How to understand the art of forecasting for retail promotions

Promotional forecasting is complex. The knock-on challenges it creates along the supply chain – from ordering raw material and packaging, through to managing stock levels at depots and at individual stores – beg the question of why supermarkets run promotions in the first place? The answer is quite straightforward. A buyer’s objective is to maximise profit through growing sales, reducing costs, and managing the percentage margin mix. Promotions help to

Taking a smart approach to dock appointment scheduling

Whether managing the complexity of fresh food or meeting customer promises for rapid delivery, the efficiency with which retailers and suppliers manage the inbound and outbound processes within the Distribution Centre (DC) or warehouse is critical. From ensuring the right resources are in place to effectively prioritising activity based on a range of criteria, Pól Sweeney, Vice President of UK Sales and Business Management at Descartes, outlines the transformation in the

FTA

Comment from FTA on import tariffs announcement and reaction to Spring Statement

Import tariff Announcement After weeks of repeated requests for clarity by FTA, the business organisation which represents the interests of the logistics sector, the Government has finally published details on the tariffs that will apply to products imported into the UK after Brexit – many of which departed their countries of origin more than two weeks ago. In addition, the Government has also finally provided the tools for businesses to

Tabadul inaugurates Truck Appointment System for King AbdulAziz Port in Dammam

The Saudi Information Exchange Company (Tabadul) inaugurated the Truck Appointment System. The event was attended by H.E Minister of Transport Dr. Nabeel Mohamed Al-Amudi, President of Saudi Port Authority, H.E. Eng. Saad AbdulAziz AlKhalb, and Saudi Customs Governor and Chairman of the Board of Directors of Tabadul, Mr. Ahmed AbdulAziz AlHakbani. As mentioned by Mr. AbdulAziz AbdulWahab Al Shamsi during the inauguration ceremony, the new service, which is part of

autostore

Dematic widens portfolio with AutoStore’s Black Line technology

Dematic is to offer AutoStore’s revolutionary new Black Line cube-storage solution – designed for applications requiring very high throughputs. The newly introduced high-density storage and retrieval system follows similar operating principles to AutoStore’s successful Red Line solution, but critically, incorporates significant design innovations that make it far faster and efficient at processing large order volumes. Designed to be complementary systems capable of integration as a single solution, both the Red

BluJay

BluJay Hires Andrew Kirkwood as Chief Executive Officer

BluJay Solutions, a leading provider of supply chain software and services, has announced that experienced software executive and industry leader Andrew Kirkwood has joined BluJay as Chief Executive Officer. His 25 years of experience in the supply chain and SaaS market will help BluJay continue to drive ever-higher levels of performance and customer satisfaction. Kirkwood joins BluJay after a successful 14-year career at RedPrairie and JDA Software (JDA acquired RedPrairie), where

Brexit

AEB Brexit Tool Kit: Being ready for any scenario and moving forward with digitisation

AEB, a provider of software for global trade and logistics software, is offering a free Brexit Tool Kit, containing everything traders need to know to bring their global trade and customs processes up to speed – including relevant government links, customs guides, public opinion polls, and solutions. With the UK set to leave the Customs Union and Single Market as part of the Brexit process, the number of UK customs

AEB software solution “Product Classification Exchange” simplifies and accelerates export control classification for traders and suppliers

For many companies, particularly in the aerospace, defense, and automotive sectors, product classification for controlled or dual-use items is a nuisance with great risks: export control compliance depends on the correct classification of goods and materials, and any mistakes are propagated across all downstream processes. To support exporters in obtaining the right classification for their merchandise and purchased parts from suppliers in the most efficient way, software provider AEB has

Trust Forwarding selects BluJay Solutions for integrated transportation management

BluJay Solutions, a leading provider of supply chain software and services powered by the world’s first Global Trade Network, has been selected by Trust Forwarding, one of Scandinavia’s top freight forwarders and a division of SAS Cargo Group A/S, to provide it with a comprehensive cloud-based transport management system. After decades using a manual on-premise system, Trust has implemented BluJay’s Transportation Management, a cloud-based TMS platform that will enable it

AXIT expert paper explains how stronger supply chains can be achieved

When storms sweep across the countryside, roads and rail lines are unexpectedly blocked, or production bottlenecks cause suppliers to miss deadlines, the economic price tag can run into the millions. The IT experts at AXIT, a Siemens company, argue that the consequences of such events can be softened by linking shipping and logistics processes digitally. “Anticipating shipping delays requires a transparent, digitally integrated supply chain,” explains Uwe Schumacher, Vice President