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

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. Higher chance of heavy reliance on external financing sources, such as loans or credit lines. According to The J.P.

Optimal Sourcing 59

Optimal Sourcing Negotiate Pricing Inventory Reduction Material Savings 59

Arena Solutions

APRIL 4, 2023

1 In 2018, the three engineering disciplines producing the most degrees were, mechanical engineering, with 31,936 degrees, computer science with 19,082 degrees, and electrical engineering with 13,767, 2 And in 2020, 199,790 degrees in engineering were awarded in the U.S. Breaking it down In the U.S. 3 What’s the allure?

Manufacturing Procurement 81

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 81

Bristlecone

MAY 21, 2021

Did you know that advanced analytics, when used in lieu of traditional statistical models, can help procurement departments increase cost efficiency by 3-8%? [1]. The procurement department of any business generates more data than is humanly possible to compute and comprehend through traditional means. Operational Procurement.

Procurement Analytics 52

Procurement Analytics SAP Negotiate Pricing Procurement Solutions 52

ToolsGroup

APRIL 1, 2022

Learn more on how to overcome today’s supply chain challenges by securing the free guide, 8 Winning Strategies to Combat Supply Shortages. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK. Consultancy UK).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

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. With 52% of respondents working on individual digital projects but lack an overarching corporate strategy. Strategic product segmentation, sourcing and inventory management.

Supply Chain Network Software 243

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

Logility

FEBRUARY 26, 2020

Accurate forecasts help minimize inventory, maximize production efficiency, streamline purchasing, optimize distribution, maximize customer service, ensure confidence in company financial projections. The Changing Role of the Planner.

Forecasting 162

Forecasting Forecasting Software Optimal Sourcing Supply and Demand 162

Enterra Insights

FEBRUARY 9, 2021

Businesses must implement strategies to ensure sustainability ambitions are being supported throughout all tiers of the supply chain.” The first company, Nestlé, the world’s largest food company and an Enterra Solutions ® client, announced last December it plans to invest $3.6 Why sustainability is important. ”[6].

Sourcing Strategies 113

Sourcing Strategies Supply Chain Planning Software Procurement Analytics Sustainability 113

Enterra Insights

SEPTEMBER 28, 2020

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data analytics and cognitive risk sensing are becoming increasingly important tools for organizations.” ” They go on to report, “A recent Deloitte analysis of the top 52 U.S.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

Unleashed

JUNE 23, 2021

2021 has been a tumultuous year, marking a transition period from the chaos of 2020 through to the beginning of the post-Covid-19 recovery. It’s seen businesses adapting rapidly, with technology playing a key role in giving managers the flexibility and efficiency to thrive. Multi-warehousing efficiencies. Inventory forecasting.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Precoro

JUNE 6, 2022

In 2020, the global Supply Chain Management market was valued at $15.85 Efficient SCM starts with a well-managed network of suppliers and vendors. For example, software vendors often sell software and support services to the end-user on behalf of large IT corporations. And is expected to double by 2026.

Manufacturing Procurement 98

Manufacturing Procurement Purchasing Skills How To Procurement Solutions 98

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Post Y2K, investments were focused on energy, efficiency, and safety features.

Supply Chain Planning Software 72

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 72

Unleashed

MARCH 14, 2021

The food supply chain refers to the process of preparing a food product from start to finish: sourcing the raw materials and taking the food through a manufacturing process, through to the final packaging of the product, the sale to the customer and the final delivery. What is the food supply chain? How does the food supply chain work?

Supply Chain Software 97

Supply Chain Software Food Manufacturing Procurement Gartner 97

6 River Systems

JULY 29, 2020

Today, anyone can start an online retailing business from any part of the world and ensure their products are delivered to customers efficiently by using a third-party logistics company. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

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. With 52% of respondents working on individual digital projects but lack an overarching corporate strategy. Strategic product segmentation, sourcing and inventory management.

Agile and Lean Supply Chain 147

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

CH Robinson Transportfolio

JULY 28, 2020

While no one could have predicted the level of change 2020 has already brought, it is also creating new opportunities for the first time. While outsourcing should never be approached without a strategy in place, gone are the days when supply chain outsourcing was synonymous with a loss of control and visibility. For example, C.H.

Resource Reduction 55

Resource Reduction Vendor Strategies Cost Reduction Strategies Inventory Reduction 55

HICX Solutions

JANUARY 27, 2022

The turbulent events of 2020 and 2021 have brought the world to a virtual standstill and with it a realization of just how dependent organizations are on their supplier communities. But SRM can be less relevant in wider categories where qualitative metrics play a greater role.

Supply Chain Design Software 98

Supply Chain Design Software Modeling Software Procurement Solutions Optimal Sourcing 98

Logistics Bureau

OCTOBER 28, 2020

Process Efficiency. It’s not uncommon for small and medium-sized businesses to lack supply chain process efficiency. Paper-based processes should be eliminated, as business software applications are affordable and get things done much more efficiently. Confusing Strategic with Single (Sourcing).

Supply Chain Planning Software 69

Supply Chain Planning Software Supply Chain Software Inventory Management Software Inventory Reduction 69

Intelligent Audit

FEBRUARY 17, 2022

As one of the latest mergers and acquisitions (M&As) in logistics, it is no surprise that many shippers are concerned about its implications for their freight management strategies. That demand created a new need — a need for improved efficiency and long-term stability once the market declines.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

Enterra Insights

APRIL 25, 2023

”[3] He continues, “No matter the data source (e.g., The site explains each goal this way: • Prevent food waste at the source by storing food optimally, making use of every edible part of the ingredient and planning meals ahead of time. ” Peters agrees there are strategies that can help reduce food waste by growers.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

IQMS

NOVEMBER 29, 2018

Manufacturers who excel at orchestrating analytics, Business Intelligence (BI), quality management and real-time monitoring to improve manufacturing strategies are growing 10% faster than their peers. It’s a proven strategy for competing and winning new customers against more entrenched, and manually-based competitors.

Manufacturing Procurement 102

Manufacturing Procurement Procurement Analytics Trends Manufacturing 102

Supply Chain Shaman

NOVEMBER 20, 2014

At the end of 2014, many leaders that I work with are preparing their 2015 strategies. The word digital is everywhere in their presentations– digital path to purchase, digital agriculture, and digital manufacturing. Too few companies understand the differences between syndicated data sources and the use of channel data.

Analytics Software 293

Analytics Software Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software 293

o9 Solutions

JANUARY 25, 2023

This blog explores how policy developments such as the digital product passport (DPP) alongside supply chain software can play a role as enablers. For example, detailed information about the materials that make up a product is required to achieve efficient recycling. What is the digital product passport (DPP)? 2021 ; Walden et al.,

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

6 River Systems

JUNE 29, 2020

It’s likely that in the coming months and years, many supply chain leaders will look to automation solutions that help to minimize physical contact and the number of touches required to move products through the supply chain. “Business leaders should also look at how new tools and technologies can provide greater intelligence.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

Logistics Bureau

OCTOBER 28, 2020

Process Efficiency. It’s not uncommon for small and medium-sized businesses to lack supply chain process efficiency. Paper-based processes should be eliminated, as business software applications are affordable and get things done much more efficiently. Confusing Strategic with Single (Sourcing).

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Management Software Inventory Reduction 52

Ware2Go

APRIL 11, 2023

Many argue that eCommerce is actually more sustainable than the traditional brick-and-mortar shopping model due to efficiencies in fulfillment and logistics. Businesses are starting to take notice and more importantly, consumers are starting to notice and carefully consider the environmental impact of their online purchases.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

ThroughPut

OCTOBER 7, 2022

This chain of cost savings continues as efficiencies seep in. Since 2020, consumer behavior has changed drastically and is still shifting as people get used to the ‘new normal.’ An AI-powered tool can help you get this baseline in a matter of minutes. Further, warehousing costs can fall by 5-10%. What makes this process easier?

Forecasting 52

Forecasting Modeling Supply and Demand Forecasting Software 52

ThroughPut

MAY 11, 2021

Growing pains like delayed delivery times, high fulfillment costs, and the inability to find efficient and cost-effective shipping options can be overwhelming. Along with the forecasts for virus containment and economic recovery these changes are essential for forming retail strategies. . Stock management and replenishment strategy .

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

Logistics Bureau

OCTOBER 26, 2020

As legislation focuses ever more heavily on environmental protection though, and consumers increasingly consider sustainability in their purchasing decisions, all supply chain organisations will need to find the way forward. As you begin to see results, you will need to evaluate them against your chosen metrics.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 84

ThroughPut

MAY 11, 2021

Growing pains like delayed delivery times, high fulfillment costs, and the inability to find efficient and cost-effective shipping options can be overwhelming. Along with the forecasts for virus containment and economic recovery these changes are essential for forming retail strategies. The many woes of retail supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

MAY 11, 2021

Growing pains like delayed delivery times, high fulfillment costs, and the inability to find efficient and cost-effective shipping options can be overwhelming. Along with the forecasts for virus containment and economic recovery these changes are essential for forming retail strategies. The many woes of retail supply chain management.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Software 52

ThroughPut

JULY 6, 2021

Do you remember the time when the COVID-19 pandemic lockdowns were announced across the world, followed by the panic purchase of essentials to the point where supermarkets and grocery stores were left with empty shelves? Since 2020, consumer behavior has changed drastically and is still shifting as people get used to the ‘new normal.’

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

HICX Solutions

NOVEMBER 11, 2020

World Procurement Congress 2020. Last week saw the conclusion of World Procurement Congress 2020 , which was rounded off on the final day with a discussion on supplier experience management. Digital Procurement Strategy & Vision. The challenge.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Optimal Sourcing Procurement 52

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. The American customer satisfaction index customer experience benchmarks for timeliness of delivery fell drastically from 82 in 2020 to 76 in 2022. Source: statista.com. It gives them an experience of the product before purchasing. – Statista, U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52

Logistics Bureau

SEPTEMBER 28, 2020

When the COVID-19 pandemic began wreaking havoc in global supply chains early in 2020, many companies realised that they didn’t have the resources, personnel, or computing infrastructure to deal with the disruptions. percent between 2020 and 2027. 4PL companies often contract 3PL providers to carry out logistics services for them.

Logistics Network Optimization Software 96

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Company 96

Unleashed

FEBRUARY 21, 2021

Strategies to grow their brand and brewery sales are often as creative as the recipes, packaging, and pairings for their beers. With the added uncertainty of the ongoing global pandemic, the need to implement effective business strategies – and have the right brewery software in place – has never been more critical.

Cost Reduction Strategies 85

Cost Reduction Strategies Material Savings Inventory Reduction Expense Reduction 85

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. A well-defined customer-centric supply chain starts with a clear definition of the organization’s strategy to serve a well-defined customer requirement. Over the last month, I moved.

Customer Service 307

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 307