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Customer Segmentation Remains Relevant and Necessary

Enterra Insights

Business journalist Jordan Beier asserts, “Your business serves a wide range of customers with unique interests and needs. Each customer segment purchases your product to fulfill the same needs and often communicates through similar channels. The drivers behind a customer purchase shapes product, sales and marketing decisions.”

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The Changing Landscape of Direct-to-Consumer Sales

Enterra Insights

The introduction of e-commerce inevitably meant consumers would use the digital path to purchase more regularly. In fact, every year the percentage of purchases made online increases. Jordan DiPietro ( @jdipietro7 ) reports, “There has been a dramatic sea change in how some brands are reaching their customers.

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What Is LIFO and How Can It Be Used?

ShipBob

Imagine this scenario: Jordan operates an online furniture company that holds luxury furniture inventory in a large warehouse. Recently, Jordan purchased 20 sofas at $1500 each and six months later, another 20 of the same sofa at $1700. . When Jordan opened the business, he decided that LIFO made the most sense.

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Which Industries Could Be Impacted by the Israel-Hamas Crisis?

Resilinc

Bordered by Lebanon, Syria, Jordan, and Egypt, the State of Israel is connected to even more countries through the global supply chain. Because of this, a prolonged shutdown could lead to a drop in Israeli gas exports to its neighbors—Egypt and Jordan—and squeeze an already tight global gas market.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Purchasing and supplier management. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. There is really nothing wrong with capturing a lot of metrics, especially with today’s powerful analytics software solutions to help.

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The Supply Chain Impact of Europe’s Refugee Crisis

Kinaxis

According to a recent UNHCR report , nearly 60 million people were forcibly displaced in 2014 from countries such as Iraq, Eritrea, and Afghanistan. On September 5, 163 metric tons of relief supplies arrived via air shipments, including 86 tons of high-energy biscuits, 30,000 blankets, 25,000 sleeping mats, and 1,000 solar lanterns.

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5 Reasons Why You Need a TMS to Build a Resilient Supply Chain

TMC

Additionally, customers have more choices than ever, so a poor experience could result in their decisions to purchase from competitors. When captured correctly and connected to advanced capabilities like predictive analytics, machine learning, and IoT, this information can unlock powerful insights to your business. . •