Enterra Insights

MAY 31, 2022

The winning companies are those that correctly identify the problem to solve — the performance metric to improve. ” One of the first things Enterra Solutions ® does when we engage with a new client (or begin a new project), is to help them identify the data needed to achieve desired goals. They define the right goal to achieve.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Unleashed

JANUARY 24, 2022

We also give you the 10 best practices to reduce your spend on MRO goods while maintaining a steady flow of the items you need – including the KPIs and software that will assist you. Techniques for 2022 What is MRO inventory? MRO inventory can account for a sizeable portion of a business’ total procurement spend.

Inventory Reduction 98

Inventory Reduction Inventory Management Software Procurement Solutions Supply Chain Software 98

Logistics Viewpoints

FEBRUARY 3, 2022

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. For example, they reduced inventory planned for first quarter 2022 by $120M due to more accurate estimates of levels needed. A change to one link (e.g. on-time delivery).

Inventory Reduction 290

Inventory Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 290

BlueYonder

FEBRUARY 17, 2022

Focus on warehouse automation has come full circle since the last big automation movement of the ‘90s, but today with a significantly better set of tools and technological improvements enabling more robust digital transformation and warehouse automation. Investments in Transportation solutions is imperative.

Supply Chain Planning Software 70

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Analytics Software 70

Supply Chain Game Changer

SEPTEMBER 28, 2022

There are many ways to ensure conversion: Prompt the visitor to sign up for a newsletter Ask for contacts via a contact form Stimulate a purchase Getting a prospect’s email address in exchange for a piece of free, downloadable content. The simplest tool for auditing a website is Google Analytics. Analyze Competitors.

Procurement Analytics 85

Procurement Analytics Supply Chain Design Software Optimal Sourcing Analytics Software 85

Gravity Supply Chain

MAY 20, 2022

Spire and Gravity Supply Chain solutions helping restore flow of goods by giving customers more visibility and greater confidence to accurately predict delivery times. ” Providing solutions in the context of this reality is critical, and together Spire and Gravity Supply Chain Solutions are working to restore the global supply chain.

Supply Chain Planning Software 52

Supply Chain Planning Software Procurement Solutions Supply Chain Software Predictive Analytics Software 52

Locus

DECEMBER 23, 2022

According to a study, there were 268 million digital buyers in the United States in the year 2022 alone. Not only this, 62% of online shoppers in the US say delivery speed is what makes for a good purchase experience. percent in North America in 2022. You are bound to fail without a proper solution to support you there.

Analytics Software 52

Analytics Software Retail Supply Chain Planning Software Demand Planning Software 52

o9 Solutions

JANUARY 25, 2023

This blog explores how policy developments such as the digital product passport (DPP) alongside supply chain software can play a role as enablers. CO2 footprint, water use) ( Global Battery Alliance, 2022 ; European Commission, 2019). What is the digital product passport (DPP)? These range from mineral extraction (e.g.,

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Modeling Software Predictive Analytics Software 52

Supply Chain Game Changer

APRIL 22, 2022

You must track all the marketing analytics to know whether your efforts and money are going to be wasted or reaping greater profits for your startup. But tracking these analytics without expertise and experience is often a huge challenge. But tracking these analytics without expertise and experience is often a huge challenge.

Expense Reduction 89

Expense Reduction Cost Reduction Strategies Waste Reduction Analytics Software 89

Locus

JULY 24, 2023

For instance, 41% of global shoppers expect same-day delivery for their purchases. accounting for 61 billion empty miles and 87 million metric tons of unnecessary annual emissions. Value of load matching in the last mile: In 2022, last-mile delivery witnessed a significant increase in total marginal costs , with a rise of 21.3%

Optimal Sourcing 52

Optimal Sourcing Sourcing Strategies Optimization Software Logistics Network Optimization Software 52

Supply Chain Game Changer

MAY 27, 2022

To do that, you can hire a professional, or you can use software to do that for you. If you want to provide the best customer experience , you need to understand their needs and offer a possible solution to their problems. You can either create Google Surveys or use other tools to help you determine customer satisfaction.

Sourcing Strategies 90

Sourcing Strategies Supply Chain Design Software Price Reduction Supply Chain Planning Software 90

Logility

OCTOBER 6, 2023

Integrations include cloud ERP systems, data warehouse solutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. What do these drivers and advantages mean for my business?

Supply Chain Planning Software 193

Supply Chain Planning Software Modeling Software Supply Chain Network Software Optimization Software 193

Precoro

FEBRUARY 12, 2024

According to the 2022 Deloitte Global Treasury Survey , CFOs consider improving liquidity risk management to be a top priority for their treasury departments. In order to make it as realistic as possible, it’s a good idea for treasury and finance departments to communicate closely with sales, procurement, and accounting teams.

Optimal Sourcing 102

Optimal Sourcing Expense Reduction Inventory Reduction Negotiating Skills 102

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. How can smart software assist your reverse logistics programme? More people are likely to purchase goods from an online store if they know they can easily return products that don’t suit.

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Cognira

JANUARY 8, 2024

A staggering 81% of consumers express a stronger inclination to make a purchase when enticed by a promotion. Customer Retention: Why It Matters Customer retention refers to the ability of a business to keep existing customers and generate revenue from them after their initial purchase.

Procurement Analytics 52

Procurement Analytics Strategy Price Mitigation Strategies Sustainability 52

Locus

DECEMBER 15, 2022

If you deal with delivery exceptions as an opportunity to improve post-purchase customer experience, it helps you get back your customers. To enable a delightful post-purchase experience, it is essential to have successful delivery exception responses. Proper live tracking page.

Real-time Visibility 52

Real-time Visibility Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 52

Unleashed

JUNE 23, 2021

With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream. Easily connect high-value tools that utilise new data capabilities, like ERP, inventory management for manufacturers, smart accounting software, CRM, etc.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

Unleashed

DECEMBER 6, 2021

For any wholesale business, software has become critical to survival. So what should you keep an eye out for when you’re shopping around for wholesaling software? Learn more: Handle your wholesale orders with confidence Why is dedicated software so crucial for a wholesale SME? That place in between? split shipments). ?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Cognira

NOVEMBER 28, 2023

However, with the emerging trends and shifting consumer behavior, retailers need to identify these patterns and act accordingly by leveraging new technologies and implementing modern and smart promotion management methods and tools to gain a competitive edge. compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

ShipBob

MAY 19, 2023

Doing this helps reduce holding costs and frees up cash for the retailer to purchase new, more season-appropriate products. Markdowns also help encourage impulse purchases. According to Adobe Analytics , in 2022, US shoppers spent 35.3 This prevents them from waiting for a predictable weekly promotion to make a purchase.

Material Savings 52

Material Savings Price Reduction Inventory Reduction Cost Reduction Strategies 52

ShipBob

OCTOBER 19, 2023

This metric helps you understand how efficiently you’re making use of available space, which has an influence on profitability and operating efficiency. It’s likely that you have limited capacity because you’re using the wrong storage solutions and arranging them incorrectly.

Warehousing 52

Warehousing Inventory Reduction Waste Reduction Price Mitigation Strategies 52

Intelligent Audit

JANUARY 18, 2022

Actionable analytics and meaningful logistics intelligence are essential elements in freight. Actionable analytics gather large volumes of data and interpret it in a meaningful way, translating it into effective business strategies. Provide Discounts on Worthy Purchases. Analytics Transform Data Into Actionable Insights.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 52

ShipBob

NOVEMBER 15, 2022

Understanding your key performance metrics, sales data, site performance, and channel efficiency will uncover meaningful insights about your business and customer loyalty. Read on to answer: What are Shopify data analytics? What are different types of Shopify reports and metrics? Note which key metrics to keep a pulse on.

Procurement Analytics 52

Procurement Analytics Analytics Software Predictive Analytics Analytics 52

Zipline Logistics

JANUARY 17, 2023

It’s no secret that many consumers now consider the sustainability of a product before purchasing, much like they consider price or quality. At the end of 2022, Tesla delivered its first semis to PepsiCo. Tracking Key Metrics to Drive Sustainable Logistics Performance Improvement . Electric Vehicles . million cars from U.S.

Resource Reduction 78

Resource Reduction Waste Reduction Vendor Strategies Optimal Sourcing 78

Supply Chain Game Changer

FEBRUARY 15, 2022

For many people who work in Supply Chain Management, or for those on the outside, it functions on the foundation of processes, formulae, and metrics. I had learned deep analytical skills, organizational and planning skills, learning abilities and more. Creating a High Performance Organization! Infographic).

Supply Chain Design Software 92

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Inventory Management Software 92

Unleashed

JANUARY 25, 2023

In fact, in the UK alone average inventory values jumped nearly 100% from 2019-2022 , while gross margin return on investment (GMROI) dropped 76%. It allows a business to progress and make the purchases necessary to perform and scale with maximum efficiency. Offer bulk-purchase discounts or throw a 2-for-1 sale.

Material Savings 98

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 98

o9 Solutions

NOVEMBER 10, 2022

Within an organization, sustainability data is found in environmental, procurement, financial, product lifecycle, regulatory compliance, human resource management, ERP, and logistics systems (e.g., More automated ESG data management processes can provide a higher level of assurance (Deloitte, 2022). WMS and TMS). How can we help?

Supply Chain Planning Software 52

Supply Chain Planning Software Data Optimal Sourcing Procurement Analytics 52

Enterra Insights

AUGUST 19, 2020

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. And, as commerce gets smarter and expands into more channels, supply chains are turning to IoT-based smart solutions.”[3] ”[1]. The Internet of Things (IoT). ” The Cloud.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

Intelligent Audit

FEBRUARY 17, 2022

Maersk , a global leader in transportation, supply chain and logistics management, and general freight, announced February 9, 2022, “The intended acquisition of Pilot Freight Services (Pilot), a leading U.S.-based Why Did Maersk Acquire Pilot Services? While a nice outlook, it is subject to change. Speak to an expert today. .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

ShipBob

MARCH 3, 2022

Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for. In January 2022, the variable cost incurred was $3,000, which includes the raw material, electricity, and labor. Profit is secured when cost per unit < price per unit.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Enterra Insights

MARCH 16, 2022

Consumers, on the other hand, constantly complain about being bombarded with advertisements (even while acknowledging many of their purchases are a direct result of learning about a product or service through an ad). ”[5] Data analytics, of course, isn’t the end game. ” Digital Media Solutions. [5]

Modeling 130

Modeling Optimization Modeling Procurement Analytics Modeling Software 130