ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 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.

Inventory Management Software 80

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

ToolsGroup

JUNE 6, 2022

Solutions enable real-time inventory availability and fulfillment optimization for retailers. BOSTON—June 7, 2022 — ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Onera, a provider of real-time inventory availability and fulfillment software solutions to retailers.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

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. As a result, many retailers are sitting on excess inventory.”

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

ToolsGroup

AUGUST 18, 2022

From digitalization and changing workforces to trend reversals and inventory overloads, distributors have their hands full when it comes to tackling the latest supply chain challenges. It’s no surprise that things now look a little different in 2022. Omnichannel: E-commerce is projected to account for 20.4% billion a day.

Optimization Software 156

Optimization Software Modeling Supply Chain Planning Software Supply Chain Optimization 156

Enterra Insights

JANUARY 9, 2023

Jocz noted, “Purchases depend on consumers’ having disposable income, feeling confident about their future, trusting in business and the economy, and embracing lifestyles and values that encourage consumption. Omnichannel Operations. The importance of omnichannel operations came home to roost during the pandemic.

Trends 130

Trends Retail Predictive Analytics Software Omnichannel 130

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

The Logistics & Supply Chain Management Society

APRIL 26, 2022

As of January 1, 2022, it was taking a company an average of 73 days to deliver goods to truck or rail carriers after booking with an ocean carrier and completing the cross-ocean journey, according to E2open’s Ocean Shipping Index. Brand loyalty is no longer the driver for consumer purchasing decisions. HOW DID WE GET HERE?

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. Direct-to-consumer selling cuts out wholesalers In 2022 wholesalers are increasingly at risk of coming into competition with their own customers, as manufacturers look to sell directly to their consumers – skipping the traditional distribution model.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Unleashed

JANUARY 4, 2022

So what trends will we see in multichannel eCommerce in 2022 – and can SMEs leap on board with them? Read on for the 15 key multichannel eCommerce trends of 2022. Learn more: Guide to Effective Multichannel Selling What are the key trends in multichannel eCommerce for 2022?? We think so.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

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? Inventory management 1.

Inventory Management Software 98

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

Enterra Insights

DECEMBER 26, 2022

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S. ”[2].

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

ShipBob

JUNE 29, 2022

You need tools and technology solutions working together in order to receive payments, process orders, and send them to the fulfillment queue. In this post, we’ll take a closer look at what ecommerce enablement is, how to get started, and what software and tools you can use. Purchase a domain. Let’s find out.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Analytics Software Supply Chain Design Software 52

Enterra Insights

DECEMBER 19, 2023

First, there was the so-called “retail apocalypse,” then came the pandemic, which was followed by inventory challenges, inflation, and an economic slowdown. … Consumers want an omnichannel, integrated experience, Meitiner says. … … Consumers want an omnichannel, integrated experience, Meitiner says. …

Optimal Sourcing 130

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 130

Supply Chain Game Changer

MAY 6, 2022

If this tool is applied, the ads are placed on websites without human participation. It is also helpful for publishers and optimization of their inventories. Let us discover the basics of this modern tool and find out what the top channels for brands are. Many channels propose additional editing tools for the design.

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software Analytics Software Optimization Software 97

Elementum

OCTOBER 17, 2018

e-commerce market has nearly doubled in size since 2011, and is forecast to grow to $737B by 2022. As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. There are a few solutions for the problem of inventory management in the omnichannel era.

Inventory Reduction 68

Inventory Reduction Cost Reduction Strategies Inventory Management Software Inventory Management 68

Enterra Insights

APRIL 13, 2023

She reports, “Retailers like Best Buy, Party City, Walmart and Wayfair announced layoffs in 2022. Intelligent demand management software is the key technology enabler of lean retail merchandise management.” And a recent survey from job site ResumeBuilder found 61% of companies expect more staff cuts in 2023.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

ToolsGroup

OCTOBER 3, 2022

Yet according to retail advisory firm IHL , “The most significant challenges to inventory distortion are the availability of workers and the disruptions outside of the immediate control of the retailer.” in 2022, with Finance Minister Bruno Le Maire calling the shortage the country’s “second biggest emergency.”.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

ModusLink Corporation

DECEMBER 13, 2022

Still, accessorials may remain as they aren’t subject to the same lowering of typical per-mile costs (Flat World Global Solutions). US-based consumers evaluate pricing on every purchase, including considering the shipping costs associated with e-commerce. Cybersecurity Risk Management Will Grow More Important in Omnichannel E-Commerce.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Enterra Insights

AUGUST 23, 2022

For this to happen, though, retailers need to adopt the right omnichannel customer experience strategies and invest in infrastructure that will enable them to future-proof the way they interact with their customers.”[2] ” What is clear is that retailers need to invest in omnichannel operations. ”[8]. .”

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Enterra Insights

AUGUST 23, 2022

For this to happen, though, retailers need to adopt the right omnichannel customer experience strategies and invest in infrastructure that will enable them to future-proof the way they interact with their customers.”[2] ” What is clear is that retailers need to invest in omnichannel operations. ”[8]. .”

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Supply Chain Matters

MARCH 5, 2022

The Supply Chain Matters blog features our March 5, 2022 edition of This Week in Supply Chain Management Tech , a synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership. Names included in this edition include: RightHand Robotics.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Predictive Analytics Software Prescriptive Analytics Software 52

BlueYonder

AUGUST 17, 2023

What’s the real cost of inaccurate inventory management? IHL Services, a global research and advisory firm, estimates that inventory distortion — the combined cost of lost sales from out-of-stocks, along with the deep discounts required to sell overstocks — will drive a $1.77 trillion problem of inventory distortion.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

Enterra Insights

OCTOBER 3, 2022

As we all know, supply chain snarls disrupted last year’s holiday shopping season — with some inventory arriving well after the holidays ended. As a result, some retailers faced a glut of inventory. Instead of starting their holiday shipping in September or in August, many of them stocked up their inventories in June and July.”

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

Stord

APRIL 11, 2022

The out-of-stock sticker shock we experienced in the past few years is forcing retailers to take a hard look at how they plan inventory. Why Has Inventory Been so Hard to Come By? Near the start of the pandemic, the inventory-to-sales ratio in the U.S. This approach would have an inventory-to-sales ratio of close to 1.0.

Inventory Reduction 78

Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 78

ToolsGroup

DECEMBER 14, 2021

Supply Chain Shortages Impacted Consumer Purchases. Maybe its digital-only design fit more with the purchase activities of tweens and young adults everywhere. Given inventory challenges, retailers played their part in this trend, encouraging consumers to buy before Black Friday deals began. The Nintendo Switch?

Retail 156

Retail Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 156

Vinculum

JULY 9, 2022

At the heart of every growing eCommerce business doesn’t lie great sales or a great marketing strategy – how strategic your inventory management is what gears a successful product-based eCommerce business. Inventory Management may spiral out sometimes, but not with the best inventory management systems.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Predictive Analytics Software 52

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Vinculum

FEBRUARY 23, 2022

Saudi Arabian Warehouse Management Plans & Strategies for 2022 With the widespread COVID-19 pandemic, the level of uncertainty has risen to the pinnacle. The Warehouse Management software has reduced the workload from the head of the employees. Saudi Arabia trends and plan for Warehouse Management in 2022.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Supply Chain Planning Software Saudi Arabia 52

Cognira

NOVEMBER 8, 2022

November 8, 2022. With the changes in consumer behavior impacted by the pandemic and omnichannel revolution, many are curious how this year’s Golden Quarter will compare to previous years. Throughout this article, learn more about: 2022 Holiday Shopping Predictions. Holiday Purchases are Starting Early.

Retail 52

Retail Predictive Analytics Software Supply Chain Planning Software Scenario Planning 52

ModusLink Corporation

NOVEMBER 23, 2022

In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) With such drastically different challenges year over year, shippers and BCOs must bolster their business health by focusing on end-to-end e-commerce solutions.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

Cognira

NOVEMBER 8, 2022

November 8, 2022. With the changes in consumer behavior impacted by the pandemic and omnichannel revolution, many are curious how this year’s Golden Quarter will compare to previous years. Throughout this article, learn more about: 2022 Holiday Shopping Predictions. Holiday Purchases are Starting Early.

Retail 52

Retail Predictive Analytics Software Supply Chain Planning Software Scenario Planning 52

Vinculum

AUGUST 3, 2022

The pandemic has made consumers adopt the digital purchasing pattern shortly. In this article, we will talk about three key trends that will shape Asia Retail in 2022 are mentioned below: Shopping in the metaverse. The post Asia Retail 2022: 3 Trends To Watch appeared first on Vinculum Group.

Asia 52

Asia Trends Retail Demand Planning Software 52

Locus

AUGUST 2, 2022

” – Drivers of online purchases in the U.S. 2022, Statista. Giving a better view of stock levels allows them to make profitable inventory decisions. – Consumers want it all, National Retail Federation, 2022. ” with “Direct delivery to my home.” Buy Online and Pickup In Store (BOPIS).

Modeling 52

Modeling Modeling Software Optimization Modeling Trends 52

Vinculum

JULY 20, 2022

Digital purchasing has made people more comfortable and indulged in getting the products at their homes in real-time. The excellent part of online purchasing is that it adds more value to the shopping. They also keep track of the in and out of the stocks and have an eye on inventory management, logistics, and warehouse management.

Malaysia 52

Malaysia Modeling Software Trends Inventory Management Software 52

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.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Unleashed

AUGUST 23, 2022

For example, in the US, total eCommerce sales hit the highest point on record in 2021 and are on track to do it again in 2022 ( Oberlo ). Dreaming of an easy eCommerce inventory system? See multi-channel eCommerce inventory management in action. Learn more. What will you need to get started in eCommerce?

Inventory Management Software 98

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