Enterra Insights

JULY 30, 2021

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. ”[2] Were that survey conducted today, I suspect an even larger number of consumers would report losing confidence in the supply chain.

Purchasing Skills 100

Purchasing Skills Procurement Solutions Procurement Analytics Supply Chain Software 100

Enterra Insights

MAY 31, 2019

To meet changing consumer behavior, retailers are finding omnichannel strategies essential. He insists consumers are also increasingly relying on recommendations from trusted sources such as friends and other influencers. ” Omnichannel strategies can help meet consumer demands. Invest in technology and analytics.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance.

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance. .”[1]

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

ShipBob

JULY 30, 2021

Imagine this scenario: A customer browses sunglasses on your online store but leaves without making a purchase. L ater, while they’re browsing through their Instagram feed, they notice an ad displaying a previously viewed product and a 20% discount off their first purchase. They click on the ad, which leads to a purchase.

Omnichannel 52

Omnichannel Inventory Management Software Forecasting Software Optimization Software 52

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Management and Analytics

JUNE 11, 2021

Online shopping has become the easiest way to purchase goods, both for individual customers and businesses. With E-Commerce being this dominant, companies had to focus on omnichannel fulfillment issues and Distributed Order Management. DOM systems allow retailers to visualize their fulfillment problems with analytics.

Omnichannel 52

Omnichannel Optimal Sourcing Distribution Analytics Software 52

Unleashed

JUNE 23, 2021

More widespread third-party logistics. Inventory analytics goes mainstream. Connected omnichannel services. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Warehouse and logistics staff can use portable technology to improve efficiency at work, such as scanning and picking.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

ToolsGroup

OCTOBER 3, 2022

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 Source: Bloomberg.com.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Unleashed

DECEMBER 6, 2021

We’ve identified 6 important categories that wholesaling features fall under: Inventory management Supply chain Customer orders Warehouse management Data and analytics Key software integrations And within these categories, we give you 17 features to look for – and why they’re important. Inventory management 1. split shipments). ?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

ShipBob

SEPTEMBER 11, 2023

Having a single source of truth offers businesses an easy way to view how much inventory is coming in or going out, how many sales are being generated from each channel, and where any bottlenecks might be occurring. But how can today’s brands achieve operational efficiency? However, they each come with their own set of intricacies.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Sourcing Strategies 52

Enterra Insights

OCTOBER 3, 2022

They report, “Retailers and customers are not feeling joyful after a year of supply chain backlogs and higher costs.”[1] ” • Identify alternate sources of supply. “Ensure the right inventory optimization strategy is in place with an integrated business plan that can help to reduce operational costs.

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. Having clear visibility into inventory is critical for omnichannel fulfilment.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

Locus

DECEMBER 22, 2021

“All great enterprises are about logistics. Not genius or inspiration or flights of imagination, skill or cunning, but logistics.” — Tom McCarthy. This was majorly due to their inability to understand and adapt to the changing logistics trends. A decade back these developments in logistics might have seemed impossible.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. US-based consumers evaluate pricing on every purchase, including considering the shipping costs associated with e-commerce.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Your forecasting process goes through multiple checks and balances, giving you the opportunity to identify deviations and exceptions and create more accurate predictions.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

TMC

FEBRUARY 11, 2016

Total eCommerce sales in November and December 2015 are expected to be around $69 billion, a 13% increase on the previous year, reports the Wall Street Journal [1]. In response to changing consumer buying preferences, retailers have implemented multichannel or omnichannel supply chains. decrease in traffic in November and December [2].

Omnichannel 48

Omnichannel Supply Chain Software Logistics Network Optimization Software Modeling Software 48

Supply Chain Matters

MARCH 5, 2022

Intelligent procurement technology provider JAGGAER announced the finalization of a partnership with TealBook , a tech provider that leverages artificial intelligence and machine learning to gather, predict and refine supplier data and to provide companies with additional product sourcing options.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

Enterra Insights

MARCH 11, 2020

.” In response to the retail revolution, most retailers have adopted an omnichannel operations strategy. Isabelle Bouchoucha, a Senior Manager, and Déborah Samama, a consultant at Univers Retail, explain, “The consuming process has changed and is now mainly Omnichannel (physical and digital). They include: 1. ” 2.

Supply Chain Software 100

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Retail 100

Enterra Insights

FEBRUARY 8, 2021

Even more stress on omnichannel operations. The rise in e-commerce during the pandemic has been widely reported. Futurist Bernard Marr ( @BernardMarr ) predicts the line between offline and online retail will blur; or as he puts it, “Omnichannel — Offline is online, online is offline.”[2] ”[3].

Trends 100

Trends Retail Predictive Analytics Software Manufacturing Procurement 100

ModusLink Corporation

NOVEMBER 23, 2022

Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. import export logistic international export and import services export products worldwide. This level of growth and value highlights the challenges of e-commerce and the need for strong cross-border e-commerce logistics and operations.

Purchasing Skills 78

Purchasing Skills Shipping Logistics Network Optimization Software Supply Chain Planning Software 78

ToolsGroup

FEBRUARY 9, 2022

While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. Once upon a time, you brought me so much joy.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

ToolsGroup

NOVEMBER 4, 2022

Employees reported that the number of pallets on the floor had rendered storage spaces unnavigable. Source: Insider. It’s possible that in the meantime, consumers have gone elsewhere to make their purchases, and demand has diminished before you could capitalize on it. Internal Logistical Issues. 7 Causes of Excess Stock.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

ToolsGroup

OCTOBER 25, 2022

More on the omnichannel advantage of this in a moment. ) For all of this, you need a solution that provides your entire organization with a single source of truth, helping teams align on inventory positioning, financial decisions , and business planning. Spruce Up Your Omnichannel Strategy.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Enterra Insights

NOVEMBER 5, 2018

Hilary Milnes ( @hilarymilnes ) reports during the course of the NRF conference retail executives insisted “the only way to win [in the retail sector] is to tap into what customers want, and be able to respond to it.”[3] shoppers still prefer to make most of their purchases in-store.” Bad retail is dead.”[2].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Seeing this, we decided that it would be helpful to compile a curated list of 50 of the best tips on logistics planning and strategy that we could find.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Enterra Insights

OCTOBER 7, 2019

There’s been increased use of mobile phones and smartphones, interfaces for websites and mobile apps have improved, and there’s been a notable expansion of crowd-sourced business models to shopping and delivery.”[1] ”[1] He draws those conclusions from a Packaged Facts research report published last year.

Modeling Software 100

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Procurement Analytics 100

Unleashed

JANUARY 4, 2022

AI in eCommerce Artificial intelligence and machine learning are excellent tools for predicting shopping habits based on a customer’s browsing and shopping history. Augmented reality and eCommerce retail Walking into a brick-and-mortar store allows consumers to visualise what a big-ticket purchase might look like in their own homes.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

Enterra Insights

OCTOBER 14, 2020

Now, all that manufacturing, logistics, pricing, customer engagement and general commerce data is obsolete.” He drew that conclusion from recent surveys and an interview with Shalabh Shalabh, Chief Growth Officer at LatentView Analytics. As Kaul notes, “CPGs are building AI models to help them predict general demand curves.

Purchasing Skills 100

Purchasing Skills Manufacturing Procurement Predictive Analytics Software Modeling 100

Enterra Insights

JANUARY 29, 2019

George Bailey, Managing Director of the Digital Supply Chain Institute, reports, “[2018 was] a banner time for supply chains and many companies have made substantial progress toward implementing a truly Digital Supply Chain that lowers cost and increases revenue.”[2]. ” Not all companies are laggards. ”[2]. .

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Unleashed

APRIL 25, 2023

Wholesalers purchase B2B inventory, usually in bulk, from a distributor or manufacturer to resell to retail stores and consumers. Unlike B2C (business-to-consumer) inventory, B2B inventory is often purchased in high volumes in a bid to lower production, fulfilment and freight costs. What is B2B inventory management?

Inventory Management Software 52

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

6 River Systems

JUNE 29, 2020

“As the logistics industry faces extraordinary pressures, maintaining a culture of compliance is more critical than ever. “Additionally, a review of reporting procedures can act as a safeguard against corruption throughout operations. Maintain a culture of compliance, even in times of crisis.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

6 River Systems

JULY 25, 2019

Consumer demands are constantly changing, whether this is their demand for faster order fulfillment due to the e-commerce last mile race currently occurring or meeting customer demands for omnichannel communications and better service. These changing buyer habits then require complete cohesivity within your organization. Louis, M.S.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Source: [link]. How do you achieve warehouse cost reductions?

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Material Handling & Logistics

JANUARY 10, 2018

Having a specialized team specifically focused on innovation is a growing trend in the logistics industry. According to a recent study by Pew Research study, 80% of consumers make online purchases, compared to just 22% in 2000. Predictive analytics will alter the future of the supply chain. Investing in Innovation.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96