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7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Philip Morris International’s Pivot to Smoke-Free Products Complicates their Supply Chain

Logistics Viewpoints

The prevalence of smoking is going down, but the world’s population is increasing; the net result is that the forecast for the number of smokers is essentially flat in 2025 as compared to 2010. It was predictable. The project has been so successful, the company is now looking to model other parts of their end-to-end supply chain.

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This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

During a normal Olympics, millions of spectators flock to venues to watch over 300 events unfold over the course of two-plus weeks. New aircraft purchases are focused around twinjets such as the Boeing 767 and 777. As early as 2025, at least 50 percent of new Porsches sold will include an electric drive. Rob Spilman Jr.,

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Rethink Your Packaging Supplies: 3 Everyday Personalization Ideas

AFFLINK

Among other accomplishments, Coca-Cola reported that the campaign garnered 998 million impressions on Twitter, plus 235,000 tweets from 111,000 fans using the #ShareaCoke hashtag. Additionally, throughout the course of the summer, more than 150 million personalized bottles were sold. Appeal to the Human Behind the Purchase.

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Trends 2022: Digital Transformation

Enterra Insights

Companies that adopt this new digital course will be best positioned to take advantage of the coming opportunities.” Norton writes, “Analytics have powered much of the innovation of the last decade. It tells us what happened, explains why it happened, and predicts what will happen in the future. ”[5].

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3D Printing’s Next Revolution

Logistics Viewpoints

More SKUs available from local warehouses could also mean quicker replenishment cycles parts that are purchased infrequently. In an article last year, it was reported that the time it takes to print things has decreased. Further, they believe they can scale to making their process 100 times faster by 2025.

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The Top 15 Omnichannel Retail Trends to Watch in 2022

ToolsGroup

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . Buy online and return in-store (BORIS). Researching products in-store then buying online.