- 1. Optimizing Supplier Relationship Management with E-Procurement Systems
- (Supply)
- ... systems allow organizations to have better control and insight into their procurement activities by providing real-time visibility into spending. With such visibility, businesses can improve supplier negotiations ...
- 2. Using Tracking to Keep Spending Down
- (News)
- According to Supply Chain Quarterly, holiday shoppers are using parcel tracking to keep their spending in check this holiday season. Holiday shoppers are turning to supply chain technology like parcel ...
- 3. The Supply Chain May Be Opening Up
- (Supply)
- ... There is an increase in spending on recreational activities Everyone worldwide received a heavy economic beating as others lost their jobs and companies suspended their operations. However, things ...
- 4. The Just-In-Case Revolution
- (Supply)
- ... and cost as probabilistic measures. This more accurate picture of reality will lead to better supply and asset utilization. Scale up scenario analysis – Spreadsheets no longer cut it. Stop spending days ...
- 5. Big Retailers Invest in Supply Chain Tech
- (News)
- Big retailers like Walmart, Amazon and Target are spending money on improvin their supply chain tech, reports CNBC. When the economy slows down, the classic response for consumer businesses is to cut ...
- 6. Planning Your Supply Chain Strategy
- (Supply)
- ... cost-out projects committed to freight and warehousing spending. Diversify your strategy According to McKeown, “strategy is about shaping the future and is the human attempt to get to desirable ...
- 7. Supply Chains are struggling with These Challenges
- (Supply)
- ... understand where the prices will go next. Furthermore, spending transparency remains poor. Restructuring supply chains While time will heal some problems in global supply chains, it is time to ...
- 8. Supply Chain Recovery May be Painful
- (Supply)
- ... them. Furthermore, the containment measures and restrictions that governments came up with triggered labour shortages. It also led to factory shutdowns because of reduced consumer spending, affecting consumer ...
- 9. Logistics Are Changing – Again
- (Logistics)
- ... worldwide spending on blockchain solutions will reach 11 billion US dollars, according to Accenture. The supply chain has been a steadily increasing trend in the global logistics space for the last few ...
- 10. Update Your Supply Chain Initiatives with These 5 Ideas
- (Supply)
- ... who your customers are, how much they are spending, and where they ship from. This is critical information that can help you make the right investment choices. Automation Automation of in-house ...
- 11. Things Are Changing in Your Supply Chain
- (Supply)
- ... technologies due to its potential to change different industries. In 2019, the spending on blockchain solutions was at 2.7 billion. However, this is expected to hit over 11 billion, according to DHL. This ...
- 12. Neiman Marcus Spends on Supply Chain
- (News)
- According to Biz Women, Neiman Marcus is making a significant investment in supply chain technology. Neiman Marcus Group said it will invest $85 million in supply chain innovation and technology in ...
- 13. Can Supply Chains Keep Up with Online Shopping Demand
- (News)
- ... spending day in the United States. In 2019, both events saw record-breaking revenues, but Cyber Monday outpaced brick-and-mortar sales by nearly $2 billion, reaching a massive $9.4 billion. Read the ...
- 14. Is Your Supply Chain Budget in Shape for 2021?
- (Supply)
- ... a good idea to assess your vendors and suppliers to ascertain how much you are spending on supplies and inventory. As we go into 2021, this will be the most important thing because it allows you to identify ...
- 15. Llamsoft Brings Supply Chain Tech to Coupa Software
- (News)
- ... their spending, is diving further into related supply chain technology with the acquisition of Llamasoft, whose technology helps companies like The Boeing Co., Nestlé and The Home Depot Inc. manage their ...
- 16. Planning for 2020 Holiday Supply Chain
- (Supply)
- ... season that includes in-store shopping, they risk being overstaffed and overspending on hiring and onboarding.” Retail stores are taking a different approach to hiring this year. Target is set to hire ...
- 17. Emerging Tech Plays Important Role in Supply Chain
- (News)
- According to CSQ, new technologies played an important role in helping e-commerce grow during the pandemic, and even before. It is easy to say that the COVID-19 pandemic has been responsible for a tremendous ...
- 18. Cheaper Sensors Expand IoT in Manufacturing
- (Technology)
- ... The manufacture of IoT devices has been growing significantly mainly in areas such as manufacturing and supply chain management. Research by Forrester Research in 2018 indicated that the largest spending ...
- 19. AI-enabled retail software revenue to rise nearly eightfold by 2025
- (News)
- ... (AI) software to enhance their efficiency, helping drive nearly an eightfold rise in sales of such software by 2025. Worldwide spending on AI software for retail uses is forecasted to expand to $9.8 billion ...
- 20. Apply Data Science to Enhance Your Supplier Relations
- (Retail)
- ... enabling them to make decisions based on timely data. Decisions such as spending, supplier management and procurement strategies become highly efficient with the availability of such information. Due to ...
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