Remove 2022 Remove Big Data Remove Inventory Remove Procurement Solutions
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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. 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.

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Inventory Forecasting Explained: The 2022 Guide

Unleashed

A crystal ball sometimes wouldn’t go amiss in inventory forecasting. But in the absence of a magical tool, your best bet is to manage your stock by using industry techniques and technology. Read more: What is Inventory Management? Techniques for 2021 What is inventory forecasting?

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Trends 2022: Manufacturing

Enterra Insights

Anne-Marie Scott, Director of Manufacturing & Industrial Sales at Google Cloud, asserts, “In the new year, it’s paramount that businesses utilize tools to better manage supply chain processes. AI and ML systems, for example, enable scenario planning, demand forecasting, inventory positioning and overall greater awareness.

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Upgrading your Supply Chain Planning Software to the Cloud: Everything you need to know

Logility

Integrations for modern and frequent data updates – The Logility® Digital Supply Chain Platform includes a data integration layer that enables your organization to build modern integrations that support frequent data updates. Your organization can easily communicate and share data across its global supplier network.

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National Barcode Day 2022

Enterra Insights

Most of us understand that barcodes contain information that help retailers track inventory; however, few of us know much more about them. This gives a business constant access to up-to-date data, allowing it to quickly calculate meaningful metrics like inventory turn, value of inventory on-hand or sales per week by item.”

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The Digital Age is Still All About the Data

Enterra Insights

She explains, “This is for the sole reason that data has become one of the most critical aspects of businesses.” According to Yossi Sheffi ( @YossiSheffi ), Director of the MIT Center for Transportation & Logistics, big data is an organization’s most valuable asset. Unlocking the value of data. ”[3].

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.