Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

Supply Chain Game Changer

AUGUST 21, 2022

A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. These materials were then transferred to barges and rail cars for delivery, and finally to terminals where they were packaged into shipping containers for final delivery by rail. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

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 But there is one thing you must be sure of before choosing to set up a warehouse in another country: the warehouse price must be reasonable. But that thought is no longer valid!

Purchasing Skills 52

Purchasing Skills Negotiating Skills Price Reduction Sourcing Strategies 52

OptiProERP

JANUARY 17, 2023

If you don’t, you could miss shipping deadlines, which would impact your customers and your reputation. At the same time, you don’t want to have too much inventory, as that results in carrying costs and waste. Managers can also take a look at the effectiveness of the supply chain with reports on key performance indicators.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Manufacturing Negotiating Skills 52

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. Shipping and logistics: Selecting the appropriate shipping method, arranging transport, and coordinating with couriers for delivery.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Intelligent Audit

OCTOBER 12, 2022

The shipping industry plays a significant part in this equation, as carbon emissions from shipping make up a substantial portion of the problem. Also, shipping is connected to every industry that sells goods or products. Shipping Emissions Statistics & The Impact Carbon Emissions from Shipping Have on the Climate.

Waste Reduction 52

Waste Reduction Resource Reduction Price Reduction Cost Reduction Strategies 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Locus Robotics

MARCH 9, 2023

4. Artificial intelligence and machine learning AI and ML offer manufacturers powerful predictive analytics that transform manufacturing supply chain management by improving forecasting accuracy and speed, supporting better decision-making, and reducing operational costs.

Supply Chain Software 52

Supply Chain Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 52

ShipBob

FEBRUARY 25, 2022

This involves keeping track of critical distribution metrics such as how many orders were shipped out on time because this is vital to determine how efficient their processes are, how satisfied customers will be, and whether they need to make improvements. The OTIF metric isn’t just for measuring delivery performance.

Optimal Sourcing 52

Optimal Sourcing Real-time Visibility Procurement Analytics Supply Chain Planning Software 52

HICX Solutions

AUGUST 11, 2021

SXM Webinar Series with Art of Procurement. In the first of a three-part Art of Procurement Live Webinar Series ‘Putting the Supplier Experience at the Forefront of Strategic Procurement’ in partnership with HICX, we focus on how to make the business case for Supplier Experience Management (SXM). .

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Procurement Solutions Charlotte 52

JDA software

JANUARY 8, 2019

Everything is changing – from pricing and planning the just right product assortments to forecasting demand and creating an unforgettable in-store experience. So, take five, grab a cup of coffee and read on for my predictions of what the end of a decade in retail has in store. Price optimization is a must with growing competition.

Supply Chain Planning Software 86

Supply Chain Planning Software Demand Planning Software Predictive Analytics Software Supply Chain Network Software 86

ShipBob

JULY 28, 2021

Want to know the secret to creating a memorable post-purchase experience? The fulfillment experience involves picking and packing items, and shipping orders through the most optimized route in terms of speed and costs. Once a customer makes a purchase, the customer experience doesn’t stop there.

Optimal Sourcing 98

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

ShipBob

SEPTEMBER 29, 2021

As ecommerce sales continue to grow throughout 2021, it’s time for online retailer to rethink their retail logistics strategy to meet customer demands, lower shipping costs, offer faster shipping options, and improve the overall customer experience. . You pick items, package them up, and ship orders to their destination.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

ShipBob

SEPTEMBER 25, 2023

The rest of this article provides general information on shipping CBD products. The CBD market is booming in 2023 There’s no doubt about it, consumers are getting on the CBD train. Your best bet is to simply sell the industrial hemp-sourced CBD, as it won’t have high THC levels and is accepted across the nation.

How To 98

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

Kinaxis

JULY 19, 2017

HP has a printer that can order ink and have it shipped directly to your door automatically. Tally performs the repetitive and laborious tasks of auditing shelves for out-of-stock items, low stock items, misplaced items and pricing errors. Create sticky purchasing behavior with customers by offering robust delivery services.

Supply Chain Design Software 279

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Gartner 279

ThroughPut

MARCH 28, 2024

Food Production AI tools can drive advanced predictive analytics with precision forecasting for weather and crop yield predictions. Data collected from drones, sensors, and satellites can be analyzed by farmers to save time, and costs related to field trials, food inspections, and more. All for the good.

Case Study 52

Case Study Optimal Sourcing Supply Chain Planning Software Food 52

Unleashed

AUGUST 17, 2021

Advantages: Manufacturers save on infrastructure costs : the company avoids the cost of purchasing, managing and periodically upgrading expensive software. Source: g2.com These include inventory management, supply chain operations, procurement, project management, financial management, risk management and compliance.

Inventory Management Software 97

Inventory Management Software Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 97

Precoro

OCTOBER 10, 2022

In today's competitive market, where it's not all about cost savings, tracking procurement performance and aligning it with business goals and objectives is a must-have. So how do you measure the effectiveness of procurement operations within your organization? What Are Procurement KPIs, and Why Use Them?

Procurement Analytics 52

Procurement Analytics Optimal Sourcing Manufacturing Procurement Procurement Solutions 52

ShipBob

DECEMBER 28, 2022

Where you get these from, or how you source them, can be a huge decision. Sourcing can seem overwhelming if you’re a brand or retail buyer not entirely sure what you’re doing, but it can significantly impact the quality, cost, and availability of your products. What is strategic sourcing? What is procurement?

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement Purchasing Skills Material Savings 52

Unleashed

APRIL 18, 2022

An example of supply chain resilience A basic example of supply chain resilience is building in redundancy through dual sourcing: having an alternative supplier for important parts or ingredients. Their Head of Supply Chain, Daniel Bull-Clearie, initially sourced their raw product entirely from their own coastal farm.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Software Inventory Reduction Supply Chain Strategy 97

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

Waste Reduction 274

Waste Reduction Cost Reduction Strategies Supply Chain Planning Software Inventory Reduction 274

Unleashed

MAY 19, 2020

Don’t purchase any supply chain solution that is not Cloud or SaaS based. That means you can buy it as a remote online service (SaaS) paying typically by user per month, or buy and install the software on the cloud. Either way, you avoid the headaches, risks and costs of running your own hardware in-house.

Supply Chain Planning Software 98

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

ToolsGroup

APRIL 1, 2022

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Prices Resulting from Shortages and Supply Chain Issues. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Source: Consultancy.UK. Image source: Fortune.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

USC Consulting Group

MARCH 27, 2023

According to a new survey by Coupa Software , 82% of supply chain leaders report bracing for continued supply chain issues in the next year. The industry is looking for ways to take the risk out of its supply chain, namely by reshoring or nearshoring supply to offset the worry about once-reliable sources. Prices are rising.

Consumer Goods 40

Consumer Goods Manufacturing Procurement Six Sigma Purchasing Skills 40

BlueYonder

JANUARY 8, 2019

Everything is changing – from pricing and planning the just right product assortments to forecasting demand and creating an unforgettable in-store experience. So, take five, grab a cup of coffee and read on for my predictions of what the end of a decade in retail has in store. Price optimization is a must with growing competition.

Supply Chain Planning Software 40

Supply Chain Planning Software Demand Planning Software Predictive Analytics Software Supply Chain Network Software 40

RFgen

AUGUST 14, 2017

A naval ship at sea loses navigation abilities. The Origin of DFARS Compliance Requirements Back in May 2012, after a year-long investigation, the Senate Armed Services Committee (SASC) released a report about electronics counterfeits in the defense supply chain. A fighter jet suffers a critical system failure during flight.

Aerospace 52

Aerospace Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software 52

Unleashed

DECEMBER 20, 2022

Covered In this Business App Guide: Apps for your clients’ tech stack Accounting apps Lightyear Lightyear is a purchasing and accounts payable automation platform which was established in 2017. Syft Analytics Syft Analytics is an AI-powered forecasting tool that reviews, analyses, and predicts financial data.

Forecasting Software 98

Forecasting Software Inventory Management Software Analytics Software Predictive Analytics 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 “The net true cost considers issues such as waste-to-landfill, greenhouse gas emissions, economic mobility, worker safety and food safety. ” Walmart states early on.

Gartner 120

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

Talking Logistics

DECEMBER 16, 2015

That said, there are several high-level trends and factors that will impact supply chain and logistics strategies and operations in 2016: Oil Prices : Just a few years ago, there was plenty of talk about oil prices potentially reaching $300 per barrel and the impact it would have on supply chain and logistics networks and processes (e.g.,

Predictive Analytics Software 120

Predictive Analytics Software Supply Chain Planning Software Supply Chain Design Software Logistics Network Optimization Software 120

Locus

DECEMBER 22, 2021

With last-mile delivery costs contributing to more than 50% of total shipping costs, the rising expectations in home delivery increases the risk of encountering inefficiencies. Since the COVID-19 pandemic, a huge inflow of home deliveries has resulted in businesses adding more emphasis to their last-mile deliveries.

Logistics Network Optimization Software 52

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

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

Unleashed

AUGUST 28, 2023

The cost of sales is an inventory accounting metric that measures the accumulated costs in getting finished goods to market. It represents your true cost of creating and selling a product. What is cost of sales? Cost of sales is the accrued total of all the costs of supplying a product.

Purchasing Skills 52

Purchasing Skills Negotiating Skills Cost Reduction Strategies Examples 52

6 River Systems

JANUARY 10, 2019

Price negotiation strategies. Keep in touch with cross-functional colleagues. “Whether you’re in procurement, supplier quality, production control or logistics, supply chain is only one ingredient in the pie of successfully bringing a product to market. Invest in continuing training programs.

Optimal Sourcing 61

Optimal Sourcing Negotiating Skills Negotiate Pricing Pricing Training 61

Unleashed

OCTOBER 12, 2022

Keep reading to learn more about how the costs of ERP break down, what ERP could do for you, and whether there are more cost-effective alternatives. In this ERP pricing guide: Quick recap: What is ERP? Big data analysis and reporting. – Training. How much of a deal you can negotiate. Forecasting.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Inventory Management Software Pricing Training 98

Unleashed

MARCH 5, 2024

Automation has many uses in eCommerce, including for: Supply chain management Inventory management Order processing Shipping Customer service Email marketing Advertising Benefits of eCommerce automation The main benefits of eCommerce automation are that it saves you time and money, improves data accuracy, and lifts productivity.

Supply Chain Software 52

Supply Chain Software Procurement Solutions Examples Inventory Management Software 52

Precoro

FEBRUARY 9, 2024

Zug Campus - Source: ISZL website Initial purchasing process at ISZL Before last year, when faculty and staff at the International School of Zug and Luzern wanted to buy something, they could briefly discuss it with the principal or other budget holders and then order what was needed instead of going through a formal process.

Purchasing Skills 52

Purchasing Skills Pricing Training Purchasing Training Procurement Solutions 52

ToolsGroup

MAY 18, 2022

Data also shows that half of US states are experiencing out-of-stock rates between 40% and 50%: Image source: Flipboard. Image source: Sturgis Journal. The shutdown resulted from a federal investigation following four cases of infant bacterial infections in babies who consumed formula from the plant, with the FDA reporting two deaths.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Planning Software Pricing Training Purchasing Skills 156