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 United Kingdom 67

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

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Synovos

AUGUST 9, 2023

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

Manufacturing Procurement 52

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Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October. in November.

Procurement Analytics 59

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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

NOVEMBER 6, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. value reported for September.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Consumer Goods. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

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 Optimal Sourcing 69

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. They are all essential parts of Kroger’s analytics capabilities and, if leveraged correctly, can provide crucial insights to improve business operations.

Procurement Analytics 52

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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

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

JULY 14, 2020

Consumer behavior, even before the pandemic, was moving steadily towards the digital path to purchase. The pandemic forced many consumers to make purchases online that they normally would have completed in stores. ” That doesn’t mean they aren’t using the digital path to purchase — because they are.

Omnichannel 100

Omnichannel Analytics Software Supply Chain Planning Software Predictive Analytics Software 100

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 157

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Network Software 157

Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

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

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

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

Alloy

JANUARY 24, 2019

IDC Study: Industry Trends and Why a Demand-Driven Organization is Critical Alloy recently commissioned IDC for a Market Spotlight on the future direction of consumer goods companies, which you can read here. Thus, the supply chain becomes a “critical competitive weapon,” according to the report.

Procurement Analytics 40

Procurement Analytics Alloy Demand Planning Software Supply and Demand 40

SupplyShift

JUNE 5, 2023

STANDARD ASSESSMENT THESIS for Retailers The Sustainability Insight System (THESIS), created by The Sustainability Consortium (TSC) and powered by SupplyShift, is a science-based performance management system helping retailers transform the consumer goods industry to deliver more sustainable consumer products.

Retail 52

Retail Supply Chain Network Software Benchmarking Consumer Goods 52

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 209

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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.

Price Reduction 130

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Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Manufacturing Procurement 50

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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 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. 2) Advanced Analytics.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Network Software Supply Chain Design Software Analytics Software 150

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

Enterra Insights

FEBRUARY 8, 2022

It turned out that, for the most part, consumers were in a buying mood. Justin Swanson ( @ejsnyt ) reports, “Retail sales in the United States jumped nearly 11 percent this season compared with the holiday period in 2019, the year before the pandemic upended the global economy.”[1] Digital Path to Purchase taken more often.

Trends 130

Trends Retail Procurement Analytics Procurement Solutions 130

Enterra Insights

JULY 19, 2021

D’Innocenzio explains, “The return to store shopping, highlighted in many retailers’ earnings reports in recent days, offers a big relief in part because shoppers return less when they make their purchases at the store — 8% compared with 25% for online, according to Forrester Research. 3] They are: 1.

Retail 130

Retail Procurement Analytics Purchasing Skills Research 130

Enterra Insights

JANUARY 30, 2023

Both consumers and enterprises in the consumer packaged goods (CPG) sector are taking notice. Analysts at NielsenIQ observe, “Positive consumer sentiment toward sustainability has been growing for more than a decade, but the impact of purchasing preferences has yet to inspire a green revolution within the retail industry.

Packaging 130

Packaging Manufacturing Procurement Purchasing Skills Procurement Analytics 130

TransAudit

DECEMBER 13, 2023

Supply chains at a consumer goods company, for example, make up about 80% of the company’s greenhouse gas (GHG) emissions. This process also increases resilience, key in today’s uncertain global economy, and provides cost reductions. The right rebate or trade-in program can encourage additional purchases.

Supply Chain Design Software 88

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Optimization 88

Enterra Insights

JUNE 27, 2022

Department of Agriculture (USDA) has raised its 2022 food inflation forecasts again reports Jim Wiesemeyer ( @Jim_Wiesemeyer ).[1] ”[2] Their research found, “Consumer prices for food, personal care, and household items are up 13.9% ” Rising prices are changing consumer behavior. ”[4]. .”[3]

Price Reduction 130

Price Reduction Purchasing Skills Manufacturing Procurement Food 130

Supply Chain Matters

NOVEMBER 30, 2023

Consumers reportedly utilized both online and in-store channels throughout the weekend with 121.4 According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period. According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Purchasing Skills Cost Reduction Strategies 52

Supply Chain Matters

AUGUST 3, 2022

Morgan Global Manufacturing PMI® report, a composite index produced by J.P. On the slightly positive side, the July report indicated that rates of input cost and output charge inflation have both eased to 17-month lows. reported for June. The report authors noted the first drop in manufacturing output since June 2020.

Manufacturing Procurement 99

Manufacturing Procurement Global Manufacturing Taiwan 99

Supply Chain Matters

SEPTEMBER 6, 2023

Supply Chain Matters provides highlights perspectives and added insights on reported August 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 August reported value rose to a three month high of 49.0 reflecting a 0.8

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

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 176

Logistics Network Optimization Software Saudi Arabia Supply Chain Planning Software Logistics 176

Enterra Insights

DECEMBER 16, 2021

Back in April 2021, journalist Ben Popken ( @bpopken ) wrote, “Shoppers had better start budgeting more for their groceries, according to the latest consumer price index [CPI], which shows prices are increasing — and they’re likely to keep going up.”[1] ”[1] His prediction proved accurate. In November, the U.S.

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Pricing Training Purchasing Skills 130

Supply Chain Shaman

SEPTEMBER 17, 2015

As shown in the 2015 Supply Chains to Admire report , over time, top performing supply chains plateau. In the evolution of today’s analytics most companies are evaluating concurrent optimization of transactional data. We are just beginning to understand how to use sentiment data and new forms of analytics.

Prescriptive Analytics Software 150

Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 150