ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. Its cause can be related to poor demand forecasting, changes in global economic conditions, supply chain disruptions, or shifts in consumer preferences.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Nominal income gains were reported by survey participants, but half of all families anticipated reduced real incomes next year. Taking the Digital Path to Purchase. ”[3].

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

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. Here are some highlights from these trends in 2023 and implications on supply chain planning.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that that are each proven to reduce a company’s costs.? It also avoids the need to dip into safety stock.

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

QAD

AUGUST 4, 2021

When was the last time you had a package or food delivered to your doorstep? Maybe you’re even expecting a package today…. Cause of Supply Chain Scarcity and How It’s Impacting Auto. However, when the pandemic hit, once again, it shook up the supply chain. Become Supply Chain Focused.

Resource Reduction 98

Resource Reduction Material Savings Sourcing Strategies Supply Chain Strategy 98

crisp

APRIL 25, 2024

Supply chain efficiency and cost controls are top priorities in CPG earnings discussions as brands combat inflationary pressures and aim to maximize margins. But challenges remain, and brands say reducing costs and maximizing efficiency across their enterprise is still a priority. How did 2023 look from the CPG C-suite?

Demand Planning Software 52

Demand Planning Software Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 52

ThroughPut

APRIL 30, 2024

Exploring the world of AI tools for supply chain and logistics can be quite overwhelming. That’s why we put together this guide – to help you get a glimpse of the best AI tools for supply chain and logistics, how to implement these tools, what to take care of and more. Best AI Tools for Supply Chain and Logistics 1.

Supply Chain Planning Software 52

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

Supply Chain Game Changer

APRIL 21, 2020

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. What is a Don’t Touch Supply Chain Strategy?

Waste Reduction 91

Waste Reduction Inventory Reduction Cost Reduction Strategies Material Savings 91

GlobalTranz

SEPTEMBER 14, 2018

Omnichannel supply chains are increasing in complexity and prevalence for good reason. Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground Competitive advantage is based on the ability of companies to offer products or services at reasonable, competitive prices. LEARN MORE.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

Supply Chain Shaman

SEPTEMBER 10, 2020

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously. The rising cost of supply.

Supply Chain Planning Software 399

Supply Chain Planning Software Supply and Demand Supply Chain Design Software Supply Chain Software 399

Supply Chain Shaman

DECEMBER 23, 2014

In 2014, ecommerce strategies grew in importance. At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Manufacturers, today, are aggressively pursuing e-commerce strategies. The proliferation of the business models is exciting.

Packaging 289

Packaging Inventory Reduction Supply Chain Design Software San Francisco 289

Unleashed

OCTOBER 4, 2023

The order fulfilment process covers every step required to get goods to the people who purchase them, from the moment a customer places an order to when they receive their purchase. When an order is confirmed, the items need to be collected from inventory and packaged for shipment.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Zipline Logistics

DECEMBER 5, 2022

You’ve taken your brand from an idea to physical product, determined packaging and pricing, and landed shelf space at a retail store. Survey insights reveal that 90% of retail buyers say a supplier’s ability to deliver on time impacts their purchasing behavior of that brand. Logistics Strategy Drives Category Domination.

Cost Reduction Strategies 81

Cost Reduction Strategies Price Reduction Logistics Network Optimization Software Price Mitigation Strategies 81

AIMMS

JULY 23, 2019

The agribusiness supply chain is highly complex. But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology.

S&OP 278

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 278

Logility

AUGUST 31, 2023

In most cases, their legacy ERP or supply chain solutions cannot support the real-time, frequent forecasting and inventory planning needed to get ahead of margins pressures, rising costs, and shifts in consumer demand. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.

Consumer Goods 185

Consumer Goods Network Optimization Software Optimal Sourcing Inventory Reduction 185

Supply Chain Shaman

OCTOBER 5, 2018

At the Supply Chain Global Summit 2018 , Francois discussed the impact of digitalization, Industry 4.0, and L’Oréal’s approach to business that has allowed the company to continuously rank as a Supply Chains to Admire winner for four consecutive years. Supply Chains to Admire Methodology.

Case Study 257

Case Study Inventory Reduction Agile and Lean Supply Chain Study 257

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Negotiating Skills 87

Negotiating Skills Purchasing Skills Negotiate Pricing Procurement Analytics 87

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The global supply chain industry has by default, a large environmental impact, through its carbon footprint. We are committed to preparing the supply chains of the future. In addition, CEVA Logistics was also appointed by General Motors (GM) to manage its entire ventilator production supply chain in support of the U.S.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supply chain. The result is that brand owner supply chains have different halal practices.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

GlobalTranz

JUNE 19, 2018

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises. Download eBook.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. ”[1] As a result of increased digital-path-to-purchase activity, online marketplaces have flourished. . Staying Current Using Real-time Analytics. ”[2].

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

Supply Chain Shaman

FEBRUARY 12, 2014

At least this is the story for consumer packaged goods (CPG) companies in North America. The complexity of changing product portfolios and the increase in demand-shaping programs (price and promotion) have distorted demand signals and made supply chain planning more complex. Growth has slowed. Complexity has increased.

Purchasing Skills 268

Purchasing Skills Procurement Analytics Manufacturing Procurement Supply and Demand 268

Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Order fulfillment is receiving, processing, packaging, tracking, and delivering orders to the final customer destination. So there is no fixed rule for selecting the order fulfillment strategy. Let’s fill in! What is Order fulfillment?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

Enterra Insights

JANUARY 29, 2021

One of the few bright spots during the COVID-19 pandemic has been the consumer packaged goods (CPG) sector. ”[1] CPG reporter Paul Hiebert ( @hiebertpaul ) believes the CPG sector’s strong performance will continue in 2021. Consumer Packaged Goods Trends. Rise in e-commerce.

Packaging 100

Packaging Trends Supply Chain Design Software Procurement Analytics 100

Enterra Insights

JULY 30, 2021

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. consumers in February for their perspective on the greatest supply chain ‘pain points’ one year into the Covid-19 pandemic.

Purchasing Skills 100

Purchasing Skills Procurement Solutions Procurement Analytics Supply Chain Software 100

Enterra Insights

AUGUST 24, 2020

Daphne Howland ( @daphnehowland ) reports, “As stores were forced to close, digital sales were expected to take over. ”[1] As a result of increased ecommerce, the digital path to purchase has become a high street for retail sales. Such strategies, however, come at a cost for retailers.

Procurement Analytics 100

Procurement Analytics Procurement Solutions Purchasing Skills Supply Chain Design Software 100

Supply Chain Game Changer

SEPTEMBER 23, 2022

Subscribe to Supply Chain Game Changer. These centers include areas to receive the items, ensure package efficiency, and store, ship, and audit supplies which is why you want to optimize your Distribution Center. This article provides seven effective strategies to optimize your distribution center. Subscribe Here!

Inventory Reduction 52

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 52

ThroughPut

FEBRUARY 23, 2024

A report by McKinsey shows that early adopters of AI in the supply chain have improved their inventory levels by 35%, reduced logistics costs by 15%, and enhanced service levels by 65%, vis-a-vis competitors who were slow to embrace AI. And the effect of inaccurate demand forecasting is felt across the supply chain.

Predictive Analytics Software 59

Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing Predictive Analytics 59

Logistics Viewpoints

FEBRUARY 2, 2024

Higher labor costs and lower package demand resulted in fourth-quarter sales and 2024 guidance that missed analysts expectations. UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. Retailers estimate 13.7

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. In some cases, these conditions may be applied to all supply chain processes. However, each term covers a different portion of the supply. Replacement parts.

Manufacturing Procurement 120

Manufacturing Procurement Optimal Sourcing Procurement Solutions Procurement Analytics 120

Precoro

MARCH 31, 2023

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Manufacturing Procurement Procurement Solutions 52

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

AIMMS

JULY 23, 2019

The agribusiness supply chain is highly complex. But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology.

S&OP 156

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 156

Supply Chain Game Changer

APRIL 15, 2020

Subscribe to Supply Chain Game Changer. The Digital Supply Chain Road is Full of Potholes, Construction and Accidents! Digital Procurement article, and permission to publish here, provided by Sam Jenks at kodiakrating.com. Subscribe Here! Email Address. Don’t Panic! Oh well, maybe next month’…?

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

SYSPRO Smarter ERP

MAY 22, 2023

Due to increasing pressure from various stakeholders, many companies are turning their focus to ensuring that their supply chains are sustainable. What is a sustainable supply chain? A recent report by the IDC noted some benefits of these programs.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Sustainability 98

Kinaxis

SEPTEMBER 13, 2017

by Joe Cannata What rapid adoption of virtual assistants means for CPG supply chains. It was being used at the time for everything from bridge painting to package sorting. This fundamental shift in the shopping paradigm is posing unique challenges for supply chains. What does this mean for supply chains?

Supply Chain Planning Software 239

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Supply Chain Software 239

Unleashed

APRIL 21, 2024

This guide breaks down the order processing steps and definition, and then explores a few helpful strategies for improving it. This phase involves choosing the right carrier to deliver the package to your customer’s doorstep. This means better customer satisfaction, a healthy brand reputation, and more sales.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52