Enterra Insights

JANUARY 14, 2020

In the retail world, BOPIS stands for Buy Online Pick-up In Store and for some retailers it has become the heart of their omnichannel strategy. In addition, it solves critical challenges in final mile strategies, reduces costs associated with inventory management, and more.”[2] ” Integrated Inventory Management.

Inventory Reduction 100

Inventory Reduction Omnichannel Cost Reduction Strategies Expense Reduction 100

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. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. What is a retail KPI?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

GlobalTranz

SEPTEMBER 14, 2018

Omnichannel supply chains are increasing in complexity and prevalence for good reason. Omnichannel customers have a tendency to spend more than their brick-and-mortar counterparts, explains Digital Commerce 360 , making them an ideal way for retailers to stay competitive and reach more customers. Increased speed in warehouses.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

ShipBob

JULY 30, 2021

Imagine this scenario: A customer browses sunglasses on your online store but leaves without making a purchase. L ater, while they’re browsing through their Instagram feed, they notice an ad displaying a previously viewed product and a 20% discount off their first purchase. They click on the ad, which leads to a purchase.

Omnichannel 52

Omnichannel Inventory Management Software Forecasting Software Optimization Software 52

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Brand loyalty is no longer the driver for consumer purchasing decisions. People simply want to purchase products from businesses which provide a more transparent and streamlined service, and who deliver on their customer promise, even if it means inflated prices to obtain it. RESILIENCE REQUIRES OMNICHANNEL OPTIMISATION.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

Enterra Insights

DECEMBER 26, 2022

The staff at Wired magazine notes, “Everyone returns a gift or an impulse purchase now and then. Today’s consumers take a lot of factors into consideration when they make a purchase — including product availability, price, delivery dates, and return policies. of all merchandise purchased in the U.S. ”[2].

Pricing Training 130

Pricing Training Purchasing Skills Purchasing Training Procurement Solutions 130

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance. .”[1]

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” Target admits logistics costs are increasing.

Procurement Analytics 130

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 130

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Veridian Solutions

MARCH 18, 2019

Poor data quality and accuracy are two of the most significant risks to omnichannel experiences. Applying the wrong data can result in poor omnichannel experiences and tarnish your brand. Data Inaccuracy Contributes to Poor Omnichannel Experiences. How Data Affects Omnichannel Experiences.

Omnichannel 65

Omnichannel Data Modeling Supply Chain Design Software 65

Enterra Insights

DECEMBER 4, 2019

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. For online retailers and retailers with an omnichannel strategy, it’s probably good news.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Cathy Roberson

AUGUST 15, 2022

Many retailers are feeling inventory pains despite assuring analysts that they're quite pleased with their inventory levels. Mind you, some retailers may indeed be pleased with their inventory levels, but others may be trying to figure out where to store the excess inventory since so many warehouses are beyond full.

Inventory Reduction 52

Inventory Reduction Resource Reduction Inventory Cost Reduction Strategies 52

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. Regardless of what it was (new tube of toothpaste, dog treats for your pup, or a new filter for your water purification system), logistics is the system behind getting it into your hands. Inventory management. Inventory management. What is a logistics startup? Demand planning.

Logistics Network Optimization Software 97

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

GlobalTranz

SEPTEMBER 13, 2018

Primary Challenges in an E-Commerce Shipping Strategy Developing an e-commerce shipping strategy is about more than just considering e-commerce; e-commerce may include the omnichannel purchases in which customers use a variety of online and in-store devices and experiences to make a final decision and complete a purchase.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

Talking Logistics

APRIL 25, 2019

With more and more brands looking to develop their e-commerce capabilities, their needs for moving and handling inventory are shifting as well. As direct-to-consumer orders continue to increase, this trend in purchasing behavior is also driving the push for agility in MHE. 2 The shift to a hybrid omnichannel model.

Material Savings 101

Material Savings Modeling Software Supply Chain Planning Software Analytics Software 101

Veridian Solutions

SEPTEMBER 27, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Download WhitePaper.

Inventory Management Software 53

Inventory Management Software Inventory Management Procurement Analytics Supply Chain Planning Software 53

ToolsGroup

OCTOBER 3, 2022

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 The risks surrounding the retail labor shortage aren’t new.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. A Focus on Inventory Control Begets Warehouse Cost Reductions. Too many variations?

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

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. This integration ensures the visibility of inventory, efficient order processing, and synchronized fulfilment across all channels.

Supply Chain Planning Software 74

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

Unleashed

OCTOBER 27, 2021

That said, as we’ll see in the other trends in this report, COVID-19 has also been a transformational turning point. D2C logistics and eCommerce can still be burdensome for manufacturers who are not well-established in these areas. An omnichannel experience is one that provides a seamless purchase experience regardless of platform.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Enterra Insights

MAY 15, 2020

This dramatic change in consumer shopping habits emphasizes the importance of omnichannel strategies and a resilient supply chain. ” What Chaturvedi doesn’t address is the fact that the increased use of the digital path to purchase comes with a dramatic increase in consumer returns. percent in brick-and-mortar stores.

Reverse Logistics 100

Reverse Logistics Logistics Network Optimization Software Logistics Supply Chain Planning Software 100

Locus

OCTOBER 5, 2021

Today, businesses are at the cusp of new changes in the supply chain that includes evolving customer expectations, omnichannel purchasing, and the shipping of unpredictable volumes. Before the pandemic, fixed logistics had held a comparative advantage for gaining a larger customer base. What is fixed logistics?

Modeling 52

Modeling Modeling Software Optimization Modeling Logistics Network Optimization Software 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 74

Inventory Reduction Vendor Strategies Price Reduction Supply Chain Planning Software 74

ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. US-based consumers evaluate pricing on every purchase, including considering the shipping costs associated with e-commerce.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

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. The emergence of omnichannel retail has forced sellers with brick-and-mortar footprints to make major operational adjustments. What might those be?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Resource Reduction Inventory Management 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. The emergence of omnichannel retail has forced sellers with brick-and-mortar footprints to make major operational adjustments. What might those be?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Resource Reduction Inventory Management 52

Veridian Solutions

AUGUST 21, 2018

Omnichannel supply chains are increasing in complexity and prevalence for good reason. Omnichannel customers have a tendency to spend more than their brick-and-mortar counterparts, explains Digital Commerce 360 , making them an ideal way for retailers to stay competitive and reach more customers. Increased speed in warehouses.

Price Reduction 45

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 45

Veridian Solutions

SEPTEMBER 4, 2018

In the early ’90s, the Supreme Court passed on ruling whether states should be allowed to collect sales tax for online purchases. By 2000, reports NetHistory.info, the growth of the internet had increased, and it had become an integral part of everyday life in today’s world. Move toward a just-in-time inventory management strategy.

Omnichannel 45

Omnichannel Cost Reduction Strategies Resource Reduction Price Reduction 45

Enterra Insights

MAY 26, 2020

Customers don’t want to think about supply chains; they just want great purchasing experiences. Bob Trebilcock, editorial director of Modern Materials Handling , reports Todd Walker, a spokesperson for Amazon, claims, “Everything at Amazon starts with the customer, and we work backwards from there.”[1]

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Design Supply Chain Software Supply Chain Strategy 100

Veridian Solutions

SEPTEMBER 4, 2018

In the early ’90s, the Supreme Court passed on ruling whether states should be allowed to collect sales tax for online purchases. By 2000, reports NetHistory.info, the growth of the internet had increased, and it had become an integral part of everyday life in today’s world. Move toward a just-in-time inventory management strategy.

Omnichannel 40

Omnichannel Cost Reduction Strategies Resource Reduction Price Reduction 40

Supply Chain Matters

MARCH 5, 2022

Intelligent procurement technology provider JAGGAER announced the finalization of a partnership with TealBook , a tech provider that leverages artificial intelligence and machine learning to gather, predict and refine supplier data and to provide companies with additional product sourcing options. Global Health Exchange Acquires Syft.

Supply Chain Planning Software 52

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

GlobalTranz

JANUARY 21, 2019

We will delve into what will set third-party logistics providers apart in the coming year, and what to expect as e-commerce continues to merge with brick-and-mortar retail. We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. Meanwhile, inventory levels rose 3.6

Trends 152

Trends Shipping Purchasing Skills Supply Chain Software 152

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

EazyStock

SEPTEMBER 25, 2018

In today’s competitive business environment, getting the correct products to the right place at the right time via the most cost-effective manner is paramount for your business’ success. Logistics & Supply Chain Mobile Applications Top 12. EazyStock – Inventory Optimization Software.

Supply Chain Design Software 78

Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Software 78

ModusLink Corporation

NOVEMBER 23, 2022

In September 2022, Reuters reported that “FedEx (FDX.N), United Parcel Service (UPS.N) With the rising popularity of online ordering, the need for reliable digital shipping logistics and services is more vital than ever. It all goes back to improving logistics and routine operations with end-to-end e-commerce solutions.

Distribution 78

Distribution Supply Chain Planning Software Warehousing Logistics Network Optimization Software 78

Enterra Insights

JUNE 24, 2020

Ben Unglesbee ( @Ben_Unglesbee ) observes, “Well before the pandemic, many predicted that mass store closures would continue as mall traffic declined, e-commerce took hold, off-price gained market share, consumer spending habits changed and other factors forced consolidation.”[3] Thompson reports, “The U.S.

Retail 100

Retail Procurement Analytics Purchasing Skills Omnichannel 100