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5 Years Later: 3 Things COVID-19 Changed in Supply Chain And 2 It Didn’t 

BlueYonder

A wave of chaos followed that turned the supply chain upside down, forcing it to adapt, transform, and learn at an accelerated pace. 3 long term changes to the supply chain 1. McKinsey research shows that 73% of companies are now pursuing dual-sourcing , and 60% are regionalizing their supply chains.

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Revolutionize the Supply Chain Your Way 

BlueYonder

Along with the impressive robotics, incredible conversations and inspiring keynotes, attendees heard the Vice President of Product Management for Blue Yonder, Logan Kluth, host a session on what it will take to revolutionize the supply chain. Revolutionizing the supply chain doesnt have to happen overnight.

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Retailers Beware: Returns Fraud on the Rise As Criminals Get More Creative

BlueYonder

” The scheme organizer and his staff encouraged co-conspirators to purchase items from retailers and then impersonated the purchasers to secure refunds while allowing the original buyers to keep the merchandise for a cut of the return fees. Attorney’s Office, one example is a scheme called “Simple Refunds.”

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7 Ways Consumer Demand Has Impacted the Automotive Supply Chain 

BlueYonder

There are hundreds, if not thousands, of factors that impact the worlds automotive supply chains from tariffs and other trade policies to increasing extreme weather events , interest rates, inflation, sustainability pressures and the rise of artificial intelligence (AI). They want customized and personalized product options.

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Three Strategies for Optimizing Your Results in “Returnuary”

BlueYonder

First, they might discourage shoppers from making a purchase, since over two-thirds of consumers say theyre deterred by strict return policies. According to the National Retail Federation (NRF), 67% of shoppers report that a negative return experience would keep them from shopping with a specific retailer in the future.

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Keep or Return? Fashion Influencers Have Created a Costly Trend for Retailers

BlueYonder

While just 10% of in-store purchases are returned, the return rate rises to 26.4% According to Statista, the most returned online purchases in the U.S. According to Statista, the most returned online purchases in the U.S. Fashion Influencers Have Created a Costly Trend for Retailers appeared first on Supply Chain Nation.

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How Important is 1% to Your Supply Chain?

BlueYonder

Let’s apply this same concept to your supply chain. What if the assumptions that are being made about your supply chain plan and its accuracy are wrong? What if the data being used to inform your supply chain planning decisions is not precise, or worse, what if you are relying on a “good enough” approach to planning?