Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

The next time you feel the need to toast someone, raise your glass to all the supply chain professionals involved in omnichannel retail operations. Omnichannel logistics challenges. From a consumer perspective, omnichannel retail is about enjoying a seamless shopping experience across channels and selecting a delivery method that meets personal timing and location preferences. Lack of Inventory Visibility and Metrics.

Understanding Supply Chain Management

SupplyPike

Supply Chain Management (SCM) is a systematic and controlled procurement operation. Procurement usually comprises a diverse range of suppliers chosen according to a conceived ability to supply merchandise at the right price. Omnichannel retailers must discover the best way to blend the occasionally disputing demand between offline stores and online retail. Five Key Metrics for Monitoring the Impact of Panic Buying on your Supply Chain. Learn about.

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The Top 10 Supply Chain Blog Posts from 2017

Cerasis

We want to make sure that supply chain practitioners, as well as manufacturers, understand how all of these technologies are affecting the entire supply chain, including the supply chain & procurement side of a manufacturing operation. How can you apply the digital supply chain for effectiveness including going omnichannel. Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

Top 5 Trends to Know to Compete with Amazon’s Supply Chain

Cerasis

Technology Will Reshape Procurement Practices. Better procurement practices translate into better overall sales, but the role of procurement in driving sales’ statistics will change throughout 2017. Today, procurement drives up to 67 percent of sales, explains Johnathan Webb of Forbes magazine, as procurement professionals look for innovative ways to produce effective, superior products. Procurement strategy was not always evident.

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Collaboration and Visibility in the Supply Chain

Oracle SCM

Often this data is rolled up organizationally, geographically or in distribution through performance metrics or key performance indicators (targets change with these roll ups). Gather global commodity prices and planned global procurement to drive procurement to best prices.

Where Is the ROI in a WMS Implementation?

Veridian Solutions

A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Furthermore, utilizing a WMS may mean staying in business as the Amazon Effect is putting considerable pressure on companies to implement an omnichannel supply chain strategy. Without a modern, enterprise-capable WMS, businesses with a complex supply chain and goals of going omnichannel may not stay in business much longer. Refinement of procurement strategies.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

There are so many potential issues that can impact a supply chain to cause delays (such as fluctuating availability of raw materials, hold-ups in customs, adverse weather, staffing problems, political issues, procurement problems, changes in legislation and so on) that being able to realistically foresee and safeguard against each of them will only ever be partially successful, and it takes up a lot of resources. Metrics such as Perfect Order Rate tell businesses a lot.

What Is Driving Interest for a Warehouse Management System in the Cloud?

Veridian Solutions

Since an on-premise solution is limited by the internal IT resources of your company, it may not be possible to expand its functions and size to meet increased e-commerce and omnichannel demands. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Depending on the vendor, cloud-based systems offer the functionality to replace an entire suite of applications and streamline warehouse and supply chain management, from procurement through final delivery.

50 expert tips on logistics planning and strategy

6 River Systems

As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. ” — 7 Metrics You Need to Streamline Your Warehousing Processes , Aero Fulfillment; Twitter: @AeroFulfillment.

50 expert tips on supply chain management

6 River Systems

” — Matt Reynolds, Opinion: As COVID-19 Precipitates Big Consumer Shift, Omnichannel Adapts , Packaging World; Twitter: @packagingworld 8. Establishing protocols, metrics, organizational owners, and related processes can empower organizations to respond more effectively when faced with a crisis.” ” — Chadwick Stephens, 5 Ways to Improve Your Procurement Crisis Management , Procurement Pulse by NASPO; Twitter: @NASPOnews 30.

The Top 10 Logistics Blog Posts from 2017

Cerasis

Last mile e-commerce, last mile technology, last mile metrics and white glove services make standard shipping conversations seem like child’s play, and the new focus on the last mile is anything but. Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. As each year comes to a close, we all look back on the year that was in reflection.