Black Friday is almost here!
Retailers have been anticipating and preparing for this over the last year. It has become the biggest online shopping period of the entire year with expectations for exponential growth over last year.
Further this period is so dramatically busier than at any other time of the year that it has an absolutely enormous impact on the Supply Chain of these companies.
In fact the readiness of the Supply Chain can make or break the success of Black Friday for most any company.
Continue reading “Black Friday is Almost Here! Last Minute Supply Chain Preparation!”
Retailers with Brick and Mortar stores continue to be under tremendous pressure. Competition is intense in the fast growing Omnichannel E-Commerce world. Every week there seems to be news about how one Retailer or another is closing more of their stores.
And very few Retailers with Brick And Mortar stores have been able to make a profit in E-Commerce. Competitors who only sell online without physical stores appear to have an advantage with lower overhead costs.
So how can Brick And Mortar Retailers turn their stores into a competitive advantage plus a source of greater profitability?
Continue reading “Turn your Brick And Mortar Stores into E-Commerce Distribution Hubs!”
Article provided by Jake Rheude at https://redstagfulfillment.com/
It happens everywhere, all the time in retail and in ecommerce: a supplier doubles their output to prevent a shortage in case multiple distributors place their orders simultaneously; a fulfillment warehouse doesn’t call in enough workers during Black Friday and delays package shipments by days.
It’s the bullwhip effect, and it’s a huge reason why something like €3.5 trillion (worth $4.1 trillion) are locked up in net working capital in today’s supply chains. But could blockchain technology change all that?
Continue reading “Blockchain Technology is the Antidote to the Bullwhip Effect!”
Blog post provided by Milan Vyas
Supply chain collaboration is a hot topic today and no wonder: companies that collaborate effectively across the supply chain have enjoyed dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction.
Supplier chain collaboration itself isn’t new. What’s new is that it’s taken on a much greater urgency and importance.
Continue reading “Supply Chain Collaboration – The New Way to Drive Value!”
There are many exciting advances in Technology these days!
The proliferation of the Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning and Robotics, Industry 4.0, Big Data and Analytics, and Digitalization are all phrases that are emblematic of revolutionary changes both today and in the future.
It is important to know that these changes are not just impacting Manufacturing, Engineering and I/T. These technological advances will impact every aspect of our personal and working lives. And one area that will be driving these changes is Supply Chain!
Continue reading “Quantum Leap to the Top 10 Supply Chain Skills of the Future!”
By Tony Giovaniello, President, Economic Development Corporation of Shasta County (linkedin.com/in/giovaniello)
The world is changing due to economic, monetary and politic resets. First, the economy in the US seems to be improving. We can see it our local businesses and the purchasing habits of our communities. We even see charitable contributions on the upswing, not just from the higher income groups, but across the community.
Economic development organizations are seeing more site searches both domestically and from foreign investors. Companies are looking at how to best position themselves related to monetary policy, import/export regulations and tariffs, taxation, and political activities in various places in the world as they relate to stability and economic growth.
Does anyone like being stuck in a Traffic Jam?
Prior to one Holiday season several years ago the volume that was coming into the Distribution Centre receiving area was unprecedented and unpredicted. We were out of room on the docks and we were out of storage space but trucks kept on coming. And we were still weeks away from being able to ship product to stores to relieve the pressure.
We were gridlocked. We kept inching our way along but we were very, very close to having this traffic jam of activity shut us down.
Continue reading “Freight and Logistics – Breaking the Traffic Jam that is your Supply Chain!”