Unleashed

DECEMBER 15, 2021

Here explain what DSI is, how to use it, and why it’s crucial to track this metric in your business – whether you’re a retailer, manufacturer, wholesaler or distributor. Days Sales of Inventory is a calculation to work out the average period of time (in days) that it takes for a business to sell its products or inventory.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

Logistics Viewpoints

FEBRUARY 2, 2024

In some sort or another, Punxsutawney Phil has been predicting the weather since 1890, and let’s just say that his record is iffy at best. ” I assume that Phil tries to ignore the pomp and circumstance of how his shadow would determine the upcoming weather pattern, and just wants more sleep (like the rest of us on a cold winter’s day).

Cost Reduction Strategies 238

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 238

ToolsGroup

MAY 15, 2024

Imagine a retail giant striving to meet surging online orders while grappling with unpredictable shipping delays caused by natural disasters. Or consider a global pharmaceutical company racing against time to distribute life-saving vaccines amidst logistical hurdles and regulatory uncertainties.

Supply Chain Planning Software 177

Supply Chain Planning Software Scenario Planning Supply Chain Planning Supply Chain Software 177

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

ThroughPut

JUNE 5, 2024

Inventory Monitoring The vendor uses this data to monitor the customer’s real-time inventory levels. They may use various methods for demand driven replenishment , such as regular deliveries, just-in-time (JIT) deliveries, or consignment inventory. What is the main benefit of VMI for retailers?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Supply Chain Planning Software Cost Reduction Strategies 52

crisp

AUGUST 9, 2023

Velocity isn’t just another metric; it’s a way to align your retail strategy with consumer behavior to optimize performance at every store. With an abundance of strategies and metrics to consider, finding the right path can be daunting. In his celebrated book “ Ramping Your Brand ”, James F.

Retail 52

Retail Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52

Logistics Viewpoints

MAY 24, 2024

But there is an underlying benefit to work travel sometimes – watching movies on my flight that I might not otherwise have time for. The bank’s global supply chain index has been showing muted pressure on that front for some time. The movie tells the story of perhaps the greatest family from professional wrestling, the Von Erichs.

Logistics Network Optimization Software 228

Logistics Network Optimization Software Supply Chain Design Software Logistics Las Vegas 228

AIMMS

FEBRUARY 20, 2015

Interview with Lora Cecere, Founder and CEO of Supply Chain Insights and Author of Supply Chain Metrics that Matter ( published December 2014 ). Thanks for your time today. Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. People like stories.

Metrics 120

Metrics Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Logistics Viewpoints

SEPTEMBER 4, 2023

Depending on the product, their customers are consumer goods companies, retailers, food service distributors and restaurant chains. Simmons supplies private label products to some of the world’s largest retailers and food chains. A 95% on time delivery metric – very high performance – is just not good enough for Simmons.

Procurement Solutions 207

Procurement Solutions Procurement Analytics Manufacturing Procurement Optimal Sourcing 207

Supply Chain Shaman

DECEMBER 28, 2020

We had just recovered from a recession, and my goal was to help supply chain leaders create a better supply chain by the end of the decade. At that time, Supply Chain 2020 seemed so far away. When I started my business in 2012, I frequently wrote about the future using the moniker of Supply Chain 2020. My focus was simple.

Supply Chain Planning Software 418

Supply Chain Planning Software Forecasting Forecasting Software Modeling 418

GlobalTranz

APRIL 16, 2018

There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button.

Prescriptive Analytics Software 161

Prescriptive Analytics Software Supply Chain Planning Software Retail Analytics Software 161

ThroughPut

MAY 22, 2024

Naturally, one of the reasons that businesses hesitate to adopt AI is the time it takes to realize ROI. With time running short, businesses need to build a clear business case for AI with a concrete plan of action that rapidly – and incrementally – achieves ROI.

Supply Chain Planning Software 52

Supply Chain Planning Software Optimal Sourcing Modeling Inventory Reduction 52

Cognira

DECEMBER 20, 2022

The Pressure is on – Why Retailers Need to Take Action on Green Retailing. Retail AI/ML & Data Science. Sustainability, a topic that has long been discussed, is becoming one of the most important strategic priorities for retailers. What is Green Retailing? Why invest in Green Retailing?

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

BlueYonder

JANUARY 18, 2024

When it comes to improving e-commerce returns, retailers will often think to change the length of time customers have until they’re no longer allowed to return an item, or begin offering free returns postage. That’s because most retailers direct all their returns to one or two processing hubs, typically distribution centers.

Logistics Network Optimization Software 56

Logistics Network Optimization Software How To Supply Chain Software Retail 56

crisp

OCTOBER 20, 2022

Discover the essential data points every growing brand should have on-hand to be a successful and proactive retail supplier — without spending your whole day in spreadsheets. Brands in the retail space know that the supplier-retailer relationship is critical to their success. Retail data: A brand’s greatest asset.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Data Waste Reduction 98

SupplyPike

JUNE 22, 2020

Learn all about: What Retail Link is and who can use it The challenges of Retail Link What reports and tools Retail Link has to offer. Retail Link provides you all this. Retail Link is also a way Walmart monitors its suppliers. Retail Link is also a way Walmart monitors its suppliers. Retail Link Apps.

Retail 58

Retail Supply Chain Planning Software Procurement Analytics Forecasting Software 58

SupplyPike

JUNE 24, 2020

Learn about: The categories of analytics How they relate to retail and supply chain What suppliers can do with that data. Categories of Retail Analytics. There are different categories of retail analytics: descriptive, predictive, and prescriptive. It is important to know these three different types of retail analytics.

Prescriptive Analytics Software 98

Prescriptive Analytics Software Predictive Analytics Predictive Analytics Software Retail 98

Supply Chain Shaman

MAY 6, 2014

Then I go to a conference like Logimed USA, and I get immersed in another industry—like medical devices—which is a decade behind CPG/retail, and I get a reality check. Then I go to a conference like Logimed USA, and I get immersed in another industry—like medical devices—which is a decade behind CPG/retail, and I get a reality check.

Supply Chain Software 304

Supply Chain Software Conference Supply Chain Planning Packaging 304

Enterra Insights

JUNE 25, 2019

Retail Shrinkage is a serious retail challenge, especially when its causes can’t be accurately determined. retailers just under $50 billion combined. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. .” ” Every retailer knows carrying inventory comes with costs.

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Vendor Strategies 100

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). Since every retail organization is different, the IDC MarketScape also looked at the flexibility of the software.

Optimal Sourcing 93

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 93

GlobalTranz

MAY 20, 2015

The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. The next posts in the series will break down metrics and issues to consider in SQM by industry and conclude with a case study on the application of SQM. Cost of quality.

Procurement Analytics 120

Procurement Analytics Metrics Quality Supply Chain Planning Software 120

crisp

JANUARY 27, 2022

At Crisp, we believe that data isn’t meant for just one person or team. That’s why we’ve expanded product offerings for supply chain managers, added new e-commerce data, and helped teams everywhere make retail vendor portal data more usable. In-stock rates are a critical metric to evaluate supply chain success.

Supply Chain Software 52

Supply Chain Software Data Forecasting Software Retail 52

Locus

DECEMBER 23, 2022

This is reason enough for retailers to double down on their delivery efforts in the last mile. But even with this knowledge, what’s stopping retailers and e-commerce companies from providing excellent delivery experiences to their customers? Retailers must be able to cater to the unique delivery preference of their customers.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

Logistics Viewpoints

NOVEMBER 14, 2022

But even in more normal times, a supply plan usually can’t be fully executed. The network supports a wide array of messaging types including real-time GPS, EDI, and API-based capacity requests, bookings, statuses, and customs messages. Real-time location and IoT data such as condition statuses (e.g., Stuff happens.

Agile and Lean Supply Chain 228

Agile and Lean Supply Chain Supply Chain Planning Software Supply Chain Design Software Supply Chain Network Software 228

Locus

DECEMBER 9, 2022

The retail industry around the globe is in a state of flux. Retailers and CEP (Courier, Express and Parcel) businesses are trying hard to find a balance between customer expectations and profitability. Things have become highly difficult for CEP and retail businesses to improve their delivery success rate. Just deliver it, man.

Metrics 98

Metrics Retail Logistics Network Optimization Software Predictive Analytics Software 98

Zipline Logistics

OCTOBER 19, 2021

Competition in the consumer goods space is at an all-time high as venture capital continues to pour into the industry and products hit the market at record speed. With more brands looking for an edge, organizations can find a dependable competitive advantage in their retail logistics function. What is Urgency in Retail Logistics?

Retail 52

Retail Optimal Sourcing Vendor Strategies Cost Reduction Strategies 52

Zipline Logistics

DECEMBER 8, 2020

As consumers look more frequently to retail grocers’ online channels, there is an emerging phenomenon that threatens to jeopardize brands’ revenue and put competitors’ products in customers’ pantries. Why Retail Logistics Matters. First, it can erode your retail revenue. Impact on Retail Relationships .

Retail 52

Retail Procurement Analytics Manufacturing Procurement Vendor Strategies 52

crisp

MAY 21, 2024

Revolutionize your sales and supply chain planning with new weather-driven retail insights. You might figure that sunscreen sales rise when UV levels do, or that hearty soups sell through when the weather is frightful – but did you know that just a 1ºF temperature increase can boost strawberry sales by 8% ?

Trends 52

Trends Procurement Analytics Optimal Sourcing Forecasting 52

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. Kroger collaborates with thousands of food and beverage, health, beauty, and personal care companies to service roughly 2,800 stores.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Logistics Viewpoints

DECEMBER 7, 2021

Just two days before Thanksgiving, FreightWaves reported an “all-time-high 93 ships” were waiting there. Multi-carrier shipping strategies also need rules in place related to delivery time requirements, special conditions (hazmat, refrigeration, etc.), The net effect creates a difficult reality for shippers.

Capacity 194

Capacity Price Reduction Cost Reduction Strategies Inventory Reduction 194

Ware2Go

APRIL 11, 2023

Sustainable eCommerce is more than just a buzz-word: Both consumers and small midsized businesses (SMBs) are growing more concerned about the impact of eCommerce on the environment. Those returns often can’t be re-sold, or retailers will lose money on a resale. This likely does not account for the impact of reverse logistics.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Zipline Logistics

SEPTEMBER 21, 2021

Year-over-year growth for the retailer hit nearly 10% after the breakout of the pandemic. Companies working with Sam’s Club must meet strict retail compliance standards similar to those in place at the retailer’s parent company, Walmart. Last year the retail giant instituted a 98% OTIF threshold for suppliers.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Inventory Reduction Sourcing Strategies 52

Unleashed

MAY 12, 2024

In this week’s edition of The Backorder: Why nearly 50,000 US retail stores may close in the next 5 years An interview with Two Dudes Co-Founder Michael McRae 5 stress-relieving tips for managing stakeholder expectations Job opportunities from Michael Kors, Morrisons, and more Not subscribed yet?

New Zealand 52

New Zealand Forecasting Price Reduction Austria 52

SupplyPike

MAY 14, 2020

With rising consumer demand, retailers are under pressure to stock the merchandise in demand or lose consumers to another who can fulfill the same demand. In the case of online shopping, consumers expect excellent service, on-time supply, and convenient return procedures for unacceptable items. Why Supply Chain Management is Important.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

Zipline Logistics

OCTOBER 6, 2020

The current state of retail . How brands can incorporate logistics best practices to master the challenges of retail delivery . The State of Retail for CPG Brands . As attention to out-of-stocks has increased in importance, retailers have tightened expectations for their vendors. . Understanding retail compliance .

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Vendor Strategies Retail 52

6 River Systems

AUGUST 19, 2020

Today, anyone can start a retail business with a couple of clicks on a laptop from a café. Manufacturing companies have the option of selling directly to consumers without the help of any retail middle men. Here are five supply chain management tips for the retail industry to bring in sustainable profits.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Analytics Software Sustainability 59

BlueYonder

SEPTEMBER 12, 2022

Breaking a promise to consumers has never been more dangerous, as expectations across numerous metrics become more severe and decisive. Amid this challenge, it is critical that retailers are able to generate a real-time view of what is “available to promise” (ATP) and not just what is “available to sell” (ATS).

Procurement Analytics 52

Procurement Analytics Real-time Visibility Modeling Just-in-Time 52