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

Logistics Viewpoints

OCTOBER 7, 2022

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. For those unaware of the term, shrink is an accounting term used to describe when a store has fewer items in stock than in its recorded book inventory. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

Logistics Network Optimization Software 184

Logistics Network Optimization Software Real Estate New York Logistics 184

Logility

OCTOBER 29, 2021

Process manufacturing companies — such as those in the packaging, specialty chemicals, and rolled and woven goods sectors — are dealing with overcapacity as well as price pressures and continuing supply chain uncertainties. Here are solutions to the top challenges facing process manufacturers according to a recent, comprehensive survey: 1.

Manufacturing Procurement 130

Manufacturing Procurement Forecasting Supply Chain Planning Software Forecasting Software 130

Enterra Insights

NOVEMBER 26, 2021

trillion stimulus package, restrictions starting to be lifted, shops opening, and the possibility of children returning to school and employees going to work, you can almost smell the money burning a hole in people’s pockets.”[1] Although the rise in e-commerce sales is predicted to be less this year, COVID-19 concerns will still play a role.

Survey 130

Survey Supply and Demand Supply Chain Planning Procurement Analytics 130

Enterra Insights

JULY 9, 2021

For example, Michael Browne ( @mbtravel ), Executive Editor of Supermarket News , reports, “Panic-driven, stock-up shopping drove massive grocery store visit growth in the first few weeks of March 2020.”[1] notes, “It’s the most cost-effective to have the customer pick their own goods.”[7] percentage points).

Procurement Analytics 130

Procurement Analytics Purchasing Skills Price Reduction Food 130

Enterra Insights

APRIL 13, 2023

Although the economy has proved remarkably resilient, there are so many unknowns at play that no one can predict what future economic conditions might be. Having said that, few if any economists are predicting a bright, short-term future. She explains, “There are signs that shoppers may be running out of gas. .”[2]

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

ToolsGroup

OCTOBER 3, 2022

For example, according to a recent PwC survey, acquiring and maintaining talent is one of the top two risks for business executives. 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.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

GlobalTranz

APRIL 6, 2021

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Overall, U.S.

Supply Chain Planning Software 189

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Supply Chain 189

ToolsGroup

SEPTEMBER 20, 2022

Using this data, advanced predictive models can estimate when failures are likely to occur and recommend appropriate timelines to perform corrective measures, allowing manufacturers to organize their production schedules based on predicted equipment availability metrics. Optimize spare part inventories.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

Unleashed

AUGUST 3, 2021

pet owners survey ,?35% purchase in bulk, hoarding quantities?of Dogs ate well during the pandemic, which boosted sales for manufacturers Business Wire predicts that the Australian?pet?food?market?will?grow New Zealand industry sources report that pet food suppliers sold? certain packaging materials. In the latest?

Manufacturing Procurement 98

Manufacturing Procurement Food Inventory Management Software Manufacturing 98

Ware2Go

APRIL 5, 2022

Last mile carrier tracking shows the status and often location of a package from the moment the shipping information is sent to the carrier. Some carriers provide updates as a package moves from one sortation center to the next, and some show the real-time location of the package on a map when it’s out for delivery.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Supply Chain Network Software Modeling Software Purchasing Skills 98

Unleashed

FEBRUARY 21, 2024

It covers every aspect of dealing with customer returns, including policy management, reverse logistics, customer service, returned goods inventory management , and developing strategies to reduce return rates. In most cases, this means creating a return shipping label in your system and sending it to the customer to attach to their package.

Inventory Management Software 52

Inventory Management Software Inventory Reduction Cost Reduction Strategies Material Savings 52

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 Predictive Analytics Software Pricing Training Purchasing Skills 130

Enterra Insights

JANUARY 14, 2020

In addition, it solves critical challenges in final mile strategies, reduces costs associated with inventory management, and more.”[2] ”[2] The Parcel Pending staff goes into more detail concerning BOPIS benefits, which include: Reduced last mile shipping costs. ” Integrated Inventory Management.

Inventory Reduction 100

Inventory Reduction Omnichannel Cost Reduction Strategies Expense Reduction 100

QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market. The International Labor Organization reports that 27.6

Procurement Solutions 92

Procurement Solutions Supply Chain Planning Software Supplier Management Modeling Software 92

Ware2Go

APRIL 11, 2023

Many argue that eCommerce is actually more sustainable than the traditional brick-and-mortar shopping model due to efficiencies in fulfillment and logistics. Packaging- especially plastics- are creating an environmental emergency of their own. However, the environmental impact of final mile delivery can’t be overlooked.

Examples 52

Examples Sustainability Purchasing Skills Retail 52

ShipBob

DECEMBER 20, 2021

Think about your most recent purchase. This sequence of events involves many moving parts, including purchasing, packaging, shipping, and transporting materials to distributors to sell to the end customer. Inventory management. Surveys show that one of the top reasons businesses fail is a lack of funding or cash flow.

Logistics Network Optimization Software 97

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

Unleashed

AUGUST 18, 2021

Reverse logistics is the process of goods returning to their point of origin – back from the purchaser to the manufacturer or supplier. Read more: The 10 inventory management trends to watch for in 2022 Reverse logistics is another name for a backwards supply chain What steps make up the reverse logistics process?

Reverse Logistics 98

Reverse Logistics Logistics Network Optimization Software Supply Chain Planning Software Material Savings 98

Ware2Go

APRIL 20, 2022

Many argue that ecommerce is actually more sustainable than the traditional brick-and-mortar shopping model due to efficiencies in fulfillment and logistics. Small parcel deliveries also significantly increase packaging waste. However, the environmental impact of final mile delivery can’t be overlooked.

Sustainability 59

Sustainability Purchasing Skills Hawaii Procurement Analytics 59

Enterra Insights

NOVEMBER 27, 2020

Journalist Melissa Repko ( @melissa_repko ) reports, “As the holiday season approaches, the Centers for Disease Control and Prevention is adding a common annual tradition to its higher risk category: Shopping at crowded stores. The importance of the digital path to purchase. Touchless Black Friday. ”[5].

Philadelphia 100

Philadelphia Procurement Analytics New York Purchasing Skills 100

Cognira

DECEMBER 20, 2022

According to a study conducted by Cone Communications: 87% of customers are confessing that they will purchase a product because a company advocated for an issue they cared about. 76% of customers will refuse to purchase a company’s products or services upon learning it supported an issue contrary to their beliefs. Product Packaging.

Waste Reduction 52

Waste Reduction Inventory Reduction Expense Reduction Material Savings 52

Ware2Go

NOVEMBER 6, 2021

If you think it’s time to start offering international shipping, take a look at your site analytics to see which countries are bringing the most international traffic to your site and look at your competitors to see which countries they offer international shipping to. A large part of moving into new markets is research.

Shipping 52

Shipping Procurement Analytics Purchasing Skills Supply Chain Planning Software 52

Enterra Insights

NOVEMBER 15, 2021

”[3] He adds: “ Analyzing the customer lifecycle allows you to better prepare your marketing, sales, and customer service teams to turn one-time purchasers into loyal promoters. Meanwhile, manufacturers have been passing along higher costs to the end consumer, who appears to be taking note and shifting their shopping behavior.”

Purchasing Skills 130

Purchasing Skills Supply Chain Design Software Procurement Solutions Price Reduction 130

Cathy Roberson

AUGUST 1, 2022

This collaboration helps carriers plan capacity needs, temporary seasonal labor requirements, third-party transportation purchases, and more down to the zip code level. As a result, many retailers are sitting on excess inventory. Moreover, 24% of retailers report that customers’ average order size increased by five items or more.

Inventory Reduction 96

Inventory Reduction Forecasting Cost Reduction Strategies Forecasting Software 96

Enterra Insights

JANUARY 31, 2023

The Future of Online Grocery Shopping Applebaum reports, “The trajectory of grocery e-commerce sales over the past two years is marked by several peaks and valleys, many of which were driven by factors directly related to the pandemic (vaccination rates, the delta and omicron surges, etc.). Gender Differences. Increased Automation.

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

Unleashed

NOVEMBER 15, 2021

Mass customisation is also known as: Made-to-order Built-to-order Increasingly popular in the retail goods sector – but also used in the automotive, software and finance sectors – mass customisation allows customers to purchase a product that is more ‘them’. Consumer electronics is one of the major sectors driving this push.

Inventory Management Software 98

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

ShipBob

JUNE 8, 2022

of respondents in a survey expressed that they would want to be notified if their package was held up. This could be related to missing customs information, incomplete label details, unclear packaging preferences, etc. In such cases, the customer should reach out to the online retailer to report the same. can be expected.

Company 52

Company Inventory Management Software Forecasting Software Supply Chain Planning Software 52

Vinculum

JULY 18, 2022

According to a report, mobile commerce will grow to 42.9% As per the Baymard Institution report, 17% of the consumers drive hard to get rid of the carts. Some of the transaction methods for the digital purchasing are mentioned below: Bank transfers. of the total e-commerce business by 2024. Flexible Payment options. Debit cards.

Trends 52

Trends Modeling Software Optimization Software Optimal Sourcing 52

Logistics Bureau

JANUARY 7, 2020

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Pioneered the use of vendor-managed inventory.

Inventory Reduction 101

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 101

Requis

OCTOBER 10, 2019

Consumers follow emotional impulses to purchase a fun t-shirt or a cool gadget. Procurement managers are under a great deal of pressure to find what’s needed, and find it quickly and accurately. Procurement managers are under a great deal of pressure to find what’s needed, and find it quickly and accurately.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Supply Chain Design Software Buyer Training 40

Requis

OCTOBER 10, 2019

Consumers follow emotional impulses to purchase a fun t-shirt or a cool gadget. Procurement managers are under a great deal of pressure to find what’s needed, and find it quickly and accurately. Procurement managers are under a great deal of pressure to find what’s needed, and find it quickly and accurately.

Purchasing Skills 40

Purchasing Skills Negotiate Pricing Supply Chain Design Software Buyer Training 40

GlobalTranz

NOVEMBER 10, 2015

For these companies, the use of a dedicated transportation management system, such as Cerasis™ Rater , can be deployed to lower transportation costs across the entire supply chain. However, costs can be further reduced through the use of a warehouse management system (WMS). Implementation Costs.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Optimization Software Inventory Reduction 120

Intelligent Audit

SEPTEMBER 12, 2022

According to reporting from Supply Chain Dive , “ Routes covered by Patton make up less than 0.5% According to reporting from CNN Business , “ 350,000 Teamsters work at UPS as drivers and package sorters out of a global workforce of 534,000 permanent employees. million packages daily.

Pharmaceutical 52

Pharmaceutical Negotiating Skills Purchasing Skills Logistics Network Optimization Software 52

Unleashed

FEBRUARY 15, 2021

A trend survey released late last year identified that six out of 10 consumers are interested in knowing about their food’s origin. Key trends in the vitamin and supplement industry: 2021 report. Sustainable food packaging is still a priority for customers. Current trends in food packaging. Meat alternatives.

Food 93

Food Trends Industrial Industry 93

Enterra Insights

FEBRUARY 26, 2020

packaged goods manufacturer and retail business), wrote, “Depending on what you read, we’re either at a tipping point, on the verge of a meltdown or facing the retail apocalypse. .” ” A follow-on survey by Valassis, indicated millennials are particularly attracted to digital coupons.

Predictive Analytics Software 100

Predictive Analytics Software Food Inventory Reduction Real-time Visibility 100

Ware2Go

OCTOBER 21, 2021

65% of merchants in a recent survey reported an increase in ecommerce cart conversions of up to 25% when they offered a 1-2-day delivery promise. For example, a package sent 2,000 miles through USPS from Seattle to Tulsa would be Zone 8. But the same package sent only 107 miles from Oklahoma City to Tulsa would be Zone 2.

Cost Reduction Strategies 52

Cost Reduction Strategies Expense Reduction Inventory Reduction Resource Reduction 52

Unleashed

FEBRUARY 21, 2022

There’s also an increased expectation that demand can be anticipated by the use of data analytics, artificial intelligence, and tracking of customer trends. According to this Deloitte report, transportation challenges are likely to continue through 2022 , and new strategies will need to be adopted to lessen the impact.

Manufacturing Procurement 98

Manufacturing Procurement Supply Chain Design Software Supply Chain Software Supply Chain Planning Software 98