Enterra Insights

JUNE 22, 2023

With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

Unleashed

SEPTEMBER 17, 2022

As an accountant or advisor you’ve likely been considering whether to offer – or expand your offering – in sustainability reporting for your clients. In this report we look in to the trend for sustainability reporting, and explore the pros and cons of offering sustainability reporting in an accounting practice.

Sustainability 90

Sustainability Procurement Analytics Report Purchasing Skills 90

ShipBob

OCTOBER 16, 2023

How to calculate reorder points ShipBob keeps reorder points simple Reorder point formula FAQs Maintaining proper inventory levels is an elegant dance that must balance consumer demand and supplier reliability. Implementing reorder points allows you to trigger a new order so you don’t get close to running out of inventory.

Forecasting Software 98

Forecasting Software Inventory Management Software Demand Planning Software Supply Chain Planning Software 98

EMERGE App

FEBRUARY 22, 2019

But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory. What is Inventory Carrying Cost? Why Do Businesses Carry Inventory?

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Purchasing Skills Inventory 75

The Logistics & Supply Chain Management Society

JULY 20, 2020

Eisenhower who was the 34th President of the United States from 1953 until 1961. Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Cyber Physical Systems (CPSs) are key enablers for Industry 4.0. Decision Making.

Agile and Lean Supply Chain 230

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

Logistics Viewpoints

AUGUST 14, 2023

Thomson Reuters purchased the global trade compliance vendor Integration Point in 2018. The other types of penalties involve not paying a high enough duty by not using the proper Harmonized System commodity classification. If a company agrees to put in a GTS system and improves their processes the fine is waived.

Global 177

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 177

Supply Chain Shaman

SEPTEMBER 10, 2020

A moderately-priced new home in the United States now costs an additional $16,500. Builders in my area are pre-paying for lumber to hold prices at the cost of $250,000/house. Over the course of three decades, companies invested in enterprise systems to improve functional efficiency. The impact? Rising Complexity.

Supply Chain Planning Software 416

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 416

Logility

APRIL 9, 2020

Transaction focused Enterprise Resource Planning (ERP) system and spreadsheets do not provide the capabilities needed to efficiently and effectively respond to major disruptions. Cognitive systems excel at locating knowledge, developing an optimal solution, eliminating bias, compressing process times, and dealing with repetitive decisions.

Supply Chain Planning Software 190

Supply Chain Planning Software Supply Chain Design Software Supply Chain Disruption Agile and Lean Supply Chain 190

crisp

SEPTEMBER 6, 2023

The article demystifies the complexities of scope 3 emissions reporting, offering key tips to stay ahead of regulatory changes and satisfy stakeholder demands. This system has tracked and helped reduce roughly 85% of the nation’s direct emissions. Example: The tea company purchases a new truck and factory. In 2010, the U.S.

Procurement Analytics 52

Procurement Analytics Manufacturing Procurement Waste Reduction Supply Chain Design Software 52

Supply Chain Opz

JANUARY 29, 2020

Anyway, the access to this database costs an arm and a leg. Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. These universities produce outstanding SC research and some of them are from the top supply chain management course and program in the United States.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. We have used Lean process systems and swim-laned ourselves to death. They are primarily focused on cost management on new purchase decisions.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

ShipBob

SEPTEMBER 25, 2023

THC and is legal in the United States.* With that being said, a plethora of laws have been put in place that you need to be aware of, both federally and at the state level. Federal CBD laws There are no federal laws in the United States that prohibit the sale of CBD (as long as you make sure your products contain less than 0.3%

How To 98

How To Demand Planning Software Supply Chain Planning Software Analytics Software 98

Enterra Insights

MAY 3, 2018

Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ” Once a consumer completes his or her digital path to purchase (i.e., ’ They simply just shop.”[1]

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Negotiating Skills Buyer Training 96

Enterra Insights

JANUARY 14, 2019

Douglas Pitassi ( @DouglasPitassi ) explains, “[During the first part of the 21st century,] thousands of stores were opened across the United States, but in more recent years, the advancement and popularity of the internet have taken these stores into a roller coaster of competition, where it truly has become survival of the fittest.”[1]

Trends 100

Trends Retail Predictive Analytics Software Supply Chain Software 100

Supply Chain Matters

MARCH 5, 2022

Founded in 2014, this Boston based robotics technology firm leverages capabilities that are described as mimicking human hand-eye coordination, leveraging machine-learning to a vision system on a gripper and allowing mechanical fingers to bend and twist around objects to perform piece-picking tasks. Global Health Exchange Acquires Syft.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. Regardless of what it was (new tube of toothpaste, dog treats for your pup, or a new filter for your water purification system), logistics is the system behind getting it into your hands. Inventory management. Resting on laurels of traditional systems and processes.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

OptiProERP

NOVEMBER 14, 2023

Gain Additional Customers In 2024, many consumers and businesses will make purchasing decisions based on a company’s commitment to sustainability. This involves optimizing processes to reduce overproduction, wait times, unnecessary transportation, and excess inventory , which not only conserves resources but also saves money.

Manufacturing Procurement 52

Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 52

RFgen

MARCH 12, 2024

In inventory management, the FIFO (First-In, First-Out) method takes center stage, offering a performance of unmatched clarity and efficiency in the world of stock control. Imagine your inventory as a flowing river, where the oldest water—your earliest products—moves forward to be used first, ensuring nothing stagnates or loses its relevance.

Inventory Management Software 81

Inventory Management Software Inventory Reduction Inventory Management Material Savings 81

Supply Chain Shaman

FEBRUARY 25, 2016

Dear Supply Chain Leader, Today, sitting in my seat in 11K on a Cathay Pacific flight between Hong Kong and Boston, I want to report that there is no Easter Bunny. Today I also want to report that, based on over a decade of scientific discovery, traditional supply chain practices are not best practices. There is also no Santa Claus.

Supply and Demand 150

Supply and Demand Prescriptive Analytics Software Supply Chain Design Software Supply Chain Planning Software 150

Logility

MARCH 30, 2020

A major fire in China has a different impact than a major earthquake and tsunami in Japan, a volcanic eruption in northern Europe or a category 5 hurricane in the southern United States. With a demand-side disruption like a recession or a pandemic, customers will drastically change their purchases and adjust their inventory positions.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Disruption 130

Locus

JUNE 3, 2022

billion metric tons—the emissions have rebounded in 2021 and 2022. It forced three semiconductor plants to shut, causing a microchip shortage for the auto industry and severing the state’s vital supply chain links for three days. More time and energy is spent on forecasts to reduce inventory that is no longer in use.

Negotiating Skills 52

Negotiating Skills Negotiate Pricing Purchasing Skills Optimal Sourcing 52

EMERGE App

APRIL 5, 2024

The picture of wholesale distribution industry in 2024 The report from Research and Markets forecasts that the wholesale market size will reach $68,092.65 Simply, warehouse costs encompass labor costs, facility expenses, and the costs associated with technology or other operational necessities needed to run it.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

Enterra Insights

SEPTEMBER 17, 2019

Author Michael Blanding ( @michaelblanding ) reports on the work of two researchers, Mercedes Delgado, professor at Copenhagen Business School, and Karen Mills, a Harvard Business School Senior Fellow, and how they unearthed a source of better jobs hidden in plain sight. The supply chain economy.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 100

Precoro

NOVEMBER 20, 2023

Their dedicated teams are driven by four core values: Commitment to patients Scientific curiosity Integrity Teamwork Opna Bio SA’s team decided to implement purchasing software during the company formation to ensure smooth operations. Odallo also processes all purchase orders and sets up new suppliers in the system.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Biotech Optimal Sourcing 52

Precoro

APRIL 22, 2024

million businesses in the United States qualify as small businesses, making up 99.9% Finance operations , also known as financial operations or FinOps , are activities and systems necessary for processing and tracking financial resources and transactions. After all, purchases are a large part of company finances.

Optimal Sourcing 105

Optimal Sourcing Negotiating Skills Procurement Solutions Resource Reduction 105

GlobalTranz

AUGUST 18, 2015

Companies based on assets have had years of experience in purchasing trucks and managing warehouse inventories. What Data Analytics and Business Process Strategy Services Are Offered? Shippers report capacity as their top concern for selecting a 3PL service provider, specifically 65 percent of surveyed shippers.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Analytics Software Company Predictive Analytics Software 120

Gravity Supply Chain

MAY 20, 2022

As this new global economic system grew, a corresponding supply chain—complex, powerful, virtually unquestioned—became its structural support system. Within a matter of months, a finely-tuned global system met its match in a virus that quickly spread around the world via now-routine international travel.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Supply Chain Matters

MAY 13, 2022

Online commerce platform provider Shopify , often compared to Amazon in the ability to support small and mid-sized businesses create and maintain an online shipping presence, announced thi9s week its intent to acquire end-to-end online logistics San Francisco based fulfillment provider Deliverr for a reported $2.1 billion.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Network Software Logistics Network Optimization Software Supply Chain Software 52

ThroughPut

MARCH 23, 2020

It also puts pressure on our supporting systems (government, communities, hospitals, businesses, supply chains, etc.) Part 1: The Impact of a State of Emergency on the Supply Chain, Disruption to Businesses, Daily Life, and unnecessary Waste. – Creating Waste and taking away Productive Capacity from the System.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

ThroughPut

MARCH 23, 2020

It also puts pressure on our supporting systems (government, communities, hospitals, businesses, supply chains, etc.) Part 1: The Impact of a State of Emergency on the Supply Chain, Disruption to Businesses, Daily Life, and unnecessary Waste. – Creating Waste and taking away Productive Capacity from the System.

Supply Chain Design Software 59

Supply Chain Design Software Supply Chain Software Agile and Lean Supply Chain Waste Reduction 59

GlobalTranz

MARCH 4, 2015

We are lucky to also feature the great supply chain of Staples, who recently purchased Office Depot. In the first project, Whitman faculty and students will analyze fulfillment operations and make recommendations regarding how Staples can further improve its inventory and distribution decisions.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 120

ThroughPut

JULY 28, 2020

As the largest home improvement retailer in the United States, Home Depot is an excellent example of a business powered by an evolving global supply chain. The Home Depot story above highlights an aspect of supply chain inventory optimization to drive business growth. The customer is truly empowered. Data Demons.

Supply Chain Optimization 98

Supply Chain Optimization Price Mitigation Strategies Network Optimization Optimization Software 98

GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 ” Walmart states early on. Walmart uses its mammoth purchasing power to shape suppliers’ behavior which also drives down costs, Gartner said.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Requis

NOVEMBER 18, 2020

Today, as the founder and managing partner of USM Supply Chain Consultants she has put her expertise in supply chain, procurement, finance and project management to work to help her clients achieve greater profitability. In the end-to-end supply chain there’s procurement, logistics, operations, and warehousing.

Optimal Sourcing 52

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

Enterra Insights

MAY 13, 2020

Numerous reports confirm the coronavirus pandemic has motivated business leaders to consider new ways to leverage technology and automation to lessen their company’s exposure to human-related crises. Bloomberg reporters insist, “Battered and bruised, supply chains [are shifting] to recover-and-survive mode.”[6]

Supply Chain Software 100

Supply Chain Software Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain 100

SupplyPike

MARCH 23, 2020

It’s frustrating having to either purchase a different brand of the product you are looking for or to forgo purchasing the product altogether. Walmart has over 4,700 stores in the United States alone and 42 regional distribution centers (not including grocery or import centers). Why is replenishment essential?

Forecasting Software 52

Forecasting Software Supply Chain Planning Software Forecasting Procurement Analytics 52