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. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

Synovos

APRIL 2, 2024

What is MRO procurement? Understand MRO procurement and your bottom line will benefit. Here we explore why the MRO supply chain is so significant and how better management of the entire MRO purchasing process can drive valuable cost savings and efficiency gains. Why is handling MRO procurement so costly?

Optimal Sourcing 52

Optimal Sourcing Procurement Solutions Manufacturing Procurement Procurement Analytics 52

ToolsGroup

FEBRUARY 7, 2022

The wonderful world of retail. The Retail Trends Shaping How We Shop in 2022. From a digitally-transformed shopping experience to global supply chain disruptions and a pandemic that refuses to quit, there’s one thing retailers can count on: People are always going to shop. My credit card statement will also attest to this fact).

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? The State of Parcel Shipping. Cross-Border Sales.

Supply Chain Network Software 191

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 191

GlobalTranz

NOVEMBER 20, 2018

As e-commerce growth accelerates, shippers are working overtime to manage available inventory. Although e-commerce represents 10 percent of total retail sales, it has had an interesting effect. Ability to create customized reports and use analytics to improve inventory forecast accuracy. GET YOUR COPY HERE.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

Supply Chain Shaman

JANUARY 2, 2023

The Company focused primarily on retail planning and wanted to extend its capabilities into a consumer products manufacturing solutions offering. Their question was, “Why were consumer products companies not using retail data to drive demand processes?” Models Matter. ” Upon hearing these questions, I sighed.

Supply and Demand 358

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 358

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

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. ”[2] Nevertheless, she observes, “Retailers are more on edge.”

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

SCMDOJO

MARCH 8, 2024

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Logistics Viewpoints

FEBRUARY 2, 2024

Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. The retailer plans to double the number of sites in the coming years and currently operates more than 55 dedicated same-day sites across the U.S. Retailers estimate 13.7 Retailers estimate 13.7 percent, or $24.5

Cost Reduction Strategies 234

Cost Reduction Strategies Inventory Reduction Logistics Network Optimization Software Manufacturing Procurement 234

ShipBob

NOVEMBER 22, 2021

Accurate analytics can be the roadmap to your business’s success. Knowing how your business is currently performing is critical for every ecommerce retailer. That’s why ecommerce analytics are vital if you want your DTC brand to grow. What is ecommerce analytics? Analytics: The secret weapon for top ecommerce brands.

Procurement Analytics 98

Procurement Analytics Analytics Software Analytics Optimal Sourcing 98

Unleashed

APRIL 21, 2024

The first step in a standard order processing system is the verification of a customer order which often includes a check to confirm there is sufficient inventory available to fulfil the order. Once confirmed, the ordered items are picked from your inventory, sorted, packed, and shipped to the customer.

Inventory Management Software 52

Inventory Management Software Analytics Software Supply Chain Design Software Demand Planning Software 52

ThroughPut

DECEMBER 8, 2023

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Optimal Sourcing Modeling Procurement Analytics 52

Enterra Insights

OCTOBER 1, 2021

For years now, retailers have been advancing the date for Christmas holiday sales. As anchor-woman Ashley Thompson ( @AshleyCBS46 ) reports, “A supply chain crisis is forcing shoppers to buy their holiday gifts earlier than usual.”[1] For decades, holiday sales began after Thanksgiving on Black Friday.

Retail 130

Retail Procurement Analytics Agile and Lean Supply Chain Demand Planning Software 130

GlobalTranz

MAY 2, 2017

Manufacturers have always struggled to obtain the most accurate inventory levels possible. Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. A need for real-time inventory management has arisen, but until now, we didn't have a way to make it a reality.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

Enterra Insights

OCTOBER 3, 2022

With just over four score days to go before Christmas, retailers, marketers, supply chain professionals, and consumers are all wondering how this holiday season is going to unfold. As we all know, supply chain snarls disrupted last year’s holiday shopping season — with some inventory arriving well after the holidays ended.

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

Cognira

NOVEMBER 28, 2023

Retailers guide to win holiday promotions November 28, 2023 Promotions Home As the holiday season approaches, retailers take preparatory measurements and tailor their holiday promotions for the most action-packed time of the year. With spending anticipated to hit $1.56

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Unleashed

JANUARY 4, 2024

Where you buy your products from and how you find those suppliers largely determines your ceiling for success as an eCommerce merchant or retailer. Product sourcing is the process of finding reliable suppliers and purchasing inventory from them with the intention of reselling to customers. Where can you source products from?

Purchasing Skills 52

Purchasing Skills Manufacturing Procurement Optimal Sourcing Sourcing Strategies 52

Unleashed

JUNE 8, 2023

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

Procurement Solutions 52

Procurement Solutions Sourcing Strategies Vendor Strategies Material Savings 52

Supply Chain Shaman

SEPTEMBER 22, 2021

As Allyson presented her story of working for multiple consumer products companies, with very advanced technologies (demand sensing, advanced automation of forecasting, data lakes and descriptive analytics), she spoke of why at the end of the day, the most important technology that she uses is Excel. Using Analytics In the World of Gray.

Optimal Sourcing 217

Optimal Sourcing Analytics Software Procurement Analytics Supply Chain Planning Software 217

Unleashed

AUGUST 29, 2023

Inventory management software helps businesses keep track of stock and be more efficient in their daily operations. It automates tedious manual tasks that can be prone to human error, improving the accuracy of a company’s recorded inventory levels and reducing inventory carrying costs.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Forecasting Software Supply Chain Design Software 52

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

Logistics Viewpoints

OCTOBER 2, 2023

The company’s customers report that the ETAs provided by these FourKites are more accurate, timely and easier to access than those provided by carriers. And at last week’s FourKites Visibility user conference, the tech pioneer reported investment in a different form of artificial intelligence, Generative AI.

Real-time Visibility 219

Real-time Visibility Supply Chain Visibility Inventory Reduction Agile and Lean Supply Chain 219

Enterra Insights

JUNE 1, 2021

Although every economic sector undergoes constant change, the retail sector has probably seen more changes in a shorter period of time than most other sectors. With all of the changes in the retail environment and the continued shift away from conventional technologies, cognitive computing in retail is becoming increasingly important.”[1]

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Planning Software Analytics Software Supply Chain Software 130

ShipBob

JUNE 18, 2023

If you start out a quarter with more inventory than when you started the previous quarter, is it a good thing or a bad thing? Or, it’s an indication that you have more inventory than you can sell. If you start out with less inventory than the period prior, it could mean you sold a lot of your stock — congratulations!

Inventory 98

Inventory Purchasing Skills Manufacturing Procurement How To 98

Unleashed

SEPTEMBER 3, 2023

If you’re buying or selling goods, you need to know what a purchase order is and how it works. Purchase orders enable easy and safe trading between suppliers and their customers – and provide traceability as ordered items pass through the supply chain. In this purchase order guide: What is a purchase order?

Procurement Solutions 52

Procurement Solutions Purchasing Skills Manufacturing Procurement Procurement Analytics 52

ThroughPut

FEBRUARY 2, 2024

is advanced supply chain analytics. Advanced supply chain analytics is turning the current uncertainty into strategic foresight. In this blog, we’ll delve deeper into the potential of advanced supply chain analytics and understand why it is the need of the hour.

Prescriptive Analytics Software 52

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

Enterra Insights

DECEMBER 4, 2019

Traditionally the holiday shopping season has been a make-or-break time for retailers. 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.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

ShipBob

FEBRUARY 8, 2021

Even if the product is temporarily out of stock, it will take much longer to fulfill and ship. 34% of businesses ship orders late due to items being out of stock at time of purchase. Poor inventory management can significantly impact customer loyalty and the overall brand experience. . What is inventory replenishment?

Inventory Reduction 98

Inventory Reduction Inventory Management Software Cost Reduction Strategies Inventory 98

Ware2Go

MARCH 25, 2022

Learn how to build a 2-day ground shipping network that meets customer expectations without hurting your bottom line. It’s no secret that fast shipping is a growing consumer expectation — and thanks to the Amazon effect, consumers are defining “fast” as 1-2 days. Why Most SMBs Don’t Offer 2-Day Shipping.

Shipping 140

Shipping Supply Chain Network Software How To Warehousing 140

Unleashed

JANUARY 31, 2023

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. What is in-transit inventory? In-transit inventory is products that have been shipped by the seller but have yet to reach the customer. Who owns in-transit inventory?

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

Supply Chain Matters

AUGUST 22, 2022

In this Supply Chain Matters industry specific commentary, we make the observation that retail industry sales and operations planning and demand support teams, given the current state of recent business financial performance, need to up their game in supply network inventory management agility and added responsiveness. .

Inventory Management Software 52

Inventory Management Software Agile and Lean Supply Chain Inventory Management Inventory Reduction 52

Unleashed

DECEMBER 21, 2023

Without the right inventory management solutions in place, it’s almost impossible to maintain optimal stock levels, minimise costs, and improve overall efficiency – all of which are essential to ongoing business success. In this guide: What are inventory management solutions?

Inventory Reduction 52

Inventory Reduction Inventory Management Software Vendor Strategies Cost Reduction Strategies 52

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

BlueYonder

AUGUST 17, 2023

It’s always been challenging for retailers to put the right product in the right location at the right time. What’s the real cost of inaccurate inventory management? trillion loss for the world’s retailers in 2023 alone. trillion loss for the world’s retailers in 2023 alone.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Optimal Sourcing Purchasing Skills 52

Enterra Insights

NOVEMBER 26, 2019

Not surprisingly, companies that employ advanced analytics to improve decision making and execution have the results to show for it.”. One of the new tools available to decision makers is predictive analytics. Leveraging predictive analytics is as close as business leaders will come to having a crystal ball.

Predictive Analytics 100

Predictive Analytics Predictive Analytics Software Analytics Software Procurement Analytics 100