ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. In fact, according to a report , two-thirds of retailers had excess inventory during the 2023 holiday season last year. What is inventory glut?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Predictive Analytics 52

Enterra Insights

DECEMBER 17, 2018

Daniel Gagnon, Vice President of Marketing, Global Logistics and Distribution, at UPS, writes, “This fast-paced, new world of change in logistics is happening because businesses and consumers are demanding better (faster) service at a lower-cost-to-serve.”[1] ”[1] He believes all of these innovations are good things.

Innovation 100

Innovation Logistics Network Optimization Software Logistics Analytics Software 100

Cognira

FEBRUARY 12, 2024

A 2024 Outlook into the Future of Retail Promotions February 12, 2024 Promotions Home As we step into 2024, the retail landscape is undergoing significant transformations, with technology, data, and customer expectations playing pivotal roles.

Waste Reduction 52

Waste Reduction Inventory Reduction Retail Optimization Software 52

Supply Chain Shaman

DECEMBER 7, 2023

Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. Let me give you an example. Improve visibility across the networks that operate in self-serving business models. A purchase order changes many times and needs synchronization.

Supply Chain Design Software 307

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 307

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Barbara Schielke Chief HR & CSR Officer for Asendia explains how carbon offsetting, emissions reporting per parcel, and supply chain efficiencies are helping retailers green their e-commerce fulfilment. Alibaba is using its communication channels to proactively support its retail partners as they strive to go greener.

Shipping 243

Shipping Material Savings Procurement Analytics Waste Reduction 243

Supply Chain Game Changer

SEPTEMBER 8, 2021

Featuring Our 12 Best Procurement Articles! Procurement’s North Star article and permission to publish here provided by Sam Jenks. What exactly are you and your procurement team working towards? What is Procurement’s North Star Metric? The North Star Metric (NSM). Subscribe Here! Email Address.

Procurement Analytics 86

Procurement Analytics Manufacturing Procurement Negotiating Skills Optimal Sourcing 86

ThroughPut

APRIL 30, 2024

ThroughPut AI: For Making Intelligent Decisions Across the Supply Chain Watch On-demand Demo ThroughPut AI has been recognized as a Leading Vendor in the prestigious 2023 Gartner Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain. The platform primarily helps predict demand and improve customer experience.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Supply Chain Matters

APRIL 30, 2024

Supply Chain Matters draws reader attention to a published report that depicts how branded company Nike made strategic mistakes in its online distribution strategy during the time of Covid , and how the shoe and athletic goods retailer is still recovering. They smack of Nike’s iconic branding message: Just Do it !

Inventory Reduction 52

Inventory Reduction Price Reduction Vendor Strategies Cost Reduction Strategies 52

Elementum

JUNE 30, 2022

Welcome to Elementum’s Supply Chain Market Report. Supply Chain Market Report – July 2022 This edition will cover: The signs of looming stagflation How executives can prepare their supply chains The imminent problem of staffing shortages The latest use of drones in supply chain Notable changes in the leadership ranks.

Procurement Analytics 78

Procurement Analytics Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 78

crisp

DECEMBER 15, 2021

The pace of change is increasing exponentially, and there are innovations and learnings being shared across the industry every day. One of the big catalysts for change right now is the acceleration of data and analytics in supply chain management. Let’s take the example of a supply chain team at a major retailer.

Procurement Analytics 98

Procurement Analytics Supply Chain Planning Software Manufacturing Procurement Material Savings 98

Enterra Insights

NOVEMBER 5, 2018

Brick-and-mortar retailers continue to declare bankruptcy at an alarming rate. Ben Unglesbee ( @Ben_RetailDive ) and Cara Salpini ( @CaraSalpini ) bluntly write, “Last year was a dismal one for certain retailers. Think department stores and specialty retailers, especially those selling apparel.) Bad retail is dead.”[2].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

Enterra Insights

FEBRUARY 8, 2021

Everyone knows the retail sector has experienced some tough going over the past couple of years. According to Susan Reda ( @Susan_Reda ), Vice President for Education Strategy at the National Retail Federation, “The U.S. can expect the long tail impact of the COVID-19 pandemic to be felt in the retail industry for months to come.”[1]

Trends 100

Trends Retail Predictive Analytics Software Manufacturing Procurement 100

crisp

SEPTEMBER 29, 2023

Settle, a pioneering cash flow management company, and Crisp, a leading retail data platform, are setting a new standard for operational excellence in the consumer goods industry. Settle’s purchasing suite directly tackles this issue by streamlining and automating the entire purchasing lifecycle.

Procurement Analytics 52

Procurement Analytics Procurement Solutions Supply Chain Design Software Analytics Software 52

The Logistics & Supply Chain Management Society

FEBRUARY 16, 2023

Procurement, activities such as strategic sourcing, are one of the main processes in the supply chains that can generate a positive impact on companies by giving them a competitive advantage in the market. Strategic sourcing can help supply chain leaders identify potential risk factors and develop procurement mitigation plans.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Sourcing Strategies Optimal Sourcing Purchasing Skills 130

Enterra Insights

FEBRUARY 3, 2020

The big news in retail over the past two decades has been the rise of e-commerce which has resulted in the so-called retail apocalypse. Daphne Howland ( @daphnehowland ) reports any eulogies being written about brick-and-mortar retail’s demise are premature. Retail trends. Direct-to-Consumer (DTC) retail.

Predictive Analytics Software 100

Predictive Analytics Software Trends Retail Resource Reduction 100

Supply Chain Game Changer

MARCH 8, 2021

Retail cyber attacks article and permission to publish here provided by Susan Melony. These measures are absolutely critical in all walks of life, including in the retail sector. This guide will look at some examples of cyber security threats in retail, as well as how to prevent them. Subscribe Here! Email Address.

Retail 98

Retail Supply Chain Network Software Security Purchasing Training 98

Locus Robotics

JANUARY 2, 2024

Learn how these innovations are transforming logistics operations. Data Analytics and Automation The use of artificial intelligence (AI) or machine learning within warehouses thanks to tools such as robotics could increase to optimize your supply chain and reduce operational costs.

Demand Planning Software 52

Demand Planning Software Logistics Network Optimization Software Supply Chain Software Analytics Software 52

Logility

DECEMBER 15, 2023

In this article, we will cover examples and key factors that push businesses to build that supply chain resilience they need. Then, F&B businesses can transform diverse information from sales, production, finance, marketing, transportation, and procurement into one comprehensive business plan.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Logistics Viewpoints

JUNE 29, 2022

For example, Mars has been purposeful on where to focus their efforts. The company has established long-term power purchase agreements at the country level. As a result, Mars has been able to procure renewable electricity to cover the entire business in those specific countries.

Sustainability 273

Sustainability Supply Chain Design Supply Chain Optimization Supply Chain 273

Cognira

MAY 22, 2023

Rising Above Inflation – How Retailers Can Leverage Promotions to Attract and Retain Customers May 22, 2023 Promotions Home Over the past decade, the retail industry has faced more changes and obstacles than it has in the entire previous century. This has created a crisis for retailers and consumers alike.

Price Reduction 52

Price Reduction Cost Reduction Strategies Vendor Strategies Material Savings 52

Supply Chain Shaman

SEPTEMBER 5, 2022

These teams are also more advanced in the use of planning and more advanced analytics concepts. Business continuity continues to be a risk for many retailers and manufacturers. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. Software mergers & acquisitions also slowed innovation.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 239

Enterra Insights

OCTOBER 19, 2023

Grocery sector journalist Sam Silverstein reports, “While grocery spending was up modestly in June, the government’s latest retail sales data underscores how significantly the landscape has shifted for the industry since the start of the year. … Discount retailers are seeing the benefits of this trade-down.”[5]

Price Reduction 130

Price Reduction Purchasing Skills Waste Reduction Procurement Analytics 130

SCMDOJO

APRIL 24, 2024

According to industry reports, over half of business leaders acknowledge the need for supply chain improvements, with 52% believing they could enhance their operations. According to a recent survey, 91% of manufacturers plan to “spice up” AI technology with supply chain data analytics by the end of 2024.

Optimal Sourcing 57

Optimal Sourcing Agile and Lean Supply Chain Waste Reduction Material Savings 57

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

BlueYonder

DECEMBER 9, 2021

If the start of global COVID-19 pandemic accelerated e-commerce growth with millions of consumers purchasing products online, pandemic fatigue is now driving many consumers, at least in the U.S., According to Adobe Analytics, digital sales from Nov. back to in-person shopping. According to the Wall Street Journal , U.S.

Retail 85

Retail Real-time Visibility Purchasing Skills Procurement Analytics 85

BlueYonder

SEPTEMBER 8, 2022

In a series of blog articles, the Product/Solution Marketing team explores innovative solutions to guard against supply chain disruptions. Think Hurricane Harvey, for example, which prevented the accessibility of cities and prevented goods from moving in and out of cities. Transportation and Logistics Disruptions.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Disruption Logistics Network Optimization Software Prescriptive Analytics Software 52

Enterra Insights

MARCH 30, 2022

For example, in the early stages of the pandemic, consumers bought many more cleaning products and shelf-stable foodstuffs than normal. She writes: “ More than ever, it’s critical for retailers to understand their true role in their customers’ grocery shopping journey. ”[1]. What are they coming into the store for?

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

Supply Chain Shaman

JUNE 21, 2023

” The industry is in a groupthink, largely missing the opportunities for breakthrough innovation. Almost two decades of reporting. For example, Monster Beverages beats Coca-Cola and PepsiCo, while Celanese outperforms Dow Chemical. The analysis is now in its ninetieth year. But does it help the profession?

Gartner 351

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 351

Logistics Viewpoints

MAY 25, 2022

Brian provided some specific omni-channel examples with easy to envision benefits. The ability for a consumer to buy an item online, then come into the store and add to that transaction or to exchange the online purchase at the store. Most importantly, these are capabilities that can improve upon customer experiences. Final Word.

Conference 175

Conference Supply Chain Planning Software Optimization Software Scenario Planning 175

Enterra Insights

MAY 25, 2022

Melissa Minkow ( @Melissa_Minkow ), Director of Retail Strategy with CI&T, writes, “The last two years presented a whirlwind of new challenges for retail, requiring businesses to explore sometimes experimental ways to cope with rapid change. Some retailers have managed to thrive during these challenging times.

Customer Service 130

Customer Service Analytics Software Supply Chain Planning Software Optimization Software 130

Enterra Insights

OCTOBER 7, 2021

” When it comes to the retail sector, he certainly proved accurate. Many pundits note, as a result of lockdowns and store closures, e-commerce sales rushed years ahead of predicted totals. According to the National Retail Federation, non-store and online sales are expected to grow between 18% and 23% this year over 2020.”[2]

Modeling Software 130

Modeling Software Supply Chain Planning Software Procurement Analytics Analytics Software 130

Logistics Viewpoints

MARCH 27, 2023

Organizations then convert those demand forecasts to the associated quantities of raw materials to purchase, goods to be manufactured, or finished products to ship. In consumer goods industries, better forecasting leads to lower fines from retailers for late or incomplete deliveries. Demand models need to be continuously updated.

Forecasting 189

Forecasting Forecasting Software Modeling Optimal Sourcing 189

Enterra Insights

MARCH 5, 2019

Nearly every week it seems another brick-and-mortar retailer declares bankruptcy and closes stores. The press has dubbed this the Retail Apocalypse and some pundits are openly wondering whether we are seeing the death of brick-and-mortar retail. He writes, “High street retailing is far from down and out.

Omnichannel 100

Omnichannel Retail Supply Chain Design Software Cost Reduction Strategies 100

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. Many traders and retailers faced inventory shortages due to delayed deliveries of goods.

Purchasing Skills 130

Purchasing Skills Buyer Training Asia Supply Chain Design Software 130

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. This is clearly an opportunity and challenge for retailers and last mile logistics companies.

Predictive Analytics Software 312

Predictive Analytics Software Predictive Analytics Waste Reduction Cost Reduction Strategies 312

GlobalTranz

JUNE 4, 2015

In the first post our long tme guest blogger, Chuck Intrieri of The Lean Supply Chai n, gave us 5 core metrics to evaluate supplier performance using supplier quality management and a 4 step process to execute. Review of SQM Metrics and Issues Across 5 Core Industries. #1: Trend Metrics Collected per Site. Medical Devices.

Procurement Analytics 120

Procurement Analytics Metrics Quality Material Savings 120