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The Top 3 Takeaways from EuroShop 2023

ToolsGroup

Here are the three key takeaways on retailers’ minds. Improving Margins and Supply Chain Efficiency We heard loud and clear from many attendees that they are most concerned with discovering new ways to widen their profit margins while increasing their efficiency. Read the blog now to discover insights into peer strategies→ 2.

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Building Your Resilient Enterprise? Don’t Forget Cybersecurity!

Logility

If the importance of resilience gets diluted and filed under ‘IT project’ or ‘inventory reduction ideas,’ beware. . The proliferation of the Industrial Internet of Things (IIoT) and operational technology (OT) has expanded the use of OEM devices and the role third parties play in your security.

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Shorter Trend Cycles: An Inventory Management Nightmare

Clear Spider

In the fast-paced world of seasonal inventory, trend forecasting is crucial for success. Traditionally, companies built inventory management strategies around long-term forecasting and stable market conditions. If businesses are going to keep up, they’ll need to adopt new inventory management strategies.

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How to create a reliable supply chain with effective forecasting and inventory management

SYSPRO Smarter ERP

Ask manufacturing leaders what changes they plan to make in the next three years in the wake of the coronavirus pandemic, and they will likely say their use of technology will deepen as more and more players in their supply chains come to rely on digital connections for daily interactions. Material scarcity:? Changing consumer attitudes:?

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The Role of AI in Inventory Management

ThroughPut

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?

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Q&A With Women Making a Big Impact in Supply Chain

ToolsGroup

However, one of the biggest challenges is keeping women progressing mid-way through their careers, as new opportunities and mentors are often absent. Q&A with three inspiring women in supply chain. The truth is women have long been underrepresented in supply chain leadership. Which many strong females happen to possess.

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Is Your Supply Chain Ready for Social Media-Fueled Demand Volatility?

ToolsGroup

Supply chain practitioners know trends like product line proliferation, shorter product life cycles, increased complexity, massive amounts of data and ever more demanding and unpredictable customers are accelerating. Gartner offers three recommendations to help achieve this goal: 1. retail stores.