Enterra Insights

MARCH 5, 2019

.”[1] A significant part of that redefinition involves omnichannel operations. Adam Robinson, a marketing strategist at Cerasis, bluntly states, “An omnichannel retail strategy is the new norm in today’s supply chains.”[2] 3] Omnichannel operations may be simple in concept but they are difficult to implement.

Omnichannel 100

Omnichannel Retail Supply Chain Design Software Cost Reduction Strategies 100

Enterra Insights

AUGUST 31, 2023

Fortunately, the deep recession that many economists predicted didn’t emerge. Economics reporter Ann Saphir explains, “Americans borrowed more than ever on their credit cards in the [second quarter of 2023], with balances surpassing $1 trillion for the first time even as overall household debt loads were largely unchanged. .

Packaging 246

Packaging New York Procurement Analytics S&OP 246

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Enterra Insights

DECEMBER 4, 2019

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. For online retailers and retailers with an omnichannel strategy, it’s probably good news.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Enterra Insights

FEBRUARY 8, 2022

Omnichannel retail operations became an essential element of the retail sector. Justin Swanson ( @ejsnyt ) reports, “Retail sales in the United States jumped nearly 11 percent this season compared with the holiday period in 2019, the year before the pandemic upended the global economy.”[1] Journalist E. ”[5].

Trends 130

Trends Retail Procurement Analytics Procurement Solutions 130

Enterra Insights

SEPTEMBER 14, 2023

”[1] Journalist Paul Berger reports that supply chain indicators confirm this holiday season’s sales could be mediocre. Journalist Nora Colomer reports, “Credit card balances grew the fastest among Gen Z cardholders in the second quarter of 2023, according to a recent TransUnion survey.

Supply Chain Planning Software 130

Supply Chain Planning Software Procurement Analytics Predictive Analytics Software Journal 130

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. 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.” A buyer now “purchases for one business.”

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Enterra Insights

APRIL 14, 2021

Despite these efforts, consumers report significant gaps in enterprises’ ability to make digital experiences easy, to earn their trust, and to deliver desirable results.” ”[3] In this era of omnichannel operations, Aerdts insists that companies must make consumers feel like each experience is better than the last. They are: 1.

Analytics Software 113

Analytics Software Predictive Analytics Software Supply Chain Software Sourcing Strategies 113

Enterra Insights

JULY 20, 2021

She reports, “Customer counts at overall stores surged 43.2% for that same period in 2019, says mobile-device location data from foot-traffic analytics firm Placer.ai. ” Even if foot traffic reaches pre-pandemic levels, more consumers have discovered the convenience of the digital path to purchase. ”[3].

Retail 100

Retail Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 100

Enterra Insights

APRIL 20, 2021

Thanks to the pandemic, consumers now find themselves more frequently on the digital path to purchase. In 2020, global e-commerce sales growth jumped three years in the first three months of stay-at-home mandates, with a share of overall retail matching 2023 predictions. ”[7] Ross adds, “According to a report by SOTI Inc.,

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Predictive Analytics Software 130

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

Enterra Insights

SEPTEMBER 7, 2021

Being present across all channels means having a digital presence and Tranquill insists, “Omnichannel analytics are indispensable for today’s care centers and marketing operations.” People (and our purchasing decisions!) … Luckily, these days, you don’t have to gather such information manually. .

Sourcing Strategies 147

Sourcing Strategies Analytics Software Procurement Solutions Supply Chain Software 147

Enterra Insights

JULY 19, 2021

D’Innocenzio explains, “The return to store shopping, highlighted in many retailers’ earnings reports in recent days, offers a big relief in part because shoppers return less when they make their purchases at the store — 8% compared with 25% for online, according to Forrester Research. 3] They are: 1.

Retail 130

Retail Procurement Analytics Purchasing Skills Research 130

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. . Big Boxes Not Always Big Winners.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Retail 52

Enterra Insights

OCTOBER 7, 2019

There’s been increased use of mobile phones and smartphones, interfaces for websites and mobile apps have improved, and there’s been a notable expansion of crowd-sourced business models to shopping and delivery.”[1] ”[1] He draws those conclusions from a Packaged Facts research report published last year.

Modeling Software 100

Modeling Software Supply Chain Planning Software Logistics Network Optimization Software Procurement Analytics 100

Enterra Insights

JANUARY 6, 2020

In today’s omnichannel world, the last mile can lead almost anywhere. Chris Cunnane ( @ccunnane ), an analyst with the ARC Advisory Group, explains, “In order to truly be omnichannel, retailers and brand manufacturers must provide a unified brand experience for their customers. Growing urgency in last mile deliveries.

Real-time Visibility 100

Real-time Visibility Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 100

Enterra Insights

JANUARY 14, 2021

The rise of analytics has positioned companies to achieve closer customer analysis — on a far greater scale than feedback surveys or social media comments. The first way, he notes, is that big data and advanced analytics can help you know your target audience much better. ” Predictive analytics. Footnotes. [1]

Customer Service 100

Customer Service Analytics Software Predictive Analytics Software Modeling Software 100

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). More than 40% of retailers have seen an increase in ‘intentional returns’ in the past year, according to an earlier report from Brightpearl.”

Reverse Logistics 100

Reverse Logistics Purchasing Skills Manufacturing Procurement Waste Reduction 100

The Logistics of Logistics

FEBRUARY 16, 2024

Before joining Outerspace, Terry was the Chief Revenue Officer of Quiet Logistics starting in 2019. About Outerspace Founded in 2019, Outerspace partners with leading omni-channel consumer brands, revolutionizing ecommerce fulfillment. Kate received an MBA from UC Berkeley, Haas School of Business.

3PL 163

3PL Logistics Network Optimization Software Analytics Software Optimization Software 163

Locus

JULY 25, 2023

In 2019, Bain & Co. predicted that the retail industry in the Middle East and North Africa (MENA) is on the verge of a pivotal shift. “E-commerce A recent report predicts that by 2030 , the share of smartphone connections in the Middle East and North African (MENA) regions will reach 92 percent from 76 percent in 2022.

Optimization Software 98

Optimization Software Modeling Supply Chain Optimization Optimization Modeling 98

Enterra Insights

FEBRUARY 3, 2020

Daphne Howland ( @daphnehowland ) reports any eulogies being written about brick-and-mortar retail’s demise are premature. 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] ” Trend 2. .”

Predictive Analytics Software 100

Predictive Analytics Software Trends Retail Resource Reduction 100

Enterra Insights

JUNE 24, 2020

A new report from Coresight Research predicts that retail closures will rise exponentially in the U.S.to A new report from Coresight Research predicts that retail closures will rise exponentially in the U.S.to That’s quite an increase from 2019, which was a record year with 9,821 closures.”[3] ”[4]. .”[3]

Retail 100

Retail Procurement Analytics Purchasing Skills Omnichannel 100

GlobalTranz

FEBRUARY 5, 2019

Although government reports were delayed at the beginning of the year due to the government shutdown, all indicators from the period before the government shutdown suggest logistics will continue to expand well into 2019. This will have an additional impact on capacity and logistics costs. The Move to LTL Digital Shipping.

Eliminating Excel in Purchasing 129

Eliminating Excel in Purchasing Procurement Analytics Logistics Network Optimization Software Report 129

Enterra Insights

AUGUST 22, 2019

” One of the best ways to serve customers is knowing what they want so it is available when they want to purchase it. The article notes, “According to an HBR-published study, companies that create the perfect omnichannel experience have increased their shareholder worth 8.5 times using data analytics. 4] They are: 1.

Trends 100

Trends Retail Big Data Price Reduction 100

Cathy Roberson

MAY 3, 2021

According to IHS Markit, March US purchasing manager’s index (PMI) was the second strongest since data collection began in May 2007. In 2019, it re-acquired HD Supply, a company it sold in 2007. If 2020 was the year of B2C, 2021 could likely be the year of B2B. Home Depot is growing its B2B e-commerce as well.

Supply Chain Planning Software 98

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Supply Chain Planning 98

Enterra Insights

FEBRUARY 19, 2019

The staff at Material Handling & Logistics magazine report, “A new survey finds that 85% of retail and 79% of consumer products companies surveyed plan to be using intelligent automation for supply chain planning by 2021.”[3] Dan O’Shea reports a recent Forrester study concluded, “Fifty-eight percent of U.S.

Retail 100

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

Cathy Roberson

AUGUST 15, 2022

Consumers have not necessarily put the brakes on buying stuff, and it's just that some consumers are being more mindful of what to purchase thanks to inflation. Croc's latest quarter, ending June 30, reported record revenue, up 51% year-over-year and gross profit up 26% year-over-year.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 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

Locus

DECEMBER 22, 2021

Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. The World Economic Forum’s report on the “future of the last-mile ecosystem” states that 85% of delivery mileage from freight delivery are majorly responsible for emissions and congestion driven by commercial vehicles. More Focus on Last-Mile Delivery.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

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

Enterra Insights

JULY 10, 2020

Governmental stay-at-home orders during the pandemic motivated most consumers to increase their online buying behavior — making residences a destination of choice for their purchases. And, last mile cost control is becoming more difficult for both urban and rural deliveries to consumers and business.”[4] The last mile is costly.

Expense Reduction 100

Expense Reduction Cost Reduction Strategies Analytics Software Logistics Network Optimization Software 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

MAY 15, 2020

This dramatic change in consumer shopping habits emphasizes the importance of omnichannel strategies and a resilient supply chain. ” What Chaturvedi doesn’t address is the fact that the increased use of the digital path to purchase comes with a dramatic increase in consumer returns. ” GoShare, 18 July 2019. [5]

Reverse Logistics 100

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 100

Enterra Insights

MAY 20, 2020

As Shea notes, “Between disruptions to manufacturing and supply chains and shifts in consumer behavior and purchase decisions, the retail industry will continue to be hit on both the supply and demand sides.” Matthew Townsend ( @matt_townsend ) reports, “Even with the U.S. Will suppliers produce sufficient products?

Retail 100

Retail Purchasing Skills Price Reduction Scenario Planning 100

Vinculum

AUGUST 9, 2021

In this article, you’ll learn how the lockdown has developed this model’s importance and why you should integrate it into your operations as soon as possible. Due to the closure of non-essential shops last March, many customers turned to the internet for their purchases. Click & Collect: The New Standard!

Modeling Software 52

Modeling Software Omnichannel Inventory Reduction Cost Reduction Strategies 52

Enterra Insights

NOVEMBER 29, 2019

Kaarin Vembar ( @truetostyle ), from Retail Dive , reports, “The importance of retail’s performance in the coming months can determine a company’s trajectory in a year where the industry has taken some big punches. 3] Kaarin Vembar, “ 6 ways retailers can win the holidays ,” Retail Dive , 14 October 2019. [4]

Inventory Reduction 100

Inventory Reduction S&OP Procurement Analytics Retail 100