OptiProERP

NOVEMBER 14, 2023

While large corporations have been at the forefront of manufacturing sustainability initiatives, in 2024, more small and mid-sized manufacturers are expected to incorporate green initiatives, recognizing that sustainability is essential for their bottom line.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

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

ToolsGroup

OCTOBER 3, 2022

Source: Bloomberg.com. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024. Moreover, the new policy of purchasing online and picking up in-store adds to the already high-stress environment for in-store employees. The UK hit a record high of 1.3

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. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

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

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

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. billion in 2024. It is growing at 38.30% CAGR and is expected to touch USD 48.99 billion by 2029.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 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 69

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 69

ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. Still, accessorials may remain as they aren’t subject to the same lowering of typical per-mile costs (Flat World Global Solutions).

Agile and Lean Supply Chain 78

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

EazyStock

APRIL 18, 2023

Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. in 2024, these figures are still above pre-pandemic levels. One way is to pass these increases on to your customers to reduce the need to source more capital. in 2023 and 4.3%

Supply Chain Planning Software 52

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

Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

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 59

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 59

Enterra Insights

FEBRUARY 7, 2024

Journalist Ben Unglesbee reports, “Extreme weather events are the top risk facing supply chains in 2024, according to an annual outlook report from Everstream Analytics. in 2024, according to the World Bank. manufacturing exports but will reduce purchasing power for imported materials, components, and equipment.”[6]

Risk Management 130

Risk Management Trends Supply Chain Planning Software Supply Chain Design Software 130

Freightera

DECEMBER 21, 2023

Freightera’s CEO, Eric Beckwitt Gives His Predictions on The Trends in Sustainability in 2024. Although interest rates are widely predicted to fall in 2024, and the freight recession may end, the multi-decade trend of moving manufacturing overseas, especially to China, may be largely over.

Sustainability 40

Sustainability Manufacturing Procurement Trends North America 40

Logistics Viewpoints

FEBRUARY 3, 2023

And now on to this week’s logistics news. 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. GW through 133 new projects in 11 countries.

Logistics Network Optimization Software 190

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 190

Proxima

AUGUST 3, 2020

As the pandemic began, companies and suppliers were forced to change their playbooks and rely on new methods of innovation, high road networking and asset stabilization to keep their logistics moving forward. According to MarketWatch , the logistics automation market totaled $49.2 billion by 2024. Growth of automation.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 52

Supply Chain Matters

JULY 8, 2022

The Q2 shortfalls were attributed to the company’s Shanghai production facility as Covid-19 lockdown restrictions that occurred across China ’s major cities during the quarter impacted the country’s manufacturing and logistics services operations. Cadillac LYRIQ production was noted as accelerating, with initial deliveries in process.

Automotive 52

Automotive Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

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. Gaining Supply Chain Momentum with Artificial Intelligenc e(AI) in Supply Chains & Logistics. ENHANCED SAFETY. The cost of training.

Supply Chain Planning Software 98

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

Freightos

DECEMBER 20, 2020

trillion in 2024. B2B isn’t one category; it’s a hugely stratified layer cake of different verticals, purchasing models, and industries. . Building a marketplace for freight – rather than a digital forwarder – wasn’t an obvious solution but we’ve had strong conviction in the model for a few reasons.

Logistics Network Optimization Software 157

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

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. Material Handling & Logistics ). Material Handling & Logistics ). Source: Consultancy.UK. Image source: Fortune. Chain Store Age ). Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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. Warehouse consolidation simplifies logistics , reduces transportation costs, and improves operational efficiency.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

Locus

JUNE 7, 2024

We are excited to announce that Locus has been mentioned as a Representative Vendor in the Gartner® Market Guide for Multicarrier Parcel Management Solutions, 2024 (MCPMS). The platform simplifies the logistics of sourcing additional capacity and assigning shipments, all from a single dashboard.

Vendor Strategies 52

Vendor Strategies Optimal Sourcing Procurement Solutions Optimization Software 52

Logistics Viewpoints

JULY 16, 2021

And now on to this week’s logistics news. Autonomous vehicles continue to gain attention in the logistics space as companies look to automate everything from long-haul trucking to last mile deliveries. For many retailers, they will simply offer a refund on the purchase, especially if it is under $500.

Logistics Network Optimization Software 39

Logistics Network Optimization Software Logistics Italy Manufacturing Procurement 39

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

ToolsGroup

OCTOBER 25, 2022

For all of this, you need a solution that provides your entire organization with a single source of truth, helping teams align on inventory positioning, financial decisions , and business planning. Machine learning is a fantastic tool…if you know where to start. Let artificial intelligence do the hard work for you.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Unleashed

JUNE 23, 2021

More widespread third-party logistics. Easily connect high-value tools that utilise new data capabilities, like ERP, inventory management for manufacturers, smart accounting software, CRM, etc. for the 2020-2024 period), but to also help businesses move on from the pandemic. More widespread third-party logistics.

Inventory Management Software 80

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

Stord

MAY 2, 2022

Logistics providers have also been slow to adopt new technology. 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. E-commerce is here to stay.

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.

Supply Chain Planning Software 52

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

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.

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.

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

Logistics Viewpoints

OCTOBER 13, 2023

But one source mentioned the unlucky nature of the number “13” is a Norse myth about 12 gods having a dinner party in Valhalla. And now on to this week’s logistics news. Driverless trucks will help Maersk improve on-time performance, said Erez Agmoni, Maersk’s global head of innovation for logistics & services.

Logistics Network Optimization Software 252

Logistics Network Optimization Software Alaska Oklahoma City 252