Supply Chain Game Changer

SEPTEMBER 5, 2019

“Fish are friends, not food.”. If you’ve never seen the film, treat yourself by watching this clip below, and directly after you finish this blog, do yourself a favor and stream the entire film. Now… Is there something to be learned from this quote in Finding Nemo, that we can apply to procurement and sourcing?

Food 54

Food Negotiating Skills Optimal Sourcing Purchasing Skills 54

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

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Supply Chain Shaman

FEBRUARY 27, 2020

in this blog, I am going to rely on the account of the songwriter, that the song is a childhood story about a dragon that lived in Honalee. How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. Each survey that I do comes back with data as a major challenge.

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Zipline Logistics

DECEMBER 1, 2020

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. Food trends had an interesting 12 months as things changed quite a bit throughout the course of COVID-19. Plant Products Continue Food Trend Prevalence .

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. COVID-19 triggered an unprecedented surge in panic buying of food, beverages, hand sanitizer, toilet paper, and other essentials. COVID-19 exposed vulnerabilities in food supply chains.

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QAD

JULY 7, 2022

The concept of ethical sourcing has risen in popularity during the past four years.” . In April 2022, allegations arose claiming children as young as 10 in Ghana , West Africa were harvesting cocoa beans for food industry giant Mondel?z found that consumers would stop purchasing brands with ethics issues.

Purchasing Skills 98

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Supply Chain Matters

MARCH 25, 2024

Our Supply Chain Matters commentary highlighting NRF’s initial report actual 2023 holiday period sales indicated that core retail sales during the 2023 holiday season rose 3.8 Further observed is that stubborn inflation levels, primarily in the food and grocery sector has caused consumers to continue to be careful with what they purchase.

Forecasting 52

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ThroughPut

MARCH 24, 2024

Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. However, these models have tremendously faltered, when they have not altogether failed because of superior intelligence. The unavailability of raw materials and changing consumer patterns heavily impacted demand.

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Supply and Demand Optimal Sourcing Forecasting Modeling 52

crisp

SEPTEMBER 22, 2023

With Google Marketplace, cloud customers can also easily find and subscribe to data sets from a variety of sources and deliver them seamlessly to their data warehouse. Crisp automatically ingests data from retail portals such as Walmart, Target, Whole Foods, and Amazon, delivering usable sales and inventory data directly into the cloud.

Optimal Sourcing 52

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QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners.

Predictive Analytics 72

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Supply Chain Game Changer

NOVEMBER 22, 2018

Blog post originally published at [link] Permission to publish provided by Theodore T. Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Subscribe Here! Email Address. Landgraf, CEO at Above the Standard ( [link] ).

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

GlobalTranz

MAY 20, 2015

We have talked a great deal about the evaulation of suppliers on our blog and this post continues that great tradition. In fact, we are introducing our newest blog category so you may easily read all supplier quality management type posts here. . 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ).

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Procurement Analytics Metrics Quality Supply Chain Planning Software 120

QAD

JANUARY 19, 2023

E-commerce brands must oversee design, manufacturing, sourcing, warehouse inventory, shipping and delivery. Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. Don’t let anyone fall through the cracks.

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Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 94

Enterra Insights

JANUARY 31, 2023

The Future of Online Grocery Shopping Applebaum reports, “The trajectory of grocery e-commerce sales over the past two years is marked by several peaks and valleys, many of which were driven by factors directly related to the pandemic (vaccination rates, the delta and omicron surges, etc.). growth in 2020. Gender Differences.

Omnichannel 130

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Supply Chain Game Changer

MARCH 6, 2019

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. Responsible Sourcing. Responsible Sourcing.

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Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

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Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Examples are: customer experience metrics, feedback on new product features and pricing, customer satisfaction and loyalty, and competitive intelligence.

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QAD

JANUARY 27, 2021

Pre-commercial life science manufacturers, including medical device manufacturers, biotech companies, and contract manufacturing organizations (CMOs), face infrastructure challenges as they work toward Food and Drug Administration (FDA) approval. Effective Enterprise Management: Real-time analytics across the entire business.

Manufacturing Procurement 98

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Enterra Insights

FEBRUARY 9, 2021

The first company, Nestlé, the world’s largest food company and an Enterra Solutions ® client, announced last December it plans to invest $3.6 It also is increasing the number of ‘carbon neutral’ brands it offers as consumers increasingly value this attribute when they purchase a product.”[6]. ”[6].

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Source: Descartes Datamyne. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. Figure 1: U.S. Somewhat nailed it.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

NC State SCRC

JUNE 24, 2020

I was recently involved in a research discussion with Chris Yukins of George WAshington University’s Law School’s Government Procurement Program, and Thomas Kull from Arizona State University, exploring the impact of the rise of electronic marketplaces in government procurement. GSA will receive a.75

Electronics 45

Electronics Optimal Sourcing Procurement Analytics Purchasing Training 45

Supply Chain Matters

JULY 5, 2022

Plans currently call for Logility to be positioned to target specific industry verticals with a joint continuous network design and planning capability such as food and beverage, consumer durables, distribution and other verticals. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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Supply Chain Matters

SEPTEMBER 8, 2022

Procurement sourcing and tail spend solutions provider Fairmarkit announced the completion of a $35.6 This provider describes itself as an AI- enabled procurement Cloud platform built for the sourcing of lower-dollar, non-strategic purchases, commonly referred to as “ tail spend.” Fairmarkit Announces $35.6

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SYSPRO Smarter ERP

OCTOBER 11, 2021

While this is wrong for manufacturing in general it is especially wrong for process manufacturers – companies that produce food and beverages, paints, chemicals, pharmaceuticals, and cosmetics. This can be different as well as for the purchasing (e.g. grams for dry materials and litres for liquid ingredients). Inventory control.

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Manufacturing Procurement Manufacturing Supply Chain Planning Software Purchasing Skills 119

SCMDOJO

APRIL 15, 2024

In this blog post, we’ll explore how Amazon does it all. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery. Business Solutions: Amazon Business – Marketplace offering tailored products and tools for businesses, including bulk purchasing and business pricing.

Logistics Network Optimization Software 80

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QAD

NOVEMBER 10, 2022

84% of consumers have purchased a sustainable product in the past six months, which is up from 67% in 2021. Consumers of today are getting to the point where they will not purchase a product produced by a company that does not have a formal and demonstrable sustainability footprint.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

BlueYonder

DECEMBER 30, 2019

Once a specialty source for gasoline, cold beverages and prepackaged, shelf-stable foods, now convenience stores have evolved into much more. Today’s busy consumers are relying on convenience stores for a much greater diversity of products, including fresh and prepared foods. Improved Shopper Satisfaction Starts Now.

Meeting 52

Meeting Supply Chain Software Purchasing Skills Procurement Solutions 52

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

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Resilinc

AUGUST 3, 2021

These concepts can be hard to define and measure, and even harder to integrate into procurement. A small food or beverage brand, for example, can rely on suppliers’ certifications that their ingredients are “organic” or “fair trade.” And what consumers say on a survey is often different from what they actually do when shopping.

Sustainability 69

Sustainability Price Reduction Supply Chain Strategy Manufacturing Procurement 69

QAD

SEPTEMBER 22, 2021

This type of software is used by businesses to plan and oversee routine operations, such as supply chain management, manufacturing, services, project management, customer relationship management, risk management, compliance, accounting and procurement. Food & Beverage. Enhanced data collection and reporting.

Case Study 52

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Locus

OCTOBER 21, 2022

retail and food services sales for September 2022 stood at $684.0 To provide consumer experiences for your online shoppers after they make their purchases, click here. Make the best of the revenge festivities elevating the post-purchase consumer experience, Schedule a demo to know more. billion, which was an 8.2% Schedule Demo.

Demand Planning Software 52

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New Horizon Supply Chain Blog

MAY 25, 2022

Supermarkets have been losing “share of stomach” (percent of consumers’ total food expenditures) to restaurants and other foodservice options for decades, as American consumers have opted for the convenience and time-savings of meals prepared outside the home. Source: Data from USDA Economic Research Service Food Expenditure Series.

Distribution 52

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Supply Chain Matters

MAY 3, 2022

The report authors noted that this index, when calculated without the impact of China would have posted a 53.2 The report specifically indicated: “ Average purchase prices rose to one of the greatest extents during the past 11 years, leading to the joint-steepest increase in output charges since the series began in October 2009.”. .

Manufacturing Procurement 52

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Supply Chain Shaman

MARCH 8, 2016

As an analyst in the supply chain market for 15 years, I have written many articles on best-of-breed technology companies purchased by a larger company. Over the last decade the use of Terra Technology’s DS product improved short-term demand forecasts by 37% at 13 consumer products, and food and beverage companies.

Supply Chain Planning Software 150

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ThroughPut

AUGUST 24, 2021

Food & Beverage giants like Kellog’s reported on the state of breakdown in supply chain management. However, these models have tremendously faltered, when they have not altogether failed because of superior intelligence. The unavailability of raw materials and changing consumer patterns heavily impacted demand.

Supply and Demand 52

Supply and Demand Optimal Sourcing Forecasting Modeling 52

BlueYonder

DECEMBER 30, 2019

Once a specialty source for gasoline, cold beverages and prepackaged, shelf-stable foods, now convenience stores have evolved into much more. Today’s busy consumers are relying on convenience stores for a much greater diversity of products, including fresh and prepared foods. Improved Shopper Satisfaction Starts Now.

Meeting 46

Meeting Supply Chain Software Purchasing Skills Procurement Solutions 46

Supply Chain Shaman

SEPTEMBER 27, 2015

This confession comes seven years after selling of contaminated food. The food recall is the largest in US history. …never before has a corporate executive been convicted of federal felony charges in a food safety violation. Food and Drug Administration and the U.S. In 2008-2009, nine died and hundreds became ill.

Pharmaceutical 150

Pharmaceutical Supply and Demand Food Manufacturing Procurement 150