Logistics Viewpoints

DECEMBER 6, 2022

However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. Compare this to the 9% returns rate of purchases made in-store. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019.

Reverse Logistics 221

Reverse Logistics Purchasing Skills Price Reduction Logistics Network Optimization Software 221

Stord

JULY 11, 2023

Recognizing the limitations of its antiquated systems and processes, the Snackpass team sought a solution that could keep pace with its evolving needs. Both Stord’s OMS and WMS software have been integral as we build fulfillment operations that support our hypergrowth.” "The

Supply Chain Design Software 60

Supply Chain Design Software Inventory Management Software Optimization Software Forecasting Software 60

Enterra Insights

MAY 31, 2019

consumers expect orders, with free shipping, to arrive within three days. To meet changing consumer behavior, retailers are finding omnichannel strategies essential. ” Omnichannel strategies can help meet consumer demands. are becoming increasingly demanding. Many retailers are struggling to deliver on this expectation.”[1]

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

GlobalTranz

JANUARY 21, 2019

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019. Actual costs could quickly rise above 33 percent.

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

Talking Logistics

APRIL 25, 2019

For companies to meet the rising demand for direct-to-consumer orders, MHE offerings must become more innovative. Instead, organizations are exploring ways to create short-term solutions and build an agile system that can adapt at any given time. 2 The shift to a hybrid omnichannel model. 3 The push for business intelligence.

Material Savings 101

Material Savings Modeling Software Supply Chain Planning Software Analytics Software 101

Enterra Insights

MAY 24, 2021

1] Omnichannel Operations are Now the Norm As the light at the end of the pandemic tunnel brightens, malls are starting to see more foot traffic and physical stores are preparing for the return of customers. Most retailers now understand the importance of have a strong omnichannel strategy. Omnichannel is here to stay.”

Retail 130

Retail Modeling Supply Chain Planning Software Modeling Software 130

Veridian Solutions

JULY 25, 2019

Omnichannel is a hard-sell. According to Applause.com , the biggest challenges in omnichannel supply chains derived from a simple problem. Brick-and-Mortar Experiences Deliver Just as Much as Online Experiences in Omnichannel. Omnichannel capabilities offer much more than just purchase history and targeted advertising.

Omnichannel 45

Omnichannel Retail Supply Chain Planning Software Procurement Analytics 45

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. A 2021 McKinsey study, that when delivery times are too long, almost half of omnichannel consumers will shop elsewhere. Adopting route planning solutions is one of the quickest and most practical ways to operate more sustainably.

Logistics Network Optimization Software 130

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

Enterra Insights

APRIL 20, 2021

Thanks to the pandemic, consumers now find themselves more frequently on the digital path to purchase. ”[3] As the digital path to purchase gets more crowded, the pressure on last-mile logistics also increases. . ”[3] As the digital path to purchase gets more crowded, the pressure on last-mile logistics also increases.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Supply Chain Planning Software Logistics Predictive Analytics Software 130

SCMDOJO

DECEMBER 28, 2023

According to a recent report by Global Web Index, modern shoppers distribute their attention across multiple social platforms and are increasingly likely to purchase products on their mobile devices. Having clear visibility into inventory is critical for omnichannel fulfilment.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

TMC

FEBRUARY 11, 2016

It also shed light on the key role that transportation management system (TMS) solutions play in helping retailers respond and adapt to the emerging industry landscape. In response to changing consumer buying preferences, retailers have implemented multichannel or omnichannel supply chains.

Omnichannel 48

Omnichannel Supply Chain Software Logistics Network Optimization Software Modeling Software 48

Enterra Insights

SEPTEMBER 29, 2020

Companies that had the foresight to embrace online (omnichannel) operations prior to the pandemic have been richly rewarded. The rush to omnichannel operations. While some manufacturers and retailers had fairly mature omnichannel operations, other companies hastened to bolster their operations.

Company 100

Company Manufacturing Procurement Omnichannel Procurement Analytics 100

Vinculum

APRIL 27, 2022

Shopping has become an online affair, with 73% of customers using several channels while purchasing. A solution to simplify your business: Order Management System. A software that heroes are tracking sales, inventory, orders, fulfillment alongside completing multiple orders. Negotiating carrier shipping costs and discounts.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Supply Chain Software Expense Reduction 52

Talking Logistics

MARCH 10, 2016

Cloud-based applications that manage e-commerce and enterprise resource planning (ERP) have lowered the barrier to entry for small- to medium-sized companies, and fueled an explosion of innovative products and high growth organizations. Omnichannel Shakes up the Warehouse. Another issue was ensuring the integrity of addresses.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Warehousing Shipping Supply Chain Software 100

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. expecting same day delivery, two-day shipping, etc.) More agile on fulfilling requests and custom solutions.

Logistics Network Optimization Software 97

Logistics Network Optimization Software Forecasting Software Supply Chain Planning Software Supply Chain Design Software 97

ShipBob

FEBRUARY 6, 2023

To make this happen, businesses need to take advantage of technology solutions that allow them to seamlessly share data, communicate, and execute different warehousing tasks. From platforms that simplify data exchange to tools that support storage and retrieval, these latest warehouse technologies allow for better automation and efficiency.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Predictive Analytics Software 52

Locus

MARCH 28, 2022

The brand provides buyers with a hi-tech omnichannel experience through its in-store implication of RFID, which also creates a smooth purchasing experience. Community marketing enables shoppers to enlist others’ help in making purchase decisions. This type of retail practice can stimulate consumers’ purchasing senses.

Retail 52

Retail Cost Reduction Strategies Price Reduction Inventory Reduction 52

Enterra Insights

SEPTEMBER 13, 2018

Med Yones, an international expert specializing in global strategy, organization development, and innovation management, has remarked: “The larger the organization, the more susceptible it is to the breakdown of communication, the emergence of management silos and misalignment.”[2]. Silos and Omnichannel Operations.

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Omnichannel Supply Chain Software 100

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

FLEXE

JANUARY 25, 2018

Omnichannel has been a buzzword for years. In the coming years, omnichannel will mean a lot more than having a physical retail and online presence. Not only did its purchase of Whole Foods last year confirm that, last week it opened Amazon Go, the first cashierless grocery store. Omnichannel is complicated. Free shipping.

Omnichannel 37

Omnichannel Logistics Network Optimization Software Inventory Reduction Sourcing Strategies 37

FLEXE

APRIL 12, 2017

Can you remember your first online purchase? Today, for many of us, shopping online happens more frequently than in-store purchases. Struggling to create a seamless omnichannel experience and boost online sales has been on the agenda. Retailers, of every shape and size, are faced with the threat: “Innovate or die.”.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Price Reduction 52

Vinculum

JULY 8, 2019

With over 130 sessions and 600 top technology solution providers , IRCE saw huge participation of brands, retailers, 3PLs and brand distributors from all over the world. Modules to orchestrate real-time view of inventory and enable omnichannel for brands and retailers. The Future of Retail: Digital Retail Innovations.

Chicago 40

Chicago Supply Chain Design Software Supply Chain Software Supply Chain Network Software 40

Elementum

AUGUST 8, 2018

Innovations like Amazon Key build last-mile logistics around one pillar — the customer's convenience. Amazon now uses drones for shipping. To sum it up: logistics is no longer simply a basic aspect of business; it is now an exciting and dynamic field with huge potential for business-changing innovations.

Logistics Network Optimization Software 74

Logistics Network Optimization Software Retail Inventory Reduction Cost Reduction Strategies 74

Vinculum

APRIL 29, 2020

Inadequate inventory, uncertainties pertaining to logistics, resultant shipping delays are some of the over-the-top challenges encountered by the retail industry. They are relying on retailers and eCommerce platforms for purchasing essential stuff online. With the rise in innovation-led globalization, data is becoming more distributed.

Government 52

Government Procurement Solutions Retail Data 52

Material Handling & Logistics

JANUARY 10, 2018

Kristi Montgomery, VP of innovation, Kenco. Investing in Innovation. Having a specialized team specifically focused on innovation is a growing trend in the logistics industry. Innovation Labs are continuing to pop up, emphasizing the need for companies to invest in innovation to foster creative new solutions and products.

Predictive Analytics Software 96

Predictive Analytics Software Supply Chain Design Software Predictive Analytics Supply Chain Software 96

3PL Insights

JUNE 3, 2020

Consumers learned quickly to plan purchases ahead, buy only what they need, and have patience. As the crisis forged on, retailers enabled new omnichannel and “contactless” purchasing options. Consumers will expect free or low-cost shipping, prompt receipt of purchases, and free, easy returns.

Purchasing Training 52

Purchasing Training Third Party Logistics Inventory Management Software Forecasting Software 52

ToolsGroup

AUGUST 12, 2022

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . That’s where omnichannel retail trends enter the equation.

Omnichannel 156

Omnichannel Optimal Sourcing Supply Chain Planning Software Inventory Reduction 156

Elementum

AUGUST 8, 2018

Innovations like Amazon Key build last-mile logistics around one pillar — the customer's convenience. Amazon now uses drones for shipping. To sum it up: logistics is no longer simply a basic aspect of business; it is now an exciting and dynamic field with huge potential for business-changing innovations.

Logistics Network Optimization Software 60

Logistics Network Optimization Software Retail Inventory Reduction Cost Reduction Strategies 60

Locus

DECEMBER 22, 2021

With last-mile delivery costs contributing to more than 50% of total shipping costs, the rising expectations in home delivery increases the risk of encountering inefficiencies. From 2022, we can see a steady rise in enterprise businesses investing in last-mile delivery software. More Focus on Last-Mile Delivery.

Logistics Network Optimization Software 52

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

Enterra Insights

OCTOBER 7, 2019

This new avenue allows for parents to purchase items and have them delivered right to their student’s dorm room or apartment.”[5]. That’s good news for grocers, who then avoid the cost of shipping.” She writes, “The online grocery option is a great way for parents and college students to connect. ”[5].

Modeling Software 100

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

SCMDOJO

AUGUST 16, 2023

The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting. One of the key elements of the EDLC policy is the direct procurement of items from suppliers, eliminating intermediaries in the process.

Inventory Reduction 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

ShipBob

FEBRUARY 2, 2022

But they often fall short when it comes to providing exceptional delivery experiences, especially now that there’s a shift to omnichannel ecommerce. Fortunately, logistics innovations such as delivery as a service (DaaS) are here to change that and help ecommerce businesses transform their customer experience.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Inventory Management Software Demand Planning Software Supply Chain Network Software 52

GlobalTranz

FEBRUARY 17, 2016

Carrying slow-moving inventory or shipping damaged/incorrect product hurts customer relationships. Purchasing can place the order and negotiate prices; Production Planning can release these items based on the latest Material Requirements Planning (MRP) report. Using Lean tools, without a complete cultural shift, creates a Lean façade.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Vinculum

FEBRUARY 18, 2020

Technological advancements and breakthrough innovations are disrupting the industry substantially, bringing out substantial changes in the way most of the business functions are being carried out. Many businesses held the notion that SaaS WMS solutions might not be apt for execution-intensive business functions like warehouse management.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 52

FLEXE

JANUARY 11, 2018

The way we consume has fundamentally changed and it’s up to retailers and brands to make the necessary innovations to keep up (with Amazon). Acquiring last-mile delivery solutions to speed delivery times (Walmart and Target both did this). 1 – Storefronts Make a Comeback with Omnichannel. Commerce is different now.

Logistics Network Optimization Software 43

Logistics Network Optimization Software Trends Retail Logistics 43

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

Vinculum

JUNE 26, 2020

More than 50% of consumers have been observed to make online purchases of the items that they would otherwise preferably but from a brick-and-mortar store. And, retailers with an omnichannel strategy and execution measures in place are going to emerge as the leading forces in the trying times. Adopting the Omnichannel Retail Approach.

Omnichannel 59

Omnichannel Inventory Reduction Modeling Modeling Software 59