ToolsGroup

JANUARY 25, 2022

In a bold move which bore resemblance to the fighting spirit of the retail industry as a whole these past two years, the National Retail Federation (NRF) Big Show 2022 went ahead as planned in New York City despite rising COVID cases and reduced attendance. Here’s a look at four mega- themes from NRF 2022 sessions. Washington Post ).

Waste Reduction 294

Waste Reduction Vendor Strategies Price Reduction Inventory Reduction 294

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

ToolsGroup

FEBRUARY 7, 2022

The Retail Trends Shaping How We Shop in 2022. Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Logility

JANUARY 4, 2022

Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability. 4, 2022 – Logility, Inc., Logility customers can leverage Planalytics weather-driven demand analytics to factor in the weather’s influence on top line revenue and product/category sales across specific time periods and locations.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

Enterra Insights

JUNE 22, 2023

With the maturation of artificial intelligence (AI) systems, predictive analytics have grown in importance. The difference between traditional forecasting and predictive analytics is granularity. In contrast, forecasting provides overall aggregate estimates, such as the total number of purchases next quarter.

Supply Chain Performance 130

Supply Chain Performance Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software 130

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. . 2022’s Top Omnichannel Retail Trends. 2022’s Top Omnichannel Retail Trends.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Enterra Insights

AUGUST 3, 2022

The only way to remain on top of these events is through the incorporation of big data analytics.”[3]. The Market Trends staff at Analytics Insight observe, “Advanced analytics is a collective term for a wide range of analytics techniques that make use of cutting-edge computing techniques such as machine learning.

Data 130

Data Analytics Software Procurement Analytics Supply Chain Planning Software 130

Logility

JANUARY 28, 2022

In the spirit of setting some resolutions for 2022, here are five priorities to consider in a climate that continues to disrupt supply chains globally. A 2021 McKinsey report suggests that COVID has put supply chain risk on everyone’s radar. That’s all well and good, but the report goes on to say that “significant blind spots remain.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain Strategy 130

GlobalTranz

SEPTEMBER 23, 2021

High freight volumes across all industries in the trucking market are expected to continue into 2022.? Pent-up demand of customers and the strong predictions for another above-average peak season has put a unique burden on truckload and parcel transportation. transportation metrics ?that That’s an astonishing $933.30

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Resilinc

JANUARY 31, 2023

Resilinc has announced the top five moving factors that shaped the markets in 2022 for the commodities tracked by Resilinc’s CommodityWatchAI. Resilinc’s customers use the service to plan purchasing strategies, identify cost arbitrage opportunities, leverage pricing negotiations, and gain competitive advantages.

Negotiating Skills 62

Negotiating Skills Purchasing Skills Manufacturing Procurement Price Reduction 62

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. Know When to Reinitiate RFPs to Get Better Shipping Costs.

Analytics Software 52

Analytics Software Supply Chain Planning Software Supply Chain Design Software Procurement Analytics 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. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Cloud technology accelerates. Inventory forecasting.

Inventory Management Software 80

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

Enterra Insights

MAY 31, 2022

The winning companies are those that correctly identify the problem to solve — the performance metric to improve. The data model will put a spotlight on the missing data. They report, “We know from extensive research that decisions matter — a lot. He explains, “Too often companies think that more data is better.

Supply Chain Software 130

Supply Chain Software Supply Chain Optimization Modeling Supply Chain 130

Enterra Insights

MARCH 4, 2022

.”[1] An infographic prepared by the staff at Concentric reports, “[Nearly 80% of] CPG executives say the COVID-19 crisis will have a lasting impact on their customers’ needs”; however, “[less than a third of them] say their companies are well-equipped to address such changes.”[2] Joining the Data Revolution.

Packaging 130

Packaging Prescriptive Analytics Software Analytics Software Supply Chain Planning Software 130

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

The Logistics & Supply Chain Management Society

MARCH 22, 2022

By integrating transaction information across all parties, the solution enables real time visibility of the entire logistics lifecycle from purchase order to shipment order, shipment execution, track and trace, and to financial settlement. Have a System of Record for Tracking Compliance and Identifying/Reporting Violations.

Supply Chain Planning Software 245

Supply Chain Planning Software Prescriptive Analytics Software Real-time Visibility Optimal Sourcing 245

Supply Chain Matters

JUNE 2, 2023

In this special edition of Supply Chain Matters This Week in Supply Chain Tech , we highlight for readers a workforce reduction underway at procurement technology provider Coupa Software. Business procurement spend management support technology software provider Coupa Software initiated this week a corporate wide headcount reduction.

Price Reduction 52

Price Reduction Cost Reduction Strategies Supply Chain Design Software Network Design Software 52

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. JAGGAER Finalizes Added Strategic Partnership.

Supply Chain Planning Software 52

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

Enterra Insights

JULY 12, 2022

He predicts, “Decades-high inflation rates in the western world are likely to get worse before they peak, presenting operational challenges right across the supply chain.”[1] And, Grace reports, consumer thinking isn’t very positive. ”[1] CPG manufacturers are caught in this inflationary maelstrom. ”[6].

Modeling 130

Modeling Predictive Analytics Software Optimization Modeling Predictive Analytics 130

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

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. Customers are in control, and retailers who fail to accurately predict demand are doomed to fail.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 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. Journalist Audrey Kemp reports that changing consumer behavior has permanently affected omnichannel operations.

Trends 130

Trends Retail Predictive Analytics Software Omnichannel 130

Supply Chain Matters

JUNE 23, 2023

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 34th Annual State of Logistics Report to organization members and the industry as a whole. Background As our readership is likely aware, this report provides a snapshot of the U.S.

Procurement Analytics 40

Procurement Analytics Report Negotiating Skills Purchasing Skills 40

NC State SCRC

JANUARY 1, 2023

As I’ve done in prior years, I’ll make a few predictions based on what happened in 2022 – and what I think it means for 2023. These predictions are perhaps not completely original – but they represent what I think will be important guidelines for supply chain executives to consider. The US will likely see only 0.5%

Predictive Analytics Software 94

Predictive Analytics Software Predictive Analytics Supply Chain Planning Software Pharmaceutical 94

Unleashed

AUGUST 23, 2021

Inventory forecasting is when a business uses historical data and analyses trends to predict and plan its future inventory requirements. And then there are major events that are impossible to predict – like a global pandemic – which throw inventory forecasting into complete disarray. Read more: What is Inventory Management?

Forecasting 98

Forecasting Forecasting Software Inventory Reduction Inventory Management Software 98

Enterra Insights

JANUARY 9, 2020

” In this article, I discuss some of the technology trends currently affecting the business world as well as bold predictions pundits are making about the future of technology. Consumers are becoming more interested in how the goods they purchase and consume are made, processed, and/or grown. ” Technology predictions.

Predictive Analytics Software 100

Predictive Analytics Software Supply Chain Design Software Supply Chain Network Software Analytics Software 100

Supply Chain Matters

DECEMBER 13, 2022

This action represents a reported 77 percent premium to the company’s closing stock price on November 22, 2022, the last full trading day prior to media reports involving a potential transaction. The announcement further coincides with Coupa Software’s report of fiscal third quarter financial performance.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Negotiate Pricing 52

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

Unleashed

OCTOBER 27, 2021

Here we give you our top 10 wholesale distribution trends for 2022 and beyond. Experts predict the market value will increase from its current US$49,371.76 That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point. billion to $64,334.41 They’ve arrived.’

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Enterra Insights

JANUARY 12, 2023

Like other business executives, they need to be able to make a business case for any new technology they purchase. Researchers from the Central European University report, “In 2021, 193 million people across 53 countries were acutely food insecure. 21 September 2022. [5] The Benefits of AI in Agriculture. ”[4].

Analytics Software 130

Analytics Software Modeling Software Optimization Software Forecasting Software 130

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

For an industry that increasingly requires higher logistics pipeline velocity without sacrificing accuracy and at lower costs, RPA is a natural choice for high performing supply chain organisations. Organisations that have successfully implemented RPA initiatives report cost savings of up to 80% and time savings of up to a staggering 40%.

Supply Chain Software 246

Supply Chain Software Supply Chain Planning Software Optimal Sourcing Agile and Lean Supply Chain 246

Supply Chain Matters

JUNE 10, 2022

Industry and business media had noted that retailers were actively accelerating inventory purchases from global based suppliers to avoid being in the position of having not enough inventory to meet holiday focused demand. retailer announced actions to right-size its inventory for the balance of 2022.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

Supply Chain Matters

AUGUST 30, 2023

According to the latest announcement, this tech provider will utilize added funding to continue building out capacity, expanding the domestic battery supply chain and allowing customers to purchase battery materials made in the U.S. Former investment partners reportedly also participated. for the first time.

Supply Chain Planning Software 59

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Analytics Software 59

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

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

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

Enterra Insights

DECEMBER 19, 2023

This advanced technology, which mimics human thought processes, is poised to revolutionize the way retailers interact with their customers, predict trends, and make strategic decisions.”[2] As the ISP.PAGE staff notes, “Traditionally, retailers have relied on historical data and basic analytics to understand their customers.

Optimal Sourcing 130

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