95% of FMCG retailers say inventory optimisation is top priority for 2021

Manufacturing & Logistics IT

Symphony RetailAI, the provider of integrated AI-enabled marketing, merchandising and supply chain solutions for FMCG retailers and manufacturers, has announced findings from its Category Planning & Assortment Optimisation Executive Survey, conducted in partnership with Incisiv.

Retail success post-COVID will rely on understanding new customer mindsets, says Conversity

Manufacturing & Logistics IT

Retail technology company Conversity believes that understanding the intricacies of these new mindsets is vital if brands are to thrive in the post-pandemic world Six months after COVID-19 started making its mark across the world, lockdown restrictions and widespread working from home offices have caused many consumers to rethink their shopping habits.

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Retailers must optimise their pricing strategies for affordability during the golden quarter, says Oxylabs

Manufacturing & Logistics IT

Recent figures from the CBI has revealed ‘retail sales fell at its fastest pace in four months in October’ as people reined in spending in the face of more coronavirus restrictions

Lacklustre training leaves retail staff underprepared to perform during the pandemic, research from Axonify reveals

Manufacturing & Logistics IT

A lack of training has left frontline retail associates underprepared to perform during the pandemic, research from the latest report from Axonify, a modern training and communication solution for frontline associates, has revealed

Perfect Your Back-to-School Strategy with End-to-End Ocean Visibility

Speaker: Mark Delaney and Steve Dowse

In this webinar, we discuss key challenges in product availability, ways to create agility in your supply chain operations despite ocean disruptions, and how end-to-end ocean visibility can mitigate key retail concerns this back-to-school season and beyond.

Trends 2022: Retail

Enterra Insights

These were supposed to be dire days for retail. The so-called retail apocalypse witnessed a record number of store closings over the past few years and the pandemic exacerbated the situation. Not surprisingly, both retailers and consumers adapted to these new realities.

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2022 Retail Buyer Report

Zipline Logistics

Methodology: Zipline Logistics included 900+ retail buyers in our research efforts. . Lastly, stir in retail buyers and compliance programs until fully combined. The greatest opportunity to capture and expand retail shelf space in CPG history. . 2022 Retail Buyer Insights .

Weather Permitting: How to Use Weather Data in Retail Forecasting

ToolsGroup

Retail is detail. And there is a lot of ‘detail’ for retailers to manage and factor into the business every day. Despite knowing all this, too many retailers ignore the impact of weather and this adds error to plans and demand forecasts. How Weather Influences Retail Demand.

What is Lean Retail (+ Why Retailers Must Embrace It)

ToolsGroup

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. What is Lean Retail?

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Retailers Embrace Gig Economy Fulfillment

Logistics Viewpoints

The gig economy and its on-demand armies of drivers have moved people and food for years, but many retailers still hesitate to tap into Uber, Postmates and other companies to quickly move orders from stores to local customers’ doorsteps. Gig economy fulfillment setting retailers apart.

Retail 149

Critical Challenges in Fresh Grocery and Supermarket Supply Chains

Grocery supply chains must have end-to-end visibility to meet demands for fresh products. This report explains the challenges facing supermarket supply chains, visibility’s role in keeping shelves stocked, and current solutions for retailers to consider.

Retail After Covid, Part 1: Retail Is Recovering

Enterra Insights

While it is too soon to declare victory over the Covid-19 pandemic, brick-and-mortar retail is seeing signs of renewed vigor. ” To take advantage of shoppers returning to stores, retailers need to do more than simply open their doors. Brick-and-Mortar Retail is Recovering.

Retail 130

Artificial Intelligence is Going Mainstream in the Retail Sector

Enterra Insights

In the years leading up to the Covid-19 pandemic, the most discussed topic in the retail sector was the Retail Apocalypse. A combination of the rise of e-commerce, overbuilding of stores, and too much debt-load resulted in thousands of physical retail locations going out of business.

Retail 158

The Changing Face of Retail

Enterra Insights

And the retail sector has certainly been changing, transforming, and evolving over the past few years. Most retailers now understand the importance of have a strong omnichannel strategy. 5] Tripathy suggests retailers reexamine and be open to new ideas in five areas.

Retail 130

The Top 15 Retail Trends for 2022

ToolsGroup

The wonderful world of retail. 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.

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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. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

ToolsGroup Acquires Mi9 Retail’s Demand Management Business

ToolsGroup

Mi9 Retail’s Demand Management business was formerly known as JustEnough Software. Combined company gives retailers a powerful new technology arsenal to efficiently improve product availability under constrained supply and outperform the competition.

Covid-19 Retail: Cash, Product, and People

Logility

The retail industry, like many others, has been upended by Covid-19. The focus for all fashion retailers is inventory. Below we will examine inventory + a new retail outlook for 2020. This retailer stands to lose -$98M or about -20% of their total revenue for the year.

Retail 223

Retailers Could Start Holiday Sales Before Halloween

Enterra Insights

For years now, retailers have been advancing the date for Christmas holiday sales. ”[1] And many consumers realize their gift selection could be limited to items currently found on store shelves or currently available in online retailer inventory.

Retail 130

Retail After Covid, Part 2: How Retail Is Changing

Enterra Insights

For many retailers, the pandemic has been a nightmare. In Part 1 of this article, I discussed signs that the brick-and-mortar retail sector is recovering. In part 2 of this three-part article, I discuss what some experts are saying about how the retail sector must change in the post-pandemic world — the so-called “new normal.” ” Not only will retailers have to reevaluate their operations, they will have to reacquaint themselves with their customers.

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Market Insights Report: Top Trends for 2022 Planning and Beyond

The freight report you need for insights into where the industry is headed and how to stay resilient in 2022.

Cognitive Technologies in the Retail Space

Enterra Insights

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. As explained below, cognitive computing can do much more for retailers than simply monitor social media.

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Logility Recognized in Retail CIO Radar 2022

Logility

In making this selection , Retail Today’s editorial team has analyzed a variety of Retail solutions in 16 categories—assessing nearly 7,000 applicants and nominees. “Retail CIO Radar 2022 helps CIOs and Retail business leaders to stay on top of the latest innovations.

NRF 2022: 4 Big Session Themes from Retail’s Big Show

ToolsGroup

In a bold move which bore resemblance to the fighting spirit of the retail industry as a whole these past two years, the National Retail Federation (NRF) Big Show 2022 went ahead as planned in New York City despite rising COVID cases and reduced attendance.

Retailers turn toward private fleets

Cathy Roberson

While there has been some easement, retailers are taking control of parts of their supply chains to control costs and strengthen networks. Supply chains have encountered delivery delays, capacity constraints, and volatile rates since the COVID pandemic began in 2020.

Emerging Trends That Will Move Commerce in 2022

Experts predict emerging trends in Supply Chain, eCommerce, and Customer Experience that will determine winners in commerce in 2022.

Retail Warehouse Automation Is Finally Top-Priority

GlobalTranz

Omnichannel retail is the new “Gold Standard” for the industry. The post Retail Warehouse Automation Is Finally Top-Priority appeared first on Transportation Management Company | Cerasis. Technology Warehouse Retail Warehouse AutomationOn the surface, an omnichannel approach gives consumers the ability to blend their online and physical experience into one. For supply chains, the impact of omnichannel is more significant.

The Retail Supply Chain Revolution

Logistics Viewpoints

There is a revolution in retail supply chains. The post The Retail Supply Chain Revolution appeared first on Logistics Viewpoints. Retail Amazon retail supply chainThe rapid growth in ecommerce is driving technological innovation and experimentation at an uprecedented rate.

Retail Category Management

SupplyPike

How do retailers manage their categories? Walmart and other retailers spend a great deal of money on hiring category managers whose job it is to manage products and their categories. retailer and supplier). Retail category management is a continual process.

Understanding retail through the Gen Z Filter

IT Supply Chain

The post Understanding retail through the Gen Z Filter appeared first on IT Supply Chain. By Alex MacPherson (pictured). Director of Solution Consultancy & Account Management, Manhattan Associates. Industry Talk

How to Evolve Your Supply Chain with SAP IBP

While supply chain organizations strive to adapt to new modalities, tools like SAP IBP are helping leading businesses realize next-generation capabilities.

Loftware & Brother Webinar: How To Maintain Labeling Accuracy and Optimize Retail Supply Chains

Loftware

The COVID-19 pandemic has accelerated the need for retail organizations to optimize their supply chains and embrace an omnichannel approach. Retail Labeling Standardization Barcode Labeling

Trends 2021: Retail

Enterra Insights

Everyone knows the retail sector has experienced some tough going over the past couple of years. According to Susan Reda ( @Susan_Reda ), Vice President for Education Strategy at the National Retail Federation, “The U.S. can expect the long tail impact of the COVID-19 pandemic to be felt in the retail industry for months to come.”[1] Retail trends in 2021. ” Andrew Cox ( @andrewcox40 ), a Senior Retail and Market Analyst, agrees with Reda.

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The future of digital retail is here

The Supply Chain Journal

Retailers have never had this much on their plates. During and even before the COVID-19 pandemic, retailers have been forced to digitize. Read: Can retailers’ marketing efforts reach the right consumer 90% of the time? SASE helps retailers lighten the load.

The Future Of Retail: Technologies Enabling Q-Commerce Growth

Logistics Viewpoints

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% It is now possible for Q-commerce companies or retailers to use this model.

The New Normal: Predictions for Retail in 2021

ToolsGroup

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.