December 23, 2016
This was a challenging year in our industry.
From January’s disruptive winter storms to Hanjin’s summer bankruptcy and the annual struggle to meet holiday delivery deadlines, not many months went by without significant upheaval. It’s enough to have fulfillment managers breathing a sign of relief as we head into a New Year.
Supply chain trends rarely adhere to the calendar, of course. Some of the advancements that we expected in 2016 took longer to develop, while others arrived more quickly than anticipated.
Anticipating what comes next is never easy, but that’s our job and we’re happy to give you the best insights we can as another year comes to a close. Continue reading 6 Supply Chain Trends to Watch For in 2017
July 14, 2016
If you’re up to speed with the latest supply chain headlines, you’ll know by now that storage costs are on the rise.
As a proportion of operating expenses, holding inventory is a significant contributor. Retailers are especially vulnerable to excessive storage costs, which makes it all the more difficult to see the price rising after many years of relative stability.
There’s never a bad time to explore ways to save money and improve efficiency, which is exactly what we’ll do today in terms of reducing inventory holding costs. Continue reading Inventory Holding Costs (and How to Handle Them)
May 11, 2016
If any organization understands the critical nature of an efficient supply chain, it’s big-box retailer Target.
The company’s ill-fated expansion into Canada is considered a cautionary tale in the retail sector, proving that even established brands can come unstuck if operations aren’t efficient. With this episode very much in mind, it’s no surprise to see Target among a host of major retailers tightening the screws on suppliers.
Tough new standards will go into place at the end of this month, with suppliers facing fines of up to $10,000 if they slip up. It’s a princely sum, but that’s the price you pay for supplying the major names in retail.
Continue reading Target’s Targets: Big Brands Demand Greater Supplier Efficiency