Logistics Bureau

OCTOBER 11, 2024

Procurement has never played such an important role in the increasingly globalised economy. Has procurement fundamentally changed itself in the past 10 years? Strategic Procurement can mean totally different things in different industries and sectors. The time when Procurement was almost a synonym to Purchasing has long gone.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 98

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

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 124

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 124

Supply Chain Opz

NOVEMBER 9, 2014

To coordinate, contracts can be made with direct links in the supply chain, but how can organizations coordinate with the suppliers’ suppliers or the customers’ customers? However, commonly used KPIs used by supply chain executives are usually focused on logistics performance (e.g.,

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Supply Chain Planning 207

Supply Chain Matters

JANUARY 27, 2025

Mastercard , which utilizes tracking data related to all forms of payment transactions, excluding automotive sales, reported that retail sales increased 3.8 Mastercard reported that shopping for gift items was higher in 2024 with apparel sales increasing 3.6 Retail sales for the full 2024 year were reportedly grew 3.6

Procurement Analytics 52

Procurement Analytics Electronics Supply Chain Planning Retail 52

Veridian Solutions

FEBRUARY 11, 2019

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing.

Supply and Demand 74

Supply and Demand Modeling Supply Chain Execution Demand Planning Software 74

Logistics Viewpoints

JUNE 12, 2024

According to a survey by McKinsey, 93% of supply chain executives plan to increase their investments in resilience, and 47% of them consider automation and digitization as the top priority. Kongsberg purchased Rolls Royce’s autonomous marine division back in 2018 to help advance its position as a leader in this market.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Software Shipping Supply Chain Optimization 312

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

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 260

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 260

Supply Chain Matters

FEBRUARY 3, 2025

Specific Business Process Support Areas This newest advanced AI technology aims to span all areas of the supply chain, to include procurement, manufacturing, maintenance, inventory management, sustainability, planning, and product lifecycle management.

Supply Chain Planning Software 52

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

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 217

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 217

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

SCMDOJO

JANUARY 19, 2025

We conclude that different types of loans may help e-commerce supply chains. Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Growing Need for Larger Chains E-commerce has grown over the decade and is not showing any signs of stopping. in CAGR by 2030.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Expense Reduction Inventory Reduction 52

Supply Chain Shaman

MAY 5, 2017

Today, based on the use of traditional processes, companies cannot sense market shifts quickly and align their supply chain response. This ended when Gartner purchased AMR Research in 2010. Since I do not believe in the Gartner business model, I left. 2) Build an outside-in demand planning model to use channel data.

Supply and Demand 191

Supply and Demand Modeling Demand Planning Software Supply Chain Planning Software 191

Slimstock

MARCH 26, 2019

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. 4 Ways to Improve Procurement.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” A buyer now “purchases for one business.”

Procurement Analytics 100

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 100

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. And, this activity can’t take place in a vacuum.

Supply Chain Planning Software 100

Supply Chain Planning Software Quality Purchasing Skills Supply Chain Strategy 100

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

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

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

NC State SCRC

APRIL 2, 2023

Services that can be shared among the various business units of a company include finance, purchasing, inventory, payroll, hiring, and information technology. For example, a central headquarters might control all the hiring for an entire chain of retail stores. appeared first on Supply Chain Resource Cooperative.

Sourcing Strategies 52

Sourcing Strategies Resource Reduction Inventory Reduction Cost Reduction Strategies 52

Oracle SCM

NOVEMBER 1, 2017

Two years ago it was reported by CNBC that the inability to efficiently manage inventory cost retailers $1.75 And for the record, that’s did cost, not could cost. trillion due to inadequate inventory control as it relates to out-of-stock, overstocked, and returned inventory. trillion dollars.

Real-time Visibility 113

Real-time Visibility Supply Chain Planning Software Supply Chain Network Software Supply Chain Software 113

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. ”[4] Analysts from Shipchain add, “Understanding the future of the digital supply chain is essential to success.

Supply Chain Planning Software 100

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

GlobalTranz

SEPTEMBER 14, 2018

Today, more than half of the nation’s 140 retail chains in the top 500 offer omnichannel shipping and pickup options, and 72.1 percent of retail chains offer in-store returns of merchandise purchased online. Increase focus on returns’ management in omnichannel supply chains. LEARN MORE.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

ToolsGroup

MARCH 5, 2019

Gartner analyst Debashis Tarafdar says that the large size of a country (like India, China or Indonesia) can mean “significant polarization of population between urban and rural with distinctly different buying capabilities and purchasing preferences. The challenges can be multi-faceted: High logistical costs. Transfer taxes.

Supply Chain Planning Software 159

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 159

Supply Chain Matters

AUGUST 8, 2022

Global Supply Chain Pressure Index. According to the July 2022 Global Supply Chain Pressure Index (GSPI) , compiled and published by the Federal Reserve Bank of New York , overall pressures reportedly declined once again in July. This index was reported as 1.84 reported for June, and 2.59 reported for May.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

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 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

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 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. Our Rating: 4.9/5

Logistics Network Optimization Software 100

Logistics Network Optimization Software Six Sigma Optimal Sourcing Supply Chain Planning Software 100

Supply Chain Game Changer

NOVEMBER 10, 2018

Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction.

Optimal Sourcing 78

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 78

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 75

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 75

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

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

Talking Logistics

APRIL 26, 2016

There’s a perception among large multi-national corporations that there isn’t a TMS in the marketplace that they could get set up within a workable timeline and for a reasonable cost. Walt has managed several sales organizations and led Sterling’s supply chain execution strategy for the North American manufacturing market.

Supply Chain Planning Software 100

Supply Chain Planning Software Modeling Software Analytics Software Supply Chain Network Software 100

Supply Chain Game Changer

MARCH 13, 2019

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing.

Supply and Demand 59

Supply and Demand Modeling Demand Planning Software Optimal Sourcing 59