ToolsGroup

DECEMBER 16, 2021

And one thing’s for sure: Retail is not for the faint-hearted. Retailers face more competition than ever before due to the evolution of technology that has morphed the traditional shopping experience from being purely physical into the digital and omnichannel realm. Why does open-to-buy matter to retailers?

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156

Logistics Viewpoints

DECEMBER 14, 2021

According to OECD, during the pandemic, brick-and-mortar retail services such as food services saw 7.7% drop in sales while non-store retailers (mostly E-Commerce providers) achieved 14.8% It is now possible for Q-commerce companies or retailers to use this model. He specializes in the digitization of Retail & CPG companies.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Enterra Insights

MAY 24, 2021

And the retail sector has certainly been changing, transforming, and evolving over the past few years. Executives in the retail sector have been forced to reimagine what retail will look like in the future, which has required them to change face and to understand the changing face of the business landscape. Putting on make-up?

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

Logility

JUNE 2, 2020

The fundamental challenge in retail is one of balance. The sheer complexity of modern omni-channel retailing makes this difficult. Given how critical this balance is, I am amazed when I hear many retailers rely on a combination of spreadsheets and assumptions to drive the plan. Frequent Shopper. Market specialists.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Retail Scenario Planning 130

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. For retailers, DSI is a straightforward way to keep track of how quickly stock moves through the business.

Procurement Analytics 98

Procurement Analytics Inventory Reduction Metrics Inventory 98

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

Supply Chain Shaman

OCTOBER 11, 2023

We speak about the need to move from a functional understanding to a global, holistic capabilities, but the traditional supply chain leader defines bonus incentives and process performance goals based on functional metrics. Measurement. Organizations speak of the bullwhip, but don’t measure it or monitor the effects. Innovation.

Supply Chain Planning Software 394

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 394

Supply Chain Shaman

JULY 19, 2020

The supply chain is complex non-linear system that is easily thrown out of balance through a focus on functional metrics. They rock back and forth in improving singular metrics but struggle to improve a portfolio of growth, margin, inventory performance, and asset utilization. Stop the Focus on Functional Metrics.

Supply Chain Design Software 417

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 417

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

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 ). Metrics that Matter became a three year research project. I realized that many organizations are very confused about metrics. So I started this book as a summary of this research.

Metrics 120

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

Supply Chain Shaman

FEBRUARY 1, 2024

Peeling Back the Lid on Supply Chain World Salad In this world, where board discussions focus on eliminating waste and meeting corporate social responsibility goals, supply chain teams respond with projects like end-to-end planning, control towers, and real-time decisions. A major retailer has 33 instances of Manhattan.

Supply Chain Planning Software 347

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 347

Enterra Insights

JANUARY 14, 2019

I’m certain a lot retail executives wish they had the power to stare into a crystal ball and see the future. Such a gift would have spared many of their companies from the consequences of the retail apocalypse. ”[1] If Pitassi is correct, the big question is: What does it mean to be “fit” in the retail sector?

Trends 100

Trends Retail Predictive Analytics Software Supply Chain Software 100

Enterra Insights

DECEMBER 20, 2018

Retail transactions are some of the oldest human activities. The next arena of exploration for the retail sector is artificial intelligence (AI). Will AI transform retail? For the most part, retail executives have gone beyond the hype and are now looking for real benefits from AI projects. ”[2]. .”[1]

Analytics Software 113

Analytics Software Predictive Analytics Software Supply Chain Design Software Supply Chain Software 113

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

The Logistics of Logistics

FEBRUARY 11, 2022

OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. In recent years, many large retailers began using OTIF to measure their supplier’s performance. About Andrew Lynch.

Cost Reduction Strategies 207

Cost Reduction Strategies North America Logistics Network Optimization Software Manufacturing Procurement 207

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120

GlobalTranz

JULY 20, 2015

With the purpose of optimizing supply chain efficiency and asset recovery rates, applying a reverse logistics system has increasingly become a tool that positively impacts profitability as well as assisting an organization in meeting sustainability goals. Importance of Metrics in Reverse Logistics Management.

Reverse Logistics 120

Reverse Logistics Supply Chain Planning Software Supply Chain Network Software Optimization Software 120

crisp

JANUARY 27, 2022

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. Tracking store inventory is particularly important for Walmart suppliers working to ensure that each location has enough product to meet customer demand.

Supply Chain Software 52

Supply Chain Software Data Forecasting Software Retail 52

Vinculum

SEPTEMBER 14, 2022

Retail organizations across the globe are implementing supply chain management systems to control the movement of inventories and maintain product quality. Why is Retail Supply Chain Management Important for Organizations? Retail supply chain management is essential for businesses to help them achieve their business objectives.

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Retail 52

Supply Chain Shaman

AUGUST 12, 2020

Heavily booked and running from meeting to meeting, I was late. The topic of the meeting was the logistics to launch of the AMR Research Top 25. The methodology did not include a peer group analysis, and I strongly felt that chemical, retail, and telecommunications companies should not be compared in the same analysis.

Gartner 239

Gartner Supply Chain Software Procurement Analytics Manufacturing Procurement 239

Zipline Logistics

OCTOBER 19, 2021

With more brands looking for an edge, organizations can find a dependable competitive advantage in their retail logistics function. Retailers have shown that they intend to work with CPG brands that can get their products to a big-box distribution center promptly. Out-of-Stocks Shape Retail Logistics Conversation .

Retail 52

Retail Optimal Sourcing Vendor Strategies Cost Reduction Strategies 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

PINC

AUGUST 3, 2020

and Trading Partner Alliance outline some of the key considerations that should go into developing and using the on-time and in-full delivery metric. To fill these gaps, a growing number of companies operating in the consumer sector have adopted the “on-time in-full” (OTIF) delivery metric. McKinsey & Co., What is OTIF?

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

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 94

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 94

Supply Chain Shaman

DECEMBER 28, 2020

Ending 2019 with a deduction bill for poor customer service to retailers in the United States of 10 million, the global team asked me to help the team improve customer service. Meeting the market needs of COVID-19 caused organizations to rally, work together, and build a better supply chain through brute force. The So What?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

Logistics Viewpoints

JUNE 1, 2021

Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand. He specializes in the digitization of Retail & CPG companies.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

Unleashed

APRIL 9, 2024

To measure how effective a company is at delivering complete orders on time, you can use the aptly named On Time in Full (OTIF) metric. OTIF meaning On Time in Full (OTIF) is a supply chain management metric that tracks a supplier’s ability to meet delivery promises. Why is OTIF an important supply chain management metric?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Waste Reduction Cost Reduction Strategies 52

CH Robinson Transportfolio

APRIL 20, 2020

What Is Retail Consolidation & Is It Right for You? | Handling ever-changing consumer and retailer demands can be overwhelming—especially if you’re working with multiple retailers across the country or the world. What is a retail consolidation program? Retailer compliance programs are unique to each company.

Inventory Reduction 44

Inventory Reduction Waste Reduction Expense Reduction Cost Reduction Strategies 44

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.

Metrics 98

Metrics Retail Logistics Network Optimization Software Predictive Analytics Software 98

Supply Chain Shaman

MARCH 28, 2016

The supply chain is a complex system with finite, and non-linear relationships between supply chain metrics that drive balance sheet results. We find that companies can improve one, but not two of the metrics. Teams struggle to drive improvement in both metrics at the same time. A Look at History.

Pharmaceutical 195

Pharmaceutical Metrics Manufacturing Procurement Supply Chain Planning Software 195

The Logistics of Logistics

JUNE 7, 2021

OTIF is a key supply chain metric. Andrew Lynch is President and co-founder of Zipline Logistics , an award-winning North American 3PL that specializes exclusively in the transportation of retail consumer goods. In recent years, many large retailers began using OTIF to measure their supplier’s performance. About Andrew Lynch.

Cost Reduction Strategies 147

Cost Reduction Strategies North America Manufacturing Procurement Logistics Network Optimization Software 147

Elementum

AUGUST 3, 2022

Supply Chain Management Process Supply chain management is a set of steps to convert raw materials into the final product to meet customers’ demands. The process aims to maximize companies’ profits and meet the demand for products or services.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Planning 78

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

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers. Efficiently managing these processes is vital for companies to meet customer demands, minimize costs, and maintain a competitive edge.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

GlobalTranz

FEBRUARY 2, 2018

Omnichannel has been a buzzword in supply-chain circles for several years, but retailers that have invested in implementing omnichannel strategies have shown less than superior results, says Steve Dennis via Forbes. Some retailers invested in online sales and in turn, neglected their storefronts. Align Inventory Placement With Demand.

Omnichannel 169

Omnichannel Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 169

Ware2Go

APRIL 11, 2023

Those returns often can’t be re-sold, or retailers will lose money on a resale. 5 Brands Leading the Charge in Sustainable eCommerce Many brands are setting an example for how to meet consumer expectations and build environmentally friendly programs into their supply chain and beyond. And we haven’t even begun to talk about waste.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

GlobalTranz

NOVEMBER 8, 2018

E-commerce spending will surpass $4 trillion annually by 2020, reports eFulfilmentService, accounting for approximately 15 percent of total global retail spending. To meet demand, shippers must rapidly ramp up production and move more product, but the industry is struggling. Label accuracy.

Analysis 151

Analysis Data Forecasting Software Forecasting 151