Talking Logistics

OCTOBER 18, 2013

Therefore, I wasn’t surprised by an article in today’s Wall Street Journal about how faulty data is hindering the HealthCare.gov rollout. Decaying Bridges, Highways Raise Costs for Truckers, Manufacturers ( Wall Street Journal ). I’m sure if I conducted those interviews again today, the story would still be the same.

Logistics Network Optimization Software 175

Logistics Network Optimization Software Supply Chain Planning Software Logistics Procurement Solutions 175

Enterra Insights

JANUARY 6, 2022

Journalist John McCormick ( @McCormickJohn ) reports a study by International Data Corporation (IDC) found, “Retail is poised to overtake banking as the top spender on artificial intelligence as companies including Home Depot Inc. Predictive Analytics. Inventory turnover. and Wayfair Inc.

Retail 173

Retail Optimal Sourcing Optimization Software Analytics Software 173

Unleashed

MAY 14, 2023

Although it’s normal for product-based businesses to have some level of inventory shrinkage, it must be kept under control. We’ll discuss everything you need to know about inventory shrinkage, how it pertains to inventory accounting , and 10 effective strategies for preventing or reducing inventory shrinkage.

Inventory Reduction 52

Inventory Reduction Journal Inventory Inventory Management Software 52

Talking Logistics

MAY 13, 2015

That’s the question I always ask when I share these types of stories with audiences, and an article in the Wall Street Journal this week about Columbia Sportswear sheds some light on the answer. How did this vast improvement in a key supply chain metric translate into financial performance? billion in worldwide revenue. million.

Supply Chain Software 100

Supply Chain Software Procurement Analytics Analytics Software Supply Chain 100

Supply Chain Matters

OCTOBER 22, 2024

Some industry reports point out reluctance to route January 2025 import volume via east coast ports because of ongoing uncertainty. West Coast Port of Los Angeles reported 27 percent higher container volumes processed in the period from July to September. A published report by Business Broadcasting Network CNBC titled: U.S.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Supply Chain Software Los Angeles 52

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 the Wall Street Journal , U.S. According to Adobe Analytics, digital sales from Nov. back to in-person shopping.

Retail 114

Retail Real-time Visibility Purchasing Skills Procurement Analytics 114

Enterra Insights

DECEMBER 16, 2021

”[1] His prediction proved accurate. Department of Agriculture (USDA) reported, “The food-at-home (grocery store or supermarket food purchases) CPI increased 1.1 ”[2] The USDA went on to predict, “In 2022, food-at-home prices are expected to increase between 1.5 In November, the U.S. ”[6].

Supply Chain Design Software 130

Supply Chain Design Software Pricing Training Predictive Analytics Software Purchasing Skills 130

ToolsGroup

DECEMBER 20, 2021

Every major publication and news outlet is reporting on the supply chain crisis. Most of the reporting has been pretty shallow, leaving all to wonder how it can be solved. . Image source: American Journal of Transportation. Many importers operating with just-in-time (JIT) inventory couldn’t get hold of the parts they needed. .

Supply Chain Disruption 194

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

Enterra Insights

OCTOBER 26, 2021

In the age of e-commerce, the digital path to purchase has a side trail called “Returns.” ” Journalist Suzanne Kapner reports, “The share of online purchases that are returned averages 30% or higher, depending on the category, three times the rate in physical stores.”[1] ”[4]. to return fraud.

Waste Reduction 130

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Enterra Insights

APRIL 22, 2019

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. Walmart recently made headlines when it toughened delivery demands for its suppliers.

Procurement Analytics 113

Procurement Analytics Manufacturing Procurement KPI Purchasing Skills 113

ToolsGroup

OCTOBER 20, 2015

Instead they adopted advanced analytical techniques to accurately model and forecast complex and unpredictable demand. With the transformation, Costa also added a new logistics partner, IT system, and purchasing process - all simultaneously. Attention Getting Results. Big changes lead to big results. They fly in formation.”.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 120

Enterra Insights

MAY 9, 2022

By evaluating where sales are happening based on actual purchase data, we see that omni customers — those who shop with a brand both online and in-store — spend significantly more. Retail and fashion journalist Suzanne Kapner ( @SuzanneKapner ) reports, “Macy’s and Kohl’s Corp. ”[5]. ” Concluding Thoughts.

Omnichannel 130

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Unleashed

JUNE 1, 2023

At a certain point, manual inventory management becomes no longer feasible. In this article, we explore a popular solution: the perpetual inventory system. Perpetual inventory systems begin with a physical inventory count that is then recorded electronically.

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Optimization Software 52

Unleashed

SEPTEMBER 3, 2023

If you’re buying or selling goods, you need to know what a purchase order is and how it works. Purchase orders enable easy and safe trading between suppliers and their customers – and provide traceability as ordered items pass through the supply chain. In this purchase order guide: What is a purchase order?

Procurement Solutions 52

Procurement Solutions Purchasing Skills Manufacturing Procurement Procurement Analytics 52

SCMDOJO

MARCH 25, 2022

Also, traditional logistics focuses its attention on activities such as procurement , distribution, maintenance, and inventory management. Founded in 1963, NCPDM represents the outbound side of logistics and the National Association for Purchasing Management (NAPM) represents the inbound side. Inventory optimization Tool.

Supply Chain Planning Software 138

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software Agile and Lean Supply Chain 138

Talking Logistics

JUNE 5, 2017

As reported in the Wall Street Journal last week: “Automotive value chains are international. An interruption in delivery of parts from a partner in Europe can therefore also have implications in China,” said [Markus Duesmann, BMW board member in charge of purchasing and supplier network]. Store-level inventory.

Supply Chain Software 154

Supply Chain Software Manufacturing Procurement Supply Chain Supply Chain Risk Management 154

Supply Chain Matters

JUNE 10, 2022

In our Supply Chain Matters commentaries focused on online customer fulfillment and especially the 2021 holiday fulfilment period, we cautioned retail and consumer goods supply chain management teams to be watchful for the bullwhip effect in inventory planning and replenishment needs to support expected customer demand.

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Scenario Planning Supply Chain Planning 52

Enterra Insights

JUNE 25, 2021

Kearney’s Consumer Products and Retail Practice, asserts, “Retailers need to review forecasts and inventory commitments for Holiday 2021 which could be a blockbuster. Census Bureau’s March retail trade report, which predicted a booming holiday season. For example, overall retail sales in April rose by 51.2%

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 130

Kinaxis

OCTOBER 25, 2017

For example, we wrote recently about how Amazon’s purchase of Whole Foods Market represents more than a new stream of brick and mortar business, but the possibility of improving its last mile delivery – the so-called “Holy Grail of Logistics,” and therefore gaining a further leg-up over its eCommerce competitors in the grocery category.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 111

Talking Logistics

APRIL 8, 2016

MercuryGate Launches Global, Omni-modal Freight Procurement Solution. Many shippers have effectively elected to toss to the wayside any talk of partnerships, relationships, cooperation, collaboration, etc. ,” the report read [emphasis mine]. Based on the quote above from the Stifel report, it seems like my advice has been ignored.

Logistics Network Optimization Software 100

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Enterra Insights

FEBRUARY 23, 2018

Khadeeja Safdar ( @khadeeja_safdar ) and Imani Moise ( @MoiseNoise ) report, “Retailers had their best holiday sales since 2011, according to Mastercard SpendingPulse, which tracks payments in stores and online.”[1] The growth in mobile purchasing continues. Provide Full Inventory Visibility. 6] They are: 1.

Inventory Reduction 100

Inventory Reduction Omnichannel Price Mitigation Strategies Supply Chain Strategy 100

Supply Chain Opz

SEPTEMBER 1, 2018

To compare both books to find the best book for beginners, we will use 6 performance criteria under 3 categories as below, - Book Performance: this is the same as an article-level metric. Sales Performance: two metrics are used to judge the sales performance of both books, namely, "Amazon Sales Rank" and "Best Seller Award."

Negotiating Skills 100

Negotiating Skills Purchasing Skills Buyer Training Six Sigma 100

Enterra Insights

MARCH 18, 2022

Journalist Suzanne Kapner ( @SuzanneKapner ) reports, “After losing ground to e-commerce, bricks-and-mortar stores are back in style. Almost overnight, many physical stores became warehouses for online purchases. They serve as distribution hubs and convenient places for shoppers to pick up and return online purchases.”

Omnichannel 130

Omnichannel Expense Reduction Cost Reduction Strategies Inventory Reduction 130

Supply Chain Opz

JANUARY 29, 2020

Anyway, the access to this database costs an arm and a leg. Therefore, the challenge to establish the ranking method is to find a more economical data source and the unbiased metrics. The content is good then people refer to it often (number of citations are also used to measure the importance of journal articles aka Impact Factor).

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Supply Chain Design Software Supply Chain Planning Software Supply Chain Strategy 100

Enterra Insights

MARCH 5, 2018

Whole Foods offers Amazon the opportunity to experiment with retail analytics, customer traffic management and in-store preference-matching. It’ll be a testing ground for the unexplored science of ‘presence marketing,’ the layering online and offline buying analytics while tracking customers’ movements while they shop.”

Retail 100

Retail Supply Chain Network Software Analytics Software Procurement Analytics 100

Demand Solutions

APRIL 19, 2016

According to a recent Wall Street Journal article , the upscale furniture retailer is struggling to stock and ship many of the pieces in this new line. As the article reports: “Executives at Restoration Hardware Holdings Inc. You guessed it: poor supply chain planning. The Anatomy of a Supply Chain Planning Disaster.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 100

Demand Solutions

APRIL 19, 2016

According to a recent Wall Street Journal article , the upscale furniture retailer is struggling to stock and ship many of the pieces in this new line. As the article reports: “Executives at Restoration Hardware Holdings Inc. You guessed it: poor supply chain planning. The Anatomy of a Supply Chain Planning Disaster.

Supply Chain Planning Software 100

Supply Chain Planning Software Supply Chain Planning Scenario Planning Supply Chain Software 100

Enterra Insights

SEPTEMBER 28, 2020

… With an ever-complex consumer purchasing path, it can be difficult for a brand to know where exactly to adjust their efforts. Data and advanced analytics. Data analytics and cognitive risk sensing are becoming increasingly important tools for organizations.” ”[2]. CPG industry and cognitive technologies.

Data 100

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GlobalTranz

MAY 13, 2015

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 When it comes to e-commerce initiatives by Walmart, the Wall Street Journal recently wrote : Wal-Mart Stores Inc. million employees without a focus on good supply chain management.

Gartner 120

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 120

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

SCMDOJO

AUGUST 16, 2023

By employing these technologies, Walmart gains valuable insights into customer buying behavior, sales trends, and inventory levels. The ability to analyze this data enables the retail giant to make informed decisions on product procurement, inventory management, and demand forecasting.

Inventory Reduction 98

Inventory Reduction Vendor Strategies Supply Chain Planning Software Price Reduction 98

Enterra Insights

SEPTEMBER 29, 2020

Journalists Sarah Nassauer ( @SarahNassauer ) and Jennifer Maloney ( @maloneyfiles ) report, “Nearly six months into the coronavirus pandemic in the U.S., billion this year, according to a June report from market research firm eMarketer. of total sales of over $45 billion, according to the company’s July 30 earnings report.”

Company 100

Company Manufacturing Procurement Omnichannel Procurement Analytics 100

Supply Chain Matters

DECEMBER 4, 2023

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October. in November.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

Enterra Insights

DECEMBER 17, 2021

”[1] Unfortunately, most pundits predict food prices will only continue to rise. Retail and grocery reporter Nathaniel Meyersohn ( @nmeyersohn ) writes, “Expect to keep paying more for groceries in 2022.”[3] ”[3] His prediction is shared by the U.S. Department of Agriculture. ”[3]. ”[7].

Purchasing Skills 130

Purchasing Skills Price Reduction Food Cost Reduction Strategies 130

Enterra Insights

SEPTEMBER 14, 2022

. … The most important one is that there is a need to not only look at the demand side but to also look at the supply chain when one wants to improve the customer experience, especially when the customer intention is a purchase.”[2] ”[3]. Bill Hobbs ( @hobbs_bill ), Founder of Mt. ”[9]. Leverage advanced technologies. .”

Gartner 130

Gartner Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain 130

Unleashed

JUNE 5, 2023

But if you’re on a tight budget, or you only deal with a handful of SKUs, the modern perpetual inventory method may be a little heavy for your basic needs. What is a periodic inventory system? A periodic inventory system is a method of accounting for inventory in which stock updates are made periodically.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Demand Planning Software 52

RFgen

SEPTEMBER 7, 2018

Enterprises in the retail space can make headway here by implementing an out-of-the-box inventory methodology that transforms storefronts into miniature fulfillment centers. Why would this model be more favorable than existing supply strategies? What might those be? This is, of course, easier said than done. Standardizing strategies.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Resource Reduction Inventory Management 52