KFC, a fast food favorite, made headlines last month for suffering a chicken shortage that brought 900 restaurants in the UK to a halt. Recently, the chain announced it was suffering from a gravy shortage as well. Not ideal for a chicken restaurant. No chicken and no gravy mean no customers. The whole debacle could have cost Yum! Brands Inc., KFC’s Parent company, up to £1m in losses per day. MORE
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The United States has been lagging behind other parts of the world when it comes to the testing and adoption of drones for last mile deliveries. This is not due to a lack of interest or research and development efforts from some of the largest drone manufacturers. In fact, companies such as Amazon, Google, and UPS have invested incredible amounts of money into how they can deploy drones to make deliveries.
KFC, a fast food favorite, made headlines last month for suffering a chicken shortage that brought 900 restaurants in the UK to a halt. Recently, the chain announced it was suffering from a gravy shortage as well. Not ideal for a chicken restaurant. No chicken and no gravy mean no customers. The whole debacle could have cost Yum! Brands Inc., KFC’s Parent company, up to £1m in losses per day.
Three years ago, the Chartered Association of Business Schools (ABS) has released its last ranking of business journals: the Academic Journal Guide (AJG), also known as the “ABS list” This ABS ranking has become quite influential as the guiding journal ranking across management disciplines in the UK. Although the ranking has been heavily criticized (see my previous post ) and more democratically-developed rankings exist (e.g.
KFC, a fast food favorite, made headlines last month for suffering a chicken shortage that brought 900 restaurants in the UK to a halt. Recently, the chain announced it was suffering from a gravy shortage as well. Not ideal for a chicken restaurant. No chicken and no gravy mean no customers. The whole debacle could have cost Yum! Brands Inc., KFC’s Parent company, up to £1m in losses per day.
Product lead time is crucial in the life sciences industry and represents a key consideration for customers’ purchasing decisions. For this reason, BD Biosciences aimed to optimize its global supply and distribution network to reduce delivery lead time to customers and optimize its global inventory. How was BD Biosciences successful in reducing global distribution lead times between 30% and 60% in addition to: Increasing agility to prioritize urgent and ad-hoc customer requests Increasing global
To say there is any one single way in which to manage a warehouse would be folly—much depends on the nature of the supply chain and of the warehouse itself. However, there are certain common principles that can and should be applied. Conversely, of course, this also means there are a number of ways in which companies can get it wrong. To help you keep on top of your warehouse management and ensure your storage facilities don’t generate undue supply chain costs, take note of the following eight c
| Michael Tesch | Packaging Engineering Consultant | Chainalytics | It is not uncommon for a scenario of “being too busy to save money” to occur in most industries, especially when it comes to the utilization of effective packaging solutions. When business is booming, products are flying off the shelf, and profits are soaring to … The post Too Busy to Save Money?
| Michael Tesch | Packaging Engineering Consultant | Chainalytics | It is not uncommon for a scenario of “being too busy to save money” to occur in most industries, especially when it comes to the utilization of effective packaging solutions. When business is booming, products are flying off the shelf, and profits are soaring to … The post Too Busy to Save Money?
From a simple place to stock goods, warehouses have developed in many ways—function and form included. Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Just-in-time techniques have led to more products arriving directly from manufacturing to the end-customer, shrinking warehouse use.
Some companies run their Sales & Operations Planning (S&OP) with great effectiveness. However, too often S&OP maturity and performance stalls, even when the supporting S&OP processes and systems are properly implemented. S&OP culture and leadership has often been proposed as a mechanism to improve S&OP performance. More specifically, Tuomikangas and Kaipia (2014) suggest that this includes “ the organizational mind-set and practices that facilitate and advance formal plan
The biggest bandwagon since the dotcom revolution, companies of all stripes are chanting “blockchain, blockchain, BLOCKCHAIN” in their marketing as if it were a spell they could cast to magically attract business. While most people don’t even understand this exciting new technology beyond the notion of its role in the rise of “crypto-currency”, there are practical uses for it across many critical business functions.
Some companies run their Sales & Operations Planning (S&OP) with great effectiveness. However, too often S&OP maturity and performance stalls, even when the supporting S&OP processes and systems are properly implemented. S&OP culture and leadership has often been proposed as a mechanism to improve S&OP performance. More specifically, Tuomikangas and Kaipia (2014) suggest that this includes “ the organizational mind-set and practices that facilitate and advance formal plan
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
On April 6, the new rules for the Sanitary Transportation of Human and Animal Foods will come into effect for small businesses. As the date approaches, it can be useful to review what shippers, carriers and brokers will need to comply with when handling food. Read on for an overview of the main requirements! The Sanitary Transportation Rule. The Sanitary Transportation Rule which is part of the U.S.
Tailwind Enterprise is a flexible, cloud-based Enterprise Transportation Management Software (TMS) for fast-moving logistics companies. March 14, 2018 – Vancouver, BC – Tailwind Transportation Software is pleased to announce the launch of their new fully web-based Enterprise Transportation Management Software (TMS). The fully cloud-based (no hosting or servers required) TMS has been built specifically to serve rapidly growing small and mid-sized logistics companies.
Today’s Wednesdays for Women blog is an insightful conversation with Kirsten Piacentini, Vice President of Inventory Management at L.L.Bean; who just so happens to be one of JDA’s transformative customers in retail! Kirsten grew up outside of Chicago and has lived in the Portland, Maine area for the last 24 years. She shares her journey working her way up from a consultant at L.L.Bean, through to her leadership role now.
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
Today’s Wednesdays for Women blog is an insightful conversation with Kirsten Piacentini, Vice President of Inventory Management at L.L.Bean; who just so happens to be one of JDA’s transformative customers in retail! Kirsten grew up outside of Chicago and has lived in the Portland, Maine area for the last 24 years. She shares her journey working her way up from a consultant at L.L.Bean, through to her leadership role now.
When it comes to how best to manage their transportation operations, many shippers often find themselves at a crossroads: should they implement a transportation management system, outsource everything to a logistics service provider, or take a hybrid approach? The right answer for one shipper might not be the best approach for another. So, how do you determine which path to take?
According to a Credit Suisse analyst, Walmart plans to hit a 40% US online growth target by 2019, and the company may have found a way to relieve its online growth concerns, as well as get it to its targets in the next two years.
As globalization continues to increase the amount of freight shipped across international boundaries, so too does it increase the risk of losses through cargo theft. Already this year (2015)`, a spate of cargo vessel hijackings in the Asia Pacific region has resulted in millions of litres of fuel oil and, to a lesser extent, chemicals, being lost to the black market.
Speaker: Lee Andrews, Founder at LJA New Media & Tony Karrer, Founder and CTO at Aggregage
This session will walk you through how one CEO used generative AI, workflow automation, and sales personalization to transform an entire security company—then built the Zero to Strategy framework that other mid-market leaders are now using to unlock 3.5x ROI. As a business executive, you’ll learn how to assess AI opportunities in your business, drive adoption across teams, and overcome internal resource constraints—without hiring a single data scientist.
Despite fears that Amazon’s enormous eCommerce presence would squash local small businesses, many savvy SMEs are taking an “If you can’t beat ‘em, join ‘em” approach, and using the online marketplace to their advantage. TradeGecko’s inventory and order management software will help you automate your workflows so you can focus on growing your business.
IRX and EDX 2018 are just around the corner. Visit the shows from 21-22 March at the NEC Birmingham for two days of thought-provoking discussion, events and content on the hottest retail topics.
Read PDF. Zenopt and RELEX Solutions to provide Coop Värmland with a cutting-edge solution for workforce optimization. Coop Värmland , a Swedish consumer cooperative that runs around 60 supermarkets and employs 1,700 people, aims to optimize its staff schedules to reduce idle time and improve the customer experience. Workforce optimization specialist Zenopt, which RELEX invested in last year, will use the forecast data RELEX’s solution already produces for the retailer to match staff shift
NewVoiceMedia, provider of cloud contact centre and inside sales technology, has announced that Berlin-based food-delivery service, Delivery Hero AG, has selected its platform to transform its global customer experience.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
Four decades of breakneck economic growth turned China into the world’s biggest carbon emitter. But now the government is trying to change that without damaging the economy — and perhaps even use its green policies to become a leader in technological innovation. So, as lawmakers attend the annual National People’s Congress, here’s a look at the impact of the environmental focus, at home and abroad.
Few scientists achieve the kind of fame attained by Professor Stephen Hawking of Cambridge University. His notoriety came as much from his courage as his brilliance. At the age of 21, Dr. Hawking was diagnosed with amyotrophic lateral sclerosis (more commonly known as Lou Gehrig’s disease). It’s a disease that damages nerves causing those suffering from it to lose control of movement and eventually results in paralysis.
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