The Logistics & Supply Chain Management Society

MAY 28, 2022

In these times of global turmoil, there are five (5) important megatrends shaping supply chain innovations in the coming years, namely in e-fulfillment, sourcing, food and agriculture, labour intensive operations, and halal supply chain management. From global to local and regional sourcing. Marco Tieman – CEO, LBB International.

Innovation 244

Innovation Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Software 244

IQMS

JANUARY 21, 2021

Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions. of all North American manufacturers have a sustainability policy in place, and 8.3%

Manufacturing Procurement 134

Manufacturing Procurement Expense Reduction Cost Reduction Strategies Sustainability 134

ShipBob

APRIL 22, 2020

When it comes to understanding how customers interact with ecommerce brands, packaging is by far one of the most ubiquitous elements. This is great for business, but with all of this spending online comes another cost: more packaging waste, and therefore a growing environmental impact. What is eco-friendly packaging?

Packaging 92

Packaging Purchasing Skills Waste Reduction Material Savings 92

RFgen

DECEMBER 19, 2024

Data-driven forecasting improves purchasing and cuts storage expenses. Install energy-efficient lighting, start recycling programs, and switch to eco-friendly packaging. Robotic packaging Inventory scanning drones for real-time inventory updates. Consider solar panels and other renewable energy sources.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

RFgen

DECEMBER 4, 2024

An efficient procurement process optimizes vendor selection and purchasing decisions to maintain cost-effective inventory levels. Core Drivers of Supply Chain Efficiency Supply chain efficiency is driven by three fundamental factors that shape operational excellence.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Kinaxis

OCTOBER 20, 2014

Reason #4 Making key decisions by modelling the supply chain in Excel. I lost track of how many carrots we had and ended up buying more when we really didn’t need any. In a make to stock environment, if I have a 6 month cumulative lead time, my forecast is being used to buy inventory today for something I’m going to sell in 6 months.

Supply Chain Planning Software 257

Supply Chain Planning Software Inventory Reduction Modeling Cost Reduction Strategies 257

Supply Chain Shaman

NOVEMBER 28, 2016

To drive global scale, companies need to design the supply chain to buy globally and execute locally. The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. Not many companies have cracked this code.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

This has implications for raw materials, ingredients, primary packaging, intermediate goods as well as end-product goods flows. In other words, halal requires an organisation of the supply chain instead of just the factory: from source all the way up to point of consumer purchase. distributor, retailer) and suppliers (e.g.:

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. In essence, a lot of logistics planning boils down to finding the quickest possible route between various points of delivery before returning back to the source. Sales in the e-commerce sector globally, grew to $4.9 trillion in 2021, up from $4.2

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Optimal Sourcing Optimization Software 130

Supply Chain Shaman

JANUARY 28, 2015

Many companies talk about Supply Chain Excellence, but most leaders struggle to define it. One supply chain leader, in a discussion last week, likened supply chain excellence to fitness. He felt that supply chain excellence was analogous. Our journey for supply chain excellence has changed and evolved over time.

Supply Chain Design Software 150

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 150

AIMMS

JUNE 23, 2016

Think for instance of a Source Optimization app for your retail company – a custom solution that helps you understand how and when to source your supplies, foresee possible supplier issues and adapt your plans accordingly. Pre-packaged vs custom built supply chain analytics apps. Build your own Apps appeared first on AIMMS.

Prescriptive Analytics Software 156

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 156

Silvon Software

NOVEMBER 14, 2024

For Greater Product Performance Visibility and Improved Sales & Demand Planning Consumer Packaged Goods (CPG) manufacturers operate in an increasingly competitive environment, where the ability to access and analyze timely, accurate data can make or break a company’s success.

Inventory Reduction 59

Inventory Reduction Price Reduction Resource Reduction Optimal Sourcing 59

AIMMS

JUNE 23, 2016

Think for instance of a Source Optimization app for your retail company – a custom solution that helps you understand how and when to source your supplies, foresee possible supplier issues and adapt your plans accordingly. Pre-packaged vs custom built. Another example, this time in the oil industry, would be an oil blending app.

Prescriptive Analytics Software 136

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 136

Supply Chain Opz

NOVEMBER 9, 2014

Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations.

Waste Reduction 274

Waste Reduction Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction 274

Supply Chain Game Changer

JANUARY 20, 2022

The platform has risen enormously in recent years, and so has people’s skepticism, questioning the possible risks of buying from AliExpress. It’s a big benefit when buying from AliExpress. It’s also worth noting that Chinese citizens can’t buy directly from AliExpress. Is AliExpress Safe?

Purchasing Skills 96

Purchasing Skills Negotiate Pricing Negotiating Skills Buyer Training 96

SCMDOJO

AUGUST 10, 2024

Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Strategies Resource Reduction Inventory Reduction 98

AIMMS

MARCH 8, 2016

Today’s shopper prefers to buy online and get products delivered at the best possible time and place, resulting in key shifts in the supply chain. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Source, make, and deliver reporting to a common leader.

Price Reduction 156

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 156

DELMIA Quintiq

SEPTEMBER 14, 2023

This includes managing Work in Process (WIP), raw materials, purchased parts from suppliers warehoused (whether on-site or off-site), and semi-finished inventory located at feeder production lines or work cells. This seamless workflow is known as material synchronization, a term trademarked by DELMIA.

Optimal Sourcing 156

Optimal Sourcing Manufacturing Procurement Material Savings Optimization Software 156

KEPLER Consulting

OCTOBER 18, 2017

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath.

Purchasing Skills 60

Purchasing Skills Negotiating Skills Optimal Sourcing Sourcing Strategies 60

QAD

JANUARY 23, 2025

Like any engine, it cant run without fuel, and not just any type of energy source is going to cut it. For industries serving consumer packaged goods (CPG) or food and beverage, these conversations are likely already happening. Think of AI as a high-performance engine. It needs premium-grade fuel to operate at its highest potential.

Manufacturing Procurement 52

Manufacturing Procurement Predictive Analytics Software Optimization Software Optimal Sourcing 52

QAD

NOVEMBER 10, 2022

It has most definitely impacted how people buy products of all types and in all industries. Consumers helped push the added sugar label creation several years ago as well as the push for the QR and barcodes that can instantly give a consumer information about the products they buy.

Sustainability 98

Sustainability Manufacturing Procurement Purchasing Skills Optimal Sourcing 98

Supply Chain Shaman

OCTOBER 8, 2019

The focus is on the role of supply chain finance in driving supply chain excellence. The design of the conference includes tours of several modern warehouses and centers of excellence. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service. The River of Demand. #3

Supply Chain Design Software 190

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

Unleashed

AUGUST 3, 2021

This increase in pet ownership—along with panic buying—has created a huge surge in demand for pet food. tended to buy their?pet purchase in bulk, hoarding quantities?of New Zealand industry sources report that pet food suppliers sold? certain packaging materials. that two out of five puppy purchases were directly?influenced

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Supply Chain Game Changer

APRIL 15, 2020

I don’t know about you, but I typically frequent the same store; the ICA in Täby, Sweden, and I’m there once every other week to buy groceries for the coming two weeks. They see problems, develop solutions to the problem, package that solution, refine that solution, and often repackage that solution. Source: Deloitte CPO Survey 2019.

Procurement Solutions 90

Procurement Solutions Procurement Analytics Procurement Eliminating Excel in Purchasing 90

Supply Chain Shaman

JANUARY 18, 2016

Customers are buying less. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. The days of going to a brick and mortar store to buy product is only one of the ways that people want to buy. Success of New Business Models. Disintermediation. The difference?

Supply Chain Planning Software 150

Supply Chain Planning Software Modeling Software Supply Chain Software Manufacturing Procurement 150

Enterra Insights

APRIL 13, 2022

Brand loyalty was tossed out the window as desperate consumers made product availability and price their motivating purchase factors. John Williamson, an Account Leader at ddm marketing + communications, suggests consumer packaged goods manufacturers should start this effort by looking at their brand strategy.[1] Readily available?

Price Reduction 130

Price Reduction Waste Reduction Cost Reduction Strategies Purchasing Skills 130

Stord

MAY 15, 2024

Customer satisfaction hinges on more than just the quality of the products purchased; it's also deeply influenced by the efficiency and reliability of the delivery process. When customers hit 'purchase,' they're not just buying a product; they're buying an experience — one that includes a swift and smooth delivery process.”

Logistics Network Optimization Software 78

Logistics Network Optimization Software Sourcing Strategies Logistics Supply Chain Design Software 78

Logility

AUGUST 24, 2023

You can then create a supply plan that stipulates which materials you should be purchasing and how you should be moving them between facilities to keep your supply chain balanced. This is where production planning software excels over enterprise resource planning (ERP) systems. Make sure your solution enables you to: Model constraints.

Supply Chain Planning Software 146

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Forecasting Software 146

Supply Chain Shaman

MARCH 15, 2016

Process industry leaders–chemical, consumer packaged goods, food/beverage–have greater issues using data, with software usability, and building effective connections to align and build effective relationships with trading partners. The processes are largely batch, using data with great latency (orders and purchase orders).

Supply Chain Software 150

Supply Chain Software Supply Chain Network Software Manufacturing Procurement Supply Chain Planning Software 150

Enchange Supply Chain Consultancy

SEPTEMBER 2, 2015

You source competitively and you have a robust Supplier Certification process in place. Raw and packaging materials arrive on time in full and the supplier relationships are good. Manufacturing operates like a Rolls Royce with the full raft of certification and manufacturing excellence credits.

Warehousing 100

Warehousing S&OP Manufacturing Procurement Supply Chain Planning Software 100

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. It helps manage purchasing, supplier relationships, and order processing while integrating procurement with finance, inventory, and other core business functions. This streamlines the whole procurement process and boosts accountability.

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

The Logistics & Supply Chain Management Society

MARCH 21, 2023

Parents got notifications that school was cancelled, employees got notice to stay home, the world started buying most of their goods online, and the global supply chain did a collective * gulp. We’ve had many ups and downs since March of 2020, but one up that has continued its upward trend, is e-commerce purchase volume.

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

Freightos

JULY 23, 2015

So I spoke to everyone I knew in the field and looked through some other sources (Crunchbase, Jonathan Wichmann’s great list of logistics startups site, CB Insights and more) to come up with the ULTIMATE LIST of disruptive logistics startups. Download an Excel version of the list here for free ! Package Delivery.

Logistics Network Optimization Software 120

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

Talking Logistics

JUNE 30, 2015

In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. Managing bid packages, for instance, can be time consuming and complex. Allow carriers some flexibility in bidding. It is still a people business.

Negotiating Skills 100

Negotiating Skills Manufacturing Procurement Procurement Material Savings 100

Silvon Software

SEPTEMBER 28, 2023

A modern data hub collects, integrates and manages data from multiple disparate systems and external data sources (like market research and point-of-sale systems), regardless of whether the data is on-premise or in the cloud. Once integrated, the data is made “analytics ready” and securely available to users.

Procurement Analytics 105

Procurement Analytics Report Data Optimal Sourcing 105

SCMDOJO

MAY 6, 2022

Many supply chain systems are closed-source, all-in-one, proprietary, expensive, and difficult to customize ( read Why ERP Sucks ). No-code platforms allow for the creation of excellent applications and services by simply dragging and dropping components. However, Finance is now Fintech and Marketing is now Digital Marketing.

Supply Chain Design Software 138

Supply Chain Design Software Demand Planning Software Supply Chain Network Software Inventory Management Software 138

AIMMS

MARCH 8, 2016

Today’s shopper prefers to buy online and get products delivered at the best possible time and place, resulting in key shifts in the supply chain. Retailers need to respond with innovative transportation strategies and packaging options, as well as training for employees. Source, make, and deliver reporting to a common leader.

Optimal Sourcing 120

Optimal Sourcing Sourcing Strategies Price Reduction Cost Reduction Strategies 120