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To build an outside-in model, and use new forms of analytics, we must start the discussion with the question of, “what drives value?” ” Traditional planning models optimize functional processes to improve cost and customer service. You are right. Or the use of AI to improve supply chain planning.
In May 2025, one in seven home-purchase agreements fell through resulting in the cancellation of 56,000 purchase contracts. Ask a procurement or transportation professional if they have a good demand signal and expect a laugh. Next week, I will be launching the Large Language Model–Ask Lora.
Pricing Structure Affordable pricing, with annual access to purchased courses and practical resources through Pro Plan. Practical Tools & eBooks Offers a variety of eBooks, templates, best practices , and practical tools. A general platform covering various subjects, including supply chain.
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!
Amidst this boom, some veterans of the AI industry question whether this cycle will be different, especially as some corporate entities report disappointing returns on their initial investments. His leadership style, emphasizing collaboration, innovation, and integrity, has fostered a culture of excellence within Exfreight.
Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.
In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!
It never ceases to surprise me when I hear how many enterprises entrust a mission-critical task to the desktop spreadsheet software Excel®. Consider the Supply Chain Insights report, Research in Review (Nov 2014), that states: “Many companies have five to 30 Enterprise Resource Planning systems and two to three supply chain planning systems.
The Checklist investigates how well e-commerce platforms deal with such areas as customer acquisition, supporting multi-store capabilities, managing costs, coordinating cross-border commerce, tracking inventory accurately, and other means of improving the customer experience. The Value of B2B e-Commerce. Are you getting the data you need?
Amidst this boom, some veterans of the AI industry question whether this cycle will be different, especially as some corporate entities report disappointing returns on their initial investments. His leadership style, emphasizing collaboration, innovation, and integrity, has fostered a culture of excellence within Exfreight.
Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. FREE EBOOK. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. FREE EBOOK.
Order our EBOOK HERE. Some procurement professionals can quickly identify their key, or champion, supplier partners. Listed as a top key finding in a 2020 WBR Insights report it was found that, “The top concern for procurement professionals is making buying decisions without the necessary insight” (WBR Insights 2020).
GET our EBOOK HERE. With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? 82% of the respondents reported a salary increase over the previous year. Only 8% over respondents had increases less than 2%, and only 2% of candidates reported a salary decrease.
Get Our EBOOK HERE. Lead time is the length of time it takes from when a purchase order is generated to when an item is delivered. You can use the extra money to buy stock or extend your marketing reach. If you are still manually entering data and purchase orders, consider shifting to an automated system. Subscribe Here!
Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.
Services Matias Offer on SCMDOJO Logistics Consulting Maritime Freight Sourcing and Procurement Logistics Technology Sourcing Executive Mentoring Guide: Matias, our supply chain consultant, has also created Maritime Freight Sourcing and Procurement Guide , which is available from SCMDOJO Academy.
Get Our EBOOK HERE. Case in point: research firm Gartner includes the speed of inventory turns as a key metric in its annual Top 25 List recognizing companies for their excellence in Supply Chain. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Defining the New Normal in Supply Chain!
The direct-to-consumer (D2C) model has been gaining popularity among customers for some time now as manufacturers get a lot more room to provide customized brand experiences that bring a lot more delight to consumers, which in turn strengthen brand loyalty. These sentiments reflect in the consistent growth of theIndian D2C market.
It currently just uses on-time metrics to grade suppliers and the store’s retail buyers can base purchasing decisions on a brand’s delivery performance. It is critical to leverage transportation analytics to get the most out of your operation. Those that cannot stay in excellent logistics standing risk losing shelf space.
This led to the adoption of total quality management (TQM), which served as the basis for quality and operational excellence in the United States. By utilizing a pay-as-you-go subscription, SaaS QMS software also reduces infrastructure expenses and large upfront software purchases that are associated with traditional on-premises platforms.
So waiting for customers to recognize and buy your products may only prove detrimental to your business despite your product or service quality. Who is most likely to purchase your product immediately? The latter will cause them not to buy your product that is intended to be an answer to their need. I know you ask.
Download Ware2Go’s eBook to effectively implement efficient warehousing and fulfillment processes that support the JIT approach. The cost of inefficient inventory management extends beyond storage fees—it impacts cash flow, slows growth, and can damage hard-won customer relationships.
Inventory Management Beyond the Mystery (Ebook). Goldratt and Jeff Cox convey lessons in improving processes and operational excellence through a story about a small-town factory that’s heading for disaster. He puts the supply chain at the heart of the relationship between costs, service and cash to offer a competitive edge.
Get Our EBOOK HERE. According to Red Points , consumers that had purchased counterfeits highlighted Amazon as a source for fakes. Amazon estimates that the tool removes 100x more copycat products than their existing process, based on brand reports. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.
Platforms to look into include: A CRM system A marketing analytics platform A way to connect your sales and accounting systems to marketing You may not be able to make some of these investments straight away, which again is okay. Common digital advertising channels Search Ads: Here you essentially purchase search rankings.
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