TYA Suite

MAY 13, 2025

Production slows down, orders get delayed, and customer satisfaction dropsall because someone missed a routine purchase. Operational procurement refers to the process of purchasing the everyday goods and services a business needs to function. Imagine a company that suddenly runs out of packaging materials.

Procurement 40

Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

Strategic Sourceror

SEPTEMBER 23, 2022

Growth in consumer demand Depending on the season, certain items tend to be purchased at a higher rate, such as cabbage and corned beef in mid-March and Bell's seasoning and pumpkin filling in late November. That's up from 42% when a similar survey was conducted in 2021. Brought to you by the StrategicSourceror.

Supply 102

Supply Consumer demands Price Supply chain 102

Strategic Sourceror

JULY 28, 2022

Add supply chain delays and seasonal purchasing habits into the mix, and retailers have been left with a double hit of unwanted inventory and limited consumer demand. "In other words, the inventory in stock isn't what consumers are trying to buy." " Brought to you by the StrategicSourceror.

Inventory 100

Inventory Price Consumer demands Strategic sourcing 100

Supply Chain Game Changer

MAY 24, 2021

Major retailers often serve as merchandise distribution centers, picking, packing, and shipping online purchases to clients sometimes the very day. Some manufacturers had reduced production during the pandemic, while others continued to increase production using technology to meet surging consumer demands.

supply chain budgeting 98

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 98

Una

MARCH 23, 2023

From a stakeholder’s perspective, procurement can seem sloth-like in the time it takes to complete what appears to be a simple purchase request. Contact Una to learn more about improving time-to-source in procurement to increase cost savings, meet consumer demand, and streamline your procurement processes.

Sourcing 98

Sourcing Procurement Procurement team Contract 98

Procurement Tactics

JUNE 6, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Forecasting — Everything You Should Know Inventory forecasting allows you to predict when supply chains and consumer demand are going to change. However, what is it?

Inventory 170

Inventory Supply Chain Optimization supply chain software solutions Supply Chain Efficiency 170

Strategic Sourceror

AUGUST 5, 2022

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. They're also snatching up ingredients more quickly than they in the past to shore up their inventory and avoid delays.

Supply chain 104

Supply chain Supply Buyers Consumer demands 104

ivalua

DECEMBER 14, 2020

In this way, they can be ready to face a crisis like Covid-19 or various other potential challenges — extreme weather caused by climate change, consumer demand for sustainable and ethically produced goods, trade wars or political tensions, to name a few. .

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain software solutions supply chain budgeting Procurement 130

Strategic Sourceror

FEBRUARY 10, 2023

From drive shafts and semiconductors to a number of other essential parts, the component crunch that's played out over the past several years has exacerbated motor carriers' inability to keep up with the pace of consumer demand. Brought to you by the StrategicSourceror.

Supply Chain Efficiency 90

Supply Chain Efficiency Consumer demands Strategic sourcing Strategic sourcing 90

SCMDOJO

FEBRUARY 13, 2023

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.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Planergy

MARCH 12, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Not only did they create 80 to 100 new jobs in the area, but they also met consumer demand for Made in America products. What's PLANERGY? Modern Spend Management and Accounts Payable software.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 52

SCMDOJO

JANUARY 19, 2025

Loans can save you everything, from funding inventory purchases to pay for innovations in common functions. “They allow us to meet increasing consumer demand without sacrificing a lot of high quality or speed. Inventory Financing Inventory loans are created to help businesses purchase stock upfront.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 52

Supply Chain Game Changer

NOVEMBER 26, 2018

Consumer demands and expectations are rising, and up to 25 percent of consumers are willing to pay extra for same-day delivery. Shippers need to find ways to reach more shoppers and convert them into consumers. What happens if consumers wish to return merchandise purchased from drivers?

Logistics 88

Logistics Supply chain Consumer demands Purchasing 88

SupplyShift

DECEMBER 18, 2019

Accenture’s 13th Annual Holiday Shopping Survey found that the online retail trend has actually influenced shoppers to become more concerned about the social and environmental impacts of online purchases. Many companies think consumer demand for sustainability is about being less bad.

Sustainability 52

Sustainability Supply Chain Efficiency Consumer demands Supply chain 52

Skill Dynamics

JULY 17, 2024

Navigating the Impact of Accurate Forecasts The ability to accurately predict consumer demand puts companies at a significant advantage. Using demand forecasting, businesses can keep inventory levels consistent, minimizing excess stock and reducing their production and storage costs.

supply chain budgeting 96

supply chain budgeting Demand Supply Chain Efficiency Supply Chain Optimization 96

Strategic Sourceror

JANUARY 20, 2023

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.

supply chain budgeting 62

supply chain budgeting Raw materials Supply chain Supply 62

Strategic Sourceror

NOVEMBER 30, 2022

Walmart and Target, for example, are both awash in inventory, having overestimated the level of consumer demand they expected to persist throughout 2022. These include improving the shopper experience, the return process and online purchasing channels. Brought to you by the StrategicSourceror.

Retail Supply Chain 62

Retail Supply Chain Supply Chain Efficiency Supply chain Supply 62

Una

NOVEMBER 14, 2022

As many companies struggled over the past three years, the pandemic became an enormous opportunity for global giant Amazon and other companies to capture a much larger share of low-value repeatable purchasing. Do you have questions about group purchasing? What’s changed? Digital procurement platforms. Get in Touch.

Procurement 98

Procurement Agile and Lean Supply Chain Supply Chain Efficiency Procurement team 98

Supply Chain Game Changer

OCTOBER 25, 2021

The delivery of clothing purchased by clients is the result of apparel fulfillment. When a consumer placed an order and pays for it, the business is responsible for completing the order. Companies are now adapting to the ever-changing nature of consumer demand. This is where logistics play a role.

Supply chain 92

Supply chain Inventory Logistics Consumer demands 92

Supply Chain Game Changer

SEPTEMBER 13, 2022

Suddenly surging demand hit businesses that had scaled back production and lost workers because of COVID-19. To date, consumer demand remains strong. Join a group purchasing program like Raiven or Avendra. The electrical supplies markets, with their global dependencies, were hit hard.

Price 85

Price Supply chain Supply Raw materials 85

SCMDOJO

AUGUST 15, 2024

Email hosting enhances this responsiveness by providing real-time communication capabilities that allow stakeholders to align their efforts with shifting consumer demands. Retailers can segment their customer base and tailor messages based on purchasing behavior, preferences, and previous interactions.

Retail Supply Chain 98

Retail Supply Chain Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization 98

Strategic Sourceror

NOVEMBER 29, 2022

Hiroki Totoki, finance chief for Sony, noted in a recent earnings call that the pull back in consumer demand has clearly affected discretionary spending patterns. When it comes to gift wish lists — both for children as well as adults — video games are a perennial list topper. Brought to you by the StrategicSourceror.

Supply 57

Supply Consumer demands Price Strategic sourcing 57

Una

FEBRUARY 13, 2023

Logistics visibility: Gathering and analyzing data is the only way to mitigate supply chain disruptions like canal blockages, border closures, and delays or surges in consumer demand. Get in touch with Una to discuss how being part of a group purchasing organization can help minimize the risk of supply chain disruption.

Supply chain 98

Supply chain Supply Contract Suppliers 98

The Network Effect

DECEMBER 5, 2014

Is it producing and making goods available to forecasts of expected consumer demand, or by reacting to what consumers have already bought? How much should be purchased? Retailers, distributors and manufacturers are forced to choose the approach they hope will make them the most profit.

supply chain software solutions 70

supply chain software solutions Supply chain Inventory Supply 70

TYA Suite

DECEMBER 16, 2022

In this term, it can be explained that if unexpectedly demand increases, then the manufacturer may not be able to fulfill that properly due to limited inventory. Therefore, it will damage the reputation of that organization as it will be unable to meet consumer demand spikes. It is also known as buffer stock.

Inventory 64

Inventory Import Management Inventory planning 64

Supply Chain Game Changer

JULY 15, 2021

Lead time is the length of time it takes from when a purchase order is generated to when an item is delivered. A shorter customer order-to-delivery time gives you a competitive edge with online consumers and can increase your sales. If you are still manually entering data and purchase orders, consider shifting to an automated system.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain Raw materials Supply Chain Optimization Inventory 98

SupplyShift

DECEMBER 18, 2019

Accenture’s 13th Annual Holiday Shopping Survey found that the online retail trend has actually influenced shoppers to become more concerned about the social and environmental impacts of online purchases. Many companies think consumer demand for sustainability is about being less bad.

Sustainability 40

Sustainability Supply Chain Efficiency Consumer demands Supply chain 40

Una

FEBRUARY 10, 2025

This is where group purchasing organizations (GPOs) come into play, serving as a crucial ally in your profit protection strategies. Staying Agile Markets fluctuate, consumer demands evolve, and unexpected events can occur at any moment. Being able to pivot quickly can mean the difference between profit and loss.

Agile and Lean Supply Chain 45

Agile and Lean Supply Chain Supply Chain Efficiency Strategy Supply chain 45

SCMDOJO

APRIL 11, 2025

These disruptions can occur due to decreased consumer demand, supplier instability, or logistical challenges. Consider alternative financial arrangements, such as risk-sharing agreements or advance purchasing contracts. Supply chains are particularly vulnerable during recessions.

Agile and Lean Supply Chain 56

Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 56

Strategic Sourceror

JULY 24, 2022

In addition, the shortages experienced within the supply chain in the last two years are likely to be dealt with in the near future, albeit that consumer demand for certain goods and services has also slowed, the news source said. " Time will tell if the world is back on track but, for the moment, the signs are encouraging.

Supply chain resilience 57

Supply chain resilience Supply chain Supply Consumer demands 57

SupplyShift

NOVEMBER 12, 2021

Without successful procurement processes, there would not be on-demand access to the goods and services we have come to rely on at both a commercial and consumer level. In recent years, as consumer demand has increased, so have the consequences. Instead, it takes both internal collaboration and external support.

Sustainability 52

Sustainability Procurement Procurement team Consumer demands 52

Supply Chain Game Changer

JUNE 9, 2021

Simple Global helps direct-to-consumer firms succeed online by providing a leading eCommerce fulfillment approach to meeting today’s consumer demands. Many providers will provide you with tracking information once the purchase has shipped, which you may share with consumers to keep them informed about their delivery.

Order Fulfillment 67

Order Fulfillment Import Inventory Quality 67

Arkestro

JULY 30, 2024

Resources / Blog / Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain The automotive industry has always been at the forefront of implementing innovative production methods to meet consumer demands efficiently.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Demand 52

Strategic Sourceror

MAY 23, 2022

Jonathan Gold, vice president of supply chain and customs policy for the NRF, said consumer buying activity is the root cause of the growth in imports, but inflation seems to be having an influence as well. The ensuing months for imports are also likely to outpace their monthly counterparts from 2021, rising 5.3% in September.

Import 52

Import Consumer demands Strategic sourcing Strategic sourcing 52

Planergy

SEPTEMBER 5, 2023

Budget Forecasting Challenges Economic Uncertainty Unpredictable market conditions, such as consumer demand fluctuations, interest rate changes, or shifts in global economic trends, can impact your revenue projections and expense estimates. Download PDF What’s your goal today? download a free copy of our guide 3.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? Out of more than $100 million under spend, 3 people are supposed to manage this, including the Director of Purchasing. Landgraf, CEO at Above the Standard ( [link] ). Check out What is Virtual Procurement and Why Should You Care?

supply chain budgeting 63

supply chain budgeting Procurement Supply Chain Efficiency supply chain software solutions 63

Finale Inventory

SEPTEMBER 13, 2022

A small wrist motion can send the end of a whip flying in a wide arc — similarly, variations in demand can have progressively larger impacts on other areas of the supply chain. The bullwhip effect can cause extreme changes in supply and demand. It can also cause an oversupply of items with no demand to balance it.

supply chain software solutions 52

supply chain software solutions supply chain budgeting Supply Chain Optimization Inventory 52