article thumbnail

The New Normal: Predictions for Retail in 2021

ToolsGroup

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. What do you predict will be different for retailers in 2021? Transcript.

article thumbnail

What are the best Supply Chain Strategies for 2021

ivalua

While organizations continue to utilize low-cost regions like Asia, they are also employing strategies like “Asia plus one” or “China plus one” where they develop secondary sources in another region or another country to provide some insurance against regional or geopolitical disruption.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The UK Electronics Manufacturing Recovery: 2021 Revenue Up 30%

Unleashed

UK electronics manufacturers have seen a sales revenue lift of 30% in 2021 vs 2020, outpacing the average performance of manufacturers of 24%, according to data from a soon-to-be released Unleashed State of Manufacturing report. Average gross profit margin , 2021 Again, these figures are a positive sign for electronics manufacturing.

article thumbnail

Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

The basis of our 2022 predictions were our belief that the 2021 predictions theme of Renewal was shifting toward one of Reexamination of business process practices and decision-making needs. Our stated belief was that the multi-industry supply chain challenges of 2021 would not abate and would linger in some cases into 2023.

article thumbnail

Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The peak disruption was in December 2021. Challenges Traditional definitions of supply chain excellence focus myopically on cost but are too slow in making decisions in inflationary periods. Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing.

article thumbnail

Supply Chain Matters Most Read Blogs in 2021- Part Two

Supply Chain Matters

The Supply Chain Matters blog continues with our annual listing of our most read blog commentaries that were published and of keen interest to our readers during the year 2021. The years of 2020 and 2021 presented unprecedented pandemic and other related challenges to industry and global supply chains. October 8, 2021.

article thumbnail

Save The Supply Chain Leader From Groupthink

Supply Chain Shaman

In Table 1, to help the reader, we share the definition of the form and function of inventory. Definition of Form and Function of Inventory: Source Supply Chain Insights. The first step is to clarify the definition and test our processes. Mondelez Comparison to Nestle and Industry Average for the Period of 2012-2021.