95% of FMCG retailers say inventory optimisation is top priority for 2021

Manufacturing & Logistics IT

Symphony RetailAI, the provider of integrated AI-enabled marketing, merchandising and supply chain solutions for FMCG retailers and manufacturers, has announced findings from its Category Planning & Assortment Optimisation Executive Survey, conducted in partnership with Incisiv.

Retail Supply Chain Trends Driven by COVID-19

All Things Supply Chain

This shift isn’t a negative thing, either, as retail supply chains are becoming more… General coronavirus COVID19 pandemic retail retail supply chain supply chain trends trends

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What is Supply Chain Resilience?

GlobalTranz

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the resiliency test. Let’s start here: what is supply chain resilience? What is Supply Chain Resilience? Blog Supply Chain

The Retail Supply Chain Revolution

Logistics Viewpoints

There is a revolution in retail supply chains. The post The Retail Supply Chain Revolution appeared first on Logistics Viewpoints. Retail Amazon retail supply chainThe rapid growth in ecommerce is driving technological innovation and experimentation at an uprecedented rate.

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

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. By leveraging well-implemented bricks-and-clicks business models, these larger retailers can maximize their reach. Reduced risk in the supply chain.

Post-Pandemic Supply Chain Transformation

Enterra Insights

”[1] Moss reports that a survey published last November by Capgemini found more than four out of every five organizations reported that COVID-19 had negatively affected their supply chains. Is it time to further diversify my supply chain ?

Supply Chain Leaders Rearranging Deck Chairs? Yes, I Think So.

Supply Chain Shaman

After finishing the Supply Chains to Admire report and the Youtube series (to be released this week), this is my feeling. What Is Supply Chain Excellence? The seven years of work on the Supply Chains to Admire is part of my quest to answer Keith’s question.

Retail After Covid, Part 1: Retail Is Recovering

Enterra Insights

While it is too soon to declare victory over the Covid-19 pandemic, brick-and-mortar retail is seeing signs of renewed vigor. ” To take advantage of shoppers returning to stores, retailers need to do more than simply open their doors. Brick-and-Mortar Retail is Recovering.

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Dealing With The Supply Chain Gloppy Mess

Supply Chain Shaman

For the first in seven years, I was not heads-down preparing for The Supply Chain Insights Global Summit. Pre-pandemic only 30% of supply chain leaders were satisfied with their supply chains, and during the pandemic, business leader satisfaction is falling precipitously.

Retail After Covid, Part 2: How Retail Is Changing

Enterra Insights

For many retailers, the pandemic has been a nightmare. In Part 1 of this article, I discussed signs that the brick-and-mortar retail sector is recovering. In part 2 of this three-part article, I discuss what some experts are saying about how the retail sector must change in the post-pandemic world — the so-called “new normal.” ” Not only will retailers have to reevaluate their operations, they will have to reacquaint themselves with their customers.

Retail 100

Supply Chain Inventory Optimization – Beyond the Analytics

GlobalTranz

While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. With 7 percent of America’s gross domestic product (GDP) tied up in inventory, reports the 21 st Century Supply Chain Blog , your organization must go beyond the analytics and understand the broad impact of analytics in your company. Supply Chain Warehouse

The Changing Face of Retail

Enterra Insights

And the retail sector has certainly been changing, transforming, and evolving over the past few years. Most retailers now understand the importance of have a strong omnichannel strategy. 5] Tripathy suggests retailers reexamine and be open to new ideas in five areas.

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Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

GlobalTranz

Supply chains are messy. Blockchain in Supply Chain Can Help. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018. The inefficiencies that plague supply chains have seemingly been around forever. Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner. Supply Chain

Different Types of Supply Chains

Logistics Bureau

Supply Chains vary! In this episode, we’re going to talk about how the supply chains differ from each other and why you should be careful in comparing or copying your supply chain with others.

Progress Report on the Digital Supply Chain

Enterra Insights

For years supply chain consultants have urged companies to digitize their supply chains. As supply chains have lengthened and become more complex, digitization has been viewed as a way to reduce paperwork and increase visibility.

Understanding Retail Supply Chain Management – Moving To The Next Normal

ThroughPut

Understanding Retail Supply Chain Management – Moving To The Next Normal. You might wonder, what does a retailer have to do with supply chain management? Retail supply chain management – when your shoppers want free, fast, and multiple deliveries.

Understanding Retail Supply Chain Management – Moving To The Next Normal

ThroughPut

Understanding Retail Supply Chain Management – Moving To The Next Normal. You might wonder, what does a retailer have to do with supply chain management? Retail supply chain management – when your shoppers want free, fast, and multiple deliveries.

Artificial Intelligence and the Future of Supply Chains, Part 2

Enterra Insights

Artificial intelligence (AI) is impacting every economic sector including supply chain operations. Germain observes, “AI has changed the supply chain process from reactive to proactive, which creates a larger change in how data-driven processes will operate in the future.

Cognitive Technologies in the Retail Space

Enterra Insights

Although every economic sector undergoes constant change, the retail sector has probably seen more changes in a shorter period of time than most other sectors. As explained below, cognitive computing can do much more for retailers than simply monitor social media.

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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. Amazon supply chain management is driving innovation and change at a pace that’s putting the pressure on other businesses to find a way to keep up, or fold. The online retailer’s most recent patent focuses on drone technology, and would involve drones delivering packages with parachutes.

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 supply chains will always be tested

BluJay Solutions

Retail Biz has published a byline by Regional Director for ANZ, Paul Soong discussing panic buying and viral shopping and its impact on the supply chain.

Amazon Supply Chain Strategies!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Amazon Supply Chain strategies article and permission to publish here provided by Jae Jun. Amazon Supply Chain Strategies. Automation is just one of the many Amazon Supply Chain strategies. Subscribe Here!

As Pandemic Winds Down, Supply Chains Prepare for the Holidays

Enterra Insights

For example, overall retail sales in April rose by 51.2% Kearney’s Consumer Products and Retail Practice, asserts, “Retailers need to review forecasts and inventory commitments for Holiday 2021 which could be a blockbuster.

The Fireworks Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! The global supply-demand imbalance was unprecedented, holding lessons to help mitigate these kinds of disruptions in the future, if heeded. Subscribe Here!

Supply Chain Sustainability Gathers Steam

Logistics Viewpoints

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation.

Supply Chain Recognition in Times of Disruption

DELMIA Quintiq

Supply Chains and Integrated Logistics. The crisis generated by Covid-19 brought as one of its aspects, the notion of the extension of supply chains and integrated logistics, its impacts on the businesses of the companies, and the lives of people.

10 Retail Supply Chain Analytics Uses to Know

Intelligent Audit

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. The Perfect Order Rate Retail supply chain analytics helps pinpoint exact numbers.

10 Retail Supply Chain Analytics Uses to Know

Intelligent Audit

Many businesses in the transportation and logistics industry use retail supply chain analytics to predict the future. Retail supply chain analytics helps pinpoint exact numbers. Total Supply Chain Management Cost of Percentage Sales.

5 Retail Supply Chain Insights to Improve Performance

CH Robinson Logistics

Like many industries, retail has been evolving for some time. Consumer demands are shifting shopping experiences and retail compliance programs are being enforced as the need to have the right inventory in the right place at the right time becomes even more critical.

6 Supply Chain Disciplines to Enable Profitable Growth

Talking Logistics

In a conference call with investors in February 2015, Macy’s CFO Karen Hoguet summed up the primary objective of most retailers today : “We are making investments in growth, we want to accelerate growth, but it needs to be profitable growth.”. How can supply chain management enable profitable growth? For example, many retailers are using delivery as a competitive weapon. Below is an excerpt from the section on Supply Chain Visibility.

Retail Supply Chains in the COVID-19 Era

Shipchain

Retail supply chains have been put through the wringer. During this time of uncertainty, not all retailers will survive. Read on to see what the industry currently looks like and if your supply chain is equipped to weather the storm. .

A Guide To Retail Supply Chain Management- Moving To New Normal

ThroughPut

Understanding Retail Supply Chain Management – Moving To The Next Normal. You might wonder, what does a retailer have to do with supply chain management? Retail supply chain management – when your shoppers want free, fast, and multiple deliveries.

Clouds are Gathering for an Open Platform for Supply Chain

ToolsGroup

If this challenging past year has taught us one thing, it is the value of connections–not only in our lives, but in supply chains. How supply chain disconnections disrupt service. 2030 vision: End-to-End supply chains that serve customers.