Remove Eliminating Excel in Purchasing Remove Logistics Remove Policies
article thumbnail

Turn Off the Fog Machine: Move Past Groupthink to Drive A Positive, Data-Driven Narrative

Supply Chain Shaman

Examples are consensus forecasting, the evolution of the SCORE model, the Annual State of Logistics Report, and the Gartner Top 25. Let’s use the 2024 State of Logistics Report , “Navigating Through the Fog,” as an example. During the pandemic, logistics was a constraint. business logistics costs totaled $2.3

article thumbnail

Retail Supply Chain Management: A Guide

Logistics Bureau

That’s why retailers place so much focus on buying well. Next we have the inbound logistics costs. These costs are part of the broader logistics services that ensure products are delivered to the right location at the right time, addressing uncertainties faced by retailers. Then we have in-store logistics.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The New Procurement Reality: Managing the Supply Chain with Artificial & Human Intelligence

Jaggaer

She works with supply chain leaders to take teams to higher levels of excellence and is an influencer with more than 340,000 followers on LinkedIn. How often do your purchase orders change? For example, if your supplier is on wafer-thin margins, it may be bulk purchasing in order to reduce costs, leaving it with excess stock.

article thumbnail

Spare Parts Management in 2025: Data-Driven Strategies for MRO Teams and Maintenance Leaders

ThroughPut

MRO Teams: MRO teams must coordinate with suppliers, manage global logistics, and ensure that spare parts are available across dispersed locations. Differences in customs regulations, transportation infrastructure, and language barriers can delay shipments and complicate logistics, especially for critical or time-sensitive part.

article thumbnail

Modernizing MRO Planning: How Leading Companies Are Transforming Maintenance Supply Chains

o9 Solutions

The consequences are familiar: excess inventory, chronic stockouts, urgent purchases, high logistics costs, and little visibility into whether supply is aligned with maintenance demand. As one put it: “We still use a lot of Excel because the traditional tools we have are not flexible or user-friendly enough.”

article thumbnail

Why the Supply Chain Matters to Business Success

Logistics Bureau

That should be sobering news for any business not yet focused on supply chain excellence as a lever for business success. Select one strategic logistics partner and build a long-term, close relationship. Place your main inventory holdings close to your logistic partner’s central hub.

article thumbnail

The Impact of ESG on Supply Chain Decisions | Afflink

AFFLINK

Green Logistics & Carbon Reduction Decarbonization has become a procurement priority. Ethical sourcing ensures that suppliers adhere to human rights principles, prohibit forced or child labor, and operate with fair wages and safety policies. Here’s a look at the most influential developments shaping procurement decisions today.