Remove Apparel Remove Procurement Analytics Remove Shipping
article thumbnail

Prescriptive Analytics for Supply Chain Optimization: 6 Powerful Use Cases 

ThroughPut

If there’s any piece of technology or analytics that can help with the most advanced data-driven decision-making in the supply chain right now, that’s prescriptive analytics. It is the most promising form of analytics in the market currently. What Is Prescriptive Analytics in Supply Chain? How should the supplier perform?

article thumbnail

Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases. They are more likely to shop for discounts and sales and may delay purchases of some items. Due to the workforce layoffs, consumers have less disposable income.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Global shipping is national news with most stories covering the symptoms. The dramatic increase in cost is a major factor in inflation: driving the 11.5% jump in apparel costs and 5.5% The supply chain can handle cost increases more easily than variability. Unloading containers from a ship takes two-to-three days.

article thumbnail

What is Demand Forecasting? Importance and Benefits of Forecasting Customer Demand

ShipBob

Between shipping new collections for wholesale earlier in the year and Q4 madness for direct-to-consumer sales, we’ve been able to get through our heaviest seasons while staying ahead of production using ShipBob’s forecasting tools — even as order volume more than quadrupled in a year.” Our B2C and B2B order volume changes month to month.

article thumbnail

Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. We need planning platforms to keep up with all the changes.

article thumbnail

This Week in Logistics News (May 27 – June 2)

Logistics Viewpoints

Walmart added new functionality that lets sellers purchase shipping labels for domestic orders on its marketplace. Ship with Walmart (SWW) was previously available only for cross-border orders. The feature is standard on other major marketplaces, offering sellers reduced shipping rates and integrating with their platforms.

article thumbnail

Digital Path to Purchase Decreases Retailers’ Reliance on Holiday Shopping

Enterra Insights

It’s still important, but Lauren Thomas ( @laurenthomas ) reports, “Coresight Research … says the holiday season is becoming ‘less important’ for retailers, with more shopping taking place online throughout the year. Traditionally the holiday shopping season has been a make-or-break time for retailers.