Cognira

JANUARY 8, 2024

Retail Promotions: A Key Strategy for Sustaining Customer Retention January 8, 2024 Promotions Home In the dynamic realm of retail, promotions have become a crucial element for retailers aiming not only to boost immediate sales but also to fortify their customer retention.

Procurement Analytics 52

Procurement Analytics Strategy Price Mitigation Strategies Sustainability 52

Enterra Insights

MAY 15, 2020

.” What Chaturvedi doesn’t address is the fact that the increased use of the digital path to purchase comes with a dramatic increase in consumer returns. Analysts from SRS Media explain, “With the significant growth in ecommerce purchases, … there will be an inevitable increase in returned items. ”[6]. .”

Reverse Logistics 100

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 100

Repl Group

MARCH 25, 2019

In-store shopping brings its share of frustrations, most critically from poor availability of stock (48 percent) followed by poor customer service (34 percent). And 62 percent report having received a voucher or special offer for a product that was not available when they visited the store to buy it.

Predictive Analytics Software 74

Predictive Analytics Software Forecasting Software Inventory Management Software Supply Chain Software 74

Locus

MARCH 2, 2022

Consumers in these regions have high disposable incomes and strong purchasing power. According to a report by Statista, e-commerce in the GCC region saw a six percent growth due to COVID-19. percent of retail sales in the GCC by 2025. A report by McKinsey identified five main capability areas for success in e-commerce.

Retail 52

Retail Modeling Software Modeling Logistics Network Optimization Software 52

Vinculum

JULY 14, 2022

The buyers or customers can directly communicate with the manufacturer per their wishes or desires to vividly satisfy the customer’s needs. With the use of analytics, brands can process accordingly: They try to target specific customers via coupons or other offerings. The post What are the Primary D2C Model Types?

Modeling Software 52

Modeling Software Modeling Cost Reduction Strategies Expense Reduction 52

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. Artificial intelligence (AI) is changing the game for online businesses.

Inventory Management Software 52

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

Supply Chain Game Changer

AUGUST 21, 2019

In the UK, the click and collect model is particularly popular with experts predicting that usage will double by 2025. Why Do Customers Prefer Click & Collect? The Assurance of Tactile Purchasing: By completing their order in-store, customers can inspect the product before committing to a purchase.

Purchasing Training 52

Purchasing Training Cost Reduction Strategies Resource Reduction Purchasing Skills 52

ModusLink Corporation

JUNE 8, 2022

M-commerce entails all activity regarding the purchase of goods/services using a monetary transaction through a mobile device such as a smart phone or a tablet. This means that M-commerce in the US market will nearly double its share of total retail sales between 2020-2025. Companies now make use of ‘Predictive Analytics’.

Forecasting 78

Forecasting Procurement Analytics Predictive Analytics Purchasing Skills 78

ModusLink Corporation

MAY 12, 2022

M-commerce entails all activity regarding the purchase of goods/services using a monetary transaction through a mobile device such as a smart phone or a tablet. This means that M-commerce in the US market will nearly double its share of total retail sales between 2020-2025. Companies now make use of ‘Predictive Analytics’.

Forecasting 78

Forecasting Procurement Analytics Predictive Analytics Purchasing Skills 78

Locus

DECEMBER 22, 2021

billion and record a CAGR of 15.99% during 2021-2025. Technavio, Last Mile Delivery Market in North America by Service and Geography – Forecast and Analysis 2021-2025, Jan 2021. The growth in e-commerce purchases has increased the demand for returns through the same channel. dollars by 2025. billion U.S.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Modeling 52

Vinculum

APRIL 28, 2021

Apart from this, Statistica reports suggest that the revenue of the Philippines eCommerce market is expected to have an annual growth rate of 16.7% (CAGR 2020 – 2025), leading up to the rise of market volume to US$7,665m by 2025. Lower Handling Costs.

Philippines 87

Philippines Cost Reduction Strategies Inventory Reduction Inventory Management Software 87

Supply Chain Trend

AUGUST 13, 2020

Third wave supply-chain planning software will play the machine role in the human-machine collaboration, enabling the knowledge worker to manage large amounts of data, use advanced analytics, and automate processes and decisions across the enterprise and the wider value chain. Hatchet Books, Ney York. Sanders, N. & Wood, J.D.

Supply Chain Software 147

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 147

Vinculum

APRIL 28, 2021

Apart from this, Statistica reports suggest that the revenue of the Philippines eCommerce market is expected to have an annual growth rate of 16.7% (CAGR 2020 – 2025), leading up to the rise of market volume to US$7,665m by 2025. Lower Handling Costs .

Philippines 52

Philippines Cost Reduction Strategies Inventory Reduction Inventory Management Software 52

ToolsGroup

AUGUST 12, 2022

In a world where customer expectations are higher (some food delivery services actually put the groceries right into your fridge), and where customers select retailers based on products being in stock and reliability of delivery, optimizing the customer experience is a must to stay on top. . Inventory Visibility.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Enterra Insights

JULY 18, 2019

.”[1] At the same time, writes SAS’ Rodney Weidemann, “The impact of emerging technologies such as artificial intelligence, machine learning and cognitive computing — the latter underpinned by big data and advanced data analytics — is beginning to be felt.”[2] Path to Purchase. trillion in business in the U.S.

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

RFgen

JUNE 30, 2023

Yet the reality is, 74% of respondents to the Digital Inventory Report reported that are not yet leveraging sufficient software means to streamline inventory management. Reasons include cost, complexity, and fear of change. trillion in value by 2025. When you lay the foundation, you’ll begin to see the benefit.

Inventory Management Software 76

Inventory Management Software Supply Chain Planning Software Optimization Software Forecasting Software 76

AIMMS

JULY 9, 2015

A recent report by the ACE European Group identifies supply chains as of the biggest sources of concern for European businesses today. On the other hand, there is a rising need for smarter and more flexible tools as well as more staff with analytical capabilities. Is analytics playing a role in innovation?

Supply Chain Planning Software 120

Supply Chain Planning Software Demand Planning Software Optimization Software Analytics Software 120

Locus

FEBRUARY 22, 2023

According to a recent report, retail e-commerce sales are projected to grow from roughly 875 billion U.S. dollars in 2025. With a majority of businesses moving online, it’s crucial to deliver outstanding customer service through electronic channels. dollars in 2022 to over 1.3 trillion U.S.

Reverse Logistics 52

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Optimization Software 52

Supply Chain Trend

OCTOBER 29, 2021

They call for a reinvention of traditional IBP that more fully integrates its governing meetings and reporting into operations, enabling faster decision making, better responsiveness to disruption, and liberation for planners to work on more strategic issues. KEY POINTS. at the SKU/location level).

Supply Chain Planning Software 78

Supply Chain Planning Software Scenario Planning Supply Chain Planning Prescriptive Analytics Software 78

GlobalTranz

JANUARY 21, 2016

Manufacturing and shipping process have historically focused on producing a product, sending it to the store, and having a consumer purchase the product. Since the Internet has inherently given birth to the age of smartphone , more consumers are looking for faster, customer service-laden experiences. Content Will Become Kings.

Manufacturing Procurement 120

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Manufacturing 120

Enterra Insights

JULY 17, 2018

Lyall, Mercier, and Gstettner note, “With a digital foundation in place, companies can capture, analyze, integrate, easily access, and interpret high quality, real-time data — data that fuels process automation, predictive analytics, artificial intelligence, and robotics, the technologies that will soon take over supply chain management.”

Supply Chain Software 100

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

BlueYonder

DECEMBER 28, 2017

A healthy job market has led to consumer confidence remaining solid , as early reports estimate nearly 5 percent growth in spending during the recent holiday season. But there’ll also be a concerted effort toward improving user experience and customer service in stores. In grocery, online channels will continue to grow.

Retail 40

Retail Trends Modeling Software Procurement Analytics 40

Unleashed

DECEMBER 20, 2022

Here’s a quick breakdown of the 3 types of products sold online: Physical goods: Anything that you can purchase in a traditional brick-and-mortar store, from groceries to homewares, building supplies and even motor vehicles. Digital products: Intangible assets and content that can be created once and sold repeatedly to different customers.

Modeling Software 96

Modeling Software Demand Planning Software Inventory Management Software Forecasting Software 96

ShipBob

APRIL 11, 2022

trillion by 2025. It’s reported that 83% of consumers say they use Instagram to discover new products or services. Instagram Shopping has streamlined the social commerce shopping experience by offering valuable features that simplify selling and purchasing goods. Allow customers to check out directly on Instagram.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Company Inventory Reduction Price Reduction 98

BlueYonder

DECEMBER 28, 2017

A healthy job market has led to consumer confidence remaining solid , as early reports estimate nearly 5 percent growth in spending during the recent holiday season. But there’ll also be a concerted effort toward improving user experience and customer service in stores. In grocery, online channels will continue to grow.

Retail 45

Retail Trends Modeling Software Procurement Analytics 45

Vinculum

AUGUST 26, 2021

Meanwhile, since last year, due to store closures during the circuit breaker time and customer worries about their health and safety in stores and overcrowded locations, customers have resorted to e-commerce to meet their spending and product requirements in Covid-19.

Singapore 52

Singapore Expense Reduction Supply Chain Planning Software Resource Reduction 52