Supply Chain Management Archives - Page 7 of 53

International Expansion in Retail (Infographic)

Innovations in Offline Retail! (Infographic)

The road to international expansion in Retail has been successfully travelled but it is also lined with a lot of accidents and failures. But is it that easy?

“We are going to expand in to the U.S.!”

I heard this refrain many, many times. The growth and success that a Retailer experiences as they expand in their original, domestic market inspires a level of confidence in the company’s ability to expand beyond it’s geographic borders.

McDonald’s Supply Chain Challenge: Switching from Frozen to Fresh Burgers!

KFC Ran Out of Chicken! What Supply Chain Lessons Can We Learn?

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Back in early 2018, McDonald’s – a pioneer in cold chain distribution – announced that it was testing out using fresh patties instead of frozen in burgers at 300 of its U.S. locations.

Which doesn’t sound like a huge deal, but for one of the world’s largest Supply Chains – one that’s been using frozen burgers in its stores for decades – it represented an interesting test case in how companies can use supply chain strength to pivot as the market changes.

Critical Forklift Safety Tips! (Infographic)

Worst Forklift Accident Ever and Forklift Safety! (Video)

A forklift is an essential piece of equipment in any warehouse, distribution center or factory. Without it, it would be nearly impossible to efficiently move heavy objects in these environments. The strength and versatility of lift trucks certainly make life easier for the people who work in most industrial settings as long as there exists forklift safety.

However, the power that forklifts provide must be used with a great deal of responsibility. Operators need to be capable and well-trained in order to do their jobs effectively and efficiently. Most importantly, they also must know how to handle the equipment safely in order to prevent accidents.

More than 20,000 people are injured each year as a result of incidents involving forklifts. This underscores the importance of knowing how to use this essential equipment responsibly.

Driving the Need for Culture Change!

Creating the Culture to Break Barriers!

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You have determined that something has to change in your company! Customer satisfaction may be low. Employee morale may be in the dumps. Financial results and operating performance may be falling far short of your objectives. You need culture change!

Or maybe you don’t have any of these problems. But you view that your company is performing well now yet it is not well positioned to go to the next level and be successful in the future.

Or it could be any combination of these pressures. Whatever the reason, you have come to the realization that the culture of your company must change to get the results you need!

The Negotiation Before the Negotiation!

What Exactly Is Procurement? And What is Purchasing?

When preparing for a negotiation, it is common to identify the issues to be negotiated, decide on negotiating tactics to use on your supplier, think through what your supplier may say and practice saying the words you’ll use during the negotiation.

Those are all necessary components of negotiation preparation.

But, they are not enough. To truly reach your potential in a negotiation you need to understand some key things about your supplier. This article will focus on three major things you need to know about your supplier before beginning a negotiation.

How do you get to know them? You can research your supplier and/or you could – get this – ask your supplier contact!

Supply Chain Challenges in the Roofing Industry!

8 Supply Chain Challenges and How Companies Can Overcome Them!

The roofing industry plays a crucial role in the construction sector, providing shelter and protection to homes and businesses. However, behind the scenes, roofing companies like Rapid Roofing Solutions, grapple with a myriad of challenges within their supply chains.

From the sourcing of raw materials to the delivery of finished products, the industry faces several hurdles that impact timelines, costs, and overall efficiency.

Supply Chain Thrives in these Challenging Times!

Supply Chain Compensation is on the Rise!

The challenges posed by the COVID-19 pandemic have supply chain professionals working harder than ever – but compensation is rising significantly to match.

As a recruitment firm specialized entirely within supply chain management, we at Argentus write about a variety of topics at the intersection of talent and supply chain – everything from career advice, to hiring advice, to supply chain industry news.

But perhaps no topic draws more interest from Argentus’ readers than salary intel, which makes sense: people in the field want to see how their current situation stacks up. Especially in a hot job market like this one.

How much are people making? How much additional compensation or vacation are they getting? What’s their level of job satisfaction?

How to Make Your Supply Chain More Efficient!

How to Invest to Make Your Supply Chain More Efficient!

As demand increases, your supply chain needs to be working as efficiently as possible. While you can never predict a sudden surge in demand for your products, you can easily make sure you’re always prepared to start shipping at a faster rate. We’ve outlined below some of the best tactics to make your supply chain more efficient.

When the Elephant in the Room is Your Supplier!

Procurement (and Purchasing) Job Interview Questions & Answers

Unless your company is amongst the very largest companies in the world then chances are your Procurement team will, at some point, be dealing with Suppliers that are larger than your company. They are the Elephant in the room.

In a function such as Procurement where negotiating is a central part of the role, leverage is a critical element in those negotiations. And in many cases size translates to leverage.

So how do you negotiate with a Supplier that is larger than your company and has greater perceived leverage?

How do you negotiate when your Supplier is the Elephant in the room?

How Cold Chain Differs Between the Food and Pharmaceutical Industries!

Food Waste and World Hunger – The Food Supply Chain is Broken!

The cold chain is a temperature-controlled supply chain that includes continuous refrigeration of the product from production to transportation, handling, storage, and delivery.

Cold chains are essential to preserve and maintain the suitability of foods such as fresh foods (fruits, vegetables, frozen foods, seafood), chemical products, and pharmaceuticals (vaccines, prescribed drugs, over-the-counter medicines).

How to Protect Your Plastic Parts Supply Chain!

The Ocean Plastics Environmental Crisis!

Robust supply chains are crucial to your business operations. Equipment failures, natural disasters, logistical problems, or injection molding defects in the plastic parts Supply Chain often cause business-critical delays or last-minute adjustments.

Eliminating weak points in your plastic parts supply chain is the best way to avoid costly setbacks.

Here we’ll explore some optimal approaches to assess your supply chain and identify safeguards to keep your deliveries running like clockwork.

The Cannabis Supply Chain and Logistics Map!

Challenges in the Cannabis Supply Chain!

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Do you find yourself thinking about starting a business in the marijuana industry? Perhaps you are thinking about taking your hobby as a gardener into a full-time cannabis farming and cannabis Supply Chain. Maybe you have a new innovative type of a cannabis-based product that you want to sell out into the world.

If you are ready to step to the next level and enter the industry which you have been passionate about, this is the best time for you to learn the supply chain of cannabis industry.

Marijuana is seeing a huge leap in market demand. The industry is growing at an exponential level. The demand for various products made from cannabis is now being invented and sold here and there.

Reverse Logistics and the Power of Your 3PL!

The Downside of Free Returns and Exchanges!

For many companies, reverse logistics has become an integral part of their business plan, offering them the ability to maximize the efficiency of their operations.

Generally, reverse logistics is defined as “the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. Remanufacturing and refurbishing activities are also may be included in the definition of reverse logistics.”

The Change Leadership Process … And Guide!

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Digital Transformation of SCM and Change Management!

Eventually everyone is going to be faced with the need to either lead or participate in a process designed to drive change and transformation.

The need for change may be reactive. Your competition may be eating your lunch. Your company may be losing money or bleeding cash. Or your metric performance may be well short of target.

Or the drive for change may be proactive. Your company may be leading in your industry and have great performance. But there is a risk of complacency seeping in. Or your competition can’t be counted out so you need to increase your competitive advantage. Or you may want to blow your targets out of the water.

Whatever the driving force for change is, wouldn’t it be great to be equipped with the know-how to make that change happen.

Here is our view of the Change Leadership Process!

Last Minute Supply Chain Preparation for Black Friday!

Get Ready for Next Holiday Now … Make It Boring (From A Supply Chain Perspective)!

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.