Analyst Insight: Continuous industry, business and customer demands force companies to maintain business processes in permanent evolution. Highly productive organizations strive to achieve a technological edge, business efficiency, and regulatory compliance, which must be assimilated within the organization's operations, to increase and optimize business performance. - Jorge Garcia, Senior Analyst, Technology Evaluation Centers
Analyst Insight: When it comes to supply chain management, "Big Data" has generated more in the way of buzz than it has real benefit. Awash in a rising sea of data, companies still struggle to use it to make better decisions. - Brad Householder, Principal, PwC's Advisory practice; Anand Rao, Principal, PwC's Financial Services Advisory practice; Syed Mukhtar, Director, PwC's Operations practice
Analyst Insight: For many supply chain executives the term analytics is synonymous with reporting and Big Data is a new buzz word. However, when leaders harness new forms of analytics coupled with an understanding of Big Data opportunities good things happen. Here we share some insights from three studies that illuminate the opportunity. - Lora Cecere, CEO and Founder, Supply Chain Insights
With the advent of big data, faster computing and intuitive analysis tools, the promise of analytics has generated a renewed focus on improving operations through data-driven decisions. For supply chain organizations in particular, it is a powerful ally in driving cost reduction strategies and service level improvements. From public sector entities like Lincolnshire, which identified £24m in procurement savings, to retail giants like Tesco, which reduced £50m in excess inventory, organizations across the globe are achieving substantial impact by applying analytics to their operations. But what about emerging markets?
There is a serious and growing talent shortage in the supply chain profession. Art van Bodegraven of Discovery Executive Services discusses what's behind the talent gap and and how to address it.
In the next two years Amazon, the world's largest retailer, will use its own logistics network to deliver nearly every product sold on its Indian portal.
These days, it's widely assumed that most businesses are selling directly to customers via the internet. However, surprisingly, a Grant Thornton survey found that 39 percent of businesses are not yet selling online. Online sales might seem like a dream come true "” you reach larger markets with no middlemen, at higher margins "” but, according to the Grant Thornton survey, the dream can easily turn into a nightmare.
Change still is a constant and it comes at today's supply chain professionals faster, with more intensity and greater risks than ever before. Art Van Bodegraven describes what this means for current and future supply chain leaders.
There is no argument today about the impact that retail/apparel and footwear have had on the passive UHF market. Estimates vary on apparel's share, but it hovers around 70 percent to 80 percent of the total UHF market. And that includes only about 2 percent of the apparel items sold. In our recent research of RFID use among retailers, the retailers indicated an interest in expanding their use of RFID in apparel. And the tag industry that supports retailers is forecasting numbers between 23 percent to 35 percent growth in apparel use, as well. More retailers will be tagging more items in the next few years.