Unleashed

MARCH 19, 2024

The UK government announced the additional funding for the Green Industries Growth Accelerator (GIGA), bringing the total to almost £1.1bn. Avoid having too much capital tied up in inventory; use stock optimisation software to set optimal min and max levels based on historical data and sales trends. Optimise your reorder points.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Purchasing Skills 52

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

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

Enterra Insights

APRIL 2, 2024

This trend has represented significant financial loss for retailers, with average annual loss from this source alone exceeding $102,000 for a typical grocery store with 12 self-checkout lanes.”[3] ”[3] All retailers, not just grocers, are suffering from inventory losses. And 96% of retailers surveyed offer self-checkout.”

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

Supply Chain Matters

MARCH 28, 2024

The Supply Chain Matters blog provides an updated news capsule follow-up relative to supply chain management and industry developments that we have shared previously on this blog. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. This week, the U.S. All rights reserved.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Procurement Analytics Supply and Demand 52

ThroughPut

MARCH 25, 2024

Demand forecasting is a critical component of supply chain management, especially in the complex and unpredictable market landscape of 2024. Accurate forecasts are essential for maintaining inventory balance, ensuring customer satisfaction, and achieving financial stability. The main benefits of accurate demand forecasts are: 1.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

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. percent, down from the January estimate of 2.7 China is now forecasted to grow 5.6 percent in 2022.

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 307

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

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

ThroughPut

MARCH 28, 2024

Integrating Artificial Intelligence (AI) within different segments of the Food Industry, including transportation and logistics, production planning, quality control, and others has kicked off revolutionary transformations. The market size of AI in the food industry , including the beverages sector is set to cross USD 9.68

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

crisp

APRIL 25, 2024

And what’s in store for 2024? Like many of his peers, General Mills CEO Jeff Harmening noted inflation is stabilizing, supply chain disruptions are dissipating, and consumer confidence is improving thanks to wage growth and a strong labor market – all of which is good for the CPG industry. How did 2023 look from the CPG C-suite?

Demand Planning Software 52

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

BlueYonder

APRIL 23, 2024

Although trends like omni-channel ordering, automated inventory management, real-time order visibility, and same-day delivery bloomed in an era when most customers were spending most of the day at home, the demand for these trends has not diminished. That shortage of workers is not likely to ease dramatically in 2024,” warns the NRF.

Sourcing Strategies 85

Sourcing Strategies Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain 85

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

MARCH 6, 2024

Our perspective was that both of such niche market segment start-up players would be able to financially sustain themselves if industry demand for respective products were robust and that supporting supply chain and production strategies were well managed. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024.

Sourcing Strategies 52

Sourcing Strategies Austria Supply Chain Planning Software Manufacturing Procurement 52

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.

Prescriptive Analytics Software 52

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

Logility

MAY 26, 2022

Key Takeaways: • Supply chain volatility is expected to continue and plague some sectors until 2024. 25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. Then, there’s the issue of surplus inventory. Demand variability has always confounded inventory planning.

Demand Planning Software 173

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

Supply Chain Matters

MAY 22, 2023

freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. The industry consensus right now is that container volumes will decrease upwards of 2.5

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

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. However, the ongoing trend of customers reducing inventory may mean that earnings will not significantly recover.

Electronics 52

Electronics Optimal Sourcing Modeling South Korea 52

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

SCMDOJO

APRIL 15, 2024

With a wide array of products stored in its fulfillment centers, Amazon can consolidate orders and optimize its inventory management systems. Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range.

Logistics Network Optimization Software 79

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

BlueYonder

JANUARY 29, 2024

Gartner, Market Guide for Distributed Order Management Systems, Davison Schopmeyer, Tom Enright, 9 January 2024 Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation.

Gartner 83

Gartner Optimal Sourcing Distribution Supply Chain Design Software 83

C3 Solutions

JULY 28, 2020

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. The benefits of having real-time visibility into on-hand and in-transit inventory is obvious. IoT Evolution.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” Source: Bloomberg.com. million existing employees, for the industry to thrive. The UK hit a record high of 1.3

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. According to a report by Incisiv’s State of the Industry Report on Retail Returns, retailers can save up to $ 125 billion each year by focusing on reducing returns. Returns do more than drive growth. According to the U.S.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

Resilinc

OCTOBER 2, 2023

While companies do have some excess inventory available, the automotive supply chain is experiencing layoffs, furloughs, auto parts shortages, and idling operations. Labor disruptions, including strikes, are one of the top 5 disruptions impacting the automotive industry this year—and on the list of megatrends for 2024.

Automotive 75

Automotive Negotiate Pricing Negotiating Skills Supply Chain Planning 75

Cognira

MARCH 26, 2024

Discover the Leading Retail Media Networks Of 2024 March 26, 2024 Promotions With the rise of online shopping, brands are seeking innovative strategies to captivate the attention of consumers navigating the digital marketplace. What are the top performing RMNs in 2024 and their innovative features? Table of Contents 1.

Supply Chain Network Software 52

Supply Chain Network Software Network Optimization Optimal Sourcing Retail 52

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

Vinculum

JANUARY 30, 2024

According to recent industry reports, the expected addressable market in India is likely to be around $100 billion by 2025.The Another brand, Body Shop, is known for its ethical business practices and sustainable sourcing. The post D2C Trends for Growth in 2024 appeared first on Vinculum Group. trillion by 2025.

Optimal Sourcing 52

Optimal Sourcing Trends Procurement Analytics Sourcing Strategies 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. percent in 2024. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Supply Chain Matters

DECEMBER 4, 2023

The report’s authors indicated that the downturn in global production was primarily centered on the intermediate goods sector which remains not a positive sign for future multi-industry supply network momentum in the weeks to come. Consumer and investment goods producers each observed increases in production. Mixed Indications Involving U.S.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

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

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

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 Industry supply chain management and integrated business planning teams need to be diligent in their planning of resources and global capacity.

Ireland 52

Ireland Lithuania Pharmaceutical Malta 52

Supply Chain Matters

SEPTEMBER 6, 2022

We later highlighted a Bloomberg report indicating that blowback directed at the ocean container shipping industry and its windfall profits was on the rise. Our research arm recently pointed out this transportation trending in a mid-year assessment commentary. This will be good news in stemming supply chain driven inflation trending.

Report 52

Report Global Scenario Planning Forecasting 52

Vinculum

JANUARY 30, 2024

According to recent industry reports, the expected addressable market in India is likely to be around $100 billion by 2025.The Another brand, Body Shop, is known for its ethical business practices and sustainable sourcing. The post 8 D2C trends for growth in 2024 and beyond appeared first on Vinculum Group. trillion by 2025.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Sourcing Strategies Trends 52

Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 57