Logistics Viewpoints

JUNE 1, 2023

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. In March 2022, online shopping was up 27% over the previous year. In 2022 overall, U.S.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Enterra Insights

AUGUST 5, 2022

For example, journalists Jason Lalljee ( @jasonlall9 ) and Madison Hoff report, “Walmart announced Monday that it will be implementing markdowns across its inventory in response to too much inventory and inflation affecting consumers’ ability to shop. … And it’s not just Walmart.”[2]. ”[2]. Power agrees.

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

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

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

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

Enterra Insights

MAY 25, 2022

It was also the period during which omnichannel took off, becoming a dire necessity.”[1]. Minkow reports her company’s top ten retailers this year are: Target, Apple Store, Sephora, Home Depot, DSW, Levi Strauss, Nike, Walmart, American Eagle, and Ulta. ”[1]. ”[2]. That isn’t always easy.

Customer Service 130

Customer Service Analytics Software Supply Chain Planning Software Optimization Software 130

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

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

Enterra Insights

NOVEMBER 14, 2022

Emily Moquin ( @emilybmoquin ), a food and beverage analyst, reports, “Persistently high inflation in the grocery category has led to persistently high consumer concerns. In response to these concerns, Moquin reports that consumers have changed their purchasing behavior in several ways. Omnichannel spending.

Purchasing Skills 130

Purchasing Skills Price Reduction Turkey Food 130

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point. The traditional sales rep approach is no longer what buyers are spending most of their time on when it comes to making purchases.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

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

Vinculum

JULY 18, 2022

Omnichannel Selling. Omnichannel selling put forward the concept of multiple platforms to enhance sales in a broader perspective. According to a report, mobile commerce will grow to 42.9% As per the Baymard Institution report, 17% of the consumers drive hard to get rid of the carts. Fast Checkouts. Debit cards.

Trends 52

Trends Modeling Software Optimization Software Optimal Sourcing 52

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas. .”[3]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 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. ”[3]. ”[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. ”[3]. ”[8]. .”

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. 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

ToolsGroup

OCTOBER 3, 2022

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 The risks surrounding the retail labor shortage aren’t new.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Locus

DECEMBER 22, 2021

Welcome to 2022: Top 10 Supply chain logistics trends to watch out for 2022. Jumping into the new year, it is crucial for businesses to understand the logistics trends that could impact their supply chains in 2022. Find out the most important logistics trends that could impact supply chains in 2022.

Logistics Network Optimization Software 52

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Supply Chain Game Changer

MAY 6, 2022

Programmatic advertising is the automatic purchase of advertising inventory on publisher sites. This service is used by many companies for the automation of their ad campaigns to purchase, place, track, and optimize the ads. It consists of an omnichannel DSP , platforms for data management, supply-side, and exchange of the ads.

Supply Chain Planning Software 97

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

ShipBob

JUNE 29, 2022

With the promise of convenience and time savings, people are increasingly turning to online stores to make their purchases. Purchase a domain. They can only assess items by pictures and descriptions while deciding to make a purchase. Recent ecommerce trends and why you should get involved. BigCommerce – Plans start at $29.95/mo.

Inventory Management Software 52

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

Enterra Insights

JANUARY 27, 2022

Technology writer Kaiti Norton ( @KitKatKaiti ) explains, “Digital transformation (DX) has been a buzz word in IT circles for years, and it’s expected to play an even bigger role in enterprise planning in 2022 than ever before. ”[3] Below are some of the digital enterprise trends organizations can expect to see in 2022. .

Prescriptive Analytics Software 182

Prescriptive Analytics Software Trends Predictive Analytics Software Analytics Software 182

Enterra Insights

DECEMBER 19, 2023

She cites Howard Meitiner , former president and chief executive officer of Sephora USA, who “thinks we’re going to see a lot of companies go out of business that are trying to prop up a business model that simply doesn’t work anymore. … Consumers want an omnichannel, integrated experience, Meitiner says. …

Optimal Sourcing 130

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

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

ToolsGroup

AUGUST 12, 2022

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . That’s where omnichannel retail trends enter the equation.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Locus

JULY 25, 2023

predicted that the retail industry in the Middle East and North Africa (MENA) is on the verge of a pivotal shift. “E-commerce A recent report predicts that by 2030 , the share of smartphone connections in the Middle East and North African (MENA) regions will reach 92 percent from 76 percent in 2022.

Optimization Software 98

Optimization Software Modeling Supply Chain Optimization Optimization Modeling 98

Vinculum

JUNE 6, 2022

As per Google’s Omnichannel Reality report, shoppers who frequently purchase from multiple platforms give 30% customer value compared to others. This is the only reason every brand, e-commerce, and retailer plans to invest in the Omnichannel platform to get considerable revenue. To enhance the customer segmentation.

Omnichannel 52

Omnichannel Modeling Software Analytics Software Retail 52

ModusLink Corporation

NOVEMBER 23, 2022

In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) Peak season is known as the time when retailers record significant hikes in sales ( DCL, 2022 ). NRF, 2022). Meanwhile, brick-and-mortar locations are focused on maintaining stock for purchases that are processed in person in real-time.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

Vinculum

APRIL 29, 2022

As per the Cross Border e-commerce market report 2022-2030, The information has made an in-depth analysis of growth, size, segments, and the cross-border e-commerce market share crystal-clear. The report has made a forecast analysis to handle the market from a broader perspective. Such a report is always good to handle.

Forecasting 52

Forecasting Forecasting Software Demand Planning Software Modeling 52

Vinculum

APRIL 26, 2022

These days brands are focused more on adopting Omnichannel Retail in terms of growth prospects to catch the eyes of the viewer. With the help of Omnichannel, consumer engagement increases both online and offline modes to enhance sales in the marketplaces. The post Why should Brands Adopt Omnichannel Retail in 2022?

Omnichannel 52

Omnichannel Inventory Reduction Cost Reduction Strategies Inventory Management Software 52

Vinculum

JUNE 3, 2022

As per the recent study, the COVID-19 pandemic has estimated the market size to be around US$ million in 2021 to manage the global Omnichannel Commerce software and platform and can be readjusted to USD million by 2028 with a CAGR of a certain percentage to review the market in a significant way. Omnichannel Commerce Software.

Modeling Software 52

Modeling Software Omnichannel Inventory Management Software Optimization Software 52

ShipBob

MARCH 2, 2023

A Salesforce report found that almost 90% of shoppers consider the customer experience as important as the company’s products or services. In general, a great retail experience is when a customer has a positive interaction with your brand that makes them feel confident to purchase from you — and hopefully again and again.

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

Cognira

OCTOBER 27, 2023

Retail Media Networks: Bridging the Gap to Omnichannel Success October 27, 2023 Promotions Home In an increasingly competitive retail landscape, setting your brand apart is no easy feat. Amidst the crowd of retailers offering similar shopping experiences, Omnichannel Fulfillment stands out as the gold standard for engaging customers.

Supply Chain Network Software 52

Supply Chain Network Software Omnichannel Network Optimization Optimal Sourcing 52

Enterra Insights

MAY 9, 2022

Ready or not, retailers were shoved into the omnichannel world thanks to pandemic lockdowns beginning early in 2020. The Omnichannel Imperative. By evaluating where sales are happening based on actual purchase data, we see that omni customers — those who shop with a brand both online and in-store — spend significantly more.

Omnichannel 130

Omnichannel Retail Purchasing Skills Inventory Reduction 130

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

Cathy Roberson

AUGUST 15, 2022

Consumers have not necessarily put the brakes on buying stuff, and it's just that some consumers are being more mindful of what to purchase thanks to inflation. Croc's latest quarter, ending June 30, reported record revenue, up 51% year-over-year and gross profit up 26% year-over-year.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

Vinculum

SEPTEMBER 2, 2021

When it comes to retail, omnichannel experiences used to be on the cutting edge, the survival of today’s world relies on it. Since the pandemic, more than a third of Americans use omnichannel features, such as ordering online and picking up their orders in-store. Value creation is the key to omnichannel excellence.

Price Reduction 52

Price Reduction Inventory Reduction Omnichannel Price Mitigation Strategies 52