Keeping excess inventory as a safety strategy is a losing proposition for companies. It doesn’t work because companies often hold inventory that’s not usable or is obsolete, representing a dead loss, sometimes on the order of tens of millions of dollars a year, to the company.
Implementing intelligent materials systems that are simple, purpose-built and sustainable is important when embarking on an effort to optimize supply networks.
After more than two years of a pandemic, global unrest and economic fluctuation, quality management throughout supply chains has never been more complicated.
Supply Chain Dive and Deposco surveyed 160+ retail, manufacturing, wholesale, and 3PL/4PL supply chain professionals to find out how their warehouse management teams are handling the latest peak season trends and challenges of today.
Retailers coping with the rapid acceleration of e-commerce have a fantastic opportunity to improve their competitive position using new technological tools for customer engagement.
The new Global Trade Report 2022, examines the trade compliance landscape, surveying industry professionals on the challenges and trends, talent and skills requirements, and technology use and priorities.
Workforce optimization can be characterized by the people, processes and technologies that are strategically placed to achieve business performance goals.
With extreme disruptions to supply chains—from sourcing, to demand, to logistics, and a shifting retail workforce—retailers are being forced to reimagine their business models in order to survive.