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Q4 is the most critical time of the year for retailers. It’s the period when sales skyrocket and hitting your revenue targets becomes more important than ever. However, the key to maximizing your Q4 revenue doesn’t lie solely in marketing or pricing strategies—it starts with your inventory. Real-time inventory rebalancing is the game-changer that can help you meet customer demand precisely when it peaks.
Author’s Note: Yes, it’s Friday, the day I typically highlight the supply chain and logistics news that caught my attention this week. But this was a very quiet week for news — maybe Labor Day has turned into Labor Week? Anyway, since there wasn’t much news to write about, I decided to highlight some Indago. Read more The post Freight Fraud: How Good Are Your Processes to Prevent It?
One promising application that is emerging in the Supply Chain and Sustainability space is Digital Product Passports (DPPs). Driven by regulations and a thirst for data transparency. Blockchain can serve as the backbone for tracking and managing product information throughout its entire lifecycle. The potential to provide reliable, tamper-resistant data across supply chains is driving interest from various sectors, including pharmaceuticals, electronics, and food production.
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
When most people think about a business, they don’t often picture the myriad decisions that must be made on a daily basis. However, as Bain analysts, Michael C. Mankins and Lori Sherer , explain, “The best way to understand any company’s operations is to view them as a series of decisions.”[1] Neither do people often think about a business’ supply chain.
To ensure that their supply chains are resilient and capable of handling disruptions, organizations must take proactive measures supported by artificial intelligence.
To ensure that their supply chains are resilient and capable of handling disruptions, organizations must take proactive measures supported by artificial intelligence.
Ensure EU MDR 2017/745 Compliance by September 26, 2024 September 26, 2024, is a critical deadline for life sciences companies selling medical devices in the European Union. By this date, medical device manufacturers must have collaborated with their notified bodies to secure extensions for their medical devices to comply with the EU 2017/745 Medical Device Regulation (MDR).
Table of Contents Introduction In October 2023, the Carbon Border Adjustment Mechanism (CBAM) — an emissions trading scheme to reduce carbon emissions — went into effect. Now in its transitional “pilot” phase for the European Union, the CBAM is set to directly affect EU firms, with an indirect impact on U.S. and global producers who export to the EU.
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.
Within the next week, New York will be bustling with people attending fashion shows, brand events, and participating in Fall 2024 Fashion Week. Some of the biggest and emerging brands will showcase their work to the media and the public. This will be a major opportunity for media outlets to produce stories and for companies like Temu and Shein to observe closely.
John Delgado and Joe Lynch discuss logistics knowledge work in the AI age. John is CEO of FreightPath , an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution. Summary: Logistics Knowledge Work in the AI Age The logistics industry is grappling with a talent shortage, and the rise of AI is further reshaping the landscape.
Keeping up with supply chain demands is no easy feat. Whether you're managing inventory in a warehouse, trying to streamline operations at the dock, or juggling yard logistics, everything needs to flow seamlessly. And here’s where supply chain visibility comes in.
In the fast-paced world of retail, every decision counts—especially those related to inventory management. Yet, many retailers underestimate the true cost of doing it poorly. From stockouts to overstocks, these issues can silently erode profits, damaging your bottom line in ways you might not even realize. So, how much are you really losing? The Financial Impact of Stockouts When a customer walks into your store or visits your website and can’t find the product they’re looking fo
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
FabFitFun Warehouse in Chino, CA FabFitFun is an interesting retailer with a complex supply chain. They have assembled a set of hardware and software solutions to enable huge surges in shipping. They have been successful enough with their fulfillment capabilities that they are no longer just a direct-to-consumer retailer; they are also a third-party logistics provider.
Brands, retailers, and their marketers walk a fine line when trying to reach targeted audiences. They don’t want to waste precious resources reaching out to the wrong people and, at the same time, they don’t want to be so personal that they cross over into creepy territory. James Mullany , a group director at marketing agency Beeby Clark+Meyler, insists the era of micro-targeting is over.
Businesses are increasingly recognizing the need to integrate sustainability standards required by national laws deep within their international supply chains.
By Charles Smith (pictured) Sales Executive, Absoft The post The Value of a Personable Approach to Managed Service for SAP appeared first on IT Supply Chain.
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.
In a previous blog post , I discussed the challenges planning and execution teams face in responding to increasing disruptions. From extreme weather to port closures, disruptions all too frequently upset these teams’ carefully defined plans for getting inventory from Point A to Point B — leading to stockouts and dissatisfied customers. Since disruptions can never be eliminated, the solution lies in creating a fast, accurate and efficient way to optimally re-allocate inventory following a disrupt
ERP systems are not renowned for their simplicity. With the overwhelming ERP system complexity, there is a lot of technical data and parameters to maintain. Planners are often lost or dependent on data maintained by other remote teams. They have no way of ensuring that the system’s recommendations are correct. Usually, they end up calculating.
By Rob Jackson (pictured) Content Writer The post 7 Reasons Why Automated Webinars Are the Future of Online Marketing appeared first on IT Supply Chain.
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.
Warehouse Management. 2024 Holiday Spending Predictions – Recent surveys reveal that 65% of holiday shoppers plan to spend about the same on gifts as they did last year. To ensure a seamless and successful Black Friday and Cyber Monday, selecting the right Third-Party Logistics (3PL) provider is crucial. 1. Scalability and Flexibility Your 3PL must have the ability to scale operations up or down based on demand fluctuations during Black Friday and Cyber Monday.
Understanding the cost to supply is as crucial as knowing your cost to serve. It’s about assessing the costs your suppliers incur when delivering to your business, which can significantly impact your strategy, pricing, and overall efficiency. By understanding these costs, you can make informed decisions that enhance supplier relationships and optimize your operations.
In a survey of 258 supply chain leaders, 88% said that they expect to see a "moderate to very high" positive impact from scenario planning around geopolitical risks.
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.
In this posting we wanted to alert readers to a contributed column from Supply Chain Matters Founder and Executive Editor Bob Ferrari in the September -October edition of Supply Chain Management Review magazine. This article is part of the Supply Chain Management Review Global Links column that features invited contributed thought leadership. Bob’s contribution is titled: When worlds collide.
Beyond Dependence: The Power of Supply Chain Diversification September 4, 2024 Article Table of Contents Introduction In today’s globalized market, supply chain diversification has emerged as a vital strategy for businesses. The concept of supply chain diversification involves reducing reliance on a single supply source and tapping into different market opportunities and technologies to enhance competitiveness.
In recent years, integrated business planning (IBP) has been gaining traction among companies looking to improve their supply chain strategy. But what exactly is integrated business planning and how can companies adopt it quickly and successfully without causing undue disruption to the daily operations of the business?
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