Logistics Viewpoints

DECEMBER 1, 2022

Source: Descartes Datamyne. Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. In 2023, consumers will be less forgiving and poised to buy from retailers whose delivery performance is commensurate with the rest of the shopping experience. Figure 1: U.S. Somewhat nailed it.

Predictive Analytics Software 199

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

ivalua

APRIL 7, 2022

Ivaluans, customers, sponsors, and prospects gathered at the exquisite Musée du quai Branly – Jacques Chirac to meet, exchange ideas, and collaborate in-person! Leader Forrester CLM for Buy-Side Contract Suites, Q4 2021. The goal is to sustainably create value and share that value with the Group’s entire ecosystem.”.

Procurement Solutions 130

Procurement Solutions Vendor Strategies Procurement Analytics Sourcing Strategies 130

SupplyShift

NOVEMBER 29, 2021

As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much needed frameworks and leadership.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

SupplyShift

NOVEMBER 29, 2021

As this scrutiny mounts, companies and countries worldwide are making tremendous strides to tackle the sustainability agenda, with organizations such as the Science Based Targets initiative (SBTi) and industry-accepted pledges like the Paris Accord providing much needed frameworks and leadership. The Sustainability Reporting Problem.

Sustainability 52

Sustainability Report Manufacturing Procurement Optimal Sourcing 52

crisp

APRIL 21, 2023

About Benefit Corporations A Benefit Corporation – or B Corp – is a certified business organization that meets exemplary standards for social and environmental responsibility, public transparency, and legal accountability set by the designating non-profit organization, B Lab. Good Food for Good was born with its own “buy one, feed one” model.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Supply Chain Design Software Modeling Software Food 52

SCMDOJO

JULY 3, 2023

Procurement training equips you to excel in the corporate world by teaching you everything from supplier dynamics to negotiating strategies. Choose between a broad overview of procurement and a focused course that focuses on certain topics like strategic sourcing, contract management, or supplier relationship management.

Purchasing Training 79

Purchasing Training Negotiating Skills Buyer Training Manufacturing Procurement 79

QAD

JUNE 29, 2023

This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers. Managing these aspects of NPI has a big effect on achieving good first-part quality as well as sustaining it.

Price Reduction 92

Price Reduction Sourcing Strategies Expense Reduction Resource Reduction 92

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

ToolsGroup

MARCH 25, 2020

Organizations that practice discipline and display confidence are rewarded with sustained advantage over their competitors long after the turn passes.”* Had they gone public (nice in hindsight), they could have had funds to ride out the dot.com era and to buy the company that bought them. Bad companies are destroyed by crisis.

Supply Chain Planning Software 168

Supply Chain Planning Software Optimal Sourcing Gartner Optimization Software 168

MIT Supply Chain

NOVEMBER 13, 2023

Another challenge described in the 2014 post we are still grappling with is ensuring that the supply chain profession has the right talent to meet its changing needs. One example is sustainability. Often, these reviews lead to the establishment of new sources in other geographies, reshoring, and friend-shoring.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

NC State SCRC

NOVEMBER 29, 2023

For nearly 100 years, Caterpillar has been helping customers build a better, more sustainable world. As their needs are changing, we need to evolve to meet those needs. Under Pam’s leadership, her organization is focused on creating and sustaining process efficiency within this complex environment. “My billion, Caterpillar Inc.

Supply Chain Planning Software 52

Supply Chain Planning Software Manufacturing Procurement Supply Chain Design Software Optimal Sourcing 52

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of New Zealand industry sources report that pet food suppliers sold? Surveys show that two out of five puppy purchases were directly?influenced

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

SCMDOJO

OCTOBER 27, 2023

Quality and Specification Negotiation: Ensuring that the procured products or services meet the required quality and specification standards. Sustainability and CSR Negotiation: Negotiating terms related to sustainability, corporate social responsibility (CSR), and ethical sourcing. The 8 Stages of Supplier Negotiation 1.

Negotiate Pricing 89

Negotiate Pricing Negotiating Skills Pricing Training Purchasing Training 89

Precoro

NOVEMBER 7, 2022

What different products or services does the staff need to purchase in order to produce pizza? Direct procurement , or direct spend , is the purchase of goods and services directly associated with the manufacturing of the company's final product. 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

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. A retail experience refers to how customers interact with your brand and how it makes them feel, which influences their decision to buy or not to buy. So, how exactly do you create an exceptional retail experience?

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

ShipBob

APRIL 22, 2020

Luckily, sustainable, eco-friendly packaging is on the rise. Green, eco-friendly packaging is here to stay, and businesses must be quick to catch up with new sustainable solutions. Meets cost and performance requirements. Sustainability has never been a more important issue, so it’s time to start breaking down the jargon.

Packaging 92

Packaging Purchasing Skills Waste Reduction Material Savings 92

Unleashed

JANUARY 4, 2022

But to sustain growth and stay one step ahead, businesses and brands need to further embrace and implement projected multichannel eCommerce trends. A subset of eCommerce, social commerce supports engagement with consumers, and elicits user-generated social contributions to assist the buying and selling of products and services online.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

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

Unleashed

MAY 15, 2023

Wholesalers and manufacturers need effective B2B strategies to sustain business growth and beat the competition. This allows you to engage with the right customers at the right time to combat high churn rates and sustain a loyal customer base. It can also highlight correlations between lead conversions and campaign sources.

Inventory Reduction 105

Inventory Reduction Sourcing Strategies Waste Reduction Manufacturing Procurement 105

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

ivalua

MARCH 18, 2021

Solution deployed in 10 days to improve direct material sourcing, increasing profitability. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials. The platform was configured in 10 business days to deliver rapid value in the sourcing of direct materials.

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Purchasing Skills Sourcing Strategies 130

SCMDOJO

DECEMBER 14, 2023

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

Purchasing Skills 74

Purchasing Skills Optimal Sourcing Negotiating Skills Sourcing Strategies 74

ThroughPut

FEBRUARY 23, 2024

With so many changing variables, excel sheets or human intervention alone can’t gain the level of visibility needed to forecast the future. Leveraging AI for demand forecasting means: You can analyze any amount of historical data and current trends from external sources to predict future demands more accurately. The solution?

Predictive Analytics Software 59

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

SupplyShift

JUNE 17, 2021

But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate sustainability has continued to mature beyond measurement and reporting toward more ambitious goal-setting. Often, these sustainability goals center on a company’s internal operations.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

SupplyShift

JUNE 17, 2021

But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate sustainability has continued to mature beyond measurement and reporting toward more ambitious goal-setting. Often, these sustainability goals center on a company’s internal operations.

Material Savings 52

Material Savings Supply Chain Design Software Supply Chain Planning Software Resource Reduction 52

EMERGE App

APRIL 5, 2024

This could involve streamlining the purchasing process, offering flexible payment options, or implementing hassle-free returns and exchanges. To position yourself as the preferred choice for customers, it’s crucial to ensure that they perceive exceptional value in the products they purchase from your company.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

SCMDOJO

FEBRUARY 29, 2024

Your supplier may charge you an agreed-upon price, but if the service is unmarked or the merchandise is of poor quality, you won’t be able to meet your savings goals. Others will have a purchasing or supplier management board at the senior management level. Price isn’t everything. Three key elements are suggested.

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

Logistics Viewpoints

NOVEMBER 8, 2022

The key to this lies with sourcing. Before diving further, let us define what sourcing is. Sourcing is the practice of finding and selecting suppliers for a range of services (e.g., Traditional sourcing practices tend to be highly manual and are fraught with latencies and inefficiencies. Digitalizing sourcing (i.e.,

Optimal Sourcing 205

Optimal Sourcing Material Savings Sourcing Strategies Sourcing 205

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Executive management is asking for quarterly miracles to reduce costs, yet they do not have the staff to properly conduct Request for Proposals for sustainable hard cost and soft cost reduction in dozens of areas. Another $1.5

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Intelligent Audit

MARCH 23, 2022

billion were impacted by more constrained inventory than expected, including some high-demand holiday items…,” Best Buy CEO Corie Barry said. In addition, the company is increasing its sourcing in Mexico and Central America and undergoing what it describes as an “end-to-end supply chain transformation.”. Q4 sales of $16.4

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Forecasting Agile and Lean Supply Chain 52

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. Bias and error.

Supply Chain Design Software 187

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 187

Supply Chain Shaman

DECEMBER 4, 2018

Meet Ernest. In his role, Ernest owns strategic sourcing, materials planning, customer care, and logistics operations globally. Historically, the Rockwell Automation supply chain organization included materials planning and engineering of new products but did not include strategic sourcing. The Result: Show Me the Money.

Supply Chain Software 30

Supply Chain Software Case Study Supply Chain Planning Software Supply Chain Design Software 30

ThroughPut

MARCH 25, 2024

This foresight enables businesses to balance supply and demand, ensuring they can meet customer needs without holding excess inventory that ties up capital and space. Customers expect timely product delivery, and consistently meeting this expectation is crucial for maintaining customer loyalty and trust.

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Oracle SCM

JULY 12, 2017

Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance. Companies must deploy dynamic planning capabilities and continually fine-tune operations to ensure responsive agility to meet changing demand. Strategy 5: Embed sustainability into supply chain operations.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Supply Chain Opz

AUGUST 2, 2018

Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service. In many organizations the challenge of multiple systems and disparate data sources is overcome through a combination of custom reporting tools, data warehouses and dashboards.

Optimal Sourcing 100

Optimal Sourcing Modeling Optimization Software Inventory Reduction 100

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. ” • Identify and eliminate sources of brand confusion. ” 2) Quality: “Will the item meet my taste/usage standards?” Is the purchase experience, atmosphere enjoyable?”

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

Jaggaer

OCTOBER 22, 2020

Attijariwafa Bank has successfully implemented a source-to-contract solution with the JAGGAER ONE platform. Taghrichte reported that JAGGAER had enabled it to maintain continuity of service throughout the pandemic while efficiently sourcing protective equipment for its staff at short notice.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Price Reduction Cost Reduction Strategies 52