Retailers already know success depends on optimized inventory - customers demand the right product in the right place at exactly the right time. Yet, the truth is, from shortages to excess stock, inventory challenges continue.
Heightened customer expectation, constrained resources and generational differences in purchasing are among the changes in the supply chain that companies must respond to, says Wonil Gregg, vice president of customer engagement at DCPerform.
When global disruption from COVID-19 first struck in early 2020, businesses everywhere moved into survival mode, particularly through multiple capital preservation strategies.
Direct sourcing is an integrated supply strategy that provides solutions to many of the supply, innovation, and manufacturing problems experienced by healthcare organizations.
Direct sourcing is an integrated supply strategy that provides solutions to many of the supply, innovation, and manufacturing problems experienced by healthcare organizations.
The new generation of consumers is changing demand patterns, making them more unpredictable than ever before.Succeeding under these conditions begins with three simple changes.
In the darkest days of the COVID-19 pandemic, demand for many consumer products surged. But few industries experienced an explosion of activity like the furniture business.