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5 Reasons Why You Need Procurement Planning Software

New Horizon Supply Chain Blog

Introduction: Procurement Planning for Distribution-Intensive Businesses Procurement planning is not a widely recognized category of supply chain software, but it should be. The resulting plan should maintain adequate safety stock levels for each purchased item while reducing inventory costs.

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Top Supply Chain Challenges for CPG companies in 2023

Logistics Viewpoints

Autonomous Supply Chains In this competitive environment, a CPG manufacturer needs to fight to get space on retailer shelves in each region, keep those shelves stocked, compete and collaborate simultaneously with e-commerce, and maintain its operating margins. each with discrete plans generated typically in sequential batch runs.

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Cognitive Technologies are Enhancing Customer Service

Enterra Insights

Cognitive Technologies and Customer Service. Haas and his colleagues explain, “For many companies, helping consumers make purchase decisions by delivering relevant content throughout the buying cycle is a top priority. Balkhi explains, “One great way that companies are using AI is by integrating it with their CRM software.

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Emma – The Sleep Company Selects ToolsGroup Supply Chain Planning Software to Support Growth

ToolsGroup

ToolsGroup will support Emma’s goal of creating a resilient, intelligent supply chain process to fuel the company’s growth. MUNICH & BOSTON — 23. However, this speed of expansion made Emma’s supply chain planning process considerably more difficult.

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How Supply Chain Leaders Make Sustainability Their Core Mission

Logistics Viewpoints

Much has been written about what it takes to run a successful supply chain in the era of “get it to me fast and get it to me cheap.” Supply chain professionals are looking for ways to store goods closer to customers by investing in micro fulfillment centers and to optimize their facilities so orders can be processed faster.

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Causal Artificial Intelligence and Supply Chain Performance

Enterra Insights

Supply chain professionals have always depended on forecasting to help them balance supply and demand. In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter. He explains, “Prediction is at the core of running an efficient supply chain.

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The Problem with Retail Promotions: Diminishing Returns of Discounting in a Promo-Saturated Market

ToolsGroup

Retailers rely heavily on promotions, which can account for between 10% and 45% of their total revenues, according to research from Boston Consulting Group. In today’s dynamic retail landscape, promotions are undeniably a potent tool for driving sales and customer engagement.