With Halloween just around the corner, there is no time more fitting to talk about this candy company’s supply chain management disaster. The Hershey Company is the North American leader in the manufacturing of sugar confections. Established in 1894 by Milton Hershey, the brand quickly became known and loved for producing delicious milk chocolate. Built from […]
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Vendor Managed Inventory: Is it right for you?
Vendor Managed Inventory, or VMI, is where the vendor has control over the stock supplied to their customer. The vendor is responsible for analyzing and optimizing the inventory flow for each of their VMI customers. For some, this is a familiar concept. If it’s not you can find more about it here. But, the question people are asking […]
Omnichannel Fulfillment: A Holistic Approach to Inventory Management
Omnichannel fulfillment is when a retailer provides services to their customers through multiple connected channels. It focuses on providing a seamless experience to the customer. This concept is becoming more important, as on average 78% of consumers will use two or more channels when making a purchase decision. Whether it is researching a product online […]
How to Achieve Supply Chain Sustainability
Recent blog posts have revolved around the ideas of Corporate Social Responsibility and Supply Chain Sustainability. We’ve talked about the Nike supply chain disaster and the millennial impact on today’s supply chain. Having sustainability in your supply chain is no longer something that is “nice to do.” Instead, it is quickly becoming a necessary part of every business […]
Is Your Supply Chain Ready for the Millennial Generation?
The Millennial Generation, or Generation Y, have become a far more vocal and dominant group of individuals in recent years. They are confident in their values, open to change, and well-connected to the people and things around them. This generation is largely driven by their civic values. They believe strongly that companies should act with corporate social […]
Supply Chain Management Disasters: Nike
How many Nike products do you own? How much do you know about where they come from? Nike is a multinational company and one of the most widely-known brands of athletic wear. It’s no wonder that achieving Corporate Social Responsibility (CSR) in all aspects of their business is crucial to their success. Consumers have begun […]
