Fulfilment in omnichannel-retailing: the key trends to return to growthJeffrey de Visser & Maurice Uiterweerd
Supply Chain Analytics: how analytics can lower inventory, increase availability and decrease transportation cost
- Due to the increase of ecommerce orders retailers’ distribution networks becomes increasingly complex. By applying big data and advanced analytics retailers can simplify their distribution networks and dynamically optimize routing. State of the art transport management systems incorporate business intelligence capabilities enabling this distribution network and dynamic optimization.
- Retailers are facing more volatile demand, unpredictable returns and a growing assortment. Because of this volatility and unpredictability forecasting accuracy seems to be under pressure. Meanwhile customer requirements in terms of product availability have only increased. Our experience shows that big data is an important tool to handle increased volatility and unpredictability. Incorporating these complexities enables retailers to significantly improve forecast accuracy, resulting in decreased inventory levels and increased product availability.