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Inventory / Merchandising / Supply Chain

Supply chain challenges are mounting for many retailers, especially those operating in multiple regions of the country and abroad. Consumers expect to be able to order and purchase products via any channel, then have them delivered to their channel of choice – and quickly! New technologies are providing the ways and means for merchants to deliver on the promise of omnichannel excellence. Now retailers must find the best ways to implement new solutions to stay competitive.

Mi9 Retail Acquires JustEnough Software

Mi9 Retail has acquired JustEnough Software, a demand management solutions platform. Financial terms have not been disclosed. With the acquisition, Mi9 Retail brings planning, allocation and replenishment solutions into its platform of analytics-driven merchandising, store and digital commerce solutions.

REI Implements Allocation Planning Chainwide, Enhances Localized Assortments

  • Published in News Briefs
REI has successfully implemented the TXT Retail solution for Allocation Planning across its 150 stores nationwide. The consumer co-op and specialty outdoor retailer also is expanding its use of TXT Retail’s merchandise lifecycle management suite with the Assortment Planning solution, designed to help REI accelerate its creation of customer-focused assortments…
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How Amazon Flexes Its Private Label Muscle

Amazon has a number of powerful assets, from logistics expertise and one-click payments to its quasi-captive audience of Prime members. But one of its strongest weapons flies almost under the radar: the retailer’s growing “muscle” in private label. “Amazon has access to more customer search and purchase data than anyone else,” said James Thomson, Partner, Buy Box Experts. “This data, properly analyzed, gives Amazon a huge advantage over all brands, most of which can at best buy scanner data from the odd retailer. With its own customer data, Amazon is able to know the product gaps and price points that are likely to succeed.”

HighJump Supports Amazon Seller Self-Fulfillment

  • Published in News Briefs
Supply chain solutions provider HighJump now supports the Amazon Seller Fulfilled Prime program, which allows retailers and manufacturers — especially SMBs — to deliver products to customers from their own fulfillment centers. The company said the program will enable businesses to handle storage, packaging and distribution in-house.
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1:1 With CIO McNamara: How Target Achieved 25% Digital Growth In 2017

With mobile devices in the hands of employees across all 1,800 stores, Target was able to boost its digital business by more than 25% during 2017, said Mike McNamara, Chief Information and Digital Officer, in an interview with Retail TouchPoints. After a quick trial in late 2016, Target has now distributed upwards of 50,000 new mobile devices to all stores, with about 25 to 45 per store. “They were a big hit with the stores immediately,” said McNamara. The devices — TC51 mobile computers— are supplied by Zebra Technologies.

Groupe Dynamite Implements Oracle Retail Merchandise Planning Platform

  • Published in News Briefs
Groupe Dynamite has deployed Oracle Retail Merchandise Financial Planning Cloud Service to drive inventory efficiency and productivity. The fast fashion retailer selected Oracle because it needed one unified global planning approach to drive inventory performance, flexibility to configure the interface and the ability to infuse data science into assortment prioritization,…
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Whole Foods Centralizes In-Store Merchandising

Whole Foods continues to exert more central control over its operations, naming SAS Retail Services, a division of Stamford, Conn.-based Daymon, as its single provider of in-store merchandising services, according to a recent report in the Washington Post. The retailer’s larger suppliers (those selling more than $300,000 worth of merchandise…
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RELEX Solutions To Launch New Floor Planning Solution At NRF

  • Published in News Briefs
RELEX Solutions, a provider of unified retail planning technology, will reveal a new Floor Planning solution at NRF 2018: Retail’s Big Show in NYC, Jan 14-16 (booth #715). The cloud-based SaaS model is an AutoCAD-compatible system designed to enable planning and store teams to fully collaborate on projects in real…
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New Kantar Consulting Firm Encompasses Retail, Brand And Marketing

Kantar has launched an integrated retail, sales and marketing consultancy, Kantar Consulting, by merging its four founding brands: Kantar Retail, Kantar Added Value, Kantar Futures and Kantar Vermeer. The new firm employs more than 1,000 analysts, thought leaders, software developers and expert consultants. Kantar Consulting will provide a range of…
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51% Of Shoppers Avoid Retailers With Strict Return Policies

As the holiday season concludes, retailers now must manage an influx of returns. This period is critical in setting the tone for the coming year: more than 63% of shoppers agree (and 35% of shoppers strongly agree) that if they have a negative return experience, they will not return to that retailer, according to research  from Promocodes.com. Strict return policies can inhibit many consumers from shopping at a specific retailer in the first place: 51% said they avoid shopping at retailers with strict return policies, and 29% strongly agreed with this statement.

Second Texas DC Supports Dollar General’s Growth

  • Published in News Briefs
Dollar General is supporting its aggressive store growth strategy with the addition of its 17th distribution center in Longview, Texas. Construction of the new facility, which will span nearly one million square feet, is expected to begin in early 2018. The new DC will serve more than 1,000 stores operating…
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Study: Outdated Planning Solutions Hamper Customer-Centricity

Retailers know that success in today’s environment requires them to align their systems and organizations around fulfilling customer-led demand. But outdated planning systems and the legacy of channel-specific inventories still present major stumbling blocks many retailers. Still, brands including Uniqlo, Zara and Bonobos have solved some of these challenges, in part by more closely aligning customer data with planning systems. In its 2017 Merchandise Planning Benchmark Survey, Boston Retail Partners (BRP) set out to gauge the current state of retail planning processes and systems, including merchandise planning, assortment planning and localization, store planning, allocation, omnichannel demand planning and space planning. “To innovate the customer experience, [retailers] must transform their disparate systems, processes and organization into one cohesive environment with the ability to offer customers a seamless shopping environment across any channel and the capability to deliver merchandise immediately — wherever it is needed,” according to the report.

Electronic Express Adopts Omnichannel Solution Suite

  • Published in News Briefs
Electronic Express has selected the Jesta I.S. retail platform to support its goal of unified commerce. The Nashville-based retailer, which was founded in 1983 as a single 80-square-foot store, has grown into the largest independent consumer electronics and appliance retailer in Tennessee. However, rapidly increasing e-Commerce sales had created a significant…
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Will Atlanta Be Amazon’s HQ2?

  • Published in News Briefs
There has been heavy speculation over where Amazon will — and should — break ground on its second headquarters, dubbed “Amazon HQ2,” which would host approximately 50,000 employees. A recent report hints that Amazon may be setting its sights on Atlanta. Amazon recently registered a lobbyist with the Georgia State…
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HyperX Improves Inventory Turnover, Forecasting With Supply Chain Solution

When you’re shipping more than three million hot commodity items after a period of rapid growth, you need to make sure your supply chain is in tip-top shape. This was the case for HyperX, the gaming division of Kingston Technology Company, Inc., a leader in memory products such as flash drives and SD cards. Since launching its first gaming headset in 2014, HyperX has expanded to keyboards, gaming mice and mouse pads. Fast forward to 2017 and HyperX has shipped more than three million gaming headsets to consumers.
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