Remove Examples Remove Purchasing Remove Webinar
article thumbnail

AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

So argues Greg Petro, CEO of First Insight , a retail platform that uses AI analysis of consumer feedback to predict demand, determine pricing thresholds and model scenarios around, for example, differing tariff levels or supply chain bottlenecks.

article thumbnail

STILL presents energy system webinar

Logistics Business Magazine

The intralogistics and energy experts of the Hamburg-based intralogistics provider STILL gave a comprehensive overview of the different energy systems during a recent “Energy” webinar and explained the advantages and disadvantages of each system in a clear and hands-on way. It is about two to three times as high.

Webinar 67
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Supply Chain Managers & Procurement Should Collaborate

GlobalTranz

For example, subscription-based services, such as self-driving car giant, Tesla, and the shaving guru, Dollar Shave Club, are able to collect an insurmountable amount of data on consumers, feeding back into the company’s forecast model. This led to subpar purchasing practices and a limited supply chain value. The Big Picture. .

article thumbnail

5 Pitfalls To Avoid When Selecting Supply Chain Software

GlobalTranz

You may opt to organize your business into an independent third-party logistics provider (3PL), or you may want to purchase software for tracking, monitoring, and processing all of your needs. However, you must factor in the cost of purchasing an ERP system and compare it to the cost of purchasing an individual TMS , or SCM system.

article thumbnail

Return Merchandise Authorization: What is RMA and Common RMA Policy Attributes

GlobalTranz

Let’s take a look into how RMAs function and some common examples of RMA policy. For example, a business may sell 1,000 items online or for remanufacturing companies who have core returns, and 25 percent of such items are sent it for returns due to a manufacturing defect. Common Examples of RMA Policy. Product Quality.

article thumbnail

3 Reasons Continuous Innovation is Vital for Manufacturers, Shippers, and Businesses Alike

GlobalTranz

This occurs as more consumers have sought out ways to purchase goods or services online due to increasingly chaotic and intensive work schedules or inability to reach your business due to location. No matter the size or location of a business, an up-to-date and advanced IT department will always triumph over many other forms of commerce.

article thumbnail

The Ever Increasing Importance of Focusing on LTL Management as LTL Use Increases

GlobalTranz

For example, a business may order a specific number of items, which would be too minute to warrant transport via rail or traditional truckload. Larkin calculates that LTL revenues are down to just 12% or so of the truckload market, for example. This amounts of 126 million different purchases within 24 hours.