Supply Chain Shaman

JULY 19, 2020

Conversely, the value of a firm will never be created by improving the functional metrics of Purchase Price Variance, Overall Equipment Efficiency (OEE), lowest cost of transportation, or cash-to-cash efficiency. Almost all quality improvement comes via simplification of design, manufacturing… layout, processes, and procedures.

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

BlueYonder

MAY 1, 2020

consumer behavior has been a barometer for larger trends affecting industries such as retail and manufacturing, as well as the overall economy. Regardless of how long the lockdowns continue, retailers using AI/ML demand forecasting engines will be able to quickly pick up further cross-channel shifts to online purchasing.

Comparison 52

Comparison Survey Retail Trends 52

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. In this case, the supplier receives a commission from both the customer and the manufacturer. Let's imagine a company A, that manufactures a finished product – sneakers. Blurred lines.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

Zipline Logistics

JUNE 29, 2021

This recent trend also comes as Independence Day inches closer, and more drivers are pulled off the road to spend the holiday at home. Retail restocks are a current culprit of increased volume, as are sources of direct consumer spending. As manufacturing returned in Asia, enterprises began bringing imports in at historical volumes.

Freight 91

Freight Trends Los Angeles Manufacturing Procurement 91

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) A balance sheet analysis shows that 95% of publicly traded manufacturers are stuck (when compared to peer group) at the intersection of growth and margin, margin and inventory turns, and Return on Invested Capital (ROIC) and growth. In Table 1, I share a comparison of the two methods.

Gartner 197

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 197

Supply Chain Matters

JULY 19, 2023

Keep in mind that because China ’s economy was impacted last year by widespread Covid-19 lockdowns, economists are focusing on quarter-to-quarter or annual average growth rates as a yardstick comparison for economic growth. The country’s manufacturer’s need export business and the Chinese yuan value against the U.S.

China 52

China Manufacturing Procurement Supply Chain Strategy Cost Reduction Strategies 52

Logistics Viewpoints

DECEMBER 15, 2022

ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most. Now, we can do better than that by using advanced analytics, which can be extended to include more dimensions, such as trends, and provide further insights.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

Supply Chain Shaman

JULY 25, 2021

Reversing The Trend. How do we reverse the trend? While the input from sales on market trends is invaluable, sales should never be asked to forecast. Trade-offs of commercial programs with source, make, and deliver to maximize value to the customer and improve margin.). Few measured projects against improved results.

Procurement Analytics 370

Procurement Analytics Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Planning Software 370

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Material Savings Procurement 100

Logility

JUNE 10, 2020

Maintaining their market advantage came at the cost of great complexity – with more than 80,000 individual items for sale at any one time across nearly 150 retail outlets, monitoring individual performance across categories and regions, tracking trends and preparing clear, useful and timely reports were nearly impossible tasks.

Optimal Sourcing 130

Optimal Sourcing Analytics Software Supply Chain Planning Software Analytics 130

Zipline Logistics

JULY 21, 2020

This change is most evident in the shift in retail trends that we have seen since late this winter. percent in a year-over-year comparison , which marks the first annual increase of the pandemic. Caine continued by saying that he expects this trend to continue even as the pandemic wanes. It is how and through which channels.

Trends 52

Trends Retail Manufacturing Procurement Beverage 52

QAD

JANUARY 9, 2024

Globalization, international business and the trend towards world markets introduces complexity for business. If you manufacture or distribute dual-use goods or controlled substances, this is even more important. Done correctly, international trade compliance is a source of competitive advantage.

Global 97

Global Supply Chain Software Vendor Strategies Demand Planning Software 97

Claritum

MAY 12, 2019

Claritum Article - Procurement Blog. Technologies and Procurement Table. There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. 2 Technologies and Procurement Table. Virtual Procurement Agents.

Analytics Software 36

Analytics Software Predictive Analytics Software Modeling Software Supply Chain Network Software 36

Supply Chain Shaman

OCTOBER 5, 2018

Based in Paris, L’Oréal is a global personal care manufacturing company. Orbit Chart Comparison of L’Oreal and Estee Lauder. To understand the extent of the achievement, note the comparison to their industry peer group in Table 1. (Read more to understand the details on the Supply Chain Index ,).

Case Study 254

Case Study Inventory Reduction Agile and Lean Supply Chain Study 254

BlueYonder

APRIL 7, 2020

Restrictions on leaving the house, widespread closings or limitations of local and big-box storefronts, and exhausted e-commerce channels struggling to fulfill rapidly increasing demand levels have impacted retailers, manufacturers, and consumers alike. To better understand the consumer perspective, Blue Yonder surveyed over 1,000 U.S.

Survey 70

Survey Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 70

Elementum

AUGUST 9, 2022

Executive Summary You’re probably familiar with the concept of Design for Manufacturing: taking manufacturing processes, scalability, and profitability into account as a product is being developed, and designing for optimal results given all of the known constraints. Like me, you may remember learning about them in college.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Design Supply Chain Optimization Optimal Sourcing 78

Enterra Insights

OCTOBER 14, 2020

Now, all that manufacturing, logistics, pricing, customer engagement and general commerce data is obsolete.” ” Those trends are: 1. “The first [trend],” Shalabh states, “is that a large consumer block is buying the same products but using new channels. Consumers are using new channels.

Purchasing Skills 100

Purchasing Skills Manufacturing Procurement Predictive Analytics Software Modeling 100

GlobalTranz

APRIL 25, 2016

Inventory measurement is critical and it is money after all in that it took a capital expense to procure. In comparison, the poorest-performing companies in the lowest quartile had a range of working capital between 23% and 39% as a percentage of revenues. View our Trends Category to stay up to speed. . Isn’t time important?

Procurement Analytics 120

Procurement Analytics Supply Chain Performance Metrics Supply Chain Software 120

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. Higher chance of heavy reliance on external financing sources, such as loans or credit lines. According to The J.P. But how can companies unlock this capital?

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Enterra Insights

APRIL 13, 2023

Plus, Americans’ spending spree during the earlier years of the pandemic, fueled by stimulus money, boredom and socked-away savings, have made for tough comparisons.”[2] And sales of big-ticket items like jewelry and electronics have weakened. ”[2] Nevertheless, she observes, “Retailers are more on edge.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Logistics Viewpoints

MARCH 3, 2021

Robinson’s last quarter earnings in North American Surface Transportation, up 10.8% – which many companies would be delighted with – seem paltry in comparison. While rates and costs are top of mind, sourcing and capturing capacity is the first priority in many industries.” That makes C.H. Managed Trans is Strategic.

Logistics Network Optimization Software 245

Logistics Network Optimization Software Negotiating Skills Negotiate Pricing Report 245

Logistics Viewpoints

AUGUST 12, 2022

It covers 37 states and parts of Canada through a fleet of more than 150,000 crowd-sourced drivers, it says. For comparison, they spent $3.4 More companies looked to implement grocery deliveries, and third party companies looked to build out their rosters of drivers. But as the pandemic eased, demand softened. That’s all for this week.

Logistics Network Optimization Software 227

Logistics Network Optimization Software Modeling Logistics San Antonio 227

GlobalTranz

AUGUST 11, 2016

In this blog, Andy discusses the health of the manufacturing industry, manufacturing technology orders, and setting benchmarks for company performance. The State of the Health of The US Manufacturing Sector & Manufacturing Technology Orders. USMTO is managed by AMT, The Association For Manufacturing Technology.

Manufacturing Procurement 120

Manufacturing Procurement Forecasting Software Analytics Software Optimization Software 120

QAD

JUNE 16, 2021

Managing the shop floor, inventory, operations and scheduling are some of the keys to ensuring a manufacturing business runs smoothly. As manufacturing and supply chains scale to meet larger global needs, real-time data and software systems allow manufacturers to automate processes and make smart data-driven decisions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 52

Supply Chain Shaman

AUGUST 7, 2019

In my work with manufacturing companies recently, I am thinking a lot about the need for diagnostic testing. ” Or alternatively, “Is there data that could be sourced to help?” Build an industry peer group and gain insights on major trends. Ecolab was able to overcome the downward trend.

Supply Chain Design Software 250

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 250

Unleashed

JANUARY 4, 2024

Product sourcing, done the right way, can set your business up with the foundations needed for achieving maximum sales. This guide will explain how product sourcing works in modern business, best practices for finding suppliers, and list some of the most popular websites and tools for sourcing goods to sell.

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

NC State SCRC

AUGUST 19, 2022

As shown in the chart below, Miller notes that the PPI for final demand finished goods (red), appears to have peaked on a year over year (YoY) basis as of June 2022 and is now trending down on the YoY comparison, but still up ~15% YoY. The projection is that it will take at least a year to return to 2018 levels.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Modeling Forecasting 52

Unleashed

MAY 4, 2022

Doing this well requires an in-depth understanding of your customers , and this in turn requires investment into data analysis of their shopping habits and broader market trends. Purchases can be made while on the move, on impulse and in response to a particular need at that time.

Inventory Management Software 97

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 97

Supply Chain Network

MARCH 2, 2012

Acquisitions of Emptoris and Demandtec expanded sourcing and pricing portfolios while the new version of IBM ILOG LogicNet Plus XE further enhances supply chain network capabilities. Matrix Commerce extends beyond the sales and customer focus to include management and optimization of supporting sourcing and supply chain facets.

Optimal Sourcing 79

Optimal Sourcing Modeling Negotiating Skills Manufacturing Procurement 79

EC Sourcing Group

JANUARY 24, 2019

Last week I suggested that a procurement cockpit is an essential tool to manage your business in 2019. Today I will focus on KPIs that can provide deep insight into the efficiency and effectiveness of your operations, strategic sourcing efforts and how procurement systems are viewed internally. If it was always this easy.

Manufacturing Procurement 45

Manufacturing Procurement Negotiating Skills Purchasing Skills Procurement Solutions 45

Supply Chain Matters

JUNE 14, 2022

The Supply Chain Matters blog highlights two additional May 2022 indicators of supply chain volatility as well as logistics services trending. logistics trends reinforce a shifting tide along with concerns as to what to expect in the second half of 2022. higher than the same time last year, and 12.6 points higher than two years ago.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 52

ThroughPut

JUNE 8, 2021

You may also consider introducing new products, which require deeper supply chain forecasting , especially at the supply and manufacturing levels. To put it simply, machine learning uses extensive algorithms to automatically analyze large amounts of data and learn to identify patterns and trends. Book a demo right away !

Inventory Reduction 98

Inventory Reduction Price Mitigation Strategies Optimization Software Vendor Strategies 98

Supply Chain Shaman

JULY 19, 2015

In most ‘benchmarking activities’, self-reported data is the most common source. It is for this reason, that I discount the reporting by APQC, Institute of Business Forecasting (IBF) and Grocery Manufacturing Association (GMA) benchmarking data. A lag is the comparison against points in time. The reason is simple.

Benchmarking 150

Benchmarking Supply Chain Planning Software Supply Chain Planning Scenario Planning 150

IQMS

JUNE 15, 2020

Bottom Line: Capturing machine process and measurement data with real-time process monitoring helps manufacturers improve quality and compliance, while also increasing production yields and shop floor productivity. Using Real-Time Process Monitoring To Create A Manufacturing Fitness Plan. Product Gains Achieved with Process Monitoring.

Manufacturing Procurement 75

Manufacturing Procurement Analytics Software Demand Planning Software Manufacturing 75

20Cube Logistics

FEBRUARY 11, 2022

To avert those disruptions and the capacity crunches that have been induced by ocean freight, manufacturing industries of various kinds seem to be leaning towards air freight. Certain manufacturing sectors like fashion and electronics are reliant on the airfreight because of the nature of their business. Issues With Tariffs.

Agile and Lean Supply Chain 74

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 74

QAD

MAY 19, 2021

Manufacturers and suppliers today are challenged constantly to become more accurate, efficient, and profitable to survive the constant change and disruption in the world around them. A variety of industries can benefit from manufacturing ERP software , including: Industrial Equipment and Components. Manufacturing. Automotive.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Inventory Management Software 52

Enterra Insights

NOVEMBER 26, 2019

” Crystal ball comparisons imply predictive analytics can see the future; however, Griffith notes, predictive analytics rely on historical data and are, therefore, not very good at predicting unexpected events. Pricing models are made to adapt to factors, such as location, the volume of purchase and customer lifetime value.”

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100