Talking Logistics

OCTOBER 31, 2018

Shoppers stock up on everything from costumes to cranberry sauce to candy canes, and suppliers need to be prepared to meet the peaks and valleys of consumer demand. Unofficial holidays like Black Friday and Cyber Monday add to the huge spike in demand as retailers offer deep discounts to shoppers.

Supply Chain Planning Software 106

Supply Chain Planning Software Negotiating Skills Supply Chain Planning Supply Chain Software 106

Repl Group

OCTOBER 2, 2018

With Black Friday and Cyber Monday firm favorites among consumers, Holiday shopping now starts in November. on the previous year – economic uncertainty saw retail sales increase by just 1.9% Take online-only retailer Boohoo who doubled sales to $296.7m Understand the Retail Landscape.

Supply Chain Planning Software 45

Supply Chain Planning Software Predictive Analytics Software Forecasting Software Supply Chain Software 45

Repl Group

AUGUST 2, 2019

Shoppers continue to deliver strong holiday season sales since 2000, according to Statista. . In 2018, holiday retail sales in the United States exceeded expectations — increasing 5.1% consumers shopping on Black Friday. One of the most easily overlooked areas in retail is keeping a full stock room.

Supply Chain Planning Software 40

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 40

Unleashed

MARCH 8, 2023

Inventory management software creates a streamlined system for the business to track stock levels and fulfilment progress. The growth trajectory of the business and its potential for high sales on a certain day – Black Friday or Cyber Monday, for example – should guide your decision around product capability.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Forecasting Software Demand Planning Software 52

Material Handling & Logistics

DECEMBER 12, 2017

After years of struggling to manage their inventory, brands are using increasingly sophisticated tools to track apparel and accessories through the supply chain, aiming to avoid the typical post-Christmas fire sales. Michael Kors and other upscale brands are still using discounts to drive sales. It’s literally managing a war.”.

Inventory Reduction 44

Inventory Reduction Inventory Supply Chain Planning Software Predictive Analytics Software 44

ToolsGroup

DECEMBER 11, 2023

Deloitte forecasts a 25–35% increase in e-commerce holiday sales this year compared to 2019. In a typical year, the average fashion company sells about 60% of its stock at full price, 30% at a discount, and the remaining 10% through wholesaling. The whole rationale of markdowns is driven by a desire to increase its demand — and sales.

Price Reduction 156

Price Reduction Pricing Training Modeling Inventory Reduction 156

ShipBob

SEPTEMBER 7, 2020

Not enough capital. Across these diverse companies, one thing remains the same: As you plan for what success looks like for your brand, you’ll need to think through how you will handle a changing sales volume across the entire supply chain, from inventory management to fulfillment and delivery speed. Greater demand. Too much inventory.

Inventory Reduction 97

Inventory Reduction 3PL Material Savings Demand Planning Software 97

Zipline Logistics

JANUARY 4, 2022

Freight rates continued to climb as demand far outstripped supply, and providers could not add capacity quickly enough to combat the increased need for trucking services. billion on Black Friday. Continued Congestion Causes Out-of-Stocks. percent in November.” What’s Ahead for the Trucking Market in 2022?

Freight 52

Freight Purchasing Skills Procurement Analytics Agile and Lean Supply Chain 52

Ware2Go

JANUARY 10, 2022

Many merchants were concerned about having enough inventory to meet demand, and consumers wondered if they would be able to secure holiday gifts for loved ones. After analyzing our merchants’ holiday sales data, we saw that often, those who ordered more inventory earlier had more successful BFCM (Black Friday/Cyber Monday) sales.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 52

Supply Chain Game Changer

FEBRUARY 29, 2020

Because if we don’t have the goods in the Distribution Centre we can’t ship them to stores and we can’t make them available for Online sales. We had to get the goods received and in stock. Only then would all of the systems for allocation, replenishment and sales kick in. Space Planning Next Steps.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Planning Warehousing Scenario Planning 52

TradeGecko

SEPTEMBER 24, 2019

Guest post by Arka Black Friday is one of the most important retail and spending events in the United States. Black Friday is the day on which many retailers traditionally make enough sales to put them in the black for the year, so it’s crucial you get everything right.

Inventory 60

Inventory United States Inventory Management Retail 60

Zipline Logistics

OCTOBER 5, 2021

And while this may not be impossible, the industry has long failed to attract enough new labor to its talent pool. Consumers will likely channel their spending through eCommerce and brick-and-mortar options, and there will simply not be enough capacity to handle the influx of volume ready to hit the market.

Freight 52

Freight Long Beach Capacity Supply and Demand 52

ToolsGroup

OCTOBER 25, 2022

It never occurred to me then that someone had to decide how many pumpkins to stock in my little town, or how many tubs of orange icing would be needed for school cupcakes, or how much assorted candy would be required for neighborhood Trick-or-Treating. You may see a bump in sales or increased demand for more luxury items.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Supply Chain Game Changer

NOVEMBER 7, 2018

Because if we don’t have the goods in the Distribution Centre we can’t ship them to stores and we can’t make them available for Online sales. We had to get the goods received and in stock. Only then would all of the systems for allocation, replenishment and sales kick in. Next Steps.

Supply Chain Planning Software 55

Supply Chain Planning Software Supply Chain Planning Scenario Planning Warehousing 55

BlueYonder

DECEMBER 4, 2014

I guess I’m a supply chain junkie…can’t get enough of it. We all know how many issues it causes when the advertised promotion states all Pepsi 12 packs on sale at four for $12. Confession #3: The pride you feel when your child uses the terms “in-stock” and “out of stock”. My eleven year old son gets supply chain!!

Sourcing Strategies 73

Sourcing Strategies Supply Chain Strategy Supply Chain Optimization Supply Chain Planning Software 73

ToolsGroup

JANUARY 6, 2022

Bad enough to become the subject of memes. For example, thanks to demand sensing and shaping , retailers were able to spread 2021 holiday spending beyond Black Friday to the entire month of November, seeing strong sales numbers despite a decrease in big discounts and in-store traffic.

Supply Chain Planning Software 290

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 290

ShipBob

NOVEMBER 28, 2022

During summer, sales for items like air conditioners, ice creams, surfboards, and swimwear will spike as people look for ways to beat the heat. Meanwhile, fall is when people start to prep for the upcoming holiday season, starting with Halloween, where the sale of costumes, Halloween décor, pumpkins, and candies will rise significantly.

Demand Planning Software 52

Demand Planning Software Examples Supply and Demand Forecasting 52

ThroughPut

MARCH 3, 2020

My first professional email of 2020 was sent to Salesforce CEO, Marc Benioff, where I highlighted that managing throughput would be the problem of this decade that humanity would have to solve, and pushing more sales was going to become secondary. Last week, I couldn’t find some backup facial masks in all of southern Florida.

Florida 52

Florida Supply Chain Planning Software Japan Supply Chain Planning 52

Logistics Viewpoints

DECEMBER 9, 2022

But, while chip demand is receding, it is not enough to spell the end of the shortage as supply challenges will likely remain in place into 2023. The tactic appears to have paid off for the Black Friday shopping holiday. found no problems with shortages of goods during Black Friday this year. The largest U.S.

Logistics Network Optimization Software 206

Logistics Network Optimization Software GEP Supply Chain Planning Software Supply Chain Design Software 206

EMERGE App

FEBRUARY 23, 2020

In the context of inventory management, the Goldilocks zone means holding just the right amount of stock in your business so that you’re not so overstocked to cause holding costs and risks to rise; and not holding too little stock so as to miss out on potential sales due to stock-outs and waiting for new stocks to arrive.

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory 98

Enterra Insights

DECEMBER 2, 2019

Lisa Rowan reports, “The National Retail Federation expects holiday retail sales to total between $727.9 over 2018’s retail sales during November and December.”[1] The Chamber of Commerce notes, “For the first time, online holiday sales will beat in-store sales.” billion and $730.7

West Virginia 100

West Virginia Maryland Purchasing Skills Virginia 100

ToolsGroup

JUNE 10, 2022

However, simply having a loyalty program is not enough. While many furniture stores deploy sales assistance to give customers the full buying experience, IKEA uses its displays to show customers exactly what pieces of furniture would look like in their homes. They increase customer spend, lifetime value, and profitability.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

Enterra Insights

NOVEMBER 9, 2018

On the contrary, most shoppers are accustomed to shopping in earnest after Thanksgiving, when the deals and promotions are both ubiquitous and compelling enough to substantially change their behavior in a way that spurs buying.”[1] Black Friday shoppers : those who buy the majority of their gifts on that one shopping holiday.

Procurement Analytics 100

Procurement Analytics Analytics Software Purchasing Skills Analysis 100

ShipBob

OCTOBER 24, 2022

You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? Demand forecasting helps the business make better-informed supply decisions that estimate the total sales and revenue for a future period of time.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Supply Chain Game Changer

NOVEMBER 13, 2018

Check out Black Friday is Almost Here! Black Friday is almost here! It marks the tipping point demarcating the less busy, preparation focussed pre-Black Friday period from the frantically busy, execution focussed post-Black Friday period. Do You Have Enough Resources? Subscribe Here!

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Planning Supply Chain Scenario Planning 62

Elementum

OCTOBER 22, 2015

Online shopping rates grew by 26 percent last Black Friday, and they’re expected to continue their explosive growth. One of the biggest problems that big retailers run into is slow sharing of information, which leads to stock shortages and unhappy customers.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Real-time Visibility Logistics Warehousing 60

Ware2Go

OCTOBER 9, 2021

Amazon has started Black Friday deals early and more than 40% of merchants recently told logistics company Ware2Go that they’re already at “peak” holiday shopping levels. The takeaway: It’s impossible to know whether a specific laptop, sound system or pair of jeans will be in stock ahead of the holidays.

Shipping 52

Shipping Supply Chain Planning Software Demand Planning Software Vietnam 52

DELMIA Quintiq

DECEMBER 14, 2015

The massive online selling frenzy in China (Singles’ Day) and in US (Black Friday) are now behind us. This year, like many before, we will witness the number of merchandise returns proportional in growth to the volume of sales. In sales, “incentive” translates into “price discount”. Discounted price equals no return.

Reverse Logistics 120

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

CH Robinson Transportfolio

FEBRUARY 4, 2021

Here are some facts: Shipping congestions and delays are expected during major shopping promotions such as Black Friday, Thanksgiving, Cyber Monday, Alibaba’s 11.11 or Black Friday. Research shows that global retail e-commerce sales are projected to reach 3.9 dollars in online retail sales. trillion U.S.

Asia 81

Asia Logistics Network Optimization Software Logistics Demand Planning Software 81

ShipBob

APRIL 17, 2020

As we know from Black Friday/Cyber Monday sales, everyone likes to save money. But two weeks ago sales went off a cliff. They tried offering a percentage off of an order that was equal to how much the stock market tanked that day. They launched it last Friday, and had their best weekend of sales since Black Friday.

Material Savings 110

Material Savings Manufacturing Procurement How To Inventory Reduction 110

EMERGE App

SEPTEMBER 30, 2019

As business owners of trading, distribution or e-commerce companies (if you’re holding stock), what’s the worst way you can screw up your business? We are lucky enough to live in the generation of the best products. The last time I checked, sales are still going strong at $400 a pop on Amazon. Microsoft Zune. HP Touchpad.

Optimal Sourcing 40

Optimal Sourcing Inventory Management Software Optimization Software Modeling Software 40

EMERGE App

OCTOBER 9, 2019

Despite the name, Black Friday strikes a different sort of fear in online and traditional retailers. Here we’ll start by describing what exactly is meant by “Black Friday” and its effect around the world. Then we’ll cover how much is enough stock for single-day sales.

Purchasing Skills 40

Purchasing Skills Inventory Reduction Modeling Forecasting 40

RELEX Solutions

JANUARY 15, 2017

In some areas of retail, promotions can account for a very significant proportion of sales and being able to analyze data from previous events is essential for effective promotion planning. Planogramming helps significantly in assortment planning, allocation and in organizing the process of delivering and displaying stock.

Supply Chain Planning Software 31

Supply Chain Planning Software Scenario Planning Negotiating Skills Supply Chain Planning 31

6 River Systems

DECEMBER 11, 2018

” — Keith Biondo, Publisher of Inbound Logistics, Three Logistics Lessons Black Friday Can Teach Manufacturers and the Supply Chain , Thomas; Twitter: @Thomasnet. As we just mentioned, updating your inventory count in real time ensures that your customers can’t order products unless they’re in stock.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Intelligent Audit

DECEMBER 15, 2021

Investors were interested in buying pieces of the company, including a completed sale of the West Coast terminals, but a full buyer for the company was unavailable. In other words, CFL wasn’t charging customers enough to cover its payments to trucking companies and third-party service providers, including other 3PLs partnerships.

Cost Reduction Strategies 52

Cost Reduction Strategies Resource Reduction Price Reduction Sourcing Strategies 52

Supply Chain Game Changer

NOVEMBER 9, 2018

It happens everywhere, all the time in retail and in ecommerce: a supplier doubles their output to prevent a shortage in case multiple distributors place their orders simultaneously; a fulfillment warehouse doesn’t call in enough workers during Black Friday and delays package shipments by days. trillion (worth $4.1

Supply Chain Design Software 42

Supply Chain Design Software Supply Chain Network Software Supply Chain Software Demand Planning Software 42