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E-commerce has increased to numbers no one could’ve predicted. And the demands appear to be heading in an upward direction. As reported by Forbes, Vivek Pandya, Adobe’s Digital Insight’s manager summed up this trend across retail supply chains nicely. “According to our data, it would’ve taken between 4 and 6 years to get to the levels that we saw in May if the growth continued at the same levels it was at for the past few years.”.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Complexity in the Retail Supply Chain! Get Our EBOOK HERE. RFID article and permission to publish here provided by Vic Bageria. Radio-frequency identification (RFID) monitoring systems involve attaching tags to specific objects so you can track, monitor, and collect data for them.
How often do you think about your retail reverse logistics strategy? It’s easy to assume retail reverse logistics is solely based on returns. While this is partially true, all retail reverse logistics involve a backward flow of products that return to their origin. Returns may derive from buyer’s remorse, damage to items, defects, end-of-life disposal, and even recycling.
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.
In the crowded retail marketplace, customer experience is key, and logistical capabilities are what set the winners apart from the less prepared. Companies that are not able to deliver goods at the right time and place will risk losing their customers to one of many competitors. Furthermore, failing to deliver against the lowest costs may mean setting back business goals.
Raj Govindarajan, Senior Director, Supply Chain at KeHE. Raj Govindarajan agreed to answer questions about KeHE Distributors digital transformation. Mr. Govindarajan is the Senior Director, Supply Chain (Systems, Processes & Analytics) at KeHE. KeHE is a national wholesale food distributor that has been in business for 70 years. Steve Banker : Tell me about KeHE and KeHE’s supply chain!
Raj Govindarajan, Senior Director, Supply Chain at KeHE. Raj Govindarajan agreed to answer questions about KeHE Distributors digital transformation. Mr. Govindarajan is the Senior Director, Supply Chain (Systems, Processes & Analytics) at KeHE. KeHE is a national wholesale food distributor that has been in business for 70 years. Steve Banker : Tell me about KeHE and KeHE’s supply chain!
“Leaders today need to revisit an overlooked skill: asking questions.” So writes John Hagel III in a recent Harvard Business School Review article titled, “Good Leadership Is About Asking Good Questions.” Here are some excerpts: You think you have the answers to all important questions? That suggests that you are either clueless — you have. Read more Asking Good Questions (Inspiration Behind Indago).
Supply chain leaders have faced significant challenges in the past, and in 2020, the coronavirus pandemic spotlighted the need for supply chain resilience and integration. Among these, an integrated return management strategy can make or break successful operations. Failure to consider how the disruption affects all parts of the supply chain will lead to delays and added costs.
ERP vs. Best-in-Class for Healthcare Supply Chain Management? They both do the same thing, or do they? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?
A few weeks ago, I had the opportunity to speak with Nil Durak, Chief Operating Officer at Solvoyo as part of ARC’s Supply Chain Forum. In this conversation, Nil and I spoke about the big picture of supply chain digital transformation, as well as taking a deeper dive into the supply chain planning market as well as the role of digital twins. I asked Nil to give some deeper insights on a few key points.
What’s the difference between traditional inventory planning and inventory optimization? Anyone can come up with a plan. The real challenge is making sure it’s a good plan. Optimizing your inventory is a different beast than simply planning your inventory. If my time in supply chain planning has taught me anything, it is that most companies are carrying far more inventory than they actually need to meet their service level targets.
What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. Reverse logistics refers to all operations related to the reuse of products and materials. According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from th
What Will Impact Procurement Processes in 2021? Supply Chain Transformation is ongoing but never more important than in 2021. Every year, The Hackett Group surveys global organizations to better understand their top priorities. The research encompasses organizations across industries and sectors, with focus on North America and EMEA. While 2020 introduced unprecedented challenges for procurement organizations as they struggled to maintain business continuity and keep supply chains operational,
Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from Omer Ucar at Solvoyo. It was mid-March when my flatmate and I burst into a panic as the first cases of COVID-19 were officially announced. Both of the companies we were working for abruptly told us to stay home and work remotely.
“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.
Logility is working with a leader in the distribution and logistics space that provides delivery to auto dealers for the dealers’ parts and services business. This specialization allows them to be more efficient and knowledgeable about their customers and the specific parts they are delivering. Because these parts cannot be sold and services cannot be scheduled and performed until the parts are delivered, it is exceptionally important that they deliver on time and in full.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Is it just me or does FMCG life seems to be increasingly full of initials? New examples seem to pop up on a weekly basis with COVID-19 being top of mind currently. In line with many business functions Supply Chain and other functions use multiple initials and/or acronyms to describe the various tasks they manage on a daily basis. This can appear to be a foreign language and in many respects, it is.
Why does Accounts Payable Need Heroes? When the pressure is on the last thing you need is that unwanted distraction. In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Recent data from the Hackett Group reveals that AP teams that provide self-service capabilities to suppliers can achieve Superhero status by reducing inquiries by 49% and saving 50% on master data management costs.
ATLANTA – February 26, 2021 – Logility, Inc., the leader in supply chain innovation powering the sustainable and resilient enterprise, today announced the company is positioned as Leader in the 2021 Gartner Magic Quadrant for Supply Chain Planning Solutions. According to Gartner, “Through 2023, demand for new functionality in supply chain management (SCM) business applications will be driven by the effects of changing business models triggered by digital transformation.”.
Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer. Get Our EBook here. The company I had just joined had over two dozen logistics and distribution facilities around the world. While there were a lot of great people in those operations they had little interaction with their peers around the globe. But best global process excellence procedures were nowhere to be seen.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
The term “blockchain” is bandied about so often one tends to forget, when it comes to supply chain applications, the technology remains in its infancy. With so much be discussed and written about blockchain, John Walker, President at Holo Sail Holdings Incorporated, asks in a headline, “Is blockchain’s role in supply chain logistics overhyped?
Subscription Fees Increased 29%, Cloud Services Annual Contract Value Increased 24% for the Quarter. ATLANTA (February 24, 2021) American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the third quarter of fiscal year 2021. Key Third Quarter Financial Highlights: Subscription fees were $7.5 million for the quarter ended January 31, 2021, a 29% increase compared to $5.8 million for the same period last year, while Software license revenues were $0.5 million, an 86
What is Remote-Insourcing? Sounds like an oxymoron, right? Not anymore. Remote-Insourcing isn’t outsourcing—it’s a revolutionary staffing model that lets our clients fill key entry-level positions with top-tier, loyal, long-term talent, integrated seamlessly into their businesses—just like local employees but without the turnover or W2 HR hassles. With under 4% unwanted attrition, you train once and keep the same team for years.
These five supply chain drivers provide a useful framework for improving supply chain outcomes. Vanguard Predictive Planning™ enables companies to make informed decisions around efficiency and responsiveness within their supply chain.
Demo Breakout. Effectively Managing Supplier Information, Risk & Performance. Establishing an environment where information is digitally exchanged between buyers and suppliers and where processes are interconnected has become essential in the new generation of procurement and supply chain management. Integrating these processes with information channels allows for instantaneous and focused communications that enable prompt and informed decision-making processes to respond to risks and opport
We’ve read a lot about how fragile supply chains proved to be when the COVID-19 pandemic started spreading. When you think about it, however, today’s global supply chains are a true marvel. Mark van Rijmenam ( @VanRijmenam ), founder of Datafloq writes, “In today’s complex world, it is short of a miracle how we have been able to create global supply chains that move products across the globe at breakneck speed.”[1] Miraculous or not, van Rijmenam understands there’s
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