ToolsGroup

FEBRUARY 7, 2022

The wonderful world of retail. 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. Data source: eMarketer. Ah, the joy of shopping.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

ToolsGroup

MAY 2, 2023

April 26-27, the Retail Technology Show brought together Europe’s most forward-thinking retailers and leading innovators, welcoming 47 of the Top 50 UK retailers and brands to discuss the latest ideas, technological advancements, and retail solutions.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Network Software Inventory Reduction Demand Planning Software 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

ToolsGroup

FEBRUARY 9, 2022

Once upon a time, you brought me so much joy. Is it time to reconsider the subscription I once would have given life and limb for? With retailers (and streamers) alike finding new ways to compete, that $20 increase could have a bigger impact than Amazon executives would like to believe – and open the door for competitors.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

The Logistics of Logistics

MARCH 13, 2021

Sourcing Strategy: Effective vs Efficient with Ron Crabtree. Joe Lynch and Ron Crabtree discuss sourcing strategy: effective vs efficient. When developing a sourcing strategy, the focus can be effectiveness (gaining desired results) or on efficiency (reducing cost, labor, and resources used). About Ron Crabtree.

Sourcing Strategies 130

Sourcing Strategies Resource Reduction Price Reduction Waste Reduction 130

BlueYonder

MARCH 18, 2024

Here are two facts you can’t ignore if you’re in retail: Fact #1: The top 10% of retailers now control 70% of the market — and their share keeps growing. As the Harvard Business Review puts it, “Even as Walmart, Amazon, and a few other leading retailers operate at the leading edge of the analytics frontier, . . .

Supply Chain Network Software 85

Supply Chain Network Software Optimization Software Analytics Software Modeling Software 85

Enterra Insights

JANUARY 6, 2022

In the years leading up to the Covid-19 pandemic, the most discussed topic in the retail sector was the Retail Apocalypse. A combination of the rise of e-commerce, overbuilding of stores, and too much debt-load resulted in thousands of physical retail locations going out of business. ”[2] Back then, he saw a mixed picture.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

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 a result, some retailers faced a glut of inventory. Nevertheless, many retailers jumpstarted the process this year.

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

Enterra Insights

APRIL 2, 2024

Scanning those items is sometimes a crapshoot — wave a barcode too vigorously in front of an uncooperative machine, and suddenly you’ve scanned it two or three times. 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

ToolsGroup

APRIL 20, 2022

The dreaded labor shortage. Whatever industry you’re in, you’re probably facing a swell of attrition, as 41% of the global workforce considers quitting. That thought keeping you up at night? Wondering what you can do about it? I’ve got you covered. 1: Overcome the Labor Shortage by Defining Your Company. Publicize your corporate culture and values.

Sourcing Strategies 194

Sourcing Strategies Optimal Sourcing Supply Chain Planning Software Supply Chain Software 194

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.” The group said retailers on average saw a 26.5% billion from 2020.

Retail 109

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 109

BlueYonder

OCTOBER 24, 2023

Retailers have gotten the message: Optimize or die. The survey, conducted by Blue Yonder , found that the vast majority of retail executives: Considered themselves very knowledgeable about AI (85%). These results underscore a crucial point: Retailers that don’t embrace AI will almost certainly fall behind.

Analytics Software 94

Analytics Software Predictive Analytics Software Forecasting Software Supply Chain Software 94

Enterra Insights

APRIL 27, 2021

At the time, Bain & Company analysts observed, “Leaders must grapple with a longer-term question: How should we retool our supply chain to protect against shocks while staying competitive on cost and value? There has been plenty of bad supply chain news over the past year. But as the Suez Canal crisis shows, looks are deceiving.”[3]

Sourcing Strategies 130

Sourcing Strategies Manufacturing Procurement Sourcing Agile and Lean Supply Chain 130

BlueYonder

NOVEMBER 21, 2023

Retailers intent on finishing up the season with healthy figures and taming costs would do well to find smart ways of lightening the load for the people who make a bumper Q4 in retail possible. But it’s not just longer hours and changing shift patterns.

Purchasing Skills 84

Purchasing Skills Real-time Visibility Retail Inventory Reduction 84

ToolsGroup

JUNE 10, 2022

There are lots of reasons for retailers to love loyalty programs. The best loyalty programs add significant value for customers and retailers alike, as revealed in this video. Lush: A Retailer with Customer Service that Builds a Relationship with Buyers. Their time is highly valued.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

ToolsGroup

MAY 17, 2022

We’re inching toward the time of year when sweltering heat can only be quenched by one experience–a dunk in a cool, crisp, clean swimming pool. Image source: Cape Analytics. Image Source: Nola. Image Source: USA Today. Image source: CNBC. Temperatures are rising and people are getting sweaty. between 2021 and 2026.The

Purchasing Skills 367

Purchasing Skills Louisiana Manufacturing Procurement Las Vegas 367

BlueYonder

FEBRUARY 19, 2024

As grocery retail value chains have innovated past new challenges, increased value chain integration asks a relevant and timely question: is it time for retail value chains to behave and operate as one single ecosystem ? Aligning the grocery retail ecosystem around real-time inventory marks the initial stride.

Sourcing Strategies 52

Sourcing Strategies Optimal Sourcing Waste Reduction Inventory Reduction 52

ToolsGroup

JULY 19, 2023

With the advent of true “single source of truth” inventory visibility , a digital twin is a more feasible goal than ever before. Let’s take a look at the challenges associated with digital twins and how real-time data systems are changing the game for companies looking to leverage them. Get the insights you need.

Real-time Visibility 295

Real-time Visibility Supply Chain Planning Software Modeling Scenario Planning 295

ToolsGroup

DECEMBER 14, 2021

For the largest shopping week of the year, this year’s Black Friday provides insights retailers can’t ignore. Cyber Monday revenue – a reliable ecommerce performer year-over-year – showed mixed results pending the source, with an overall promising outlook. And what does it mean for retailers going forward? So what caused this?

Retail 156

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

Enterra Insights

FEBRUARY 8, 2021

Everyone knows the retail sector has experienced some tough going over the past couple of years. According to Susan Reda ( @Susan_Reda ), Vice President for Education Strategy at the National Retail Federation, “The U.S. can expect the long tail impact of the COVID-19 pandemic to be felt in the retail industry for months to come.”[1]

Trends 100

Trends Retail Predictive Analytics Software Manufacturing Procurement 100

ToolsGroup

FEBRUARY 18, 2022

Some beef cuts cost 25% more than they did this time last year, and poultry prices are on the rise as well. Image source: Google Trends, as of Feb. Companies that rely on just one supplier to stock their shelves will likely feel the shortages the hardest. We all have that one item that keeps disappearing from our local market.

Purchasing Skills 386

Purchasing Skills Price Reduction Supply Chain Planning Software Inventory Reduction 386

Logistics Viewpoints

MARCH 15, 2024

Patrick’s Day is this Sunday, and consumers are doing more than just wearing green – they are spending lots of green as well. According to its annual survey, the National Retail Federation (NRF) indicates that consumers plan to spend a record $7.2 But just how do they plan on celebrating? billion — or an average of $44.40

Expense Reduction 230

Expense Reduction Cost Reduction Strategies Price Reduction Negotiating Skills 230

Enterra Insights

MARCH 25, 2021

The light shining in many a retailer’s eye is a reflection of hope that the pandemic is beginning to wind down. Despite growing optimism about the end of the pandemic, retail correspondent Lauren Thomas ( @laurenthomas ) reports, “Coresight Research predicts as many as 10,000 stores could close in the U.S.

Retail 130

Retail Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 130

ShipBob

SEPTEMBER 23, 2022

The success of a retail business relies on having the right products available at the right time and place. To do so, having a solid retail planning strategy is key. What is retail planning? Why is strategic retail planning important? What steps are involved in retail planning?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Planning Optimal Sourcing Retail 98

Logistics Viewpoints

NOVEMBER 17, 2023

Mullin challenged International Brotherhood of Teamsters General President Sean O’Brien to a fight on the spot after the senator read aloud O’Brien’s tweets calling him out as a “clown” and a “fraud,” and offering to settle things “any time, any place.” Mullin suggested that this was both “a time and a place” and threw down the challenge.

Logistics Network Optimization Software 221

Logistics Network Optimization Software Sourcing Strategies Logistics San Antonio 221

BlueYonder

APRIL 23, 2024

Fulfillment represents the most cost-intensive stage of the retail supply chain, so it would be strategic for supply chain professionals to consider the margin-widening powers of an end-to-end approach that optimizes the supply chain in a holistic rather than siloed way. Just like remote work, faster fulfillment times are here to stay.

Sourcing Strategies 84

Sourcing Strategies Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain 84

DELMIA Quintiq

SEPTEMBER 28, 2023

That makes autumn the perfect time for many to partake in their local festivals. Traditionally, festivals were held during this time of year to express appreciation for the harvest as well as wish for a good crop in the coming year.

Optimal Sourcing 333

Optimal Sourcing Supply Chain Planning Software Modeling Supply Chain Optimization 333

BlueYonder

NOVEMBER 14, 2023

Shifting and varied consumer preferences, collapsing brand loyalty, even freak weather: as shoppers limber up for the 2023 holiday season, retailers should expect the unexpected. What questions should retailers be asking? In yesteryear’s retail landscape, the answer to question one was a steady “yes.”

Sourcing Strategies 72

Sourcing Strategies Retail Inventory Reduction Scenario Planning 72

GlobalTranz

OCTOBER 5, 2018

An omnichannel retail strategy is the new norm in today’s supply chains. Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive. In fact, 78% of U.S. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. GET YOUR COPY HERE.

Modeling Software 196

Modeling Software Sourcing Strategies Cost Reduction Strategies Supply Chain Planning Software 196

Kinaxis

APRIL 26, 2017

When it comes to supply chain excellence, particularly in the retail sector, there is one behemoth dominating the landscape: Amazon. The online retailer’s most recent patent focuses on drone technology, and would involve drones delivering packages with parachutes. by Alexa Cheater How to overcome the Amazon effect.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Scenario Planning 203

Logistics Viewpoints

APRIL 19, 2024

But in a shocking twist, just two hours later, Swift surprise-released a 15-track expansion of the album, dubbed The Tortured Poets Department: The Anthology. Together, they shave down the time it takes to get products from trailers into the facility by 90 per cent — and their overlord, Walmart Canada, hopes this is just the start.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Logistics Baltimore Canada 201

The Logistics of Logistics

JUNE 23, 2022

10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Finding last-mile retail delivery solutions continues to be a priority for managers. WRITTEN BY CELINE CLAYTON / POSTED ON MAY 19, 2022.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Retail Supply Chain Planning Software Optimal Sourcing 100

ShipBob

JANUARY 15, 2024

Inventory glut happens when a business is holding more inventory than it can sell in a reasonable time frame. In fact, according to a report , two-thirds of retailers had excess inventory during the 2023 holiday season last year. What is inventory glut? Inventory glut affects businesses both large and small. What causes inventory glut?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Logistics Viewpoints

JUNE 30, 2022

We’ve only just entered the second half of the year and people haven’t even taken their summer vacations yet, so why are we talking about holiday supply chains now? Last year, retailers started encouraging holiday shoppers to shop early. You might be thinking, “Well, but what about growing retail inventories? Not really.

Supply Chain Planning Software 216

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 216

Logistics Viewpoints

MARCH 9, 2023

Commerce is global and regional at the same time, the world is getting smaller and more interconnected, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

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 have seen real lumpiness in the global supply chain that has led to some shortages and more so just unevenness.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Logistics Viewpoints

MARCH 17, 2022

I was hoping the retail chains carrying this brand had some in their stores, but after checking 10+ retailers, to my surprise, it was nowhere to be found, and the only website that had it was charging $200 more than the MSRP! We can say things have changed, and the pandemic is not just an anomaly event after all.

Supply Chain Planning Software 276

Supply Chain Planning Software Forecasting Software Analytics Software Supply Chain Network Software 276