SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

Purchasing Skills 68

Purchasing Skills Negotiating Skills Negotiate Pricing Procurement Analytics 68

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology. The use of predictive analytics is fairly common nowadays.

S&OP 278

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 278

RFgen

DECEMBER 4, 2024

Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. In the automotive sector, manufacturers are simultaneously reducing inventory costs and delivery times.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Enterra Insights

AUGUST 31, 2023

Nothing is more central to the consumer packaged goods (CPG) sector than supply and demand — and few things affect supply and demand like economic trends. Fortunately, the deep recession that many economists predicted didn’t emerge. ” It also means that many of their purchases will be made through social channels.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

Logistics Viewpoints

OCTOBER 12, 2023

Recently, I was at my local grocery store for my weekly shopping trip and found myself in the packaged salads section. While this is easy for packaged/processed items with Best by Dates, it is not as easy for bulk, loose, or field packaged products. Am I alone in this habit or thinking? or squeezing an Avocado.

Supply Chain Design Software 316

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 316

Silvon Software

APRIL 19, 2022

The past few years have created a lasting impact on the way business is conducted, driving many companies to analytics to gain the visibility they need to control and optimize key processes. The Basics of Procurement KPIs. To accomplish this, our clients rely on the built-in data hub of our Stratum reporting application.

Optimal Sourcing 124

Optimal Sourcing Procurement Analytics Manufacturing Procurement Negotiate Pricing 124

GlobalTranz

JUNE 19, 2018

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises. Download eBook.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

Logistics Viewpoints

SEPTEMBER 6, 2024

These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.” million tons of chemical waste, and 3 million tons of packaging materials. lithium refineries.

Supply Chain Planning Software 312

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software North Carolina 312

Supply Chain Shaman

JANUARY 21, 2014

In companies, there is no standard model for demand processes. New forms of analytics make new capabilities possible. Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. For the purchase of Tide at Walmart to translate to an order at P&G, the time is 5-7 days.

Supply and Demand 338

Supply and Demand Modeling Demand Planning Software Forecasting 338

Logistics Viewpoints

JUNE 1, 2023

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. Due to the workforce layoffs, consumers have less disposable income.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 277

Logistics Bureau

DECEMBER 28, 2024

This means developing supplier evaluation frameworks that include carbon metrics, working together on joint emission reduction projects, and incentivising suppliers to meet or beat carbon targets. Also consider on-site renewable energy generation through solar panels or purchasing renewable energy credits (RECs) to offset facility emissions.

Material Savings 75

Material Savings Resource Reduction Supply Chain Design Software Supply Chain Planning Software 75

Precoro

FEBRUARY 26, 2025

Within this setup, an ERP procurement module helps companies make purchases and manage suppliers. Numbers speak louder: According to Procurement Tactics’ top procurement trends in 2025 , 83% of CPOs prioritize digitization.   Keep reading to learn: What Is ERP in Procurement?

Procurement Solutions 45

Procurement Solutions Optimal Sourcing Procurement Analytics Manufacturing Procurement 45

BlueYonder

OCTOBER 14, 2024

The customer instead sent in used or different merchandise, empty shoeboxes, or even packages that never arrived at the warehouse to claim the returns – based on advice from organized groups on messaging apps. These apps are being used to guide users on how to navigate the returns process and trigger high-volume, high-cost fraud.

Retail 124

Retail Cost Reduction Strategies Expense Reduction Procurement Solutions 124

Supply Chain Shaman

JANUARY 9, 2024

Nvidia, Northrup Grumman, PACCAR Inc, PCA (Packaging Corporation of America), ResMed, Rockwell Automation, Ross Stores, Taiwan Semiconductor Manufacturing (TSMC) Company, Tempur-Pedic, TJX, Toro, Toyota, West Pharma, United Tractors, and Urban Outfitters. The group’s response is, “Are these supply chain metrics?”

Supply Chain Planning Software 310

Supply Chain Planning Software Pharmaceutical Supply Chain Planning Gartner 310

Logistics Viewpoints

JUNE 28, 2024

It is the company’s largest plastic packaging reduction effort in North America to date and will remove almost 15 billion plastic air pillows from use annually. The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 The company is selling Coyote for $775 million less than the purchase price.

Logistics Network Optimization Software 292

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 292

Enterra Insights

MARCH 4, 2022

The past couple of years have been — to say the least — interesting for the consumer packaged goods (CPG) sector. As Erik Larson ( @erikdlarson ), Founder and CEO of Cloverpop, observes, “The consumer packaged goods industry is experiencing unprecedented change. Joining the Data Revolution. ” Data and Decision-making.

Packaging 130

Packaging Prescriptive Analytics Software Analytics Software Supply Chain Planning Software 130

Enterra Insights

JULY 13, 2023

A strong consumer packaged goods (CPG) sector is essential for a healthy U.S. Brad Cook and Steve Hewitt , partners at Wipfli, report, “Consumer spending accounts for nearly 70 percent of U.S. ”[5] • Increase in private label purchasing. economic activity.”[1] ” • More inclusivity.

Packaging 130

Packaging Trends Modeling Supply Chain Planning Software 130

Logistics Viewpoints

DECEMBER 14, 2021

Integrated forecasting, store replenishment, warehouse procurement, purchase order creation, operational constraints such as storage space, unloading capacity, and commercial agreements such as vendor lead times, minimum order quantities, packaging configurations can hugely improve productivity and accuracy in the planning processes.

Supply Chain Planning Software 299

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 299

RFgen

DECEMBER 19, 2024

Data-Driven Decision Making : Using analytics to continuously refine operations. Key Benefits and Business Impact Warehouse optimization offers significant advantages across multiple areas: Cost Reduction: Expect a decrease in operational expenses, lower labor costs, and reduced energy consumption.

Optimal Sourcing 97

Optimal Sourcing Optimization Software Waste Reduction Inventory Reduction 97

Logistics Viewpoints

FEBRUARY 7, 2024

A few ways companies can begin to offset their carbon footprint is to take a deeper look at product packaging, energy efficiency, alternative fuels, route optimization, and returns and recycling programs. For example, most people expect free next-day delivery for online purchases as a result of Amazon Prime.

Waste Reduction 317

Waste Reduction Supply Chain Design Software Optimal Sourcing Supply Chain Optimization 317

Jaggaer

FEBRUARY 5, 2025

In the end-to-end source-to-pay (S2P) process , strategic sourcing is the link between spend analytics, category management and contracts management, and is supported by supplier intelligence. Spend Analytics – Strategic sourcing starts with an analysis of product categories and spending patterns within the company.

Negotiating Skills 52

Negotiating Skills Sourcing Strategies Purchasing Skills Optimal Sourcing 52

Logistics Viewpoints

SEPTEMBER 10, 2021

Costco has reintroduced purchase limits. Wegmans launches sustainable egg packaging chain-wide. The funding will focus on manufacturers of the inputs used in COVID-19 vaccine production as well as facilities that fill and package vaccine vials. US to invest $3 billion in Covid vaccine supply chain.

Logistics Network Optimization Software 51

Logistics Network Optimization Software Waste Reduction Logistics Price Reduction 51

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. In July of this year, Doering reported, “Private label demand is surging as inflation rages.” to $142 billion.”[3]

Packaging 130

Packaging Manufacturing Procurement Food Procurement Analytics 130

SYSPRO Smarter ERP

NOVEMBER 18, 2024

Automotive distributors play a vital role in the automotive supply chain by procuring parts, warehousing them, and then supplying them to OEMs (original equipment manufacturer), retailers or end consumers. It can also support various dispatching configurations from small packages to full truckload shipments. Why is an ERP important?

Automotive 98

Automotive Optimal Sourcing Purchasing Skills Manufacturing Procurement 98

Logility

MARCH 6, 2020

Machine Learning for demand forecasting has matured to a level of accuracy, transparency and replicability that translates into transformative results, including in these five areas: Accuracy, transparency, thoroughness of analytical options and results. Analytical processing speed and accelerated corporate learning.

Forecasting 260

Forecasting Supply and Demand Forecasting Software Modeling 260

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

Logistics Viewpoints

APRIL 7, 2023

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 Spending is growing across several categories, and the top Easter items consumers say they are planning to purchase include candy ($3.3

Logistics Network Optimization Software 276

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 276

Logistics Viewpoints

MAY 27, 2022

Dick’s Sporting Goods reported its Q1 financials this week, beating expectations but lower its outlook. The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Diving deeper into the factors behind cost increases, Dick’s management noted the high fuel prices that continue to increase.

Logistics Network Optimization Software 312

Logistics Network Optimization Software Supply Chain Network Software Real Estate Forecasting Software 312

Logistics Viewpoints

MAY 3, 2022

But it’s important to remember that while customers want their purchases fast, sometimes even the next day, many care about the environmental impact of that delivery as well. In response to these rising complexities, late last year, Körber commissioned its first ever Supply Chain Benchmarking report. Rethink Partnerships.

Waste Reduction 277

Waste Reduction Sustainability Vendor Strategies Supply Chain Design Software 277

AIMMS

JULY 23, 2019

But supporting the process with advanced analytics goes even further, contributing to higher levels of productivity and profitability. Like many organizations, Tereos recognizes the use of advanced analytics as an imperative. Advanced analytics as enabling technology. The use of predictive analytics is fairly common nowadays.

S&OP 156

S&OP Prescriptive Analytics Software Supply and Demand Predictive Analytics 156

Enterra Insights

JANUARY 14, 2022

Consumer packaged goods (CPG) manufacturers and their end-customers constantly engage in a complicated dance that has no choreographed steps. Nominal income gains were reported by survey participants, but half of all families anticipated reduced real incomes next year. Taking the Digital Path to Purchase. ”[3].

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Supply Chain Shaman

FEBRUARY 27, 2020

How do we harness the power of data with new forms of analytics? Today, technology providers are selling analytics. This week, I received this email from a financial institution questioning why business leaders are not harnessing more insights and redesigning processes based on analytics. S&OP Challenges. Reflection.

Analytics Software 247

Analytics Software Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing 247

Enterra Insights

JANUARY 30, 2023

Both consumers and enterprises in the consumer packaged goods (CPG) sector are taking notice. Analysts at NielsenIQ observe, “Positive consumer sentiment toward sustainability has been growing for more than a decade, but the impact of purchasing preferences has yet to inspire a green revolution within the retail industry.

Packaging 130

Packaging Manufacturing Procurement Purchasing Skills Procurement Analytics 130

Logistics Viewpoints

JULY 29, 2022

P&G uses life cycle assessment for sustainable packaging design. With its commitment to have all 100,000 electric delivery vehicles on the road by 2030, Amazon will save millions of metric tons of carbon per year. to get online orders to doors quicker and at a lower cost. Uber Eats ups the ante in online grocery.

Logistics Network Optimization Software 279

Logistics Network Optimization Software Los Angeles Price Reduction Logistics 279

GlobalTranz

SEPTEMBER 12, 2016

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

Manufacturing Procurement 120

Manufacturing Procurement Procurement Solutions Optimal Sourcing Procurement Analytics 120

Precoro

MAY 19, 2023

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

Procurement Analytics 98

Procurement Analytics Metrics Supply Chain Planning Software Supply Chain Software 98

Logistics Viewpoints

OCTOBER 19, 2023

Even if this retailer had used AI to forecast my purchase, AI that creates a perfect plan but fails to execute it only results in a highly-efficient silo, as Northeastern University professor Nada Sanders says. Supply chains can make or break a customer experience and should be seen as an asset, not merely a cost center.

Supply Chain Planning Software 311

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 311