ToolsGroup

OCTOBER 3, 2022

Retail workers are at the heart of the economy, making the continued retail labor shortage a top challenge for retailers–one that appears here to stay. For example, according to a recent PwC survey, acquiring and maintaining talent is one of the top two risks for business executives. The Need for Corporate Retail Talent.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Logistics Viewpoints

FEBRUARY 2, 2024

The retailer plans to double the number of sites in the coming years and currently operates more than 55 dedicated same-day sites across the U.S. Congress established the program in 2021 through the BIL and dedicated $5 billion to the program over a five-year period. Retailers estimate 13.7 Retailers estimate 13.7

Cost Reduction Strategies 236

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 236

Enterra Insights

AUGUST 5, 2022

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. ” To make room for new inventory, many of America’s largest retailers are steeply discounting excess goods this summer. .” … And it’s not just Walmart.”[2]. ”[2].

Supply Chain Planning Software 130

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BlueYonder

DECEMBER 1, 2022

The holiday shopping season started early this year as many retailers kicked off their annual promotions well before Black Friday weekend. To help uncover the latest consumer trends from this weekend, Blue Yonder surveyed over 1,000 consumers who shopped during one of the five shopping days (Thursday, Nov. 24-Monday, Nov.

Survey 64

Survey Purchasing Skills Supply and Demand Price Reduction 64

Enterra Insights

JULY 30, 2021

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. ”[2] Were that survey conducted today, I suspect an even larger number of consumers would report losing confidence in the supply chain.

Purchasing Skills 100

Purchasing Skills Procurement Solutions Procurement Analytics Supply Chain Software 100

Logistics Viewpoints

AUGUST 4, 2021

Just last month I noted that warehouse labor productivity was hindered extensively by COVID-19 and that 80 percent of ARC’s warehouse survey respondents anticipate an increase of order throughput volumes in 2021. Much of this e-commerce business may revert back to retail stores, but much of it is likely to remain e-commerce as well.

Supply Chain Software 233

Supply Chain Software Warehousing Real Estate Supply Chain 233

The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

The sixth assessment report by the Intergovernmental Panel on Climate Change (IPCC) published in August 2021 once again stressed the importance and urgency of decarbonising all sectors of the economy. This article sheds some light on sustainability considerations at the carrier-shipper interface by analyzing recent survey data.

Resource Reduction 237

Resource Reduction Cost Reduction Strategies Freight Optimal Sourcing 237

Enterra Insights

NOVEMBER 26, 2021

Finally, with supply chain snarls grabbing headlines and with the looming possibility of empty store shelves for the holidays, consumers will want to get a jump on the holiday by purchasing available products to ensure they have their gifts in hand ahead of the holidays. The report also said that 29% of U.S. ”[3]. ”[5].

Survey 130

Survey Supply and Demand Supply Chain Planning Procurement Analytics 130

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] How are retailers supposed to plan ahead with one foot in the past and one in the uncertain future?” ”[3].

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Logistics Viewpoints

APRIL 21, 2022

Earlier in 2022, we conducted a survey of 8,000 consumers across North America and Europe to get a better sense of their ecommerce experience and how they were reacting to retailer performance. On one hand, consumers expect to increase their online purchases post-pandemic. Here are three charts that paint the whole picture.

Optimal Sourcing 211

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Logistics Viewpoints

APRIL 7, 2023

According to the annual survey released by the National Retail Federation’s (NRF) and Prosper Insights & Analytics, consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 It’s also taking action against those caught selling them, according to the report. billion in 2020.

Logistics Network Optimization Software 188

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Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Walmart to buy Alert Innovation.

Logistics Network Optimization Software 186

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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 coming into the store for? And who are they choosing?

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

Zipline Logistics

MAY 25, 2021

While those in other sectors sputtered, brands and retailers alike spent much of the year trying to keep up with skyrocketing demand. A new report from the Food Marketing Institute and Boston Consulting Group highlights the effects increased demand had on organizations in the CPG marketplace. cost per case.

Procurement Analytics 69

Procurement Analytics Food Report Optimal Sourcing 69

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. Online grocery shopping.

Trends 100

Trends Industrial Industry Vendor Strategies 100

Enterra Insights

JANUARY 14, 2022

When retailers join in — which is most of the time — dance steps become even more complex. Most business consultants today urge CPG manufacturers and retailers to become consumer-centric and demand-driven. Nominal income gains were reported by survey participants, but half of all families anticipated reduced real incomes next year.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Enterra Insights

OCTOBER 7, 2021

.” When it comes to the retail sector, he certainly proved accurate. Many pundits note, as a result of lockdowns and store closures, e-commerce sales rushed years ahead of predicted totals. According to the National Retail Federation, non-store and online sales are expected to grow between 18% and 23% this year over 2020.”[2]

Modeling Software 130

Modeling Software Supply Chain Planning Software Procurement Analytics Analytics Software 130

Enterra Insights

NOVEMBER 14, 2022

Grocers, like other retailers, are seeing the impact of inflation on consumer behavior. Emily Moquin ( @emilybmoquin ), a food and beverage analyst, reports, “Persistently high inflation in the grocery category has led to persistently high consumer concerns. Purchasing prepared foods. FMI reports, “While most U.S.

Purchasing Skills 130

Purchasing Skills Price Reduction Turkey Food 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] With retail sales estimated to be $4.50

Waste Reduction 130

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

Logility

JANUARY 25, 2022

ATLANTA – January 25, 2022 – According to PWC’s December 2021 Global Consumer Insights Pulse Survey , about half of respondents consciously consider factors related to sustainability when making purchasing decisions. s current Form 10-K and other reports and documents subsequently filed with the SEC.

Supply Chain Planning Software 204

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 204

GlobalTranz

APRIL 6, 2021

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Panic Buying Challenged Retailers and Suppliers. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. What do we mean by that?

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Enterra Insights

OCTOBER 21, 2021

For decades, retailers have dealt with a slew of post-holiday returns. Before the advent of e-commerce, retailers simply beefed up their returns department to deal with the long lines of unhappy consumers returning unwanted ties, ill-fitting clothing, or other unwanted items. ”[2]. But this isn’t always the case. ”[3]. .”[3].

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Enterra Insights

FEBRUARY 19, 2019

By now, most people are aware of the spate of retailer bankruptcies and store closures referred to in the press as the Retail Apocalypse. “For years now,” writes Ryan Lester, Director of Customer Engagement Technologies at LogMeIn, “traditional retail stores have been under attack. ”[5].

Retail 100

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

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. Spotting trends, therefore, becomes an essential part of any retailer’s success. More and more retailers are turning to cognitive technologies to help them know their customers better. ”[3].

Trends 100

Trends Retail Big Data Price Reduction 100

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. ”[3] The marketing staff at the MBB Agency reports consumers check their smartphones nearly four dozen times a time. ” 1. .”[4]

Procurement Solutions 130

Procurement Solutions Manufacturing Procurement Procurement Analytics Supply Chain Design Software 130

Cognira

NOVEMBER 8, 2022

The Golden Quarter is Here: How Retailers can Succeed this Holiday Season. Retail AI/ML & Data Science. And just like that, we have approached the busiest season for retailers. How will this impact retailers and their promotion planning? Throughout this article, learn more about: 2022 Holiday Shopping Predictions.

Retail 52

Retail Predictive Analytics Software Supply Chain Planning Software Scenario Planning 52

Enterra Insights

DECEMBER 16, 2021

Back in April 2021, journalist Ben Popken ( @bpopken ) wrote, “Shoppers had better start budgeting more for their groceries, according to the latest consumer price index [CPI], which shows prices are increasing — and they’re likely to keep going up.”[1] ”[1] His prediction proved accurate. In November, the U.S.

Supply Chain Design Software 130

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

Cognira

NOVEMBER 8, 2022

The Golden Quarter is Here: How Retailers can Succeed this Holiday Season. Retail AI/ML & Data Science. And just like that, we have approached the busiest season for retailers. How will this impact retailers and their promotion planning? Throughout this article, learn more about: 2022 Holiday Shopping Predictions.

Retail 52

Retail Predictive Analytics Software Supply Chain Planning Software Scenario Planning 52

Ware2Go

APRIL 11, 2023

The return rate on ecommerce orders can be up to 35% higher than in-store purchases, and the method of return varies — from scheduled carrier pickups, to in-store returns, to dropoff centers. Those returns often can’t be re-sold, or retailers will lose money on a resale. In 2022 alone, eCommerce returns generated 9.5

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Cognira

DECEMBER 20, 2022

The Pressure is on – Why Retailers Need to Take Action on Green Retailing. Retail AI/ML & Data Science. Sustainability, a topic that has long been discussed, is becoming one of the most important strategic priorities for retailers. What is Green Retailing? Why invest in Green Retailing?

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

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. The mega online retailer accounted for a staggering 41.4%

Logistics Network Optimization Software 189

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 189

Enterra Insights

JULY 27, 2022

Thanks to the pandemic there has been a significant paradigm shift in the retail sector. ”[1] A survey conducted by Radial concluded, “Retailers’ omnichannel investments over the past two years have created a ‘hybrid’ shopper, as consumers blend e-commerce with in-store pickup options for ease and convenience.”[2]

Omnichannel 130

Omnichannel Resource Reduction Procurement Solutions Retail 130

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

Zipline Logistics

DECEMBER 1, 2020

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. Here are some things to look out for in 2021. Plant-based protein will continue to be a popular choice for consumers in 2021. Personalized Diet Food Trends.

Food 52

Food Trends Manufacturing Procurement Procurement Analytics 52

Supply Chain Matters

NOVEMBER 21, 2023

The National Retail Federation (NRF) anticipates that an estimated 182 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year , according to a prospective shopper survey released last week. percentage points. That equated to a range of between $957 billion to nearly $967 billion.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Forecasting Supply Chain Planning 52

Enterra Insights

JANUARY 26, 2021

.”[3] Deloitte analysts believe more business leaders now recognize that fact and are learning how to transform “a traditional cost center into a value driver.”[4] Moreover, they will begin transforming their supply chains from traditional back-office cost centers into value-driving operations.” ” Trend 6.

Supply Chain Design Software 113

Supply Chain Design Software Modeling Software Optimization Software Supply Chain Network Software 113

Enterra Insights

SEPTEMBER 1, 2021

One of the most prominent retail trends accelerated by the pandemic has been increased e-commerce sales. As the world continues to struggle with the effects of the pandemic, the digital path to purchase continues to see an increase in traffic. An enormous amount of retail sales are still made through more traditional channels.

Manufacturing Procurement 130

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