ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

ToolsGroup

JANUARY 19, 2024

The curtains have closed on the National Retail Federation (NRF) 2024 Retail’s Big Show, and this year’s event has been extraordinary, with a record-breaking attendance of nearly 40,000 participants from around the globe. Inflation, another hurdle on the retail landscape, prompted a shift in focus towards long-term business growth.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

Logistics Viewpoints

JUNE 8, 2021

The gig economy and its on-demand armies of drivers have moved people and food for years, but many retailers still hesitate to tap into Uber, Postmates and other companies to quickly move orders from stores to local customers’ doorsteps. Gig economy fulfillment setting retailers apart. Business intelligence lights the path for others.

Supply Chain Planning Software 279

Supply Chain Planning Software Supply Chain Network Software Retail Logistics Network Optimization Software 279

Enterra Insights

JUNE 21, 2022

Inflation is starting to impact the retail sector in significant ways. Some experts believe artificial intelligence (AI) capabilities will help retailers find their way through these volatile times. ”[1] According to Kestenbaum, some retailers don’t understand AI’s importance to their success.

Retail 182

Retail Supply Chain Design Software Analytics Software Optimization Software 182

Enterra Insights

FEBRUARY 3, 2020

The big news in retail over the past two decades has been the rise of e-commerce which has resulted in the so-called retail apocalypse. Daphne Howland ( @daphnehowland ) reports any eulogies being written about brick-and-mortar retail’s demise are premature. Retail trends. Direct-to-Consumer (DTC) retail.

Predictive Analytics Software 100

Predictive Analytics Software Trends Retail Resource Reduction 100

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions. 10% increase in both forecast accuracy and revenue.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ToolsGroup

AUGUST 12, 2022

In a world where customer expectations are higher (some food delivery services actually put the groceries right into your fridge), and where customers select retailers based on products being in stock and reliability of delivery, optimizing the customer experience is a must to stay on top. . What is the Omnichannel Retail Experience?

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Logility

APRIL 6, 2020

The retail industry, like many others, has been upended by Covid-19. The focus for all fashion retailers is inventory. Below we will examine inventory + a new retail outlook for 2020. The focus for all fashion retailers is inventory. The number one priority is inventory for cash….

Retail 208

Retail Expense Reduction Inventory Reduction Supply Chain Planning Software 208

Multichannel Merchant

DECEMBER 31, 2020

As 2020 comes to a close, it’s time to reflect back on a wild and crazy year in retail, to paraphrase the Festrunk brothers from Saturday Night Live. Retail store closure and bankruptcy filings, already a steady beat before the pandemic, accelerated in pace. Postal Service added surcharges in 2020.

Retail 96

Retail Demand Planning Software Inventory Management Software Logistics Network Optimization Software 96

ToolsGroup

FEBRUARY 7, 2022

The wonderful world of retail. The Retail Trends Shaping How We Shop in 2022. The Retail Trends Shaping How We Shop in 2022. From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ToolsGroup

DECEMBER 14, 2021

For the largest shopping week of the year, this year’s Black Friday provides insights retailers can’t ignore. In-store foot traffic, while up 48 percent over what was a historic low in 2020, was still down 28 percent compared to pre-pandemic levels. And what does it mean for retailers going forward? Total sales also dropped 1.3

Retail 156

Retail Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 156

Logistics Viewpoints

DECEMBER 14, 2021

More than 30 Q-Commerce companies are currently operating in Europe, and half of them were founded very recently, in 2020. According to OECD, during the pandemic, brick-and-mortar retail services such as food services saw 7.7% drop in sales while non-store retailers (mostly E-Commerce providers) achieved 14.8%

Supply Chain Planning Software 194

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 194

Enterra Insights

MAY 9, 2022

Ready or not, retailers were shoved into the omnichannel world thanks to pandemic lockdowns beginning early in 2020. This created a new retail landscape — on both the consumer and supplier side. But it is just that, an acceleration of an existing trend due to e-retailers’ ability to trade during lockdown. ”[3].

Omnichannel 130

Omnichannel Retail Purchasing Skills Inventory Reduction 130

GlobalTranz

SEPTEMBER 28, 2020

As reported by Supply Chain Dive, “2020 has been a slow year for retailers due to the COVID-19 pandemic, and the upcoming sales are a great opportunity to boost sales and make up for the.read More. The post Inventory System Concern: Should Companies Always Maintain Peak Season Stock?

Demand Planning Software 156

Demand Planning Software Inventory Management Software Inventory System 156

BlueYonder

SEPTEMBER 7, 2023

Having started my retail career at the age of 17, I speak from experience when I say…retail is a hard business! In my 30+ years working in retail I often said, “Retail, you’ve got to love it…especially if you are going to make a career of it.” billion from 2020. The group said retailers on average saw a 26.5%

Retail 108

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 108

Enterra Insights

OCTOBER 1, 2021

For years now, retailers have been advancing the date for Christmas holiday sales. ”[1] And many consumers realize their gift selection could be limited to items currently found on store shelves or currently available in online retailer inventory. In the future, 2020 will be seen as a major inflection point for retail.”[4]

Retail 130

Retail Procurement Analytics Agile and Lean Supply Chain Demand Planning Software 130

Logistics Viewpoints

FEBRUARY 1, 2021

A101 is the fifth fastest growing retail company in the world. A101 is the largest retailer in Turkey with over 10,000 company owned stores and 48 regional distribution centers and one E-commerce fulfillment center. With COVID, the retailer saw demand spikes for 900 items out of the 1600 the retailer carries. Mr. Cerito?lu

Supply Chain Planning Software 247

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Retail 247

The Logistics & Supply Chain Management Society

JULY 20, 2020

retail, e-commerce, food production). The rush to stockpile basic needs like food, beverages and toilet paper led to a dramatic increase in sales at retail outlets such as supermarkets. This boosts revenues and optimises inventory. This can be applied to inventory management, fleet and order tracking, ID badging.

Agile and Lean Supply Chain 230

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 230

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Inventory Management. Regardless of how efficient and effective, all supply chains carry inventory. The bullwhip effect refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. The path to recovery from COVID-19 – LogiSYM August 2020.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

ToolsGroup

OCTOBER 3, 2022

Retail workers are at the heart of the economy, making the continued retail labor shortage a top challenge for retailers–one that appears here to stay. Get the real story on today’s retail worker shortage, as we break down: Retail Labor Shortage Statistics. The Need for Corporate Retail Talent.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Logistics Viewpoints

OCTOBER 4, 2021

To say that the pandemic made 2020 a very challenging year would be a gross understatement. A study by E2open – the 2021 Forecasting and Inventory Benchmark Study: Supply Chain Performance During the Covid-19 Pandemic – provides the answers. For the rest of 2020, service levels stayed at 86%. 2020 was different.

Inventory Reduction 224

Inventory Reduction Supply Chain Performance Cost Reduction Strategies Supply and Demand 224

Enterra Insights

OCTOBER 3, 2022

With just over four score days to go before Christmas, retailers, marketers, supply chain professionals, and consumers are all wondering how this holiday season is going to unfold. As we all know, supply chain snarls disrupted last year’s holiday shopping season — with some inventory arriving well after the holidays ended.

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

The Logistics & Supply Chain Management Society

JULY 22, 2020

But companies will have to go beyond the usual inventory optimisation. . Extensive experience in Manufacturing, Aerospace, Automotive, Retail, Heavy Industries, Pharmaceuticals, Mining, Oil & Gas. LogiSYM Supply Chain Magazine – July 2020. The Future of Supply Chains Post COVID-19 – LogiSYM July 2020.

Supply Chain Software 147

Supply Chain Software Modeling Pharmaceutical Agile and Lean Supply Chain 147

Enterra Insights

JUNE 1, 2021

Although every economic sector undergoes constant change, the retail sector has probably seen more changes in a shorter period of time than most other sectors. With all of the changes in the retail environment and the continued shift away from conventional technologies, cognitive computing in retail is becoming increasingly important.”[1]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

Enterra Insights

JULY 19, 2021

While it is too soon to declare victory over the Covid-19 pandemic, brick-and-mortar retail is seeing signs of renewed vigor. ” To take advantage of shoppers returning to stores, retailers need to do more than simply open their doors. retail sits at the edge of a second pandemic-fueled transformation. 3] They are: 1.

Retail 130

Retail Procurement Analytics Purchasing Skills Research 130

Logistics Viewpoints

JANUARY 18, 2022

Since the start of the Covid-19 pandemic in 2020, the world has dealt with supply chain issues. Here are the challenges retailers may face in their supply chain operations in 2022 and some tips for overcoming them. Changing trends in lifestyle and impacts on fashion retail. To read the full article, click HERE.

Supply Chain Planning Software 257

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 257

Vanguard Software

APRIL 30, 2021

Consumer shopping habits have changed significantly due to COVID-19, impacting retailers through 2020. While vaccines have become available and restrictions on social gatherings have lifted, many of the shopping behaviors adopted in 2020 are here to stay. In 2020, consumers spent $861.12 Download Industry Sheet.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Inventory 52

The Logistics & Supply Chain Management Society

NOVEMBER 23, 2020

Customers include large fast food chains in the Philippines, exporters and importers, as well as small food retailers. In Taguig, ORCA together with SSI Schaefer built the first fully automated deep-freeze warehouse with temperatures from -18°C to -25°C on a floor space of one hectare and opened the facility in February 2020.

Philippines 246

Philippines Supply Chain Software Logistics Network Optimization Software Supply Chain Design Software 246

The Logistics of Logistics

JUNE 23, 2022

What Shippers and Retailers Need to Know for Peak Season Planning 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 238

BlueYonder

JUNE 26, 2023

The physical retail store is dead…long live the reimagined phygital retail store! There was a great mix of those Direct-To-Consumer brands making their first foray into physical retail to those that have hundreds and thousands of stores, including Starbucks with 35K+ locations.

Seattle 73

Seattle Real-time Visibility Retail Modeling 73

ToolsGroup

JUNE 11, 2019

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.

Optimization Software 244

Optimization Software Supply Chain Optimization Supply Chain Planning Software Network Optimization 244

Enterra Insights

JUNE 24, 2020

Years before the novel coronavirus pandemic shut down economies, analysts were writing about the retail apocalypse and what it would take for brick-and-mortar retailers to survive. Analysts generally cite three contributing factors for the retail apocalypse: overbuilding, too much debt, and e-commerce (aka the Amazon Effect).

Retail 100

Retail Procurement Analytics Purchasing Skills Omnichannel 100

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

Tracking the inventory and reorder point gives organizations complete control over their stocking policies is one of the many functions that it deploys. The path to recovery from COVID-19 – LogiSYM August 2020. 10 Huge Benefits of eCommerce Businesses for Retailers & Buyers – LogiSYM August 2020.

Supply Chain Design Software 147

Supply Chain Design Software Optimization Software Supply Chain Software Analytics Software 147

Enterra Insights

MAY 28, 2020

Even before the COVID-19 pandemic shuttered physical stores, retailers were adopting omnichannel strategies to take advantage of the increasingly important consumer digital path to purchase. Petr Svoboda ( @petrsvob ), CEO of Shopsys, has been urging retailers to focus more sharply on online sales for nearly twenty years.

Omnichannel 100

Omnichannel Retail Expense Reduction Inventory Reduction 100