Sears, once a cultural treasure, was in business for 125 years and was one of America’s more recognizable home brands. Think Amazon, but in catalog – print form. Sears was well-known for brands such as, Kenmore for appliances, Craftsman for tools, and car batteries that were sold under the name DieHard. Until recently, a Sears’ […]
What Not To Do
Supply Chain Management Disasters: KFC
KFC is one of the top fast food restaurants in the world. With over 20,000 locations worldwide, they are a global brand with a huge operation. Being that KFC is short for Kentucky Friend Chicken, you would think that they were poultry experts. It’s the main item on the menu and is stated in its […]
iPhone X: Is Apple Struggling with their Supply Chain?
On a regular basis, Apple continues to be a leader in supply chain. They have made the Gartner Top 25 in Supply Chain on multiple occasions, ranking #1 in the the High Tech category in 2017 and #1 Overall in 2014. But how about the present? With the launch of the most recent iPhone, the […]
Lessons From Tesla’s Growing Pains: Supply Chain Bottlenecks
It’s no secret that Tesla has been having troubles with their supply chain lately. Last year, Tesla was even assembling the Model 3 by hand. The original goal was to make 5,000 Model 3 units per week by the end of 2017. Due to supply chain bottlenecks, this goal was then pushed back to March […]
H&M’s $4.3 Billion of Obsolete Inventory – And How You Can Avoid It
The market of fast fashion is exactly that – fast, and H&M is having a hard time keeping up. Competitors like ASOS and Boohoo have cut down their supply chains to between two to four weeks. In contrast, H&M is falling behind with a six month turnaround time. Although H&M was once a top performer and pioneer […]
Inventory Management Lessons From March Madness
I know what you’re thinking– how could inventory management possibly be related to a NCAA basketball tournament? Here’s the thing: they’re more alike than you may know. From preparation to execution to the end result, there are many lessons from March Madness that you can apply to the way you manage your inventory. Are You […]