ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. ToolsGroup, with its comprehensive technology and customer experience management, has received strong ratings across the parameters of technology excellence and customer impact.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

Logility

MAY 25, 2023

In today’s fast-paced and unpredictable global market, the secret to maintaining a competitive edge lies in a key area—robust inventory control techniques. Inventory control is the act of managing and organizing stock to meet customer demand without surplus or deficiency. billion each year.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

BlueYonder

MARCH 11, 2024

In our exploration of end-to-end retail integration, we’ve laid out a sensible grocery retail roadmap for getting there, what it looks like in other verticals when done right, and errors to avoid when making the transition. And not just any kind. The one element missing here is, of course, the human touch at the center of it all.

Supply Chain Planning Software 79

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Retail 79

Enterra Insights

JUNE 25, 2019

Retail Shrinkage is a serious retail challenge, especially when its causes can’t be accurately determined. For the last few years, inventory shrinkage has annually cost U.S. retailers just under $50 billion combined. ” Regardless of how inventory is lost, shrinkage costs retailers a lot of money.

Inventory Reduction 100

Inventory Reduction Cost Reduction Strategies Inventory Vendor Strategies 100

Logility

AUGUST 17, 2021

Managing consumer packaged goods inventory is challenging at the best of times, and it can be debilitating during times of local or international disruption. An advanced inventory planning and optimization solution allows these companies to set and maintain precise stock targets across a global network. Robust Inventory Management.

Modeling 130

Modeling Inventory Reduction Supply Chain Optimization Packaging 130

ThroughPut

MARCH 27, 2024

The Evolution of Retail Supply Chain & Logistics: A Pre-AI Overview In the pre-AI era, the retail sector was markedly different, especially since the traditional supply chain and logistics models were largely driven by manual labor. How is AI Revolutionizing Retail Supply Chains?

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Logility

JANUARY 12, 2024

Navigating the $5 trillion North American apparel market requires precision, especially when dealing with the intricate complexities of forecasting and inventory management. AI-first forecasting is crucial in achieving this efficiency—transforming the retail planning landscape and driving financial success in the apparel market.

Inventory Reduction 246

Inventory Reduction Waste Reduction Resource Reduction Cost Reduction Strategies 246

ToolsGroup

FEBRUARY 7, 2022

The wonderful world of retail. The Retail Trends Shaping How We Shop in 2022. The Retail Trends Shaping How We Shop in 2022. From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

Supply Chain Matters

AUGUST 15, 2022

Supply Chain Matters updates readers on yet another turnabout in supply chain and customer service direction for a once high flyer in premium interactive fitness equipment and services. Further announced was an assessment of owned retail operations in the U.S. Inventory Glut of Bicycles. over the coming months.

Inventory Reduction 52

Inventory Reduction Customer Service Price Reduction Cost Reduction Strategies 52

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

ToolsGroup

JANUARY 7, 2020

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Having the right inventory in the right location brings a variety of waste-reduction benefits.

Inventory Reduction 194

Inventory Reduction Supply Chain Planning Software Waste Reduction Vendor Strategies 194

Supply Chain Shaman

FEBRUARY 1, 2024

Let’s take a couple of examples: Retail Available to Promise (ATP). A major retailer has 33 instances of Manhattan. Each is customized and runs on separate servers. Rolling up a perpetual inventory signal takes eleven hours. days to get a perpetual inventory signal and 2.2 On average, it takes 2.8

Supply Chain Planning Software 333

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 333

Logility

AUGUST 31, 2021

However, the consistent presence of out-of-stocks is frustrating brands across all beverage categories and their retailers. However, inventory optimization for beverage brands can help these organizations overcome such challenges with greater ease and speed. Tactical and strategic inventory modeling.

Modeling 130

Modeling Beverage Inventory Reduction Supply Chain Optimization 130

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost is an essential figure to understand. Without it, you’ll struggle to accurately measure profitability or make informed decisions around inventory management and cash flow. What is inventory carrying cost? Why is inventory carrying cost important?

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

Inventory Reduction 72

Inventory Reduction Inventory Management Software Inventory Management Eliminating Excel in Purchasing 72

Cathy Roberson

MAY 10, 2022

While there has been some easement, retailers are taking control of parts of their supply chains to control costs and strengthen networks. Meanwhile, Sherwin Williams uses their fleet as a supplement and maintains strong customer service. "We

Retail 109

Retail Material Savings Network Optimization Modeling 109

o9 Solutions

NOVEMBER 17, 2021

In client conversations, the following questions are common: We know we’re not going to have enough inventory during the holiday season. This is a hard question to answer because there are so many variables that influence the allocation of limited inventory across stores like profitability, customer service, brand risk and more.

Inventory Reduction 52

Inventory Reduction Supply Chain Planning Software Modeling Optimization Software 52

ToolsGroup

MARCH 7, 2023

Attended by an international audience of over 81,000 visitors, the event highlighted the latest retail innovations and boasted best-practice keynotes and presentations on timely and crucial industry strategies. Here are the three key takeaways on retailers’ minds. Read the blog now to discover insights into peer strategies→ 2.

Inventory Reduction 156

Inventory Reduction Waste Reduction Real-time Visibility Supply Chain Planning Software 156

Unleashed

FEBRUARY 8, 2024

Effective inventory tracking is a critical component of inventory management. It gives you the accurate data you need to make the best decisions for your brand, and positions you to meet customer expectations while reducing the cost of doing business. What is inventory tracking?

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

Logility

JANUARY 12, 2021

automating the digital transformation of supply chain optimization and advanced retail planning, invites you to the upcoming webcast: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization. Title: Roadmap to Overcoming Five Obstacles to Achieving Multi-Echelon Inventory Optimization.

Optimal Sourcing 130

Optimal Sourcing Logility Optimization Software Supply Chain Planning Software 130

ToolsGroup

OCTOBER 3, 2023

To achieve its growth objectives and exceed customer expectations, Grupo Mercury selected Service Optimizer 99+ (SO99+) , ToolsGroup’s suite of solutions that provides a unique probabilistic planning approach.

ToolsGroup 156

ToolsGroup Inventory Reduction Resource Reduction Supply Chain Planning Software 156

BlueYonder

JUNE 20, 2022

End-to-end supply chain digitalization has proven essential in addressing these macro issues by finding alternate suppliers, locating or diverting inventory, identifying new routes, and taking other strategic actions. The study reveals retailers’ key priorities, as well as strengths and weaknesses in their last-mile fulfillment capabilities.

Retail 78

Retail Logistics Network Optimization Software Modeling Optimization Software 78

Talking Logistics

SEPTEMBER 4, 2018

What is Inventory Management? For Manufacturing it’s about carrying zero or minimum inventory. For Logistics the focus is on high inventory turns. For Logistics the focus is on high inventory turns. Inventory Management is about having a right balance of expectations from different functions of the supply chain.

Inventory Reduction 117

Inventory Reduction Inventory Management Software Logistics Network Optimization Software Inventory Management 117

Elementum

APRIL 12, 2018

Since the 1990’s, when little-known clothing retailer Zara announced it could take a garment from concept to rack in just 15 days, “fast fashion” has captured the minds of consumers. However, this dynamic industry is now facing the same challenges as some traditional retailers —unsold inventory and profit losses.

Inventory Reduction 79

Inventory Reduction Retail Inventory Sourcing Strategies 79

BlueYonder

JUNE 5, 2023

This blog was co-written by Wayne Snyder, VP, Retail Industry Strategy, and Nina Seth, Product Marketing Director. Do you have inventory in the right locations to meet demand? Do you have an accurate view of inventory to prevent order cancellations during and post-checkout? There isn’t a lot of forgiveness in the retail sector.

Retail 55

Retail Inventory Reduction Price Reduction Cost Reduction Strategies 55

RFgen

MAY 10, 2023

The ability to control costs is critical for effective inventory management. Regaining control over your inventory can make your warehouse and shop floor more efficient. But how do you reduce inventory costs and maximize profit margins? Cutting Costs: Strategies for Reducing Inventory Costs 1. or higher.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Price Reduction Vendor Strategies 52

Enterra Insights

DECEMBER 20, 2018

Retail transactions are some of the oldest human activities. The next arena of exploration for the retail sector is artificial intelligence (AI). Will AI transform retail? For the most part, retail executives have gone beyond the hype and are now looking for real benefits from AI projects. ”[2]. .”[1]

Analytics Software 113

Analytics Software Predictive Analytics Software Supply Chain Design Software Supply Chain Software 113

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

ToolsGroup

OCTOBER 12, 2021

Brands like American Eagle Outfitters focused on inventory optimization and flexibility, supply chain transformation, lower SKU counts and fewer shipments per order for improved supply chain performance. So we thought it would be good to examine some key capabilities in fashion supply chain planning and the technologies that support them.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

Herlitz Inventory Management

OCTOBER 1, 2018

Maurice Sporting Goods selected HIMPACT, a best of breed supply chain solution for retail and wholesale. Since implementing HIMPACT, Maurice Sporting Goods is fully equipped to improve customer service levels, lower inventory, and increase profits.

Forecasting 40

Forecasting Optimal Sourcing Forecasting Software Customer Service 40

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

BlueYonder

DECEMBER 18, 2023

Blue Yonder has been named as a Leader in the IDC MarketScape: Worldwide Order Orchestration and Fulfillment Applications for Retail 2023 Vendor Assessment (doc #US49615623, December 2023). Since every retail organization is different, the IDC MarketScape also looked at the flexibility of the software.

Optimal Sourcing 95

Optimal Sourcing Procurement Analytics Supply Chain Planning Software Predictive Analytics Software 95

Enterra Insights

JANUARY 14, 2019

I’m certain a lot retail executives wish they had the power to stare into a crystal ball and see the future. Such a gift would have spared many of their companies from the consequences of the retail apocalypse. ”[1] If Pitassi is correct, the big question is: What does it mean to be “fit” in the retail sector?

Trends 100

Trends Retail Predictive Analytics Software Supply Chain Software 100

Unleashed

JANUARY 8, 2020

In our increasingly digital world, artificial intelligence (AI) is becoming part and parcel of our lives –and it is becoming particularly useful to business owners and inventory managers. In this article, we explore the relationship between AI and inventory management, and how AI can assist in inventory management. What is AI?

Inventory Management Software 87

Inventory Management Software Inventory Management Inventory Reduction Inventory 87

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. INVENTORY STRATEGY. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

Enterra Insights

FEBRUARY 19, 2019

By now, most people are aware of the spate of retailer bankruptcies and store closures referred to in the press as the Retail Apocalypse. “For years now,” writes Ryan Lester, Director of Customer Engagement Technologies at LogMeIn, “traditional retail stores have been under attack.

Retail 100

Retail Supply Chain Planning Software Supply Chain Design Software Inventory Management Software 100