SCMDOJO

FEBRUARY 29, 2024

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

Vendor Strategies 55

Vendor Strategies Resource Reduction Price Reduction Procurement Analytics 55

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The Group’s sustainability policy is based on three pillars: Acting for People, Acting for Planet and Acting for Responsible Trade. In order to achieve this target, CEVA Logistics is incorporating environmental considerations in a variety of areas of operations, from warehousing to transportation and procurement. Acting for People.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Should a returns policy be tight or lenient?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

ivalua

MARCH 17, 2021

They may lack resources required to meet programmatic and financial reporting requirements or mitigate the many risks of non-compliance. Automation can deliver improved forecasting, monitoring and collaboration in addition to a more predictable and sustainable means of managing federal resources. The Procurement Link.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Procurement Solutions Procurement Analytics 130

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 238

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 238

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. Another important issue is the company’s privacy policy.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

Supply Chain View from the Field

DECEMBER 16, 2013

I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. Not surprisingly, analytics is at the top of the list.

Predictive Analytics 117

Predictive Analytics Analytics Software Procurement Analytics Supply Chain Design Software 117

Claritum

NOVEMBER 16, 2018

Claritum Article - Procurement Blog. Address Procurement Strategy. Focus Procurement on supplier optimisation. Don’t lose Procurement’s focus on costs. Keep Procurement up to date. Procurement is a complex multidisciplinary team activity that crosses all areas of the business. Introduction.

Procurement Solutions 69

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 69

Claritum

AUGUST 4, 2020

Introduction Procurement is a complex. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key. the procurement function. the procurement function. The procurement environment is dynamic and constantly changing with.

Procurement Solutions 41

Procurement Solutions Procurement Analytics Optimal Sourcing Negotiating Skills 41

ToolsGroup

OCTOBER 3, 2022

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 The risks surrounding the retail labor shortage aren’t new.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market. The International Labor Organization reports that 27.6

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Enterra Insights

JUNE 1, 2021

Tamizhkumaran explains, “Cognitive analytics solutions entail self-learning systems and algorithms that mimic the human brain’s thought process in order to analyze large amounts of data quickly and accurately.” AI can help retailers make sure these policies are not being breached at ground level.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

Enterra Insights

JULY 9, 2021

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] notes, “It’s the most cost-effective to have the customer pick their own goods.”[7] ” Good question.

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Enterra Insights

DECEMBER 28, 2020

This year the return-a-thon will be different — with longer lines likely to be found at post offices and parcel package stores than at department stores. Matt Leonard ( @Matt_Lnrd ) reports, “The rate of returns through the e-commerce channel falls anywhere between 15% to 30%, according to a report [from CBRE and Optoro].

Reverse Logistics 100

Reverse Logistics Policies Purchasing Skills Procurement Analytics 100

Logility

OCTOBER 29, 2021

Process manufacturing companies — such as those in the packaging, specialty chemicals, and rolled and woven goods sectors — are dealing with overcapacity as well as price pressures and continuing supply chain uncertainties. The most serious risk comes from low-cost regions, particularly from countries with weak intellectual property laws.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

USC Consulting Group

AUGUST 11, 2020

According to the piece published in North Carolina State University journal BioResources, the growth in demand for pulp and paperboard thus far in 2020 has been unprecedented, with production topping 419 million metric tons and consumption reaching over 423 million metric tons worldwide. ” Out of an abundance of caution. .

Procurement Analytics 59

Procurement Analytics Rhode Island Manufacturing Procurement Material Savings 59

EazyStock

FEBRUARY 15, 2021

When connected to Business Central or NAV , EazyStock enhance s the inventory management and procurement capabilities of your ERP. For inventory planners and purchasers , EazyStock minimizes the time spent forecasting demand , classifying stock items and updating reordering policies and planning parameters.

Procurement Solutions 52

Procurement Solutions Inventory Management Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

SEPTEMBER 10, 2020

Demand latency is the time from channel purchase to order receipt.) One of Mary’s other competitors is implementing SAP HANA and a packaged order-based forecast technology and is struggling to read the market. Underneath the technology market in advanced analytics is the move from planning to decision support.

Supply Chain Planning Software 395

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 395

Enterra Insights

JUNE 25, 2021

”[2] Both Brown and Miller base their predictions on the U.S. Census Bureau’s March retail trade report, which predicted a booming holiday season. That, in turn, implies more premium charges and even higher all-in costs for importers racing the holiday clock, which practically speaking, may be already ticking.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

Arena Solutions

OCTOBER 12, 2023

Leveraging internal audits to align quality management with key business metrics When asked what are the benefits of conducting an internal audit? Christine said, “I have used internal audits as the baseline to improve our overall business metrics. Everything’s connected—your engineering, manufacturing, and quality teams.

Quality 88

Quality Sourcing Strategies Supply Chain Planning Software Manufacturing Procurement 88

GlobalTranz

SEPTEMBER 14, 2018

percent of retail chains offer in-store returns of merchandise purchased online. Consider new ways to reduce shipping costs and risk, such as the new packaging suspension service Amazon is using, reports the Sustainable Packaging Coalition. Those that do not offer these options will lose competitive ground.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

GlobalTranz

JANUARY 21, 2019

According to Steve Banker via Forbes , Amazon’s purchase of Whole Foods positioned the company to corner the omnichannel area , and Amazon went a step further. percent, but it was still insufficient to meet demand with many consumers not receiving packages on-time. million returns, reports the Washington Post.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

Intelligent Audit

MAY 20, 2021

Enabling customers to see where their package is, where it is heading next, and the expected outcomes are important retail shipping features. Giving customers access to a range of package tracking options ensures everyone stays on the same page. Retail shipping is complex, and its costs can quickly skyrocket.

Meeting 52

Meeting Analytics Software Purchasing Skills Shipping 52

Supply Chain Game Changer

AUGUST 20, 2020

With the expansion of the e-commerce industry emerging in parallel with the closure of many brick-and-mortar stores, retailers can expect to see a hike in return goods once the reopening of the sector begins,” reports Tech HQ. Real-Time Analytics Will Help to Better Answer, What Is Reverse Logistics’ Value.

Reverse Logistics 98

Reverse Logistics Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 98

QAD

DECEMBER 5, 2019

Regardless of what laws politicians enact, customers want their purchasing dollars to go to those who behave responsibly. Lean thinking helps manufacturers consume less of everything, from packaging and raw materials to energy. Why is Environmental Innovation in Manufacturing Not Being Reported? Here are three: Industry 4.0.

Manufacturing Procurement 131

Manufacturing Procurement Waste Reduction Innovation Expense Reduction 131

Intelligent Audit

DECEMBER 1, 2021

Before this comes peak season, a time when people place countless online orders or purchase in-store gifts for the holiday season. During this time, everyone wants their packages delivered on time and usually as soon as possible, causing huge issues with shipping. As noted by Retail Brew , e-commerce retailers “?

Procurement Analytics 52

Procurement Analytics Data Supply Chain Software Reverse Logistics 52

ModusLink Corporation

MARCH 30, 2023

According to data shared by Vue.AI , “more than 60% of online shoppers say that they look at a retailer’s return policy before making a purchase. According to industry data experts , “Salesforce reported a 63% spike in returns during November and December, year over year (Ravishankar and Rao).”

Sourcing Strategies 78

Sourcing Strategies Reverse Logistics Inventory Reduction Cost Reduction Strategies 78

Enterra Insights

DECEMBER 26, 2019

Millions of packages that flowed one-way through the supply chain to the consumer must now be turned and move back through the supply chain to the appropriate destination. More than 40% of retailers have seen an increase in ‘intentional returns’ in the past year, according to an earlier report from Brightpearl.”

Reverse Logistics 100

Reverse Logistics Purchasing Skills Manufacturing Procurement Waste Reduction 100

Enterra Insights

OCTOBER 12, 2021

It is worth noting that reinforcement learning does not work well with ambiguity but is superb at optimization tasks using established metrics in the form of inputs, actions, and rewards. 2] Apoorva Bellapu, “ Reinforcement Learning for a Better Tomorrow ,” Analytics Insight, 24 July 2021. [3] ” Footnotes. [1]

Supply Chain Design Software 200

Supply Chain Design Software Optimization Software Forecasting Software Modeling Software 200

ShipBob

JANUARY 23, 2023

This year over 20% of purchases are expected to take place online , compared to 17.8% Last-mile delivery is a logistics term that is defined as the transportation of a package from a fulfillment center to the package’s final destination, which is usually a personal residence. What is last-mile delivery?

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

Logistics Viewpoints

APRIL 14, 2023

According to a report from The Information , the company is imposing this fee on returns when return options at Whole Foods, Kohl’s, or Amazon Fresh locations are closer or at the same distance as a UPS Store return location. Previously, customers could drop off non-defective or undamaged items at UPS Stores without any cost.

Logistics Network Optimization Software 205

Logistics Network Optimization Software Cost Reduction Strategies San Francisco Price Reduction 205

Logistics Viewpoints

JULY 9, 2021

Venues outside the greater Tokyo metropolitan area would allow small numbers of spectators, and the policy for the Paralympics will be decided next month. Roughly the size of a small cooler, Amazon Scout vehicles can transport small packages along sidewalks at walking pace. It will be interesting to watch the games unfold in silence.

Logistics Network Optimization Software 165

Logistics Network Optimization Software Logistics Price Reduction Finland 165

QAD

JULY 8, 2021

Long-term planning information is critical for the lower tier suppliers to plan and purchase their materials wisely. In the case of semiconductors, lead time was reported anywhere from 22 to 26 weeks. This was proven many years ago in an AIAG report entitled the Manufacturing and Assembly Pilot Project.

Supply Chain Planning Software 89

Supply Chain Planning Software Forecasting Forecasting Software Manufacturing Procurement 89

ShipBob

JULY 28, 2021

Want to know the secret to creating a memorable post-purchase experience? Post-purchase, if your delivery system lacks in visibility and reliability, it can lead to higher shipping costs and slower transit times. Once a customer makes a purchase, the customer experience doesn’t stop there. Access to real-time data.

Optimal Sourcing 98

Optimal Sourcing Optimization Software Inventory Management Software Supply Chain Planning Software 98

Provenance

APRIL 13, 2021

Many customers now look for sustainability as one of the priority filters to purchase, often over price.”. With 79% of consumers changing purchase preference based on products’ social or environmental impact, marketers are racing to capitalise with sustainability messaging. Brave new metrics? Don’t do it.

Sustainability 52

Sustainability Procurement Analytics Price Reduction Purchasing Skills 52

Enterra Insights

MAY 15, 2020

.” What Chaturvedi doesn’t address is the fact that the increased use of the digital path to purchase comes with a dramatic increase in consumer returns. Analysts from SRS Media explain, “With the significant growth in ecommerce purchases, … there will be an inevitable increase in returned items. ”[4].

Reverse Logistics 100

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 100