SanDisk’s Story of Customer Segmentation Strategies Using Inventory Postponement

Supply Chain Shaman

When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy?

E-Commerce Shipping Strategy Challenges to Consider for Perfect Implementation

Cerasis

The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. Determine e-commerce shipping costs and pricing models.

4 Ways to Optimize Your Shipping Network Strategy

Cerasis

One such area that offers the greatest opportunity is shipping network optimization. The question is, how can a company optimize its shipping network? Optimal shipping networks are not “one size fits all.” ” Depending on industry, an optimal shipping network might include the ability to reach all states in two days, while for other industries they might be a pure margins game.

Executing Customer-Centric Supply Chain Strategies

Supply Chain Shaman

About twice a month, companies ask me to review their strategy documents. Frequently, I see the goal of “build a customer-centric strategy” or define an “end-to-end vision to deliver on the customer promise.” The Customer-Centric Supply Chain Strategy needs both.).

Key Questions for a Successful Distribution Network

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

As we plan for the world of eCommerce and the customer expectation of quick, free shipping, our ability to forecast is turned on its head. This webinar will cover: Strategies for making high-level decisions about your network design and inventory distribution.

How to Successfully Integrate an E-Commerce Shipping Plan Into Your Traditional Shipping Practices

Cerasis

E-commerce value will exceed $4 trillion by 2025, and demand for e-commerce requires seamless integration between traditional shipping practices and an e-commerce shipping plan. Its global nature makes conventional shipping strategies inefficient and utterly unworkable.

The 9 Key Considerations of an Effective Last Mile Logistics Strategy

Cerasis

Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Any effective strategy must begin with effective planning. Leverage the Right Technology as Part of Your Strategy.

What Your Inventory Can Tell You About Your Promotional Strategies

Cognira

Below are some thoughts about promotions from the POV of an Inventory Manager. Inventory Managers can see that there is no turning back time on the discount clock. Why do Inventory Managers care? Free shipping on orders over $50. $20 This impacts our stocking strategies.

What is Inventory Carrying Cost?

EMERGE App

And we pick the most cost effective means of shipping. But while the newly arrived goods sit in your warehouse, did you know that there are also costs associated with keeping inventory? They are collectively called inventory carrying costs because they need to be paid to hold inventory.

Shipping Less-Than-Truckload Freight in E-Commerce: Shipping Online Is More Than Just Parcel Shipments

Cerasis

Those that seek to succeed in shipping online need to know a few things about why less-than-truckload may be the solution, how customers’ expectations are increasing, and what benefits less-than-truckload offers. Apply Standard Shipping and Handling Costs to Freight Quotes.

Drop Shipping: A Perfect Fit for Supply Chain Operating Networks

Talking Logistics

As reported last month by Jennifer Smith in the Wall Street Journal , “A growing number of retailers are relying on suppliers to ship online orders directly to customers, a strategy they hope will help them compete with e-commerce rivals without spending more on inventory.

5 Ways an Omnichannel Supply Chain Strategy Can Improve Customer Experience

Cerasis

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? This is the core of an effective omnichannel supply chain strategy; variety and options define customer experiences.

How to Change Your Inventory Management Strategy in the Omnichannel Era

Elementum

As recent losses by H&M and other major brands illustrate, poor inventory management can be a major cause of financial distress. There are a few solutions for the problem of inventory management in the omnichannel era. The U.S.

3 Inventory Control Techniques to Improve and Maintain Inventory Accuracy

Unleashed

Inventory accuracy is vital to an organisation’s long-term success. Profits depend on the sale of inventory stock and if you don’t know what or how much you are selling then you could be missing an opportunity to maximise sales. Having poor and inaccurate inventory control can be costly because it causes issues such as unplanned stock-outs, the shipping of wrong products to customers, wasted resources trying to locate misplaced items and inventory shrinkage.

10 Inventory Management Strategies to Transform Your Business

My Office Apps

10 Inventory Management Strategies to Transform Your Business. As balance sheet assets go, inventory is often the largest item. Getting inventory levels right is a challenge. Preventing shortages and keeping shipping costs down can also be a problem. Drop Shipping.

What Your Inventory Can Tell You About Your Promotional Strategies

Cognira

Below are some thoughts about promotions from the POV of an Inventory Manager. Inventory Managers can see that there is no turning back time on the discount clock. Why do Inventory Managers care? It’s harder to move inventory through the supply chain quickly in response to sales.

Protect Your Bottom Line With a Smart Supply Chain Design Strategy

Talking Logistics

Here is how these companies are using transportation optimization, inventory optimization and demand modeling as part of their supply chain design strategy to tackle the price factor head-on. Use Inventory Optimization to Secure the Right Inventory Mix.

E-Commerce Shipping: Why Shippers Are Mastering E-Commerce to Go Omnichannel

Cerasis

Unfortunately, shippers may overlook the biggest obstacle to omnichannel, developing effective e-commerce shipping practices. According to Stacey Rudolph of Business2Community, e-commerce shipping is complicated with an average return rate of 30 percent. Regionalize inventory.

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

Cerasis

We first did an overview of the 10 areas of strategy a shipper must know in order to stay competitive. Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. The essence of strategy is choosing what not to do. ” ― Michael E. However beautiful the strategy, you should occasionally look at the results." ― Winston Churchill. Sound strategy starts with having the right goal." ― Michael Porter.

The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

Cerasis

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story.

Best Practice Inventory Control Techniques for Online Retailers

Unleashed

Successful inventory control enables retailers to meet customer demand by avoiding stockouts and reducing the risk of overstocking to free-up cashflow. It is crucial in the world of eCommerce, for even the smallest online retailer to have effective inventory control. Following are best practice inventory control techniques to help online retailers maintain control over their stock: ABC analysis. Here’s how to make the ABC analysis work for your inventory.

Meeting the Demands of a Multichannel Pricing Strategy

Unleashed

A multichannel pricing strategy is where a business will offer their customers different prices depending on where they chose to shop. This strategy is particularly effective for clearing the warehouse of surplus inventory stock and with the real-time functionality of an online inventory management system, the sales platform will update immediately when stock has sold out. It’s one of the many great ways to get rid of surplus or slow-moving inventory stock.

Winning strategies to defeat supply chain planning complexity

Quintiq

With such a tight deadline, you can’t afford to waste time combing through lengthy reports to come up with fresh strategies that could or could not work. First, you’ll get strategies to critical planning challenges like the ones below: Managing supply chain disruptions.

Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

Cerasis

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. Controlling Inventory Flow Begins With Liquidate Nonessential Products. The first step to controlling inventory flow effectively is liquidation of all non-essential products, explains Paul Trujillo of Business2Community. This will help to prevent the reordering of slow-moving products and ensure optimum inventory levels.

Last Mile Delivery! What is your Strategy?

Supply Chain Game Changer

Check out 9 Key Considerations in an Effective Last Mile Delivery Strategy. And what is your Strategy? First and foremost your Last Mile Delivery Strategy should start with what is important to your customer. Yet we also know that Amazon’s shipping costs are 18.5%

Peak Shipping Season: A Review of Trends from the 2018 Holiday Peak Season

Cerasis

We will turn over each stone and consider how innovative technology will shape the future of shipping and logistics. So, let us reflect on the peak shipping season trends we saw at the close of 2018 and how those trends will affect the industry now and throughout 2019.

Trends 212

5 Ways SMEs Can Improve Inventory Turnover

Unleashed

To ensure your small business is operating efficiently, effectively managing inventory and meeting customers’ needs, you should aim to improve inventory turnover. Inventory turnover is the number of times a business sells and replaces inventory within a specified timeframe. The inventory turnover ratio is used to determine the effectiveness of inventory control and how long a business takes to sell its on-hand inventory stock. Inventory health.

5 Ways to Reduce Your Inventory the Right Way

EMERGE App

Here, we’ll start by covering what reducing your inventory means. Then we’ll summarise some inventory holding costs that you might not know about. Finally, we’ll cover 5 ways that you can take to sensibly reduce your inventory now. Adopt Drop Shipping.

Is A Customer-Centric Strategy the Same as Demand-Driven? Outside-In?

Supply Chain Shaman

The client leaned across the table and asked, “Is a customer-centric supply chain strategy the same as a demand-driven supply chain strategy?” Drawing from the Whiteboard: Building Customer-Centric Supply Chain Strategies. It was an early morning.

LTL to Intermodal Shipping: How to Find and Eliminate Freight Spend Black Swans

Cerasis

Shippers need to know why freight black swans are increasing, how using LTL to intermodal shipping options can reduce their incidence, and a few best practices to keep the use of intermodal from becoming a black swan itself.

Holiday Sales Demonstrated Necessity of Omnichannel Strategies

Enterra Insights

” Omnichannel strategies begin with mobile. As Halford notes, a good omnichannel strategy means your customers can access your products anytime, from anywhere, with any device. ” If you’re still not convinced about the importance of having an omnichannel strategy, Lawson observes, “According to MasterCard, customers who shop both online and off with a specific retailer buy 250% more on average. Adopt a Ship-to-Store Policy.

Optimising Inventory Management for Multichannel Businesses

Unleashed

Managing multichannel inventory requires clear and concise inventory strategies to combat the challenges associated with multi-platform sales. By increasing visibility, working with supply chains, reconciling inventory, connecting systems, and managing safety stock levels, you can improve multichannel inventory management. Visibility allows for faster order fulfilment because of the accessible data providing the nearest location of a product for shipping.

As Retailers Eye Last-Mile Strategies, They Launch BOPIS to Neutralize Costs

Veridian Solutions

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. In addition, it solves critical challenges in last-mile strategies, reduces costs associated with inventory management , and more. Shippers in need of cost reductions and better last-mile service should consider implementing a BOPIS strategy. Challenges of Today’s Last-Mile Strategies. Free shipping is a standard, not the exception.

Vendor-managed inventory and distribution planning in the food and beverage industry – here’s something to chew on

Kinaxis

Not surprisingly, each challenge requires its own focus, strategy and best practices to overcome. What is vendor-managed inventory? VMI is the process whereby a supplier or vendor manages and replenishes inventory at a customer’s location at the levels required by the customer.

Taming the Long Tail of Inventory

Logility

Now, being a supply chain person, I ask myself, just how much inventory does this company have to maintain to have a part for a 17-year old refrigerator sitting on the shelf and ready to ship? Long-tail inventory strategies concentrate on managing the B, C, D, etc.