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5 Reasons why eAuctions Drive Better Savings

SCMDOJO

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

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A Conversation with Vittorio Favati, TVS Supply Chain Solutions GFS

The Logistics & Supply Chain Management Society

As part of LogiSYM Asia Pacific 2022, we had the opportunity to chat with Vittorio Favati, Chief Executive Officer – TVS Supply Chain Solutions GFS. Currently, I am leading the Global Forwarding Solutions (GFS) business of TVS SCS. while nearly doubling the size of the company.

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E2open Acquires Zyme: A Bridge Too Far?

Supply Chain Shaman

The company is a CRM solution. The Zyme solution improves revenue management, warranty and rebate processes. It is a larger acquisition than the prior purchases of Terra Technology , Steelwedge , or SCM-Icon. The company was one of a handful of exchanges to survive the market hype 2000-2003 period. Investors moaned.

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Walmart and the Past, Present, and Future of RFID

AB&R

Walmart’s RFID journey Walmart announced in 2003 that its top 100 suppliers must tag their pallets and cases starting by 2005. The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. HAVE QUESTIONS?

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Multi Currency ERP for Small Businesses – EMERGE App

EMERGE App

As a wholesaler and distributor, I’m willing to bet that you’re dealing with at least two currencies for your purchases and sales. In 2003 two of the top 10 trading nations were from Asia. We decided to develop our own inventory management to solve our pain points instead of settling for expensive, on-premise software.

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Walmart again Raises Chargeback Stakes

Enterra Insights

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.

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Supply Chain Matters This Week in Supply Chain Tech- March 17 2023

Supply Chain Matters

According to the SAP announcement , at a purchase price of $18.15 The software provider will continue to be led by its existing CEO Zig Serafin and reportedly will remain headquartered in Provo, Utah and Seattle, Washington. Hasso Plattner who co-founded SAP in 1972, stepped down from his CEO leadership role in 2003.