Supply Chain Shaman

JUNE 7, 2021

Lately, as I reflected on my conversations with John (fictitious name) when I was at AMR Research, I yearn to go back in time. AMR Research was an industry analyst firm in Boston. Gartner purchased the firm in 2010.) Driving Improvements in Supply Chain Excellence. John and I held differing beliefs.

Gartner 198

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

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. Here we give you our top 10 wholesale distribution trends for 2022 and beyond. The question is: Where to from here?

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Supply Chain Game Changer

NOVEMBER 22, 2018

Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.

Manufacturing Procurement 63

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 63

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] Making the Best of a Growing Challenge.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

BlueYonder

MARCH 30, 2023

Have you had a chance to check out the Incisiv 2023 Omni-Channel Experience Index report ? This new research analyzes the latest market trends and consumer preferences to help you understand which capabilities retail leaders offer today. Costs & Payments Retail leaders understand that they need to provide value for money.

Real-time Visibility 88

Real-time Visibility Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 88

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

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. Online buying will fuel home delivery growth, challenges and new strategies.

Predictive Analytics Software 313

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 313

Logistics Viewpoints

DECEMBER 14, 2021

Millions of shoppers, like my Dad, are not going back to their old habits because there are now faster and more convenient ways for buying daily household needs. It excels on a union of E-Commerce mobile apps and last-mile delivery innovations. It also provides an excellent part-time employment opportunity with flexible shifts.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. In summary, halal supply chain management = halal excellence of supply chain processes.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

ivalua

JUNE 29, 2020

With rising costs and declining margins, health systems must become more efficient and productive. Eroding margins and depleting cash reserves: Not only is spending going up, margins are going down and cash reserves are depleting, this was a trend that began pre-covid-19. The Path to Supply Chain Excellence. Share on Twitter.

Supply Chain Planning Software 219

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Optimal Sourcing 219

Supply Chain Shaman

JANUARY 8, 2014

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. The research is the fun part of the process. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering.

Procurement Analytics 260

Procurement Analytics Manufacturing Procurement Metrics Procurement Solutions 260

Enterra Insights

MARCH 13, 2018

Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. Once being a ‘nice-to-have,’ applying analytics is now becoming mission-critical.”[1] We know from extensive research that decisions matter — a lot.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

Logistics Viewpoints

DECEMBER 1, 2022

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. The only bright note is that shipping costs will be a fraction of what they were over the last several years. 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

AUGUST 2, 2022

The report listed last-mile delivery solutions under the Slope of Enlightenment curve. Being named as a sample vendor, we feel validated in our tireless pursuit of excellence and innovation in one of the most challenging areas of logistics.” ” How last-mile technologies are making a difference.

Gartner 52

Gartner Network Design Software Supply Chain Design Software Logistics Network Optimization Software 52

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. Reliance on a few suppliers How you procure and manage your suppliers will impact how they perform.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Precoro

JULY 9, 2023

According to research by Ardent Partners in 2023, over two-thirds of invoices are linked to a purchase order, indicating that about one-third of invoices are not. While it may be tempting to assume that skipping purchase order creation speeds up the procurement process, the study emphasizes the disadvantages of such an approach.

Procurement Solutions 98

Procurement Solutions Procurement Analytics Purchasing Skills Eliminating Excel in Purchasing 98

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. From whom are we buying?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

Unleashed

AUGUST 29, 2023

How inventory management software works: Acquire inventory management software: A third-party software vendor is procured based on your business’s inventory management requirements. The purchasing manager can then create a purchase order for the required goods and send it to your supplier.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

Enterra Insights

MARCH 19, 2024

It takes real dedication to excel in the agriculture field (no pun intended). ”[3] The ACA also notes, “[In 2022, the] USDA Economic Research Service [reported] more than 22 million full- and part-time jobs were related to the agricultural and food sector, or roughly 10 percent of all U.S. employment. employment.

Food 130

Food America Optimal Sourcing Manufacturing Procurement 130

Unleashed

JANUARY 24, 2022

Laboratory equipment This MRO inventory is the consumables used in laboratories and any testing and research facilities. For example, you may look after PPE and office equipment in-house but have a supplier of maintenance equipment monitor this inventory on your behalf who raises purchase orders when stocks are low.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Unleashed

AUGUST 3, 2021

Here we provide an overview of the latest pet food industry trends, and answer the question: how can pet food manufacturers respond to changes in consumer demands to take advantage of these new trends? This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

ThroughPut

MARCH 25, 2024

This practice has evolved significantly from its historical roots, largely a game of educated guesses, to today’s data-driven approach that harnesses the power of advanced analytics. Demand forecasting predicts future customer demand using historical data and market analysis. What are the Benefits of Demand Forecasting?

Forecasting 52

Forecasting Forecasting Software Modeling Demand Planning Software 52

Precoro

MAY 6, 2024

According to research from Ivalua , suppliers often face late payments; as a result, they report having to extend or open lines of credit otherwise not needed (41%), delay delivery of products or services (34%), and increase prices or reduce discounts (33%). Plus, it enables buyers to capitalize on early payment discounts.

Procurement Solutions 105

Procurement Solutions Forecasting Software Optimization Software Procurement Analytics 105

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Enterra Insights

JANUARY 27, 2022

”[3] Below are some of the digital enterprise trends organizations can expect to see in 2022. Digital Enterprise Trends. Norton writes, “Analytics have powered much of the innovation of the last decade. It tells us what happened, explains why it happened, and predicts what will happen in the future.

Prescriptive Analytics Software 182

Prescriptive Analytics Software Trends Predictive Analytics Software Analytics Software 182

Supply Chain Game Changer

AUGUST 30, 2021

Goldratt and Jeff Cox convey lessons in improving processes and operational excellence through a story about a small-town factory that’s heading for disaster. It is about a research study undertaken by MIT students over a period of five years on the concept of lean production in the automobile industry, using Toyota as an example.

Agile and Lean Supply Chain 92

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Software Supply Chain 92

Supply Chain Shaman

JUNE 14, 2014

I think about this discussion with Keith often as I work on the Supply Chain Index and edit the chapters of Metrics That Matter. Our current processes and dependencies on Excel spreadsheets cannot get us to our goal. E2open last week announced the purchase of Serus. I believe that value is what you create. 3) Risky Business?

Optimal Sourcing 287

Optimal Sourcing Manufacturing Procurement Procurement Analytics Modeling 287

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

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. At the time, I started a research project on supply chain sustainability that culminated in my book “Balancing Green: When to Embrace Sustainability in Business (and When Not To)” (MIT Press, 2018). One example is sustainability.

Supply Chain Planning Software 97

Supply Chain Planning Software Modeling Purchasing Skills Supply Chain Software 97

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

Enterra Insights

FEBRUARY 12, 2019

The exceptions were goods purchased from mail-order catalogs. Andrew Chung, CEO of Innovo Property Group, explains, “[The] explosive growth of online purchasing and competition among online retailers has resulted in a race to reach consumers. The last mile of most traditional logistics’ journeys ended at a retail store.

Eliminating Excel in Purchasing 100

Eliminating Excel in Purchasing San Francisco Warehousing Logistics Network Optimization Software 100

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. Track the trends. Building New Structures Using New Building Blocks.

Supply Chain Design Software 150

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

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? While these changes in consumer behavior have been abrupt, the trend is likely to continue in the years to come.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Turvo

SEPTEMBER 24, 2021

On the surface, the Amazon Effect is the new standard of excellence that all customers have come to expect following the break-neck speed and low-cost, if not free, shipping associated with Amazon purchases. And consequently, the competition was disrupted and had to rethink their operations to compete.

Logistics Network Optimization Software 70

Logistics Network Optimization Software Supply Chain Software Supply Chain Network Software Eliminating Excel in Purchasing 70

ThroughPut

OCTOBER 7, 2022

While these changes in consumer behavior have been abrupt, the trend is likely to continue in the years to come. Most manufacturers prefer to leverage analytics data over traditional forecasting and time series techniques. Manufacturers can choose from an array of methods that can serve as a starting point to predict demand.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Enterra Insights

SEPTEMBER 29, 2021

Supply chain processes are not immune to this trend. The pandemic changed everything and reports (mostly bad) about supply chain operations and challenges are now liberally scattered amongst other news stories. Wong and Steinberg report, “Change in consumer demand is accelerating. Concluding Thoughts.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 130

Supply Chain Game Changer

MAY 27, 2022

The complete branding process includes the following stages: Research Strategy Design Implementation. The research stage aims to establish the current position of the brand. Also, research customers and staff to get a better insight into the current position. Research the market. Understand customer journey.

Sourcing Strategies 90

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