Unleashed

DECEMBER 14, 2021

The wholesaler chooses which source providers to work with depending on several factors – such as their ability to supply, cost, service, end-user demands, current market trends and the like. They buy in bulk from the original source of the produce – such as the farmer or markets – and can often negotiate discounted pricing.

Food 98

Food Purchasing Skills Distribution Price Reduction 98

QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. As discussed in a recent QAD blog post , the United Nations forecasts 160 million children between the ages of 5 and 17 are involved in child labor.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

ToolsGroup

DECEMBER 20, 2021

Here’s my take on what caused this crisis, the biggest challenges facing the industry, and lessons learned on how to get out of it. How the Pandemic Caused Supply Chain Shortages. Image source: Bloomberg. Image source: American Journal of Transportation. Macro Supply Chain Issues Caused a Ripple Effect.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Synovos

FEBRUARY 21, 2023

From balancing costs to reliability, sourcing the right PPE to developing maintenance strategies, data on total cost of ownership to evidence of Environmental, Social and Corporate Governance (ESG), their concerns represent both longstanding issues and newer ones. The war in Ukraine has now exacerbated this problem.

Sourcing Strategies 52

Sourcing Strategies Cost Reduction Strategies Inventory Reduction Price Reduction 52

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. This approach would have an inventory-to-sales ratio of close to 1.0.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Logility

APRIL 17, 2023

An expert in the Gartner® Manufacturing Operations Primer for 2022 sighted optimizing operations within the manufacturing industry as one of the top technology investments needed, along with improving supply chain efficiency. If you’re one of the 67.4%

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Supply Chain Software 130

ToolsGroup

OCTOBER 3, 2022

How to Hire in a Labor Shortage and Meet Customer Expectations. Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Source: Bloomberg.com. Hiring Halts and Reductions.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Unleashed

AUGUST 20, 2023

Here we break down what lead time is, the types of lead times in supply chain management , the factors that affect lead time, and how to shorten lead times to provide a better customer experience. It includes everything from the procurement of raw materials to production, inventory management, and shipping. Let’s dive in.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Sourcing Strategies Procurement Analytics 52

The Logistics & Supply Chain Management Society

AUGUST 19, 2022

This article was originally written and published for DHL in January 2020 and focused on the trade wars and how to leverage opportunities for tariff reductions. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Buying forward.

Cost Reduction Strategies 245

Cost Reduction Strategies Material Savings Inventory Reduction Vendor Strategies 245

The Logistics & Supply Chain Management Society

MAY 28, 2022

Will the environment improve in 2022 or get worse? How are supply chains planning for further disruption and uncertainty? To do so, one needs to look at the entire supply chain and pinpoint the weakest links, analysing how to improve on those weaknesses. And what are the key industry trends and innovations?

Supply Chain Planning Software 269

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

ShipBob

SEPTEMBER 25, 2023

Before you start selling CBD products online , you should know exactly what to expect and how to prepare. Read on to get the full rundown on how to navigate building a CBD income stream in today’s climate. Just how big is the opportunity, exactly? billion USD in 2022. Table of Contents ** Minutes What is CBD?

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

BlueYonder

NOVEMBER 14, 2023

As we’ll see in the 2022 holiday season review to follow, for every pattern, there’s a counter pattern. Here are the kinds of questions retailers modernizing their workforce planning methods should be asking: Can last year’s holiday season help predict inventory and staffing needs this year? rise in retail sales compared with 2021.

Sourcing Strategies 72

Sourcing Strategies Retail Inventory Reduction Scenario Planning 72

Logility

MARCH 21, 2023

According to Deloitte’s Q4 2022 CFO Signals survey , only 29% of CFOs believe now is a good time to take on greater risk, which lags far behind a two-year average of approximately 50%. This information allows CSCOs to react to real-time differences between inventory levels, budgets, and fiscal projections.

Supply Chain Planning Software 130

Supply Chain Planning Software Optimal Sourcing Scenario Planning Supply Chain Planning 130

NC State SCRC

JANUARY 20, 2022

The executives I’m speaking with are considering how to re-align their supply chains, and the word “risk” and “resilience” are a much more common part of their vocabulary. In addition, a multi-agency materials inventory portfolio based on in-depth supply market analysis is needed. to import from China.

Government 59

Government Pharmaceutical Supply Chain Planning Software Supply Chain Design Software 59

Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. He explains, “AI finds problems and figures out how to solve them. Transforming Inventory Management. The past few years of turmoil in the retail sector have challenged many professionals.

Supply Chain Planning Software 130

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

ShipBob

MARCH 2, 2023

That means optimizing inventory levels to meet demand and offering competitive shipping options. Now, it’s much easier to expand into new channels while centralizing order and inventory management. Though online shopping continues to rise, in-store shopping was up 22% in 2022 compared to 2021.

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

The Logistics of Logistics

JUNE 23, 2022

Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. Description: .

Supply Chain Strategy 130

Supply Chain Strategy Supply Chain Optimization Supply Chain Software Sourcing Strategies 130

Supply Chain Shaman

FEBRUARY 14, 2022

In 2022, I frequently ask companies to draw their river of demand. Orchestration enables companies to effectively manage trade-offs between source, make, deliver and sell.) Companies tightly coupling the budget to S&OP have significantly higher inventories and lower growth than their peer group. Mistake #3. My challenge?

S&OP 195

S&OP Supply and Demand Procurement Analytics Manufacturing Procurement 195

Supply Chain Shaman

SEPTEMBER 27, 2021

Too few companies have a holistic approach to embrace the plan, make, source, and deliver together. Procurement processes–encumbered by a focus on paperless processing, RFPs/RFQs, and efficient procurement–do not embrace the capabilities and requirements of direct material sourcing. The 2022 event is in Washington.

Supply Chain Planning Software 321

Supply Chain Planning Software Sourcing Strategies Manufacturing Procurement Supply Chain Design Software 321

ToolsGroup

JANUARY 14, 2022

BOSTON, January 14, 2022 : ToolsGroup , a global leader in supply chain planning and optimization software, has been recognized by Retail Today magazine as a leader in the Supply Chain category in Retail CIO Radar 2022, a first-of-its kind annual list of most innovative and transformative retail technology solution providers.

ToolsGroup 31

ToolsGroup Optimal Sourcing Retail Supply Chain Planning Software 31

Supply Chain Game Changer

MARCH 14, 2022

Managing inventory and transportation isn’t a one-size-fits-all activity. Supply Planning & Sourcing Analytics. Planning and sourcing processes are often done in silos , leading to inefficiencies in supply chains. To help companies solve these problems, supply planning and sourcing analytics tools can be utilized.

Course 115

Course Supply Chain Planning Software Agile and Lean Supply Chain Vendor Strategies 115

Precoro

MAY 22, 2023

growth in global IT spending from 2022. It plays a vital role in managing an organization's inventory of IT assets, reducing redundancy, and lowering the risk of downtime or service interruptions. An organization’s decision on how to approach prospective vendors will depend on its unique needs and circumstances.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

ivalua

JUNE 1, 2022

As we continue to adjust to new business cycles, 2022 offers an opportunity to learn how to incorporate lessons learned from 2020 to establish a new supply chain and customer experience strategy. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Enterra Insights

AUGUST 29, 2023

”[4] Over the past few years, supply chain professionals and business consultants have closely observed supply chain challenges and, not wanting to waste a good crisis, they have come up with recommendations on how to deal with some of the more common crises facing global supply chains. Following are some of their suggestions.

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

Supply Chain Matters

SEPTEMBER 29, 2022

Today, financial and other media have been highlighting a published report by Bloomberg , citing sources familiar with the matter, indicating that Apple is backing off plans to increase planned production of the new iPhone14. Inventory management and resource planning will remain a key concern. Development. percent this year.

Modeling 52

Modeling Supply and Demand Report Scenario Planning 52

Supply Chain Opz

JANUARY 3, 2022

The Supply Chain Revolution: Innovative Sourcing and Logistics for a Fiercely Competitive World Pros: This book will show you how to plan and execute sourcing strategies like the world's leading companies. Cons: It focuses heavily on sourcing or purchasing which is one function under integrated logistics management.

Logistics Network Optimization Software 130

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

Resilinc

JUNE 27, 2023

In 2022, M&As were the second most reported disruption tracked by EventWatch AI (following factory fires, which consistently rank #1 ). In this blog, we discuss the true impact that Mergers & Acquisitions can have on the supply chain and how they can affect your company. What are Mergers & Acquisitions?

Supply Chain Design Software 62

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 62

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. Our eGuide, Supply chain and logistics management trends for 2023 , looks at potential issues facing supply chain managers this year and how to respond. More expensive borrowing.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

Intelligent Audit

MARCH 17, 2022

According to the EIA , the national average for a gallon of deisel fuel on March 7, 2022, was $4.85, up a whopping $0.75 on February 25, 2022, to $3.24 on March 4, 2022. Meanwhile, FedEx began charging international shipping surcharges effective March 7, 2022. Leverage Domestic Inventory Before Ordering More Overseas.

Price Reduction 98

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 98

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. Implication: the best-case scenario I see for the price of finished goods is that their prices stay relatively unchanged from the 3rd quarter of 2022….we

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Unleashed

AUGUST 23, 2021

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. Here we explain the methods and formulas you can use to improve your inventory forecasting, and best practices for your business when designing and carrying out this process. Read more: What is Inventory Management?

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory Management Software 98

Unleashed

MAY 15, 2023

From targeted email campaigns to inventory management integrations, we’ll outline how you can develop strong B2B CRM strategies to improve business performance and achieve predictable growth. Looking for a complete CRM + inventory management solution? That’s where a quality CRM system comes in. What is a B2B CRM?

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

QAD

MARCH 9, 2023

When manufacturers planned for 2022, they did not foresee that energy prices would skyrocket by 40% in Europe and 23% in the US and that inflation would run at 8-10%, depending on the region.” Instead, attach a variable unit cost to every sourcing, production and distribution event and use that granular data to gauge financial impact.

Agile and Lean Supply Chain 95

Agile and Lean Supply Chain Supply Chain Planning Software Scenario Planning Modeling 95

BlueYonder

FEBRUARY 17, 2022

Impact: This is resulting in procurement teams scrambling to find new supply sources, while engineers are looking for substitutions alternatives, and other company leaders are figuring out how to bring more in-house for a vertical integrated approach. Investments in Transportation solutions is imperative.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

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. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. Source: Insider.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

ModusLink Corporation

SEPTEMBER 1, 2023

How to Approach and Overcome the Procurement Issues To navigate the volatile freight and logistics industry successfully, shippers must employ targeted strategies that are proactive, agile, and data-driven. This approach can help shippers improve customer service, gain a competitive edge, and effectively manage inventory management.

Optimal Sourcing 78

Optimal Sourcing Supply Chain Software Supply Chain Planning Software Manufacturing Procurement 78