Enterra Insights

MARCH 25, 2021

Despite growing optimism about the end of the pandemic, retail correspondent Lauren Thomas ( @laurenthomas ) reports, “Coresight Research predicts as many as 10,000 stores could close in the U.S. If anyone was in doubt about the future of retail,” he writes, “the purchase of Debenhams by Boohoo has surely sealed the deal.

Retail 130

Retail Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 130

Locus

JULY 25, 2023

predicted that the retail industry in the Middle East and North Africa (MENA) is on the verge of a pivotal shift. “E-commerce A recent report predicts that by 2030 , the share of smartphone connections in the Middle East and North African (MENA) regions will reach 92 percent from 76 percent in 2022. The answer is a definite yes.

Optimization Software 98

Optimization Software Modeling Supply Chain Optimization Optimization Modeling 98

Enterra Insights

JANUARY 14, 2021

… It’s unclear who was actually the first person to coin the phrase, but it’s definitely an idea they all followed and used to run their businesses. The rise of analytics has positioned companies to achieve closer customer analysis — on a far greater scale than feedback surveys or social media comments. ” Content creation.

Customer Service 100

Customer Service Analytics Software Predictive Analytics Software Modeling Software 100

Unleashed

JANUARY 4, 2022

Here we give you the definitive list of multichannel eCommerce trends for 2022. To stay competitive in the eCommerce space, firms will need to embrace social media commerce in 2022 – which is predicted to boom in the next 5 years 1. The ease of voice shopping directly influences consumer searches and as a result, purchase outcomes.

Trends 98

Trends Modeling Software Predictive Analytics Software Supply Chain Planning Software 98

Shipsy

MAY 14, 2021

Omnichannel distribution is the one way to make this happen. Let’s start with the definition of omnichannel distribution- . What is omnichannel distribution? There are two types of omnichannel distribution- forward and backward. . What comes under omnichannel distribution?

Omnichannel 52

Omnichannel Analytics Software Demand Planning Software Optimization Software 52

GlobalTranz

JUNE 12, 2018

The Problem: Shippers Lack an Understanding of Existing Freight Allocation (Freight Planning) Activities To understand the problems behind poor freight allocation, it is important to consider its literal and perceived definitions. Unfortunately, shippers see this problem as a reason to build shipping costs directly into price points.

Freight 150

Freight Price Reduction Supply Chain Planning Software Cost Reduction Strategies 150

Enterra Insights

JUNE 25, 2021

”[2] Both Brown and Miller base their predictions on the U.S. Census Bureau’s March retail trade report, which predicted a booming holiday season. That, in turn, implies more premium charges and even higher all-in costs for importers racing the holiday clock, which practically speaking, may be already ticking.”

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. My definition is wide. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Instead of pushing costs and waste backwards in the supply chain, companies should redesign for value-based outcomes.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

Unleashed

JUNE 19, 2022

There is often some confusion when trying to differentiate between multichannel and omnichannel eCommerce, and as a result the two terms are often used interchangeably – but the two strategies are not the same, and here we give you the nine key differences. What is the difference between omnichannel and multichannel eCommerce?

Omnichannel 98

Omnichannel Inventory Management Software Forecasting Software Inventory Reduction 98

Supply Chain Game Changer

AUGUST 21, 2019

According to Stephan Serrano at Barilliance , click & collect is an “omnichannel retail strategy where shoppers order their items online and pick them up in store.”. This hybrid model marries the digital and brick-and-mortar retail experience for a seamless and streamlined customer transaction.

Purchasing Training 52

Purchasing Training Cost Reduction Strategies Resource Reduction Purchasing Skills 52

Talking Logistics

FEBRUARY 7, 2019

The answer is not only yes, but definitely so. Whether it’s buying in person, buying online, or even buying through apps on a mobile device: omnichannel is living up to its name. Blockchain technology behind cryptocurrencies like Bitcoin may also be used to verify identity in purchases and sales.

Supply Chain Software 105

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 105

RELEX Solutions

OCTOBER 30, 2019

In Part One of our Living Retail series , we laid out our definition of Living Retail and discussed why it’s so important that retailers adapt to the idea of “change as the only constant.” For high-ticket items in particular, most consumers still prefer to talk to salespeople and inspect items before purchase. See our privacy policy.

Retail 28

Retail Pricing Training Forecasting Forecasting Software 28

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Conversely, just 8% of businesses with less capable supply chains report above-average growth. Procurement costs.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

ToolsGroup

JUNE 27, 2022

At the back of your supply chain, you’ve got your raw materials being procured. Now that we have our definitions straight, let’s break down the three basic types of vertical integration. Combining two companies in a supply chain can greatly reduce the input costs, which are incurred to provide a product or service. Find out how.

Price Reduction 156

Price Reduction Cost Reduction Strategies Material Savings Supply Chain Planning Software 156

Locus

MARCH 27, 2024

Instead of fixating on what’s out of their control, it’s crucial for retailers to zero in on what they can manage to trim those delivery costs. Read Also: The Retail Playbook for Thriving in an Omnichannel World 1. This proximity reduces the need for long-haul deliveries, further cutting down transportation costs.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

Supply Chain Game Changer

NOVEMBER 12, 2018

It was reported that, this year, AI handled 45% of customer queries on its own. And it does this swiftly and effectively, which is definitely a factor that makes customer support a positive experience. In the nearest future, e-shoppers will possibly have their purchased items delivered the same day. Drone Delivery.

Eliminating Excel in Purchasing 41

Eliminating Excel in Purchasing Supply Chain Software Logistics Network Optimization Software SCM 41

Logistics Viewpoints

SEPTEMBER 9, 2022

It is definitely a bittersweet time of year. The company touted itself as the “world’s largest corporate purchaser of renewable energy” in last year’s sustainability report that laid out its goal to reach net-zero carbon emissions by 2040. percent of all applicable facilities. As of Sept.

Logistics Network Optimization Software 197

Logistics Network Optimization Software Demand Planning Software Supply Chain Network Software Cost Reduction Strategies 197

Locus

OCTOBER 27, 2023

According to the 2023 InMobi Festive Season Report, 84% of Indian consumers revealed a spike in their online shopping budgets compared to just a year ago. Additionally, a comprehensive report from Ernst and Young showcases that a noteworthy 31% of Indian consumers place experience at the forefront when deciding where to spend.

Optimization Software 59

Optimization Software Logistics Network Optimization Software Demand Planning Software India 59

Multichannel Merchant

AUGUST 26, 2022

GPS Platform Services encompasses a full suite of capabilities, including short-term storage, B2B and DTC fulfillment, returns processing and post-purchase experience. The company touts its capacity, omnichannel expertise and high level of automation and robotics in pitching the new offering to the retail world. in a LinkedIn post.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Supply Chain Network Software Apparel North America 52

Enterra Insights

AUGUST 12, 2019

Metrics such as revenue growth, market share, earnings before interest and taxes, and lifetime customer value remain the hallmarks of corporate success, and digital strategies should align with these goals.”[2] ” Which of these enablers your enterprise embraces depends in large measure on the business model it adopts.

Modeling Software 127

Modeling Software Analytics Software Resource Reduction Procurement Analytics 127

Locus

MAY 25, 2022

But today, nothing can be more heartbreaking to a customer than a business breaking its delivery promise on their prized purchases. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. It gives them an experience of the product before purchasing.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategies Price Mitigation Strategies 52

Enterra Insights

OCTOBER 26, 2021

In the age of e-commerce, the digital path to purchase has a side trail called “Returns.” ” Journalist Suzanne Kapner reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[1] ”[4]. to return fraud.

Waste Reduction 130

Waste Reduction Reverse Logistics Inventory Reduction Cost Reduction Strategies 130

Logistics Viewpoints

JULY 22, 2022

In the next 40 years, the answer is (most likely) a definitive no. Körber , an international technology group, has signed an agreement to purchase enVista’s platform of Enspire Commerce omnichannel solutions, including its order management system (OMS), and its freight audit and payment (FAP) service.

Logistics Network Optimization Software 208

Logistics Network Optimization Software Supply Chain Design Software Oakland Demand Planning Software 208

Enterra Insights

AUGUST 19, 2020

It spans the purchase of raw materials to the final delivery of the merchandise to the customer, including the intermediate processing of the goods. Enabling real omnichannelity. Which data metrics are most relevant to your demand forecasting? ”[1]. ” They identify five such challenges. They are: 1. ”[6].

Logistics Network Optimization Software 100

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software Analytics Software 100

Vinculum

MARCH 7, 2022

Amazon is trying to expand its platform to every country gradually but definitely, in full fledge to enhance its sales channel. UAE gets the export from India at its utmost level to establish the market more broadly as the report of Amazon Global Exports Digest mentions that India’s exports to Saudi Arabia and UAE are worth $34 billion.

UAE 52

UAE Saudi Arabia How To Manufacturing Procurement 52

Unleashed

AUGUST 23, 2022

Customers who visit your shop can then browse your items, learn more about them, possibly read reviews from other customers, make a purchase, and organise shipping (if applicable). Social commerce pros Reduce purchase friction by selling to your customers directly through the apps they’re already using.

Inventory Management Software 98

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

BlueYonder

AUGUST 17, 2023

Watch the “Inventory Distortion: The Good, the Bad, the Ugly” webinar , which provides an overview of the study results — or read IHL’s in-depth research report. You can also learn more about “The Good The Bad and The Ugly of Inventory Distortion” by downloading the report and watching the webinar. Trillion in 2023.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

Vinculum

APRIL 13, 2020

When it comes to providing the ultimate shopping experience, omnichannel retailing is the way to go. By allowing shoppers to engage across various, convenient touchpoints, an omnichannel experience drives sales and reinforces customer loyalty to the brand. Omnichannel retailing is no easy feat. Provided it is done right.

Omnichannel 52

Omnichannel Retail Vendor Strategies Analytics Software 52

6 River Systems

SEPTEMBER 3, 2019

As a bonus, many of the systems will give you on-demand reporting and analysis. Auto-generated reporting options: Reporting is necessary for many operational areas such as compliance, fulfillment protocols, safety and even human resources. And when it’s time to audit, the process is much simpler.

Cost Reduction Strategies 40

Cost Reduction Strategies Purchasing Skills Inventory Reduction Material Savings 40

6 River Systems

JULY 25, 2019

Consumer demands are constantly changing, whether this is their demand for faster order fulfillment due to the e-commerce last mile race currently occurring or meeting customer demands for omnichannel communications and better service. Perhaps one of the biggest dilemmas in cost control is dealing with the new tariffs that have been imposed.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

Ware2Go

NOVEMBER 15, 2021

By this definition, a warehouse would only provide inventory storage. 75% of consumers report that they are likely or very likely to tell friends and family about receiving a damaged item, and 23% are likely or very likely to share their experience on social media. Types of Warehousing Services.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

Vinculum

JUNE 23, 2020

It’s considerable when a brand like Amazon is shifting to direct to consumers approach, this trend is definitely not just a breeze to come and go. The digital presence of the manufacturersis an important factor of their omnichannel approach. The report also indicates that web traffic to D2C sites has doubled in the past two years.

Modeling Software 52

Modeling Software Supply Chain Network Software Industrial Industry 52

Supply Chain Game Changer

NOVEMBER 30, 2018

The Definition of a Multi-Channel Distribution Management System. Thus, multi-channel distribution management is a strategy to provide customers with multiple ways to purchase the same product. However, while the long-term goal is the growth of sales, the near-term outcome may be the growth of a customer base or purchasing options.

Supply Chain Planning Software 43

Supply Chain Planning Software Predictive Analytics Software Modeling Software Distribution 43

ShipBob

APRIL 30, 2023

Plus, you establish and regularly check metric-driven goals (around speed and quality) for your team. Moving to the “Stellar” level requires a shift in your goals from just meeting demands to further optimizing processes and delighting customers with: Regular reporting on holistic metrics, as well as variances.

Customer Service 52

Customer Service Optimal Sourcing Procurement Analytics Optimization Software 52

Vinculum

SEPTEMBER 10, 2020

This new demographic, with its unique purchasing patterns has driven sales via online mediums to reach a tipping point. The IoT (Internet of Things ) remains largely unexplored and opportunities to automate the entire CPG value chain definitely exist. Analytics and Reconciliation Module. Order Management System.

Analytics Software 52

Analytics Software Modeling Software Forecasting Software Optimization Software 52

ThroughPut

NOVEMBER 28, 2023

Supply chain analytics combines powerful algorithms, data, and the latest technologies like Artificial Intelligence and Machine Learning to address the most elusive challenges in the supply chain right now – visibility and control. And that’s precisely what’s on the horizon for supply chain analytics.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52