crisp

APRIL 25, 2024

And what’s in store for 2024? Here’s a look at some of the takeaways from recent CPG earnings discussions, the headwinds and tailwinds brands are experiencing, and strategies for staying on course in 2024. How did 2023 look from the CPG C-suite? What’s the response to this shift in consumer behavior by the leaders in the CPG industry?

Demand Planning Software 52

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

Enterra Insights

APRIL 24, 2024

An unimaginable amount of food is wasted every year. billion tons of food every year.”[1] The RTS staff reports, “The United States discards more food than any other country in the world: nearly 60 million tons — 120 billion pounds — every year. pounds of food waste per person sent for disposal. .”

Waste Reduction 130

Waste Reduction Food Price Reduction Manufacturing Procurement 130

SCMDOJO

NOVEMBER 28, 2023

COMTO North Texas Scholarship Students looking for financial support for their university education in 2024 should consider applying for this scholarship. Unlike most funding sources that offer all beneficiaries a fixed amount of money, this program provides scholars different rates ranging between $500 and $2,500. 2. David R.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply Chain Software 97

ThroughPut

JANUARY 2, 2024

Similarly, fast-food behemoths like Burger King, Taco Bell, and McDonald’s utilize JIT to guarantee the production of fresh, hot food precisely when ordered. The post Just-In-Time Management – How to Manage Inventory in 2024 appeared first on ThroughPut. Retail giants such as Target Corporation and Walmart Inc.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Supply Chain Shaman

DECEMBER 7, 2023

In addition, the Council will conduct a supply chain review by December 31, 2024, to evaluate the impact of the supply chain on National Security Lora’s Take I think that we need to be skeptical without getting political. Expand the “FLOW” program for logistics information sharing to forecast transportation flow.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

SCMDOJO

APRIL 15, 2024

Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range. Amazon Logistics Fulfillment Centers: Estimated number: Over 185 globally (as of 2024, exact numbers can fluctuate) Function: These are massive warehouses where Amazon stores a wide variety of products.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. Developments.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

QAD

JULY 7, 2022

The concept of ethical sourcing has risen in popularity during the past four years.” . In April 2022, allegations arose claiming children as young as 10 in Ghana , West Africa were harvesting cocoa beans for food industry giant Mondel?z z International, which owns Cadbury. Consumer Buying Trends.

Purchasing Skills 97

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 97

Logistics Viewpoints

JANUARY 23, 2024

This year, nearly 40,000 attendees comprising 6,200 brands from all over the world headed to the Javits Center to see what new solutions and innovations software and hardware suppliers had in store for 2024 and beyond. Kinaxis is focusing on the QSR industry first, looking at replenishment for both food and the necessary durable goods.

Supply Chain Planning Software 209

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 209

Logility

MAY 26, 2022

Key Takeaways: • Supply chain volatility is expected to continue and plague some sectors until 2024. Current volatility takes its toll, creating excess inventory, which creates a financial risk, leading to waste in many industries, particularly food and beverage, and fashion and apparel. Then, there’s the issue of surplus inventory.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Vinculum

FEBRUARY 2, 2024

billion in 2024. Source: Statista Internet penetration in most of the Southeast Asian countries is very high at 65-75%. A new seller in SEA would do well in food and beverage, home and living, and apparel and beauty categories, which show the strongest potential for growth according to a recent report by Mckinsey.

Asia 52

Asia Indonesia Thailand Philippines 52

Freightera

DECEMBER 21, 2023

Freightera’s CEO, Eric Beckwitt Gives His Predictions on The Trends in Sustainability in 2024. Although interest rates are widely predicted to fall in 2024, and the freight recession may end, the multi-decade trend of moving manufacturing overseas, especially to China, may be largely over.

Sustainability 40

Sustainability Manufacturing Procurement Trends North America 40

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. How else would we know which products consumers will want next, where to source inputs from or how much of an item to produce?

Predictive Analytics 71

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 71

ThroughPut

FEBRUARY 2, 2024

With Advanced Supply Chain Analytics : Advanced analytics can foresee such supply shortages by analyzing patterns, trends, and external factors, allowing the company to source alternative suppliers or adjust production schedules in advance. This includes data from suppliers, production facilities, logistics services, and customer feedback.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Vinculum

JULY 18, 2022

Such a platform gives an awful experience to mingle with other social media websites like Facebook, Instagram, and another relatable online source to attract a huge crowd. of the total e-commerce business by 2024. Replenishment includes necessary items like fresh produce, diapers, and pet foods. Social Media marketing.

Trends 52

Trends Modeling Software Optimization Software Optimal Sourcing 52

Unleashed

OCTOBER 25, 2021

The last 19 months have supercharged some of the food & beverage trends we saw pre-pandemic, offering new opportunities for challenger brands in the beverage sector. And we’re seeing much more interest in whether food and drink is ethically sourced and sustainably produced: 69% of UK consumers now say this is important to them.

Beverage 98

Beverage Manufacturing Procurement Manufacturing Forecasting Software 98

ToolsGroup

SEPTEMBER 18, 2023

We recently had the opportunity to sit down with Inna Kuznetsova, three-time winner of the Food Logistics and Supply & Demand Chain Executive’s Women in Supply Chain award. Read on for her insights on 2024 supply chain trends, innovation, and women in the workplace.

Gartner 296

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 296

Unleashed

MAY 19, 2020

billion by 2024, according to Business Wire. Craft brewing is projected to be a US$107 billion industry by 2024. With a focus on high-quality beers, they source ingredients from all over the world: malt from England and Germany, and hops from America and New Zealand; getting it all together can be a challenge.

Supply Chain Planning Software 98

Supply Chain Planning Software Forecasting Software Inventory Management Software Demand Planning Software 98

Logistics Viewpoints

FEBRUARY 3, 2023

In other Amazon news, the company will start charging fees to online shoppers for grocery orders of less than $150, underscoring the challenging economics of getting food to shoppers’ doorsteps. In 2021, the company eliminated a prior offer of free delivery for Whole Foods Market shoppers, tacking on a $9.95 for orders of $100 to $150.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 187

ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Over 90% of the United States’ semiconductor-grade neon is sourced from Ukraine. Consultancy UK). Supply Chain Dive).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

QAD

APRIL 6, 2021

The packaging industry has to stay on the forefront of change because what they produce affects so many other markets, like food and beverage, consumer goods and healthcare packaging. E-commerce in the US is forecasted to reach 24% by 2024. Sustainability will challenge the supply chain with new materials, sources and logistics.

Manufacturing Procurement 90

Manufacturing Procurement Packaging Predictive Analytics Software Manufacturing 90

Vanguard Software

MAY 25, 2021

Gartner expects that by 2024, 50% of supply chain organizations will invest in applications that support AI and advanced analytics, and McKinsey estimates that companies using AI for supply chain management could add $1.3 Breaking up with Excel: Digital Sales Planning Success with Concord Foods. Webinar: Register Now.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Waste Reduction 52

ShipBob

JANUARY 22, 2020

By 2024, the global beauty market is predicted to reach $750 billion, up from $432.7 CBD products alone are expected to reach $20 billion by 2024. billion in 2016. This indicates that online cosmetic companies alone continue to be on the rise, and more DTC brands are staying competitive despite leading online retailers like Glossier.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Expense Reduction 52

ToolsGroup

OCTOBER 25, 2022

If you’re in the consumer goods sector , seasonality affects items like pumpkin carvers, or food products, like Peeps. For all of this, you need a solution that provides your entire organization with a single source of truth, helping teams align on inventory positioning, financial decisions , and business planning. last year).

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

RFgen

SEPTEMBER 12, 2019

In fact, a recent study by Zebra Technologies reveals that 6 in 10 companies are planning to augment labor with more warehouse automation by 2024. A commonly overlooked source of ROI is in the cost savings for the day-to-day activities of your line-level employees. Finding ROI in Your Line-level Workforce. Read More ».

Supply Chain Software 54

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 54

RFgen

SEPTEMBER 12, 2019

In fact, a recent study by Zebra Technologies reveals that 6 in 10 companies are planning to augment labor with more warehouse automation by 2024. A commonly overlooked source of ROI is in the cost savings for the day-to-day activities of your line-level employees. Finding ROI in Your Line-level Workforce. Read More ».

Supply Chain Software 52

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 52

Supply Chain Matters

JULY 28, 2022

were causing shoppers to spend more on food necessities and less on discretionary items. One of the reported reasons is that generic food manufacturers are offering larger discounts after struggling with supply network issues during the pandemic. Store brands’ share of grocery sales are reportedly now at a reported rate of 21.6

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Supply Chain Planning Supply Chain Software 52

ThroughPut

JUNE 24, 2022

At the same time, global spending on IIoT Platforms is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. To what extent are we leveraging open-source technologies? AI in Supply Chain can help in Optimization. trillion to the global economy by 2030.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software Supply Chain Software 98

Unleashed

MARCH 22, 2022

Four key tips for success in the NoLo alcohol market The key to success in the NoLo market is to create flavour-rich drinks that offer a true alternative to alcohol, in terms of replicating the tastes and textures of alcoholic drinks – and that includes being able to be matched with food.

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

Resilinc

JANUARY 15, 2024

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. Which industries and companies are currently impacted in January 2024? Trade experts also say food inflation could hit staples such as rice, tea, coffee, and meat.

Industrial 115

Industrial Industry United Arab Emirates Pakistan 115

Unleashed

JANUARY 28, 2021

Sources: IBIS World Coffee Bean Distributors in Australia July 2020. Sources: IBIS World Coffee Processing in the UK June 2020. Sources: IBIS World Coffee Production in the US October 2020. Source: IBIS World Tea, Coffee and Other Food Manufacturing in New Zealand November 2020. Additional sources.

Manufacturing Procurement 59

Manufacturing Procurement Purchasing Skills New Zealand Australia 59

Enterra Insights

OCTOBER 11, 2019

Aly Walansky ( @alywalansky ) reports, “The patty itself is made from Impossible Foods’ signature burger blend which includes soy protein, potato protein, coconut oil, sunflower oil, salt, yeast and a variety of emulsifying agents. ” Are we headed for a future in which the foods we eat suffer from an identity crisis?

Food 100

Food Manufacturing Procurement Thailand Optimal Sourcing 100

Enterra Insights

OCTOBER 11, 2019

Aly Walansky ( @alywalansky ) reports, “The patty itself is made from Impossible Foods’ signature burger blend which includes soy protein, potato protein, coconut oil, sunflower oil, salt, yeast and a variety of emulsifying agents. ” Are we headed for a future in which the foods we eat suffer from an identity crisis?

Food 100

Food Manufacturing Procurement Thailand Optimal Sourcing 100

Unleashed

SEPTEMBER 30, 2020

The gross profit margin is what’s left over after you deduct the cost of brewing your beer; if you’re running a brewpub model, you will also need to take into account the cost of food sold. The main difference between calculating profit margin for a taproom and a brewpub is that you now have to include the cost of selling food.

Price Reduction 104

Price Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 104

Resilinc

DECEMBER 21, 2023

Various sectors, including oil/gas, consumer goods, lumber, and food may experience repercussions. The recent Red Sea attacks represent one of the five supply chain megatrends for 2024: geopolitical challenges. For further insights, explore our blog: The Top 5 Supply Chain Megatrends of 2024. to $78.64, while US oil rose 2.8%

Supply Chain Planning Software 61

Supply Chain Planning Software Shipping Supply Chain Software Logistics Network Optimization Software 61

Logistics Viewpoints

APRIL 19, 2024

On February 4 at the 2024 Grammy Awards, Taylor Swift announced that she would be releasing a new album, which had secretly been in the works for two years. But Amazon is on track to purchase by next year as much electricity produced by solar, wind and other carbon-free sources as it uses to power its operations.

Logistics Network Optimization Software 214

Logistics Network Optimization Software Logistics Baltimore Canada 214