Logistics Viewpoints

NOVEMBER 20, 2023

As ecommerce grew at double digit rates, while in store sales grew at less than the rate of inflation, retailers were looking for a way to turn their stores into a competitive weapon. The need for new omnichannel capabilities – particularly curb pick-up and ship-from-store – soared. Then came Covid.

Omnichannel 254

Omnichannel Retail Cost Reduction Strategies Expense Reduction 254

ToolsGroup

SEPTEMBER 4, 2024

In the fast-paced world of retail, every decision counts—especially those related to inventory management. Yet, many retailers underestimate the true cost of doing it poorly. Stockouts are one of the most direct and visible consequences of poor inventory management. The global retail industry loses an estimated $1.75

Inventory Management Software 156

Inventory Management Software Inventory Reduction Cost Reduction Strategies Inventory Management 156

Logistics Viewpoints

JUNE 12, 2024

Autonomous supply chains can help businesses by enabling faster and more accurate demand forecasting, optimizing inventory levels and distribution networks, automating warehouse and delivery operations, and enhancing customer service and satisfaction. Seafarers are on board to operate and control shipboard systems and functions.

Supply Chain Planning Software 262

Supply Chain Planning Software Supply Chain Software Shipping Supply Chain Optimization 262

ToolsGroup

OCTOBER 14, 2024

In the competitive industrial landscape, efficient spare parts inventory management is crucial to maintaining seamless operations and driving profitability. Organizations require robust inventory management systems capable of handling diverse parts throughout their lifecycle.

Inventory Reduction 156

Inventory Reduction Negotiating Skills Optimal Sourcing Cost Reduction Strategies 156

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. Returns come with plenty of challenges around logistics, inventory, and predicting volatile sales trends. Retail Returns Statistics Demonstrating the Path to Business Growth.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Logistics Viewpoints

MARCH 24, 2022

Many top retailers rolled out more versatile fulfillment to better serve customers, embracing gig economy couriers to offer same-day and two-hour delivery and rounding out omnichannel fulfillment offerings with buy online pickup in store (BOPIS) and related services. Multi-carrier parcel shipping technology empowers fulfillment teams.

Supply Chain Planning Software 240

Supply Chain Planning Software Optimization Software Logistics Network Optimization Software Forecasting Software 240

Logistics Viewpoints

JUNE 8, 2021

The gig economy and its on-demand armies of drivers have moved people and food for years, but many retailers still hesitate to tap into Uber, Postmates and other companies to quickly move orders from stores to local customers’ doorsteps. Gig economy fulfillment setting retailers apart. Business intelligence lights the path for others.

Supply Chain Network Software 298

Supply Chain Network Software Supply Chain Planning Software Retail Logistics Network Optimization Software 298

Logistics Viewpoints

DECEMBER 14, 2022

This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. As a result, inventory managers have to explore new ways to cope with full warehouses. Unconventional solutions to excess inventory challenges. The answer goes beyond standard inventory management.

Inventory Management Software 213

Inventory Management Software Inventory Management Inventory Reduction Inventory 213

ThroughPut

JUNE 29, 2024

As a retail inventory planner, you strive to deliver precise replenishment plans—ensuring the right quantity of stock is available at the right time and place. Yet, managing inventory through multiple spreadsheets linked by complex formulas, or using disparate point solutions that don’t integrate, complicates your task.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Optimization Software 52

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 160

Waste Reduction Inventory Reduction Cost Reduction Strategies Logistics Network Optimization Software 160

ToolsGroup

OCTOBER 3, 2023

Retailers have a lot to juggle, looking to combine cost-efficiency with elevated consumer satisfaction so they can remain competitive in the current retail marketplace. The good news is retail fulfillment offers enormous opportunities for improved margins, greater efficiency, and happier customers. Not a bad idea.

Optimal Sourcing 156

Optimal Sourcing Optimization Software Network Optimization Price Mitigation Strategies 156

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 213

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 213

ToolsGroup

APRIL 4, 2023

By land, by air, by sea – transit organizations know the competition is fierce for retaining customer loyalty, requiring inventory management strategies that balance consumer needs with sustainability initiatives and business goals. In other cases, such as cruise ships, the ship is the warehouse.

Inventory Reduction 156

Inventory Reduction Waste Reduction Material Savings Cost Reduction Strategies 156

ThroughPut

SEPTEMBER 8, 2024

Summary of the Impact A popular European coffee retail chain used ThroughPut AI’s product mix optimization capabilities to achieve: 15% inventory reduction 5% labor productivity gain Read the entire case study here. They want fresh, innovative, artful food and an unparalleled experience, and they want it all now.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Waste Reduction Resource Reduction 52

BlueYonder

APRIL 1, 2024

Retailers must enhance their inventory and fulfillment decisioning capabilities to thrive in this dynamic landscape. Retailers must strike a delicate balance between providing exceptional service and controlling costs. Efficiently allocating inventory across channels while minimizing costs is no small feat.

Inventory Reduction 61

Inventory Reduction Real-time Visibility Inventory Expense Reduction 61

Logistics Viewpoints

AUGUST 9, 2022

Some of the world’s biggest retailers and their partners are once again feeling the sting of “ the bullwhip effect ” – a term of art amongst supply chain professionals that describes how changes in demand at the retail level can reverberate and amplify issues throughout the supply chain. Complete visibility into inventory.

Inventory Management Software 239

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 239

Logistics Viewpoints

OCTOBER 20, 2021

In our conversation, Ken spoke about some of the findings from a recent survey Logistyx conducted on cross-border holiday spending, as well as some larger trends around the state of parcel shipping. Fourth, what are some industry-specific trends for parcel shipping? The State of Parcel Shipping. Cross-Border Sales.

Supply Chain Network Software 202

Supply Chain Network Software Logistics Network Optimization Software Demand Planning Software Supply Chain Software 202

Logistics Viewpoints

AUGUST 2, 2021

Weisenberger is leading their digitally enabled shipping initiative, she works in distribution operations rather than transportation. This is one of the company’s first steps to their digital transformation in shipping. One of the speakers was Abby Weisenberger, a distribution consultant at Kimberly-Clark. What made Ms.

Real-time Visibility 258

Real-time Visibility Shipping Sourcing Strategies Supply Chain Planning Software 258

Enterra Insights

JUNE 22, 2022

The irony of excess inventory. ”[2] It’s ironic, therefore, in this inflationary period, that many retailers are experiencing the exact opposite problem — too few consumers seeking items they already have on hand. Now, some retailers are struggling with the opposite problem: a deluge of stuff nobody wants to buy.”

Inventory Reduction 130

Inventory Reduction Inventory Prescriptive Analytics Software Inventory Management Software 130

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

ToolsGroup

MAY 2, 2023

April 26-27, the Retail Technology Show brought together Europe’s most forward-thinking retailers and leading innovators, welcoming 47 of the Top 50 UK retailers and brands to discuss the latest ideas, technological advancements, and retail solutions.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Network Software Inventory Reduction Demand Planning Software 156

The Logistics of Logistics

JUNE 23, 2022

What Shippers and Retailers Need to Know for Peak Season Planning 2022. Original Article: What Shippers and Retailers Need to Know for Peak Season Planning 2022. When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. Q2: The Produce Shipping Season.

Supply Chain Planning Software 239

Supply Chain Planning Software Supply Chain Planning Scenario Planning Retail 239

ThroughPut

JUNE 16, 2024

Retailers often need help with inefficiencies, stockouts, and overstocking due to a lack of real-time data and insights into their inventory processes. Many retailers need to know how to leverage AI to address these challenges. What are the Challenges of Inventory Delivery Management in Retail?

Supply Chain Planning Software 52

Supply Chain Planning Software Inventory Reduction Optimal Sourcing Supply Chain Software 52

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

Locus

MAY 3, 2024

In the rapidly evolving retail landscape, efficiency, and flexibility in logistics operations are not just advantages but necessities. Big and bulky retailers typically go for Full Truckload (FTL) due to sheer size of the shipment and retailers that sell smaller items and don’t operate via captive model, choose LTL to save cost.

Shipping 52

Shipping Retail Modeling Cost Reduction Strategies 52

The Logistics of Logistics

NOVEMBER 26, 2024

Glenn is the President of iDrive Logistics , a national network of top-tier owner operated warehouses for brands and retailers who require the highest level of service with a focus on customer experience. Cost Optimization: iDrive helps clients reduce shipping costs through its innovative cost model approach and carrier partnerships.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Price Reduction Cost Reduction Strategies Inventory Reduction 130

ToolsGroup

JUNE 6, 2022

Solutions enable real-time inventory availability and fulfillment optimization for retailers. BOSTON—June 7, 2022 — ToolsGroup , a global leader in supply chain planning and optimization software, today announced its acquisition of Onera, a provider of real-time inventory availability and fulfillment software solutions to retailers.

Supply Chain Planning Software 156

Supply Chain Planning Software ToolsGroup Optimization Software Demand Planning Software 156

ShipBob

APRIL 15, 2024

That means you must see a sufficient return on your inventory investment. In other words, you need to make more money selling your inventory than you spent to acquire, store, and fulfill orders with it. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.

Inventory Reduction 52

Inventory Reduction Material Savings Price Reduction Cost Reduction Strategies 52

Locus

MAY 20, 2024

If there is one industry that continues to scale robustly, it is Retail. A recent survey forecasts that retail sales will soar to $32.76 As retailers prepare to navigate this vast sea of potential sales, understanding the intricate world of logistics becomes imperative to streamline operations and enhance efficiency.

Logistics Network Optimization Software 98

Logistics Network Optimization Software Inventory Reduction Cost Reduction Strategies Retail 98

BlueYonder

SEPTEMBER 7, 2023

Having started my retail career at the age of 17, I speak from experience when I say…retail is a hard business! In my 30+ years working in retail I often said, “Retail, you’ve got to love it…especially if you are going to make a career of it.” The group said retailers on average saw a 26.5% billion from 2020.

Retail 116

Retail Inventory Reduction Real-time Visibility Supply Chain Design Software 116

ShipBob

JANUARY 15, 2024

If you don’t have enough inventory on hand you risk selling out. Too much, and you’ll be stuck with an inventory glut. An inventory glut occurs when a company has surplus inventory and the stock of products far exceeds its demand. What is inventory glut? Inventory glut affects businesses both large and small.

Inventory Reduction 52

Inventory Reduction Price Reduction Cost Reduction Strategies Waste Reduction 52

3PL Insights

FEBRUARY 14, 2023

Retail logistics is responsible for delivering products to customers both in physical stores and online. The complexity of retail logistics has increased with the growth of e-commerce, requiring retailers to be more strategic and efficient in their operations. These orders can go to storefronts or be shipped direct-to-consumer.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Inventory Management Software Retail Supply Chain Software 92

Cathy Roberson

SEPTEMBER 7, 2021

Despite supply chain costs increasing and available capacity almost a rarity, retailers are undertaking a variety of ways to make sure they receive their inventory in time for the ever-important holiday season. “We feel good about the composition of our inventory. The issue is that capacity is not there.

Inventory Reduction 92

Inventory Reduction Inventory Retail Sourcing Strategies 92

Unleashed

AUGUST 15, 2024

Choosing the right inventory management system is crucial for optimising business operations, improving accuracy, and increasing overall efficiency. This guide explores five of the best Zoho Inventory alternatives currently on the market.

Inventory Management Software 52

Inventory Management Software Supply Chain Planning Software Supply Chain Design Software Inventory Reduction 52

Logility

AUGUST 4, 2022

Much of the merchandise languishing aboard cargo ships stuck in ports around the world during the pandemic-fueled supply chain crisis has made it to store shelves. No doubt this brings some mirth and merriment in an otherwise bleak stretch for consumers, but it also brings a massive migraine for retailers. Big Box Blues.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Logistics Viewpoints

JANUARY 23, 2024

Last week I attended the annual National Retail Federation (NRF) Big Show in New York City. The usual themes were still very present as solution providers and retailers alike were more than happy to talk about omni-channel, mobility, robotics, and machine learning, to name a few.

Supply Chain Planning Software 236

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Modeling 236

Logistics Viewpoints

FEBRUARY 1, 2021

A101 is the fifth fastest growing retail company in the world. A101 is the largest retailer in Turkey with over 10,000 company owned stores and 48 regional distribution centers and one E-commerce fulfillment center. With COVID, the retailer saw demand spikes for 900 items out of the 1600 the retailer carries. Mr. Cerito?lu

Supply Chain Planning Software 255

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Retail 255