Unleashed

APRIL 18, 2023

The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Logistics Viewpoints

DECEMBER 1, 2022

Unlike the folks projecting election results these days, I was a little more accurate and the 2022 projections have set the stage for what will happen in 2023. Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023.

Predictive Analytics Software 199

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ToolsGroup

APRIL 3, 2023

After four days of retail insights focused on the trends, business models, and technologies that are shaping the future of retail, ShopTalk 2023 has closed a successful and illuminating conference. The industry is definitely back in action after the sluggishness of Covid, and we’re looking forward to seeing retail gain momentum again.

Inventory Reduction 156

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crisp

APRIL 25, 2024

Supply chain efficiency and cost controls are top priorities in CPG earnings discussions as brands combat inflationary pressures and aim to maximize margins. How did 2023 look from the CPG C-suite? But challenges remain, and brands say reducing costs and maximizing efficiency across their enterprise is still a priority.

Demand Planning Software 52

Demand Planning Software Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 52

Supply Chain Matters

FEBRUARY 7, 2024

Supply Chain Matters provides highlights and perspectives of Amazon’s recently reported Q4 and full year 2023 financial performance. Amazon for one, has provided compelling indications for the industry. The reported profitability for the holiday quarter of $10.6 billion in 2023, compared with $12.2 percent to $276.8

Inventory Reduction 52

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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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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

Manufacturing Procurement Global Procurement Analytics Myanmar 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

Synovos

NOVEMBER 10, 2023

The platinum medal puts RS Group in the top 1% of the 100,000-plus rated companies assessed by EcoVadis with each company rated on the material sustainability risks and issues for size, location, and industry. ESG Report: FY24 www.rsgroup.com/media/bsocsl4m/rs-group-esg-h1-highlights-pack_-november-23.pdf

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105

Supply Chain Matters

DECEMBER 4, 2023

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

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

NOVEMBER 6, 2023

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.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

crisp

OCTOBER 3, 2023

We’re providing insight on the retail trends surrounding the 2023 holiday season, and how businesses can leverage data-driven strategies to meet them head-on. As the retail industry prepares for the 2023 holiday season, it’s clear that this year will again diverge from the pre-pandemic norm.

Waste Reduction 52

Waste Reduction Inventory Reduction Vendor Strategies Resource Reduction 52

BlueYonder

DECEMBER 8, 2023

There are patterns to speak of but, increasingly, they’re tricky to spot as they pop up and fade, almost in real-time, across a complex array of purchase preferences and channel combinations. In 2020, amid the pandemic factors, McKinsey reported that 75% of U.S. trillion in 2023, with e-commerce websites taking up 22.3%

Retail 82

Retail Supply and Demand Inventory Demand Planning Software 82

ModusLink Corporation

DECEMBER 13, 2022

With so much disruption fresh in mind, looking toward 2023 feels a bit more stable for every warehouse and distribution channel. However, the instability around the risk of recession remains, and knowing the top supply chain trends to watch in 2023 will help your organization prioritize operations and succeed.

Agile and Lean Supply Chain 78

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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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Enterra Insights

APRIL 2, 2024

The checkout kiosks bleat and flash when you fail to set a purchase down in the right spot. Journalist Chris Gorrie reports, “Walmart’s heavy reliance on self-checkout has necessitated the deployment of workers as makeshift security personnel, actively monitoring customers for potential theft.”[2]

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Procurement Analytics Eliminating Excel in Purchasing 52

Intelligent Audit

JANUARY 9, 2023

As the transportation industry waves goodbye (and good riddance) to 2022, innovative logistics professionals are already working hard to make 2023 a banner year for the global transportation industry. With 2023 ready and raring to go, here are the eight news updates and trends happening in the industry that’s always moving.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Negotiating Skills Transportation Purchasing Skills 52

Synovos

AUGUST 21, 2023

About RS Integrated Supply RS Integrated Supply, part of RS Group, is a global MRO supply chain services provider, offering outsourced Procurement & Storeroom Solutions™ to manufacturing, assembly, and process industry clients. Together, the two form the world’s first MRO supply chain services company with true global reach.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Manufacturing Procurement Optimal Sourcing Procurement Solutions 52

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. It all comes back to the data,” agrees Tom Cummins, Vice President of Global Procurement at RS Integrated Supply. “If

Trends 52

Trends Logistics Network Optimization Software Procurement Solutions Optimal Sourcing 52

Supply Chain Matters

SEPTEMBER 18, 2023

The Supply Chain Matters blog provides an updated news capsule follow-up relative to major supply chain management and industry developments that we have shared previously on this blog. Last week, the industry publication Aviation Week published its report, Pratt GTF Repair Plan Jolts Beleaguered Airline Industry.

Supply Chain Planning Software 59

Supply Chain Planning Software Cost Reduction Strategies Supply Chain Planning Supply Chain Strategy 59

Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

BlueYonder

DECEMBER 18, 2023

Blue Yonder has been named as a Leader in the IDC MarketScape: Worldwide Order Orchestration and Fulfillment Applications for Retail 2023 Vendor Assessment (doc #US49615623, December 2023). The IDC MarketScape report on Order Orchestration and Fulfillment evaluates 14 software vendors in this area.

Optimal Sourcing 94

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 94

Supply Chain Matters

NOVEMBER 15, 2022

In conjunction with the summit meeting of G-20 leaders held in Indonesia , the International Monetary Fund (IMF) indicated that the expected 2023 economic outlook appears gloomier that that forecasted just last month. Special emphasis is placed on Europe, in-particular. The posting further observes: “. Bob Ferrari. All rights reserved.

Manufacturing Procurement 52

Manufacturing Procurement Indonesia Ukraine Forecasting 52

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

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain Shaman

DECEMBER 7, 2023

Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. So, my question for the President’s task force is, “If the industry is not clear, and you don’t have a definition, how can you deliver your mission?” The result was restatement.

Supply Chain Design Software 303

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Logistics Viewpoints

OCTOBER 18, 2023

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. However, imports of industrial supplies appear to be declining. Manufacturing Purchasing Managers Indexes The J.P.

Manufacturing Procurement 265

Manufacturing Procurement GEP Purchasing Skills Logistics 265

Enterra Insights

DECEMBER 19, 2023

The staff at ISP.PAGE observes, “Cognitive computing is rapidly becoming a transformative force in the retail industry, offering the key to unlocking customer insights and enhancing engagement. As the ISP.PAGE staff notes, “Traditionally, retailers have relied on historical data and basic analytics to understand their customers.

Optimal Sourcing 130

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

Enterra Insights

MAY 16, 2023

. … Most of those trading down [actions] either adjusted the quantity or pack size of their purchases (60 percent), which is the primary method of trading down for necessities, or decided to postpone a purchase (44 percent), typically for nonessential items. In January: Report ,” MediaPost, 10 February 2023. [3]

Analytics Software 130

Analytics Software Supply Chain Design Software Procurement Analytics Procurement Solutions 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

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

Supply Chain Matters

FEBRUARY 22, 2024

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their purchase decisions. The reported profitability for the holiday quarter of $10.6

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

NC State SCRC

JANUARY 1, 2023

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.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Supply Chain Matters

JULY 5, 2023

On June 30, word came that UPS provided what was reported as counter proposal “ with significant movement on wages and other economic language.” A reported tweet by the Teamsters Twitter account on Friday indicated that the union was poised to reach a deal no later than July 5, which is today. The question will be timing.

Procurement Analytics 52

Procurement Analytics Report Supply and Demand North America 52

Enterra Insights

OCTOBER 19, 2023

Grocery sector journalist Sam Silverstein reports, “While grocery spending was up modestly in June, the government’s latest retail sales data underscores how significantly the landscape has shifted for the industry since the start of the year. ” Grocery Dive, 25 May 2023. [3]

Price Reduction 130

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