Enterra Insights

AUGUST 5, 2022

Consumers continue to spend but not at the same rate as in 2021 and not on the items they couldn’t get enough of last year — furniture, appliances, exercise equipment, loungewear, etc. percent over 2021, with a jump of more than 15 percent for e-commerce. Between Thanksgiving Day and Cyber Monday in 2021, retailers brought in $33.9

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

Supply Chain Shaman

APRIL 9, 2021

The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. Even though a feasible plan is the most critical business user criterion for software selection, only one in two manufacturers surveyed believe they have the ability to model a feasible plan. Belief in efficient procurement.

Supply Chain Planning Software 357

Supply Chain Planning Software Procurement Analytics Supply Chain Performance Manufacturing Procurement 357

Unleashed

FEBRUARY 9, 2021

The way we eat, technology, people’s expectations — the knock-on effect of this is revolutionising much of the food industry, from the ingredients we buy to the food manufacturing software we use. So what are the food processing trends to watch out for in 2021? Safety standards in a post-Covid-19 world. Sustainability.

Food 94

Food Manufacturing Procurement Supply Chain Software Trends 94

BlueYonder

DECEMBER 1, 2022

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. With Blue Yonder’s Luminate Lifecycle Pricing solution, retailers can still be strategic about how much they markdown products. 24-Monday, Nov.

Survey 63

Survey Purchasing Skills Supply and Demand Price Reduction 63

NC State SCRC

MAY 30, 2022

The report was published in the last month, and reflects some of the increasing challenges and disparities that exist between procurement and supply chain executives. One of the problems that often emerges in organizations is not only misalignment between procurement and supply chain, but also between senior executives and their managers.

Supply Chain Execution 98

Supply Chain Execution Procurement Analytics Procurement Solutions Optimal Sourcing 98

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 204

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

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

ToolsGroup

AUGUST 18, 2022

Let’s quickly survey the post-pandemic landscape. Turnover: The number of supply chain managers leaving their jobs rose 28% between 2020 and 2021. Remote Working: Post pandemic studies show that 80% of those surveyed expect to work from home at least three days a week. Omnichannel: E-commerce is projected to account for 20.4%

Optimization Software 156

Optimization Software Modeling Supply Chain Planning Software Supply Chain Optimization 156

Synovos

FEBRUARY 21, 2023

Importance of Supplier Relationships in Indirect Procurement Challenging times call for closer relationships between organizations and their MRO suppliers Strong and successful indirect procurement strategies depend on strong and successful supplier relationships. Indirect procurement can be somewhat hidden, though.

Optimal Sourcing 52

Optimal Sourcing Procurement Analytics Procurement Solutions Procurement 52

Enterra Insights

JANUARY 6, 2022

He noted that a survey by IBM found that 83% of the retail executives surveyed believed cognitive computing would have a “critical impact” on the future of their organization. Even in a fast-paced industry like retail, there are more proof-of-concepts than end-to-end business solutions offering cognitive capabilities.”

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

HICX Solutions

JULY 4, 2022

Anyone who works in Procurement and Supply Chain will be aware of the level of change industries have been through in the past few years. The procurement function is no longer merely tactical but is becoming increasingly strategic. All of these factors have made Procurement and Supply Chain an incredibly exciting place to be.

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Procurement Charlotte 52

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

JULY 19, 2022

One of the behaviors to which they often point is an increase in online purchases. Even before the pandemic, consumers were trending towards more online shopping — making the digital path to purchase and omnichannel operations important for manufacturers and retailers. So it was a pretty safe bet that this trend would continue. .”

Procurement Solutions 130

Procurement Solutions Omnichannel Manufacturing Procurement Procurement Analytics 130

ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

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

Enterra Insights

JUNE 7, 2021

” For many consumers, the most important touch point they have on the digital path to purchase is their smartphone. The Mobile Phone Touch Point For years, the digital path to purchase has moved increasingly from personal computers to mobile technologies. ” 1. Mobile Coupons & Loyalty Programs. ” 2.

Procurement Solutions 130

Procurement Solutions Manufacturing Procurement Procurement Analytics Supply Chain Design Software 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. The results of the research are a good news, bad news story.

Optimal Sourcing 209

Optimal Sourcing Eliminating Excel in Purchasing Purchasing Skills Sourcing Strategies 209

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] trillion in 2021, the projection for returns is around $503 billion.”

Waste Reduction 130

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

Jaggaer

MARCH 23, 2020

This was all very well but unless you had a PhD in statistics or mathematics or an applied mathematics subject like risk management, analytics was not a whole lot of use to you; even if you could make sense of the complex algorithms, it was hard to work out which tools to apply. And that, of course, includes procurement professionals.

Procurement Analytics 78

Procurement Analytics Analytics Software Procurement Solutions Optimal Sourcing 78

Enterra Insights

JANUARY 14, 2022

Michael Baudendistel ( @FWavesRail ), an analyst and Market Expert at FreightWaves, reports, “There were some interesting, if perhaps intuitive, highlights from the latest University of Michigan Surveys of Consumers. Taking the Digital Path to Purchase. Purchasing Out of Necessity. ”[3]. Stable Consumer Behaviors.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Enterra Insights

NOVEMBER 14, 2022

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 prepared foods. ” Consumer Behavior Trends.

Purchasing Skills 130

Purchasing Skills Price Reduction Turkey Food 130

ToolsGroup

AUGUST 12, 2022

Using shop-by-store features to check inventory availability before going to make purchases in-store. When looking at how omnichannel retail increases sales, consider the fact that 54% of consumers say they are likely to look at a product online and then purchase it in-store. Buy online and return in-store (BORIS).

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

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

Supply Chain Game Changer

MARCH 18, 2021

Procurement teams article and permission to publish here provided by Sam Jenks. Procurement is a function that has long been at cross-roads; dare to transform within people, process & technology, or keep doing what has always worked just fine. Procurement practitioners are hard-wired to avoid risk and secure profit/cost gains.

Eliminating Excel in Purchasing 61

Eliminating Excel in Purchasing Optimal Sourcing Procurement Solutions Procurement 61

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

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. 84% of buyers read the return policy before making an online purchase. 84% of buyers read the return policy before making an online purchase. The Latest Trends in Retail Returns.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Ware2Go

NOVEMBER 15, 2021

Types of Warehousing Services Warehousing Service Level Agreements Retail Warehousing Strategic Warehousing Warehousing for Amazon Fulfillment Understanding Warehouse Management Systems (WMS) Criteria for Choosing a Warehouse Solution Warehousing FAQ’s. Small retailers may purchase wholesale items online at wholesale marketplaces like Faire.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

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 The survey indicates that 81 percent of Americans will celebrate the holiday and spend an average of $192.01, the highest figure on record.

Logistics Network Optimization Software 186

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Demand Planning Software 186

Enterra Insights

APRIL 13, 2023

He explains, “A survey by bargain retailer Ollie’s found that 54% of consumers feel it’s a compliment when someone calls them cheap. And a recent survey from job site ResumeBuilder found 61% of companies expect more staff cuts in 2023. .”[2] Nevertheless, she observes, “Retailers are more on edge.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 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 Omnichannel Consumer. during 2020. ”[3].

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

Logility

JANUARY 28, 2022

There has been a collective sense that 2021 was going to be the pivot, the year in which we would turn our backs on the pandemic and look forward to a better future. A 2021 McKinsey report suggests that COVID has put supply chain risk on everyone’s radar. And it was only the beginning.

Supply Chain Planning Software 130

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

Enterra Insights

OCTOBER 21, 2021

Often, retailers consider a product’s supply chain to be complete the moment that it is purchased or received by a consumer. Because the digital path to purchase can easily be abandoned, retailers understand that a good returns policy can be a competitive differentiator. Robinson Blog, 18 May 2021. [4] ”[3]. ”[3].

Reverse Logistics 130

Reverse Logistics Cost Reduction Strategies Material Savings Manufacturing Procurement 130

Unleashed

FEBRUARY 15, 2021

From the continuing impact of the global pandemic to the ever-increasing importance of ‘transparency technology’ and sustainable practices, the food industry has its work cut out for it in 2021. It’s become even more important that businesses navigate multiple supply chains with food manufacturing software. Meat alternatives.

Food 93

Food Trends Industrial Industry 93

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

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. Driving much of the disruption was the fact that COVID-19 changed what consumers purchased and how they purchased it. Overall, U.S.

Supply Chain Planning Software 189

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

Enterra Insights

MAY 24, 2021

According to Collins English Dictionary , to “change face” means “to rotate the telescope of a surveying instrument through 180° horizontally and vertically, taking a second sighting of the same object in order to reduce error.” I was surprised to learn there is another definition for the term “change face.”

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

Unleashed

JANUARY 13, 2022

The statistics here are drawn from data-based studies of SMEs in the UK and around the globe, including our 2021 Unleashed Manufacturing Report , which analyses over 70,000 data points on almost 400 UK manufacturers who use Unleashed inventory software day to day.

Manufacturing Procurement 98

Manufacturing Procurement Inventory Management Software Predictive Analytics Software Demand Planning Software 98