The Logistics & Supply Chain Management Society

MAY 28, 2022

Will the environment improve in 2022 or get worse? Let’s look at the three megatrends shaping supply chain innovation in 2022 and beyond – resilience, through technical capability and consistency; optimisation of the omnichannel experience; and sustainability with a focus on Scope 3 emissions. It requires a robust framework.

Supply Chain Planning Software 269

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Innovation 269

Supply Chain Shaman

OCTOBER 13, 2022

The larger the organization, the more tension with conflicting functional metrics making decisions more difficult. Note in Figure 1 the gaps from recent research between supply chain planning and manufacturing, logistics, and sales. The gap between logistics and procurement; and logistics and customer service increases process latency.

Supply Chain Planning Software 221

Supply Chain Planning Software Modeling Supply and Demand Supply Chain Software 221

The Logistics & Supply Chain Management Society

MAY 28, 2022

The Importance of Supply Chain Sustainability for 2022 and Beyond. While it’s undeniably important to source products responsibly and produce recyclable or reusable products, companies also need to focus on making the transportation and distribution of products more sustainable. Ensure Your Materials Are Ethically Sourced.

Sustainability 264

Sustainability Agile and Lean Supply Chain Supply Chain Software Supply Chain Optimization 264

Supply Chain Game Changer

OCTOBER 4, 2022

Having project management offices (PMOs) has now become industry standard as they assure high-quality production runs by adopting precise regulations and procedures, as well as monitoring the whole manufacturing process. Partner Expertise In Sourcing. The Project Manager Is Responsible For The Whole Workflow.

Manufacturing Procurement 81

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 81

QAD

MARCH 9, 2023

Instead, geopolitical, inflationary and environmental forces have created new challenges for manufacturers and their supply chain partners. Supply chain planning is more important today than ever before and there’s good news: Manufacturers have options for mitigating global supply chain risk and keeping costs in check.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 93

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Logistics Viewpoints

DECEMBER 8, 2022

Visibility solutions allow real-time asset tracking across the entire distribution network. The company has grown significantly via acquisitions over the last few years, including the purchases of Amber Road, BluJay Solutions, and INNTRA. The supply ecosystem connects over 630,000 manufacturers and suppliers.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Network Software Supply Chain Planning Software 188

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. For manufacturers and other organisations looking to improve their inventory management processes, cloud technology represents a major opportunity – especially when it comes to remote working.

Inventory Management Software 80

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

Unleashed

AUGUST 20, 2023

If a manufacturer has to wait an extra day for raw materials to arrive, they might lose a customer. In manufacturing, for example, lead time refers to the amount of time it takes for a product to move through the entire production process , from when the initial order or request was made to the final delivery. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Ethical sourcing of goods. In the case of manufacturers, it means procuring green and sustainable raw materials.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

Supply Chain Shaman

MARCH 21, 2022

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Still, the manufacturing plants and distribution centers are closed. My response is “Hogwash.”

Modeling 284

Modeling Supply Chain Planning Software Supply and Demand Supply Chain Design Software 284

Logistics Viewpoints

APRIL 4, 2022

They source from approximately 15,000 suppliers with a sourcing spend of over €7 billion. On any given day, 150,000 order lines flow through 90 distribution centers across 50 nations. It started in manufacturing and spread, step by step, to improvements in the way the company runs its supply chain. It takes time.

Supply Chain Transformation 194

Supply Chain Transformation Supply Chain Planning Software Modeling Scenario Planning 194

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Their distribution approach varies country-to-country. But in North America, distribution is predominately through their company-owned fleet. In most markets, however, third parties are used for distribution.

Supply Chain Design Software 189

Supply Chain Design Software Purchasing Skills North America Resource Reduction 189

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Brand loyalty is no longer the driver for consumer purchasing decisions. HOW DID WE GET HERE?

Supply Chain Planning Software 246

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

Enterra Insights

JANUARY 2, 2024

“To address these issues manufacturers are looking to continue to digitize their supply chains.” ” The survey found, “76% of manufacturers are adopting digital tools to gain enhanced transparency into their supply chain.” billion [in 2022].” those situated offshore).”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Modeling 130

Supply Chain Game Changer

AUGUST 23, 2022

Investopedia defines the Cash Conversion Cycle as “a metric that expresses the time (measured in days) it takes for a company to convert its investments in inventory and other resources into cash flows from sales. .” ” Whichever name you choose to put on this cash management metric and process, the end result is the same.

Negotiate Pricing 94

Negotiate Pricing Supply Chain Software Procurement Analytics Manufacturing Procurement 94

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Supply Chain Game Changer

NOVEMBER 2, 2022

From a business perspective, it’s no longer enough to simply produce and distribute your products. Manufacturing. Supply chain management is the backbone of manufacturing. These delays were most prevalent in the manufacturing, construction, and trade sectors as a result of supply chain disruptions.

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. This chemical manufacturer is converting its entire distribution system to containers. Whether you’re a direct-to-consumer manufacturer or a direct-to-consumer brand, logistics plays a crucial role in a company’s supply chain.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. Efficient Supply Chain Practices: Automated Distribution Centers and Computerized Inventory Systems Automation is a key component of Walmart’s efficient supply chain practices.

Inventory Reduction 77

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 77

ShipBob

APRIL 26, 2023

It involves all the activities related to the sourcing and transportation of raw materials needed in the manufacturing process. Meanwhile, the downstream supply chain involves activities post the manufacturing process, which would mean getting the finished goods to the end consumer.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Planning 52

Unleashed

JANUARY 24, 2022

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Techniques for 2022 What is MRO inventory? Learn more: What is Inventory Management?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

BlueYonder

FEBRUARY 17, 2022

As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before. Transport costs are soaring to ridiculous levels, especially for those shippers that did not have an organized procurement strategy for freight movement.

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 69

BlueYonder

SEPTEMBER 19, 2023

TMS adoption is growing rapidly for manufacturers, retailers and logistics service providers (3PLs, 4PLs and 5PLs) — as well as the carriers they partner with. They can measure performance aspects like on-time fulfillment and picking efficiency, leveraging those metrics to optimizewarehouse processes. billion in 2022 to $7.30

Logistics Network Optimization Software 74

Logistics Network Optimization Software Optimization Software Supply Chain Planning Software Supply Chain Network Software 74

Supply Chain Game Changer

SEPTEMBER 12, 2022

Our first full case involves a real life situation in which a mountain of unpaid invoices had suppliers rebelling and compromising the continuity of supply necessary to run a manufacturing operation. The company had hired a new Chief Procurement Officer. The Supply Chain Detective and the Distribution Centre Disaster!

Supply Chain Software 83

Supply Chain Software Supply Chain Planning Supply Chain S&OP 83

Enterra Insights

JULY 18, 2023

It is the uneven distribution of freshwater — of which fast-growing places like India are woefully short — that provide the conditions for a crisis. Transition to adaptive policies that enable NbS across infrastructure engineering, procurement, and construction. Climate change may make some places drier and others wetter.

Resource Reduction 130

Resource Reduction Industrial Industry Waste Reduction 130

Supply Chain Game Changer

OCTOBER 18, 2022

This includes looking at data and metrics. You need to be listening to what people are saying, to the sounds of a manufacturing line running or a distribution centre operating. Originally published on October 18, 2022. You need to have the eyes of a hawk. You need to have the ears of a dog or a bat. All Rights Reserved.

Supply and Demand 123

Supply and Demand Supply Chain Planning Software Supply Chain Planning Buyer Training 123

ThroughPut

OCTOBER 20, 2022

AI-driven Geospatial Capabilities to Enable Businesses to Avoid Choked and Unprofitable Distribution Routes and Optimize On-Time, In-Full (OTIF) Deliveries. PALO ALTO, CA, October 20, 2022 /PRNewswire/ — ThroughPut Inc. , Key New Logistics and Distribution Capabilities.

Optimal Sourcing 52

Optimal Sourcing Network Optimization Software Network Optimization Supply Chain Optimization 52

Cognira

DECEMBER 20, 2022

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.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

Unleashed

JANUARY 25, 2023

In fact, in the UK alone average inventory values jumped nearly 100% from 2019-2022 , while gross margin return on investment (GMROI) dropped 76%. It allows a business to progress and make the purchases necessary to perform and scale with maximum efficiency. Offer bulk-purchase discounts or throw a 2-for-1 sale.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

Supply Chain Game Changer

SEPTEMBER 21, 2021

The backbone of all long-standing philosophies such as Just-In-Time , Lean manufacturing, and Kanbans were all designed around minimizing the amount of inventory on hand in any Supply Chain. Very few commodities or industries were untouched, and the level of disruption will not end before 2022. Inventory Management Headwinds.

Inventory Reduction 52

Inventory Reduction Inventory Material Savings Modeling 52

Locus

OCTOBER 12, 2022

from 2022 to 2030. Choosing a sustainable distribution channel that enables economic efficiency, will minimize costs, and reduce ecological impact while meeting consumer expectations. Minimizing risk : By keeping unscrupulous suppliers and manufacturers at bay, businesses can protect themselves from reputational damage.

Material Savings 52

Material Savings Optimal Sourcing Sourcing Strategies Sustainability 52

E2open

DECEMBER 8, 2022

8, 2022 – E2open Parent Holdings, Inc. New rebate analytics allow channel partners to track key sales and rebate metrics to drive more business, deliver a higher return on brand owner incentive spend, and increase partner satisfaction and compliance. AUSTIN, Texas – Dec. Rapid return on investment starts with speedy implementation.

Supply Chain Network Software 60

Supply Chain Network Software Supply Chain Planning Software Analytics Software Forecasting Software 60

Logistics Viewpoints

APRIL 28, 2023

To that end, the food distributor is transforming its distribution center in Riverside, Calif., tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release. Unseasonably cold weather in Spain slowed down the growing of peppers, leading to Morrisons limiting purchases to two per customer.

Material Savings 203

Material Savings Purchasing Skills Logistics Network Optimization Software Logistics 203

Supply Chain Game Changer

SEPTEMBER 6, 2022

They received goods into their warehouses/distribution centres. They performed some light manufacturing activities to transform those materials into products that were ready for sale in retail, through a variety of channels. Some of the materials were sourced and managed by the customers. They stored those goods.

Optimal Sourcing 80

Optimal Sourcing Supply Chain Optimization Global Supply Chain Planning 80

ShipBob

MARCH 3, 2022

Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for. Manufacturing and supplier costs. In January 2022, the variable cost incurred was $3,000, which includes the raw material, electricity, and labor. Marketing and sales.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52