Analyst Insight: It is a challenging time to develop a business case for a warehouse management system (WMS). While the tight operational controls required in the current business climate can be provided by a WMS, the capital necessary to fund these initiatives has never been more difficult to acquire. How can progress be made toward tighter operational controls considering the current situation of limited funding?
Analyst Insight: From a strategic perspective, warehouse managers are faced with balancing competing objectives. They need to get orders out of the door faster, keep inventory moving amid fluctuating demand, and minimize costs. It will require not only process efficiencies within the four walls but better collaboration with both upstream and downstream partners to keep these competing pressures in check.
Analyst Insight: Continued globalization and increasing leverage of third-party services for manufacturing, distribution and returns keeps the warehouse and logistics sector strong. Though the growth of warehouse space slowed due to poor sales of consumer and commercial goods in the U.S. over the last year, technology sales continue to thrive though growth for some was not robust in the last year.
Analyst Insight: Despite the fact executives downgraded risk levels in our recent risk survey, the impact of current economic conditions is long lasting. Global supply chains will continue to face major risks in 2010 and beyond. As such, designing a supply chain risk management strategy is still critical.
Analyst Insight: The retail industry will face many difficult challenges in 2010. Unemployment and underemployment are high and living standards for Americans continue to erode, leaving little money for purchases outside of necessities. Also, issues in housing, banking and health care will continue. Although there may not be much sales growth in 2010, retailers can still strengthen their bottom lines by having an effective retail supply chain, which is essential to reduce costs and maintain high service levels.
Analyst Insight: As the economic recovery proceeds, companies should be changing their sights from mere tactical cost-cutting measures to more strategic improvement initiatives. Productivity increases and cost containment are now considered a given at the leading companies. The bigger benefits are coming from companies that are integrating logistics and distribution more broadly into innovative supply chain improvement strategies.
The latest news, analysis, trends and solutions regarding inventory planning and optimization and its impact on supply chain management. New technologies in inventory planning and optimization are transforming the way companies operate - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using inventory planning solutions for supply chain optimization.
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