ToolsGroup

MARCH 3, 2021

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. This picture is further complicated with the adoption of omnichannel models.

Supply and Demand 296

Supply and Demand Modeling Demand Planning Supply Chain Planning Software 296

GlobalTranz

MAY 25, 2018

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper.

Inventory Management Software 125

Inventory Management Software Inventory Management Inventory Reduction Supply Chain Planning Software 125

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 227

Optimal Sourcing Sourcing Strategies Inventory Reduction Vendor Strategies 227

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

Optimal Sourcing Material Savings Procurement Analytics Procurement Solutions 130

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

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

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 223

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 223

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. Gender Differences. Increased Automation.

Omnichannel 130

Omnichannel Predictive Analytics Software Price Reduction Inventory Reduction 130

Ware2Go

NOVEMBER 15, 2021

Use this guide to understand warehousing services, prioritize service level agreements, and choose the right warehouse partner for your business. Table of Contents: What is Warehousing? What Is Warehousing? Types of Warehousing Services. By this definition, a warehouse would only provide inventory storage.

Warehousing 105

Warehousing Negotiating Skills Inventory Reduction Supply Chain Network Software 105

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.

Supply Chain Planning Software 272

Supply Chain Planning Software Supply Chain Software Shipping Supply Chain Optimization 272

GlobalTranz

SEPTEMBER 14, 2018

Omnichannel supply chains are increasing in complexity and prevalence for good reason. Omnichannel customers have a tendency to spend more than their brick-and-mortar counterparts, explains Digital Commerce 360 , making them an ideal way for retailers to stay competitive and reach more customers. Increased speed in warehouses.

Price Reduction 120

Price Reduction Cost Reduction Strategies Inventory Reduction Omnichannel 120

GlobalTranz

JANUARY 10, 2018

Last year, online shoppers spent more time purchasing items through online retailers than any other channel, and the 2016 holiday shopping season broke most online and mobile records. increase in the leasing of industrial space, including warehousing space. A Rapidly Changing Workforce Will Strain Warehouses.

Supply Chain Design Software 138

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Technology 138

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

GlobalTranz

JANUARY 26, 2017

Over the last year, huge strides were made in machine-to-machine connectivity, as foreseen by our predictions, ranging from the greater use of automated identification and data capture (AIDC) and stronger resolve for more omnichannel logistics solutions. Customers Pushed For More OmniChannel Logistics Solutions, and They Got It.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Omnichannel Supply Chain Software Procurement Solutions 120

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

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

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

GlobalTranz

MARCH 15, 2018

From the Blockchain in Trucking Alliance (BiTA) to the use of the internet of Things, explains i-Scoop , intelligent supply chain management is changing the game for traditional warehouses, retailers, consumers, and employees alike. Through better tracking, companies can reduce costs and stay competitive with Amazon.

Supply Chain Design Software 188

Supply Chain Design Software Supply Chain Software Prescriptive Analytics Software Supply Chain Design 188

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

GlobalTranz

MAY 2, 2017

Meanwhile, failure to notify consumers about out-of-stock items during purchase could result in the permanent loss of a customer. For example, consumers can purchase products online from one Walmart store and pick them up at a different location within a day or two. Retail Is Becoming More of an Omnichannel, Multi-Channel Experience.

Inventory Management Software 120

Inventory Management Software Inventory Reduction Inventory Management Procurement Analytics 120

Talking Logistics

APRIL 25, 2019

As direct-to-consumer orders continue to increase, this trend in purchasing behavior is also driving the push for agility in MHE. 2 The shift to a hybrid omnichannel model. To manage both individual parcels and pallets, the hybrid omnichannel model is gaining popularity to balance the requirements of different order sizes.

Material Savings 126

Material Savings Modeling Software Supply Chain Planning Software Analytics Software 126

GlobalTranz

APRIL 13, 2018

The management lies in the hands of e-commerce and omnichannel sales strategies. Customer service is more important than ever, and customers expect purchases to arrive at record speeds with free or low-cost shipping, says GlobeCon Freight Systems. However, the power of B2C services and sales must not be overlooked.

Supply Chain Software 130

Supply Chain Software Supply Chain Strategy Supply Chain Optimization Supply Chain 130

GlobalTranz

FEBRUARY 6, 2017

Amazon’s purchase of Kiva Robots changed the landscape of robotics in the supply chain. In other words, robots will gain new movements, capable of picking items from shelves in warehouses and storefronts. Technology Will Reshape Procurement Practices. Top 5 Trends to Know to Compete with Amazon’s Supply Chain.

Supply Chain Planning Software 120

Supply Chain Planning Software Procurement Analytics Manufacturing Procurement Trends 120

GlobalTranz

JANUARY 18, 2019

The decision to invest in a cloud-based warehouse management system (WMS) is often the result of sub-par systems in operation within the exclusive supply chain. Although cybersecurity may not seem like a significant issue for the modern warehouse, cybersecurity is critical to guaranteeing customer support in building brand value.

Modeling Software 159

Modeling Software Demand Planning Software Logistics Network Optimization Software Supply Chain Software 159

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

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

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

GlobalTranz

NOVEMBER 20, 2018

As a result, brick-and-mortar retail has become more focused on digital inventory management, a building block in the road to omnichannel supply chains , than in the past. Warehouse Managers need to understand why this is happening, its implications, and how digital inventory management can benefit brick-and-mortar retail.

Inventory Management Software 121

Inventory Management Software Inventory Management Supply Chain Planning Software Inventory 121

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Instead of pushing costs and waste backwards in the supply chain, companies should redesign for value-based outcomes. I order 75% of my purchases online.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

GlobalTranz

APRIL 5, 2016

Predictive analytics , which identify the intrinsic inefficiencies in simple processes that did not warrant in-depth review in response to the Great Recession. For example, the Cerasis Rater enables rapid reporting, tracking of KPIs, and review of asset-allocation quickly and easily. Warehousing and E-Fulfillment.

Logistics Network Optimization Software 120

Logistics Network Optimization Software Negotiating Skills 3PL Purchasing Skills 120

Unleashed

JUNE 23, 2021

Multi-warehousing efficiencies. Inventory analytics goes mainstream. Warehouse automation. Connected omnichannel services. And in terms of inventory management the cloud is key to: Tracking inventory location and levels in real time, even for remote warehouses. Accurately plotting costs based on live data.

Inventory Management Software 80

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

GlobalTranz

FEBRUARY 7, 2018

While most brands have already integrated live system tracking, secure data exchange processes, and visibility and traceability throughout systems, the use of cloud-based technologies will begin to have a major impact on procurement processes as well, says Marc Wins of Procurement Academy.

Supply Chain Design Software 170

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Optimization Software 170

Logistics Viewpoints

JUNE 8, 2023

Omnichannel Fulfillment: Unlock new fulfillment options to offer customers additional flexibility and speed. Sustainability: Reduce the carbon emissions impact of last-mile operations by adopting green fleets and implementing emissions reporting. Cost is an important consideration as well.

Modeling Software 234

Modeling Software Optimization Software Supply Chain Network Software Logistics Network Optimization Software 234

Talking Logistics

FEBRUARY 7, 2019

If you could tell a warehouse manager back in 1980 that someday robots would be working alongside humans in the racks, or that individual items could be tracked and traced in real time, they would have laughed it off as science fiction. Prepare for Major Changes in Manufacturing and Warehousing.

Supply Chain Software 148

Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Strategy 148

The Logistics & Supply Chain Management Society

SEPTEMBER 25, 2020

Does incoming inventory have a pre-designated place within the warehouse or is it placed randomly? Is data entry manually done at various systems within the warehouse? Is your warehouse systematically organised to help your warehouse personnel with picking and packing of orders? Same set of data flows through the chain.

Prescriptive Analytics Software 20

Prescriptive Analytics Software Agile and Lean Supply Chain Supply Chain Planning Software Inventory Management Software 20

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

Logistics Viewpoints

NOVEMBER 30, 2020

On November 18 th , Target Corporation reported its third quarter earnings. In one article from a few years ago a pundit said, “The dirty little secret about omnichannel that is not getting nearly enough attention – omnichannel can cost a lot more than simply running stores.” A buyer now “purchases for one business.”

Procurement Analytics 100

Procurement Analytics Forecasting Inventory Reduction Eliminating Excel in Purchasing 100