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Winning Supply Chain Procurement Strategies for 2022

Ware2Go

Should you change your supply chain procurement strategy in light of continuing supply chain disruptions? Supply chain procurement strategies had long been favoring Just in Time procurement. So, should merchants change their supply chain procurement strategies as they head into 2022? Big Picture Thinking.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

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Walmart’s Supply Chain Woes

Logistics Viewpoints

Categories with excess inventory include apparel, electronics, and home and sporting goods. In times of high inflation, LIFO alleviates the “inventory profit” that would result if old inventory, purchased at a lower price, was used to calculate profits. We’re achieving significant savings in the procurement of goods.”

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

VF Corporation (VFC) is a global apparel, footwear and accessories company headquartered in Denver, Colorado. VFC’s supply chain sourced over 410 million units of apparel, footwear, and accessories in their last fiscal year. The old product development process involved shipping prototypes back and forth.

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Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

Digital transformation is delivering benefits to many of the world’s leading fashion companies, especially in Italy, where roughly half of the leading fashion concerns have implemented JAGGAER solutions. For these and many other reasons, the role of purchasing and supplier management is highly strategic in the fashion industry.

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Forced labor in cotton supply chains – Key takeaways from our webinar

SupplyShift

On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain engagement can help identify and mitigate risks of forced labor. . However, this does not diminish the need for on-site verification. .

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Retail Sales and Operations Teams Need to Up Their Game in Inventory Management Agility and Responsiveness

Supply Chain Matters

CEO Doug McMillon indicated at the time that consumers were being impacted by the effects of high inflation and were purchasing more affordable food and groceries, shunning discretionary purchases. In somewhat of a contrast, clothing and apparel retail chain Kohl’s in its latest report of quarterly financial performance reported an 8.1