River Logic

AUGUST 14, 2019

The value of predictive analytics allows companies to view the history of a seasonal product’s raw materials, for example, and predict how procurement needs to source the upcoming season’s inventory.

Optimal Sourcing 100

Optimal Sourcing Supply Chain Optimization Predictive Analytics Price Mitigation Strategies 100

Jaggaer

JANUARY 28, 2019

As we’ve explored in our last two blog posts, economists are predicting a decline in global economic growth due to policy and trade issues both in the United States and the European Union , bringing an increased risk to supply chains and procurement organizations.

Manufacturing Procurement 40

Manufacturing Procurement Optimal Sourcing Sourcing Strategies Procurement 40

ToolsGroup

SEPTEMBER 25, 2019

New survey finds that most companies are still formulating and gaining support for a digital strategy, with fear of change and data challenges as leading roadblocks. . Drivers of supply chain planning digitization vary significantly by company, with 42% identifying increased operational efficiencies (e.g. BOSTON, Mass.

Supply Chain Planning Software 136

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Supply Chain Software 136

Supply Chain Shaman

JANUARY 31, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. As companies grappled with growing and achieving global scale, the organizations became larger. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

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. Technology.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 40

Supply Chain Shaman

FEBRUARY 7, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. As companies grappled with growing and achieving global scale, the organizations became larger. The US GDP in 2021 grew at an unexpected rate of 5.7%

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

JUNE 23, 2020

I find in my Supply Chains to Admire research that 96% of companies (when compared to their peer groups) are unable to drive improvement while delivering higher performance year-over-year on a balanced scorecard of growth, inventory turns, operating margin and Return on Invested Capital (ROIC). They did it. Shifts in Technology.

Supply Chain Design Software 297

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 297

Logistics Viewpoints

JULY 22, 2021

The process as is implemented in many companies focuses on balancing demand and supply based on preestablished rules and policies that serve as guardrails for the planning process. Then the process was put to test in recent times, as increasing demand and supply side shocks caught companies flatfooted.

S&OP 245

S&OP Supply and Demand Optimal Sourcing Supply Chain Design Software 245

Supply Chain Shaman

JULY 30, 2022

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. In each industry sector, companies face unprecedented variability. The shifts in growth from 2019-2021 are dramatic.

Supply Chain Design Software 195

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Data 195

ToolsGroup

APRIL 17, 2019

BOSTON (April 17, 2019) – ToolsGroup, a global leader in supply chain planning software, today shared it will exhibit and present at the American Supply Chain Summit 2019 , taking place April 25-26 in Dallas. Our customers consistently see service levels increase while inventory, cost, and waste go down.”.

ToolsGroup 120

ToolsGroup Supply Chain Software Optimal Sourcing Supply Chain Design Software 120

Supply Chain Shaman

OCTOBER 29, 2020

I define collaboration as the ability to establish long-term win/win value propositions between and among companies. Inventory, in this time of uncertainty, is the organization’s most important buffer to protect against variability. However, organizations are not good at managing inventory. Let me explain. My takeaway?

Optimal Sourcing 240

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 240

Logistics Viewpoints

MARCH 29, 2021

Mr. Elias and Mr. Stauffer spoke about the digital transformation the company is going through. The company is still somewhere in the “crawl/walk” phase. Run” will include using the platform for inventory optimization and to support interesting internet-of-things (IoT) and artificial intelligence (AI) projects.

Optimal Sourcing 157

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 157

Jaggaer

MAY 12, 2020

In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. Autonomous Procurement: The Reality versus the Hype.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Design Software Procurement Predictive Analytics Software 52

ToolsGroup

MARCH 17, 2020

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. Will your company merely survive it, or will you keep your foot on the gas and surpass expectations?

Supply Chain Planning Software 215

Supply Chain Planning Software Modeling Scenario Planning Supply Chain Planning 215

Logistics Viewpoints

MARCH 8, 2021

When companies implement enterprise software solutions, they often label that implementation as being part of their company’s digital transformation. It requires a company to further leverage the supply chain design philosophy. The company sells their products across three primary brands targeted at different demographics.

Supply Chain Design Software 255

Supply Chain Design Software Supply Chain Planning Software Supply Chain Transformation Modeling 255

Supply Chain Shaman

AUGUST 12, 2020

The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis. Putting all companies in a spreadsheet and shaking them up made no sense to me. During the presentation, I squirmed uncomfortably in my seat. The reason?

Gartner 243

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 243

C3 Solutions

JULY 30, 2020

While the tech is "clearly past the early innovator phase…now we need to find out how to get it more mainstream," said Bill Hoffman, president of Object Management Group, a not-for-profit technology standards consortium, speaking at an IoT conference in October 2019. Where's the ROI? Retail has the lowest margins of any sector, at.5

Gartner 127

Gartner Internet of things Supply Chain Design Software Supply Chain Software 127

Enterra Insights

JULY 28, 2020

”[2] The explain, “Traditional supply chains, reliant on manual processes, simply cannot keep up with the pace of today’s market; the processes for balancing inventories and forecasting used ten years ago are quickly overwhelmed. Yet many companies underinvest in technologies like supply chain AI and machine learning.”

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Inventory Reduction 100

NC State SCRC

APRIL 2, 2023

Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. We started in 2012 as a finance back office, which included elements of the procure to pay process. A shared service is a Center of Excellence in effect.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

BlueYonder

MARCH 6, 2020

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. The second is the shortage of parts and products from suppliers located in the heart of the outbreak – China – that companies need to make products and keep store shelves stocked. The third is exports to China.

Real-time Visibility 89

Real-time Visibility Modeling Supply Chain Planning Software Supply Chain Software 89

EC Sourcing Group

DECEMBER 17, 2018

His company was called in by a producer of high-end beverages. Ultimately, they invited 18 companies to participate in the RFP. Agreed to Net 45 payment terms based on inventory pull – the company had previously paid 50% six months in advance for each order. Most people in procurement dislike change.

Manufacturing Procurement 40

Manufacturing Procurement Negotiating Skills Negotiate Pricing Quality 40

Enterra Insights

JUNE 14, 2019

As we look further ahead to late-2019, 2020 and 2021, the need for AI/ML will be essential for businesses to stay competitive and will become the standard process companies will look towards to make intelligent decisions based on quantifiable data rather than traditional industry knowledge and executive instinct.”[2] ”[3].

Supply Chain Network Software 113

Supply Chain Network Software Optimization Software Analytics Software Predictive Analytics Software 113

AFFLINK

MAY 17, 2019

With this instant-gratification culture, smaller and mid-sized companies are feeling the pressure to keep up with larger, global enterprises. How will these supply chain trends shape 2019? Unless stores want to maintain a constant inventory of all of their available products, they need technology and better warehouse management.

Supply Chain Software 72

Supply Chain Software Agile and Lean Supply Chain Inventory Management Software Predictive Analytics Software 72

Enterra Insights

AUGUST 11, 2022

” He’s correct — IF companies implement strong risk management programs. As a result, Rice recommends following common sense advice provided by the National Weather Service, “The time to prepare for a hurricane is now, when people [and companies] have the time and are not under pressure from an approaching storm.”

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Predictive Analytics Software Supply Chain Planning 130

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ModusLink Corporation

NOVEMBER 18, 2021

Any steps taken to become greener will favor companies in visibility, credibility, and develop a leadership reputation. When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. Bhattacharjee, 2015). The purpose of going green is shown in the table. Vishal Gupta, 2013).

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

Enterra Insights

FEBRUARY 6, 2020

Further, demands on supply chains are increasing exponentially as companies vie to meet consumer desire for more personalized products and services, delivered exactly when and where they specify, very quickly, at the same low cost.” Finished goods inventory? ” The transformation imperative. Supply chain risks? ”[4].

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Transformation Supply Chain Software Agile and Lean Supply Chain 100

ToolsGroup

MAY 13, 2019

BOSTON (May 13, 2019) – ToolsGroup, a global leader in supply chain planning software, announced today that David Barton has joined ToolsGroup as the new general manager of North America. Barton succeeds Patrick Smith, who served as managing director for North America from 2011 to February 2019. About ToolsGroup.

North America 48

North America ToolsGroup America Supply Chain Planning Software 48

Requis

MARCH 10, 2020

Up until now, sustainability practices were considered a ‘nice to have’ for a business— something that looks good in the About section of the company website, but nothing more. With an uptick in media reports on environmental crises like the Australian bush fires of 2019, there has been a renewed sense of urgency on climate change issues.

Manufacturing Procurement 52

Manufacturing Procurement Material Savings Sustainability Waste Reduction 52

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. CMA CGM, the third largest ocean carrier, is increasingly oriented towards shippers, with the vertical acquisition of CEVA in 2019.

Price Reduction 178

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 178

Logistics Viewpoints

FEBRUARY 28, 2022

A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. A company can go bankrupt, and a machine could be programmed to understand that.

Optimal Sourcing 283

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 283

Supply Chain Matters

JULY 20, 2022

front that retailers and certain businesses may have procured too much inventory , and now that these inventories have arrived, the challenge will be not to exposed to a decline in consumer buying activity in the months to come. percent of GDP between the two years from 2019 to 2021. percent of GDP to 6.2

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Supply Chain Strategy Supply Chain 98

Supply Chain Matters

JULY 6, 2022

Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. The company has announced plans to leave the Russian market because of operational and other challenges related to the ongoing Russia-Ukraine conflict.

Supply Chain Disruption 52

Supply Chain Disruption Inventory Reduction Examples Supply Chain Strategy 52

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. It seems that many companies still don’t get the fact that the supply chain is the heart, lifeblood, and backbone of a commercial enterprise, all rolled into one.

Inventory Reduction 102

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 102

Enterra Insights

JUNE 13, 2019

To counterbalance such potential negative effects, companies should pay just as much attention to a less appreciated source of competitive advantage: resilience.”[1] Similarly, business resilience, is fundamental for a company to withstand major disruptions and survive an unpredictable, turbulent future.” ”[2].

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 100

NC State SCRC

NOVEMBER 2, 2021

In our most recent supply chain career fair , we had 45 companies attending, 164 student candidates attending, and more than 592 one-on-one interviews taking place! A study conducted by LinkedIn’s Economic Graph team , compared recent job-switching patterns (July through September 2021) with the same three-month period in 2019.

Supply Chain Planning 52

Supply Chain Planning Supply Chain Supply and Demand Scenario Planning 52

CH Robinson Transportfolio

SEPTEMBER 28, 2021

Robinson Director of Research and Market Intelligence: The truck driver shortage is top of mind for many as supply chain disruptions continue, port backlogs persist, and the gap between inventory supply and sales demand widens. The answer is not simple and involves research and analysis across a number of factors.

Michigan 82

Michigan Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 82