Logistics Viewpoints

JUNE 20, 2022

VF Corporation (VFC) is a global apparel, footwear and accessories company headquartered in Denver, Colorado. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year. This is not a new strategy for VF, they have been working toward this for 4 years.

Agile and Lean Supply Chain 211

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 211

ToolsGroup

MARCH 3, 2021

Demand for fashion products also has complex characteristics, with hard-to-predict, sporadic demand, high volatility and impulsive purchases. Omnichanne l is a strategy that provides the perfect integration between physical and digital assets, guaranteeing a consistent and fluid customer experience between the different channels.

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

ToolsGroup

DECEMBER 14, 2021

Supply Chain Shortages Impacted Consumer Purchases. Maybe its digital-only design fit more with the purchase activities of tweens and young adults everywhere. In addition to electronics, other categories facing high out-of-stock levels include jewelry, apparel, home & garden, and pet products. The Nintendo Switch?

Retail 156

Retail Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 156

Unleashed

JUNE 2, 2022

An omnichannel eCommerce strategy anticipates that customers will start searching on one sales channel and often move to another. Omnichannel integrates a multichannel strategy and optimises it as a progression of the online purchasing journey for the modern eCommerce customer. What is the aim of the omnichannel approach?

Omnichannel 97

Omnichannel Inventory Management Software Supply Chain Design Software Analytics Software 97

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. But with every hyper-advanced AI solution comes new concerns and risks we must keep in mind.

Inventory Management Software 52

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

Logistics Viewpoints

DECEMBER 15, 2022

ABC Analysis for Inventory Planning : Clustering products that behave similarly highlights issues, challenges, and opportunities for serving customers better. ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most. and Europe.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

ShipBob

JANUARY 29, 2024

New orders are placed on your ecommerce platform, then whoever is storing your inventory has to select, package, and ship the right products to the right place. Potential obstacles can arise, as sales grow, channels multiply, products are added to your inventory, and your customer base expands. No problem.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

ShipBob

OCTOBER 24, 2022

You never really know how it will all turn out, yet you need to be able to answer questions like these: How many units of inventory do you need to have on hand to be at full stock for each SKU? How often do you project to replenish inventory ? Demand forecasting allows businesses to optimize inventory by predicting future sales.

Forecasting 130

Forecasting Forecasting Software Modeling Demand Planning Software 130

Supply Chain Shaman

NOVEMBER 28, 2016

The company leverages globally sourcing strategies to buy products at a lower cost and then deploys some unique process logic to drive mass customization for retailers. They include growth, inventory turns, operating margin and Return on Invested Capital (ROIC)). Inventory Turns. Apparel Performance and Improvement Comparison.

Supply Chain Design Software 195

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 195

SupplyPike

MAY 21, 2020

Simply put, the supply is exaggerated and the inventory grows faster than the demand. This may require better management of the inventory. With the help of inventory software, companies can control and understand how buying habits change across a period of time. It is advantageous to have this kind of marketing strategy.

Price Reduction 98

Price Reduction Inventory Reduction Vendor Strategies Cost Reduction Strategies 98

Supply Chain Matters

OCTOBER 7, 2022

The Wall Street Journal reported this week ( Paid subscription or metered view ), that fashion and apparel retailer Macy’s has managed to avoid the significant excess merchandise inventory levels that are challenging other retailers. We recommend that our readers have a view of this report.

Supply and Demand 52

Supply and Demand Inventory Reduction Demand Planning Software Price Reduction 52

Logistics Viewpoints

AUGUST 19, 2022

billion in inventory that “if we could just wave a magic wand, we’d make it go away today,” said chief financial officer John David Rainey. Walmart estimates that inventory is still 15 percent above optimal levels. Clearing the inventory will still take a couple of quarters. Walmart has about $1.5

Logistics Network Optimization Software 199

Logistics Network Optimization Software Supply Chain Planning Software Inventory Reduction Cost Reduction Strategies 199

Veridian Solutions

FEBRUARY 3, 2020

Customers have several channels to make a purchase, such as online or mobile, bought in a store, a combination of the two, known as buy-online, pick-up in-store (BOPIS) , or any other channel to purchase offered by the retailer. In fact, consider these key tips to boost your omnichannel fulfillment strategy.

Inventory Reduction 58

Inventory Reduction Cost Reduction Strategies Omnichannel Supply Chain Strategy 58

ToolsGroup

JUNE 27, 2022

In this article, we’ll break down what vertical integration is, its benefits and disadvantages, its application in supply chain, and the factors to consider when deciding whether it’s the correct strategy for your company. Necessity of Supply Chain Planning Software in Vertical Integration. Types of Vertical Integration.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Enterra Insights

AUGUST 5, 2022

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. … Companies are struggling to find space for the glut of apparel, kitchen appliances and other goods filling up their supply chains.” As a result, many retailers are sitting on excess inventory.”

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

ThroughPut

DECEMBER 8, 2023

In the context of supply chain management, prescriptive analytics leverages raw historical data and performance data to determine the best probable courses of action, supporting supply chain decisions through network design, inventory and warehouse optimization, and supplier management. What should be the ideal shipment strategy?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Supply Chain Shaman

OCTOBER 8, 2019

I find senior executives love to throw around superlatives like customer-centric, agile, efficient and responsive but lack the understanding of how the words translate to supply chain strategy in the real world. Managing a supply chain requires big feet—grounding in real-world experience—coupled with big wings—conceptualization of strategy.

Supply Chain Design Software 183

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 183

Operations and Supply Chain Management

FEBRUARY 28, 2024

For some online apparel retailers, returns now average 40% of sales. Brick-and-mortar stores also allow shoppers to return unwanted purchases. Most online shoppers assume that items they return go back into regular inventory, to be sold again at full price. A forest’s worth of artificial Christmas trees goes back every January.

Reverse Logistics 75

Reverse Logistics Purchasing Skills Logistics Network Optimization Software Eliminating Excel in Purchasing 75

BlueYonder

AUGUST 21, 2023

From a retailer’s perspective, adjusting your return policies is likely a sound business decision — maybe you already have excess inventory and don’t want to pay for additional product storage, or maybe you’re trying to recover some of the lost revenue associated with returns. Why Are Returns So Important To Retail Consumers?

Policies 68

Policies Forecasting Procurement Solutions Forecasting Software 68

FLEXE

APRIL 12, 2017

Can you remember your first online purchase? Today, for many of us, shopping online happens more frequently than in-store purchases. Keeping up with industry titans has forced retailers of all sizes to improve online shopping experiences—because it all plays a role in completing a purchase. Seems like forever ago. They were $79.3

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Price Reduction 52

Material Handling & Logistics

DECEMBER 12, 2017

After years of struggling to manage their inventory, brands are using increasingly sophisticated tools to track apparel and accessories through the supply chain, aiming to avoid the typical post-Christmas fire sales. The company is currently offering 25% off purchases, but that deal ends on Dec. Less Is More.

Inventory Reduction 44

Inventory Reduction Inventory Supply Chain Planning Software Predictive Analytics Software 44

ShipBob

MARCH 2, 2023

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. The first interaction and the first purchase are the two most important events that can influence a customer’s experience and their loyalty to a brand.

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

o9 Solutions

MAY 26, 2021

Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

o9 Solutions

MAY 26, 2021

Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. The need to respond to those changes while maintaining margins, service, and efficiencies with optimal planning of inventory, sourcing, transportation, and fulfilment. as well as external drivers (weather, interest rates, new housing starts….),

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Vinculum

JANUARY 20, 2022

The e-commerce platform in the apparel industry is skyrocketing. Apparel sales have reached the pinnacle with n-number of patterns, colors, and designs. This makes the purchasing of the property risk-free and adds no hesitation in the buyer’s mind. How to manage the returns. The steps to enhance the return management.

Apparel 52

Apparel Expense Reduction Price Reduction Logistics Network Optimization Software 52

SupplyPike

JUNE 26, 2020

Category management is defined as a purchasing concept which groups products together into discrete classifications. These product categories are then used to define purchasing behaviors. Examples of product categories are dry grocery goods, cosmetics, women’s apparel, and pet food. How do retailers manage their categories?

Retail 98

Retail Price Reduction Material Savings Inventory Reduction 98

Enterra Insights

MARCH 11, 2020

Melanie Tymm, Head of Pre-Sales at Maginus Software Solutions, writes, “It used to be a lot simpler. ” In response to the retail revolution, most retailers have adopted an omnichannel operations strategy. Adopting omnichannel strategies. Placing inventory closer to urban areas can speed deliveries.

Supply Chain Software 100

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Retail 100

ShipBob

APRIL 13, 2021

reorder more inventory sooner if you’re selling through it quicker than your inventory forecasts estimated). KPIs are one of the most valuable tools you have for keeping your team focused, accountable, and aligned. COGS = Beginning inventory + Purchases during the period – Ending inventory. Shipping fees.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Vinculum

JULY 8, 2019

With over 130 sessions and 600 top technology solution providers , IRCE saw huge participation of brands, retailers, 3PLs and brand distributors from all over the world. Sell and manage orders, inventory, and fulfillment across multiple sales channels. End-to-end cross border solution to bring brands in the US and outside.

Chicago 40

Chicago Supply Chain Design Software Supply Chain Software Supply Chain Network Software 40

o9 Solutions

AUGUST 12, 2021

It is widely acknowledged that uncertainty resulting from the pandemic created many opportunities for grocers but reduced demand in the fashion and apparel industry. pivoting from in-store purchases to online during COVID lockdowns). Responding to Demand. Leveraging Retailer Data Science Teams.

Modeling 52

Modeling Price Reduction Inventory Reduction Resource Reduction 52

Cognira

JANUARY 10, 2022

For retailers, the old way of dealing with demand was to buy excess inventory to fulfill stores for a given period. Now, with the impact of COVID-19 and the supply chain crisis, this strategy is unavailable. From procurement, to manufacturing, to delivery, retailers will be looking for enhancements to each of these areas.

Optimal Sourcing 40

Optimal Sourcing Waste Reduction Manufacturing Procurement Retail 40

ShipBob

AUGUST 16, 2021

In order to keep up with the unprecedented volume in such a short time span, it’s important you have the right shipping strategy and fulfillment processes in place. This is the time when holiday shoppers start to search for the best deals and get a head start on purchasing holiday gifts. Christmas (December 25).

Shipping 98

Shipping Inventory Reduction Material Savings Supply Chain Planning Software 98

Logility

APRIL 27, 2015

For example, apparel trends, fit—active, slimming, skinny—style and color; or industry products—made with recycled material, and so on. Software that allows for classification of products helps retailers plan by many vectors. Sales history—not just categories sales, but also the SKU’s attributes.

Research 102

Research Supply Chain Planning Software Inventory Reduction Modeling Software 102

ShipBob

APRIL 8, 2020

In this product pricing guide, we’ll cover the importance of reviewing your current product pricing strategy, how to price your products, and ways to reduce costs so your products remain affordable. Many businesses price their products based on group decisions or by using a simple cost-plus pricing strategy. Pricing shows value.

Price Reduction 98

Price Reduction Purchasing Skills Material Savings Cost Reduction Strategies 98

Enterra Insights

NOVEMBER 5, 2018

Think department stores and specialty retailers, especially those selling apparel.) As a result, big box retail must shift its strategy — from competing on access and selection to staging big experiences and providing big discounts.”[4]. shoppers still prefer to make most of their purchases in-store.” ”[4].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

Logistics Bureau

MAY 3, 2021

Some have hit on the right strategies and are thriving in the new normal, and others are struggling. It was perhaps fortuitous that Target began implementing a strategy to focus on fulfillment from stores back in 2019. I have perhaps made much of the ship-from-store strategy pursued by Target, but its influence is significant.

Supply Chain Planning Software 59

Supply Chain Planning Software Retail Supply Chain Strategy Inventory Reduction 59