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Procurement and Supply Chain are Smarter Together – Practical Use Cases

Logistics Viewpoints

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Such sourcing events can be in the context of direct materials or logistics capacity.

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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

I also had the benefit of attending a beautiful location, The Diplomat Hotel in Hollywood, Florida. Dick’s Sporting Goods Beats Forecast in Q1 But Cautions on Inflation, Supply Chain. Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. I was sad to leave. What a view.

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Uncovering New Sources of Revenue in the Public Sector

ivalua

Innovating to Uncover New Sources of Revenue in the Public Sector. And most forecasters aren’t predicting an upswing, at least in the short term. . Step 1: Use eProcurement Systems as a Potential Source of Revenue. However, a smaller subset of these states have looked at eProcurement as a potential source of revenue.

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Why e Procurement Systems are the Secret Weapon for Public Sector

ivalua

Innovating to Uncover New Sources of Revenue in the Public Sector. And most forecasters aren’t predicting an upswing, at least in the short term. . Step 1: Use e Procurement Systems as a Potential Source of Revenue. Early pioneers of this approach include the states of Florida, North Carolina, and Virginia.

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Building Outside-In Processes

Supply Chain Shaman

On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. Customer sentiment technologies mine the patterns of unstructured text and use new forms of analytics to guide discovery on what matters to the customer. Bio-engineering?

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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. The Risk of Outdated Forecasting Software. Supply chain shortages, global events, and inflation all make it harder than ever for companies to accurately predict customer demand. Image source: Sturgis Journal.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

These technologies also contribute to a rise in big data and analytics in the logistics field. RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line.