Enterra Insights

FEBRUARY 8, 2022

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] Retail Trends. This trend was reflected in holiday spending. Digital Path to Purchase taken more often.

Trends 130

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Logility

AUGUST 25, 2021

ATLANTA (August 25, 2021) American Software, Inc. NASDAQ: AMSWA) today reported preliminary financial results for the first quarter of fiscal year 2022. million for the same period last year, and Software license revenues were $0.5 million for the same period last year, and Software license revenues were $0.5 Trinseo S.A.,

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Enterra Insights

FEBRUARY 3, 2020

Daphne Howland ( @daphnehowland ) reports any eulogies being written about brick-and-mortar retail’s demise are premature. ”[3] Below are few of the retail trends and predictions provided by subject matter experts. Retail trends. ” Trend 2. The trend is clearly towards same-day delivery.

Predictive Analytics Software 100

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ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 84% of buyers read the return policy before making an online purchase.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

GlobalTranz

SEPTEMBER 23, 2021

Increasing fuel costs also play into the available capacity woes.? ? on-highway diesel fuel prices are up $0.898 from the end of August 2020. Download the White Paper: Over the Road Freight Management Trends. A Possible Stimulus on the Horizon May Increase the Challenge of Procurement Through Peak Season. Focusing on the?

Prescriptive Analytics Software 308

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Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. The solution was too black box.

Optimal Sourcing 219

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Enterra Insights

MARCH 30, 2022

According to the staff at Scorpion Planogram, at the height of the pandemic, “Many [consumers went] to brick-and-mortar stores with specific purchases in mind, whether that meant a large, well-planned grocery trip or an expedition to find a good reusable mask.”[2] What are they buying online for curbside pickup or delivery?

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

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

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Enterra Insights

MARCH 1, 2022

”[3] Below are some of the trends affecting the food and beverage landscape. Food and Beverage Trends. The IFIC staff predicts, “Unsurprisingly, the pandemic lockdowns for many Americans marked a period of food indulgence and dietary backsliding. In 2020, 57% of American households purchased plant-based foods.”

Beverage 173

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Enterra Insights

JANUARY 26, 2021

To narrow the discussion, I will look at the technology trends identified by two of the world’s largest consulting firms — Deloitte and Gartner. Each firm has identified nine technology trends they believe will have significant impacts on businesses over the next couple of years. Below are Deloitte’s nine technology trends.

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Enterra Insights

JANUARY 29, 2021

”[1] CPG reporter Paul Hiebert ( @hiebertpaul ) believes the CPG sector’s strong performance will continue in 2021. ”[2] Below are some of the other trends experts suggest are impacting the CPG sector. .”[2] ”[2] Below are some of the other trends experts suggest are impacting the CPG sector.

Packaging 100

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Supply Chain Shaman

JULY 25, 2021

of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? Another misconception is that enterprise resiliency only started to decline in 2020 with the pandemic. Reversing The Trend. How do we reverse the trend?

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Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. A Statista study found that in 2020, the furniture and appliance e-commerce global market volume was $383.2B. Three Ways Technology Creates Better Big & Bulky Deliveries.

Supply Chain Planning Software 192

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 192

Locus Robotics

JANUARY 2, 2024

There are five pivotal solutions and trends that are reshaping the logistics landscape. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Enterra Insights

DECEMBER 26, 2022

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S. ”[2].

Pricing Training 130

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GlobalTranz

JANUARY 22, 2018

billion in 2018 alone, reports Michael Kotelec of Manufacturing.net , and this will bring a strong, robust boost to efficiency and productivity in manufacturing. Artificial Intelligence Tools Increase in Usefulness and Depth. Adoption of Analytics Will Increase. However, the risk is well worth it.

Manufacturing Procurement 199

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Locus Robotics

JANUARY 2, 2024

There are five pivotal solutions and trends that are reshaping the logistics landscape. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Enterra Insights

JUNE 7, 2021

“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. ”[1] Consumer Packaged Goods (CPG) manufacturers were not immune to this trend. . ” 1. .”[4] ” 1.

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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

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Enterra Insights

FEBRUARY 8, 2021

”[1] She adds, “The biggest takeaway from 2020 is the shift to ecommerce; consumers have embraced online shopping with vigor and retailers have responded with the speedy rollout of new technologies, new apps and new ways of meeting shoppers’ needs. Retail trends in 2021. Even more stress on omnichannel operations.

Trends 100

Trends Retail Predictive Analytics Software Manufacturing Procurement 100

Enterra Insights

NOVEMBER 25, 2022

Business reporter Jordyn Holman ( @JordynJournals ) explains, “In 2020, it was pandemic closures and social distancing. They conclude, “This means that, even as the internet and smartphones have revolutionized the way we shop, the seasonal timing of our purchases hasn’t changed much.”

Purchasing Skills 130

Purchasing Skills Procurement Analytics Procurement Solutions Retail 130

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] Making the Best of a Growing Challenge.

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

Enterra Insights

NOVEMBER 14, 2022

Emily Moquin ( @emilybmoquin ), a food and beverage analyst, reports, “Persistently high inflation in the grocery category has led to persistently high consumer concerns. In response to these concerns, Moquin reports that consumers have changed their purchasing behavior in several ways. ” Consumer Behavior Trends.

Purchasing Skills 130

Purchasing Skills Price Reduction Turkey Food 130

Enterra Insights

FEBRUARY 3, 2021

Food industry reporters Jeff Wells ( @JeffWellsWH ), Sam Silverstein ( @SilversteinSam ), and Catherine Douglas Moran ( @c_douglasmoran ) note, “Having closed the book on one of the most tumultuous years in recent memory, grocers are now looking ahead to a 2021 filled with opportunity and uncertainty. Trends in the grocery industry.

Trends 100

Trends Industrial Industry Vendor Strategies 100

Unleashed

JANUARY 4, 2022

So what trends will we see in multichannel eCommerce in 2022 – and can SMEs leap on board with them? Read on for the 15 key multichannel eCommerce trends of 2022. Learn more: Guide to Effective Multichannel Selling What are the key trends in multichannel eCommerce for 2022?? We think so.

Trends 98

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Enterra Insights

MARCH 11, 2021

Long before the pandemic forced shoppers online, the trend was clear: Consumers were increasingly taking 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. ”[2]. .

Procurement Solutions 130

Procurement Solutions Omnichannel Forecasting Software Predictive Analytics Software 130

Logistics Viewpoints

FEBRUARY 3, 2022

Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend as a risk. Because switching from JIT to JIC is at best only a tool to address short-term problems and risk. JIT isn’t the main problem, and JIC isn’t a solution. Concurrent planning provides robust information and resilience.

Inventory Reduction 291

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 291

Enterra Insights

APRIL 6, 2021

That’s where forecasting and predictive analytics come into play. Predictive analytics involve techniques like data mining and machine learning to predict future trends from past and current data. You might be asking yourself: What is the difference between traditional forecasting and predictive analytics?

Predictive Analytics Software 113

Predictive Analytics Software Predictive Analytics Analytics Software Modeling Software 113

Logistics Viewpoints

DECEMBER 14, 2021

More than 30 Q-Commerce companies are currently operating in Europe, and half of them were founded very recently, in 2020. A McKinsey research from July 2020 found that during the pandemic, 75% of shoppers have switched between the brands they frequently shop from.”. Usually, this problem requires software to solve.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

EazyStock

JUNE 11, 2020

Market Trends for the HVAC Industry. What an inventory optimization tool like EazyStock will do is assign seasonal profiles to SKUs based on their demand history. No trying to remember when to order how many of which items from what supplier; the solution does the work automatically and accurately for you.

Procurement Solutions 52

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Enterra Insights

DECEMBER 16, 2021

.”[1] His prediction proved accurate. Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 percent higher than October 2020.”[2] ” At the moment, that prediction appears optimistic. In 2020, grocery prices increased 3.7%

Supply Chain Design Software 130

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Arena Solutions

APRIL 4, 2023

1 In 2018, the three engineering disciplines producing the most degrees were, mechanical engineering, with 31,936 degrees, computer science with 19,082 degrees, and electrical engineering with 13,767, 2 And in 2020, 199,790 degrees in engineering were awarded in the U.S. Breaking it down In the U.S. 3 What’s the allure?

Manufacturing Procurement 74

Manufacturing Procurement Sourcing Strategies Inventory Reduction Cost Reduction Strategies 74

Precoro

SEPTEMBER 4, 2023

Morgan Working Capital Index 2020 , there is significant capital trapped in the form of working capital that can become a vital source of additional liquidity for corporations. The cash conversion cycle (CCC), also called the net operating cycle, is a metric used to measure the efficiency of a company's cash management and liquidity.

Optimal Sourcing 59

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Enterra Insights

JULY 9, 2021

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] grocery sales by 11% in 2020, more than triple the growth of the previous two years, according to data from the U.S.

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

SYSPRO Smarter ERP

NOVEMBER 1, 2021

2020 SYSPRO research showed tha t 60% of businesses were impacted by supply chain disruptions during the pandemic. Here is a list of challenges and solutions for manufacturers to remain resilient and maintain growth momentum. We live in a time where we can purchase almost anything with a click of a button.

Manufacturing Procurement 111

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Predictive Analytics Software 111

Logistics Viewpoints

FEBRUARY 8, 2022

If 2020 and if 2021 proved anything, it’s that the omni-channel selling environment is here to stay. As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. But, as we know, supply chain conditions were far from perfect in 2020 and 2021.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 188

Enterra Insights

MAY 6, 2021

They are working on an artificial intelligence tool called SmartTensors. Hausman reports that many companies haven’t learned that lesson. She explains, “The tools for collecting data are better than ever, leading businesses to believe they should capture every bit of data available. Descriptive analytics.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130