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Trends 2019: Retail

Enterra Insights

Omnichannel operations only succeed when inventory amounts and locations are known. Cognitive computing platforms, like the Enterra Enterprise Cognitive System (AILA ), can help companies with inventory management as well as myriad other challenges facing today’s retailers. ”[3]. Cognitive computing. ” Automation.

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Key Automotive Attractions and Pit Stops at Explore 2019

QAD

We have a lot in store for you and your colleagues, so please consider this roadmap of key attractions and pit stops for this year’s automotive sessions at QAD Explore 2019. In addition, this session will highlight the financial visibility of the inventory and cost transactions, the supplier invoice and the supplier payments approval process.

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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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Welcome to 2019: 5 Retail Trends You Need to Know Now

JDA software

That means more businesses will be honing their inventory types and levels to drive the right products closer to consumers for faster response times. This year, direct-to-consumer (DTC) will continue to gain in traction as customers have been trained to demand quicker response times and replenishment of commodity items.

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Don’t risk falling behind: 3 things you can do to start mastering analytics

AIMMS

Liberty Global , the world’s largest TV and broadband company, integrated advanced analytics into their S&OP to improve inventory rotation times and demand accuracy. Gartner predicts that the analytics output of business users with self-service capabilities will surpass that of professional data scientists by 2019.

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How to Avoid the Most Common Pitfall of Markdowns

ToolsGroup

Deloitte forecasts a 25–35% increase in e-commerce holiday sales this year compared to 2019. They train the consumer not to buy in-season because they can come back in three months and get a discount. Of course, most businesses can’t afford not to offer markdowns, especially in the face of inventory surpluses created during lockdowns.

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Warehousing News Roundup: April 8, 2019

Stord

For example, Kansas City Southern has accepted trains from other lines that it usually wouldn’t have to accommodate. The Port of New Orleans and the New Orleans Public Belt Railroad received a grant from the EPA that will fund 40% of a project to retrofit a diesel train with a cleaner engine.