Enterra Insights

APRIL 25, 2019

Today, in addition to those activities, new analytical tools are available to help business leaders predict what could happen in the future. ” Types of analytics. Predictive analytics — the type of analytics to which Petro refers — are one of four types of analytics now available to enterprises.

Predictive Analytics 124

Predictive Analytics Prescriptive Analytics Software Predictive Analytics Software Analytics Software 124

ToolsGroup

OCTOBER 25, 2022

Today the stakes are even higher , with the ever-present ghost of disruption rattling supply chains around the world. The better your understanding and management of seasonal stock, the less the specter of supply chain disruption will keep you up at night. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

The Logistics & Supply Chain Management Society

MAY 18, 2021

Supply chain execution is required to distinguish between the high runner purchases and the slower-moving products customers are willing to wait for. A new hyper-focus to meet customer expectations is creating pressures upstream in the supply chain. Going Digital to Interact with Your Ecosystem.

Supply Chain Network Software 243

Supply Chain Network Software Network Optimization Agile and Lean Supply Chain Modeling 243

Veridian Solutions

FEBRUARY 11, 2019

Understanding more about the needs and wants of customers can help supply chain leaders make informed decisions, improve inventory management, and increase profitability. In recent months, conversations about how to improve forecasting in the supply chain have focused on a subject: demand sensing.

Supply and Demand 74

Supply and Demand Modeling Supply Chain Execution Demand Planning Software 74

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. Today, inventory fire sales abound.

Supply Chain Planning Software 243

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Supply Chain Matters

AUGUST 8, 2022

Global Supply Chain Pressure Index. According to the July 2022 Global Supply Chain Pressure Index (GSPI) , compiled and published by the Federal Reserve Bank of New York , overall pressures reportedly declined once again in July. This index was reported as 1.84 reported for June, and 2.59 reported for May.

Procurement Analytics 52

Procurement Analytics Report Global Supply Chain Software 52

ThroughPut

APRIL 5, 2024

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

GlobalTranz

MARCH 7, 2016

Through the use of connected devices and greater abilities to capture data in real time, the concept of end-to-end visibility and improvement thru the use of supply chain analytics has changed. What Do Supply Chain Analytics Have to Do With This Ability?

Procurement Analytics 120

Procurement Analytics Analytics Software Analytics Supply Chain Planning Software 120

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.”

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Talking Logistics

OCTOBER 15, 2018

The Importance of Inventory Management. When it comes to inventory management, new trends are demonstrating that less is more. Having less inventory on-hand increases liquidation, allowing for a more agile response to shifting consumer trends. Getting the Right Tools for the Job.

Inventory Management Software 101

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 101

Logistics Viewpoints

JANUARY 26, 2021

This means supply chain and logistics professionals need to distinguish between more frequently purchased products and the slower-moving products customers are willing to wait for. To meet customers’ growing expectations for personalized offerings, the typical company’s product lines have grown exponentially. A Positive Example.

Agile and Lean Supply Chain 286

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Supply Chain Strategy 286

ToolsGroup

APRIL 1, 2022

Industry professionals have put in tireless hours and taken strategic measures to keep the supply chain moving and meet customer demand. Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Matters

AUGUST 27, 2024

JAGGAER provides configurable source-to-pay and supplier collaboration software for direct and indirect procurement processes through a single, unified platform. Assets purchased under this agreement include the FreeMove® 3D depth-sensing computer vision system for industrial workcells and all related intellectual property.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Optimization Software 52

Slimstock

MARCH 26, 2019

Andrew Thomas, founder of Skybell Video Doorbell, reports that it takes roughly 40 positive customer experiences to undo the damage of a single negative review. Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. 4 Ways to Improve Procurement.

Optimal Sourcing 66

Optimal Sourcing Manufacturing Procurement Procurement Solutions Procurement Analytics 66

SCMDOJO

MARCH 19, 2024

When customers have transparency into product availability, delivery timelines, and order status, they are more likely to complete purchases and continue shopping with a business. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

Supply Chain Visibility 98

Supply Chain Visibility Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 98

Supply Chain Matters

FEBRUARY 22, 2024

Supply Chain Matters provides highlights and added perspectives to retailer Walmart’s report of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their purchase decisions. Net income was reported as $30.4

Inventory Reduction 52

Inventory Reduction Procurement Analytics Negotiate Pricing Purchasing Skills 52

Supply Chain Matters

JUNE 21, 2022

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. For 2021, U.S. percent to $1.85

Logistics Network Optimization Software 52

Logistics Network Optimization Software Procurement Analytics Report Inventory Reduction 52

Logistics Viewpoints

JUNE 12, 2024

According to a survey by McKinsey, 93% of supply chain executives plan to increase their investments in resilience, and 47% of them consider automation and digitization as the top priority. Kongsberg purchased Rolls Royce’s autonomous marine division back in 2018 to help advance its position as a leader in this market.

Supply Chain Planning Software 266

Supply Chain Planning Software Supply Chain Software Shipping Supply Chain Optimization 266

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” A buyer now “purchases for one business.”

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

ToolsGroup

SEPTEMBER 13, 2016

Today’s blog analyzes how to compete in this multichannel environment that requires serving the customer in ways that remove the barriers that make consumers think twice about making the purchase. As a result, retail supply chains have to be extremely dynamic and flexible, operating at a high frequency.

Supply Chain Software 120

Supply Chain Software Optimal Sourcing Supply Chain Planning Software Modeling 120

NC State SCRC

AUGUST 31, 2024

Many executives today are overwhelmed by the “buzzwords” surrounding the emerging field of digital transformation. Executive decision-makers are often reluctant to admit they don’t fully understand what these technologies are all about – but know that the problems they are facing requires a different set of technological solutions.

Supply Chain Planning Software 52

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

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology.

Procurement Solutions 49

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 49

Logility

NOVEMBER 2, 2021

Technology Leader Gives Students Hands-On Experience With AI-based Supply Chain Execution Solutions. Logility recently added onto the experience, allowing students to dive further, learning how to source vendors, issue purchase orders and even track work-in-process and inbound shipments. ATLANTA – Nov. ATLANTA – Nov.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Logility Supply Chain Design 130

ShipBob

FEBRUARY 26, 2024

Collaborative planning, forecasting, and replenishment (CPFR) is the method of coordinating various supply chain tasks between multiple parties (i.e., to meet customer demand while minimizing costs. The four phases of the CPFR model The CPFR model consists of four main phases. manufactuerer, retailer, etc.)

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Eyvo

JANUARY 15, 2019

There is no shortage of predictions from procurement experts and companies. Anyone can purchase products and services so procurement, as a department, has the challenge of showing value in every aspect of their existence. The race for procuring, pun intended, the best talent has been challenging. Technology.

Procurement Solutions 40

Procurement Solutions Optimal Sourcing Procurement Analytics Supply Chain Planning Software 40

Enterra Insights

OCTOBER 1, 2021

As anchor-woman Ashley Thompson ( @AshleyCBS46 ) reports, “A supply chain crisis is forcing shoppers to buy their holiday gifts earlier than usual.”[1] Jon Gold, Vice President of Supply Chain and Customs, explained to Thompson that retailers are trying to get products earlier than usual. .”

Retail 130

Retail Procurement Analytics Agile and Lean Supply Chain Demand Planning Software 130

Taulia

JULY 11, 2023

But supply chain initiatives can help businesses mitigate these risks and improve their ESG performance in the meantime. A 2023 report by Glow and NIQ shows that half of surveyed consumers changed the food and grocery brands they purchase based on ESG considerations, for example.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Supply Chain Optimization Material Savings 40

Supply Chain Matters

MARCH 6, 2024

Supply Chain Matters provides highlights and added perspectives to U.S. retailer Target’s recent reporting of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their household budgeting and in their purchase decisions.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

Enterra Insights

JULY 14, 2020

Consumer behavior, even before the pandemic, was moving steadily towards the digital path to purchase. The pandemic forced many consumers to make purchases online that they normally would have completed in stores. ” That doesn’t mean they aren’t using the digital path to purchase — because they are. ”[7].

Omnichannel 100

Omnichannel Analytics Software Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Matters

DECEMBER 20, 2023

automatically combine and analyze data across multiple supply chain systems so businesses can observe their operations in real-time, find trends more quickly, and generate more accurate demand forecasts that ensure adequate inventory to meet customer expectations.” The application was described as providing the ability to: “.automatically

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Planning 59

Enterra Insights

JULY 31, 2019

The modern supply chain is mind-boggling. Multinational enterprises deal with a dizzying array of paperwork involving procurement deals, purchase orders, shipping data, etc. ”[4] Analysts from Shipchain add, “Understanding the future of the digital supply chain is essential to success.

Supply Chain Planning Software 100

Supply Chain Planning Software Analytics Software Supply Chain Software Predictive Analytics Software 100

Supply Chain Matters

MAY 28, 2024

Supply Chain Matters highlights a published report that further indicates that Amazon’s decentralized retail fulfillment realignment is ongoing and raising retail industry competitive stakes. Rather than a spoke and wheel fulfillment network that featured centralized inventory hubs across the U.S., warehouse space.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Vendor Strategies 52

Supply Chain Shaman

MAY 21, 2013

We finished our report on the maturation of hospital supply chains , and I have put the finishing touches on the Healthcare Supply Chain Index for this Thursday’s webinar. The average tenure of the supply chain professional in the hospital is six years. Generalize procurement of materials.

Modeling 240

Modeling Modeling Software Pharmaceutical Procurement Analytics 240

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. Blue Yonder commissioned a study to examine the real-world financial benefits of advanced supply chain solutions, and the benefits are clear. While driving a projected $14.1

Logistics Network Optimization Software 207

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 207

Supply Chain Matters

NOVEMBER 18, 2023

retailers, Walmart and Target , reported quarterly financial performance this week which provide a likely barometer to this current holiday sales and fulfillment period. based retailer Walmart’s report of financial performance for the quarter ending on October 27 was headlined with exceeding expectations on revenues and profitability.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Purchasing Skills 52

Supply Chain Matters

NOVEMBER 30, 2023

According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period. According to the NRF survey report , consumers spent $321.41 on average reported for the 2022 period. on gifts, reflecting 70 percent of purchases. million shoppers visiting physical stores.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Purchasing Skills Cost Reduction Strategies 52