Archive: Dec 2020

Home Improvement on a Winning Streak

Home Improvement on a Winning Streak

The pandemic continues to boost sales for home improvement retailers as consumers spend much of their time at home. Total retail sales in the category were up 11% in July 2020 year over year according to the Department of Commerce (see chart), and consumer spending in the home category soared in April 2020 after stimulus […]

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Tara Meier

What Is the Best Method to Measure Customer Satisfaction?

Q: How is Ruan’s Customer Satisfaction Program structured? A: At Ruan, customer satisfaction is one of our five guiding principles. Ruan believes in developing strong partnerships by understanding our customers’ stories and continuing to improve our service as their needs evolve. And the best way to know if we are achieving that goal is to […]

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Air Cargo’s Gradual Takeoff

Air Cargo’s Gradual Takeoff

The gradual movement toward recovery to pre-COVID market conditions continues for the global air cargo industry (see chart), according to data from CLIVE Data Services and TAC Index. Year-on-year growth for the full four weeks of August 2020 showed a further narrowing of the gap in international air cargo volumes to -17% versus August 2019. […]

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Procurement Practices That Pay Off

Procurement Practices That Pay Off

How do you know you’re paying the right price for the right level of service? Accurate business intelligence will drive sound strategies that deliver on core business goals.

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Lori Harner

Control Tower Capabilities—Redefined

Q: What is a control tower? A: There are many definitions of a control tower in the market today. Some are analytics overlays without a network to get data or application intelligence. Some provide one functional area (e.g. planning) and encompass internal operations and maybe tier 1 providers. These can sound helpful but won’t get […]

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Shaping Future Supply Chains

Shaping Future Supply Chains

Supply chains face an evolution that will change how chief supply chain officers (CSCOs) operate, according to a Gartner report. The following trends will shape the supply chain’s future, the report says: 1. The rise of digital business. Many CSCOs struggle to create a holistic digital roadmap. At the same time, they face pressure from […]

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Macy’s Parades Digital Lead

Digitally mature retailers better reacted to COVID-19 disruptions, finds a study by tech company Incisiv. Based on performance along the customer journey, the study names the top North American apparel retailers in digital maturity: Overall 1. Macy’s 2. Kohl’s 3. Neiman Marcus 4. Target 5. Nordstrom 6. Ann Taylor 7. Chico’s 8. J.C. Penney Co. […]

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The Need for Shipping Speed

Consumers now make 58% of their purchases online since COVID-19 began compared to just 32% before the pandemic, and many will spend more for expedited shipping, says a LaserShip survey. The study reveals: Gen Z and millennials are more likely to shop at new retailers if expedited shipping is provided compared to older generations. 40% […]

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Bindiya Vakil

Reshoring Starts with Mapping Suppliers

When the book How COVID-19 Changed Supply Chains is written, it will include chapters on reshoring—bringing manufacturing back to the United States—and nearshoring—bringing them closer to home. But there won’t be a chapter titled “How COVID-19 Ended China’s Manufacturing Dominance.”

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Picking an Inventory Solution

With the right inventory management solution in place, businesses can flex and adapt quickly regardless of market conditions, challenges or shifts in their business models. These 8 tips by Oracle NetSuite will help you pick an inventory management solution that positions your business for success.

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Expedited Carriers Guide 2020

Demand for expedited shipments has exploded during the past decade, thanks to e-commerce growth and the Amazon Effect. That demand has accelerated even quicker during the pandemic.

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Easing E-Commerce Pain Points

Easing E-Commerce Pain Points

Although key logistics capabilities are needed to build and maintain successful e-commerce operations, few brands excel at them, according to a study from Geodis and Accenture Interactive. The study highlights: E-commerce acceleration: Brands estimate that e-commerce in 2020 will represent nearly half of their sales. Before COVID-19, companies were making 34% of their sales online. […]

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Supply Chain Checklist for a COVID-19 World

While the uptick in revenue from online sales during the pandemic has been positive, shippers still face ongoing challenges acquiring raw materials and tackling last mile delivery. Companies are now in a position where they need to hedge against having too much inventory and working capital tied up, while seeking the necessary agility and resilience […]

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USMCA FAQ

USMCA FAQ

The United States-Mexico-Canada Agreement (USMCA) replaced the North American Free Trade Agreement to drive mutually beneficial trade among the three countries. Thomas Insights answers some key questions about the agreement. Why is a North American trade deal so important? Mexico and Canada are the United States’ biggest export market, supporting 12 million American jobs and […]

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NOTED: The Supply Chain in Brief-December 2020

Sealed Deals COVAXX, which developed a synthetic peptide-based vaccine to fight COVID-19, partnered with Maersk for transportation and supply chain services to deliver the vaccine around the world once it receives regulatory approval. BMW Manufacturing selected Penske Logistics as the lead logistics provider at its South Carolina plant. Penske will help optimize inbound and outbound transportation of parts to and […]

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IN BRIEF: New Services & Solutions-December 2020

Products The new XG4 rugged mobile computer from Janam Technologies is designed for scan-intensive applications. The lightweight device is ideal for workers performing supply chain functions, including inventory management, stocking and replenishment, shipping, receiving, and cross docking. The OpteBulk from ORBIS consists of a pallet, sleeve, and top cap to keep product loads safe and secure. Allowing for maximum […]

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