Visibility Software: Page 16

Sourcing Solutions

$743 Billion in Merchandise Returned in 2023

National Retail Federation (NRF)

Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in merchandise in 2023.

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Risk/Compliance

3 Ways Supply Chain Managers Can Lessen the Blow of Disruptions

In an attempt to lessen the blow of supply chain disruptions, here are 3 things supply chain managers can do to guide their business through the rocky terrain.

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Sourcing Solutions

Rebates Can Help Trading Partners Build Stronger Relationships in 2024

It has never been more critical for trading partners to prioritize their relationships, and technology will be an integral part of this process in 2024.

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Online Returns Could Rake in $82.1B This Holiday

E-commerce sales are predicted to increase by 7% this holiday season to $273.7 billion, according to the National Retail Federation. CBRE calculates a maximum value for this season’s returns of online purchases at $82.1 billion.

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Sourcing Solutions

Managing Retail Returns Requires a Balanced Approach

By understanding why returns are happening and taking responsibility for volumes, retailers can put in place corrective actions that address the impact returns have on retail’s traditional linear, go-to-market-oriented supply chain.

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It’s the Most Wonderful Time of the Year: Or Is It?

By implementing these strategies and fostering strong partnerships with suppliers and retailers, consumer product manufacturers can optimize their seasonal product management, ensuring they never miss critical demand periods.

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Procurement Software

Procurement in the Cloud

Whatever model you choose for procurement, it’s important to remain aware of the tradeoffs involved and to approach the cloud as part of a larger digital strategy for procurement and the enterprise more broadly.

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Sourcing Solutions

How Returns Are Utilized to Navigate Large Disruptions

By ensuring that you have transparency through the entire supply chain, you’ll be equipped to stay agile and make smarter decisions about inventory stocking, pricing and restocking.

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Financial Management Software

Managing the Holiday Procurement Hustle: Alexis Asks

Managing editor Alexis Mizell-Pleasant asks industry experts. Preparation and mitigation of risks will not only result in a smoother holiday season but also contribute to long-term customer satisfaction and set a good foundation for next holiday season.

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Risk/Compliance

Optimizing Raw Material Procurement: Building Supply Chain Resiliency

ION Commodities

The turbulence in global supply chains over the past 18 months underscores the need for businesses to rethink their procurement and risk management approaches, especially those in the raw material sector.

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Sourcing Solutions

From Tactical to Strategic: Transforming Legacy Procurement

E-Procurement systems offer many fixes, but if they are not optimized for your specific business needs, you could be missing out on opportunities.

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Three Signs That Your Business Would Benefit From an ERP

ECI Software Solutions

By continually updating and investing in the latest technology, organizations position themselves to be driving efficiency.

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