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

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Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 193

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Supply Chain Matters

JULY 5, 2023

National labor contract renewal talks among parcel transportation and logistics services provider UPS and the International Brotherhood of Teamsters labor union have reportedly stalled after indications that a settlement was in reach several days ago. The existing contract between these two parties expires at midnight on July 31.

Procurement Analytics 52

Procurement Analytics Report Supply and Demand North America 52

Logility

AUGUST 31, 2023

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Enterra Insights

AUGUST 24, 2020

Daphne Howland ( @daphnehowland ) reports, “As stores were forced to close, digital sales were expected to take over. ”[1] As a result of increased ecommerce, the digital path to purchase has become a high street for retail sales. ” It may be less than ideal, but on the digital path to purchase, the consumer rules.

Procurement Analytics 100

Procurement Analytics Procurement Solutions Purchasing Skills Supply Chain Design Software 100

GlobalTranz

JULY 13, 2015

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

Procurement Analytics 120

Procurement Analytics Metrics Distribution Inventory Reduction 120

Logistics Viewpoints

FEBRUARY 2, 2024

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. In some cases, shoppers can send back different items than the ones they bought, return stolen items or claim a purchase never got delivered when it really did. After registering a 9.3

Cost Reduction Strategies 234

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Logistics Viewpoints

FEBRUARY 5, 2024

Russell Zuppo, a vice president for consulting services at Uber Freight, reports that in their customer base, Walmart suppliers are currently paying 0.16% of the cost of goods sold in fines to Walmart. Uber Freight is a major provider of managed transportation services. Proving that it arrived in-full is.

Shipping 243

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GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. For example, transportation management often focuses on the journey of products after manufacturing. The Definition of Procurement Logistics. Purchased parts and similar items.

Manufacturing Procurement 120

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

Barbara Schielke Chief HR & CSR Officer for Asendia explains how carbon offsetting, emissions reporting per parcel, and supply chain efficiencies are helping retailers green their e-commerce fulfilment. The International Post Corporation (IPC), found 44% of online shoppers have changed their purchasing behaviour to be more sustainable.

Shipping 243

Shipping Material Savings Procurement Analytics Waste Reduction 243

GlobalTranz

SEPTEMBER 19, 2017

Last mile logistics is among the most misunderstood parts of transportation networks. On the surface, last mile may not seem very important, but it can make up 28 percent of a shipments total cost. Most often, last mile logistics involves the use of parcel or small package carriers to deliver products to consumers.

Logistics Network Optimization Software 250

Logistics Network Optimization Software Cost Reduction Strategies Transportation Purchasing Skills 250

Logistics Viewpoints

FEBRUARY 9, 2024

That’s exactly what Amazon is doing as it with its “Ships in Product Packaging” (SIPP) program, which, as the name suggests, allows products to ship in their original box or bag without any added Amazon packaging. At this time, the company does not provide customers with any information about who is delivering their packages.

Logistics Network Optimization Software 214

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Logistics Viewpoints

DECEMBER 14, 2021

Integrated forecasting, store replenishment, warehouse procurement, purchase order creation, operational constraints such as storage space, unloading capacity, and commercial agreements such as vendor lead times, minimum order quantities, packaging configurations can hugely improve productivity and accuracy in the planning processes.

Supply Chain Planning Software 193

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Supply Chain Matters

JULY 21, 2023

A walkout would impact the movement of upwards of 20 to 25 million packages daily. While transport providers including FedEx , the U.S. One area that seems certain is that parcel delivery and logistics services costs are going to increase. transportation and logistics interests. The company filed a request in U.S.

Negotiating Skills 52

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Enterra Insights

MAY 16, 2023

Trying to paint a picture of the current consumer packaged goods (CPG) space would require an artist experienced in abstract impressionism. Across categories — but particularly in footwear, groceries, home improvement, and apparel — more lower-income consumers say they delayed purchases than those with higher incomes.

Analytics Software 130

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Logistics Viewpoints

OCTOBER 19, 2023

The order management system wasn’t effectively connected to the warehouse management system showing tables available or the transportation management system showing the carrier had returned my first table. Supply chains can make or break a customer experience and should be seen as an asset, not merely a cost center.

Supply Chain Planning Software 225

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 225

Locus Robotics

JANUARY 2, 2024

Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs. Machine Customers to Automate Purchases Machine customers are programs equipped with AI that buy or sell products.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Locus Robotics

JANUARY 2, 2024

Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs. Machine Customers to Automate Purchases Machine customers are programs equipped with AI that buy or sell products.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Logistics Viewpoints

MAY 27, 2022

Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 251

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Recently, CEVA Logistics joined the Singapore Changi Airport community in a humanitarian aid project to transport 14,000-kilogram of oxygen concentrators from Los Angeles to Jakarta via Singapore. We want to support and enrich these local communities through what we do best: logistics and transportation services. Acting for Planet.

Resource Reduction 242

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Intelligent Audit

JANUARY 9, 2023

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. Express and Ground packages not paid according to approved payment terms, as well as a $13.25 12 statement from FedEx. “

Logistics Network Optimization Software 52

Logistics Network Optimization Software Negotiating Skills Transportation Purchasing Skills 52

Unleashed

FEBRUARY 29, 2024

Retail management software is used for a variety of applications, including warehouse management , transport management, and merchandising activities. Smarter business decisions: Many retail software systems enable you to gather and report on key data that can help inform business strategy.

Prescriptive Analytics Software 52

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

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

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Enterra Insights

DECEMBER 26, 2022

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S. ”[2].

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

Logistics Viewpoints

JUNE 29, 2022

A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. It can take miles out of the transportation journey, air from a carton or box, or reduce trips to a specific neighborhood or house.

Sustainability 273

Sustainability Supply Chain Design Supply Chain Optimization Supply Chain 273

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

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

The Logistics & Supply Chain Management Society

MARCH 22, 2022

The platform’s capabilities include GPS and telematics tracking of shipments, vessels, vehicles, and packages on a global basis, including IoT devices with temperature sensors for temperature exception tracking of assets, including smart refrigerators and temperature-controlled storage devices. Real-Time Information with IoT and Telematics.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

SCMDOJO

MARCH 27, 2024

As an all-in-one package, it cleans megatons of junk and makes everything run faster. That could include AI-driven analytics, real-time tracking, and integration with loT devices. 3 Precoro Precoro simplifies procurement processes for small to medium-sized businesses. Cons: It is more focused on procurement.

Supply Chain Design Software 69

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Logistics Viewpoints

JULY 11, 2022

In many cases, Amazon can deliver these packages within hours of purchase. Amazon reported $2 billion in incremental costs from having excess fulfillment and transportation capacity. Meanwhile, their CFO reports that inflationary pressures – increased fuel costs, increased costs of international shipping, etc.

Supply Chain Network Software 244

Supply Chain Network Software Forecasting Purchasing Skills Forecasting Software 244

3rdwave

AUGUST 7, 2019

There are 4 fundamental areas where global transportation is challenged. Three of these challenges are variants on traditional transportation challenges and the last is relatively new but growing in importance. These challenges are: Information Accessibility – visibility, reporting & analysis, communication.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

GlobalTranz

SEPTEMBER 13, 2018

Primary Challenges in an E-Commerce Shipping Strategy Developing an e-commerce shipping strategy is about more than just considering e-commerce; e-commerce may include the omnichannel purchases in which customers use a variety of online and in-store devices and experiences to make a final decision and complete a purchase.

Price Reduction 181

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DELMIA Quintiq

DECEMBER 9, 2015

To do so, I will dive into data analytics and the role it could play in making supply chain logistics more efficient. Descriptive, predictive, and prescriptive analytics. When you talk about analytics, you probably use one of the three adjectives describing the nature of the beast: Descriptive, predictive, and prescriptive.

Predictive Analytics 120

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 120

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

GlobalTranz

JUNE 30, 2017

In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. Essentially, this creates a stronger level of customer service, and it can turn into additional purchases. Furthermore, companies must extend the buying cycle to get as much information as possible from consumers.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

Logistics Viewpoints

AUGUST 28, 2023

This claim was made again in UPS’s last annual report. The agreement requires in-cab air conditioning in most UPS delivery vehicles purchased after Jan. Two fans would also be installed in package cars, which make up most of the company’s 93,000-vehicle fleet. Newer vehicles would also be equipped with exhaust heat shields.

Purchasing Skills 184

Purchasing Skills Third Party Logistics North America Arizona 184

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. How to Begin Your Terms.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120