Remove Inventory Remove Metrics Remove Omnichannel Remove Sourcing
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What Are Retail KPIs? The Most Important Retail Metrics in 2023

ShipBob

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. By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.

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Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Let’s look at the three megatrends shaping supply chain innovation in 2022 and beyond – resilience, through technical capability and consistency; optimisation of the omnichannel experience; and sustainability with a focus on Scope 3 emissions. Optimise the omnichannel experience. Risk planning and technology utilisation.

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Understanding Supply Chain Management

SupplyPike

These activities can involve storage and transport of inventory or supplies, monitoring of day-to-day activities, the preparation behind these processes, and blending these different components throughout the supply chain. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain. Inventory Map.

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Optimize Your Freight Spend Without Negotiation

Talking Logistics

We do strategic carrier sourcing and contract negotiation, but it isn’t always time to renegotiate your contracts. The Impact of Omnichannel. I asked Michael about the impact omnichannel fulfillment is having on transportation strategies. So, what can you do outside that cycle?”. Data-driven Optimization.

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OMS vs ERP: What’s the Difference?

Unleashed

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.

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What to Look for in Your Retail Supply Chain Planning Software

ThroughPut

This in turn has led to the emergence of omnichannel sales, which means that there are many more channels to maintain and leverage as retailers look to improve customer experience. At the same time, however, they also need to do this at the lowest possible cost so that they can conserve and grow their margins across all channels.