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5 supply chain management tips for retail for sustained profitability

6 River Systems

Today, anyone can start a retail business with a couple of clicks on a laptop from a café. Manufacturing companies have the option of selling directly to consumers without the help of any retail middle men. Here are five supply chain management tips for the retail industry to bring in sustainable profits.

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Mastering Profitable Omni-Channel Logistics, Despite Disruptions

Logistics Viewpoints

As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. According to a recent article in Forbes , 48% of consumers today prefer a hybrid shopping model that combines online and in-store components.

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What Is Demand Sensing and Why Supply Chain Executives Need to Know More

Veridian Solutions

Deficiencies in the Supply Chain Derive From Inaccurate, Poor Forecasting Methods. Failures in the supply chain derive from problems in supply and demand management. Peaks and lulls in consumer orders result in longer shelf-life for products in warehouses. Focus on product lead-time.

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The Annual State of U.S. Logistics Report – Added Candidness and Need for More Synchronization

Supply Chain Matters

This week, the Council of Supply Chain Management Professionals (CSCMP) , with sponsors Penske Logistics and consulting firm Kearney , released the 33rd Annual State of Logistics Report to organization members and the industry as a whole. This report provides a snapshot of the U.S. business logistics costs for 2021. .

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Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

These teams are also more advanced in the use of planning and more advanced analytics concepts. Supply Chain Performance over the Period of March 2020 to July 2022. Supply chain leaders self-assessment of performance during the pandemic period of March 2020-through July 2022. My take away? Should we do better?

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Locus Listed as Sample Vendor for Last-Mile Delivery Solutions In Recent Gartner® Hype Cycle Report

Locus

Gartner® Hype Cycle for Supply Chain Execution Technologies, 2022 provides insight into the maturity, readiness, and business impact of logistics technologies. The report listed last-mile delivery solutions under the Slope of Enlightenment curve.

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Learnings from Target’s 2024 Financial and Operational Performance

Supply Chain Matters

Supply Chain Matters provides highlights and added perspectives to U.S. retailer Target’s recent reporting of Q4 and Fiscal 2024 financial and operational performance. Specifically, high inflation and economically stressed consumers have been more selective in their household budgeting and in their purchase decisions.