ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

ThroughPut

NOVEMBER 16, 2021

Retail supply chains in particular face a horde of supply chain challenges such as: . While on-time delivery for retail supply chains is an excellent driver of trust and brand loyalty, these challenges can stand in the way of ensuring on-time delivery. Data analysis to inform logistics. Intelligent warehousing with AI analytics.

Inventory Reduction 52

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6 River Systems

AUGUST 19, 2020

Today, anyone can start a retail business with a couple of clicks on a laptop from a café. Manufacturing companies have the option of selling directly to consumers without the help of any retail middle men. Here are five supply chain management tips for the retail industry to bring in sustainable profits.

Supply Chain Planning Software 59

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ModusLink Corporation

NOVEMBER 23, 2022

Warehouse and distribution professionals understand that the timeline of order processing has ebbed and flowed significantly over the last few years. and other delivery firms that struggled with too much pandemic-fueled demand from online retailers like Amazon and Walmart, now have the opposite problem – too much delivery capacity.”.

Distribution 78

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GlobalTranz

NOVEMBER 20, 2018

Although e-commerce represents 10 percent of total retail sales, it has had an interesting effect. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. That’s two entirely different things. This is where the major problem lies.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

GlobalTranz

OCTOBER 2, 2017

Last mile delays and problems during delivery can eat away at fuel costs and seriously devalue a brand, but shippers Fan leverage technology, such as Big Data, to make small changes and improvements to last mile logistics processes. Be Consumer-Centric. An effective last mile logistics strategy must be focused on consumer needs.

Inventory Reduction 363

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Vinculum

JUNE 13, 2022

The warehouse management is a critical player in managing the e-commerce business platform diversely. The warehouse management system plays a vital role in enhancing the sales funnel in the market to grab the attention of the vast crowd. The warehouse management keeps track of in and out of the stocks effectively. Automation.

Supply Chain Planning Software 52

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6 River Systems

APRIL 23, 2019

The world of logistics is increasingly driven by technology , with artificial intelligence, big data, the Internet of Things (IoT) and automation among the biggest logistics trends today. That said, there are many factors to consider when moving to an automated warehouse. In the warehouse, human error is inevitable.

Warehousing 97

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6 River Systems

FEBRUARY 22, 2019

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Dave Masterson. Nate Masterson. MapleHolistics.

Cost Reduction Strategies 56

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Tecsys

AUGUST 22, 2014

In 2013, Gartner conducted a survey on Big Data Adoption in Supply Chain Industries and found that adoption has been flat and is lagging behind the overall adoption rate of other industries such as banking, insurance, and retail to name a few. The post Big Data – Synthesis appeared first on Tecsys.

Big Data 40

Big Data Data Gartner Survey 40

Logistics Viewpoints

FEBRUARY 8, 2021

End users – supply chain practitioners working for manufacturers, distributors, or retailers – can attend for free. Ecommerce and omnichannel was already growing more than twice as fast as traditional retail. Big Data, Artificial Intelligence & Machine Learning. SCP is becoming a Giant Data solution.

Supply Chain Planning Software 288

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Invata Intralogistics

FEBRUARY 21, 2024

As businesses strive to meet these demands, the debate between micro-fulfillment centers (MFCs) and traditional warehousing solutions has taken center stage. Unlike traditional warehouses in less expensive, outlying areas, MFCs are embedded within cities to reduce delivery times significantly.

Warehousing 52

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Enterra Insights

JUNE 28, 2022

Further, logistics, also known as distribution, is responsible for the materials-handling, order-placing, warehousing-management, carrier selection, product or service delivery, and product and service recovery.” The Logistics Plus staff reports, “It is estimated that the transportation and warehousing segment in the U.S.

Logistics Network Optimization Software 130

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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.

Prescriptive Analytics Software 52

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Enterra Insights

AUGUST 16, 2022

.”[1] For all practical purposes, the last mile begins when products arrive at the warehouse, which has sparked great interest warehouse space. … An increase in online shopping has furthered the trend, creating greater demand for warehouses to hold ordered items. . Last Mile Innovation. As Robert J.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Enterra Insights

AUGUST 16, 2022

.”[1] For all practical purposes, the last mile begins when products arrive at the warehouse, which has sparked great interest warehouse space. … An increase in online shopping has furthered the trend, creating greater demand for warehouses to hold ordered items. . Last Mile Innovation. As Robert J.

Innovation 130

Innovation Supply Chain Planning Software Waste Reduction Supply and Demand 130

Enterra Insights

APRIL 18, 2019

The digital path to purchase is becoming the norm for many consumers and both retailers and manufacturers are taking notice. ”[1] It’s clear when SCD staffers write about “the power of digitization” they are referring to a combination of big data and advanced analytics found in cognitive computing systems.

Omnichannel 100

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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. Despite the challenges, retail fulfillment does benefit from automation.

Inventory Reduction 58

Inventory Reduction Cost Reduction Strategies Omnichannel Supply Chain Strategy 58

Logistics Viewpoints

MARCH 27, 2023

In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. Demand forecasts are improved with access to downstream data (point of sale, Nielsen retail data, and access to competitor promotion schedules). This increases sales. Doing this, increases the benefits.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

GlobalTranz

MAY 9, 2017

Today’s technology is not equipped to handle such large warehouses, but Amazon’s patent suggests the technology may be possible within the next decade. Additional benefits of such technology could include avoiding weather delays, increasing delivery windows for customers and avoiding space issues with ground-based warehouses.

Supply Chain Software 137

Supply Chain Software Supply Chain Planning Software Transportation Supply Chain Planning 137

Veridian Solutions

NOVEMBER 6, 2019

Supply chain leaders need to understand how failures in the warehouse management system (WMS) could lead to poor experiences, how it affects efficiency, and a few best practices to increase the speed of fulfillment and delivery through peak season and beyond. Warehouse Management Demands Efficiency and Extreme Accuracy.

Supply Chain Planning Software 45

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Veridian Solutions

SEPTEMBER 27, 2018

Although e-commerce represents 10 percent of total retail sales, it has had an interesting effect. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

Inventory Management Software 53

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Supply Chain Shaman

JANUARY 18, 2016

For December 2015, retail sales were the lowest since 2009. The Amazon Impact is having an impact on Wal-Mart and retail in general. I expect a somber mood at the National Retail show. As a result, both retail and consumer products processes are being redefined. Retail generic products sold through new channels.

Supply Chain Planning Software 150

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Locus Robotics

JULY 5, 2019

Is deploying warehouse robotics to automate piece picking for fulfillment operations at an inflection point? Using warehouse robotics to improve today’s fulfillment industry is not at a simple inflection point. I just returned from a trip to Europe where I met with the executive team from one of the country’s largest retailers.

Warehousing 40

Warehousing Cost Reduction Strategies Vendor Strategies Price Reduction 40

BlueYonder

JANUARY 5, 2016

This consumer demand for “Me” retail is transforming everything from the role of the store to supply chain operations to how retailers plan and assort to match volatile shopper demand. This requires a new generation of retail planning software that combines the art of merchandising with the science of big data analytics.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Optimization Software Retail 40

Enterra Insights

DECEMBER 17, 2018

Daphne Howland ( @daphnehowland ) reports, “More than half (51%) of retailers say they now offer same-day delivery, up from 16% last year, and within two years 65% plan to offer it, according to the ‘2017 Digital Commerce Benchmark Survey ‘ from retail management consulting firm BRP.”[2]. ”[2].

Innovation 100

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Enterra Insights

JUNE 22, 2022

”[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.” The likes of Walmart Inc.,

Inventory Reduction 130

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Enterra Insights

OCTOBER 13, 2023

retailers struggled to replace those products, leaving consumers empty-handed and frustrated. But, Paul Noble , founder and CEO of Verusen, explains, “It’s really what everyone did,” adding, “supply chain managers understood that that they were tying up their company’s working capital and warehousing space to keep excess inventory.

Modeling 130

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GlobalTranz

AUGUST 15, 2018

Tractica Research estimates that the worldwide sales of warehousing and logistics robots will reach $22.4 Robots are locating, tracking, and moving inventory inside warehouses, they are conveying and sorting oversized packages at ground distribution hubs. Big Data helps to oversee everything. billion by the end of 2021.

Logistics Network Optimization Software 135

Logistics Network Optimization Software Predictive Analytics Software Supply Chain Planning Software Optimal Sourcing 135

Enterra Insights

OCTOBER 25, 2022

Controlling smart factories and warehouses. Naveen Joshi ( @joshinav ), Founder and CEO of Allerin, explains, “Smart equipment like management systems for warehouses, pallets, robotic transport and containers act as a pillar to automated supply chains and help extract and create a greater value from each piece of equipment.

Logistics Network Optimization Software 130

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

RFgen

JUNE 5, 2016

Turning warehouse activities into digital information calls for mobile data collection devices. To do this, managers must have a constant view of items being added and subtracted from warehouses and other distribution locations. The post Creating a Digital Warehouse: Turning Boxes Into Numbers appeared first on RFgen.

Warehousing 52

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RFgen

JUNE 5, 2016

Turning warehouse activities into digital information calls for mobile data collection devices. To do this, managers must have a constant view of items being added and subtracted from warehouses and other distribution locations. The post Creating a Digital Warehouse: Turning Boxes Into Numbers appeared first on RFgen.

Warehousing 52

Warehousing Inventory Reduction Supply Chain Planning Software Inventory Management Software 52

GlobalTranz

DECEMBER 14, 2018

Although dozens of conferences exist around the globe, warehouse managers should consider going to one of the best supply chain conferences of 2019 (plus MODEX, which is held in even-numbered years and occurs in 2020). There is no reason you should not at least make it to the low-cost conferences in the coming year.

Conference 196

Conference Supply Chain Planning Software Gartner Pharmaceutical 196

Enterra Insights

MAY 26, 2022

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. 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.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

GlobalTranz

MARCH 15, 2018

From the Blockchain in Trucking Alliance (BiTA) to the use of the internet of Things, explains i-Scoop , intelligent supply chain management is changing the game for traditional warehouses, retailers, consumers, and employees alike. Use big data and algorithms to improve operations.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Supply Chain Design 188

RFgen

JANUARY 21, 2016

As retailers study their current warehouse operations, they have to keep one eye on innovations positioned to become industry standards. This affects warehouse management because inventory employees must prep orders pouring in from numerous sales channels. Smarter Technology in Warehouse Management.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52

RFgen

JANUARY 21, 2016

As retailers study their current warehouse operations, they have to keep one eye on innovations positioned to become industry standards. This affects warehouse management because inventory employees must prep orders pouring in from numerous sales channels. Smarter Technology in Warehouse Management.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Inventory Management Resource Reduction 52