The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Manufacturers can gather valuable granular data such as the time an item spent in storage, at what temperature, how long it took to sell, the length of time between purchase and fulfillment and how long it spent in transport. Advanced and predictive analytics. Predictive analytics has many use cases in the supply chain.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

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. Wall Street Journal ). Wall Street Journal ). Wall Street Journal ). Prior to Covid-19, 45% of consumers never considered the supply chain when making purchases.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Supply Chain Opz

NOVEMBER 12, 2016

Therefore, the challenge to establish ranking method is to find more economical data source and unbiased metric. The content is good then people refer to it often (number of citations is also used to measure the importance of journal articles aka Impact Factor). How about its counterpart in Europe?

Supply Chain Planning Software 271

Supply Chain Planning Software Supply Chain Design Software Gartner Supply Chain Strategy 271

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. A 2016 Accenture survey, reports RF Gen , explained how more companies are taking advantage of AI benefits through linked supply chains. The State of Supply Chain 2016 Trends.

Agile and Lean Supply Chain 120

Agile and Lean Supply Chain Manufacturing Procurement Optimal Sourcing Procurement Analytics 120

Supply Chain Shaman

JANUARY 21, 2022

Our three member staff of peer reviewers for leading journals, senior science editors with 20 years’ experience, and running editors operate with you to assistance your publication goals. authors get posted in leading journals like Elsevier, Wiley and Character, in the past one 12 months. rn Editage aided 50.

Journal 195

Journal Pakistan Purchasing Skills Procurement Analytics 195

Enterra Insights

MARCH 13, 2018

Gary Cokins ( @GaryCokins ), founder of Analytics-Based Performance Management LLC, asserts, “Analytics is becoming a competitive edge for organizations. Once being a ‘nice-to-have,’ applying analytics is now becoming mission-critical.”[1] Organizations are drowning in data but starving for information.

Prescriptive Analytics Software 100

Prescriptive Analytics Software Analytics Software Predictive Analytics Procurement Analytics 100

Supply Chain Shaman

AUGUST 16, 2015

On August 13th, Infor announced the intent to purchase GT Nexus for 675M$. Based on reporting from the Wall Street Journal, the company hired Morgan Stanley to shop the company and package it for sale in 2014 with an expected evaluation of 800M$. The largest was the purchase of Lawson in 2011 for 2B$. I am not surprised.

Prescriptive Analytics Software 150

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GlobalTranz

SEPTEMBER 19, 2017

Penny Co, reports William B. Cassidy of the Journal of Commerce. . Amazon’s recent purchase of whole foods market alludes to a growing trend in last mile logistics; all industries and shippers must be where of the forthcoming Amazon-Effect, reports Daniel Gross of Slate.com.

Logistics Network Optimization Software 250

Logistics Network Optimization Software Cost Reduction Strategies Transportation Purchasing Skills 250

Enterra Insights

AUGUST 31, 2023

Fortunately, the deep recession that many economists predicted didn’t emerge. Economics reporter Ann Saphir explains, “Americans borrowed more than ever on their credit cards in the [second quarter of 2023], with balances surpassing $1 trillion for the first time even as overall household debt loads were largely unchanged.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

Logistics Viewpoints

AUGUST 9, 2021

The Amazon supply chain, the recent second quarter report shows, spent over $69 billion on fulfillment and shipping activities. It is claimed that Amazon has made a seller’s ability to generate sales on its site largely contingent on the sellers purchasing its warehousing and shipping services.

Logistics Network Optimization Software 254

Logistics Network Optimization Software Modeling Software Purchasing Skills Policies 254

Kinaxis

MARCH 21, 2017

The master production schedule suffers from very intense and short term production schedule variations and purchased materials unavailability. By implementing the above actions, supply chain managers can use the Tracking Ratio (TKR) metric during the introduction phase to measure the rate between the variety manufactured and customer orders.

Supply and Demand 169

Supply and Demand Demand Planning Software Optimal Sourcing Manufacturing Procurement 169

Enterra Insights

FEBRUARY 21, 2019

There’s no denying the digital path to purchase is becoming more of a consumer highway than a path. A Forrester report predicts, “Fifty-eight percent of U.S. ”[2] Staying informed and remaining proactive means more than reading daily newspapers or industry journals. Concluding thoughts.

Procurement Analytics 100

Procurement Analytics Procurement Solutions Supply Chain Planning Software Predictive Analytics Software 100

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. In contrast, finance flexes inventory up and down in less mature organizations to manipulate cash flow for either investor reporting or bonus incentives.

Supply Chain Planning Software 243

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

GlobalTranz

OCTOBER 16, 2018

E-commerce is growing faster than ever, and more consumers are leveraging online platforms in making purchasing decisions. In fact, two-thirds of consumer shopping journeys include internet research, reports McKinsey & Company , as well as word-of-mouth recommendations and past experiences.

Logistics Network Optimization Software 161

Logistics Network Optimization Software Inventory Management Software Analytics Software Supply Chain Software 161

The Logistics & Supply Chain Management Society

JULY 20, 2020

Innovation and supplier management calls for cloud-based integrated systems between partners and advanced predictive models. Predictive analytics will quicken demand response and involve product-use insights to improve accuracy against external factors affecting demand (e.g. Efficiency and cost management.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

GlobalTranz

JULY 19, 2016

percent annually, reports Jeffrey B. In fact, this details should be compiled and reported from within your warehouse management system (WMS), which reduces the amount of time required in processing thousands, if not tens of thousands, of orders. Use Metrics to Track Progress and Order Fulfillment Processes. Use Incentives.

Warehousing 120

Warehousing Procurement Analytics Cost Reduction Strategies Expense Reduction 120

Talking Logistics

MAY 13, 2015

That’s the question I always ask when I share these types of stories with audiences, and an article in the Wall Street Journal this week about Columbia Sportswear sheds some light on the answer. How did this vast improvement in a key supply chain metric translate into financial performance? billion in worldwide revenue.

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

Enterra Insights

JULY 9, 2021

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] notes, “It’s the most cost-effective to have the customer pick their own goods.”[7] percentage points).

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Enterra Insights

SEPTEMBER 14, 2023

”[1] Journalist Paul Berger reports that supply chain indicators confirm this holiday season’s sales could be mediocre. Journalist Nora Colomer reports, “Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent TransUnion survey. Gen Z’s balances increased 51.9%

Supply Chain Planning Software 130

Supply Chain Planning Software Procurement Analytics Predictive Analytics Software Purchasing Skills 130

Enterra Insights

DECEMBER 16, 2021

”[1] His prediction proved accurate. Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 ”[2] The USDA went on to predict, “In 2022, food-at-home prices are expected to increase between 1.5 In November, the U.S. ”[6].

Supply Chain Design Software 130

Supply Chain Design Software Pricing Training Predictive Analytics Software Purchasing Skills 130

Talking Logistics

OCTOBER 18, 2013

Therefore, I wasn’t surprised by an article in today’s Wall Street Journal about how faulty data is hindering the HealthCare.gov rollout. Decaying Bridges, Highways Raise Costs for Truckers, Manufacturers ( Wall Street Journal ). I’m sure if I conducted those interviews again today, the story would still be the same.

Logistics Network Optimization Software 139

Logistics Network Optimization Software Supply Chain Planning Software Logistics Procurement Solutions 139

Enterra Insights

MARCH 11, 2021

Long before the pandemic forced shoppers online, the trend was clear: Consumers were increasingly taking the digital path to purchase. Tech-celeration and the digital path to purchase. 4] Harriet Torry, “ Pandemic Speeds Americans’ Embrace of Digital Commerce ,” The Wall Street Journal, 15 November 2020. [5]

Procurement Solutions 130

Procurement Solutions Omnichannel Forecasting Software Predictive Analytics Software 130

Talking Logistics

APRIL 7, 2016

Meanwhile, earlier this week MercuryGate announced the availability of MercuryProcure , a freight sourcing and procurement solution that allows users to manage requests for proposals (RFP) for all transportation modes with a single system. What if you’re a TMS vendor somewhere in the middle? It’s not the ideal place to be today.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Optimization Software Transportation Management 100

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] Get Consumers to Keep What They Purchase.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

Supply Chain Shaman

OCTOBER 2, 2020

Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score. Historic processes are inside-out tightly integrated to orders and purchase orders. Yesterday, I published the Shaman’s Journal. Brine continued, “There is a role for ERP.

Customer Service 286

Customer Service Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 286

Talking Logistics

NOVEMBER 15, 2013

Amazon to Begin Sunday Deliveries, With Post Office’s Help ( Wall Street Journal ). Truckers Tire of Government Sleep Rules ( Wall Street Journal ). to Dallas,” the article reports, “[Mr. Pushes Omnichannel Focus ( Women’s Wear Daily ). Freight Shipments Rose 0.8% in September from August.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Risk Management Modeling 130

Enterra Insights

MAY 6, 2021

Hausman reports that many companies haven’t learned that lesson. George Karapalidis ( @gkarapalidis ), head of data science at Vertical Leap, explains the purpose of each type of analytics.[3] Descriptive analytics. Descriptive analytics can help discover what happened in the past. Diagnostic analytics.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Enterra Insights

OCTOBER 12, 2021

In a new paper submitted to the peer-reviewed Artificial Intelligence journal, scientists at U.K.-based It is worth noting that reinforcement learning does not work well with ambiguity but is superb at optimization tasks using established metrics in the form of inputs, actions, and rewards. ”[1]. ” Footnotes. [1]

Supply Chain Design Software 200

Supply Chain Design Software Optimization Software Forecasting Software Modeling Software 200

GlobalTranz

DECEMBER 19, 2017

Furthermore, more carrier options is essential to landing better contracts with existing carriers when it comes time to renew or renegotiate your contracts, reports Averitt Express. Pay a realistic wage, and stay in tune with national driver averages, reports Dustin Braden of the Journal of Commerce (JOC ).

Capacity 186

Capacity Optimization Software Logistics Network Optimization Software Supply Chain Network Software 186

BlueYonder

DECEMBER 9, 2021

If the start of global COVID-19 pandemic accelerated e-commerce growth with millions of consumers purchasing products online, pandemic fatigue is now driving many consumers, at least in the U.S., According to the Wall Street Journal , U.S. According to Adobe Analytics, digital sales from Nov. back to in-person shopping.

Retail 114

Retail Real-time Visibility Purchasing Skills Procurement Analytics 114

ToolsGroup

DECEMBER 20, 2021

Every major publication and news outlet is reporting on the supply chain crisis. Most of the reporting has been pretty shallow, leaving all to wonder how it can be solved. . Image source: American Journal of Transportation. Get the Report. How We Got Here: Understanding Today’s Global Supply Chain Disruption.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Enterra Insights

JANUARY 6, 2022

Journalist John McCormick ( @McCormickJohn ) reports a study by International Data Corporation (IDC) found, “Retail is poised to overtake banking as the top spender on artificial intelligence as companies including Home Depot Inc. Predictive Analytics. and Wayfair Inc. Footnotes. [1] ” ET Retail, 10 July 2017. [3]

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

Enterra Insights

FEBRUARY 8, 2022

Justin Swanson ( @ejsnyt ) reports, “Retail sales in the United States jumped nearly 11 percent this season compared with the holiday period in 2019, the year before the pandemic upended the global economy.”[1] Digital Path to Purchase taken more often. Swanson reports, “Online sales made up 20.9 Journalist E.

Trends 130

Trends Retail Procurement Analytics Procurement Solutions 130

Unleashed

SEPTEMBER 3, 2023

If you’re buying or selling goods, you need to know what a purchase order is and how it works. Purchase orders enable easy and safe trading between suppliers and their customers – and provide traceability as ordered items pass through the supply chain. In this purchase order guide: What is a purchase order?

Procurement Solutions 52

Procurement Solutions Purchasing Skills Manufacturing Procurement Procurement Analytics 52

Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

Talking Logistics

FEBRUARY 28, 2014

They want an online view of their fleets’ dashboards and reports. Last October I commented on a story that had appeared in the Wall Street Journal about an interesting partnership between Amazon and P&G (see Amazon Inside P&G Warehouses: A Case of “What’s In It for We” ).

Logistics Network Optimization Software 145

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Optimization Software 145

Enterra Insights

OCTOBER 26, 2021

In the age of e-commerce, the digital path to purchase has a side trail called “Returns.” ” Journalist Suzanne Kapner reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[1] ”[4]. to return fraud.

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130