Supply Chain Matters

JUNE 15, 2023

Athletic and leisure footwear manufacturer New Balance has advanced plans to build the company’s sixth footwear manufacturing facility within the United States. Commenting on the Skowhegan facility expansion, Joe Preston, New Balance President indicated: “ Manufacturing has always been at the core of our company culture.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52

ThroughPut

MAY 3, 2024

As we step into 2024, the world of logistics isn’t what it used to be. From a manufacturing perspective, the best logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. We’ve all been witness to this! Logistics has, however, come a long way.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Supply Chain Planning Software Prescriptive Analytics Software 52

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 Understanding the right approach to survival in this industry in 2024 might be the best abundance now. 7 pointers that can help your business survive in 2024 and beyond 1.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 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

QAD

MAY 23, 2023

The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

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. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

Predictive Analytics Software 246

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

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

FEBRUARY 20, 2024

It involves and weights operational excellence and process discipline and a corporate culture focused on producing each aircraft with the utmost quality and efficiency. Consistent Themes Common themes reflect aircraft quality deficiencies that now reportedly involve multiple other areas of produced 737 and other Boeing produced aircraft.

Supply Chain Network Software 52

Supply Chain Network Software System Sourcing Strategies Resource Reduction 52

ThroughPut

JANUARY 4, 2024

Embark on an enlightening expedition into manufacturing process enhancement, where the thin line between triumph and defeat often hinges on a singular juncture within the production sequence. This guide will take you on a journey through the fascinating and sometimes frustrating world of bottlenecks in manufacturing.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction Strategies 52

Unleashed

OCTOBER 25, 2021

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. For beverage manufacturers the question is: How do these trends translate into business opportunities? This is where our inventory software really comes into its own.

Beverage 98

Beverage Manufacturing Procurement Manufacturing Forecasting Software 98

Unleashed

MAY 19, 2020

billion by 2024, according to Business Wire. Leveraging the best manufacturing Enterprise Resource Planning (ERP) software, maximising productive efficiency, and accessing management expertise early , are the strategies that will set the best apart. Craft brewing is projected to be a US$107 billion industry by 2024. Production.

Supply Chain Planning Software 98

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

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. Let’s see the most common trends in 2024. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts.

Optimal Sourcing 57

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

Enterra Insights

JULY 22, 2020

between 2019 to 2024, more than doubling in size. Data : “The effectiveness of every predictive model strongly depends on the quality of the historical data which it processes.” What’s also important is to have lots of high-quality data, as this increases the probability of an accurate forecast.”

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Supply Chain Planning Software 100

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

Proxima

AUGUST 3, 2020

Next, strategic quality control and business recovery efforts were put into action – but not without some unparalleled challenges along the way. billion by 2024. Lockdowns have given a new edge to e-commerce as returns for online purchases tend to be three-fold compared to in-store purchases. Growth of automation.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 52

EazyStock

AUGUST 8, 2023

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. In 2024, this will be from February 9-15. Manufacturers will stop production for at least two weeks to allow their workers to go home to their families in other parts of the country and then travel back again.

Inventory Reduction 52

Inventory Reduction Resource Reduction Forecasting Scenario Planning 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

A survey conducted earlier this year by IDC Manufacturing Insights across Asia Pacific manufacturers found that organisations are currently focusing ESG efforts related to environmental sustainability on the following (1) : Energy efficiency requirements of products and operations. Reduction in waste and driving cost efficiencies.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

Vinculum

NOVEMBER 10, 2021

The digital platform has made purchasing easy for the customer. As per the e-market report, digital sales around 6 trillion dollars USD by 2024. The manufacturer is more inclined to support a direct-to-consumer business model to gain momentum from the market. There is a change in the shopping pattern to attract customers.

Inventory Reduction 52

Inventory Reduction Manufacturing Procurement Modeling Software Inventory Management Software 52

Unleashed

MARCH 25, 2024

Consolidation warehousing is a strategy that allows your business to reduce transportation costs and improve customer service by combining shipments from various sources into a single truckload. Private consolidation warehouses are owned and managed by the business that uses them, such as a retailer or a manufacturer.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

OptiProERP

SEPTEMBER 10, 2021

billion by 2024.” If you have decided to invest in ERP software, understanding ERP modules is important to make the right purchase. Each module is integrated into the system to ensure a single source of accurate data in the organization. Procurement. Manufacturing. Inventory Management . Procurement.

Manufacturing Procurement 96

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 96

Enterra Insights

AUGUST 20, 2020

Peter Fretty ( @pfretty ) writes, “Properly leveraged, artificial intelligence (AI) has the potential to empower manufacturers with data-based insights specific to their individualized operations. ” In spite of the perceived benefits, the study also found, “Many manufacturers remain ‘behind the curve’. ”[3].

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software Supply Chain Software 150

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. ACCURATE INVENTORY MANAGEMENT. Accurate inventory management can ensure the right flow of items in and out of a warehouse. WAREHOUSE EFFICIENCY.

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

Here we get inside the NoLo industry boom – from what’s behind it, to how brewers and beverage manufacturers are taking advantage of it, to what the future looks like. beer & wine) that traditionally include alcohol, but are manufactured so that alcohol is either eliminated or reduced significantly. What is NoLo alcohol?

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

Unleashed

JULY 5, 2022

There has been a squeeze on transport and a shortage of glass bottles , in particular, meaning manufacturers have had to search for other options to package and deliver their products around the globe. Craft distillers are meeting the trend for products which are high-quality, sustainable, and ‘on brand’ for the younger generations.

Trends 97

Trends Industrial Industry Manufacturing Procurement 97

Enterra Insights

FEBRUARY 28, 2018

”[6] If the prediction of 70% of consumers shopping online by 2024 strikes you as optimistic, consider the fact that as far back as 2014 “online grocery shopping studies found that one-third of primary grocery shoppers had bought groceries online … and this trend was extending across all age groups.”[7]. ”[7].

Manufacturing Procurement 100

Manufacturing Procurement Predictive Analytics Software Procurement Analytics Omnichannel 100

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. Also Read: Why Inventory Accuracy Matters ».

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. Also Read: Why Inventory Accuracy Matters ».

Supply Chain Software 52

Supply Chain Software Warehousing Inventory Reduction Resource Reduction 52

Logility

JANUARY 26, 2024

Enter our list of supply chain trends for 2024. Even those in the early stages of adoption can leverage its strategic advantages, making 2024 a pivotal year for transforming supply chain execution. The same holds for the supply chain organization.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Enterra Insights

JANUARY 7, 2020

Simon Ellis, Vice President of IDC Manufacturing Insights, observes, “The supply chain continues to undergo almost unparalleled levels of change. The older measures — productivity, quality and service — still apply, but we now see digital transformation poised to change everything. ”[1]. ” 5. . Prediction 1.

Predictive Analytics Software 100

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Supply Chain Software 100

Unleashed

SEPTEMBER 30, 2020

over the past five years thanks to the shift towards premium beers and a growing emphasis on quality. Liquor wholesalers buy beer, wine, spirits and other alcoholic drinks from manufacturers, and sell them to pubs, bars, supermarkets and other liquor retailers. grew their brewery using inventory management software.

Price Reduction 104

Price Reduction Inventory Reduction Cost Reduction Strategies Expense Reduction 104