Locus

MAY 20, 2024

BORIS – Buy Online Return In Store BORIS is another omnichannel fulfillment model where consumers can return their previously purchased online orders at nearby physical stores. In a way, this model is a win-win as it saves return logistics costs for retail businesses.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

Enterra Insights

DECEMBER 16, 2021

One of the least welcome consequences of supply chain snarls and labor shortages is rising inflation — and the food industry has been impacted like every other economic sector. Food prices have been on the rise for months. ”[1] His prediction proved accurate. ” At the moment, that prediction appears optimistic.

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Pricing Training Purchasing Skills 130

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Real Estate New York Logistics 188

Enterra Insights

JANUARY 14, 2022

Today’s consumer picture is even more confusing as a result of low unemployment rates (which generally means higher demand) and rising inflation (which generally means lower demand). Nominal income gains were reported by survey participants, but half of all families anticipated reduced real incomes next year. ”[3].

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

ToolsGroup

DECEMBER 4, 2018

Direct-to-Consumer (DTC) presents special supply chain planning challenges for both smaller microbrands (e.g., eyeglass brand Warby Parker or mattress seller Casper) and much larger consumer goods incumbents, but the planning challenges are different depending on which type of company you are. See the full story here ).

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

SupplyPike

JUNE 15, 2020

Types of Consumer Goods. Consumer goods are items meant to be consumed every day. Food and non-food items fall into this category. There are two types of consumer goods: fast-moving consumer goods (FMCG) and slow-moving consumer goods (SMCG). Who can be a CPG?

Packaging 56

Packaging Manufacturing Procurement Purchasing Skills Consumer Goods 56

Supply Chain Matters

JULY 5, 2022

Starboard now has over 1400 users across 70 customers representing Auto, Consumer Goods, Retail, Industrial Products, Consulting, and Real Estate. Noted customers include Porsche , Deloitte , CBRE , Flexe, Geodis, Miele, One Network , and Topco , among others. Reportedly, three customer are currently shared with Logility. .

Network Design Software 52

Network Design Software Procurement Solutions Supply Chain Design Software Modeling 52

Supply Chain Matters

MAY 3, 2022

The report authors noted that this index, when calculated without the impact of China would have posted a 53.2 Reportedly, global output fell across consumer, intermediate and investment goods sectors with inbound price inflation equaling record highs. reported for March. reported for March. reported for March.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

DynaSys

SEPTEMBER 8, 2020

Years ago, I saw a statistic that many people do not purchase a fire extinguisher for their residences until after they experience an actual incident. Once recovery begins, producers of food and consumer products, and their suppliers should assess their risk management structure from top to bottom and implement all necessary changes now.

Manufacturing Procurement 61

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 61

Logility

MARCH 30, 2020

For the first time in history, shelves of stores across the globe that sell food, beverage and other fast-moving consumer goods (including toilet paper, hand sanitizer and cleaning products) are nearly empty. Looking back a few months, no one could have predicted the current state of the global supply chain.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

Enterra Insights

FEBRUARY 26, 2020

… Also, as more food shoppers are buying ‘just in time’ food that’s prepared, convenient and closer to consumption, fewer shoppers are making trips to stock up their pantries. At a Food Forward summit in Washington, D.C., she noted, “In 10 years, the term ‘consumer’ will be dead.

Predictive Analytics Software 100

Predictive Analytics Software Food Inventory Reduction Real-time Visibility 100

Unleashed

NOVEMBER 15, 2021

Mass customisation is also known as: Made-to-order Built-to-order Increasingly popular in the retail goods sector – but also used in the automotive, software and finance sectors – mass customisation allows customers to purchase a product that is more ‘them’. With adaptive customisation, users personalise it when they take it home.

Inventory Management Software 98

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

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

Unleashed

MARCH 6, 2023

But they’re especially useful in fast-moving consumer goods (FMCG) categories such as food and beverages. These are industries in which customers can be fickle: ensuring there is a good marketing strategy and content plan ensures sales are kept on target. What is a marketing plan?

Beverage 52

Beverage Food Resource Reduction Cost Reduction Strategies 52

Silvon Software

APRIL 29, 2022

Inventory can be a manufacturer’s most important asset. But a large inventory has its own liabilities such as cost to store and insure it, along with the risk of spoilage, theft and damage. The Basics of Inventory Management KPIs. Every inventory KPI needs a clearly defined goal.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

Vinculum

AUGUST 25, 2020

As most of the businesses are shut, the FMCG sector has become an essential commodity of the time, and with the following guidelines of social distancing has instigated consumers to embrace online grocery shopping. One among them is food and beverages, which holds 19 percent of the sector. Present Situation.

India 52

India Supply Chain Planning Software Demand Planning Software Forecasting Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. 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

QAD

MAY 19, 2021

Food and Beverage. Retail and Consumer Goods. Analytics and Reporting. An ERP software system allows for better performance and project management that helps plan, budget, predict and accurately report on an organization’s financial health and processes. Data Reporting and Accuracy. Financials.

Supply Chain Planning Software 52

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

QAD

JUNE 16, 2021

Managing the shop floor, inventory, operations and scheduling are some of the keys to ensuring a manufacturing business runs smoothly. This software helps production planners forecast and order the appropriate materials and keep appropriate levels of inventory. . Maintaining inventory levels of materials and finished products.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 52

Alloy

OCTOBER 3, 2023

An Introduction to Walmart Luminate Listen to the full episode of the Shelf Life Podcast on Walmart Luminate Walmart Luminate is the retailer’s new data, analytics and reporting tool for suppliers — and it represents a massive step forward in retailer-supplier collaboration.

Procurement Analytics 52

Procurement Analytics Analytics Software Forecasting Software Predictive Analytics Software 52

Roambee

APRIL 30, 2020

Up until now, investing in shipment tracking solutions was like buying travel insurance - it was usually purchased in the last step of the transportation contracting process. However, COVID-19 is changing the way companies are looking at investment into visibility.

Examples 59

Examples Procurement Solutions Industrial Industry 59

Logichain Solutions

JULY 30, 2018

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network. where products sit”: the inventories of materials, parts, and finished goods stored and being handled in various stages of the supply chain.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Software Supply Chain Network Software Supply Chain Design 40

Logility

JULY 20, 2023

Your business can use it to create a demand plan, which will help you set inventory levels, plan production, create manufacturing schedules, and drive other parts of your supply chain. It’s crucial for your demand plan to be accurate because it’s used to set your procurement and manufacturing levels.

Supply and Demand 185

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 185

Logichain Solutions

JULY 30, 2018

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network. where products sit”: the inventories of materials, parts, and finished goods stored and being handled in various stages of the supply chain.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 40

Logichain Solutions

JULY 30, 2018

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network. His experience includes operations, supply chain management and logistics in the consumer goods industry.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 40

Logichain Solutions

JULY 30, 2018

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network. His experience includes operations, supply chain management and logistics in the consumer goods industry.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 40

Logichain Solutions

JULY 30, 2018

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network. His experience includes operations, supply chain management and logistics in the consumer goods industry.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 40

Enterra Insights

DECEMBER 17, 2021

For months, consumers have watched their budgets tighten as food prices have risen. Journalist Hillary Hoffower ( @hillary_tweets ) observes, “Americans’ pockets are hurting the most when it comes to food. ”[1] Unfortunately, most pundits predict food prices will only continue to rise. .”[1]

Price Reduction 130

Price Reduction Purchasing Skills Food Cost Reduction Strategies 130

ShipBob

FEBRUARY 26, 2024

and then planning your inventory orders accordingly. It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Production and inventory planning should be accounted for when making this forecast. This requires forecasting orders based on anticipated demand (i.e.,

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Logistics Bureau

APRIL 8, 2016

Food & Bev Ambient: best in class <4.3% industry average 7.6%. Food & Bev Chill/Froz: best in class 8% industry average 10.7%. When the uncertainty is in product demand and supply, the insurance is the stockpiling on inventory “just in case”. Optimising Suppliers for Cost Efficiency.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Expense Reduction 40

Tompkins Blog

APRIL 29, 2014

As rapid change takes place in online ordering and fulfillment for retail, consumer goods, distribution, and third-party logistics (3PLs), the needs for real estate space change too. Learn more about aligning strategies by downloading Tompkins Supply Chain Consortium’s report Aligning Supply Chains with Business Strategy.).

Real Estate 66

Real Estate Material Savings Price Reduction Sourcing Strategies 66

Logistics Viewpoints

MAY 12, 2023

customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing to slash costs for home delivery and returns amid slack consumer demand. Our view is that imports will remain below recent levels until inflation rates and inventory surpluses are reduced.”

Logistics Network Optimization Software 201

Logistics Network Optimization Software Material Savings Logistics Chile 201

Enterra Insights

MARCH 5, 2018

Dealing with the “Amazon Effect” We can learn a lot from the Amazon/Whole Foods deal about how turmoil is created and the importance of becoming a digital enterprise. Whole Foods offers Amazon the opportunity to experiment with retail analytics, customer traffic management and in-store preference-matching.

Retail 100

Retail Supply Chain Network Software Analytics Software Procurement Analytics 100

Alloy

DECEMBER 1, 2021

To say that the global supply chain isn’t going easy on consumer goods brands might be something of an understatement. Across industries, companies of all sizes are facing cost pressures due to the rising costs of materials, alongside never-ending delays getting their products to the right place at the right time.

Alloy 98

Alloy Cost Reduction Strategies Material Savings Inventory Reduction 98

EMERGE App

SEPTEMBER 16, 2019

Any business that deals with physical goods will encounter something called deadstock. It happens when your inventory doesn’t move for various reasons. Basically, these goods are not saleable and they’re taking up valuable warehouse space. And they’re adding to the holding cost of inventory.

Inventory Reduction 76

Inventory Reduction Purchasing Skills Inventory Management Software Price Reduction 76

6 River Systems

FEBRUARY 3, 2020

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Advanced and predictive analytics Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59