Navigating the Future: Insights from the FMI Supply Chain Forum
The 2023 FMI Supply Chain Forum brought together professionals from various sectors, including retail, consumer packaged goods (CPG), manufacturing, and third-party logistics, to discuss the pressing issues and opportunities in the food industry. Having attended the event, I’ll delve into key takeaways from the forum…
Honey, I Shrunk the Merchandise! How Missing Merchandise Hurts Retailers
Having started my retail career at the age of 17, I speak from experience when I say…retail is a hard business! In my 30+ years working in retail I often said, “Retail, you’ve got to love it…especially if you are going to make a career…
AI in Commerce: Takeaways from The Edge Summit
In a soon-to-be released survey conducted by Blue Yonder, 97% of the retail executive respondents stated it was a priority to adopt AI for omni-channel applications. That’s a big number, but it’s also not surprising. I just had the privilege of attending a timely and…
Understanding the True Value of OMS: Seven Signs of Optimization
Having a disjointed view of inventory and customer data across both physical and online channels is no longer an option for retailers. Effective order management in the present day requires end-to-end connectivity of intuitive, automated solutions that can optimize customer data and ensure a supply…
Blue Yonder’s Analyst Workbench Arms Your Team with Actionable Data
This blog was cowritten by Sukesh Dixit, Product Director, and Nina Seth, Marketing Director. For the past few years, supply chain uncertainty has tested every company. The world’s supply chains have been stalled by challenges like labor capacity, imperfect inventory positioning, unpredictable supply, rising costs,…
Calibration and Sharpness: The Two Independent Aspects of Forecast Quality
What Is a Good Forecast? Forecasts are like friends: Trust is the most important factor (you don’t ever want your friends to lie to you), but among your trustable friends, you prefer meeting those that tell you the most interesting stories. What do I mean…
How Do Consumers Feel About Retail’s Evolving Return Policies?
Consumers who have recently needed to make a return after shopping at a retailer might have noticed some extra fine print at the check-out counter. Over the past several months, many retailers have tightened their return restrictions, whether that means shortening the return window (e.g.,…
Inventory Distortion Will Cost Retailers $1.77 Trillion in 2023. Here’s How Blue Yonder Can Help.
It’s always been challenging for retailers to put the right product in the right location at the right time. But the past several years have made it seem nearly impossible, thanks to fast-changing consumer needs, increased competition, the growth of omni-channel, supply shortages, and transportation…
Building a Business Case for Order Management Transformation
Supply chain and order management transformation in the retail space is a must, but how many organizations actually know what the results of their investments will be, from day one? It’s time to re-evaluate the business case for this strategic overhaul. It sounds like an…
Why B2B Companies Need To Accelerate Their Digital Transformation
As the world is becoming more omni-channel, digital enablement is becoming more and more pervasive. In addition, consumers are raising their levels of expectation when it comes to the buying experience. B2B companies are not excluded from this expectation. A new generation of B2B buyers…