Omnichannel distribution focuses on creating a seamless shopping experience for customers. Customers want consistency and integration across all channels. This includes shopping online, via the telephone, or at a brick-and-mortar store. As a new and complex concept, omnichannel networks can be daunting for many firms. Decision-makers need to consider many factors before making a decision. These […]
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Supply Chain Management Disasters: Chipotle Mexican Grill
Founded in 1993 by Steve Ells in Denver Colorado, Chipotle Mexican Grill was one of the first fast-casual restaurants. Ells founded Chipotle with the mission statement “food with integrity.” Chipotle differs itself from its competitors with fresh, naturally grown or raised ingredients. Although this competitive advantage was driving the company’s initial success, it also caused some unforeseen […]
Advanced Analytics: The Driving Force Behind Supply Chain Success
Analytics What is analytics? Simply, it is the process of taking raw data and turning it into actionable info. Many systems on the market today make advanced analytics available to firms. As a result, firms can make more informed decisions quicker. Although this process is not entirely new, it is becoming all the more relevant to businesses. […]
Improve Warehouse Efficiency with Mobile Technology
Over the past few years, companies have been under increasing pressure to improve warehouse operations. The rise of eCommerce and omnichannel networks call for a high level of efficiency. As a result, supply chains are becoming more complex. One way companies are overcoming this hurdle is through the use of mobile technology. Mobile tech helps companies improve […]
Cloud Computing and the Supply Chain Industry
Over the past few years, cloud computing has been a growing trend. Companies are storing large amounts of data “on-the-cloud.” This is because it is more efficient and convenient. How does the cloud work? The info is stored through a network of remote servers. As a result, the data becomes accessible from anywhere an internet […]
Investing in Inventory Software Can Save You Money
Investing in inventory software can be a big step for any organization. The question that most firms want an answer to is: “What will my return on investment (ROI) be?” The answer is largely the same: You get what you put in. Inventory processes vary for different organizations. So, inventory software that caters to your individual needs […]