Remove 2022 Remove Inventory Remove Sourcing Remove Study
article thumbnail

ToolsGroup-IHL Group 2022 Retail Inventory Study Shows Diminishing Customer Loyalty Due to Out-of-Stock Concerns

ToolsGroup

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. In July 2022, IHL and ToolsGroup surveyed U.S. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. Retailers can counter a staggering $1.9

article thumbnail

The 2022 Labor Shortage: 4 Concrete Tactics to Combat Employee Turnover and Source Staff

ToolsGroup

In the 2022 labor market, employees don’t want to be a cog in the wheel. Sarah Voorhees, VP of Demand and Inventory Planning at American Tire Distributors , is one such leader who emphasizes the importance of individual check-ins: A 1:1 conversation can be intimidating, though, especially if the person has sensitive concerns.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Top 15 Retail Trends for 2022

ToolsGroup

The Retail Trends Shaping How We Shop in 2022. Data source: eMarketer. As cited in Placer Lab’s Report on the Top 10 Retail Brands to Watch in 2022 , these smaller stores (down to 32,000 sq. Image source: Bring Me the News. eCommerce Purchases and “The New Normal” Retail Categories. Trust Google to have the answer.

article thumbnail

Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

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. Go to the source.

article thumbnail

How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. They don’t have an internal power source, so range and data storage is sacrificed to gain cost efficiency and lifespan. What is RFID Technology?

article thumbnail

Do You Need a Graph?

Supply Chain Shaman

In a recent study, roughly 1/3 of respondents were familiar or very familiar with the concepts of the Graph Approach. Current Familiarity with Analytic Concepts (Fall 2022 Snapshot) Preamble Supply chain leaders love their rows and columns. Or a unified data model across source, make, and deliver for planning? Stay tuned.

article thumbnail

10 Trends in Supply Chain Management & Logistics for 2022

Unleashed

We’ve read the market reports, trawled the internet and identified key areas of change, and here we break these down for you with 10 of the major trends we expect to see in this industry in 2022 and beyond. Any B2B business that still relies on sales reps, in-person meetings and phone calls may see itself fall behind as we move past 2022.