ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. eCommerce Purchases and “The New Normal” Retail Categories. in 2019) are expected to produce over $300 per square foot on a gross square foot basis. And some – including yours truly – have always found shopping to be a joyous activity. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

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. ”[2].

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Enterra Insights

AUGUST 31, 2023

Consider that there are 70 million more credit card accounts open now than there were in 2019, before the pandemic.” According to anonymized and aggregated account data tracked by the Bank of America Institute, the median savings and checking balances were at least 30% higher in July than they averaged in 2019.

Packaging 246

Packaging New York Procurement Analytics S&OP 246

Enterra Insights

APRIL 14, 2021

According to a 2018 Gartner survey, “Across all industries, at least 84 percent of consumers say their experiences with using digital tools and services fall short of expectations.”[1] With so much commerce moving online, digital customer experience (CX) is becoming increasingly important. Improved Personalization. ” 5.

Analytics Software 113

Analytics Software Predictive Analytics Software Supply Chain Software Sourcing Strategies 113

Vinculum

JULY 8, 2019

Date: 25-28 June 2019. With over 130 sessions and 600 top technology solution providers , IRCE saw huge participation of brands, retailers, 3PLs and brand distributors from all over the world. Vinculum’s Agenda at IRCE 2019. Modules to orchestrate real-time view of inventory and enable omnichannel for brands and retailers.

Chicago 40

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

Enterra Insights

SEPTEMBER 14, 2023

The percentage of credit-card and auto-loan balances transitioning into delinquency — that is, going from current to becoming 30-days-plus late — is happening at a pace faster than that of 2019, according to the Federal Reserve Bank of New York.”[4] Consumers want an omnichannel, integrated experience, Meitiner says.

Supply Chain Planning Software 130

Supply Chain Planning Software Procurement Analytics Predictive Analytics Software Journal 130

Locus

JULY 25, 2023

In 2019, Bain & Co. E-commerce is becoming a reality,” the management consulting company stated, “reinventing consumers’ path to purchase, forming new customer experiences , disrupting business models, and creating growth opportunities for large and small retailers as well as for a new generation of pure E-commerce players.”

Optimization Software 98

Optimization Software Modeling Supply Chain Optimization Optimization Modeling 98

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 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!) He explains, “[Technology solutions are] only as powerful as the humans who use them.

Sourcing Strategies 147

Sourcing Strategies Analytics Software Procurement Solutions Supply Chain Software 147

Enterra Insights

APRIL 20, 2021

Thanks to the pandemic, consumers now find themselves more frequently on the digital path to purchase. ”[3] As the digital path to purchase gets more crowded, the pressure on last-mile logistics also increases. . ”[3] As the digital path to purchase gets more crowded, the pressure on last-mile logistics also increases.

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

JULY 20, 2021

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. As a result, almost every retailer now focuses on omnichannel operations. ”[3].

Retail 100

Retail Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 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

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. Last year, we predicted storefronts would make a comeback in 2018 as companies developed more sophisticated omnichannel strategies.

Omnichannel 34

Omnichannel Modeling Optimization Software Price Mitigation Strategies 34

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% A buyer now “purchases for one business.” That was the accepted wisdom.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

Enterra Insights

OCTOBER 7, 2019

Jennifer Sweeney reports, “The number of Generation X shoppers buying groceries online has grown considerably from 29% in 2018 to 40% in 2019, according to FMI’s new U.S. This new avenue allows for parents to purchase items and have them delivered right to their student’s dorm room or apartment.”[5]. ”[5].

Modeling Software 100

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

Locus

DECEMBER 22, 2021

From 2022, we can see a steady rise in enterprise businesses investing in last-mile delivery software. Global Last Mile Delivery Software Market was valued at USD 5.38 Billion by 2026, growing at a CAGR of 9.28% from 2019 to 2026. – Verified Market Research, Last-mile delivery software market, Jun 2021.

Logistics Network Optimization Software 52

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

Locus

SEPTEMBER 24, 2021

– Statista, Direct-to-consumer (D2C) e-commerce sales in the United States from 2019 to 2023, June 2021. Ecommerce penetration will continue to increase, more than doubling from 2019 to 23.6% A network optimization solution is the foundational setup for businesses that want to step into the D2C zone. billion U.S.

Modeling 52

Modeling Supply Chain Planning Software Supply Chain Software Trends 52

Enterra Insights

APRIL 29, 2021

As a result, cognitive systems (aka artificial intelligence (AI) systems) are some of the most important tools in the kit of modern marketers. AI-powered tools can save time and resources by automating processes and surfacing more data for your brand. demographics, purchase history) and some are unstructured (e.g.

Supply Chain Design Software 130

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

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). There are no easy solutions and the problem is only getting worse as the volume of returns escalates, leaving retailers flummoxed about what to do.

Reverse Logistics 100

Reverse Logistics Purchasing Skills Manufacturing Procurement Waste Reduction 100

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. It may be a new day for clothing sales.

Retail 130

Retail Procurement Analytics Purchasing Skills Research 130

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. ” Trend 5.

Predictive Analytics Software 100

Predictive Analytics Software Trends Retail Resource Reduction 100

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

Cognira

MAY 19, 2021

That’s so 2019. That’s so 2019. Vendors/manufacturers accessed customer/sales data by purchasing it from a consolidator like IRI and Neilsen. That’s so 2019. A trifecta of gorillas — Amazon, Walmart, and Target — invested heavily in omnichannel, and Amazon made a big leap into grocery. Introduction.

Manufacturing Procurement 52

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

Enterra Insights

JANUARY 14, 2021

” Of course, it’s not access to data that provides better insights; it’s using cognitive solutions, like the Enterra Shopper Marketing and Consumer Insights Intelligence System. Cognitive solutions can leverage all types of consumer data to provide high-dimensional consumer, retailer, and marketing insights.

Customer Service 100

Customer Service Analytics Software Predictive Analytics Software Modeling Software 100

Enterra Insights

FEBRUARY 19, 2019

There are some purchases they prefer to do online and other they would rather touch and feel before swiping their credit card. 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

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

Cathy Roberson

JULY 10, 2021

As consumers, most of us have made minor repairs on various goods we’ve purchased such as eyeglasses, lamps, and some automotive work. million tons of e-waste, about 46 pounds per person, in 2019. during 2019 was $7.49 Often times we’ve utilized third-party repair shops or sent our items to manufacturers for repairs.

Supply Chain Design Software 52

Supply Chain Design Software Waste Reduction Expense Reduction Reverse Logistics 52

Enterra Insights

JUNE 24, 2020

That’s quite an increase from 2019, which was a record year with 9,821 closures.”[3] It will come as no surprise that analysts are predicting the percentage of retail involving the digital path to purchase will increase in the years ahead. The most important thing retailers can do, however, is master omnichannel operations.

Retail 100

Retail Procurement Analytics Purchasing Skills Omnichannel 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

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

Material Handling & Logistics

JANUARY 4, 2019

One of the biggest sources of financial uncertainty in 2019 will be international tariff policy and its impact on product demand. The Sloan School of Management at MIT, gathered together a group of experts for their take on what 2019 will look like. Software has always been a tool help companies become more profitable.

Procurement Solutions 84

Procurement Solutions Predictive Analytics Software Modeling Software Demand Planning Software 84

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. Compared to previous years, for the second quarter in 2021, Croc's DIO was 75.34, which was above the same quarter in 2019 when it was 73.69.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Vinculum

AUGUST 9, 2021

Due to the closure of non-essential shops last March, many customers turned to the internet for their purchases. BOPIS sales in 2019 were already up by approximately 35% during the holiday season, and the pandemic has accelerated this growth. For example, a grocery store will allow curbside pick-up after items are purchased online.

Modeling Software 52

Modeling Software Omnichannel Inventory Reduction Cost Reduction Strategies 52

Enterra Insights

NOVEMBER 29, 2019

… The study also found a growing trend of ‘responsible retail,’ with shoppers more concerned about the environmental and social impact of their purchases.”[4]. ” As noted above, one trend diminishing the importance of Black Friday is the rise of e-commerce and the digital path to purchase. ”[4].

Inventory Reduction 100

Inventory Reduction S&OP Procurement Analytics Retail 100

6 River Systems

JUNE 29, 2020

eCommerce growth and the impacts of COVID-19 In 2019, consumers spent $601.75 According to Visual Capitalist , eCommerce demand for disposable gloves grew by a whopping 670% in March 2020 compared to March 2019, while demand for bread machines grew by 652% over the same period. billion with U.S. eCommerce retailers, marking 14.9%

Warehousing 52

Warehousing Retail Real Estate Demand Planning Software 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. 2] Shelagh Dolan, “ The challenges of last mile delivery logistics & the technology solutions cutting costs ,” Business Insider, 10 May 2018. [3]

Expense Reduction 100

Expense Reduction Cost Reduction Strategies Analytics Software Logistics Network Optimization Software 100