NC State SCRC

MAY 30, 2022

A new study that the SCRC published with GEP examines the increasing pressure that supply chain executives are getting when it comes to responding to supply chain disruptions. In this study, we explore the primary forms of misalignment that exist between supply chain and procurement executives. (We

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

Supply Chain Matters

AUGUST 8, 2022

Global Supply Chain Pressure Index. According to the July 2022 Global Supply Chain Pressure Index (GSPI) , compiled and published by the Federal Reserve Bank of New York , overall pressures reportedly declined once again in July. This index was reported as 1.84 reported for June, and 2.59 reported for May.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

Kanban Logistics

SEPTEMBER 9, 2021

Pandemic-related supply chain disruptions and labor shortages have hit hard, while consumer demand for products has simultaneously skyrocketed. The article references the Institute for Supply Management’s (ISM) monthly Manufacturing Report on Business, which showed that the Purchasing Managers’ Index (PMI) was 59.9

Manufacturing Procurement 52

Manufacturing Procurement Procurement Analytics 3PL Logistics Network Optimization Software 52

Logility

MARCH 6, 2020

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Rapid adaptation to change and supply chain disruption.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

Logistics Viewpoints

MAY 25, 2022

But it has certainly been more pronounced recently within the supply chain world. This is evident from the widespread global supply chain disruptions that we all read about daily. I attended additional sessions that described recently completed enhancements and customer adoption metrics for Manhattan Active WM.

Conference 174

Conference Supply Chain Planning Software Optimization Software Scenario Planning 174

Supply Chain Shaman

SEPTEMBER 5, 2022

Thirty-one months of supply chain disruption. The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. These teams are also more advanced in the use of planning and more advanced analytics concepts.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

SYSPRO Smarter ERP

NOVEMBER 3, 2021

Manufacturers and distributors experienced huge supply chain disruptions due to the pandemic which exposed many vulnerabilities and tested the resilience of supply chain leaders globally. In fact, SYSPRO research revealed that 60% of businesses were impacted by supply chain disruptions during the pandemic.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 105

Ware2Go

OCTOBER 7, 2021

Warehouse vacancy rates are at an all-time low. Learn how to secure top-tier warehouse space and SLA’s without paying peak season premiums or getting locked into a long-term contract. The 2021 holiday season’s supply chain disruptions have made headlines and attracted attention from merchants and consumers alike.

Warehousing 52

Warehousing Negotiating Skills Purchasing Skills Forecasting 52

Logistics Viewpoints

AUGUST 28, 2023

A protracted work stoppage would have caused widespread supply chain disruptions across the U.S. This claim was made again in UPS’s last annual report. The agreement requires in-cab air conditioning in most UPS delivery vehicles purchased after Jan. Newer vehicles would also be equipped with exhaust heat shields.

Purchasing Skills 183

Purchasing Skills Third Party Logistics North America Arizona 183

Jaggaer

APRIL 14, 2020

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online.

Supply Chain Disruption 52

Supply Chain Disruption Europe Cost Reduction Strategies Material Savings 52

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. business logistics costs for 2021. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 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. 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

ShipBob

JANUARY 15, 2024

Operationally, excess inventory can clog warehouses, making it challenging to manage new stock efficiently. Its cause can be related to poor demand forecasting, changes in global economic conditions, supply chain disruptions, or shifts in consumer preferences. Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It encompasses the processes involved in purchasing, tracking, consuming, and relocating raw materials. This is achieved through accurate demand planning and effective warehouse management.

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. It ties up precious capital, leads to extra storage costs, and may result in the product becoming outdated before it can be sold.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

Unleashed

MAY 30, 2023

Anticipation inventory can be described as the inventory which is purchased in anticipation of expected increases in demand. For example, easter eggs purchased ahead of Easter, or pumpkins purchased ahead of Halloween. In some cases, anticipation inventory may be purchased ahead of expected cost spikes.

Inventory Reduction 52

Inventory Reduction Inventory Negotiating Skills Purchasing Skills 52

ThroughPut

OCTOBER 16, 2022

Inventory analytics can go a long way in understanding and improving the inventory performance and often done by an inventory manager. Key Pillars of Supply Chain Inventory Optimization. Accurate demand forecasting is an important element of supply chain inventory optimization solutions. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Ware2Go

OCTOBER 22, 2021

Learn how to mitigate and avoid dead stock through strategic warehousing and inventory management to lower fixed costs, combat supply chain disruptions, and overcome current peak season challenges. Within the retail industry alone, estimates indicate that dead inventory costs nearly $50 billion year-over-year.

Inventory Reduction 98

Inventory Reduction Negotiating Skills Cost Reduction Strategies Inventory Management Software 98

Logistics Viewpoints

SEPTEMBER 22, 2022

At the onset of the Covid-19 pandemic, supply chain disruption became a common phrase in the media. In truth, it went well beyond what was being reported in the newspapers and on TV. Supply chain disruption became a key talking point for just about everyone. Let’s look at a few categories.

Supply Chain Disruption 218

Supply Chain Disruption Supply Chain Design Supply and Demand Supply Chain 218

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

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Locus

APRIL 3, 2023

This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security. The global last-mile delivery market size is expected to reach $61.57 billion by 2025, growing at a CAGR of 16.7%

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Unleashed

MAY 25, 2023

Inventory purchases and storage fees have major impacts on your business’s profitability. By understanding the flow of products into and out of your warehouse, you can minimise these costs – ultimately improving your margins. However, ensuring the right products are in the warehouse at the right time comes first.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Inventory Reduction Forecasting Software 52

Unleashed

JANUARY 31, 2023

Supply chain disruptions are the enemy of product businesses. The result is high costs and unsatisfied customers. Lean logistics is a strategy designed to optimise supply chain efficiency by cutting out waste and maximising customer value. This can only be achieved through data-driven inventory reporting.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Waste Reduction Inventory Reduction Cost Reduction Strategies 98

SYSPRO Smarter ERP

SEPTEMBER 8, 2021

A recent report The Fictiv 2021 State of Manufacturing report has shown that many companies are in the process of becoming more digitally proficient and organized. The pandemic has caused a supply shock. The globalized supply chain won’t disappear but it will certainly change. Operations.

Supply Chain Planning Software 115

Supply Chain Planning Software Supply Chain Design Software Inventory Management Software Forecasting Software 115

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Logistics Bureau

AUGUST 7, 2023

Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. Your competitors are shipping orders at a faster rate than your warehouses can achieve. Warehouses full to the brim and laid out in a disorganised manner. Your inventory turns ratio is low.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

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

Unleashed

JANUARY 10, 2023

Improving supply chain visibility looks like this: Integrating data from your various systems into one centralised location Working with suppliers to increase supply chain transparency Automating data collection, analysis, and reporting Supply chain visibility relies on accurate, synchronised data.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Design Software 52

Unleashed

JULY 12, 2023

Businesses must ensure they have enough available inventory to meet customer demand even through unexpected spikes and supply chain disruptions. But too much inventory in the warehouse means higher storage costs, tied-up cash flow, and requires more resources to manage.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

BlueYonder

MAY 22, 2020

Stay-at-home orders and social distancing altered consumer patterns almost overnight, changing what people buy, where it’s purchased, and, as a result, how it is delivered. For 3PLs, the disruption is straining distribution and fulfillment operations. Future supply chain disruptions are inevitable.

Cost Reduction Strategies 91

Cost Reduction Strategies Inventory Reduction Optimal Sourcing Procurement Analytics 91

Freightos

NOVEMBER 11, 2021

More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases. What’s next.

Price Reduction 177

Price Reduction Logistics Network Optimization Software Cost Reduction Strategies Expense Reduction 177

Cathy Roberson

AUGUST 15, 2022

Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full. Some retailers may have seen these signs but could not pivot quickly enough because of supply chain delays.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

BlueYonder

JANUARY 31, 2023

Salim: Our automotive customers are increasingly looking at how to counter inflation but at the same time how to enable supply chain resiliency. In the short term, the focus is on improving the ability to minimize the impact of supply chain disruptions by “illuminating” the end-to-end supply chain network.

Automotive 86

Automotive Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 86

Clear Spider

JANUARY 26, 2023

Production slowdowns and delivery of goods disruptions are already widespread. Adding poor inventory management to understaffed factories and warehouses, and a shortage of drivers, is a recipe for disaster. Receive automatic updates about every item in your inventory as it moves through your supply chain.

Supply Chain Software 52

Supply Chain Software Inventory Management Software Optimization Software Forecasting Software 52

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Products available on backorder are are out of stock in the supplier’s warehouse but may still be purchased by consumers in advance of future availability. How long do backorders take?

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52