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.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Unleashed

AUGUST 29, 2023

How inventory management software works: Acquire inventory management software: A third-party software vendor is procured based on your business’s inventory management requirements. The purchasing manager can then create a purchase order for the required goods and send it to your supplier.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

Unleashed

JANUARY 29, 2024

A food and beverage company decides to streamline its product portfolio, based on the nutritional value and environmental impact of its products. It helps to reduce your inventory costs , improve operational efficiencies, enhance customer experience, and increase your sales and profit margins. Reduced storage and supplier costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. While touted as a digital procurement provider, it took the Company nine days to onboard me as a vendor, and two weeks to process a Purchase Order. In times of uncertainty, cash is king.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

QAD

JANUARY 19, 2023

Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. This integration of supply and demand requires a special mix of business operations, procurement, accounting, and production.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

RFgen

APRIL 12, 2024

Therefore, the goal is to optimize cost to optimize profits and catalyze growth. To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

CH Robinson Transportfolio

JUNE 9, 2022

In your personal life, you can use a variety of devices to make purchases—from your phone to your smart TV, it’s all possible within whatever device you’re using. In fact, today you can procure freight rates from your transportation providers right in your TMS. Cost savings in loose markets. Route guide failure. Save money.

Supply Chain Planning Software 70

Supply Chain Planning Software Demand Planning Software Analytics Software Optimization Software 70

Supply Chain Matters

JULY 5, 2022

Plans currently call for Logility to be positioned to target specific industry verticals with a joint continuous network design and planning capability such as food and beverage, consumer durables, distribution and other verticals. Reportedly, three customer are currently shared with Logility. . Added Highlights. Added Perspective.

Procurement Solutions 52

Procurement Solutions Network Design Software Supply Chain Design Software Modeling 52

Logility

DECEMBER 15, 2023

From harvest to hands, the food & beverage (F&B) industry leaves no room for guesswork, especially without supply chain optimization software. Then, F&B businesses can transform diverse information from sales, production, finance, marketing, transportation, and procurement into one comprehensive business plan.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Unleashed

AUGUST 17, 2021

Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance.

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Enterra Insights

FEBRUARY 9, 2021

It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. Everything from procurement, to production, to logistics can be improved using artificial intelligence. Why sustainability is important. ”[6].

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Resilinc

AUGUST 3, 2021

These concepts can be hard to define and measure, and even harder to integrate into procurement. A small food or beverage brand, for example, can rely on suppliers’ certifications that their ingredients are “organic” or “fair trade.”

Sustainability 69

Sustainability Price Reduction Supply Chain Strategy Manufacturing Procurement 69

EcoVadis

AUGUST 11, 2017

percent in the first quarter of 2017, and for the year ending in February 2017, sales of packaged foods and beverages fell 0.4 Kearney says the 25 largest food and beverage companies combine to own 63 percent of the nearly $500 billion in U.S. And the impact is going directly to the bottom line.

Manufacturing Procurement 56

Manufacturing Procurement Food Sustainability Supply Chain Planning Software 56

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

SYSPRO Smarter ERP

OCTOBER 11, 2021

While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. This can be different as well as for the purchasing (e.g. grams for dry materials and litres for liquid ingredients). Inventory control.

Manufacturing Procurement 119

Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

Elementum

SEPTEMBER 11, 2015

Its growth is enough to make giants like McDonald’s, Cargill, and Wal-mart sit up and pay attention, agreeing to overhaul their current procurement methods in order to give the people what they want. Consider that organic and natural food currently accounts for less than two percent of total food revenue in the US.

Food 60

Food Beverage Purchasing Skills Procurement Solutions 60

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. Food & Beverage. Enhanced data collection and reporting.

Case Study 52

Case Study Study Optimal Sourcing Supply Chain Planning Software 52

Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Forecasting Software Demand Planning Software 150

Supply Chain Game Changer

NOVEMBER 18, 2018

Blog post originally published by, and permission to publish here provided by, Argentus a boutique recruitment firm focused on Supply Chain and Procurement. According to a recent report in Procurement trade publication Spend Matters , these are some of the most booming categories in the burgeoning industry. Subscribe Here!

Negotiating Skills 56

Negotiating Skills Purchasing Skills Pharmaceutical Agile and Lean Supply Chain 56

RFgen

OCTOBER 23, 2016

million into procuring resources from South Sudan and training coffee farmers. According to a company press release, Starbucks purchased its first crop in the Republic of Congo in 2014 and has helped many local farmers since then. Nestle made efforts to repair the war-torn area, investing $2.5

Congo 52

Congo Sudan Supply Chain Software Supply Chain Planning Software 52

RFgen

OCTOBER 23, 2016

million into procuring resources from South Sudan and training coffee farmers. According to a company press release, Starbucks purchased its first crop in the Republic of Congo in 2014 and has helped many local farmers since then. Nestle made efforts to repair the war-torn area, investing $2.5

Congo 52

Congo Sudan Supply Chain Software Supply Chain Planning Software 52

Unleashed

AUGUST 11, 2020

A business cannot operate without sufficient cash flow to fund purchasing, drive marketing and sales, invest in new equipment and cover operation costs. Many large food and beverage organisations rely on overly sophisticated, resource-sapping and expensive Enterprise Resource Planning (ERP) systems to meet their requirements.

Manufacturing Procurement 89

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Forecasting Software 89

DynaSys

APRIL 14, 2021

And the avenues for consumer purchases have expanded as well. In food and beverage and many consumer packaged goods sectors, the popularity was really gaining momentum just prior to the Covid-19 outbreak. Long production runs or cycled campaigns are good for manufacturing efficiency metrics but not so much for inventory metrics. .

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 52

Supply Chain Movement

NOVEMBER 24, 2015

Two years ago Diageo, the global leader in beverage alcohol with iconic brands including Johnnie Walker, Smirnoff and Guinness, embarked on a Route to Consumer programme. 46 | Tools & Technology. • Better forecasts and implementation best practices. • Apps for more efficient procurement procedures.

Supply Chain Design Software 60

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Forecasting Software 60

Logistics Bureau

JULY 27, 2020

The diamond and gold, tea and coffee, beverage, food, and automotive industries all have participants with blockchain applications under test, operating as pilots, or implemented as digital solutions to improve supply chain operations. Blockchain for Beer and Beverage. Storage temperature. Customs clearance. Details of fish feed used.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Procurement Solutions 69

ShipBob

SEPTEMBER 25, 2023

CBD products come in many forms, such as supplements, beverages, skincare, pet care, and more, so it has also become a popular product among ecommerce sellers. Registration usually costs about $100 in most cases. You’ll also want to get a resale license if you plan to purchase your CBD product from wholesalers.

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Predictive analytics has many use cases in the supply chain.

Supply Chain Planning Software 298

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

Logility

JULY 20, 2023

It’s crucial for your demand plan to be accurate because it’s used to set your procurement and manufacturing levels. If your demand forecast is too high, you’ll carry excess inventory, which will increase your carrying costs. It should also provide error metrics to help you understand how accurate each forecast is.

Supply and Demand 187

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

Silvon Software

APRIL 29, 2022

Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock. In inventory management, KPIs matter because they offer information about turnover, sales, demand, costs and more. These types of metrics are Sales KPIs, Receiving KPIs and Operational KPIs.

Optimal Sourcing 106

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 106

Unleashed

NOVEMBER 27, 2019

Over the years, we’ve branched out into a wide range of janitorial, industrial and Food & Beverage Plant cleaning chemicals that are either imported or manufactured at our ISO9001 Certified Manufacturing Plant in Napier. “With confidence in the reported data integrity, we can take on whole new brands easily.”

Price Reduction 75

Price Reduction Material Savings Sourcing Strategies Procurement Solutions 75

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Your forecasting process goes through multiple checks and balances, giving you the opportunity to identify deviations and exceptions and create more accurate predictions. Can CPFR be leveraged within all industries?

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Logistics Viewpoints

APRIL 15, 2022

It also provides predictive analytics that can tell the restaurant more about what kind of coffee its customers enjoy and when. Panera’s goal for the system is to give employees “more time to devote to other tasks, such as helping customers, and to make sure coffee drinkers enjoy every sip of their beverage.”

Los Angeles 185

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

Unleashed

MARCH 7, 2022

This is especially important in those industries dealing with perishable goods, and PAR levels are particularly useful for the food & beverage, hospitality, healthcare, and pharmaceutical industries. In a restaurant, for example, preventing food spoilage is an important way to cut costs and to boost profitability. Learn more.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Inventory Management Examples 98

6 River Systems

JANUARY 10, 2019

Keep in touch with cross-functional colleagues. “Whether you’re in procurement, supplier quality, production control or logistics, supply chain is only one ingredient in the pie of successfully bringing a product to market. Can we see the purchase order confirmation? Secondary and contingent supplier planning. Did the job ship?

Optimal Sourcing 61

Optimal Sourcing Negotiating Skills Negotiate Pricing Pricing Training 61