Enterra Insights

DECEMBER 16, 2021

Food prices have been on the rise for months. Back in April 2021, journalist Ben Popken ( @bpopken ) wrote, “Shoppers had better start budgeting more for their groceries, according to the latest consumer price index [CPI], which shows prices are increasing — and they’re likely to keep going up.”[1]

Supply Chain Design Software 130

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

ToolsGroup

DECEMBER 20, 2021

Image source: Bloomberg. With senior management at major importers attributing earnings and missed sales to these challenges, the bottom line is that the products took longer and cost more than was projected. Higher container costs , resulting in container-by-container decisions on what to ship. The result? .

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Enterra Insights

DECEMBER 7, 2022

.” For consumers, Smialek noted, understanding inflation is easy: “Inflation is a loss of purchasing power over time: It means your dollar will not go as far tomorrow as it did today.” ” What the authors are trying to explain is how much purchasing power a specific amount of money had relative to today. .”[2]

Purchasing Skills 130

Purchasing Skills Scenario Planning Policies New York 130

Enterra Insights

SEPTEMBER 14, 2023

If it continues, that dynamic will prevent a recession from taking hold, though at the cost of leaving household balance sheets more fragile.”[6] Americans spent more on groceries, dining out, services such as housing and more as price pressures remained modest.”[8] ”[7] What Does This Mean for Holiday Shopping?

Supply Chain Planning Software 130

Supply Chain Planning Software Procurement Analytics Predictive Analytics Software Journal 130

Supply Chain Opz

NOVEMBER 12, 2016

This can only be achieved by the knowledge and skills of the team. Then companies try to motivate staffs to continue developing their skills on regular basis. For both entry and executives, the self-study method has proven to be a cost-effective option. Anyway, the access to this database costs an arm and a leg.

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

Supply Chain Matters

NOVEMBER 2, 2023

The announcement stems from a memo sent from Flexport CEO Ryan Petersen sent yesterday, and subsequently reported by The Wall Street Journal , TechCrunch , GeekWire and other outlets. Earlier this month the tech company announced the layoff of 20 percent of the company’s global workforce.

Logistics Network Optimization Software 59

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Supply Chain Matters

AUGUST 16, 2023

In a mid-January posting , we alerted our readers to reports that Rivian fell short of its 2022 vehicle production goal and that several top executives had departed the company, including the company’s purchasing head. billion loss, thus there was a bounce effect in the company stock price on the news. Net loss was reported as $1.2

Supply Chain Design Software 52

Supply Chain Design Software Price Reduction Cost Reduction Strategies Supply Chain Planning Software 52

Logistics Viewpoints

JANUARY 4, 2023

ARC Advisory Group’s Global Warehouse Automation Research study is now complete and available for purchase. Emerging market businesses have historically been hesitant to adopt automation due to the low labor costs in their regions. Numerous media sources have noted warehouse automation project cancellations. Growth Inhibitors.

Supply Chain Software 258

Supply Chain Software Warehousing Supply Chain Planning Software Purchasing Skills 258

Resilinc

OCTOBER 12, 2021

Mike Beckham, CEO of bottle and travel mug manufacturer Simple Modern, told the Wall Street Journal that a major Chinese supplier in Quzhou City had been forced to cut its workweek to four days and trim its electricity usage by a third. To meet the surging demand, including early holiday purchases, China’s exports to the U.S.

Pharmaceutical 62

Pharmaceutical Purchasing Skills Supply Chain Planning Software Supply Chain Planning 62

BlueYonder

OCTOBER 6, 2017

This week: Whole Foods is cutting prices and it’s hitting Trader Joe’s hard, Whole Foods has already sold approximately $1.6 This week: Whole Foods is cutting prices and it’s hitting Trader Joe’s hard, Whole Foods has already sold approximately $1.6 Whole Foods is Cutting Prices — And it’s Hitting Trader Joe’s Hard.

Price Reduction 88

Price Reduction Cost Reduction Strategies Purchasing Skills Food 88

Logistics Viewpoints

AUGUST 9, 2021

Khan, in one of the most influential legal scholarly articles of our time, argued that the current American antitrust law framework, which focuses on keeping consumer prices down, cannot account for the anticompetitive effects of platform-based business models such as that of Amazon, Facebook, and Google.

Logistics Network Optimization Software 251

Logistics Network Optimization Software Modeling Software Purchasing Skills Policies 251

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. Higher chance of heavy reliance on external financing sources, such as loans or credit lines. According to The J.P. But how can companies unlock this capital?

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

GlobalTranz

SEPTEMBER 19, 2017

On the surface, last mile may not seem very important, but it can make up 28 percent of a shipments total cost. Last mile logistics allow shippers to get more products to consumers faster and cost-effectively, critical concerns in the e-commerce and omnichannel supply chain. Cassidy of the Journal of Commerce. .

Logistics Network Optimization Software 250

Logistics Network Optimization Software Cost Reduction Strategies Transportation Purchasing Skills 250

Supply Chain Matters

FEBRUARY 22, 2024

Specifically, high inflation and economically stressed consumers have been more selective in their purchase decisions. At the same time, post pandemic consumers have demonstrated that they again seek the in-store shopping experience, but continue to value the convenience of online shopping for certain purchases. billion in 2022.

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Enterra Insights

NOVEMBER 22, 2022

”[4] She adds, “Curbside pickup, BOPIS and other ‘omnichannel’ approaches meant to make shopping seamless no matter the point of purchase — in-store, by phone, app or desktop — were already gaining traction before the coronavirus crisis took hold in early 2020. The source of that unpaid labor?

Omnichannel 130

Omnichannel Purchasing Skills Agile and Lean Supply Chain Procurement Analytics 130

Supply Chain Matters

MAY 3, 2022

Reportedly, global output fell across consumer, intermediate and investment goods sectors with inbound price inflation equaling record highs. Reportedly, disruptions to normal business operations led to further increases in production backlogs while higher costs for transportation and raw materials led to sharper increases in inbound costs.

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Supply Chain Matters

JULY 15, 2022

The company’s equipment was designed to connect to virtual based instructors utilizing an onboard camera, microphone, and electronic screen, at a rather premium cost compared to other fitness options. With so many having to work from home during the ongoing Covid-19 pandemic, consumers upped their purchases of in-home fitness equipment.

Sourcing Strategies 105

Sourcing Strategies Cost Reduction Strategies Expense Reduction Inventory Reduction 105

Cathy Roberson

NOVEMBER 10, 2021

There’s been a number of technology solutions to enter the market to help speed up and lower the cost of processing returns. Respondents are facing a challenging market including higher material and transportation costs as ports remain congested and transportation capacity is tight regardless of mode. Not a good thing to do.

Purchasing Skills 57

Purchasing Skills Reverse Logistics Supply Chain Optimization Supply Chain Software 57

Supply Chain Shaman

SEPTEMBER 5, 2022

Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. Definition of Form and Function of Inventory: Source Supply Chain Insights. IBM, in contrast, purchased over fifteen supply chain acquisitions but drove little innovation. In my 68 years on this planet, I have never seen such deep discounts.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

Supply Chain Matters

OCTOBER 20, 2023

They further added to growing concerns that consumers have moderated on their desires to purchase an all-electric vehicle. While that may be attractive to prospective Tesla customers, it does not resonate with Wall Street when price cutting does not result in added volume and profitability. percent, eroding $70 billion in market value.

Price Reduction 52

Price Reduction Cost Reduction Strategies Inventory Reduction Purchasing Skills 52

Unleashed

MAY 28, 2023

First-in, first-out (FIFO) is a cost-flow inventory method used to value inventory stock. FIFO assumes the items first purchased or first produced are the first items to be sold. Under the FIFO method, the inventory you have left at the end of your accounting period would be the items you’ve most recently purchased or produced.

Purchasing Skills 52

Purchasing Skills Inventory Reduction Price Reduction Material Savings 52

Enterra Insights

AUGUST 23, 2022

Journalists from the Wall Street Journal explain, “When millions of locked-down Americans went online during the Covid-19 pandemic, it looked like the possible start of a permanent shift in consumer behavior. We have to figure out our workforce management and our talent, and our pricing and our systems and our inventory management.

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Enterra Insights

AUGUST 23, 2022

Journalists from the Wall Street Journal explain, “When millions of locked-down Americans went online during the Covid-19 pandemic, it looked like the possible start of a permanent shift in consumer behavior. We have to figure out our workforce management and our talent, and our pricing and our systems and our inventory management.

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Supply Chain Matters

JULY 21, 2023

As Supply Chain Matters noted in a prior commentary, both parties have already reached agreement on more than 55 non-economic issues including the installation of air conditioning systems within newly purchased UPS package delivery vans starting in 2024, or fans in existing parcel vans. This was a major request among union negotiators.

Negotiating Skills 52

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Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. She reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[2] smooth customer experience, reduce costs, and eliminate waste). .”

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

The Logistics & Supply Chain Management Society

JULY 20, 2020

What actions should leaders take to manage supply chains for least cost and least risk, as well as to prosper from opportunities appearing due to the crisis? It helps the supply chain become compressed and tightly integrated through shortened life cycles, lead times and minimised operations’ cost. Efficiency and cost management.

Agile and Lean Supply Chain 230

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Enterra Insights

JULY 9, 2021

” Valandingham adds, “Curbside pickup, mobile apps and e-commerce purchases helped shoppers overcome their concerns about in-store shopping while allowing them to get the groceries they needed (and keep you busier than ever). notes, “It’s the most cost-effective to have the customer pick their own goods.”[7]

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Supply Chain View from the Field

NOVEMBER 12, 2015

We spent some time catching up on recent events in the news, and also had the opportunity to exchange ideas based on a recent webinar we ran with Shell, in which we discussed some of the outcomes of our recent study published in the Journal of Strategic Contracting and Negotiation (JSCAN).

Purchasing Skills 60

Purchasing Skills Agile and Lean Supply Chain Negotiating Skills Procurement Solutions 60

SCMDOJO

AUGUST 16, 2023

A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market. RFID technology has been instrumental in Walmart’s cost reduction efforts, ensuring optimal stock levels while avoiding overstocking and unnecessary inventory holding costs.

Inventory Reduction 75

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 75

QAD

AUGUST 24, 2023

On June 16th, The Wall Street Journal published an article written by Jason Gay on innovation where he talks about the early adoption of the Apple Vision Pro. The Apple Vision Pro “goggles” are priced at $3499. I have never waited in line for a new phone, but I have never purchased last year’s model either. Think minivan.

Innovation 91

Innovation Material Savings Expense Reduction Price Reduction 91

The Logistics of Logistics

OCTOBER 12, 2012

Chuck Intrieri is a: Certified Value Engineer (VE), Certified Purchasing Manager (CPM), Certified Production and Inventory Control Manager (CPIM), and is Lean Certified all of which attests to his deep understanding of operations and logistics beyond the confines of the purchasing function. Chuck Intrieri Linkedin profile.

Manufacturing Procurement 100

Manufacturing Procurement Optimal Sourcing Negotiating Skills Purchasing Skills 100

Supply Chain Matters

JULY 13, 2022

According to the Canoo press release , Walmart has signed a definitive agreement to purchase 4,500 of the Canoo Lifestyle Delivery Vehicle (LDV ), all-electric delivery beginning with the with the option to purchase up to 10,000 units. It is all about timing, market conditions and negotiation with leverage. . Bob Ferrari.

Supply Chain Design Software 52

Supply Chain Design Software Purchasing Skills Negotiating Skills Cost Reduction Strategies 52

Supply Chain Matters

FEBRUARY 19, 2024

The implications for non-conformance include not only legal jeopardy or added cost implications, but brand reputational risk dimensions. According to reporting by The Wall Street Journal (paid subscription) , a VW spokesperson indicated that “ only a tiny part ” was involved. New High Profile Incident- Volkswagen Last week, U.S.

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics Supply Chain Strategy Supply Chain 52

Enterra Insights

AUGUST 31, 2023

trillion in the second quarter, … reflecting robust consumer spending as well as higher prices due to inflation.”[1] ” It also means that many of their purchases will be made through social channels. What Is Going On in Seven Charts ,” The Wall Street Journal, 16 August 2023. [4] Experiences matter.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. Prices are generally stable. Specially noted: “ Competitive pricing and advertising were also cited as factors behind sales growth.” The reported August PMI value of 44.3 was slightly higher than the 44.1

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Matters

NOVEMBER 3, 2023

Sean Suggs, Toyota ’s designated manager for the planned North Carolina facility indicated in the Journal report that the amount of materials needed to produce one electric-vehicle battery, can be utilized to build 90 hybrid focused support batteries. Cost is an obvious factor as well, even as government subsidies for purchase exist.

Material Savings 52

Material Savings Price Reduction Inventory Reduction Cost Reduction Strategies 52

Enterra Insights

AUGUST 16, 2022

On the surface, last-mile may not seem very important, but it can make up 28 percent of a shipment’s total cost. For that reason, retailers continue to look for innovative ways to reduce costs. The customer’s expectation is that products [will be] delivered accurately and quickly, at a low price, and in perfect condition.”[3]

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130