article thumbnail

Omnichannel Retailers Leverage Optimization for Order-Promising

Logistics Viewpoints

Historically, omnichannel software solutions were not capable of optimization. Omnichannel refers to the ability of a consumer to get products fulfilled to them in various ways. An omnichannel order management system helps companies meet growing customer expectations. That is changing. Rules were used to make these decisions.

article thumbnail

Why Omnichannel Supply Chain Success Depends on Inventory Optimization

GlobalTranz

All businesses want to achieve success, but omnichannel supply chain success requires a comprehensive level of oversight and control in your operation. Omnichannel orders may come from anywhere, so significant risks exist. However, inventory optimization can solve these challenges.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nespresso Optimizes Orders and Inventory with End-to-End Digital Supply Chain Planning

ToolsGroup

Nespresso’s complex coffee supply chain. It’s no simple task providing customers access to the full range of capsules and coffee machines on all sales channels, across more than 70 boutiques in Italy, while optimizing inventory levels. What drove Nespresso’s supply chain planning project?

article thumbnail

Understanding the Profitability of Omnichannel Retail is a Problem

Logistics Viewpoints

Rather than just offering consumers the choice of buying online or buying in the store, a retail omnichannel strategy involves a lot more paths to fulfill an order or to process a return. As a result of this, the market for omnichannel order management (OOM) systems grew briskly. Then came Covid.

article thumbnail

What Is an Inventory Management System & Its Role in Omnichannel Fulfillment?

GlobalTranz

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. The post What Is an Inventory Management System & Its Role in Omnichannel Fulfillment? appeared first on Transportation Management Company | Cerasis.

article thumbnail

What is Genuinely New in Supply Chain Management?

Logistics Viewpoints

In most years, there is nothing new in supply chain management. Omnichannel Retailers Leverage Optimization Historically, omnichannel software solutions were not capable of optimization. Omnichannel refers to the ability of a consumer to get products fulfilled to them in various ways. Trends last for years.

article thumbnail

Stord Expands Software Capabilities with Inventory Planning Solution for Omnichannel Brands

Stord

Inaccurate inventory planning leads to missed sales and consumer dissatisfaction from out-of-stock situations, or costly and inefficient resource allocation by overstocking inventory or not storing it strategically. Brands today need to continually ensure the right amount of product is in the right place at the right time.