Jaggaer

MAY 8, 2025

I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. How often do your purchase orders change?

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Procurement Analytics Procurement Solutions 52

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logistics Viewpoints

JUNE 3, 2022

Shipping companies added capacity, but now containers are stuck in port. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. During the peak of port congestion in 2021, as many as 30 ships were waiting to enter an Oakland berth.

Logistics Network Optimization Software 284

Logistics Network Optimization Software Oakland Logistics Pricing Training 284

SCMDOJO

SEPTEMBER 19, 2024

As a procurement officer, you’ve possibly been in the crosshairs of debate between sourcing locally and regionally versus from low-cost countries endorsed by many executive staff and boards of directors. Every time I was requested to have a target percentage of our purchases from low-cost countries I felt a pit in my stomach.

Purchasing Skills 98

Purchasing Skills Price Reduction Modeling Manufacturing Procurement 98

Supply Chain Shaman

APRIL 16, 2024

Let’s start with definitions: Self Service Planning: Decision support technologies designed for business leaders to use analytic techniques on a collaborative platform to improve business planning. Outside-in Planning: Modeling based on channel and supply network signals. This week, I was at Informs Analytics Conference.

Supply Chain Planning Software 221

Supply Chain Planning Software Supply Chain Design Software How To Modeling 221

Silvon Software

MAY 7, 2018

Analytics can help wholesale distributors maximize profits, but it isn’t just about gaining insights from the data. Here’s more information on the value that analytics can bring to wholesale distribution organizations: Operational Efficiency. High performing distributors use advanced analytics to make their operations more efficient.

Procurement Analytics 85

Procurement Analytics Analytics Optimal Sourcing Vendor Strategies 85

Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100

ThroughPut

JUNE 12, 2025

As operations, maintenance, and supply chain leaders navigate a landscape shaped by rising asset complexity, volatile supply chains, and tight capital budgets, the pressure to optimize every part, every process, and every purchase has never been greater. Provides insights into supplier reliability to inform procurement decisions.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Predictive Analytics Software Forecasting Software 52

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. Container Import Volume Year-over-Year Comparison. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. Figure 1: U.S.

Predictive Analytics Software 294

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 294

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 207

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 207

Freightos

JULY 26, 2018

According to their 2017 annual report, over a quarter of Amazon’s third-party sales (which represent half of Amazon’s sales) are cross-border. In other words, if your shipping your own goods, you’re competition. Let’s Talk About Boats, Ships, and Trucks. That’s not surprising, given that Amazon’s shipping costs grew from $11.5

Logistics Network Optimization Software 198

Logistics Network Optimization Software Logistics Data Supply Chain Planning Software 198

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. and “what is a reasonable range of rates for our company’s typical shipping scenarios?”.

Benchmarking 96

Benchmarking Negotiating Skills Logistics Network Optimization Software Purchasing Skills 96

IQMS

JUNE 9, 2023

For example, the comparison of a new order to available inventory may lead to a request for an expedited purchase of materials. Examples can include production status, sales rate, and quality metrics to name a few. Design-Through-Manufacturing Efficiencies. Product development can’t function on its own.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Material Savings Supply Chain Planning Software 52

GlobalTranz

NOVEMBER 17, 2016

The most common complaint of newer companies using big data analytics capabilities tends to revolve around traditional questions of business strategy. Transportation modes used in procurement and shipping. Distribution of goods prior to purchase. Ask Traditional Questions, and Let Big Data Provide Answers.

Supply Chain Design Software 120

Supply Chain Design Software Big Data Supply Chain Software Continuous Improvement 120

Logistics Viewpoints

FEBRUARY 25, 2022

The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. Those shipments need to go by Ocean or the more expensive Air mode if ship berths can’t be found. Because of this, they are predicting rates will skyrocket for Ocean and Air. This week’s news will all center on this war.

Price Reduction 261

Price Reduction Ukraine Russia Logistics Network Optimization Software 261

Freightos

APRIL 16, 2015

We’ve rounded up the top 20 logistics technology innovations changing the way over $18 trillion dollars of goods are shipped annually. Big ships : Super-container ships with 20,000 TEU capacity will drive increased efficiency, particularly in countries and areas with the few ports that can support the mega-ships.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Software Optimization Software Supply Chain Network Software 120

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.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Shaman

NOVEMBER 28, 2016

Shipping approximately 400 million selling units consisting of 700 million manufactured units per year, Carter’s employs about 4,000 employees at its peak. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

Supply Chain Game Changer

NOVEMBER 19, 2018

And the reality is that Supply Chain must be cost-effective. Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. From the inbound perspective he Supply Chain team typically procures raw materials, expedites their delivery.

Negotiating Skills 95

Negotiating Skills Cost Reduction Strategies Purchasing Skills Inventory Reduction 95

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

The UCLA Anderson Global Supply Chain Blog

AUGUST 11, 2017

Luxottica maintains a warehouse in Atlanta and ships roughly 470k units of inventory each week - 300k to retail locations and 170k as wholesale to independent opticians and department stores. If purchasing glasses online, consumers are able to choose any five frames online to be delivered as part of their Home-Try-On (HTO) program.

Manufacturing Procurement 112

Manufacturing Procurement Sourcing Strategies Inventory Reduction Supply Chain Design Software 112

ShipBob

JANUARY 8, 2021

Today, the scenario is quite different as 73% of B2B buyers are millennials who prefer the convenience of purchasing bulk orders online. B2B orders are often purchased less often, sold in bulk, and shipped via freight (or parcel for smaller orders). B2B orders are often repeat purchases done in bulk and ordered less frequently.

Inventory Management Software 96

Inventory Management Software Supply Chain Design Software Optimization Software Logistics Network Optimization Software 96

Unleashed

JULY 23, 2023

KPIs in manufacturing are quantifiable production metrics used by manufacturers to measure production performance over time. Order cycle time KPIs calculate the average time between when you receive an order and when it is shipped. As a metric, it’s the time you budget to manufacture each part or component.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Metrics Inventory Reduction 52

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

The McKinsey report “How COVID-19 is changing consumer behaviour – now and forever”, bluntly illustrates how this change occurred more quickly and seismically than anyone predicted – so fast that it’s apparent the capacity to adapt had always been there. . Digitalisation and the Importance of Technology.

Supply Chain Planning Software 245

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Agile and Lean Supply Chain 245

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

QAD

APRIL 5, 2022

From integrated multi-currency, multi-GAAP and multi-entity financials to best practice purchasing, and from shared services to real-time data and flexible data analytics, QAD’s Effective Enterprise Management capabilities ensure that manufacturers operate from a trusted set of essential enterprise processes that meet today’s and tomorrow’s needs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Purchasing Skills 98

EC Sourcing Group

MARCH 12, 2023

A supplier scorecard is the result of supplier analysis based on a set of key performance indicators and metrics. Steps for building a supplier scorecard: Focus on the purpose of the scorecard by recognizing and determining the right measures and metrics, or, your KPI’s.

Procurement Analytics 52

Procurement Analytics Purchasing Skills Procurement Solutions Supply Chain Planning Software 52

Zipline Logistics

DECEMBER 22, 2020

percent reporting LTL transit times had been extended by one or two days, and another 16.4 What Is Shipping Lead Time? Lead time typically refers to the total time needed from purchase order origination to delivery to a customer. percent of survey respondents, with 70.2 Let’s explore why else it matters. Reach Out Today .

Freight 52

Freight Shipping Cost Reduction Strategies Purchasing Skills 52

ShipBob

AUGUST 3, 2020

It has been forecasted that by 2040, approximately 95% of all purchases will be facilitated by ecommerce. Founded in 2006, this firm is slightly newer in comparison to others. Product sourcing is the process of purchasing or creating products that you can sell. Greycroft Partners. Product sourcing.

Trends 105

Trends Purchasing Skills Manufacturing Procurement Modeling Software 105

EazyStock

NOVEMBER 17, 2020

ERP systems typically allow companies to undertake tasks such as purchasing, production planning, service delivery and customer management – all from one single platform. Many ERP inventory management modules lack the necessary analytical tools to recommend what and how much stock you should actually carry.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Forecasting Software 98

Enterra Insights

MAY 31, 2019

consumers expect orders, with free shipping, to arrive within three days. Most of us still trusted brick-and-mortar stores, we didn’t have price comparison services, and we were at the mercy of large corporations for discounts.”[2] Invest in technology and analytics. are becoming increasingly demanding. Footnotes. [1]

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

Unleashed

SEPTEMBER 11, 2019

Not all suppliers are created equal: some are better at providing low-cost goods, while others are great at customisation. Some suppliers have optimised for fast-shipping times, and some suppliers focus on high-quality materials. Without reliable suppliers, you could be jeopardising with your business model.

How To 63

How To Procurement Analytics Comparison Procurement Solutions 63

RFgen

APRIL 30, 2024

Your Guide to Mobile Inventory Management Systems LEARN MORE » Comparison with Periodic Inventory Systems In contrast to a perpetual inventory system, a periodic inventory system is a methodology in which updates are made in batches. Meanwhile, reliable data helps reduce emergency restocking and expensive last-minute shipping fees.

Inventory Management Software 98

Inventory Management Software Inventory Reduction Optimization Software Supply Chain Planning Software 98

Cognira

NOVEMBER 28, 2023

This blog explores the trends that define this year’s holiday season and the factors that draw the consumer path to purchase. Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point. compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Unleashed

MAY 4, 2022

Purchases can be made while on the move, on impulse and in response to a particular need at that time. This will evolve as eCommerce technology does and the purchasing experience becomes more sophisticated and user-friendly. Costs are reduced with eCommerce Ecommerce stores are far more cost-effective than physical stores.

Inventory Management Software 97

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

ThroughPut

APRIL 6, 2020

Managing inventory is one of the most crucial aspects of supply chain optimization as it affects several other parts of your supply chain, including procurement, order fulfilment and production planning. This is very helpful, especially when you use data pulled from real-time analytics. This helps solve several problems for them: 1.

Optimal Sourcing 59

Optimal Sourcing Optimization Software Supply Chain Planning Software Supply Chain Design Software 59

RFgen

APRIL 1, 2013

In an effort to be more competitive against ecommerce retailers such as Amazon.com, Walmart is considering adopting a new inventory management system in which customers ship goods to other customers. Reuters reported last month that the company is turning to a crowdsourcing model for fulfilling ecommerce orders.

Inventory Reduction 52

Inventory Reduction Price Mitigation Strategies Supply Chain Strategy Supply Chain Optimization 52