Logistics Viewpoints

APRIL 10, 2023

Or, alternatively, a company carries too much inventory, storage for excess inventory must be purchased, and cash flows become tight. The Franklin Sports Supply Chain 75% of Franklin Sports goods products, by revenue, are produced by third party contract manufacturers. 25% of the products are purchased and then kitted by the company.

Security 199

Security Supply Chain Planning Jordan Forecasting 199

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Logistics Viewpoints

OCTOBER 19, 2023

Even worse, I work for a company who makes solutions to help companies solve these kinds of problems, which I listen, speak and write about for a living! By the end of the year, I realized that the arrival window was merely being postponed automatically and repeatedly at the same cadence, so I called customer service.

Supply Chain Planning Software 226

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Planning 226

QAD

JULY 21, 2022

It occurs when unexpected upswings in demand or “demand distortions” are amplified upstream, starting from the consumer, moving to the retailer and distributor and finally to the producer, which may or may not be able to increase production for a demand that may or may not last. Causes of the Bullwhip Effect. Integrated Supplier Management.

Price Reduction 94

Price Reduction Inventory Reduction Cost Reduction Strategies Optimal Sourcing 94

IQMS

MARCH 27, 2020

The COVID-19 pandemic has pushed manufacturers to rapidly shift gears, from addressing work-from-home policies to managing extreme swings in demand and uncertain supply chains. In the process, it has highlighted an aspect of manufacturing ERP that is not as visible in more normal times— business continuity.

Manufacturing Procurement 64

Manufacturing Procurement Manufacturing Supply Chain Planning Software Demand Planning Software 64

Supply Chain Shaman

JUNE 14, 2018

In this series of posts, I am going to make an argument to augment ERP planning with new cloud-based solutions to improve decision-making. Yes, companies need the right materials at the right time to drive customer service. Let’s take a closer look at sourcing. The headline is parts are not parts.

Optimal Sourcing 173

Optimal Sourcing Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain 173

GlobalTranz

APRIL 6, 2021

Supply chain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks. Embracing technology is part of that solution. Panic Buying Challenged Retailers and Suppliers. Manufacturing and supply chains couldn’t ramp up fast enough.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

Unleashed

AUGUST 16, 2023

Goods available to be purchased on backorder can mean the difference between a lost sale and a satisfied customer. Putting an item on backorder reserves future stock for a specific customer. A backorder occurs when a customer places an order for a product that is currently out of stock or unavailable.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Manufacturing Procurement Inventory Reduction 52

Unleashed

OCTOBER 30, 2023

Ecommerce consumers want fast, accurate deliveries and a transparent purchasing process. When it comes to customer service, how you manage your WooCommerce order fulfilment plays a vital role in meeting customer expectations. For a retailer, this can mean sourcing bulk goods directly from wholesalers or manufacturers.

Inventory Management Software 52

Inventory Management Software Manufacturing Procurement Procurement Solutions Material Savings 52

Logistics Viewpoints

JANUARY 20, 2022

As online retail continues its impressive growth, consumers and retailers alike are realizing the importance of delivery and its impact on purchase decisions. Retailers with faster, cheaper, more flexible and more sustainable shipping have a competitive advantage. Delivery Visibility.

Manufacturing Procurement 182

Manufacturing Procurement Procurement Solutions Purchasing Skills Inventory Reduction 182

o9 Solutions

MAY 26, 2021

Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Modeling Material Savings 52

ThroughPut

DECEMBER 4, 2022

In the past two years, there has been a shift in how supermarket & retail grocery supply chains function. Store replenishment is one a core operational process for retail planners and one of the biggest challenges faced by them is the trade-off between stock availability and excess stock. Importance of Demand-driven Replenishment.

Inventory Reduction 52

Inventory Reduction Resource Reduction Cost Reduction Strategies Sourcing Strategies 52

Logility

AUGUST 25, 2021

ATLANTA (August 25, 2021) American Software, Inc. million for the same period last year, and Software license revenues were $0.5 million for the same period last year, reflecting our continued transition to the Software as a Service (SaaS) engagement model. About American Software, Inc. million compared to $0.8

Supply Chain Planning Software 130

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Design Software Demand Planning Software 130

Unleashed

MARCH 26, 2023

In this article, we break down native Xero inventory management and compare it with using an integrated Xero inventory software system. Free trial: Try Unleashed + Xero Inventory Management Software completely free for 14 days. Do you need integrated Xero inventory software? Xero is an incredibly versatile tool.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 52

Logistics Viewpoints

FEBRUARY 8, 2022

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. This new behavior means that manufacturers and retailers need to anticipate consumer needs across channels with more accuracy than ever.

Logistics Network Optimization Software 188

Logistics Network Optimization Software Optimal Sourcing Supply Chain Planning Software Modeling 188

Unleashed

DECEMBER 10, 2023

So, when it comes to investing in supply chain software, how do you know which solution is best for you? We’ll dive into the unique features and functionality – and explore which types of companies the two systems are best suited for to help you decide which is the right software for your business needs. What is an ERP system?

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 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

Supply Chain Shaman

JANUARY 21, 2014

Let’s start with these: Demand Sensing: The reduction of time to sense purchase and channel takeaway. Demand Latency: The latency of demand signal due to demand translation of a customer purchase through the supply chain to an order for a trading partner. The purchase of a product by a customer in the channel.

Supply and Demand 334

Supply and Demand Modeling Demand Planning Software Forecasting 334

Logility

NOVEMBER 18, 2021

ATLANTA (November 18, 2021) American Software, Inc. million for the same period last year and software license revenues were up slightly to $0.8 million for the same period last year, while Software license revenues were $1.3 NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2022.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Demand Planning Software Analytics Software 130

Logility

MAY 25, 2023

It’s a delicate balancing act that directly influences a company’s profitability and customer service levels. Poor inventory management can lead to stockouts, overstocks, or worse, lost customers. In a world where customer loyalty is hard-earned, that’s a price no business can afford to pay.

Inventory Reduction 130

Inventory Reduction Inventory Management Software Optimal Sourcing Inventory 130

ThroughPut

MAY 23, 2024

The Bullwhip Effect is a phenomenon where slight fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels. Increased Costs The erratic demand patterns caused by the Bullwhip Effect can increase production and purchasing costs.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Price Reduction 52

Unleashed

MAY 20, 2024

Eric Artz, president and CEO of the retail and outdoor recreation giant REI Co-op, didn’t let a 2.4% UK & US manufacturing sectors shrink as costs rise, new orders fall. a) Actual b) Aquatic c) Acrylic d) Accrual (Scroll to the bottom of this page to reveal the solutions) 6 ways to improve supply chain visibility 1.

Supply Chain Planning Software 52

Supply Chain Planning Software Forecasting Software Logistics Network Optimization Software S&OP 52

o9 Solutions

MAY 26, 2021

Stijn-Pieter van Houten, both Vice President, Industry Strategy, o9 Solutions. In particular, the landscape is being challenged with a number of fundamental drivers: The changing consumer preferences with the move towards fresh, natural/organic/healthy, convenience foods and locally sourced products but at the same time looking for value.

Manufacturing Procurement 52

Manufacturing Procurement Modeling Supply Chain Planning Software Optimal Sourcing 52

Logistics Bureau

APRIL 3, 2023

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. Indeed, I caution you against outsourcing anything you consider a core business function.

Optimal Sourcing 74

Optimal Sourcing Cost Reduction Strategies Material Savings Inventory Reduction 74

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

Unleashed

FEBRUARY 12, 2024

Customer service and satisfaction: 37% of consumers who encounter a stockout will choose to shop with another business, and nearly 10% will buy nothing at all. Carrying the right amount of inventory ensures that products are available when customers need them. The monthly rent for the warehouse is $2,000.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

ToolsGroup

SEPTEMBER 22, 2020

Surveys have shown that consumers are 71% more likely to make a purchase based on social media referrals, and 47% of millennials’ purchases are influenced by social media1. retail stores. retail stores. Other sources: 1 [link]. Of course, today’s hot item can change on a dime. November 2019. 2 [link].

Supply and Demand 156

Supply and Demand Gartner Supply Chain Design Software Supply Chain Planning Software 156

Enterra Insights

NOVEMBER 15, 2021

Michael Mclaren ( @michaeljmclaren ), Global CEO for the B2B Group at Merkle, writes, “As the ongoing growth debate between customer retention and acquisition continues, one thing is for certain: managing the entire ‘customer lifecycle’ is arguably the most important aspect of marketing today.”[3] ”[5].

Purchasing Skills 130

Purchasing Skills Supply Chain Design Software Procurement Solutions Price Reduction 130

Unleashed

DECEMBER 5, 2023

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. But with every hyper-advanced AI solution comes new concerns and risks we must keep in mind.

Inventory Management Software 52

Inventory Management Software Predictive Analytics Software Supply Chain Design Software Demand Planning Software 52

Kinaxis

DECEMBER 21, 2016

But for retailers, it’s a lot more complicated – they can’t just ask their customers to write letters to Santa; rather, they need a flexible supply chain to meet customer needs. Last year, Americans spent more than $635 billion during the Christmas season, accounting for up to 30% of annual sales for some retailers.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Forecasting Software 100

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. ”[5].

Retail 100

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

Unleashed

FEBRUARY 18, 2019

Innovative technologies have made their mark on every aspect of manufacturing , retail and eCommerce business, from product design through to after sale service. Following are just five of the reasons you should be investing in modern inventory solutions to achieve optimum inventory control. Real time inventory.

Inventory Reduction 70

Inventory Reduction Inventory Management Software Supply Chain Design Software Procurement Solutions 70

Unleashed

AUGUST 30, 2022

Amid the pandemic-fuelled rise in digital sales, customers are increasingly looking to cut out middlemen and deal directly with a manufacturer. The rise of D2C has been accelerated by the Covid pandemic, as customers have turned to eCommerce and looked for ways to save. Who uses D2C eCommerce? How does D2C eCommerce work?

Inventory Reduction 98

Inventory Reduction Purchasing Skills Price Reduction Cost Reduction Strategies 98

GlobalTranz

DECEMBER 29, 2014

We’ve already listed the top 10 manufacturing blog posts and the top 10 supply chain blog posts last week. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. If the product is defective, the customer would return the product.

Logistics Network Optimization Software 243

Logistics Network Optimization Software Reverse Logistics Manufacturing Procurement Logistics 243

Vinculum

OCTOBER 16, 2021

Diminished margins and a decrease in the number of customers willing to come into actual retail establishments to make purchases are two major causes behind this. D2C e-commerce is the retail strategy of selling products through various online channels and online marketplaces, such as Etsy, Amazon, eBay, and others.

Price Reduction 52

Price Reduction Manufacturing Procurement Vendor Strategies Cost Reduction Strategies 52

Logility

OCTOBER 24, 2016

Being a technical person, I was not sought out to assist in procuring fashion related items (bedspreads, towels, rugs, wall decorations), but was instead assigned to the refrigerator and microwave end of the spectrum. Dorm refrigerators and microwaves can be bought from a variety of retailers, both online and in-store.

Optimal Sourcing 127

Optimal Sourcing Manufacturing Procurement Forecasting Purchasing Skills 127

ShipBob

SEPTEMBER 20, 2021

The process involves complex steps, from procurement, to shipping products to end users, often resulting in a lack of visibility and high operational costs. No wonder many businesses struggle with supply chain delays and poor customer service! . 56% of retailers experienced moderate disruption from the pandemic.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 52