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 “Omnichannel (Part 1) – Turn your Brick And Mortar Stores into E-Commerce Distribution Hubs!”
Infographic provided by Jake Rheude at http://redstagfulfillment.com
The convergence of Artificial Intelligence (AI) and the Retail industry is underway. Further it has the potential for exponential dissemination across the Retail landscape in the future along with expansion of it’s applications and capabilities.
From playing a role in managing the Customer Experience to providing Buying, Replenishment and Fulfillment capabilities to analyzing the ever growing expanse of Big Data, Artificial Intelligence (AI) is here to stay in Retail.
The following infographic depicts a variety of applications of AI in the Retail space along with real life examples from world renowned companies.
E-Commerce continues to be the fastest growing channel in any industry worldwide. And AI is a technology for today and in the future. A convergence between E-Commerce and AI is a natural fit.
E-Commerce growth requires the deployment of advanced technology in order to provide the scalability necessary to sustain and support that growth. Artificial Intelligence requires channels that have a need to leverage technological capabilities and are willing to experiment, invest and evolve with the progression of AI.
Check out The Internet of Things (IoT) – Welcome the Digital Supply Chain!
#AI #ECommerce #SupplyChain #Technology
Please see our other blog posts at https://supplychaingamechanger.com.
Selected as one of the Top 75 Supply Chain Blogs on the Internet.
Hurricanes! Earthquakes! Terrorist Attacks! Train Derailments! Cyber Attacks!
You see it in the news every minute of every hour of every day. Either some natural disaster or some man made despicable act has occurred somewhere on the planet. The result is death, destruction and disruption.
Everyone is trying to pick up the pieces. They are trying to figure out what has happened, how to come to grips with the catastrophic results, and how to get things going again.
Depending on what the disaster is people can be struggling to know where they can get the basics such as food, water and shelter.
This is where the Supply Chain must kick in to gear!
Continue reading “Disaster Strikes!!! Is Your Supply Chain Ready To Recover?”
Every day there are individuals and teams all around the world who are making a difference. They are driving transformational change in their jobs, in their Departments, in the Organization and in their Companies. And they are achieving amazing results that defy what they previously thought possible.
We want to hear your stories and we invite you to share those stories on https://supplychaingamechanger.com so that we can all applaud, and learn from, your tremendous efforts.
Continue reading “Are you a Game Changer? Tell us your Story!”
Blog post provided by http://argentus.com. Argentus is a boutique recruitment firm focused on Supply Chain and Procurement.
Every year since 2003, at its Supply Chain Executive Conference in Phoenix, Arizona, technology research firm Gartner releases their list of the Top 25 Supply Chains in the World – a list highlighting the industry trends and major players that define what makes a best-in-class Supply Chain in today’s business environment.
Last year, we were happy to have a chance to speak with Gartner Global Executive Partner Michael Massetti about the rankings. Though Gartner released its 2017 Top 25 Supply Chains List in May, we were glad to have a chance to catch up with Michael and chat about this year’s rankings: what were some of the big surprises from this year’s list? Which trends are taking off among the industry leaders?
Read on to find out some of Michael’s insights about what makes for the best-of-the-best when it comes to Supply Chains in 2017.
Continue reading “Gartner’s 2017 Top 25 Supply Chains List!”
The capability we had in E-Commerce order fulfillment was rather basic. We had employees manually pushing carts up and down standard warehouse racking aisles picking goods off of shelves. And when they had completed an order or a set of orders they would then push the entire cart back to a centralized order packing station.
As a Supply Chain Services company we needed a dramatically better capability if we were wanted to have customers trust their growing E-Commerce business with us. Pushing carts around a warehouse is both inefficient and lacks innovation.
We had to go back to the drawing board. But in doing so we would end up with a World Class solution!
Continue reading “From Click to Ship in 4 Minutes! … Principles for World Class E-Commerce Fulfillment”
The Black Friday/Cyber Monday shopping extravaganza is now less than 3 months away. While that may seem like a long time for functions such as Marketing or Sales, for your Supply Chain the Black Friday push should be on right now!
If you have products manufactured overseas for instance then if those products are not either on the ocean right now or en route over land to your Distribution Centres then you are already in trouble!
Continue reading “Black Friday – If your Supply Chain isn’t ready now you are in Trouble!”