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Procurement Synonyms: All The Words You Need to Know in 2023

SCMDOJO

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

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Consumer Credit, Generation Z, and the Consumer Packaged Goods Sector

Enterra Insights

Economics reporter Ann Saphir explains, “Americans borrowed more than ever on their credit cards in the [second quarter of 2023], with balances surpassing $1 trillion for the first time even as overall household debt loads were largely unchanged. Most economists credit strong consumer spending for this soft landing.

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

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?

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. value reported for September.

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

I decided to take a look at quarterly changes in worldwide merchandise export volumes from 2016 to 2023. The report for August (released in late September) shows negligible changes in the aggregate. Manufacturing Purchasing Managers Indexes The J.P. However, imports of industrial supplies appear to be declining.

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Ten Supply Chain Predictions for 2023

NC State SCRC

As we go into the first week of 2023, many are wondering what’s ahead for global commerce and supply chains. 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. Inflation is indeed going down slowly– but not as fast as the markets would like.

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This Week in Supply Chain Tech January 23, 2024

Supply Chain Matters

The modules announced as general availability were Supply Planning , software that supports accurately forecasting and planning purchases of raw materials, components and finished goods as well as improve in-stock rates across the extended supply network. Virginia), US West (Oregon) , Europe (Frankfurt) , and Asia Pacific (Sydney ) regions.