Enterra Insights

JULY 18, 2019

Many analysts believe the future of retail rests on the shoulders of omnichannel operations powered by artificial intelligence (AI). James D’Arezzo, CEO of Condusiv Technologies, writes, “Any retailer that wants to be competitive knows it must offer a seamless omnichannel experience to its customers.”[1] ”[3].

Omnichannel 162

Omnichannel Analytics Software Predictive Analytics Software Purchasing Skills 162

GlobalTranz

MAY 18, 2018

Unfortunately, a lack of understanding in omnichannel supply chains has also led many companies to experience extreme issues in delivering on their promises. In addition, some may feel that growing into a seamless omnichannel sales strategy is impossible without supply chain technology hiccups, but that is not true.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Software Omnichannel Analytics Software 138

Enterra Insights

JULY 14, 2020

Consumer behavior, even before the pandemic, was moving steadily towards the digital path to purchase. The pandemic forced many consumers to make purchases online that they normally would have completed in stores. ” That doesn’t mean they aren’t using the digital path to purchase — because they are.

Omnichannel 100

Omnichannel Analytics Software Supply Chain Planning Software Predictive Analytics Software 100

ivalua

OCTOBER 8, 2021

During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.

Optimal Sourcing 130

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Enterra Insights

JULY 27, 2022

That shift, according to Ilias Simpson ( @IliasSimpson ), CEO at Radial, involved a “transformation of omnichannel buying behavior.”[1] ” Omnichannel operations and the hybrid shopper. … Developing an omnichannel strategy doesn’t mean attempting to mirror online and in-store.

Omnichannel 130

Omnichannel Resource Reduction Procurement Solutions Retail 130

Enterra Insights

MAY 26, 2022

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.

Procurement Solutions 130

Procurement Solutions Procurement Analytics Manufacturing Procurement Predictive Analytics Software 130

Unleashed

JUNE 2, 2022

The term omnichannel is a popular eCommerce buzzword, but what exactly is omnichannel eCommerce, and why is it important? We cover these questions and more about the eCommerce sales phenomenon that is omnichannel. What is omnichannel eCommerce? What is the aim of the omnichannel approach?

Omnichannel 97

Omnichannel Inventory Management Software Supply Chain Design Software Analytics Software 97

GlobalTranz

OCTOBER 5, 2018

An omnichannel retail strategy is the new norm in today’s supply chains. The days of managing channels on an individual basis are over, and consumers are using multiple devices and e-commerce platforms for nearly all purchases. In fact, 78% of U.S. GET YOUR COPY HERE. Download White Paper.

Modeling Software 196

Modeling Software Sourcing Strategies Cost Reduction Strategies Supply Chain Planning Software 196

GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. Up to 62 percent want to purchase online and have the option of returning it in-store, and 47 percent want promotions and coupons available through their smartphone. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service?

Inventory Reduction 186

Inventory Reduction Price Reduction Cost Reduction Strategies Supply Chain Strategy 186

Unleashed

NOVEMBER 7, 2023

Enter: omnichannel fulfilment. Omnichannel fulfilment provides a seamless and consistent customer experience for shoppers. This article explores what omnichannel fulfilment is and how it helps ecommerce stores and retailers be more efficient. We’ll also cover a few best practices for perfecting your omnichannel strategy.

Inventory Reduction 52

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crisp

OCTOBER 21, 2024

Beyond day-to-day functions, however, the amount of retail data suppliers incur across the omnichannel landscape can be so expansive and granular that it can become overwhelming to analyze and extract meaningful insights from. However, suppliers need to take data preparedness a step further to leverage AI’s power in retail analytics.

Procurement Analytics 40

Procurement Analytics Analytics Software Predictive Analytics Analytics 40

crisp

SEPTEMBER 19, 2024

Transforming your supplier operation into a data-driven, omnichannel powerhouse is the secret to thriving with major retailers today. Now, when shoppers search for the products they need online, they are presented with a range of purchasing options, including pickup and delivery from brick-and-mortar locations nearby.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Price Reduction Vendor Strategies 40

crisp

SEPTEMBER 19, 2024

Transforming your supplier operation into a data-driven, omnichannel powerhouse is the secret to thriving with major retailers today. Now, when shoppers search for the products they need online, they are presented with a range of purchasing options, including pickup and delivery from brick-and-mortar locations nearby.

Sourcing Strategies 40

Sourcing Strategies Inventory Reduction Price Reduction Vendor Strategies 40

GlobalTranz

FEBRUARY 23, 2018

Omnichannel has been a go-to plan for retailers since 2008, but it is changing. Omnichannel, as a word and strategy in retail, is shifting. So, Omnichannel Is Not Dead? Omnichannel is more of a misnomer now. Omnichannel is shopping. Omnichannel is just business. Download white paper. Not exactly.

Omnichannel 163

Omnichannel Course Supply Chain Design Software Supply Chain Planning Software 163

crisp

JANUARY 24, 2024

Discover how Walmart’s Luminate Charter plan is revolutionizing retail data analytics with these five essential reports for suppliers. Imagine having a panoramic view of your product’s journey across all sales channels, understanding intricate customer purchase patterns, and the precise flow of inventory to every store.

Procurement Analytics 52

Procurement Analytics Inventory Reduction Report Price Reduction 52

GlobalTranz

SEPTEMBER 29, 2017

While this is the primary force behind omnichannel investment, modern retail supply chains are also investing for these top reasons. For Walmart, with over 10,700 stores, reports Curt Barry of MultiChannel Merchant , this demands better transparency and end-to-end visibility. Walmart Is Ramping up Investment in Omnichannel.

Supply Chain Design Software 151

Supply Chain Design Software Omnichannel Supply Chain Software Analytics Software 151

Enterra Insights

NOVEMBER 4, 2020

Even before the coronavirus pandemic closed physical stores and forced consumers online, they were journeying on the digital path to purchase in increasing numbers. “Customers are increasing their appetite for omnichannel commerce as the pandemic continues,” writes journalist Jacqueline Barba ( @JackieBarba1 ). ”[2].

Procurement Analytics 100

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GlobalTranz

MAY 15, 2017

More companies are actively engaging with consumers in search of the ultimate omnichannel sales experience as the strength of online sales increase, reports Supply Chain Quarterly. As a result, companies that want to go omnichannel need to begin working to deploy these standards and supply chain technologies. The Big Picture.

Supply Chain Design Software 151

Supply Chain Design Software Supply Chain Software Modeling Software Analytics Software 151

Enterra Insights

SEPTEMBER 12, 2019

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. Omnichannel logistics challenges. ”[3] Legacy staff members identify 9 top omnichannel logistics challenges businesses generally face. .”[3] They have it tough.

Omnichannel 100

Omnichannel Logistics Network Optimization Software Retail Inventory Reduction 100

Enterra Insights

MAY 3, 2018

Omnichannel retail operations are well on their way to becoming the norm. Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. Cogs in the omnichannel machine.

Omnichannel 100

Omnichannel Procurement Analytics Supply Chain Design Software Analytics Software 100

Enterra Insights

SEPTEMBER 15, 2020

It does mean that retailers need to master omnichannel operations if they want to survive and thrive in the years ahead. The rise of omnichannel operations. Few analysts question the fact that consumers are increasingly taking the digital path to purchase — which increases the importance of omnichannel operations.

Omnichannel 100

Omnichannel Retail Modeling Software Procurement Analytics 100

Unleashed

JUNE 19, 2022

There is often some confusion when trying to differentiate between multichannel and omnichannel eCommerce, and as a result the two terms are often used interchangeably – but the two strategies are not the same, and here we give you the nine key differences. What is the difference between omnichannel and multichannel eCommerce?

Omnichannel 98

Omnichannel Inventory Management Software Forecasting Software Inventory Reduction 98

Enterra Insights

MARCH 29, 2018

.” Omnichannel operations were supposed to be traditional retailers’ solution to the Amazon challenge; but, many retailers and manufacturers have struggled to master the concept. Jones bluntly wrote, “The omnichannel approach that retailers once took is dead. Omnichannel Operations and the Consumer.

Omnichannel 100

Omnichannel Inventory Reduction Cost Reduction Strategies Manufacturing Procurement 100

GlobalTranz

MARCH 23, 2018

Amazon began looking into brick-and-mortar storefronts, hoping to capture a new slice of the omnichannel pie. Walmart has a different approach, and in several ways, Walmart is positioning itself to best Amazon in e-commerce through an innovative, omnichannel return strategy. Precursor 2: Walmart Scales Back Brick-and-Mortar Growth.

Price Reduction 179

Price Reduction Omnichannel Supply Chain Strategy Price Mitigation Strategies 179

Enterra Insights

MAY 28, 2020

Even before the COVID-19 pandemic shuttered physical stores, retailers were adopting omnichannel strategies to take advantage of the increasingly important consumer digital path to purchase. ” He asserts customers expect the following: Free or low-cost shipping. Omnichannel operations require visibility and customer focus.

Omnichannel 100

Omnichannel Retail Expense Reduction Inventory Reduction 100

Vinculum

OCTOBER 3, 2023

The emergence of omnichannel retailing has revolutionized how consumers interact with brands, blurring the lines between physical and digital shopping experiences. Read the blog to learn more about the Middle Eastern omnichannel retail trends and how this strategy is changing the way consumers engage with brands.

Omnichannel 52

Omnichannel Inventory Reduction Price Reduction Inventory Management Software 52

GlobalTranz

AUGUST 20, 2018

Data analytics can be applied to virtually any supply chain process, and analytics hold great value in managing retail supply chains. Defining retail needs is not an easy process, but data is king and can help companies sift through the needs and wants of customers, reports Arthur Zaczkiewicz of WWD. GET YOUR FREE WHITE PAPER.

Analytics Software 122

Analytics Software Procurement Analytics Analytics Supply Chain Design Software 122

Enterra Insights

APRIL 18, 2019

Even when a consumer concludes making an in-store purchase is their best option, they are likely to have used their smartphone to search for other options or to compare prices. The digital path to purchase is becoming the norm for many consumers and both retailers and manufacturers are taking notice. Downstream omnichannel challenges.

Omnichannel 100

Omnichannel Supply Chain Design Software Supply Chain Planning Software Manufacturing Procurement 100

Vinculum

NOVEMBER 23, 2022

Omnichannel Retail has become a necessity. As per “Think with Google”, omnichannel activities account for over 80% of consumers’ in-store visits. Now is the time to enhance your omnichannel strategy to attract and retain clients. How do we define omnichannel retailing, though? Importance of Omnichannel.

Omnichannel 59

Omnichannel Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 59

Logistics Viewpoints

JUNE 1, 2023

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.

Supply Chain Planning Software 218

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 218

Enterra Insights

JANUARY 30, 2019

The past holiday season solidified the importance of omnichannel operations in the retail sector. ”[1] Adam Robinson, a marketing strategist at Cerasis, bluntly states, “An omnichannel retail strategy is the new norm in today’s supply chains.”[2]. Omnichannel is the new retail business model. ”[2].

Omnichannel 100

Omnichannel Price Reduction Supply Chain Design Software Inventory Reduction 100

Enterra Insights

MARCH 5, 2019

.”[1] A significant part of that redefinition involves omnichannel operations. Adam Robinson, a marketing strategist at Cerasis, bluntly states, “An omnichannel retail strategy is the new norm in today’s supply chains.”[2] 3] Omnichannel operations may be simple in concept but they are difficult to implement.

Omnichannel 100

Omnichannel Retail Supply Chain Design Software Cost Reduction Strategies 100

Logistics Viewpoints

FEBRUARY 28, 2023

Omnichannel fulfillment took center stage. What is omnichannel fulfillment? Omnichannel is a centralized strategy that enables businesses to coordinate, streamline, simplify and speed up fulfillment of orders that have been placed through different channels (online, retail, etc.). Need diapers delivered overnight? No problem.

Optimal Sourcing 222

Optimal Sourcing Sourcing Strategies Inventory Reduction Vendor Strategies 222

Enterra Insights

FEBRUARY 23, 2018

Khadeeja Safdar ( @khadeeja_safdar ) and Imani Moise ( @MoiseNoise ) report, “Retailers had their best holiday sales since 2011, according to Mastercard SpendingPulse, which tracks payments in stores and online.”[1] ”[1] One of the primary reasons retailers are doing better is improved omnichannel operations.

Inventory Reduction 100

Inventory Reduction Omnichannel Price Mitigation Strategies Supply Chain Strategy 100

Enterra Insights

MAY 31, 2019

To meet changing consumer behavior, retailers are finding omnichannel strategies essential. ” Omnichannel strategies can help meet consumer demands. Myerson ( @Paul_A_Myerson ), a supply chain instructor at Monmouth University, insists omnichannel operations are the new retail reality. Invest in technology and analytics.

Price Reduction 100

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Enterra Insights

NOVEMBER 14, 2019

In a recent article, Jason Rosing ( @JasonRosing ), a founding partner of Veridian, asked a surprising question, “Is omnichannel dead, dying, or thriving?”[1] After all, he notes, “Omnichannel is everywhere!” ” I’m not sure how confusing the concept of omnichannel operations is. ”[2].

Omnichannel 100

Omnichannel Cost Reduction Strategies Supply Chain Strategy Procurement Analytics 100

QAD

JULY 25, 2023

Your B2B digital commerce solution should be able to provide personalized recommendations, promotions, and pricing based on customer behavior and purchase history. Omnichannel Experience : Online buyers expect a consistent experience across all channels, including social media, email, and chat.

Procurement Solutions 98

Procurement Solutions Analytics Software Procurement Analytics Optimization Software 98