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

Supply Chain Game Changer

NOVEMBER 15, 2018

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles.

Procurement Solutions 53

Procurement Solutions Procurement Analytics Optimal Sourcing Supply Chain Planning Software 53

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. High stockout costs combined with low OTIF scores can also help to pinpoint the source.

Optimal Sourcing 52

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

The Logistics & Supply Chain Management Society

JULY 16, 2023

You cannot rely solely on a general management risk reports but also need to develop a specific view of risks, such as halal risks. A halal risk report could provide essential halal risk and market intelligence for brand owners serving Muslim markets.

Risk Management 130

Risk Management Supply Chain Design Software Supply Chain Planning Software Pharmaceutical 130

Enterra Insights

NOVEMBER 18, 2021

Job reports show that people are quitting their jobs in record numbers (aka the Great Resignation). According to Axios reporter Kate Marino, “[In September,] the rate of quits increased to its highest level ever, at 2.9% A survey of local chamber of commerce leaders by the U.S. Desperately.”[1] of the workforce.”[2]

Supply Chain Planning Software 130

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

Unleashed

JANUARY 29, 2024

It helps to reduce your inventory costs , improve operational efficiencies, enhance customer experience, and increase your sales and profit margins. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Waste Reduction Resource Reduction 52

Ware2Go

APRIL 11, 2023

The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers. In light of this, 39% of SMB decision makers have reevaluated their warehouse technology providers and costs. The problem?

Examples 52

Examples Sustainability Purchasing Skills Retail 52

SCMDOJO

AUGUST 19, 2022

New global consumer markets, characterized by sourcing activities and low manufacturing costs, seem to take the supply chain into more contemporary territory. Automation has found its way into production, warehousing, and supply. A good example is using automated purchasing through purchasing software.

Supply Chain Software 114

Supply Chain Software Optimal Sourcing Supply Chain Optimization Manufacturing Procurement 114

Supply Chain Game Changer

OCTOBER 28, 2020

With the increased prominence of Supply Chain, Logistics and Procurement within organizations, is compensation increasing? Survey revealed the salary picture for Supply Chain professionals, with some really interesting results. 82% of the respondents reported a salary increase over the previous year.

Supply Chain Planning 98

Supply Chain Planning Supply Chain Strategy Purchasing Skills Supply Chain 98

Precoro

OCTOBER 6, 2022

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

Manufacturing Procurement 98

Manufacturing Procurement Procurement Solutions Procurement Analytics Pricing Training 98

SYSPRO Smarter ERP

MARCH 21, 2022

Supply chain management (SCM) systems help businesses to manage the flow of goods and services right from the sourcing of raw materials, to delivering finished goods to the customer. According to a report , between 2020 and 2021 there was a dramatic growth in companies focusing on making their supply chains more resilient.

Manufacturing Procurement 116

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Forecasting Software 116

Precoro

JUNE 6, 2022

Acting as the last link selling products or services directly to the end customers – companies or individuals – the vendor receives a fee from the customer for sourcing the product tailored to his needs. Vendors source avail goods and services to sell them to the end customers – companies or individuals. When to Work With Vendors.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

RFgen

NOVEMBER 13, 2016

The notable shift involving this long-term trend has to do with how many consumers are either passively influenced by information about sustainability or actively seek out such data before making purchasing decisions. Majority of Consumers in Developed Countries and Worldwide Influenced by Ethics. carry similar sentiments.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Expense Reduction 52

RFgen

NOVEMBER 13, 2016

The notable shift involving this long-term trend has to do with how many consumers are either passively influenced by information about sustainability or actively seek out such data before making purchasing decisions. Majority of Consumers in Developed Countries and Worldwide Influenced by Ethics. carry similar sentiments.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Expense Reduction 52

Unleashed

AUGUST 3, 2021

pet owners survey ,?35% purchase in bulk, hoarding quantities?of Dogs ate well during the pandemic, which boosted sales for manufacturers Business Wire predicts that the Australian?pet?food?market?will?grow New Zealand industry sources report that pet food suppliers sold? Survey responses?indicated?that

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. This report highlights that 97% of respondents anticipate AI impacting product development and manufacturing. #2

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

Unleashed

MARCH 19, 2024

Learn more in the latest Manufacturing Health Index report. This will help you slash your inventory and storage costs in one fell swoop. A quick fix when funds are low is to lease instead of purchase for large investments that would otherwise decimate your cash reserves. Lease big ticket items. Always full of perspective.”

Supply Chain Planning Software 52

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

Supply Chain Matters

APRIL 4, 2023

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. However, we discern some added signs excess inventories and of production sourcing shifts. That stated, the reported 49.6 but represented 0.6

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Purchasing Skills 52

Arkieva

JULY 25, 2016

Continuing growth in ecommerce is fueling a tight market for distribution and fulfillment centers space, either leased, purchased or through a partner, as companies look to expand their networks to meet growing consumer demand for rapid parcel delivery. in 2015, of which 50% to 75% comprised warehouses. Source: Multichannel Merchant.

Supply Chain Planning Software 60

Supply Chain Planning Software Manufacturing Procurement Procurement Solutions Supply Chain Software 60

ThroughPut

OCTOBER 7, 2022

Further, warehousing costs can fall by 5-10%. This chain of cost savings continues as efficiencies seep in. Most manufacturers prefer to leverage analytics data over traditional forecasting and time series techniques. Market research will involve an effort to send out surveys to consumers and get their feedback.

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

Zipline Logistics

OCTOBER 27, 2020

Sustainability is an often-discussed concept that can be a reliable source of differentiation for CPG manufacturers. Shoppers now want to purchase from brands that are congruent with their personal values. Now, when most think of sustainability, they think of ethical sourcing or environmentally friendly packaging.

Vendor Strategies 52

Vendor Strategies Resource Reduction Waste Reduction Cost Reduction Strategies 52

Supply Chain Matters

MAY 3, 2022

The report authors noted that this index, when calculated without the impact of China would have posted a 53.2 The report specifically indicated: “ Average purchase prices rose to one of the greatest extents during the past 11 years, leading to the joint-steepest increase in output charges since the series began in October 2009.”. .

Manufacturing Procurement 52

Manufacturing Procurement China Purchasing Skills Supply Chain Planning 52

Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Enterra Insights

JANUARY 31, 2023

The Future of Online Grocery Shopping Applebaum reports, “The trajectory of grocery e-commerce sales over the past two years is marked by several peaks and valleys, many of which were driven by factors directly related to the pandemic (vaccination rates, the delta and omicron surges, etc.). growth in 2020. Gender Differences.

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

GlobalTranz

MARCH 23, 2016

You use a Voice of the Customer (VoC) survey to obtain negatives and positives from your customers. These metrics would, of course, be aligned and are updated every hour. The metrics are also manual as automatic metric systems cannot retrieve the information at an hourly frequency as these metrics are process inputs and not outputs.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Lean Sustainability 120

Vinculum

JULY 18, 2022

Such a platform gives an awful experience to mingle with other social media websites like Facebook, Instagram, and another relatable online source to attract a huge crowd. According to a report, mobile commerce will grow to 42.9% As per the Baymard Institution report, 17% of the consumers drive hard to get rid of the carts.

Trends 52

Trends Modeling Software Optimization Software Optimal Sourcing 52

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Saving costs on returns in a digital world As consumers shop online more and more, the rate of returns is increasing. This means the cost of returns must be factored into the pricing of your goods.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Locus

DECEMBER 15, 2022

A survey predicts that e-commerce sales in India will hit the $100 billion mark for the first time in 2023. As a result, it increases your warehouse storage and delivery logistics costs. To enable a delightful post-purchase experience, it is essential to have successful delivery exception responses.

Real-time Visibility 52

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

Supply Chain Game Changer

NOVEMBER 10, 2018

On the supply side, however, there is less and less room for manufacturers to absorb additional costs as volatile input prices put the squeeze on margins and the marketing investment required to differentiate branded products from private-label competitors continues to rise.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 66

Ware2Go

OCTOBER 21, 2021

65% of merchants in a recent survey reported an increase in ecommerce cart conversions of up to 25% when they offered a 1-2-day delivery promise. Design a Warehouse Network that Gets You Closer to Customers. Learn more about Ware2Go’s Warehouse SOP’s. Shipping fees increase as orders are sent further away.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

Enterra Insights

SEPTEMBER 17, 2019

Author Michael Blanding ( @michaelblanding ) reports on the work of two researchers, Mercedes Delgado, professor at Copenhagen Business School, and Karen Mills, a Harvard Business School Senior Fellow, and how they unearthed a source of better jobs hidden in plain sight. The supply chain economy.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chain Strategy 100

BlueYonder

MARCH 24, 2022

The State of Supply Chain Sustainability 2021 report tells us that the work for increased supply chain sustainability has not slowed down as a result of the COVID-19 pandemic, but is continuing in full force. The survey also provides clear information on how companies work with sustainability issues.

Supply Chain Planning Software 85

Supply Chain Planning Software Supply Chain Software Sustainability Agile and Lean Supply Chain 85

Unleashed

MARCH 2, 2022

Kanban is a process management tool that visualises the status of each job on a company’s radar, and controls the flow of production from customer requests back to the warehouse. Then, when the warehouse runs low in stock, it reorders from preferred vendors. a heavier focus on demand forecasting and more variable inventory purchasing).

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain and Business Success By the Numbers. Supply Chain Strategy.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Material Handling & Logistics

JANUARY 10, 2018

And according to a recent survey by Kenco, 94% of survey respondents feel that it’s important for their 3PL provider to have a competency in technology and innovation, and more than half expect their 3PL provider to be investing in innovative technologies (another 32% want to co-invest). . Kristi Montgomery, VP of innovation, Kenco.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

3rdwave

AUGUST 7, 2019

These challenges are: Information Accessibility – visibility, reporting & analysis, communication. Transportation Cost Management. The same is true for carrier performance, invoice details, and basic reports. The same is true for the information required to execute reports or analysis around transportation.

Global Transportation 75

Global Transportation Transportation Management Purchasing Skills Negotiating Skills 75

Jaggaer

MARCH 23, 2020

And most importantly, what augmented analytics can do for you. Read up on How Augmented Analytics Will Transform Your Organization: A Gartner Trend Insight Report. Analytics has been with us for some time – more than a couple of decades. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78