ToolsGroup

JUNE 6, 2022

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.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

Supply Chain Shaman

JANUARY 2, 2023

The Center of Excellence at the company wanted to improve base-level capabilities but struggled to move forward due to the traditional views of the planning team, which they felt were self-serving. The team was not calibrated on the role of forecasting and the basics around process excellence. Granularity also differs. Be careful.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

Enterra Insights

DECEMBER 4, 2019

Traditionally the holiday shopping season has been a make-or-break time for retailers. It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

Supply Chain Shaman

DECEMBER 7, 2023

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Improve cross-government data sharing and analyze resilience. Maximize the value of the purchase order flow data already in the existing networks. (A

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Cognira

NOVEMBER 28, 2023

Retailers guide to win holiday promotions November 28, 2023 Promotions Home As the holiday season approaches, retailers take preparatory measurements and tailor their holiday promotions for the most action-packed time of the year. With spending anticipated to hit $1.56 compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Logistics Bureau

DECEMBER 4, 2023

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. For a B2B company supplying retail stores, on the other hand, this approach would be far less effective.

Inventory Reduction 72

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

ToolsGroup

JUNE 10, 2022

Several factors contribute to customer loyalty, but providing excellent customer service—and a top-notch experience–is one of the most important in driving retention. There are lots of reasons for retailers to love loyalty programs. 6 Examples of Excellent Customer Experiences. Image source: National Retail Association.

Customer Service 295

Customer Service Examples Price Reduction Sourcing Strategies 295

Enterra Insights

JANUARY 5, 2023

It doesn’t work for shades of gray and processes involving a lot of individual decisions, but rather excels on simple tasks or a series of tasks where there is no interpretation required.”[2] Process Automation in Retail and the Supply Chain. In other words, Cognitive Process Automation is able to Sense, Think, Act, and Learn ®.

Supply Chain Software 130

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 130

ToolsGroup

DECEMBER 11, 2023

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. The pandemic hit fashion retailers especially hard. Markdowns have now become a critical survival strategy for retailers.

Price Reduction 156

Price Reduction Pricing Training Modeling Inventory Reduction 156

Logistics Viewpoints

MARCH 9, 2023

Retailers, especially in the developed world, demand collaborative practices, continue to increase the quality of their private label offerings, and are becoming significant competitors. The classical approach involves functional silos, sequential decisions, and Excel and people to render a plan executable.

Supply Chain Planning Software 200

Supply Chain Planning Software Modeling Forecasting Software Optimization Software 200

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. Doing so requires access to a vast set of data to understand your current sales and inventory positions, however. It’s not a simple proposition, however.

Procurement Analytics 52

Procurement Analytics Analytics Software Optimal Sourcing Forecasting Software 52

Supply Chain Shaman

JULY 23, 2023

The evolution of planning moves from a focus on the enterprise to an adaptive platform that senses and responds based on market data. The enterprise-centric models, due to the lack of adaptability, cannot shift to use market data. The models use enterprise data and the outputs from the models are pushed to trading partners.

Supply Chain Planning Software 330

Supply Chain Planning Software Supply Chain Planning Scenario Planning Modeling 330

Supply Chain Game Changer

JUNE 22, 2021

Excellent customer service article and permission to publish here provided by Jocelyn Bell. It has become second nature for increasing numbers of consumers to buy online, whether they are shopping for new shoes or a new car. Using this to create a valuable customer experience makes people buy more and come back more often.

Eliminating Excel in Purchasing 75

Eliminating Excel in Purchasing Customer Service Procurement Solutions Supply Chain Software 75

Logistics Viewpoints

DECEMBER 2, 2021

There will be little relief in 2022 unless the factors driving the increased import volumes—a strong economy and the fundamental shift in consumer behavior to purchase more goods and less services—change. Online buying will fuel home delivery growth, challenges and new strategies.

Predictive Analytics Software 312

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 312

Logistics Viewpoints

JUNE 7, 2023

Second, how can retailers use technology to enhance the customer experience? Third, how can both retailers and logistics providers better cooperate to provide enhanced service and reduced costs? Fourth, at what point should retailers that outsource their deliveries consider managing their own fleet or delivery network?

Cost Reduction Strategies 187

Cost Reduction Strategies Purchasing Skills Logistics Network Optimization Software Predictive Analytics Software 187

The Logistics of Logistics

MAY 18, 2022

Data is a big buzzword across industries, but how about when it comes to logistics? William shares how they transform data into critical actionable information that optimizes and powers operations throughout businesses. Beyond The Data with William Sandoval. Our topic is beyond the data with my friend William Sandoval.

Prescriptive Analytics Software 206

Prescriptive Analytics Software Data Analytics Software Predictive Analytics Software 206

Logility

APRIL 6, 2020

The retail industry, like many others, has been upended by Covid-19. The focus for all fashion retailers is inventory. The focus for all fashion retailers is inventory. Below we will examine inventory + a new retail outlook for 2020. This retailer stands to lose -$98M or about -20% of their total revenue for the year.

Retail 208

Retail Expense Reduction Inventory Reduction Supply Chain Planning Software 208

Locus

JANUARY 8, 2024

In the tightly knit fabric of retail, a clear view of the supply chain’s inner workings is a definitive edge for business. Clarity in supply chain operations distinguishes the leaders in retail. The commitment to supply chain transparency is evident, with only a slim 4% of retailers lacking visibility into their logistics.

Logistics Visibility 52

Logistics Visibility Real-time Visibility Cost Reduction Strategies Logistics Network Optimization Software 52

Supply Chain Shaman

JULY 19, 2020

Excellent firms don’t believe in excellence – only in constant improvement and constant change. What Is Supply Chain Excellence? My second observation is that for 96% of public companies supply chain excellence is slip-sliding away. Reflections on Excellence. Tom Peters. Here, in this blog, I explain.

Supply Chain Design Software 400

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Agile and Lean Supply Chain 400

BlueYonder

FEBRUARY 26, 2024

That’s before you even factor the introduction of artificial intelligence (AI) in retail. We’ll also unpack how an incremental, “microservice” approach can enable a seamless transition toward end-to-end integration that retail value chains need to accelerate. Schedule your strategy call here with a Blue Yonder expert.

Inventory Reduction 96

Inventory Reduction Predictive Analytics Supply Chain Planning Software Predictive Analytics Software 96

Enterra Insights

JULY 13, 2023

To be in a position to capitalize on these shifts as they unfold — or avoid obsolescence — CPG and retailing companies need to make the right technology investments, starting now.”[3] ”[5] • Increase in private label purchasing. ” • Changing consumer behavior. ” • More inclusivity. Greater sustainability.

Packaging 130

Packaging Trends Modeling Supply Chain Planning Software 130

crisp

NOVEMBER 15, 2023

Walmart’s Luminate platform offers a groundbreaking level of visibility – and a large volume of data for brands to ingest and analyze. This article delves into the hidden costs consumer goods companies face when they opt to manage their retail data pipelines internally. Retail data automation: build or buy?

Negotiating Skills 52

Negotiating Skills Supply Chain Software Supply Chain Planning Software Cost Reduction Strategies 52

Supply Chain Shaman

JANUARY 25, 2024

Moving data from the enterprise to a trading partner in point-to-point communication is not a network. Electronic Data Interchange (EDI) does not meet this definition. To make the point, let’s examine the food retail network, as shown in Figure 1, over the last decade. What Is A Network? Imagine handling a recall?)

Supply Chain Network Software 264

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 264

crisp

JUNE 29, 2022

NotCo’s head of strategy and planning uses Crisp data keep operations on track during hypergrowth and align the company around a clear path to success. His analysis covers buyer presentations, R&D, volume forecasting, and data for marketing. “You don’t need to be a data person to use Crisp. Same taste, but plant-based.

Supply Chain Planning Software 98

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Data 98

The Logistics of Logistics

JANUARY 19, 2024

Grafton is the Founder and CEO of Onward, a big and bulky shipping network that helps retailers offer local like delivery service, to their customers located in suburban and rural zip codes. They act as a matchmaking service, connecting retailers and brokers with the best carriers in their area based on real-time capacity on box trucks.

Logistics Network Optimization Software 164

Logistics Network Optimization Software Supply Chain Network Software Waste Reduction Cost Reduction Strategies 164

Supply Chain Shaman

NOVEMBER 11, 2020

Today, supply chain excellence matters more than ever. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. On September 30, the big data company Palantir went public in an initial 22B$ market valuation. Kinaxis Purchase of Rubikloud.

Supply Chain Design Software 297

Supply Chain Design Software Procurement Solutions Manufacturing Procurement Supply Chain Planning Software 297

GlobalTranz

JANUARY 8, 2016

We conclude this two part series about manufacturing operations excellence by consultant Chuck Intrieri, by outlaying why manufacturers should focus on a critical component that will help sustain manufacturing operations excellence for years to come. What is Driving Sustainable Manufacturing Operations Excellence? Work centers?

Manufacturing Procurement 120

Manufacturing Procurement Eliminating Excel in Purchasing Supply Chain Planning Software Manufacturing 120

Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. 2030 call: Retailers will embrace sustainability for home delivery. Figure 1: U.S. Source: Descartes Datamyne.

Predictive Analytics Software 199

Predictive Analytics Software Logistics Network Optimization Software Cost Reduction Strategies Resource Reduction 199

Logility

SEPTEMBER 19, 2023

Taming Supply Chain Bullwhips with DemandAI+ Bullwhip effect is a common term used in supply chain to describe how a small change in consumer purchasing pattern or a change in any demand pattern that can cause significantly large impacts to supply. Excel-based tools lack these capabilities.

Supply Chain Planning Software 135

Supply Chain Planning Software Modeling Supply Chain Software Supply Chain Planning 135

Enterra Insights

OCTOBER 22, 2021

The bane of e-commerce is the large percentage of purchased items that are returned. As noted in the initial installment of this article, Elise Dopson reports, “Data suggests that 20% of online-bought products are returned, compared to just 9% of items bought in a brick-and-mortar store.”[1] With retail sales estimated to be $4.50

Waste Reduction 130

Waste Reduction Cost Reduction Strategies Reverse Logistics Eliminating Excel in Purchasing 130

Proxima

FEBRUARY 6, 2020

Once satisfied by the right quality and a fair price, consumer expectations have now evolved far beyond this dual dimension view of a retailer’s product offering. Retail has been front and centre of some of the biggest sustainability stories over the last decade. And so what for retail procurement?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Retail Optimal Sourcing Supply Chain Design Software 52

Cognira

OCTOBER 18, 2023

Navigating the Grocery Retail Profitability Storm How digital innovations transform the landscape amid industry challenges October 18, 2023 Promotions Home The grocery retail industry is at a crossroads, brought to the forefront by enlightening discussions during the Groceryshop 2023 sessions.

Price Reduction 52

Price Reduction Retail Expense Reduction Resource Reduction 52

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Each is new and unprecedented.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

DELMIA Quintiq

NOVEMBER 3, 2014

Back in university, I was fully engaged with the topic of multi-channel retailing thanks to a marketing professor who had a long-standing passion for everything retail and digital. I learned a lot about omni-channel retailing and the customer’s way of looking at it. The new reality. Fulfilling the vision top down (i.e.

Supply Chain Design Software 222

Supply Chain Design Software Supply Chain Planning Software Modeling Software Retail 222

The Logistics of Logistics

AUGUST 21, 2023

By leveraging advanced machine learning, data analytics, and business intelligence, we empower businesses to recover funds that would otherwise go unnoticed, significantly enhancing their bottom line. Their services include freight audit and payment, contract optimization, carrier management, and data analytics. The Greenscreens.ai

Negotiating Skills 206

Negotiating Skills Logistics Network Optimization Software Optimization Software Analytics Software 206

New Horizon Supply Chain Blog

FEBRUARY 8, 2024

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.

Procurement Solutions 52

Procurement Solutions Optimal Sourcing Supply Chain Planning Software Manufacturing Procurement 52

Locus

NOVEMBER 28, 2022

According to a study, the e-retail industry in the Gulf Cooperation Council (GCC) region was expected to have a penetration rate of 12.2 percent of offline retail in 2025 before the COVID-19 pandemic. As generations go by, so does the buying behavior of consumers. Baby boomers prefer retail stores to online platforms.

Omnichannel 52

Omnichannel Retail Optimal Sourcing Logistics Network Optimization Software 52