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 Shaman

JUNE 23, 2020

I write for this blog, craft reports from research for our newsletters, create blogs for Linkedin, and build articles for Forbes. Orbit Chart of TJX Versus Peer Group for the Period of 2010-2019. Orbit Chart for Ecolab at the Intersection of Inventory Turns and Operating Margin Versus the Chemical Industry for the Period of 2010-2019.

Supply Chain Design Software 294

Supply Chain Design Software Supply Chain Planning Software Analytics Software Optimization Software 294

Supply Chain Shaman

FEBRUARY 7, 2022

To understand the phenomenon , the 2019 GDP was 2.16%. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Focus on Cost. The Chief Financial Officer gained more presence with procurement and IT reporting to finance. A Zealous Focus on Cost.

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

GTG Technology Group

FEBRUARY 11, 2019

6 Transportation Industry Trends to Look for in 2019. 2018 has ended and 2019 is here! New opportunities in the transportation industry are thriving. Transportation professionals seeking to stay on top of trends in the industry look to implementing these trends. Below are the notable trends for 2019.

Trends 36

Trends Transportation Analytics Software Industrial 36

GlobalTranz

JANUARY 29, 2019

Shippers need to understand the top supply chain and logistics automation trends to watch for in 2019. This level of supply chain and logistics automation will use technology embedded within video analytics to offer drivers an extra hand in the course of duty.

Supply Chain Software 158

Supply Chain Software Supply Chain Design Software Logistics Network Optimization Software Trends 158

Supply Chain Matters

AUGUST 8, 2022

This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. This index was reported as 1.84 reported for June, and 2.59 reported for May. percentage points from the reported reading of 65 in June.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Predictive analytics has many use cases in the supply chain.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

SCMDOJO

APRIL 3, 2022

eAuctions are online real-time dynamic discussions between one purchasing organization and a group of pre-qualified vendors competing for the purchaser’s trade. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

Zipline Logistics

MAY 25, 2021

over 2019—a significant leap in the face of much uncertainty during the first quarter of the year. Everything from food and beverage products to home improvement items saw a significant consumption bump as buyers, sidelined by pandemic restrictions, diverted their purchasing habits from experiences to consumer goods. cost per case.

Procurement Analytics 69

Procurement Analytics Food Report Logistics Network Optimization Software 69

GlobalTranz

JANUARY 17, 2017

So, let’s take a look at how our predictions for the first four manufacturing technology trends (Predictive analytics, 3D Printing, and VR) to watch for in 2016 stacked up. Predictive Analytics Became Commonplace to Manufacturing. Additive manufacturing is expected to climb more than $20 billion by 2019.

Manufacturing Procurement 120

Manufacturing Procurement Predictive Analytics Procurement Analytics Predictive Analytics Software 120

Logistics Viewpoints

AUGUST 4, 2021

Supply chains around the country are in great need of warehouse and transportation workers. Furthermore, COVID-19 exacerbated the existing shift from retail store purchases to e-commerce transactions, with a 32 percent increase in 2020 US e-commerce sales, according to the US Census Bureau. Logistics Real Estate Growth.

Supply Chain Software 255

Supply Chain Software Warehousing Real Estate Supply Chain 255

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. More e-commerce orders mean a big increase in transportation requirements. The solution?

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Synovos

JULY 24, 2023

For example, RS has reduced its Scope 1 and 2 carbon emissions by 58% since 2019/20 with progress made in the year through distribution center energy efficiencies and renewable electricity. It has also reduced its Scope 3 transportation emissions intensity by 28% since 2019/20, thereby achieving its 2029/30 goal seven years early.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

Enterra Insights

FEBRUARY 14, 2019

Kahn reports historian and collector Nancy Rosin donated over 12,000 historical Valentine’s cards dating from the 17th century onward to the library. Logistics providers must transport them quickly, under controlled conditions, to ensure your significant other doesn’t receive a wilted surprise. “Mrs. Footnotes. [1]

Dominican Republic 100

Dominican Republic Costa Rica San Marino Guatemala 100

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Barbara Schielke Chief HR & CSR Officer for Asendia explains how carbon offsetting, emissions reporting per parcel, and supply chain efficiencies are helping retailers green their e-commerce fulfilment. The International Post Corporation (IPC), found 44% of online shoppers have changed their purchasing behaviour to be more sustainable.

Shipping 243

Shipping Material Savings Procurement Analytics Waste Reduction 243

Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

Logistics Network Optimization Software 205

Logistics Network Optimization Software Real Estate New York Logistics 205

ToolsGroup

MAY 17, 2022

In fact, pool construction jumped by approximately 20% from 2019 to 2020 – resulting in the need for a whole lot of chlorine tablets. Image source: Cape Analytics. Labor shortages and transportation struggles as a result of the pandemic impeded production even further, resulting in a true chlorine shortage. The result?

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

Logistics Viewpoints

AUGUST 18, 2021

times a month’s sales, a low for the period since January 2019 included in the chart. However, the CPI report did state, “ the index for used cars and trucks rose 0.2 Finally, transportation services (mostly motor vehicle maintenance and repair) was up 6.4%. percent in July (month-to-month) after rising at least 7.3 Final Word.

Supply Chain Disruption 331

Supply Chain Disruption Manufacturing Procurement Supply Chain Purchasing Skills 331

Supply Chain Shaman

DECEMBER 30, 2021

Background on Ocean Transport. Freight Rates 2019-2021. The need for data synchronization increases with the growth of nodes, the increase of the number of parties handling the freight, and the use of multiple modes of transport. Truck drivers report that maintenance issues are a constant nightmare. Variability abounds.

Supply Chain Design Software 440

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 440

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

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Enterra Insights

MAY 31, 2022

We live in a digital age in which, according to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ”[8].

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported having a clear overall plan for digital transformation. The Improved Way.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Intelligent Audit

AUGUST 25, 2021

As shippers, carriers, and retailers across the country prepare for parcel peak shipping and increasing peak season transportation demands, the need for effective and affordable management processes is critical. Peak Season Transportation Management Depends on Applying Actionable Insights.

Transportation Management 52

Transportation Management Transportation Vendor Strategies Resource Reduction 52

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” For the fiscal year 2019, digital sales were 8.8%

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Enterra Insights

JUNE 8, 2021

With more and more consumers taking the digital path to purchase, retailers are learning that it’s easy for customers to leave the path or abandon shopping carts. ” Mistake 3: Your metrics focus only on volume and cost. If companies want to succeed in the Digital Era, they must become more customer-centric.

Procurement Analytics 130

Procurement Analytics Resource Reduction Cost Reduction Strategies Purchasing Skills 130

Supply Chain Shaman

OCTOBER 29, 2020

Cash-to-Cash Metrics. Cash-to-cash is a compound metric: (Days of Receivables+Days of Inventory)-Days of Payables=Cash Conversion Cycle. Note the elongation of the cash-to-cash cycle in the chemical industry of 38 additional days when comparing the 2014-2019 averages to the pre-recession period of 2004-2006.

Optimal Sourcing 237

Optimal Sourcing Supply Chain Design Software Waste Reduction Inventory Reduction 237

Enterra Insights

SEPTEMBER 12, 2019

The staff at Legacy Supply Chain Services explains, “Consumers expect to find the products they want both in-store and online, to use technology to make purchases with the swipe of a finger and to have their purchase delivered to their doorstep the very next day. Lack of Inventory Visibility and Metrics. They are: 1.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

New Horizon Supply Chain Blog

AUGUST 1, 2022

Supply planners routinely plan purchasing, manufacturing, and outbound shipments based on detailed parameters relating to inventory levels, purchasing lead times, and manufacturing capacity. Yet in most companies, such plans seldom take into account transportation capacity or availability. Rising Transportation Costs.

Optimal Sourcing 52

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

Freightos

OCTOBER 26, 2020

The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. Maersk would split into two divisions – a Transport & Logistics division, and an energy division. Other sources reported that DB Schenker was not the only forwarder making this shift. Maersk 2019 Annual Report.

Logistics Network Optimization Software 298

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Price Reduction 298

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. The company is using Blue Yonder for transportation management, Coupa’s Supply Chain Guru for network design, and FourKites ( see the webinar ) for transportation visibility in certain regions or departments to help with this.

Supply Chain Design Software 209

Supply Chain Design Software Purchasing Skills North America Resource Reduction 209

GlobalTranz

JANUARY 21, 2019

So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. According to Steve Banker via Forbes , Amazon’s purchase of Whole Foods positioned the company to corner the omnichannel area , and Amazon went a step further. Reverse logistics.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported having a clear overall plan for digital transformation. The Improved Way.

Agile and Lean Supply Chain 147

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Modeling 147

Logistics Viewpoints

DECEMBER 1, 2022

There were record numbers (see Figure 1) through August 2022 and even when September’s volumes receded they were still 7% higher than pre-pandemic 2019. 2023 call: Global supply chains will be slightly less busy, congested and chaotic, but cheaper – at least the transportation part.

Predictive Analytics Software 228

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 228

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

Omnichannel Analytics Software Supply Chain Planning Software Predictive Analytics Software 100

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” The changes are set to take effect by May 2019. Walmart’s latest move.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113