Logistics Viewpoints

MARCH 24, 2022

Demand for e-commerce and omnichannel fulfillment continues to grow. e-commerce sales increased again in 2021, up 14% year-over-year (YoY), and by more than 50% compared to 2019. Based on regional differences in demand and other factors, shipping data can inform decisions about where to house inventory, how much to have on hand, etc.

Supply Chain Planning Software 219

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 219

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. in May 2020 compared to May 2019, especially affecting exports from the US, Japan and the EU.

Inventory Management Software 96

Inventory Management Software Supply Chain Software Supply Chain Planning Software Inventory Reduction 96

Vinculum

JULY 8, 2019

Date: 25-28 June 2019. Vinculum’s Agenda at IRCE 2019. Sell and manage orders, inventory, and fulfillment across multiple sales channels. Modules to orchestrate real-time view of inventory and enable omnichannel for brands and retailers. IRCE 2019 Review: Hottest Discussion Topics, Top Trends and Key Insights.

Chicago 40

Chicago Supply Chain Design Software Supply Chain Software Supply Chain Network Software 40

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Product availability was a clear problem during the pandemic: last holiday season, consumers saw over 6 billion out-of-stock messages online , a 253% increase over the 2019 season. in April 2021.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Logistics Viewpoints

DECEMBER 6, 2022

21% of online orders were returned in 2021, up from 9% in 2019. The process is inefficient and unpredictable, and leaves retailers with used inventory that oftentimes cannot be resold. In the U.S, Compare this to the 9% returns rate of purchases made in-store. Reverse logistics is difficult and costly.

Reverse Logistics 221

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 221

ToolsGroup

FEBRUARY 7, 2022

in 2019) are expected to produce over $300 per square foot on a gross square foot basis. And based on Placer Lab’s data , the investment looks promising, with monthly 2021 monthly in-store visits up across the board in comparison to 2019: Image source: Placer.ai. Omnichannel Retail: The Future is Phygital.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Enterra Insights

AUGUST 31, 2023

During this period of changing consumer behavior, retailers experienced an inventory mismatch and inflation reared its ugly head. Consider that there are 70 million more credit card accounts open now than there were in 2019, before the pandemic.” ” This means the CPG sector needs to master omnichannel operations.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

GlobalTranz

JANUARY 7, 2020

Today’s post will cover the the most read supply chain management blogs published in 2019. The post Most Read Supply Chain Management Blogs of 2019 appeared first on Transportation Management Company | Cerasis.

Supply Chain Software 32

Supply Chain Software Supply Chain Omnichannel Transportation Management 32

Logistics Bureau

JANUARY 21, 2020

What was behind Amazon’s falling profits in 2019, and how did other big online retail players perform? The Highs and Lows of Online Retail in 2019. For example, the seemingly unstoppable Amazon surprised pundits by reporting lower year-on-year profits in the third quarter of 2019. . The necessity to increase inventory levels.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Retail 52

Logistics Viewpoints

NOVEMBER 30, 2020

In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” For the fiscal year 2019, digital sales were 8.8% Finally, inventory accuracy can never be as high in a store as in a warehouse.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

FLEXE

NOVEMBER 5, 2018

How are retailers using omnichannel fulfillment to prepare for the 2018 holiday season? Today, both eCommerce and brick-and-mortar are part of a more complicated, omnichannel purchasing landscape. Proactively managing inventory levels to support new shopping behaviors while also giving customer more delivery (or pick up) options.

Omnichannel 34

Omnichannel Modeling Optimization Software Price Mitigation Strategies 34

Enterra Insights

DECEMBER 4, 2019

For online retailers and retailers with an omnichannel strategy, it’s probably good news. … The one issue retailers should we wary of — if this trend tracked by Coresight holds true — is ending up with too much inventory on their hands after the holiday season, if they’re planning to sell more than what ends up being the case.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

crisp

DECEMBER 17, 2021

When the FDA officially distinguished allulose from regular sugar in 2019, the former consultant and tech executive knew the time was ripe: he incorporated his new company, RxSugar, just days later. This is part of Steve’s omnichannel strategy, but it also means more to keep track of.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 98

GlobalTranz

JANUARY 21, 2019

So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 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.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Cognira

OCTOBER 27, 2023

Retail Media Networks: Bridging the Gap to Omnichannel Success October 27, 2023 Promotions Home In an increasingly competitive retail landscape, setting your brand apart is no easy feat. Amidst the crowd of retailers offering similar shopping experiences, Omnichannel Fulfillment stands out as the gold standard for engaging customers.

Supply Chain Network Software 52

Supply Chain Network Software Omnichannel Network Optimization Optimal Sourcing 52

C3 Solutions

JULY 28, 2020

What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions. 2 Cooler heads have prevailed now, though, and Gartner's best guess was in 2019 there would be 14.2

Internet of things 78

Internet of things Retail Real-time Visibility Optimal Sourcing 78

Enterra Insights

DECEMBER 26, 2019

Daphne Howland ( @daphnehowland ) reports, “[Amazon’s decision] is influencing retailers of all sizes to mull similar policies, in light of their own rising problem of escalating returns, according to a report from omnichannel retail management firm Brightpearl. These companies want to fix it ,” CNBC, 12 January 2019. [5]

Reverse Logistics 100

Reverse Logistics Purchasing Skills Manufacturing Procurement Waste Reduction 100

C3 Solutions

JULY 24, 2020

Being able to plan the arrival and departure of key inventory can make the difference in the success of an automation project – and our systems integrate seamlessly with operating software. All the functions we've explored in this paper depend on you having inventory on hand when you need it. Speed is of the Essence.

Supply Chain Planning Software 133

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling Software 133

Enterra Insights

FEBRUARY 19, 2019

With sophisticated algorithms, it can anticipate customer demand and improve inventory management across both stores and on-line.” First, survival requires retailers to master omnichannel operations. 1] Ryan Lester, “ How AI is assisting the comeback of brick & mortar retail ,” Retail Dive , 9 January 2019. [2]

Retail 100

Retail Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 100

Cognira

MAY 19, 2021

That’s so 2019. That’s so 2019. Replenishment usually did not include promotional inventory, and stores were burdened with monitoring and management. Ordering inventory for promotions manually, with a limited understanding of forecasts. That’s so 2019. Introduction. Ancient History- The Last Decade. Introduction.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Purchasing Skills Predictive Analytics Software 52

C3 Solutions

JULY 22, 2020

But it was really the development of innovative material handling systems in the mid-20th century that prompted the need for ways to keep track of more densely stored goods and higher levels of inventory. With the concurrent innovation in computing technology, inventory tracking systems were created that could generate automated reports.

Supply Chain Design Software 131

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Retail 131

Enterra Insights

JANUARY 21, 2022

” As I understand his statement, he is applauding retailers’ selling efforts in the midst of a pandemic, inventory shortages, and rising inflation. Compared with 2019, before the pandemic brought about an explosion of online ordering, e-commerce sales jumped over 61 percent. In 2019, online sales accounted for just 14.6

Price Reduction 130

Price Reduction Inventory Reduction Expense Reduction Cost Reduction Strategies 130

Kinaxis

JANUARY 29, 2019

More specifically, we believe that 2019 will be about building up our customer’s confidence in decision making by empowering people and working together. And isn’t knowing that the choices you make will lead to the best possible outcome the best way to move forward in 2019? We believe we have an answer.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Software Analytics Software Supply Chain Network Software 147

Enterra Insights

FEBRUARY 3, 2020

Modern retailers understand this new omnichannel reality and are adopting retail innovation strategies to meet shoppers wherever they are — and on whatever device they choose.”[2] In 2019, he notes, these transactions resulted in $3 trillion of sales. straight forward buying and selling). ” Trend 2. ”[7].

Predictive Analytics Software 100

Predictive Analytics Software Trends Retail Resource Reduction 100

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

Logistics Viewpoints

FEBRUARY 8, 2021

Ecommerce and omnichannel was already growing more than twice as fast as traditional retail. Companies are beginning to explore on-demand manufacturing rather than traditional manufacturing models, meaning they can keep less physical inventory on-hand. In 2019, it became the first fully unmanned truck to drive on a live highway.

Supply Chain Planning Software 288

Supply Chain Planning Software Supply Chain Software Modeling Supply Chain Planning 288

Kinaxis

FEBRUARY 5, 2016

Increased e-commerce volumes and omnichannel strategies are putting unprecedented demands on the supply chain. Increasingly, manufacturers are turning from a traditional supply-driven orientation to demand-driven solutions to effectively meet e-commerce and omnichannel challenges to the supply chain.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 100

Vinculum

MARCH 31, 2021

In 2019, omnichannel shopping proved to be a consistently popular trend, and will continue to be an essential part of customers’ experience in 2020. The number of omnichannel shoppers is expected to grow by 25% by 2020, which is why retailers need to put an emphasis on omnichannel commerce. What Are the Benefits?

Omnichannel 52

Omnichannel Retail Inventory Reduction Manufacturing Procurement 52

Enterra Insights

JULY 19, 2021

With the future of consumer experiences at stake, retailers must reexamine the prevailing approaches that have defined omnichannel retail for the past decade.”[2] Wells Fargo analysts recently found store traffic up, inventory lean and margins expanding.” retail sits at the edge of a second pandemic-fueled transformation.

Retail 130

Retail Procurement Analytics Purchasing Skills Research 130

Multichannel Merchant

DECEMBER 5, 2022

Adrian Mitchell, Chief Financial Officer of the department store chain, said the semi-automated facilities will allow Macy’s to better utilize inventory in specific markets and regions. “We do expect we’re going to have a strong performance to 2019 across every quarter, and we’re mapping on that.”

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Software 52

Locus

SEPTEMBER 24, 2021

Many businesses are still struggling from inflationary pressures on goods and inventory not meeting peak season demand. After the pandemic, their e-commerce fulfillment struggled to find products as their inventory was stocked in the wrong warehouse. The Omnichannel Edge for Businesses. billion U.S. in 2021 to $933.30

Modeling 52

Modeling Supply Chain Planning Software Supply Chain Software Trends 52

Vinculum

AUGUST 9, 2021

BOPIS sales in 2019 were already up by approximately 35% during the holiday season, and the pandemic has accelerated this growth. By using omnichannel fulfillment methods, e-commerce and brick-and-mortar shops can enjoy better customer service and more convenient shopping. Order is fulfilled: There are two possible outcomes here.

Modeling Software 52

Modeling Software Omnichannel Inventory Reduction Cost Reduction Strategies 52

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Cathy Roberson

DECEMBER 16, 2021

However, expect free shipping offers to get a new look as retailers invest in omnichannel strategies and address higher supply chain costs. According to a 2019 National Retail Federation (NRF) survey , 75% of consumers surveyed expect delivery to be free even on orders under $50, up from 68% a year ago.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Material Savings Price Reduction 52

Enterra Insights

NOVEMBER 29, 2019

The rise of e-commerce means retailers must now embrace omnichannel strategies offering consumers multiple ways to purchase and receive products. Another trend impacting physical stores is inventory management. This means physical stores must carry increased inventory for sales items purchased online but picked up in the store.

Inventory Reduction 100

Inventory Reduction S&OP Procurement Analytics Retail 100

Enterra Insights

MARCH 27, 2019

From rapid order intake to omnichannel order fulfillment to establishing the optimal distribution network to meeting next-day or same-day delivery windows, both retailers and manufacturers must innovate, adapt and evolve — or get knocked out their respective markets.”[2]. ” Shopify Plus , 31 January 2019. ”[2].

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100