Supply Chain Shaman

OCTOBER 8, 2019

The budget is for a fiscal year with quarter reporting and updates. The direct connection between the two processes increases costs and increases error. Instead, it should be mapped as an input to track supply chain forecasting to financial budgets for reporting and insights. Time horizon. Bias and error. Apparel is an example.

Supply Chain Design Software 190

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 190

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. In contrast, finance flexes inventory up and down in less mature organizations to manipulate cash flow for either investor reporting or bonus incentives. The second is there is no clear reporting on the cause and effect.

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Precoro

FEBRUARY 26, 2024

For procurement professionals, systemizing and optimizing cost centers is not just a matter of financial management; it's a strategic task for driving efficiency, controlling costs, and enhancing overall performance. In this article, we delve into the intricacies of cost centers and explore strategies for improvement.

Optimal Sourcing 105

Optimal Sourcing Cost Reduction Strategies Optimization Software Negotiating Skills 105

Supply Chain View from the Field

NOVEMBER 16, 2013

I recently completed a study of 25 CPO’s, each providing their view of what procurement will look like in 2025. You can download the full report at this link. Procurement has a history that is linked in the core concepts of centralization, volume leveraging, and cost reduction.

Manufacturing Procurement 60

Manufacturing Procurement Procurement Analytics Optimal Sourcing Study 60

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. Chain Store Age ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

ShipBob

OCTOBER 24, 2022

Demand forecasting can help you spend less money on both inventory purchase orders and warehousing , as the more inventory you carry, the more expensive it is to store. They plan to continue to grow at that pace, so they are looking into whether they should purchase land, lease a warehouse, or outsource fulfillment to keep up with demand.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

ToolsGroup

FEBRUARY 9, 2022

While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. Once upon a time, you brought me so much joy.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. I live in Chicago. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Talking Logistics

APRIL 8, 2016

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Many shippers have effectively elected to toss to the wayside any talk of partnerships, relationships, cooperation, collaboration, etc. ,” the report read [emphasis mine]. Based on the quote above from the Stifel report, it seems like my advice has been ignored.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Guinea 100

GlobalTranz

MARCH 28, 2016

Google’s 2014 purchase of the British firm Deep Mind for something more than $ 400 million produced a bonanza of publicity earlier this year, when its game playing program whipped a human master of the ancient strategy game Go. We have adjusted to their presence very quickly, haven’t we? Will they make all of us obsolete someday?

Logistics Network Optimization Software 120

Logistics Network Optimization Software Optimization Software Inventory Management Software Modeling Software 120

Logistics Viewpoints

DECEMBER 4, 2020

And according to multiple reports, the first doses of the vaccine are on the way to the US as well. The flights were reportedly between Brussels and Chicago, and represent one leg of a chain, which will extend from Chicago to distribution hubs around the US. So, a big congrats to my dad. I guess maybe it’s my turn now.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Logistics Pharmaceutical California 130

Freightos

JULY 23, 2015

Chicago only. Information and predictive analytics on vessel activity. shipping address for E-Commerce purchasing. cities, eg Chicago. report about each of these startups, including their funding, primary focus, categorization and more. Marketplace matching movers with freelance truck drivers. Description.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Supply Chain Design Software San Francisco Predictive Analytics Software 120

Enterra Insights

SEPTEMBER 13, 2022

Last September, food journalist Christopher Doering ( @cdoering ) reported, “Private label brands have struggled to keep up with brand name offerings during the past year, according to data from IRI. The Chicago-based market research firm said during the 52 weeks ending Sept. 19 [2021], sales of brand names rose 3.6% Footnotes.

Packaging 130

Packaging Manufacturing Procurement Food Procurement Analytics 130

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

Price Reduction 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52

NC State SCRC

MAY 16, 2016

We met at the United Club in Chicago, as he was on his way back from a visit with Honda, and met to discuss the upcoming study I will be working on with him on procurement analytics for the Center for Advanced Purchasing Studies later this summer.

Forecasting 40

Forecasting Predictive Analytics Procurement Analytics Analytics 40

DAT Solutions

JANUARY 29, 2019

Then temperatures suddenly plunged into the single digits and below in much of the Midwest, including sub-zero temps in Chicago and Minneapolis. The National Weather Service advises people to stay indoors, but if you must go out, " avoid taking deep breaths and minimize talking," according to a report in USA Today.

Minneapolis 79

Minneapolis Nashville Chicago Charlotte 79

NC State SCRC

FEBRUARY 17, 2019

In our study, we accessed a sample of data from three major hospitals in the United States in Chicago, New Jersey, and Florida, in collaboration with SCWorx, which part of a national initiative to drive improved data integrity in hospital acquisition systems.

Negotiating Skills 53

Negotiating Skills Purchasing Skills Material Savings Negotiate Pricing 53

Material Handling & Logistics

DECEMBER 19, 2018

A National Retail Federation report found that 92% of companies surveyed had been a victim of organized retail crime in the past year. The report found that 92% of companies surveyed had been a victim of ORC in the past year and that 71% said ORC incidents were increasing. The number was down from 40% last year and 44% the year before.

Retail 81

Retail San Francisco Fort Worth Los Angeles 81

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Brands can connect products, sales channels, warehouses, workflows, reports, and more. Venture Funding: $25M U.S.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

Resilinc

OCTOBER 2, 2023

Now the strike covers 21 states and 41 distribution centers, including two new, crucial plants: Ford’s Chicago assembly plant and GM’s Lancing Delta Township plant. The Chicago assembly plant is Ford’s largest and oldest plant , opened in 1924.

Automotive 75

Automotive Negotiate Pricing Negotiating Skills Supply Chain Planning 75

Supply Chain Shaman

JUNE 6, 2015

This week, I spoke at the Chicago CSCMP round table event. Today, 32% of companies have source, make and deliver reporting to the same organization, and the gaps in alignment between operations and commercial teams are large. Last night, I spoke at a conference on the use of advanced analytic techniques and the future of planning.

Supply Chain Planning Software 150

Supply Chain Planning Software Supply Chain Design Software Forecasting Software Demand Planning Software 150

ShipBob

MARCH 30, 2020

They manufacture the products and ship them to fulfillment or distribution centers once a purchase order has been placed. Robust technology that tracks your inventory and orders and offers advanced analytics. Bulk discounts and ability to reduce your delivery times and shipping costs. Reporting and insights.

Logistics Network Optimization Software 90

Logistics Network Optimization Software Logistics Supply Chain Design Software Inventory Management Software 90

Supply Chain Matters

MARCH 5, 2022

Intelligent procurement technology provider JAGGAER announced the finalization of a partnership with TealBook , a tech provider that leverages artificial intelligence and machine learning to gather, predict and refine supplier data and to provide companies with additional product sourcing options.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Cathy Roberson

AUGUST 1, 2022

This collaboration helps carriers plan capacity needs, temporary seasonal labor requirements, third-party transportation purchases, and more down to the zip code level. For retailers, a 2021 RIS report found that shoppers’ average BOPIS order increased by one to two items during pickup.

Inventory Reduction 96

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96

Ware2Go

APRIL 20, 2022

The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers. Ultimately, their ultra low-pressure drop systems have helped to reduce over 1,000 metric tonnes of carbon. Five Brands Leading the Charge.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

Freightos

FEBRUARY 4, 2020

The concept of an index, reporting the market price for a specific good, was developed precisely for this reason. As a result, nearly every industry has created on-demand metrics to gauge market performance, hedge risks, and to power intelligent decisions. But despite its size, containerized freight’s poor visibility persisted.

Optimal Sourcing 312

Optimal Sourcing Purchasing Skills Real-time Visibility Procurement Analytics 312

BlueYonder

MAY 31, 2023

As part of our “Fearless Females of Supply Chain” Blue Yonder Live series, Blue Yonder’s Chief Customer Officer Susan Beal spoke to Love’s Ashley Gockstetter, Director Customer Strategy, Loyalty & Analytics, and Karlyn Cottle, Manager of Vendor Strategy. You can watch their conversation here.

Supply Chain Strategy 96

Supply Chain Strategy Supply Chain Oklahoma City Purchasing Skills 96

Ware2Go

APRIL 11, 2023

The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers. Ultimately, their ultra low-pressure drop systems have helped to reduce over 1,000 metric tonnes of carbon. million cars to the road.

Examples 52

Examples Sustainability Retail Purchasing Skills 52

RFgen

NOVEMBER 10, 2015

eConsultancy reported 68 percent of retailers selling products online offer next-day shipping. If customers learn they can’t get products when they expect, they will abandon a purchase. Half of consumers give up on purchases when the organization doesn’t provide the delivery options they want.

Inventory Management Software 52

Inventory Management Software Real-time Visibility Procurement Solutions Supply Chain Design Software 52

RFgen

NOVEMBER 10, 2015

eConsultancy reported 68 percent of retailers selling products online offer next-day shipping. If customers learn they can’t get products when they expect, they will abandon a purchase. Half of consumers give up on purchases when the organization doesn’t provide the delivery options they want.

Inventory Management Software 52

Inventory Management Software Real-time Visibility Procurement Solutions Supply Chain Design Software 52

Cathy Roberson

AUGUST 15, 2022

Consumers have not necessarily put the brakes on buying stuff, and it's just that some consumers are being more mindful of what to purchase thanks to inflation. Croc's latest quarter, ending June 30, reported record revenue, up 51% year-over-year and gross profit up 26% year-over-year. Thanks for reading Rethinking supply chains!

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

CH Robinson Transportfolio

APRIL 8, 2021

We helped one of the largest outdoor retailers reduce their carbon output through mode conversion and purchase order aggregation, which eliminated 1,270 metric tons of emissions from their supply chain in one year – the equivalent of 3,000 barrels of oil. For example, because C.H.

Sourcing Strategies 44

Sourcing Strategies Waste Reduction Vendor Strategies Resource Reduction 44

ShipBob

NOVEMBER 6, 2023

Analytical procedures Doing analytical procedures during inventory audits involves comparing gross margins, inventory turnover ratio , and/or unit costs of inventory with previous years. This helps you understand trends so you can be better informed during inventory procurement and when you’re forecasting demand.

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Forecasting Software 52

Cathy Roberson

SEPTEMBER 15, 2022

According to the Association of American Railroads (AAR), the estimated cost of a nationwide freight railroad shutdown is more than $2 billion a day. This figure also includes the shipment of e-commerce purchases and other small parcel shipments. This will add additional costs to UPS’ bottom line should that happen.

Purchasing Skills 52

Purchasing Skills Pricing Training Procurement Analytics Purchasing Training 52

The Logistics of Logistics

JULY 20, 2022

Jon is the Director of Pricing Strategy & Analytics at Loadsmart , a freight technology company that is removing the barriers between shippers and carriers so freight can move in the most efficient, transparent and automated way. Loadsmart is a Chicago-based freight tech company founded in 2014. About Jon Payne. Jon holds a B.S.

Price Reduction 245

Price Reduction Purchasing Skills Cost Reduction Strategies Logistics Network Optimization Software 245

BlueYonder

OCTOBER 25, 2018

The brand is using data on online purchases to stock the new Nike Live concept store that opened in July. Nike lets customers quickly purchase what they want where they want it. Here are three things more retailers should consider just doing: Use e-Commerce to your advantage. Speed up your shopping experience.

Demand Planning Software 40

Demand Planning Software Analytics Software Forecasting Software San Francisco 40

CH Robinson Transportfolio

MARCH 28, 2018

For example, Generac works with our global forwarding and port services experts to optimize containerized freight moving from the West Coast to Chicago and beyond. In the event Generac’s purchasing group receives an urgent request while the freight is still at the consolidation site, they can divert it from intermodal to expedited truck.

Case Study 34

Case Study Global Transportation Resource Reduction Supply Chain Planning Software 34