When it comes down to it, supply chain risk is inevitable. In recent years, it has become a big concern for many companies. The benefits that come with offshoring, single sourcing, and increased automation also come with potential setbacks. For example, take a single source supplier. You can save money or achieve a high level of quality control. But, what happens if […]
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Vendor Managed Inventory: 5 Keys to Success
It’s no secret that setting up Vendor Managed Inventory (VMI) can be difficult. But, the benefits of this system can be numerous. In the previous posts about VMI, we discussed its benefits, if it’s the right choice for you, and the setup. Be sure to read up on those if you haven’t already. This time, we’re going to […]
3 Trends That Will Make Companies Rethink Their Supply Chain in 2016
In 2015, many supply chain trends came to the forefront. Logistics collaboration, omnichannel services, and the trucker shortage all became relevant topics of discussion. So the questions is, what can we expect in 2016? New supply chain trends are emerging quickly. Although there are many answers, we will be taking a look at a few trends […]
RFID in Action: Macy’s Inc.
Over the past few weeks, we’ve been discussing Radio Frequency Identification (RFID) and how it benefits omnichannel. This week, we will explore a real world application. Here’s the retail poster child for RFID: Macy’s. Macy’s is one of the top omnichannel retailers in the US. Founded in New York in 1958, they are now over 800 locations across […]
Supply Chain Management Disasters: Toys “R” Us
Imagine receiving an email just days before Christmas saying that the toys you ordered for your kids would not be coming in on time. This nightmare was a reality for many Toys “R” Us customers back in 1999. Toys “R” Us is one of the world’s largest retailers of children’s toys. Founded in 1948, the American-based […]
RFID and Omnichannel Fulfillment
Radio-Frequency Identification (RFID) tech has made huge strides in many industries. The two we will focus on are supply chain and logistics. The potential in these areas is enormous. There are many ways RFID can improve operations, with new uses emerging daily. If you want a more in-depth description of the technology and some of its benefits, be sure to […]
