Enterra Insights

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Surviving an Economic Downturn in the Retail Sector

Enterra Insights

ToolsGroup analysts suggest retailers adopt lean retail principles, which affect all aspects of the supply chain. Intelligent demand management software is the key technology enabler of lean retail merchandise management.” Those principles include: • Using sophisticated forecasting and replenishment algorithms.

Retail 130
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Is the Just-In-Time Supply Chain’s Time Over?

Enterra Insights

He explains, “The pandemic has glaringly exposed the major problem with lean today: the inability to understand and properly implement a Just-In-Time system. ”[5] Lean operations expert Ken Eakin goes even further. ”[2] Those comments beg the question: Is the Just-In-Time (JIT) Supply Chain’s Time Over?

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Influenza, Covid, and Omnichannel Operations

Enterra Insights

As a result, journalist Jaclyn Peiser ( @jackiepeiser ) reports, “Major retailers are leaning into ‘omnichannel’ shopping options to draw in customers.”[4] To counter increased costs, Peiser reports, “Retailers ranging from major department stores to local hardware stores are leaning into the demand.

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Do We Need Just-In-Case Supply Chains?

Enterra Insights

Rich Weissman ( @weissman_rich ), a supply chain practitioner turned college professor, insists, “Today’s supply chains are too lean. ” He continues, “Fast forward to today, JIT has morphed into lean manufacturing with its resulting organizational streamlining. .”[4] .”[3].

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Will Globalization Bounce Back? Part One of Two

Enterra Insights

Meltzer ( @JoshuaPMeltzer ), a Senior Fellow focusing on the Global Economy and Development at the left-leaning Brookings Institute, and Neena Shenai, a Visiting scholar at the right-leaning American Enterprise Institute, explain, “Calls for the repatriation of supply chains and restrictions on investment in key industries are on the rise.

Global 113
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Is Your Supply Chain Ready for the Recession?

Enterra Insights

Arntzen suggests in the interregnum between recessions companies should: Build a robust CPFR program; forge risk-aware contracts with customers; diversify into services; use demand-driven, lean manufacturing; and, run a healthy S&OP process. Challenge 4: Parts Shortages Become Critical When a Supplier Collapses.

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Supply Chains and the Circular Economy, Part 1

Enterra Insights

Former McKinsey analyst Markus Zils adds, “The circular economy aims to eradicate waste — not just from manufacturing processes, as lean management aspires to do, but systematically, throughout the life cycles and uses of products and their components. Opportunities to make better use of the materials we are using today.