INDUSTRY INSIGHTS YOUR PEERS ARE READING
The post Survey Results: Strategies for Inventory Optimization appeared first on E2open® | Demand. Inventory management is a key contributor to the bottom line for every company with a supply chain. MORE
Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Any effective strategy must begin with effective planning. Leverage the Right Technology as Part of Your Strategy. MORE
Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . MORE
However, a third-party logistics provider (3PL) can help shippers persevere through the tough times with these capacity crunch strategies. . Capacity Crunch Strategies: The Big Picture. A shipping capacity crunch is a necessary evil. MORE
” Omnichannel strategies begin with mobile. As Halford notes, a good omnichannel strategy means your customers can access your products anytime, from anywhere, with any device. ” If you’re still not convinced about the importance of having an omnichannel strategy, Lawson observes, “According to MasterCard, customers who shop both online and off with a specific retailer buy 250% more on average. MORE
Global ManuChem Strategies 2016. Key themes covered at Global ManuChem Strategies 2016. Date: 17-18 March, 2016. Venue: Maritim proArte Hotel Berlin, Germany. Organisation: we.CONECT Global Leaders. URL: www.production-chemicals.com/en/. MORE
To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. The simple truth behind the retail apocalypse is that it is not coming today or tomorrow, but it could happen within the next decade for retailers and shippers that do not reevaluate their use of e-commerce and develop robust e-commerce shipping strategies. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.” MORE
by Alexa Cheater Our partner Celestica recently published the following article, ‘Staying Ahead of Today’s On-Demand Market: Push Versus Pull Strategies.’ Pull strategies are more like today’s on-demand options. MORE
The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce. MORE
To celebrate manufacturing day today, we thought it would be beneficial to take a closer look at how inventory strategy keeps evolving using an infographic from Arkieva based on research conducted by Aberdeen. Manufacturing Day 2017: [Infographic] The Evolution of Inventory Management Strategies was first posted on October 6, 2017 at 9:00 am. ©2017 MORE
The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? This is the core of an effective omnichannel supply chain strategy; variety and options define customer experiences. MORE
When creating a strategy to optimize your shipping network, you must keep in mind that each new warehouse should accomplish 3 goals: Decrease your cost per package Lower the amount of time your customers wait for their packages Optimal redistribution of packages to new and existing warehouses These factors should result in a determination of how many new warehouses you should add, and where. A shipping network strategy must consider shipping profiles for different times of the year. MORE
However, it can often be very tricky to determine where to begin and how to make a difference in such a tight … The post Three Tips to Drive Cost Savings Through Your Packaging Strategy appeared first on Chainalytics. MORE
Napoleon Bonaparte once said: “Strategy is the art of making use of time and space. Category: Strategy & Organization. Het bericht Working Wisdom: quote about strategy verscheen eerst op Supply Chain Movement. Blogs Napoleon strategy working wisdomI am less concerned about the latter than the former. Space we can recover, lost time never.” MORE
Your company has a strategy. Most likely not, as 60%-90% of strategy implementations fail and only 14% of executives are satisfied with the execution of a strategy. I also provide a free strategy execution survey to measures your readiness. MORE
While growing demand due to sustained economic growth is mostly to blame for the current state of the market, it is also important to point … The post Supply Chain Strategies For Improving Freight Capacity in a Tightened Market appeared first on Chainalytics. MORE
A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. MORE
First of all, shippers need to make it clear which strategy they are pursuing per product category: Product Leadership (best product, e.g. Apple), Customer Intimacy (best total solution, e.g. Cisco) or Operational Excellence (best total costs, e.g. Walmart), based on the model by Michael Treacy and Fred Wiersema. He provided a clear overview of the specific innovations his company was implementing for three different customers, each with a different business strategy. MORE
The most common strategies for moving from upstream to downstream sites are push and pull strategies , or some mix of both. A pull strategy is when customer demand drives the entire production process. Let’s put the concepts of push and pull strategies into a real-world example. MORE
What is Supply Chain Strategy? Strategic management has been around for more than half a century but there is still no standard strategy formulation for supply chain management. In this article, we will show you what solid supply chain strategy should look like. MORE
Last week, I had the opportunity to speak again at CSCMP’s annual global conference, which focused on providing attendees with real-world strategies to maximize and transform supply chains. Like many shippers, a “one size fits all” solution did not fit their needs or strategy. MORE
The post Use these management strategies to build a great supply chain… appeared first on The Network Effect. MORE
Walmart has a different approach, and in several ways, Walmart is positioning itself to best Amazon in e-commerce through an innovative, omnichannel return strategy. MORE
A multichannel pricing strategy is where a business will offer their customers different prices depending on where they chose to shop. This strategy is particularly effective for clearing the warehouse of surplus inventory stock and with the real-time functionality of an online inventory management system, the sales platform will update immediately when stock has sold out. Managing the different strategies and tactics for the separate channels certainly has its challenges. MORE
The post Warehouse Strategy: Put Wall Systems appeared first on The Network Effect. by Alex Barrio, Senior Project Consultant, Tompkins International Supply chain professionals know that running a distribution operation comes with several. Distribution Material Handling Warehousing ecommerce order picking shelving storage warehouse MORE
I shared strategies to digitalize the planning office with advanced planning technology to keep abreast with in an industry that is increasingly replacing the human workforce with robotics to gain better efficiency, increase cost-savings and build higher agility. MORE
When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy? MORE
However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes. In a sense, reverse logistics could be considered the “greenest” part of any business logistics strategy. MORE
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. MORE
About twice a month, companies ask me to review their strategy documents. Frequently, I see the goal of “build a customer-centric strategy” or define an “end-to-end vision to deliver on the customer promise.” The Customer-Centric Supply Chain Strategy needs both.). MORE
The post Supply Chain Transformation — The Important Element of Information Strategy appeared first on The 21st Century Supply Chain. MORE
One technique is to consider creating your own Blue Ocean Strategy! The Amazon Flywheel Strategy. Amazon deploys their Flywheel strategy to great success. In short you need to create your own Blue Ocean Strategy. The fundamental premise of the Blue Ocean strategy is that as opposed to continuing to compete in the red ocean, you should try to find new space in which to sell your goods and services. Elements of a Blue Ocean Strategy. Subscribe Here! MORE
Strategy Related Topics Cerasis
SEPTEMBER 13, 2018
The path to perfect implementation of a new e-commerce shipping strategy is not always clear, and it comes with several challenges that can undermine the efficacy and cost-effectiveness of e-commerce.
Supply Chain Movement
OCTOBER 9, 2017
First of all, shippers need to make it clear which strategy they are pursuing per product category: Product Leadership (best product, e.g. Apple), Customer Intimacy (best total solution, e.g. Cisco) or Operational Excellence (best total costs, e.g. Walmart), based on the model by Michael Treacy and Fred Wiersema. He provided a clear overview of the specific innovations his company was implementing for three different customers, each with a different business strategy.
Cerasis
OCTOBER 2, 2017
Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Any effective strategy must begin with effective planning. Leverage the Right Technology as Part of Your Strategy.
Cerasis
OCTOBER 5, 2018
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.
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Hear ClearMetal CEO, Adam Compain, talk about how the right technology and strategies will give you better visibility and create value within your supply chain. Supply chain data is flawed, we all know this.
Supply Chain Trend
DECEMBER 17, 2017
Your company has a strategy. Most likely not, as 60%-90% of strategy implementations fail and only 14% of executives are satisfied with the execution of a strategy. I also provide a free strategy execution survey to measures your readiness.
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Supply Chain Shaman
SEPTEMBER 20, 2015
When I hear companies discussing the implementation of a customer segmentation strategy, I ask a series of questions: Who is your customer? What are you trying to accomplish through the execution of a customer segmentation strategy?
Supply Chain Shaman
AUGUST 11, 2016
About twice a month, companies ask me to review their strategy documents. Frequently, I see the goal of “build a customer-centric strategy” or define an “end-to-end vision to deliver on the customer promise.” The Customer-Centric Supply Chain Strategy needs both.).
Cerasis
AUGUST 24, 2015
However, one of the most important aspects of supply chain strategies is often overlooked: the reverse supply chain (also referred to as reverse logistics ). A reverse logistics strategy provides a path for removing the existing equipment to make way for the next era of equipment in the case of end of life products or new upgrdes. In a sense, reverse logistics could be considered the “greenest” part of any business logistics strategy.
The 21st Century Supply Chain
SEPTEMBER 12, 2016
The most common strategies for moving from upstream to downstream sites are push and pull strategies , or some mix of both. A pull strategy is when customer demand drives the entire production process. Let’s put the concepts of push and pull strategies into a real-world example.
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causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics. Stage 5: Orchestrate - S&OP is fully driven by business strategy and. Sales & Operations Industry Report How the right enabling technology.
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Quintiq
MARCH 14, 2017
I shared strategies to digitalize the planning office with advanced planning technology to keep abreast with in an industry that is increasingly replacing the human workforce with robotics to gain better efficiency, increase cost-savings and build higher agility.
Cerasis
SEPTEMBER 12, 2018
To achieve lasting success, shippers need to understand how e-commerce shipping strategies are quintessential steps in this process. The simple truth behind the retail apocalypse is that it is not coming today or tomorrow, but it could happen within the next decade for retailers and shippers that do not reevaluate their use of e-commerce and develop robust e-commerce shipping strategies. An Effective E-Commerce Shipping Strategy Mitigates Losses From the “Retail Apocalypse.”
The Network Effect
JANUARY 5, 2017
The post Warehouse Strategy: Put Wall Systems appeared first on The Network Effect. by Alex Barrio, Senior Project Consultant, Tompkins International Supply chain professionals know that running a distribution operation comes with several. Distribution Material Handling Warehousing ecommerce order picking shelving storage warehouse
Cerasis
AUGUST 17, 2015
A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle.
Advertisement
causes for this include poor change and process management, misalignment in terms of business strategy, mismatched metrics. Stage 5: Orchestrate - S&OP is fully driven by business strategy and. Sales & Operations Industry Report How the right enabling technology.
Cerasis
MARCH 23, 2018
Walmart has a different approach, and in several ways, Walmart is positioning itself to best Amazon in e-commerce through an innovative, omnichannel return strategy.
Supply Chain Opz
JUNE 19, 2014
What is Supply Chain Strategy? Strategic management has been around for more than half a century but there is still no standard strategy formulation for supply chain management. In this article, we will show you what solid supply chain strategy should look like.
CHAINalytics
MAY 22, 2018
However, it can often be very tricky to determine where to begin and how to make a difference in such a tight … The post Three Tips to Drive Cost Savings Through Your Packaging Strategy appeared first on Chainalytics.
E2open
AUGUST 10, 2018
The post Survey Results: Strategies for Inventory Optimization appeared first on E2open® | Demand. Inventory management is a key contributor to the bottom line for every company with a supply chain.
Advertisement
speakers are professing "data got sexy" and data is now a core strategy for. Companies will need to create strategies for data governance, and then create long-term views of how to leverage it. This is a long term strategy and commitment.
Arkieva
OCTOBER 6, 2017
To celebrate manufacturing day today, we thought it would be beneficial to take a closer look at how inventory strategy keeps evolving using an infographic from Arkieva based on research conducted by Aberdeen. Manufacturing Day 2017: [Infographic] The Evolution of Inventory Management Strategies was first posted on October 6, 2017 at 9:00 am. ©2017
Cerasis
NOVEMBER 16, 2016
Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . �. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. .
Supply Chain Movement
JANUARY 22, 2016
Global ManuChem Strategies 2016. Key themes covered at Global ManuChem Strategies 2016. Date: 17-18 March, 2016. Venue: Maritim proArte Hotel Berlin, Germany. Organisation: we.CONECT Global Leaders. URL: www.production-chemicals.com/en/.
Cerasis
JULY 20, 2018
When creating a strategy to optimize your shipping network, you must keep in mind that each new warehouse should accomplish 3 goals: Decrease your cost per package Lower the amount of time your customers wait for their packages Optimal redistribution of packages to new and existing warehouses These factors should result in a determination of how many new warehouses you should add, and where. A shipping network strategy must consider shipping profiles for different times of the year.
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last three decades, there is now a surprising attraction to data-centric strategies. INSIGHT PAPER: Toppling 2 Major Misconceptions. in Predictive Logistics ClearMetal Inc. Growing Challenges Shippers, carriers, terminal operators, freight forwarders and 3PLs spend millions of dollars and.
Supply Chain Movement
JANUARY 11, 2018
Napoleon Bonaparte once said: “Strategy is the art of making use of time and space. Category: Strategy & Organization. Het bericht Working Wisdom: quote about strategy verscheen eerst op Supply Chain Movement. Blogs Napoleon strategy working wisdomI am less concerned about the latter than the former. Space we can recover, lost time never.”
Cerasis
JANUARY 3, 2018
However, a third-party logistics provider (3PL) can help shippers persevere through the tough times with these capacity crunch strategies. . Capacity Crunch Strategies: The Big Picture. A shipping capacity crunch is a necessary evil.
The 21st Century Supply Chain
APRIL 20, 2015
The post Supply Chain Transformation — The Important Element of Information Strategy appeared first on The 21st Century Supply Chain.
The 21st Century Supply Chain
APRIL 2, 2015
by Alexa Cheater Our partner Celestica recently published the following article, ‘Staying Ahead of Today’s On-Demand Market: Push Versus Pull Strategies.’ Pull strategies are more like today’s on-demand options.
The Network Effect
OCTOBER 31, 2014
The post Use these management strategies to build a great supply chain… appeared first on The Network Effect.
CHAINalytics
JULY 17, 2018
While growing demand due to sustained economic growth is mostly to blame for the current state of the market, it is also important to point … The post Supply Chain Strategies For Improving Freight Capacity in a Tightened Market appeared first on Chainalytics.
TMC
OCTOBER 12, 2018
Last week, I had the opportunity to speak again at CSCMP’s annual global conference, which focused on providing attendees with real-world strategies to maximize and transform supply chains. Like many shippers, a “one size fits all” solution did not fit their needs or strategy.
Enterra Insights
FEBRUARY 23, 2018
” Omnichannel strategies begin with mobile. As Halford notes, a good omnichannel strategy means your customers can access your products anytime, from anywhere, with any device. ” If you’re still not convinced about the importance of having an omnichannel strategy, Lawson observes, “According to MasterCard, customers who shop both online and off with a specific retailer buy 250% more on average.
Supply Chain Game Changer
NOVEMBER 12, 2018
One technique is to consider creating your own Blue Ocean Strategy! The Amazon Flywheel Strategy. Amazon deploys their Flywheel strategy to great success. In short you need to create your own Blue Ocean Strategy. The fundamental premise of the Blue Ocean strategy is that as opposed to continuing to compete in the red ocean, you should try to find new space in which to sell your goods and services. Elements of a Blue Ocean Strategy. Subscribe Here!
Unleashed
OCTOBER 16, 2018
A multichannel pricing strategy is where a business will offer their customers different prices depending on where they chose to shop. This strategy is particularly effective for clearing the warehouse of surplus inventory stock and with the real-time functionality of an online inventory management system, the sales platform will update immediately when stock has sold out. Managing the different strategies and tactics for the separate channels certainly has its challenges.
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