Companies striving to accelerate their business intelligence journeys must achieve several important early milestones. Once they are successfully integrating and interpreting different external data s[...]
Supply chain network design should be a key part of every organization’s supply chain optimization strategy. Managing an optimized supply chain network is a delicate balance between reducing transport[...]
A recent Forrester Consulting Total Economic Impact™ (TEI) study showed a potential total cost of ownership (TCO) reduction of 3.4 percent and a return on investment (ROI) gain of 109 percent for comp[...]
Today’s empowered shoppers want to choose from a multitude of products and delivery options and expect immediacy, convenience and simplicity. Competing against Amazon and other retailers with extensiv[...]
Business intelligence (BI) programs continue to grow rapidly in quality and scope reflecting the proliferation of digital data. IDC estimates a 26 percent five-year compound annual growth rate (CAGR) [...]
Having the right systems in place is a core pillar of successful supply chain operations. Too little technology, and you miss out on key data and knowledge to keep operations running smoothly. Too muc[...]
The traditional planning process is theoretically straightforward: identify what to sell, to whom, at what price and then ensure the product is where it should be when needed. This is, of course, simp[...]
Knowing the customer better than the competition empowers your organization to create better assortments, personalized promotions and marketing campaigns to drive sales and enhance customer loyalty. T[...]
Inventory has far-reaching implications – impacting margins and profitability, fulfillment timeframes and customer service. Inventory costs have risen every year since 2012 with most retailers and dis[...]
How thorough is your freight audit process and what intelligence are you able to glean from your Freight Audit and Payment (FAP) program? Given the complexity of transportation invoicing and the valua[...]
On Sunday, May 30, 2021, the world’s largest meat processing company determined it was the victim of an organized cyberattack, which affected servers supporting its IT systems in Australia and North A[...]
Inventory ties up the largest amount of working capital for most omnichannel organizations and typically represents one of the largest costs of goods sold. Thus, it presents a strategic opportunity fo[...]
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