Let's Talk Supply Chain

FEBRUARY 27, 2025

Market Demand: Fluctuations in consumer demand, e-commerce growth, and global trade patterns will play a crucial role in determining the overall supply and demand dynamics within the trucking industry. As we look forward to 2025, industry executives predict varied trends that can impact rates.

Supply Chain Optimization 52

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

ivalua

JUNE 17, 2022

This is being driven by consumer demand for greater transparency, compliance demands, tougher regulatory enforcement, and the growing emphasis on CSR. This level of flexibility can be achieved with a comprehensive technology stack, a roster of alternative suppliers, and ready access to key data.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply chain Risk e2e 130

Procurement Tactics

MAY 8, 2023

You will need retailer point-of-sales data, causal information, and information on planned events to make an initial sales forecast. Improved customer service Improved forecasting accuracy provides a better way to predict consumer demand along the supply chain, enabling businesses to plan production capacity more efficiently.

Supply Chain Efficiency 200

Supply Chain Efficiency supply chain budgeting Supply Chain Optimization Supply chain 200

Supply Chain Brain

OCTOBER 4, 2023

Brands want to supply the sustainable products that consumers demand, yet they must walk a fine line when it comes to promoting those products to avoid accusations of greenwashing.

Consumer demands 52

Consumer demands Data Sustainability Demand 52

Let's Talk Supply Chain

FEBRUARY 18, 2025

In the YouTube video titled “Supply Chain Talk: Data-Driven Forecasts, ‍3D Printing, and NRF’s Big Shift,” Sarah Barn Humphrey delves into a variety of topics that are shaping the future of the industry. This disruptive technology allows for on-demand production, reducing lead times and transportation costs.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 52

Jaggaer

OCTOBER 24, 2024

Enhanced visibility into the extended supply chain When companies and their suppliers share data and insights, they gain a clearer understanding of the entire supply chain, from raw materials to finished products. However, collaboration relies on the strong foundations of data and insight.

Collaboration 52

Collaboration Innovation Suppliers supply chain budgeting 52

The Network Effect

JULY 17, 2015

Note this the second installment in a series of posts on how master data management affect a company’s financial health. In my first post, I explored whether Wall Street should care about your master data management strategy. . CWCS Managed Hosting/Flickr. This is where MDM comes in.

Data 54

Data Management Networking Consumer demands 54

ivalua

JANUARY 31, 2022

in October 2021*, the highest in more than three decades, as measured by the Consumer Price Index (CPI). Disruptions in global supply chains, labor market shortages, strong consumer demand. 5 Procurement Increasing Its Focus on and Use of Data. The annual rate of inflation in the United States hit 6.2%

Procurement 130

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

Supply Chain Game Changer

MAY 24, 2021

The future will see a supply chain where human resources, raw materials, data, finished goods, and supplies can all collaborate across the board to achieve business goals in a greater way. While sanitizers, ventilators, and masks were on-demand, there was a disconnect between manufacturers and the supply chain industries.

supply chain budgeting 98

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

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. . Data silos also inhibit agility, Keeley said. “As

Agile and Lean Supply Chain 130

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

Let's Talk Supply Chain

MARCH 3, 2025

The company’s focus on expanding its offerings and improving supply chain efficiency is aimed at meeting evolving consumer demands and staying competitive in the market. By embracing digital innovation, the renowned brand is paving the way for enhanced efficiency and increased consumer engagement.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 52

Skill Dynamics

FEBRUARY 13, 2025

Increased globalization, constant digital transformation, and ever-evolving consumer demands have led to a situation where traditional supply chain skills are simply no longer enough for success. This has led to a drastic need for professionals to upskill their data analysts, digital tools, and cybersecurity skills.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Agile and Lean Supply Chain Supply chain 52

Skill Dynamics

JULY 17, 2024

Let’s examine exactly what demand forecasting is, why it’s important to your business, and look at how it’s already been applied in the real world to guide a major global business through a tough economic period. Data inaccuracies can also lead to unreliable forecasts.

supply chain budgeting 96

supply chain budgeting Demand Supply Chain Efficiency Supply Chain Optimization 96

Supply Chain Game Changer

AUGUST 12, 2021

On the other hand, consumers’ demand for goods and services in the market declined, leading to the downfall of economic activity. At the same time, consumers demanded many products that have fallen sharply. As a result, fragile systems were affected by huge fluctuations in demand.

Innovation 98

Innovation supply chain software solutions Supply chain Raw materials 98

The Network Effect

APRIL 2, 2015

Edwards Deming was once quoted as saying, “Without data you’re just another person with an opinion”. Access to retail data, down to the item, store, day, and shift level is powering a new level of decision-making which will completely transform business processes in areas such as demand, replenishment, promotion, and new product planning.

Supply chain 62

Supply chain Consumer demands Networking Supply 62

SCMDOJO

AUGUST 15, 2024

Email hosting has emerged as a pivotal tool in modernizing these communication channels, enabling real-time collaboration and data sharing. Improved Data Security and Compliance Safeguarding sensitive information is essential for any business, especially within retail supply chains where personal and financial data are frequently exchanged.

Retail Supply Chain 98

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

Strategic Sourceror

AUGUST 5, 2022

And with the average citizen indulging in a sweet treat at least two to three times per week, according to data from the National Confectioners Association, it takes a lot of work to keep their sugar fixes satisfied. Whether it's a fruit-flavored lollipop, old-fashioned taffy or a king-size chocolate bar, Americans love their candy.

Supply chain 104

Supply chain Supply Buyers Consumer demands 104

Strategic Sourceror

AUGUST 3, 2022

But with the COVID-19 lockdowns lifted and life largely back to normal, retailers appear to have overestimated consumer demand, with their inventories far exceeding the once torrid pace of sales. Although the pullback has been slow, it's starting to be borne out in the data.

Inventory 104

Inventory supply chain budgeting Supply Chain Optimization Consumer demands 104

The Network Effect

FEBRUARY 11, 2015

There are significant differences between these networked platforms and traditional enterprise SaaS applications, including connectivity, on-boarding, the data model, security model, integration, and transaction management. See below for a visual explanation… Source: ChainLink Research.

Networking 68

Networking Supply chain Consumer demands Supply 68

Supply Chain Game Changer

MAY 1, 2019

According to a recent survey conducted by Forbes Insights , 65% of logistics, supply chain and transportation executives acknowledge the necessity to revamp existing models and add flexibility to business operations in order to ensure omnichannel delivery, reduce costs and meet the ever-shifting consumer demand.

Logistics 98

Logistics supply chain software solutions Supply Chain Efficiency Supply Chain Optimization 98

Supply Chain Trend

FEBRUARY 7, 2021

There is indeed a difference if I locally acquire and produce short shelf-life milk, with high volume and stable consumer demand, or innovative technology products, with a six-month life cycle and components sourced from all over the world. Big Data has become…well really big …and feeds AI and ML algorithms to extract value.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply chain Supply Consumer demands 78

Una

AUGUST 9, 2022

The hardest-hit industries were those in which consumer demand plummeted: restaurants, gyms, transportation, construction, theme parks, conventions, oil and gas, automakers, discretionary travel, live sports, hotels, and (of course), airlines. Industries seeking a new cost reduction strategy.

Purchasing 96

Purchasing Strategy supply chain budgeting Procurement team 96

Spend Matters

OCTOBER 12, 2023

But the real question, according to Costas should be: “how can I orchestrate the processes of these tools to work better together and connect the data?” Macro events changed consumer behavior and our assumptions of it and have led to a greater focus on ESG, with consumer expectations from the corporates.

Procurement 114

Procurement Suppliers Supply chain Consumer demands 114

SCMDOJO

SEPTEMBER 19, 2024

In supply chain management, the bullwhip effect occurs when slow-moving consumer demand at the retail level produces significant fluctuations in production at the manufacturer and supplier levels. Hence, it’s also referred to as demand amplification. It’s also essential to improve forecasting and communication.

Supply chain management 80

Supply chain management Supply chain management Agile and Lean Supply Chain supply chain software solutions 80

SCMDOJO

APRIL 24, 2024

While it’s true that only some prefer to follow trends, data-driven decision-making is vital for businesses to remain competitive and relevant. These technologies can examine huge portions of data from multiple sources, and recognize patterns and tendencies that would be impossible for humans to discern.

Supply Chain Efficiency 90

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization supply chain budgeting 90

Procurement Templates

AUGUST 28, 2024

In 2024, the frequency and sophistication of cyberattacks on supply chain networks have escalated, leading to data breaches, theft of intellectual property, and disruptions in critical operations. The increasing digitization of supply chains has made them more vulnerable to cyberattacks.

Supply Chain Efficiency 130

Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain Supply Chain Optimization 130

SCMDOJO

NOVEMBER 9, 2023

By employing the right Inventory Control Techniques, you can ensure that your business maintains a sufficient stock level to meet consumer demand. For items beset by diminishing consumer demand, a convincing response is to mark them for closer inspection within the system.

Inventory control 105

Inventory control Inventory supply chain budgeting Supply Chain Optimization 105

SCMDOJO

MAY 2, 2024

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience.

Agile and Lean Supply Chain 98

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 98

The Network Effect

MAY 29, 2015

Here’s more info below: Companies are struggling with demand variability and how to meet consumer demand with the right supply at the right location at the right time. Based on the real data from the case study, you will learn: What is demand sensing and how does it reduce demand variability?

Demand 46

Demand Consumer demands Real-time Visibility supply chain software solutions 46

The Network Effect

OCTOBER 17, 2014

Can I create forecasts down to the shelf/SKU level based on daily consumer demand? The sheer volume of SKUs and associated decision points mean that these systems use the “peanut butter approach”, where all products are treated roughly the same despite their different demand profiles. The post How demand-driven are you?

Demand 65

Demand Supply Chain Optimization Networking Consumer demands 65

SupplyShift

DECEMBER 18, 2019

“Consumers are becoming more environmentally and socially conscious and will increasingly turn to brands that not only talk about responsibility but demonstrate it through their business practices,” Standish said. . Many companies think consumer demand for sustainability is about being less bad.

Sustainability 52

Sustainability Supply Chain Efficiency Consumer demands Supply chain 52

SCMDOJO

MAY 2, 2024

Organizations face an array of challenges, including material and labor shortages, inflation, fluctuating consumer demand, disruptions in the supply chain, and volatile global trade relationships. In response to these challenges, the leaders must rethink their supply chain strategies, focusing on building resilience.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Supply Chain Optimization 93

Let's Talk Supply Chain

FEBRUARY 18, 2025

Sustainability Focus: With increasing awareness around sustainability, expect a surge in eco-kind practices, circular supply chains, and green logistics solutions to meet consumer demands for responsible sourcing. Utilize Data Analytics: The power of data in supply chain management cannot be understated.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Innovation Supply chain 52

Solvoyo

FEBRUARY 10, 2020

Kudos to those writing about the way weather influences consumer demand. Also, the Retail chain has a much richer set of data such as point-of-sale details, availability of competing products on the shelf, pricing, and promotions on substitutable products that have immediate sales effect. Some articles go back a decade or more.

Influencing 59

Influencing Demand supply chain software solutions Supply Chain Optimization 59

IBM Supply Chain Blog

APRIL 5, 2024

As an integrated solution across critical components of computing, network, storage and security, the platform aims to assist enterprises in addressing regulatory and efficiency demands. With data nearly everywhere, organizations often possess an existing repository acquired from running traditional HPC simulation and modeling workloads.

Innovation 64

Innovation Quality Consumer demands Data 64

Planergy

SEPTEMBER 5, 2023

Gathering Historical Data Review past financial statements, records, and reports to gain insights into your business’s financial performance and trends. Forecasting Revenues and Expenses Based on historical data, market research, and industry trends, estimate future sales, costs, and other financial variables.

supply chain budgeting 92

supply chain budgeting Budget Real-time Visibility Spend management 92

IBM Supply Chain Blog

FEBRUARY 2, 2024

A 2023 report found that global investment in green or low-carbon energy sources exceeded USD $1 trillion, 1 while advanced data collection tools and artificial intelligence (AI) are helping to better monitor emissions and inform sustainability strategy. Today, sustainability efforts are being shaped by new urgency and new technology.

Sustainability 85

Sustainability Supply Chain Efficiency Supply Chain Optimization supply chain software solutions 85