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. AI will continue to make headlines in 2024, but within the world of integrated supply, it is already making a difference on the ground. “AI

Trends 52

Trends Logistics Network Optimization Software Procurement Solutions Optimal Sourcing 52

Supply Chain Matters

JANUARY 23, 2024

With this launch, customers can share purchase orders and demand forecasts with their trading partners, and then track the status of those purchase orders or changing inventory levels, all from within the module. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 59

Stord

FEBRUARY 15, 2024

Inaccurate inventory planning leads to missed sales and consumer dissatisfaction from out-of-stock situations, or costly and inefficient resource allocation by overstocking inventory or not storing it strategically. For more information about the new Inventory Planning solution, please visit www.stord.com/inventory-planning.

Supply Chain Planning Software 60

Supply Chain Planning Software Inventory Reduction Supply Chain Software Omnichannel 60

Supply Chain Matters

JUNE 7, 2023

In the not so optimistic category, the bank revised its 2024 global growth forecast to 2.4 The current forecast for 2024 growth is 0.8 That statement portends stubbornly high interest rates will likely extend into 2024. © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Forecasting 52

Forecasting Global Scenario Planning Supply Chain Planning 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. I am currently doing research on inventory management. No technology in the market measures inventory health.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Supply Chain Shaman

APRIL 16, 2024

Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Often, the planning group has high employee turnover and low job satisfaction. Focus on improving operating margin, inventory turns, and revenue/employee simultaneously.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software How To Inventory Reduction 217

Logistics Viewpoints

JANUARY 12, 2024

As a New England Patriots fan, this season was certainly disappointing, as everything seemed to go wrong, except for landing a top-3 draft pick in 2024. And finally, after 18 years at ARC Advisory Group, our colleague Clint Reiser is moving on to the next phase of his career. And now on to this week’s logistics news. percent of U.S.

Logistics Network Optimization Software 257

Logistics Network Optimization Software Price Reduction Inventory Reduction Resource Reduction 257

ToolsGroup

JANUARY 11, 2024

BOSTON – January 11, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Kappahl , a leading fashion chain in the Nordics, to drive better planning decisions, supporting and accelerating its business growth. Bulgari, and Kappahl.

ToolsGroup 156

ToolsGroup Sweden Supply Chain Planning Software Finland 156

Freightos

OCTOBER 25, 2023

Reports by many major retailers that inventories are now under control is a positive sign for the possibility of a restocking cycle after the holidays if spending holds up. But the run down of those inventories in the last few months also meant less importing and a relatively short and subdued peak season this year.

Asia 177

Asia Europe Price Reduction Freight 177

Synovos

JULY 24, 2023

RS is also aspiring to grow this range to 100,000 products globally by 2024/25. RS Group plc provides product and service solutions that help our customers design, build, maintain, repair and operate industrial equipment and operations, safely and sustainably. A short video explaining RS’ ESG solutions is available here.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

Synovos

JANUARY 24, 2024

RS Integrated Supply Joins Minority Supplier Development UK WARRINGTON, UK / RADNOR, PA 23 JANUARY 2024 – RS Integrated Supply, a global MRO supply chain management services company, announced it has joined Minority Supplier Development UK (MSDUK) as a corporate member as part of its commitment to growing a diverse supplier base.

Manufacturing Procurement 105

Manufacturing Procurement Procurement Solutions Purchasing Skills Optimal Sourcing 105

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. Full Fiscal Year Performance headlines for the full 2024 fiscal year were highlighted with: Consolidated revenue growth of 5.5 percent to $173.4 percent to $648.1 percent to $6.6

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Supply Chain Matters

FEBRUARY 5, 2024

Outlook for 2024 According to the company’s financial performance press release , ongoing macroeconomic uncertainties are expected to weigh on the business environment in the near-term. However, the ongoing trend of customers reducing inventory may mean that earnings will not significantly recover. All rights reserved.

Electronics 52

Electronics Optimal Sourcing Modeling South Korea 52

Supply Chain Matters

MARCH 6, 2024

Reportedly, only 4,900 vehicles have been delivered to customers, the remaining in finished vehicle inventory and valued at half a billion dollars in tied-up capital. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024. All rights reserved.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 52

Supply Chain Matters

APRIL 4, 2024

Accenture Acquires Global Logistics Consulting Firm Flo Group Global based consulting and other services firm Accenture has reportedly acquired European based global logistics consulting services firm Flo Group. The existing 280 Flo consultants will be part of the Accenture Oracle Business Group.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

Supply Chain Matters

FEBRUARY 7, 2024

We believe that these inventory management, customer and last-mile fulfillment strategies will have industry wide implications in terms of competitive stakes and cost-to-serve. Across the United States , Amazon elected to change its former predominant west to east coast hub based inventory and fulfilment distribution network.

Supply Chain Network Software 52

Supply Chain Network Software Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Supply Chain Matters

DECEMBER 27, 2023

CEO Raj Subramaniam specifically indicated: “ The inventory destocking phase has yet to begin in earnest.” Subramaniam indicated in the earnings briefing that the carrier remains on-track with its corporate restructuring plans, with an initial phase planned to go into effect in 2024. There is obviously much at-stake.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Forecasting 52

Supply Chain Matters

FEBRUARY 7, 2024

Amazon CFO Brian Olsavsky specifically noted to investors that that AWS customers are still cautious about their IT spending, but expects segment revenue growth to continue to accelerate in 2024. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Stay tuned.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Supply Chain Network Software 52

Supply Chain Matters

JANUARY 8, 2024

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Supply Chain Matters

DECEMBER 6, 2023

The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) The report specifically indicates : “ November’s dip was largely triggered by a decline in Inventory Levels (-9.1) The report authors context these moves as a return to just-in-time inventory management practices.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Trends Logistics Scenario Planning 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2024

In the sector, the bullwhip impact is high, the inflationary pressures of crude oil prices immense, the variability from energy outages painful, and inventories relatively low. If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? Focus on right-sizing inventories.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 130

Supply Chain Matters

DECEMBER 28, 2023

Consumers were expecting that there would be adequate inventory of goods even up to two days before Christmas. Supply Chain and Customer Fulfillment Performance On a positive note, this year’s holiday buying period did not include reports of major inventory shortages or supply chain snafu’s. All rights reserved.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Supply Chain Matters

JANUARY 18, 2024

Added Perspectives As noted in prior commentary, this year’s holiday buying period did not include reports of major inventory shortages or supply chain snafu’s. The post NRF Report of 2023 Holiday Sales- On Target to Forecast first appeared on The Ferrari Consulting and Research Group / Supply Chain Management. All rights reserved.

Forecasting 52

Forecasting Procurement Analytics Report Retail 52

Supply Chain Matters

NOVEMBER 6, 2023

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The headline PMI of this grouping for October was unchanged at a value of 49.6. percent in 2024.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Vinculum

JANUARY 30, 2024

To succeed as a D2C brand in 2024, brands must: ● Build Omnichannel capabilities : Increasingly, a customer demands seamless interactions in all the channels they shop and return goods. The post D2C Trends for Growth in 2024 appeared first on Vinculum Group.

Optimal Sourcing 52

Optimal Sourcing Trends Procurement Analytics Sourcing Strategies 52

Logistics Viewpoints

AUGUST 19, 2022

Grocery trade group prepares for 2023 launch of stricter food tracing regulations. billion in inventory that “if we could just wave a magic wand, we’d make it go away today,” said chief financial officer John David Rainey. Walmart estimates that inventory is still 15 percent above optimal levels. Walmart’s supply chain woes.

Logistics Network Optimization Software 198

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 198

Supply Chain Matters

JUNE 8, 2023

After revising both previously reported Q4-2022 and Q1-2024 GDP data, the European statistics agency Eurostat reported today that the combined 20-nation GDP for euro sector fell at annualized rate 0.4 © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

Ireland 52

Ireland Lithuania Pharmaceutical Malta 52

Supply Chain Matters

SEPTEMBER 6, 2022

According to this report, citing industry research firm B raemar , global ocean container fleet size is forecasted to grow 9 percent in 2023 and 2024 , while container volume growth will moderate in 2023 and rise slightly in 2024. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Report 52

Report Global Scenario Planning Forecasting 52

Cathy Roberson

NOVEMBER 10, 2023

So, we're taking the necessary steps to position our portfolio for continued share growth, exiting the year with momentum for our brands and ensuring our inventory health is back to historical norms. We think that's a consequence of inventory levels generally normalizing and how many of our customers are approaching the holiday season.

Price Reduction 76

Price Reduction Inventory Reduction Reverse Logistics Retail 76

BlueYonder

MARCH 28, 2024

Trust that the demand planners will have their promises fulfilled so that assortment planners will have their promises fulfilled so that inventory will have their promises fulfilled, and so on. In 2024 and beyond, there is little doubt that the “advanced technology” described here will include AI-driven solutions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Optimization Inventory Reduction 52

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As Burt Flickinger, Retail Expert and Managing Director at retail consultancy Strategic Resource Group shared with CNN , “For every dollar in sales, a retailer’s net profit is between a cent to five cents.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Matters

DECEMBER 4, 2023

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Vinculum

JANUARY 30, 2024

To succeed as a D2C brand in 2024, brands must: ● Build Omnichannel capabilities : Increasingly, a customer demands seamless interactions in all the channels they shop and return goods. The post 8 D2C trends for growth in 2024 and beyond appeared first on Vinculum Group.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Sourcing Strategies Trends 52

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Majid Al Futtaim Group, an Emirati holding company and a leading business conglomerate in the UAE, skilled and redeployed close to 1000 staff members working across various functions. Predictive analytics will empower them to leverage data and make informed decisions related to inventory requirements, warehouse space optimisation and usage.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 130

QAD

MARCH 14, 2024

Episode #47: 2023 Playback | Auto Supply Chain Prophets Podcast Summary As I sit down to write this, I’m struck by how quickly 2024 is flying by! Coming into 2024 was particularly exciting for me because we’re now in the third year of our podcast (52 episodes!) Click here to listen to the full episode.

Agile and Lean Supply Chain 79

Agile and Lean Supply Chain Supply Chain Software Vendor Strategies Supply Chain Strategy 79

Supply Chain Matters

MARCH 27, 2024

A spokesperson for ASR Group , operators of the refinery, indicated to The Wall Street Journal that if the port is blocked for an extended period, the company can tap supplies of sugar at the company’s other U.S. Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Baltimore 52

Baltimore Supply Chain Design Software Supply Chain Design Supply Chain Software 52

Supply Chain Matters

JUNE 15, 2023

Earlier this month, the company broke ground for a $65 million expansion of the existing manufacturing facility located in Skowhegan, Maine , which will double the capacity of this facility by the end of 2024. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52