Logistics Viewpoints

FEBRUARY 3, 2022

Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Is supply chain inventory the problem?

Inventory Reduction 291

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 291

Precoro

MAY 19, 2023

According to McKinsey survey of global supply chain leaders , only 53% of respondents describe the quality of data in their supply chain planning systems as “sufficient” or “high.” By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Enterra Insights

APRIL 2, 2024

The checkout kiosks bleat and flash when you fail to set a purchase down in the right spot. Journalist Chris Gorrie reports, “Walmart’s heavy reliance on self-checkout has necessitated the deployment of workers as makeshift security personnel, actively monitoring customers for potential theft.”[2]

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Supply Chain Shaman

JUNE 30, 2023

His organization purchased an advanced planning technology from well-known best of breed provider, and the implementation should have been successful, but it was not. As a result, demand planning is largely manual, inventory management is a series of manual inputs, and production planning is via spreadsheet. (BTW,

Supply Chain Planning Software 329

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Eliminating Excel in Purchasing 329

QAD

MAY 23, 2023

The International Labor Organization reports that 27.6 ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development.

Procurement Solutions 93

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 93

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

ToolsGroup

JUNE 2, 2021

The implications are much broader–if you implement the wrong software, you hinder your organization’s overall supply chain strategy and business objectives. Planning and preparation are paramount when beginning the planning software selection process. Implementing new supply chain planning software is not a one-and-done.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling Software 156

Logility

JANUARY 25, 2022

ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. Logility is a wholly owned subsidiary of American Software, Inc. Logility, Inc., NASDAQ: AMSWA).

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 204

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. INVENTORY STRATEGY.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

ToolsGroup

MAY 11, 2022

Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supply chain threats but lack people to make transformation succeed. From January to March 2022, CSCMP and ToolsGroup surveyed more than 300 supply chain professionals around the world. About ToolsGroup.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! The issue wasn’t poor planning – they had the inventory. When investing in a modern supply chain software solution, remember that you work in supply chain.

Supply Chain Planning Software 226

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 226

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

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. As Thomas pointed out, inventory management is especially critical during the holiday season.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. This is alarming.

Procurement Solutions 49

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 49

Clear Spider

OCTOBER 10, 2023

Shorter trend cycles, rising costs of goods, and high demand for seasonal products like candy, costumes, and decorations are all haunting manufacturers and retailers globally. In the fast-paced world of seasonal inventory, trend forecasting is crucial for success. These changes make it difficult to accurately predict consumer behavior.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting Software 52

Supply Chain Game Changer

JANUARY 10, 2019

Article provided to Supply Chain Game Changer by Katalin Brennan at Eyvo E-Procurement. We’ve all heard of the need for Procurement to embrace the Digital Transformation for many years. There are few procurement-specific personality surveys available. There are few procurement-specific personality surveys available.

Optimal Sourcing 61

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 61

BlueYonder

DECEMBER 1, 2022

6-8, among many others, in an effort to sell off their excess inventory. To help uncover the latest consumer trends from this weekend, Blue Yonder surveyed over 1,000 consumers who shopped during one of the five shopping days (Thursday, Nov. Consumers still value flexibility for getting their purchases. 24-Monday, Nov.

Survey 64

Survey Purchasing Skills Supply and Demand Price Reduction 64

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. This is alarming.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 40

Unleashed

JANUARY 29, 2024

Stock-keeping-unit (SKU) rationalisation is an inventory management method for improving the performance and profitability of your business. As a business strategy, SKU rationalisation helps you to reduce business costs, improve inventory management, increase operational efficiency, and enhance your brand image.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

ToolsGroup

DECEMBER 16, 2021

After all, why pay full price when you can purchase the exact same item for less? Investing in a modern promotion management solution is the best way to ensure your customers get the products they want at a fair price, making them less likely to turn to your competitors, while still ensuring that you meet your fiscal targets.

Retail 194

Retail Purchasing Skills Procurement Solutions Procurement Analytics 194

Unleashed

MAY 9, 2024

It measures the effectiveness of the production process in minimising waste, reducing costs, and maximising output with the available resources. Efficiency focuses on improving metrics like machine uptime, cycle time , defect rates, and utilisation of labour and equipment.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Resource Reduction Inventory Reduction 52

Enterra Insights

AUGUST 31, 2023

During this period of changing consumer behavior, retailers experienced an inventory mismatch and inflation reared its ugly head. Fortunately, the deep recession that many economists predicted didn’t emerge. ” It also means that many of their purchases will be made through social channels. How long can that continue?”

Packaging 246

Packaging New York Procurement Analytics S&OP 246

ToolsGroup

OCTOBER 3, 2022

For example, according to a recent PwC survey, acquiring and maintaining talent is one of the top two risks for business executives. With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas. .”[2]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. 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

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. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Precoro

NOVEMBER 27, 2023

In fact, according to Precedence Research , the global market for healthcare software was estimated at USD 28.66 However, navigating the large healthcare software market poses some questions: Which medical solutions should be prioritized, and what benefits does digitalization bring? billion by 2032.

Procurement Solutions 59

Procurement Solutions Prescriptive Analytics Software Analytics Software Optimization Software 59

Unleashed

AUGUST 20, 2023

For customers, it can mean the time it takes to receive an order after they have purchased it. For product sellers, it can refer to how long it takes to receive raw materials or bulk products after placing a purchase order with a supplier. There are many definitions for lead time in supply chain management.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Logility

OCTOBER 29, 2021

To optimize throughput and capacity utilization, process manufacturers must effectively manage inventory, apply predictive analytics, and gain supply chain transparency through digital transformation. 4 Digital Solutions That Address the Top Challenges for Process Manufacturers. Is inventory keeping up with demand?

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Enterra Insights

DECEMBER 16, 2021

”[1] His prediction proved accurate. Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 ”[2] The USDA went on to predict, “In 2022, food-at-home prices are expected to increase between 1.5 In November, the U.S. ”[6].

Supply Chain Design Software 130

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

Enterra Insights

JULY 9, 2021

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] notes, “It’s the most cost-effective to have the customer pick their own goods.”[7] percentage points).

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Enterra Insights

NOVEMBER 25, 2022

Business reporter Jordyn Holman ( @JordynJournals ) explains, “In 2020, it was pandemic closures and social distancing. They conclude, “This means that, even as the internet and smartphones have revolutionized the way we shop, the seasonal timing of our purchases hasn’t changed much.” Now, the problem is demand.

Purchasing Skills 130

Purchasing Skills Procurement Analytics Procurement Solutions Retail 130

Supply Chain Shaman

MAY 3, 2015

When it comes to the management of inventory in value chains, frustration abounds. Executive, after executive, lament, “They have purchased many technologies and sponsored many projects to reduce inventories, but they are not seeing results.” Inventory is the culmination of many business decisions.

Inventory Reduction 150

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

Enterra Insights

DECEMBER 20, 2018

Koesters reports a study by IDC found, “40% of digital transformation initiatives will be supported by cognitive computing and AI capabilities to provide critical, on-time insights for new operating and monetization models. ” Building software more quickly. ” Leveraging robotic process automation (RPA).

Analytics Software 113

Analytics Software Predictive Analytics Software Supply Chain Design Software Supply Chain Software 113

ShipBob

JUNE 29, 2022

You need tools and technology solutions working together in order to receive payments, process orders, and send them to the fulfillment queue. In this post, we’ll take a closer look at what ecommerce enablement is, how to get started, and what software and tools you can use. Purchase a domain. Let’s find out.

Inventory Management Software 52

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