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.

Inventory Reduction 52

Inventory Reduction Inventory Manufacturing Procurement Inventory Management Software 52

The Logistics of Logistics

JUNE 23, 2022

What Shippers and Retailers Need to Know for Peak Season Planning 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. In addition, retailers are struggling to move inventory initially ordered in the first quarter of 2022 to make way for back-to-school and holiday merchandise.

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 238

Supply Chain Shaman

DECEMBER 7, 2023

We are not clear on definition. So, if you use the Supply Chain Insights definition, you might ask, how are we doing commercially against this goal? Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. Align on definitions. The reason?

Supply Chain Design Software 303

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

Supply Chain Shaman

FEBRUARY 2, 2024

It is time to bring Manufacturers, Retailers, and Distributors together with Technology Providers in order to better understand the issues and generate ideas to help build the “network of networks.” Brand owner to contract manufacturer or third-party logistics provider to a retailer.) The gaps are large. Sadly, I won this argument.

Manufacturing Procurement 195

Manufacturing Procurement Supply Chain Network Software Supply Chain Planning Software Third Party Logistics 195

Enterra Insights

JUNE 13, 2022

According to tech futurist and metaverse expert Cathy Hackl ( @CathyHackl ), “No official definition yet exists for the metaverse, but companies can’t afford to wait until one does or the metaverse fully evolves to start experimenting and investing in it.”[1] Why Retailers Must Take the Metaverse Seriously. Proulx agrees.

Retail 130

Retail United Kingdom Predictive Analytics Software Supply Chain Design Software 130

Unleashed

AUGUST 6, 2023

In this competitive pricing guide Competitive pricing definition Competitive pricing is a sales and marketing strategy that involves manipulating price points in a business to match or beat the pricing of its competitors. Price matching Price matching is the strategy of setting prices equal to a competitor’s offering.

Price Reduction 52

Price Reduction Cost Reduction Strategies Expense Reduction Inventory Reduction 52

SupplyPike

JUNE 26, 2020

Learn all about: The definitions of categories and category management The 8-step cycle of category management The four Ps of successful category management. How do retailers manage their categories? Definitions of Categories and Category Management. retailer and supplier). The 8-Step Process of Category Management.

Retail 98

Retail Price Reduction Material Savings Inventory Reduction 98

Unleashed

FEBRUARY 12, 2024

Inventory carrying cost example Let’s consider a simplified example of inventory carrying costs for a retail business that sells electronic gadgets. In the US, retailers, on average, hold $1.35 The company rents warehouse space to store its inventory of electronic items. The monthly rent for the warehouse is $2,000.

Inventory Reduction 52

Inventory Reduction Purchasing Skills Cost Reduction Strategies Negotiating Skills 52

Enterra Insights

MARCH 25, 2021

The light shining in many a retailer’s eye is a reflection of hope that the pandemic is beginning to wind down. 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.

Retail 130

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

Logistics Viewpoints

MARCH 12, 2018

The post Home Depot Grows Revenues by Investing in Time Definite Deliveries appeared first on Logistics Viewpoints. Home Depot has proven that investing in this can improve service and grow revenues. This article describes the path they took to put this business case together.

Cost Reduction Strategies 104

Cost Reduction Strategies Transportation Management Logistics Network Optimization Software Transportation 104

Supply Chain Shaman

FEBRUARY 1, 2024

Definitions Before we move to the discussion of the actions to take, let’s get clear on some definitions. Let’s take a couple of examples: Retail Available to Promise (ATP). A major retailer has 33 instances of Manhattan. Blackhole Automation. How does this happen? The issue is data synchronization.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

Kinaxis

APRIL 26, 2017

When it comes to supply chain excellence, particularly in the retail sector, there is one behemoth dominating the landscape: Amazon. The online retailer’s most recent patent focuses on drone technology, and would involve drones delivering packages with parachutes. by Alexa Cheater How to overcome the Amazon effect.

Supply Chain Planning Software 203

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Scenario Planning 203

Logistics Viewpoints

SEPTEMBER 8, 2023

to increase stake in India’s Flipkart H-E-B opens its biggest e-commerce fulfillment center ever NRF Announces Acquisition of Reverse Logistics Association Rockwell Automation announced it has signed a definitive agreement to acquire Ontario, Canada-based Clearpath Robotics.

Logistics Network Optimization Software 232

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Forecasting Software 232

Supply Chain Shaman

NOVEMBER 15, 2023

When deploying enterprise decision support applications, there are many implementations and lots of hype but few clear and consistent definitions. We can never have great discussions unless we are clear on definitions. What do they have in common? This is not the case for supply management or for Dave.) The takeaway?

Supply Chain Planning Software 386

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 386

The Logistics of Logistics

FEBRUARY 19, 2024

Tony Altman and Joe Lynch discuss retail non-compliance costs. Motivational offers turnkey direct-to-consumer services, award-winning e-commerce fulfillment, and retail distribution to all of the major retailers. Retail non-compliance costs including financial penalties, damaged relationships, and lost business.

Retail 213

Retail Omnichannel Logistics Network Optimization Software California 213

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

Supply Chain Shaman

OCTOBER 11, 2023

Definition Anomaly: something that deviates from what is standard, normal, or expected. Definition As I follow the evolution of supply chain technology, I am struck by what I see as a stream of paradox and anomaly, and the tendency of supply chain leaders to cling to convention. Innovation.

Supply Chain Planning Software 379

Supply Chain Planning Software Supply Chain Software Forecasting Software Supply Chain Network Software 379

ToolsGroup

APRIL 3, 2023

After four days of retail insights focused on the trends, business models, and technologies that are shaping the future of retail, ShopTalk 2023 has closed a successful and illuminating conference. The industry is definitely back in action after the sluggishness of Covid, and we’re looking forward to seeing retail gain momentum again.

Inventory Reduction 156

Inventory Reduction Price Reduction Supply Chain Planning Software Forecasting Software 156

Enterra Insights

MAY 28, 2020

Even before the COVID-19 pandemic shuttered physical stores, retailers were adopting omnichannel strategies to take advantage of the increasingly important consumer digital path to purchase. Petr Svoboda ( @petrsvob ), CEO of Shopsys, has been urging retailers to focus more sharply on online sales for nearly twenty years.

Omnichannel 100

Omnichannel Retail Expense Reduction Inventory Reduction 100

The Logistics of Logistics

FEBRUARY 3, 2023

They are the definitive industry experts in the world of apparel fulfillment. Courtney began in her family’s business of retail dry cleaning, then grew that business to become the pre-eminent destination for fashion logistics, then was approached by a top 3 global apparel brand to become their dedicated 3PL.

Logistics Network Optimization Software 246

Logistics Network Optimization Software Apparel South Carolina Logistics 246

TradeGecko

OCTOBER 3, 2018

Effective demand forecasting and demand planning are key to the longevity of wholesale and retail businesses alike. We look at some of the major aspects of the demand planning process and how they impact the entire supply chain.

Supply and Demand 74

Supply and Demand Demand Planning Supply Chain Planning Scenario Planning 74

Supply Chain Shaman

MARCH 21, 2023

Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days. Despite investments in planning, today, industries hold 28 more days of inventory than in 2004.

Inventory Reduction 382

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 382

PINC

AUGUST 3, 2020

With expectations of higher on-shelf availability and lower inventory costs, the pressure on delivery performance has intensified—as has the need for manufacturers, retailers, and carriers to work together to create efficient, reliable, and responsive supply chains. The problem is that there is no standard definition for OTIF.

Waste Reduction 130

Waste Reduction Metrics Inventory Reduction Cost Reduction Strategies 130

AIMMS

MARCH 8, 2016

It’s no mystery that some of the world’s largest retail chains are struggling to survive. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy. Key trends shaping today’s retail supply chain.

Price Reduction 156

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 156

BlueYonder

APRIL 11, 2024

In conversations with retailers using Blue Yonder solutions, we guesstimate that about 40% of SKUs in a grocery store meet the definition of slow mover, selling less than one unit a week. The vast majority of retailers, however, will have many items that sell slowly at the store level. Now’s the time to make a change.

Forecasting 95

Forecasting DC Inventory Reduction Retail 95

AIMMS

MARCH 8, 2016

It’s no mystery that some of the world’s largest retail chains are struggling to survive. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy. Key trends shaping today’s retail supply chain.

Optimal Sourcing 120

Optimal Sourcing Sourcing Strategies Price Reduction Cost Reduction Strategies 120

The Network Effect

SEPTEMBER 18, 2015

Jim Tompkins: Even if the correct definition of Omnichannel was: “A retailer connecting with consumers anyway, anytime, and anywhere” the supply chain professional would still need to engage in Omnichannel as the supply chain is the vehicle to enable the anyway, anytime, and anywhere. Omnichannel Retail. Omnichannel Logistics.

Omnichannel 100

Omnichannel Supply Chain Software Retail Supply Chain 100

Supply Chain Shaman

SEPTEMBER 5, 2022

Business continuity continues to be a risk for many retailers and manufacturers. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. In Table 1, to help the reader, we share the definition of the form and function of inventory. My take away? Is this a conscious and deliberate decision?

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 235

Vinculum

MAY 17, 2020

Realizing the opportunity in times of crisis, several retailers have tweaked their strategy and focusing on strengthening the supply of essential commodities. While it may represent an opportunity for the essential item retailers, the scenario for non-essential item retailers still appears gloomy. Buy Now, Deliver Later.

Omnichannel 52

Omnichannel Inventory Reduction Retail Cost Reduction Strategies 52

Logility

SEPTEMBER 11, 2017

Retail has changed a lot in just the last few years, never mind the past 10 or 20 years. This is a continual challenge and relatively old story that most retailers have moved beyond yet is long overdue for a resolution. Retailers are definitely in a place where they have to find ways to motivate their workforce.

Supply Chain Planning Software 104

Supply Chain Planning Software Optimal Sourcing Retail Supply Chain Planning 104

Cognira

JUNE 1, 2021

Analytics Evolution and its Impact on Retailers. That definition, however, is just scratching the surface. Throughout the blog, learn how analytics has evolved over time, and the value it has had on retailers. Retail Example: The apparel retailer would now like to plan for next spring’s pre-season promotion.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Predictive Analytics Analytics Software Analytics 52

BlueYonder

OCTOBER 8, 2019

The first blog in this two-part series focused on the primary challenge facing retailers today: mega-retailers have forced prices down, based on their economies of scale and hyper-optimized supply chains. So what can smaller retailers do? This strategy is not sustainable over the long term. So what do shoppers value?

Price Reduction 46

Price Reduction Purchasing Skills Retail Waste Reduction 46

Supply Chain Shaman

JUNE 21, 2023

Before you react, here are some definitions. As a result, the analysis overstates company performance in process industries like pharmaceuticals and understates the results of heavy discrete contributions in airspace and defense, apparel, diversified manufacturing, trucks and heavy equipment, and retail. As I listen, I struggle.

Gartner 346

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 346

The Logistics of Logistics

JULY 22, 2022

With a focus on growth and scalability, he created and brought to market new robot-based products and services, in multiple markets including retail, hospitality, commercial cleaning, logistics and material handling. Micro-fulfillment locations are by definition smaller so they must use their space more efficiently. About Attabotics.

Warehousing 210

Warehousing Material Savings Supply Chain Network Software Modeling Software 210

Supply Chain Game Changer

APRIL 11, 2019

However, it is a crucial element of your success in online retail. The best eCommerce fulfillment providers will help your online retail business run seamlessly. The post Understanding E-Commerce Fulfillment: Definition, Process, Resources! A 2018 study found that free shipping was the number one feature for online shoppers.

Resource Reduction 53

Resource Reduction Resources Material Savings Inventory Management Software 53

Enterra Insights

MARCH 28, 2022

The pandemic has reinforced what brands and retailers should continue to focus on: enabling people to shop when they want, how they want, and where they want, all the while providing a pleasant and frictionless experience.” online retail sales volume — Walmart had the most unreliable reviews and Best Buy had the most reliable reviews.

Procurement Analytics 246

Procurement Analytics Procurement Solutions Purchasing Skills Price Reduction 246

Vinculum

JUNE 15, 2021

Technological advancement, the introduction of new sales, marketing, and communication mediums, and the ever-evolving buyer persona are some of the key catalysts behind the paradigm shift in the retail realm. Consumer satisfaction has always been deemed paramount for retailers, however, its significance has amplified in recent times.

Retail 52

Retail Resource Reduction Manufacturing Procurement Inventory Reduction 52