Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Enterra Insights

JANUARY 14, 2019

Though this can be done in-store, it is much easier to track customer behavior on the internet because we can analyze more customers and more metrics. ”[4] Newman adds, “Cognitive computing will grow exponentially in 2019 — and the companies who do it well will move them to the head of the pack.” ” Automation.

Trends 100

Trends Retail Predictive Analytics Software Supply Chain Software 100

Supply Chain Matters

AUGUST 8, 2022

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. This index was reported as 1.84 reported for June, and 2.59 reported for May. percentage points from the reported reading of 65 in June. PMI reports for July.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Supply Chain Shaman

JULY 30, 2022

Here I want to address the question, “Why is the focus on the basics of supply chain a barrier to adopting new forms of analytics and supply chain processes? ” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.).

Supply Chain Design Software 195

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

Jaggaer

MARCH 18, 2020

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

Procurement Analytics 81

Procurement Analytics Agile and Lean Supply Chain Procurement Solutions Procurement 81

Zipline Logistics

MAY 25, 2021

over 2019—a significant leap in the face of much uncertainty during the first quarter of the year. Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. cost per case.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Supply Chain Shaman

AUGUST 12, 2020

When Gartner purchased AMR Research in December 2009, the methodology became the Gartner Supply Chain Top 25. Total cost analysis is more difficult than it sounds and most technology implementations automated functional measurement systems (manufacturing or procurement), but leave the organization blind on the management of total costs.

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006.

Optimal Sourcing 229

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 229

ToolsGroup

SEPTEMBER 22, 2020

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. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.

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. They report, “We know from extensive research that decisions matter — a lot. He explains, “Too often companies think that more data is better.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

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. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

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. It can then respond to the user’s needs, such as cooling down.

Trends 98

Trends Procurement Analytics Supply Chain Design Software Demand Planning Software 98

Enterra Insights

AUGUST 18, 2021

The Thomas staff reports, discrete manufacturing accounts for the largest proportion of IIoT spending. ” Today’s customers expect to know when their purchased products will be delivered. IBM reported that adopting IIoT insights for process optimization will increase product count by up to 20%.” ”[5].

Supply Chain Design Software 130

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

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

SupplyPike

NOVEMBER 26, 2019

Not complying with your purchasers’ OTIF requirements can be very costly, and result in hefty fines. For example, Walmart fines its vendors 3% of the cost of goods sold if the order fails OTIF requirements. In 2016, Target stores increased their OTIF penalties to 5% of the order cost, five times what it previously was.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Forecasting Metrics 52

Logistics Viewpoints

DECEMBER 1, 2022

There were record numbers (see Figure 1) through August 2022 and even when September’s volumes receded they were still 7% higher than pre-pandemic 2019. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. Despite many calling for U.S.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

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. Walmart’s latest move.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Scope 2 emissions are indirect emissions from purchased energy. They have asked they value chain partners to take four actions: Report their scope 1 and 2 emissions by the end of 2022. PepsiCo’s Internal Supply Chain.

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

ivalua

JUNE 29, 2020

According to 2019 Definitive Healthcare data, U.S. As is, the healthcare supply chain is complex with multiple players involved such as manufacturers, distributors and group purchasing organizations (GPOs) supporting and interacting with multiple departments and care delivery points. Share on Twitter. Big Opportunity Ahead.

Supply Chain Planning Software 219

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

Enterra Insights

SEPTEMBER 28, 2020

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics. Data analytics and cognitive risk sensing are becoming increasingly important tools for organizations.” ”[2]. CPG industry and cognitive technologies.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

USC Consulting Group

AUGUST 11, 2020

According to the piece published in North Carolina State University journal BioResources, the growth in demand for pulp and paperboard thus far in 2020 has been unprecedented, with production topping 419 million metric tons and consumption reaching over 423 million metric tons worldwide. ” Out of an abundance of caution. .

Procurement Analytics 59

Procurement Analytics Rhode Island Manufacturing Procurement Material Savings 59

Enterra Insights

MARCH 20, 2019

What came to be known as BI tools evolved from earlier, often mainframe-based analytical systems, such as decision support systems and executive information systems.” ” Some analysts have tried to make a distinction between Business Intelligence, data analytics, and data mining.

Analytics Software 100

Analytics Software Predictive Analytics Software Optimization Software Procurement Analytics 100

Enterra Insights

FEBRUARY 9, 2021

It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. Everything from procurement, to production, to logistics can be improved using artificial intelligence. Why sustainability is important. ”[6]. Footnotes. [1]

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Logistics Viewpoints

JULY 29, 2022

They are the product of Amazon’s partnership with Rivian, which the companies announced in 2019 when Amazon co-founded, and became the first signatory of The Climate Pledge—a commitment to reach net-zero carbon across our operations by 2040. to get online orders to doors quicker and at a lower cost.

Logistics Network Optimization Software 223

Logistics Network Optimization Software Los Angeles Price Reduction Logistics 223

Supply Chain Shaman

APRIL 27, 2022

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.) Understanding this relationship requires modeling. (A A Case Study.

Procurement Analytics 332

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 332

Supply Chain Game Changer

AUGUST 13, 2020

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. An organization with McDonald’s global footprint is likely able to apply global agile procurement frameworks, and solve supply-demand challenges more effectively during abnormal circumstances.

Agile and Lean Supply Chain 121

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

o9 Solutions

JANUARY 25, 2023

The DPP is a proposed policy solution to support more sustainable production, circular business models, enable consumers in making more informed purchasing decisions and to allow authorities to verify compliance with legal obligations. CO2 footprint, water use) ( Global Battery Alliance, 2022 ; European Commission, 2019).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. Efficiency and cost management.

Agile and Lean Supply Chain 230

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

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. Tracking Key Metrics to Drive Performance Improvement .

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

Ware2Go

APRIL 20, 2022

The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers. Ultimately, their ultra low-pressure drop systems have helped to reduce over 1,000 metric tonnes of carbon. Five Brands Leading the Charge.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

Enterra Insights

SEPTEMBER 17, 2019

Author Michael Blanding ( @michaelblanding ) reports on the work of two researchers, Mercedes Delgado, professor at Copenhagen Business School, and Karen Mills, a Harvard Business School Senior Fellow, and how they unearthed a source of better jobs hidden in plain sight. ” Smart Industry , 22 April 2019. The supply chain economy.

Supply Chain Design Software 100

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

Zipline Logistics

MARCH 18, 2020

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. It is critical to leverage transportation analytics to get the most out of your operation. Tougher OTIF Standards at Sam’s Club. Learn More.

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. Those cutting-edge technologies are enabling companies to create personalized nutrition plans for users based on biological metrics.

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Alloy

AUGUST 6, 2019

Amazon Prime Day 2019 was another record-breaking success for many in the industry. Read on for the top metrics you should watch to evaluate whether you sunk or soared this Prime Day, and prepare your team for the next major shopping holiday. An important related metric is the conversion rate from page views to sales.

Forecasting 40

Forecasting Procurement Analytics Inventory Reduction Alloy 40

Enterra Insights

SEPTEMBER 16, 2019

Jennifer Furey and Rebecca Harris, attorneys at Goulston & Storrs, report, “Millennials are expected to inherit approximately $30 trillion in assets over the next 30 to 40 years. In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” traceability; and.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174