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Catastrophic Impacts of COVID19 in Bangladesh Apparel Supply Chain

NC State SCRC

An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence , the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters of garments for the apparel sector. But in Bangladesh, 90% of the jobs come from the apparel sector where workers rely on daily wages and now their lives have stopped!

2020 Requires Big Wings and Feet

Supply Chain Shaman

Granular data by volume is a must to be able to manage replenishment, network design, and inventory targets. Companies that directly connect financial data to supply chain data without creating a feasible plan at an item/location level rate themselves significantly lower on S&OP effectiveness creating higher costs, levels of inventory and order short shipments. A simplistic view is that supply chain excellence is the trade-off of cost, inventory and customer service.

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Why investors are looking at supply chain technologies in 2020

Requis

Insiders joke (quite fairly, as it turns out) about billion-dollar procurement-management-disposition cycles that are managed in spreadsheets. In the procurement space, what I want to be able to assess is risk management.

Podcast: VC Brian Aoaeh on the Future of Supply Chain Investment

Requis

I did an update on that piece in 2017, and then did a deep dive on shipping. For example, someone would be presenting on a problem in shipping, and someone in commercial real estate would say, ‘Oh my god we have the exact same problem. A supply chain is really any network of organizations that work in collaboration to aid the procurement, production and movement of goods from producers to suppliers.

How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. Goods will be arriving in ships but many of them will have nowhere to go so long as many retail outlets are shut, We will see how well the logistics industry copes in a few weeks’ time, but companies such as Maersk remain confident. Sectors such as apparel, which have shifted production to countries such as Vietnam and Bangladesh, may see reshoring in the long run. Adapting to the present and future challenges of COVID-19.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year. PST will ship the same day.

Innovate or Die: How’s Your eCommerce Strategy?

FLEXE

In 2005, department stores alone sold $60 billion in apparel; in 2015, it was half with nearly $28 billion shifting to online retailers like Amazon. In fact, in a recent Baymard Institute survey, 61% of shoppers cite unexpected costs and shipping fees as a reason they’ll abandon a purchase. That means, nearly 61 out of 100 shoppers on your site will go elsewhere if shipping costs are too high. Building an in-house distribution network is expensive, but so is fast shipping.

Top 25 Supply Chains of 2018

Material Handling and Logistics

The rankings are based on a composite score based on the opinions of Gartner’s analysts; a group of peer voters (mostly supply chain practitioners, professionals and experts; in the interests of full disclosure, I myself am part of the peer panel); some metrics, including return on assets, inventory growth and revenue growth; and a corporate social responsibility (CSR) component score.

Supply Chain Management:The Learning from the 2012 Holiday.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The overall headline for 2012 will most likely be one of selective retailer profitability to those that were able to effectively weight and tailor investments in online sales and marketing program and selective promotions with sophisticated inventory management, demand sensing and overcoming customer fulfillment needs. Procurement Blog. About Us. Contact Us.

4 Best-in-Class Supply Chains To Watch and Learn From

Logistics Bureau

Unilever has sustainability at the very heart of its business model, extending all the way through the supply chain from distribution to procurement. By taking an established concept (vendor-managed inventory) and turning it on its head, Amazon is making its entry into a new market less expensive and more practicable than it would otherwise be. Zara doesn’t have to foot high transportation costs to ship products from Asia.