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Sourcing & Procurement: Page 206
Sourcing Solutions
Pandemic Dramatically Slowed Payments to Suppliers, Disrupted Inventory Levels
The Hackett Group Inc.
Days Payable Outstanding (DPO) was the main working capital shift evident in 2020, rising by 7.6%, with typical companies now taking more than 62 days to pay suppliers, an all-time high.
Sourcing Solutions
Commodity Intelligence Points to Increasing Supply Constraints for Manufacturers
Supplyframe
Measures also indicate that the percentage of chips out of stock by the Top 4 automotive manufacturers worsened by 14 points quarter over quarter.
E-Commerce Solutions
GEODIS, KNAPP Partner to Introduce Highly Automated Order Fulfillment Technology
GEODIS
Following implementation, GEODIS is expected to move approximately 850,000 e-commerce units per day.
Emerging Technologies
SaaS Management is Complex, but Doesn’t Have to Be
Zylo
Effective SaaS management optimizes costs, reduces risk and provides critical knowledge of application utilization.
Transportation
DHL Invests in Warehousing, Air Cargo
DHL Express
DHL Express announced greater investment in key markets in the Americas, including new and expanding facilities as well as growth in its air network.
Sourcing & Procurement
Reframing How We Look at Supply Chain Finance and Dynamic Discounting
PrimeRevenue Inc.
When implemented with the right provider, supply chain finance and dynamic discounting can capture the full potential of early payment’s impact on buyer and supplier balance sheets.
Warehousing
Weber Logistics Grows Warehousing Footprint
Weber Logistics
Weber Logistics opens another distribution center in San Bernardino, Cali. to focus on omni-channel retail distribution.
Automation
enVista Acquires HCM Systems, Expands Automation Capabilities
enVista
This acquisition is strategic in nature, strengthening enVista’s position as the only physical and digital commerce solutions provider in the market, according to enVista CEO, Jim Barnes.
Sourcing & Procurement
HICX Survey Underscores Need to Improve Supplier Relationships
HICX Solutions Ltd.
64% of respondents cite communication between departments within enterprises and lack of clarity around who to contact for what as a Top 3 area for improvement.
Emerging Technologies
The Need for Smarter IoT Supply Chain Management in a Connected World
Jabil Inc.
When supply shortages impacted the smart home and appliance industry just a few years ago, it forced some OEMs to look at product designs.
Sourcing & Procurement
AI and Machine Learning Trends in the World of Procure-to-Pay
Transcepta
Here are few of the reasons why supply chain managers are increasingly embracing P2P and AP automation to build smarter systems that increase efficiency, lower costs and put their organization in a position to thrive while they scale.
WMS/TMS
Descartes Acquires GreenMile for $30M
Descartes Systems Group
Descartes Systems Group has acquired GreenMile in an up-front cash consideration of $30 million.
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