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?

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?

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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.

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.

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?

Retail supply chain management and the rise of fast fashion

Kinaxis

However, when it comes to the efficiency of today’s retail supply chain management techniques, controversy is replaced by admiration as international clothiers boast operations efficient enough to accurately anticipate demand in one of the world’s most rapidly changing industries.

Retail 245

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

eBook 48

Sourcing Offices: a shift of paradigm

KEPLER Consulting

Over last decade, sourcing offices became a major piece within globalized footprint of western retailers. 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 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.

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

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

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.

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.

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? Walmart launched a pilot program with IBM to record sourcing and supply chain data on the blockchain.

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.

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.

Retail 100

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

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

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.

Retail 247

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 […].

5 Strategies for Retailers to Combat the Coronavirus Impact

Vinculum

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. Listed below are some of the key strategies that retailers must plan on leveraging, now.

Fashion Retailers Could Be Left Paying the Price If They Don’t Take Advantage of AI

Supply Chain Nation

Setting the right price has always been a complex question for fashion retailers. On the one hand, a high price will risk losing customers – according to McKinsey , customers will not return to a retailer if prices are more than 30% higher than competitors.

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].

Retail 100

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.

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.

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.

Preparing for the Retail Holiday Season during the Pandemic

Enterra Insights

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.” These retailers had been investing in ways to win back customers. ” Fashion retailers are also suffering.

Retail 100

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.

India 78

Welcome to 2019: 5 Retail Trends You Need to Know Now

JDA software

It’s a new year and retail is moving faster—finally we’re seeing retailers looking in the right direction—up. So, take five, grab a cup of coffee and read on for my predictions of what the end of a decade in retail has in store. What are your retail predictions for 2019?

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”). However delivering a seamless customer experience is a challenge for most retailers. Retail SaaS Supply Chain Management Supply Chain Planning cloud retail

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.

Retail sustainability during the holidays

SupplyShift

retailers are proclaiming 2019 as the “apocalypse”—nearly 9,500 stores have closed their doors this year. But brick and mortar retailers may find a reprieve from the negative rhetoric this holiday season. Some retailers even play a role in sustainability education.

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.

An Introduction to Blockchain for Retailers

Repl Group

And what does it mean in practical terms for retailers? The Blockchain Opportunity for Retailers. This is all very interesting, but what does blockchain signify for retailers? In fact, Walmart are already using it to track down contaminated food sources to ensure customer safety.