Procurement Leaders

DECEMBER 9, 2022

We are working cross-functionally, in terms of productivity and cost-optimisation opportunities – this can include substituting materials, alternative formulations, lowering dosages, regional arbitrage, reducing inventories and shifting production to less affected regions, where applicable and possible.

Collaboration 162

Collaboration Supply Chain Efficiency Raw materials Supplier relationship management 162

EazyStock

JUNE 21, 2019

We have gone from manual to automated purchasing of our inventory, which consists of more than 2000 SKUs. Now we have it all automated with EazyStock which has allowed us to get better control of our inventory, particularly seasonal items. The post June 2019 Automation Hero: Erwin van der Wouden of Araco appeared first on EazyStock.

supply chain software solutions 49

supply chain software solutions Supply Chain Optimization Supply chain management Supply chain management 49

Supply Chain Game Changer

NOVEMBER 29, 2018

With the response time requirements of clients in various industries getting shorter and shorter, having a reactive approach to inventory – that is, moving inventory around when orders come in – is no longer fast enough. The post Examining Industry Innovations for 2019 and Beyond! Predictive Analytics. Artificial Intelligence.

Innovation 54

Innovation supply chain software solutions Demand Supply chain 54

EazyStock

APRIL 23, 2019

EazyStock’s Iron Woman Julia helps small- and mid-sized businesses automate inventory processes . That means I make sure our customers reach their goals and get the best value out of our product in combination with their other systems and their own inventory processes. I work as both Customer and Partner Success Manager.

Inventory 49

Inventory Quantity Warehouse optimization Purchasing 49

SCMDOJO

MARCH 12, 2025

Example: India’s GST Reform for Logistics Ojha & Vrat, (2019), highlight how before the introduction of Goods and Services Tax (GST) in India, interstate logistics was highly fragmented due to varying state taxes. GST unified tax regulations, significantly reducing transportation delays and making supply chains more efficient.

Networking 52

Networking Logistics Supply Chain Efficiency Real-time Visibility 52

Jaggaer

JANUARY 28, 2019

This increased risk requires organizations to be proactive and innovative if they are to successfully navigate 2019. Research on supply chain following the 2008 economic recession found that supply chain executives took several major steps to deal with the decline, each of which is particularly relevant as we enter 2019.

Supply Chain Efficiency 40

Supply Chain Efficiency Agile and Lean Supply Chain Procurement Procurement team 40

EazyStock

JULY 24, 2019

Our stock value was far too high and 30% of our inventory was obsolete products. I started asking around my network about how others are handling this kind of inventory struggle and one of my contacts recommended EazyStock. We started ‘soft-testing’ EazyStock in late 2018 and went fully live in January of 2019.

Supply Chain Efficiency 8

Supply Chain Efficiency Inventory Purchase orders Purchasing 8

EazyStock

MAY 28, 2019

All with the goal of maximizing the company’s bottom line by minimizing the incidence of stock outs and materially reducing or eliminating excess inventory. The post May 2019 Automation Hero: Elsante Mnzava of Mkenga Group appeared first on EazyStock. In what quantities to buy. There are many benefits which accrue to our clients.

Quantity 49

Quantity Negotiation Inventory Suppliers 49

EazyStock

SEPTEMBER 30, 2019

Peer Dahlgren, Purchasing Manager at Proffsmagasinet, has improved both service levels and inventory turnover thanks to automation, despite more than doubling the products in stock. Red flags are usually KPIs such as poor service level or low inventory turnover, but I also wanted to fix our “soft” red flags.

Inventory 40

Inventory Purchasing Supply Chain Efficiency Price 40

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory 51

Inventory Management Demand Purchasing 51

SCMDOJO

SEPTEMBER 4, 2023

LSPs generally endow tremendous inventory management and warehousing solutions, conveyance of orders and international logistics. While the notion is still largely theoretical, implementing AI throughout the supply chain would result in significant technological improvements (Logistics, iThink, 2019); (Callarman, 2020).

Logistics 98

Logistics Supply Chain Efficiency Supply Chain Optimization Negotiation 98

Procurement Insights

AUGUST 16, 2022

I recently read an article by Sourcing Industry Group’s (SIG) Dawn Tiura regarding the “challenges big box retailers such as Target, Walmart, and many others have been experiencing due to excess inventory.” ” In “Feast or Famine: Is It Time For Big Box Retailers To Rethink And Reengineer Their Sourcing Practices?”

Inventory 45

Inventory Sourcing Management 45

EazyStock

OCTOBER 23, 2019

In addition, the inventory management system we had failed and there was no longer any support available. EazyStock has helped us to reduce our overall inventory value, and to ensure that we have the items with the highest turnover in stock, which has resulted in a significant increase in our service levels. Simply contact us here !

Inventory 40

Inventory Purchasing Demand Management 40

EazyStock

APRIL 23, 2019

EazyStock’s Iron Woman Julia helps small- and mid-sized businesses automate inventory processes . That means I make sure our customers reach their goals and get the best value out of our product in combination with their other systems and their own inventory processes. I work as both Customer and Partner Success Manager.

Inventory 40

Inventory Quantity Warehouse optimization Purchasing 40

Supply Chain Game Changer

AUGUST 10, 2021

million in 2019, growing at a CAGR of 5.1% As everyone is emerging from the pandemic this is also driving increasing demand for goods, given that lockdowns and closures depleted inventories. Reestablishing inventory levels means that more and more pallet will be required to hold these goods. The Pallet Market Size.

Price 98

Price Supply Chain Efficiency Supply chain Supply 98

Skill Dynamics

JULY 17, 2024

Used together, these combined insights can provide extremely accurate market predictions, allowing companies to make more informed decisions around their inventory management and resource allocation. The company has already seen a shift in its consumer habits in 2019, but COVID saw a huge surge in demand.

supply chain budgeting 96

supply chain budgeting Demand Supply Chain Efficiency Supply Chain Optimization 96

IBM Supply Chain Blog

JANUARY 25, 2024

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. trillion, up from USD 864 billion in 2019 to 2020. Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0

Supply Chain Optimization 73

Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain Inventory 73

Sourcing and Supply Chain

NOVEMBER 19, 2022

The situation will now further affect inventories too. The Logistics Manager Index (LMI) quote for October 2022 for the USA reports Inventory costs at 81 and Inventory levels at 65.6 The Logistics Manager Index (LMI) quote for October 2022 for the USA reports Inventory costs at 81 and Inventory levels at 65.6

supply chain budgeting 98

supply chain budgeting Supply chain Logistics Supply 98

Supply Chain Game Changer

MARCH 3, 2020

At the end of 2019 China notified the World Health Organization of a new virus, later called the Coronavirus, or COVID-19. By extension with fewer goods coming in from suppliers inventory levels will be drying up. The exposure to inventory disruption is certainly a function of the length of the inventory pipeline for any company.

Supply chain 96

Supply chain Supply Inventory e2e 96

Una

SEPTEMBER 27, 2022

For example, the corporate strategy made in the Fall of 2019 went out the window by the following March as the world shut down due to COVID. Raise your hand if you had stock in Zoom before 2019. Take inventory of your IT. Unfortunately, IT inventory management gets more complex each passing year. Come on, be honest.

Budget 97

Budget Inventory Contract Purchasing 97

Procurement Insights

NOVEMBER 21, 2023

In my December 2019 post , Sorry, Charlie, there is something wrong with the world’s seafood supply chain I talked about consumer demand for tracking the seafood industry from source to plate. As a manufacturer, are you tracking from a pre-built inventory standpoint where it is picking, packing, loading, and on route?

e2e 86

e2e Real-time Visibility Sourcing Consumer demands 86

Procurement Tactics

SEPTEMBER 13, 2022

Electronic drones and inventory management robots can be optimized to help improve workflow efficiency, optimize energy, and save on fossil fuel usage in logistics. A survey by PWC between 2019 and 2020 revealed that there is almost a 7% drop in supply chain operations costs as a direct result of digital transformation. . Blockchain.

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

EazyStock

MAY 28, 2019

The ultimate goal is to maximise a company’s bottom line by minimising the incidence of stock outs and reducing or eliminating excess inventory. The post May 2019 Automation Hero: Elsante Mnzava of Mkenga Group appeared first on EazyStock. When to buy. In what quantities to buy. There are many benefits which accrue to our clients.

Quantity 40

Quantity Negotiation Inventory Suppliers 40

EazyStock

JUNE 18, 2019

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.

Inventory 40

Inventory Management Demand Purchasing 40

Procurement Tactics

JULY 20, 2023

Additionally, Vulcan launched its CSR ( Corporate Sustainable Responsibility ) website in 2019 to revolutionize its concrete product line to green practices. Now, the company has a wide inventory in ready-mix concrete products, building systems, precast, brick and stone, architectural products, and many more.

Price 193

Price Suppliers Sustainability Negotiation 193

Supply Chain Game Changer

MAY 17, 2022

Late deliveries, supplier quality problems, equipment downtime, resource shortages, defective materials, missing inventory, manufacturing capacity and quality issues, demand fluctuations, natural or man made disasters, and more all have the impact of stopping production and shipments. Now throw a global pandemic in the mix.

Supply chain 106

Supply chain Real-time Visibility Supply e2e 106

SCMDOJO

MARCH 28, 2023

The use of complex technologies in managing inventory, transportation, trade, and other supply chain activities has been evolving for ages. Similarly, Nestlé has been utilizing blockchain technology since April 2019, allowing customers to track the entire production process from farm to warehouse through QR codes.

Supply Chain Efficiency 116

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization supply chain software solutions 116

Supply Chain Game Changer

SEPTEMBER 19, 2022

This will allow companies to have more visibility into their inventory, improve their cash flow and provide them with an overall better understanding of where they stand in relation to their customers’ needs. Suppose you need data to decide whether or not to order more inventory. Distributed Data Is Efficient.

Supply Chain Efficiency 100

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 100

Procurement Insights

OCTOBER 8, 2024

What are the Top 3 concerns for Chief Procurement Officers in 2019? In 2019, Chief Procurement Officers (CPOs) were dealing with a variety of concerns shaped by evolving business needs, emerging technologies, and global market dynamics.

Chief Procurement Officer 52

Chief Procurement Officer Supply Chain Efficiency Procurement Supply Chain Optimization 52

Supply Chain Game Changer

NOVEMBER 28, 2019

The shipper ecosystem is burgeoning with more delivery orders, more inventory to be managed, more deliveries and more services than ever before. Source: DHL eCommerce Americas, City Freight 2019. Article originally published by, and permission to publish here provided by, Raanan Cohen at bringg.com. BILLION by 2025. Project 44.

Logistics 83

Logistics Supply Chain Optimization Supply Chain Efficiency supply chain software solutions 83

Strategic Sourceror

NOVEMBER 18, 2022

It's little surprise, then, that e-commerce sales soared in 2020, topping $815 billion , up from roughly $571 billion in 2019, according to the Census Bureau. Retailers are also dealing with a glut of inventory, due in part to supply chain bottlenecks that have since worked themselves out. That's a 43% increase.

Strategic sourcing 62

Strategic sourcing Strategic sourcing Inventory Buyers 62

EazyStock

DECEMBER 17, 2019

The new year is upon us, and with the end of 2019 we reach the end of the decade – and the beginning of 2020. They transport pallets of inventory from one location to the another, creating a more efficient supply chain. Check out how you can save more money and time with an inventory optimization solution.

Supply chain management 81

Supply chain management Supply chain management supply chain software solutions Supply Chain Optimization 81

EazyStock

MAY 20, 2020

In 2019 MHI and Deloitte published their report “Elevating Supply Chain Digital Consciousness”. Findings from the same MHI report suggest that even based on 2019 predictions, businesses are moving in the right direction. Digitalizing your Supply Chain by Introducing Inventory Optimization Software.

Supply Chain Efficiency 52

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

The Thomas Blog

JANUARY 17, 2023

PVC resin prices dropped in November and December and are expected to continue to drop in January because of factors such as reduced demand and higher inventories across the supply chain. 2019 saw a rise in sourcing activity for private label foods by users of the Thomasnet.com platform, including private label plant-based foods.

Demand 98

Demand Sourcing Supply Chain Efficiency Price 98

Procurement Software

JUNE 4, 2024

As supply chain technology improves for transportation, inventory management and warehousing, the procurement tools for manufacturing businesses now need to step up. Manufacturing companies also require their technology to support inventory and planning requirements too. And stepping up, they indeed are.

Supply Chain Efficiency 52

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

Finale Inventory

JANUARY 17, 2023

Research shows about a 25% increase overall between 2006 and 2019. Inventory Management Software Can Help You Manage Markup Percentages. Inventory management software from Finale Inventory offers an easy way to simplify inventory management, even if your business has multiple sales channels.

Inventory 52

Inventory Price Demand Strategy 52

Supply Chain Game Changer

MAY 2, 2019

Data from 2017 to 2019 polls conducted by FulfillmentCompanies.net shows that the main costs for an outsourced fulfillment company, warehouse leases and employee wages, have both risen from 2017 to 2019. Inventory shrinkage decreased from the previous year to an average of 1.26%. Below are the survey results at a glance.

Price 51

Price Order Fulfillment Logistics Inventory 51