Claritum

JULY 5, 2018

Claritum Article - Procurement Blog. An approach to Tail Spend Analytics. Benefits of better Analytics. If you can measure it then you can manage it” This statement is so true in the procurement field. Procurement needs to have real time data on the entire supply chain. Uniforms and Apparel.

Analytics Software 36

Analytics Software Procurement Analytics Predictive Analytics Software Procurement Solutions 36

Supply Chain Shaman

AUGUST 26, 2015

Many organizations will play the shell game of reporting forecast error so that the numbers look better: either calculating the forecast at a higher level in the forecast hierarchy (not at the item level) or reporting the data as a Weighted Mean Absolute Error. This gives supply chain leaders a false sense of security.

Supply and Demand 150

Supply and Demand Forecasting Modeling Forecasting Software 150

Enterra Insights

FEBRUARY 3, 2020

Daphne Howland ( @daphnehowland ) reports any eulogies being written about brick-and-mortar retail’s demise are premature. He asserts, “The outstanding opportunity is $27 trillion remaining in the global retail economy, including things that are fundamentally more complex purchases.” ” Prediction 2.

Predictive Analytics Software 100

Predictive Analytics Software Trends Retail Resource Reduction 100

Supply Chain View from the Field

SEPTEMBER 3, 2015

Some of the recommendations I made to the group are discussed here in this blog, and published in the latest edition of Industrial Biotechnology journal. Effectively, there is no database that permits reliable reporting on the volume of biobased products sold in the US or exported for global consumers.

Manufacturing Procurement 60

Manufacturing Procurement Chemicals Supply Chain Design Software Purchasing Skills 60

Logistics Viewpoints

APRIL 29, 2022

Earth Day roundup: companies announce sustainability goals. Walmart+ costs $98 per year, or $12.95 It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. Canada’s Walmart tries ring scanners.

Logistics Network Optimization Software 182

Logistics Network Optimization Software New York City Logistics Inventory Reduction 182

EC Sourcing Group

NOVEMBER 22, 2022

When a retail company is about to make a big-ticket purchase, they often utilize a request for proposal (RFP), which is sent out to suppliers. Finding reputable suppliers who believe in sustainability can also be a problem. A partner who understands your brand and sustainability goals can also help move your business forward.

Analytics Software 52

Analytics Software Procurement Solutions Retail Comparison 52

Enterra Insights

MARCH 11, 2020

The editorial staff at Digital Information World , reports, “In retail, artificial intelligence is being adopted rapidly — between 2016 and 2018 there was a 600% increase in adoption. Unfortunately, the adoption rate is still relatively low, ranging from 26% for home improvement stores to 33% for apparel and footwear. ”[4].

Supply Chain Software 100

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Retail 100

ToolsGroup

OCTOBER 25, 2022

Since your seasonal products have limited lifecycles, your company’s ability to maximize each SKU’s profitability–while the item is still in demand–can lead to higher margins, more sales, decreased costs, and improved planner productivity. Consider the different purchasing journeys customers take during the holidays. Show me how ?.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Matters

AUGUST 21, 2023

Q3 revenues will include the reported very successful two-day Prime Day shopping promotional held in July. reported a 6.4 The retailer indicated increased market share in groceries as shoppers seek lower costs in food purchasers in the current period. Shoppers reportedly spent upwards of $12 billion during that event.

Pricing Training 52

Pricing Training Purchasing Training Inventory Reduction Expense Reduction 52

NC State SCRC

JULY 28, 2019

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. Labor and human rights is much trickier to monitor through purchasing policies.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Sourcing Strategies Sourcing 40