5 Ways an Omnichannel Supply Chain Strategy Can Improve Customer Experience

Cerasis

The importance of an omnichannel supply chain strategy cannot be overstated. According to Randy Strang of Supply Chain 24/7, a survey of the most important parts of a shopping experience found customers’ expectations are more than meets the eye. This means omnichannel supply chain success is key to at least 62 percent of shopping experiences. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service?

A Don’t Touch Supply Chain Strategy Must Now Dominate The Future!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. A “Don’t Touch” Strategy will Dramatically Lean out your Supply Chain! The overarching strategy for limiting exposure to, and spreading of, the Coronavirus is that of Social Distancing. But even with social distancing, the global lockdowns, temporary closures of many businesses and disruptions of economies everywhere there are still Supply Chains in action, as disrupted as they may be.

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E-Commerce Continues to Add Focus on Omnichannel Supply Chain Strategies: Projections for 2018 Demand Continuous Improvement

Cerasis

Omnichannel supply chains are increasing in complexity and prevalence for good reason. Warehouse Managers Avoiding Omnichannel Supply Chain Strategies Will Lose Competitive Ground Competitive advantage is based on the ability of companies to offer products or services at reasonable, competitive prices. Today, more than half of the nation’s 140 retail chains in the top 500 offer omnichannel shipping and pickup options, and 72.1

Key Ingredients to Formulating a Winning Supply Chain Strategy in the Process Chemical Industry

Logility

Process manufacturers face a highly complex supply chain challenge. Add to these factors such as razor-thin margins, SKU-proliferation, globalization, and products that tend to be heavy, bulky and/or expensive to move and it quickly becomes apparent why process manufacturing supply chains are very challenging. There are several key ingredients in formulating a winning process manufacturing supply chain.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. ” Meet Our Panel of Supply Chain Professionals: Trey Howard Emmanuel Frost Michael D.

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Logistics

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Research shows that having real-time supply chain visibility is necessary to build a responsive, resilient, competitive, and profitable operation.

How Supply Chain Strategy Misalignment is Killing Kmart USA

Logistics Bureau

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. As food for thought in the meantime, I want to illustrate how seriously supply chain strategy misalignment can impact your company , using the story of Kmart USA to illustrate some of the possible consequences.

Is Inventory Waste or an Asset?

Supply Chain Shaman

Next week is the annual Supply Chain Insights Global Summit , and summit preparation is on my agenda for the weekend. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. We feel so strongly about this that we do not have an inventory planning role.” Inventory is both.

Why Real-Time Visibility Should be Core to Your Supply Chain Strategy

CH Robinson Transportfolio

Using technology to drive strategy and improve performance—and ultimately create financial value—is top of mind for shippers today managing complex global supply chains. A key component of this technology trend is the need for a supply chain visibility platform. Research shows that having real-time supply chain visibility is necessary to build a responsive, resilient, competitive, and profitable operation.

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. Transport.

Building your Supply Chain Strategy: The Five Tenets of High-Performing Supply Chains

Supply Chain Nation

The last 15 years have been a rollercoaster for supply chain professionals as companies embraced supply chain innovation, moving up the five steps of the supply chain maturity curve, supported by new technologies. During this time, JDA mirrored this vision of supply chain strategy that fosters competitive advantage and profitable growth based on the five tenets of high-performing supply chains.

Supply Chain Strategy: Thoughtfully Designed, or an Afterthought?

FLEXE

<p>Many of the world’s best-known companies’ supply chains grew from a series of historical accidents rather than intentional design. Because of this, a simple activity like mapping and visualizing supply chain flows can often spark critical questions such as, “Why are materials sourced from Region A, produced in Region B, then air-shipped as a finished product back to Region A?”

Defining and Implementing an Effective Transportation Strategy

Talking Logistics

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. Transportation strategy is the second component, and that’s focused on positioning transportation to support your supply chain strategy (i.e.,

Top 5 Ways Inventory Tracking Technology Is Evolving

Cerasis

Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory tracking technology to evolve, making sure consumers can get the products they want, through the media and channels they want, and at the prices they want. However, inventory tracking technology is evolving, and your company needs to understand how it will promote omnichannel shopping strategies.

Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

A new study by the SupplyChainDigest analyzing the main components of working capital: Days Sales Outstanding (DSO), Days Inventory Outstanding (DIO), and Days Payables Outstanding (DPO) revealed an uptick in DIO. This and much more, in your Monday supply chain briefing from Arkieva. Supply Chain News. New Study Shows a Rise in US Company Inventories. In the US economy, overall inventory levels have been ticking up in recent years.

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I also worked with a team of leading thinkers in developing the Future of Procurement Report (published by KPMG) , as well as publish the BVL International Global Logistics Trends and Strategies report with a team of leading academics and executives in Europe, China, North and South America, Russia, and India. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics.

Black Friday isn’t What it Used to Be…E-Commerce has Changed the Landscape

Supply Chain View from the Field

To cope with this environment, companies are seeking to outsource more technology design, inventory management, working capital investments, and planning execution to other partners in the supply chain. Experts have warned that driving too much responsibility up the supply chain can result in significant risk and loss of control. A supply chain strategy involves making decisions: How do you distribute?

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Job opening: Global Supply Chain Director at Océ

Supply Chain Movement

Great career opportunity for a Supply Chain Director with a proven track record in new product introductions and successfully delivering complex supply chain projects within a high tech environment! Global Supply Chain Director. Managing supply and demand for high value low volume production print products worldwide ensuring in time product delivery. Your role as Global Supply Chain Director.

UPS Executive Shares Insights on Total Cost of Ownership in the Electronics Supply Chain

Supply Chain View from the Field

This is all done by real-time scanning with agreed on scan points, including the transfer from their dock at the plant, transport to the airport, turnover to the carrier, loading onto the plane, another transmission on wheels up (showing if the plane is behind), and the technology wrapped around all of these scans and systems has a cost to be wrapped around that. Ken Torok came to my class on Monday evening, and provided a delightful discussion on total cost of ownership.

4 Common Supply Chain Cost Blowouts

Logistics Bureau

Whatever your supply chain role might be, monitoring and controlling costs is almost certain to be an important area of responsibility for you. However, when you’re busy with the day-to-day activities of keeping materials moving and fulfilling customer orders, it’s not difficult for increases in operational expenditure to go unnoticed until before you know it, you’re dealing with one or more supply chain cost blowouts. Inventory.

Digital Transformation of Your Supply Chain Network in the Age of AI

Solvoyo

Trying to understand and implement Artificial Intelligence for your Supply Chain Network during your digital transformation efforts, or let alone finding the right partner in your journey is like walking in an enchanted forest with full of myths, ogres, and lost souls trying to find a way out. Let’s try to look at few common myths you may come face to face in your quest to transform your Supply Chain Network by using AI while going digital in your organization.

Join BVL International at the North American chapter kickoff on August 12, 2013

Supply Chain View from the Field

Logistics complexity – in the form of fragmented channels, increased product variations, and consumer demand for customized solutions – has been increasing, according to a global study published recently by BVL International, a worldwide supply chain and logistics membership organization. The study included more than 60 interviews with global supply chain executives and survey responses from 1,757 executives.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

How to Control Costs in Your Supply Chain

PLS Logistics

Supply chain costs are controlled by management and strategy. You can keep costs down by managing every step in the supply chain process. To find reductions in supply chain costs, supply chain strategies have to align with customer expectations and business goals. Supply chain strategy gauges the cost-benefit trade-offs of operative components. Supply Chain Transportation Spend

3 Steps for Making Digital Transformation Happen in Supply Chain Planning

Solvoyo

In the Supply Chain Planning context, these include decisions about which products to keep in stock, where to keep them, when to replenish them, how to improve service levels for customers, how to liquidate excess stock in the most profitable way, how to respond to changes in customer demand in the most agile way, and etc. Bringing Agility into Supply Chain Management. This goes for Supply Chain Management and the surrounding IT infrastructure as well.

5 Ways to Optimize Your Logistics & Transportation with Lean

Arkieva

Are you using lean in your logistics and transportation management? The transportation company’s culture and behavior should change to apply Lean thinking. Transportation takes time. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. The list of additional waste generated by transportation goes on and on.

Lean 68

Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

NC State SCRC

Contract data is the real ROI behind the adoption of these systems, as this data becomes foundation for application of artificial intelligence systems, that will lead to even more interesting and useful applications for supply chain management. Data from CMS’s can be used for upstream/downstream analysis, comparing how customer needs are translating into supply market capabilities, prices, and capacity requirements.

3 Things you Need to Know about Your Supply Chain (Plus an Extra One)

Logistics Bureau

When I first published this post, it was called “3 Things You Need to Know about Your Supply Chain.” ” However, I recently realised that I was omitting a fourth key factor that can contribute to supply chain glitches and gremlins. For those CEOs and other execs who don’t know much about supply Chain or logistics management, I’d like to highlight the four key areas to really keep an eye on. Supply Chain Impact on Shareholder Value.

Learning to Work with Machines That Learn What the Experts Know

NC State SCRC

It is no secret that future generations of managers are being asked to learn all about the different processes in the end-to-end supply chain, and be able to come together with others in a fast action plan when a disruption strikes. Over time, as the system learns, it can be used to better train young professionals based on the expert work of more experienced supply chain professionals.

How Transportation’s Role is Changing in Today’s Market

CH Robinson Transportfolio

Many would argue that the role of transportation services within business has been changing over the past few years. But I also ask: is transportation what has really changed? Or is transportation only becoming increasingly important because of everything else that has changed? Look at the sweeping advances in technology, the disruption to labor, and the influence consumers now have on demand planning and supply chain strategy.

The Origins of Category Management

Supply Chain View from the Field

I was involved in inventory control area on what they used to call “residual parts”, which were leftover parts that you ended up trying to sell into the service parts organization. This impacted transportation costs, resins, chemical feedstocks, and a whole bunch of other areas. But I was able to map out the value chain back to petrochemicals, and was able to estimate weights which were then pushed back onto part numbers.

The Basics of Walmart Replenishment

SupplyPike

Learn about: Cross-docking Walmart’s inventory technology Shelf-scanning robots Vendor-management inventory. Walmart’s global inventory is worth more than $32 billion on any given day and presently operates more than 11,500 stores across 27 countries. In order to maintain that inventory, the retail giant uses three basic strategies for replenishment : Cross-Docking. Walmart’s inventory strategy primarily revolves around cross-docking.

How Adding Ship-from-Store to an Omni-channel Strategy Changes the Retail Network

Talking Logistics

Integrating a ship-from-store strategy can enhance customer service and serve as an important competitive differentiator. The challenge is determining if and when a ship-from-store strategy makes sense and how to best enable this fulfillment option without impacting store productivity and service. Additionally, ship-from-store improves margins by providing demand to slow moving inventory trapped at a store.

Implementing Omnichannel: How to Get Your Supply Chain Ready to Go Omnichannel

Cerasis

Omnichannel has been a buzzword in supply-chain circles for several years, but retailers that have invested in implementing omnichannel strategies have shown less than superior results, says Steve Dennis via Forbes. These problems show weaknesses and overlooked concerns when implementing omnichannel supply chain strategies. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.