Precoro

OCTOBER 2, 2023

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. But hold on: are we sure that wasn't all possible with procure-to-pay, anyway?

Procurement Solutions 59

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Design Software 59

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain. Going Digital to Interact with Your Ecosystem.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Enterra Insights

APRIL 25, 2019

Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. ” Types of analytics. Predictive analytics — the type of analytics to which Petro refers — are one of four types of analytics now available to enterprises.

Predictive Analytics 124

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 124

Logility

JANUARY 26, 2024

Depending on who you ask, the answer can be anything from low costs and efficiency to a delicate balance between profitability and customer service. Enter our list of supply chain trends for 2024. The same holds for the supply chain organization.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Today, inventory fire sales abound.

Supply Chain Planning Software 235

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

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 76

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 76

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Matters

FEBRUARY 22, 2024

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their purchase decisions. Net income was reported as $30.4

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. Fifty-two percent of respondents are working on individual digital projects but lack an overarching strategy that links all these efforts.

Agile and Lean Supply Chain 268

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 268

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. For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

GlobalTranz

SEPTEMBER 14, 2018

Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground Competitive advantage is based on the ability of companies to offer products or services at reasonable, competitive prices. percent of retail chains offer in-store returns of merchandise purchased online. LEARN MORE.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ShipBob

FEBRUARY 26, 2024

It requires strategic supply chain planning and seamless communication to facilitate accurate forecasting and replenishment as well as efficient supply chain execution. The four phases of the CPFR model The CPFR model consists of four main phases. and then planning your inventory orders accordingly.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Oracle SCM

JULY 12, 2017

Supply chain executives were under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Companies tripped over themselves to build ecommerce portals, and one-click purchasing grew in relevance.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Supply Chain Matters

MARCH 6, 2024

Supply Chain Matters provides highlights and added perspectives to U.S. retailer Target’s recent reporting of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their household budgeting and in their purchase decisions.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

Supply Chain Matters

NOVEMBER 18, 2023

retailers, Walmart and Target , reported quarterly financial performance this week which provide a likely barometer to this current holiday sales and fulfillment period. based retailer Walmart’s report of financial performance for the quarter ending on October 27 was headlined with exceeding expectations on revenues and profitability.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

ToolsGroup

SEPTEMBER 13, 2016

Today’s blog analyzes how to compete in this multichannel environment that requires serving the customer in ways that remove the barriers that make consumers think twice about making the purchase. As a result, retail supply chains have to be extremely dynamic and flexible, operating at a high frequency.

Supply Chain Software 120

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 120

Logility

NOVEMBER 2, 2021

Technology Leader Gives Students Hands-On Experience With AI-based Supply Chain Execution Solutions. Logility recently added onto the experience, allowing students to dive further, learning how to source vendors, issue purchase orders and even track work-in-process and inbound shipments. ATLANTA – Nov. ATLANTA – Nov.

Supply Chain Design Software 130

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

Taulia

JULY 11, 2023

But supply chain initiatives can help businesses mitigate these risks and improve their ESG performance in the meantime. A 2023 report by Glow and NIQ shows that half of surveyed consumers changed the food and grocery brands they purchase based on ESG considerations, for example.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

Supply Chain Opz

JANUARY 3, 2022

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. He has an MBA from UCLA.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology.

Procurement Solutions 49

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 49

Supply Chain Matters

NOVEMBER 30, 2023

According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period. According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period. on gifts, reflecting 70 percent of purchases. million shoppers visiting physical stores.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Purchasing Skills Cost Reduction Strategies 52

Enterra Insights

JULY 14, 2020

Consumer behavior, even before the pandemic, was moving steadily towards the digital path to purchase. The pandemic forced many consumers to make purchases online that they normally would have completed in stores. ” That doesn’t mean they aren’t using the digital path to purchase — because they are. ”[7].

Omnichannel 100

Omnichannel Analytics Software Supply Chain Planning Software Predictive Analytics Software 100

6 River Systems

JUNE 10, 2019

However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. ” Meet Our Panel of Supply Chain Professionals: Trey Howard Emmanuel Frost Michael D. “We see first hand how supply chains fail due to…” Poor business continuity practices.

Sourcing Strategies 88

Sourcing Strategies Vendor Strategies Inventory Reduction Cost Reduction Strategies 88

BlueYonder

FEBRUARY 17, 2022

Followed by focus on big data analytics where companies began leveraging BI (business intelligence) tools for data-driven decision making. As we adhered to shelter-in-place orders from the CDC (Centers for Disease Control), each of us were purchasing more products and services online at a faster adoption rate than ever before.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Enterra Insights

JULY 31, 2019

The modern supply chain is mind-boggling. Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. With today’s treatment of data, the supply chain has never been better fit to suit evolving customer needs.”[4] ”[5].

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

6 River Systems

AUGUST 19, 2020

These are the two factors that are essential for the long-term sustainability of any retail business, and achieving them requires implementing smart supply chain management tips and strategies. Leverage big bata, analytics and optimization Supply chains were driven by numbers and statistics for a long time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 40

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Blue Yonder commissioned a study to examine the real-world financial benefits of advanced supply chain solutions, and the benefits are clear. While driving a projected $14.1

Logistics Network Optimization Software 187

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 187

Supply Chain Matters

JULY 5, 2023

Supply Chain Matters provides highlights and added perspectives to EV automaker Tesla’s reported production and customer delivery performance in Q2-2023. On the production side, the company reported that 479,700 vehicles were produced globally in the latest quarter. The Q2 delivery performance represented a 10.2

Price Reduction 52

Price Reduction Expense Reduction Inventory Reduction Sourcing Strategies 52

Supply Chain Matters

AUGUST 21, 2023

Retailers who proactively anticipated such trends and resized their inventory stocks seemed to have fared better. Q3 revenues will include the reported very successful two-day Prime Day shopping promotional held in July. reported a 6.4 They further point to changed online buying trends. billion and $8.5 billion, compared to $2.5

Pricing Training 52

Pricing Training Purchasing Training Inventory Reduction Expense Reduction 52

Supply Chain Matters

FEBRUARY 7, 2024

Supply Chain Matters provides highlights and perspectives of Amazon’s recently reported Q4 and full year 2023 financial performance. Total revenues rose 14 percent to $170 billion, which Bloomberg , in its reporting equated to the strongest online sales growth since the early days of the pandemic. percent to $276.8

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Supply Chain Network Software 52

Supply Chain Matters

NOVEMBER 21, 2023

On average, this survey estimates that holiday shoppers have completed one-quarter (25 percent) of their planned purchases. © Copyright 2021, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. percentage points. million) planning to shop, up from 69 percent in 2022.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Forecasting Supply Chain Planning 52

Kinaxis

AUGUST 12, 2015

by Kirsten Watson When considering what attributes supply chain leaders are most likely to possess, it’s easy to think first of hard skills—analytical prowess, technology expertise, and operations and economics knowledge quickly come to mind. Aligning tactics to strategy in planning and harmony with organizational culture.

Supply Chain Planning Software 100

Supply Chain Planning Software Quality Purchasing Skills Supply Chain Strategy 100

Vinculum

SEPTEMBER 12, 2022

Inventory controls, tracking, procurement management, and channel monitoring are standard features of warehouse management solutions. They also provide vendor and customer management, accounting, and business reporting tool integration. You can also cut inventory costs because purchases become more manageable.

Supply Chain Design Software 52

Supply Chain Design Software Inventory Management Software Optimization Software Logistics Network Optimization Software 52

ShipBob

SEPTEMBER 20, 2021

For many growing and established direct-to-consumer (DTC) brands alike, the supply chain is the most critical but also most challenging aspect of their operations. . The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52