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Retail Inventory Shrinkage Remains a Problem

Enterra Insights

For the last few years, inventory shrinkage has annually cost U.S. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money. To reduce shrinkage, retailers need to have a strategy to address each of the ways inventory can be lost. Inventory shrinkage strategies. Somewhere between 1.5%

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Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?

ToolsGroup

Seemingly overnight, hard seltzer became the drink of choice in 2019, and largely due to user-generated memes and Twitter posts, the White Claw brand shot to a 54% share of all hard-seltzer sales2 in the U.S. There are all sorts of data to tap into, such as social sentiment, point-of-sale (POS), inventory, on-shelf availability and more.

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Conquering the Explosion of Supply Chain Planning Data

Logility

and up to date transaction data (order status, inventory positions, shipment tracking, etc.) Attainable Benefits: The benefits from the use of Big Data are numerous and well documented. Key Performance Metrics: The ability to identify and measure KPIs will help prioritize and measure transformation efforts. 4 Anne Grackin.

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Reverse Logistics: What is it, and Why is it So Important?

Unleashed

Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process? Inventory control technology allows for tracking of returned goods and reduces the time it takes for a product to re-enter stock.

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What’s New with MMOG/LE Version 5?

QAD

The MMOG/LE assessment has been a go-to document for automotive supply chain best practices for thousands of global Tier 1 and Tier 2 suppliers since its first publication in 2002. supplier selection and assessment, new product launch, use of metrics in the supplier assessment process). What Should You Do Next?

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

Then, as a response to the ‘touchless planning’ hype, I published an article in 2019 about what is really required for ‘autonomous planning’. Enter Decision Intelligence Working for Aera Technology, applying intelligent automation to decision making, helped shape these early ideas further since I joined the company end 2019.

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Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

We hope you enjoy this salute to the best of 2018, and we look forward to even more innovations in 2019. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Top 10 Supply Chain Innovations of 2015 : solar-powered vessel, robot dispatcher, 3-D printed flight parts, and more.