Ongoing disruption requires companies to make a fundamental shift in their supply chain strategy. What makes this transformation so difficult is that the scope of change required is extensive, involving many internal (and external) stakeholders, data and technology. 

Technological advancements like RFID and GPS have revolutionized supply chain management, providing visibility and rapid response capabilities, but also increasing risks such as cyber threats. A combination of physical barriers, technological solutions, and procedural controls creates redundancies that enhance resilience against threats like theft and tampering. 

In today's fast-paced logistics landscape, actionable data is critical to meet the demands of consumers' expectations. Navigating the complexities of data management amid labor shortages, volatility, and evolving consumer behavior poses significant challenges.

With AutoPilot and AutoPilot Central, the company says, supply chain managers can reduce planning time by 97%, reduce inventory waste by 13%, and optimize labor planning, among other benefits.

Discrepancies between inventory records and what’s actually available on store shelves and in warehouses are all too common. Retailers end up with “phantom inventory.”

As we’ve seen over the last few years, planning and forecasting alone haven’t been enough to deal with the delays and shortages rippling through global supply chains.

Growing uncertainties in global supply chains necessitate a fresh approach to inventory strategy, says Warren Owen, vice president solutions consultants with Netstock.

Retailers that embrace the ever-changing landscape and adopt critical technology like an order management system can differentiate themselves and truly stand out as leaders in retail – and drive omnichannel agility, profitability and transformation.

A case study about the application of drones employing artificial intelligence to the warehouse operations of Romark Logistics.

Retailers have an opportunity to prioritize a more sustainable supply chain. But how can they do this while continuing to grow the business?