Remove 2026 Remove Inventory Remove Procurement Solutions
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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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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. In short, they help users make better decisions, much faster, resulting in improved financial performance, inventory efficiency, and customer satisfaction. Get the insights you need.

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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. ” Unfortunately, inflation hit the grocery sector hard and it affected online grocery purchases. Artificial intelligence solutions, like the Enterra Trade Promotion Optimization System can help optimize trade promotions. ” 3.

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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. Compare this to the 9% returns rate of purchases made in-store. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019. In the U.S,

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Inside the Construction Supply Chain: Trends and Innovations

RFgen

Central to the construction supply chain is inventory management. Therefore, more stakeholders and collaborators in the supply chain, the more necessary an efficient inventory management system becomes. A poorly managed inventory can lead to increased overhead costs and low availability of materials, impacting partners downstream.

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Google Launches Last-Mile Fleet Solutions – Gamechanger?

Cathy Roberson

Technology provider Google launched Last Mile Fleet Solution on March 17 to provide last-mile fleet operators with real-time routing and tracking capabilities. A Pitney Bowes study forecasts ecommerce shipments to double by 2026 and that 90% of US consumers expect free two-to-three-day shipping. Where's my package?