Brian W. Hagen, managing director of the Decision Empowerment Institute, explains why supply-chain risk management has failed as a decision-making tool for many companies.
Webgistix Corp., a provider of order-fulfillment technology for electronic commerce, has integrated its SmartFill platform with the online shopping cart of BigCommerce. As a result, the vendor said, retailers can build online stores in BigCommerce environments with two-day ground delivery of e-commerce orders to more than 98 percent of U.S. consumers.
You've seen it in movies, and possibly in real life as well. A desperate gambler, down to his last chance, stakes everything he has on one play. And while the scene makes for great drama, it rarely goes well. The lesson: never bet the store.
Dr. Chaman L. Jain, professor of economics in the Tobin College of Business at St. John's University, talks about how the demand-planning function has changed in his decades of observing global supply chains.
Too many companies are still plagued by a "siloed" mentality which keeps various functions from collaborating fully on demand planning. But Arnold Mark Wells, principal of End-to-End Analytics, sees reason for hope.