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Big Data

Vertical Focus – Electronics

Vertical Focus – Electronics

Robots Traverse New Terrain South Korean technology company LG Electronics unveiled a new delivery robot that can serve both indoor and outdoor environments, which could be a game-changer for contactless delivery and services. The four-wheeled robot can adjust the gap between its wheels to self-adapt quickly to uneven terrain for a smoother ride. Food delivery […]

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Russ Felker

Digitally Transforming Your Supply Chain? Here’s How to Make It Meaningful

Q. Digital transformation has made a huge impact in logistics. What is your approach? A. When working with a digital solution, ensuring the reliability of that solution is critical. Tracking a shipment through digital partners is helpful only until a problem occurs. Backups and fail-safes keep business moving. Companies cannot become completely dependent on an […]

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Tim Motter

Digital Transformation: The Experience is King

Over the holidays, my wife and I decided to give ourselves the gift of a new couch. Because I work in transportation and logistics, I knew that constraints up and down the supply chain easily could result in a long delivery lead time. So it was a pleasant surprise when the home furnishings company said to expect the couch in about three weeks.

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Mark Haslam

Out of Stock? Hoarding is Not a Solution

Investing time and money in making products available is more important today than ever before, thanks to the ripple effects of COVID-19. Capacity constraints and delivery agents have been upended, and product availability is at risk. Rising digital trends and changing consumer behavior and spending habits have also led to an urgency to respond to market conditions quickly.

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What is the biggest supply chain lesson you learned from the past two years?

The fragility or brittleness of a global marketplace so deeply dependent on just-in-time inventory. Any event, whether a pandemic, hurricane, or a container ship stuck in the Suez Canal, creates immediate disarray. In response, retailers have reverted to “just-in-case” practices, building up large safety stocks. It has become a choice between risking a stock-out or keeping costly excessive inventory. Where is the balance?

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