Radio Frequency Identification (RFID) is a technology that is consistently receives attention in supply chain news. It is no secret that RFID is a highly useful tool that many companies rely on. Businesses continue to implement it in a variety of ways into their systems on an ongoing basis. But despite the buzz, is it […]
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Can Your Supply Chain Benefit from Lean Thinking?
Many principles and approaches to manufacturing have formed throughout the years and are still used today. There are many ways to go about the manufacturing process, but for this blog post, we will be focusing on lean thinking and how it may benefit your business. What is lean thinking? For starters, lets talk about what lean […]
Globalization’s Effect on Supply Chain Management
Globalization has been a popular term in the business world within the last few decades. A word that started to pick up around the 1980s, globalization is the process in which businesses and/or organizations operate on a international scale and develop influence based on this. With technology developing at an increasing rate, it is becoming easier and easier for businesses to […]
3 Reasons Inventory Management Matters in Food Service
In recent years, studies have shown that the world’s population wastes about half of the food we produce. Food waste has been a concerning issue generally, especially so in the food industry. But with proper inventory management, business owners can save a lot in ways they may not have thought of before. Though it may be common knowledge […]
3 Ways IKEA Aces Inventory Management (And You Can Too)
Founded in Sweden in 1943, IKEA has since become a household name, filling these households with their products. As of 2017, there are 411 IKEA locations in 49 countries. Carrying 9500 products in their range, most of these are produced in Europe. As you can tell, coordination is vital to operations. So, what differentiates IKEA inventory from […]
Omnichannel: Is it still the future of retail?
Since its introduction in the late 2000s, omnichannel has hit buzzword status. For many years, retailers have been striving to give customers this seamless experience. It’s been a decade since Macy’s became the omnichannel poster child. At the time, omnichannel was dubbed the “future of retail.” But now, the future is here. Is the future still omnichannel? Or has its time come […]
