SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Precoro

DECEMBER 28, 2023

Read about a venture capital studio that implemented procurement software to manage purchases for 10 portfolio companies in addition to their own. Redbud Brands went from not knowing if a purchase order was approved to making every payment in time. “There was not a lot of structure,” Mr. Henson explained.

Procurement Solutions 105

Procurement Solutions Procurement Analytics Supply Chain Planning Software Supply Chain Software 105

Logistics Viewpoints

DECEMBER 1, 2022

Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. Figure 1: U.S. Container Import Volume Year-over-Year Comparison. Source: Descartes Datamyne.

Predictive Analytics Software 293

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 293

ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Logistics Viewpoints

MARCH 6, 2023

GEON Performance Solutions purchases plastic pellets and add plastic compounders to make products of different strength, resilience, and flexibility. GEON Embarks on a Digital Transformation GEON Performance Solutions is embarking on a supply chain transformation. The company ships directly to customers and also to distributors.

Supply Chain Planning Software 323

Supply Chain Planning Software Supply Chain Transformation Modeling Scenario Planning 323

Logility

JULY 22, 2024

As Raheel Hussain, Director of the Supply Chain Center of Excellence at Reynolds Consumer Products notes during a recent webinar , a level of synchronization is critical to systemically share information and cut down the constant offline back-and-forth (conversations) between different functions.

Continuous Improvement 207

Continuous Improvement Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 207

The Logistics & Supply Chain Management Society

APRIL 26, 2022

According to the Conference Board, despite lockdowns and COVID-19 related restrictions, consumer confidence in Asia rose in the last quarter of 2021 to 128 points from 126 points. Brand loyalty is no longer the driver for consumer purchasing decisions. Just take a look at what’s been happening over the last 3-4 months.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Logistics Viewpoints

SEPTEMBER 19, 2022

In 2021, more than $25 billion was invested in supply chain companies in just the first three quarters of the year. The company buying his company, EXE Technologies, is now infamous among those who have followed the WMS market. We asked for $2 million to buy more robots and then shortly thereafter another $4m.

Modeling Software 283

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Demand Planning Software 283

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. She reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[2] trillion in 2021, the projection for returns is around $503 billion.”

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

The Logistics of Logistics

MAY 6, 2022

Prior to BGSA Holdings, Ben founded 3PLex, the Internet solution enabling third-party logistics companies to automate their business. 3PLex was then purchased by Maersk. Delivery software and service companies like Delivery Circle are helping companies leverage technology to make local delivery service more efficient and profitable.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Trends Reverse Logistics Supply Chain Software 246

Supply Chain Game Changer

MARCH 18, 2021

Procurement teams article and permission to publish here provided by Sam Jenks. Excellence, or superiority, is often the goal in corporate organizations. Each and every function, within its own right, strives for excellence and achievement in order for a company to collectively grow, evolve, and thrive. (Infographic).

Eliminating Excel in Purchasing 71

Eliminating Excel in Purchasing Optimal Sourcing Procurement Solutions Procurement 71

The Logistics & Supply Chain Management Society

MAY 28, 2022

At the COP26 climate conference in 2021, more than 1,000 companies committed to adopt targets to reduce emissions in line with the Paris Agreement goals. With renewable electricity generation in 2021 experiencing the fastest year-on-year growth since the 1970s, solar power has become a major trend, seeing a record growth of 160 GW in 2021.

Sustainability 246

Sustainability Singapore Cost Reduction Strategies Vendor Strategies 246

Logility

MARCH 24, 2021

The power of Integrated Business Planning (IBP) comes in helping companies align financial, sales, production, procurement and marketing information into a single plan, grounded in modern-day reality. What is needed is a single, integrated planning solution that unites short-, medium-, and long-term planning under one system.

Supply Chain Planning Software 176

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Design Software 176

Supply Chain Game Changer

JUNE 22, 2021

Excellent customer service article and permission to publish here provided by Jocelyn Bell. It has become second nature for increasing numbers of consumers to buy online, whether they are shopping for new shoes or a new car. Using this to create a valuable customer experience makes people buy more and come back more often.

Eliminating Excel in Purchasing 93

Eliminating Excel in Purchasing Customer Service Procurement Solutions Purchasing Skills 93

ToolsGroup

SEPTEMBER 22, 2021

Over time, I’ve been fortunate to work in groups where both men and women were well represented, and I’ve had excellent leaders who championed my career by giving me the freedom to chart my own path. We’re also working on creative solutions to cut lead-time and bridge shortfalls with suppliers. 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

SEPTEMBER 30, 2022

One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. Analysts from Chicory note, “The grocery shopper’s path to purchase from digital to in-store and other online environments has always been obscure.”[2] The Omnichannel Consumer. The Omnichannel Retailer.

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

ivalua

APRIL 7, 2022

2021: The Year of many Milestones for Ivalua. NEW Payments Solution. Leader Forrester CLM for Buy-Side Contract Suites, Q4 2021. Leader Gartner 2021 P2P Magic Quadrant (3 years in a row). Ivalua remains the only vendor recognized as a leader in every current Procurement report spanning S2P by Gartner and Forrester.

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

Freightos

NOVEMBER 11, 2021

The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. This isn’t just about purchasing power. of the U.S.

Logistics Network Optimization Software 177

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

Supply Chain Shaman

DECEMBER 30, 2021

I find no agency or entity trying to find a holistic solution to global logistics. The price of an ocean shipment increased 9-10X from 2020-2021. Ocean carriers, struggling to make a profit for the past ten years, collectively will post 200 billion in profitability in 2021. Freight Rates 2019-2021. The reason?

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 195

ToolsGroup

NOVEMBER 17, 2021

Joint Microsoft and ToolsGroup planning solution will support POOLCORP’s goals of improved service to customers and increased profitability amid demand and supply volatility. ToolsGroup is how organizations improve product availability while right-sizing inventory, no matter how complex their supply chain is or how much demand changes.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Software Supply Chain Optimization 156

QAD

DECEMBER 1, 2022

We’ve developed a 28-question Digital Commerce Checklist to help enterprises understand if their B2B solutions are responsive to today’s online buyers. The pandemic raised the demand for digital commerce solutions, whether or not enterprises were prepared. B2B e-commerce and EDI sales hit nearly $11 trillion in 2021.

Supply Chain Planning Software 98

Supply Chain Planning Software Analytics Software Demand Planning Software Eliminating Excel in Purchasing 98

Logistics Viewpoints

MARCH 29, 2021

A Value-Added Service (VAS) team can provide on-site management, installation, equipment, inventory management (just-in-time deliveries), heating solutions, and testing. They have tens of thousands of items they produce but there are a small number of products they purchase through a global sourcing program.

Optimal Sourcing 189

Optimal Sourcing Innovation Manufacturing Procurement Supply Chain Planning Software 189

Supply Chain Shaman

APRIL 4, 2024

I am surprised by the size of the acquisition based on the level of maturity of the One Network solution. In 2023, Blue Yonder purchased Flexis AG and Doddle. As background, in 2021 Panasonic acquired Blue Yonder, purchasing the remaining 80% of its shares after initially acquiring 20% in July 2020. The reason?

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Network Software Modeling Software Supply Chain Planning 150

Jaggaer

MARCH 23, 2020

This was all very well but unless you had a PhD in statistics or mathematics or an applied mathematics subject like risk management, analytics was not a whole lot of use to you; even if you could make sense of the complex algorithms, it was hard to work out which tools to apply. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

trillion in 2021, up from $4.2 Parallelly, expectations around the overall purchasing experience have also grown steeper. A 2021 McKinsey study, that when delivery times are too long, almost half of omnichannel consumers will shop elsewhere. The e-commerce sector continues to shape consumer spending habits in a significant way.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Unleashed

AUGUST 3, 2021

The growth in pet ownership in 2020-2021 has seen unprecedented demand in the pet food sector – a true industry boom. This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. In 2021, sales in these categories are projected to grow?an tended to buy their?pet companions?as

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

Unleashed

MARCH 21, 2021

The procure to pay process is complex and far more than simply making a phone call, or sending a few emails to arrange the purchase of goods. Strategically approaching the procure to pay process can see your company reap the rewards. In this guide, we’ll cover: What is the procure to pay process. Negotiating.

Procurement Analytics 59

Procurement Analytics Procurement Solutions Manufacturing Procurement Optimal Sourcing 59

Enterra Insights

JULY 8, 2021

Today, with more consumers than ever taking the digital path to purchase, customer service is often an on-line-only experience. As noted above, companies are turning to automated solutions to help them deal with the customer service crunch. Before the age of ecommerce, great customer service generally involved face-to-face contact.

Supply Chain Planning Software 130

Supply Chain Planning Software Modeling Software Supply Chain Software Procurement Solutions 130

Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

Inventory Reduction 75

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 75

EazyStock

OCTOBER 21, 2021

Wouter van der Zwaan, Finance and IT Manager at TerraSana Natuurvoeding BV, was looking for a solution to improve his company’s capabilities in terms of inventory optimization. We purchase our raw materials from all over the world, and we sell our products mainly within the EU. What other tools do you use for automation?

Supply Chain Software 52

Supply Chain Software Procurement Solutions Supply Chain Planning Software Forecasting Software 52

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. Excelling in online selling and logistics may convince your customers that your service is still the most cost-effective and efficient.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

The Logistics of Logistics

APRIL 10, 2021

Prior to BGSA Holdings, Ben founded 3PLex, the Internet solution enabling third-party logistics companies to automate their business. 3PLex was then purchased by Maersk. Delivery software and service companies like Delivery Circle are helping companies leverage technology to make local delivery service more efficient and profitable.

Logistics Network Optimization Software 147

Logistics Network Optimization Software Trends Reverse Logistics Logistics 147

Supply Chain Game Changer

AUGUST 26, 2021

In the past 5 years, I’ve found myself constantly asking the question, “Isn’t there some sort of software that can do that?”. Every single organization I have been a part of has been dependent on Excel spreadsheets for order tracking and expediting – and in some cases – even demand planning. PO Placement ?

Supply Chain Visibility 105

Supply Chain Visibility Supply Chain Planning Software Real-time Visibility Agile and Lean Supply Chain 105

ToolsGroup

NOVEMBER 4, 2022

It’s possible that in the meantime, consumers have gone elsewhere to make their purchases, and demand has diminished before you could capitalize on it. In fact, when a store is out-of-stock for an item they planned to buy, 21% of consumers will leave and buy the item from a competitor. Inaccurate Demand Forecasting.

Inventory Reduction 156

Inventory Reduction Material Savings Inventory Cost Reduction Strategies 156

o9 Solutions

JANUARY 12, 2022

11 , 2022 — o9 Solutions Inc. , a leading enterprise AI software platform provider for transforming planning and decision-making, today reported a 400%+ increase in year-over-year growth in annual recurring revenue (ARR) from new customers during Q4’21. On a full year basis, o9’s ARR grew more than threefold in 2021 compared to 2020.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Forecasting Software Procurement Analytics 52

SupplyShift

NOVEMBER 12, 2021

In the wake of the COVID-19 pandemic and mass shortages of basic goods like toilet paper, the world is realizing the pivotal role that procurement plays in the everyday running of businesses and global commerce. Here are some steps to simplify sustainability and set procurement teams up for success: Align Leadership and Sustainability Teams.

Procurement Solutions 52

Procurement Solutions Manufacturing Procurement Optimal Sourcing Sustainability 52