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. ”[2].

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

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

GlobalTranz

DECEMBER 27, 2017

Today, is day two of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation Management , Freight. This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators.

Supply Chain Software 151

Supply Chain Software Optimal Sourcing Supply Chain Optimization Supply Chain Strategy 151

ThroughPut

JULY 24, 2022

The retail industry has been witnessing unending turmoil over the last couple of years by way of a series of challenges – ranging from shifts in purchasing habits and consumer demands to the vagaries of a relentless global pandemic that continues to trigger seismic upheavals. Ensure cross-functional integration and end-to-end planning.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Forecasting Software Optimization Software 96

Unleashed

DECEMBER 10, 2023

An order management system (OMS) is a software application that can run your entire order lifecycle – from inventory management and fulfilment to distributing order status notifications and managing any returns or exchange orders. In this OMS vs ERP guide: What is an OMS? However, an OMS and an ERP are not interchangeable.

Inventory Management Software 52

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Demand Planning 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

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

Oracle SCM

AUGUST 1, 2018

Often this data is rolled up organizationally, geographically or in distribution through performance metrics or key performance indicators (targets change with these roll ups). Optimal inventory management using data from point of sale systems, in store inventory updates, in transit inventory and VMI on hand at supplier warehouses.

Supply Chain Planning Software 104

Supply Chain Planning Software Inventory Management Software Gartner Demand Planning Software 104

Vinculum

SEPTEMBER 14, 2022

Retail organizations across the globe are implementing supply chain management systems to control the movement of inventories and maintain product quality. Implementation of supply chain management helps control the manufacturing processes, improve product quality and help organizations build a solid customer base. Inventory .

Supply Chain Planning Software 52

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Retail 52

Enterra Insights

DECEMBER 20, 2018

[And] 30% of major retailers will adopt a retail omnichannel commerce platform that integrates a data analytics layer that centrally orchestrates omnichannel capabilities.” First, retail transformation is necessary because consumer preferences and paths to purchase are changing. ” Inventory management.

Analytics Software 113

Analytics Software Predictive Analytics Software Supply Chain Design Software Supply Chain Software 113

Veridian Solutions

JANUARY 23, 2019

Click and collect makes up a portion of true omnichannel supply chains, allowing customers the freedom to shop online and pick up products in the store. Because retailers are increasingly going omnichannel as a result of the “Amazon Effect,” retailers have started using stores-as-a-distribution center (SaaDC).

Retail 49

Retail Eliminating Excel in Purchasing Omnichannel Procurement Analytics 49

Enterra Insights

MARCH 30, 2022

According to the staff at Scorpion Planogram, at the height of the pandemic, “Many [consumers went] to brick-and-mortar stores with specific purchases in mind, whether that meant a large, well-planned grocery trip or an expedition to find a good reusable mask.”[2] What are they buying online for curbside pickup or delivery?

Trends 130

Trends Procurement Analytics Inventory Reduction Cost Reduction Strategies 130

Unleashed

JUNE 2, 2022

The term omnichannel is a popular eCommerce buzzword, but what exactly is omnichannel eCommerce, and why is it important? We cover these questions and more about the eCommerce sales phenomenon that is omnichannel. What is omnichannel eCommerce? What is the aim of the omnichannel approach?

Omnichannel 97

Omnichannel Inventory Management Software Supply Chain Design Software Analytics Software 97

Veridian Solutions

JANUARY 14, 2019

Click and collect makes up a portion of true omnichannel supply chains, allowing customers the freedom to shop online and pick up products in the store. Because retailers are increasingly going omnichannel as a result of the “Amazon Effect,” retailers have started using stores-as-a-distribution center (SaaDC).

Retail 40

Retail Eliminating Excel in Purchasing Procurement Analytics Omnichannel 40

SCMDOJO

JUNE 14, 2023

A 3PL offers a comprehensive range of services, including transportation, warehousing, distribution, and value-added solutions such as inventory management, packaging, and assembly. For example, it can be used for inventory management, order fulfillment, and product tracking tasks.

3PL 77

3PL Supply Chain Design Software Prescriptive Analytics Software Inventory Management Software 77

Vinculum

MARCH 31, 2021

In 2019, omnichannel shopping proved to be a consistently popular trend, and will continue to be an essential part of customers’ experience in 2020. The number of omnichannel shoppers is expected to grow by 25% by 2020, which is why retailers need to put an emphasis on omnichannel commerce. What is Omnichannel Commerce?

Omnichannel 52

Omnichannel Retail Inventory Reduction Manufacturing Procurement 52

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. The focus is on channel data: price; inventory positions; and policies. Customer-Centric Supply Chain Processes. Channel Sensing.

Material Savings 181

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 181

Logistics Viewpoints

JULY 18, 2022

The company sources goods from 34,000 suppliers out of 30 nations. In the annual report where they report on their key performance indicators (KPIs), they don’t just report on core financial metrics and the NPS, they also have people metrics. The company has shown sustained improvement on this metric.

Supply Chain Design Software 220

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Network Design Software 220

Logistics Bureau

AUGUST 10, 2017

If your company is trading in the fast-paced arena of omnichannel retail , this is one buzzword you really need to pay attention to. If your current strategy involves the use of warehouses to store inventory at the lowest possible cost, there’s every chance that your network isn’t well-suited to efficient last-mile services.

Supply Chain Planning Software 44

Supply Chain Planning Software Cost Reduction Strategies Inventory Reduction Price Reduction 44

ToolsGroup

MARCH 1, 2018

But omnichannel retail is causing retailers to revisit practices like this and explore a new approach that flips the sequence, using analytics to first determine what is likelier to sell, then deciding what to carry. Yet paradoxically retailers front-load inventory to the store, under the belief that goods must be on the shelf to sell.

Inventory Reduction 189

Inventory Reduction Retail Inventory Supply Chain Planning Software 189

Unleashed

JUNE 23, 2021

Best practice inventory management – and the wider world of supply chain management – has played a big part in business survival through 2021. With that in mind, here’s our pick of the 10 most important inventory management trends for 2022. 10 inventory management for 2022: 1. Inventory analytics goes mainstream.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

ShipBob

FEBRUARY 26, 2024

and then planning your inventory orders accordingly. It involves assessing how the overall supply chain performed, analyzing metrics, and how well you managed exceptions. Developing an agreement – For CPFR to work, manufacturers, retailers, and suppliers should agree on how communication will be carried out.

Forecasting 52

Forecasting Supply Chain Planning Software Forecasting Software Supply Chain Planning 52

Cognira

NOVEMBER 28, 2023

This blog explores the trends that define this year’s holiday season and the factors that draw the consumer path to purchase. Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point. compared to the last year.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Unleashed

DECEMBER 6, 2021

With inventory management and other software features built for the wholesale environment, you’ll be able to work towards success in a number of ways: improved profit margins by holding a lean inventory, optimising inefficiencies to cut labour costs, better strategic decision making through data… the list goes on.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Vinculum

JANUARY 27, 2022

Earlier, what used to be the procedure of going to market and purchasing the required stuff has now changed to simply sitting in the comfort of our home and shopping for everything online, whatever the products may be. Going omnichannel with such stores is more desirable for customers for easy access and convenience.

Retail 52

Retail Price Reduction Procurement Analytics Modeling Software 52

6 River Systems

JUNE 29, 2020

Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. China trade war has already put regionalization of manufacturing back on the table. Chinese manufacturers did the same as they evolved their operations during the 1990s and early 2000s. .”

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 116

E2open

DECEMBER 8, 2022

New rebate analytics allow channel partners to track key sales and rebate metrics to drive more business, deliver a higher return on brand owner incentive spend, and increase partner satisfaction and compliance. Channel partners visit multiple sources to build a complete view of sales leads, which is a time-consuming and inefficient process.

Supply Chain Network Software 60

Supply Chain Network Software Supply Chain Planning Software Analytics Software Forecasting Software 60

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

6 River Systems

JULY 25, 2019

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Strategy 96

6 River Systems

SEPTEMBER 3, 2019

Generally speaking, order fulfillment encompasses roughly 5 steps for most warehouses : Organization of the warehouse: This doesn’t just mean stacking inventory for space-saving; instead, it’s a SKU-fueled process that should be a strategic one. The merchant selling the product doesn’t actually own or stock inventory.

Cost Reduction Strategies 40

Cost Reduction Strategies Purchasing Skills Inventory Reduction Material Savings 40

ShipBob

MARCH 3, 2022

Only when you know how much it costs to produce or procure a single unit of any SKU can you make more informed decisions on how much to sell it for. Manufacturing and supplier costs. Cost per unit offers insight into how much it costs to produce a single item, receive new inventory, store it, and fulfill and ship it.

Cost Reduction Strategies 52

Cost Reduction Strategies Material Savings Price Reduction Inventory Reduction 52

Unleashed

DECEMBER 20, 2022

This modern business model functions as the online solution to making retail, manufacturing, wholesale, and service-based sales. Services: Professional services that may be purchased over the internet. Most retail and manufacturing goods – such as apparel, entertainment, groceries, and household goods – fall within this category.

Modeling Software 96

Modeling Software Demand Planning Software Inventory Management Software Forecasting Software 96

Veridian Solutions

DECEMBER 3, 2018

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. The method of an integrated, robust WES allows supply chain managers to help manufacturers, or growers and harvesters in the case of produce, discover and act upon problems that led to contamination. Download WhitePaper. Compatibility with automated systems.

Supply Chain Network Software 45

Supply Chain Network Software Demand Planning Software Food Warehousing 45

Veridian Solutions

DECEMBER 3, 2018

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. The method of an integrated, robust WES allows supply chain managers to help manufacturers, or growers and harvesters in the case of produce, discover and act upon problems that led to contamination. Download WhitePaper. Compatibility with automated systems.

Supply Chain Network Software 40

Supply Chain Network Software Demand Planning Software Food Warehousing 40

ThroughPut

NOVEMBER 28, 2023

From keeping tabs on inventory levels and production schedules to orchestrating order fulfillment, managing transportation, and evaluating supplier performance – it’s your one-stop shop for tracking many events and activities. This magic isn’t confined to just one corner of your business.

Prescriptive Analytics Software 52

Prescriptive Analytics Software Analytics Software Supply Chain Planning Software Supply Chain Design Software 52

GlobalTranz

DECEMBER 28, 2017

Today is day three of our annual year-end series highlighting the top blog posts in each of our 5 main categories: Manufacturing , Supply Chain , Logistics , Transportation , Freight. Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions.

Logistics Network Optimization Software 140

Logistics Network Optimization Software Optimal Sourcing Network Optimization Software Logistics 140