SCMDOJO

SEPTEMBER 18, 2023

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.

Negotiating Skills 97

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 97

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

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

Logistics Viewpoints

NOVEMBER 6, 2023

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. Increasingly, companies will take sustainability criteria into account in their purchasing decisions. In short, the reported supplier data ripples up to a buyer’s Scope 3 calculations.

Resource Reduction 223

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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?

Prescriptive Analytics Software 110

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ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance.

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Zipline Logistics

APRIL 4, 2023

inflation rate is sitting at 6% as of February 2023. Fuel Prices Fuel prices have also been steadily declining since the beginning of 2023. The report reveals that increased efficiencies and visibility are top priorities for companies over the next 1-3 years. Read the full report here. we faced in June of 2022.

Freight 76

Freight Price Reduction Expense Reduction Cost Reduction Strategies 76

Supply Chain Matters

JANUARY 8, 2024

Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMI® ended 2023 on a noted lackluster footing. at the end of 2023.

Manufacturing Procurement 52

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Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Improve cross-government data sharing and analyze resilience. Expand the “FLOW” program for logistics information sharing to forecast transportation flow.

Supply Chain Design Software 307

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 307

ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Enterra Insights

JULY 13, 2023

Brad Cook and Steve Hewitt , partners at Wipfli, report, “Consumer spending accounts for nearly 70 percent of U.S. ”[2] Below are some of the CPG trends experts believe will continue to affect the CPG sector in 2023. ”[5] • Increase in private label purchasing. economic activity.”[1]

Packaging 130

Packaging Trends Modeling Supply Chain Planning Software 130

Supply Chain Matters

NOVEMBER 13, 2023

2023 China Singles Day Shopping Festival Similar to what occurred last year at this time , major online retail platform providers Alibaba and JD.com each indicated that their platforms experienced year-over-year gross merchandise value (GMV) revenue and volume growth but would not share added details. That compared to a reported growth of 2.9

Supply Chain Planning Software 59

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Logistics Viewpoints

OCTOBER 2, 2023

The interview occurred during athe FourKites Visibility 2023 user conference on September 7th in Chicago. FourKites believes they have the largest repository of supply chain data in the world. To get visibility to whether a load will be on time and in full, a lot more data is required. appeared first on Logistics Viewpoints.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Enterra Insights

APRIL 20, 2021

Thanks to the pandemic, consumers now find themselves more frequently on the digital path to purchase. In 2020, global e-commerce sales growth jumped three years in the first three months of stay-at-home mandates, with a share of overall retail matching 2023 predictions. Greg Hewitt ( @GregHewittDHL ), CEO of DHL Express U.S.,

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Predictive Analytics Software 130

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

SCMDOJO

APRIL 15, 2024

The inner workings of logistics at Amazon are a marvel of efficiency, precision, and constant innovation. We’ll explore their logistics empire, from warehouse robots to futuristic visions, and discover how they manage millions of packages daily. Ever wonder how Amazon gets your package to your door so quickly?

Logistics Network Optimization Software 79

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Resilinc

MARCH 26, 2024

In our second AI blog of the series, Predictive AI vs. Generative Supply Chain AI , we looked at the difference between predictive AI and generative AI. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators.

Modeling 113

Modeling Supply Chain Risk Management Modeling Software Risk Management 113

Logistics Viewpoints

MARCH 3, 2023

And now on to this week’s logistics news. According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3 Trade between China and Canada hit record levels in 2022, with imports breaking the $100-billion mark for the first time, Statistics Canada data show.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 200

Supply Chain Matters

MAY 5, 2023

Supply Chain Matters provides highlights of April 2023 reported global and regional PMI indices which continue to reinforce a state of contraction level stabilization within global supply chain networks. Some good news is that the reported data reinforces that global supply chain wide pressures have eased considerably.

Manufacturing Procurement 52

Manufacturing Procurement Global Supply Chain Optimization Supply Chain Strategy 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. Procurement. Purchase Order Management. Inventory Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Logistics Viewpoints

APRIL 25, 2022

In January 2023, the Germany Supply Chain Due Diligence Act will come into effect, requiring businesses to monitor supply chains for human rights violations and compliance with environmental standards. The community data can be leveraged to help a company find more ethical suppliers. Child labor and modern slavery.

Supply Chain Software 240

Supply Chain Software Supply Chain Strategy Procurement Solutions Supply Chain 240

Supply Chain Matters

JULY 6, 2023

Supply Chain Matters provides highlights and perspectives on reported June 2023 and Q2-2023 quarterly global and regional PMI indices. The June reported value of 48.8 value reported for May. The June reported value of 48.8 value reported for May. reflected a six-month low, and declined 0.8

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

GlobalTranz

AUGUST 1, 2018

Intermediaries may include financial experts, data analysts, freight auditors, and more. Although it may seem counterintuitive for a third-party logistics provider (3PL), like Cerasis, to trumpet such prospects, the resounding impact will drive greater efficiencies in supply chains. GET YOUR FREE WHITE PAPER. DOWNLOAD WHITE PAPER.

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Supply Chain Matters

MARCH 27, 2023

The Supply Chain Matters blog features our March 27, 2023 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news. The bank will reportedly purchase $119 billion in deposits and upwards of $72 billion in existing SVB loans. bank and considered as one of the U.S.’s

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Supply Chain Matters

MAY 30, 2023

The April 2023 GSPI reportedly dropped to a negative value 1.32, down from negative 1.15 reported for March, and a negative 0.29 reported for February. Noted in the Feds April 2023 narrative were significant downward contributions from Euro Area delivery times, Euro Area stocks of purchases, and Korean delivery times.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Taiwan New York 52

Intelligent Audit

AUGUST 16, 2022

On August 5, 2022, FedEx released its updated surcharge and fee chart that displays small fees initiated from September 5 to October 2, 2022, and larger fees extending from October 3, 2022, to January 15, 2023. . The nominations for The Trade Association for Logistics Professionals began last week and will run through September 9, 2022.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Demand Planning Software 98

Synovos

FEBRUARY 6, 2024

Integrated Supply in 2024: Three Trends Reshaping the Industry When it comes to the three biggest trends within integrated supply this year, the need for accurate data is a common thread. High quality data is an important enabler of integrated supply.” “It Use of AI will continue to transform procurement in the years to come.

Trends 52

Trends Logistics Network Optimization Software Procurement Solutions Optimal Sourcing 52

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. By 2023, attrition among these customers had fallen to 3.2%.

Vendor Strategies 225

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 225

ModusLink Corporation

MARCH 30, 2023

According to data shared by Vue.AI , “more than 60% of online shoppers say that they look at a retailer’s return policy before making a purchase. Unlike the forward view, reverse logistics follow the opposite process. Reverse Logistics and Returns Management Are an Opportunity for Profit.

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78

Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin. What factors will impact commodities in 2023?

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

Supply Chain Matters

NOVEMBER 30, 2023

According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period. According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period. on gifts, reflecting 70 percent of purchases. million shoppers visiting physical stores. All rights reserved.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Purchasing Skills Cost Reduction Strategies 52

ShipBob

JANUARY 15, 2024

In fact, according to a report , two-thirds of retailers had excess inventory during the 2023 holiday season last year. Supply chains: Excess inventory or stock in warehouses can disrupt the flow of goods, and logistics companies may struggle with storage issues, further complicating supply chain management.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. This report highlights that 97% of respondents anticipate AI impacting product development and manufacturing. #2

Supply Chain Planning Software 74

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ShipBob

FEBRUARY 6, 2023

To make this happen, businesses need to take advantage of technology solutions that allow them to seamlessly share data, communicate, and execute different warehousing tasks. From platforms that simplify data exchange to tools that support storage and retrieval, these latest warehouse technologies allow for better automation and efficiency.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 52

QAD

MAY 23, 2023

The International Labor Organization reports that 27.6 ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development.

Procurement Solutions 92

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Supply Chain Matters

DECEMBER 13, 2022

The transaction has reportedly been approved by the Board of Directors of Coupa and is expected to close in the first-half of 2023 subject to closing conditions including approval by Coupa shareholders, who will be compensated at $81 per share. Non GAAP net income in the latest quarter was reported as $11.6 million, compared to a $91.2

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

Supply Chain Matters

OCTOBER 6, 2023

Supply Chain Matters provides highlights and added insights on reported September and Q3 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported September PMI reported value 49.1 reflecting a 0.4

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Locus

APRIL 3, 2023

All successful modern-day businesses rely on an efficient system of logistics management. An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. What is logistics management? What is logistics management?

Optimal Sourcing 52

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