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. Browse our catalog for more.

supply chain budgeting 96

supply chain budgeting Demand Supply Chain Efficiency Supply Chain Optimization 96

SCMDOJO

APRIL 24, 2024

In 2024, the logistics and supply chain industry will continue its transformative journey, driven by technological advancements and growing consumer expectations. Suppose you stay ahead of trends like AI optimization, blockchain transparency, and sustainable practices. And we know that numbers don’t lie.

Supply Chain Efficiency 85

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 85

NLPA (Next Level Purchasing Association)

SEPTEMBER 30, 2024

This change is particularly relevant for procurement and purchasing professionals. As businesses strive for greater efficiency and cost savings, automation reshapes how warehouses function and how goods move through the supply chain. Automation helps companies meet these demands by optimizing order processing times.

Purchasing 52

Purchasing Supply Chain Efficiency Supply Chain Optimization Procurement 52

The Thomas Blog

SEPTEMBER 6, 2022

But many major food and beverage (F&B) companies have shown that they are not as nimble as smaller companies when it comes to adapting to consumer preferences and there are still challenges the food and beverage industry faces. Consumer Demands of Millennials & Gen Z. Company Acquisitions To Supercharge The Industry.

Consumer demands 105

Consumer demands Supply Chain Efficiency Buyers Demand 105

Planergy

MARCH 12, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Nearshoring: How to Choose the Best Fit for Your Business Selecting the Optimal Approach for Your Supply Chain Todays businesses must remain flexible and adaptable if they wish to survive. What's PLANERGY?

Agile and Lean Supply Chain 52

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

Finale Inventory

SEPTEMBER 4, 2024

As ecommerce continues to expand, supply chain traceability has become a key factor for small businesses. This article examines why supply chain traceability matters and how Finale Inventory can assist small businesses in achieving it. Additionally, traceability can open up new market opportunities for small businesses.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Inventory 52

ivalua

DECEMBER 14, 2020

The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. Manual processes limit efficiency and scalability,” said Ivalua’s Senior Product Marketing Manager, Doug Keeley. Start by Putting the Right Technology in Place.

Agile and Lean Supply Chain 130

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

Strategic Sourceror

NOVEMBER 30, 2022

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. "From a supply-chain standpoint, it's the opposite of last year."

Retail Supply Chain 62

Retail Supply Chain Supply Chain Efficiency Supply chain Supply 62

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

FEBRUARY 10, 2023

Well before the supply chain disruptions fueled by the the pandemic, the trucking industry was in the throes of a severe driver shortfall that hasn't yet abated. "Max headwinds from supply chain risk were really over the course of [2022]," Revich explained. Jerry Revich, head of U.S.

Supply Chain Efficiency 90

Supply Chain Efficiency Consumer demands Strategic sourcing Strategic sourcing 90

Una

FEBRUARY 10, 2025

Dig a little deeper, however, and you will often find that the biggest threat to the bottom line lies with the supply chain. With supply chains being the backbone of operations, any hiccup can lead to significant profit losses. Employee retention is vital for maintaining continuity and efficiency in your operations.

Agile and Lean Supply Chain 45

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

Finale Inventory

JULY 1, 2024

Are you interested in learning about the world of the F&B supply chain? In this article, we will walk you through the basics, key components, role of inventory management, challenges, and technological innovations in the F&B supply chain. One important aspect of the F&B supply chain is inventory management.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply Chain Optimization Inventory supply chain software solutions 40

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. A consumer-centric procurement process. The resilience of global supply chains is under attack.

Procurement 98

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

SCMDOJO

FEBRUARY 13, 2023

The procurement department is an integral part of any organization, playing a crucial role in the purchasing process. To get the most out of any procurement team, all the associated key roles need to be filled with qualified individuals that understand both technology and the principles of supply chain management.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Supply Chain Game Changer

NOVEMBER 23, 2018

Argentus is a boutique recruitment firm focused on Supply Chain and Procurement. Lots of things are happening in Supply Chain Management! It’s becoming more strategic, as companies integrate their Supply Chains and use them as a source of competitive advantage – instead of just a back-office function.

Supply Chain Efficiency 49

Supply Chain Efficiency Supply chain Supply Logistics 49

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. Conscious consumers are expected to spend more this year with retailers that have responsibly sourced products.

Sustainability 52

Sustainability Supply Chain Efficiency Consumer demands Supply chain 52

Supply Chain Game Changer

JULY 15, 2021

Subscribe to Supply Chain Game Changer. Consumers’ willingness to wait to receive their orders has dwindled significantly in the past half-decade. Lead time is the length of time it takes from when a purchase order is generated to when an item is delivered. Each element of your supply chain has its own lead time.

Agile and Lean Supply Chain 98

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

IBM Supply Chain Blog

FEBRUARY 9, 2023

The COVID-19 pandemic and recent global disruptions have exposed the vulnerability of supply chains, and perhaps no industry felt the impact more than retail. A consensus emerged around the critical need to build more resilient, intelligent supply chains. Automation can liberate the workforce from repetitive tasks.

Supply Chain Efficiency 40

Supply Chain Efficiency Supply chain Supply Sustainability 40

SCMDOJO

AUGUST 4, 2023

More extensive inventories were thought to provide safety margins (or similar known philosophies held) such that they would meet any increase in consumer demands. Reduce inventory lets you measure production efficiency, utilize and standardize hours produced (mainly for overhead absorption).

Inventory 98

Inventory Supply Chain Efficiency Supply Chain Optimization Raw materials 98

The Good Spending

OCTOBER 11, 2021

Supply chains evolving into demand networks Supply chain management overlooks the end-to-end production flow of goods or services — from the raw materials to the final product delivery to the end consumer. With the rise of information technologies, the role of consumers has become dominant in supply chains.

Demand 52

Demand Supply Chain Efficiency Management Raw materials 52

Supply Chain Game Changer

NOVEMBER 22, 2018

Where is procurement, outsourcing, sourcing, supply chain, and purchasing going? He had been with this company for decades and built not only the sales network, production, but also worked in systemizing supply chain and sourcing (in the hundreds of millions of dollars). What is happening in the marketplace?

supply chain budgeting 63

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

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. Conscious consumers are expected to spend more this year with retailers that have responsibly sourced products.

Sustainability 40

Sustainability Supply Chain Efficiency Consumer demands Supply chain 40

Supply Chain Game Changer

NOVEMBER 11, 2018

At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action” Interview series at Supply Chain Game Changer. How has the Supply Chain changed over the course of your career?

Leadership 44

Leadership Supply Chain Efficiency Supply chain Consumer demands 44

TYA Suite

DECEMBER 16, 2022

Besides this, inventory management practices try to streamline inventories from raw components to finished products efficiently. JIT also helps in reducing insurance and storage costs along with liquidating costs or excess inventory discarding efficiently. On the other hand, to some extent, JIT is considered risky.

Inventory 64

Inventory Import Management Inventory planning 64

Finale Inventory

JULY 29, 2024

A dealer acts as an intermediary within the supply chain, connecting manufacturers or distributors with end customers. Operating across various industries such as automotive, electronics, or consumer goods, dealers are key in bringing products to the market. Defining the Terms: Dealer and Distributor What is a Dealer?

Inventory 52

Inventory Supply Chain Efficiency Vendor relationships Supply Chain Optimization 52

Positive Purchasing

DECEMBER 6, 2023

Written by Jonathan O’Brien, leading procurement expert and CEO of Positive Purchasing Ltd. Increasing consumer pressure is a huge part of what is driving organizations to develop their sustainability initiatives and support improved human rights. Inevitably, there are some supply chains that are riskier than others.

Sustainability 64

Sustainability Price Supply Chain Efficiency Agile and Lean Supply Chain 64

Finale Inventory

SEPTEMBER 13, 2022

Businesses use the supply chain to order and distribute goods to consumers. Supply chain layers work together to create and distribute products across the globe. However, disturbances in this chain can disrupt access to goods and other business functions. What Is the Bullwhip Effect?

supply chain software solutions 52

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

Positive Purchasing

DECEMBER 6, 2022

The motivation to become more sustainable goes beyond protecting the organization and is now a means to create competitive advantage, increase market share and build brand value, as today’s consumers demand more from the brands with which they engage. These lower tiers of the supply base often contain the biggest risk.

Sustainability 52

Sustainability Supply Chain Efficiency Supplier relationship management Innovation 52

Empowering CPO

MAY 11, 2023

It embodies a holistic approach that looks beyond the immediate needs of an organization to consider the broader impacts of its purchasing decisions on society, the environment, and the economy. Consumer Demand: More and more, consumers are choosing brands that align with their values.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

Una

OCTOBER 26, 2023

Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. By Hugo Britt | October 26, 2023 Search Search You don’t need a crystal ball to see that demand for ESG (Environmental, Social & Governance) Procurement Managers will continue to grow.

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

TYA Suite

DECEMBER 16, 2024

Sustainable sourcing is important because it helps reduce waste, conserve natural resources, and create ethical supply chains. It shows customers and stakeholders that a business values fairness and responsibility throughout its supply chain. Ethical sourcing often involves building transparent and reliable supply chains.

Ethics 40

Ethics Sustainability Sourcing Supply Chain Efficiency 40

Supply Chain Game Changer

NOVEMBER 29, 2022

Subscribe to Supply Chain Game Changer. A smart POS system performs more tasks than simply notifying the consumer. The emergence of new POS systems is necessary, given the diversity of payment options and consumer demand. Originally written for Supply Chain Game Changer and published on November 29, 2022.

supply chain software solutions 63

supply chain software solutions Supply Chain Optimization Supply Chain Efficiency Supplier relationship management 63

Planergy

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. What is Horizontal Integration?

Supply Chain Efficiency 52

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

TYA Suite

NOVEMBER 25, 2024

Sustainable procurement is a growing approach that focuses on purchasing goods and services with consideration for their environmental, social, and economic impacts. This concept goes beyond just the cost and quality of products; it involves analyzing the entire lifecycle of what is being purchased—from sourcing raw materials to disposal.

Sustainability 40

Sustainability Import Supply Chain Efficiency Procurement 40

IBM Supply Chain Blog

SEPTEMBER 28, 2021

This will vary depending on your overall average price points, but the goal is to increase sales and increase customer retention by gently marketing relevant products that customers either need ( such as batteries ), or want, ( such as an affordable holiday candle ), in addition to their main purchase.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Inventory supply chain budgeting Supply Chain Efficiency 52

Planergy

SEPTEMBER 5, 2023

Allocates Resources Efficiently Business budgeting lets you analyze your company’s financial needs and distribute resources accordingly. Efficient resource allocation also helps you avoid overspending and maintain a healthy cash flow. 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

Finale Inventory

AUGUST 20, 2024

These are typically retailers, resellers, or distributors who purchase products in large quantities at a discounted price and sell them to end consumers. Their role is a vital part of the supply chain. By purchasing products in bulk, they help increase your sales volume , leading to higher revenue.

Inventory 52

Inventory Order Fulfillment Supply Chain Optimization Strategy 52