MIT Supply Chain

FEBRUARY 3, 2022

by David Correll and Ken Cottrill A concept called “just transition” is cropping up in sustainability circles, and if it gains ground, it could become part of corporate pledges akin to those that commit companies to net-zero operations by a certain year. Such an outcome has significant implications for supply chain sustainability.

Sustainability 52

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Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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Logistics Viewpoints

FEBRUARY 9, 2024

In a strange twist, all the parking spaces for private planes in Las Vegas are currently booked, according to the Associated Press. But sometimes, branding has to take a back seat to sustainability. In many of these incidents, homeowners were reported to have mistaken delivery drivers for intruders due to their cars being unmarked.

Logistics Network Optimization Software 214

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Unleashed

JULY 11, 2021

Sustainability is in high demand, but who determines what makes a product sustainable, how it is sustainability measured and what do sustainability certifications and labels mean? Sustainability certifications help consumers identify whether or not a product or manufacturer is sustainable.

Sustainability 98

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Locus

JUNE 3, 2022

These are challenges that will only become more threatening if they are not curbed, paying strict attention to supply chain sustainability. billion metric tons—the emissions have rebounded in 2021 and 2022. Transportation was redirected to be used in providing first aid, leading to supply chain bottlenecks, shortages and price hikes.

Negotiating Skills 52

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crisp

SEPTEMBER 6, 2023

The article demystifies the complexities of scope 3 emissions reporting, offering key tips to stay ahead of regulatory changes and satisfy stakeholder demands. Until recently, reporting scope 3 emissions – which include indirect sources that organizations contribute to – has been optional. In 2010, the U.S. What are scope 3 emissions?

Procurement Analytics 52

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crisp

OCTOBER 3, 2023

Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior. Consumers are undoubtedly becoming more cost-conscious , but how can businesses leverage this shift to their advantage? However, challenges still exist, especially in domestic transportation.

Waste Reduction 52

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Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. What do you mean by last mile delivery costs in logistics? Read also: How to Calculate the Cost of Transport 2.

Cost Reduction Strategies 98

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SCMDOJO

NOVEMBER 2, 2023

Expertise: Sourcing, Supply Chain Analysis, Logistics & Transportation, Logistics Management Consulting, Freight (Maritime, Land, or Air), Logistics Technology Solutions. He graduated from the Cambridge Academy of Transport and the Chilean and German Commerce Institute with a degree in maritime transport, respectively.

Supply Chain Design Software 59

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Unleashed

APRIL 4, 2024

A recent report found that retail firms around the world must deal with a significant dip in post-holiday sales this year, writes PYMNTS. US to award $6 billion in sustainable manufacturing grants. a) Transport, Inventory, Motion, Waiting, Overproduction, Overprocessing, Defects. Christensen. Who’s hiring?

Waste Reduction 52

Waste Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

Enterra Insights

DECEMBER 26, 2022

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Or maybe you just read a book extolling the virtues of minimalism and want to give that lifestyle a swing.”[1] ”[3] The problem facing retailers is that a generous returns policy can cost them a lot of money.

Pricing Training 130

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MIT Supply Chain

NOVEMBER 13, 2023

Common interests My 2014 post noted how the profession has evolved beyond its transportation/ warehousing roots to become a strategic resource. One example is sustainability. Governments are taking steps to shore up national supplies of critical materials while companies are examining where they purchase materials and components.

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The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Stakeholders in key sectors, such as energy, economy, industry, infrastructure, transport, waste, agriculture, and the environment, will update relevant strategies, plans and policies and implement initiatives and projects to achieve net zero by 2050 in line with their needs and growth requirements.

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SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

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ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

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Logistics Viewpoints

JANUARY 4, 2022

Each year in the United States, the return of goods purchased for the holidays usually peaks on one day in early January; the volume is so significant the day has been designated National Returns Day. This year, due to an increased number of e-commerce purchases, retailers and shippers will experience National Returns Week.

Logistics Network Optimization Software 216

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Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

Analysis 52

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Unleashed

MARCH 19, 2024

Learn more in the latest Manufacturing Health Index report. Audit overhead costs such as rent, utilities, insurance, and transport. This will help you slash your inventory and storage costs in one fell swoop. ” Living Things is carbon negative – what does sustainability mean to you? Do you pay for parking?

Supply Chain Planning Software 52

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Supply Chain Shaman

OCTOBER 8, 2019

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Time horizon. Bias and error. Apparel is an example.

Supply Chain Design Software 186

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Precoro

AUGUST 31, 2023

Cost Saving and Cost Avoidance Even though cost saving and cost avoidance are sometimes used interchangeably, it’s not exactly correct. Cost saving is about finding an efficient way to keep the expenses on the books but reduce their monetary value. Let’s see what the difference is here.

Material Savings 105

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Supply Chain Matters

JULY 13, 2022

According to reporting from Bloomberg , the deal provides a literal lifeline to this start-up. Bloomberg reported that the start-up has experienced a number of executive departures since the SPAC merger and had to line up $600 million from a private placement to help continue operations. Talk about deal leverage and control.

Supply Chain Design Software 52

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The Logistics & Supply Chain Management Society

JULY 20, 2020

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. Efficiency and cost management.

Agile and Lean Supply Chain 230

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Supply Chain Matters

JANUARY 8, 2024

Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. With the December 2023 report, global PMI levels have remained below the 50.0 The reported December value of 47.9

Manufacturing Procurement 52

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Supply Chain Matters

OCTOBER 6, 2023

Supply Chain Matters provides highlights and added insights on reported September and Q3 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The reported September PMI reported value 49.1 reflecting a 0.4

Manufacturing Procurement 59

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ThroughPut

DECEMBER 4, 2022

A report by Acosta, a US-based sales and marketing agency, on grocery store trends for 2021 indicates that 46% of people now use online delivery more than they did before the pandemic. Data-driven forecasting builds accurate information pipelines based on patterns of purchase and forecasts of global trends.

Inventory Reduction 52

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BlueYonder

SEPTEMBER 8, 2022

Transportation and Logistics Disruptions. They are focused on improving their KPIs including: Reducing Customer Acquisition Cost : Cost of convincing a potential customer to purchase your product/service. In the e-commerce industry, if the items arrive late, customers may not purchase from the same retailer again.

Supply Chain Planning Software 52

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Supply Chain Opz

NOVEMBER 9, 2014

Therefore, a firm would be well served to develop a supply chain strategy as described in my book: Supply Chain Transformation. In an uncertain environment, affordability and predictability are at a premium, and a supply-chain organization can deliver these through effective management and oversight of its suppliers.

Waste Reduction 274

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Talking Logistics

APRIL 5, 2018

After launching in 2014 and raising a total of $63 million, this “Uber for Shipping” venture (as investors and the press liked to call Shyp) never found a sustainable business model. Shyp and Uber: Pulling the Plug on Disruption. It’s pretty silly,” he told me in early 2016. Defining Success in Logistics.

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Supply Chain Matters

JULY 6, 2023

Supply Chain Matters provides highlights and perspectives on reported June 2023 and Q2-2023 quarterly global and regional PMI indices. The data further points to added warning signs that strongly suggest added contraction in the quarter to come. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Material Handling & Logistics

JULY 29, 2018

Logistics providers have discovered that sustainability in the supply chain delivers a good ROI. For a long time now, corporations and their supply chains have been required to prove that they are acting in a sustainable, environmentally-friendly way. Consumers won’t trade quality and performance for sustainability.”.

Sourcing Strategies 88

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Talking Logistics

JULY 22, 2015

But as the top end of the market becomes more saturated and competitive — and as new competitors emerge with hybrid business models, offering customers more flexible, faster-to-deploy, and more cost-effective solutions — the race is on to win market share in the SMB market, and to do so profitably. The biggest challenge for C.H.

Logistics Network Optimization Software 100

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NC State SCRC

MARCH 9, 2016

An excerpt from our book “The Procurement Value Proposition” got a nice section of CSCMP’s Supply Chain Quarterly edition this week. Much of the book was written based on my own recognition that the field needs to change. The principles at the time were certainly appropriate.

Optimal Sourcing 40

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DELMIA Quintiq

OCTOBER 6, 2015

This service is not limited to prepared food – you can order groceries, books and even a TV. The 2014 UPS Pulse of the Online Shopper study reports what truly affects shopper satisfaction: This presents new opportunities to retailers who are quick to offer what consumers want. per delivery respectively while 2-hour delivery is free.

Purchasing Skills 120

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Provenance

AUGUST 13, 2018

Provenance has partnered with the Swedish Agency for Growth Policy Analysis Agency (Growth Analysis) , to explore how blockchain technology can help to valorise sustainable practices in the Rare Earth Elements mining sector. Read the short version of this report on Medium. The result?

Modeling Software 56

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Supply Chain Game Changer

NOVEMBER 23, 2018

The book sparked consumer concern, which prompted the Food and Drug Act and the Meat Inspection Act ( Linich 2016 ). Parallel with a lot of circulating business jargon, ‘supply chain transparency’ has become a buzzword with a certain sex appeal, to the sustainability crusaders of our time. at it’s origin?—?

Supply Chain Software 47

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6 River Systems

APRIL 4, 2019

These technologies also contribute to a rise in big data and analytics in the logistics field. Mobile apps: Pulling these reports several times a day can be tedious and leads to performance not being monitored in real-time. Mobile apps can generate reports and monitor performance metrics. Dr Julian Stephens. .

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Tompkins Blog

APRIL 2, 2014

Consortium Report. Our Focus Industries. Consumer Products. Pharmaceutical & Healthcare. Third-Party Logistics. Our Thinking. Client Success Stories. White Paper. Contact Us. Webinar On Demand.

Demand Planning Software 40

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