ToolsGroup

FEBRUARY 7, 2021

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. What do you predict will be different for retailers in 2021? Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. A global chemical manufacturer recently had to replace ships that transported bulk materials to ports. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104

Unleashed

FEBRUARY 29, 2024

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. Retail software automates critical business processes in a way that traditional systems cannot. What is retail software?

Prescriptive Analytics Software 52

Prescriptive Analytics Software Inventory Management Software Analytics Software Supply Chain Planning Software 52

GlobalTranz

SEPTEMBER 15, 2017

If you are a product manufacturer, you know all too well the perils of shipping products from your factory or warehouse to a DC or retailer. Packaging and product damage during shipping is extremely common. Unfortunately, some retailers reject entire loads of merchandise if they see some packaging damage on more than one pallet.

Material Savings 201

Material Savings Cost Reduction Strategies Resource Reduction Shipping 201

The Logistics of Logistics

JUNE 23, 2022

10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Original Article: 10 Reasons the Retail Industry Should Invest in a Last-Mile Delivery Solution. Finding last-mile retail delivery solutions continues to be a priority for managers. WRITTEN BY CELINE CLAYTON / POSTED ON MAY 19, 2022.

Logistics Network Optimization Software 100

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Unleashed

OCTOBER 4, 2023

Some of the main steps involved in the order fulfilment process include: Inventory management Picking and packing Tracking and communication Shipping and delivery Customer service Returns management Fulfilment costs can represent up to 30% of an eCommerce company’s total operating expenses. It also ensures that resources are used efficiently.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Resource Reduction Cost Reduction Strategies 52

SCMDOJO

DECEMBER 28, 2023

In the era of the Digital Retail Revolution, adaptive supply chain management is imperative amid the surge in online retail and the social commerce boom. The digital retail revolution can help in this area by digitizing all processes of receipt and tracking of goods. This, in turn, leads to increased sales and customer loyalty.

Supply Chain Planning Software 75

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Talking Logistics

APRIL 29, 2015

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes.

Sourcing Strategies 100

Sourcing Strategies Sourcing Transportation Cost Reduction Strategies 100

Vinculum

APRIL 21, 2020

Staying indoors and adopting social distancing strategies are some of the precautionary measures to prohibit the outbreak. The eCommerce, retail and fashion industry seem to get asignificant hit. Retailers, large and small are experiencing falling footfall across their brick-and-mortar and digital presence.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Supply Chain Strategy 52

Zipline Logistics

DECEMBER 2, 2019

But in the world of retail transportation, very few shippers have the ability to be flexible with their deliveries. However, as the retail industry evolves and changes to meet the demands for the modern consumer, that is exactly what retailers look for from their suppliers. What Does that Mean for Your Retail Shipping Efforts?

Negotiating Skills 52

Negotiating Skills Cost Reduction Strategies Shipping Retail 52

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. Based on earnings transcripts, here’s how retailers are ensuring they get their inventories in time for the holiday season.

Inventory Reduction 92

Inventory Reduction Inventory Sourcing Strategies Retail 92

Enterra Insights

MAY 31, 2019

Steve Osburn ( @skosbu ), Managing Director at Kurt Salmon — a part of Accenture Strategy specializing in Supply Chain, observes, “E-commerce customers in the U.S. A recent study from Accenture Strategy found that 62 percent of U.S. consumers expect orders, with free shipping, to arrive within three days.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 100

Supply Chain Matters

JULY 25, 2022

As the calendar now moves to the second half of 2022, it is important to focus on rapidly changing developments including a marked escalation in geopolitical tensions that impact global supply chain strategies. Restoring More Direct Control in Materials Sourcing. For those businesses located in the U.S.,

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

ShipBob

AUGUST 3, 2021

In this article, you will learn the importance of supply chain agility, what it means to be agile, plus strategies and best practices you can incorporate into your supply chain. Customers expect fast, consistent, and reliable shipping. How to Choose a 3PL for Your Ecommerce Business. Meets market demands. Warehousing and storage fees

Agile and Lean Supply Chain 119

Agile and Lean Supply Chain Sourcing Strategies Inventory Reduction Material Savings 119

Logistics Viewpoints

JUNE 20, 2022

Mr. Bailey has worked most of his career at VF – as an industrial engineer in facilities, in strategic sourcing, running offshore operations, and now as the person in charge of the company’s entire supply chain. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year.

Agile and Lean Supply Chain 212

Agile and Lean Supply Chain Supply Chain Planning Software Manufacturing Procurement Supply Chain Software 212

EC Sourcing Group

DECEMBER 1, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Logistics Viewpoints

JUNE 30, 2022

Last year, retailers started encouraging holiday shoppers to shop early. You might be thinking, “Well, but what about growing retail inventories? The retail inventory to sales ratios have trended up in the recent past, with these ratios standing at 1.18 Retailers are already cutting orders in anticipation of reduced demand.

Supply Chain Planning Software 217

Supply Chain Planning Software Supply Chain Design Software Modeling Supply Chain Software 217

AIMMS

MARCH 8, 2016

It’s no mystery that some of the world’s largest retail chains are struggling to survive. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy. Key trends shaping today’s retail supply chain.

Price Reduction 156

Price Reduction Cost Reduction Strategies Inventory Reduction Sourcing Strategies 156

EC Sourcing Group

SEPTEMBER 2, 2021

Demystifying Transportation Sourcing. If you are like me, transportation sourcing is a mind boggling and complex field. This article is about creating value in transportation sourcing. This article is about creating value in transportation sourcing. Applying sound sourcing principles will enable you to unlock value.

Optimal Sourcing 52

Optimal Sourcing Manufacturing Procurement Sourcing Strategies Sourcing 52

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62

ShipBob

APRIL 20, 2022

For instance, omnichannel retail would require a strategic decision about the sales channels you plan to utilize and how to combine them seamlessly. One of the most important considerations is the business model–whether you plan on general B2C ecommerce retail or go the B2B ecommerce route and get into wholesaling. What is retail?

Retail 52

Retail Sourcing Strategies Purchasing Skills Price Reduction 52

ShipBob

MARCH 2, 2023

The type of retail experience speaks volumes about the quality of your products and how much you value your customers. So, how exactly do you create an exceptional retail experience? This article discusses what it takes to create a great retail experience for your customers, plus some unique examples from renowned brands.

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

GlobalTranz

DECEMBER 22, 2020

That trend also plays into an extended peak shipping season and ongoing tightened capacity in all modes. Many furniture manufacturers reported lengthy delays for build-to-order pieces due to reduced workforces and difficulties in sourcing fabrics and components. Home baking was another trend that tightened capacity.

Forecasting 156

Forecasting Forecasting Software Freight Inventory Reduction 156

ShipBob

FEBRUARY 3, 2023

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52

Amware Logistics and Fulfillment

JULY 27, 2021

Capacity shortages among parcel carrier companies have escalated concerns among eCommerce and omnichannel retailers. That’s why a parcel shipping strategy that relies predominantly on one preferred provider could be risky. These businesses rely heavily on FedEx, UPS, USPS, DHL, and various regional carriers to deliver goods.

Sourcing Strategies 118

Sourcing Strategies Capacity Shipping Strategy 118

Logistics Viewpoints

APRIL 7, 2022

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Some may have believed themselves to be immune at one point, but now their perspective is shifting.

Supply Chain Design Software 240

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Enterra Insights

MAY 20, 2020

Normally, by this time of year, retailers are well into their planning for the end-of-year holiday season. As Shea notes, “Between disruptions to manufacturing and supply chains and shifts in consumer behavior and purchase decisions, the retail industry will continue to be hit on both the supply and demand sides.”

Retail 100

Retail Purchasing Skills Price Reduction Scenario Planning 100

ShipBob

SEPTEMBER 29, 2021

These are all forms of retail logistics. From managing inventory flow to ensuring that customers receive shipments on time, retail logistics streamlines the different stages of your ecommerce supply chain to keep your business running smoothly. What are retail logistics? COVID’s impact on retail logistics.

Optimal Sourcing 52

Optimal Sourcing Logistics Network Optimization Software Optimization Software Inventory Management Software 52

AIMMS

MARCH 8, 2016

It’s no mystery that some of the world’s largest retail chains are struggling to survive. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy. Key trends shaping today’s retail supply chain.

Optimal Sourcing 120

Optimal Sourcing Sourcing Strategies Price Reduction Cost Reduction Strategies 120

Intelligent Audit

JULY 27, 2021

Peak Season Inventory Management and Fulfillment Strategies to Keep in Mind. In addition, these delays have added significant transportation and warehousing costs for retailers.” Embrace tools for marketing and selling to a digital market to make shipping and tracking easier. Contact Intelligent Audit today to get started.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

o9 Solutions

AUGUST 12, 2021

In the meantime, customer preferences and shopping behavior keep changing, impacting the entire retail supply chain industry. A digital transformation of supply chain processes is key in maintaining margins and service amidst these changes so that retailers can quickly analyze, optimize, and evaluate complex decisions before taking action.

Modeling 52

Modeling Price Reduction Inventory Reduction Resource Reduction 52

Logistics Bureau

MAY 3, 2021

The COVID-19 pandemic has brought about a decade of changes to the retail world in just a year and a half or so. Few retailers can hope to grow, or even survive today, without the ability to sell through ecommerce channels. So how have retailers fared in the online and traditional sales environments during all this turmoil?

Supply Chain Planning Software 59

Supply Chain Planning Software Retail Supply Chain Strategy Inventory Reduction 59

Supply Chain Matters

MARCH 11, 2024

Background Many students and practitioners of supply chain management are quite familiar with Spain based fashion clothing retailer Zara and its corporate parent Inditex. Many supply chain management case study curriculums include the notions of how this retail chain pioneered what is today termed “ fast fashion.”

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Supply Chain Design Software Agile and Lean Supply Chain 52

Supply Chain Matters

OCTOBER 1, 2022

Supply Chain Matters highlights an added admission, this time from a shipping industry senior executive, indicating that the period of windfall profits among global shipping players is coming to an end. . We neglected to mention another observation that came from the CFO of influential global container shipping conglomerate Maersk.

Shipping 52

Shipping Optimal Sourcing Logistics Network Optimization Software Supply Chain Optimization 52

Intelligent Audit

SEPTEMBER 1, 2021

During peak season following some parcel shipping best practices will be the best solution for avoiding potential frustrations that usually accompany this time of year. Start by looking at peak season survival tips and considering the possibility of utilizing a 75-day peak season strategy. Reduce Stress by Leveraging Zone-Skipping.

Shipping 52

Shipping Price Reduction Inventory Reduction Cost Reduction Strategies 52

ShipBob

JULY 30, 2021

Once the order is placed, it is picked, packed and shipped. This is one example of omnichannel retail in action. A powerful omnichannel retail strategy allows your customers to move through multiple channels, engage with your brand, and eventually make a purchase. . What is omnichannel retail? Download the Guide.

Omnichannel 52

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Zipline Logistics

MAY 18, 2021

For shippers working with retailers to bring their healthcare products to market, logistics has emerged as a reliable source of competitive differentiation. Working with a retail expert 3PL on a strategic level can improve logistics performance, offer more supply chain visibility, and boost profitability. .

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Retail 52