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.

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

American Global Logistics

JANUARY 10, 2024

The old status quo cannot manage these disruptions in the 2024 supply chain. To get ahead of these tectonic shifts, identifying emerging trends will help you navigate the coming 2024 supply chain changes. Supply Chain Management With disruptions likely to persist in 2024, developing supply chain resilience and agility will be crucial.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Modeling Agile and Lean Supply Chain 52

Unleashed

APRIL 2, 2024

million new jobs last year, while the use of AI in restaurants shot up by 31.61% according to data from the 2024 StartUs Food & Beverage Report. Omnichannel retail success takes brand strategy, data-driven thinking, and collaboration according to speakers from the Omnichannel Futures 2024 Conference, says Glynn Davis.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Taulia

MARCH 6, 2024

CFO challenges in 2024: from economic headwinds to global elections Among the numerous challenges for CFOs around the world in 2024, there’s no doubt that macroeconomic factors will continue to loom large. At the same time, most respondents said that working capital was important to their firms’ overall allocation strategy.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software Sourcing Strategies 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

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

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. Software also provides real-time visibility, inventory control, and data analysis for better decision-making.

Material Savings 52

Material Savings Warehousing Inventory Reduction Expense Reduction 52

ToolsGroup

SEPTEMBER 18, 2023

She has a history of lending her considerable experience and unique perspective to pioneering new initiatives, strategies, and methodologies. Read on for her insights on 2024 supply chain trends, innovation, and women in the workplace. What key challenges and trends will affect supply chains going into 2024?

Gartner 296

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

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

American Global Logistics

FEBRUARY 15, 2024

This necessitates adopting robust supply chain risk management strategies to safeguard businesses from potential disruptions and ensure supply chain resilience. Disruptions in transportation infrastructure, such as port congestion and strikes, can cause delays, increase costs, and lead to inventory shortages. Contact us today.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain Planning Software 52

Supply Chain Matters

MARCH 28, 2024

The company’s forecasted outlook for production levels in 2024 was upwards of 9,000 vehicles, and industry watchers indicated that added financing would be needed in order for the luxury auto maker to be able to grow sales and global wide production needs. Workers After securing new ratified labor agreements among three major U.S.

Supply Chain Strategy 52

Supply Chain Strategy Supply Chain Procurement Analytics Supply and Demand 52

OptiProERP

NOVEMBER 14, 2023

While large corporations have been at the forefront of manufacturing sustainability initiatives, in 2024, more small and mid-sized manufacturers are expected to incorporate green initiatives, recognizing that sustainability is essential for their bottom line.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 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

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

crisp

APRIL 25, 2024

And what’s in store for 2024? CPG leaders continue to focus on plans to build greater resilience into their supply chains and business strategies as a hedge against forces such as geopolitical uncertainty and climate volatility. 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

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

ThroughPut

JANUARY 4, 2024

Prominent sources of bottlenecks include: Subpar Maintenance Planning occurs when machinery cannot meet demand due to technical issues or incapacity to function at the needed velocity. Intel’s Solution to the Bottleneck Problem To address this bottleneck, Intel implemented a strategy known as “Copy Exactly!”

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Waste Reduction Cost Reduction Strategies 52

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

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 84

Sourcing Strategies Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain 84

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

SCMDOJO

APRIL 15, 2024

Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy. Amazon’s Virtuous Circle One of the key elements of Amazon’s logistics strategy is what they refer to as the “virtuous circle.”

Logistics Network Optimization Software 79

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

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

Synovos

JULY 24, 2023

This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally. RS is also aspiring to grow this range to 100,000 products globally by 2024/25. For more information, please visit [link]. Interested in our services?

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 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

Supply Chain Matters

APRIL 18, 2024

The report points to the three major hospital group purchasing organizations (GPOs), that control around $250 billion in health purchasing, roughly 90 percent of the market that have locked in sole-source contracts without alternative choices for hospital pharmacy buyers. “ in regions such as China , India or other countries.

Manufacturing Procurement 52

Manufacturing Procurement Pharmaceutical Purchasing Skills Sourcing Strategies 52

ToolsGroup

JUNE 15, 2023

Andrea Fabro, Demand & Operations Planning Manager, illycaffè noted – “Our long-time partnership with ToolsGroup helped us deliver a superior consumer experience, even in the midst of the pandemic, and continues to sustain our high standards for customer satisfaction and efficient inventory management across our network.”

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

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

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. sourcing product development and production strategy. Further noted was that a U.S.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Sourcing Strategies Manufacturing 52

American Global Logistics

FEBRUARY 22, 2024

The VUCA Reality of Global Supply Chains The year 2024 has already thrown its fair share of curveballs at supply chains. Geopolitical instability necessitates diversified sourcing and alternative routes. That creates uncertainty about delivery times and inventory levels. Complexity adds another layer of challenge.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Inventory Reduction 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. According to the U.S.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Vinculum

JANUARY 30, 2024

Another brand, Body Shop, is known for its ethical business practices and sustainable sourcing. 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.

Optimal Sourcing 52

Optimal Sourcing Trends Procurement Analytics Sourcing Strategies 52

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

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 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

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

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

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