Astera

AUGUST 3, 2023

In this era of digital transformation, technology plays an increasingly pivotal role in shaping the future of retail operations. EDI (Electronic Data Interchange) serves as a digital bridge, facilitating the seamless exchange of business documents and transactions between retailers, suppliers, and other trading partners.

Retail 52

Retail Supply Chain Documentation Digital Transformation 52

CMW Lab Blog

JANUARY 31, 2025

Case Study 1: retail supply chain transformation A national retail chain partnered with BPM consultants to upgrade its supply chain processes. BPM consulting in action Curious about the real-world impact? Here’s how businesses have already reaped the benefits of BPM consulting.

Business Process Management 52

Business Process Management Supply Chain Retail Procurement 52

Sisense

JANUARY 13, 2021

Pets Corner, part of the Pet Family group, is the second largest pet retailer in the UK. Getting smarter about data and how it is used has allowed Pets Corner to be more agile and make the right decisions at the right times to thrive in challenging retail and wider commercial conditions. In a few simple clicks, they’ve got answers.

Supply Chain 95

Supply Chain Procurement E-Commerce Business Intelligence 95

Astera

DECEMBER 10, 2024

Enterprises and organizations in the healthcare, financial services, logistics, and retail sectors deal with thousands of invoices daily. Basware AP Automation Baswares AP Automation solution is designed for procurement and finance teams. Its 2025, and manual finance workflows are a thing of the pastor at least they should be.

Procurement 52

Procurement Finance Documentation Monitoring 52

Data Pine

AUGUST 19, 2020

Inventory metrics can be common to different industries, and it is no surprise that you can identify one as a logistic KPI , but also see it listed as a retail KPI for instance. Additional adjustments for retail inventory metrics should focus on the reasons behind slow processing, lower amounts of new orders, or higher inaccuracies.

Supply Chain 114

Supply Chain Retail Visualization Monitoring 114

Data Pine

JANUARY 21, 2020

Streamlined procurement processes. And if this is the case, it’s more than likely that you have some form of a procurement department. Your procurement processes are vital to the overall success and sustainability of your business, as its functionality will filter down through every core facet of the organization.

Business Intelligence 103

Business Intelligence Business Intelligence Procurement Visualization 103

Watermark Learning

MARCH 4, 2025

For example, if a sales team keeps losing deals to a competitor with better pricing, a BA might investigate whether procurement inefficiencies are increasing costs. Case Study #1: A Retailer That Pivoted Before It Was Too Late Before the rise of e-commerce, a major retail chain relied almost entirely on foot traffic.

Supply Chain 52

Supply Chain E-Commerce Retail Planning 52

Astera

JANUARY 10, 2025

Retail and E-Commerce Retail and e-commerce sectors have high transaction volumes, multiple suppliers, and the need for fast inventory turnover. By automating invoice scanning, companies can ensure regulatory compliance, accurate record-keeping, and seamless integration with procurement systems.

E-Commerce 52

E-Commerce Supply Chain Logistics Healthcare 52

Data Pine

MAY 9, 2019

For instance, a retail store dashboard like the one above will greatly help the manager in knowing his/her customers’ behavior. Control your entire procurement operation. Industry or sector aside, procurement is the logistical heart of almost every businesses daily operations, and it extends further than tangible stock or goods alone.

Business Intelligence 108

Business Intelligence Business Intelligence Procurement Data Warehouse 108

Data Pine

FEBRUARY 9, 2024

Think of your business goals Many industries use KPI management solutions to isolate their strongest indicators, such as in the field of retail analytics. That’s not to say these indicators are the only choices for retail businesses, but they do make a solid starting point. Retail: When will my customers spend more money?

Procurement 88

Procurement Supply Chain Retail Monitoring 88

Data Pine

JANUARY 18, 2023

Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others. With the possibility to filter, drill down, and interact with the data, this intuitive procurement dashboard offers key information to ensure a healthy relationship with suppliers.

Procurement 80

Procurement Logistics Retail Visualization 80

Sisense

JANUARY 13, 2021

Pets Corner is a leading brick-and-mortar and online retailer, specializing in pet products of all kinds. In procurement, saving time on reporting has allowed the team to focus on developing new products, improving the supply chain, and performing other tasks that will generate revenue for the business. Toward a brighter future.

Supply Chain 59

Supply Chain Procurement E-Commerce Finance 59

Data Pine

JULY 11, 2019

One example comes from the retail industry: This retail KPI shows the total volume of sales and the average basket size during a period of time. The metric is extremely important for retailers to identify when the demand for their products or services are higher and/or lower. Choose your layout carefully.

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Visualization Data Visualization Retail Real-time Data 127

Inflexion Analytics

APRIL 18, 2024

As highlighted by 73% of chief procurement officers, these fluctuations may significantly impact supplier relationships in the coming years. Notably, a British online fashion and cosmetic retailer is leveraging intelligent systems for logistics, allowing the business to optimize inventory management and make informed decisions.

Supply Chain 52

Supply Chain Artificial Intelligence Retail Logistics 52

Monday

JULY 2, 2021

With all this information swirling around for your procurement team — or anyone else who needs to purchase something for your company — it’s critical to have a clear and effective process for any buying on the company’s behalf. Sending purchase orders to different stakeholders in the approval or procurement process.

Procurement 52

Procurement Finance Documentation Monitoring 52

Data Pine

APRIL 22, 2020

That said, when creating or developing data-driven dashboards, it’s vital that you focus on the most relevant data while working with the right benchmarks, no matter if you need to work on HR KPIs , procurement or marketing. Investor Relations Dashboard. click to enlarge**. An invaluable tool for the modern eCommerce entrepreneur.

Digital 75

Digital Visualization Retail Data Visualization 75

Clarasys

MARCH 3, 2022

The supermarket might also give responsibility for sustainability to the head of procurement, as this person will make sure every organisation in the supply chain shares similar values and is taking responsibility for its own emissions. For example, the national supermarket might decide to procure a new fleet of electric delivery vehicles.

Supply Chain 52

Supply Chain Procurement Data Architecture Information Technology 52

Astera

AUGUST 1, 2023

From retail and healthcare to manufacturing and logistics, businesses across a diverse array of sectors are embracing EDI as the universal language of data exchange. Standards such as EDIFACT and X12 subsets are tailored to retail-specific transactions, including purchase orders, invoices, and product catalogs.

Supply Chain 52

Supply Chain Retail Healthcare Documentation 52

Clarasys

MARCH 31, 2022

The supermarket might also give responsibility for sustainability to the head of procurement, as this person will make sure every organisation in the supply chain shares similar values and is taking responsibility for its own emissions. For example, the national supermarket might decide to procure a new fleet of electric delivery vehicles.

Procurement 52

Procurement Supply Chain Data Architecture Information Technology 52

Data Pine

MARCH 25, 2022

You will need to work with your retail analytics to understand what products will work. Procurement: Is it possible to outperform my supply delivery process? ** Click to enlarge **. For example, let’s say that your hypothetical e-commerce store sold boutique women’s fashion. But let’s dig deeper into other industries.

Business Intelligence 105

Business Intelligence Business Intelligence E-Commerce Predictive Analytics 105

Astera

AUGUST 2, 2023

These processes were slow, error-prone, and cumbersome, particularly for sectors like retail where hundreds of such documents changed hands on a daily basis. This innovation facilitated seamless data interchange, profoundly impacting a number of business sectors including retail, logistics, and healthcare.

Digital Transformation 52

Digital Transformation Digital E-Commerce Supply Chain 52

Data Pine

JUNE 27, 2019

A SaaS company will have different core areas than retail, but as we already mentioned in the article, sales and marketing are usually always important. Other relevant areas might be customer support, HR, IT, procurement, etc. Each business needs several core areas to function properly and generate growth.

Visualization 98

Visualization Vision Digital Procurement 98

Insight Software

APRIL 15, 2021

Let’s explore an example in the retail sector: a retail chain that sells children’s clothing. In a top-down planning approach, after careful analysis of company-wide sales data, the retail chain owner identifies the company’s best-selling item: children’s overalls.

Planning 52

Planning Retail Procurement 52

Astera

JUNE 14, 2023

Supplier/Procurement Model: Suppliers provide goods or services to meet business procurement needs. Novartis, a medicine company, using the platform to manage data from retailers, enabling them to make accurate forecasts and informed decisions. This allows it to adapt to changing business needs.

Procurement 40

Procurement Data Security Monitoring Retail 40

Data Pine

JUNE 22, 2022

For example, if you own a retail business and want to improve your logistics processes, you can look into what successful companies in the logistics industry are doing and generate attainable objectives for yourself. The SUM is a metric that tracks the percentage of spending that is actively managed by the procurement manager.

Procurement 61

Procurement Monitoring Logistics Retail 61

Monday

MARCH 31, 2021

It tracks your products from fundamental ingredients to finished goods delivered to your customer or retailer. Products are the completed items that you deliver to the final customer or retailers. Will you partner with retailers? Logistics: handle materials and deliver the products to customers or retailers.

Supply Chain 52

Supply Chain Retail Big Data Real-time Data 52

Astera

JUNE 14, 2023

Retail Point-of-Sale Systems: These systems enable retailers to process sales transactions, manage inventory, and track customer purchases. Supply Chain Management Systems: These systems enable businesses to manage their supply chain operations, including procurement, inventory management, and logistics. What is OLAP?

Supply Chain 40

Supply Chain Data Warehouse Financial Analysis Real-time Data 40

Astera

JULY 7, 2023

They directly impact your business cycles, from procurement and production to order fulfillment and customer service. For example, healthcare organizations must comply with HIPAA (Health Insurance Portability and Accountability Act) regulations, while retail businesses may need to adhere to GS1 standards.

Documentation 52

Documentation Supply Chain Healthcare Procurement 52

Business Bullet

JULY 3, 2021

So procurement quite often has their own sort of policies to use. The book is available from www.koganpage.com and all major print and e-book retailers. Helen Winter. And then when writing the RFP, then it’s making sure that what questions you want to do or ask.

Procurement 52

Procurement Business Analysis Business Analysis Retail 52

Data Pine

FEBRUARY 23, 2023

For instance, our example bubble plot showcases the relationship between a mix of retail product categories, primarily the number of orders and profit margin. The example above is tracking the percentage of purchases in time and budget from a procurement department.

Data Visualization 71

Data Visualization Visualization E-Commerce Procurement 71

Insight Software

AUGUST 15, 2024

Broadly defined, the supply chain management process (SCM) refers to the coordination of all activities amongst participants in the supply chain, such as sourcing and procurement of raw materials, manufacturing, distribution center coordination, and sales. Distributors and retailers then distribute and sell the products to end-users.

Supply Chain 52

Supply Chain IBM Support Procurement IBM cost 52

Insight Software

NOVEMBER 16, 2021

Logistics managers’ top concerns are procuring the right number of resources at the right time, transporting them to the correct location in good condition, and delivering them to the right customer. Importance of Monitoring KPIs for Logistics Managers. Poor logistics management could easily impact the business’s bottom line.

Logistics 84

Logistics IBM cost IBM Maintenance IBM Support 84

Insight Software

JANUARY 31, 2022

With cloud migration that means making upgrades, licensing, procurement and maintenance simpler with software-as-a-service (SaaS) models. Three of the most important of these are: cloud migration, data standardization, and interoperability. The aim of technology in finance is to remove friction.

Finance 52

Finance IBM Support IBM Maintenance Supply Chain 52

Insight Software

NOVEMBER 15, 2021

If the technological enhancements entail the procurement of better data, then it can help support the organization’s tax positions. If an organization’s tax functions focus on technological advancements, then it can impact the factors that directly affect the ETR. Good quality data can help the organization avoid audit adjustments.

IBM Maintenance 52

IBM Maintenance IBM Support IBM cost Planning 52

Cprime

FEBRUARY 18, 2025

Example: A retailer struggling to optimize inventory may face stockouts in one location and excess stock in another, simply because inventory data is not synchronized across stores, warehouses, and suppliers. Example: Take a global manufacturer relying on email chains and spreadsheets to track procurement.

Supply Chain 52

Supply Chain E-Commerce Retail Real-time Data 52