Posts categorized as 'General News'

Retail supply chain management and the rise of fast fashion

IlyasKucukcay

Retail supply chain management and the rise of fast fashionFrom the incredible pace of turnover in style trends to the excess waste it produces, today’s fast fashion phenomenon is a controversial topic on many fronts. However, when it comes to the efficiency of today’s retail supply chain management techniques, controversy is replaced by admiration as international clothiers boast operations efficient enough to accurately anticipate demand in one of the world’s most rapidly changing industries.

While it’s too early to deem the business model for traditional fashion retailers obsolete, “on-demand” fashion has forged ahead by sourcing goods that are cheaper and faster to gather and have been quicker to leverage technology into their shopping experience, helping consumers find the best deals through online stores.

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Independent research reveals how organizations can succeed in a brave new tariff-driven trade world

MikeMcAllister

Ventana Whitepaper - Winning in the New Era of TradeIt sounds ominous, but it’s a brave new tariff-driven trade world out there – a reality senior executives whose organizations operate global supply chains are coming to grips with.

Navigating the latest tariffs, and the resulting ripple effects on currencies along with fluctuations in labor costs make it increasingly difficult for companies managing complex multinational supply chains to make effective sourcing, purchasing and production decisions fast enough to stay competitive.

And by staying competitive, we’re talking about the bottom line. Because at the end of the day, that’s how corporate leadership is measured.

According to Ventana Research in a report commissioned by Kinaxis, only 35 percent of companies with more than 1000 employees say they’re able to react quickly to changing marketing conditions – an astonishingly low number.

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Building the foundation of your digital supply chain

AlexaCheater

Webinar | Building the foundation of your digital supply chainIt’s getting harder and harder to get ahead—and stay ahead—of the constantly shifting realities of today’s interconnected world. Unstable markets, growing customer demands, emerging competition and deep-rooted reliance on outdated, legacy systems are causing chaos and complexity.

Traditional supply chain issues are only getting compounded by all of these new and emerging data sources. Everyone’s turning to digital for the answers. And it’s no wonder when companies with digital supply chains are seeing enterprise-wide results like 25% faster response times, 30% working capital reductions and up to 110% higher operating margins.

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How demand planning can quench our thirst for beer

MikeMcAllister

World Cup and hot summer combine to create beer bottle shortage for German brewers

On the heels of a carbon dioxide (CO2) shortage in the UK that caused some breweries to ration beer production, Germany’s long, hot summer and the revelry surrounding the World Cup have combined with suboptimal demand forecasting to create a significant shortage of beer bottles, causing breweries large and small to plea to customers to return their empties.

Case in point: Germany’s Moritz Fiege

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The sharing economy: An effective model for supply chain management?

EmilyHunt

The sharing economy: An effective model for supply chain management?The sharing economy involves buying and selling temporary access to goods or services, usually arranged through an online platform. It is inevitably becoming a major source of revenue in today’s global economy, led by the likes of Uber and Airbnb. By using new digital platforms, the sharing economy has created an effective business model for the utilization of goods and availability of services.

To break it down a bit, the sharing economy leverages peer-to-peer, business-to-peer, and business-to-business connections to implement lending, accommodation, transportation, staffing and even music and video streaming services.

But what does the success of the sharing economy have to do with to supply chain management?

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Blockchain: Preventing E. Coli Through Enhanced Traceability

MikeMcAllister

Blockchain: Preventing E. Coli Through Enhanced TraceabilityBy: APICS CEO Abe Eshkenazi, CSCP, CPA, CAE

This article was originally published on apics.org, and is repubished with permission.

Blockchain has been touted as the cure-all for everything from financial fraud to voting, but Wired magazine’s Maryn McKenna suggested that blockchain could help prevent E. coli. How? Consider that in mid-April, the earliest signs of an outbreak of the disease surfaced in New Jersey. Then on May 2nd, the U.S. Centers for Disease Control (CDC) reported that 121 people in 25 states have been infected with this particularly dangerous strain of E. coli.

Health officials narrowed the source down to romaine lettuce, but identifying which romaine lettuce from where is still a problem. First, consumers were instructed to avoid prechopped romaine lettuce. Then, after an outbreak at an Alaska prison pointed to whole romaine lettuce heads, the CDC targeted all romaine grown in Yuma, Arizona.

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Is your supply chain not performing the way you designed it to?

AlexaCheater

Is your supply chain data fake news?Garbage in, garbage out has never been more relevant

Data accuracy has always been an issue. But with the recent push toward building digital supply chains, it’s reaching a critical tipping point as companies integrate more and more data sources. Don’t let your supply chain make headlines for all the wrong reasons. When you improve your planning data accuracy, you’ll be able to:

  • More reliably model revenue and profit so you have a better picture of your company’s health
  • Spot performance degradation faster so you can take action before it impacts the bottom line
  • Empower your team to focus on exceptions and stop wasting time chasing down rogue data

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Taking a Self-Healing Supply Chain Stance on day one at the Gartner Supply Chain Executive Conference

MikeMcAllister

The Self-Healing Supply Chain Register. Meet. Greet. That’s always a solid day one at any conference.

If you’re lucky (and not too jet lagged), you’ll sneak in an early session or two, and you might even find time for cocktail that evening.

To add a bit of extra zing to day one at this year’s Gartner Supply Chain Executive Conference in Phoenix, AZ, Kinaxis announced the launch of the Self-Healing Supply Chain™ to improve supply chain performance and keep it operating in top health, automatically closing the gap between design and actual results.

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