GlobalTranz

SEPTEMBER 29, 2017

While this is the primary force behind omnichannel investment, modern retail supply chains are also investing for these top reasons. For Walmart, with over 10,700 stores, reports Curt Barry of MultiChannel Merchant , this demands better transparency and end-to-end visibility. Walmart Is Ramping up Investment in Omnichannel.

Supply Chain Design Software 151

Supply Chain Design Software Omnichannel Supply Chain Software Analytics Software 151

Logistics Viewpoints

JUNE 1, 2023

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. They are more likely to shop for discounts and sales and may delay purchases of some items.

Supply Chain Planning Software 277

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 277

GlobalTranz

MARCH 23, 2018

Amazon began looking into brick-and-mortar storefronts, hoping to capture a new slice of the omnichannel pie. Walmart has a different approach, and in several ways, Walmart is positioning itself to best Amazon in e-commerce through an innovative, omnichannel return strategy. Precursor 2: Walmart Scales Back Brick-and-Mortar Growth.

Price Reduction 179

Price Reduction Omnichannel Supply Chain Strategy Strategy 179

Logistics Viewpoints

JUNE 12, 2024

Autonomous supply chains can also help businesses by enabling new business models, such as direct-to-consumer, subscription-based, and circular, and creating new sources of revenue and competitive advantage. Autonomous Shipping Autonomous shipping is the use of self-driving vessels to transport goods and passengers across waterways.

Supply Chain Planning Software 317

Supply Chain Planning Software Supply Chain Software Shipping Supply Chain Optimization 317

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. 83% of consumers with a household income of over $100,000 report that returns are important.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

The Logistics & Supply Chain Management Society

APRIL 26, 2022

Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great Supply Chain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel. Brand loyalty is no longer the driver for consumer purchasing decisions.

Supply Chain Planning Software 246

Supply Chain Planning Software Supply Chain Design Software Agile and Lean Supply Chain Supply Chain Software 246

GlobalTranz

AUGUST 20, 2018

Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Defining retail needs is not an easy process, but data is king and can help companies sift through the needs and wants of customers, reports Arthur Zaczkiewicz of WWD. GET YOUR FREE WHITE PAPER.

Analytics Software 122

Analytics Software Procurement Analytics Analytics Supply Chain Design Software 122

GlobalTranz

JUNE 30, 2017

But, modern businesses have grown to encompass an omnichannel sales opportunity. In other words, manufacturers need analytics from point-of-sale systems, transportation metrics and more. Essentially, this creates a stronger level of customer service, and it can turn into additional purchases.

Manufacturing Procurement 205

Manufacturing Procurement Manufacturing Procurement Analytics Price Reduction 205

GlobalTranz

JANUARY 26, 2017

Over the last year, huge strides were made in machine-to-machine connectivity, as foreseen by our predictions, ranging from the greater use of automated identification and data capture (AIDC) and stronger resolve for more omnichannel logistics solutions. Customers Pushed For More OmniChannel Logistics Solutions, and They Got It.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Omnichannel Supply Chain Software Procurement Solutions 120

Enterra Insights

SEPTEMBER 12, 2019

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. Omnichannel logistics challenges. ”[3] Legacy staff members identify 9 top omnichannel logistics challenges businesses generally face. .”[3] They have it tough.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

GlobalTranz

SEPTEMBER 14, 2018

Omnichannel supply chains are increasing in complexity and prevalence for good reason. Omnichannel customers have a tendency to spend more than their brick-and-mortar counterparts, explains Digital Commerce 360 , making them an ideal way for retailers to stay competitive and reach more customers. Increased speed in warehouses.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

Enterra Insights

APRIL 18, 2019

Even when a consumer concludes making an in-store purchase is their best option, they are likely to have used their smartphone to search for other options or to compare prices. The digital path to purchase is becoming the norm for many consumers and both retailers and manufacturers are taking notice. Downstream omnichannel challenges.

Omnichannel 100

Omnichannel Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 100

GlobalTranz

SEPTEMBER 13, 2018

Primary Challenges in an E-Commerce Shipping Strategy Developing an e-commerce shipping strategy is about more than just considering e-commerce; e-commerce may include the omnichannel purchases in which customers use a variety of online and in-store devices and experiences to make a final decision and complete a purchase.

Price Reduction 181

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 181

GlobalTranz

MAY 2, 2017

Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. For example, consumers can purchase products online from one Walmart store and pick them up at a different location within a day or two. Retail Is Becoming More of an Omnichannel, Multi-Channel Experience.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

Enterra Insights

MAY 31, 2019

To meet changing consumer behavior, retailers are finding omnichannel strategies essential. ” Omnichannel strategies can help meet consumer demands. Myerson ( @Paul_A_Myerson ), a supply chain instructor at Monmouth University, insists omnichannel operations are the new retail reality. Adapt your operating model.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

GlobalTranz

MARCH 15, 2018

Artificial intelligence (AI) is becoming more mainstream, and machine-aided purchases, such as voice ordering thru voice assistants like Amazon’s Alexa, are beginning to permeate everyday households. The technologies powering intelligent supply chain systems demand connected systems, integral to the omnichannel supply chain.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Supply Chain Design 188

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Logistics Bureau

MAY 31, 2021

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. High Cost to Serve: It’s an Omnichannel Problem. Those expenses can increase the cost to serve by a considerable amount.

Cost Reduction Strategies 98

Cost Reduction Strategies Omnichannel Expense Reduction Inventory Reduction 98

GlobalTranz

MAY 25, 2018

The Problem: Warehouses Lacking IoT-Based Technologies Lose Opportunities The cost for internet connectivity is decreasing, but some warehouses, operating on legacy systems, are still using paper-based processes. Use web-centric services, which are consumer-centric in an omnichannel world.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

GlobalTranz

APRIL 3, 2018

Manifesting this trend is the terminology and concept of Digital Path to Purchase — the omni-channel, tech-focused approach to supporting and acting on a consumer’s purchase. Supporting an efficient digital path to purchase requires comprehensive digital collaboration. Developers can sign up for free beta testing at www.flur.ee

Supply and Demand 196

Supply and Demand Supply Chain Planning Software Supply Chain Software Optimal Sourcing 196

Logistics Viewpoints

JUNE 8, 2023

Omnichannel Fulfillment: Unlock new fulfillment options to offer customers additional flexibility and speed. Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting. Cost is an important consideration as well.

Modeling Software 278

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 278

GlobalTranz

APRIL 13, 2018

The management lies in the hands of e-commerce and omnichannel sales strategies. Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. However, the power of B2C services and sales must not be overlooked.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Supply Chain 130

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. eCommerce Purchases and “The New Normal” Retail Categories. Data source: eMarketer.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

GlobalTranz

FEBRUARY 7, 2018

Third-party logistics providers (3PLs) have been around for several years, and while 3PLs may have existing software suites, such as our very own transportation management system, the Cerasis Rater, many supply chain managers are still implementing in-house technology solutions that have severe capability limitations.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

ToolsGroup

FEBRUARY 9, 2022

While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. Shipping and Transportation Costs.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

GlobalTranz

NOVEMBER 20, 2018

As a result, brick-and-mortar retail has become more focused on digital inventory management, a building block in the road to omnichannel supply chains , than in the past. The biggest and most expansive system may not necessarily be the best system for your organization, reports Bridget McCrea of Logistics Management.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

Enterra Insights

DECEMBER 4, 2019

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. For online retailers and retailers with an omnichannel strategy, it’s probably good news.

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

GlobalTranz

JANUARY 18, 2019

Many legacy systems have been in service for up to 20 years or more, reports Roberto Michel of Modern Materials Handling, and supply chains can no longer function on these legacy systems. E-Commerce and Omnichannel Benefit From the Cloud E-commerce and omnichannel benefit from the use of a WMS that resides in the cloud.

Modeling Software 159

Modeling Software Demand Planning Software Logistics Network Optimization Software Supply Chain Software 159

BlueYonder

MARCH 11, 2025

Elsewhere, two-thirds of survey respondents report making substantial progress in implementing APS systems, showing that these tools are no longer a luxury, but a critical component of modern supply chain digitization. At first, there was a surge in essential purchases as people stockpiled necessities like toilet paper.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Modeling 78

GlobalTranz

SEPTEMBER 12, 2018

Brick-and-mortar stores that understand the invaluable role of e-commerce in relation to omnichannel supply chain success can help retailers avoid the retail apocalypse. In turn, the company takes advantage of outside resources that may not be possible within existing shipping strategies, reports Kate Patrick of Supply Chain Dive.

Resource Reduction 182

Resource Reduction Cost Reduction Strategies Price Reduction Supply Chain Strategy 182

GlobalTranz

JUNE 2, 2017

There are many benefits of EOMS to omnichannel supply chains as well, and you need to know how they could be leveraged to improve your organization’s operations. It Reduces Costs by Improving Order Accuracy. Consumers that see a product listed as out of stock are more likely to abandon their purchases for your competitors.

Supply Chain Design Software 140

Supply Chain Design Software Supply Chain Software Modeling Supply Chain Design 140

SupplyPike

MAY 14, 2020

Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

GlobalTranz

OCTOBER 20, 2017

Now includes installation, so home improvement shippers, like Home Depot and Lowes Home Improvement, must now consider eCommerce to be a venue for selling items requiring installation and assembly, reports Stuart Lauchlan of Diginomica. Leveraging Metrics, Shippers Find Better Ways to Excel at Customer Service and Last Mile Services.

Logistics Network Optimization Software 122

Logistics Network Optimization Software Logistics Procurement Analytics Cost Reduction Strategies 122

GlobalTranz

JANUARY 10, 2018

Last year, online shoppers spent more time purchasing items through online retailers than any other channel, and the 2016 holiday shopping season broke most online and mobile records. Paper-based warehousing systems are simply too inefficient to keep pace with the demands of e-commerce and an omnichannel supply chain.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 138

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” A buyer now “purchases for one business.”

Procurement Analytics 100

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 100

ToolsGroup

DECEMBER 16, 2021

Retailers face more competition than ever before due to the evolution of technology that has morphed the traditional shopping experience from being purely physical into the digital and omnichannel realm. What is an open-to-buy ? In the simplest terms, open-to-buy (OTB) is a financial budget for merchandise buyers.

Supply Chain Planning Software 156

Supply Chain Planning Software Retail Supply Chain Planning Scenario Planning 156