Enterra Insights

JULY 9, 2021

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] Customers stocked up on food and other goods. Those dynamics helped boost U.S. Census Bureau. .”[2] ”[3].

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Logility

JANUARY 25, 2022

ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. s current Form 10-K and other reports and documents subsequently filed with the SEC. Logility, Inc.,

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 204

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

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

GlobalTranz

APRIL 6, 2021

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. COVID-19 triggered an unprecedented surge in panic buying of food, beverages, hand sanitizer, toilet paper, and other essentials.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Unleashed

FEBRUARY 21, 2022

As 2022 kicks in, the manufacturing sector is being shaped by technological change and the Covid-19 pandemic. Digital, connected and smart systems are on the rise, while at the same time manufacturers face challenges such as the ‘Great Resignation’ and clogged-up supply chains – as well as increasing demand for sustainable products.

Manufacturing Procurement 98

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

Enterra Insights

DECEMBER 16, 2021

One of the least welcome consequences of supply chain snarls and labor shortages is rising inflation — and the food industry has been impacted like every other economic sector. Food prices have been on the rise for months. ”[1] His prediction proved accurate. ” At the moment, that prediction appears optimistic.

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Pricing Training Purchasing Skills 130

Logistics Viewpoints

APRIL 7, 2023

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 billion) and food ($7.3 It’s also taking action against those caught selling them, according to the report.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 187

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Enterra Insights

AUGUST 19, 2022

Some of shoppers had their online purchases delivered to their homes while others opted to pick-up their orders curbside. ”[1] He also reported that curbside pick-up was gaining traction with online shoppers while home delivery was plateauing. Wells reports, “Online grocery sales in the U.S. year over year.[2]

Security 130

Security Manufacturing Procurement Purchasing Skills Procurement Analytics 130

Enterra Insights

AUGUST 19, 2022

Some of shoppers had their online purchases delivered to their homes while others opted to pick-up their orders curbside. ”[1] He also reported that curbside pick-up was gaining traction with online shoppers while home delivery was plateauing. Wells reports, “Online grocery sales in the U.S. year over year.[2]

Security 130

Security Manufacturing Procurement Purchasing Skills Procurement Analytics 130

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. Prior to the pandemic, few of us gave much thought to this relationship. Grocery stores were open and shelves were well-stocked. And who are they choosing?

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

Zipline Logistics

DECEMBER 1, 2020

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. Food trends had an interesting 12 months as things changed quite a bit throughout the course of COVID-19. Plant Products Continue Food Trend Prevalence .

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

The Logistics & Supply Chain Management Society

JULY 16, 2023

Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Supply Chain Shaman

FEBRUARY 27, 2020

Each survey that I do comes back with data as a major challenge. How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. I think one of the huge problems is that US-centric food companies (Kellogg, General Mills, Smucker’s, Conagra etc.) S&OP Challenges.

Analytics Software 242

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 242

USC Consulting Group

JUNE 3, 2020

This includes food and beverage suppliers, packers, and manufacturers. Indeed, the pandemic and resulting economic downturn have impacted several major organizations, and as a result, led to a domino effect resulting in back orders and food shortages. But the meat industry may have gotten the worst of it.

Inventory Reduction 64

Inventory Reduction Sourcing Strategies Material Savings Beverage 64

USC Consulting Group

MARCH 27, 2023

What’s on the road ahead for consumer goods manufacturing? Although the industry is multifaceted and varied, encompassing everything from household goods to food & beverage to apparel and more, most arms of the consumer goods industry are facing similar challenges. Economic uncertainty paired with rising costs.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

Enterra Insights

AUGUST 13, 2019

Long before there was anything labeled the digital path to purchase, legendary retailer Sam Walton stated, “There is only one boss. Today, people are no longer following a linear path from awareness to consideration to purchase. The customer. They are narrowing and broadening their consideration set in unique and unpredictable moments.

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. Customers are in control, and retailers who fail to accurately predict demand are doomed to fail.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

Logistics Network Optimization Software 185

Logistics Network Optimization Software Real Estate New York Logistics 185

Unleashed

JANUARY 29, 2024

An electronics manufacturer chooses to discontinue older or less fashionable design models, based on market trends and customer preferences. A food and beverage company decides to streamline its product portfolio, based on the nutritional value and environmental impact of its products. Reduced storage and supplier costs.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Unleashed

MARCH 19, 2024

In this issue: The latest in global supply chain news 5 secrets you can steal for better cash flow Growth advice from the founder of a healthy soda brand Job opportunities from Fujitsu, Tesla, and more In the supply chain headlines Manufacturing profit margins recovering. Learn more in the latest Manufacturing Health Index report.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Purchasing Skills 52

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. Add to that the dizzying pace at which new products and trends are promoted and spread online and via social media. retail stores.

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Enterra Insights

JUNE 7, 2021

”[1] Consumer Packaged Goods (CPG) manufacturers were not immune to this trend. ” For many consumers, the most important touch point they have on the digital path to purchase is their smartphone. .”[2] In fact, 85% of smartphone owners have reported using their smartphone on a shopping trip. ” 1.

Procurement Solutions 130

Procurement Solutions Manufacturing Procurement Procurement Analytics Supply Chain Design Software 130

Synovos

MARCH 5, 2024

Overhauled MRO Strategy Propels UK Food Manufacturer to Save Millions, Boost Productivity For most companies, the COVID-19 pandemic presented a significant challenge in managing operations. One food manufacturer based in the UK was among those to successfully manoeuvre through the pandemic and beyond.

Material Savings 98

Material Savings Inventory Reduction Cost Reduction Strategies Waste Reduction 98

Enterra Insights

JANUARY 31, 2023

The Future of Online Grocery Shopping Applebaum reports, “The trajectory of grocery e-commerce sales over the past two years is marked by several peaks and valleys, many of which were driven by factors directly related to the pandemic (vaccination rates, the delta and omicron surges, etc.). Gender Differences.

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

Supply Chain Matters

MAY 3, 2022

In this Supply Chain Matters commentary, we highlight the latest quantitative data related to global manufacturing PMI activity levels for April. Global Manufacturing Output Levels Declined. The Global Manufacturing Output sub-index reportedly dropped to a contraction value of 48.5 reported for March. reported for March.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

The Logistics & Supply Chain Management Society

JULY 20, 2020

Lockdown of cities and manufacturing plants have significantly impacted many industries’ supply chains. retail, e-commerce, food production). The rush to stockpile basic needs like food, beverages and toilet paper led to a dramatic increase in sales at retail outlets such as supermarkets. Efficiency and cost management.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Manufacturing Procurement 50

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 50

Enterra Insights

FEBRUARY 26, 2020

packaged goods manufacturer and retail business), wrote, “Depending on what you read, we’re either at a tipping point, on the verge of a meltdown or facing the retail apocalypse. At a Food Forward summit in Washington, D.C., Like other economic sectors, the grocery sector is not immune to changes in the Digital Age.

Predictive Analytics Software 100

Predictive Analytics Software Food Inventory Reduction Real-time Visibility 100

Enterra Insights

FEBRUARY 3, 2021

Like workers in the healthcare industry, workers in the food industry have served heroically on the front lines of the fight against the pandemic in order to meet the needs of the rest of us. Kari Hensien, President of RizePoint, observes, “The food industry has learned a lot this year — more than it bargained for. ”[3].

Trends 100

Trends Industrial Industry Vendor Strategies 100

Resilinc

AUGUST 3, 2021

These concepts can be hard to define and measure, and even harder to integrate into procurement. A small food or beverage brand, for example, can rely on suppliers’ certifications that their ingredients are “organic” or “fair trade.” And what consumers say on a survey is often different from what they actually do when shopping.

Sustainability 69

Sustainability Price Reduction Supply Chain Strategy Manufacturing Procurement 69

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Today, reverse logistics can no longer be an afterthought for manufacturers, but is instead an integral part of supply chain planning. What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

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. ” They note an MIT survey of apparel companies found vastly differing definitions of supply chain transparency across organizations.

Supply Chain Design Software 174

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

Enterra Insights

NOVEMBER 15, 2021

”[3] He adds: “ Analyzing the customer lifecycle allows you to better prepare your marketing, sales, and customer service teams to turn one-time purchasers into loyal promoters. Meanwhile, manufacturers have been passing along higher costs to the end consumer, who appears to be taking note and shifting their shopping behavior.”

Purchasing Skills 130

Purchasing Skills Supply Chain Design Software Procurement Solutions Price Reduction 130

Enterra Insights

OCTOBER 22, 2019

consumerism, with millennials aged 25 to 34 dominating that trend, according to a report … from consumer intelligence platform Resonate. adult online population or 77 million people, according to the report. Men and parents with young kids are most likely to be boycotting a product or retailer, according to the report.”

Waste Reduction 100

Waste Reduction Vendor Strategies Price Reduction Material Savings 100

Zipline Logistics

JULY 21, 2020

We are still only a few months into the global outbreak, but the impact the virus has had on consumer behavior has already altered the food and beverage industry. As noted above, US consumers have continued to spend their money on essential items like food and beverage products as well as retail goods. percent from the year prior.

Trends 52

Trends Retail Manufacturing Procurement Beverage 52