Transportation Sourcing in an Omni-channel World

Talking Logistics

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. But what are some of the unintended consequences retailers are experiencing by jumping in without a plan?

What Happens to Retail in Fall 2020?

Logility

As retail companies enter the traditional “back-to-school” selling season, we must acknowledge there is nothing traditional about BTS 2020. The team that carries a significant portion of this workload is the product development / sourcing team.

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Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming the supply chain and logistics processes of retailers, especially their transportation processes. But many retailers are jumping in without a plan — that is, they are taking a short-term, siloed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. What are some of the unintended consequences retailers are experiencing by jumping in without a plan?

How Sourcing has Reemerged in a Covid-19 World

Jaggaer

For the first three months after Covid-19 hit, virtually every sourcing project , in every sector , was put on hold while companies tried to assess the situation and how best to deal with the epidemic. Only a few, notably grocery stores, food chains, essential retail ers , and healthcare, were in a position to push forward. Get the white paper on Sourcing Strategies: Why One Size Does Not Fit All , written by Michael Lamoureux of Spend Matters. COVID-19 Sourcing

Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

The Network Effect

Source: “Target CIO Adds Custom Apps…” CIO.com. “The in-sourcing and custom development is a painstaking process, but one McNamara says is necessary before the retailer can begin analyzing its supply chain for sales and customer trends and better allocate resources across the enterprise. Source: “Target CIO Adds Custom Apps…” CIO.com. The post Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time. Here are the top five reasons you need a transportation sourcing solution: 1. Freight sourcing is as unique and complex as the transportation industry itself.

Digital Sourcing in the New Retail Economy

Supply Chain 24/7

This ebook reveals the findings of a survey of 250 retailers focusing on the state of global sourcing and supply chain management, it reveals how retailers still have a long way to go to better streamline communication and simplify their operations

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Responsible sourcing and palm oil – a #ProvenanceLive recap

Provenance

Aim to source 100% certified RSPO (Roundtable on Sustainable Palm Oil). Sourcing palm oil responsibly and sustainably is nuanced and can be complex. So, I think it’s important brands and retailers communicate that complexity rather than shying away from it.”.

Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption

Gravity Supply Chain

Sourcing: Mitigate risk during periods of supply chain disruption, such as those caused by the Coronavirus outbreak, by using digital technology. . The post Sourcing – What You Need To Know About Coronavirus Supply Chain Disruption appeared first on Gravity Supply Chain.

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. Sourcing Consultant. Introduction.

Is Supply Chain “The” Source of Greater Economic Stability?

Logistics Viewpoints

I thought about the transition from “push” processes to greater use of demand pull in replenishment; how retailers are sharing downstream POS data with their suppliers to develop a more efficient supply network; how multi-echelon inventory optimization […]. On Saturday I engaged in a rare weekend activity for myself – I actually thought about supply chain.

Locus Robotics at Retail Supply Chain Virtual

Locus Robotics

``We will define lasting change in the retail revolution.``. Join us at the Retail Supply Chain Virtual conference, August 20-21 2020, for this year’s most important retail logistics topics regarding the New Normal for e-commerce supply chains.

Global Sourcing and Improving Supply Chain Visibility

Supply Chain 24/7

When comparing today's retail environment with the past, it isn't surprising that the industry remains focused on improving visibility in the supply chain (again

Locus Robotics at Retail Supply Chain Virtual

Locus Robotics

``We will define lasting change in the retail revolution.``. Join us at the Retail Supply Chain Virtual conference, August 20-21 2020, for this year’s most important retail logistics topics regarding the New Normal for e-commerce supply chains.

Retail market insights

o9 Solutions

Market & Consumer Insights Clustering and market Segmentation Size & Share by Segment Consumer Intelligence Competitive Intelligence Store Intelligence Key Risk & Opportunity Insights Tell us your most challenging retail use cases and experience it on o9’s platform Request a demo that will highlight the capabilities that matter to you First Name * Last Name * Email * Phone number Name This field is for validation purposes and should be left unchanged.

Supply Chain Retail Planning

o9 Solutions

Demand Forecasting & Supply Chain Planning E-commerce, micro-consumer segments and other market trends are pushing retail supply chains operating on old platforms and spreadsheets to the limits. o9 Solutions April 14, 2020 Retail Planning Solutions Integrated Merchandise Planning Digital age solutions that add amazing visibility, speed and intelligence to your product innovation related decision making processes. Retail Planning Solutions

The Future of Retail Technology

Repl Group

Retail history is littered with has-been megastars. Keeping your ear to the ground and staying on the front foot of retail technology is key to survival. We share our views on the future of retail tech. How Changing Consumer Expectations Have Altered Retail. Rewind to 1850 and local shops and markets were the only retail option providing essential goods to people who lived nearby. As mass market retail took hold, shopping options expanded.

COVID-19: Implications on inventory planning, sourcing and procurement

EFT

However, there has been a “50%” rise “in food and beverage essentials” for the retail giant, which has meant a huge reorientation in purchasing and demand planning. We need to look at alternative sources of procurement, of production, alternative factories, alternative countries. As demand rides a rollercoaster in the last few months, huge adjustments have been asked from businesses in every corner of the world and sector.

Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. After a first era of development and opportunity catch up particularly positive and characterized by consistent purchasing gains , most of these Sourcing Offices are now searching for their second breath. Back to the origins, the Sourcing Offices have been developed by retailers for two main reasons: #1 Gather demands coming from various entities within a same group.

Is Ethical and Visible Sourcing Within Reach?

Supply Chain Brain Podcast

Are manufacturers, retailers and brands serious about providing sourcing visibility to ensure ethical supply chains? And are consumers willing to pay for it

Modernizing the Retail Supply Chain

Enterra Insights

When most people think about the retail sector, they think about front-end selling. Without the back-end supply chain, however, retailers would have nothing to sell. Manufacturers would supply retailers, who would then resell the goods to consumers — therefore dealing with complaints or queries from the end consumer. 2] He writes, “Without a doubt, the biggest ongoing trend changing supply chain management is the retail convenience revolution.

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Bad Retail is Dead — Long Live Retail

Enterra Insights

Brick-and-mortar retailers continue to declare bankruptcy at an alarming rate. Ben Unglesbee ( @Ben_RetailDive ) and Cara Salpini ( @CaraSalpini ) bluntly write, “Last year was a dismal one for certain retailers. Those ‘certain’ retailers include ones with a lot of debt, that depend on malls and whose business is especially susceptible to the explosion of Amazon online and off-price sellers in the physical world. Bad retail is dead.”[2].

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Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model

Cerasis

An omnichannel retail strategy is the new norm in today’s supply chains. Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive.

The Internet of Things and the Retail Industry

C3 Solutions

This article is part of our Retail Program. Designed specifically to support global leaders by aiding in creating a strategic plan to help them win the retail game. You can't talk retail without mentioning the 800-pound gorilla, so here's where Amazon rears its head once more as a retail disruptor. The online retailer is moving into bricks-and-mortar stores with its Amazon Go self-checkout concept, and has plans to open 3,000 of the small footprint outlets by 2021.

When it Comes to ‘Logistics & Sourcing’ at RILA Supply Chain the World is Your Oyster!

Supply Chain Network

One of the things I most look forward to when attending the RILA Supply Chain conference is all of the great retail global logistics & supply chain professionals and information to be found assembled all in one place. In less than a week in Phoenix, this year’s RILA Supply Chain conference will of course once again be no exception with a strong Logistics & Sourcing track including four sessions.

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. For more on Raghu and how to contact him with questions, sources etc. There has been a sea change in the Indian Retail landscape over the past ten years.

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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 But, he says, with the right strategic plan, a retailer can make the jump to stage 3 supply chain planning, and greater profitability, in just 12-18 months. In this stage, retailers hire demand planners to create more accurate forecasts by using point-of-sale data and online transaction history.

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Sorting out Risk in FinTech Source Chains

NC State SCRC

But emerging technology is now beginning to create new ways to think about sourcing risk, which in the past has been a very manual, encumbered process. This has caused banks to look at the flow of activities in the “source chain”, which refers to the way that third parties use bank data for different opreations. Today, this end to end sourcing process has literally hundreds of different steps in the process. Let’s examine the source chain in more detail.

Blockchain for Responsible Sourcing – Where Does It Fit?

SupplyShift

Does the vast potential of this promising technology mean that companies of all sizes and stages should be rebuilding their responsible sourcing systems from the ground up to include it? Or is blockchain still an experiment relegated mainly to the process of tracking products from the source through known supply chains, without much to offer companies looking to comprehensively evaluate environmental and social risks within the supply chain?

Why “Distributed Order Management” is a top retail trend and why you should care

The Network Effect

Today I want to talk about an important concept in retail–Distributed Order Management (“DOM”). The best way to achieve this is to provide a single, global view of all inventory available in order to intelligently source the line item components of that order, ensuring that the business can meet both current and future customer demand while optimizing inventory, logistics, and asset utilization.

Amazon supply chain management pushes retail to the limit

Kinaxis

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. Failure to innovate in the retail supply chain arena is already having negative financial repercussions for brick and mortar stores, especially when it comes to apparel.

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Retail Shipping Perfection is a Costly Reality

Zipline Logistics

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.

How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

In my last blog , I talked about how consumer demands for a larger and more immediate selection of products are forcing retail businesses to become supply chain professionals. You don’t have to be a retail supply chain expert. Using technology for retail capacity building. Conventional retailers’ supply chains often lack the distribution center (DC) network needed to handle modern consumer demands for speed and convenience.

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How Retailers Can Use Supply Chain Technology to Get Ahead

CH Robinson Transportfolio

In my last blog , I talked about how consumer demands for a larger and more immediate selection of products are forcing retail businesses to become supply chain professionals. You don’t have to be a retail supply chain expert. Using technology for retail capacity building. Conventional retailers’ supply chains often lack the distribution center (DC) network needed to handle modern consumer demands for speed and convenience.

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Bangladesh Catastrophes Drive Ethical Sourcing Initiatives

Logistics Viewpoints

Sourcing to low cost destinations is not a new development and Bangladesh has been a favored destination of apparel brands and retailers. This incident, and three others during 2013-14, challenged the sourcing strategies of large […]. Procurement/Sourcing Sustainability Rana Plaza Sustainable sourcingBut incidents like Rana Plaza disaster (an eight-story factory collapsed, killing over 1,000 workers) brought to light non-existent safety measures.