Remove Demo Remove Packaging Remove Procurement Analytics Remove Sourcing
article thumbnail

CPG earnings report: Data technology tackles headwinds, helps meet demand

crisp

General Mills reported that ongoing value-seeking behaviors from consumers is influencing both the channels they shop and basket sizes, creating headwinds to the company’s margins. They see consumers making smaller trips to stretch their budgets, downsizing to smaller package formats, and buying more when products are on promotion.

article thumbnail

The Hitchhiker’s Guide to Digital Procurement!

Supply Chain Game Changer

Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Navigating the complexity of the global supply chain as a procurement professional can sometimes feel like taking a walk through the Amazon without a compass, or entering into outer space without an oxygen tank. Don’t Panic!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why You Should Choose Companies with Green Supply Chains

EC Sourcing Group

A green supply chain reduces the harm that may occur at any stage of the procurement cycle—production, purchasing, logistics, material management, or distribution. Best Sourcing Software : How Supply Chains Become More Sustainable. Are materials and products sourced from ethically run businesses? Profit increase.

article thumbnail

Scope 3 emissions, Explained

crisp

The article demystifies the complexities of scope 3 emissions reporting, offering key tips to stay ahead of regulatory changes and satisfy stakeholder demands. Until recently, reporting scope 3 emissions – which include indirect sources that organizations contribute to – has been optional. In 2010, the U.S.

article thumbnail

Now or Never: Why Supply Chain Sustainability is Non-Negotiable in 2022

Locus

billion metric tons—the emissions have rebounded in 2021 and 2022. Source: Statista.com. Planning : Processes are designed to reduce emissions and meet demand with ethical sourcing. Circular supply chains are supported, and end-of-life scenarios are predicted. Ethical sourcing of goods. Green packaging.

article thumbnail

Finished Goods Inventory: Definition & Formula

Unleashed

In accounting, finished goods inventory is the specific number of inventory or manufactured items that you currently have in stock available for customers to purchase. Finished goods inventory is reported as a current asset on your balance sheet. These raw materials can be purchased from suppliers or extracted from natural resources.

article thumbnail

How to Use Information Technology in Supply Chain Management

EC Sourcing Group

However, the use of information technology in supply chain management has streamlined the world of procurement and purchasing through supply chain management, cloud software, and other types of IT that help boost supply chain efficiency. Cost reduction. Automation of the supply chain has resulted in resources (i.e.,