This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
The consumergoods industry may have experienced tremendous growth, but figuring out what consumers want is an ever-evolving puzzle. From where they shop and how frequently they buy to what price points entice them, consumer behaviors have been challenging to predict over the past year.
Strategic sourcing and innovative solutions are often viewed as two distinct procurement tools, but they should not be seen in isolation. Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. Done well, it can become a key driver of competitive advantage.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities.
Think your customers will pay more for data visualizations in your application? Five years ago they may have. But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.
Companies leaning heavily on global sourcing? manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy. Consequently, when shortages emerged, they had already secured alternative sources, thereby averting a significant disruption to production. For example, U.S.-based
auto parts are sourced from Mexico, making the tariff impact immediate and severe. are expected to rise by $3,000 to $12,000 per car, forcing manufacturers to either pass costs to consumers or cut production. Approximately 40% of U.S. Vehicle production costs in the U.S. Conclusion: A New Reality for Global Trade?
Companies that previously prioritized cost-cutting and centralized sourcing quickly found themselves exposed to serious production and distribution risks. In response, many organizations have shifted toward decentralized and regionalized supply chain models, distributing production and sourcing across multiple regions.
Mike is the Head of Intermodal Solutions at SONAR, the leading freight market analytics tool and dashboard, aggregating billions of data points from hundreds of sources to provide the fastest data in the transportation and logistics sector. Mike Baudendistel and Joe Lynch discuss the CPG supply chain.
This eliminates the need for lengthy back-and-forth communications and manual data entry by delivering a single source of truth. Instead of relying on slow-moving processes and outdated information, AI provides real-time insights to stakeholders across all departments.
We at Blue Yonder have the privilege of serving hundreds of consumergoods companies globally. Consumergoods companies are: Reviewing working capital investments and their CFO’s are speaking to us about our industry-leading multi-echelon inventory optimization. Integrated planning is a hot topic.
Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.
Why Traditional Demand Forecasting Falls Short in Aftermarket Supply Planning Unlike fast-moving consumergoods with predictable demand patterns, aftermarket parts planning requires highly specialized forecasting approaches.
This is combined with data from external sources on weather, logistics lead times, and sustainability performance. They are designed to have minimal impact on the performance of the underlying source systems. Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. I believe this claim.
Why Traditional Demand Forecasting Falls Short in Aftermarket Supply Planning Unlike fast-moving consumergoods with predictable demand patterns, aftermarket parts planning requires highly specialized forecasting approaches.
Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Price fluctuations and sourcing issues.
This week, I attended the ConsumerGoods Forum in Chicago. ” Source: SAP Website The Discussion Not Held on the Stage The main event at the Forum was not on the main stage. ” Source: SAP Website The Discussion Not Held on the Stage The main event at the Forum was not on the main stage.
In consumergoods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. Increasingly, forecasts are being improved by leveraging outside data sources rather than merely relying on a company’s internal historical shipment data. This increases sales.
Driver dwell is a key source of driver dissatisfaction and contributes to the driver shortage. Kimberly-Clark is public consumergoods company that generated over $19 billion in revenues last year. K-C needed one solution … to understand where loads are all across the organization” based on “one source of truth.”
Meanwhile, supply shortages and price inflation are getting the front page in consumer-focused publications and plenty of airtime on televised news. Many consumers, including myself, become irritated by the sight of empty store shelves where our favorite consumergoods are typically stored. Source: Descartes Datamyne.
You can be proactive and use c ausal f orecasting to leverage data you already own, model additional data sources that could help explain demand variability… or do nothing. . Phone * Company * Job Title * Zip Code * Source Asset Source Download ID. What Exactly Is Causal Forecasting? . Some Things to Bear in Mind .
Sources are cited indicating consumer return rates across China have risen to 60 percent on some platforms compared to prior levels of 30 percent as economically stressed consumers succumb to impulse buying. They are looking for more deals to get more for their money. All rights reserved.
Planners in China rely on different data sources and operate with different business practices than those in North America. If you take a big consumergoods company, you don’t need to just model products and customers,” o9’s CEO explained. “The There is no one source that can provide good sustainability data.
Nulogy, for example, is a platform for collaboration between consumergoods brands and their copacker and comanufacturing partners. Chris Castle, the vice president of product management at Nulogy, said that collaboration in the consumergoods industry was more even handed than in industries like automotive.
It’s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.
Source Wikipedia. The digital consumer often wants to shop online, pick up at the store, and conveniently manage returns. Each year I go to the ConsumerGoods and Technology (CGT) conference where speaker-after-speaker talks about retail/supplier collaboration. Definition: Brass tacks are a type of pin or nail.
There won’t be a new normal, just new sources of disruption, from weather to government policies to industry conditions. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supply chain disruption, regardless of the source. Price fluctuations and sourcing issues. Trade disputes and tariffs.
Serving leading companies in consumergoods, retail, discrete manufacturing, 3PL’s and management consulting across the globe, Starboard is the fastest growing Supply Chain Design Platform and the most current technology available in the market.
Unilever (NYSE: UL) is one of the world’s largest consumergoods companies. This multinational operates 280 factories and 500 warehouses, that source raw materials from 52,000 suppliers in over 150 countries, processes 25 million customer orders annually, that are then shipped to customers in over 190 nations.
Planning and optimization software, powered by mathematical optimization, can perform calculations based on all available data sources to generate optimal plans It will help your planners manage existing resources and constraints to meet your business goals.
Whether you represent a metal fabrication company, a consumergoods manufacturer or a paint, fiberglass or paper producer, you have several ways to make the operation a more sustainable one. Switch to Domestic Sourcing or Manufacturing. Here are a few of them: 1. Perform Energy Audits Regularly.
This is a universal shift that affects businesses up and down the supply chain, even manufacturers that don’t produce consumergoods. Part of a digital transformation needs to be creating processes and empowering employees to transform the data coming from various sources into actionable insights. Drive for Efficiency.
Blue Yonder recently brought together supply chain professionals in the ConsumerGoods and Life Sciences industries to network on how they are planning for challenges, overcoming obstacles as they occur and embracing technology as they look to the future.
ToolsGroup won the award for its deep supply chain planning expertise and cloud-based solutions for retail, manufacturing, distribution, consumergoods, aftermarket parts, and telecom industries. It was announced at Inspire 2022, the annual event dedicated to the Microsoft partners ecosystem. About ToolsGroup.
In a previous release of the Logility® Digital Supply Chain Platform, we touched on two core principles that we are returning to repeatedly as we think about how best to serve our customers: Most advantageous for our customers is the opportunity to be transparent with their customers; Customers expect to have their order fulfilled quickly, safely, (..)
a leader in supply chain innovation powering the sustainable and resilient enterprise, and The Parker Avery Group, a leading retail and consumergoods consulting firm, announced that they have formed a strategic partnership. ATLANTA (August 30, 2022) – Logility, Inc., We are very excited about this partnership. NASDAQ: AMSWA).
At this major consumergoods manufacturer, external market disruptions and internal changes (such as moving forecasting back and forth between Sales and Supply Chain) left them facing an array of demand planning process challenges. For example …. The initial forecast was perceived as being driven top-down by the budget goals.
Mars is one of the largest fast moving consumergoods companies in the world. Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning.
As shown in Figure 1, there are many types of networks: industry-focused networks, functionally focused networks (like sourcing and logistics) and specialized networks for discovery (marketplaces), product serialization, open innovation. I know of no-means to drive interoperability across make, source, and deliver in a multi-tier network.
It should deliver a single source of truth, live KPIs and continuous optimization capabilities so that you can evaluate outcomes and quickly determine the best course of action to meet your business KPIs.
Blockchain data can be a useful source of certified data to support the supply chain model or "supply chain twin". But, for instance, blockchain could validate the provenance of raw material in the food, medicine or consumergoods supply chain, a track and trace task that has been very difficult and expensive.
While Transplace did not report their revenue growth, they did put out a market update report where they wrote about key trends in the freight market: Demand remains strong with a continued surge in consumergoods manufacturing, retail shelf restocking, and a strong housing market. Carriers make more money when their trucks are moving.
Like many consumergoods companies, Colgate-Palmolive is taking steps to democratize analytics across the enterprise, including through investments within supply chain analytics engineers. Asda said it is experiencing “sourcing challenges” on some products that are grown in southern Spain and north Africa.
It combines tariff-specific inputs, sourcing logic, pricing levers, and demand modeling so companies can assess margin risk, teat strategies, and evaluate trade-off in seconds, not days or weeks. According to the announcement , Kinaxis Tariff Response builds on the foundation with a focused solution for trade disruption.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content