Articles
Commentary
2023 Inventory… Too Much? Too Little?
Inventory. That was the theme unifying both attendees and exhibitors at the 2023 National Retail Federation (NRF) convention in New York City. More precisely, everyone I spoke to was interested in load balancing inventory to serve new retail fulfillment approaches striving to catch up with the blindingly fast evolution in consumer buying habits. For retail […]
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3 Ways Digital Transformation Enhances Capacity
After consecutive pandemic years, supply chains are a mess. As a result, businesses are running out of stock just as surging consumer demand drives up prices for remaining goods, contributing to record inflation and further disrupting consumer markets.
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5 Ways to Strengthen and Future-Proof Your Supply Chain
In recent years, environmental, social, and corporate governance (ESG) practices have become a critical aspect of any company’s reputation and success. Consumers don’t care just about what they are purchasing; they also care about how the product or service gets to them. For instance, an Edelman study shows 64% of consumers worldwide will buy or boycott a brand solely because of its position on a social or political issue.
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Resolving the Driver Retention Crisis
While the trucking industry has been put under further pressure by current supply chain issues, the real problem started long before the pandemic. Driver shortages were being felt as far back as 2005, according to a 2019 American Trucking Associations report.
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Automation: From Benefit to Necessity
Even prior to the pandemic, consumers were demanding. Since the rise of e-commerce, end users expect the ability to order what they want, when they want it, via the channels they want. Brands are adapting to this demand by offering curbside pickup, third-party delivery services, direct-from-social media purchasing, and a variety of other channels to cater to different consumer preferences.
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How to Avoid Paying Ransom
It is no great secret that cyberattacks are on the rise, and recent data suggests supply chains are no exception. A 2022 NCCGROUP survey shows that supply chain organizations experienced a 51% increase in attacks within the six months preceding the survey. The first step in addressing this risk is acknowledging that it exists. The good news is this should be a relatively easy step, especially compared to what comes next.
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Get Closer to the Action With Onshoring
Supply chains are the lifeline of globalization. In the years leading up to the pandemic, western companies routinely outsourced production to suppliers in lower-cost economies around the world. However, the seemingly never-ending string of supply chain disruptions over the past two years highlighted the fragility of complex and dispersed supply chains.
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Gaining Better Visibility: Where to Start
While the business-to-consumer (B2C) market has embraced sophisticated technology tools to enable a digital transformation across the supply chain, the business-to-business (B2B) industry has been slower to adapt, steadfast in a reliance on spreadsheets, phone calls and email.
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3 Top Emerging Automated Solutions
Within the four walls of distribution centers (DCs), more automated alternatives are replacing traditional labor-intensive process and material handling strategies. Operations leaders are beginning to automate and upgrade specific aspects of their DC operations that are bowing under the weight of e-commerce pressures.
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The Supply Chain: It’s Alive! It’s Alive!
In some ways, the supply chain of today is a living, breathing organism. It’s not just links and nodes on a map, but a blend of digital and/or analog data, machines, and yes, real people who are constantly moving and adapting.
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