Procurement Insights

MAY 26, 2024

Under Kenny, Red Lobster also cut two of its longtime shrimp suppliers— and competitors to Thai Union — to purchase more shrimp from Thai Union at higher costs, according to Red Lobster’s bankruptcy filing. Thai Union exercised an outsized influence on the Company’s shrimp purchasing,” Red Lobster alleged in its bankruptcy filing.

Supply Chain Efficiency 89

Supply Chain Efficiency Supply Chain Optimization Supply chain Networking 89

Supply Chain Trend

AUGUST 13, 2020

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Skill Dynamics

JULY 17, 2024

Already we’re seeing these effects, with many of the world’s largest retail companies already using AI to optimize their inventory levels and some huge global manufacturers using machine learning to accurately forecast raw material demand — letting them purchase in a much more cost-effective way.

supply chain budgeting 96

supply chain budgeting Demand Supply Chain Efficiency Supply Chain Optimization 96

Supply Chain Game Changer

FEBRUARY 19, 2019

Aside from the demand planning, customer order management, and supplier order management activities associated with Fulfillment most people traditionally think of Fulfillment in the context of the Warehouse or Distribution Centre. © Copyright Mortson Enterprises Inc, 2019. But what does that mean in terms of the Supply Chain?

Supply Chain Efficiency 59

Supply Chain Efficiency Quantity Demand Planning Supply chain 59

Supply Chain Trend

OCTOBER 29, 2021

TRADITIONAL IBP AND PLANNING TECHNOLOGY. If we look back over the history of supply-chain planning, we can properly say we are in the third wave of integrated supply-chain planning software (Van Hove, 2019). IBP Segmentation by Planning Horizon, Automation. at the SKU/location level).

Supply Chain Optimization 78

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain supply chain software solutions 78

Supply Chain Game Changer

APRIL 14, 2020

And when all of the masks for the stockpile were originally purchased no one thought to rotate that stock to ensure that it was always fresh. Rather there was a one time purchase made and everyone forgot about it. Demand planning improvements. But there was one problem: they had expired! Strategic sku reassessment.

Sourcing 105

Sourcing Raw materials Inventory Demand Planning 105