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Group Purchasing Organizations: Principle of Work, Pros, and Cons

Precoro

Small companies may also lack the resources to create a dedicated procurement team for proper sourcing and supplier vetting. Group purchasing organizations can be the perfect way for these companies to increase cost savings. Learn how they work, their benefits and limitations, and how they fit in with procurement software.

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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

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What Does the Future Look Like for Online Grocery?

Enterra Insights

One such behavior was a notable increase in online grocery purchases. ” Unfortunately, inflation hit the grocery sector hard and it affected online grocery purchases. Artificial intelligence solutions, like the Enterra Trade Promotion Optimization System can help optimize trade promotions. ” 3.

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The Quietly Growing Conundrum of Online Returns

Logistics Viewpoints

However, the inability for consumers to initially see, feel or experience products they purchase online can create gaps between product expectations and what arrives at the doorstep. Compare this to the 9% returns rate of purchases made in-store. In the U.S, 21% of online orders were returned in 2021, up from 9% in 2019. In the U.S,

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Using Customer Delivery Personas as a Growth Tool

Multichannel Merchant

With 131 billion parcels shipped globally in 2020, the Pitney Bowes 2021 Parcel Shipping Index predicts parcel volume will double in the next five years, with an 11% CAGR from 2021-2026. When it comes to delivery, today’s sophisticated consumers want to select the delivery option that best suits their needs for each individual purchase.

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Using Customer Delivery Personas as a Growth Tool

Multichannel Merchant

With 131 billion parcels shipped globally in 2020, the Pitney Bowes 2021 Parcel Shipping Index predicts parcel volume will double in the next five years, with an 11% CAGR from 2021-2026. When it comes to delivery, today’s sophisticated consumers want to select the delivery option that best suits their needs for each individual purchase.

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Only as Good as Your Data: Why Supply Chain Digital Twins Require Real-Time Data Unification

ToolsGroup

Supply Chain Digital Twins: Why You Need Them As supply chain disruptions seem to be here to stay (and increasing in amplitude), planners across industries are looking for ways to make more accurate planning decisions – and digital twins are a great tool for that. Big, clunky, siloed, and out-of-date data. In real-time.