Enterra Insights

DECEMBER 4, 2019

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. Traditionally the holiday shopping season has been a make-or-break time for retailers.

Procurement Solutions 100

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Eyvo

DECEMBER 11, 2018

Many of us think of digital procurement as a way to reduce purchase costs and increase efficiencies. Well, the bigger picture is where the real focus shifts to total cost and value addition. Another aspect of what makes digital procurement stand out is that of mitigating risk and increasing spend visibility.

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Supply Chain Game Changer

NOVEMBER 15, 2018

Blog post originally created and published by, and permission to publish here provided by, Sam Jenks at [link] Check out the Kodiak Rating blog at [link]. Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Subscribe Here! Email Address.

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Supply Chain Matters

FEBRUARY 22, 2024

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their purchase decisions. The reported profitability for the holiday quarter of $10.6

Inventory Reduction 52

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Enterra Insights

MAY 31, 2022

The winning companies are those that correctly identify the problem to solve — the performance metric to improve. The data model will put a spotlight on the missing data. They report, “We know from extensive research that decisions matter — a lot. He explains, “Too often companies think that more data is better.

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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. This Year’s Report Themes and Key Messages.

Logistics Network Optimization Software 52

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Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. This is alarming.

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Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics?

Predictive Analytics Software 113

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Supply Chain Game Changer

JANUARY 30, 2019

Procurement bridges the gap between product, internal stakeholders and customers. In order to support the weight of internal and external expectations, Procurement teams must be prepared to perform as a key value adder within an organization. Developing KPIs is crucial, and individual, to the infrastructure of your Procurement team.

Procurement Analytics 56

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Enterra Insights

JULY 14, 2020

Consumer behavior, even before the pandemic, was moving steadily towards the digital path to purchase. The pandemic forced many consumers to make purchases online that they normally would have completed in stores. ” That doesn’t mean they aren’t using the digital path to purchase — because they are. ”[7].

Omnichannel 100

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Supply Chain Shaman

OCTOBER 8, 2019

This blog post formed in my head as I worked with clients this month. The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. To maximize value—price to tangible book, functional metrics need to be reset to focus on reliability.

Supply Chain Design Software 190

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Enterra Insights

JULY 31, 2019

Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[3] They go on to note, “A traditional ERP simply cannot keep pace with the rate of change and the need to innovate and optimize quickly, accurately, and cost-effectively. ”[5].

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Supply Chain Game Changer

MARCH 6, 2019

7 KPIs Your Procurement Team May Be Ignoring! But, when my mom was buying a new vehicle, she didn’t decide to scrap the vehicle from 1993 and purchase one from 1995. Procurement is a business function that has undergone a lot of change in the last few years. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

Manufacturing Procurement 50

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Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. This is alarming.

Procurement Solutions 40

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BlueYonder

JANUARY 19, 2018

Some of the best moments from this year’s NRF Expo highlighted the opportunities retailers have to grow and reinvent the industry in 2018. And up to 75 percent of transactions with retailers will take place without human contact, as new technologies open up new, and formerly undreamed-of, avenues for shopping and purchasing.

Optimal Sourcing 40

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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

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Supply Chain Game Changer

NOVEMBER 26, 2018

Blog post originally created and published by, and permission to publish here provided by, Sam Jenks at [link] . Check out Procurement Report Card: Most Executives Think Procurement Isn’t Strategic Enough! In 1995 IKEA faced an organizational shift in purchasing and sourcing methodology. Subscribe Here!

Procurement Analytics 43

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Kinaxis

FEBRUARY 13, 2019

Which brings us to the Sweethearts deal where, in July of 2018, the Spangler Company (who make Dum Dum lollipops and Circus Peanuts) snapped up the company for $18.83 According to GlobalData, M&A has historically been the preferred investment area, accounting for 86% of total transactions in Q4 2018 ($4.5 billion).”.

Manufacturing Procurement 120

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Supply Chain Matters

FEBRUARY 7, 2024

Supply Chain Matters provides highlights and perspectives of Amazon’s recently reported Q4 and full year 2023 financial performance. Total revenues rose 14 percent to $170 billion, which Bloomberg , in its reporting equated to the strongest online sales growth since the early days of the pandemic. Net income was reported as $30.4

Inventory Reduction 52

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Supply Chain Matters

MARCH 6, 2024

retailer Target’s recent reporting of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their household budgeting and in their purchase decisions. The reported profitability for the holiday quarter of $10.6 percent in Q4.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

GlobalTranz

MARCH 17, 2016

Purchasing and supply executives predict that the global manufacturing industry will continue to expand. Predictive Data Analytics. Chinese executives see predictive analytics as the key to competing with U.S. Chinese executives see predictive analytics as the key to competing with U.S.

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Supply Chain Matters

SEPTEMBER 13, 2024

Supply Chain Matters highlights a report indicating that tenures among consumer goods and retail CEO’s are growing shorter. I ntroduction In our various Supply Chain Matters news feeds this week, a published report from Reuters caught this Editor ’s interest: Retail, consumer CEO’s see shorter tenures as boards act more quickly.

Cost Reduction Strategies 52

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Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. The EV auto maker’s original commitment at the start of 2022 was to produce 50,000 vehicles, but that was cut at mid-year.

Supply Chain Design Software 59

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BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. A recent report by Morgan Stanley highlighted the growing importance of data, as well as the huge investments companies are making as a result. “In

Agile and Lean Supply Chain 97

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BlueYonder

SEPTEMBER 12, 2018

Produced in partnership with Centiro, and conducted by strategic insight agency Opinium, the 2018 survey captured insights from 12,000 shoppers worldwide. But the majority of customers are using these voice assistants to learn about products, with relatively few of them actually making voice-based purchases.

Survey 40

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Supply Chain Game Changer

NOVEMBER 26, 2018

Blog post created by Adam Robinson and originally published on [link]. By 2018 alone, same-day delivery and last mile logistics will be valued at more than $1.35 trillion by 2018 as well. Analytics Will Drive Last Mile Logistics Costs Down. Subscribe Here! Email Address. Drivers Become Merchants.

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Enterra Insights

SEPTEMBER 14, 2022

. … The most important one is that there is a need to not only look at the demand side but to also look at the supply chain when one wants to improve the customer experience, especially when the customer intention is a purchase.”[2] ”[3]. Bill Hobbs ( @hobbs_bill ), Founder of Mt. ”[9]. Leverage advanced technologies. .”

Gartner 130

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Enterra Insights

JANUARY 14, 2021

Though they may send newsletters, run blogs, and push out various content on social media platforms, what businesses need to account for most is that the heart of building and developing an enterprise requires an equal investment in customer service.”[2] Second, data can help you see your customers entire path-to-purchase journey.

Customer Service 100

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NC State SCRC

JANUARY 18, 2018

In a prior post on 2018 supply chain predictions, I shared how NC State’s Poole College of Management engages directly with industry through student-led projects. These projects all invovle cutting edge topics that are often discussed in blogs and websites. MUFG Union Bank Strategic Performance Metrics.

Vendor Strategies 40

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Enterra Insights

DECEMBER 17, 2018

For over 150 years consumers have been able to purchase goods through catalogs and have them delivered to their homes. ” Because logistics can be a significant differentiator, Mary De Asis reports some retailers are establishing their own logistics fleets.[3] For most of those years, their delivery expectations were modest (i.e.,

Innovation 100

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Enterra Insights

JULY 10, 2020

Governmental stay-at-home orders during the pandemic motivated most consumers to increase their online buying behavior — making residences a destination of choice for their purchases. And, last mile cost control is becoming more difficult for both urban and rural deliveries to consumers and business.”[4] ” 4. .”

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GlobalTranz

SEPTEMBER 19, 2017

trillion wide by 2018, and demand on last mile logistics will grow. Penny Co, reports William B. Yet, more bulky items are moving from traditional retail to consumer direct shipping models, and consumers want speed and visibility in every stage. . As explained by John D. Cassidy of the Journal of Commerce. .

Logistics Network Optimization Software 250

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Supply Chain Game Changer

SEPTEMBER 5, 2019

If you’ve never seen the film, treat yourself by watching this clip below, and directly after you finish this blog, do yourself a favor and stream the entire film. Now… Is there something to be learned from this quote in Finding Nemo, that we can apply to procurement and sourcing? So here we are. Suppliers are our friends, not food!

Food 54

Food Negotiating Skills Optimal Sourcing Purchasing Skills 54

QAD

JULY 28, 2022

By offering students a real-world educational opportunity in rotational programs with employers, Lori’s program introduces students to all facets of supply chain management, from purchasing to logistics to materials management to production planning. Her students tend to focus on purchasing, logistics and consulting.

Agile and Lean Supply Chain 98

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Supply Chain Shaman

MARCH 3, 2018

My goal in this blog post is to answer a series of questions I got from the audience when I spoke at a couple of conferences this week. Through digital marketing, small brands are cropping up all over, and it is sentiment analysis and digital content driving purchases. I write on this blog, on LinkedIn, and on Forbes.).

Supply Chain Design Software 153

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Unleashed

JANUARY 18, 2021

Typical firms will use nutraceutical software to support their own manufacturing, or to manage the process via contract manufacturers – handling purchasing, distribution, and sales and marketing in-house. Exports are expected to buffer the industry, with sales to China increasing dramatically over 2018-2019 to more than AU$680 million.

Trends 59

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Supply Chain Game Changer

JUNE 10, 2020

There’s often not many seconds between the proposition of eating out, and a frantic barrage of mobile searches on various review sites, blog posts and news articles. Deciding to eat at Luigi’s Italian Market, and negotiating billion-dollar contracts aren’t really in the same league of purchasing decisions. It’s exciting to eat out.

Procurement Solutions 56

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