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6 Critical Trends in Distribution and How to Optimize Your Network’s Response

ToolsGroup

From digitalization and changing workforces to trend reversals and inventory overloads, distributors have their hands full when it comes to tackling the latest supply chain challenges. Inventory: In the US, inventory (coupled with accounts receivable and accounts payable) has tied up $1.1

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Let me start this blog by asking, “Shouldn’t you be worried too?” So, I write this blog with this bias. Pandemic demand for goods, and the shifts from a service economy, increased volume in southern California ports where 40% of ocean carriers unload for entry into the United States. I expect disruption.

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8 Considerations for Post-COVID Supply Chain Planning

ToolsGroup

Let’s begin by taking stock of where we are right now as a consequence of the latest pandemic, COVID-19, and then think about what that means in terms of future risks and opportunities. As a consequence inventory became difficult to plan. Demand patterns became extremely uncertain very quickly. Forecasting is very difficult.

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Trends 2023: Retail

Enterra Insights

At the same time, high consumer demand could enflame inflationary fears. Retail journalist Ben Unglesbee writes, “Hey retailers, it might be time to ditch your stores, move your inventory to the metaverse, replace your staff with robots, switch from cash to crypto and invest all your profits in some blockchains.”[2]

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Planning for Uncertainty in the Supply Chain

Enterra Insights

But, as we all know, the real world delivers enough variation in demand, supply, and lead times that execution will typically differ from the plan.”[2]. … This month marks the beginning of the third year of global supply chain leaders battling the effects of the COVID pandemic. ”[2]. The Reality of a VUCA World.

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Digital Supply Chains Require People, Processes, and Technology

Enterra Insights

And most of those articles point out that agility begins with improved supply chain visibility. Companies can integrate traditional silos by feeding data into a ‘control tower’ that generates valuable insights for the entire enterprise.” Automating processes for improved inventory turnovers. ”[8].

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You Should Be Worried. Supply Chains Are Not OK. Let’s Lock Arms To Drive Change

Supply Chain Shaman

Let me start this blog by asking, “Shouldn’t you be worried too?” So, I write this blog with this bias. Pandemic demand for goods, and the shifts from a service economy, drove the increase in southern California ports where 40% of ocean carriers unload for entry into the United States. I expect disruption.