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 ?

Optimal Sourcing 78

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Supply Chain Matters

JANUARY 6, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our Annual 2023 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month. Expected 2023 global economic growth in a range from 2 percent to 2.7

Predictive Analytics Software 98

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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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Freightos

JANUARY 15, 2024

And the answer lies in how their 2023 went too. Navigating 2023’s Challenges and Looking Ahead While 2023 saw a general decrease in demand, with 60% witnessing a downturn, most attributed this to high inflation and a shift in consumer preferences.

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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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Stord

DECEMBER 4, 2023

ATLANTA, GA, December 4, 2023 – Stord , a leader in omnichannel fulfillment services and technology for mid-market and enterprise brands, announced today that it has been named a Top Tech Startup for 2023 by Food Logistics and Supply & Demand Chain Executive. Go to www.FoodLogistics.com and www.SDCExec.com to learn more.

Demand Planning Software 60

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Ware2Go

FEBRUARY 20, 2023

Ahead, we’ll explore the latest supply chain trends for 2023 to keep your business ahead of the curve. The post Digital Supply Chain Solutions for 2023: The Future of Logistics Is Here appeared first on Ware2Go. What is a Digital Supply Chain Solution?

Optimal Sourcing 98

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Supply Chain Matters

FEBRUARY 5, 2024

Key industry supply chain bellwether firm Samsung Electronics reported Q4 and full year 2023 financial performance, headlined as being the weakest profitability levels in a decade. For the quarter that ended in December 2023, the supplier posted KRW 67.78 For the full year of 2023, the company reported KRW 258.94

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The Logistics of Logistics

SEPTEMBER 25, 2023

He has extensive experience in the industrial supply chain and distribution space, as he was recognized as a Supply Chain Pros to Know by Supply and Demand Chain Executive in 2021, 2022, & 2023. For manufacturers: Optimizes inventory and harmonizes data to reduce costs, improve visibility, and make better sourcing decisions.

Optimal Sourcing 263

Optimal Sourcing Material Savings Sourcing Strategies Inventory Reduction 263

QAD

JANUARY 24, 2023

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

Supply Chain Software 97

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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.

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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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

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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

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Supply Chain Matters

APRIL 4, 2024

Gather AI Raises $17 Million in Series A Funding Computer vision and AI-powered warehouse inventory monitoring technology start-up Gather AI has announced $17 Million Series A-1 funding led by Bain Capital Ventures. No financial details were disclosed in the announcement. All rights reserved.

Supply Chain Design Software 40

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Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023. According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Similar trends were highlighted in our Supply Chain Matters summary of the May 2023 LMI report.

Negotiating Skills 52

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o9 Solutions

APRIL 11, 2023

DALLAS, April 11, 2023 – o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, today reported that its annual recurring revenue (ARR) added in Q1 2023 grew by 51% year-over-year. In late March 2023, o9 Solutions hosted its largest annual aim10x global virtual event.

Supply Chain Planning Software 52

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The Logistics of Logistics

JANUARY 13, 2023

The Amplio solutions ensure that you have the inventory you need, when you need it, at the most optimized price so that you can focus on what matters most to you and your business. Streamline procurement. Meet with Amplio @ IPC Apex Expo 2023. Access diverse sources of supply. Learn More The Amplio Story. Amplio on LinkedIn.

Manufacturing Procurement 182

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Supply Chain Matters

JANUARY 10, 2023

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Prediction Background. For those businesses located in the U.S.,

Predictive Analytics Software 52

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Resilinc

JUNE 21, 2023

That’s why we’ve compiled a new list of six highly recommended supply chain books from our team, to help you navigate supply chain management and resiliency in 2023 and beyond. #1 The post 6 Must-Read Supply Chain Books for 2023 appeared first on Resilinc. Download the report here: Turbulence: 2020 Annual Report.

Supply Chain Software 62

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Supply Chain Matters

JANUARY 25, 2023

The overall themes of the 2023 gathering was appropriately termed: Cooperation in a Fragmented World.” The takeaways from the 2023 gathering were many, and often varied in perspective and viewpoints. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Optimal Sourcing Supply Chain Software 52

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

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Synovos

NOVEMBER 10, 2023

This achievement is further heightened, as the criteria for attaining the platinum standard in 2023 are even more rigorous than in previous years. The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement.

Eliminating Excel in Purchasing 105

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Supply Chain Matters

APRIL 4, 2023

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. However, we discern some added signs excess inventories and of production sourcing shifts. The overall average for all of Q1-2023 was 48.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

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 Matters

JUNE 7, 2023

percent in 2023, compared to 4.1 percent in 2023, compared to an estimated 3 percent in 2022. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Emerging market and developing economies, excluding China are now expected to grow 2.9 percent in 2022. China is now forecasted to grow 5.6

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 52

ToolsGroup

FEBRUARY 23, 2023

With ToolsGroup’s suite of planning solutions, the cosmetic company wants to balance inventories and service to make better, smarter and faster decisions within its supply chain network. Belcorp wanted to increase customer satisfaction while boosting profitability and reducing inventory.

Supply Chain Planning Software 156

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Unleashed

JULY 25, 2023

The inventory turnover ratio measures how often stock is sold and replaced over time. It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover is expressed as a financial ratio.

Inventory Reduction 52

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Supply Chain Matters

OCTOBER 10, 2023

In this October 10, 2023 2023 edition of Supply Chain Matters This Week in Supply Chain Technology we provide our capsule highlights of investments announced by supply chain management focused tech providers. This includes our October 10, 2023 edition of Supply Chain Matters This Week in Supply Chain Technology.

Supply Chain Planning Software 52

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Supply Chain Matters

APRIL 14, 2023

The Supply Chain Matters blog features our April 14, 17, 2023 edition of This Week in Supply Chain Management Tech , a synopsis capsule of noteworthy supply chain management focused technology news. This tech provider was more recently named as the Fast Company World’s Most Innovative Companies for 2023. All rights reserved.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 52

Freightos

SEPTEMBER 14, 2022

While high, the shipping costs typically paled in comparison to the lost sales due to inventory shortages. Changing Trends in BCO Air Cargo Procurement. During the peak of the ocean freight congestion, in September 2021, ocean freight rates reached well over $20,000 for China – US West Coast shipping. Signup Now.

Logistics 156

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Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

EMERGE App

DECEMBER 25, 2023

These challenges encompass Purchasing, Production Planning, Sales-Distribution, Inventory Management, Warehousing Management, Human Resource Management (HRM), and Finance. The importance of Inventory management in business Inventory management holds immense importance in business operations.

Inventory Management Software 52

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The Logistics of Logistics

MAY 26, 2023

Hannah was named an SDCE 2023 Supply Chain Pro to Know and 2021 WE USA Top WBE CEO. Committed to environmental and social responsibility, ALOM manages the physical supply chain from procurement, inventory management, contract assembly, digital media and print, to omni-channel fulfillment and returns.

Supply Chain Design Software 205

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o9 Solutions

JANUARY 5, 2023

The energy trilemma of energy security, sustainability, and affordability is kicking in full gear in 2023. At the strategic planning level, decisions have to be taken on demand allocation, feedstock procurement, utilization of production capacities, distribution, and utilization of modes of transport. Improving fleet utilization.

Modeling 52

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Enterra Insights

AUGUST 15, 2023

The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. Transforming Inventory Management. Young observes, “[In recent years, retailers have experienced] product shortages and overstuffed inventories in rapidly changing consumer markets.

Supply Chain Planning Software 130

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crisp

FEBRUARY 14, 2023

Food Logistics has named Barry Bradley, Head of Supply Chain at Crisp, as one of their 2023 Rock Stars of the Supply Chain. A day of transit saves millions of dollars over the course of a year, when you’re talking about all the inventory being shipped,” he explains. “[So]

Food 52

Food Logistics Network Optimization Software Supply Chain Waste Reduction 52