Logistics Bureau

FEBRUARY 15, 2021

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. But all of those things become purchasing as opposed to procurement.

Manufacturing Procurement 98

Manufacturing Procurement Procurement Analytics Purchasing Skills Negotiate Pricing 98

Logistics Viewpoints

FEBRUARY 5, 2024

Walmart is not the only big retailer with OTIF requirements, but as the world’s largest retailer, and a company with stringent requirements , Walmart’s OTIF requirements are top of mind for consumer goods companies. The fines, Uber Freight reports, vary by the costs of the products being sold to Walmart.

Shipping 312

Shipping Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 312

Supply Chain Shaman

OCTOBER 5, 2018

The award, based on beating the industry peer group on rate of improvement on the key metrics of growth, operating margin, inventory turns, and Return on Invested Capital (ROIC) while outperforming their peer group, is tough to achieve. The orbit chart below illustrates L’Oréal’s performance at the intersection of two metrics.

Case Study 329

Case Study Inventory Reduction Study Agile and Lean Supply Chain 329

Logistics Viewpoints

FEBRUARY 24, 2023

Gretchen McCarthy, Target’s chief global supply chain & logistics officer, said Target has to keep up with customer expectations — namely getting online purchases conveniently and quickly. What’s a bit novel is that they’ve also developed an analytics engagement lead role to serve as an organizational coach.

Logistics Network Optimization Software 290

Logistics Network Optimization Software Logistics Supply Chain Planning Software Analytics Software 290

Logistics Viewpoints

AUGUST 1, 2024

In this scenario, by adopting an adaptive supply chain, the retailer uses real-time data analytics to identify emerging trends and collaborate closely with suppliers to quickly adjust production and inventory levels to meet customer demand.

Modeling 317

Modeling Network Optimization Supply Chain Design Software Material Savings 317

Logistics Viewpoints

SEPTEMBER 19, 2022

MSCN solutions provide supply chain visibility, network-based applications, and network analytics across an extended supply chain. MSCN solutions have distinctive advantages when it comes to supplier onboarding, communication, partner management, and being able to provide unique analytics.

Supply Chain Design Software 227

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 227

Supply Chain Game Changer

NOVEMBER 12, 2020

Consumer goods article and permission to publish here provided by Wouter Nederkoorn. We all know and regularly purchase Fast-Moving Consumer Goods (FMCG, often also referred to as Consumer Packaged Goods, or CPG). In some regions the lockdown period caused a boom in the purchase of FMCG products.

Consumer Goods 67

Consumer Goods Procurement Analytics Agile and Lean Supply Chain Omnichannel 67

Logistics Viewpoints

MARCH 20, 2023

This January the company reported that its annual recurring revenue grew at over 84% year-over-year. There’s a lot of flexibility required to model the variations and nuances.” The modeling of demand can be dramatically more detailed using the graph database technology. billion after a funding round.

Supply Chain Planning Software 289

Supply Chain Planning Software Modeling Software Procurement Solutions Demand Planning Software 289

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. This increases sales.

Forecasting 275

Forecasting Forecasting Software Modeling Optimal Sourcing 275

Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. The next figure you need to calculate is COGS, which is a metric that relates to the direct costs of a product that a business sells.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Supply Chain Matters

JANUARY 7, 2025

Supply Chain Matters provides readers with December 2024, Q4-2024 , and year-end global supply chain assessments as reported by various global wide PMI reporting. Morgan and S&P Global Market Intelligence reported a continuation of contractionary activity levels in the final month of 2024. for December, down from a 50.0

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Procurement Analytics 52

Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? The North Star Metric (NSM). Subscribe Here! Email Address.

Procurement Analytics 86

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 86

Logility

JULY 22, 2024

This integration allows us to make better purchase decisions and streamline processes across the supply chain,” explains Raheel, highlighting the immediate benefits of the cohesive and comprehensive supply chain platform.

Continuous Improvement 207

Continuous Improvement Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 207

crisp

MARCH 18, 2025

For consumer goods brands navigating the complex web of omnichannel retail, understanding the true impact of marketing spend can be a significant hurdle. How would your reporting tell this story? How would your reporting tell this story?

Analytics Software 52

Analytics Software Optimization Software Modeling Software Manufacturing Procurement 52

EcoVadis

MAY 31, 2018

Read on for more details about EcoVadis ratings in this interview (first published on the ING Wholesale Banking site): Rating Sustainability Performance: An Essential Business Metric. Pierre-Francois Thaler, co-founder and co-CEO, explains the company’s business model and why it’s important to get rated. What areas does it cover?

Procurement Analytics 68

Procurement Analytics Metrics Sustainability Optimal Sourcing 68

Supply Chain Matters

JANUARY 27, 2025

Within the NRF release announcement , Chief Economist Jack Kleinhenz observed: The spending pace was back to pre-pandemic growth and indicates a good start to the year ahead. Mastercard , which utilizes tracking data related to all forms of payment transactions, excluding automotive sales, reported that retail sales increased 3.8

Procurement Analytics 52

Procurement Analytics Electronics Supply Chain Planning Retail 52

Enterra Insights

MARCH 4, 2022

.”[1] An infographic prepared by the staff at Concentric reports, “[Nearly 80% of] CPG executives say the COVID-19 crisis will have a lasting impact on their customers’ needs”; however, “[less than a third of them] say their companies are well-equipped to address such changes.”[2] Joining the Data Revolution.

Packaging 130

Packaging Prescriptive Analytics Software Analytics Software Supply Chain Planning Software 130

QAD

FEBRUARY 4, 2025

For 58 years, food and beverage and consumer goods manufacturers have battled for dominance, from chips and wings to soda, beer, party supplies, and even aluminum foil for food storage and DIY trophies. That takes a data-driven approach to forecasting, procurement and distribution.

Manufacturing Procurement 52

Manufacturing Procurement Beverage Inventory Reduction Optimal Sourcing 52

Logistics Viewpoints

OCTOBER 26, 2022

ARC defines the warehouse automation market according to a number of qualifications and dimensions to deliver a well-defined measure, with numerous segmentations, allowing those that purchase the research to understand what is being measured, and to easily extrapolate the findings to support their strategic planning needs.

Supply Chain Software 334

Supply Chain Software Warehousing Supply Chain Design Software Supply Chain Planning Software 334

Logistics Viewpoints

JUNE 2, 2023

Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Sellers can only purchase a shipping label through Walmart for orders that are in an unshipped status, it noted. Ship with Walmart (SWW) was previously available only for cross-border orders.

Logistics Network Optimization Software 258

Logistics Network Optimization Software Saudi Arabia Supply Chain Planning Software Logistics 258

Enterra Insights

JULY 18, 2019

.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the latter underpinned by big data and advanced data analytics — is beginning to be felt.”[2] Path to Purchase. trillion in business in the U.S.

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

ToolsGroup

DECEMBER 4, 2018

Direct-to-Consumer (DTC) presents special supply chain planning challenges for both smaller microbrands (e.g., eyeglass brand Warby Parker or mattress seller Casper) and much larger consumer goods incumbents, but the planning challenges are different depending on which type of company you are.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 159

Logistics Viewpoints

MARCH 3, 2023

According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3 The process, called binder jetting, can boost productivity tenfold, while the use of metal powders is more cost-effective than laser-based 3D-printing powder.

Logistics Network Optimization Software 278

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 278

Enterra Insights

JANUARY 14, 2022

Today’s consumer picture is even more confusing as a result of low unemployment rates (which generally means higher demand) and rising inflation (which generally means lower demand). Nominal income gains were reported by survey participants, but half of all families anticipated reduced real incomes next year. ”[3].

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Enterra Insights

OCTOBER 7, 2021

With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies. Regardless of whether consumers are buying products because they are bored or truly need them, they are finding the convenience of online purchasing to their liking.

Modeling Software 130

Modeling Software Supply Chain Planning Software Procurement Analytics Analytics Software 130

Kinaxis

SEPTEMBER 13, 2017

Walmart brings extreme fulfillment expertise to the table, and Google has the technologies for language processing, artificial intelligence (AI) and analytics. Advanced data analytics will need to be more heavily relied upon than before, so adjustments to planning, forecasting and deployment can be made.

Supply Chain Planning Software 239

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 239

Logistics Viewpoints

APRIL 29, 2022

Walmart+ costs $98 per year, or $12.95 It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. XPO Logistics launched a Ship Net-Zero program, giving shippers the option to purchase carbon credits to offset emissions from shipments.

Logistics Network Optimization Software 245

Logistics Network Optimization Software New York City Logistics Inventory Reduction 245

Alloy

FEBRUARY 23, 2022

Demand planning is a process just about every consumer goods company performs to keep their supply chain operation running smoothly. This data gives consumer goods companies a leg up on the competition and allows them to more proactively plan for what their retailers will order. Real-time POS data.

Supply and Demand 52

Supply and Demand Consumer Goods Demand Planning Supply Chain Planning Software 52

Zipline Logistics

MAY 25, 2021

Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. Since the first quarter of 2020, CPG logistics costs have risen by 37% to an average of $1.71

Procurement Analytics 69

Procurement Analytics Food Report Logistics Network Optimization Software 69

crisp

MAY 21, 2025

In a Deloitte survey of retail professionals , 60% reported that AI tools improved their ability to forecast demand and manage inventory in 2024. Retail and consumer goods supply chain leaders can use AI to gain a similar competitive edge in the race to meet customer demand.

Inventory Reduction 40

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Supply Chain Strategy 40

USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Although the industry is multifaceted and varied, encompassing everything from household goods to food & beverage to apparel and more, most arms of the consumer goods industry are facing similar challenges. Supply chain woes. Labor shortages.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

Enterra Insights

JULY 20, 2021

The staff at Consumer Goods Technology (CGT) explains, “If 2020 was a Dickens novel about consumer goods, it might be called a tale of two categories: essential and non-essential. The former saw the better of times in which the belief in their products gave consumers hope. on a two-year basis. ”[3].

Retail 100

Retail Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 100

Enterra Insights

SEPTEMBER 30, 2022

.”[1] Most retailers seem to agree with that conclusion and, as a result, they have invested a lot of time and money into bolstering their omnichannel operations in order to serve consumers where and when they shop. The Omnichannel Consumer. ”[2] Yes, consumers can be difficult to figure out. during 2020. ”[3].

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

Logistics Viewpoints

MAY 12, 2023

customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing to slash costs for home delivery and returns amid slack consumer demand. The company is offering U.S.

Logistics Network Optimization Software 277

Logistics Network Optimization Software Material Savings Logistics Chile 277

Enterra Insights

SEPTEMBER 2, 2021

As I reported in Part 1 of this article, Jon Reily ( @jonreily ), an experience and commerce executive at Merkle, wisely suggests the first step when developing a DTC strategy is to determine why your company wants to get into the DTC arena in the first place. ” What constitutes a “value proposition” can be broadly defined.

Manufacturing Procurement 130

Manufacturing Procurement Price Reduction Supply Chain Planning Software Analytics Software 130

Enterra Insights

SEPTEMBER 28, 2020

Amidst store closures and stay-at-home advisories, consumers have rapidly adapted to new, tech-forward ways of shopping, which has created immense demand for the CPG industry. … With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. ”[2].

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

QAD

OCTOBER 5, 2021

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

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Supply Chain Planning Software Procurement Analytics 98