Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. So what are the main trends in manufacturing you need to know for 2022? So what are the main trends in manufacturing you need to know for 2022? We shed some light on current trends – and what’s around the corner.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Logistics Viewpoints

FEBRUARY 2, 2024

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

QAD

APRIL 19, 2022

When we talk about predictions and strategic planning with consumer packaged goods (CPG) and food & beverage (F&B) companies, we’re met with a great deal of uncertainty given the current state of disruptions and upheaval. We wrote about it at the beginning of the year in our 2022 predictions article.

Manufacturing 97

Manufacturing Predictive Analytics Software Supply Chain Planning Software Beverage 97

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

Vinculum

JULY 18, 2022

60% of the customers only engage in shopping with content marketing strategies. The e-commerce business model comes with the strategy of free delivery of the products. As per the survey, 65% of consumers buy packaged products, whereas 29% avoid plastic packaging. Free Delivery Options.

Trends 52

Trends Modeling Software Optimization Software Optimal Sourcing 52

SCMDOJO

APRIL 15, 2024

Ever wonder how Amazon gets your package to your door so quickly? We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

Supply Chain Game Changer

SEPTEMBER 23, 2022

These centers include areas to receive the items, ensure package efficiency, and store, ship, and audit supplies which is why you want to optimize your Distribution Center. On the other hand, inefficient distribution centers are prone to inventory inaccuracy and poor warehouse layout. Regularly Monitor Inventory. Key Takeaway.

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. Direct-to-consumer selling cuts out wholesalers In 2022 wholesalers are increasingly at risk of coming into competition with their own customers, as manufacturers look to sell directly to their consumers – skipping the traditional distribution model.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Enterra Insights

OCTOBER 26, 2022

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. ” IT Pro, 19 July 2022. [5] ” TechRadar.Pro, 12 August 2022. [9] ”[1]. Footnotes. [1]

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

Intelligent Audit

JANUARY 11, 2022

The state of supply chain tech in 2022, or supply chain technology, will be one for the record books. The traditional strategies and even some minimal e-commerce retailers faced uncertainty and a need for more technology. Taking stock of logistics trends and predictions is the best way for shippers to start the new year.

Supply Chain Planning Software 52

Supply Chain Planning Software Prescriptive Analytics Software Logistics Network Optimization Software Predictive Analytics Software 52

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. During one of its digital twin trials, Mars reduced the rate at which package overfilling occurred. Digital Twins for Inventory and Supply Planning. Retailers Reevaluate Inventory Plans in the Wake of Pandemic. Inventory Rationalisation at Bunnings.

Supply Chain Planning Software 52

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

Supply Chain Matters

JUNE 17, 2022

This survey of a reported 750 CEO’s and other C-Suite executives was conducted in May 2022, among executives based in North America , Latin America , Asia and Europe. Inventory Management Assessment- Samsung Electronics. Samsung ’s inventory balances reportedly reached the equivalent of $36.9 cyberattacks. Bob Ferrari.

Inventory Reduction 52

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

Vinculum

JUNE 27, 2022

In India, too, entrepreneurs are adopting a direct-to-consumer (D2C) strategy based on eliminating intermediaries from the supply chain. was founded in 2017 to create organic packaging well and transform people’s lives via organic and pious flowers used in temple prayers.

Expense Reduction 52

Expense Reduction Inventory Reduction Cost Reduction Strategies India 52

Enterra Insights

OCTOBER 11, 2022

To help them navigate that changing landscape, Enterra ® developed the Enterra Global Insights and Decision Superiority System that can run hundreds of different scenarios in a very short time to help companies generate the right strategy in a rapidly shifting environment. ” • Manage inventory. ” • Be demand-driven.

S&OP 130

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Planning 130

Logistics Viewpoints

AUGUST 19, 2022

USPS is raising rates on packages during the holiday season. Retail customers will see increases ranging from 30 cents to more than $6, depending on the weight of the package and the distance it must travel. Walmart estimates that inventory is still 15 percent above optimal levels. And now on to this week’s logistics news.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 199

Intelligent Audit

JANUARY 10, 2023

The year 2022 saw the challenge of retailers having overstocked inventory created by inventory gluts from COVID demand changing. Retailers responded to their high inventory with promotions, such as extensive discounts and extended Black Friday sales, to encourage consumer demand. which was expected for 2022’s peak season.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Real-time Visibility 52

Enterra Insights

JANUARY 31, 2023

In 2022, the firm [expected] the market to expand 32.4%, supported by ‘pandemic-induced online shopping stickiness.’ ’ By contrast, eMarketer found the online grocery market rose by 64% and 12% in 2020 and 2021, respectively, and is forecasting a 20% jump [for 2022]. ” Grocery Dive, 16 December 2022. [8]

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

Supply Chain Matters

OCTOBER 19, 2023

Background For some time now, Supply Chain Matters has published viewpoints on the disruptive threat that online platform provider Amazon will and has had on both online and physical retail, but also package logistics, transport and last mile product fulfillment strategies surrounding many industry sectors.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Expense Reduction Inventory Reduction Cost Reduction Strategies 52

Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. for First Class Package Service (applies to parcels weighing less than 1 pound) 6.6% Despite carrier hopes, peak season 2023 is starting to look like a bust.

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

ToolsGroup

OCTOBER 3, 2022

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.” in 2022, with Finance Minister Bruno Le Maire calling the shortage the country’s “second biggest emergency.”.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Stord

JANUARY 11, 2022

Now that we’re in 2022, things should revert back to normal (whatever that means), right? Stord’s team works with hundreds of companies every day to drive efficiencies and optimize their operations across a range of freight, warehousing, fulfillment and packaging requirements.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Forecasting Software 78

Enterra Insights

APRIL 13, 2023

.”[3] The problem for retailers is that steep discounts cut deeply into profits — which makes price optimization and trade promotion strategies critical. She reports, “Retailers like Best Buy, Party City, Walmart and Wayfair announced layoffs in 2022. ” The New York Times, 31 January 2023. [2]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

ThroughPut

SEPTEMBER 1, 2022

September 1, 2022 /PRNewswire/ — ThroughPut Inc., the Industrial AI Supply Chain pioneer, today announced updates of its Pricing and Promotion software capabilities, which leverage AI to predict demand and accordingly inform pricing and promotion strategies to maximize profitability. PALO ALTO, Calif.,

Price Reduction 98

Price Reduction Supply and Demand Resource Reduction Inventory Reduction 98

Unleashed

MARCH 2, 2022

In what could be a shift from ‘just-in-time’ to ‘just-in-case’ stock models, analysis of 521 SME manufacturers found that the overall value of stock rose by 34 per cent between 2020 and 2022, while overall domestic demand* dropped 6.8 10 Trends in Supply Chain Management in 2022. Supply Chain Management is changing. Read article.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Disruption Modeling Agile and Lean Supply Chain 98

ModusLink Corporation

MARCH 30, 2023

Returns management and reverse logistics have become crucial components of any company’s business strategy. Even more importantly, returns rates have hit their highest in the 2022 holiday shopping season. However, the strategy behind reverse logistics isn’t always about managing inbound flows.

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

ToolsGroup

SEPTEMBER 20, 2022

That’s why companies in the manufacturing sector are shifting from reactive to data-driven maintenance strategies. Optimize spare part inventories. As competition increases, companies worldwide focus on delivering quality products through lean manufacturing strategies. Minimize production losses and defects.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

QAD

JANUARY 24, 2023

For example, as of November 2022, the program has added three additional benefits for CTPAT certified organizations: Front of the line admissibility review: shipments detained due to forced labor concerns will have admissibility packages prioritized over non CTPAT members.

Supply Chain Software 97

Supply Chain Software Manufacturing Procurement Optimal Sourcing Procurement 97

SCMDOJO

JULY 29, 2022

Economic order quantity is one of the “most commonly used inventory-control techniques”. The objectives and advantages of Economic Order Qty (EOQ) are to minimize inventory carrying costs and ordering costs while simultaneously limiting the probability of stock out to avoid any lost sales or customer loss. S = Cost per order.

Sourcing Strategies 103

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Boston 103

Cognira

DECEMBER 20, 2022

December 20, 2022. Throughout this blog, discover what green retailing is, why retailers should adopt this strategy, and the positive impact advanced technology can have on sustainable strategies. How Green Retail Strategies can Involve the Entire Retail Chain. Product Packaging. Product Packaging.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

Logility

JUNE 30, 2022

Roughly 25% of workers plan to change jobs in 2022. This results in delays that cause material or inventory shortages that affect both manufacturers and retailers Fulfillment centers that are short of workers can’t keep pace with order fulfillment volumes fueled by eCommerce. In February alone, 22,000 people in the U.S.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

Elementum

AUGUST 3, 2022

Here, businesses develop a strategy to address how their products and services will meet the needs of their customers. The primary focus is to design and develop a strategy to ensure maximum profit for the company, while reducing any lag in the supply chain.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 78

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

Supply Chain Game Changer

FEBRUARY 22, 2022

One of the areas which stood out for me early on as needing improvement was the Inventory Management performance. For a company that held itself out as being a global Supply Chain leader I was underwhelmed when I saw that their inventory turnover was around 6 turns. That is when I met Drew Morgan.

Inventory Reduction 79

Inventory Reduction Material Savings Waste Reduction Price Reduction 79

BlueYonder

JUNE 20, 2022

End-to-end supply chain digitalization has proven essential in addressing these macro issues by finding alternate suppliers, locating or diverting inventory, identifying new routes, and taking other strategic actions. According to Avrutov, the 2022 Bringg Barometer emphasizes the urgent need for retailers to master last-mile delivery. “In

Retail 78

Retail Logistics Network Optimization Software Modeling Optimization Software 78

crisp

DECEMBER 7, 2023

To realize their vision of a streamlined, data-empowered supply chain, Director of Sales Operations and Analytics Franz Oliveira signed on to Crisp in Spring 2022. Historically, decisions about where to target maintenance efforts have been based on broad strategies or even gut feelings.

Groups 52

Groups Inventory Reduction Modeling Agile and Lean Supply Chain 52

Stord

APRIL 26, 2022

After 2+ years of out-of-stock messages, low inventory levels, and sky-high costs, brands are exploring a wide range of strategies to resolve these issues and strengthen their inventory throughput in 2022 and beyond. Unfortunately, not all supply chain strategies are created equal. As the U.S.

Inventory Reduction 78

Inventory Reduction Vendor Strategies Cost Reduction Strategies Expense Reduction 78