crisp

APRIL 25, 2024

And what’s in store for 2024? But challenges remain, and brands say reducing costs and maximizing efficiency across their enterprise is still a priority. 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.

Demand Planning Software 52

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

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

JUNE 14, 2024

The May report indicated that the Transportation Price index increased 13.7 The latest monthly global Container Market Forecaster issued by the Container Xchange indicated that in May, container prices surged 45 percent across China. The average price for a 40-foot container reportedly skyrocketed from $2,240 in April to $3,250 in May.

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Price Reduction 52

Supply Chain Matters

JUNE 4, 2024

Supply Chain Matters provides readers and clients with a further installment in our global supply chain assessment series in providing highlights on reported May 2024 global PMI activity levels. The May slowdown was attributed to a severe heat wave resulting in reduced working hours. Although the May reading of 57.5

Manufacturing Procurement 59

Manufacturing Procurement Optimal Sourcing Manufacturing Global 59

ToolsGroup

OCTOBER 3, 2022

Yet 50% of these same executives are reducing headcount. Hiring Halts and Reductions. 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.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. Orders are in fact falling faster than factories are cutting output, suggesting firms will need to continue scaling back their production volumes into the near future.” The inventories index decreased 2.1

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

ToolsGroup

FEBRUARY 7, 2022

Data source: eMarketer. or the ability to order groceries while waiting at the doctor’s office, MCommerce sales are expected to exceed 400 billion US dollars in 2024. Brands must begin to wrap their heads around these immersive virtual spaces and plan their corporate metaverse strategy or run the risk of falling behind.”

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ThroughPut

MARCH 28, 2024

Whether it is optimizing supply chains to reduce waste or adopting smart agriculture practices to improve yield, AI impacts efficiency, personalization and sustainability. billion in 2024. As per a recent study, AI can help reduce production costs by almost 20% in the agriculture sector! billion by 2029. billion by 2029.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. As a retailer, you must plan a customer-centric returns strategy in order to build client trust and prevent negative reviews on social media, websites, and other channels where customers interact. Returns do more than drive growth.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Matters

MAY 22, 2023

According to the April report commentary , the industry remains hopeful in new signs indicating that retailers and manufacturers are getting closer to working off the overall glut of inventories that resulted in 2022. The industry will likely not know the answer until 2024. The April report commentary took note that European and U.S.

Negotiating Skills 52

Negotiating Skills Inventory Reduction Cost Reduction Strategies Price Reduction 52

EazyStock

APRIL 18, 2023

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. In this blog, we focus on how supply chain and inventory management professionals can mitigate the impact of high inflation and interest rates. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Inventory Reduction 52

Supply Chain Matters

MAY 3, 2024

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported April 2024 global PMI activity levels. Input cost and output price inflation reportedly accelerated. Morgan Global Manufacturing PMI® declined in April. The April reading of 50.3

Manufacturing Procurement 52

Manufacturing Procurement Global Purchasing Skills Supply Chain Strategy 52

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

QAD

MAY 23, 2023

Ninety percent of companies have an ESG strategy in place and chances are good yours does, too – or will very soon. With statistics like these, it’s clear that ethical sourcing isn’t just important from a legislative and trade compliance perspective, but is simply the right thing to do.

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

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

JANUARY 8, 2024

Manufacturing job losses were reportedly registered for the fourth consecutive month in December, with cuts noted in China , the Euro area , the U.S. That remains a troubling indicator for added supply chain momentum into the first half of 2024. The pivotal turning point in the inventory cycle is a key factor for initiating a recovery.

Manufacturing Procurement 52

Manufacturing Procurement Global Procurement Analytics Myanmar 52

Supply Chain Matters

MAY 17, 2024

In the recent quarter, inventory levels reportedly decreased $1.6 percent in inventory declines on an annual basis reported in the final quarter of the last fiscal year. Executives additionally indicated that one-third of the quarter’s revenue growth was derived from new sources of non-retail business such as advertising and data.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Inventory Reduction New Jersey 52

Resilinc

JULY 26, 2022

On the other hand, the continuing challenges with semiconductor supplies has been good for Samsung, TSMC, and other major chip players who are leveraging their positions to support pricing and expand their presence in key areas of the semiconductor value chain. According to Gartner , worldwide PC shipments declined in Q2 by 12.6%

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

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 pharmaceutical companies cutting back on production. percent in Q1 , having further declined in Q4-2022 after new revisions.

Ireland 52

Ireland Lithuania Pharmaceutical Malta 52

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

Supply Chain Matters

APRIL 30, 2024

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

Inventory Reduction 52

Inventory Reduction Price Reduction Vendor Strategies Cost Reduction Strategies 52

Supply Chain Matters

OCTOBER 6, 2023

Morgan Global Manufacturing PMI®, compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of weaker intakes of new orders leading to reduced production output. Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter.

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

Resilinc

AUGUST 30, 2023

The current situation in the Panama Canal has already caused China-US spot shipping prices to rise by as much as 36%. The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes. These aren’t the only countries that have been impacted, though.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Alternative Fulfillment Strategies Will Be Key.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Unleashed

MAY 28, 2024

To help you on your discovery journey, we’ve curated this list of the best manufacturing software based on functionality, application, reputation, and price – along with numerous nice-to-have features. It should provide a positive return on investment by improving productivity and reducing production costs. mo per user, Pro $15.99/mo

Manufacturing Procurement 52

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Design Software 52

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

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 average price of sensors has fallen from US$1.30 IoT Evolution. Inside and Out. Driving Revenue.

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

Intelligent Audit

NOVEMBER 22, 2022

Recent inventory corrections have caused carrier volumes to stagnate, frustrating carriers and highlighting hopes for volume normaliza t ion in 2023. While demand remains high, the lack of volume points to a troubling lack of peak season increases for an air cargo industry already struggling with volatile fuel prices. inflation, the 7.9%

Turkey 52

Turkey Supply Chain Design Software Optimal Sourcing Price Reduction 52

Supply Chain Matters

FEBRUARY 20, 2024

The theme is a corporate culture that was once reflective of an engineering and product quality driven leadership to that of a financial and investment community culture of driving up share price and investor returns regardless of process control, pandemic or building supply network challenges. All rights reserved.

Supply Chain Network Software 52

Supply Chain Network Software System Sourcing Strategies Resource Reduction 52

Proxima

AUGUST 3, 2020

However, anything that touches automation comes with a large price tag. billion by 2024. They need to understand what that data looks like and what investments are needed alongside the business strategy.”. Smart organizations are already working to reshape short-term and long-term strategies for the returns market.

Supply Chain Software 52

Supply Chain Software Supply Chain Planning Software Sourcing Strategies Supply Chain Strategy 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. Time is necessary to make the checkout process simple and easy to go to eliminate the customer’s risk.

Trends 52

Trends Modeling Software Optimization Software Optimal Sourcing 52

Supply Chain Matters

APRIL 14, 2023

Judging from this column’s updates since the start of this year, supply chain management technology is still garnering investment interest in Series A and Series B levels but our sources indicate that investment cycles are far more lengthy and rigorous, with an added focus toward time to profitability. while securing a $5.4

Supply Chain Design Software 52

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

Supply Chain Matters

MARCH 5, 2024

Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. The February 2024 reading of 50.3 We view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks. and has increased 1.4

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

ThroughPut

MAY 30, 2024

Material Requirements Planning (MRP) is a critical tool for manufacturers to effectively manage production scheduling, inventory control, and supply chain planning. Material Requirements Planning (MRP) is a computerized inventory management system that improves business productivity.

Material Savings 52

Material Savings Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement 52

ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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.

Supply Chain Planning Software 98

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

Supply Chain Matters

FEBRUARY 14, 2024

The flexis capabilities are marketed to manufacturers seeking the ability to more flexibly schedule and sequence customer orders on production assembly lines, along with integrating with existing customer order systems for optimizing production dates based on inventory availability, production sequencing needs and transportation schedules.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 52