Logistics Viewpoints

APRIL 21, 2022

Earlier in 2022, we conducted a survey of 8,000 consumers across North America and Europe to get a better sense of their ecommerce experience and how they were reacting to retailer performance. On one hand, consumers expect to increase their online purchases post-pandemic. The results of the research are a good news, bad news story.

Optimal Sourcing 210

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 210

Enterra Insights

DECEMBER 4, 2019

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. The solution? Artificial intelligence (AI).”[5]

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Supply Chain Shaman

JULY 23, 2023

I never republished the report, because not enough has changed to warrant it.) The report centers on the concept of moving from inside-out to outside-in technologies. The order latency is the time from purchase by the end consumer to the visibility of the order. This is a natural fit for narrow AI and new forms of analytics.

Supply Chain Planning Software 343

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 343

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] Making the Best of a Growing Challenge.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. around the globe?—?and

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Enterra Insights

SEPTEMBER 30, 2022

One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. Analysts from Chicory note, “The grocery shopper’s path to purchase from digital to in-store and other online environments has always been obscure.”[2] The Omnichannel Consumer. during 2020.

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

Supply Chain View from the Field

NOVEMBER 25, 2013

The team developed a survey launched with ASQ, ISM, and APICS, and looked at what the different approaches were. The team was able to get 114 responses to their survey. A John Deere team discussed how they attempted to build a predictive cost model.

Procurement Analytics 60

Procurement Analytics Predictive Analytics Modeling Purchasing Skills 60

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

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. She chose the hybrid route.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Precoro

JULY 18, 2022

Even more, 82% of finance departments report being overwhelmed by the number of invoices they have to process daily and are further exhausted by the variety of formats these invoices are received in. It improves cash flow, drives additional savings, and helps procurement organizations make the most of dynamic discounting opportunities.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Optimization Software Optimal Sourcing 52

SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet pet owners survey ,?35% purchase in bulk, hoarding quantities?of Dogs ate well during the pandemic, which boosted sales for manufacturers Business Wire predicts that the Australian?pet?food?market?will?grow

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. GEON Embarks on a Digital Transformation GEON Performance Solutions is embarking on a supply chain transformation.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 236

Supply Chain Shaman

FEBRUARY 27, 2020

Each survey that I do comes back with data as a major challenge. How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. We don’t understand why the investments of ERP and advanced analytics are not yielding better results…. S&OP Challenges. Reflection.

Analytics Software 243

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 243

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. For example, software vendors often sell software and support services to the end-user on behalf of large IT corporations. The vendor, however, is at the other end of the supply chain.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. DEMAND FORECASTING. LACK OF AUTOMATION.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Supply Chain Game Changer

NOVEMBER 16, 2022

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

Optimal Sourcing 19

Optimal Sourcing Procurement Analytics Manufacturing Procurement Supply Chain Software 19

Supply Chain Game Changer

SEPTEMBER 30, 2022

How to convince buyers to leave reviews every time they make a purchase? Remember how many times you hesitated about any purchase, and decided only because the enthusiastic responses of other consumers gave you the lack of confidence. In surveys, consider answer options so that each client can easily choose the right option.

Eliminating Excel in Purchasing 66

Eliminating Excel in Purchasing Procurement Solutions Procurement Analytics Survey 66

Supply Chain Game Changer

SEPTEMBER 30, 2020

Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020).

Procurement Analytics 53

Procurement Analytics Procurement Solutions Eliminating Excel in Purchasing Supply Chain Software 53

crisp

MARCH 24, 2022

We surveyed CPG teams using Crisp (and consulted our in-house product expert) for tips on data-driven retail marketing that makes a measurable impact. They can purchase (expensive) syndicated data, but that involves multiple players, multiple reports, and infrequent updates. A marketer’s best friend.

Retail 98

Retail Data How To Supply Chain Planning Software 98

SCMDOJO

MAY 6, 2022

Modern enterprises rely on supply chain software to track several activities, including manufacturing and distribution of goods. The benefits include cost savings and a quick turnaround time from development to implementation. However, most of these systems were created before web technologies existed or were in their infancy.

Supply Chain Design Software 110

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 110

Supply Chain Shaman

MARCH 3, 2018

Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. Instead, companies need to build it into digital process redefinition like digital path-to-purchase, digital procurement, digital agriculture, digital manufacturing or digital service.

Supply Chain Design Software 152

Supply Chain Design Software Manufacturing Procurement Network Design Software Supply Chain Planning Software 152

Enterra Insights

FEBRUARY 13, 2019

Machine learning is providing the needed algorithms, applications, and frameworks to bring greater predictive accuracy and value to enterprises’ data sets and contributing to diverse strategies succeeding.”[1] Machine learning can prove useful all along the supply chain from procurement to production to marketing to after sales support.

Optimal Sourcing 124

Optimal Sourcing Columbus Procurement Analytics Predictive Analytics 124

Supply Chain Game Changer

MAY 5, 2021

Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster.

Sourcing Strategies 52

Sourcing Strategies Material Savings Inventory Reduction Cost Reduction Strategies 52

Enterra Insights

JUNE 26, 2018

Thanks to smartphones, the digital path to purchase has become the preferred consumer journey in the United States. Although the digital path to purchase opens new avenues to reach potential customers, it’s a path easily abandoned if consumers have a bad experience. Data consistently supports these theories. ”[4].

Procurement Analytics 100

Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 100

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. More agile on fulfilling requests and custom solutions. Pros: Fast-paced atmosphere. Many are SaaS companies. Track record.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Supply Chain Shaman

APRIL 15, 2015

As shown in Figure 1, users are more satisfied, the implementations are shorter and there is greater Return on Investment of solutions from Best-of-Breed solution providers—especially if the best-of-breed solution providers used are industry-specific. Using quantitative surveys, we collected the data in Figure 1 in 2014.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 150

Supply Chain Shaman

JUNE 14, 2014

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. Our current processes and dependencies on Excel spreadsheets cannot get us to our goal. E2open last week announced the purchase of Serus. It is time to move to a many-to-many data model.

Optimal Sourcing 287

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 287

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. 84% of consumers have purchased a sustainable product in the past six months, which is up from 67% in 2021.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Locus

OCTOBER 21, 2022

According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. To provide consumer experiences for your online shoppers after they make their purchases, click here. This is also how you equip them for excellence. Talk to Our Experts.

Demand Planning Software 52

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

Supply Chain Game Changer

SEPTEMBER 2, 2022

Digital money supports various other future currencies and is an excellent initiative for the people to use their ideas. Another alternative is analytics which teaches the investor about creating commerce with other people. It provides the analytic tools and the other instruments to be critical of the Bitcoin profit.

Currency 91

Currency Analytics Software Supply Chain Network Software Purchasing Skills 91

Supply Chain Shaman

MAY 3, 2015

Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” We are systemically evaluating each industry in the Supply Chain Insights Metrics That Matter series of reports. However, let’s face facts.

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 150

Supply Chain Shaman

SEPTEMBER 20, 2015

How do they buy from you? How do they buy from you?” ” Currently working on a series of surveys to help clients answer these two questions, I struggle with the current state. I find that in this world of the global multi-national that procurement processes have become convoluted and increasingly complex. (In

Inventory Reduction 150

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 150

Resilinc

NOVEMBER 14, 2023

For example, if a company’s shipment gets stopped by customs at the border, they may be required to show where it was manufactured through proof of purchase orders and invoices. In parallel, companies should leverage Resilinc to issue surveys to suppliers. When an event happens, they rely on Excel sheets and hundreds of phone calls.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Most manufacturers prefer to leverage analytics data over traditional forecasting methods.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52