USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Although the industry is multifaceted and varied, encompassing everything from household goods to food & beverage to apparel and more, most arms of the consumer goods industry are facing similar challenges. Economic uncertainty paired with rising costs.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

Jaggaer

JULY 23, 2019

More than virtually any other sector, sourcing and supplier management in the fashion industry have been exposed to intense scrutiny in recent years, while the functions have become of increasingly strategic importance to business success. Supply chains are multi-tiered and therefore difficult to manage.

Manufacturing Procurement 40

Manufacturing Procurement Purchasing Skills Negotiate Pricing Optimal Sourcing 40

Logistics Viewpoints

SEPTEMBER 20, 2022

As a result, a wide range of businesses, from restaurants, and retail chains, to manufacturers, have been redesigning their business services and operations and re-engineering their supply chains. Well, we also know that many legacy systems will not be able to support all these changes quickly and cost-effectively.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 243

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 243

Logistics Viewpoints

OCTOBER 26, 2022

ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.

Supply Chain Software 270

Supply Chain Software Warehousing Supply Chain Design Software Supply Chain Planning Software 270

Supply Chain Shaman

OCTOBER 8, 2019

The number one question that I am asked today by manufacturers across all industries is “How can I improve customer service?” The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Background. Time horizon. Bias and error.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Claritum

OCTOBER 3, 2017

Claritum Article - Procurement Blog. As featured in the ‘ The 10 Most Innovative Procurement Solution Providers ’ article published in the September 2017 Insights Success Magazine , Claritum discuss the drive for a New Wave of Easy-to-use Procurement Products…. A Varied Range of Unparalleled Solutions.

Optimal Sourcing 32

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 32

AB&R

NOVEMBER 20, 2023

The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. In 2020, Walmart tested RFID again in its apparel departments. Additionally, RFID was also relatively new in the supply chain space.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52

Gravity Supply Chain

FEBRUARY 21, 2020

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

Supply Chain Disruption 52

Supply Chain Disruption Optimal Sourcing Manufacturing Procurement Purchasing Skills 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. This will allow you to track certification status, trace products back to their origin, and ensure that materials are legally sourced and ESG-compliant.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. This will allow you to track certification status, trace products back to their origin, and ensure that materials are legally sourced and ESG-compliant.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Logility

AUGUST 25, 2021

NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. ATLANTA (August 25, 2021) American Software, Inc. million compared to $0.8 New Generation Computing, Inc.

Supply Chain Planning Software 130

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

Enterra Insights

SEPTEMBER 16, 2019

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. Jennifer Furey and Rebecca Harris, attorneys at Goulston & Storrs, report, “Millennials are expected to inherit approximately $30 trillion in assets over the next 30 to 40 years. sources of raw materials.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

SCMDOJO

APRIL 15, 2024

Services by Amazon Here are some of the key services offered by Amazon: General public: Amazon.com – an e-commerce platform offering a diverse selection of products such as books, electronics, apparel, and groceries. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

Logistics Network Optimization Software 79

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

NC State SCRC

DECEMBER 15, 2022

In today’s Wall Street Journal , I was interviewed regarding a case that was just filed against Amazon by a large robotics , claiming that the e-commerce giant backed away from promises made early in the Covid-19 pandemic to support the supplier with millions of dollars in new purchases.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

AB&R

APRIL 12, 2022

The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. In 2020, Walmart tested RFID again in its apparel departments. Opportunities for manufacturing. Opportunities for distributing.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52

Resilinc

OCTOBER 12, 2021

Reuters reported that several suppliers to Tesla and Apple suspended production for four to six days because of the crisis. Geopolitical conflict with Australia—source of 10% of China’s coal imports—have contributed to the coal shortage. To meet the surging demand, including early holiday purchases, China’s exports to the U.S.

Pharmaceutical 62

Pharmaceutical Purchasing Skills Supply Chain Planning Software Supply Chain Planning 62

Resilinc

AUGUST 3, 2021

These concepts can be hard to define and measure, and even harder to integrate into procurement. Revelations about forced labor and poor working conditions have also harmed the reputations of several leading apparel brands including H&M and Boohoo. Retailer Uniqlo Co.

Sustainability 69

Sustainability Price Reduction Supply Chain Strategy Manufacturing Procurement 69

ToolsGroup

JUNE 27, 2022

At the back of your supply chain, you’ve got your raw materials being procured. In the middle, you’ve got your manufacturers that take those raw materials and turn them into finished goods. Scoops is a manufacturer that makes batch ice cream and pre-packaged ice cream bars and pints. Essentially, a company buys its customer.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Freightos

DECEMBER 22, 2015

Whether it’s agile sourcing of hoverboards or finding the perfect gift for the person who has everything, technology is fixing the problem for good. Production Freight Receiving Purchasing Retail Logistics Production: Santa’s little helpers. Source: Soar Boards, via Flickr. importers brought in 1.86

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Software Purchasing Skills Agile and Lean Supply Chain 120

Enterra Insights

OCTOBER 22, 2019

consumerism, with millennials aged 25 to 34 dominating that trend, according to a report … from consumer intelligence platform Resonate. adult online population or 77 million people, according to the report. Men and parents with young kids are most likely to be boycotting a product or retailer, according to the report.”

Waste Reduction 100

Waste Reduction Vendor Strategies Price Reduction Material Savings 100

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. Introduction.

Analytics Software 36

Analytics Software Procurement Analytics Predictive Analytics Software Procurement Solutions 36

NC State SCRC

JANUARY 1, 2023

For instance, a large apparel brand requested about 20 of their largest textile mills (many in Pakistan, Singapore, China, and other regions) to travel all the way to San Francisco for a “Vendor Summit”. Walmart will pay more for domestic sources, but will not be burdened with the inventory and purchasing FOB.

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Jaggaer

APRIL 14, 2020

Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online. To further reduce costs, many buyers rely on just one supplier for certain categories of spend.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Supply Chain Shaman

APRIL 7, 2016

I am a manufacturing gal by training. It pains me to see nine out of ten companies are stuck at the critical intersection of cost and inventory turns. Customer sentiment technologies mine the patterns of unstructured text and use new forms of analytics to guide discovery on what matters to the customer. What drives my passion?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150

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

Requis

MAY 22, 2020

He is a consultant to Fortune 500 companies and US federal agencies, and a speaker with focus on the fields of strategic sourcing, supply market intelligence, and supplier development. In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Analytics is key.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Logistics Viewpoints

APRIL 28, 2023

tractor fleet and sourcing 100 percent renewable energy by 2030, according to the press release. Unseasonably cold weather in Spain slowed down the growing of peppers, leading to Morrisons limiting purchases to two per customer. British supermarkets source peppers exclusively from Spain during the winter months. million U.S.

Material Savings 202

Material Savings Purchasing Skills Logistics Network Optimization Software Logistics 202

Logistics Viewpoints

FEBRUARY 11, 2021

At the same time, the Chief Purchasing Officer (CPO) has taken on a pivotal role by securing Personal Protective Equipment (PPE) to protect the workforce and direct materials when primary sources fail. As disruptions become the norm, Supply Chain Planning and Source-to-Pay (S2P) cycles need to be increasingly dynamic and intertwined.

Manufacturing Procurement 230

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 230

Enterra Insights

MAY 20, 2020

As Shea notes, “Between disruptions to manufacturing and supply chains and shifts in consumer behavior and purchase decisions, the retail industry will continue to be hit on both the supply and demand sides.” Matthew Townsend ( @matt_townsend ) reports, “Even with the U.S. Will the business even be in business?

Retail 100

Retail Purchasing Skills Price Reduction Scenario Planning 100

Logichain Solutions

JULY 30, 2018

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network. The Blockchain protocol allows for multi-party tracking of proof of ownership and transfer of ownership in real-time.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 40

Logichain Solutions

JULY 30, 2018

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network. The Blockchain protocol allows for multi-party tracking of proof of ownership and transfer of ownership in real-time.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 40

Logichain Solutions

JULY 30, 2018

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network. The Blockchain protocol allows for multi-party tracking of proof of ownership and transfer of ownership in real-time.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 40

Logichain Solutions

JULY 30, 2018

Big players in the food industry, like Nestlé, Unilever, Walmart, and Dole, use blockchain to trace their products downstream to the original source but also upstream through the distribution network. The Blockchain protocol allows for multi-party tracking of proof of ownership and transfer of ownership in real-time.

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Gartner 40

Supply Chain View from the Field

SEPTEMBER 3, 2015

Effectively, there is no database that permits reliable reporting on the volume of biobased products sold in the US or exported for global consumers. As an example, Chemical Manufacturing (NAICS 325) encompasses a variety of chemical manufacturing codes including petrochemicals (3251), but none for biobased chemicals.

Manufacturing Procurement 60

Manufacturing Procurement Chemicals Supply Chain Design Software Purchasing Skills 60