Unleashed

MARCH 19, 2024

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. This will help you slash your inventory and storage costs in one fell swoop. Optimise your reorder points. Lease big ticket items. Here’s what he had to say.

Supply Chain Planning Software 52

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

OptiProERP

NOVEMBER 22, 2023

With 2024 on the horizon, more manufacturers are adopting smart manufacturing technology. Examples of intelligent factories include on-demand manufacturing and virtual inventories. Through these technologies and process enhancements, manufacturers can anticipate a new scale of innovation in 2024.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Software Material Savings Analytics Software 52

Logistics Viewpoints

FEBRUARY 2, 2024

She also said the company planned to ask workers to return to the office five days a week in 2024. percent drop in annual sales, UPS forecast a 2024 upswing of as little as 1.1 Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. percent in early U.S.

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

Logistics Viewpoints

JANUARY 10, 2024

Just last week, my colleague Clint Reiser wrote an article about the top logistics and supply chain conferences to attend in 2024. This survey-based research gathers quantitative data as well as information on practices or performance drivers. We look forward to seeing what the top logistics stories will be for 2024 and beyond.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Predictive Analytics Software 245

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 output index from the PMI survey dipped 0.9 down from the 49.2 value reported for September. in October.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Cathy Roberson

NOVEMBER 10, 2023

According to a PWC survey , 75% of consumers are looking for deals as part of their effort to counteract price increases. 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.

Price Reduction 76

Price Reduction Inventory Reduction Reverse Logistics Retail 76

Stord

JANUARY 21, 2020

Wednesday, January 22, 2020 AI Investment Reported to Reduce Supply Chain Costs A survey conducted by McKinsey and Company reported that 61% of survey respondents saw a reduction in supply chain planning costs as a result of using artificial intelligence. billion between 2020 and 2024, driven by companies’ cost-cutting initiatives.

Inventory Reduction 78

Inventory Reduction Cost Reduction Strategies Warehousing Supply Chain Planning Software 78

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 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

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. A 2023 Deloitte survey of U.S. The thing is, it’s hard to foster trust when things fall through the cracks.

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. According to a survey conducted by the National Retail Federation (NRF) and Appriss Retail, retail returns increased to more than 16%, against 10.6% The Latest Trends in Retail Returns. Retail returns are on the rise.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

The Logistics & Supply Chain Management Society

JANUARY 3, 2023

Furthermore, using qualitative and quantitative forecasting to manage product inventory and distribution enables the wider operations of the business and results in improved customer experience. The dynamic logistics model must incorporate all areas of the business including warehouse management, inventory, storage and last-mile delivery.

Supply Chain Software 130

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

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 52

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 52

Supply Chain Game Changer

JANUARY 7, 2021

A survey by Gartner confirms the context. The survey found that over 75% of supply chain management had concerns with the governance of digitization. With the advent of 2021, AI unveils new avenues for revolutionizing SCM across automation, planning, logistics, inventory, fleet & freight. Artificial Intelligence (AI).

Inventory Reduction 84

Inventory Reduction Vendor Strategies Cost Reduction Strategies Supply Chain Strategy 84

ToolsGroup

OCTOBER 3, 2022

For example, according to a recent PwC survey, acquiring and maintaining talent is one of the top two risks for business executives. 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.”

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Matters

OCTOBER 6, 2023

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. The report authors especially cited new order declines and: “ at a pace that has rarely been surpassed since the survey began in 1997.” companies according to new survey data from the U.S.-China

Manufacturing Procurement 59

Manufacturing Procurement Global Optimal Sourcing United Kingdom 59

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. Nevertheless, two thirds added that less than 1% of their 2024 budget would be spent on the new technology.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software Sourcing Strategies 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

Enterra Insights

FEBRUARY 7, 2022

However, a recent survey of retailers and CPG companies indicates that many feel the need to allocate more than twice the average resources required to increase their supply chain’s flexibility.” Automating processes for improved inventory turnovers. Incorporating customer feedback to adapt to their needs.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Analytics Software Inventory Management Software 130

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

Cathy Roberson

MAY 19, 2021

To me, this technology tool has always been a no-brainer and I’ve always been surprised by survey results showing low adoption rates. As shippers move past COVID-19 related closures, inventory replenishment has become a focus. To satisfy inventory needs, demand for imports has been on the rise since June of last year.

Modeling 64

Modeling Capacity Supply Chain Planning Software Transportation 64

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

Supply Chain Matters

SEPTEMBER 6, 2023

The overall pace of decline in overall new business was noted by the report authors as the steepest since January and have led Taiwanese manufacturers to lower their purchasing activities, drawdown inventory levels and continued staff level reductions. The inventories index decreased 2.1 Continued Contraction Levels for the U.S.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

ToolsGroup

FEBRUARY 7, 2022

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. Maximizing sales with this method requires accurate modeling of demand to ensure you have enough inventory to ship to stores. Social Selling. Livestreaming. Using Promotions to Shape Demand.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Vanguard Software

MARCH 19, 2021

billion by 2024. AI provides the supply chain with contextual intelligence, which reduces operating costs and helps to manage inventory.”. According to an MIH survey, predictive analytics is expected to reach an adoption rate of 87% over the next five years. Scenario Planning During COVID-19. Download Brochure.

Supply Chain Planning Software 52

Supply Chain Planning Software Vendor Strategies Supply Chain Software Resource Reduction 52

Supply Chain Matters

JULY 18, 2023

based companies had indicated in survey data and in concerted actions that termed China Plus sourcing strategies that either explored alternative, nearshoring, or reshoring efforts were being undertaken. The reduction in component level dependency for Dell was, according to Nikkei reporting, expected to take until the end of 2024 to complete.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

QAD

MAY 23, 2023

In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations. Compliance appears to be a significantly larger driver for sustainable procurement than ethics or consumer demand.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Locus Robotics

FEBRUARY 12, 2024

Home February 12, 2024 Overcome Retail Warehouse Automation Anxiety with Robots Mary Hart , Senior Content Marketing Manager “We’re thinking of adding robotics to our retail warehouse, but I’m worried about the change. With AMRs, you can easily scale up your fleet to meet seasonal spikes or inventory swells. How will my team react?

Warehousing 52

Warehousing Retail Analytics Software Predictive Analytics 52

Locus Robotics

FEBRUARY 12, 2024

Home February 12, 2024 Overcome Retail Warehouse Automation Anxiety with Robots Mary Hart , Senior Content Marketing Manager “We’re thinking of adding robotics to our retail warehouse, but I’m worried about the change. With AMRs, you can easily scale up your fleet to meet seasonal spikes or inventory swells. How will my team react?

Warehousing 52

Warehousing Retail Analytics Software Predictive Analytics 52

American Global Logistics

JULY 19, 2023

Inflation has been gradually improving, but it may take until late 2024 to reach the target of 2%. Specifically, it is a bi-monthly measure of activity, as measured by a survey of supply chain professionals.” This decline resulted from reduced inventory levels and increased inventory costs.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Price Reduction Predictive Analytics Software New York 52

Vinculum

JULY 18, 2022

of the total e-commerce business by 2024. According to a survey conducted by Worldpay, digital wallets got around 49% of the e-commerce transactions globally in 2021and credit cards transaction are approximately 21% of the market share the following year. According to a report, mobile commerce will grow to 42.9%

Trends 52

Trends Modeling Software Optimization Software Optimal Sourcing 52

Locus Robotics

JANUARY 12, 2024

Home January 12, 2024 Help Wanted: How Robots Ease 3PL Labor Pains Mary Hart , Senior Content Marketing Manager The warehousing life isn’t easy. For example, AMRs can handle point-to-point (P2P) transport tasks, carrying picked items or inventory to restock or replenish around your facility.

3PL 52

3PL Warehousing Optimization Software Price Mitigation Strategies 52

RFgen

SEPTEMBER 1, 2021

Zebra Technologies has released its latest Warehousing Vision Study, a survey of 1,403 IT and operational decision makers. The study highlights three surprising findings: delivery as a top driver for growth, continued labor challenges despite warehouse expansion, and a lack of inventory tracking.

Warehousing 71

Warehousing Study Inventory Reduction Material Savings 71

Enterra Insights

APRIL 4, 2024

” Correspondent Gabrielle Fonrouge reports that a survey conducted by Riskified mirrors NRF estimates of losses resulting from fraudulent returns. Once items are back in inventory, a common mistake is to list second-hand items on a single online marketplace at one set price. ” The Wall Street Journal, 10 January 2024. [3]

Price Reduction 100

Price Reduction Supply Chain Strategy Cost Reduction Strategies Inventory Reduction 100

RFgen

SEPTEMBER 1, 2021

Zebra Technologies has released its latest Warehousing Vision Study, a survey of 1,403 IT and operational decision makers. The study highlights three surprising findings: delivery as a top driver for growth, continued labor challenges despite warehouse expansion, and a lack of inventory tracking.

Warehousing 52

Warehousing Study Inventory Reduction Material Savings 52

Unleashed

SEPTEMBER 17, 2022

Companies will need to meet obligations under the CSRD by 2024. Once you’ve settled into a rhythm of business guidance – and perhaps helped your client move on to some necessary business software tools such as cloud accounting or inventory management – you may well be looking for a further dimension to the guidance you offer.

Sustainability 90

Sustainability Procurement Analytics Report Purchasing Skills 90

Logistics Viewpoints

APRIL 29, 2022

Amazon announces new changes to inventory limits. Amazon is making more changes to its inventory limits, including a new extra-large category and an increased price threshold for its small and light program. 1, 2024, and internal combustion engine vehicles must be removed from the California fleet by Jan.

Logistics Network Optimization Software 181

Logistics Network Optimization Software New York City Logistics Inventory Reduction 181