Remove 2025 Remove Eliminating Excel in Purchasing Remove Sourcing Remove Study
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The Top 15 Retail Trends for 2022

ToolsGroup

Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories.

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Putting the Planet First: Bringing Sustainability To The Last-Mile With Logistics Technology

The Logistics & Supply Chain Management Society

trillion by 2025. Parallelly, expectations around the overall purchasing experience have also grown steeper. A 2021 McKinsey study, that when delivery times are too long, almost half of omnichannel consumers will shop elsewhere. Sales in the e-commerce sector globally, grew to $4.9 trillion in 2021, up from $4.2

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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. We needed to simulate multiple scenarios of significantly increased capacity and sourcing complexity, at speed and over a long planning horizon.

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Is Procurement Drowning in Data?

Supply Chain Game Changer

Would you say that these factors equal a sum that is manageable with excel and homegrown solutions for supplier management? Source: PwC 2019. Buying with trust and transparency, backed by data-driven insights, is a much sounder investment than going with your gut. Source: Deloitte CPO Survey 2018. Of course not.

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Why Omnichannel is Key for Retailers in the Middle East

Locus

According to a study, the e-retail industry in the Gulf Cooperation Council (GCC) region was expected to have a penetration rate of 12.2 percent of offline retail in 2025 before the COVID-19 pandemic. As generations go by, so does the buying behavior of consumers. One such example is the Middle East. percent after the pandemic.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. According to a paper by Len Prokopets and Ramin Tabibzadeh from Archstone Consulting , initial sourcing transactions can yield a 5% savings.

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Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement

Synovos

Better Data for Better Decision-Making Similar findings emerged from the PwC 2022 Digital Procurement Survey , which reported that 77% of companies are now equipped with source-to-pay digital solutions and procurement departments around the world are setting ambitious digitalization objectives for 2025.