Enterra Insights

FEBRUARY 8, 2022

Digital Path to Purchase taken more often. During the early days of the pandemic, consumers were often forced to take the digital path to purchase. percent of all retail sales [in 2021], according to the Mastercard report. ” The New York Times, 26 December 2021. [2] ” The New York Times, 26 December 2021. [2]

Trends 130

Trends Retail Procurement Analytics Procurement Solutions 130

Enterra Insights

SEPTEMBER 30, 2022

One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. Analysts from Chicory note, “The grocery shopper’s path to purchase from digital to in-store and other online environments has always been obscure.”[2] The Wall Street Journal, 16 April 2022. [5]

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

Enterra Insights

OCTOBER 12, 2021

In a new paper submitted to the peer-reviewed Artificial Intelligence journal, scientists at U.K.-based ” McKinsey & Company analysts, Jacomo Corbo, Oliver Fleming, and Nicolas Hohn, note that reinforcement learning was used in advance of the 2021 America’s Cup yacht races to improve boat design and performance.

Supply Chain Design Software 200

Supply Chain Design Software Optimization Software Forecasting Software Modeling Software 200

Enterra Insights

JUNE 25, 2021

The 2021 holiday shopping season could be hugely successful if recent trends continue. Kearney’s Consumer Products and Retail Practice, asserts, “Retailers need to review forecasts and inventory commitments for Holiday 2021 which could be a blockbuster. For example, overall retail sales in April rose by 51.2% year-over-year.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

ToolsGroup

DECEMBER 20, 2021

This backlog created both a shift in the “normal” peak season, as well as panic buying — meaning no relief during a normally slow Q1 in 2021. . Assessed by Drewry, as of December 2021, the average composite index of the World Container Index was $7,447 per 40 foot container – $4,738 higher than the five year average of $2,709.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194

Enterra Insights

AUGUST 23, 2022

Journalists from the Wall Street Journal explain, “When millions of locked-down Americans went online during the Covid-19 pandemic, it looked like the possible start of a permanent shift in consumer behavior. During the pandemic, Enterra Solutions ® created the Enterra Global Insights and Decision Superiority System to do just that.

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Enterra Insights

AUGUST 23, 2022

Journalists from the Wall Street Journal explain, “When millions of locked-down Americans went online during the Covid-19 pandemic, it looked like the possible start of a permanent shift in consumer behavior. During the pandemic, Enterra Solutions ® created the Enterra Global Insights and Decision Superiority System to do just that.

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Supply Chain Shaman

SEPTEMBER 5, 2022

Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. When it comes to inventory and driving improvement in the face of variability, there are five issues: Poorly Implemented Advanced Planning Solutions. IBM, in contrast, purchased over fifteen supply chain acquisitions but drove little innovation.

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Enterra Insights

MAY 6, 2021

They are working on an artificial intelligence tool called SmartTensors. She explains, “The tools for collecting data are better than ever, leading businesses to believe they should capture every bit of data available. That’s the key question descriptive analytics solutions tackle.” 2. Diagnostic analytics.

Prescriptive Analytics Software 130

Prescriptive Analytics Software Analytics Software Data Supply Chain Network Software 130

Enterra Insights

DECEMBER 7, 2022

Last December, reporter Jeanna Smialek wrote, “Inflation has become central to the American zeitgeist in 2021 in a way that it hadn’t been for decades.”[1] ” What the authors are trying to explain is how much purchasing power a specific amount of money had relative to today. .” ” Inflation Explained.

Purchasing Skills 130

Purchasing Skills Scenario Planning Policies New York 130

Enterra Insights

JUNE 18, 2021

He writes, “The free Responsible Sourcing Tool helps visualize how human trafficking could enter your supply chain. Another tool, provided by the Bureau of International Labor Affairs, is the virtual List of Goods Produced by Child Labor or Forced Labor.” It’s the result of collaboration between the U.S.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 130

Enterra Insights

JULY 9, 2021

” Valandingham adds, “Curbside pickup, mobile apps and e-commerce purchases helped shoppers overcome their concerns about in-store shopping while allowing them to get the groceries they needed (and keep you busier than ever). billion in the first quarter of 2021, up nearly 120% compared to the preceding quarter.”

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Enterra Insights

SEPTEMBER 7, 2021

People (and our purchasing decisions!) Advanced omnichannel analytics and deep listening software can help you track emotion on every channel your brand and customers use. He explains, “[Technology solutions are] only as powerful as the humans who use them. ” Concluding Thoughts.

Sourcing Strategies 147

Sourcing Strategies Analytics Software Procurement Solutions Supply Chain Software 147

Enterra Insights

NOVEMBER 22, 2022

”[4] She adds, “Curbside pickup, BOPIS and other ‘omnichannel’ approaches meant to make shopping seamless no matter the point of purchase — in-store, by phone, app or desktop — were already gaining traction before the coronavirus crisis took hold in early 2020. ” Omnichannel Challenges. Footnotes. [1]

Omnichannel 130

Omnichannel Purchasing Skills Agile and Lean Supply Chain Procurement Analytics 130

Enterra Insights

SEPTEMBER 13, 2022

They fought back and were making headway against private-label products at the end of 2021. 19 [2021], sales of brand names rose 3.6% Reiss notes, “Many retailers make incorrect assessments about what consumers are actually purchasing or hope to purchase a product. to $142 billion.”[3] Footnotes. [1]

Packaging 130

Packaging Manufacturing Procurement Food Procurement Analytics 130

Enterra Insights

AUGUST 16, 2022

Other solutions, like click-and-collect, are intended to shift part of the delivery weight back to customers. According to Sokolovsky, “Because customer demand is constantly changing based on seasonality and other factors, flexibility and scale are vital to creating sustainable last-mile delivery solutions.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Enterra Insights

AUGUST 16, 2022

Other solutions, like click-and-collect, are intended to shift part of the delivery weight back to customers. According to Sokolovsky, “Because customer demand is constantly changing based on seasonality and other factors, flexibility and scale are vital to creating sustainable last-mile delivery solutions.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Supply Chain Opz

APRIL 1, 2018

Then, we use these criteria to rank the books, - Practicality: we look closely at how each book can provide basic concepts and strategies of the "Integrated Logistics Functions", namely, customer service, purchasing, production planning, warehousing, and transportation in a clear and concise manner. Best Logistics Books are as below: 1.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

Supply Chain Matters

AUGUST 22, 2022

CEO Doug McMillon indicated at the time that consumers were being impacted by the effects of high inflation and were purchasing more affordable food and groceries, shunning discretionary purchases. According to reporting by The Wall Street Journal , inventory levels at Kohl’s rose 48 percent compared to year ago levels.

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Intelligent Audit

FEBRUARY 23, 2022

In January, the National Retail Federation (NRF) reported that: Retailers expect consumers to return more than $761 billion in merchandise purchased in 2021. Of that total, nearly 30% ($218 billion) were online purchases. The Search for More Solutions. the year prior. .

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Logistics Optimization Software 52

Supply Chain Matters

JANUARY 18, 2023

Supply Chain Matters highlights reports that Rivian Automotive fell short of its 2022 vehicle production goal and that several top executives have departed the company, including the company’s purchasing head. In December 2021, the company announced plans to invest in a second U.S. Executive Departures. Bob Ferrari.

Supply Chain Design Software 59

Supply Chain Design Software Expense Reduction Manufacturing Procurement Price Reduction 59

Enterra Insights

SEPTEMBER 28, 2020

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data analytics and cognitive risk sensing are becoming increasingly important tools for organizations.” With AI/ML relying on data, cleaning tools and governance must be in place.

Data 100

Data Analytics Software Supply Chain Design Software Sourcing Strategies 100

NC State SCRC

DECEMBER 15, 2022

In today’s Wall Street Journal , I was interviewed regarding a case that was just filed against Amazon by a large robotics , claiming that the e-commerce giant backed away from promises made early in the Covid-19 pandemic to support the supplier with millions of dollars in new purchases.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

ToolsGroup

APRIL 1, 2022

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

NC State SCRC

FEBRUARY 20, 2023

Over the decades, EDI standards emerged that cover a variety of supply chain artifacts and activities , from Purchase Orders & Acknowledgements (EDI 850 & 855) to Invoices (EDI 810) to Shipping Manifests (EDI 856). Regardless, a solution already exists that most data analysts around the world are skilled in: SQL.

Analytics Software 52

Analytics Software Supply Chain Planning Software Modeling Software Data 52

Talking Logistics

DECEMBER 1, 2017

BluJay Solutions Unveils MobileSTAR. Kane Is Able Purchases Vintners Logistics. year-over-year in October, reaching an all-time high…Online freight marketplace DAT Solutions LLC said it saw the highest number of weekly loads in mid-November than it had ever measured for spot van freight, with demand up 20% year-over-year.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Network Software Optimization Software 0

Intelligent Audit

OCTOBER 20, 2021

Standards and opportunities in logistics appear to be changing as LaserShip has now purchased OnTrac, notes Jennifer Smith of The Wall Street Journal , to expand operations with plans on creating a national parcel carrier that will help the two companies grow and stay competitive. for roughly $1.3

District of Columbia 52

District of Columbia Procurement Solutions Purchasing Skills Procurement Analytics 52

Supply Chain Matters

OCTOBER 7, 2022

The Wall Street Journal reported this week ( Paid subscription or metered view ), that fashion and apparel retailer Macy’s has managed to avoid the significant excess merchandise inventory levels that are challenging other retailers.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Price Reduction 52

Enterra Insights

MARCH 19, 2021

Long before the pandemic forced shoppers online, the trend was clear: Consumers were increasingly taking the digital path to purchase. According to Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, Your Grandmother Has Discovered the Joys of eCommerce. March 19, 2021. Stephen DeAngelis.

Procurement Solutions 130

Procurement Solutions Omnichannel Forecasting Software Predictive Analytics Software 130

Enterra Insights

MARCH 22, 2022

They serve as distribution hubs and convenient places for shoppers to pick up and return online purchases.” Digital transformation forced brick-and-mortar outlets to evolve as more of the path to purchase shifted online. 3] Michelle Evans, “ Three Ways The Future Retail Store Will Change ,” Forbes, 1 December 2021. [4]

Retail 147

Retail Procurement Solutions Procurement Analytics S&OP 147

BlueYonder

DECEMBER 22, 2020

This blog is based on an article that recently ran in the Journal of Supply Chain Management, Logistics & Procurement, “ Supply chain agility: An imperative in an unpredictable world.”. In today’s age of great volatility, agility has become the new competitive differentiator. Going Digital to Interact with Your Ecosystem.

Agile and Lean Supply Chain 91

Agile and Lean Supply Chain Supply Chain Execution Supply Chain Planning Software Supply Chain Software 91

Cathy Roberson

NOVEMBER 10, 2021

There’s been a number of technology solutions to enter the market to help speed up and lower the cost of processing returns. In addition, there’s been a number of outsourced solutions from 3PLs and other solution providers. between 2018 and 2020, $389 million to $522 million. Not a good thing to do.

Purchasing Skills 57

Purchasing Skills Reverse Logistics Supply Chain Optimization Supply Chain Software 57

Cathy Roberson

SEPTEMBER 7, 2021

The company estimates that China could account for less than 30% of its sales at the end of 2021, down from about 50% in 2018. Ocean freight solutions Ocean rates and capacity have been a big concern for all shippers for quite some time. I’m also an analyst at the Journal of Commerce.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Enterra Insights

JULY 6, 2021

When it looked like the Google decision to eliminate cookies was imminent, Michael Fuchs, Senior Vice President at Merkury Solutions, wrote, “The death of the cookie may not rank in your top five stressors going into 2021, but if you don’t already have a strategy in place, it might be.”[2] What the Delay Means.

Demand Planning Software 130

Demand Planning Software Predictive Analytics Software Modeling Software Procurement Solutions 130

Enterra Insights

JANUARY 6, 2022

Even in a fast-paced industry like retail, there are more proof-of-concepts than end-to-end business solutions offering cognitive capabilities.” billion in 2021 to more than $204 billion in 2025.” ” Cognitive solutions can also be used to help retailers understand sources of inventory shrinkage and loss.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

Requis

MAY 22, 2020

In the 1990s, purchasing managers were focusing on how to beat up their suppliers in order to buy cheaper. Meanwhile, salespeople for suppliers were trying to work around procurement. Tom Linton and I will be talking more about this in our next book, due in 2021, called The Physics of Supply Chain. Everything is changing.

Data 52

Data Manufacturing Procurement Supply Chain Design Software Agile and Lean Supply Chain 52

Enterra Insights

MAY 9, 2022

By evaluating where sales are happening based on actual purchase data, we see that omni customers — those who shop with a brand both online and in-store — spend significantly more. The activist push follows a decision by the owner of Saks Fifth Avenue in early 2021 to do just that.”[5]. ”[5]. ” Concluding Thoughts.

Omnichannel 130

Omnichannel Retail Purchasing Skills Inventory Reduction 130