Logistics Viewpoints

JUNE 1, 2023

Retailers know firsthand how quickly the market can change. 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. The retailers feel the impacts of the recession fast and deeply.

Supply Chain Planning Software 193

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 193

Enterra Insights

DECEMBER 19, 2023

The retail sector continues to endure tectonic shifts as business landscapes and consumer behaviors change. First, there was the so-called “retail apocalypse,” then came the pandemic, which was followed by inventory challenges, inflation, and an economic slowdown. Inventory Management.

Optimal Sourcing 130

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Optimization Software 130

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. In the complex world of supply and demand, inventory optimization ensures a perfect balance between having too much and not enough stock.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

Enterra Insights

JUNE 21, 2022

Inflation is starting to impact the retail sector in significant ways. Some experts believe artificial intelligence (AI) capabilities will help retailers find their way through these volatile times. ”[1] According to Kestenbaum, some retailers don’t understand AI’s importance to their success.

Retail 182

Retail Supply Chain Design Software Analytics Software Optimization Software 182

ToolsGroup

JULY 28, 2023

BOSTON – August 3, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been named among ten Notable Vendors included in Gartner’s Midmarket Context: Magic Quadrant for Supply Chain Planning Solutions (July 2023).

Gartner 290

Gartner Supply Chain Planning Software ToolsGroup Vendor Strategies 290

ToolsGroup

OCTOBER 3, 2022

Retail workers are at the heart of the economy, making the continued retail labor shortage a top challenge for retailers–one that appears here to stay. Get the real story on today’s retail worker shortage, as we break down: Retail Labor Shortage Statistics. The Need for Corporate Retail Talent.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

Enterra Insights

JULY 19, 2021

While it is too soon to declare victory over the Covid-19 pandemic, brick-and-mortar retail is seeing signs of renewed vigor. For clothing, for instance, 25% of purchases are done on a whim versus 16% online, says market research firm NPD Group Inc.” retail sits at the edge of a second pandemic-fueled transformation.

Retail 130

Retail Procurement Analytics Purchasing Skills Research 130

Logistics Viewpoints

DECEMBER 15, 2022

The retail industry is rich with data. Four Ways of Using Cluster Analysis in Retail. Retailers can apply cluster analysis techniques in different ways to find groups of customers, products, stores, or suppliers that behave similarly. There are different ways of doing store cluster analysis.

Optimal Sourcing 193

Optimal Sourcing Analysis Procurement Analytics Purchasing Skills 193

Enterra Insights

JANUARY 9, 2023

This is the conundrum faced by retailers as they enter the new year. Inflation, recession, and changing consumer behavior aren’t the only business environment changes confronting retailers. So what trends are going to impact the retail sector this coming year? 2023 Retail Trends. Deep Retail. ”[1].

Trends 130

Trends Retail Predictive Analytics Software Omnichannel 130

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. The issue is that capacity is not there.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

BlueYonder

SEPTEMBER 7, 2023

Having started my retail career at the age of 17, I speak from experience when I say…retail is a hard business! In my 30+ years working in retail I often said, “Retail, you’ve got to love it…especially if you are going to make a career of it.” The group said retailers on average saw a 26.5% billion from 2020.

Retail 109

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 109

BlueYonder

NOVEMBER 7, 2023

That’s a question retailers should consider when they think about artificial intelligence (AI). A new survey by Blue Yonder found that almost all retail executives feel confident in their command of AI. These findings might make you think retailers are prepared for the AI revolution. Inventory placement ( 42% ).

Retail 86

Retail Predictive Analytics Software Predictive Analytics Analytics Software 86

Logility

AUGUST 4, 2022

No doubt this brings some mirth and merriment in an otherwise bleak stretch for consumers, but it also brings a massive migraine for retailers. About 31% of grocery products consumers looked for were out of stock in the first week of April, according to Datasembly , a research firm that monitors grocery and retail pricing.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Logistics Viewpoints

DECEMBER 14, 2021

According to OECD, during the pandemic, brick-and-mortar retail services such as food services saw 7.7% drop in sales while non-store retailers (mostly E-Commerce providers) achieved 14.8% A McKinsey research from July 2020 found that during the pandemic, 75% of shoppers have switched between the brands they frequently shop from.”.

Supply Chain Planning Software 193

Supply Chain Planning Software Forecasting Software Supply Chain Design Software Optimization Software 193

ToolsGroup

OCTOBER 31, 2017

“Your inventory problem is scary because you’re selling out before you can make new items to meet demand”. That’s what Robert Herjavec from the TV show Shark Tank said to an aspiring clothing retailer after their pitch in Season 8. Many retailers agree that inventory can be scary. A recent IHL research report entitled $1.75

Inventory Reduction 195

Inventory Reduction Inventory Forecasting Expense Reduction 195

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

ToolsGroup

FEBRUARY 7, 2022

The wonderful world of retail. The Retail Trends Shaping How We Shop in 2022. 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.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Supply Chain Shaman

FEBRUARY 1, 2024

While consultants know the answers (or believe they do), I believe my goal as a research analyst is to unearth new questions that should be asked (and answered together openly in the supply chain community) to improve value. Let’s take a couple of examples: Retail Available to Promise (ATP). Contract Manufacturing Signal Latency.

Supply Chain Planning Software 330

Supply Chain Planning Software Optimal Sourcing Manufacturing Procurement Waste Reduction 330

ToolsGroup

DECEMBER 16, 2021

It has become common practice for savvy shoppers to hunt for deals all year round and to favor the retailers who offer the best deals. The Top 20 Retail Promotion Statistics. Here are the top 20 sales promotions statistics and facts retailers should all know now. Promotions influence both in-store and online purchases.

Retail 194

Retail Purchasing Skills Procurement Solutions Procurement Analytics 194

Talking Logistics

MAY 6, 2019

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

Optimal Sourcing 139

Optimal Sourcing Real-time Visibility Inventory Logistics Network Optimization Software 139

Enterra Insights

AUGUST 23, 2022

Just when brick-and-mortar retailers thought the so-called “retail apocalypse” was ending, supply chain woes and rising inflation reined in their optimism. ”[2] In other words, physical retailers can’t return to business as usual. What Does a Retail Reset Entail? ”[3]. ”[3].

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Enterra Insights

AUGUST 23, 2022

Just when brick-and-mortar retailers thought the so-called “retail apocalypse” was ending, supply chain woes and rising inflation reined in their optimism. ”[2] In other words, physical retailers can’t return to business as usual. What Does a Retail Reset Entail? ”[3]. ”[3].

Retail 130

Retail Supply Chain Planning Software Predictive Analytics Software Price Reduction 130

Logility

APRIL 20, 2016

We recently wrote a white paper called The Agile Retailer. In it, we examined how allocation practices are changing, especially for fashion retailers. Further, they are designing dynamic supply chain practices that hold lower inventories while serving those distinct new markets and customers. Each move increases costs.

Agile and Lean Supply Chain 100

Agile and Lean Supply Chain Research Price Reduction Inventory Reduction 100

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

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

QAD

MARCH 30, 2023

Manufacturers may not think they have much in common with the retail companies beyond producing the products that stock store shelves, but there could be a lot to learn from the latter as the manufacturing headwinds of the last few years carry into 2023. and bring inventory accuracy up to an impressive 99.9%. What is RFID Technology?

Manufacturing Procurement 92

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 92

ToolsGroup

MAY 17, 2016

For multi-channel retailers, it’s getting increasingly difficult to survive in “the Amazon jungle”. As Amazon invests relentlessly to boost its agility and drop its costs, retailers are also looking for ways to raise their game. Industry analysts have pointed out an obvious fit with inventory optimization. Here’s why.

Optimization Software 180

Optimization Software Omnichannel Inventory Reduction Supply Chain Optimization 180

SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The digital retail revolution can help in this area by digitizing all processes of receipt and tracking of goods. This, in turn, leads to increased sales and customer loyalty.

Supply Chain Planning Software 74

Supply Chain Planning Software Supply Chain Software Supply Chain Network Software Demand Planning Software 74

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

Supply Chain Shaman

DECEMBER 7, 2023

Here I share some insights from my research. Interestingly, in Q3 2023, 38% of manufacturers, distributors and retailers missed their target for revenue guidance for the quarter. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience.

Supply Chain Design Software 303

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 303

Supply Chain Opz

OCTOBER 29, 2013

Many people think a supply chain research is boring and it is the ivory tower that they don''t need to climb. This article will show you why a research is relevant to you and how to study without damaging your brain! Background What is a research? Not Everything is Equal So let''s talk about the types of researches a bit.

Research 227

Research Agile and Lean Supply Chain Supply Chain Software Vendor Strategies 227

Logistics Viewpoints

JUNE 16, 2022

According to a survey by Gatepoint Research, 40% of retailers are focusing on this as one of their 2022 priorities. And according to the 2022 Bringg Barometer: State of Retail Delivery & Fulfillment, 99% of retailers are aiming to offer this service within three years. Step One: Right Inventory in the Right Location.

Forecasting 279

Forecasting Inventory Reduction Retail Survey 279

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

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 90

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 90

Cathy Roberson

MAY 10, 2022

While there has been some easement, retailers are taking control of parts of their supply chains to control costs and strengthen networks. In-housing logistics services Other retailers have made similar in-housing moves – most notably AEO, which acquired AirTerra and Quiet Logistics in 2021. "As

Retail 109

Retail Material Savings Network Optimization Modeling 109

ToolsGroup

DECEMBER 5, 2023

This is a way we can conduct research with some of the most brilliant scientists and researchers around the world, as well as help prepare future business leaders for today’s increasingly competitive and customer-centric markets. Should they focus on revenues, margins, or the sell-through of older inventory?

Case Study 156

Case Study Supply Chain Planning Software Optimization Software Research 156

BlueYonder

JANUARY 5, 2023

We are very excited to announce that Blue Yonder has been recognized for the first time as a Representative Vendor in the latest Gartner ® Market Guide for Retail Distributed Order Management Systems. The acceleration of omni-channel commerce in the past few years has put significant pressure on retailers to transform how they do business.

Gartner 75

Gartner Supply Chain Design Software Supply Chain Network Software Modeling Software 75