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The Top 5 Skills Every Procurement Manager Needs

Precoro

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

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This Week in Logistics News (April 1 – 7)

Logistics Viewpoints

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 And now on to this week’s logistics news. It’s also taking action against those caught selling them, according to the report.

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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

A recent survey forecasts that retail sales will soar to $32.76 As retailers prepare to navigate this vast sea of potential sales, understanding the intricate world of logistics becomes imperative to streamline operations and enhance efficiency. In a way, this model is a win-win as it saves return logistics costs for retail businesses.

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This Week in Logistics News (February 25 – March 4)

Logistics Viewpoints

And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. And now on to this week’s logistics news. According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3

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Record Shoppers for Thanksgiving Holiday Weekend

Supply Chain Matters

According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period. According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period. on gifts, reflecting 70 percent of purchases. million shoppers visiting physical stores.

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

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Digital Path to Purchase Decreases Retailers’ Reliance on Holiday Shopping

Enterra Insights

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. Traditionally the holiday shopping season has been a make-or-break time for retailers.