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E-commerce has increased to numbers no one could’ve predicted. And the demands appear to be heading in an upward direction. As reported by Forbes, Vivek Pandya, Adobe’s Digital Insight’s manager summed up this trend across retail supply chains nicely. “According to our data, it would’ve taken between 4 and 6 years to get to the levels that we saw in May if the growth continued at the same levels it was at for the past few years.”.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Complexity in the Retail Supply Chain! Get Our EBOOK HERE. RFID article and permission to publish here provided by Vic Bageria. Radio-frequency identification (RFID) monitoring systems involve attaching tags to specific objects so you can track, monitor, and collect data for them.
Supply chain leaders have faced significant challenges in the past, and in 2020, the coronavirus pandemic spotlighted the need for supply chain resilience and integration. Among these, an integrated return management strategy can make or break successful operations. Failure to consider how the disruption affects all parts of the supply chain will lead to delays and added costs.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
In the crowded retail marketplace, customer experience is key, and logistical capabilities are what set the winners apart from the less prepared. Companies that are not able to deliver goods at the right time and place will risk losing their customers to one of many competitors. Furthermore, failing to deliver against the lowest costs may mean setting back business goals.
“Leaders today need to revisit an overlooked skill: asking questions.” So writes John Hagel III in a recent Harvard Business School Review article titled, “Good Leadership Is About Asking Good Questions.” Here are some excerpts: You think you have the answers to all important questions? That suggests that you are either clueless — you have. Read more Asking Good Questions (Inspiration Behind Indago).
“Leaders today need to revisit an overlooked skill: asking questions.” So writes John Hagel III in a recent Harvard Business School Review article titled, “Good Leadership Is About Asking Good Questions.” Here are some excerpts: You think you have the answers to all important questions? That suggests that you are either clueless — you have. Read more Asking Good Questions (Inspiration Behind Indago).
ERP vs. Best-in-Class for Healthcare Supply Chain Management? They both do the same thing, or do they? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?
How often do you think about your retail reverse logistics strategy? It’s easy to assume retail reverse logistics is solely based on returns. While this is partially true, all retail reverse logistics involve a backward flow of products that return to their origin. Returns may derive from buyer’s remorse, damage to items, defects, end-of-life disposal, and even recycling.
A few weeks ago, I had the opportunity to speak with Nil Durak, Chief Operating Officer at Solvoyo as part of ARC’s Supply Chain Forum. In this conversation, Nil and I spoke about the big picture of supply chain digital transformation, as well as taking a deeper dive into the supply chain planning market as well as the role of digital twins. I asked Nil to give some deeper insights on a few key points.
Fatigue during home video conference meeting call. In my recent work with clients, I have been thinking a lot about S&OP and how we screwed it up. Let me take you back to some research findings that I shared last year for those who might not follow my blog. In Figure 1, note the decline in perceived S&OP effectiveness over the past three years.
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
What Will Impact Procurement Processes in 2021? Supply Chain Transformation is ongoing but never more important than in 2021. Every year, The Hackett Group surveys global organizations to better understand their top priorities. The research encompasses organizations across industries and sectors, with focus on North America and EMEA. While 2020 introduced unprecedented challenges for procurement organizations as they struggled to maintain business continuity and keep supply chains operational,
What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from th
Raj Govindarajan, Senior Director, Supply Chain at KeHE. Raj Govindarajan agreed to answer questions about KeHE Distributors digital transformation. Mr. Govindarajan is the Senior Director, Supply Chain (Systems, Processes & Analytics) at KeHE. KeHE is a national wholesale food distributor that has been in business for 70 years. Steve Banker : Tell me about KeHE and KeHE’s supply chain!
What’s the difference between traditional inventory planning and inventory optimization? Anyone can come up with a plan. The real challenge is making sure it’s a good plan. Optimizing your inventory is a different beast than simply planning your inventory. If my time in supply chain planning has taught me anything, it is that most companies are carrying far more inventory than they actually need to meet their service level targets.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from Omer Ucar at Solvoyo. It was mid-March when my flatmate and I burst into a panic as the first cases of COVID-19 were officially announced. Both of the companies we were working for abruptly told us to stay home and work remotely.
Logility is working with a leader in the distribution and logistics space that provides delivery to auto dealers for the dealers’ parts and services business. This specialization allows them to be more efficient and knowledgeable about their customers and the specific parts they are delivering. Because these parts cannot be sold and services cannot be scheduled and performed until the parts are delivered, it is exceptionally important that they deliver on time and in full.
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
Is it just me or does FMCG life seems to be increasingly full of initials? New examples seem to pop up on a weekly basis with COVID-19 being top of mind currently. In line with many business functions Supply Chain and other functions use multiple initials and/or acronyms to describe the various tasks they manage on a daily basis. This can appear to be a foreign language and in many respects, it is.
Why does Accounts Payable Need Heroes? When the pressure is on the last thing you need is that unwanted distraction. In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Recent data from the Hackett Group reveals that AP teams that provide self-service capabilities to suppliers can achieve Superhero status by reducing inquiries by 49% and saving 50% on master data management costs.
ATLANTA – February 26, 2021 – Logility, Inc., the leader in supply chain innovation powering the sustainable and resilient enterprise, today announced the company is positioned as Leader in the 2021 Gartner Magic Quadrant for Supply Chain Planning Solutions. According to Gartner, “Through 2023, demand for new functionality in supply chain management (SCM) business applications will be driven by the effects of changing business models triggered by digital transformation.”.
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
The term “blockchain” is bandied about so often one tends to forget, when it comes to supply chain applications, the technology remains in its infancy. With so much be discussed and written about blockchain, John Walker, President at Holo Sail Holdings Incorporated, asks in a headline, “Is blockchain’s role in supply chain logistics overhyped?
Subscription Fees Increased 29%, Cloud Services Annual Contract Value Increased 24% for the Quarter. ATLANTA (February 24, 2021) American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the third quarter of fiscal year 2021. Key Third Quarter Financial Highlights: Subscription fees were $7.5 million for the quarter ended January 31, 2021, a 29% increase compared to $5.8 million for the same period last year, while Software license revenues were $0.5 million, an 86
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
These five supply chain drivers provide a useful framework for improving supply chain outcomes. Vanguard Predictive Planning™ enables companies to make informed decisions around efficiency and responsiveness within their supply chain.
Meatpacking powerhouses like JBS and Marfrig Global Foods have borne the brunt of watchdog efforts to root out illegal deforestation in Brazil’s beef industry. But a new report is transferring attention further down the supply chain.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Get Our EBook here. The company I had just joined had over two dozen logistics and distribution facilities around the world. While there were a lot of great people in those operations they had little interaction with their peers around the globe. But best global process excellence procedures were nowhere to be seen.
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