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7 Tips For Building Supply Chain Resiliency

GlobalTranz

Your plan should address technology, processes, and people. To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT.? To build supply chain resiliency, leaders should consider these factors: Buffer inventory and shift away from JIT.?

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S&OP- How to Harness the Power of “What If” in Your S&OP Process

Logility

Despite 95% of supply chains needing to react quickly to change, only 7% can execute decisions instantly. It’s time to embrace the question “what if” in your S&OP process, and here’s how. For example: What if a key supplier fails to deliver on time? What if a new competitor enters the market?

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The Business Case for Building Sustainable Supply Chains

Logility

Sustainable supply chains aren’t just better for the world; they also grow long-term value for your business. Building a sustainable supply chain helps create, grow, and protect long-term sustainable value for your business and all stakeholders involved in bringing your products to market. Reduce issues at the border.

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Vigilance Remains the Watchword of Supply Chain Risk Management

Enterra Insights

When it comes to supply chain risk management, however, vigilance is always required. ” This reality motivated Rosemary Coates , Executive Director of the Reshoring Institute and President of Blue Silk Consulting, to ask, “Are you really managing risk?”[2] ” Stuff Happens. ”[4].

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What is Retail Software? Types, Benefits, & Features

Unleashed

Retail software is a range of technological solutions that can help retailers improve customer satisfaction, profitability, efficiency, and productivity by streamlining manual tasks. This article explores some of the common types of retail software, key features and benefits, and examples. What is retail software?

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What is Supply Chain Resiliency?

Logistics Viewpoints

If your company’s supply chain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supply chain resiliency test. Your organization’s ability to anticipate disruption, adapt to events, and build resiliency is rooted in how you maintain operational continuity.

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What is GMROI, and What Does it Mean for Your Retail Inventory?

ShipBob

However, sales alone aren’t enough to grow your business – let alone keep it afloat. To keep your business going, it needs to be profitable. That means you must see a sufficient return on your inventory investment. In this post, we’ll cover what GMROI is and why it’s important for your retail inventory management.