Enterra Insights

APRIL 2, 2024

This trend has represented significant financial loss for retailers, with average annual loss from this source alone exceeding $102,000 for a typical grocery store with 12 self-checkout lanes.”[3] ”[3] All retailers, not just grocers, are suffering from inventory losses.

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

Enterra Insights

DECEMBER 17, 2024

They write, “This includes tackling bigger issues such as compliance, supplier relationship management, risk and disruption, responsible sourcing, and transparency. IoT devices track inventory in real time, providing valuable insights into stock movement, reducing waste, and ensuring products are available when needed.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

BlueYonder

OCTOBER 24, 2024

Last week, a team from Blue Yonder attended the 2024 Gartner ® Supply Chain Planning Summit in London. Across its nearly 200 markets, HEINEKEN needs to use a common data source and planning platform, apply the same standardized processes, ensure the same analytic rigor and achieve consistent financial results. All rights reserved.

Gartner 119

Gartner Supply Chain Planning Software Supply Chain Planning Supply and Demand 119

Supply Chain Shaman

DECEMBER 7, 2023

In addition, the Council will conduct a supply chain review by December 31, 2024, to evaluate the impact of the supply chain on National Security Lora’s Take I think that we need to be skeptical without getting political. I am currently doing research on inventory management. No technology in the market measures inventory health.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 316

Supply Chain Shaman

DECEMBER 12, 2024

In 2001, China joined the World Trade Organization, increasing access to China as both a channel and a supply source. Expect greater variability in lead times and an increase in in-transit inventory. Inventory Management. Few are ready to rationalize the differences in the price of inventory on receipt. Take two actions.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement Supply Chain Design 195

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Incorporating circular economy principles throughout, from source to disposal. Incorporating responsible sourcing principles into the supply chain. Ordering, manufacturing and positioning of inventory in preparation for maintenance activities. Reduction in waste and driving cost efficiencies.

Resource Reduction 243

Resource Reduction Supply Chain Design Software Resources Sustainability 243

ToolsGroup

AUGUST 1, 2022

Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Enterra Insights

DECEMBER 5, 2024

” • Increase Inventories. “Third, companies could decide to hold excess inventory. A higher level of inventory would allow firms to better weather temporary supply shocks.” Pressure for companies to change their supply chains is also coming from domestic political sources. Footnotes [1] Peter S.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Gartner Supply Chain Strategy Inventory Reduction 130

Supply Chain Matters

JANUARY 3, 2024

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares samples of individual prediction snapshots that will be included in our Annual 2024 Predictions for Industry and Global Supply Chains Research Advisory publishing later this month.

Predictive Analytics Software 59

Predictive Analytics Software Sourcing Strategies Manufacturing Procurement Supply Chain Strategy 59

ToolsGroup

JUNE 15, 2023

Andrea Fabro, Demand & Operations Planning Manager, illycaffè noted – “Our long-time partnership with ToolsGroup helped us deliver a superior consumer experience, even in the midst of the pandemic, and continues to sustain our high standards for customer satisfaction and efficient inventory management across our network.”

Gartner 293

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 293

Supply Chain Matters

OCTOBER 28, 2024

The Ferrari Consulting and Research Group through its affiliated Supply Chain Matters blog provides both perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global Supply Chains.

Predictive Analytics Software 59

Predictive Analytics Software Manufacturing Procurement Cost Reduction Strategies Agile and Lean Supply Chain 59

Logility

MAY 26, 2022

Key Takeaways: • Supply chain volatility is expected to continue and plague some sectors until 2024. 25% of inventory surpluses are caused by a lack of transparency and visibility into the supply chain. Then, there’s the issue of surplus inventory. Demand variability has always confounded inventory planning.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Logility

OCTOBER 24, 2024

Joe Slater and Jonathan Doller at NASCES 2024. This eliminates the need for lengthy back-and-forth communications and manual data entry by delivering a single source of truth. So, instead of waiting for formal updates, each team sees the immediate impact of changing demand on inventory, production schedules, and budgets.

S&OP 223

S&OP Supply and Demand Optimal Sourcing Supply Chain Planning Software 223

Stord

MAY 8, 2024

It's important to partner and select the right technology partners that can take on the role of many disparate systems - this will ensure a less complex architecture and a source of truth. Agile practices optimize inventory management , promoting cost efficiency and lean inventories.

Optimal Sourcing 158

Optimal Sourcing Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 158

Resilinc

MAY 9, 2024

As C-Suite leaders continue to face the dual challenges of growing the business while responding to the challenges of an evolving market, discussions around cost management, the need for greater alternative sourcing, and use of supply chain lifecycle management approaches were resounding themes at the event.

Gartner 80

Gartner Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 80

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Let’s see the most common trends in 2024. As a result, it can help logistics companies to optimize inventory levels, reduce waste, and minimize the dreaded stockouts.

Optimal Sourcing 65

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 65

ThroughPut

MAY 24, 2024

Managing inventory in a supply chain is complex due to issues like downtime, delays, and demand fluctuations. Multi-Echelon Inventory Optimization (MEIO) is the solution, offering a sophisticated approach to optimizing stock levels, reducing costs, and improving service. What is Multi-Echelon Inventory Optimization?

Optimal Sourcing 52

Optimal Sourcing Modeling Inventory Reduction Optimization Software 52

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

Predictive Analytics Software 246

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 246

ThroughPut

JANUARY 2, 2024

The Just-In-Time inventory management approach revolutionized manufacturing forever. What is Just-In-Time (JIT) Inventory Management? Its central mission is to curtail inventory expenses and amplify operational efficiency by timing the receipt of goods to coincide with their actual need in the manufacturing cycle.

Inventory Reduction 52

Inventory Reduction Just-in-Time Resource Reduction Expense Reduction 52

Logistics Viewpoints

FEBRUARY 3, 2023

The partnership will kick off by first sourcing Walmart’s California stores with Plenty’s leafy greens from its Compton farm. Moller – Maersk is turning to flying drones to manage inventory counts in its warehouse network, the Danish firm said. Maritime containership giant A.P.

Logistics Network Optimization Software 216

Logistics Network Optimization Software Negotiating Skills Purchasing Skills Supply Chain Planning Software 216

BlueYonder

JANUARY 29, 2024

Gartner, Market Guide for Distributed Order Management Systems, Davison Schopmeyer, Tom Enright, 9 January 2024 Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation.

Gartner 115

Gartner Optimal Sourcing Distribution Supply Chain Design Software 115

Supply Chain Matters

AUGUST 27, 2024

JAGGAER provides configurable source-to-pay and supplier collaboration software for direct and indirect procurement processes through a single, unified platform. Vista is a leading global investment firm with more than $100 billion in assets under management as of March 31, 2024. million and closed on July 19, 2024.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Optimization Software 52

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

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

Supply Chain Matters

SEPTEMBER 4, 2024

Supply Chain Matters provides readers with a further installment in our global supply chain assessment series, specifically in providing highlights on reported August 2024 global wide PMI activity levels. The August data further reinforces indications of a global manufacturing slowdown. The seasonally adjusted August PMI value of 47.9

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global South Korea 52

ThroughPut

MAY 28, 2024

New York City, New York, May 28, 2024 /PRNewswire/ — ThroughPut.ai, the Supply Chain Decision Intelligence Pioneer, announces it has been selected by AFWERX for a ( SBIR Direct-to-Phase II contract ) in the amount of $1,248,627.00 Leveraging Data to Drive Maintenance-first actions that improve overall supply chain throughput across the DAF.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Optimal Sourcing Predictive Analytics Software 98

Unleashed

MARCH 19, 2024

Avoid having too much capital tied up in inventory; use stock optimisation software to set optimal min and max levels based on historical data and sales trends. This will help you slash your inventory and storage costs in one fell swoop. Optimise your reorder points. Lease big ticket items. Here’s what he had to say.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Manufacturing Procurement Purchasing Skills 52

Synovos

FEBRUARY 6, 2024

Integrated Supply in 2024: Three Trends Reshaping the Industry When it comes to the three biggest trends within integrated supply this year, the need for accurate data is a common thread. AI will continue to make headlines in 2024, but within the world of integrated supply, it is already making a difference on the ground. “AI

Trends 52

Trends Logistics Network Optimization Software Procurement Solutions Optimal Sourcing 52

Jaggaer

OCTOBER 3, 2024

It starts with spend analysis to provide a detailed cost breakdown, providing the information for competitive tendering via auctions using our Sourcing and Advanced Sourcing Optimizer modules, and aggregating spend where it makes sense for better leverage in negotiations. Improving quality is a further lever you have.

Negotiating Skills 52

Negotiating Skills Optimal Sourcing Purchasing Skills Groups 52

Taulia

MARCH 6, 2024

CFO challenges in 2024: from economic headwinds to global elections Among the numerous challenges for CFOs around the world in 2024, there’s no doubt that macroeconomic factors will continue to loom large. Eighty four percent had revised their sourcing strategies in the last year, while 55% of respondents in the U.S.

Cost Reduction Strategies 52

Cost Reduction Strategies Inventory Reduction Supply Chain Planning Software Sourcing Strategies 52

Unleashed

APRIL 2, 2024

million new jobs last year, while the use of AI in restaurants shot up by 31.61% according to data from the 2024 StartUs Food & Beverage Report. Omnichannel retail success takes brand strategy, data-driven thinking, and collaboration according to speakers from the Omnichannel Futures 2024 Conference, says Glynn Davis.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

ThroughPut

JULY 31, 2024

Luckily, it’s 2024, and there are some great tools designed to make your supply chain operations more optimized. Best Supply Chain Optimization Software in 2024 1. Using advanced AI and machine learning technologies, the tool helps predict demand accurately, optimize inventory, and streamline operations. Spreadsheets?!

Optimal Sourcing 52

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

Supply Chain Matters

JULY 18, 2023

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

BlueYonder

APRIL 23, 2024

Although trends like omni-channel ordering, automated inventory management, real-time order visibility, and same-day delivery bloomed in an era when most customers were spending most of the day at home, the demand for these trends has not diminished. That shortage of workers is not likely to ease dramatically in 2024,” warns the NRF.

Sourcing Strategies 116

Sourcing Strategies Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain 116

Supply Chain Matters

APRIL 25, 2024

Supply Chain Matters provides key highlights and added supply chain and production perspectives on Tesla ’s recent report of Q1-2024 financial performance. billion, a reflection of increased price discounting and a building inventory of unsold vehicles. Financial headlines included quarterly total revenue declining 9 percent to $21.3

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52