ToolsGroup

DECEMBER 16, 2021

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. What is Lean Retail? The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

Enterra Insights

DECEMBER 19, 2023

The retail sector continues to endure tectonic shifts as business landscapes and consumer behaviors change. First, there was the so-called “retail apocalypse,” then came the pandemic, which was followed by inventory challenges, inflation, and an economic slowdown. Changing consumer behavior is hard to gauge.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 130

Ware2Go

APRIL 11, 2023

Learn how businesses of all sizes can help build a more sustainable eCommerce industry, with examples of environmentally friendly brands that are leading the way. Those returns often can’t be re-sold, or retailers will lose money on a resale. And we haven’t even begun to talk about waste. In 2022 alone, eCommerce returns generated 9.5

Examples 52

Examples Sustainability Purchasing Skills Retail 52

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Enterra Insights

AUGUST 15, 2023

The past few years of turmoil in the retail sector have challenged many professionals. The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. ” Many retailers have turned to artificial intelligence (AI) to address their fears and lessen their worries.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

Enterra Insights

JUNE 21, 2022

Inflation is starting to impact the retail sector in significant ways. Some experts believe artificial intelligence (AI) capabilities will help retailers find their way through these volatile times. ”[1] According to Kestenbaum, some retailers don’t understand AI’s importance to their success.

Retail 182

Retail Supply Chain Design Software Analytics Software Optimization Software 182

Supply Chain Matters

APRIL 18, 2022

In this posting we provide highlights of a contrasting senior supply chain leadership model, in a different industry, with somewhat similar business process and technology enablement needs, that being branded workwear apparel provider and retailer Carhartt. . Executive Moves. Bob Ferrari. All rights reserved. .

Modeling 52

Modeling Apparel Modeling Software Supply Chain Planning Software 52

Unleashed

JULY 12, 2023

Inventory examples Inventory is used widely across numerous industries and sectors. It can mean different things to different organisations, so let’s look at some common inventory examples in various business models. Retail inventory Retail is one of the hardest sectors for getting the balance of inventory right.

Inventory Reduction 52

Inventory Reduction Examples Inventory Material Savings 52

ToolsGroup

JANUARY 16, 2023

Over the past 24 months, many retailers were caught between the dual forces of fast changes in consumer demand and supply chain disruptions. For example, the system calculates the impact of a return on real-world inventory costs and performance, based on the item’s location and demand. About ToolsGroup.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Inventory Reduction Waste Reduction 156

ToolsGroup

FEBRUARY 7, 2022

The wonderful world of retail. The Retail Trends Shaping How We Shop in 2022. The Retail Trends Shaping How We Shop in 2022. From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Enterra Insights

OCTOBER 27, 2022

Two years before the COVID-19 pandemic jolted the retail landscape, Jeff Schmitz ( @JeffreySchmitz4 ). Chief Marketing Officer Zebra Technologies, insisted the retail sector was in the midst of a revolution. It’s undeniable that we’re in the midst of a retail revolution.”[1] Retail Stores Blur with Distribution Centers.

Retail 130

Retail Supply Chain Software Predictive Analytics Software Modeling Software 130

Enterra Insights

JANUARY 5, 2023

”[3] Greg Council , Director of Product Marketing at ImageSource, adds, “RPA is founded on an early example of expert systems. Process Automation in Retail and the Supply Chain. The retail sector of the supply chain can benefit as much from process automation as other areas of the supply chain.

Supply Chain Software 130

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

The Logistics of Logistics

MAY 12, 2021

The Blurred Lines Between Retail and DTC with Guy Courtin. Guy Courtin and Joe Lynch discuss the blurred lines between retail and DTC. Guy Courtin is Vice President and Industry Principal of Retail at Tecsys, a global provider of supply chain solutions that equip the borderless enterprise for growth. Evolution of retail.

Retail 245

Retail Logistics Network Optimization Software Supply Chain Software Procurement Solutions 245

Supply Chain Brain

JUNE 15, 2021

Forward-thinking retailers are optimizing supply chain management with the power of AI.

Examples 103

Examples Retail Supply Chain Optimization Price Mitigation Strategies 103

ToolsGroup

MARCH 3, 2022

Retail is detail. And there is a lot of ‘detail’ for retailers to manage and factor into the business every day. Despite knowing all this, too many retailers ignore the impact of weather and this adds error to plans and demand forecasts. How Weather Influences Retail Demand. It all evens out in the end.

Forecasting 156

Forecasting Forecasting Software Procurement Analytics Retail 156

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

Enterra Insights

SEPTEMBER 30, 2022

And — in what could be boon or bane for manufacturers and retailers — today’s consumers are quite willing to abandon their once-preferred brands in favor of new ones that offer value or novelty.”[1] One retail sector that witnessed a dramatic rise in online purchases during the pandemic was the grocery sector. during 2020.

Omnichannel 130

Omnichannel Retail Eliminating Excel in Purchasing Supply Chain Planning Software 130

Logistics Viewpoints

JANUARY 11, 2022

E-commerce in China has developed rapidly in the past decades, with currently over 25% of total retail sales generated online. 11 th in 2009 and subsequently adopted by other e-commerce platforms and retailers. For example, JD’s Single Day Grand Promotion started at 8pm on Oct.31 trillion in 2021 to $3.0 trillion in 2024.

Retail 135

Retail Logistics Network Optimization Software China Comparison 135

BlueYonder

MARCH 18, 2024

Here are two facts you can’t ignore if you’re in retail: Fact #1: The top 10% of retailers now control 70% of the market — and their share keeps growing. As the Harvard Business Review puts it, “Even as Walmart, Amazon, and a few other leading retailers operate at the leading edge of the analytics frontier, . . .

Supply Chain Network Software 86

Supply Chain Network Software Optimization Software Analytics Software Modeling Software 86

ToolsGroup

OCTOBER 3, 2022

Retail workers are at the heart of the economy, making the continued retail labor shortage a top challenge for retailers–one that appears here to stay. For example, according to a recent PwC survey, acquiring and maintaining talent is one of the top two risks for business executives. The Need for Corporate Retail Talent.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Logistics Viewpoints

JANUARY 18, 2022

Here are the challenges retailers may face in their supply chain operations in 2022 and some tips for overcoming them. Changing trends in lifestyle and impacts on fashion retail. It is not a surprise for customers to walk into stores with empty shelves or for companies to not receive shipments from their overseas suppliers.

Supply Chain Planning Software 255

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 255

Unleashed

MARCH 2, 2022

Here we give you eight real-world examples of how businesses use Kanban, a popular lean tool that’s helped companies in a huge range of sectors improve efficiency – especially those in the manufacturing industry. Some examples are: Trello , which allows users to set up boards for different projects, within each of which tasks are displayed.

Manufacturing Procurement 98

Manufacturing Procurement Agile and Lean Supply Chain Lean Examples 98

Enterra Insights

JUNE 1, 2021

Although every economic sector undergoes constant change, the retail sector has probably seen more changes in a shorter period of time than most other sectors. With all of the changes in the retail environment and the continued shift away from conventional technologies, cognitive computing in retail is becoming increasingly important.”[1]

Supply Chain Design Software 130

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

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

BlueYonder

NOVEMBER 7, 2023

That’s a question retailers should consider when they think about artificial intelligence (AI). A new survey by Blue Yonder found that almost all retail executives feel confident in their command of AI. These findings might make you think retailers are prepared for the AI revolution. When does confidence become overconfidence?

Retail 86

Retail Predictive Analytics Software Predictive Analytics Analytics Software 86

Logility

JUNE 2, 2020

The fundamental challenge in retail is one of balance. The sheer complexity of modern omni-channel retailing makes this difficult. Given how critical this balance is, I am amazed when I hear many retailers rely on a combination of spreadsheets and assumptions to drive the plan. Clustering + Other Attributes. Frequent Shopper.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Retail Scenario Planning 130

Unleashed

NOVEMBER 2, 2023

Production schedule example Production schedules can be highly complex documents produced by manufacturing software that go into detail about each stage of production, or they can be simple spreadsheets that just list out the start times and deadlines for each process.

Manufacturing Procurement 52

Manufacturing Procurement Examples Sourcing Strategies Supply Chain Planning Software 52

Zipline Logistics

MARCH 21, 2023

As the i ndustry only continues to grow, furniture manufacturers must put their best foot forward to meet increased demand and win competitor’s retail space. Furniture Industry Retail Opportunity 2023 Expected Annual Revenue 2023 Expected Weekly Revenue Average Out-of-Stock Rate (Feb 2023) Amount Lost to Out-of-Stocks in One Week $729.7

3PL 87

3PL Retail Vendor Strategies Expense Reduction 87

Logistics Viewpoints

JUNE 4, 2020

This week, Logitsyx Technologies asks if retailers are ready for peak season. Peak season is always stressful for the retail industry, but the COVID-19 pandemic could create more issues than usual. Retailers can no longer rely on their usual playbooks, with planning cycles completely upended. For example, there is […].

Inventory Reduction 129

Inventory Reduction Supply Chain Strategy Retail Strategy 129

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? Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

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

Zipline Logistics

MARCH 28, 2023

There are more than 24,111 automotive retail stores in the U.S. Top automotive product retailers by revenue include Autozone, O’Reilly Auto Parts, Napa Auto Parts, and Advance Auto Parts. If you’re an automotive brand and ready to dominate your category, it’s time put a solid logistics strategy in the driver’s seat.

Automotive 69

Automotive 3PL Retail Vendor Strategies 69

GlobalTranz

JULY 30, 2018

Retail Blockchain – Applications of blockchain technology in the retail supply chain go back to the sourcing of a product, validity, sustainable practices during manufacturing, movement through international trade, returns management, and recycling or reclamation of raw materials.

Logistics Network Optimization Software 126

Logistics Network Optimization Software Examples Supply Chain Software Manufacturing Procurement 126

ShipBob

OCTOBER 4, 2022

That’s where retail partnerships come in. In this post, we’ll take a closer look at how retail partnerships work, why you should consider utilizing them, and how to establish one that’s mutually beneficial. What is a retail partnership? Why (and when to) consider a retail partnership? Retail partnership challenges.

Retail 52

Retail Inventory Reduction Real-time Visibility Resource Reduction 52

Zipline Logistics

NOVEMBER 22, 2022

As the retail industry has evolved throughout the last decade, most retailers have begun to institute strict compliance programs to encourage suppliers to deliver to distribution centers on time. This example assumes the $1M company operates at a 45% gross margin. . Household Cleaning Industry & Gross Profit Opportunity .

3PL 84

3PL Retail Cost Reduction Strategies Vendor Strategies 84

Zipline Logistics

MARCH 7, 2023

Toys & Games Industry Gross Profit Opportunity As the retail industry has evolved throughout the last decade, most retailers have begun to institute strict compliance programs to encourage suppliers to deliver to distribution centers on time. Billion $2.1 Billion 8% $168.2 Billion $2.1 Billion 8% $168.2

3PL 84

3PL Retail Vendor Strategies Expense Reduction 84

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. This year marks a turning point where sustainability takes a prominent role in the C-suite.

Waste Reduction 52

Waste Reduction Inventory Reduction Retail Optimization Software 52