Archive for Retail

Integrated Assortment Planning: A Vital Capability for Retailers

In today’s changing market dynamics, the retail business is getting more competitive by the day. Increasing competition by online marketplaces, along with evolving consumer expectations and shopping patterns are making the category management decisions more complex. As customers’ options increase, so do their expectations. Assortment planning decisions made by these teams need to be more dynamic and localized as manual analysis based on broad assumptions and averages do not suffice anymore. Here are the vital capabilities for surviving in the new world of retail.

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Editor’s Choice: Retailers: Is Your Transportation Strategy Ready for Peak Season?

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This week’s post comes from Logitsyx Technologies. Now is the right time for retailers to review their transportation strategy and consider the lessons they’re learning during the coronavirus pandemic.  For example, is the transportation strategy flexible? Is it scalable?  Has it met the demands of this unusual environment? Or are changes necessary? Here are six opportunities for retailers to optimize their transportation strategy to meet 2020’s peak season challenges.

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Amazon, FedEx, and UPS Prepare for the Post COVID World

The post COVID world will likely look a lot different than what we experienced just a few short months ago. As economies begin to open, restrictions abound and are likely to remain in place until a vaccine is created and administered across the country. In this post COVID world, the supply chain will continue to be a key cog in ensuring that the economy can function, and home deliveries will be the new normal for more and more of our retail needs. To that end, Amazon, FedEx, and UPS have put changes in place to deal with the changing nature of customer demands and interactions.

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Digital Transformation in Retail

A few months ago, I attended the ARC Advisory Group’s Industry Forum in Orlando. While I was there, I had the opportunity to sit down and interview a few ARC analysts including Craig Resnick, Harry Forbes, Inderpreet Shoker, and Jim Frazier. I also had the opportunity to sit down with Ed O’Brien and discuss digital transformation in the changing retail landscape. Specifically, I asked Ed about three main things. First, the role of digital transformation […]

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Conflicting Realities in the Face of COVID-19

The future remains uncertain as the country continues to combat COVID-19. A big question facing the nation is when and how to re-open the economy. While some states are pushing to re-open their economy (or beaches, in the case of Florida), others are cautioning that doing so too early would be socially irresponsible and bad for the economy. The ongoing pandemic has put added strain on the global supply chain, with companies exploring new fulfillment […]

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Weather-Influenced Demand Forecasting in 2020

It is 2020; we now have reasonably accurate short-term weather forecasts. NOAA, the National Oceanic and Atmospheric Administration in the US, reports that the five-day weather forecasts are approximately 90 percent accurate, 80 percent for the next seven-days, establishing an acceptable level of accuracy for this crucial external input for supply chain planning, especially short-term demand forecasting. Kudos to those writing about the way weather influences consumer demand. Some articles go back a decade or […]

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The Ongoing Impact of Coronavirus

Coronavirus continues to impact the world, stunting supply chains and the global economy. The impact has been far reaching, and at Logistics Viewpoints, we have documented many areas of concern, including the impact on manufacturing supply chains in Southeast Asia, the automotive and pharmaceutical supply chains, the high-tech supply chain, and the impact on retail. Steve Banker has also recently highlighted 20 things to keep in mind as we make contingency plans for the impact […]

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BJ’s Wholesale Clubs Competes Based on Sheer Supply Chain Efficiency

Amazon gets plaudits for their supply chain innovation. But when it comes to sheer cost savings driven by supply chain efficiencies, it is hard to beat BJ’s Wholesale Clubs. Traditional brick-and-mortar retailers are said to be struggling because of Amazon. There is research that shows wholesale clubs and supercenters have been the bigger threat.

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Editor’s Choice: Retailers Vaccinate Supply Chains Against Coronavirus

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Coronavirus, and the supply chain impact are being felt worldwide. As my colleague Steve Banker and I wrote about last week, coronavirus is leaving its mark on the global high tech supply chain as well as the automotive and pharmaceutical supply chains. Yesterday I read a blog from Logistyx […]

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The Retail Supply Chain Revolution

There is a revolution in retail supply chains. The rapid growth in ecommerce is driving technological innovation and experimentation at an uprecedented rate.

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