GlobalTranz

FEBRUARY 23, 2018

If a consumer wants to view a product on a smart device while in-store, they are 20-percent more likely to complete the purchase. It is the standard way consumers interact with retailers, so companies must turn their attention to how they can convert shoppers into final purchases. It is just shopping. Omnichannel is shopping.

Omnichannel 163

Omnichannel Course Supply Chain Design Software Supply Chain Planning Software 163

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. Kroger collaborates with thousands of food and beverage, health, beauty, and personal care companies to service roughly 2,800 stores.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Enterra Insights

JUNE 27, 2022

Department of Agriculture (USDA) has raised its 2022 food inflation forecasts again reports Jim Wiesemeyer ( @Jim_Wiesemeyer ).[1] 1] This means today’s grocery food price hikes are the highest in 42 Years. ”[2] Their research found, “Consumer prices for food, personal care, and household items are up 13.9%

Price Reduction 130

Price Reduction Purchasing Skills Manufacturing Procurement Food 130

Logistics Viewpoints

NOVEMBER 21, 2022

PepsiCo is a very big company, the second largest food and beverage company in the world. PepsiCo generated $79 billion in net revenue in 2021, with 23 food and beverage brands that generate more than $1 billion each in retail sales. Those brands include Pepsi, of course, but also Lay’s, Quaker, Doritos, Cheetos, and Gatorade.

Supply Chain Design Software 188

Supply Chain Design Software Purchasing Skills North America Resource Reduction 188

GlobalTranz

APRIL 6, 2021

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. COVID-19 triggered an unprecedented surge in panic buying of food, beverages, hand sanitizer, toilet paper, and other essentials.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. Of course, the human controlling capacity for actual AI is still far from realistic, but the concept of a superior AI did make strides this year. Artificial Intelligence.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Supply Chain Game Changer

SEPTEMBER 5, 2019

“Fish are friends, not food.”. Now… Is there something to be learned from this quote in Finding Nemo, that we can apply to procurement and sourcing? A gang of procurement and sourcing professionals with our backs up against the wall, and the fight is at our front door. Suppliers are our friends, not food!

Food 54

Food Negotiating Skills Optimal Sourcing Purchasing Skills 54

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Zipline Logistics

DECEMBER 1, 2020

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. Food trends had an interesting 12 months as things changed quite a bit throughout the course of COVID-19. Plant Products Continue Food Trend Prevalence .

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Supply Chain Game Changer

JULY 2, 2019

This interview is with Kristie Syndikus, VP of Procurement at Maple Leaf Foods. It was very easy to see early on that Kristie had a great aptitude for Procurement and Sourcing. Kristie Syndikus, VP Procurement at Maple Leaf Foods. How has the Business and Supply Chain changed over the course of your career?

Manufacturing Procurement 48

Manufacturing Procurement Procurement Analytics Purchasing Skills Procurement 48

Enterra Insights

APRIL 4, 2024

She explains, “Depending on which statistics you follow, consumers return something like a fifth of all purchases these days. The Returns Challenge Journalist Liz Young reports, “The National Retail Federation estimates more than $100 billion in merchandise was returned fraudulently in the U.S. That amounted to about 13.7%

Price Reduction 100

Price Reduction Supply Chain Strategy Cost Reduction Strategies Inventory Reduction 100

Enterra Insights

DECEMBER 17, 2021

For months, consumers have watched their budgets tighten as food prices have risen. Journalist Hillary Hoffower ( @hillary_tweets ) observes, “Americans’ pockets are hurting the most when it comes to food. ”[1] Unfortunately, most pundits predict food prices will only continue to rise. .”[1]

Price Reduction 130

Price Reduction Purchasing Skills Food Cost Reduction Strategies 130

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

Logility

APRIL 21, 2020

In fact, demand forecasts are used throughout the supply chain including supply chain design, purchasing, operations, inventory, and sales and marketing. The resulting forecast helped executive management set course and the rest of the organization execute against that direction. Faster response to risk. value-add forecasting today.

Forecasting 157

Forecasting Optimal Sourcing Forecasting Software Modeling 157

crisp

OCTOBER 20, 2022

In this guide, we’ll show you what metrics those are, easy ways to find them, and how you can use them to accelerate your brand’s retail growth. Now that you know how to access your retail data easily and often, here are the metrics you’ll want to keep on hand: Velocity. Retail data: A brand’s greatest asset.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

The Logistics & Supply Chain Management Society

MARCH 22, 2022

By integrating transaction information across all parties, the solution enables real time visibility of the entire logistics lifecycle from purchase order to shipment order, shipment execution, track and trace, and to financial settlement. Have a System of Record for Tracking Compliance and Identifying/Reporting Violations.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. 5 Key Metrics to Use for Scoring Supplier Quality Management (From LNS Research ). Cost of quality. The definition of this metric is similar to the way it sounds.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

Precoro

FEBRUARY 27, 2023

Where should you start when you want to create budgets, cut costs, or forecast future spending? After all, a clear picture of the company's procurement process is necessary to develop a sustainable future strategy and to avoid pitfalls that hold your business back. The answer is simple: spend analysis.

Analysis 52

Analysis Purchasing Skills Optimal Sourcing Procurement Analytics 52

SCMDOJO

NOVEMBER 9, 2023

The primary goal of inventory control is to reduce the costs associated with holding stock. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production. Inventory Control Techniques also help prevent issues like dead stock and spoilage.

Inventory Reduction 79

Inventory Reduction Expense Reduction Cost Reduction Strategies Optimal Sourcing 79

Enterra Insights

JULY 12, 2022

Food writer Simon Harvey ( @SidflashHarvey ) believes things are only going to get worse before they get better. He predicts, “Decades-high inflation rates in the western world are likely to get worse before they peak, presenting operational challenges right across the supply chain.”[1] ” I agree with Szatvanyi. .”

Modeling 130

Modeling Predictive Analytics Software Optimization Modeling Predictive Analytics 130

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Of course, today’s hot item can change on a dime. retail stores. The stakes are even higher when dealing with perishable products.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

ToolsGroup

AUGUST 12, 2022

In a world where customer expectations are higher (some food delivery services actually put the groceries right into your fridge), and where customers select retailers based on products being in stock and reliability of delivery, optimizing the customer experience is a must to stay on top. . Buy online and return in-store (BORIS).

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Logility

JULY 20, 2023

It’s crucial for your demand plan to be accurate because it’s used to set your procurement and manufacturing levels. If your demand forecast is too high, you’ll carry excess inventory, which will increase your carrying costs. It should also provide error metrics to help you understand how accurate each forecast is.

Supply and Demand 187

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 187

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

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Supply Chain Shaman

SEPTEMBER 10, 2020

Food and beverage companies are experiencing double-digit demand. Over the course of three decades, companies invested in enterprise systems to improve functional efficiency. Demand latency is the time from channel purchase to order receipt.) This issue is that the data models are enterprise-centric unable to use market data.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Logistics Viewpoints

JULY 9, 2021

During a normal Olympics, millions of spectators flock to venues to watch over 300 events unfold over the course of two-plus weeks. New aircraft purchases are focused around twinjets such as the Boeing 767 and 777. However, this year, like most everything during Covid, will be different. Rob Spilman Jr.,

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

Unleashed

OCTOBER 6, 2021

Set reorder points for your most frequently purchased items As your business grows, it can be difficult to keep track of the right time and stock level at which to reorder more products. Setting reorder points for the most frequently purchased items can help significantly improve inventory efficiencies and save costs.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Precoro

AUGUST 31, 2023

Recall how manufacturers had to limit their on-site staff due to coronavirus safety regulations; more recently, food production in Ukraine was disrupted, which in turn affected the sales channels of Ukrainian products and everyone around the world who uses or distributes them. In situations like these, every cent matters.

Material Savings 105

Material Savings Cost Reduction Strategies Expense Reduction Price Reduction 105

Enterra Insights

NOVEMBER 20, 2020

As we approach the Thanksgiving holiday in the United States, one of the things we are thankful for is the food that graces our tables. Their concern is not just the number of turkeys that will be purchased, but the size of turkeys that will be purchased as well. According to Farok J. Department of Agriculture.”

Turkey 100

Turkey Europe United States Food 100

Enterra Insights

MARCH 11, 2021

For example, Chris Campbell, Associate Content Manager at The Food Institute, reports, “Among the changes forced by COVID-19, the typical consumer lunch hour has shifted to in-home dining. adults have changed how they get their food and what they eat.”[2]. ”[1] According to Google research, “83% of U.S.

Manufacturing Procurement 130

Manufacturing Procurement Manufacturing MRPeasy Forecasting Software 130

Unleashed

NOVEMBER 16, 2022

The Manufacturers Health Check report shows SMEs in the UK, New Zealand and Australia were forced to hold record levels of stock in Q3 2022 – a response to billowing international lead times. We did this by analysing four key metrics: The average value of total stock on hand – reflecting the volume of goods held (plus impacts from inflation).

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction New Zealand Price Reduction 52

Global Trade Management

JUNE 12, 2023

And how do we know if the food is healthy? Sustainable supply chains emerged as a response to consumer demand for better information about the environmental impact of products, such as food and clothing, that they purchase. Of course, it's only a tiny part of sustainability. making false claims about sustainability).

Sustainability 52

Sustainability Supply Chain Strategy Supply Chain Software Manufacturing Procurement 52

Enterra Insights

NOVEMBER 15, 2021

”[3] He adds: “ Analyzing the customer lifecycle allows you to better prepare your marketing, sales, and customer service teams to turn one-time purchasers into loyal promoters. The goal is to make customers repeat their purchases by matching the value proposition to their needs. ”[5]. Become popular early; 2.

Purchasing Skills 130

Purchasing Skills Supply Chain Design Software Procurement Solutions Price Reduction 130

Enterra Insights

MARCH 4, 2021

” Of course, commuter traffic isn’t the only source of urban traffic congestion. Studies have shown that ridesharing services add to traffic congestion in cities and, increasingly, thanks to consumers using the digital path to purchase, delivery vehicles are creating all sorts of problems. The challenge of urban logistics.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Logistics Supply Chain Design Software Sourcing Strategies 100

American Global Logistics

OCTOBER 25, 2023

That’s why it’s important to steer your business on a steady course. This report has logistics-specific indicators critical to your business. Specifically, the index for all items less food and energy rose 0.3% The food index increased 0.2% The index for food at home increased 0.1% And the food index increased 3.7

Price Reduction 52

Price Reduction Inventory Reduction Cost Reduction Strategies Resource Reduction 52

SCMDOJO

APRIL 15, 2024

Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery. Business Solutions: Amazon Business – Marketplace offering tailored products and tools for businesses, including bulk purchasing and business pricing. Size: Can vary depending on location and volume handled.

Logistics Network Optimization Software 79

Logistics Network Optimization Software Inventory Reduction Sourcing Strategies Inventory Management Software 79

GlobalTranz

JANUARY 21, 2019

Of course, the best plans depend on the actions of yesterday. Amazon’s Dominion Grew Through Whole Foods, Brick-and-Mortar Space Amazon was a clear frontrunner in the 2018 peak shipping season, and a significant portion of their sales can be attributed to the rise of Amazon in the brick-and-mortar space. UPS processed more than 1.5

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152