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

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

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

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

QAD

MAY 23, 2023

million people were in forced labor in 2021, with children accounting for more than 12% of that total. ESG Regulations are Driving Investment in Sustainable Procurement Regardless of where you stand on the ethics behind ESG issues, you’d think consumer demand would be a clear driver for sustainable product development.

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

Enterra Insights

JULY 19, 2021

While it is too soon to declare victory over the Covid-19 pandemic, brick-and-mortar retail is seeing signs of renewed vigor. For clothing, for instance, 25% of purchases are done on a whim versus 16% online, says market research firm NPD Group Inc.” retail sits at the edge of a second pandemic-fueled transformation.

Retail 130

Retail Procurement Analytics Purchasing Skills Research 130

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

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 65

Survey Purchasing Skills Supply and Demand Price Reduction 65

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 210

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 210

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] percent from September 2021 to October 2021 and was 5.4

Supply Chain Design Software 130

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

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. saying they expect 2021 sales to be higher than all previous years.”[5].

Survey 130

Survey Supply and Demand Supply Chain Planning Procurement Analytics 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. Logility is a wholly owned subsidiary of American Software, Inc. Logility, Inc., NASDAQ: AMSWA).

Supply Chain Planning Software 210

Supply Chain Planning Software Supply Chain Design Software Logility Supply Chain Network Software 210

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. She reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[2] With retail sales estimated to be $4.50 of sales, or $428 billion.

Waste Reduction 130

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

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

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

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

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 million attempts in 2021 and 6 million in 2020, it said. And now more retailers are exploring the use of on-demand boxing.

Logistics Network Optimization Software 187

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 187

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. ”[3].

Trends 100

Trends Industrial Industry Vendor Strategies 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. ”[4] The MBB staff goes on to recommend “three ways CPG brands can leverage these frequent mobile moments to impact purchase decisions.”

Procurement Solutions 130

Procurement Solutions Manufacturing Procurement Procurement Analytics Supply Chain Design Software 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

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. Embracing technology is part of that solution. Panic Buying Challenged Retailers and Suppliers. What do we mean by that? Let’s start here: what is supply chain resilience?

Supply Chain Planning Software 189

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

Enterra Insights

OCTOBER 7, 2021

.” When it comes to the retail sector, he certainly proved accurate. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies. ”[2] Straight calls e-commerce “the Energizer Bunny of retail sales.”

Modeling Software 130

Modeling Software Supply Chain Planning Software Procurement Analytics Analytics Software 130

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

Manufacturing Procurement Price Reduction Sourcing Strategies MRPeasy 130

Enterra Insights

JULY 9, 2021

”[2] As the grocery scene changes, Dawn Valandingham ( @Valandingham123 ), Senior Vice President of Retail at SPINS, writes, “Retailers need to ask themselves how they [will] meet the needs of shoppers who have a new outlook on food, work and daily life.”[3]. ”[3]. Confronting the New Normal.

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 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

NOVEMBER 14, 2022

Grocers, like other retailers, are seeing the impact of inflation on consumer behavior. In response to these concerns, Moquin reports that consumers have changed their purchasing behavior in several ways. In addition to comparing prices and purchasing fewer items, consumer behavior in recent months has changed in other ways as well.

Purchasing Skills 130

Purchasing Skills Price Reduction Turkey Food 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? Holiday Purchases are Starting Early. November 8, 2022.

Retail 52

Retail Predictive Analytics Software Supply Chain Planning Software Scenario Planning 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 188

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

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? Holiday Purchases are Starting Early. November 8, 2022.

Retail 52

Retail Predictive Analytics Software Supply Chain Planning Software Scenario Planning 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

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

Locus

DECEMBER 23, 2022

Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. This is reason enough for retailers to double down on their delivery efforts in the last mile. Retailers must be able to cater to the unique delivery preference of their customers. Download the Casestudy.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

Enterra Insights

JANUARY 26, 2021

A growing number are shifting to a fluid and agile process for formulating, evaluating, and executing corporate and business unit strategies by employing technology tools that continually sense, anticipate, and monitor the effectiveness of their strategic choices and execution.”[1] Increased Implementation of Cognitive Solutions.

Supply Chain Design Software 113

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

Ware2Go

JANUARY 10, 2022

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? The 2021 holiday shopping season was characterized by high freight rates, elevated lead times , and over-crowded warehouses. Supply chain procurement strategies had long been favoring Just in Time procurement.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Price Reduction 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. And we haven’t even begun to talk about waste.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

Enterra Insights

NOVEMBER 15, 2021

”[3] He adds: “ Analyzing the customer lifecycle allows you to better prepare your marketing, sales, and customer service teams to turn one-time purchasers into loyal promoters. The goal is to make customers repeat their purchases by matching the value proposition to their needs. ”[5].

Purchasing Skills 130

Purchasing Skills Supply Chain Design Software Procurement Solutions Price Reduction 130

Logistics Viewpoints

MARCH 3, 2023

And while this definitely points to an industry making strides, a recent Procurious survey found that 75 percent of women in supply chain experience gender-based adversity. This July, the company is moving forward with a supply chain services platform for retail partners across North America. Technology partner Fulfil Solutions Inc.,

Logistics Network Optimization Software 201

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 201

Ware2Go

FEBRUARY 2, 2022

Learn how fast shipping promises drive top of funnel purchase decisions and how merchants of all sizes can make fulfillment a competitive advantage. Many major retailers, seeing Amazon’s expanded offerings cutting into their top line revenue, quickly followed suit. A Look Back. Fast Shipping in 2022.

Shipping 98

Shipping Purchasing Skills Negotiating Skills Warehousing 98