Logistics Viewpoints

FEBRUARY 2, 2024

Teradyne, which reports earnings on Tuesday, warned investors in its 2022 annual report about the potential impact of the October regulations, and in October 2023 said the restrictions hit both Teradyne’s sales to certain companies in China and its manufacturing and development operations. Retailers estimate 13.7

Cost Reduction Strategies 285

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 285

Logistics Viewpoints

MARCH 3, 2025

He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. They prepare equipment for maintenance, do isolation (disconnect a piece of equipment from the flow of chemicals by closing valves), look at quality or reliability metrics, and do rounds. Al Syed elaborated. Data does not move.

Negotiating Skills 166

Negotiating Skills Supply Chain Design Software Modeling Software Supply Chain Planning Software 166

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

Enterra Insights

APRIL 25, 2023

Tomorrow, 26 April 2023, is international Stop Food Waste Day. Journalist Erica Pandey reports, “America wastes more than 100 billion pounds — or 40% — of its food each year.”[1] and China, The Guardian reports. ” Why all the fuss? Food waste only exacerbates the challenge — and it’s everywhere.

Waste Reduction 130

Waste Reduction Food Price Reduction Resource Reduction 130

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 company is selling Coyote for $775 million less than the purchase price. The company disclosed the total of single-use plastic across global operations for the first time in 2022 after investors sought more details on plans to reduce waste.

Logistics Network Optimization Software 263

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 263

Unleashed

APRIL 18, 2023

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? In this inventory metrics guide What are inventory metrics? What are KPIs for inventory?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Logistics Viewpoints

NOVEMBER 21, 2022

294 manufacturing facilities produced more than 90 million metric tons of food and beverage in 2021. Scope 2 emissions are indirect emissions from purchased energy. They have asked they value chain partners to take four actions: Report their scope 1 and 2 emissions by the end of 2022. Set a science-based target by end of 2023.

Supply Chain Design Software 252

Supply Chain Design Software Purchasing Skills North America Resource Reduction 252

Logistics Viewpoints

MARCH 25, 2024

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. By 2023, attrition among these customers had fallen to 3.2%.

Vendor Strategies 290

Vendor Strategies Material Savings Resource Reduction Supply Chain Design Software 290

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

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

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

Taulia

JUNE 12, 2023

Blog Expert Advice 8 min read 12 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 10 supply chain KPIs and metrics to track We’ve listed the 10 top supply chain KPIs you can use to measure your supply chain performance and find opportunities for optimization.

Procurement Analytics 52

Procurement Analytics Metrics Supply Chain Software Inventory Reduction 52

ModusLink Corporation

DECEMBER 13, 2022

Success in 2023 will depend on the success of supply chains, and one-third of company leaders believe their supply chain distribution problems will last through 2023 (SAP News). Optimizing labor resources is the most common facet of cross-global fulfillment in 2023. According to 2023 survey results , 45.9% Optimize Labor.

Inventory Reduction 78

Inventory Reduction Resource Reduction Waste Reduction Material Savings 78

Precoro

MAY 22, 2023

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

Procurement Solutions 52

Procurement Solutions Procurement Analytics Pricing Training Purchasing Skills 52

Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. How you ship products is another way to connect with consumers who are becoming increasingly likely to consider sustainability before making a purchase. . roads generate about 7% of U.S.

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

SCMDOJO

JANUARY 19, 2025

Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. Grand View Research recently reported that the global e-commerce market will be valued at$25.93 trillion in 2023* , and we could see a growth rate of 18.9% Loans can be helpful for this technology upgrade cost, too.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Expense Reduction Inventory Reduction 52

crisp

JANUARY 24, 2024

Discover how Walmart’s Luminate Charter plan is revolutionizing retail data analytics with these five essential reports for suppliers. One of the biggest events in retail in 2023 was the launch of Walmart Luminate , a data platform offering suppliers more visibility and data access than ever before.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Report Price Reduction 52

QAD

JULY 7, 2022

The German Supply Chain Act (GSCA) goes into effect January 1, 2023 for companies with 3,000 or more employees and will extend to companies with 1,000 or more employees January 1, 2024. Consumers are increasingly expressing interest in ethical sourcing and environmental impacts related to the products they purchase.

Purchasing Skills 98

Purchasing Skills Manufacturing Procurement Cost Reduction Strategies Procurement Analytics 98

Unleashed

FEBRUARY 9, 2023

Amazon wholesaling is a business model in which products are purchased in bulk, directly from the distributor or manufacturer, and then sold through the Amazon platform to customers at a higher price. Amazon wholesaling works by purchasing existing branded products in bulk quantities and reselling them through the Amazon marketplace.

Inventory Management Software 52

Inventory Management Software Modeling Software Supply Chain Design Software Purchasing Skills 52

Unleashed

FEBRUARY 1, 2023

The demand planning process can be extremely complex as it requires the analysis of numerous factors, including historic and current datasets and internal analytics. We cover this in more detail later, but in brief, they should include sales rates, the total cost of goods, and forecast accuracy.

Supply and Demand 52

Supply and Demand Demand Planning Supply Chain Planning Software Demand Planning Software 52

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

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Precoro

FEBRUARY 12, 2024

In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams. There’s a toolkit of metrics to help the treasury department understand the level of liquidity. Let’s explore how.

Optimal Sourcing 69

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 69

Arena Solutions

APRIL 4, 2023

Reshoring and near-sourcing will likely continue to dominate manufacturing trends in 2023 as businesses work to cut their reliance on imports completely or in part. Metrics monitoring Real-time data can be accessed globally using cloud computing. Typically, it means obtaining raw materials from domestic suppliers.

Manufacturing Procurement 98

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 98

ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Cognira

NOVEMBER 28, 2023

Retailers guide to win holiday promotions November 28, 2023 Promotions Home As the holiday season approaches, retailers take preparatory measurements and tailor their holiday promotions for the most action-packed time of the year. With spending anticipated to hit $1.56 compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Unleashed

DECEMBER 13, 2023

Index figures are calculated from a combination of core performance metrics, including sales performance, purchasing and internal efficiency. The Q3 2023 index scores are based on more than 400,000 data points from 2,600 manufacturing firms using the Unleashed inventory management system.

Manufacturing Procurement 52

Manufacturing Procurement New Zealand Manufacturing Beverage 52

Taulia

JUNE 26, 2023

Blog Expert Advice 8 min read 26 Jun 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard The supply chain process: Step by step The supply chain process influences how effectively you manage costs, mitigate risks, and meet customer expectations.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Manufacturing Procurement 52

Taulia

JULY 11, 2023

Blog Expert Advice 8 min read 11 Jul 2023 By Taulia Share: Share via linkedin Share via twitter Share via facebook Share via email Copied Copy page URL to clipboard 5 supply chain initiatives to combat ESG risks Environmental, social, and governance (ESG) risks are a threat to both the operational health and reputation of diverse companies.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

ShipBob

JANUARY 23, 2023

And now, in 2023, ecommerce sales continue to accelerate. This year over 20% of purchases are expected to take place online , compared to 17.8% billion between 2023-2027. How carriers solving for last-mile delivery in 2023 In the United States, 90% of last-mile delivery growth is driven by ecommerce.

3PL 98

3PL Cost Reduction Strategies Inventory Reduction Expense Reduction 98

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? Most manufacturers prefer to leverage analytics data over traditional forecasting methods.

Supply and Demand 52

Supply and Demand Forecasting Demand Planning Forecasting Software 52

Taulia

JULY 28, 2023

This enables companies to receive cash earlier than the invoice payment due date, helping them free up working capital and achieve key performance metrics. A true sale, off-balance sheet AR finance solution only provides liquidity but also transfers customer default risk to the purchaser of the receivables.

Optimization Software 52

Optimization Software Modeling Software Modeling Real-time Visibility 52

Unleashed

JULY 25, 2023

It’s a vital inventory accounting metric for monitoring sales and managing perishable goods – without it, your business will struggle to operate efficiently and could start losing money fast. Inventory turnover period The inventory turnover period is the time taken from when you purchase inventory until the time those goods are sold.

Inventory Reduction 52

Inventory Reduction Optimal Sourcing Inventory Price Reduction 52

EazyStock

FEBRUARY 11, 2021

Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023. Customer reviews are very closely linked to online buying processes and purchasing behavior.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Price Reduction 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. These standards push companies to evaluate how they select, purchase, and manage supplier goods. Cotton is a great example.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

SupplyShift

JUNE 23, 2021

Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at tier two, three, and beyond, as each level of the supply chain carries different risks. These standards push companies to evaluate how they select, purchase, and manage supplier goods. Cotton is a great example. Plastic usage. Fair wages.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Design Software Manufacturing Procurement Material Savings 52

crisp

SEPTEMBER 19, 2024

Now, when shoppers search for the products they need online, they are presented with a range of purchasing options, including pickup and delivery from brick-and-mortar locations nearby. Ensuring consistent product availability at the individual store level is increasingly necessary to meet all potential order scenarios.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Price Reduction Vendor Strategies 40