A good return policy can serve your business both as a marketing tactic and a tool to build trust with your clients. In fact, having a return policy has become an industry norm among both brick and mortar and e-commerce. You may offer your clients the option to return a good if there’s a defect. Or maybe they’d […]
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Logistical Challenges in Warehouse Management
Logistics involve planning and coordination of people, facilities and supplies. In a warehouse, logistics can even include the movement of information and knowledge along with the rest. No doubt, logistical capabilities are becoming important for the survival of any business today. In this blog post, we will take a look and tackle some common challenges emerging […]
Top 3 Supply Chains of 2017: Inditex (Zara)
Gartner recently released its list of Top 25 supply chains of 2017. These supply chains are evaluated on many factors like: ROA (Return on Assets), Inventory Turns, and Revenue Growth. In this 3 part blog series, we will take a look at the Top 3 Supply Chains of 2017 and what they are doing right. At […]
Leveraging Social Media to manage your Inventory
89% of the businesses use social media in some capacity to market their products. And why shouldn’t they? With billions of people actively connected over various platforms, it presents a huge opportunity. But, how does social media relate to inventory management for a business? Well, let’s find out. Promotional Sales and Discounts You sell online and […]
i4.0 and Inventory Management
i4.0 or Industrial revolution 4.0 is what industry leaders seem to be talking about lately. If you haven’t heard of it yet, don’t worry! This blog post talks about what i4.0 is and how it will impact the practices of inventory management. So, let’s get started! i4.0 As the World Economic Forum explains, Industrial revolution […]
Netflix vs Amazon Effect on Supply Chains (2/2)
Earlier in Part 1, we looked at the Netflix Effect on Supply Chains. The focus was on the visibility in Supply Chains as reflected by Netflix. In this second part of this series, we will look at the Amazon Effect and its impact on Supply Chains as we know it. Let’s find out if there are similarities […]
