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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.

Former Frito-Lay Exec Joins IDC As Retail Analyst

Former Frito-Lay supply chain leader Victoria Brown has joined IDC Retail Insights as a Senior Research Analyst for the Retail Supply Chain. In this role, Brown will spearhead the supply chain research program, which covers topics that include inventory management, warehouse management, logistics and omnichannel distributed order orchestration. At Frito-Lay, Brown oversaw load balance and tracking distribution channels for the company’s third largest plant in North America. Brown previously held supply chain positions at VistaPrint and Procter & Gamble.

Bruneau Selects Symphony EYC G.O.L.D. To Optimize Supply Chain

  • Published in News Briefs
Bruneau, an online B2B provider of office supplies and equipment, has selected the Symphony EYC G.O.L.D. unified platform to optimize its supplier and inventory performance. The French retailer plans to deploy G.O.L.D. Master Data Management, Merchandise Management, Supply Chain Management and Warehouse Replenishment. Bruneau carries more than 15,000 SKUs across…
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Vestique Streamlines Business Expansion With Springboard Retail

SMBs that expand online and to multiple stores sometimes have issues scaling their POS systems, inventory management strategies and overall business reporting to meet and exceed growth objectives. Experiencing these challenges firsthand, women’s apparel retailer Vestique implemented Springboard Retail as its new POS system and to monitor inventory levels for its e-Commerce site and seven retail locations in North Carolina and South Carolina.

Jet.com Sets Sights On Amazon As Debut Nears

Although it has not sold a single product yet, online marketplace Jet.com is aiming to become top competition for Amazon, which has strongly claimed its place as an e-Commerce leader. How exactly is the company planning to do that when others have failed so severely? By providing consumers with 10% to 15% off their online purchases, according to company founder Marc Lore. Jet.com gained publicity after raising $220 million in numerous funding ventures, including a recent $140 million financing round led by Bain Capital. Despite not being open to the general public, the company already has a valuation of approximately $600 million.

Former eBay VP Joins Deliv Team

Deliv has onboarded Kenneth Pate, former VP of Product Management at eBay, as its new Head of Product. In his new position, Pate will be responsible for maintaining the Deliv experience for retailers, consumers, drivers and mall operators.  During his tenure at eBay, Pate led product and engineering teams to build a variety of retail products. His experience in helping retailers build world-class customer experiences will be invaluable as Deliv tackles its business goals for 2015 and beyond, according to Daphne Carmeli, Founder and CEO of Deliv.

Brooks Brothers Improves Supply Chain Visibility With GT Nexus

Brooks Brothers has expanded its cloud supply chain strategy using the GT Nexus platform. While the retailer has used the solution for procurement and settlement processes since 2007, Brooks Brothers now is using data from the solution to boost supply chain visibility, support international growth and reduce costs.The GT Nexus…
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Springboard Retail Brings POS And Inventory Management To The Cloud

Best-in-class retailers are merging their brick-and-mortar and e-Commerce systems to create a seamless customer experience across all channels. By integrating data, retailers also can provide associates with a comprehensive look at customer information, inventory and overall sales. Springboard Retail is spearheading this convergence with the introduction of a cloud-based retail management solution that includes POS, inventory management and CRM software. The comprehensive solution is designed to provide retailers with real-time data and equip them with tools to turn information into incremental sales. Associates and managers who access the system also have access to real-time inventory levels across every store, which empowers them to sell items that are unavailable in their own store, and ship them directly to the consumer.

57% Of Online Purchases Are Returned Due To Retailer Error

By analyzing returns data, retailers can better understand consumers’ preferences and behaviors. Additionally, this data can help organizations survey their internal supply chain and warehousing proficiencies. However, there is still plenty of work to be done as retailers strive to minimize return rates and maximize customer satisfaction, according to research from Voxware.

Infor CloudSuite Helps Improve Fashion Management And Collaboration

Fashion retailers are tasked to keep pace with the most recent trends, as well as competitor prices and customer demands. To boost sales and customer loyalty, these organizations must keep a constant pulse on trends and results, and improve collaboration across the entire business. Infor CloudSuite Fashion provides retailers with a suite of tools to manage the entire fashion process, from design, development and sourcing, to production, distribution, customer service and finance. The suite enables users to share real-time data such as sales revenues, product specifications, production plans and customer information.

Teikametrics FBA Opportunities Helps Amazon Sellers Optimize Inventory Management

Amazon Marketplace members have the opportunity to extend their brands and products to millions of consumers worldwide. However, some Amazon sellers do not have complete visibility into inventory levels, making it challenging for them to ensure all in-demand products are available.    Teikametrics, a provider of optimization technology for Amazon sellers, has introduced the Fulfillment by Amazon (FBA) Opportunities predictive reordering solution to help address this challenge. The FBA Opportunities dashboard identifies upfront potential profit within existing inventory supply and allows sellers to add profitable items into a purchase order.

Forever 21 Selects Oracle Retail To Improve Assortment Planning

  • Published in News Briefs
Fast fashion retailer Forever 21 is using Oracle Retail Merchandise Planning and Optimization solutions to better predict demand and align assortments to customer preferences and expectations. With Oracle Retail Assortment Planning and Size Profile Optimization, Forever 21 can create assortments based on factors such as neckline, price point and fabric,…
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Winning The Fulfillment Battle Against Amazon

To win the battle against Amazon, best-in-class retailers are investing in omnichannel inventory and order management. Up to 43% of retailers currently have enterprise-wide inventory visibility and 36% have rolled out real-time inventory updates. Watch this video to learn the four best practices to win the fulfillment battle.

Retailers Renew Focus On The Supply Chain

A recent survey conducted by KPMG International and the Consumer Goods Forum shows that the supply chain is the new top area of concern for retail executives, thanks to a renewed emphasis on growth. Together with new technologies like Apple Pay and an expected 72% increase in freight revenue by 2025, retailers are in now in need of long-term solutions to stay agile and responsive. To be competitive, their businesses must be supported by a fast, accurate and efficient supply chain.   Technology and the supply chain definitely go hand-in-hand, but cohesive management and vision of the technological complexities inherent in the supply chain are often a challenge. While the front-end retail experience remains in the limelight, the back-end must be absolutely accurate and lightning fast to support customer loyalty. Nevertheless, many retailers still rely on a combination of legacy IT systems and manual processes to manage their back-end order fulfillment and distribution. Orders may come in quickly via the iPhone, but they're fulfilled by a team of hardworking people supported by a patchwork of IT tools.
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