Remove Buyers Remove Consumer demands Remove Purchasing Remove Strategic sourcing
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Inventories pile up as customers buy less

Strategic Sourceror

During the pandemic, when buying activity was frenzied and personal savings were substantial, the modus operandi for retailers was pretty straightforward: If you have it in stock, customers will purchase it — whether in store or online. It's just painful on the path from here to there." Brought to you by the StrategicSourceror.

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Supply chain, labor issues forcing candy makers to problem solve

Strategic Sourceror

But as with a number of other industries, the candy sector is in the midst of labor shortage, unable to produce as much product as they have in the past and at the pace of consumer demand. Ever since, they're lucky to have the orders in buyers' hands within three months. Brought to you by the StrategicSourceror.

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3 ways inflation is impacting global supply chains

Strategic Sourceror

Department of Labor, the Consumer Price Index in November 2022 had increased 7.1% Resurgent consumer demand, business closures, transportation disruptions and port congestion have all conspired to put pressure on suppliers and raise the cost of doing business. According to the U.S. over the previous 12 months.

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Retailers' supply chains are in better shape for the holidays

Strategic Sourceror

While supply chain disruptions have frustrated both buyers and sellers since 2020, many of the previous bottlenecks have since been dislodged, setting the industry up for what could be a banner year from a sales perspective, despite high inflation. Brought to you by the StrategicSourceror.

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Decoding the Procurement Department: A Comprehensive Guide to Roles and Responsibilities

SCMDOJO

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. Purchasing vs Procurement When it comes to the procurement department, it’s essential to understand the difference between purchasing and procurement.