Strategy Archives - Page 9 of 14 - Supply Chain Game Changer™

“Amazon-ifying” Procurement and How it Can Reverberate Across Manufacturing!

5 Keyword Research Methods to Increase Visibility on Amazon!

Are you an Amazon addict? The sort of person who always has stacks of brown boxes piling up outside their door? If so, you are far from alone. As of 2023, 67% of all American households have an Amazon Prime subscription, and Amazon owns 38% of the e-commerce market in the US.

It’s easy to see why the online marketplace is so popular. Simply by searching for a pair of shoes within an intuitive user interface, users are given a seemingly limitless amount of choices each with prices, photos, measurements, and any other metric a shopper could desire.

Understanding the Process of Supply Chain Management!

What Exactly Is Supply Chain Management? 10 Different Definitions!

Businesses act as a large ecosystem. They are composed of several smaller elements that work together to create a whole. The backbone of this system is the process of Supply Chain Management, the handling of the production flow responsible for every step of the process, from manufacturing a product to customer experience and profitability.

Building a Winning Strategy for Tech Innovators!

How Supply Chain Innovation Propels Startups to Unicorn Status!

Tech entrepreneurs face fierce competition and constantly shifting market dynamics in today’s fast-growing technology ecosystem. Now, more than ever, success requires a comprehensive plan and a ground-breaking product or service.

This article seeks to help tech innovators and entrepreneurs create a successful plan that includes market research, customer involvement, funding, and scalability. Tech firms can survive and prosper in the competitive market by adhering to these strategic pillars.

The Ethical Supply Chain: Why It’s Worth Showing Off About!

Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

There is a lot to consider when choosing suppliers. How reputable are they? And how much does their service cost?

One trait that is becoming increasingly important is social responsibility. Is a supplier’s practices ethical? If so, it could be worth sharing this information with the world. The following post explains more about why an ethical supply chain can make a great marketing angle.

Start Your Business’ Sustainability Journey in 5 Steps!

Supply Chain Alone Can’t Solve Sustainability But it Has a Part to Play!

In a climate-challenged environment, running a business becomes even trickier. You want to maximize your profits and revenues, but you’re also on the verge of being pressured by consumers and other organizations to step up and lessen your environmental footprint.

With climate change proving to be an urgent issue that requires immediate action, companies and establishments, regardless of size and industry, are expected to put their best foot forward and turn on the green switch.

Strategies to Make Smarter Business Decisions!

6 Strategies to Make Better Financial Decisions for Your Business!

The key to success in business is making smart decisions. Every day there are big and small decisions that need to be made that could have a huge bearing on the success of the company. There are always issues that arise, challenges and situations that require a course of action. So how can you make sure that you are making the right decision?

You won’t always get it right and this is ok (more on this to come), but there are a number of ways that you can improve your decision-making to take your company forward. Keep reading to find out more about making smarter business decisions.

8 Ways to Future-Proof Your Business and Build Resilience!

Resilience is the New Critical Supply Chain Strategy!

Business is all about making as much money as possible while keeping people hooked on your brand. Longevity is so key and you have to ensure that you are going to be around for a long time. So many businesses will last only so long because they will not take the long-term factors into account and build resilience.

If you want to keep your business on the right path for the longest time, you have to do everything you can to create relationships and commit to the long haul.

The Power of Strategic Partnerships: Collaborating for Business Growth!

Supply Chain Collaboration – The New Way to Drive Value!

In the ever-evolving world of business, companies continuously strive to gain an edge. There’s a power tool that many overlook: strategic partnerships. Such collaborations offer an impressive vehicle for accelerating business growth.

This article will delve into how strategic partnerships fuel business expansion and success.

The Metaverse and the Digital Supply Chain!

The Supply Chain Renaissance Has Begun!

One of the terms that has entered the zeitgeist, holding the promise of providing some exciting new future state, is the “Metaverse”.

For some time we have also been describing a future that will define much of how businesses and economies and institutions will run in the future. We call this the “Digital Supply Chain”

What exactly is the Metaverse and how does it compare, contrast or align to our vision of the Digital Supply Chain? And what are some possible applications of these 2 intersecting technological paradigms?

How Supply Chain Innovation Propels Startups to Unicorn Status!

6 Ways to Attract Investors to Your Startup Business!

Unicorn startups, or private companies valued at over $1 billion, are the rising stars in the tech world. While flashy consumer-facing products like social apps garner much attention, innovation in less glamorous areas like supply chain management is equally responsible for propelling startups to unicorn status.

Supply chain excellence enables startups to scale efficiently, reduce costs, provide fantastic customer experiences, and withstand market turbulence. Leveraging emerging technologies gives startups supply chain advantages that legacy players cannot match.

This article explores how supply chain innovation is a competitive differentiator that allows hungry young companies to disrupt established industries and reach dizzying heights of success.

Keeping Your Business on the Right Path Can be Tough!

Working On Vs. In Your Business! (Infographic)

Owning a business is tough, and there’s really no other way of looking at it. There are so many things that need to be done, so many things that need to be coordinated, so many people that you have to look after and everything else needs to be managed as well.

It really is a tough job which is why so many people have business partners, but even though it’s hard, you have got to find a way to keep your business on the right path.

Resilience is the New Critical Supply Chain Strategy!

Defining the New Normal in Supply Chain! What’s Normal Anyways?

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As everyone in Supply Chain Management knows today, the field has come a long way. It’s something we’ve written about a lot on the Argentus Blog. The function – which used to be a back-office, administrative task – has evolved to become a major seat of strategic profitability and brand and resilience within companies.

For the majority of Supply Chain’s history, this evolution has been driven by a knack for finding efficiency. Companies have leveraged digital tools, and evolving skills, to collect vast data about product or raw materials sourcing, transportation, logistics, and manufacturing.

They’ve hired strategic Supply Chain professionals who can turn this data into actionable intelligence, and redesign the supplier, production, and transportation network to get products to market quicker and cheaper. They use advanced ERP software and S&OP strategy to match supply with demand, and turn over inventory faster and faster. “Just-in-time” production has become a hallmark of today’s Supply Chains.

7 Pointers to Help You Build Brand Trust and Get More Customers Online!

Cost Effective Branding Tips That Really Work!

There is a lot of learning involved in running a business. As more companies, especially in the wake of rising inflation and after the pandemic about three years ago, devote resources to restoring their brands to build brand trust, competition has increased.

Also, online brand and business sales continue to do well as the world generally shifts their hobbies and shopping habits online.

Shrinkflation – Smaller Packages and Higher Prices!

The Future of Marketing After Covid!

There was a time when a pound of bacon was a pound of bacon. And we still call it a pound of bacon. But the reality is that a package of bacon now weighs only 375 grams, not 454 grams which equals a pound. That’s an 18% reduction in package size. However that’s only half of the shrinkflation story.

From 2019 to 2022 in Canada the average price for 500 grams of bacon has risen from $7.06 to $8.55, a 21% increase in the price per gram.

That is shrinkflation. The subtle, and sometime not so subtle, reduction in package size combined with a commensurate increase in price for the smaller package.

At a time when inflation is rising, interest rates are increasing, the economy is slowing, and people are struggling, when did shrinkflation become acceptable?

7 Strategies to Improve Your Supply Chain!

The Supply Chain Renaissance Has Begun!

Strategies to improve your Supply Chain are a significant part of your overall business strategy and inventory management. Effectively and efficiently managing logistics and supply chain can help your business improve customer satisfaction and money by minimizing wait times for in-demand products. In other words, it provides you with a real competitive advantage against some companies in your industry.

On the contrary, an ineffective supply chain can be a vast drain on your resources, so it’s crucial to implement some strategic solutions. This way, your supply chain will be as cost-effective and lean as possible.

Below are some of the best strategic solutions you can consider to maximize your supply chain’s efficiency and performance: