Enterra Insights

JANUARY 31, 2023

As consumers settle into more normalized routines, it’s fair to ask what the future of omnichannel grocery shopping looks like. ”[1] In this article, I want to focus on the e-commerce portion of omnichannel grocery sales and the numerous innovations taking place in that space. growth in 2020. Gender Differences.

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 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

Enterra Insights

MAY 31, 2019

To meet changing consumer behavior, retailers are finding omnichannel strategies essential. He insists consumers are also increasingly relying on recommendations from trusted sources such as friends and other influencers. ” Omnichannel strategies can help meet consumer demands. Invest in technology and analytics.

Price Reduction 100

Price Reduction Cost Reduction Strategies Sourcing Strategies Omnichannel 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

ToolsGroup

FEBRUARY 7, 2022

Love it or hate it, daily necessities need to be purchased. When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Data source: eMarketer. eCommerce Purchases and “The New Normal” Retail Categories.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Robotics Will Grow More Versatile.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

Enterra Insights

MARCH 27, 2019

Retailers have always been curious about the paths consumers take when they decide something needs to be purchased. When the Internet and World Wide Web introduced consumers to online shopping (aka e-commerce), the path to purchase became much more complex. Today the digital path to purchase is growing in importance.

Procurement Analytics 100

Procurement Analytics Manufacturing Procurement Procurement Solutions Purchasing Skills 100

Enterra Insights

APRIL 30, 2019

The impact of e-commerce and the consumer digital path to purchase has been significant. ”[1] Empty malls and struggling brick-and-mortar retailers also bear stark witness to the impact of the digital path to purchase. … Shoppers now purchase more online, making fewer trips to stores and seeing fewer in-store promotions.”[2].

Manufacturing Procurement 100

Manufacturing Procurement Purchasing Skills Procurement Solutions Procurement Analytics 100

Enterra Insights

JANUARY 6, 2022

There are several reasons the retail sector survived the pandemic — among those reasons were the adoption of omnichannel strategies and utilization of cognitive technologies (aka artificial intelligence (AI)). Below are a few ways retailers are using cognitive technologies to survive and thrive in an omnichannel environment.

Optimal Sourcing 173

Optimal Sourcing Retail Optimization Software Analytics Software 173

Enterra Insights

JULY 30, 2021

As Tom Standage ( @tomstandage ), editor of The Economist ‘s ‘ The World in 2021 ‘, reminds us, the digital path to purchase is increasingly becoming the customer journey of choice. ”[2] Were that survey conducted today, I suspect an even larger number of consumers would report losing confidence in the supply chain.

Purchasing Skills 100

Purchasing Skills Procurement Solutions Procurement Analytics Supply Chain Software 100

Procurement Academy

JANUARY 25, 2021

The retail staff is the most significant stimulus for the customer’s purchase decisions. Retail Academy is the newest venture of Procurement, Supply Chain, and Sales Academy. The employee’s progression throughout the training journey will be monitored through an influential Report Management Center.

Procurement Analytics 98

Procurement Analytics Buyer Training Purchasing Skills Retail 98

ToolsGroup

FEBRUARY 9, 2022

While some orders still delight, a few recent purchases have left me faltering when it comes to your customer experience. Breaking it down, the three sources of the price increase appear to be 1) labor costs, 2) transportation (shipping) fees, and 3) member benefits – aka, content. Once upon a time, you brought me so much joy.

Purchasing Skills 296

Purchasing Skills Price Reduction Retail Supply Chain Planning Software 296

SupplyPike

MAY 14, 2020

Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain. Inventory Map.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chain Planning Procurement Analytics 98

ToolsGroup

OCTOBER 3, 2022

With reports of retail layoffs and overstaffing at companies (such as Walmart and Amazon) to cover Omicron-related staffing shortages, it would appear the shortage of workers may be abating. As per a recent report by CNBC , the labor department in the United States has 5.5 Source: Bloomberg.com.

Optimal Sourcing 156

Optimal Sourcing Retail Purchasing Skills Inventory Reduction 156

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

Enterra Insights

MARCH 4, 2022

.”[1] An infographic prepared by the staff at Concentric reports, “[Nearly 80% of] CPG executives say the COVID-19 crisis will have a lasting impact on their customers’ needs”; however, “[less than a third of them] say their companies are well-equipped to address such changes.”[2] Joining the Data Revolution.

Packaging 130

Packaging Prescriptive Analytics Software Analytics Software Supply Chain Planning Software 130

Unleashed

DECEMBER 6, 2021

We’ve identified 6 important categories that wholesaling features fall under: Inventory management Supply chain Customer orders Warehouse management Data and analytics Key software integrations And within these categories, we give you 17 features to look for – and why they’re important. Inventory management 1. Customer orders 7.

Inventory Management Software 98

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

Enterra Insights

SEPTEMBER 7, 2021

Being present across all channels means having a digital presence and Tranquill insists, “Omnichannel analytics are indispensable for today’s care centers and marketing operations.” People (and our purchasing decisions!) … Luckily, these days, you don’t have to gather such information manually. .

Sourcing Strategies 147

Sourcing Strategies Analytics Software Procurement Solutions Supply Chain Software 147

Enterra Insights

APRIL 14, 2021

Despite these efforts, consumers report significant gaps in enterprises’ ability to make digital experiences easy, to earn their trust, and to deliver desirable results.” ”[3] In this era of omnichannel operations, Aerdts insists that companies must make consumers feel like each experience is better than the last. They are: 1.

Analytics Software 113

Analytics Software Predictive Analytics Software Supply Chain Software Sourcing Strategies 113

Enterra Insights

JANUARY 14, 2022

Michael Baudendistel ( @FWavesRail ), an analyst and Market Expert at FreightWaves, reports, “There were some interesting, if perhaps intuitive, highlights from the latest University of Michigan Surveys of Consumers. Taking the Digital Path to Purchase. ”[3]. Stable Consumer Behaviors. Using Home as a Hub.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Packaging Supply and Demand 130

Enterra Insights

MARCH 25, 2021

Despite growing optimism about the end of the pandemic, retail correspondent Lauren Thomas ( @laurenthomas ) reports, “Coresight Research predicts as many as 10,000 stores could close in the U.S. If anyone was in doubt about the future of retail,” he writes, “the purchase of Debenhams by Boohoo has surely sealed the deal.

Retail 130

Retail Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 130

ToolsGroup

DECEMBER 14, 2021

Cyber Monday revenue – a reliable ecommerce performer year-over-year – showed mixed results pending the source, with an overall promising outlook. Supply Chain Shortages Impacted Consumer Purchases. Maybe its digital-only design fit more with the purchase activities of tweens and young adults everywhere. The Nintendo Switch?

Retail 156

Retail Supply Chain Planning Software Supply Chain Design Software Purchasing Skills 156

Enterra Insights

SEPTEMBER 13, 2018

She explains, “It is worth noting that the processes of the last decade were vertical supporting the strong silos of make, source and deliver. Silos and Omnichannel Operations. One of the most obvious supply chain changes has been the emergence of omnichannel operations. ”[6]. ”[6].

Cost Reduction Strategies 100

Cost Reduction Strategies Inventory Reduction Omnichannel Supply Chain Software 100

Oracle SCM

JULY 12, 2017

As if the largest economic crisis since the Great Depression wasn’t enough of a challenge to the supply chain industry, the introduction of the smartphone and advanced analytics into the marketplace disrupted the industry further by providing an exponentially growing consumer base and easy access to goods and information.

Inventory Reduction 163

Inventory Reduction Resource Reduction Price Reduction Cost Reduction Strategies 163

Unleashed

JUNE 23, 2021

Inventory analytics goes mainstream. Connected omnichannel services. Accurately plotting costs based on live data. Improving efficiencies with data analytics. Connect IoT tech to your cloud software to input critical real-time data to analytics and other business systems. Inventory Analytics.

Inventory Management Software 80

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 80

ThroughPut

JULY 24, 2022

The retail industry has been witnessing unending turmoil over the last couple of years by way of a series of challenges – ranging from shifts in purchasing habits and consumer demands to the vagaries of a relentless global pandemic that continues to trigger seismic upheavals. Retail supply chain software that creates better demand signals.

Supply Chain Planning Software 96

Supply Chain Planning Software Supply Chain Software Forecasting Software Optimization Software 96

ShipBob

JULY 30, 2021

Imagine this scenario: A customer browses sunglasses on your online store but leaves without making a purchase. L ater, while they’re browsing through their Instagram feed, they notice an ad displaying a previously viewed product and a 20% discount off their first purchase. They click on the ad, which leads to a purchase.

Omnichannel 52

Omnichannel Inventory Management Software Forecasting Software Optimization Software 52

Enterra Insights

OCTOBER 3, 2022

They report, “Retailers and customers are not feeling joyful after a year of supply chain backlogs and higher costs.”[1] ” • Identify alternate sources of supply. Business journalist Kate Marino ( @theKateMarino ) reports the move to e-commerce isn’t slowing. They are: • Plan early.

Material Savings 130

Material Savings Inventory Reduction Retail Supply Chain Planning Software 130

GlobalTranz

DECEMBER 7, 2015

A recent report by Frost & Sullivan, “The Future of Parts and Service Retailing in the Automotive Aftermarket” , predicts that by 2025, 10 to 15 percent of all global parts sales will be made online. Advanced Analytics Continue to Get a Bigger Plate at the Manufacturing Dinner Table.

Manufacturing Procurement 120

Manufacturing Procurement Analytics Software Trends Supply Chain Design Software 120

Supply Chain Management and Analytics

JUNE 11, 2021

Online shopping has become the easiest way to purchase goods, both for individual customers and businesses. With E-Commerce being this dominant, companies had to focus on omnichannel fulfillment issues and Distributed Order Management. DOM systems allow retailers to visualize their fulfillment problems with analytics.

Omnichannel 52

Omnichannel Optimal Sourcing Distribution Analytics Software 52

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

Enterra Insights

NOVEMBER 5, 2018

Hilary Milnes ( @hilarymilnes ) reports during the course of the NRF conference retail executives insisted “the only way to win [in the retail sector] is to tap into what customers want, and be able to respond to it.”[3] shoppers still prefer to make most of their purchases in-store.” Bad retail is dead.”[2].

Retail 100

Retail Supply Chain Planning Software Analytics Software Forecasting Software 100

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

Enterra Insights

MARCH 11, 2020

.” In response to the retail revolution, most retailers have adopted an omnichannel operations strategy. Isabelle Bouchoucha, a Senior Manager, and Déborah Samama, a consultant at Univers Retail, explain, “The consuming process has changed and is now mainly Omnichannel (physical and digital). They include: 1.

Supply Chain Software 100

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Retail 100

TMC

FEBRUARY 11, 2016

Total eCommerce sales in November and December 2015 are expected to be around $69 billion, a 13% increase on the previous year, reports the Wall Street Journal [1]. In response to changing consumer buying preferences, retailers have implemented multichannel or omnichannel supply chains. decrease in traffic in November and December [2].

Omnichannel 48

Omnichannel Supply Chain Software Logistics Network Optimization Software Modeling Software 48

ShipBob

FEBRUARY 3, 2023

By monitoring particular metrics over time across your online sales, in-store sales, and operations, you’ll gain quantitative insights into your business performance. A retail KPI (or “Key Performance Indicator”) refers to a quantifiable metric used to measure how a retail business is performing. Why are retail metrics important?

Procurement Analytics 52

Procurement Analytics Metrics Retail Inventory Reduction 52