GlobalTranz

JULY 31, 2020

[link] An omnichannel retail strategy is the new norm in today’s supply chains. The post Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model | TALKING FREIGHT VIDEO appeared first on Transportation Management Company | Cerasis. In fact, 78% of U.S.

Omnichannel 218

Omnichannel Modeling Software Video Modeling 218

GlobalTranz

APRIL 24, 2020

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. The post As Retailers Eye Last-Mile Strategies, They Launch BOPIS to Neutralize Costs appeared first on Transportation Management Company | Cerasis.

Cost Reduction Strategies 182

Cost Reduction Strategies Supply Chain Strategy Strategy Price Mitigation Strategies 182

Logistics Viewpoints

AUGUST 25, 2021

Below are some transportation strategies for success for suppliers of TMS, TES, and MTS. Many retailers will rely heavily on parcel solutions or a transportation execution solution rather than a multimodal TMS, and other retailers will examine crowdsourcing solutions rather than a TMS. Look to the Cloud.

Price Reduction 284

Price Reduction Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 284

ToolsGroup

JANUARY 19, 2024

The curtains have closed on the National Retail Federation (NRF) 2024 Retail’s Big Show, and this year’s event has been extraordinary, with a record-breaking attendance of nearly 40,000 participants from around the globe. Inflation, another hurdle on the retail landscape, prompted a shift in focus towards long-term business growth.

Supply Chain Planning Software 156

Supply Chain Planning Software Optimal Sourcing Optimization Software Forecasting Software 156

ToolsGroup

JANUARY 15, 2024

Retailers can now quickly sense, predict, and respond to real-time changes in demand to better navigate market uncertainty to achieve maximum profitability. Retailers today need an integrated solution that is agile enough to adapt to even the smallest changes in demand.”

Inventory Reduction 177

Inventory Reduction ToolsGroup Waste Reduction Price Reduction 177

Logistics Viewpoints

MARCH 3, 2022

Logistics strategy as an enabler of new business models. The success of a company has nothing to do with its form, whether as solely online retailer, a startup or a company evolving from brick and mortar retail. A logistics strategy provides the competitive edge. Top three success factors for your logistics strategy.

Expense Reduction 307

Expense Reduction Logistics Network Optimization Software Supply Chain Design Software Supply Chain Strategy 307

GlobalTranz

SEPTEMBER 12, 2018

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. GET YOUR COPY HERE. Download White Paper.

Resource Reduction 182

Resource Reduction Cost Reduction Strategies Price Reduction Supply Chain Strategy 182

GlobalTranz

OCTOBER 5, 2018

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. Follow examples of major brands that have implemented best-in-class omnichannel retail strategies.

Modeling Software 196

Modeling Software Sourcing Strategies Cost Reduction Strategies Supply Chain Planning Software 196

ShipBob

JANUARY 15, 2024

In this guide, we’ll explore the main causes of inventory glut, innovative strategies to tackle it, and how working with a 3PL can help reduce inventory risk. In fact, according to a report , two-thirds of retailers had excess inventory during the 2023 holiday season last year. What is inventory glut? What causes inventory glut?

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

GlobalTranz

AUGUST 16, 2019

Many retailers have implemented buy online, pick up in store (BOPIS) strategies without realizing it. The post As Retailers Eye Final Mile Strategies, They Launch BOPIS to Neutralize Costs appeared first on Transportation Management Company | Cerasis.

Cost Reduction Strategies 153

Cost Reduction Strategies Supply Chain Strategy Strategy Price Mitigation Strategies 153

ToolsGroup

AUGUST 1, 2022

Retail returns occur when a customer returns the purchased items to a seller in exchange for a refund, store credit, or a similar product. Yet, in today’s omnichannel world, retail returns are key to driving business growth, thanks to their ability to enhance the customer experience, minimize losses, and preserve long-term revenue.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

IT Supply Chain

AUGUST 3, 2023

Lawrence (pictured) Content Writer The post Implement These 5 Strategies to Elevate Your Retail Business Performance appeared first on IT Supply Chain. By Dwight J.

Supply Chain Strategy 79

Supply Chain Strategy Strategy Price Mitigation Strategies Retail 79

The Logistics of Logistics

JULY 10, 2023

Christian Piller and Joe Lynch discuss painless retail returns. Christian is a co-founder and Chief Commercial Officer of Pollen, a technology platform revolutionizing the reverse supply chain for retailers with pickups from consumers’ doorsteps for less than a standard return shipping label.

Waste Reduction 158

Waste Reduction Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software 158

BlueYonder

APRIL 18, 2024

The shift to omni-channel selling has created many challenges for retailers across their order management and fulfillment operations. How are retailers addressing these challenges? To answer that question, Blue Yonder recently commissioned Gatepoint Research to conduct a survey 1 of senior retail decision-makers.

Supply Chain Planning Software 85

Supply Chain Planning Software Forecasting Software Modeling Software Demand Planning Software 85

Logistics Viewpoints

JUNE 4, 2020

This week, Logitsyx Technologies asks if retailers are ready for peak season. Peak season is always stressful for the retail industry, but the COVID-19 pandemic could create more issues than usual. Retailers can no longer rely on their usual playbooks, with planning cycles completely upended. For example, there is […].

Inventory Reduction 129

Inventory Reduction Supply Chain Strategy Retail Strategy 129

ToolsGroup

DECEMBER 11, 2023

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS).

ToolsGroup 156

ToolsGroup Price Reduction Optimization Software Modeling 156

Enterra Insights

JANUARY 9, 2023

This is the conundrum faced by retailers as they enter the new year. Inflation, recession, and changing consumer behavior aren’t the only business environment changes confronting retailers. So what trends are going to impact the retail sector this coming year? 2023 Retail Trends. Deep Retail. ”[1]. .

Trends 130

Trends Retail Predictive Analytics Software Omnichannel 130

IT Supply Chain

MARCH 22, 2023

By John Maguire (pictured) Managing Director, Narrow Aisle Limited The post Grocery & retail DCs are changing their order picking strategies appeared first on IT Supply Chain.

Supply Chain Strategy 75

Supply Chain Strategy Strategy Price Mitigation Strategies Retail 75

Enterra Insights

AUGUST 15, 2023

The past few years of turmoil in the retail sector have challenged many professionals. The so-called “retail apocalypse” was deepened by the pandemic, then came inventory overload and inflation. ” Many retailers have turned to artificial intelligence (AI) to address their fears and lessen their worries.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chain Optimization 130

ToolsGroup

APRIL 14, 2023

LONDON — April 13, 2023 — ToolsGroup , a global leader in retail and supply chain planning and optimisation software, will be introducing its latest innovations in retail planning at Retail Technology Show, the flagship event for retail, in 2023. Here you can see, feel, hear and touch the future of retail.

ToolsGroup 120

ToolsGroup Supply Chain Planning Software Supply Chain Software Forecasting Software 120

ThroughPut

JANUARY 17, 2022

Farm Fresh Demand Sensing Strategies for the Smart Food Retailer. retailers have reported poor demand forecasting accuracy. The food retail industry has witnessed a massive upheaval. Three Strategic Areas of Real Impact For the Food Retailer. Three Strategic Areas of Real Impact For the Food Retailer.

Supply and Demand 98

Supply and Demand Cost Reduction Strategies Inventory Reduction Modeling 98

ToolsGroup

DECEMBER 16, 2021

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? The impact of lean retail on supply chain management.

Agile and Lean Supply Chain 156

Agile and Lean Supply Chain Lean Retail Supply Chain Planning Software 156

TradeGecko

AUGUST 11, 2020

Globally recognised for being a successful and expansive retail giant in terms of market and financial prosperity, H&M's. Fashion isn't just all about dressing up and H&M's supply chain procedures are a testament to that.

Inventory Reduction 153

Inventory Reduction Supply Chain Strategy Retail Supply Chain 153

Logistics Viewpoints

JUNE 1, 2023

Retailers know firsthand how quickly the market can change. Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. The retailers feel the impacts of the recession fast and deeply.

Supply Chain Planning Software 192

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 192

Supply Chain Brain

MARCH 24, 2024

Sameer Anand, supply chain leader with EY-Parthenon Americas, discusses how retailers and brands are altering their sourcing strategies in response to the latest global supply chain disruption.

Supply Chain Strategy 98

Supply Chain Strategy Sourcing Strategies Retail Supply Chain 98

Enterra Insights

APRIL 13, 2023

Correspondent Melissa Repko reports that it might take some time for retailers to figure out how consumers are going to behave over the coming months. ”[2] Nevertheless, she observes, “Retailers are more on edge.” She reports, “Retailers like Best Buy, Party City, Walmart and Wayfair announced layoffs in 2022.

Retail 130

Retail Price Reduction Supply Chain Planning Software ToolsGroup 130

Enterra Insights

JUNE 6, 2023

Supply Chain Planning and Digital Twins Chap Achen , Vice President of Product Strategy & Operations at Nextuple, explains, “A digital twin allows a business decision-maker to test and validate a complete set of strategies and objectives across teams and make smart decisions that improve the customer experience and maximize profitability.”[1]

Resource Reduction 130

Resource Reduction Supply Chain Planning Software Supply Chain Design Software Supply Chain Strategy 130

SCMDOJO

MARCH 8, 2024

In this blog, we’ll explore some key inventory optimization strategies that can benefit businesses of all sizes and industries. Top 5 Inventory Optimization Strategies Explained Managing inventory efficiently is vital for any business.

Inventory Reduction 79

Inventory Reduction Optimal Sourcing Resource Reduction Cost Reduction Strategies 79

Clear Spider

JULY 11, 2023

Second-only to the winter holidays, back-to-school shopping continues to account for record amounts of spending and remains an essential category for retailers and their suppliers. As we head into the 2023 back-to-school shopping season, retailers need to be prepared to compete, once again, for the attention of their customers.

Inventory Reduction 97

Inventory Reduction Vendor Strategies Expense Reduction Price Reduction 97

Supply Chain Brain

JULY 19, 2022

The pandemic and resulting congestion in the supply chain have retailers reconsidering their traditional approach to sourcing and inventory management, says Larry Parker, department chair of transportation and logistics management, supply chain management, reverse logistics and government contracting at the Dr. Wallace E.

Inventory Reduction 97

Inventory Reduction Sourcing Strategies Supply Chain Strategy Inventory 97

IT Supply Chain

OCTOBER 20, 2020

Retail E-commerce Supply Chain Product Marketing, Tecsys. The post The Most Unpredictable Time of the Year: 2020 Holiday Retail Strategies appeared first on IT Supply Chain. By David Mascitto (pictured).

Supply Chain Strategy 92

Supply Chain Strategy Strategy Price Mitigation Strategies Retail 92

Intelligent Audit

JANUARY 6, 2022

With the 2021 peak season now over, retailers saw a massive bump in spending. retailers experienced a 21% increase in their 2021 Black Friday sales, and mid-October data indicated sales would amass nearly $1 trillion, INC.com reported. As a result, the small retail e-commerce strategy needs to evolve.

Vendor Strategies 52

Vendor Strategies Cost Reduction Strategies Expense Reduction Price Mitigation Strategies 52

BlueYonder

MARCH 11, 2024

In our exploration of end-to-end retail integration, we’ve laid out a sensible grocery retail roadmap for getting there, what it looks like in other verticals when done right, and errors to avoid when making the transition. And not just any kind. The one element missing here is, of course, the human touch at the center of it all.

Supply Chain Planning Software 78

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Retail 78

Locus

JANUARY 10, 2024

In today’s fast-paced retail world, efficient shelf replenishment is crucial. We’ll look at four strategies to optimize shelf replenishment, reducing stockouts, improving inventory management, cutting waste, and boosting productivity. Let’s dive into these four pathways for efficient shelf replenishment and retail success.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Waste Reduction 52

Supply Chain Brain

FEBRUARY 26, 2024

As grocery retailers navigate inflation and workforce retention, optimizing supply chains and pricing strategies becomes crucial.

Price Reduction 64

Price Reduction Supply Chain Strategy Price Mitigation Strategies Supply Chain Optimization 64

SCMDOJO

APRIL 22, 2024

Inventory buffers While some businesses cannot afford to have an abundant supply of inventory, it’s common for major retailers to have more supply than is necessary. Conclusion The complexities of global supply chains demand proactive strategies to navigate disruptions effectively.

Inventory Reduction 77

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 77

Cognira

FEBRUARY 12, 2024

A 2024 Outlook into the Future of Retail Promotions February 12, 2024 Promotions Home As we step into 2024, the retail landscape is undergoing significant transformations, with technology, data, and customer expectations playing pivotal roles. This year marks a turning point where sustainability takes a prominent role in the C-suite.

Waste Reduction 52

Waste Reduction Inventory Reduction Retail Optimization Software 52