Year over year, global holiday sales increase. While price remains shoppers’ primary driver, options that save time and provide added value like free shipping also win. Everyone is happy when sales are strong of course but retail’s busiest times of the year can also put a magnifying glass to any slow-downs or errors in the supply … More How a Proactive Supply Chain Benefits Retail
As international trade volumes grow and competition for winning and keeping customers climbs, so does the business of third party logistics (3PLs) providers who deliver goods damage-free, accurately, on-time and cost efficiently. To compete, 3PLs must be specialists in transportation, warehousing and integrated operation services that are customized to their customers’ needs. To thrive, they … More How a Proactive Supply Chain Benefits 3PLs
In a context where the pace of change is accelerating, agility is key to a successful Supply Chain. To achieve this, executives must take a proactive approach to managing their supply chain. This is now possible thanks to the ability of collecting and analyzing critical information in real time. Anticipation is key to achieving quality … More Essential Components of Operational Intelligence
Corporate to Store involves the movement of all data, transactions and processes between corporate office and its retail outlets. Processes that run across end-to-end from the corporate central office to the stores include ordering, delivery, store replenishment, promotional campaigns, etc. Data exchanges would include orders, end of day reports, new prices and items lists, marketing … More Retail corporate to store processes: Business value in having a proper data exchange infrastructure
The term digital supply chain is not new. Tony Hines1 coined it back in 2001, long before the “digital” trend. Originally, Hines intended it to mean simply the supply chain of non-physical goods, such as music and e-books, as opposed to physical goods such as car parts or apparel. 1. Hines, Tony (2001).From analogue to … More What is Digital Supply Chain?
Industry 4.0. consists of autonomous production chains made more intelligent by the combination of ever more advanced technologies. Yet these technologies must be capable of communicating with one another, within increasingly immense and complex ecosystems, in order to streamline, secure, and optimise logistics and production processes. Industry 4.0: the gateway to the future Sometimes presented … More Industry 4.0. : The urgency of data standardisation
Order fulfillment is in the most general sense the complete process from point of sale inquiry to delivery of a product to the customer. Enterprises need to monitor carefully process indicators in order to achieve perfect order fulfillment and satisfy their customers. Appropriate order fulfillment monitoring should provide real-time tracking of items from when customers send requests … More Monitoring order fulfillment to meet customer requirements