Remove 2026 Remove Inventory Remove Procurement Analytics
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Group Purchasing Organizations: Principle of Work, Pros, and Cons

Precoro

Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Group purchasing organizations can be the perfect way for these companies to increase cost savings. Learn how they work, their benefits and limitations, and how they fit in with procurement software.

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The Future of Autonomous Supply Chains Part 1: Autonomous Shipping

Logistics Viewpoints

Autonomous supply chains can help businesses by enabling faster and more accurate demand forecasting, optimizing inventory levels and distribution networks, automating warehouse and delivery operations, and enhancing customer service and satisfaction.

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This Week in Logistics News (May 28 – June 3)

Logistics Viewpoints

The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. The future robotics market looks strong worldwide as many sectors seek answers to labor shortages, the Interact Analysis report said. s CargoNet.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

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What Does the Future Look Like for Online Grocery?

Enterra Insights

One such behavior was a notable increase in online grocery purchases. They reported, “The rapid migration of consumers to e-commerce channels during the pandemic has plateaued. ” Unfortunately, inflation hit the grocery sector hard and it affected online grocery purchases. In May 2023, e-commerce stood at 7.2

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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

trillion by 2026, surpassing the current GDP of all European Union member states combined. BORIS – Buy Online Return In Store BORIS is another omnichannel fulfillment model where consumers can return their previously purchased online orders at nearby physical stores. Impact of Mega Distribution Centers in Logistics 8.

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Inside the Construction Supply Chain: Trends and Innovations

RFgen

Understanding Construction Supply Chain Management According to a recent report, the global construction materials market size is projected to grow from $1,320.01 Central to the construction supply chain is inventory management. Incorrect Takeoff and Ordering Contractors can’t make important purchasing decisions without accuracy.