Remove Big Data Remove Inventory Remove Metrics Remove Sustainability
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5 supply chain management tips for retail for sustained profitability

6 River Systems

These are the two factors that are essential for the long-term sustainability of any retail business, and achieving them requires implementing smart supply chain management tips and strategies. Here are five supply chain management tips for the retail industry to bring in sustainable profits.

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Tata Steel Europe’s Connected Planning Journey

Logistics Viewpoints

This initiative is aimed at improving their long-term financial viability and creating sustainable value growth. And they are working toward becoming significantly more sustainable. But then executives may ask for higher sales or margins, or lower stock if key financial metrics are not being met.

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Looking Beyond Red Arrows

Supply Chain Shaman

It is hard work to maintain the status quo in metrics performance. A balanced portfolio of metrics delivers the greatest value. As a result, supply chain leaders focus on unrealistic goals of inventory or costs, they will throw the system out of balance. Companies balance supply chain metrics better in good times than bad.

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Innovation in Supply Chain Management: Driving Efficiency and Success

American Global Logistics

Innovative supply chain management practices enable businesses to adapt to changing market demands, improve collaboration with suppliers and partners, and achieve sustainable growth. Big Data analytics Artificial intelligence and machine learning enable predictive analytics and demand forecasting, facilitating better decision-making.

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7 Key Factors that Underpin the Success of your Inventory Optimization Initiative

Supply Chain Opz

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service.

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The Evolution of Logistics: Connectivity, Data Integration, and Virtual Design

SCMDOJO

From the ubiquity of the Internet and various electronic gadgets, we are now in the era of next-level digital space where businesses and individuals can easily leverage the power of cloud computing, big data analytics, AI, and the Internet of Things (IoT). This is the technology behind smart homes, health monitoring devices, and more.

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Announcing the Supply Chains to Admire 2017 Award Winners

Supply Chain Shaman

If the arrow is red, the industry is moving backwards on a metric. The industry made progress on revenue/employee, but struggled on growth, margin, inventory turns. Sustaining Performance Year-Over-Year Is Difficult. Companies, based on culture, tend to focus on singular metrics. If the arrow is green, progress was made.