

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Taulia

MARCH 6, 2024

CFO challenges in 2024: from economic headwinds to global elections Among the numerous challenges for CFOs around the world in 2024, there’s no doubt that macroeconomic factors will continue to loom large. To do all this successfully, CFOs need to have the right tools and technology at their fingertips.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software Sourcing Strategies 52

Proxima

AUGUST 3, 2020

billion by 2024. Lockdowns have given a new edge to e-commerce as returns for online purchases tend to be three-fold compared to in-store purchases. Automation technology is the largest tool in analyzing new business opportunities like the returns market, especially in supply chain.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 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. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Freightos

DECEMBER 20, 2020

The real enablers for e-commerce today are the building blocks that have been developed over the past two decades – plug and play payments, fulfillment, returns, inventory management, and more. trillion in 2024. The E-commerce Enablers. Each of these emerged piecemeal. Enter Freight-as-a-Service (FaaS). And it really worked. .

Logistics Network Optimization Software 157

Logistics Network Optimization Software Modeling Software Supply Chain Network Software Inventory Management Software 157

Unleashed

MARCH 25, 2024

Consolidation warehousing is a strategy that allows your business to reduce transportation costs and improve customer service by combining shipments from various sources into a single truckload. Software also provides real-time visibility, inventory control, and data analysis for better decision-making.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

Logistics Viewpoints

FEBRUARY 3, 2023

The company’s purchases continue to add new wind and solar projects on the grids that power operations, including Amazon Web Services (AWS) data centers, Amazon fulfillment centers, and physical stores around the world. Moller – Maersk is turning to flying drones to manage inventory counts in its warehouse network, the Danish firm said.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 187

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 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. Inventory analytics goes mainstream.

Inventory Management Software 80

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

ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. ACCURATE INVENTORY MANAGEMENT. Accurate inventory management can ensure the right flow of items in and out of a warehouse. WAREHOUSE EFFICIENCY.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

OptiProERP

SEPTEMBER 10, 2021

Modern businesses rely on Enterprise Resource Planning (ERP) software to help them collect and organize financial and operational data in a shared database to promote efficiency, as they scale. billion by 2024.” If you have decided to invest in ERP software, understanding ERP modules is important to make the right purchase.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 96

Vinculum

NOVEMBER 10, 2021

The digital platform has made purchasing easy for the customer. As per the e-market report, digital sales around 6 trillion dollars USD by 2024. They want everything on hand and at their doorstep, and they are in contact with the source to get the desired products. There is a change in the shopping pattern to attract customers.

Inventory Reduction 52

Inventory Reduction Manufacturing Procurement Modeling Software Inventory Management Software 52

Precoro

FEBRUARY 9, 2024

Zug Campus - Source: ISZL website Initial purchasing process at ISZL Before last year, when faculty and staff at the International School of Zug and Luzern wanted to buy something, they could briefly discuss it with the principal or other budget holders and then order what was needed instead of going through a formal process.

Purchasing Skills 52

Purchasing Skills Pricing Training Purchasing Training Procurement Solutions 52

Supply Chain Matters

APRIL 18, 2024

The report points to the three major hospital group purchasing organizations (GPOs), that control around $250 billion in health purchasing, roughly 90 percent of the market that have locked in sole-source contracts without alternative choices for hospital pharmacy buyers. “ in regions such as China , India or other countries.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

ShipBob

JANUARY 22, 2020

According to AdWeek , the number of Americans purchasing from a direct-to-consumer (DTC) brand is predicted to grow nearly 20% over the next 5 years. By 2024, the global beauty market is predicted to reach $750 billion, up from $432.7 CBD products alone are expected to reach $20 billion by 2024. billion in 2016.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Expense Reduction 52

Stord

MAY 2, 2022

While the rest of the world adopts cloud technologies to help them break down silos and integrate communication, companies continue to use disparate applications and tools for managing orders, evaluating inventory, and shipping goods. This growth is continuing with e-commerce sales expected to reach $6 trillion by 2024.

Supply Chain Planning Software 78

Supply Chain Planning Software St. Louis Supply Chain Software Demand Planning Software 78

Supply Chain Matters

MARCH 13, 2023

Background In a mid-January posting, we alerted our readers to reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives had departed the company, including the company’s purchasing head. billion in 2023, and reaching positive gross profit by 2024. billion as compared to $4.7

Supply Chain Planning Software 52

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Expense Reduction 52

Unleashed

MARCH 22, 2022

Why is cloud inventory management essential for NoLo alcohol producers? For beverage makers, using a cloud-based inventory system is generally the easiest and most accurate way to manage your inventory, from buying raw materials right through the production, warehousing and sales processes.

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

Supply Chain Game Changer

NOVEMBER 23, 2018

especially procurement and logistics?—?in million by 2024, growing at a CAGR of 49.16% between 2017 and 2024” ( globalnewswire.com 2018 ). For this reason, blockchain technology has been viewed as the perfect match for business application within procurement and logistics. Source: Accenture. Source: Accenture.

SCM 50

SCM Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 50

Supply Chain Matters

MARCH 17, 2023

According to the SAP announcement , at a purchase price of $18.15 The software provider will continue to be led by its existing CEO Zig Serafin and reportedly will remain headquartered in Provo, Utah and Seattle, Washington. Dr. Plattner’s term expires in May 2024. Moeller Holding with participation from Exor Ventures.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 52

Unleashed

JANUARY 28, 2021

So what are profit margins like in the coffee industry right now, where are those costs going, and how do you improve them with the right coffee software and sales strategies? Sources: IBIS World Coffee Bean Distributors in Australia July 2020. Sources: IBIS World Coffee Processing in the UK June 2020. Revenue: AU$2.3

Manufacturing Procurement 59

Manufacturing Procurement Purchasing Skills New Zealand Australia 59

Unleashed

SEPTEMBER 30, 2020

Here we’ll tell you all you need to know about brewery profit margins – and much more, including how to price your beer, and how to track and optimise your performance with brewery software. Brewers have captured the drinkers that have traditionally purchased light and premium brand beers. Brewery management software.

Price Reduction 104

Price Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 104