Enterra Insights

JUNE 27, 2022

Department of Agriculture (USDA) has raised its 2022 food inflation forecasts again reports Jim Wiesemeyer ( @Jim_Wiesemeyer ).[1] 1] This means today’s grocery food price hikes are the highest in 42 Years. ”[2] Their research found, “Consumer prices for food, personal care, and household items are up 13.9%

Price Reduction 130

Price Reduction Purchasing Skills Manufacturing Procurement Food 130

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Consumer Goods. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

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

Logistics Viewpoints

SEPTEMBER 19, 2022

MSCN solutions provide supply chain visibility, network-based applications, and network analytics across an extended supply chain. MSCN solutions have distinctive advantages when it comes to supplier onboarding, communication, partner management, and being able to provide unique analytics. Then there is FourKites.

Supply Chain Design Software 159

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 159

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

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. The same concept works for business and manufacturing. Executives of CPG manufacturers need to take a new look at crisis management as a matter of social responsibility.

Manufacturing Procurement 61

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

Enterra Insights

SEPTEMBER 2, 2021

Due to the pandemic, e-commerce growth accelerated and manufacturers’ interest in direct-to-consumer (DTC) consumer sales also increased. The cold hard truth for many brands is that consumers are not going to purchase their products via the internet without a compelling value proposition.”

Price Reduction 130

Price Reduction Manufacturing Procurement Supply Chain Planning Software Analytics Software 130

Logistics Viewpoints

OCTOBER 26, 2022

ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.

Supply Chain Software 274

Supply Chain Software Warehousing Supply Chain Design Software Supply Chain Planning Software 274

Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. 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 30, 2023

Analysts at NielsenIQ observe, “Positive consumer sentiment toward sustainability has been growing for more than a decade, but the impact of purchasing preferences has yet to inspire a green revolution within the retail industry. Two rapidly emerging drivers of change — governance and cost — are about to change all that.

Packaging 130

Packaging Manufacturing Procurement Purchasing Skills Procurement Analytics 130

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Global Manufacturing Output Levels Declined. The Global Manufacturing Output sub-index reportedly dropped to a contraction value of 48.5 reported for March. reported for March.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

SupplyPike

JUNE 15, 2020

CPGs are the largest manufacturing employers in the US as well. Types of Consumer Goods. Consumer goods are items meant to be consumed every day. Food and non-food items fall into this category. This, in turn, establishes the turnover of goods. Fast-Moving Consumer Goods (FMCG).

Packaging 56

Packaging Manufacturing Procurement Purchasing Skills Consumer Goods 56

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Supply Chain Shaman

SEPTEMBER 27, 2015

This confession comes seven years after selling of contaminated food. The food recall is the largest in US history. …never before has a corporate executive been convicted of federal felony charges in a food safety violation. Food and Drug Administration and the U.S. In 2008, the company manufactured 2.5%

Pharmaceutical 150

Pharmaceutical Supply and Demand Food Manufacturing Procurement 150

Kinaxis

FEBRUARY 13, 2019

That’s because, for the first time since their creation in 1901, Sweethearts candies, an iconic staple of our Valentine’s Day celebrations won’t be manufactured. Consumer packaged goods is a tough and evolving market. Manufacturing Valentine’s Day Sweethearts leaves a sour taste. CPG acquisitions are common.

Manufacturing Procurement 120

Manufacturing Procurement Scenario Planning Packaging Procurement Analytics 120

Supply Chain Matters

AUGUST 22, 2022

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

Inventory Management Software 52

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

Enterra Insights

FEBRUARY 26, 2020

packaged goods manufacturer and retail business), wrote, “Depending on what you read, we’re either at a tipping point, on the verge of a meltdown or facing the retail apocalypse. 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

Enterra Insights

APRIL 25, 2023

Tomorrow, 26 April 2023, is international Stop Food Waste Day. According the Stop Food Waste Day website , “Stop Food Waste Day is the largest single day of action in the fight against food waste. Food waste only exacerbates the challenge — and it’s everywhere. and China, The Guardian reports.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

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

NOVEMBER 7, 2022

There are growing worries about global food security. Earlier this year, UN Secretary-General António Guterres, stated, “This year’s food crisis is about lack of access. Next year’s could be about lack of food.”[1] ”[1] When lack of food is a concern, food waste should also be a concern.

Waste Reduction 130

Waste Reduction Food Resource Reduction Manufacturing Procurement 130

Unleashed

NOVEMBER 15, 2021

Learn more: The Ultimate Manufacturing Guide: SME Manufacturing Explained What is mass customisation? It’s a manufacturing process for customising goods at scale while keeping unit costs low – a middle ground between standardisation and personalisation. Mass customisation does what it says on the tin.

Inventory Management Software 98

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

Alloy

MARCH 29, 2022

Consumer – Consumer goods and retail companies including McDonald’s, Starbucks, IKEA and Nike suspend or decrease operations in Russia. Automakers – Volvo, Toyota, Volkswagen and many other automakers have suspended exports to Russia or are ceasing manufacturing operations in the country.

Ukraine 52

Ukraine Alloy Russia Supply Chain Planning Software 52

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

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. Examples of Blockchain in Food Supply Chains. Other Food Industry Blockchain Initiatives.

Supply Chain Planning Software 69

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

QAD

MAY 19, 2021

Manufacturers and suppliers today are challenged constantly to become more accurate, efficient, and profitable to survive the constant change and disruption in the world around them. A variety of industries can benefit from manufacturing ERP software , including: Industrial Equipment and Components. Food and Beverage.

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. As manufacturing and supply chains scale to meet larger global needs, real-time data and software systems allow manufacturers to automate processes and make smart data-driven decisions.

Supply Chain Planning Software 52

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

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. That’s an increase from 17% in 2017.

Supply Chain Planning Software 298

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

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. 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

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. As per a 2017 report by. His experience includes operations, supply chain management and logistics in the consumer goods industry.

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

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. Key performance indicators (KPIs) in inventory management are metrics that help you monitor and make decisions about your stock.

Optimal Sourcing 119

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 119

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

Logistics Bureau

APRIL 8, 2016

Manufacturers: best in class <10.3% industry average 6.8%. Food & Bev Ambient: best in class <4.3% industry average 7.6%. Food & Bev Chill/Froz: best in class 8% industry average 10.7%. The chain purchases most of its merchandise direct from manufacturers.

Cost Reduction Strategies 40

Cost Reduction Strategies Material Savings Inventory Reduction Expense Reduction 40