Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Near or re-shoring sourcing strategies will be evaluated to “shorten” supply chains and gain greater control of supply chain performance.

Predictive Analytics Software 312

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 312

Supply Chain Shaman

NOVEMBER 15, 2023

PWC’s Digital Trends in Supply Chain Survey reports that 83% of manufacturers say that supply chain technologies have not delivered the expected results. The trend is clear. For example, only 22% of medical device products complied with GS1 standards during the pandemic. For this blog post, never mind the comparison.

Supply Chain Planning Software 397

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 397

Supply Chain Shaman

JUNE 21, 2023

For example, the Gartner Top 25 celebrates the accomplishments of Intel (active with Gartner), but in the analysis in Table 1, Nvidia Corporation and Taiwan Semiconductor (TSMC) clearly outperform Intel in the Semiconductor Industry. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical.

Gartner 360

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 360

ToolsGroup

JUNE 10, 2022

Several factors contribute to customer loyalty, but providing excellent customer service—and a top-notch experience–is one of the most important in driving retention. Here’s a look at six customer experience examples to help you maximize long-term customer loyalty. 6 Examples of Excellent Customer Experiences.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

Supply Chain Shaman

JUNE 7, 2021

Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. He felt strongly that supply chain leaders knew how to drive supply chain excellence and needed a forum– or maybe two or three depending on the business model– to help them network and refine their approaches. I disagreed.

Gartner 198

Gartner Supply Chain Design Software Supply Chain Planning Software Eliminating Excel in Purchasing 198

Talking Logistics

APRIL 12, 2017

Logistics Excellence: Now & in the eFuture. As I wrote last June, investments are rising in Supply Chain Operating Networks and Descartes is a prime example of this trend in action — a trend that I predict will continue to gain momentum in the months and years ahead. Will this include drone deliveries?

Supply Chain Planning Software 116

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software 116

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? He had been with this company for decades and built not only the sales network, production, but also worked in systemizing supply chain and sourcing (in the hundreds of millions of dollars). Landgraf, CEO at Above the Standard ( [link] ).

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. For example, manufacturers have had to alter business models to be able to accommodate the change in consumer behavior. 84% of consumers have purchased a sustainable product in the past six months, which is up from 67% in 2021.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Jaggaer

MARCH 18, 2020

To get the details on big data and augmented analytics, download the Gartner report, How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. . Sourcing with Big Data. Walt Charles’s philosophy on the modern state of sourcing is that it is artificially limited by the tools that teams are using.

Big Data 59

Big Data Analytics Software Optimal Sourcing Sourcing Strategies 59

The Logistics & Supply Chain Management Society

APRIL 19, 2023

A good example is the Netherlands, which is a very small country in Europe, but with its fertile river delta and with an estimated 80% of its land dedicated to farming and cheap natural gas to heat its greenhouses, it has been able to become the world’s second largest agriculture exporter.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130

Resilinc

FEBRUARY 20, 2024

In our Q&A, Shahzaib discussed predictive AI, which is used for supply chain disruption monitoring, hurricane simulators, commodity predictions, supplier screening, and predictive purchase orders. For example it has been used to: Diagnose breast cancer with the same accuracy as radiologists when given mammograms that show signs of cancer.

Predictive Analytics Software 95

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 95

SCMDOJO

JULY 3, 2023

It goes beyond the concepts found in textbooks by providing real-world examples and useful advice. Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. What is procurement and purchasing Lesson 2. Procurement and Purchasing Cycle Lesson 7.

Purchasing Training 80

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 80

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Acting as the last link selling products or services directly to the end customers – companies or individuals – the vendor receives a fee from the customer for sourcing the product tailored to his needs.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

QAD

OCTOBER 26, 2023

In the United States for example, many companies have been considering – and some already taken – strategies like near-shoring and reshoring. For companies concerned with operational excellence — and profitability — this needs to change and many need to address global trade management complexities.

Supply Chain Disruption 94

Supply Chain Disruption Supply Chain Software Supply Chain Strategy Modeling 94

MIT Supply Chain

NOVEMBER 13, 2023

Some events and trends driving the supply chain’s standing back in 2014 remain just as influential in 2023. One example is sustainability. For example, graying populations will create more demand for home-based services, requiring companies to develop supply chains that extend into the home.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

Precoro

NOVEMBER 7, 2022

Continuing in the line of food establishment examples, let's consider a local family pizzeria that you visit after a long day at work. What different products or services does the staff need to purchase in order to produce pizza? Typically, direct purchases are made in large quantities to get a bulk discount.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity. The answers to these Muslim consumer needs and wants are in the alignment of the corporate halal maturity with these halal market trends and embracing more advanced halal standards by brand owners.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

QAD

JUNE 29, 2023

Those should include all aspects of the product’s life cycle, including dimensional characteristics, performance, durability, assembly, maintainability, serviceability, sustainability and sourcing. Take PennEngineering for example. By gathering and using knowledge from past projects, your team can avoid repeating the same mistakes.

Price Reduction 94

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 94

SCMDOJO

APRIL 4, 2023

Purpose of Supply Chain Analytics What are some examples of Supply Chain Analytics? To accomplish this, supply chain analytics collects, analyzes, and synthesizes data from a wide variety of sources. What are some examples of Supply Chain Analytics? Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. Purchasing vs Procurement When it comes to the procurement department, it’s essential to understand the difference between purchasing and procurement.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

Supply Chain Game Changer

MAY 27, 2022

Let’s look at the examples of effective brand strategies that helped these brands become what they are today. These examples demonstrate the essential elements for making an effective brand strategy. For example, the purpose of Google is to provide access to the world’s information without exclusion. Source: Google.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

Supply Chain Game Changer

AUGUST 5, 2021

In 2021, procurement organizations will require inspirational, innovative, and pragmatic leaders to ensure procurement excellence. Classification and segmentation of the supplier base is a necessary activity in order to know who you buy from, and why you buy from them. 4 tsp | Supplier Segmentation.

Supplier Management 98

Supplier Management Optimal Sourcing Sourcing Strategies Vendor Strategies 98

Locus

NOVEMBER 28, 2022

Even before the pandemic, online shopping trends had grown significantly across the globe, and since the pandemic, the growth of online shipping continues to maintain an upward trajectory. One such example is the Middle East. As generations go by, so does the buying behavior of consumers. Watch our webinar. Schedule Demo.

Omnichannel 52

Omnichannel Retail Optimal Sourcing Logistics Network Optimization Software 52

Vanguard Software

APRIL 22, 2021

Supply chain sustainability is defined as embedding environmental, social, or corporate governance considerations as raw materials are sourced, converted into products, and delivered to the market. Breaking up with Excel: Digital Sales Planning Success with Concord Foods. Webinar: Register Now. Download Webinar Recording.

Supply Chain Planning Software 40

Supply Chain Planning Software Sustainability Supply Chain Software Optimal Sourcing 40

Supply Chain Game Changer

APRIL 15, 2020

I don’t know about you, but I typically frequent the same store; the ICA in Täby, Sweden, and I’m there once every other week to buy groceries for the coming two weeks. Source: Deloitte CPO Survey 2019. Below are some outlets that are trustworthy sources of news, content, reports, and conversations: LinkedIn Groups.

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Talking Logistics

OCTOBER 15, 2018

When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Especially since many retailers have already purchased and shipped their goods ahead of the looming tariff changes.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

ThroughPut

FEBRUARY 2, 2024

This technology sifts through complex data to forecast potential disruptions and market trends, allowing companies to plan ahead instead of reacting in the moment. Real-World Examples of Advanced Supply Chain Analytics According to Gartner, by 2024, 50% of supply chain companies will have adopted software with advanced analytics capabilities.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Alloy

FEBRUARY 4, 2024

It gathers and stores a tremendous amount of data from various sources, including customer transactions, loyalty card data, online interactions, and market trends. The purchase of Market6 was an effort by 84.51° to fill this gap, and in some ways it did. There are large meals to prepare, stockings to stuff, and presents to buy.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Kinaxis

OCTOBER 25, 2017

Over the past few decades, companies have realized that the way they bring products to market – from sourcing parts and services, to manufacturing, to shipping, to distribution – isn’t just a practical necessity, but an avenue for competitive advantage. Instead of only using Supply Chain terms like fill rate, inventory turns, etc.,

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 111

Supply Chain Shaman

JUNE 2, 2020

Supply chain management as a discipline—a set of flows combining the processes of source, make and deliver together to drive value– is relatively new. Here is an example. Here are some examples: What was the product mix of the shipments? Identify and test market data, and validate the trends through testing.

Supply Chain Design Software 259

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 259

ThroughPut

MARCH 25, 2024

Easy Identification of New Market Opportunities Demand forecasting plays a crucial role in spotting emerging trends and market opportunities before they become apparent to competitors. STEP 2: Data Analysis Once data is collected, the next step is to sift through it to identify patterns, trends, and anomalies.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Unleashed

OCTOBER 16, 2023

This guide explores the ins and outs of managing raw materials in a manufacturing business, with examples and actionable tips for improving your processes. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Can you perform raw material inventory management in Excel?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

DECEMBER 2, 2020

Let’s talk about how you calculate the reorder point for your products (with some examples) and how you can use it in your business. Example 1: Becky’s bakery. Calculating the reorder point in Excel. Calculating the reorder point in Excel – a caveat. Example 2: The reorder point for retail and distribution.

Procurement Analytics 85

Procurement Analytics Manufacturing Procurement Inventory Management Software Procurement Solutions 85

ThroughPut

FEBRUARY 23, 2024

Even as some supply chains are struggling to harness the power of AI for multiple reasons , some others are already setting great examples. With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. The solution? AI for supplier relationship assessment.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

AIMMS

MARCH 8, 2016

What are these companies doing differently and what trends should retailers look out for? Key trends shaping today’s retail supply chain. Today’s shopper prefers to buy online and get products delivered at the best possible time and place, resulting in key shifts in the supply chain. Let’s take a closer look.

Price Reduction 156

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 156

Supply Chain Shaman

APRIL 7, 2016

While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. For example, should customer sentiment data feed into quality systems?

Supply Chain Design Software 150

Supply Chain Design Software Supply and Demand Supply Chain Planning Software Supply Chain Network Software 150