The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. This new standard has three modules: transportation, warehousing, and retailing.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

Logistics Viewpoints

DECEMBER 2, 2021

With Christmas goods in stores before Halloween this year, I thought there was no reason that we shouldn’t also get a jump on 2022 predictions. For example, Amazon’s Whole Foods business is now incrementally charging for delivery to offset increased delivery costs. The post Is it too Early For 2022 Predictions?

Predictive Analytics Software 311

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 311

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. A report also found that a fifth of the 2,000 largest publicly-listed companies in the world have pledged to pursue a net-zero strategy. Cache Logistics Trust, Singapore.

Sustainability 246

Sustainability Singapore Cost Reduction Strategies Vendor Strategies 246

Logistics Viewpoints

MARCH 3, 2023

According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3 A central part of Amazon’s ultrafast delivery strategy is its network of warehouses that the company calls same-day sites. million square feet of active or planned ground-level space in 30 states.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 200

Unleashed

JANUARY 18, 2021

Typical firms will use nutraceutical software to support their own manufacturing, or to manage the process via contract manufacturers – handling purchasing, distribution, and sales and marketing in-house. Read more: The Medical Device Industry in 2020-2021: Key Trends & Outlook. The move to digitisation. UK legislation.

Trends 59

Trends Procurement Analytics Industrial Industry 59

SCMDOJO

APRIL 15, 2024

This system uses giant warehouses, lots of trucks, and even cool robots to move things quickly. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

Logistics Network Optimization Software 80

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 80

Ware2Go

APRIL 11, 2023

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. In light of this, 39% of SMB decision makers have reevaluated their warehouse technology providers and costs. The problem?

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Enterra Insights

JANUARY 31, 2023

The Future of Online Grocery Shopping Applebaum reports, “The trajectory of grocery e-commerce sales over the past two years is marked by several peaks and valleys, many of which were driven by factors directly related to the pandemic (vaccination rates, the delta and omicron surges, etc.). .” growth in 2020. market at $122.39

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Unleashed

OCTOBER 27, 2021

That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point. The traditional sales rep approach is no longer what buyers are spending most of their time on when it comes to making purchases. The average B2B conversion rate via e-commerce is 10%, compared with 3% for B2C.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Supply Chain Matters

AUGUST 22, 2022

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

New Horizon Supply Chain Blog

MAY 25, 2022

Supermarkets have been losing “share of stomach” (percent of consumers’ total food expenditures) to restaurants and other foodservice options for decades, as American consumers have opted for the convenience and time-savings of meals prepared outside the home. Source: Data from USDA Economic Research Service Food Expenditure Series.

Distribution 52

Distribution Supply Chain Planning Software Fort Worth Supply and Demand 52

Supply Chain Matters

MAY 3, 2022

The report authors noted that this index, when calculated without the impact of China would have posted a 53.2 The report specifically indicated: “ Average purchase prices rose to one of the greatest extents during the past 11 years, leading to the joint-steepest increase in output charges since the series began in October 2009.”. .

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

Cost Reduction Strategies 98

Cost Reduction Strategies Expense Reduction Price Reduction Inventory Reduction 98

Unleashed

AUGUST 17, 2021

Software as a service (SaaS) is the largest market segment of cloud-based software and is expected to continue to grow in 2021 and beyond. Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. Who is CAD best for?

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Unleashed

JUNE 7, 2023

In 2021, businesses faced major supply chain challenges that resulted in understocked shelves and unhappy customers. Manual inventory control tasks are automated with the help of software tools and warehousing equipment. As with hardware, inventory optimisation software should be purchased on an as-needed basis.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

ShipBob

JANUARY 23, 2023

This year over 20% of purchases are expected to take place online , compared to 17.8% This is an important metric for us, and we work with the ShipBob team to ensure that the vast majority of our orders are delivered within 2-3 business days. Although they reported $75.5 And now, in 2023, ecommerce sales continue to accelerate.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

Cognira

DECEMBER 20, 2022

According to a study conducted by Cone Communications: 87% of customers are confessing that they will purchase a product because a company advocated for an issue they cared about. 76% of customers will refuse to purchase a company’s products or services upon learning it supported an issue contrary to their beliefs. Product Packaging.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

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. It is becoming more common for food & beverage companies, for instance, to collect, clean and reuse boxes, bottles and barrels. Consumers are shopping online more and more.

Reverse Logistics 98

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

Talking Logistics

DECEMBER 1, 2017

Produce or Else: Wal-Mart and Kroger Get Tough With Food Suppliers on Delays (WSJ – sub. Logility Acquires Halo Business Intelligence to Expand Advanced Analytics. Descartes Reports Fiscal 2018 Third Quarter Financial Results. Kane Is Able Purchases Vintners Logistics. BluJay Solutions Unveils MobileSTAR.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 0

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Locus

DECEMBER 22, 2021

The year 2021 has proved it once again that Tom McCarthy was right. Rewind to 2021! 2021 may not be a year for the logistics industry to cherish, but it was a year filled with a lot of takeaways. 2021 pushed businesses to take giant strides in their logistics processes and operations. lifestyle) or involuntarily (e.g.,

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Robotics enabled with AI and ML augment the work of humans in warehouses and distribution centers. trillion.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Game Changer

JUNE 8, 2021

There is so much to learn in many functions of supply chain, whether it is IT tools, planning and buying, commodities, global supplier management, logistics, warehousing. Every day is about communicating, collaborating, organizing, problem solving, cost and environmental management. Kristie Syndikus, VP Procurement at Maple Leaf Foods.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

Unleashed

OCTOBER 6, 2020

Tracking data from every corner of the business and integrating it into a central database allows you to make reports that let you see the real, accurate performance of the business – and areas that are underperforming. Read more: The Role of Inventory Management in the Food Industry. Managing costs. Know your costs.

Cost Reduction Strategies 105

Cost Reduction Strategies Purchasing Skills Inventory Reduction Vendor Strategies 105

Elementum

AUGUST 2, 2022

Welcome to Elementum’s Supply Chain Market Report. Since June 2021, the strength of the US dollar has increased by almost 19% — and in July the dollar hit 108 on the DXY. The direct impact of this phenomenon is weakened purchasing power of other currencies relative to the Dollar. Now, the Euro is at $1.02.

Sri Lanka 78

Sri Lanka Supply Chain Planning Software Supply Chain Software Procurement Analytics 78

Unleashed

APRIL 18, 2022

The company is now able to purchase from multiple local Scottish sources, as well as import from overseas if required, which has made their supply chain more resilient – and made their business more stable. Nearly 60% reported serious disruptions. ” 3.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

Logistics Viewpoints

JUNE 3, 2022

Legislation introduced to improve food safety and hold FDA accountable. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. During the peak of port congestion in 2021, as many as 30 ships were waiting to enter an Oakland berth.

Logistics Network Optimization Software 212

Logistics Network Optimization Software Oakland Logistics Pricing Training 212

Logistics Bureau

SEPTEMBER 28, 2020

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. Because they are focused on ironing out weaknesses in the supply chain, a 4PL partner can help minimise costs by finding the best solutions for the lowest price.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

ToolsGroup

OCTOBER 25, 2022

For instance, there may be a slow-moving bolt that will really come in handy when snow plows hit the roads, but you don’t want a warehouseful of those bolts during the summer. If you’re in the consumer goods sector , seasonality affects items like pumpkin carvers, or food products, like Peeps. Increased Business Costs.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Enterra Insights

MARCH 18, 2022

Journalist Suzanne Kapner ( @SuzanneKapner ) reports, “After losing ground to e-commerce, bricks-and-mortar stores are back in style. Most of the growth is coming from mass merchants, food, drugs and convenience chains.”[1] Almost overnight, many physical stores became warehouses for online purchases.

Omnichannel 130

Omnichannel Expense Reduction Cost Reduction Strategies Inventory Reduction 130

Unleashed

MARCH 22, 2022

The growing popularity of NoLo drinks as compared with regular alcohol is reflected in the growth of NoLo’s global market share, which increased 6% in 2021. NoLo growth is forecast at 8% CAGR for 2021–2025 – and in the same period, regular alcohol is expected to grow at 0.7% CAGR (IWSR). taps as Heineken Original ones in pubs.

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

Logistics Viewpoints

SEPTEMBER 22, 2022

In truth, it went well beyond what was being reported in the newspapers and on TV. Consumers were hoarding, stores were limiting purchases, and there was a general sense of chaos. The cause is the same for a lot of the recent shortages, including logjams at ports, truck driver shortages, and warehouse labor problems.

Supply Chain Disruption 218

Supply Chain Disruption Supply Chain Design Supply and Demand Supply Chain 218

Unleashed

JANUARY 11, 2021

Post pandemic, evolving pressures will endure to disrupt the beer supply chain in 2021 and beyond. These tools link forecasts to production schedules and supplier contracts, providing complete and detailed insights to track ingredients and expiry dates, and offer analytics to predict seasonal demand fluctuations. Distribution.

Supply Chain Design Software 108

Supply Chain Design Software Supply Chain Software Demand Planning Software Forecasting Software 108

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. Excess inventory is the stock remaining on shelves or in warehouses after customer demand for an item has been filled. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156