The Logistics & Supply Chain Management Society

MARCH 21, 2023

Why Multi-Carrier Parcel Shipping Strategies Are Winning in 2022 by Lindsay Schuemann , Marketing Manager at Enveyo Two years. Parents got notifications that school was cancelled, employees got notice to stay home, the world started buying most of their goods online, and the global supply chain did a collective * gulp.

Cost Reduction Strategies 130

Cost Reduction Strategies Price Reduction Sourcing Strategies Price Mitigation Strategies 130

Supply Chain Shaman

SEPTEMBER 28, 2012

We have let buy- and sell-side transactional relationships erode value. We will never redesign healthcare for better outcomes if we do not redesign the buy/sell relationship and improve the understanding of the service providers on why supply chain matters. Pyrex bowls they had shipped without packing materials broke in transit.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

ToolsGroup

JUNE 6, 2022

COVID-induced shifts in consumer shopping preferences, the prolonged shipping crisis, geopolitical upheaval, and inflation have driven retailers to evolve demand and fulfillment strategies. Real-time inventory visibility provides the agility and flexibility needed to create the seamless omnichannel experience that today’s customers crave.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

GlobalTranz

FEBRUARY 4, 2019

The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. As omnichannel shopping becomes the standard for consumers, the use of freight data will excel.

Supply Chain Planning Software 120

Supply Chain Planning Software Inventory Management Software Analytics Software Forecasting Software 120

Enterra Insights

DECEMBER 4, 2019

For online retailers and retailers with an omnichannel strategy, it’s probably good news. Consumers are demanding faster shipping, better visibility and excellent customer experience from the places they shop. And Coresight is expecting that percentage to continue to shrink.”[1]

Procurement Solutions 100

Procurement Solutions Eliminating Excel in Purchasing Purchasing Skills Procurement Analytics 100

GlobalTranz

APRIL 16, 2018

There is no doubt, that the retail landscape is increasingly looking like an online one as traditional brick-and-mortar retailers, such as Toys R Us, Foot Locker, and Best Buy mobile shutter hundreds of stores unable to keep up with the changing customer that wants fast, free delivery all with just a click of a button. trillion, a 3.8

Prescriptive Analytics Software 161

Prescriptive Analytics Software Supply Chain Planning Software Retail Analytics Software 161

Locus

NOVEMBER 28, 2022

Even before the pandemic, online shopping trends had grown significantly across the globe, and since the pandemic, the growth of online shipping continues to maintain an upward trajectory. Emerging omnichannel fulfillment trends in the Middle East: Shopping trends, much like the climate, have changed over time. Watch our webinar.

Omnichannel 52

Omnichannel Retail Optimal Sourcing Logistics Network Optimization Software 52

Supply Chain Shaman

AUGUST 14, 2016

The network senses, translates, and orchestrates market changes (buy- and sell-side markets) bidirectionally with near real-time data to align sell, deliver, make and sourcing organizations outside-in. An example is the understanding of the shopper across the moments of truth in omnichannel strategies. The Building Blocks.

Material Savings 186

Material Savings Inventory Reduction Price Reduction Cost Reduction Strategies 186

Unleashed

OCTOBER 27, 2021

Global supply chain disruption, rapid technological evolution, changing buying and selling habits – wholesale distributors have had to deal with some rapid and radical changes over the past couple of years. Excelling in online selling and logistics may convince your customers that your service is still the most cost-effective and efficient.

Inventory Management Software 97

Inventory Management Software Forecasting Software Predictive Analytics Software Analytics Software 97

Locus

MAY 2, 2023

But how do they ensure effective third-party deliveries and excellence in their e-commerce logistics operations, given that they outsource last-mile logistics to third-party providers? This marked the rise of omnichannel approach and D2C fulfillment. But rather than depending on one, modern enterprises make use of both.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Logistics Network Optimization Software Logistics How To 52

ToolsGroup

NOVEMBER 4, 2022

It’s possible that in the meantime, consumers have gone elsewhere to make their purchases, and demand has diminished before you could capitalize on it. In fact, when a store is out-of-stock for an item they planned to buy, 21% of consumers will leave and buy the item from a competitor. Inaccurate Demand Forecasting.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

The Logistics & Supply Chain Management Society

SEPTEMBER 21, 2022

Parallelly, expectations around the overall purchasing experience have also grown steeper. A 2021 McKinsey study, that when delivery times are too long, almost half of omnichannel consumers will shop elsewhere. Sales in the e-commerce sector globally, grew to $4.9 trillion in 2021, up from $4.2 trillion by 2025. About the Author.

Logistics Network Optimization Software 130

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

GlobalTranz

OCTOBER 20, 2017

Amazon contributed to the push for white glove service in last mile eCommerce logistics with its focus on speed of delivery, especially among Amazon Prime benefits, of same-day or next-day delivery for eligible purchases. Leveraging Metrics, Shippers Find Better Ways to Excel at Customer Service and Last Mile Services.

Logistics Network Optimization Software 122

Logistics Network Optimization Software Logistics Procurement Analytics Cost Reduction Strategies 122

Unleashed

NOVEMBER 29, 2021

Inventory management for eCommerce is the process of monitoring and organising inventory for online retail, from sourcing through to shipping. Additionally, if you’re forecasting future demand, you can purchase new inventory to match reality – so there’s less chance you’ll stock out, or buy too much.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

Vinculum

SEPTEMBER 28, 2021

Delivering a seamless, convenient, and consistent customer experience is what Omnichannel order fulfillment and returns are all about. To increase profitability, companies need to enable omnichannel fulfillment options while keeping costs and services in check. What is Ship from Store? Benefits of Ship from Store.

Shipping 52

Shipping Inventory Reduction Cost Reduction Strategies Price Reduction 52

Enterra Insights

JANUARY 6, 2020

In today’s omnichannel world, the last mile can lead almost anywhere. Chris Cunnane ( @ccunnane ), an analyst with the ARC Advisory Group, explains, “In order to truly be omnichannel, retailers and brand manufacturers must provide a unified brand experience for their customers. Growing urgency in last mile deliveries.

Real-time Visibility 100

Real-time Visibility Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 100

Unleashed

DECEMBER 6, 2021

Such information should include pricing (including quantity pricing and quantity discounts), purchase currency, margins, transaction histories, and key contact information. Order management Order management is useful for any wholesaler, but even more so for anyone moving to a multi- or omnichannel business model.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Supply Chain Planning Software Analytics Software 98

Veridian Solutions

JANUARY 23, 2019

It refers to the ability to buy online and pick up in store. Click and collect makes up a portion of true omnichannel supply chains, allowing customers the freedom to shop online and pick up products in the store. Implementing click and collect capabilities sounds excellent, but it is much more complicated than meets the eye.

Retail 49

Retail Eliminating Excel in Purchasing Omnichannel Procurement Analytics 49

ShipBob

JANUARY 29, 2024

Why your business needs accurate order management The order management cycle How to streamline order management with ShipBob ShipBob builds next-level order management processes Order management FAQs Once a customer clicks the “Buy” button, their order’s journey begins. Now imagine that your business takes off.

Inventory Management Software 98

Inventory Management Software Supply Chain Design Software Analytics Software Forecasting Software 98

ShipBob

MARCH 2, 2023

How people feel when they interact with your business influences their buying behavior. A retail experience refers to how customers interact with your brand and how it makes them feel, which influences their decision to buy or not to buy. So, how exactly do you create an exceptional retail experience?

Retail 52

Retail Eliminating Excel in Purchasing Purchasing Skills How To 52

Logistics Bureau

NOVEMBER 29, 2024

That’s why retailers place so much focus on buying well. For example, buying in large quantities from suppliers, to get a lower unit cost. This involves optimising delivery routes to minimise travel time and reduce shipping costs, which can significantly impact the overall operational costs. Often 60-70% of total sales.

Supply Chain Planning Software 68

Supply Chain Planning Software Retail Supply Chain Strategy Supply Chain Planning 68

Supply Chain Game Changer

AUGUST 21, 2019

According to Stephan Serrano at Barilliance , click & collect is an “omnichannel retail strategy where shoppers order their items online and pick them up in store.”. It is also sometimes known as “buy online, pick up in store”, or BOPUS for short. It is also sometimes known as “buy online, pick up in store”, or BOPUS for short.

Purchasing Training 52

Purchasing Training Cost Reduction Strategies Resource Reduction Purchasing Skills 52

Cognira

NOVEMBER 28, 2023

This blog explores the trends that define this year’s holiday season and the factors that draw the consumer path to purchase. Consumers leverage AI-powered benchmarking tools to track the price of their favorite items and make the purchase once it hits its lowest point.

Price Reduction 52

Price Reduction Retail Material Savings Procurement Analytics 52

Supply Chain Game Changer

NOVEMBER 23, 2018

With both next day and same day delivery service currently available, customers are left happy and satisfied with their entire buying experience. Next day and same day delivery are now highly sought-after services by consumers who want their packages shipped instantly. Cut-Off Time. Pros and Cons. However, the service can cost more.

Expense Reduction 77

Expense Reduction Cost Reduction Strategies Price Reduction Inventory Reduction 77

Stord

APRIL 4, 2022

What are the best applications of supply chain technology that should be driving B2B/B2C or omnichannel businesses? Some companies still are even using manual processes with Excel spreadsheets to track their inventory! And what opportunities are being missed today? 2020 sales plus 20%).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Supply Chain Design Software Analytics Software 78

Supply Chain Game Changer

JUNE 30, 2021

Omnichannel Customer Service Best Practices! The tremendous shift of the seller-consumer dynamics now puts convenience, speed, and outstanding logistics supervision on the consumer’s list for a complete buying experience. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Let’s get right to it. Clean Transportation.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Pricing Training Buyer Training Purchasing Training 98

Veridian Solutions

JANUARY 14, 2019

It refers to the ability to buy online and pick up in store. Click and collect makes up a portion of true omnichannel supply chains, allowing customers the freedom to shop online and pick up products in the store. Implementing click and collect capabilities sounds excellent, but it is much more complicated than meets the eye.

Retail 40

Retail Eliminating Excel in Purchasing Procurement Analytics Omnichannel 40

Unleashed

DECEMBER 19, 2018

Multichannel selling allows customers to shop and purchase through whichever channel they prefer. Omnichannel vs. multichannel selling. Omnichannel and multichannel are two buzzwords that are sometimes used interchangeably, but they are not the same thing. The B2B buying process is no longer linear; instead, it is fluid.

Manufacturing Procurement 60

Manufacturing Procurement Modeling Software Sourcing Strategies Price Reduction 60

Supply Chain Matters

SEPTEMBER 10, 2022

She brings a deep understanding of business operations, with experience spanning supply chain transformation, merchandise planning and buying. Commenting on the appointment of Gretchen McCarthy, Cornell additionally indicated: “ Gretchen will be an excellent addition to our leadership team.

Supply Chain Strategy 59

Supply Chain Strategy Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 59

Logistics Bureau

JANUARY 21, 2020

In this retrospective of the highs and lows of the year, learn which retailers excelled, and which ones looked like they might be struggling in the fiercely competitive online retail arena. Is One-Day Shipping a Step Too Far? The move to expedite Prime shipping has impacted Amazon’s profits , while introducing several cost challenges.

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Expense Reduction Retail 52

Supply Chain Game Changer

NOVEMBER 11, 2018

As a consumer you are generally able to buy what you want where you want and when you want with relative ease. The Omnichannel nature of retail requires a Supply Chain that is tremendously flexible. Plus they want it all at the lowest cost possible (and free in the case of shipping). There are a variety of customer demands.

Supply Chain Design Software 48

Supply Chain Design Software Supply Chain Planning Software Retail Agile and Lean Supply Chain 48

6 River Systems

DECEMBER 11, 2018

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Create an adaptive unified buying process. “If you look at the typical buying process, it is bifurcated based on geography.

Inventory Reduction 75

Inventory Reduction Cost Reduction Strategies Resource Reduction Sourcing Strategies 75

Locus

JUNE 23, 2023

If customers do not receive their orders on time, they won’t buy from that company again. With an efficient order fulfillment process, businesses can reduce their shipping costs and improve their turnaround times which helps them increase their sales and revenue. How many orders am I currently shipping?

Inventory Reduction 52

Inventory Reduction Cost Reduction Strategies Resource Reduction Vendor Strategies 52

o9 Solutions

JANUARY 19, 2022

Over the past few decades, retail supply chains were built for operational excellence, not agility. The objective was to deliver products to consumers at the lowest possible costs, with standardized assortments produced at the cheapest locations and shipped in the most efficient quantities.

Sourcing Strategies 52

Sourcing Strategies Forecasting Inventory Reduction Inventory Management Software 52

o9 Solutions

JANUARY 19, 2022

Over the past few decades, retail supply chains were built for operational excellence, not agility. The objective was to deliver products to consumers at the lowest possible costs, with standardized assortments produced at the cheapest locations and shipped in the most efficient quantities.

Sourcing Strategies 52

Sourcing Strategies Forecasting Inventory Reduction Inventory Management Software 52

Vinculum

OCTOBER 12, 2023

This is where Vinculum, a global SaaS company specializing in omnichannel retail and supply chain solutions, steps in to empower businesses for festive success. Let’s explore the key areas in which Vinculum excels. They walk into your store, where the order is ready for pickup, and add a complementary product to their purchase.

Supply Chain Design Software 52

Supply Chain Design Software Inventory Management Software Forecasting Software Demand Planning Software 52

Logistics Bureau

JANUARY 7, 2020

Developed a process of excellence in supply chain collaboration. In 2017, the company began to look at new options for warehousing, knowing it would need to start placing inventory closer to customers if it wanted to compete in the challenging omnichannel retail space. Pioneered the use of vendor-managed inventory.

Inventory Reduction 109

Inventory Reduction Cost Reduction Strategies Supply Chain Design Software Vendor Strategies 109