Enterra Insights

JULY 25, 2022

… Traditionally, inventory counts [have been] a complex exercise done manually about once a year but RFID technology enables retailers to monitor stock monthly bringing accuracy from 60% to over 90%.” 1] Ajay Rane, “ Why IoT Is Key to a Seamless Supply Chain ,” SupplyChainBrain, 13 April 2020. [2]

Internet of things 130

Internet of things Supply Chain Software Supply Chain Optimization Supply Chain Network Software 130

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. Industry economic trends and an outlook for the future The global wholesale industry took a downturn in 2020 due to the COVID-19 pandemic and related trade and personnel restrictions – but it’s expected to grow from now to 2025.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Enterra Insights

OCTOBER 26, 2022

From supporting cutting-edge cancer research to helping businesses track their inventory, machine learning and AI offer the ability to disrupt and enhance our existing processes in virtually every segment of society.”[1]. ” IT Pro, 19 July 2022. [5] ” TechRadar.Pro, 12 August 2022. [9] ”[1]. Footnotes. [1]

Predictive Analytics Software 264

Predictive Analytics Software Analytics Software Optimization Software Material Savings 264

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. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. in July 2020 and bottoming out at 1.07 plummeted—first down to 1.21

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

Enterra Insights

JANUARY 31, 2023

growth in 2020. In 2022, the firm [expected] the market to expand 32.4%, supported by ‘pandemic-induced online shopping stickiness.’ ’ By contrast, eMarketer found the online grocery market rose by 64% and 12% in 2020 and 2021, respectively, and is forecasting a 20% jump [for 2022]. market at $122.39

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

Locus

AUGUST 2, 2022

2022, Statista. In 2020, there were a total of 256 million digital buyers in the United States. Besides reducing the distance to deliver packages, alternative delivery fulfillment models have saved on logistics costs and simplified last-mile logistics management for the modern retail business. million online buyers in 2025.

Modeling 52

Modeling Modeling Software Optimization Modeling Trends 52

Enterra Insights

OCTOBER 11, 2022

“In 2022,” she explains, “I frequently ask companies to draw their river of demand. For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. However, distribution centers may be given the conflicting task of minimizing excess inventory space and cost.

S&OP 130

S&OP Supply Chain Planning Software Supply and Demand Supply Chain Planning 130

Logistics Viewpoints

SEPTEMBER 22, 2023

In past years, USPS has hiked its fees from roughly October to January during the annual surge, including increases in 2022, 2021, and 2020. Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels.

Los Angeles 221

Los Angeles Material Savings Logistics Network Optimization Software Waste Reduction 221

Unleashed

MARCH 2, 2022

In what could be a shift from ‘just-in-time’ to ‘just-in-case’ stock models, analysis of 521 SME manufacturers found that the overall value of stock rose by 34 per cent between 2020 and 2022, while overall domestic demand* dropped 6.8 10 Trends in Supply Chain Management in 2022. Supply Chain Management is changing.

Supply Chain Planning Software 98

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Enterra Insights

DECEMBER 16, 2021

percent higher than October 2020.”[2] ”[2] The USDA went on to predict, “In 2022, food-at-home prices are expected to increase between 1.5 Retail and grocery reporter Nathaniel Meyersohn ( @nmeyersohn ) agrees with the USDA prediction about increasing food prices in 2022. In 2020, grocery prices increased 3.7%

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Pricing Training Purchasing Skills 130

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” below its February 2020 rate, despite enticements like improved workplace flexibility, benefits, and wages.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Cathy Roberson

MAY 10, 2022

Supply chains have encountered delivery delays, capacity constraints, and volatile rates since the COVID pandemic began in 2020. We launched this into the Phoenix market in Q1 2022, and we'll look to scale this in 2022. Meanwhile, Sherwin Williams uses their fleet as a supplement and maintains strong customer service.

Retail 109

Retail Material Savings Network Optimization Modeling 109

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. “Higher fuel costs more than offset the impact of a 2% decline in digital penetration and reductions in delivery cost per package,” he said.

Expense Reduction 52

Expense Reduction Cost Reduction Strategies Inventory Reduction Supply Chain Software 52

Unleashed

AUGUST 3, 2021

The growth in pet ownership in 2020-2021 has seen unprecedented demand in the pet food sector – a true industry boom. certain packaging materials. in 2020, and foster?organisations?found between March and December 2020.? This is particularly true of dog owners who more and more are shopping for?premium, increase in?sales

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Cathy Roberson

MAY 31, 2022

Many retailers were slow to invest in required technologies until 2020 when the COVID pandemic temporarily forced physical stores to close and/or limit hours of operation, e-commerce purchases jumped, and last-mile delivery providers struggled to deliver goods on time to consumers. Costco, for example, acquired Innovel Solutions in 2020.

Puerto Rico 52

Puerto Rico Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software 52

Logility

JUNE 30, 2022

Roughly 25% of workers plan to change jobs in 2022. million in 2020, could have a worker shortage of up to 24.5 This results in delays that cause material or inventory shortages that affect both manufacturers and retailers Fulfillment centers that are short of workers can’t keep pace with order fulfillment volumes fueled by eCommerce.

Supply Chain Planning Software 173

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 173

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

Ware2Go

APRIL 11, 2023

Even with increased demand for 1 to 2-day delivery , advancements in the logistics industry enable merchants to stock their inventory closer to their customers to lower time in transit and reduce next day air shipments (which emit nearly 6 times more carbon than ground shipments). In 2022 alone, eCommerce returns generated 9.5

Examples 52

Examples Sustainability Purchasing Skills Retail 52

BlueYonder

JUNE 6, 2022

Blue Yonder has once again been recognized as a Leader in 2022 Magic Quadrant. For the 11 th year 1 in a row, we have been named a Leader in the 2022 Gartner Magic Quadrant for Warehouse Management Systems (WMS) report 2 —which is every year since the report began!

Gartner 52

Gartner Prescriptive Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

Unleashed

OCTOBER 27, 2020

For medical device manufacturers connected to the Covid-19 pandemic response, 2020 has been a year of growth. decline in US market size expected for 2020, according to IbisWorld data. This was reviewed in 2020 and has been adopted by many countries globally. Whether 2021 will see a return to previous growth trends (2.7%

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Design Software Manufacturing Inventory Management Software 105

Intelligent Audit

DECEMBER 29, 2021

such as expected winter weather that’s stimulated embargoes across the Pacific-Northwest market and uncertainty as carriers rush to deliver packages on time. The Wall Street Journal noted that rail rates are up an average of 23% compared to 2020. Yet, the rates are not likely to switch back to favoring shippers until well into 2022.

Shipping 52

Shipping Los Angeles Houston New York 52

Intelligent Audit

SEPTEMBER 12, 2022

According to reporting from CNN Business , “ 350,000 Teamsters work at UPS as drivers and package sorters out of a global workforce of 534,000 permanent employees. million packages daily. Following the trend set by fellow delivery giants Amazon and FedEx, UPS has announced its surcharges for the rapidly approaching 2022 peak season.

Pharmaceutical 52

Pharmaceutical Negotiating Skills Purchasing Skills Logistics Network Optimization Software 52

Enterra Insights

FEBRUARY 28, 2022

If retailers didn’t have enough to worry about with the pandemic, inventory issues, and labor shortages, a new type of organized crime has been added to their plate. ”[9] They add, “Union Pacific said it has seen a 160% jump in criminal rail theft in Los Angeles since December 2020.” Retail Smash-and-Grab.

Los Angeles 130

Los Angeles San Francisco Supply Chain Planning Software Supply Chain Software 130

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

Intelligent Audit

DECEMBER 12, 2022

For the 12 months ending March 2020 (the beginning of the pandemic), CPI was 1.5%, and PPI’s final demand index was 0.7%. As shippers drew down existing inventories, replenishment became necessary to quickly satisfy consumers’ spending habits. Toward the second half of 2020, demand for imports began to grow.

Cost Reduction Strategies 52

Cost Reduction Strategies Price Reduction Inventory Reduction Negotiating Skills 52

Supply Chain Matters

JANUARY 17, 2023

Global wide transportation and logistics costs increased at unprecedented rates during 2021 and 2022. During 2022, as consumers shifted their physical goods buying patterns away from products and into travel and services, global shipping volumes steadily declined and so did spot rates. Prediction Background. Parcel Segment.

Predictive Analytics Software 52

Predictive Analytics Software Supply Chain Planning Software Supply Chain Software Cost Reduction Strategies 52

CH Robinson Transportfolio

APRIL 19, 2021

A contributing factor is inventory build ahead of the summer food and beverage season that begins with Memorial Day. Finally, the retail industry inventory-to-sales ratio continues at very low levels. As such, the order backlog of new tractor supply is growing, and new tractors ordered now will be delivered well into 2022.

Modeling 46

Modeling Supply and Demand Demand Planning Software Forecasting 46

Cathy Roberson

MARCH 21, 2022

Where's my package? But consumers also want the ability to track their packages in real-time. They also want to know when the package will be delivered at checkout time, not a day or so after the purchase, when the consumer receives an email from FedEx, UPS, or other last-mile providers.

Procurement Solutions 52

Procurement Solutions Logistics Network Optimization Software Optimization Software Inventory Management Software 52

ToolsGroup

OCTOBER 10, 2022

Like most industries, manufacturers around the world are feeling the pinch of inventory disruption brought on by shortages and other supply chain challenges. Depending on what report you read, manufacturers are either stockpiling inventory to meet service levels or scrambling to stock up on inventory and often miss the mark due to shortages.

Inventory Reduction 156

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Material Savings 156

Logistics Viewpoints

APRIL 14, 2023

Yum Brands – parent company of KFC, Pizza Hut, Taco Bell and The Habit Burger Grill – recently announced a new packaging policy prioritizing more sustainable options. In a blog post, Yum noted it is transitioning away from plastics and developing new packaging solutions as part of that policy. And now on to this week’s logistics news.

Logistics Network Optimization Software 205

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ToolsGroup

AUGUST 12, 2022

Using shop-by-store features to check inventory availability before going to make purchases in-store. 2022’s Top Omnichannel Retail Trends. 2022’s Top Omnichannel Retail Trends. Omnichannel is king in 2022. . Inventory Visibility. Researching products in-store then buying online.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

SYSPRO Smarter ERP

DECEMBER 15, 2021

51% said they expect full recovery by end of 2022. 13% acknowledged benefit from stimulus packages. in 2020/21compared to growing 2.5% There is a need to create relevant investments to enable best customer service from minimum investment in inventory. These are the key findings which may apply to a degree globally.

Manufacturing Procurement 104

Manufacturing Procurement Kenya Distribution Supply Chain Planning Software 104

Supply Chain Matters

JANUARY 11, 2023

In July of 2022, Supply Chain Matters provided our readers added perspectives and highlights regarding supply chain planning technology provider Logility’s acquisition of supply chain network design technology start-up Starboard Solutions. Background. Added Importance.

Network Design Software 52

Network Design Software Logility Procurement Solutions Supply Chain Design Software 52

6 River Systems

OCTOBER 14, 2022

Without it, your inventory stays on the shelf, and your customers look elsewhere to get what they need. Inventory management techniques. It involves: Inventory management. This capacity isn’t just about customer service, either — it’s about inventory management. Inventory management techniques. Warehousing.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 52

Unleashed

JULY 5, 2022

So how are these trends changing the industry, and what can we expect in 2022 and beyond? How is the alcohol industry changing in 2022? There has been a squeeze on transport and a shortage of glass bottles , in particular, meaning manufacturers have had to search for other options to package and deliver their products around the globe.

Trends 97

Trends Industrial Industry Manufacturing Procurement 97

Unleashed

JUNE 23, 2021

2021 has been a tumultuous year, marking a transition period from the chaos of 2020 through to the beginning of the post-Covid-19 recovery. Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. 10 inventory management for 2022: 1.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

NC State SCRC

JULY 9, 2021

This was soon forgotten by most people… unless you are a buyer of resins, packaging material, and other inputs into manufactured products. During COVID, people were driving less, and consumed less gasoline… so inventories of poly necessarily dropped as well.

Supply and Demand 45

Supply and Demand Louisiana Real Estate North America 45