Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost. His response?

Procurement Analytics 221

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 221

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). Focus on Cost. His response?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

Supply Chain Shaman

NOVEMBER 29, 2021

Government policies are rational. The increasing issues with tax and tariff shifts and the policies of China make the response more complicated. The news reports symptoms, not root causes. Changing Analytic Capabilities. Dramatic improvement in capabilities to drive insights through the use of analytics.

Supply Chain Planning Software 195

Supply Chain Planning Software Modeling Supply Chain Optimization Supply Chain Software 195

SCMDOJO

DECEMBER 11, 2023

In the realm of efficient procurement management, understanding the various types of procurement reports becomes paramount. These reports serve as navigational tools, offering insights into different facets of the procurement process.

Procurement Analytics 21

Procurement Analytics Optimal Sourcing Procurement Solutions Material Savings 21

Veridian Solutions

MARCH 25, 2019

Retailers around the globe are working to create successful returns management practices to meet the demands of consumers, and today’s supply chain leaders need to understand how to create successful returns strategies, including policies that align with e-commerce. Characteristics of a Successful Returns Management Policy and Strategy.

Policies 61

Policies Resource Reduction Inventory Reduction Cost Reduction Strategies 61

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

Logistics Viewpoints

AUGUST 5, 2021

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. It was a rude surprise when I learned it would cost $100 to fill the tank. On our budget then, this felt like a fortune and fueled my interest in energy policy.

Supply Chain Planning Software 317

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 317

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

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

ModusLink Corporation

NOVEMBER 23, 2022

Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. Managing cloud-based e-commerce platforms and global shipping logistics is a vital part of the process of overcoming cross-border challenges for online retailers. The Importance of E-Commerce Shipping and Logistics in EU Transportation.

Purchasing Skills 78

Purchasing Skills Shipping Logistics Network Optimization Software Supply Chain Planning Software 78

Logistics Viewpoints

JULY 12, 2024

Ongoing attacks on vessels in the Red Sea by Yemen’s Houthis continue to disrupt shipping lanes in the chemical industry’s supply chain, according to Al Greenwood, chemicals expert and deputy editor at ICIS. For example, the grocer released its first report on corporate social responsibility efforts last year.

Material Savings 241

Material Savings Los Angeles Waste Reduction Logistics Network Optimization Software 241

Precoro

MARCH 30, 2022

Strategic Procurement Helps a Business Unleash its Potential. As The Hackett Group discovered, approaching procurement strategically with specific business goals in mind helps achieve a significantly higher ROI. Operational efficiency and cost reduction are among the top procurement priorities for CPOs, according to Deloitte.

Vendor Strategies 52

Vendor Strategies Sourcing Strategies Cost Reduction Strategies Price Reduction 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The Group’s sustainability policy is based on three pillars: Acting for People, Acting for Planet and Acting for Responsible Trade. In order to achieve this target, CEVA Logistics is incorporating environmental considerations in a variety of areas of operations, from warehousing to transportation and procurement. Acting for People.

Supply Chain Planning Software 242

Supply Chain Planning Software Resource Reduction Global Supply Chain Software 242

Enterra Insights

APRIL 4, 2024

Supply chain journalist Helen Atkinson suggests that savvy retailers accept the inevitable and use their returns policy to differentiate themselves from their competitors. She explains, “Depending on which statistics you follow, consumers return something like a fifth of all purchases these days. That amounted to about 13.7%

Price Reduction 100

Price Reduction Supply Chain Strategy Cost Reduction Strategies Inventory Reduction 100

Enterra Insights

OCTOBER 21, 2021

Often, retailers consider a product’s supply chain to be complete the moment that it is purchased or received by a consumer. Because the digital path to purchase can easily be abandoned, retailers understand that a good returns policy can be a competitive differentiator. Returns Policy. But this isn’t always the case.

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Supply Chain Shaman

DECEMBER 30, 2021

Global shipping is national news with most stories covering the symptoms. Since 1990, the size of ships increased 3X, but the design of the west coast ports remained largely unchanged. meters, to accommodate ships with 20 rows of containers) and 15.2 meters, to accommodate ships with 20 rows of containers) and 15.2

Supply Chain Design Software 440

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 440

Supply Chain Shaman

DECEMBER 7, 2023

For example, change the business models so that Ariba must interoperate with GT Nexus, E2Open with Elemica, MPO (Kinaxis) with Nulogy, etc. Maximize the value of the purchase order flow data already in the existing networks. (A A purchase order changes many times and needs synchronization.

Supply Chain Design Software 319

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 319

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 Optimal Sourcing Procurement Solutions Procurement Analytics 120

GlobalTranz

JANUARY 21, 2019

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Actual costs could quickly rise above 33 percent.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

BlueYonder

AUGUST 20, 2024

Forbes data shows that 73% of consumers want seamless shopping between channels – which includes the freedom to research products online, compare prices, and even make purchases before heading to a physical store to try on or pick up their items. Delivering an omni-channel experience requires a high degree of integration between each channel.

Sourcing Strategies 97

Sourcing Strategies Inventory Reduction Price Reduction Cost Reduction Strategies 97

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. A good returns policy is crucial for ensuring a smooth customer experience. Should a returns policy be tight or lenient?

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

Precoro

JANUARY 16, 2023

Spend management allows for efficient sourcing and procurement, regulated expenses, timely registration of spontaneous purchases, and a reduction of fraud and errors. These purchases might be recurring or occasional, some might be planned, and others pop up in response to sudden changes. Operating vs. Non-operating.

Procurement Solutions 76

Procurement Solutions Negotiating Skills Purchasing Skills Expense Reduction 76

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. To put this in perspective, if they had no planning system and no planners and just assumed that they would ship based on prior shipments, the forecast would be better, and the inventory levels more accurate. Private Equity M&A.

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. Establishing policies within the system ensures efficient inventory management.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

Intelligent Audit

MAY 20, 2021

Shipping may be the final part of the retail experience, but it is often the one that consumers base their overall experience upon. A bad experience with retail shipping can overshadow great products and reasonable pricing. The modern-day supply chain network relies on fast and affordable shipping solutions for retail customers.

Meeting 52

Meeting Analytics Software Purchasing Skills Shipping 52

Intelligent Audit

MARCH 18, 2020

The question now is what will the impact of such a recession be, particularly on shipping. In a fairly ominous report sent out this week, Morgan Stanely stated that “Global recession in 2020 is now our base case.”. What Happens to Shipping. Projections of Economic Impact of CoronaVirus.

Shipping 95

Shipping Global Purchasing Skills Procurement Analytics 95

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

Logistics Viewpoints

AUGUST 9, 2021

The Amazon supply chain, the recent second quarter report shows, spent over $69 billion on fulfillment and shipping activities. Mr. Wu is the special assistant to the president for technology and competition policy. Amazon then used that data to develop the company’s own products, despite it being in violation of company policy.

Logistics Network Optimization Software 258

Logistics Network Optimization Software Modeling Software Purchasing Skills Policies 258

ToolsGroup

FEBRUARY 9, 2022

While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. Shipping and Transportation Costs.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

Unleashed

JANUARY 31, 2023

In-transit inventory is products that have been shipped by the seller but have yet to reach the customer. Ownership of in-transit inventory would be rather ambiguous without pre-determined shipping policies. Some eCommerce retailers may opt for different terms which ought to be included in their shipping policy.

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

SCMDOJO

JANUARY 17, 2024

They are in charge of purchasing, procurement, and sourcing. They supervise the whole operation, from forecasting demand and planning production to procurement and logistics. Their role involves sourcing and purchasing high-quality products at competitive prices.

Purchasing Skills 98

Purchasing Skills Negotiating Skills Optimal Sourcing Manufacturing Procurement 98

GlobalTranz

NOVEMBER 29, 2016

Editor's Note: Today's blog is the second part of Chuck Intrieri's series on how procurement and suppliers can avoid issues with their contracts. Procurement and suppliers often assume that small print is highly complicated legal jargon that is both boring and largely irrelevant. Another important issue is the company’s privacy policy.

Procurement Analytics 120

Procurement Analytics Manufacturing Procurement Procurement How To 120

BlueYonder

JULY 22, 2024

Charging for returns doesn’t address the root causes of returns headaches: slow processing, high restocking costs, and frustrated customers. On its own, introducing returns charges (or otherwise tightening returns policies) is a temporary solution that addresses the symptoms of high returns costs without fixing the root cause.

Purchasing Skills 102

Purchasing Skills Policies Retail Cost Reduction Strategies 102

Logistics Viewpoints

OCTOBER 31, 2022

ZF transforms those purchased products into over 2,000 products. MSCN solutions provide supply chain visibility, network-based applications, and network analytics. When the supplier has produced the goods, they send an advanced ship notice (ASN) to ZF via SupplyOn. Which ship are the components being shipped on.

Agile and Lean Supply Chain 219

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Lean 219

Precoro

MAY 27, 2021

For anyone responsible for procurement in an organisation, supplier management is an inevitable area of responsibility. Poor supplier performance due to the lack of oversight, analytics and clearly defined requirements. Formulate business requirements Procurement is not just about cutting costs and looking for the cheapest deal.

Negotiate Pricing 52

Negotiate Pricing Supplier Management Procurement Analytics Negotiating Skills 52

My Office Apps

JUNE 12, 2023

Streamlining Purchasing Processes: The Power of Purchase Requisition Automation In the world of business, efficiency and accuracy are paramount, particularly when it comes to procurement processes. However, with the advent of purchase requisition automation, these challenges have been significantly mitigated.

Procurement Analytics 74

Procurement Analytics Procurement Solutions Purchasing Skills Optimal Sourcing 74

Ware2Go

MARCH 30, 2022

It is the process of storing products in an ecommerce fulfillment center, picking and packing orders, and shipping orders to your end customer. The more friction points there are between discovery and purchase, the more likely a potential customer is to abandon a purchase. How eCommerce Fulfillment Affects Front-End Strategy.

Price Reduction 98

Price Reduction Cost Reduction Strategies Purchasing Skills Inventory Reduction 98

Unleashed

AUGUST 30, 2024

It helps you reduce inventory carrying costs and customer delivery times while maintaining an accessible flow of sales, purchasing, and inventory data between each location. But if a strong line of communication exists, the item could be shipped sooner from the warehouse that still has availability.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Warehousing 52