2023 Analytics Procurement Sourcing 
Logistics Viewpoints
JANUARY 17, 2023
Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.
Logistics Viewpoints
FEBRUARY 14, 2024
Looking Back to 2023 Performance in 2023 was not as positive as we might have hoped, and it was a harder year than many had anticipated. A majority of organizations (62 percent) missed their 2023 business goals, and four in five organizations reported falling short of their competitors’ or peers’ performance (Figure 1).
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Logistics Viewpoints
JUNE 1, 2023
Here are some highlights from these trends in 2023 and implications on supply chain planning. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions.
ModusLink Corporation
SEPTEMBER 1, 2023
Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Container rates in late July 2023 reached $1323 per TEU, significantly surpassing the late-2019 rates of $1236.87 But what does that mean for future strategies in procurement ?
SCMDOJO
APRIL 4, 2023
Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?
Supply Chain Shaman
APRIL 18, 2023
In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. In March 2023, the level of disruption fell to a level seen in November 1998. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Build in-market sourcing. The reason?
Precoro
AUGUST 14, 2023
More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?
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