How digitalization ensures survival in physical retail

Quintiq

Experts say that every second physical retailer is expected to shut down within the next 15 years. It’s no surprise then that customer expectations have risen steadily, and with them, the complexity of the retail sector. Customer loyalty is the decisive factor for physical retailers.

Retail 181

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

Many retailers consider competing against Amazon their biggest challenge. While the impact of Amazon is real, it is only a thread in the larger retail competition tapestry. Here are three things that retailers can do to align strategy and execution.

Retail 215

Why Mastering E-Commerce Shipping Strategies Will Help Retailers Avoid the “Retail Apocalypse”

Cerasis

The retail apocalypse has received plenty of attention over the past three years. 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 a sense, the retail apocalypse, which some believe is all hype and not fact, is about comparing apples to oranges. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.”

Retail 185

Video: How to Digitize the Retail Supply Chain

The Network Effect

Retailers today are in a poor position to compete against a vertically integrated and fully digitized online giants like Amazon. The post Video: How to Digitize the Retail Supply Chain appeared first on The Network Effect.

Retail 181

End to End Supply Chain Visibility - Solving The Data Problem

Retailers and manufacturers. of that journey is the port, when actually, for the retailer, it's their distr ibution center. that has long plagued retailers, manufacturers and 3PLs-- leveraging a. 1DIGITAL TRANSFORMATION, END-TO-END VISIBILITY, AND. THE "DATA PROBLEM".

Fixing Grocery Retail’s $10 Billion Problem

The Network Effect

million retail DC appointments on One Network’s Real Time Value Network, it became clear… the. The post Fixing Grocery Retail’s $10 Billion Problem appeared first on The Network Effect. Digital Supply Chain Supply Chain Control Towers The Network Effect control towers grocery on-time in-full OTIF retailAfter analyzing data for 1.75

Retail 109

Fixing the Retail Supply Chain

The Network Effect

It’s common knowledge that retail is under tremendous pressure from ecommerce and changing consumer buying habits. The post Fixing the Retail Supply Chain appeared first on The Network Effect. Digital Supply Chain Retail bankruptcies digital supply chain retailBut how bad is.

Retail 100

So, what does sustainability in retail actually look like?

Quintiq

To do so, I want to explain the ‘how’ behind some of the sustainability efforts I’ve seen in the retail industry recently, and hopefully embolden other companies to engage in similar efforts. Now, let’s dig into the details of the ‘how’ behind sustainability improvements in the retail space.

5 huge retail trends you need to know

BluJay Solutions

Aussie retailers are facing steep competition as global retailers tighten their grip on the local market. BluJay’s Paul Soong discusses processes, technology and supply chain trends that are altering the retail business model.

In Modern Retail Supply Chains, Visibility Matters

Loftware

What can make the retail supply chain quick and visible? Consumer Products Retail Labeling Track & Traceability Logistics

Your Supply Chain Probably Has a Data Problem - Start There

The first challenge all shippers, including retailers, manufacturers, and 3PLs. A Blueprint For Supply Chain Transformation The Data First Approach Introduction Over the past few decades, supply chains have evolved from a sub-function.

How Digitalization Holds the Key to Retail and Consumer Goods Success

The Network Effect

The post How Digitalization Holds the Key to Retail and Consumer Goods Success appeared first on The Network Effect. Big Data Consumer Goods Digital Supply Chain Leadership and Strategy Retail Supply Chain Management Technology The Network Effect consumer goods consumer-driven Dave Allen digital networks digital supply chain retail supply chain management

Retailers’ Advantage Over Amazon

The Network Effect

Bowman at Supply Chain Brain has an interesting article on how retailers can take on Amazon, by using the one thing they have in their favor that Amazon lacks. That dependency might now be on the verge of eroding… —– Read the full article: How Retailers Can Meet the Challenge of Amazon. The post Retailers’ Advantage Over Amazon appeared first on The Network Effect. Retail amazon bricks and mortar retail strategy titansRobert J.

Retail 122

How to Move from Gartner Stage 2 to Stage 3 Retailing

ToolsGroup

Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 In this stage, retailers hire demand planners to create more accurate forecasts by using point-of-sale data and online transaction history.

Retail 208

Bad habits in retail supply chain planning

The Network Effect

” This is especially true in the world of retail supply chain planning. They are a super-progressive Canadian retailer and early adopter of Flowcasting. Retail Supply Chain Planning The Network Effect retailThe People Speak!/Flickr. Flickr.

Removing the 3 Barriers to Building a Predictive Supply Chain

final delivery, and from raw materials to retail store. INSIGHT PAPER: Toppling 2 Major Misconceptions. in Predictive Logistics ClearMetal Inc. Growing Challenges Shippers, carriers, terminal operators, freight forwarders and 3PLs spend millions of dollars and.

When Retailers Face Recalls, Visibility Matters

Loftware

The complex, high-pressure nature of recalls demands unparalleled retail visibility. Supply Chain Retail Transportation & Logistics Track & Traceability

Retail 109

Retail Internet Convergence

The Logistics of Logistics

Retail Internet Convergence is the explosive arrival and growth of mobile commerce that will have a significant impact on the way businesses are managed in the future, from revenue and logistics to the supply chain and bottom line. The Necessary Evolution of Retail Internet Convergence.

Retail 173

Seven Recent Trends in Retail Demand Forecasting and Replenishment

ToolsGroup

Most retailers are facing a shrinking operating “margin for error”. In a report entitled Market Guide for Retail Forecasting and Replenishment Solutions , Gartner analyst Mike Griswold spotlights seven recent trends in this area.

Using Data Analytics and Blockchain in Retail to Sift Through Needs Faster

Cerasis

Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Although data analytics help retailers make informed decisions, the potential of blockchain is worth considering as well.

Data 195

Retail’s Not Dead: Changing the Conversation about the Evolving Retail Experience

Supply Chain Nation

These days, it seems like almost every time a retail chain shuts underperforming stores or has a leadership change, many in the news media and industry press rush to ask the same question: Is this another sign of the “Retail Apocalypse?”. But retailers and industry experts know that this rush to print gloom-and-doom headlines often ignores other factors, such as debt and customer experience. Or is there a better name for what we’re seeing in retail today?

Is it Advantage Organized Retail in India?

Logistics Trends and Insights

Guest post by a former UPS colleague and now independent consultant with a particular specialty in India, e-commerce and retail. There has been a sea change in the Indian Retail landscape over the past ten years. India retail Retail

India 52

Us vs. Them: Retailer-Supplier Collaboration

The 21st Century Supply Chain

by Alexa Cheater A strong retailer-supplier connection can provide big benefits for retailers, suppliers, and even the end customer, but how does one go from a perfunctory partnership to a more intimate relationship that allows for things like common goal setting and joint improvement strategies?

Retail 166

Amazon supply chain management pushes retail to the limit

The 21st Century Supply Chain

When it comes to supply chain excellence, particularly in the retail sector, there is one behemoth dominating the landscape: Amazon. The online retailer’s most recent patent focuses on drone technology, and would involve drones delivering packages with parachutes.

Retail 241

Why Grocery Retailers Need to Embrace Digitization Now

The Network Effect

In InboundLogistics.com, Bernard Goor discusses the disruption about to hit grocery retailers, and how they can hold their market share. The post Why Grocery Retailers Need to Embrace Digitization Now appeared first on The Network Effect. Grocery Retail amazon digital supply chain digital transformation digitalization grocery retail

Retail 109

Retailers Expect Strong Holiday Sales

Material Handling & Logistics

The National Retail Federation announced that it expects holiday retail sales in November and December—excluding automobiles, gasoline and restaurants—to increase between 4.3% Tariffs can impact the producer, the retailer and the consumer,” he says.

Retail: Delivering on Promises

Supply Chain Link

Although inventory levels can cause many unpredictable challenges for retailers, it is also the one thing that connects them to their customers. Therefore, retailers have to be agile and. Distribution Supply Chain Transportation 3pl Cross-Border Dedicated Fleets Retail Warehousing

The Blurring Line Between Retail and Logistics

Elementum

That’s probably why some of the biggest companies in the world are moving beyond retail to establish their own logistics task forces. From Amazon to FedEx, the line between e-commerce retailer and logistics provider is blurring. Valued at over $550 billion , it’s no surprise that online retail is leading this trend. The Lines Blur: How (and Why) Retailers Are Adding Logistics to Their Service Functions. These benefits haven’t escaped online retailers.

The Future of the Omnichannel Retail Supply Chain

The Network Effect

Jim Tompkins, CEO, Tompkins International, discusses the importance of a consumer-driven supply chain in terms of the biggest threats and opportunities to retailers today. And unfortunately, retailers need to work on several of those.

Is Black Friday Already Over for Some Retailers?

Supply Chain Network

JDA’s 2015 Consumer Survey Reveals 50% Of Shoppers Who Experienced A Previous Issue With A Retailer Have No Plans To Return For Black Friday Or Cyber Monday Deals, And No Deal Will Change Their Minds. Retailers who fail to meet customer needs lose out during peak shopping seasons.

Retail 166

Retail Supply Chain Planning Best Practices from Frost & Sullivan

ToolsGroup

Frost & Sullivan has reported its best practices in technology leadership in supply chain management for the Retail and Wholesale Distribution Industry. One key component of retail SCP excellence, according to the firm, is the use of a bottom-up approach to demand forecasting.

Retail Supply Chain Resilience

Supply Chain Link

This is most apparent in the retail industry where consumers want the latest trends instantly, and to meet that demand, shippers look for opportunities to shorten lead times and better manage their overall inventory.

Part 2: Delighting Customers with Superior Retail Operations (Video)

FLEXE

In part two, find out which retailers are leading and fostering innovation in their retail operations, what functions retailers should own internally instead of outsourcing, and some of the key challenges of omnichannel retail—especially in today’s climate.

Video 36

The Fascinating World of Grocery Retail Supply Chains

Inventory and Supply Chain Optimization

I’ve always been fascinated with grocery retail supply chains. I spent 4 years working for Ahold USA, the U.S. corporate parent of the Stop & Shop and Giant-Landover chains, and… Supply Chain Management food industry grocery supply chain grocery trade

Retail 174

Retail Suppliers Pitted Against Private Equity Investors

Supply Chain Matters

This particular blog applies to the retail industry and its associated supply chains and how private equity financing practices are pitting suppliers against investors. Consumer Goods Focused Supply Chain Online Customer Fulfillment Procurement and Sourcing Retail Supply Chain Supplier Collaboration Supply Chain Risk Management supply chain insights Supply Chain Matters

Retail 140

The Blurring Line Between Retail and Logistics

Elementum

That’s probably why some of the biggest companies in the world are moving beyond retail to establish their own logistics task forces. From Amazon to FedEx, the line between e-commerce retailer and logistics provider is blurring. Valued at over $550 billion , it’s no surprise that online retail is leading this trend. The Lines Blur: How (and Why) Retailers Are Adding Logistics to Their Service Functions. These benefits haven’t escaped online retailers.