Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. High Cost to Serve: It’s an Omnichannel Problem. Those expenses can increase the cost to serve by a considerable amount.

Cost Reduction Strategies 97

Cost Reduction Strategies Omnichannel Expense Reduction Inventory Reduction 97

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. And that’s precisely what’s on the horizon for supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

ToolsGroup

MARCH 3, 2021

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. Hybrid models (i.e. line, family, model, item, item/warehouse).

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

Vinculum

MAY 19, 2021

The pandemic prompted many businesses to prioritise omnichannel initiatives. In addition to fulfilling orders from stores, their omnichannel capabilities enable customers to picktheir convenience instead of shipping to e-commerce fulfilment centres. Compiling Purchase and Sales Data . Easy-to-use Omnichannel planning .

Omnichannel 52

Omnichannel Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

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

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Enterra Insights

OCTOBER 7, 2021

With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies. Regardless of whether consumers are buying products because they are bored or truly need them, they are finding the convenience of online purchasing to their liking.

Modeling Software 130

Modeling Software Supply Chain Planning Software Procurement Analytics Analytics Software 130

Cognira

NOVEMBER 28, 2023

This blog explores the trends that define this year’s holiday season and the factors that draw the consumer path to purchase. Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point. compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Logistics Viewpoints

JUNE 8, 2023

Omnichannel Fulfillment: Unlock new fulfillment options to offer customers additional flexibility and speed. Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting. Cost is an important consideration as well.

Modeling Software 203

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 203

ToolsGroup

FEBRUARY 7, 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. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Talking Logistics

APRIL 25, 2019

As direct-to-consumer orders continue to increase, this trend in purchasing behavior is also driving the push for agility in MHE. 2 The shift to a hybrid omnichannel model. To manage both individual parcels and pallets, the hybrid omnichannel model is gaining popularity to balance the requirements of different order sizes.

Material Savings 101

Material Savings Modeling Software Supply Chain Planning Software Analytics Software 101

GlobalTranz

MAY 25, 2018

The Problem: Warehouses Lacking IoT-Based Technologies Lose Opportunities The cost for internet connectivity is decreasing, but some warehouses, operating on legacy systems, are still using paper-based processes. The connection of systems nets scalability and actionable insights from the analysis of Big Data through the IoT.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

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. Digital technologies, like ERGIS, depend heavily on data collection and analysis.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Enterra Insights

MARCH 31, 2020

Since the pandemic hit and some stores closed, retailers with omnichannel strategies are better placed to survive the emergency. What’s more, the analysis found an 8.8% ” Based on past experience, Kohan predicts behavioral changes adopted by consumers during the pandemic will have lasting impact.

Omnichannel 100

Omnichannel Cost Reduction Strategies Procurement Analytics Supply Chain Planning Software 100

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

ShipBob

FEBRUARY 26, 2024

Analysis The analysis phase is where you look back at your supply chain process and evaluate its effectiveness. It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. As a result of this improved forecasting precision, you can plan your procurement more accurately.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Enterra Insights

JULY 29, 2021

One of the most prominent trends of the Digital Age is increased traffic on the digital path to purchase. An ABI Research press release notes, “Manufacturers of consumer-packaged goods are utilizing analytics to anticipate customer demand and optimize their processes.”[2] The news on that front is not all bad.

Packaging 130

Packaging Manufacturing Procurement Procurement Analytics Supply Chain Design Software 130

Enterra Insights

APRIL 20, 2021

Thanks to the pandemic, consumers now find themselves more frequently on the digital path to purchase. In 2020, global e-commerce sales growth jumped three years in the first three months of stay-at-home mandates, with a share of overall retail matching 2023 predictions. ”[7] Ross adds, “According to a report by SOTI Inc.,

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Predictive Analytics Software 130

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Connected omnichannel services. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. Inventory Analytics.

Inventory Management Software 80

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

ToolsGroup

DECEMBER 7, 2017

For starters, a recent Food Marketing Institute report says that 20% of global grocery sales will be online by 2025, with American consumers alone spending upwards of $100 billion USD. grocers now offer omnichannel services in response to the digital shopping trend” although “only 12.2% Doing that data mining and analysis is not easy.

Waste Reduction 159

Waste Reduction Inventory Reduction Price Reduction Supply Chain Planning Software 159

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

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

Enterra Insights

JULY 12, 2022

2] She reports that the Consumer Brands Association (CBA) predicts, “Demand for consumer packaged goods is likely to remain elevated over pre-pandemic levels.” He explains, “It’s no secret that consumer behavior is rapidly evolving in response to e-commerce acceleration and omnichannel adoption.

Modeling 130

Modeling Predictive Analytics Software Optimization Modeling Predictive Analytics 130

Unleashed

DECEMBER 21, 2023

Inventory management solutions are the systems and processes designed to effectively oversee the entire lifecycle of your business’s inventory, from procurement and storage to distribution and sales. It ties up precious capital, leads to extra storage costs, and may result in the product becoming outdated before it can be sold.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

ShipBob

SEPTEMBER 11, 2023

This setup feeds data from your online store, retail partnerships, and other customer-facing channels to the same backend platform that manages your inventory, sales data, customer relationships, analytics, and more. However, they each come with their own set of intricacies.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Sourcing Strategies 52

Enterra Insights

SEPTEMBER 13, 2018

Silos and Omnichannel Operations. One of the most obvious supply chain changes has been the emergence of omnichannel operations. Simply put, omnichannel operations aim to provide consumers with a seamless and positive shopping experience regardless of the path to purchase they take (i.e., ”[6]. ”[6].

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Omnichannel Supply Chain Software 100

GlobalTranz

FEBRUARY 7, 2018

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

ShipBob

FEBRUARY 23, 2022

If you sell across sales platforms, a solid omnichannel order management approach is essential. In this guide, we’re sharing what you need to know to establish an omnichannel order management system, plus tips on how to get started. . What is omnichannel order management? Omnichannel order management examples.

Omnichannel 98

Omnichannel Inventory Management Software Inventory Reduction Forecasting Software 98

SCMDOJO

AUGUST 16, 2023

Walmart’s remarkable success as the world’s largest retailer can be attributed to its astute utilization of data analysis and advanced technologies within its integrated supply chain. 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

Enterra Insights

NOVEMBER 5, 2018

Hilary Milnes ( @hilarymilnes ) reports during the course of the NRF conference retail executives insisted “the only way to win [in the retail sector] is to tap into what customers want, and be able to respond to it.”[3] shoppers still prefer to make most of their purchases in-store.” Bad retail is dead.”[2].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

Enterra Insights

JANUARY 14, 2021

The rise of analytics has positioned companies to achieve closer customer analysis — on a far greater scale than feedback surveys or social media comments. The first way, he notes, is that big data and advanced analytics can help you know your target audience much better. ” Predictive analytics.

Customer Service 100

Customer Service Analytics Software Predictive Analytics Software Modeling Software 100

crisp

MARCH 24, 2022

They can purchase (expensive) syndicated data, but that involves multiple players, multiple reports, and infrequent updates. For example, plant-based gelato brand Sacred Serve analyzes Crisp’s reports weekly, which helped the brand increase distribution and see a 25-50% sales lift.

Retail 98

Retail Data How To Supply Chain Planning Software 98

ModusLink Corporation

NOVEMBER 23, 2022

A new report from the industry association E-commerce Europe found that there was a 15% growth in 2016 and the industry is predicted to be worth €602 billion by the end of 2017. The growth seen within e-commerce and online transportation are indicative of changing market trends and consumer purchasing habits.

Purchasing Skills 78

Purchasing Skills Shipping Logistics Network Optimization Software Supply Chain Planning Software 78

Unleashed

DECEMBER 10, 2023

An enterprise resource planning (ERP) system is a software solution that integrates and manages various parts of your business, such as sales, finance, marketing, planning, human resources, and procurement. An ERP system is designed to manage back-office processes, such as production scheduling , material planning, accounting, and reporting.

Inventory Management Software 52

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

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].

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

o9 Solutions

SEPTEMBER 7, 2021

by bringing in local weather, events near their stores and road conditions, which affect store footfall and consumer purchases. markdown, promotion) that influences consumer purchases a few days or weeks after initiation. This data allows retailers to get very granular?down down to the store and zip code level?by at store/daily).

Forecasting 52

Forecasting Modeling Forecasting Software Demand Planning Software 52

Unleashed

JUNE 27, 2022

Raw materials purchasing As a distillery manager, you will need to purchase both the raw materials for your product (e.g. Look for: Software that simplifies and automates purchasing What do you need, how much do you need, and when do you need it? Managing sales channels Are you using an omnichannel sales strategy?

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Procurement Solutions 98