SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

ToolsGroup

DECEMBER 5, 2024

from last year, with over two-thirds of purchases happening online. Shoppers want assurance that what they’re looking for will be available; failing to meet these expectations damages trust and drives customers to competitors. Focus on delivering convenience and urgency: Offer express shipping and curbside pickup.

Inventory Reduction 156

Inventory Reduction Waste Reduction How To Price Mitigation Strategies 156

GlobalTranz

FEBRUARY 13, 2017

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. There was a time when buying a computer was considered a once-in-a-decade purchase, if not once-in-a-lifetime. Globalization Will Become More Important in Everyday Decisions.

Resource Reduction 280

Resource Reduction Inventory Reduction Trends Logistics Network Optimization Software 280

SCMDOJO

APRIL 11, 2025

Understanding how your Procurement and Supply Chain KPIs are performing isn’t just a nice-to-have; it’s essential for survival and growth. Is inventory bloating your costs? Why You Need Visibility of Supply Chain and Procurement KPIs? Running procurement and supply chain without metrics is like driving blindfolded.

Pricing Training 72

Pricing Training Negotiating Skills Purchasing Skills Optimal Sourcing 72

Precoro

MAY 19, 2025

Companies often push aside procurement compliance to focus on more pressing issues. No wonder—procurement often gets tedious and burdened with time-consuming processes. However, ignoring procurement compliance is like ignoring a ticking time bomb. Scroll down to find out: What is procurement compliance?

Procurement Analytics 45

Procurement Analytics Procurement Solutions Manufacturing Procurement Examples 45

GlobalTranz

APRIL 17, 2018

These giants have deep pockets, capable of offering low-cost, if not free, parcel shipping. However, that does not mean all shippers must face the challenges to ship parcel at their expense. If shippers charge to ship parcel, customers will simply go to Amazon. Negotiate Shipping Rates Like a Pro.

Material Savings 189

Material Savings Shipping Cost Reduction Strategies Negotiating Skills 189

GlobalTranz

DECEMBER 29, 2014

The manufacturing firm would then have to organise shipping of the defective product, testing the product, dismantling, repairing, recycling or disposing the product. The Ultimate Guide for Effective LTL Freight Management : we put on a 60 minute webinar entitled, “Best Practices for Effective LTL Freight Management and Shipping.”

Logistics Network Optimization Software 321

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 321

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 272

GlobalTranz

JANUARY 21, 2019

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Actual costs could quickly rise above 33 percent.

Trends 204

Trends Shipping Purchasing Skills Supply Chain Software 204

GlobalTranz

SEPTEMBER 26, 2018

Those that seek to succeed in shipping online need to know a few things about why less-than-truckload may be the solution, how customers’ expectations are increasing, and what benefits less-than-truckload offers. Since e-commerce exists around the globe, variety in shipping can amount to better cost management and fewer delays.

Shipping 184

Shipping Cost Reduction Strategies Expense Reduction Freight 184

Logistics Viewpoints

FEBRUARY 7, 2024

There are three responses in this question that address supply chain sustainability: align with our goals, mission, and values; meet consumers expectations; and increase profitability. The second reason to address sustainability topics, from a supply chain perspective, is to meet consumer expectations.

Waste Reduction 313

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 313

GlobalTranz

JUNE 30, 2017

In addition, customers are continuing to demand lower prices and free shipping. But, our predictions’ post noted how manufacturers are having trouble with transforming customer input into responsiveness and enhancements to the customer experience. Lengthen the Buying Cycle Through Interaction. Take Extra Care of B2B Partners.

Manufacturing Procurement 275

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 275

RFgen

NOVEMBER 13, 2024

Key components of mobile inventory management include: Smartphone app: Allows field agents to log information, analyze metrics, and manage tasks even in remote areas with limited connectivity. Cloud software: Stores and distributes real-time data, producing reports accessible to all team members.

Inventory Management Software 96

Inventory Management Software Real-time Visibility Inventory Reduction Inventory Management 96

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

GlobalTranz

OCTOBER 2, 2017

One of the first problems with creating a last mile logistics strategy is cost. According to Mitchell’s NY , last mile logistics is seen as the least efficient leg of shipping, and it accounts for up to 20 percent of the total shipping cost of a product. Be Consumer-Centric. Measure Performance.

Inventory Reduction 500

Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Strategy 500

GlobalTranz

MAY 18, 2018

Meanwhile, more companies are turning to entities outside of the company, like third-party logistics or integrators (3PLs and 3PIs) to manage omnichannel supply chains , reports Maarten Baltussen of Supply Chain Digital. If only online shopping is used, shipping options may include B or D. Download white paper.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 184

Logistics Viewpoints

SEPTEMBER 20, 2022

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. So what to do? Composability is the answer to that challenge.

Supply Chain Planning Software 288

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 288

Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 98

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 98

Logistics Viewpoints

APRIL 26, 2024

Colombian drug smugglers are disguising cocaine as “fake coal” within major bulk consignments to try to dupe port surveillance operations, according to a new report. For several years now, the e-commerce giant has been developing what it describes as a “multimodal AI model” called the Package Decision Engine.

Logistics Network Optimization Software 298

Logistics Network Optimization Software Logistics Material Savings Baltimore 298

Logistics Viewpoints

OCTOBER 19, 2023

As supply chains have grown in complexity and length, siloed thinking and processes are no longer able to meet this objective. Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says.

Supply Chain Planning Software 307

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 307

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

GlobalTranz

SEPTEMBER 19, 2017

While established e-commerce giants, like Amazon, have perfected last mile logistics, small and midsized shippers can still take advantage of this growing market, provided they meet the challenges in last mile delivery. . Penny Co, reports William B. Modern Shipping TMS Must Handle Last Mile Delivery Too.

Logistics Network Optimization Software 308

Logistics Network Optimization Software Cost Reduction Strategies Transportation Purchasing Skills 308

GlobalTranz

OCTOBER 16, 2018

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. In fact, two-thirds of consumer shopping journeys include internet research, reports McKinsey & Company , as well as word-of-mouth recommendations and past experiences.

Logistics Network Optimization Software 199

Logistics Network Optimization Software Inventory Management Software Analytics Software Supply Chain Software 199

GlobalTranz

APRIL 6, 2021

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen.

Supply Chain Planning Software 285

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 285

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Talking Logistics

APRIL 23, 2019

Not long ago, people would take a Saturday afternoon to visit a furniture showroom, sit on several couches, fill out an order form, write a check, and wait six to twelve weeks for the sofa to be shipped to the store. Two-day shipping standards for packages is impacting consumer expectations of large format deliveries.

Shipping 184

Shipping Cost Reduction Strategies Logistics Network Optimization Software Supply Chain Design Software 184

GlobalTranz

JANUARY 22, 2019

Technology allows shippers to work smarter, faster and with fewer human resources, and new technologies, such as drones and augmented reality, are continuing the process, reports Victoria Kickham of Logistics Brief. It is important to note that a difference exists between dropshipping and shipping direct-to-consumer.

Logistics Network Optimization Software 220

Logistics Network Optimization Software Analytics Software Demand Planning Software Trends 220

Logistics Viewpoints

AUGUST 23, 2021

SCCN solutions provide supply chain visibility and analytics across an extended supply chain. No single SCCN can meet all a company’s collaboration needs because no SCCN supplier does a good job across all these message types. Companies with global supply chains are finding ocean shipping a nightmare.

Optimal Sourcing 293

Optimal Sourcing Supply Chain Planning Software Supply Chain Network Software Modeling Software 293

QAD

MAY 22, 2025

Depending on the nature of your business, your trading partners or your location, this could include procurement strategies, demand planning, logistics, and global trade management among others. Mastering Direct Spend Management Procurement teams generally do not report to the chief supply chain officer.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Price Reduction Waste Reduction 52

ToolsGroup

NOVEMBER 23, 2021

Here are ways smart supply chain planning can help you minimize those post-pandemic shortages while still meeting your business objectives. The following strategies, based on data, analytics, and collaboration, are helping planners around the globe overcome a disrupted supply chain. Shipping providers also slashed capacities.

Supply Chain Planning Software 291

Supply Chain Planning Software Scenario Planning Inventory Reduction Supply Chain Software 291

RFgen

DECEMBER 19, 2024

Data-Driven Decision Making : Using analytics to continuously refine operations. Key Benefits and Business Impact Warehouse optimization offers significant advantages across multiple areas: Cost Reduction: Expect a decrease in operational expenses, lower labor costs, and reduced energy consumption.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Modeling 97

Logistics Viewpoints

JANUARY 26, 2021

The hyper-focus on meeting customer expectations is also creating pressures upstream in the supply chain, as manufacturers extend visibility and collaboration beyond their own walls to avoid any disruptions. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially.

Agile and Lean Supply Chain 293

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 293

Logistics Viewpoints

JULY 12, 2024

Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. For Target, it’s both about meeting consumer demand and living up to its own corporate pledges.

Material Savings 307

Material Savings Los Angeles Waste Reduction Logistics Network Optimization Software 307

Logistics Bureau

DECEMBER 28, 2024

For example, switching from air to ocean freight for non-time sensitive shipments can reduce carbon emissions by up to 95% per unit shipped. This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets.

Material Savings 75

Material Savings Resource Reduction Supply Chain Design Software Supply Chain Planning Software 75

Silvon Software

MARCH 3, 2023

Having a strong Sales & Operations Planning (S&OP) strategy ensures that your forecasts, raw materials availability and production capacity all match up and that the factory floor can meet its defined deadlines. Delivery metrics can vary in terminologies, measurement methods, and variables from one company to the next.

S&OP 89

S&OP Procurement Analytics Supply and Demand Analytics Software 89

GlobalTranz

MAY 15, 2017

More companies are actively engaging with consumers in search of the ultimate omnichannel sales experience as the strength of online sales increase, reports Supply Chain Quarterly. Analytics to Uncover Issues in the Supply Chain. Furthermore, such data must be readily available to appropriate users. The Big Picture.

Supply Chain Design Software 229

Supply Chain Design Software Supply Chain Software Modeling Software Analytics Software 229

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 105

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 105