Procurement Academy

OCTOBER 19, 2023

Advance Procurement Excellence with Expert Negotiation Strategies With procurement excellence comes multidimensional skills. By identifying cost-saving opportunities like bulk purchase discounts, they can significantly impact both an organization’s profitability and market competitiveness.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

Supply Chain Shaman

JULY 19, 2020

Excellent firms don’t believe in excellence – only in constant improvement and constant change. What Is Supply Chain Excellence? My second observation is that for 96% of public companies supply chain excellence is slip-sliding away. Reflections on Excellence. Tom Peters. Here, in this blog, I explain.

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

crisp

MARCH 24, 2022

We surveyed CPG teams using Crisp (and consulted our in-house product expert) for tips on data-driven retail marketing that makes a measurable impact. They can purchase (expensive) syndicated data, but that involves multiple players, multiple reports, and infrequent updates. A marketer’s best friend. But where do you start?

Retail 98

Retail Data How To Supply Chain Planning Software 98

Supply Chain Shaman

FEBRUARY 1, 2024

Peeling Back the Lid on Supply Chain World Salad In this world, where board discussions focus on eliminating waste and meeting corporate social responsibility goals, supply chain teams respond with projects like end-to-end planning, control towers, and real-time decisions. A major retailer has 33 instances of Manhattan.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Locus

MAY 2, 2023

But how do they ensure effective third-party deliveries and excellence in their e-commerce logistics operations, given that they outsource last-mile logistics to third-party providers? As time passed, retailers like Walmart came into the picture, selling all products of all brands under one roof. of total e-commerce sales.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Logistics Network Optimization Software Logistics How To 52

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. The type of retail experience speaks volumes about the quality of your products and how much you value your customers. So, how exactly do you create an exceptional retail experience? What is a retail experience?

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. 2030 call: Retailers will embrace sustainability for home delivery. Figure 1: U.S. Source: Descartes Datamyne.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

Locus

OCTOBER 7, 2022

A consumer survey showed that 55% of consumers will switch their retail brands if they find their delivery times are too slow. Technology solutions for last-mile fulfillment have emerged as the quickest, most practical way to meet these steep consumer demands. Below are key takeaways from the session “ Buy vs Build?

Logistics Network Optimization Software 52

Logistics Network Optimization Software Demand Planning Software Procurement Solutions Eliminating Excel in Purchasing 52

Cognira

OCTOBER 18, 2023

Navigating the Grocery Retail Profitability Storm How digital innovations transform the landscape amid industry challenges October 18, 2023 Promotions Home The grocery retail industry is at a crossroads, brought to the forefront by enlightening discussions during the Groceryshop 2023 sessions.

Price Reduction 52

Price Reduction Retail Expense Reduction Resource Reduction 52

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. They are impatient that they know more about pizza’s status for lunch before their zoom meeting than the inbound shipment status for their critical manufacturing run. Job satisfaction wanes as the days filled with an endless cycle of meetings, with many not useful.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

DELMIA Quintiq

NOVEMBER 3, 2014

Back in university, I was fully engaged with the topic of multi-channel retailing thanks to a marketing professor who had a long-standing passion for everything retail and digital. I learned a lot about omni-channel retailing and the customer’s way of looking at it. The new reality. Fulfilling the vision top down (i.e.

Supply Chain Design Software 222

Supply Chain Design Software Supply Chain Planning Software Modeling Software Retail 222

AIMMS

MARCH 8, 2016

It’s no mystery that some of the world’s largest retail chains are struggling to survive. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy. Key trends shaping today’s retail supply chain.

Price Reduction 156

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 156

BlueYonder

JANUARY 12, 2023

Recent reports have highlighted the challenges many retailers are having with excess inventory. With supply chain disruptions continuing, purchasing more stock in advance to meet the forecasted upturn in demand made perfect sense. So, what can retailers do about this? Forecasting ideal buy quantities is near-impossible.

Inventory Reduction 75

Inventory Reduction Price Reduction Waste Reduction Cost Reduction Strategies 75

AIMMS

MARCH 8, 2016

It’s no mystery that some of the world’s largest retail chains are struggling to survive. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy. Key trends shaping today’s retail supply chain.

Optimal Sourcing 120

Optimal Sourcing Sourcing Strategies Price Reduction Cost Reduction Strategies 120

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. The topic of the meeting was the logistics to launch of the AMR Research Top 25. The topic of the meeting was the logistics to launch of the AMR Research Top 25. Popular Beliefs on Supply Chain Excellence Do Not Align With Results. .

Gartner 235

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 235

Veridian Solutions

JANUARY 23, 2019

It refers to the ability to buy online and pick up in store. retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. Because retailers are increasingly going omnichannel as a result of the “Amazon Effect,” retailers have started using stores-as-a-distribution center (SaaDC).

Retail 49

Retail Eliminating Excel in Purchasing Omnichannel Procurement Analytics 49

ShipBob

OCTOBER 4, 2022

That’s where retail partnerships come in. In this post, we’ll take a closer look at how retail partnerships work, why you should consider utilizing them, and how to establish one that’s mutually beneficial. What is a retail partnership? Why (and when to) consider a retail partnership? Retail partnership challenges.

Retail 52

Retail Inventory Reduction Real-time Visibility Logistics Network Optimization Software 52

Supply Chain Shaman

NOVEMBER 15, 2023

Q3 is a tough quarter: the list of companies failing to meet revenue guidance will continue to grow. The question is, how can a company not meet guidance? The market tolerates an underperforming company that meets guidance more than a top performer that misses guidance.

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

Zipline Logistics

JANUARY 19, 2021

When shopping for freight rates, some retail shippers look at a number of options from various carriers for a given lane, sometimes opting for the cheapest provider. However, this is not always the case with orders going to retail destinations that have high service requirements. Retail Compliance Fines.

Retail 52

Retail Purchasing Skills Logistics Network Optimization Software Vendor Strategies 52

Vanguard Software

APRIL 30, 2021

Consumer shopping habits have changed significantly due to COVID-19, impacting retailers through 2020. Modern retailers need to adjust to anticipate what consumers will be buying, at what frequency, and through what channel. Breaking up with Excel: Digital Sales Planning Success with Concord Foods. Webinar: Register Now.

Inventory Management Software 40

Inventory Management Software Inventory Reduction Inventory Management Inventory 40

Zipline Logistics

MAY 18, 2021

For shippers working with retailers to bring their healthcare products to market, logistics has emerged as a reliable source of competitive differentiation. Working with a retail expert 3PL on a strategic level can improve logistics performance, offer more supply chain visibility, and boost profitability. .

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Retail 52

Logistics Viewpoints

SEPTEMBER 20, 2022

As a result, a wide range of businesses, from restaurants, and retail chains, to manufacturers, have been redesigning their business services and operations and re-engineering their supply chains. They can adjust quantities and generate supplier replenishment orders in PDF or Excel as needed. Emerging Themes for Supply Chain Planning.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Intelligent Audit

JANUARY 6, 2022

With the 2021 peak season now over, retailers saw a massive bump in spending. retailers experienced a 21% increase in their 2021 Black Friday sales, and mid-October data indicated sales would amass nearly $1 trillion, INC.com reported. As a result, the small retail e-commerce strategy needs to evolve.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 52

Veridian Solutions

JANUARY 14, 2019

It refers to the ability to buy online and pick up in store. retailers, up to 72 percent, lack click and collect capabilities, reports DC Velocity. Because retailers are increasingly going omnichannel as a result of the “Amazon Effect,” retailers have started using stores-as-a-distribution center (SaaDC).

Retail 40

Retail Eliminating Excel in Purchasing Procurement Analytics Omnichannel 40

BlueYonder

JUNE 13, 2022

Contrary to the predictions of many retail pundits, brick-and-mortar stores have not gone away. So how can retailers succeed in 2022? Most large retailers utilize OMS capabilities to better manage customer orders from click-to-collect. Hardline retailers are being challenged now more than ever before.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Eliminating Excel in Purchasing Demand Planning Software 52

Locus

APRIL 6, 2023

Because when it comes to end-to-end last-mile excellence, Logistics Runs on Locus. From enabling seamless retail omnichannel fulfillment to bringing cross-fleet synergies, our expertise in last-mile excellence can be leveraged for a wide range of industries and use cases. Visit us at Booth #113 Book a Meeting Now!

Gartner 52

Gartner Supply Chain Strategy Supply Chain Optimization Supply Chain Software 52

Logistics Viewpoints

NOVEMBER 4, 2021

According to a new study from Oracle, 84% of people say delays would cause them to cancel their order and 80% say it would cause them to stop buying from a brand altogether. It is important to have visibility across your whole supply chain to avoid out of stock situations and offer excellent service to customers.

Warehousing 201

Warehousing Inventory Reduction Supply Chain Network Software Inventory Management Software 201

Locus

MAY 15, 2023

According to a study, 55% of consumers prefer to buy directly from brands, and a further 40% of shoppers say they will purchase from a D2C brand in the next five years. They also want excellent service, which includes fast, increasingly on-demand delivery and hassle-free cancellation and returns.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Mitigation Strategies SCM Supply Chain Strategy 52

Supply Chain Shaman

JUNE 14, 2018

Bonuses and incentives align with functions and are often counter productive to driving supply chain excellence. Unfortunately, this PFEP “tune-up” often uses very time-consuming and manual Excel analysis that limits the frequency of optimization. It translates a buying requirement into a purchase order for requisition.

Optimal Sourcing 169

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 169

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. This increases sales. This sounds obvious.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

ShipBob

SEPTEMBER 29, 2021

These are all forms of retail logistics. This involves meeting them where they are, and giving them both the shopping and transportation options they want. . In this article, you will learn the ins and outs of retail logistics and tips on how to improve your logistics management process. What are retail logistics?

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

Precoro

JUNE 6, 2022

Suppliers can provide raw materials for manufacturing products or act as an intermediary between the manufacturer and the buying company. Sneakers are then sold to the wholesaler B and later distributed to the retailers C and D. In this case, manufacturer A is a vendor for B, and wholesaler B is a vendor for retailers C and D.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Reshaping the manufacturing world to meet new demands. Historical data method. Demand sensing method.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

GlobalTranz

JANUARY 7, 2016

Editor's Note: This is a two part series featuring Chuck Intrieri, who along with providing excellent insights over at his industry leading The Lean Supply Chain blog, is also a consultant who works with companies for Cost Reduction, Supply Chain Optimization, Logistics, Manufacturing, and 3PL Selection. It was called, “ The Short List ”.

Manufacturing Procurement 120

Manufacturing Procurement Manufacturing Eliminating Excel in Purchasing Purchasing Skills 120

Zipline Logistics

JULY 13, 2021

What was once believed to be a temporary disruption is leaving a lasting impact on the retail industry. As we hit the back half of 2021, let’s explore what current retail trends are doing to the freight market and how CPG brands are affected. While last month’s retail sales declined by 1.3% percent and 13.5

Trends 52

Trends Retail Cost Reduction Strategies Inventory Reduction 52

The Logistics & Supply Chain Management Society

APRIL 19, 2023

Through trade, countries are able to buy agri-food produce from other parts of the world that are not able to grow efficiently on their own land (or region) or are not in season. Second, the development of agri-food production clusters to increase agri-food production and meet local and regional agri-food needs.

Waste Reduction 130

Waste Reduction Food Resource Reduction Price Reduction 130