Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

Logility

AUGUST 12, 2021

Higher income, less waste, better quality, and improved food security are among the benefits of the farm-to-fork movement growing worldwide. After the COVID-19 pandemic exposed serious vulnerabilities, companies needed to take stock of their existing food systems. million gallons of milk daily. Preparing for Market-Driven Demand.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

Synovos

MARCH 11, 2024

The Benefits of Outsourcing MRO Integrated Supply Chain for Food Manufacturers When RS Integrated Supply first started managing Maintenance, Repair and Operations (MRO) for one US food manufacturer, the client was a fledgling company. “I Food production is, however, different to other areas of manufacturing in crucial ways.

Manufacturing Procurement 52

Manufacturing Procurement Food Manufacturing Material Savings 52

Ware2Go

APRIL 11, 2023

Learn how businesses of all sizes can help build a more sustainable eCommerce industry, with examples of environmentally friendly brands that are leading the way. Businesses are starting to take notice and more importantly, consumers are starting to notice and carefully consider the environmental impact of their online purchases.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Supply Chain Shaman

DECEMBER 7, 2023

Let me give you an example. Improve visibility across the networks that operate in self-serving business models. For example, change the business models so that Ariba must interoperate with GT Nexus, E2Open with Elemica, MPO (Kinaxis) with Nulogy, etc. A purchase order changes many times and needs synchronization.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

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

Supply Chain Shaman

SEPTEMBER 5, 2022

COVID is far from over and food instability, coupled with drought, is driving migration from Sudan to Europe. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. The second is there is no clear reporting on the cause and effect.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Enterra Insights

OCTOBER 19, 2023

… This shifting definition comes at a time when high inflation has posed financial constraints on shoppers, forcing many to be more prudent with how they spend their food dollars.” ” Moran reports that research by FMI, The Food Industry Association, agrees with PYMNTS research.

Price Reduction 130

Price Reduction Purchasing Skills Waste Reduction Procurement Analytics 130

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

Unleashed

FEBRUARY 15, 2021

From the continuing impact of the global pandemic to the ever-increasing importance of ‘transparency technology’ and sustainable practices, the food industry has its work cut out for it in 2021. It’s become even more important that businesses navigate multiple supply chains with food manufacturing software.

Food 93

Food Trends Industrial Industry 93

Jaggaer

JUNE 18, 2019

JAGGAER InsideSpend Thought leadership Series – In this blog series, we profile leaders in the procurement industry. We hope their insights and experiences inspire you to achieve greatness in procurement. A conversation with Walter Charles, Chief Procurement Officer at Biogen. . Procurement Trends in Manufacturing.

Procurement Analytics 40

Procurement Analytics Manufacturing Procurement Big Data Procurement Solutions 40

Supply Chain Game Changer

SEPTEMBER 5, 2019

“Fish are friends, not food.”. Now… Is there something to be learned from this quote in Finding Nemo, that we can apply to procurement and sourcing? A gang of procurement and sourcing professionals with our backs up against the wall, and the fight is at our front door. Suppliers are our friends, not food!

Food 54

Food Negotiating Skills Optimal Sourcing Purchasing Skills 54

QAD

APRIL 11, 2024

Artificial intelligence (AI) is one of the big “buzzwords” of 2024, which is a shame because the technology’s analytical capabilities have a lot to offer supply chain planners – if you can cut through the hype. Predictive analytics, demand planning and business forecasting have always been core functions for supply chain planners.

Predictive Analytics 72

Predictive Analytics Predictive Analytics Software Supply Chain Disruption Supply and Demand 72

Enterra Insights

MARCH 30, 2022

As a result, there are few relationships more important for the well-being of modern humans than the one between consumers and the grocery stores from which they obtain their food. For example, in the early stages of the pandemic, consumers bought many more cleaning products and shelf-stable foodstuffs than normal. ”[1].

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

BlueYonder

SEPTEMBER 8, 2022

In a series of blog articles, the Product/Solution Marketing team explores innovative solutions to guard against supply chain disruptions. Think Hurricane Harvey, for example, which prevented the accessibility of cities and prevented goods from moving in and out of cities. Transportation and Logistics Disruptions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Disruption Logistics Network Optimization Software Prescriptive Analytics Software 52

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. For example, Amazon’s Whole Foods business is now incrementally charging for delivery to offset increased delivery costs.

Predictive Analytics Software 312

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 312

ToolsGroup

AUGUST 12, 2022

In a world where customer expectations are higher (some food delivery services actually put the groceries right into your fridge), and where customers select retailers based on products being in stock and reliability of delivery, optimizing the customer experience is a must to stay on top. . Buy online and return in-store (BORIS).

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Supply Chain Shaman

JUNE 6, 2015

At the event, James Rice, MIT, spoke on innovation, and his reflections on Clayton Christensen’s 1997 classic business book, the Innovators Dilemma. This is disruptive innovation. The spark from Invention to Innovation is slow. Technology invention is happening, but the translation to innovation is slow.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

The Logistics & Supply Chain Management Society

MAY 28, 2022

A report also found that a fifth of the 2,000 largest publicly-listed companies in the world have pledged to pursue a net-zero strategy. A champion of green logistics, it partnered with Sembcorp to build a rooftop solar installation at their facility, Supply Chain City, at the heart of the Jurong Innovation District.

Sustainability 246

Sustainability Singapore Cost Reduction Strategies Vendor Strategies 246

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

Unleashed

MARCH 22, 2022

As an example, here are the criteria for classifying alcoholic drinks in the UK: The definition of no-alcohol beverages in the UK: In the UK, a no-alcohol or alcohol-free product is defined as one which has 0% to 0.05% Alcohol By Volume (ABV). Heineken, for example, is rolling out its 0.0 beer on tap in pubs in the UK in 2022.

Procurement Analytics 98

Procurement Analytics Inventory Management Software Industrial Industry 98

Unleashed

JANUARY 29, 2024

As a business strategy, SKU rationalisation helps you to reduce business costs, improve inventory management, increase operational efficiency, and enhance your brand image. A food and beverage company decides to streamline its product portfolio, based on the nutritional value and environmental impact of its products.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

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

RFgen

APRIL 12, 2024

Therefore, the goal is to optimize cost to optimize profits and catalyze growth. To start with, inventory costs go beyond the initial purchase price of goods. Hidden costs may accumulate after purchase if not meticulously monitored and managed. Next is the cost of storing the inventory.

Inventory Reduction 76

Inventory Reduction Cost Reduction Strategies Purchasing Skills Optimal Sourcing 76

SupplyOn

FEBRUARY 25, 2020

Tomasevic, Chief Procurement Officer of the AGCO Group. He emphasized the importance of smart farming with networked components and artificial intelligence, for example in the autonomous control of agricultural equipment. Challenges in agriculture Josip T. Software development and artificial intelligence play a key role here.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Optimal Sourcing Sourcing Strategies 40

Claritum

JUNE 13, 2019

Claritum Article - Procurement Blog. I took on the challenge of writing a condensed version of all the current Procurement challenges. I believe the issue with these articles is the broad range encompassed by the word Procurement and the constant change within this domain. Procurement Domain Name. Introduction.

Manufacturing Procurement 32

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 32

Supply Chain Shaman

SEPTEMBER 10, 2020

Food and beverage companies are experiencing double-digit demand. For example, Campbells Soup is struggling to keep up with the demand for soup, potato chips, and cookies. Demand latency is the time from channel purchase to order receipt.) This issue is that the data models are enterprise-centric unable to use market data.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

QAD

JANUARY 19, 2023

Supply chain management is typically broken into three large buckets of intricate processes and roles: Concept: the full cycle, from sourcing and procurement to fulfillment. This integration of supply and demand requires a special mix of business operations, procurement, accounting, and production.

Supply Chain Planning Software 95

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 95

Supply Chain Shaman

SEPTEMBER 24, 2018

They center on how to make a good decision in the purchase of supply chain planning solutions. Most have purchased software, but are dependent on Excel spreadsheets. Sadly, only 7% of companies test before purchase. ” There is a belief that the purchase from an ERP solution provider improves integration.

Supply Chain Planning Software 228

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 228

Unleashed

JANUARY 24, 2022

MRO inventory includes the equipment, tools and consumables that don’t go into a finished product but which you need to run a business MRO inventory examples MRO inventory includes consumables such as cleaning supplies, safety equipment, office supplies, tools, and spare parts. Take a comprehensive approach to MRO inventory procurement.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

QAD

FEBRUARY 8, 2024

The consumer is king in just about every industry, but this is particularly true in the world of packaging for consumer packaged goods (CPG) and food and beverage products. E-commerce, sustainability and digitization are driving packaging innovation at breakneck speed and giving way to new products that are sustainable, stronger and smart.

Packaging 94

Packaging Food Trends Sustainability 94

Cognira

FEBRUARY 12, 2024

The future of retail promotions is being shaped by innovative advancements, particularly in the field of artificial intelligence (AI). In this blog, we’ll explore the outlook for retail promotion management innovations, shedding light on the key trends that will redefine the retail promotion landscape this year.

Waste Reduction 52

Waste Reduction Inventory Reduction Retail Optimization Software 52

Enterra Insights

JUNE 18, 2019

The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.”

Manufacturing Procurement 100

Manufacturing Procurement Supply Chain Software Supply Chain Optimal Sourcing 100

Unleashed

FEBRUARY 21, 2022

There’s also an increased expectation that demand can be anticipated by the use of data analytics, artificial intelligence, and tracking of customer trends. According to this Deloitte report, transportation challenges are likely to continue through 2022 , and new strategies will need to be adopted to lessen the impact.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98

Logility

JANUARY 28, 2022

A 2021 McKinsey report suggests that COVID has put supply chain risk on everyone’s radar. That’s all well and good, but the report goes on to say that “significant blind spots remain.” One key finding: 85% of respondents indicated that they have shifted their purchase behavior toward sustainable products over the past five years.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 130

Enterra Insights

SEPTEMBER 16, 2019

Jennifer Furey and Rebecca Harris, attorneys at Goulston & Storrs, report, “Millennials are expected to inherit approximately $30 trillion in assets over the next 30 to 40 years. In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” traceability; and.

Supply Chain Design Software 174

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 174

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Food Drive-Thru Experiences. Historic processes are inside-out tightly integrated to orders and purchase orders. The Sleep Number’s Innovation Timeline for Supply Chain Redefinition.

Customer Service 285

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 285