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

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

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 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

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

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Kroger collaborates with thousands of food and beverage, health, beauty, and personal care companies to service roughly 2,800 stores.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

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 114

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 114

Unleashed

AUGUST 11, 2020

Effective inventory management is crucial to reducing costs in any manufacturing business. This is particularly true in the food manufacturing industry, which characteristically has a high volume of products stored, and an urgent need to fill existing client orders to match ongoing consumer demand. Working with fresh food.

Manufacturing Procurement 89

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

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

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

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

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

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

Enterra Insights

JULY 12, 2022

With inflation shredding consumers’ budgets, consumer packaged goods (CPG) manufacturers and retailers are feeling the impact. Food writer Simon Harvey ( @SidflashHarvey ) believes things are only going to get worse before they get better. And, Grace reports, consumer thinking isn’t very positive.

Modeling 130

Modeling Predictive Analytics Software Optimization Modeling Predictive Analytics 130

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 185

Logistics Network Optimization Software Real Estate New York Logistics 185

Enterra Insights

SEPTEMBER 2, 2021

As I reported in Part 1 of this article, Jon Reily ( @jonreily ), an experience and commerce executive at Merkle, wisely suggests the first step when developing a DTC strategy is to determine why your company wants to get into the DTC arena in the first place. ” What constitutes a “value proposition” can be broadly defined.

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 270

Supply Chain Software Warehousing Supply Chain Design Software Supply Chain Planning Software 270

Enterra Insights

JANUARY 30, 2023

Both consumers and enterprises in the consumer packaged goods (CPG) sector are taking notice. 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.

Packaging 130

Packaging Manufacturing Procurement Purchasing Skills Procurement Analytics 130

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

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

Enterra Insights

JANUARY 29, 2021

”[1] CPG reporter Paul Hiebert ( @hiebertpaul ) believes the CPG sector’s strong performance will continue in 2021. He writes, “The pandemic has been tough on many businesses, but that hasn’t been the case for the makers of household cleaners and shelf-stable food. ”[4] Gender is not the only factor to consider.

Packaging 100

Packaging Trends Supply Chain Design Software Procurement Analytics 100

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

BlueYonder

NOVEMBER 20, 2023

Blue Yonder was named a Leader in this inaugural report and the leader in the Better Functionality quadrant based on an evaluation of our Blue Yonder Warehouse Management solution. Blue Yonder’s WMS , a SaaS solution, empowers businesses to deliver consistently high service at a value-driven cost.

Supply Chain Planning Software 119

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Analytics Software 119

Locus

JULY 25, 2023

“E-commerce is becoming a reality,” the management consulting company stated, “reinventing consumers’ path to purchase, forming new customer experiences , disrupting business models, and creating growth opportunities for large and small retailers as well as for a new generation of pure E-commerce players.”

Optimization Software 98

Optimization Software Modeling Supply Chain Optimization Optimization Modeling 98

Logistics Viewpoints

MARCH 3, 2023

According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3 Analysts say Amazon’s service can help the company retain users of its $139-a-year Amazon Prime subscription, which also provides streaming, discounts at Whole Foods Market and other perks.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 200

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

SupplyShift

JUNE 5, 2023

STANDARD ASSESSMENT THESIS for Retailers The Sustainability Insight System (THESIS), created by The Sustainability Consortium (TSC) and powered by SupplyShift, is a science-based performance management system helping retailers transform the consumer goods industry to deliver more sustainable consumer products.

Retail 52

Retail Supply Chain Network Software Benchmarking Consumer Goods 52

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. The company is offering U.S. It has more than 960 stores currently and has a target of over 1,100.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Material Savings Logistics Chile 198

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

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.

Supply Chain Planning Software 159

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

Provenance

APRIL 10, 2019

“For every $1 spent on food, society pays $2 in health, environmental, and economic costs” (Source: Ellen MacArthur Foundation ). The comprehensive report, “Cities and Circular Economy for Food” from the Ellen Macarthur Foundation, looks to address key challenges created by the food industry today: Annual costs of $5.7

Supply Chain Planning Software 49

Supply Chain Planning Software Food Waste Reduction Supply Chain Software 49

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. .

Procurement Solutions 52

Procurement Solutions Network Design Software Supply Chain Design Software Modeling 52

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

Enterra Insights

AUGUST 13, 2020

In fact, people in developed nations generally take the food supply chain for granted. When the novel coronavirus started spreading around the world, people started worrying about how it would affect their ability to obtain food. Pandemic impacts on the food supply chain. Market researcher Pamela N.

Price Reduction 100

Price Reduction Purchasing Skills Cost Reduction Strategies Food 100

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

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 62

Manufacturing Procurement Supply Chain Planning Software Manufacturing Supply Chain Network Software 62

Zipline Logistics

APRIL 4, 2023

The report reveals that increased efficiencies and visibility are top priorities for companies over the next 1-3 years. Read the full report here. Million in revenue opportunity cost left on the shelf in just ONE week. The packaged food industry was also out-of-stock on average 10% in March 2023.

Freight 76

Freight Price Reduction Expense Reduction Cost Reduction Strategies 76