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How to Avoid the Most Common Pitfall of Markdowns

ToolsGroup

Still, too few have recognized the need to apply the same reflection to pricing strategy, especially when it comes to markdowns. Deep discounting as a survival strategy According to McKinsey , deep discounting is a primary strategy that retailers are using to survive the retail contraction caused by Covid-19.

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Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

At the end of the day, customers buy based on value not on the cool factor of the technology. Kearney, Boston Consulting Group, Cap Gemini, Deloitte, E&Y, IBM, and McKinsey, they get more of the same. Second Step: Understand the Role of Inventory. Companies are unsure if inventory is a bad or a good thing. What to Do?

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ToolsGroup Acquires Onera to Extend Retail Platform from Planning to Execution

ToolsGroup

Solutions enable real-time inventory availability and fulfillment optimization for retailers. BOSTON—June 7, 2022 — ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Onera, a provider of real-time inventory availability and fulfillment software solutions to retailers.

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5 Reasons Why You Need Procurement Planning Software

New Horizon Supply Chain Blog

Procurement planning functionality (essentially the planning of future purchase orders) is typically a subset of broader supply planning applications that plan manufacturing work orders, inventory levels, shipments, as well as purchase orders, to meet demand.

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Supply Visibility: More Important Than Ever. Yet Elusive.

Supply Chain Shaman

As a result, most projects are not clear in scope, with the implementation of visibility as a “functional extension to existing process” lacking a holistic outside-in approach/strategy to sense, respond, and act. In 2004, I joined AMR Research, a Boston Analyst firm. Design an Over-Arching Strategy and Building Blocks.

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Let the Design Begin…

Supply Chain Shaman

They came to Boston to tell us the story of Llamasoft. With the purchase of i2 by JDA, and Logictools by IBM, manufacturing companies serious about network design started looking for a company, with a well-established community, that was more serious about network design. It could no longer be just about inventory levels.

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Digital Transformation Helps with Corporate Alignment

Enterra Insights

.” Nevertheless, they note, “An organization has a far better chance at succeeding when its operating model — or how the organization creates value — is aligned to its strategy.” For example, manufacturing may be tasked to fill all orders which requires having inventory on-hand in distribution centers. ” 10.

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