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Food Retail is all about working with speed, striving for agility, and mastering the art of customer delight – giving what they want, where they want, and when they want – all of this in a cost-effective manner. No wonder accurate and timely demand forecasting is the epicenter of focus for supermarket retailers. However, the COVID-19 pandemic has taught them a lesson or two.
Thanks to highly influential e-commerce giants, customer expectations are rapidly changing your fulfillment services. Customers are demanding quick and/or free delivery. Their demands translate to shrinking delivery timeframes, splitting inventory in multiple facilities, or relying on a third-party logistics company like BR Williams to provide fulfillment services.
Top five supply chain trends that you need to keep a close eye on over the next two to five years. The post Five Emerging Supply Chain Trends appeared first on Tecsys.
Natural disasters. Geopolitical events. Tariffs and trade regulations. The rise of ecommerce. The growing influence of social media. Prior to 2020, every supply chain in the world was challenged by increasing levels of demand unpredictability and market volatility. The sudden onset of COVID-19 only reinforced a lesson that supply chain professionals had already realized: uncertainty is the only real certainty.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
Earlier this month, C.H. Robinson announced a partnership with SAS to “unlock a new era of dynamic business planning for Retail and CPG companies.” Here are some excerpts from the press release: Until now, supply chain demand planning and shipping execution often worked in autonomous siloes without connection, digital integration, or real-time visibility.
PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Ivalua was honoured to provide some commentary on the survey results during a webinar with PWC in Sweden, as the 2020 survey is even more fascinating. The survey for 2020 delivers this level of insight but also provides special insight as responses to the survey were split between responses before the Covid
PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. Ivalua was honoured to provide some commentary on the survey results during a webinar with PWC in Sweden, as the 2020 survey is even more fascinating. The survey for 2020 delivers this level of insight but also provides special insight as responses to the survey were split between responses before the Covid
Food has become more than just a necessity; it is intrinsic to our society and culture, and has a big influence on the way we live our lives. The food and beverage industry has long been highly competitive, and in order to stay ahead in the market, key industry players are always trying to figure out what consumers will want next. More and more people are showing greater concern for the environment and sustainability has become an imperative, which suggests that innovative and environmentally-fr
In 2020, we saw the transportation industry’s resilience first-hand, as all parties of the supply chain navigated a challenging freight landscape to get goods to market. Freight demand surged to meet the needs of consumers and frontline workers, and shippers were forced to rely heavily on the spot market to secure capacity in a pinch. Read more A New Approach to Contract Freight: How Shippers Can Refocus Their Transportation Strategy in 2021.
ToolsGroup is how organizations achieve their target service levels while optimizing inventory—no matter how complex their supply chain is or how much demand changes. That way, they can be ready for anything. What makes ToolsGroup different? 1. Probabilistic forecasting: Instead of a single number, identify a range of demand outcomes and the probability of each of those outcomes occurring, so you can make educated trade-offs based on your business priorities. 2.
What is MRO? or What is MRO supplies? or What does MRO stand for in manufacturing? Or what does MRO stand for in purchasing? In this blog, I have tried to answer these questions. What is MRO? MRO (Maintenance, Repair, and Operations Supply) is an important part of most manufacturing and service businesses and. Continue reading. The post What is MRO?
How crazy would it be to launch an online video talk show focused on supply chain and logistics? I asked myself that question while cross country skiing many years ago. There’s something about being outside in the cold, surrounded by snow and woods, that brings out all sorts of ideas in me. That crazy idea. Read more Above the Fold: Supply Chain Logistics News (January 29, 2021).
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Introducing Inside the Founders’ Studio. Ryan Schreiber and Joe Lynch are launching a new podcast called Inside the Founders Studio. Ryan and Joe will interview founders, key executives, and innovators to understand what makes them and their companies successful. About Ryan Schreiber. Ryan Schreiber is the Director of Engagement at CarrierDirect in Chicago.
REDWOOD CITY, Calif., Jan. 27, 2021 /PRNewswire/ — Ivalua, a global leader in Cloud Spend Management solutions, and the International Association for Data Quality, Governance and Analytics (IADQGA) today announced a partnership to improve the use of data in procurement and supply chain decisions. Ivalua is now the inaugural gold level sponsor of the IADQGA.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Imagine a home that anticipates your every need. The front door unlocks the moment you approach, your fridge tells you when you’re low on certain foods, and the bathroom mirror analyzes your skin for health changes. It sounds like science fiction, right ? According to Berg Insight, a Swedish research firm, about 63 million homes in the United States alone will operate similarly as soon as 2022.
Direct-to-Consumer (DTC/D2C) sales took off when e-commerce became a reality. As consumers increasingly use the digital path to purchase, DTC sales become an important channel for many brands. The pandemic accelerated this trend. Karl Lauri, Managing Team Member at MRPeasy, explains, “The disabling of many conventional wholesale/retail market channels during the Covid lockdown has prompted many brand-owning manufacturers to bring forward plans to build Direct-to-Consumer channels.”[1
What is stopping your AP Team from Being Superheroes? During these tumultuous times, achieving AP automation superhero status may seem an impossible task, as you continue to battle disrupted supply chains, high costs and general chaos. Although it may seem hopeless, opportunity awaits with the right transformation strategies, and Invoice to Pay solution.
Large companies often use various solutions to manage hundreds of thousands of contracts and documents — covering years of work across the supply chain.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
The pandemic has caused a great deal of suffering to many people. More than ever, the crisis made the general public aware of the importance of supply chain management. In the beginning, many realized that supply chain disruptions can create problems with supplies of food, face masks, and medicine. Later, many recognized the importance of functioning SCM for vaccine distribution.
Technology is defined as the application of scientific knowledge for practical purposes, especially in industry. It’s a fool’s errand to believe that such a broad topic could be covered in a short article. To narrow the discussion, I will look at the technology trends identified by two of the world’s largest consulting firms — Deloitte and Gartner.
By Bryce Boothby (pictured). MPO Board Member. The post What Exactly Is a Digital Transformation – And Are You Doing It Right? appeared first on IT Supply Chain.
FourKites , a real-time supply chain visibility platform, announced a new alliance with Infosys, a global provider of next-generation digital services and consulting, to deliver supply chain process innovations and technology solutions.
What is Remote-Insourcing? Sounds like an oxymoron, right? Not anymore. Remote-Insourcing isn’t outsourcing—it’s a revolutionary staffing model that lets our clients fill key entry-level positions with top-tier, loyal, long-term talent, integrated seamlessly into their businesses—just like local employees but without the turnover or W2 HR hassles. With under 4% unwanted attrition, you train once and keep the same team for years.
Frédéric Lino EVP Purchasing and Supply Chain. Frédéric Lino obtained in 1990 a Diploma in Mechanical Engineering (Compiegne, University of Technology), completed in 1994 by a PHD in Biomechanics and Ergonomics (Paris Saclay). He also holds an Executive Master in International Purchasing Management from ESSEC Business School (2012). Frédéric began his career in the automotive industry as product manager for Renault-Dacia in 1999 before being appointed in 2006 Renault program director for the Mid
By Axel Schmidt (pictured). Senior Communications Manager, ProGlove. The post How Workplace Safety Promotes Efficiency appeared first on IT Supply Chain.
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