Logistics Viewpoints

JUNE 9, 2022

The good news is that these peaks come at about the same time every year and can therefore be easily planned for. The hype usually revolves around just one item and can easily be managed by a modern logistics system. Logistics software is your ace in the hand, before, during and after the peaks. Peaks are all so different.

Logistics Network Optimization Software 224

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 224

Enterra Insights

JANUARY 9, 2023

At the same time, high consumer demand could enflame inflationary fears. This is the conundrum faced by retailers as they enter the new year. Inflation, recession, and changing consumer behavior aren’t the only business environment changes confronting retailers. 2023 Retail Trends. ”[1].

Trends 130

Trends Retail Predictive Analytics Software Omnichannel 130

Enterra Insights

APRIL 13, 2023

The other side, call it Team Soft Landing, argued that the situation was very different this time.”[1] Correspondent Melissa Repko reports that it might take some time for retailers to figure out how consumers are going to behave over the coming months. ”[1] He asks, “So where does that leave us?”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Enterra Insights

APRIL 2, 2024

The checkout kiosks bleat and flash when you fail to set a purchase down in the right spot. The checkout kiosks bleat and flash when you fail to set a purchase down in the right spot. On the other hand, you (and/or less honest customers) are the retailer’s problem. Long checkout lines would disappear. Waits would dwindle.

Security 246

Security Inventory Reduction Cost Reduction Strategies Procurement Analytics 246

Unleashed

MARCH 26, 2023

If you’re running a product business and using Xero for your accounting, you’ll need to implement some form of inventory management. While the platform offers some inventory features of its own, many businesses will require something with greater functionality. Do you need integrated Xero inventory software?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

ToolsGroup

DECEMBER 16, 2021

We have all, at one point or another, experienced feelings of satisfaction and excitement of getting a bargain, and coupon websites like RetailMeNot make it easier than ever to find the best promotions, in just a few clicks. After all, why pay full price when you can purchase the exact same item for less?

Retail 194

Retail Purchasing Skills Procurement Solutions Procurement Analytics 194

QAD

MAY 23, 2023

With statistics like these, it’s clear that ethical sourcing isn’t just important from a legislative and trade compliance perspective, but is simply the right thing to do. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.

Procurement Solutions 94

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 94

Unleashed

FEBRUARY 14, 2024

Finished goods inventory are products that have been through the manufacturing process and are now ready for sale. This article breaks down how finished goods are calculated and some key inventory management methods for tracking them as they move through your business. What are finished goods inventory?

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Logistics Viewpoints

OCTOBER 2, 2023

FourKites CEO, Matt Elenjickal One of the two leaders in the real-time transportation visibility market is FourKites. ARC considers real-time visibility solutions, like the one from FourKites, one type of SCCN solution. ARC considers real-time visibility solutions, like the one from FourKites, one type of SCCN solution.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Unleashed

OCTOBER 6, 2021

So your company is looking to reduce costs, and you’ve been asked to contribute by reducing your inventory cost. That makes sense – inventory is one of the most capital intensive areas for any product business. Here we explain how you can do this with 16 cost reduction strategies in inventory management?that

Inventory Reduction 95

Inventory Reduction Cost Reduction Strategies Material Savings Vendor Strategies 95

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. There are two main ways businesses can track inventory: manually, using spreadsheets and logbooks; or automated, using inventory software systems. What is inventory tracking? It helps to reduce inventory shrinkage and loss.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Enterra Insights

AUGUST 23, 2022

Just when brick-and-mortar retailers thought the so-called “retail apocalypse” was ending, supply chain woes and rising inflation reined in their optimism. ”[2] In other words, physical retailers can’t return to business as usual. What Does a Retail Reset Entail? ”[3]. They must reset.

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Enterra Insights

AUGUST 23, 2022

Just when brick-and-mortar retailers thought the so-called “retail apocalypse” was ending, supply chain woes and rising inflation reined in their optimism. ”[2] In other words, physical retailers can’t return to business as usual. What Does a Retail Reset Entail? ”[3]. They must reset.

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

ThroughPut

MARCH 27, 2024

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. How is AI Revolutionizing Retail Supply Chains?

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Enterra Insights

DECEMBER 4, 2019

Traditionally the holiday shopping season has been a make-or-break time for retailers. It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Unleashed

JANUARY 31, 2023

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. What is in-transit inventory? In-transit inventory is products that have been shipped by the seller but have yet to reach the customer. Who owns in-transit inventory?

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

Logistics Viewpoints

AUGUST 22, 2022

billion in inventory “that if we could just wave a magic wand, we’d make it go away today,” said chief financial officer (CFO) John David Rainey. Walmart estimates that inventory is still 15% above optimal levels. We’ve also cancelled billions of dollars in orders to help align inventory levels with expected demand.”.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 191

Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. The timing was not great.

Security 198

Security Supply Chain Planning Jordan Forecasting 198

Herlitz Inventory Management

JANUARY 18, 2023

Demand forecasting is a vital activity for wholesale and retail purchasing teams. It helps ensure they will have adequate inventory available to meet future demand and avoid stockouts. Demand forecasting is a process that helps retailers and wholesalers predict future consumer demand.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Procurement Solutions 52

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Clear Spider

OCTOBER 10, 2023

Shorter trend cycles, rising costs of goods, and high demand for seasonal products like candy, costumes, and decorations are all haunting manufacturers and retailers globally. In the fast-paced world of seasonal inventory, trend forecasting is crucial for success. On the other, this agility puts pressure on suppliers.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Forecasting Software 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

From the farthest African town to the streets of London, modern technology are applied to purchase online and businesses strive to respond to the increasing demand for online shopping. Online portals provide them sufficient information at any time they search. However, the solution to this issue is online shopping.

Retail 248

Retail Supply Chain Design Software Material Savings Supply Chain Planning Software 248

RFgen

FEBRUARY 16, 2023

KEY TAKEAWAYS: Consignment inventory is distributed inventory to a retailer from a supplier, without the supplier transferring ownership of the inventory. Accessibility, strong data capture, and ease of use are all critical components when determining what consignment inventory software to use.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Modeling Software 52

Vinculum

MAY 13, 2022

Just because of the pandemic, there was a disturbance in the supply chain management in the e-commerce business model. The call is to enhance the supply chain by prominently improving inventory management. The order and inventory management systems play vital roles in the back-end and front end of the e-commerce business processes.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Procurement Solutions 52

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

BlueYonder

DECEMBER 18, 2023

Blue Yonder has been named as a Leader in the IDC MarketScape: Worldwide Order Orchestration and Fulfillment Applications for Retail 2023 Vendor Assessment (doc #US49615623, December 2023). The IDC MarketScape report on Order Orchestration and Fulfillment evaluates 14 software vendors in this area.

Optimal Sourcing 95

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 95

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

BlueYonder

JANUARY 12, 2023

Recent reports have highlighted the challenges many retailers are having with excess inventory. With supply chain disruptions continuing, purchasing more stock in advance to meet the forecasted upturn in demand made perfect sense. So, what can retailers do about this? However, this is not a complete strategy.

Inventory Reduction 78

Inventory Reduction Price Reduction Waste Reduction Cost Reduction Strategies 78

ShipBob

NOVEMBER 29, 2023

But just a couple of hours ago, two units were damaged during order picking. These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

Cognira

FEBRUARY 12, 2024

A 2024 Outlook into the Future of Retail Promotions February 12, 2024 Promotions Home As we step into 2024, the retail landscape is undergoing significant transformations, with technology, data, and customer expectations playing pivotal roles.

Waste Reduction 52

Waste Reduction Inventory Reduction Retail Optimization Software 52

Unleashed

FEBRUARY 18, 2019

Innovative technologies have made their mark on every aspect of manufacturing , retail and eCommerce business, from product design through to after sale service. When inventory control is approached as a cashflow measure, the financial impact of excess stock, slow-moving SKUs, stock-outs and obsolete or dead stock, provides a new perspective.

Inventory Reduction 70

Inventory Reduction Inventory Management Software Supply Chain Design Software Procurement Solutions 70

Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

EMERGE App

MARCH 16, 2020

There’s no business sense for the dealer to purchase second-hand cars from prospective sellers in order to resell them for a profit (if any!). There’s no business sense for the dealer to purchase second-hand cars from prospective sellers in order to resell them for a profit (if any!). What Exactly is Consignment Inventory?

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Unleashed

JULY 2, 2023

Days Inventory Outstanding (DIO) is a fundamental inventory metric for measuring efficiency and liquidity inside a product business. It’s used frequently in inventory accounting to help businesses understand their holding costs and make optimised purchasing decisions. What is Days Inventory Outstanding?

Inventory Reduction 52

Inventory Reduction Inventory Inventory Management Software Procurement Analytics 52

Unleashed

OCTOBER 8, 2023

Accurate inventory accounting requires accurate data. Opening inventory, correctly calculated, is an essential figure for determining the costs and profitability of your business. It can be used to calculate the cost of goods sold and other useful inventory reports. What is opening inventory?

Inventory Reduction 52

Inventory Reduction Inventory Procurement Analytics How To 52

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52