NC State SCRC

NOVEMBER 6, 2017

The Supply Chain Resource Cooperative held its first ever “Executive Roundtable on Excess and Obsolete Inventory” on the NC State campus on October 25, 2017. Executives need to deal with inventory issues as they arise! Is there a senior management team committed to driving down Excess and Obsolete inventory levels.

Inventory Reduction 58

Inventory Reduction Forecasting Inventory Supply Chain Design Software 58

Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[3] They go on to note, “A traditional ERP simply cannot keep pace with the rate of change and the need to innovate and optimize quickly, accurately, and cost-effectively. ”[5].

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

Supply Chain Game Changer

NOVEMBER 19, 2018

From planning to negotiating to buying, from moving goods to processing goods, and from managing data to managing inventory. While every function must help your company grow and prosper when the heat is on uninformed Executives can view Supply Chain as merely a Cost Centre. And the reality is that Supply Chain must be cost-effective.

Negotiating Skills 84

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 84

Enterra Insights

NOVEMBER 5, 2018

By December, 2017 had seen 26 major retail bankruptcies (defined in this case as companies with more than $50 million in liabilities).”[1] shoppers still prefer to make most of their purchases in-store.” For businesses, this means that an efficient supply chain with a well-managed inventory tracking system is essential.

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

Enterra Insights

AUGUST 14, 2019

. … Customer centricity is not just about offering great customer service, it means offering a great experience from the awareness stage, through the purchasing process and finally through the post-purchase process. Analytics can give companies deep insights into these aspects of their customers.”

Price Reduction 100

Price Reduction Inventory Reduction Optimal Sourcing Procurement Analytics 100

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Pioneered the use of vendor-managed inventory.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Requis

OCTOBER 10, 2019

Consumers follow emotional impulses to purchase a fun t-shirt or a cool gadget. Procurement managers are under a great deal of pressure to find what’s needed, and find it quickly and accurately. Procurement managers are under a great deal of pressure to find what’s needed, and find it quickly and accurately.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Supply Chain Design Software Buyer Training 40

Requis

OCTOBER 10, 2019

Consumers follow emotional impulses to purchase a fun t-shirt or a cool gadget. Procurement managers are under a great deal of pressure to find what’s needed, and find it quickly and accurately. Procurement managers are under a great deal of pressure to find what’s needed, and find it quickly and accurately.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Supply Chain Design Software Buyer Training 40

Unleashed

FEBRUARY 8, 2023

James Ewing: Procurement Manager at Renewable Parts Ltd. While this may prevent critical stockouts, it’s created another problem: All their cash is tied up in inventory, leaving manufacturers desperately scrambling to pay bills and employees on time. We’ve been using Unleashed since very early 2017,” he says.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

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

Supply Chain Shaman

NOVEMBER 27, 2016

The SAP acquisition of Ariba slowed innovation and the purchase, and then the failed promise of investment in Crossgate was disappointing to SAP supply chain business users. Traditional procurement functionality in SRM focused on improving transactional efficiency. Future of Analytics in the Building of Supply Chain 2030.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Trends Prescriptive Analytics Software 150

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 33

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement 33

Supply Chain Shaman

DECEMBER 4, 2018

For the past five years, the team at Supply Chain Insights identified Supply Chains to Admire Award Winners by analyzing performance by peer group on the key metrics of growth, operating margin, inventory turns and Return on Invested Capital (ROIC). Diversified Industry Performance For the Period of 2010-2017. Meet Ernest.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

Supply Chain Game Changer

NOVEMBER 16, 2018

We talked about many ways to impact your Culture, regardless of what improvements you are trying to accomplish, in our Blog post Inventory Turnover Breakthrough (Part 4) – Creating the Culture to Break Barriers! In the situation I was in there were obviously no metrics that were being reviewed and used.

Procurement Analytics 53

Procurement Analytics Inventory Reduction Metrics Forecasting 53

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. Advanced and predictive analytics. Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 298

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

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Supply Chain Game Changer

NOVEMBER 25, 2018

Inventory Turns 3. (10%). As I reviewed the list it struck me that it looked very close to the list I remember seeing from 2017. And Lenovo and Nokia were dropped from the 2017 list. Return on Assets (ROA) and Inventory turns are also a part of the scoring process. Further an Inventory turn of 1.0 Peer Opinion 1.

Gartner 60

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 60

6 River Systems

FEBRUARY 3, 2020

IoT supports operational efficiencies in areas such as asset tracking, inventory management and forecasting, improving productivity and aiding decision-making across the supply chain. Advanced and predictive analytics Advanced and predictive analytics are deployed in real- or near-real time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 59

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. He cites data from the American Trucking Association that wages have risen between 15 and 18 percent from 2013-2017, and says this should mean that the shortage will be overblown. Fallacy 4: Improved forecasting will always lead to lower inventory levels.

Manufacturing Procurement 49

Manufacturing Procurement Supply Chain Planning Software Purchasing Skills Supply Chain Software 49

Unleashed

MARCH 14, 2021

Instead of a dedicated team managing supplier relationships, it might be the procurement manager who manages that as part of their role. In 2017, the Grocery Manufacturers Association estimated that a single EMA incident results in an annual revenue loss of 2-15%, depending on the business size. Food supply chain challenges and issues.

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

Logistics Bureau

DECEMBER 9, 2019

Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory. Within two hours of the order being placed, the purchaser’s items arrive at the requested location, which might be any point that the customer marked with a pin on a digital map.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Software Trends Agile and Lean Supply Chain 96

Supply Chain Game Changer

NOVEMBER 23, 2018

especially procurement and logistics?—?in It was reported in mid-June by Zion Market Research that global “blockchain technology in supply chain management marke t was valued at around USD 40.99 million in 2017 and is expected to reach approximately USD 666.61 million in 2017 and is expected to reach approximately USD 666.61

SCM 50

SCM Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 50

Unleashed

DECEMBER 19, 2018

Multichannel selling allows customers to shop and purchase through whichever channel they prefer. Each channel offers a separate opportunity to interact with the brand and make purchases. To understand the B2B eCommerce model, let’s break it down to its components: the business-to-business part, and the eCommerce part.

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

Supply Chain Game Changer

NOVEMBER 14, 2018

Big Data and Analytics, and Digitalization are all phrases that are emblematic of revolutionary changes both today and in the future. There is no longer any need to send, change, and receive purchase orders on paper or by fax. All purchase order activity can be managed electronically. © Copyright Mortson Enterprises Inc, 2017.

Negotiating Skills 73

Negotiating Skills Purchasing Skills Supply Chain Skills Buyer Training 73

Enterra Insights

MARCH 29, 2018

” Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies they use to make the shopping journey a seamless one. Analysts from Veridian explain, “Retailers must align inventory placement, its physical location, with demand.

Omnichannel 100

Omnichannel Inventory Reduction Cost Reduction Strategies Manufacturing Procurement 100

Supply Chain Game Changer

NOVEMBER 21, 2018

A Sales, Inventory and Operations Planning (SIOP) business process is an essential element for running a successful business. SIOP will allow you to improve your forecasting, capacity and resource planning, cash flow, and inventory levels. The Procurement/Supply Chain team needs to order the materials and manage inventory levels.

Sustainability 59

Sustainability Forecasting Supply Chain Planning Software Forecasting Software 59

Material Handling & Logistics

FEBRUARY 19, 2018

purchasing/procurement manager with a manufacturer of building equipment with 21-25 years of experience, living in the South Atlantic region and earning $36,00. inventory/materials manager with a food & beverage manufacturer with 26-30 years of experience, living in the Middle Atlantic region and earning $107,000.

Survey 75

Survey Manufacturing Procurement Pharmaceutical Purchasing Skills 75

Supply Chain Game Changer

JANUARY 14, 2020

Inventory Turns 3 (10%). As I reviewed the list it struck me that it looked very close to the list I remember seeing from 2017. And Lenovo and Nokia were dropped from the 2017 list. But overall most of the list was the same as 2017. Return on Assets (ROA) and Inventory turns are also a part of the scoring process.

Gartner 10

Gartner Supply Chain Design Software Supply Chain Software Supply Chain Design 10

Supply Chain Trend

DECEMBER 13, 2016

Currently as the Director of Supply Chain for Newell Brands Applied Materials, he oversees the SIOP process, production planning, procurement, warehousing, and logistics for servicing big box retailers including Walmart, Lowe’s, and The Home Depot. I have purchased the E-Book myself and truly enjoyed it. . Just keep moving forward.

S&OP 60

S&OP Supply and Demand Supply Chain Planning Software Analytics Software 60

Unleashed

DECEMBER 20, 2022

Here’s a quick breakdown of the 3 types of products sold online: Physical goods: Anything that you can purchase in a traditional brick-and-mortar store, from groceries to homewares, building supplies and even motor vehicles. Services: Professional services that may be purchased over the internet.

Modeling Software 96

Modeling Software Demand Planning Software Inventory Management Software Forecasting Software 96

GlobalTranz

FEBRUARY 10, 2017

2017 will not be a bed of roses for third party logistics service providers, nor will the coming year be filled with thorns in the sides of major supply chain entities. By understanding how the industry will evolve throughout 2017, you can prepare your organization for the challenges and opportunities that will come.

Third Party Logistics 120

Third Party Logistics Logistics Network Optimization Software Procurement Analytics Purchasing Skills 120

Enterra Insights

FEBRUARY 20, 2019

Yet all of the functions that we now associate with Supply Chain have been around for a very long time: Planning, Inventory Management, Logistics, Procurement and Purchasing, Warehousing and many more.”[2] Evaluate inventory policy, sourcing modifications, and commercial terms. Calculate key considerations.

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 113

Talking Logistics

DECEMBER 16, 2016

Other examples: The United States Postal Service (USPS) published a report in May titled Blockchain Technology: Possibilities for the U.S. Postal Service , with supply chain management as one of the focus areas; in October, as reported by Reuters, “IBM, U.S. What will happen in 2017? Will prices continue to increase in 2017?

Predictive Analytics Software 50

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 50