Maintaining a flexible, efficient, and reliable retail supply chain has never been more difficult. Inventories are increasingly varied and complex -- a byproduct of retailers struggling to please as many customers as possible. Consumer expectations have grown every year, to the point that they seem to expect near-perfection. And new services and activities such as buy online ship from store (BOSS) / pick up in store (BOPIS) and curbside pickup have created immense complexity. These and other major supply-chain challenges, amplified by pressure from corporate to do more with less, make it more difficult to achieve and maintain supply chain excellence than ever before.
To achieve this increasingly ambitious goal, the modern supply chain professional must turn to technology. Specifically, they need an advanced analytics solution that can analyze and interpret data from every node and the transportation networks connecting them, using insights to guide decision-making accordingly. An advanced analytics solution (especially one that provides actionable insights, like prescriptive analytics), can increase visibility into the entire supply chain and identify exactly when, where, and how to make critical improvements that reduce costs, drive operational excellence, and optimize the customer experience. With advanced analytics, retailers can realize supply chain excellence, regardless of the challenges they may face.
This eBook discusses four of the biggest challenges in retail supply chain and how advanced analytics can help conquer them.
Get the Action Guide to Assess the Impact on Supply Sources and How to Address the Disruption
Many businesses are looking to find alternative sources of supply and build greater supply chain resiliency due to the impact of COVID-19 (aka coronavirus). The good news is that there is a lot that can be done now to find and qualify alternative sources of supply. Descartes’ global trade intelligence solutions and services enable organizations to make better supply sourcing decisions. Our technology can help to improve bottom line performance and help businesses avoid government-imposed penalties and brand damage.
The 3 steps covered in this easy-to-understand guide include how to:
Identify: Know the global supplier market to make better sourcing decisions
Analyze: Choose the right supply chain path to maximize profit
Vet: Review trading partners to avoid fines and manage ongoing compliance
Download the definitive action guide that covers the key steps to supplier sourcing success.
Force majeure clauses are intended to protect parties to a legal contract from losses caused by disruptive events beyond their control. But supply-chain partners might be surprised to learn what such language doesn’t cover.