Getting Smarter About AI in Retail Planning [Video]
Volatile consumer demand. Soaring expectations for service and responsiveness. Endless purchasing options. How can retailers expect to succeed? The answer lies in using artificial intelligence (AI) to gather data and make fact-based, strategic decisions — no matter how many internal and external factors are involved….
Is S&OE the new S&OP?
During a recent dialog with a Vice President of Supply Chain for a major U.S. retailer, I had the opportunity to ask an important question. I asked how much of that Vice President’s time was spent on truly strategic supply chain planning projects vs tactical…
Personalization Across the Supply Chain
A couple of years ago, the concept of having everything personalized arose. It was not marketing tactic, but was a pending reality with consumers willing to be different. Moving from a mass market where one product-fits-all to a personalized offer was, and is still, an…
Resiliency; the Fine Art of Balancing E-commerce & Brick and Mortar Investments
This past week, Forever 21, a fast-fashion apparel retailer with over 700 stores and 30,000 employees worldwide announced filing for Chapter 11. While the news struck the retail world, they aren’t the first large format retailer to announce store closures to re-center themselves and focus…
5 Consumer Perceptions of the U.S. Trade War with China and Holiday Shopping
If you’ve ever watched a game of ping-pong from the sidelines, you know how dizzying it can be to keep up with the fast-paced changes of the sport. The ongoing trade war between the U.S. and China has been a ping-pong-like match for the ages,…
Retail Pricing: How Leading Retailers Are Leveraging AI to Fight Back
The first blog in this two-part series focused on the primary challenge facing retailers today: mega-retailers have forced prices down, based on their economies of scale and hyper-optimized supply chains. Smaller retailers have responded by creating short-term promotions that draw shoppers into the store, but…
Retail Pricing: Understanding How Power Shifted to the Consumer
Remember the good old days when retailers controlled pricing? With limited competition, they were able to offer standardized assortments across all their sales outlets, purchased in a manner that delivered the lowest possible unit cost. Pricing was based on a set of established rules, defined…
Dealing with Risk, Uncertainty and Tariffs: What the Recent Tariff Delay Means for Retailers
What’s the scariest part of a horror movie? Knowing there’s a killer in the house but not knowing when or where they’ll strike. That’s sort of what retailers are going through right now with the whipsaw nature of the trade war with China. You know…
How JDA Software is Helping Fresh Retailers with AI [Video]
Supply chain planning and execution is critical to grocery store success. JDA’s GVP Solutions Strategy, Fab Brasca, provides insight on identifying problems and having practical and repeatable solutions that can help profit and customer satisfaction. In the video below, hear from Fab as he offers…
4 Consumer Trends You Need to Know Now
Consumer trends come and go, yet the value of how they impact retail remains the same. JDA recently conducted a survey of more than 1,000 consumers to explore how some of retail’s latest trends are influencing consumers. The core findings of this survey revealed that:…