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

Supply Chain Brain

MAY 31, 2023

TradeBeyond’s quarterly Retail Sourcing Report provides a comprehensive examination of the current state of global retail sourcing to help supply chain leaders better understand macroeconomic trends and make more informed purchasing decisions.

Purchasing Skills 52

Purchasing Skills Procurement Analytics Sourcing Report 52

Enterra Insights

JANUARY 9, 2023

This is the conundrum faced by retailers as they enter the new year. Jocz noted, “Purchases depend on consumers’ having disposable income, feeling confident about their future, trusting in business and the economy, and embracing lifestyles and values that encourage consumption. 2023 Retail Trends. ”[1]. .

Trends 130

Trends Retail Predictive Analytics Software Omnichannel 130

ToolsGroup

AUGUST 12, 2022

In a world where customer expectations are higher (some food delivery services actually put the groceries right into your fridge), and where customers select retailers based on products being in stock and reliability of delivery, optimizing the customer experience is a must to stay on top. . What is the Omnichannel Retail Experience?

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. Here we explore why the MRO supply chain is so significant and how better management of the entire MRO purchasing process can drive valuable cost savings and efficiency gains. Why is handling MRO procurement so costly?

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

Enterra Insights

FEBRUARY 8, 2022

These were supposed to be dire days for retail. The so-called retail apocalypse witnessed a record number of store closings over the past few years and the pandemic exacerbated the situation. Not surprisingly, both retailers and consumers adapted to these new realities. Retail Trends. Journalist E. ”[5].

Trends 130

Trends Retail Procurement Analytics Procurement Solutions 130

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

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

The global supply chain industry has by default, a large environmental impact, through its carbon footprint. As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. We pledge to adopt better ways of doing business with the aim of becoming an industry standard.

Resource Reduction 242

Resource Reduction Supply Chain Planning Software Global Supply Chain Software 242

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. ”[2] Nevertheless, she observes, “Retailers are more on edge.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

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

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. Get the real story on today’s retail worker shortage, as we break down: Retail Labor Shortage Statistics. The Need for Corporate Retail Talent.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

ToolsGroup

MAY 11, 2022

Leaders surveyed in third annual ToolsGroup and CSCMP report are “extremely concerned” about external supply chain threats but lack people to make transformation succeed. Download the complete report: Digital Supply Chain Planning Outlook 2022 ?. That’s why global leaders like Absolut, BP and Harley-Davidson rely on us year after year.

Purchasing Skills 295

Purchasing Skills Buyer Training Supply Chain Software Supply Chain Planning Software 295

Supply Chain Shaman

SEPTEMBER 22, 2021

Recently, I hosted the Supply Chain Insights Global Summit. At the end of the presentation, I asked Allyson her perspective on open source analytics. My question was, ” Would the world of Python, R, and NoSQL offer for an improved modeling environment with a digital twin deployment. Using Analytics In the World of Gray.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. “According to a new global survey of more than 2,500 consumers from Periscope by McKinsey, U.S. Data, cognitive technologies, and the digital path to purchase.

Procurement Analytics 100

Procurement Analytics Purchasing Skills Procurement Solutions Analytics Software 100

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

Logistics Viewpoints

APRIL 26, 2022

As more consumers flock to e-commerce, purchasing big & bulky goods such as furniture, appliances, and wholesale electronics online is becoming more common. A Statista study found that in 2020, the furniture and appliance e-commerce global market volume was $383.2B. Why is delivery more complicated for big & bulky retailers?

Supply Chain Planning Software 190

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 190

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain? How should the supplier perform?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

ivalua

AUGUST 29, 2019

At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. The research, conducted by Vanson Bourne on behalf of Ivalua, found that 71% of respondents believed the rate of digitisation in Procurement is low.

Manufacturing Procurement 164

Manufacturing Procurement Procurement Analytics Procurement Solutions Purchasing Skills 164

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. This approach can help organizations streamline their procurement processes, negotiate better deals with suppliers, and ultimately save money.

Procurement Solutions 76

Procurement Solutions Manufacturing Procurement Procurement Analytics Optimal Sourcing 76

Enterra Insights

MAY 24, 2021

And the retail sector has certainly been changing, transforming, and evolving over the past few years. Executives in the retail sector have been forced to reimagine what retail will look like in the future, which has required them to change face and to understand the changing face of the business landscape. Putting on make-up?

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

Supply Chain Shaman

JULY 19, 2020

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. In the review of my first book, Bricks Matter , Keith Harrison, former Global Director of Product Supply at P&G asked me, “You mention the need for supply chains to shift from a focus on cost to value.

Supply Chain Design Software 400

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

Enterra Insights

MAY 9, 2022

Ready or not, retailers were shoved into the omnichannel world thanks to pandemic lockdowns beginning early in 2020. This created a new retail landscape — on both the consumer and supplier side. Recent global shifts and the changing habits of fickle consumers and customers mean the market is continuously evolving. ”[3].

Omnichannel 130

Omnichannel Retail Purchasing Skills Inventory Reduction 130

ToolsGroup

DECEMBER 16, 2021

After all, why pay full price when you can purchase the exact same item for less? It has become common practice for savvy shoppers to hunt for deals all year round and to favor the retailers who offer the best deals. The Top 20 Retail Promotion Statistics. Promotions influence both in-store and online purchases.

Retail 194

Retail Purchasing Skills Procurement Solutions Procurement Analytics 194

Enterra Insights

JANUARY 6, 2022

In the years leading up to the Covid-19 pandemic, the most discussed topic in the retail sector was the Retail Apocalypse. A combination of the rise of e-commerce, overbuilding of stores, and too much debt-load resulted in thousands of physical retail locations going out of business. and Wayfair Inc.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

Enterra Insights

JULY 20, 2021

For many retailers, the pandemic has been a nightmare. In Part 1 of this article, I discussed signs that the brick-and-mortar retail sector is recovering. In part 2 of this three-part article, I discuss what some experts are saying about how the retail sector must change in the post-pandemic world — the so-called “new normal.”

Retail 100

Retail Manufacturing Procurement Procurement Analytics Supply Chain Planning Software 100

Enterra Insights

OCTOBER 1, 2021

For years now, retailers have been advancing the date for Christmas holiday sales. As anchor-woman Ashley Thompson ( @AshleyCBS46 ) reports, “A supply chain crisis is forcing shoppers to buy their holiday gifts earlier than usual.”[1] For decades, holiday sales began after Thanksgiving on Black Friday.

Retail 130

Retail Procurement Analytics Agile and Lean Supply Chain Demand Planning Software 130

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

APRIL 19, 2024

In a little more than two years, Amazon has installed more than 17,000 chargers at about 120 warehouses around the US, making the retail giant the largest operator of private electrical vehicle charging infrastructure in the country. The February Transportation Intelligence report from economic forecasting firm FR showed that U.S.

Logistics Network Optimization Software 201

Logistics Network Optimization Software Logistics Baltimore Canada 201

Logility

JANUARY 4, 2022

Planalytics’ weather-driven demand analytics help businesses stay ahead of never-ending sales variability. Logility customers can leverage Planalytics weather-driven demand analytics to factor in the weather’s influence on top line revenue and product/category sales across specific time periods and locations. ATLANTA – Jan.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Demand Planning Software Analytics Software 130

Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. The retailer plans to double the number of sites in the coming years and currently operates more than 55 dedicated same-day sites across the U.S. Retailers estimate 13.7 Retailers estimate 13.7 percent, or $24.5

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

GlobalTranz

JUNE 19, 2018

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises. Download eBook.

Procurement Solutions 175

Procurement Solutions Procurement Analytics Capacity Procurement 175

Enterra Insights

AUGUST 23, 2022

Just when brick-and-mortar retailers thought the so-called “retail apocalypse” was ending, supply chain woes and rising inflation reined in their optimism. ”[2] In other words, physical retailers can’t return to business as usual. What Does a Retail Reset Entail? ”[3]. ”[3].

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Enterra Insights

AUGUST 23, 2022

Just when brick-and-mortar retailers thought the so-called “retail apocalypse” was ending, supply chain woes and rising inflation reined in their optimism. ”[2] In other words, physical retailers can’t return to business as usual. What Does a Retail Reset Entail? ”[3]. ”[3].

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

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

Procurement Academy

OCTOBER 19, 2023

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

Negotiating Skills 52

Negotiating Skills Pricing Training Negotiate Pricing Purchasing Training 52

ToolsGroup

DECEMBER 20, 2021

Global Trade Authority Rob Garrison, CEO and Co-Founder of Mercado Labs, shares insights from over 30 years of supply chain experience working with a variety of Fortune 500 companies. Here, he explains what caused current global supply chain disruptions, and shares the five steps needed to overcome today’s supply chain issues.

Supply Chain Disruption 194

Supply Chain Disruption Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 194