On the surface, it seems like the consumer packaged goods (CPG) industry performed better than most during the COVID pandemic. Consumer goods e-commerce sales for example increased 91% year over year according to a NielsenIQ analysis. But for this high SKU count industry [...]
A proof of concept (POC) is an increasingly common method to select the best supply chain software vendor for your company, yet many supply chain practitioners still lean on the traditional RFI (request for information) tool. Software selection is risky. A poor [...]
The importance of having the right inventory at the right price to service customer demand is crucial. Nowhere is this truer than on commoditized products. With commodity buying, customers have a wide range of vendors to buy from and switch often to [...]
Most successful companies complete annual strategic business plans in order to identify and execute upon growth opportunities. Likewise, many growth-oriented companies employ supply chain planning (SCP) software to facilitate their growth and improve efficiency and customer service. However, few fully integrate their SCP strategies [...]
Optimize truckload shipments to reduce transportation costs while increasing revenue How far can you go on $500 worth of diesel fuel? Sounds like a trick question, doesn’t it? The answer is it depends. As fuel prices continue to rise, supply chain planners can’t [...]
You know that great feeling you get when you have an expert getting the job done? More and more businesses are hopping on the outsourcing bus and letting the experts take the wheel to drive supply chain planning processes. Several years ago [...]
Outsourcing non-core business processes has been a time-tested way to cut costs while improving performance. Initially companies focused on functions like Finance and HR. But now they have started outsourcing supply chain business processes like demand planning, allowing them to focus on [...]
If your New Year’s resolution is to lose some weight, consider outsourcing supply chain processes. We will describe how to choose a partner, but first let’s take a look at why to consider outsourcing at all. In an economy where only the [...]
In episode four of Be Ready for Anything, hear from Martin Jertz, ToolsGroup’s Business Development Manager for Central Europe, about how organizations can build sustainability into their supply chains while trimming costs and improving efficiency. Podcast: Designing Supply Chains for Sustainability | [...]
Tune into the first episode of Be Ready for Anything, ToolsGroup’s new video podcast. In this series, we’ll be interviewing industry experts about some of the world’s most complex supply chain and demand planning challenges. In this episode, hear from Linda Fung, [...]
