ToolsGroup

MARCH 24, 2021

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. When it comes to inventory management, each piece must operate as a part of a global integrated system to be most effective.

Modeling 270

Modeling Optimization Software Inventory Reduction Network Optimization 270

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. ”[2] It’s ironic, therefore, in this inflationary period, that many retailers are experiencing the exact opposite problem — too few consumers seeking items they already have on hand. Now, some retailers are struggling with the opposite problem: a deluge of stuff nobody wants to buy.”

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

ToolsGroup

MARCH 3, 2022

Retail is detail. And there is a lot of ‘detail’ for retailers to manage and factor into the business every day. Despite knowing all this, too many retailers ignore the impact of weather and this adds error to plans and demand forecasts. How Weather Influences Retail Demand. It all evens out in the end.

Forecasting 156

Forecasting Forecasting Software Procurement Analytics Retail 156

ToolsGroup

JANUARY 19, 2024

The curtains have closed on the National Retail Federation (NRF) 2024 Retail’s Big Show, and this year’s event has been extraordinary, with a record-breaking attendance of nearly 40,000 participants from around the globe. Inflation, another hurdle on the retail landscape, prompted a shift in focus towards long-term business growth.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

ToolsGroup

DECEMBER 11, 2023

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

Logistics Viewpoints

JUNE 1, 2023

Retailers know firsthand how quickly the market can change. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. The retailers feel the impacts of the recession fast and deeply.

Supply Chain Planning Software 193

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

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Enterra Insights

JUNE 21, 2022

Inflation is starting to impact the retail sector in significant ways. Some experts believe artificial intelligence (AI) capabilities will help retailers find their way through these volatile times. ”[1] According to Kestenbaum, some retailers don’t understand AI’s importance to their success.

Retail 182

Retail Supply Chain Design Software Analytics Software Optimization Software 182

ToolsGroup

JANUARY 9, 2024

BOSTON – January 9, 2024 – ToolsGroup , a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named a technology leader in the SPARK Matrix™ analysis of Retail Assortment and Management Applications by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Retail Optimization Software 156

Logistics Viewpoints

DECEMBER 15, 2022

The retail industry is rich with data. There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. Four Ways of Using Cluster Analysis in Retail. This is where advanced analytics and AI/ML techniques help.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

Enterra Insights

DECEMBER 19, 2023

The retail sector continues to endure tectonic shifts as business landscapes and consumer behaviors change. First, there was the so-called “retail apocalypse,” then came the pandemic, which was followed by inventory challenges, inflation, and an economic slowdown. Inventory Management.

Optimal Sourcing 130

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

Logistics Viewpoints

JUNE 1, 2021

Why should we consider Promotion Planning in Inventory Management? Whether it be e-commerce, brick-and-mortar, or both, retail companies care about the inventory they keep. During promotional management, especially for big events around special days and holidays, inventory levels need to be adjusted to meet the peaks in demand.

Inventory Management Software 185

Inventory Management Software Supply Chain Planning Software Inventory Management Optimal Sourcing 185

Logility

JUNE 10, 2020

A leading retailer in the home improvement space was having issues delivering timely reports to its suppliers. They were not capable of providing sell-through reports and this negatively impacted inventory levels and supplier distribution channels. Logility’s digital supply chain platform with analytics offered the solution.

Optimal Sourcing 130

Optimal Sourcing Analytics Software Supply Chain Planning Software Analytics 130

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

ToolsGroup

DECEMBER 16, 2021

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. What is Lean Retail? The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

GlobalTranz

FEBRUARY 25, 2021

How often do you think about your retail reverse logistics strategy? It’s easy to assume retail reverse logistics is solely based on returns. While this is partially true, all retail reverse logistics involve a backward flow of products that return to their origin. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

Reverse Logistics 253

Reverse Logistics Expense Reduction Inventory Reduction Supply Chain Strategy 253

ToolsGroup

SEPTEMBER 26, 2023

The Evo capabilities in non-linear optimization, quantum learning, and advanced prescriptive analytics will enable us to make the next leap in our journey toward Decision-Centric Planning. At Event Network, we aim to optimize the retail potential of experiential attractions.

ToolsGroup 296

ToolsGroup Prescriptive Analytics Software Supply Chain Planning Software Modeling 296

Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. AI-first forecasting is crucial in achieving this efficiency—transforming the retail planning landscape and driving financial success in the apparel market.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

ToolsGroup

OCTOBER 3, 2022

Retail workers are at the heart of the economy, making the continued retail labor shortage a top challenge for retailers–one that appears here to stay. Get the real story on today’s retail worker shortage, as we break down: Retail Labor Shortage Statistics. The Need for Corporate Retail Talent.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Supply Chain Brain

JANUARY 16, 2024

Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.

Manufacturing Procurement 90

Manufacturing Procurement Procurement Analytics How To 90

ThroughPut

MARCH 27, 2024

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. How is AI Revolutionizing Retail Supply Chains?

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Logistics Viewpoints

DECEMBER 14, 2021

According to OECD, during the pandemic, brick-and-mortar retail services such as food services saw 7.7% drop in sales while non-store retailers (mostly E-Commerce providers) achieved 14.8% Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

Enterra Insights

JANUARY 9, 2023

This is the conundrum faced by retailers as they enter the new year. Inflation, recession, and changing consumer behavior aren’t the only business environment changes confronting retailers. So what trends are going to impact the retail sector this coming year? 2023 Retail Trends. Deep Retail. ”[1].

Trends 130

Trends Retail Predictive Analytics Software Omnichannel 130

Enterra Insights

JUNE 1, 2021

Although every economic sector undergoes constant change, the retail sector has probably seen more changes in a shorter period of time than most other sectors. With all of the changes in the retail environment and the continued shift away from conventional technologies, cognitive computing in retail is becoming increasingly important.”[1]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

BlueYonder

NOVEMBER 7, 2023

That’s a question retailers should consider when they think about artificial intelligence (AI). A new survey by Blue Yonder found that almost all retail executives feel confident in their command of AI. These findings might make you think retailers are prepared for the AI revolution. Inventory placement ( 42% ).

Retail 86

Retail Predictive Analytics Software Predictive Analytics Analytics Software 86

GlobalTranz

NOVEMBER 20, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. Although e-commerce represents 10 percent of total retail sales, it has had an interesting effect. Ability to create customized reports and use analytics to improve inventory forecast accuracy. GET YOUR COPY HERE.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

BlueYonder

OCTOBER 24, 2023

Retailers have gotten the message: Optimize or die. The survey, conducted by Blue Yonder , found that the vast majority of retail executives: Considered themselves very knowledgeable about AI (85%). These results underscore a crucial point: Retailers that don’t embrace AI will almost certainly fall behind. The results?

Analytics Software 94

Analytics Software Predictive Analytics Software Forecasting Software Supply Chain Software 94

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. This is where inventory control techniques come in.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

GlobalTranz

MAY 2, 2017

Manufacturers have always struggled to obtain the most accurate inventory levels possible. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality. Let’s take a closer look at why such systems have the power to radically change standard inventory management operations.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

ToolsGroup

MARCH 28, 2024

Additionally, we are thrilled to highlight the presence of one of our top retail customers in Italy, Scarpe&Scarpe, who will share their success story. increase in sell-through, alongside improved inventory efficiency, contributing to a €4.2 increase in sell-through, alongside improved inventory efficiency, contributing to a €4.2

Italy 156

Italy ToolsGroup Inventory Reduction Price Reduction 156

Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. Using these analytics can be incredibly helpful for even the most inexperienced practitioner. The Perfect Order Rate Retail supply chain analytics helps pinpoint exact numbers.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

Intelligent Audit

MAY 27, 2021

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. Using these analytics can be incredibly helpful for even the most inexperienced practitioner. Retail supply chain analytics helps pinpoint exact numbers. The Perfect Order Rate.

Analytics Software 52

Analytics Software Predictive Analytics Supply Chain Planning Software Modeling 52

ThroughPut

DECEMBER 6, 2023

Thanks to the more advanced forms of supply chain analytics like predictive analytics, supply chains are proactively looking into the future and prepping for “what is to come” rather than only ruminating over “what already happened.” What Is Predictive Analytics for Supply Chain?

Predictive Analytics 52

Predictive Analytics Prescriptive Analytics Software Analytics Software Predictive Analytics Software 52

Logility

AUGUST 17, 2021

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network. Robust Inventory Management.

Modeling 130

Modeling Inventory Reduction Supply Chain Optimization Packaging 130

Cognira

JUNE 1, 2021

Analytics Evolution and its Impact on Retailers. Over the last decade, we have seen Data Analytics evolve at a tremendously fast pace. With the introduction of Big Data, the Cloud, Data Warehouses, and Artificial Intelligence, Data Analytics had to move with the times…fast. Phase 1: Descriptive Analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Predictive Analytics Analytics Software Analytics 52

Alloy

DECEMBER 13, 2022

Alloy’s strong customer satisfaction and market presence has landed us in the leader quadrant in Retail Analytics and the high performer quadrant for Demand Planning in the 2023 G2 Winter Grid Report. Named a Leader in Retail Analytics and a High Performer in Demand Planning appeared first on Alloy.ai. The post Alloy.ai

Supply and Demand 52

Supply and Demand Analytics Software Demand Planning Supply Chain Planning Software 52

Alloy

DECEMBER 13, 2022

Alloy’s strong customer satisfaction and market presence has landed us in the leader quadrant in Retail Analytics and the high performer quadrant for Demand Planning in the 2023 G2 Winter Grid Report. Satisfaction with Alloy’s ease of use was rated at 98% in Retail Analytics. 100% of users rated Alloy at 4 or 5 stars.

Supply and Demand 52

Supply and Demand Alloy Analytics Software Demand Planning 52