GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Furthermore, the speed of operation of robots will increase more than 30 percent by the end of 2017. Clearly, robotics will become more important in 2017 than during any previous year. Technology Will Reshape Procurement Practices.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

GlobalTranz

APRIL 19, 2017

2017 is projected to be a year in which more shippers break out of the mold, embracing newer transportation management systems ( TMSs ). Unfortunately, this means predictions for adoption rates in 2017 would be likely to remain in this range. Historical Data on TMS Adoption May Be Lower Than Reported.

Vendor Strategies 137

Vendor Strategies Price Reduction Cost Reduction Strategies Resource Reduction 137

Enterra Insights

DECEMBER 20, 2018

Koesters reports a study by IDC found, “40% of digital transformation initiatives will be supported by cognitive computing and AI capabilities to provide critical, on-time insights for new operating and monetization models. First, retail transformation is necessary because consumer preferences and paths to purchase are changing.

Analytics Software 113

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

Enterra Insights

MARCH 30, 2022

According to the staff at Scorpion Planogram, at the height of the pandemic, “Many [consumers went] to brick-and-mortar stores with specific purchases in mind, whether that meant a large, well-planned grocery trip or an expedition to find a good reusable mask.”[2] What are they buying online for curbside pickup or delivery?

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

GlobalTranz

JANUARY 10, 2018

Last year, online shoppers spent more time purchasing items through online retailers than any other channel, and the 2016 holiday shopping season broke most online and mobile records. Paper-based warehousing systems are simply too inefficient to keep pace with the demands of e-commerce and an omnichannel supply chain.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 138

ToolsGroup

DECEMBER 7, 2017

Grocery stores, long thought to be immune to the “Amazon Effect”, were shaken in August of 2017 when Amazon acquired Whole Foods. For starters, a recent Food Marketing Institute report says that 20% of global grocery sales will be online by 2025, with American consumers alone spending upwards of $100 billion USD.

Waste Reduction 159

Waste Reduction Inventory Reduction Price Reduction Supply Chain Planning Software 159

Unleashed

OCTOBER 27, 2021

That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point. In 2017 it showed the world the D2C trend was coming by slashing its 30,000 retail partners down to just 40. Omnichannel eCommerce is the new B2B standard To quote McKinsey: ‘B2B buyers aren’t just moving to omnichannel.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Enterra Insights

NOVEMBER 5, 2018

By December, 2017 had seen 26 major retail bankruptcies (defined in this case as companies with more than $50 million in liabilities).”[1] ” Mani’s prediction highlights the need for brick-and-mortar retailers to implement personalized, omnichannel operations so they can get in front of the money flowing into e-commerce.

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

Veridian Solutions

APRIL 1, 2019

Omnichannel retail is the new “Gold Standard” for the industry. On the surface, an omnichannel approach gives consumers the ability to blend their online and physical experience into one. For supply chains, the impact of omnichannel is more significant. Why Have Retailers Forgone Warehouse Automation?

Supply Chain Software 64

Supply Chain Software Warehousing Retail Supply Chain Planning Software 64

Enterra Insights

NOVEMBER 1, 2018

Most analysts are predicting brisk sales this holiday season that equal or better last year’s sales. Erica Sweeney reports an OpenX survey conducted with the Harris Poll found consumers are optimistic about the current economy.[1] Howland reports, “More holiday shoppers will head to physical stores this year.”[6]

Price Reduction 100

Price Reduction Procurement Analytics Survey Forecasting 100

Enterra Insights

MARCH 18, 2022

Journalist Suzanne Kapner ( @SuzanneKapner ) reports, “After losing ground to e-commerce, bricks-and-mortar stores are back in style. Retailers this year are expected to open more stores than they close for the first time since 2017, according to an analysis of more than 900 chains by IHL Group, a research and advisory company. .”

Omnichannel 130

Omnichannel Expense Reduction Cost Reduction Strategies Inventory Reduction 130

GlobalTranz

JANUARY 21, 2019

According to Steve Banker via Forbes , Amazon’s purchase of Whole Foods positioned the company to corner the omnichannel area , and Amazon went a step further. million returns, reports the Washington Post. As a result, more retailers will look to remodeling to stay competitive with Amazon at the beginning of 2019.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

Vinculum

JULY 6, 2021

The importance of free returns is highlighted in various reports by giant business retailers. In a 2018 report from KPMG, more than 67% of online customers expect free returns, which is a 5% increase in comparison with 2016 and 2017. Higher in-store sales and future purchases. More repeated customers.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Modeling Software Procurement Analytics 52

Enterra Insights

JULY 18, 2019

Many analysts believe the future of retail rests on the shoulders of omnichannel operations powered by artificial intelligence (AI). James D’Arezzo, CEO of Condusiv Technologies, writes, “Any retailer that wants to be competitive knows it must offer a seamless omnichannel experience to its customers.”[1] ”[3].

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Enterra Insights

DECEMBER 26, 2019

”[1] In simpler times, shoppers would return items to the stores in which they were purchased — often exchanging them for other items (a win-win for both the consumer and the retailer). Happy Returns forecasts that the value of returned goods will rise from $350 billion in 2017 to $550 billion by 2020 in the US. Some 61% of U.S.

Reverse Logistics 100

Reverse Logistics Purchasing Skills Manufacturing Procurement Waste Reduction 100

Enterra Insights

FEBRUARY 26, 2020

” In the years between when Morley wrote his article and now, grocery stores have made significant changes, including omnichannel strategies, improved shopping experiences, and fuller use of data. ” Forbes , 3 May 2017. [2] ” Food Dive , 26 July 2017. [3] They are joining the Digital Age. The changing consumer.

Predictive Analytics Software 100

Predictive Analytics Software Inventory Reduction Food Real-time Visibility 100

Enterra Insights

JUNE 25, 2021

”[2] Both Brown and Miller base their predictions on the U.S. Census Bureau’s March retail trade report, which predicted a booming holiday season. That, in turn, implies more premium charges and even higher all-in costs for importers racing the holiday clock, which practically speaking, may be already ticking.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

Supply Chain Game Changer

AUGUST 21, 2019

According to Stephan Serrano at Barilliance , click & collect is an “omnichannel retail strategy where shoppers order their items online and pick them up in store.”. This hybrid model marries the digital and brick-and-mortar retail experience for a seamless and streamlined customer transaction. The Importance of Getting it Right.

Purchasing Training 52

Purchasing Training Cost Reduction Strategies Resource Reduction Purchasing Skills 52

Enterra Insights

JUNE 5, 2018

In order to provide the kind of customer experience this all-the-time/everywhere mindset requires, retailers need to master omnichannel operations. ” Omnichannel Operations are Data Driven. .”[1] ” Omnichannel Operations are Data Driven. Predicting trends. ”[3] Those ways are: 1. ” 5. .”

Omnichannel 100

Omnichannel Optimal Sourcing Price Reduction Sourcing Strategies 100

Vinculum

JUNE 3, 2022

As per the recent study, the COVID-19 pandemic has estimated the market size to be around US$ million in 2021 to manage the global Omnichannel Commerce software and platform and can be readjusted to USD million by 2028 with a CAGR of a certain percentage to review the market in a significant way. Omnichannel Commerce Software.

Modeling Software 52

Modeling Software Omnichannel Inventory Management Software Optimization Software 52

Veridian Solutions

DECEMBER 26, 2018

In order to meet the unprecedented demand for the holiday shopping season for online and brick-and-mortar stores, where sales grew at least 20 percent over 2017, explains Business Wire , requires unmatched WMS efficiency. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. The average U.S. Download WhitePaper.

Supply Chain Design Software 40

Supply Chain Design Software Real-time Visibility Demand Planning Software Inventory Reduction 40

Veridian Solutions

DECEMBER 26, 2018

In order to meet the unprecedented demand for the holiday shopping season for online and brick-and-mortar stores, where sales grew at least 20 percent over 2017, explains Business Wire , requires unmatched WMS efficiency. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. The average U.S. Download WhitePaper.

Supply Chain Design Software 40

Supply Chain Design Software Real-time Visibility Demand Planning Software Inventory Reduction 40

Repl Group

OCTOBER 2, 2018

According to the Office for National Statistics’ Senior Statistician, Rhian Murphy, in 2017: “Consumers continue to move Christmas purchases earlier, with higher spending in November and lower spending in December than seen in previous years.”. on the previous year – economic uncertainty saw retail sales increase by just 1.9%

Supply Chain Planning Software 45

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

Enterra Insights

FEBRUARY 16, 2018

.”[1] Obtaining value from data is critical since the digital path to purchase is becoming an important channel for most businesses. Cognitive Computing and the Digital Path to Purchase. ” Because cognitive computing systems can handle many more variables than traditional analytic platforms, they are ideal for this task.

Procurement Analytics 100

Procurement Analytics Procurement Solutions Purchasing Skills Analytics Software 100

Enterra Insights

FEBRUARY 23, 2018

Khadeeja Safdar ( @khadeeja_safdar ) and Imani Moise ( @MoiseNoise ) report, “Retailers had their best holiday sales since 2011, according to Mastercard SpendingPulse, which tracks payments in stores and online.”[1] ”[1] One of the primary reasons retailers are doing better is improved omnichannel operations.

Inventory Reduction 100

Inventory Reduction Omnichannel Price Mitigation Strategies Supply Chain Strategy 100

Logistics Bureau

JANUARY 7, 2020

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Procurement costs.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Enterra Insights

JANUARY 27, 2022

McLellan reports, “Market research firm Computer Economics described technology’s role in the rapid recovery from the pandemic as ‘nothing short of a miracle’ ” As a result of this success, IDC predicts, “Direct digital transformation investments [will] accelerate to a 16.5 ”[5]. .”

Prescriptive Analytics Software 182

Prescriptive Analytics Software Trends Predictive Analytics Software Analytics Software 182

Convey

NOVEMBER 16, 2016

As we have already seen this year, consumers’ omnichannel needs will continue to drive retailers’ agendas especially when it comes to delivery. The ability to offer these services to customers can have a big impact on customers’ choices when selecting a retailer, especially when purchasing a large item.

Procurement Analytics 52

Procurement Analytics Omnichannel Retail Packaging 52

Enterra Insights

APRIL 29, 2021

Lorimer, and Arun Shastri, from ZS Associates, note, “Articles have reported sky-high ROI from AI designed to boost field and inside sales force performance. demographics, purchase history) and some are unstructured (e.g. ” Getting the Most from AI in Sales and Marketing Andris A. Zoltners, PK Sinha, Sally E.

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Optimization Software Supply Chain Network Software 130

BlueYonder

NOVEMBER 27, 2018

It’s possibly even changing the way we plan out big ticket item purchases for ourselves. (I And there are around 60 billion reasons you should keep reading about this year’s trends according to Customer Growth Partners who reported the dollar amount in sales for this year’s four-day holiday weekend alone, a 5.1% bump from 2017.

Supply Chain Planning Software 40

Supply Chain Planning Software Analytics Software Price Reduction Demand Planning Software 40

Enterra Insights

JANUARY 6, 2022

There are several reasons the retail sector survived the pandemic — among those reasons were the adoption of omnichannel strategies and utilization of cognitive technologies (aka artificial intelligence (AI)). In 2017, Manesh G Pillai, a senior director at SapientRazorfish, openly asked, “Is cognitive computing the future of retail?”[2]

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

FLEXE

FEBRUARY 27, 2018

Combined with the customer expectation of purchases arriving on their doorstep, literally tomorrow , there’s an inarguable case for the importance of partnerships in retail. 2017 saw a striking increase in legacy retailer partnerships and acquisitions with more to come in 2018. Retailers—of all sizes—are jumping on this trend.

Retail 28

Retail Expense Reduction Price Reduction Cost Reduction Strategies 28

Enterra Insights

AUGUST 12, 2019

Metrics such as revenue growth, market share, earnings before interest and taxes, and lifetime customer value remain the hallmarks of corporate success, and digital strategies should align with these goals.”[2] ” Which of these enablers your enterprise embraces depends in large measure on the business model it adopts.

Modeling Software 127

Modeling Software Analytics Software Resource Reduction Procurement Analytics 127

Locus Robotics

JULY 5, 2019

E-Commerce providers and 3PLs are under increasing pressure to match Amazon’s speed, cost efficiencies, and accuracy. A 2018 study found that 43 percent of consumers surveyed expected “much faster” delivery times, a sharp increase from 2017. Online purchases will only become more a part of everyday life.

Warehousing 40

Warehousing Cost Reduction Strategies Vendor Strategies Price Reduction 40

Logistics Viewpoints

DECEMBER 15, 2023

Same-day delivery is at the top of shoppers’ wish lists this holiday season, as Target’s CEO Brian Cornell said more consumers are waiting until the last minute to make purchases. Target’s omnichannel model now lets consumers shop in-store and via the retailer’s app and website for same-day or two-day delivery.

Logistics Network Optimization Software 282

Logistics Network Optimization Software Logistics New Hampshire Price Reduction 282

Tompkins Blog

APRIL 29, 2014

Learn more about aligning strategies by downloading Tompkins Supply Chain Consortium’s report Aligning Supply Chains with Business Strategy.). The growth of actual online sales from online purchases between 2012 and 2017 will only grow from 7.7% The real cost of implementation must be included in the economic analysis.

Real Estate 66

Real Estate Material Savings Price Reduction Sourcing Strategies 66