Precoro
FEBRUARY 11, 2022
Efficient purchase order management helps to have essential business needs covered while engaging as few resources as possible. Once a supplier approves the purchase order, it becomes a legally binding document. Purchase order process is an integral part of a procurement cycle as a whole. Let’s dive deeper.
Logistics Viewpoints
JUNE 1, 2023
Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions.
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Synovos
JULY 24, 2023
In addition, RS is supporting its suppliers in working towards and achieving their own ESG goals by launching a supplier ESG action plan and handbook. A short video explaining RS’ ESG solutions is available here. RS is also aspiring to grow this range to 100,000 products globally by 2024/25.
Logistics Viewpoints
DECEMBER 15, 2022
ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most. The medium-term solution might be to enhance the assortment with alternatives. Traditionally, this has been done by ranking the products based on sales performance.
ToolsGroup
FEBRUARY 7, 2022
Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories. Brands must begin to wrap their heads around these immersive virtual spaces and plan their corporate metaverse strategy or run the risk of falling behind.” Data source: eMarketer.
DELMIA Quintiq
JUNE 20, 2016
The ability to act fast by recognizing the splintering of customer segments into smaller and smaller chunks goes hand in hand with counter-strategy of personalizing each service with relevant touches. Thus my case of the shipping industry taking a page out of the retail industry handbook. They employed big data concepts with gusto.
Logistics Bureau
SEPTEMBER 22, 2016
Designing and Managing the Supply Chain: Concepts, Strategies and Case Studies, by David Simchi-Levi et al. Logistics Management and Strategy: Competing through the Supply Chain, by Alan Harrison and Remko Van Hoek. Purchasing and Supply Chain Management, by Robert M. Supply Chain Logistics Management, by Donald Bowersox et al.
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