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Omnichannel Operations Benefit from Cognitive Computing

Enterra Insights

Even when a consumer concludes making an in-store purchase is their best option, they are likely to have used their smartphone to search for other options or to compare prices. The digital path to purchase is becoming the norm for many consumers and both retailers and manufacturers are taking notice. ”[2]. ”[2].

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The Top 10 Supply Chain Blog Posts from 2017

GlobalTranz

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. We will feature over the next 4 business days each category's most viewed posts over the course of 2017. Share This: Read More. [e-Book]

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Empowered Consumers Require Omnichannel Strategies

Enterra Insights

To meet changing consumer behavior, retailers are finding omnichannel strategies essential. ” We know that data helps retailers and manufacturers learn more about us as consumers; but, we often forget that data also allows consumers to learn more about the products being offered to them. Changing consumer behavior. ”[5].

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New Retail Business Models Support the Digital Path to Purchase

Enterra Insights

The rise of e-commerce and the consumer digital path to purchase has been a nightmare for some retailers from which they can’t awake. This has been especially true for large, traditional brick-and-mortar retailers that failed to master omnichannel operations. ”[1] The research also found, “A third of U.S.

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Omnichannel Operations can make Frenemies of Retailers and Suppliers

Enterra Insights

In the business world, omnichannel operations are creating frenemous relationships between retailers and suppliers. ” At the very least, DTC activity, as part of a larger omnichannel strategy, sets the stage for retailers and manufacturers to become frenemies. These are perilous times for retailers. Footnotes. [1]

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Top 5 Trends to Know to Compete with Amazon’s Supply Chain

GlobalTranz

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Per IDC Manufacturing Insights , the use of robotics will become more platform based through robot-as-a-service, reducing costs of deployment and maintenance. Clearly, robotics will become more important in 2017 than during any previous year.

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Real-Time Inventory Management: 5 Ways Advanced Computer Analytics Will Transform Traditional Inventory Management

GlobalTranz

Manufacturers have always struggled to obtain the most accurate inventory levels possible. Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. Amazon has accomplished many great things, and the company is approaching omnichannel status.