ToolsGroup

SEPTEMBER 22, 2020

Have you noticed how the clock speed of just about everything has sped up considerably in just a few years? Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. retail stores. retail stores.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Enterra Insights

MAY 31, 2022

The winning companies are those that correctly identify the problem to solve — the performance metric to improve. The data model will put a spotlight on the missing data. The well-worn adage that a company’s most valuable asset is its people needs an update,” he writes. 1] Staff writers at Gadget go even further. ”[3].

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. The average price paid for goods purchased. and fulfilment times fell, from 20 days to around two weeks. days on average.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Enterra Insights

AUGUST 18, 2021

1] Because IoT solutions affect every stage of supply chain operations, all supply chain professionals need to be better informed, not just manufacturing professionals. Inventory embedded with the proper sensors can be tracked in real-time via the IoT. It’s now up to IoT providers to ensure that manufacturers don’t get left behind.”[1]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Design 130

ivalua

JUNE 29, 2020

While it is a difficult time, you have to also applaud the heroic efforts of this industry as a whole. Unfortunately, it just got worse. According to 2019 Definitive Healthcare data, U.S. The healthcare provider world is facing tremendous strain as a result of the pandemic. Share on Twitter. Share on Twitter. Share on Twitter.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Unleashed

MARCH 2, 2021

Wearable healthcare works by collecting a user’s wellbeing and fitness data, and creating a personalised database of the user’s health metrics. They work by collecting a user’s wellbeing and fitness data, and creating a personalised database of the user’s health metrics. Profit margins in the wearable healthcare technology market.

Trends 98

Trends Procurement Analytics Supply Chain Design Software Demand Planning Software 98

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” For the fiscal year 2019, digital sales were 8.8%

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Enterra Insights

APRIL 22, 2019

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. ” The changes are set to take effect by May 2019. .”

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Supply Chain Game Changer

AUGUST 13, 2020

As the Coronavirus’ outbreak continues, and it’s residual effects upon the global economic state have only just begun, there are a lot of questions swirling around about the future of global business, and future application of globalization strategies. But what is globalization, really? Its worldwide expansion is an example of globalization.

Agile and Lean Supply Chain 121

Agile and Lean Supply Chain Supply Chain Strategy Global Supply Chain Design 121

Ware2Go

APRIL 20, 2022

Sustainable ecommerce is more than just a buzz-word. There’s no doubt that the ecommerce boom has changed the face of commerce, and now that it seems consumer shopping patterns may have changed for good, it’s time to step back and take a look at the environmental impacts of our new digital-first economy.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

Zipline Logistics

OCTOBER 27, 2020

Shoppers now want to purchase from brands that are congruent with their personal values. In a 2019 survey from Hotwire , 47% of consumers said they had recently switched to a different product or service because the company had violated their values. And sustainability has become a standout issue for many US consumers.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

Enterra Insights

SEPTEMBER 17, 2019

Name changes are difficult to make, especially if they have been used for a long time. Today, supply chains are networks that have evolved with the times. Blanding reports, “According to the researchers, ‘Supply chain industries are a distinct and large segment of the economy. The supply chain economy.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 100

Supply Chain Shaman

APRIL 27, 2022

The promise of a well-intended consultant just sounds sooooooo good. At each company, there is a relationship between the metrics of growth, margin, inventory, customer service, and asset strategy. For the purpose of this article, I will use Return on Invested Capital (ROIC) as the proxy metric to discuss asset utilization.)

Procurement Analytics 345

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 345

Zipline Logistics

MARCH 18, 2020

Sam’s Club stepped up its on-time, in-full (OTIF) expectations for its suppliers and, in some instances, exceeded standards set by its parent company, Walmart. It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance.

Vendor Strategies 52

Vendor Strategies Procurement Analytics Buyer Training Supply Chain Planning Software 52

Zipline Logistics

DECEMBER 1, 2020

Right now, we are seeing a shift away from the big box brand purchasing that defined the spring of 2020 to food trends more in line with what we have seen over the past several years. Consumers around the country are incorporating more of the diet’s staples into their lives, even those not committed to being plant-based full-time.

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Talking Logistics

APRIL 10, 2019

I got started just as the dotcom craze was taking off, with new logistics startups coming to market every day (all of them announcing they were “The world’s leading provider of X” even though they were just a few months old). Takeaways from Evolution 2019. One of my first clients back in 1999 was Descartes Systems Group.

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software 20

Unleashed

SEPTEMBER 7, 2021

One of the world’s most successful eCommerce businesses is Shopify, which provides its customers – across both B2B and B2C channels – with an eCommerce platform supporting trade, engagement, metrics, shipping and tracking services. B2B eCommerce is booming and will be crucial for business success in 2022 and beyond.

Inventory Management Software 97

Inventory Management Software Price Reduction Inventory Reduction Modeling Software 97

ShipBob

JANUARY 23, 2023

This year over 20% of purchases are expected to take place online , compared to 17.8% And from delivery time to customer communication and ecommerce order tracking , expectations are only getting higher. And from delivery time to customer communication and ecommerce order tracking , expectations are only getting higher.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process? (3

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

ThroughPut

OCTOBER 2, 2019

September 25th, 2019. In fact, GE predicts that just one day of downtime on an offshore platform can prevent $7 million per day in lost production, and for Toyota, every minute of unplanned downtime on their factory floors costs them over $60,000 a minute in lost revenue!

Cost Reduction Strategies 40

Cost Reduction Strategies Supply Chain Planning Software San Francisco Supply Chain Network Software 40

NC State SCRC

OCTOBER 8, 2019

Gene Richter is widely known as one of the world’s true procurement gurus, and I was privileged to have known him when he came to speak several times at Michigan State during the 1992-1999 period when I was there. We have designed our Procurement Leadership program with the goal of unpacking this concept as the target.

Procurement Analytics 8

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 8

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Statistics covered in the article include: How the Supply Chain Crisis is Impacting Businesses and Consumers. AdAge ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

The Logistics & Supply Chain Management Society

MAY 18, 2021

In their time lean manufacturing and just-in-time were game-changing concepts. Sudden demand spikes, precipitous demand drops, supply disruptions, production line shutdowns and other events can only be managed by early prediction and real-time responsiveness. In 2021 it is an entirely new game.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Enterra Insights

DECEMBER 6, 2021

Data collection is often expensive and time-consuming, and privacy regulations can prohibit organizations from using the data they collect.”[2] Science writer Anjana Ahuja ( @anjahuja ) reports, “In an algorithm-driven world where data is king, one misstep can lead to a royal mess.

Data 130

Data Modeling Software Procurement Analytics Modeling 130

Enterra Insights

JUNE 8, 2021

With more and more consumers taking the digital path to purchase, retailers are learning that it’s easy for customers to leave the path or abandon shopping carts. With more and more consumers taking the digital path to purchase, retailers are learning that it’s easy for customers to leave the path or abandon shopping carts.

Procurement Analytics 130

Procurement Analytics Resource Reduction Cost Reduction Strategies Purchasing Skills 130

NC State SCRC

DECEMBER 30, 2018

One of our newest SCRC partners, Siemens Building Technologies, recently shared their insights on creating an analytics strategy. This effort was led by the Chief Procurement Officer for Siemens BT, Carl Oberland, but has recently been rolled out across the global organization. What is digital governance and stewardship?

Procurement Analytics 60

Procurement Analytics Analytics Software Predictive Analytics Analytics 60

The Logistics & Supply Chain Management Society

MAY 18, 2021

In their time lean manufacturing and just-in-time were game-changing concepts. Sudden demand spikes, precipitous demand drops, supply disruptions, production line shutdowns and other events can only be managed by early prediction and real-time responsiveness. Synopsis: Imperatives in an Unpredictable World.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

Enterra Insights

NOVEMBER 4, 2019

Analysts at Gartner predict circular economies will replace today’s wasteful linear economies over the next decade or so. 1] The staff at Smart Cities World adds, “Gartner defines the circular economy as an economic model that separates the ability to achieve economic growth from the consumption of natural resources.

Waste Reduction 100

Waste Reduction Gartner Supply Chain Design Software Agile and Lean Supply Chain 100

Enterra Insights

APRIL 25, 2023

Journalist Erica Pandey reports, “America wastes more than 100 billion pounds — or 40% — of its food each year.”[1] and China, The Guardian reports. In 2019, 35% of the 229 million tons of available food in the US went unsold or uneaten. Tomorrow, 26 April 2023, is international Stop Food Waste Day. million — of U.S.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

EMERGE App

DECEMBER 31, 2018

It’s that time of the year again! Here’s our checklist of what your wholesale or distribution business should do in 2019. The “always on” nature of mobile devices coupled together with Wi-Fi and the mobile Internet means that business computing can be done anytime and anywhere across different time zones.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

Unleashed

JANUARY 25, 2023

Billowing international lead times and rising costs have pushed businesses to hold record amounts of stock, shrinking gross profit margins. In fact, in the UK alone average inventory values jumped nearly 100% from 2019-2022 , while gross margin return on investment (GMROI) dropped 76%. What is cash flow management?

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Enterra Insights

SEPTEMBER 12, 2019

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. Lack of Inventory Visibility and Metrics. Too much inventory means profits are eaten away by storage costs. They have it tough. They are: 1. Carrying inventory is a necessary evil.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. My order of unsweetened ice tea was wrong 55% of the time. In my work with clients, customers bandy about the term “customer-centric supply chain.” As a pragmatic gal, they make me itch.

Customer Service 302

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 302

Enterra Insights

AUGUST 19, 2020

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. Reducing response times with tighter productions. Which data metrics are most relevant to your demand forecasting? ”[1]. Logistic 4.0 ”[2]. .” They are: 1.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

Supply Chain Game Changer

JUNE 2, 2020

Seasoned Leadership in Action™ – Our 2019 All Star Leaders! Thank you Joe for your friendship and taking the time to share your experiences and expertise with us. As an experienced business professional, he has served in diverse roles ranging from Marketing and Strategy, to Procurement and Supply Chain.

Sourcing Strategies 61

Sourcing Strategies Material Savings Price Reduction Cost Reduction Strategies 61

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Set up new services and scale up or down based on demand with very little extra cost (little to no on-premise hardware is required). And in terms of inventory management the cloud is key to: Tracking inventory location and levels in real time, even for remote warehouses.

Inventory Management Software 80

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

Taulia

MARCH 22, 2023

In practice, this could mean predicting which invoices suppliers will choose to accelerate under a range of different conditions. In practice, this could mean predicting which invoices suppliers will choose to accelerate under a range of different conditions. But in practice, many such initiatives fall short of their targets.

Supply Chain Planning Software 52

Supply Chain Planning Software Predictive Analytics Software Vendor Strategies Forecasting Software 52