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. We have to fix our supply chain. ” What is clear is that retailers need to invest in omnichannel operations. That proved not to be the case.

Retail 130

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Enterra Insights

MAY 19, 2021

For years supply chain consultants have urged companies to digitize their supply chains. As supply chains have lengthened and become more complex, digitization has been viewed as a way to reduce paperwork and increase visibility. Is this true for the supply chain industry?

Supply Chain Planning Software 130

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Enterra Insights

SEPTEMBER 14, 2023

”[1] Journalist Paul Berger reports that supply chain indicators confirm this holiday season’s sales could be mediocre. Journalist Lori Ann LaRocco reports that a CNBC Supply Chain Survey found retailers expect 2023 “to be a downbeat holiday spending season.”[9]

Supply Chain Planning Software 130

Supply Chain Planning Software Procurement Analytics Predictive Analytics Software Journal 130

Kinaxis

FEBRUARY 5, 2016

This growth, combined with the impact digital commerce has on consumer behavior, has what the Wall Street Journal called “an outsize impact” on the supply chain. Increased e-commerce volumes and omnichannel strategies are putting unprecedented demands on the supply chain.

Supply Chain Design Software 100

Supply Chain Design Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 100

SCMDOJO

AUGUST 16, 2023

Among these strategies, the role of supply chain capability stands out as a key factor in driving success. A well-optimized supply chain not only ensures efficient delivery and cost-effectiveness but also provides companies with a competitive advantage in the market.

Inventory Reduction 74

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TMC

FEBRUARY 11, 2016

Total eCommerce sales in November and December 2015 are expected to be around $69 billion, a 13% increase on the previous year, reports the Wall Street Journal [1]. In response to changing consumer buying preferences, retailers have implemented multichannel or omnichannel supply chains.

Omnichannel 48

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Enterra Insights

MARCH 11, 2021

Stefan Larsson, CEO and a member of the Board of Directors of PVH Corp, told the Wall Street Journal (WSJ), “Consumers won’t go back to shopping the way they did before the pandemic. eCommerce and omnichannel operations. Lacy notes, “Another 2020 trend was retailers pivoting to omnichannel retail.” ”[5].

Procurement Solutions 130

Procurement Solutions Omnichannel Forecasting Software Predictive Analytics Software 130

Veridian Solutions

DECEMBER 3, 2018

Unfortunately, e-commerce means a higher rate of returns, but giving customers the ability to return online purchases to brick-and-mortar locations through e-commerce in-store returns is the key to unlocking greater success in the omnichannel customer experience. Why Are E-Commerce Returns Higher Than Brick-and-Mortar Sales? Buyer’s remorse.

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Stord

FEBRUARY 7, 2024

ATLANTA, February 7, 2024 — Fly By Jing , the first modern Chinese food brand that popularized chili crisp, announces its partnership with Stord , a leader in high-volume fulfillment services and technology for omnichannel mid-market and enterprise brands.

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Enterra Insights

JUNE 25, 2021

At the very least, Guffey suggests, “Pay scrupulous attention to supply chains, inbound and outbound. ” Footnotes [1] Patrick Burnson, “ Supply Chain Experts Share Analysis on New U.S. Census Bureau Report ,” Supply Chain Management Review, 17 May 2021. [2]

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Logistics Viewpoints

JANUARY 12, 2022

Last week, Clint Reiser published an article highlighting our 2022 supply chain predictions. While we have published predictions about supply chain technology trends at the beginning of the year in past years. This year we have decided to lead with our predictions about the broader supply chain function.

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GlobalTranz

SEPTEMBER 19, 2017

To understand wide-ranging benefits and key concerns inherent in last mile logistics, your organization needs to understand what constitutes last mile logistics, it’s challenges, how it impacts e-commerce and omnichannel supply chains, why it is evolving, and how new technology improves it. . What Is Last Mile Logistics? .

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The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

What are areas that are relevant to supply chains where new paradigms are possible? Covid-19 has demonstrated the power of integrated, intelligent and interactive supply chain networks. Companies can create digital supply chains and digital supply chain services, and, hence, advantage.

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Zipline Logistics

MARCH 16, 2021

As things have come into focus, more attention has been put on the supply chain. This rate has likely only increased since the outbreak of COVID-19, an event that will be remembered partly by bare store shelves and supply chain challenges throughout the country. . What Happens When a Product is Out-of-Stock? Coca-Cola Co.,

Trends 52

Trends Retail Supply Chain Optimization Supply Chain Strategy 52

Veridian Solutions

DECEMBER 3, 2018

Unfortunately, e-commerce means a higher rate of returns, but giving customers the ability to return online purchases to brick-and-mortar locations through e-commerce in-store returns is the key to unlocking greater success in the omnichannel customer experience. The need to create the best omnichannel customer experience is immense.

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Enterra Insights

MAY 25, 2022

It was also the period during which omnichannel took off, becoming a dire necessity.”[1]. As Minkow notes, omnichannel operations are now table-stakes for most retailers. Brands were forced to put into action every omnichannel initiative they’d ever even thought about.” ”[1]. ”[2]. ” Footnotes. [1]

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Enterra Insights

SEPTEMBER 29, 2020

Companies that had the foresight to embrace online (omnichannel) operations prior to the pandemic have been richly rewarded. The rush to omnichannel operations. While some manufacturers and retailers had fairly mature omnichannel operations, other companies hastened to bolster their operations. to Nestlé SA and AutoNation Inc.

Company 100

Company Manufacturing Procurement Omnichannel Procurement Analytics 100

Tompkins Blog

AUGUST 27, 2014

I recently read a July 2014 report titled “On Solid Ground: Brick-and-Mortar Is the Foundation of Omnichannel Retailing.” While there are a few points in the report that show some understanding of omnichannel, I also disagree with many of the points it presents and believe it only adds to today’s confusion surrounding omnichannel.

Omnichannel 53

Omnichannel Price Reduction Cost Reduction Strategies Purchasing Skills 53

Enterra Insights

MARCH 18, 2022

.” The jump in e-commerce, coupled with the waning retail apocalypse, indicates that omnichannel operations are at a crossroads. The Importance of Omnichannel Operations. One of the principal lessons retailers learned during the pandemic was the importance of omnichannel operations. Improving Omnichannel Operations.

Omnichannel 130

Omnichannel Expense Reduction Cost Reduction Strategies Inventory Reduction 130

Veridian Solutions

MAY 28, 2019

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. Move products closer to consumers in urban and along major transportation routes, asserts Hattie Hayes of Sourcing Journal. Think about external influencers. Optimize order frequency. Train staff properly.

Inventory Management Software 66

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Enterra Insights

MARCH 25, 2021

In other words, the future demands that retailers understand changing consumer behavior and master omnichannel operations to ensure they meet consumer expectations. 8] According to Lamar, retailers are beginning to master omnichannel operations. You buy online, you pick up in the store,” he states. 8] Ibid.

Retail 130

Retail Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 130

Cathy Roberson

JULY 10, 2021

President Biden’s July 9th Executive Order , Promoting Competition in the American Economy, created quite a stir in the supply chain community regarding the potential impact on the ocean freight and railroad markets. Supply chains are not linear.

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Enterra Insights

FEBRUARY 8, 2022

Omnichannel retail operations became an essential element of the retail sector. Supply chain snarls could affect demand. Mohamed El-Erian, President of Queens’ College at Cambridge University and chief economic advisor for Allianz, predicts continued supply chain challenges could eventually affect consumer demand.

Trends 130

Trends Retail Procurement Analytics Procurement Solutions 130

Enterra Insights

JUNE 21, 2022

Potter notes, “Knowing and predicting consumer behavior/demand across interconnected supply chains is more important than ever. Keeping track of inventory in the modern omnichannel era can be a challenge. One of the first uses of AI in the supply chain was process optimization. They are: 1. AI can help.

Retail 182

Retail Supply Chain Design Software Analytics Software Optimization Software 182

Enterra Insights

MAY 9, 2022

Ready or not, retailers were shoved into the omnichannel world thanks to pandemic lockdowns beginning early in 2020. The Omnichannel Imperative. ”[7] In the long run, retailers without an omnichannel operation are likely to suffer in comparison to their omnichannel competitors. ”[3].

Omnichannel 130

Omnichannel Retail Purchasing Skills Inventory Reduction 130

Talking Logistics

AUGUST 13, 2018

Companies across all industries are dealing with rising transportation costs and a key question many CEOs, CFOs, and supply chain executives are asking is, “What can we do to better manage and control our freight spend in today’s market?” The Impact of Omnichannel. Rising Freight Spend .

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Enterra Insights

AUGUST 31, 2023

” This means the CPG sector needs to master omnichannel operations. What Is Going On in Seven Charts ,” The Wall Street Journal, 16 August 2023. [4] Some brands have even found success through online-first launches, often supported by Gen Z consumers.” Beware of information overload. 6] Colomer, op.

Packaging 246

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AB&R

NOVEMBER 20, 2023

Additionally, RFID was also relatively new in the supply chain space. As we’ve seen over the past few years, RFID helps companies maintain a strong omnichannel fulfillment operation during several waves of disruptions. We will help chart a path to automation by incorporating RFID into your supply chain.

Manufacturing Procurement 52

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Enterra Insights

MAY 1, 2020

One thing the pandemic did highlight was the fact that having an omnichannel strategy is now the sine qua non of the retail sector. Mary Dillon, CEO of Ulta Beauty, told them having an omnichannel strategy was critical for success. The company’s supply chain strategy is “opportunistic buying.”

Price Reduction 100

Price Reduction Retail Analytics Software Forecasting Software 100

ToolsGroup

AUGUST 12, 2022

With Google reporting that omnichannel shoppers have a lifetime value that is 30% higher than those who only shop via one channel, getting your omnichannel strategy right is critical to creating a customer experience that drives profitability. . That’s where omnichannel retail trends enter the equation.

Omnichannel 156

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Enterra Insights

SEPTEMBER 7, 2021

Being present across all channels means having a digital presence and Tranquill insists, “Omnichannel analytics are indispensable for today’s care centers and marketing operations.” Advanced omnichannel analytics and deep listening software can help you track emotion on every channel your brand and customers use.

Sourcing Strategies 147

Sourcing Strategies Analytics Software Procurement Solutions Supply Chain Software 147

Talking Logistics

OCTOBER 10, 2014

The omnichannel retail chess pieces keep moving, and Amazon made a strategic move this week. According to the Wall Street Journal , the company plans to open its first brick-and-mortar store in midtown Manhattan. Mergers/Acquisitions Retail This Week in News Amazon Freight TSI Index i-parcel omnichannel Priory same-day delivery UPS'

Logistics Network Optimization Software 140

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Talking Logistics

OCTOBER 3, 2014

Moving on to omnichannel fulfillment, Manhattan Associates introduced Available to Commerce™ , which gives retailers “the power to offer specific units of inventory available for sale in the most appropriate channel (online, store, same-day delivery, etc.)

Logistics Network Optimization Software 154

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Modeling Software 154

Enterra Insights

JANUARY 21, 2022

Logjams characterized supply chain woes leading up to the holidays, which resulted in many products ending up stuck on ships or in ports waiting to be offloaded. Faced with supply chain snarls and predictions of empty store shelves, many retailers began encouraging consumers to buy early and buy what was on-hand.

Price Reduction 130

Price Reduction Inventory Reduction Expense Reduction Cost Reduction Strategies 130

Cathy Roberson

MAY 19, 2021

Busy times for all of us and in particular supply chain managers who are dealing with capacity constraints, delays, the rise of e-commerce, forecasting in this crazy environment, identifying and analyzing data, and putting the data to use in strategies. Research firm, Gartner forecast the global TMS , market to grow to $2.11

Modeling 64

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Intelligent Audit

JULY 26, 2022

While sleeping on the job is not approved of by most employers, taking a moment to step back and look at industry trends can help supply chain professionals clear their heads. of its own emissions by 2032,” according to Supply Chain Dive. Supply Chain Dive reported the new markets will include Miami; Tampa, Fla.;

Food 52

Food San Jose San Francisco Tampa 52

Supply Chain Shaman

AUGUST 14, 2016

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. Customer-Centric Supply Chain Processes. ” I smiled.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186