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Why Retail Promotions Fail: You Forgot to Set the Right Goals for Retail Discounts

ToolsGroup

In the bustling world of retail, promotions are often the heartbeat of market strategy, vital for drawing in customers, boosting sales and elevating brand presence. Now, in this latest chapter, we turn our attention to a critical yet often overlooked aspect of retail promotions: setting, and targeting, the right goals.

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Wholesale Planning Simplified for Retailers

ToolsGroup

Wholesale channels are no longer a backup channel for retailers. Smart retailers are planning their wholesale channels just as strategically as they leverage storefronts and e-commerce. Optimize inventory productivity across all channels with JustEnough v2023.4 In our latest release, JE 2023.4,

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Understanding the Profitability of Omnichannel Retail is a Problem

Logistics Viewpoints

As ecommerce grew at double digit rates, while in store sales grew at less than the rate of inflation, retailers were looking for a way to turn their stores into a competitive weapon. These new order fulfillment paths allowed retailers to rapidly grow sales. First, the rules used to enable an OOM system can be staggeringly complex.

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Omnichannel Retailers Leverage Optimization for Order-Promising

Logistics Viewpoints

This meant that retailers were not maximizing their profitability. The problem with the rules that retailers use for omnichannel fulfillment is that they leave money on the table. Machine Learning and Accurate Promising Retailers don’t want to over-promise and under-deliver. That is changing. But there is a cost to this.

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Hot Off the Grill: Optimizing Summer Supply Chains for Seasonal Staples

Speaker: Glenn Koepke and Steve Rotter

This webinar – coming to you from Glenn’s own backyard – discusses the importance of supply chain visibility for seasonal shipping, new product promotions, and holiday ramping in the F&B and retail industries while providing sizzling secrets to creating the juiciest meats for your barbecue.

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Retail Returns: The Key to Driving Business Growth

ToolsGroup

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.

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ToolsGroup Launches PromoAI, a Revolutionary New Retail Promotions Optimization Solution 

ToolsGroup

This solution allows retailers to maximize the sales lift created by promotions while minimizing margin sacrificed to do so. With the PromoAI solution, retailers can instantly simulate the impact of multiple promotional strategies at once to choose the best outcome for their business priorities. Read more HERE.

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Critical Challenges in Fresh Grocery and Supermarket Supply Chains

However, even in 2022, retailers and supermarkets continue to be challenged by visibility gaps. It’s clear more than ever that grocery supply chain management is the heart and soul of the future of grocery retail. All food retailers face tough choices today as the economy continues to emerge from the global pandemic.

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Linnworks State of Commerce Ops Report

The newly released State of Commerce Ops Report by Linnworks presents a unique viewpoint, spotlighting consumers' shifting priorities and the operational challenges faced by retailers in 2024.

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Market Insights Report: Top Trends for 2022 Planning and Beyond

Persisting consumer demand, steep retailer prices, and the driver shortage continue to make headlines every day. It’s no secret that supply-chain bottlenecks have tightened throughout the pandemic. However, the data reveals a deeper story.

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027.

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How to Evolve Your Supply Chain with SAP IBP

Based on experience partnering with leading consumer products, retail, and life sciences companies, Clarkston Consulting has created this eBook to help businesses understand and realize the potential of SAP IBP within their own business. Download this eBook to learn: What is SAP IBP?

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Automated Order Processing and Proactive Inventory Management

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

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align.

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Emerging Trends That Will Move Commerce in 2022

What’s driving the shift away from ‘one-stop-shop’ marketplaces (and how specialty retailers should respond). We’ve compiled the predictions into a guide: Commerce Trends in 2022. In this guide, you’ll get insights into: When and how supply chain woes could ease up. The B2C and B2B eCommerce trends that we expect to accelerate.