The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Gartner estimates that by the end of 2022, 85% of enterprises will have some form of RPA implemented in their business and Forrester calculates the RPA market will exceed a 50% CAGR by 2023, going from roughly $500 million to $2.8 Procurement. Purchase Order Management. Inventory Management.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Logistics Viewpoints

SEPTEMBER 6, 2024

These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.” Ulula utilizes analytics to improve the working conditions for workers across global supply chains.

Supply Chain Planning Software 291

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software North Carolina 291

BlueYonder

DECEMBER 8, 2023

There are patterns to speak of but, increasingly, they’re tricky to spot as they pop up and fade, almost in real-time, across a complex array of purchase preferences and channel combinations. Despite all the complexity in predicting the season, there are clear clues for how to tactically leverage inventory placement.

Retail 114

Retail Supply and Demand Inventory Demand Planning Software 114

Logistics Viewpoints

OCTOBER 2, 2023

The interview occurred during athe FourKites Visibility 2023 user conference on September 7th in Chicago. The company’s customers report that the ETAs provided by these FourKites are more accurate, timely and easier to access than those provided by carriers. In that study, FourKites 2021 revenues were estimated to be $65 million.

Real-time Visibility 292

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 292

Supply Chain Shaman

DECEMBER 7, 2023

Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience. No technology in the market measures inventory health. My conclusion?

Supply Chain Design Software 315

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 315

Enterra Insights

JANUARY 9, 2023

Jocz noted, “Purchases depend on consumers’ having disposable income, feeling confident about their future, trusting in business and the economy, and embracing lifestyles and values that encourage consumption. 2023 Retail Trends. This is the conundrum faced by retailers as they enter the new year. ”[1]. Too dystopian?

Trends 130

Trends Retail Omnichannel Predictive Analytics Software 130

Enterra Insights

AUGUST 31, 2023

During this period of changing consumer behavior, retailers experienced an inventory mismatch and inflation reared its ugly head. Fortunately, the deep recession that many economists predicted didn’t emerge. ” It also means that many of their purchases will be made through social channels. How long can that continue?”

Packaging 246

Packaging New York Procurement Analytics S&OP 246

BlueYonder

APRIL 4, 2023

We are very excited to announce that Blue Yonder has been recognized as a Strong Performer in The Forrester Wave : Order Management Systems, Q2 2023 Report. As stated in the report, customers today demand real-time availability and delivery information — and earlier in the shopping process than ever before.

Procurement Analytics 98

Procurement Analytics Real-time Visibility Supply Chain Design Software Supply Chain Planning Software 98

ToolsGroup

APRIL 3, 2023

After four days of retail insights focused on the trends, business models, and technologies that are shaping the future of retail, ShopTalk 2023 has closed a successful and illuminating conference. Sahil Gupta , Chief Product Officer at ToolsGroup, shares the most important insights and takeaways from this year’s ShopTalk conference.

Inventory Reduction 156

Inventory Reduction Price Reduction Supply Chain Planning Software Forecasting Software 156

ivalua

FEBRUARY 8, 2023

Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2023

but when demand slowed, the pressure to reduce inventory becomes a lot higher. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels. 2022 ocean schedule reliability dropped to 30%.

Rail Software 244

Rail Software Real-time Visibility Supply Chain Planning Software Predictive Analytics Software 244

SCMDOJO

SEPTEMBER 18, 2023

Whether you’re a seasoned procurement professional or just stepping into the world of sourcing and acquisitions, understanding the nuances of procurement synonyms can make all the difference. So, get ready to elevate your communication skills and gain a deeper understanding of the procurement domain.

Negotiating Skills 105

Negotiating Skills Manufacturing Procurement Optimal Sourcing Pricing Training 105

Logistics Viewpoints

OCTOBER 19, 2023

The issue wasn’t poor planning – they had the inventory. Multiple calls only muddied the waters, but a few things became clear: inventory was in the warehouse, but my order for it was stuck. The combinatorial factors disrupting supply chains persist, but in this case the problem was completely preventable.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 290

Enterra Insights

APRIL 2, 2024

The checkout kiosks bleat and flash when you fail to set a purchase down in the right spot. Journalist Chris Gorrie reports, “Walmart’s heavy reliance on self-checkout has necessitated the deployment of workers as makeshift security personnel, actively monitoring customers for potential theft.”[2]

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

Supply Chain Matters

JANUARY 27, 2025

Retail sales in all of 2023 reportedly amounted to $5.1 Mastercard , which utilizes tracking data related to all forms of payment transactions, excluding automotive sales, reported that retail sales increased 3.8 Mastercards base number for 2023 growth was 3.1 Actual online and non-store sales in 2023 amounted to $273.3

Procurement Analytics 52

Procurement Analytics Electronics Supply Chain Planning Retail 52

Enterra Insights

JUNE 26, 2023

As I wrote in a previous article, “Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them.”[1] The new ‘2D’ barcodes will unlock reams of online extras (for consumers) and revolutionize inventory management (for retailers).

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Inventory Management Software Supply Chain Software 130

SCMDOJO

APRIL 4, 2023

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Prescriptive Analytics Software 111

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 111

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Precoro

NOVEMBER 13, 2023

However, only 30% of CPOs claim they have achieved their cost-saving targets in 2023. One of the ways that procurement teams improve this figure is by tracking and improving the purchase price variance (PPV) metric. Why Is Purchase Price Variance Important?

Purchasing Skills 85

Purchasing Skills Procurement Analytics Negotiating Skills Negotiate Pricing 85

ToolsGroup

MAY 2, 2023

FeaturedCustomers is the leading customer success content marketing platform for B2B business software and services, helping potential B2B buyers make informed purchasing decisions through vendor-validated content. Only 15 companies met the criteria needed to be included in the Spring 2023 Demand Forecasting Software Customer Success Report.

ToolsGroup 156

ToolsGroup Forecasting Software Supply Chain Design Software Supply Chain Planning Software 156

Logistics Viewpoints

JUNE 28, 2024

The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes. billion in 2015.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 263

ThroughPut

OCTOBER 18, 2024

ThroughPut AI: Best for supply chain analytics and decision intelligence WATCH ON-DEMAND THROUGHPUT AI DEMO With Artificial Intelligence (AI) and Machine Learning (ML), a very powerful force comes into play in your supply chain decision-making processes with ThroughPut AI.

Supply Chain Planning Software 52

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

Logistics Viewpoints

OCTOBER 14, 2022

I keep reading reports that companies such as Amazon, Walmart, and Best Buy are planning to kick off massive holiday deals in late October / early November. According to a report by Adobe Analytics, tech gadgets to sporting goods will see “massive” online discounts, with the best bargains likely in late November.

Logistics Network Optimization Software 259

Logistics Network Optimization Software Logistics Purchasing Skills Supply Chain Planning Software 259

Enterra Insights

AUGUST 15, 2024

One such behavior was a notable increase in online grocery purchases. In early 2023, journalist Emily Newton wrote, “Stuck at home, increased numbers of consumers turned to their computers or phones to order groceries from websites like Instacart, or food delivery apps such as Uber Eats, DoorDash or GoPuff.

Pricing Training 130

Pricing Training Predictive Analytics Software Optimization Software Purchasing Training 130

BlueYonder

DECEMBER 18, 2023

Blue Yonder has been named as a Leader in the IDC MarketScape: Worldwide Order Orchestration and Fulfillment Applications for Retail 2023 Vendor Assessment (doc #US49615623, December 2023). The IDC MarketScape report on Order Orchestration and Fulfillment evaluates 14 software vendors in this area.

Optimal Sourcing 123

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 123

Supply Chain Shaman

JUNE 21, 2023

Almost two decades of reporting. To support this assertion, I share the results in Table 2, which contrast the Gartner Top 25 2023 winners to the results of their industry sector for the ten-year period of 2023-2022. Demand latency is the time cycle to translate a channel purchase to an order.) Is this success?

Gartner 360

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 360

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

BlueYonder

NOVEMBER 30, 2023

If those things weren’t enough, there’s the guessing game of how tech-savvy shoppers of all ages will combine channels to fit purchases around lifestyle, inflation-hit budgets, and increased appetite for spotting a great deal. in 2023 versus 2022. In e-commerce, the same forecast cites 10.3% growth for the same period.

Supply Chain Optimization 109

Supply Chain Optimization Cost Reduction Strategies Purchasing Skills Agile and Lean Supply Chain 109

QAD

APRIL 4, 2023

We are thrilled to announce the release of QAD Adaptive ERP 2023, the latest version of QAD’s next-generation ERP solution that includes the QAD Enterprise Platform. This includes integrating multi-currency, multi-GAAP, and multi-entity financials, implementing best practice purchasing, and utilizing real-time data and flexible analytics.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Modeling Software 98

BlueYonder

NOVEMBER 21, 2023

With at least three major discount events, the 2023 holiday season will surely put store and warehouse teams to daily tests of collaboration. Retailers intent on finishing up the season with healthy figures and taming costs would do well to find smart ways of lightening the load for the people who make a bumper Q4 in retail possible.

Purchasing Skills 115

Purchasing Skills Real-time Visibility Retail Inventory Reduction 115

Logility

JULY 22, 2024

This integration allows us to make better purchase decisions and streamline processes across the supply chain,” explains Raheel, highlighting the immediate benefits of the cohesive and comprehensive supply chain platform. Since the integration project in 2021, continuous improvement has been at the heart of Reynolds’ strategy.

Continuous Improvement 204

Continuous Improvement Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 204

Precoro

JULY 29, 2024

Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?

Procurement Solutions 83

Procurement Solutions Supply Chain Design Software Supply Chain Planning Software Inventory Management Software 83

Precoro

AUGUST 14, 2023

More and more companies are acknowledging the importance of centralizing and optimizing their procurement operations. One of the ways to accomplish this is to establish a procurement team to streamline ordering by centralizing purchases and improving supplier relations. What are the duties of a procurement manager?

Negotiating Skills 75

Negotiating Skills Purchasing Skills Buyer Training Procurement Solutions 75

ModusLink Corporation

DECEMBER 13, 2022

Just-in-time inventory philosophies have fallen short and resulted in lost site supply for warehousing and distribution centers, and the post-COVID consumer is more conscious of their decisions. Optimizing labor resources is the most common facet of cross-global fulfillment in 2023. Optimize Labor.

Inventory Reduction 78

Inventory Reduction Resource Reduction Waste Reduction Material Savings 78

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance.

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Unleashed

JULY 2, 2024

Efficient purchasing is conducive to healthy cash flow. The more effective your purchasing processes, the more profitable your business becomes. In this guide we explore the process of purchase order management, its role in a wider supply chain management strategy , and the best practices for optimised purchasing workflows.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Purchasing Skills Pricing Training 52

Synovos

NOVEMBER 10, 2023

This achievement is further heightened, as the criteria for attaining the platinum standard in 2023 are even more rigorous than in previous years. The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement.

Eliminating Excel in Purchasing 105

Eliminating Excel in Purchasing Groups Optimal Sourcing Manufacturing Procurement 105