Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. As demand forecasting accuracy increases, and the standard deviation associated with the forecast decreases, the need to hold “just in case” inventory also goes down.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

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.

Supply Chain Design Software 157

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

Zipline Logistics

MAY 25, 2021

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. Since the first quarter of 2020, CPG logistics costs have risen by 37% to an average of $1.71

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

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

Supply Chain Shaman

SEPTEMBER 20, 2015

Source: Dictionary.com. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In In my opinion, we have made procurement increasingly complex without adding value. While they have actively worked on the implementation of a cost-to-serve analysis.

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Enterra Insights

SEPTEMBER 28, 2020

Amidst store closures and stay-at-home advisories, consumers have rapidly adapted to new, tech-forward ways of shopping, which has created immense demand for the CPG industry. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. ”[2].

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Supply Chain Matters

SEPTEMBER 6, 2023

Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The August reported value rose to a three month high of 49.0

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. This process also increases resilience, key in today’s uncertain global economy, and provides cost reductions. The right rebate or trade-in program can encourage additional purchases.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Unleashed

FEBRUARY 1, 2023

Demand planning is the process of predicting what customer demand will be for a certain product. This feeds into effective inventory management and supply chain planning , and ensures customers receive their goods in a way that is cost-effective, timely and satisfactory for their requirements. What is demand planning?

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

Supply Chain Matters

AUGUST 3, 2022

Morgan Global Manufacturing PMI® report, a composite index produced by J.P. On the slightly positive side, the July report indicated that rates of input cost and output charge inflation have both eased to 17-month lows. reported for June. reported for June. compared to the reported value of 53.0

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Matters

JUNE 5, 2023

Supply Chain Matters provides our monthly highlights commentary reflecting on May 2023 reported global and regional PMI indices. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported value of 49.6 That could signal even more added inventory exposures. in April to 58.7

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Thailand 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

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

SupplyPike

JUNE 15, 2020

Types of Consumer Goods. Consumer goods are items meant to be consumed every day. There are two types of consumer goods: fast-moving consumer goods (FMCG) and slow-moving consumer goods (SMCG). This, in turn, establishes the turnover of goods. The CPG marketplace.

Packaging 56

Packaging Manufacturing Procurement Purchasing Skills Consumer Goods 56

Supply Chain Matters

MAY 5, 2023

Supply Chain Matters provides highlights of April 2023 reported global and regional PMI indices which continue to reinforce a state of contraction level stabilization within global supply chain networks. Some good news is that the reported data reinforces that global supply chain wide pressures have eased considerably.

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

RFgen

NOVEMBER 13, 2016

The notable shift involving this long-term trend has to do with how many consumers are either passively influenced by information about sustainability or actively seek out such data before making purchasing decisions. Majority of Consumers in Developed Countries and Worldwide Influenced by Ethics. carry similar sentiments.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Expense Reduction 52

RFgen

NOVEMBER 13, 2016

The notable shift involving this long-term trend has to do with how many consumers are either passively influenced by information about sustainability or actively seek out such data before making purchasing decisions. Majority of Consumers in Developed Countries and Worldwide Influenced by Ethics. carry similar sentiments.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Expense Reduction 52

Supply Chain Matters

MARCH 2, 2023

Supply Chain Matters provides highlights of February 2023 reported global and regional PMI indices which appear to indicate some stabilization within global supply chain networks. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported 50 value for February was up 0.9

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Optimal Sourcing 52

ThroughPut

DECEMBER 5, 2023

Accurate demand forecasting enables businesses to optimize their production, inventory management, and pricing strategies, resulting in maximized profits and customer satisfaction. When demand is accurately forecasted, companies can optimize their inventory levels, reducing carrying costs and minimizing the risk of stockouts.

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

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

SCMDOJO

JANUARY 30, 2023

During her tenure as a supply chain professional, Barra has been credited with implementing a new global purchasing and supply chain system, which helped GM reduce costs and improve its supply chain operations. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1.

Supply Chain Design Software 119

Supply Chain Design Software Supply Chain Software Sourcing Strategies Agile and Lean Supply Chain 119

Unleashed

MARCH 9, 2021

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

Procurement Analytics 104

Procurement Analytics Procurement Solutions Optimal Sourcing Material Savings 104

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

Enterra Insights

OCTOBER 17, 2018

” Transactional data : “Post-business-process information such as purchasing inventory records or sales volumes by region.” Bowman explains, “The consumer-goods sector is growing more complex and harder to predict than ever before. and Robotics Are Coming to Consumer Goods Supply Chains.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 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

Supply Chain Shaman

AUGUST 26, 2015

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). The inherent buying patterns of consumers are also changing.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

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. This includes alternative sources of supply and manufacturing capabilities such as co-packers/contract manufacturers. The same concept works for business and manufacturing.

Manufacturing Procurement 62

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

Zipline Logistics

OCTOBER 19, 2021

Competition in the consumer goods space is at an all-time high as venture capital continues to pour into the industry and products hit the market at record speed. Because transportation is a substantial source of late deliveries and, subsequently, out-of-stocks, it is critical to implement urgency into your logistics function.

Retail 52

Retail Optimal Sourcing Vendor Strategies 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 114

Optimal Sourcing Inventory Reduction Procurement Analytics Price Mitigation Strategies 114

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. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes.

Supply Chain Planning Software 298

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

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

Material Handling & Logistics

JANUARY 15, 2019

More devastation from different natural disasters seems to have been reported in the last year than we’re typically used to seeing. In this way, the delivery of raw materials, consumer goods and other components are delayed, sometimes substantially, which can seriously harm the bottom line of businesses. Graham Parker. .

Supply Chain Planning Software 87

Supply Chain Planning Software Pharmaceutical Puerto Rico Supply Chain Software 87

EMERGE App

FEBRUARY 4, 2021

The quick answer to this question is yes, inventory is a current asset. Inventory is composed of the products used in the manufacturing of the final product. Inventory is classified as an asset in a company’s financial statements because it is used to create the products sold to generate revenue. Current Assets Defined.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 52

crisp

SEPTEMBER 29, 2023

Settle, a pioneering cash flow management company, and Crisp, a leading retail data platform, are setting a new standard for operational excellence in the consumer goods industry. Crisp’s recent partnership with Settle is grounded in our shared vision: to unlock unprecedented operational efficiencies for consumer goods companies.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

QAD

MAY 19, 2021

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. Warehouse & Inventory Management.

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

Supply Chain Matters

APRIL 30, 2024

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

Inventory Reduction 52

Inventory Reduction Price Reduction Vendor Strategies Cost Reduction Strategies 52