OptiProERP

DECEMBER 12, 2022

Although we have entered into the new normal, the pandemic has brought several operational challenges to the manufacturing industry ( State of Manufacturing report, Fictiv 2021 ). Learn how to get ready for manufacturing industry trends in 2023. Industrial manufacturing production can be very challenging to manage.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Supply Chain Planning Software Supply Chain Design Software 52

ToolsGroup

OCTOBER 3, 2022

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 Source: Bloomberg.com. Where Are All the Retail Workers?

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Logistics Viewpoints

FEBRUARY 8, 2022

If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. of all e-commerce sales in the US during 2021.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

ToolsGroup

JANUARY 25, 2022

In his opening keynote address, Target CEO Brian Cornell said the supply chain crisis necessitates greater data transparency and analytics to win in the short term. In April 2021, 649,000 retail workers quit their jobs, retail’s largest drop in 20 years. Production-to-Purchase Retail and Supply Chain Planning. Washington Post ).

Waste Reduction 294

Waste Reduction Vendor Strategies Price Reduction Inventory Reduction 294

Enterra Insights

JULY 9, 2021

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] billion in the first quarter of 2021, up nearly 120% compared to the preceding quarter.”

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Enterra Insights

AUGUST 18, 2021

He observes, “The good news is that, given our research suggests a lack of understanding rather than a complete lack of interest, the industry redoubling its efforts to educate and inform manufacturers should be able to turn this situation around. 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

Enterra Insights

JULY 20, 2021

She reports, “Customer counts at overall stores surged 43.2% for that same period in 2019, says mobile-device location data from foot-traffic analytics firm Placer.ai. ” Even if foot traffic reaches pre-pandemic levels, more consumers have discovered the convenience of the digital path to purchase. ”[3].

Retail 100

Retail Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 100

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

Enterra Insights

JANUARY 26, 2021

.”[3] Deloitte analysts believe more business leaders now recognize that fact and are learning how to transform “a traditional cost center into a value driver.”[4] Moreover, they will begin transforming their supply chains from traditional back-office cost centers into value-driving operations.” ” Trend 6.

Supply Chain Design Software 113

Supply Chain Design Software Modeling Software Optimization Software Supply Chain Network Software 113

Resilinc

MAY 30, 2023

On February 10, 2023, the FDA reported a shortage of carboplatin and cisplatin: two critical chemotherapy drugs needed to treat ovarian cancer and testicular cancer, respectively. Homeland Security Report on Drug Shortages In March 2023, Homeland Security & Governmental Affairs released a report on the risks of these drug shortages.

Material Savings 62

Material Savings Manufacturing Procurement Pharmaceutical Procurement Analytics 62

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. Customers are in control, and retailers who fail to accurately predict demand are doomed to fail.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Enterra Insights

JUNE 1, 2021

Tamizhkumaran explains, “Cognitive analytics solutions entail self-learning systems and algorithms that mimic the human brain’s thought process in order to analyze large amounts of data quickly and accurately.” One source of tension is retailer chargebacks (or fines) for failing to comply with their compliance requirements.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Supply Chain Matters

MARCH 5, 2022

The Ferrari Consulting and Research Group’s 2022 Predictions for Industry and Global Supply Chains Research Advisory ( Available for complimentary downloading in our Research Center ) includes a prediction that the supply chain technology segment will feature an investment boom in market consumption, added equity investment and M&A activity.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

LevaData

APRIL 21, 2021

Since the beginning of 2021, the discrepancy between the increasing demand for semiconductors and the lack of available supply has become a worldwide news event. In fact, semiconductor shortages have been reported across almost all major IC groups. From January to April of 2021, semiconductor IC lead times increased 75% on average.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Procurement Analytics Supply Chain Planning 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. as well as external drivers (weather, interest rates, new housing starts….),

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. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Enterra Insights

OCTOBER 12, 2021

Tech writer Apoorva Bellapu writes, “Reinforcement learning makes use of algorithms that do not rely only on historical data sets, to learn to make a prediction or perform a task. 1] Ben Dickson, “ DeepMind says reinforcement learning is ‘enough’ to reach general AI ,” VentureBeat, 9 June 2021. [2] ”[2]. .”[4]

Supply Chain Design Software 200

Supply Chain Design Software Optimization Software Forecasting Software Modeling Software 200

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. 2021 ; Walden et al., What is the digital product passport (DPP)? Why does this matter?

Supply Chain Planning Software 52

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

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. A recent report by Morgan Stanley highlighted the growing importance of data, as well as the huge investments companies are making as a result. “In

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 93

Unleashed

OCTOBER 27, 2021

Experts predict the market value will increase from its current US$49,371.76 That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point. D2C logistics and eCommerce can still be burdensome for manufacturers who are not well-established in these areas. billion to $64,334.41

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

Unleashed

APRIL 18, 2022

An example of supply chain resilience A basic example of supply chain resilience is building in redundancy through dual sourcing: having an alternative supplier for important parts or ingredients. Their Head of Supply Chain, Daniel Bull-Clearie, initially sourced their raw product entirely from their own coastal farm.

Supply Chain Planning Software 97

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

Supply Chain Game Changer

JUNE 8, 2021

Pick a career that you love and don’t try to predict the outcome – but rather, ride the peaks, weather the valleys, and enjoy the view along the way. Do you want to focus on the Procurement side of things, or more on the Logistics and Planning side? Manufacturers are looking for talent. These are amazingly interesting careers.

Negotiating Skills 97

Negotiating Skills Purchasing Skills Industrial Industry 97

JDA software

JANUARY 8, 2019

So, take five, grab a cup of coffee and read on for my predictions of what the end of a decade in retail has in store. According to a recent eMarketer report , almost 70% of retailers used Instagram for marketing last year while 28% used Snapchat. More consumers are using social media to research their purchases.

Supply Chain Planning Software 86

Supply Chain Planning Software Demand Planning Software Predictive Analytics Software Supply Chain Network Software 86

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?

Reverse Logistics 98

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

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. billion metric tons as of 2017.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Requis

MAY 22, 2020

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Analytics is key.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Cathy Roberson

AUGUST 15, 2022

Consumers have not necessarily put the brakes on buying stuff, and it's just that some consumers are being more mindful of what to purchase thanks to inflation. Croc's latest quarter, ending June 30, reported record revenue, up 51% year-over-year and gross profit up 26% year-over-year.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 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. Advanced and predictive analytics.

Supply Chain Planning Software 298

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

Enterra Insights

FEBRUARY 22, 2022

The manufacturing sector covers such a broad spectrum of products and processes that any discussion about industry trends must take place at a very high level. One of the megatrends that has been driving manufacturing for over a decade is digitization. Manufacturing Trends. And the manufacturing sector overall looks strong.

Manufacturing Procurement 130

Manufacturing Procurement Trends Manufacturing Predictive Analytics Software 130

Vanguard Software

JUNE 8, 2021

In the last decade, the manufacturing industry has been dealing with the rising impact of demand volatility. Consumers have come to expect companies to provide a wider variety of products, readily available for purchase and at the best price. in the first quarter of 2021. Want to learn more about Vanguard Predictive Planning?

Modeling 52

Modeling Demand Planning Software Supply and Demand Supply Chain Planning Software 52

IQMS

NOVEMBER 29, 2018

Bottom Line: The top 10 manufacturing trends reflect how manufacturers are planning to achieve their goals of revenue growth, operational improvements, digital transformation, and launching new products and services in 2019. In parallel, there will be more self-service analytics and BI apps specifically designed for manufacturers.

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

Supply Chain Game Changer

JANUARY 27, 2020

These new tools are sure to amplify the prospective results of Smart Manufacturing solutions. In the sales cycles, providers of Smart Manufacturing components or integrators of complete 4.0 The term “Big Data” is the ability and infrastructure to process, store, analyze, and report on a high number of complex data sets.

Supply Chain Design Software 52

Supply Chain Design Software Cost Reduction Strategies Supply Chain Software Industrial 52

BlueYonder

JANUARY 8, 2019

So, take five, grab a cup of coffee and read on for my predictions of what the end of a decade in retail has in store. According to a recent eMarketer report , almost 70% of retailers used Instagram for marketing last year while 28% used Snapchat. More consumers are using social media to research their purchases.

Supply Chain Planning Software 40

Supply Chain Planning Software Demand Planning Software Predictive Analytics Software Supply Chain Network Software 40

Unleashed

AUGUST 28, 2022

The manufacturing industry is a thriving area that keeps finding applications for upcoming technologies in its various processes. Manual methods that relied solely on a keen eye are now the core of some leading manufacturing software. Specific aspects of managing inventory include procurement, storage, and utilisation tracking.

Inventory Management Software 97

Inventory Management Software Inventory Reduction Inventory Management Demand Planning Software 97