Retail Optimization
What Happens to Retail in Fall 2020?
As retail companies enter the traditional “back-to-school” selling season, we must acknowledge there is nothing traditional about BTS 2020. Organizations across the world have been forced to pivot selling and inventory strategies to address the many is
Retail Store Location Planning – Creating Balance, Driving Profit
The fundamental challenge in retail is one of balance. More specifically, balancing the need to achieve the company’s fiscal objectives, execute effectively at the store level and satisfy customers. The sheer complexity of modern omni-channel retailing
Supply chain disruption happens. Logility can help.
Logility is closely monitoring the Coronavirus (COVID-19) situation around the world with a priority on doing what we can to protect the health and safety of our employees and support the business planning capabilities of our customers. Dealing with di
Covid-19 Retail: Cash, Product, and People
The retail industry, like many others, has been upended by Covid-19. There is a very clear & present danger that exists on the revenue line and this can quickly become an expense problem if not managed appropriately. With proper attention to key f
Supply Chain Wars: Episode V – The Corporation Strikes Back
The next episode in the Supply Chain Wars saga, Episode V – The Corporation Strikes Back is the second in a series of articles that follow a supply chain team’s efforts to improve their supply chain capabilities. The Star Wars movies have influenced ge
A Re ‘Tale’ as Old as Time – Part 1
You have the place and you have the merchandise. But, do you have your merchandise in the right place, at the right time to serve your customers? This is a tale as old as time, yet retailers continue to struggle on a daily basis. The ability to properl
My Video Call with Santa Claus
Update on the Christmas Express Supply Chain Around this time last year I had a call with the jolly old man of the north to talk over some ideas on how he and his army of elves might improve the Christmas Express Supply Chain (CESC). (Read A Phone Call
5 Steps to Building a Champion Retailer
The art of retail is to delight and serve a specific consumer demographic. Managing a successful retail business is combining this art with the science of excellent business strategies and objectives. Want to merge the art and science of retail plannin
Collections and Markdowns and BOGOs — oh my!
As the seasons and styles change, many retailers are faced with a dilemma: what to do with the left over inventory. Markdowns, clearance racks and BOGOs become the norm to make way for the new season or the latest collection. These sales may seem like
The 100 Billion Dollar Returns Question
Now that the holiday season is behind us, retailers can sleep easy, right? Well, no. Seasons are now both shorter and more frequent which means you quickly move on to the next one. However, a large and rapidly growing issue has emerged: the cost of ret