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<p>Retailers and brands have a wealth of customer data at their fingertips. Between your website, retail store, and loyalty program, the amount of insights you have on your customers is truly astounding. And maybe even a little overwhelming.</p> <p>You’re probably already using customer data for inventory planning and allocation, but does it influence your <a href="[link] promise</a> and the options you give to your customer
If you are in the business of selling physical products to customers, not being able to fulfill demand means your business is failing. It's a stark reality and one that is particularly frightening in today's omnichannel e-commerce environment. Part 1 and Part 2 of this series discussed the successful rise of omnichannel shopping in food and grocery - now see how it can affect the success of your brick and mortar.
by Bill DuBois The life sciences supply chain starts with a miracle. Is there a more challenging industry than life sciences? In a recent Forbes interview on why it’s so hard to bring tech into pharma, Vas Narasimhan, Chief Executive Officer of Novartis AG pointed out that only one in twenty drugs make it out of clinical trials. One in twenty. A rate that hasn’t increased in over a decade.
The success of your business centres on the ability to effectively manage your inventory stock and to do it in a way that is both timely and efficient. Time is a limited resource in any organisation and inefficiencies in its management can have a negative impact on your operating processes and your ability to deliver to consumer demands. Inventory control techniques are a great way to save time in your day-to-day activities, enabling you to streamline operations and providing the opportunity to
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
Microsoft Excel is arguably the most widely used supply chain and logistics application , while blockchain is one of the most talked about emerging technologies in the industry, promising to transform the way companies share data and execute transactions with their trading partners. It was only a question of time before Excel and blockchain came together.
Why your “network” is not delivering the results you expect. The confusion in the market about the difference between multi-enterprise. The post 8 Signs Your Cloud B2B Network is Broken appeared first on The Network Effect.
Why your “network” is not delivering the results you expect. The confusion in the market about the difference between multi-enterprise. The post 8 Signs Your Cloud B2B Network is Broken appeared first on The Network Effect.
Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing opera
Implementing a modern warehouse management system (WMS) is useful to ensure the scalability and functionality of supply chains. While numerous WMS applications offer different benefits and capabilities, common threads exist around WMS implementation and go live plans. Supply chain leaders should know WMS implementation challenges, as well as WMS best practices to execute a WMS.read More.
by Mike McAllister LogiMed USA 2019 panel discussion focuses on meeting expectations in the age of The Amazon Effect. Recently we had the opportunity to attend the only event that brings together the entire end-to-end healthcare supply chain, LogiMed USA 2019, in San Diego, California. During the session entitled “Integrating better customer service strategies throughout the supply chain,” Kinaxis Vice President of Industry Strategy Raj Aiyar weighed in on the impact the right techno
Outsourcing non-core business processes has been a time-tested way to cut costs while improving performance. Initially companies focused on functions like Finance and HR. But now they have started outsourcing supply chain business processes like demand planning, allowing them to focus on other business processes while gaining access to world class capabilities.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
Supplier information is typically viewed by procurement organizations as one of two things. It is either a data input, such as what we gather and use in spend analysis, or it is a process by-product, such as the information we gather from prospective suppliers during strategic sourcing. Procurement knows supplier information is useful and important, and that it needs to be cleansed and standardized after we collect it.
Director of Technical Sales for DELMIA Quintiq in North America, Matt Barry was recently named a Provider Pro to Know by Supply & Demand Chain Executive, and a Rock Star of the Supply Chain by Food Logistics. With over 12 years of supply chain experience in leading successful customer projects, Matt is attuned to the needs of supply chain organizations across various industries.
“I’m worst at what I do best.”. Kurt Cobain, lead singer of Nirvana, killed himself 25 years ago today. I remember the first time I saw the video for “Smells Like Teen Spirit” on MTV, back in the days when MTV still played music videos. I was sitting on the couch with my dad, probably close to 11 at night, and we were both entranced by the sights and sounds of that video.
Trust is defined as firm belief in the reliability, truth, ability, or strength of someone or something. In talks with the Soviets about nuclear disarmament, Ronald Reagan famously stated, “Trust, but verify”; but, I’m not sure that’s real trust. Trust is an unwavering assurance that something is as it seems to be. Hope Liu ( @hopeEximchain ), CEO of Eximchain, observes, “As far as one can remember, commerce has been conducted based on trust.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
As of April 2, 2019, we are pleased to announce the availability of QAD Cloud ERP 2019, the latest version of QAD’s flagship ERP solution that includes the Channel Islands User Experience (UX) and the QAD Enterprise Platform. We are also excited to unveil major updates to several other solutions in the QAD solution portfolio. The goal of all of our innovations is to help provide our customers with the agility they need to effectively respond to the opportunities in their rapidly changing busines
by Mike McAllister LogiMed USA 2019 panel discussion focuses on meeting expectations in the age of The Amazon Effect. Recently we had the opportunity to attend the only event that brings together the entire end-to-end healthcare supply chain, LogiMed USA 2019, in San Diego, California. During the session entitled “Integrating better customer service strategies throughout the supply chain,” Kinaxis Vice President of Industry Strategy Raj Aiyar weighed in on the impact the right techno
According to the 2017 MHI Annual Industry Report , released in April 2017, 80 percent of executives surveyed believe that digital supply chain will be the predominant model within five years. Sixteen percent think the era of the digital supply chain is already here. In today’s global, fast-paced world it’s no longer a question of whether an organization should be using technology to manage its supply chain and transportation processes.
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
In my last two articles ( here and here ) I’ve been talking about the need for Procurement to think about how we can move beyond our historical transactional role and embrace approaches to help drive competitive advantage and real value for our organisations. With the start of the Formula 1 motor racing season recently, my thoughts turned to speed. I’m not a “petrolhead” (my wife has always been more interested in F1 than me), but the constant cycle of improvement and innovation in the sport is
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. New York, NY April 2, 2019 – Consus Global , a leading Procurement services provider and Ivalua, the leading global Spend Management Cloud provider, today announced that Pacific Drilling , a deep water drilling company based in Houston, has selected Consus’ services in conjunction with Ivalua’s Sourcing platform to achieve cost savings and drive transparency across their sourcing operations
High consumer expectations, a storage shortage and disruptions from trade tensions are increasingly revealing the shortcomings of traditional distribution models. But these challenges bring opportunity: companies that seek innovative solutions that deliver greater agility, automation and intelligence will not just thrive, they’ll also gain a significant competitive advantage.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
A lot of our clients reflect upon the relevance of their network design and wish to challenge their flow organization in order to address the stakes of reactivity and efficiency imposed by the market. This reflection is even more necessary that most retailers (more than 80% according to recent polls) and an increasing number of industrials tackle the omnichannel battle.
Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. In the digital transformation age, logistics is once again undergoing a major shift. Logistics technologies such as robotic warehouse systems make automation a reality, while drones improve last-mile delivery capabilities and better tracking with tools like RFID tags
Last week QAD DynaSys attended the Richmond Supply Chain Forum held at the Belfry Hotel & Resort in Sutton Coldfield, UK. We attend the event twice a year and it’s a good opportunity for us to talk to organisations who are interested in learning more about our Demand & Supply Chain Planning solution. The schedule for the day is certainly full on, with meetings from breakfast at 8am right through to the evening meal that finishes around 930pm.
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