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Last week, I wrote about the evolution of supplychain planning. In my blog post, I commented on HOW little supplychain planning has changed in its twenty-year evolution. I, like other analysts, are stuck in the traditional software APS paradigm. I am part of the problem. 1) Kinaxis.
Target’s inventories at the end of the last quarter were 16 percent lower than the same period a year ago and Walmart cut inventories in its U.S. store operations by 9 percent over the past year, slashing hundreds of millions of dollars of goods from their balance sheets and suggesting space is opening up in their jammed supplychains.
Supplychain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supplychain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Here’s some research on this topic.
It was a very busy week in the world of supplychain and logistics, so let’s go straight to the news that caught my attention: FLEXE Launches Nationwide Next-Day Delivery. Infor M3 Integrates to GT Nexus SupplyChain Network. Target to test next-day delivery service in Minneapolis (Reuters).
References to the wild west are being made more frequently as criminal activity increases supplychain woes. s shares tumbled after the nation’s largest consumer electronics chain posted a decline in gross profit margin for the fiscal third quarter, citing organized theft and increased promotions.”[2] Footnotes. [1]
According to a company press release, the big-name retail chain recently added Benjamin Cook , the former logistics and supplychain head at Apple, to its team. Cook’s first day was on July 24, 2016 in Minneapolis at the company’s headquarters. Why Inventory Management Matters. Details on Cook.
According to a company press release, the big-name retail chain recently added Benjamin Cook , the former logistics and supplychain head at Apple, to its team. Cook’s first day was on July 24, 2016 in Minneapolis at the company’s headquarters. Why Inventory Management Matters. Details on Cook.
In four of its Minneapolis test stores, Best Buy reduced the shoppable square footage to 15,000 square feet to provide more space for fulfillment. Experiences Dick’s Sporting Goods is implementing TrackMan technology to enhance the fitting and lesson experience in over 80% of its Golf Galaxy stores. The key here is fast.
From automated Monday morning recaps to a customizable report builder with over 5,000 key Target metrics, SOLYS by Crisp streamlines operations and drives growth for vendors in their Target partnership. Standout supplychain management is critical for success with Target, and SOLYS provides the tools necessary to excel.
Technology is bringing to life the ability to accomplish feats that would have seemed science fiction when many of us were children — like driverless cars and virtual reality. One example is the North Market in North Minneapolis, an Inmar client in one of the country’s largest food deserts.
. … Like other big-box chains, Target has been struggling to compete with Amazon, which is benefiting from the movement of consumer shopping online. After a weak holiday performance last year, the Minneapolis-based company embarked on a multibillion-dollar spending plan to improve its stores and digital capabilities.
There’s one sure-fire way to tell when someone has lived in Minneapolis long enough to be called a Minnesotan. Inventory – Excess material and WIP. Transportation – Unnecessary movement of material through the facility/supplychain. The Lean Journey Often Starts with Inventory. Eager to get started?
This week, Walmart claimed a first by announcing it had been doing driverless runs between a dark store and one of its retail outlets in its hometown of Bentonville, AR, since August, courtesy of technology partner Gatik which powers the driverless box trucks. We’re thrilled to enable Walmart’s customers to reap the benefits.”.
The importance of inventory management for efficient e-commerce and omni-channel business is a theme we’ve blogged about fairly regularly. If you haven’t read our posts ‘ Managing the SupplyChain in a 50:50 World ’ and ‘ Availability is key – An omni-channel story ’, they’re well worth checking out. Am I disappointed?
In my work with clients, customers bandy about the term “customer-centric supplychain.” Many of my clients talk about a customer-centric supplychain but rely on useless metrics from an annual survey or a net promoter score. A customer-centric supplychain is easier to say than implement.
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