Enterra Insights

DECEMBER 16, 2021

Back in April 2021, journalist Ben Popken ( @bpopken ) wrote, “Shoppers had better start budgeting more for their groceries, according to the latest consumer price index [CPI], which shows prices are increasing — and they’re likely to keep going up.”[1] ”[1] His prediction proved accurate. In November, the U.S.

Supply Chain Design Software 130

Supply Chain Design Software Predictive Analytics Software Pricing Training Purchasing Skills 130

Enterra Insights

JULY 20, 2021

The staff at Consumer Goods Technology (CGT) explains, “If 2020 was a Dickens novel about consumer goods, it might be called a tale of two categories: essential and non-essential. The former saw the better of times in which the belief in their products gave consumers hope. on a two-year basis. ”[3].

Retail 100

Retail Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 100

Enterra Insights

OCTOBER 7, 2021

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. Regardless of whether consumers are buying products because they are bored or truly need them, they are finding the convenience of online purchasing to their liking.

Modeling Software 130

Modeling Software Supply Chain Planning Software Procurement Analytics Analytics Software 130

Enterra Insights

SEPTEMBER 2, 2021

As I reported in Part 1 of this article, Jon Reily ( @jonreily ), an experience and commerce executive at Merkle, wisely suggests the first step when developing a DTC strategy is to determine why your company wants to get into the DTC arena in the first place. ” What constitutes a “value proposition” can be broadly defined.

Price Reduction 130

Price Reduction Manufacturing Procurement Supply Chain Planning Software Analytics Software 130

Alloy

FEBRUARY 4, 2024

Get More Out of Your Kroger 84.51° and Market6 Data How Automation and Advanced Metrics You Won’t Get in 84.51° can help you grow your sales at Kroger and avoid inventory headaches. They are all essential parts of Kroger’s analytics capabilities and, if leveraged correctly, can provide crucial insights to improve business operations.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Unleashed

FEBRUARY 14, 2024

Common examples of finished goods inventory include: Fast-moving consumer goods Electronics Clothing Healthcare products Homeware Vehicles Retailers will typically refer to finished goods as merchandise inventory. The finished goods inventory formula is critical for deriving accurate inventory levels.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

Logistics Viewpoints

MARCH 3, 2023

According to a recent report, the company canceled, closed, or delayed 99 fulfillment facilities, impacting nearly 32.3 The process, called binder jetting, can boost productivity tenfold, while the use of metal powders is more cost-effective than laser-based 3D-printing powder. Technology partner Fulfil Solutions Inc.,

Logistics Network Optimization Software 201

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Cost Reduction Strategies 201

Alloy

JANUARY 24, 2019

IDC Study: Industry Trends and Why a Demand-Driven Organization is Critical Alloy recently commissioned IDC for a Market Spotlight on the future direction of consumer goods companies, which you can read here. Thus, the supply chain becomes a “critical competitive weapon,” according to the report.

Procurement Analytics 40

Procurement Analytics Alloy Demand Planning Software Supply and Demand 40

Unleashed

FEBRUARY 1, 2023

The demand planning process can be extremely complex as it requires the analysis of numerous factors, including historic and current datasets and internal analytics. In a fast-moving industry such as consumer goods, a shorter timeframe may be preferred. They must draw on all these factors to create a ‘demand plan’.

Supply and Demand 52

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

ThroughPut

DECEMBER 5, 2023

Keeping up with demand and market trends challenges most supply chain operators. Demand forecasting is the process of predicting future demand for a product or service, which helps businesses plan and allocate resources effectively. It enables you to get a baseline prediction. How is that helpful?

Supply and Demand 52

Supply and Demand Forecasting Forecasting Software Demand Planning Software 52

RFgen

NOVEMBER 13, 2016

The pattern of consumers valuing sustainable and ethical decisions made by companies is nothing new in the business world. The notable shift involving this long-term trend has to do with how many consumers are either passively influenced by information about sustainability or actively seek out such data before making purchasing decisions.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Expense Reduction 52

RFgen

NOVEMBER 13, 2016

The pattern of consumers valuing sustainable and ethical decisions made by companies is nothing new in the business world. The notable shift involving this long-term trend has to do with how many consumers are either passively influenced by information about sustainability or actively seek out such data before making purchasing decisions.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Procurement Solutions Expense Reduction 52

Enterra Insights

JULY 19, 2021

D’Innocenzio explains, “The return to store shopping, highlighted in many retailers’ earnings reports in recent days, offers a big relief in part because shoppers return less when they make their purchases at the store — 8% compared with 25% for online, according to Forrester Research. 3] They are: 1. All told, U.S.

Retail 130

Retail Procurement Analytics Purchasing Skills Research 130

Arkieva

JULY 25, 2016

While demand seems to be on an uptick for manufacturers especially in the consumer goods industry, an increase in online shopping could also lead to a scarcity in the availability of distribution centers in the near future. And CBRE’s most recent report on the U.S. in 2015, of which 50% to 75% comprised warehouses.

Supply Chain Planning Software 60

Supply Chain Planning Software Manufacturing Procurement Procurement Solutions Supply Chain Software 60

Supply Chain Matters

AUGUST 22, 2022

Last week’s quarterly financial performance reporting among major U.S. The retailer had reported a big earnings miss as higher inventories and supply chain related costs dragged down expected profitability. This week’s report of Target’s financial performance reflected that action, but operating margins actually declined to 1.2

Inventory Management Software 52

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

Unleashed

NOVEMBER 15, 2021

Mass customisation is also known as: Made-to-order Built-to-order Increasingly popular in the retail goods sector – but also used in the automotive, software and finance sectors – mass customisation allows customers to purchase a product that is more ‘them’. What about mass customisation in software?

Inventory Management Software 98

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

Locus

OCTOBER 21, 2022

Between the Covid-19 waves, a trend emerged in the US and the rest of the world that earned the popular name of ‘revenge shopping’. According to McKinsey’s latest consumer pulse survey, Spending in March 2020 was down by 18% as compared to two years later. There seems to be a similar uptick across other geographies as well.

Demand Planning Software 52

Demand Planning Software Supply and Demand Retail Supply Chain Planning Software 52

SupplyPike

JUNE 15, 2020

Learn about: The definition of consumer packaged goods The types of CPGs What the CPG marketplace looks like Top trends in the CPG industry. Consumer packaged goods (CPG) describe merchandise that has to be reloaded frequently, as opposed to items that can be replenished after longer durations. Purpose-led brands.

Packaging 56

Packaging Manufacturing Procurement Purchasing Skills Consumer Goods 56

Logility

JULY 20, 2023

That’s why it’s essential to be sure you’re equipping your organization with the right demand planning software. When you choose the right solution, you can stay ahead of fluctuations in customer demand, achieve high levels of forecast accuracy, handle seasonality, and drive collaboration across supply chain stakeholders.

Supply and Demand 185

Supply and Demand Supply Chain Planning Software Demand Planning Software Forecasting Software 185

DynaSys

MARCH 5, 2019

Sales in mainland China have grown by 18% in 2017 after a two-year crisis that spread doubt in the market (figures reported by Claudia d’Arpizio, partner at Bain). For example, European consumers prefer to buy in their region (75%), then abroad (19%) or at the airport (6%). .” The trend goes and must go to ultra customization!

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain Eliminating Excel in Purchasing United Arab Emirates Trends 75

Jaggaer

JANUARY 28, 2020

Sign up here to catch the next live webinar on February 27 : The Path to Sustainability: Establishing Digital Supplier Management with a Sustainable Solution . Does this trend only apply to manufacturing, or do you see the same thing playing out in spend on services like IT, maintenance, and security? . . Purchasing.

Negotiate Pricing 59

Negotiate Pricing Negotiating Skills Purchasing Skills Manufacturing Procurement 59

EcoVadis

JULY 11, 2016

This workshop brought together Global Compact LEAD companies and other members convened to define and bring urgency to sustainable procurement, and to discuss how they can motivate and mobilize their companies to address this next frontier in Corporate Social Responsibility (CSR) progress.

Procurement Analytics 40

Procurement Analytics Sustainability Pharmaceutical Supply Chain Strategy 40

QAD

MAY 19, 2021

While spreadsheets and manually tracked processes can help organize internal processes in the early days of any business, manufacturers and suppliers often turn to enterprise software like ERP or CRM to help scale their business. Retail and Consumer Goods. Analytics and Reporting. But when do you need ERP and CRM?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Inventory Management Software 52

QAD

JUNE 16, 2021

As manufacturing and supply chains scale to meet larger global needs, real-time data and software systems allow manufacturers to automate processes and make smart data-driven decisions. Two commonly implemented software systems are ERP (enterprise resource planning) and MRP (material requirements planning). What is an MRP System?

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 52

Enterra Insights

OCTOBER 17, 2018

Deloitte analysts John Ferraioli ( @Ferraioli ) and Rick Burke explain, “The digital supply network (DSN) can be a powerful tool for companies, allowing them to harness data and information to make more effective decisions in the physical world via their assets, machines, and people. Footnotes. [1] 5] Robert J. Bowman, “ A.I.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Supply Chain Optimization 100

RFgen

APRIL 18, 2018

Before we explore the key takeaways from last year’s holiday shopping season, let’s first look at the raw results , based on reports from the National Retail Federation: Sales were higher than in 2016, reaching $691.9 Mobile data collection solutions can empower workers to complete tasks in the easiest way possible.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Third Party Logistics Logistics Network Optimization Software 52

RFgen

APRIL 18, 2018

Before we explore the key takeaways from last year’s holiday shopping season, let’s first look at the raw results , based on reports from the National Retail Federation: Sales were higher than in 2016, reaching $691.9 Mobile data collection solutions can empower workers to complete tasks in the easiest way possible.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Third Party Logistics Logistics Network Optimization Software 52

Enterra Insights

AUGUST 13, 2020

According to Katie Evans, “Grocery cart sizes increased abruptly by 33% month over month in mid-February but have since trended down as consumers settle into sheltering in place, online grocery prices rise, and physical stores begin to reopen, Adobe says. And consumer purchasing patterns are changing rapidly.

Price Reduction 100

Price Reduction Purchasing Skills Cost Reduction Strategies Food 100

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

The right technology solutions allow supply chain operations to make data-driven decisions and provide a competitive advantage, particularly if an organization’s competitors are slow to adopt the latest technology advancements. We’ll discuss robotics solutions in more detail later in this guide. Advanced and predictive analytics.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

EMERGE App

MAY 28, 2019

As every wholesaler, distributor and trader can tell you, holding a physical stock is a major bugbear of their business model. Unlike Software as a Service providers such as EMERGE App, traditional businesses need to purchase and store stock before they can sell them, hopefully, for a profit.

Inventory Reduction 45

Inventory Reduction Cost Reduction Strategies Expense Reduction Material Savings 45

Enterra Insights

JULY 21, 2021

“The ripple effects of the pandemic will be felt for some time and serve as a powerful illustration of the need for consumer-facing companies to be agile, resilient, and responsive to change,” asserts Oliver Wright ( @owright001 ), senior managing director and head of Accenture’s global consumer goods industry group.[1]

Optimal Sourcing 100

Optimal Sourcing Retail Analytics Software Optimization Software 100

Cognira

OCTOBER 3, 2023

Discover the secrets of success, stay updated on the latest trends, and harness these transformative technologies to supercharge your promotional pricing strategy. These promotions play crucial roles in seasonal sales, inventory management, and incentivizing bulk purchases. Welcome to the future of retail.

Price Reduction 52

Price Reduction Waste Reduction Inventory Reduction Vendor Strategies 52

Locus Robotics

JULY 5, 2019

Amazon’s delivery network is a logistics marvel that allows room for the delivery of virtually any consumer good to the doorstep in a matter of days or even hours. E-Commerce providers and 3PLs are under increasing pressure to match Amazon’s speed, cost efficiencies, and accuracy. Locus is an arms dealer in the arms race.

Warehousing 40

Warehousing Cost Reduction Strategies Vendor Strategies Price Reduction 40

ShipBob

APRIL 13, 2021

However, there is a wide range of metrics that you should be tracking to help your online store grow. Why ecommerce performance metrics are important. This is a good KPI because it: Has a quantifiable target of 1,000 new customers and. Why are ecommerce performance metrics important to your online store? Sales KPIs.

Procurement Analytics 95

Procurement Analytics Logistics Network Optimization Software Analytics Software Optimization Software 95

Enterra Insights

MAY 9, 2022

This created a new retail landscape — on both the consumer and supplier side. On the supplier side, Saloumeh (Sally) Sabet, global lead of Consumer Goods Go to Market for Pitcher, explains, “Historically, the consumer goods suppliers with the most sales presence in the field used to be the ones leading the retail execution space.

Omnichannel 130

Omnichannel Retail Purchasing Skills Inventory Reduction 130

ShipBob

FEBRUARY 26, 2024

It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Your forecasting process goes through multiple checks and balances, giving you the opportunity to identify deviations and exceptions and create more accurate predictions.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Alloy

FEBRUARY 7, 2019

Out-of-stocks is an age-old problem that continues to confound the consumer goods and retail industry. It translates to billions of dollars in lost sales each year, as well as being a drain on time and resources and dealing a blow to consumer brand loyalty. after consumers have already been turned away.

Forecasting Software 40

Forecasting Software Analytics Software Forecasting Procurement Solutions 40