Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming retail transportation’s supply chain and logistics processes. Unfortunately, many retailers are jumping in without a plan — that is, they are taking a short-term, silo’ed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. But what are some of the unintended consequences retailers are experiencing by jumping in without a plan?

Lumber Liquidators Suspends All China Sourced Laminate Flooring Products

Supply Chain Matters

Lumber Liquidators, one of the largest and fastest growing retailers of hardwood and laminate flooring in North America, announced this week that it is suspending all of its China sourced laminate flooring products. Procurement and Sourcing Product Quality Retail Supply Chain Supply Chain Disruption Supply Chain Risk Management blog dedicated to supply chain management Lumber Liquidators supply chain Supply chain Matters blog Supply Chain Risk

Lumber Liquidators Terminates Sourcing of China Produced Laminate Flooring

Supply Chain Matters

In February of 2015, Lumber Liquidators, at the time, one of the largest and fastest growing retailers of hardwood and laminate flooring in North America was involved in a supply chain expose. Approaching 18 months later, the retailer continues to deal with the customer, brand and financial impacts of that disclosure. Procurement and Sourcing Product Quality Retail Supply Chain Lumber Liquidators China sourcing Lumber Liquidators supply chain Supply chain Matters blog

Don’t Jump In Without a Plan: Transportation Sourcing in an Omni-channel World

Talking Logistics

Omni-channel is transforming the supply chain and logistics processes of retailers, especially their transportation processes. But many retailers are jumping in without a plan — that is, they are taking a short-term, siloed approach to transportation sourcing and execution, and as a result, are failing to meet their desired outcomes. What are some of the unintended consequences retailers are experiencing by jumping in without a plan?

Deep Dive on 2017 Prediction Four: Increased Anti-Trade Geopolitical Forces Provide Added Global Sourcing Challenges

Supply Chain Matters

The following Supply Chain Matters blog is part of our ongoing series of deep dives into each of our previously unveiled ten 2017 Predictions for Industry and Global Supply Chains. At the start of the New Year, our parent, the Ferrari Consulting and Research Group along with our Supply Chain Matters blog as a broadcast […].

The Top 5 Reasons You Need a Transportation Sourcing Solution

Talking Logistics

If you are buying widgets, there are many ways to make your purchase, from going to a retail location, ordering online or using a standard procurement software tool that allows you to order lots of widgets and receive them over a specified period of time.

Factory Destruction Across Vietnam: Supply Chain Sourcing Flexibility and Resiliency Has Never Been as Important

Supply Chain Matters

In the quest to seek alternative global low-cost manufacturing sourcing across multi-industry supply chains, countries such as Thailand and Vietnam were high on the list. Both offered relatively attractive direct labor wage rates while offering a highly educated and motivated workforce. Up to this point, that has resulted in a steady flow of foreign investment in these countries including internal supply chain ecosystem capabilities.

Retail Suppliers Pitted Against Private Equity Investors

Supply Chain Matters

This particular blog applies to the retail industry and its associated supply chains and how private equity financing practices are pitting suppliers against investors. Consumer Goods Focused Supply Chain Online Customer Fulfillment Procurement and Sourcing Retail Supply Chain Supplier Collaboration Supply Chain Risk Management supply chain insights Supply Chain Matters

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Another Optimistic Forecast for 2019 U.S. Retail Sales

Supply Chain Matters

The National Retail Federation is forecasting that U.S. retail sales for 2019 will increase between 3.9 Retail industry customer fulfillment and supply chain management teams should likely be preparing for another active year but with contingency planning in-place. retail sales.

Digital Sourcing in the New Retail Economy

Supply Chain 24/7

This ebook reveals the findings of a survey of 250 retailers focusing on the state of global sourcing and supply chain management, it reveals how retailers still have a long way to go to better streamline communication and simplify their operations

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Smarter Inventory Management Will be One of the Key Competencies for Retailers in the Coming Year

Supply Chain Matters

While the nation’s retailers gather in New York City this week to attend the National Retail Federation’s 2019 Annual Conference, the Supply Chain Matters blog declares that inventory management will be one of the key competencies for retailers this year.

GAP Elects to Source Some Apparel Production within Myanmar

Supply Chain Matters

announced plans to source apparel production within factories in the country of Myanmar and the headline was the first U.S. apparel retailer to source in that country since sanctions were lifted two years ago. The apparel retailer indicated that it had engaged in a sourcing deal involving South Korean owned factories that operate in the country. According to a published report in the Wall Street Journal, the announced sourcing represents one of the largest U.S.

Retail supply chain management and the rise of fast fashion

Kinaxis

However, when it comes to the efficiency of today’s retail supply chain management techniques, controversy is replaced by admiration as international clothiers boast operations efficient enough to accurately anticipate demand in one of the world’s most rapidly changing industries.

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Supply Chain Matters Founder Bob Ferrari to Speak at Intesource E-Sourcing Innovation Conference

Supply Chain Matters

Such trends include more rapid advances in the technology and software applications supporting sourcing and procurement business processes. Once more, retail food and beverage and other service industries are undergoing extraordinary challenges brought about by global expansion of supply networks. On March 8-10, e-Sourcing technology provider Intesource will be hosting its 2015 InnovationBest Practices in Sourcing customer conference in Las Vegas.

Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

The Network Effect

Source: “Target CIO Adds Custom Apps…” CIO.com. “The in-sourcing and custom development is a painstaking process, but one McNamara says is necessary before the retailer can begin analyzing its supply chain for sales and customer trends and better allocate resources across the enterprise. Source: “Target CIO Adds Custom Apps…” CIO.com. The post Is “In-Sourcing” the Answer to Rigid, Enterprise Software?

Tariffs and 5 Areas Retailers Need to Focus on Now

Supply Chain Nation

For decades, from hardware to electronics, textiles, food, household goods, and general merchandise; retailers have been offering lower prices on goods sourced overseas. Retail strategies to mitigate costs. What can retailers do?

Five Tips on Sourcing Products From China

EMERGE App

Google a phrase like “sourcing products from China” and you’ll instantly be faced by almost 39 million results! You need to source for products to sell at wholesale prices to your retail customers. Sourcing Consultant. Introduction.

When it Comes to ‘Logistics & Sourcing’ at RILA Supply Chain the World is Your Oyster!

Supply Chain Network

One of the things I most look forward to when attending the RILA Supply Chain conference is all of the great retail global logistics & supply chain professionals and information to be found assembled all in one place.

Bad Retail is Dead — Long Live Retail

Enterra Insights

Brick-and-mortar retailers continue to declare bankruptcy at an alarming rate. Ben Unglesbee ( @Ben_RetailDive ) and Cara Salpini ( @CaraSalpini ) bluntly write, “Last year was a dismal one for certain retailers. Those ‘certain’ retailers include ones with a lot of debt, that depend on malls and whose business is especially susceptible to the explosion of Amazon online and off-price sellers in the physical world. Bad retail is dead.”[2].

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Supplier Suspends Sales of Inventory to Major Retailer

Supply Chain Matters

Inventory Management Procurement and Sourcing Retail Supply Chain Supplier Management effects of elongated supplier payments Supply chain Matters blog trends towards supplier aggressivenessThis past August, this author penned a Supply Chain Matters blog commentary: The Newest Phase for Elongated Supplier Payments- More Aggressive Push Back.

Welcome to 2019: 5 Retail Trends You Need to Know Now

JDA software

It’s a new year and retail is moving faster—finally we’re seeing retailers looking in the right direction—up. So, take five, grab a cup of coffee and read on for my predictions of what the end of a decade in retail has in store. What are your retail predictions for 2019?

How to Move from Gartner Stage 2 to Stage 3 Retailing

ToolsGroup

Using the Gartner Demand Planning five stage maturity scale, analyst Mike Griswold estimated on a recent call that retailers as a group averaged just 2.3 In this stage, retailers hire demand planners to create more accurate forecasts by using point-of-sale data and online transaction history.

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Optimizing Retail Supply Chains to Meet Demand and Reduce Costs

Transportfolio

The modern retail consumer. Digital retailers have changed consumers’ expectations across the entire retail landscape, with convenience and immediate access to almost any product now foremost in consumers’ minds. Gaps in modern retail supply chains.

Bangladesh Catastrophes Drive Ethical Sourcing Initiatives

Logistics Viewpoints

Sourcing to low cost destinations is not a new development and Bangladesh has been a favored destination of apparel brands and retailers. This incident, and three others during 2013-14, challenged the sourcing strategies of large […].

Omnichannel Retail Strategy: Not just a Buzzword, But a Business Model

Cerasis

An omnichannel retail strategy is the new norm in today’s supply chains. Therefore, an omnichannel retail strategy must become the new standard business model for companies wanting to remain competitive.

A Commentary on Proposed Surge Pricing for Online Retailers

Supply Chain Matters

United Parcel Service announced a new variation in surge pricing, charging top retail shippers for inaccurate forecasting of shipments during peak holiday periods. Online Customer Fulfillment Procurement and Sourcing Retail Supply Chain Transportation and Logistics Supply chain Matters blog UPS proposed surge pricing

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An Introduction to Blockchain for Retailers

Repl Group

And what does it mean in practical terms for retailers? The Blockchain Opportunity for Retailers. This is all very interesting, but what does blockchain signify for retailers? In fact, Walmart are already using it to track down contaminated food sources to ensure customer safety.

Fast Fashion Retail Requires Supply Chain Strategy Shifts

Supply Chain Matters

Supply Chain Matters has provided a number of retail industry focused commentaries regarding the trend toward Fast Fashion that has been pioneered by Zara and now other retailers. Procurement and Sourcing Retail Supply Chain Sales and Operations Planning Supply Chain Strategy Supply Chain Technology fast fashion supply chain Independent supply chain industry analyst Bob Ferrari's Blog Supply chain Matters blog supply chain technology influencer Bob Ferrari Xcel Brands

Sorting out Risk in FinTech Source Chains

NC State SCRC

But emerging technology is now beginning to create new ways to think about sourcing risk, which in the past has been a very manual, encumbered process. This has caused banks to look at the flow of activities in the “source chain”, which refers to the way that third parties use bank data for different opreations. Today, this end to end sourcing process has literally hundreds of different steps in the process. Let’s examine the source chain in more detail.

A Statement That Evokes Special Concerns and Actions Within Retail Supply Chains

Supply Chain Matters

Earlier this week, Sears Holdings, operator of Sears and Kmart branded retail stores in issuing what is termed a “going-concern” warning to the company’s investors, evoked special, and added concerns among its supply chain partners. In its annual report, the retailer indicated “substantial doubt exists related to the company’s ability to continue as a going […].

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What Your Company Needs to Succeed in Today’s Retail Landscape

AIMMS

It’s no mystery that some of the world’s largest retail chains are struggling to survive. In Europe, V&D , a major Dutch department store, and Brantano , a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy.

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April 12 2018 Edition of Thsi Week in Supply Chain Tech

Supply Chain Matters

Super Centers and retail stores. According to the report, the retailer has hired 40,000 store workers to pick groceries in fulfillment of online orders. Lenovo to Partner with LavaData on AI-Driven Transformation of Sourcing and Procurement Processes.

The Hidden Complexity in the Retail Supply Chain!

Supply Chain Game Changer

Check out Introducing Lean In Retail … Start in the Backroom! As consumers the complexity in the retail supply chain is usually oblivious to us. There is a tremendous amount of complexity which Retailers must navigate to provide this experience. The Retail Calendar.

Omni-Channel Retailers Supply Chain Survival Plan

Logility

Omni-channel retailers must be able to leverage their inventory and supply chain visibility more intelligently, or risk being swamped by these “new world orders.” ” (see Retail TouchPoints white paper: Develop an Omni-Channel Competitive Advantage ).

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Is it Advantage Organized Retail in India?

Logistics Trends and Insights

Guest post by a former UPS colleague and now independent consultant with a particular specialty in India, e-commerce and retail. For more on Raghu and how to contact him with questions, sources etc. There has been a sea change in the Indian Retail landscape over the past ten years.

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