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Technology: Page 861
Is Your 'Path to Purchase' a Trail or Superhighway?
Analyst Insight: While e-commerce is buzzing, it's still only 6 percent of total U.S. retail spend. For CPG companies, the Online Search to Offline Purchase (O2O) market (30 percent to 40 percent of retail spend) growth is driven by mobile commerce. Some 74 percent of smartphone owners use their device while shopping with 79 percent ultimately making a purchase as a result, according to Retailigence. As the "moment of truth" shifts to the "point of demand", more information is available to support supply chain decisions. – Rich Sherman, author and founder at Gold & Domas Research
Is Demand Planning the Most Misunderstood and Unappreciated Application, Ever?
Analyst Insight: The greatest gap between performance and satisfaction of supply chain applications is in the area of demand planning. The reasons are many, but many are rooted in organizational and processes issues causing many people to throw in the towel too early. – Lora Cecere, Founder of Supply Chain Insights
West Coast Port Strife Diverts Meat Exports - U.S. Carnivores to See Cheaper Prices?
U.S. Carnivores U.S. meat exporters caught in the middle of the West Coast port labor standoff diverted millions of pounds of chilled pork and beef into cold storage facilities over the last few weeks, creating an oversupply of meat, analysts said.
PrimeRevenue Issues New Version of Accounts Receivable App
PrimeRevenue Inc. has released version 2.0 of SCiCustomer, the vendor's software for managing receivables.
Quit Saying 'Collaboration' and Start Practicing It
Analyst Insight: Collaboration is widely identified by supply chain analysts as a critical trend for supply chain execution. But it is one thing to "say" collaboration and quite another thing to get it right and garner real results from your efforts. For the best results, think of collaboration and integration together. And don't be afraid to contract for collaboration. - Kate Vitasek is a faculty member of the University of Tennessee's Graduate Center for Executive Education.
Leveraging Collaboration to Transform Industries
Analyst Insight: Supply chain efficiencies and dynamics are tested daily by the heightened need for companies to meet a growing set of demands. As efficiency and consumer demand converge, visibility grows in importance and can only be brought about through collaboration. What makes visibility and collaboration between stakeholders possible is a common language of standards that can enable supply chain participants to understand and act on information with agility and precision. Industries achieve remarkable progress together. – Siobhan O'Bara, Senior Vice President of Industry Engagement, GS1 US
Four-Year Low in Container Shipping Rates Hits Intra-Asian Trades
Container shipping rates on intra-Asia trades have fallen to their lowest level in four years, according to the Container Freight Rate Insight which is updated weekly and published by global shipping consultancy Drewry.
Maturity Coming to the Procure-to-Pay Cloud
Analyst Insight: The market's understanding of cloud solutions is maturing. We are steadily - and correctly - moving away from what the cloud is to focus on what it can mean for our businesses. For many, what it means now is an opportunity to reduce capital expenditures and free up IT resources. This will change as we look less at whether cloud solutions can do the same things as on-premises and focus on what they can do differently. - Scott Pezza, Principal Analyst at Blue Hill Research
In Retail Demand Planning, The Numbers Can Lie
Retail demand planning is, to a great extent, a game of numbers. But the store that relies entirely on hard statistics is likely to be in for an unpleasant surprise.
High-Tech Leader De-Risks Revenue and TTM Goals with Resilinc SCRM
Challenge: A $15B networking equipment provider lacked visibility to their multi-tier supply chain, could not easily identify and assess risks such as supplier "hot spots" and single points of failure, and was unable to assess risks by part, commodity, category, BUs, location, revenue impact and TTR. Finally, their process for proactive risk mitigation and re-active automated response was inadequate.
2015 to See Focus on Domestic Transportation, Warehousing & Manufacturing in China
Analyst Insight: Though logistics in China has historically been resistant to change, improvements in express delivery will have a noticeable impact in 2015 due to the rapid growth of e-commerce, food safety concerns, and government measures. The limited supply of land for logistics purposes will affect warehousing costs, and the extra cost will drive the need for storage efficiency. Manufacturing will see modest expansion and gradual migration out of China to lower cost countries. – Jim Serstad, Managing Director, Tompkins Asia
So Many BPM Options to Choose From
Analyst Insight: Business process management has changed immensely within the last few years. Last year, many new vendors emerged in all industries and verticals due to SaaS business models. The BPM market is rapidly evolving to include a combination of products services and software bundled into one deliverable in a turnkey solution. As the race to zero continues, vendors will have to discover what customers are willing to pay for. – Dylan Persaud, Managing Director, Eval-Source
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