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

Logistics Viewpoints

DECEMBER 6, 2022

However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. 21% of online orders were returned in 2021, up from 9% in 2019. Compare this to the 9% returns rate of purchases made in-store. In the U.S,

Reverse Logistics 221

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 221

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

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. There is a tight scope of work and tight work rules.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Cost Reduction Strategies Inventory Reduction 52

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. The shifts in growth from 2019-2021 are dramatic. The decline in inventory turns uses cash. Background.

Supply Chain Design Software 195

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

Logistics Viewpoints

JANUARY 11, 2023

billion in 2019. Fast forward 5 years, and ARC’s 2019 base-year study estimated the market at $11.9 While time slot management applications work as a stand-alone application, it is more valuable when it is integrated into with other applications on a common platform such as warehouse- and yard management or visibility solutions.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 216

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

Logility

OCTOBER 29, 2021

With the right technology, process manufacturing strategy, planning, and management can be simplified. To optimize throughput and capacity utilization, process manufacturers must effectively manage inventory, apply predictive analytics, and gain supply chain transparency through digital transformation.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories. Brands must begin to wrap their heads around these immersive virtual spaces and plan their corporate metaverse strategy or run the risk of falling behind.” Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Supply Chain Shaman

JANUARY 31, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment.

Procurement Analytics 219

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 219

Unleashed

NOVEMBER 16, 2022

While this shift in stock strategy has let firms deliver to their customers within reasonable time frames, it has also fundamentally altered their financial performance. The average price paid for goods purchased. Fulfilment days – the period between receiving and fulfilling an order. In the same period GMROI dropped from 2 to 0.9

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Supply Chain Shaman

FEBRUARY 7, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. Still, organizations are less willing to test and try technology innovation due to the restrictions and guide rails placed on software procurement and deployment.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Synovos

JULY 24, 2023

For example, RS has reduced its Scope 1 and 2 carbon emissions by 58% since 2019/20 with progress made in the year through distribution center energy efficiencies and renewable electricity. It has also reduced its Scope 3 transportation emissions intensity by 28% since 2019/20, thereby achieving its 2029/30 goal seven years early.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Product availability was a clear problem during the pandemic: last holiday season, consumers saw over 6 billion out-of-stock messages online , a 253% increase over the 2019 season. in April 2021.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Unleashed

SEPTEMBER 7, 2021

Read more: Try the eCommerce inventory management software that unleashes your growth What is B2B eCommerce? A B2B eCommerce platform is software that facilitates transactions between businesses. Businesses can order stock online, and software is used to automate shipping, tracking and auditing of goods & services.

Inventory Management Software 97

Inventory Management Software Price Reduction Inventory Reduction Modeling Software 97

ToolsGroup

SEPTEMBER 22, 2021

Sarah Voorhees, senior director of demand and supply planning at American Tire Distributors (ATD) has spent the last 12 years of her career in supply chain leadership roles, where she’s reimagined demand and supply planning and inventory management practices at consumer goods and distribution companies. How did you overcome them?

Supply Chain Planning Software 177

Supply Chain Planning Software Gartner Supply Chain Software Agile and Lean Supply Chain 177

Enterra Insights

NOVEMBER 25, 2022

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.” Yet store pickup of online purchases was gaining steam.” They note, “Every purchase starts with a moment of curiosity.”[4]

Purchasing Skills 130

Purchasing Skills Procurement Analytics Procurement Solutions Retail 130

Vinculum

JULY 8, 2019

Date: 25-28 June 2019. With over 130 sessions and 600 top technology solution providers , IRCE saw huge participation of brands, retailers, 3PLs and brand distributors from all over the world. Vinculum’s Agenda at IRCE 2019. Sell and manage orders, inventory, and fulfillment across multiple sales channels.

Chicago 40

Chicago Supply Chain Design Software Supply Chain Software Supply Chain Network Software 40

Enterra Insights

JANUARY 14, 2020

In the retail world, BOPIS stands for Buy Online Pick-up In Store and for some retailers it has become the heart of their omnichannel strategy. In addition, it solves critical challenges in final mile strategies, reduces costs associated with inventory management, and more.”[2] ” Integrated Inventory Management.

Inventory Reduction 100

Inventory Reduction Omnichannel Cost Reduction Strategies Expense Reduction 100

GlobalTranz

JANUARY 21, 2019

So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. According to Steve Banker via Forbes , Amazon’s purchase of Whole Foods positioned the company to corner the omnichannel area , and Amazon went a step further.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

ShipBob

SEPTEMBER 29, 2021

From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. The optimization of a solid retail logistics strategy is key to operating a sustainable direct-to-consumer (DTC) retail business.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

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

Unleashed

AUGUST 30, 2021

Because even small manufacturing firms with limited capital can reduce the risk of suffering unexpected outages through measures like preventive maintenance, staff training and the use of smart manufacturing software. What is downtime in manufacturing? Possible causes of asset failure include: Machine jams and parts failures. User error.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Predictive Analytics Software Material Savings 98

BlueYonder

MARCH 24, 2022

In the report just mentioned, it is interesting to note that issues concerning human rights, working conditions, energy saving and renewable energy increased significantly from 2019 to 2020. With software solutions for end-to-end planning and implementation, it is possible to anticipate fluctuations and events and proactively adapt to them.

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 85

Unleashed

FEBRUARY 9, 2021

The way we eat, technology, people’s expectations — the knock-on effect of this is revolutionising much of the food industry, from the ingredients we buy to the food manufacturing software we use. Changing habits: Purchasing food that lasts. So what are the food processing trends to watch out for in 2021?

Food 94

Food Manufacturing Procurement Supply Chain Software Trends 94

Freightos

NOVEMBER 11, 2021

Maersk has unabashedly championed vertical integration for years, advocating an “end-to-end” strategy. 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

Enterra Insights

SEPTEMBER 14, 2022

. … The most important one is that there is a need to not only look at the demand side but to also look at the supply chain when one wants to improve the customer experience, especially when the customer intention is a purchase.”[2] The post Customer Experience and the Supply Chain first appeared on Enterra Solutions.

Gartner 130

Gartner Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 130

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. It’s a strategy that’s based on putting your customer first, and at the core of your business.”[2]

Price Reduction 100

Price Reduction Inventory Reduction Optimal Sourcing Procurement Analytics 100

Ware2Go

APRIL 5, 2022

Merchants can ensure that they are getting the most efficient final mile delivery by adopting a distributed fulfillment network in order to store their inventory as close as possible to their end customers. According to a new survey by UPS Capital, 74% of consumers expect accurate tracking information for online purchases.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Network Software Modeling Software Purchasing Skills 98

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. from 2019 to 2025. The global last-mile delivery market size is expected to reach $61.57 Source: Zebra Technologies).

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Vinculum

JULY 18, 2022

This information is vital to engage the customer with relevant brand products to purchase online just a click away and get the product at the doorstep in real-time. The supply chain management helps minimize the inventory lugging costs to attract the vast crowd. The system tries to keep the data safe and secure to eliminate fraud.

Inventory Reduction 52

Inventory Reduction Supply Chain Software Expense Reduction Cost Reduction Strategies 52

ModusLink Corporation

NOVEMBER 18, 2021

Due to climate change, firms are rethinking their strategies to guarantee environmental initiatives to start environmental actions. When the product has a defect after its production, it is sent back to the inventory to reuse or recycle it. A great example would be today’s prominence of climate change. Why go green? Mohsin Malik, S.

Waste Reduction 78

Waste Reduction Sustainability Material Savings Supply Chain Planning Software 78

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

The Logistics & Supply Chain Management Society

JULY 20, 2020

But the COVID-19 crisis, has required rapid operational solutions to unforeseen roadblocks. Quick solutions to employee shortages, remote working, and to ensure health and safety across the company need to be deployed. This boosts revenues and optimises inventory. These bottlenecks significantly change the priorities of leaders.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Enterra Insights

FEBRUARY 3, 2020

Modern retailers understand this new omnichannel reality and are adopting retail innovation strategies to meet shoppers wherever they are — and on whatever device they choose.”[2] In 2019, he notes, these transactions resulted in $3 trillion of sales. straight forward buying and selling). ” Trend 2. ”[6]. ”[7].

Predictive Analytics Software 100

Predictive Analytics Software Trends Retail Resource Reduction 100