Articles
Commentary
Using IoT to Move From Push to Pull
Customers want more and they want it now. If you are unable to meet expectations, they will go elsewhere. The supply chain model often used in retail distribution is outdated and broken. Using Internet of Things (IoT) and vertically integrated order processes can achieve a leaner supply chain and help you say goodbye to out […]
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Store Delivery Keeps Retailers in the Game
Multi-channel retail and fulfillment is typically based on the assumption that customers choose a main way to connect, whether physical stores or a website. Many retailers manage each channel separately with different teams, budgets, processes, tools, reporting structures, and revenue goals. In multi-channel retail and fulfillment, stores have their own stock and sell directly to […]
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Returning Experience
The war between the retail/e-commerce customer experience and increasing costs is heating up, thanks to the impact that rising transportation prices are having on the retail process. That trend plagues e-commerce players and retailers, both large and small. For example, in July 2018, spot market trucking costs were up 30 percent year-over-year, according to DAT. […]
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Leveraging Technology: Put Strategy First
With all the hype about technology’s potential, it’s easy to lose track of the basic truth that technology enables strategy. Technology applied to an inappropriate strategy will accelerate a firm’s demise. Tech trends enable strategies that are reshaping global supply chains. These new technologies complement each other; used in combination they create synergies far beyond […]
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5 Tactics for Managing the Unexpected
No supply chain is immune from risk, and the farther a company’s supply chain traverses the globe, the more opportunity for things to go awry. Companies can take proactive steps to ensure they won’t be blindsided by sudden changes to their supply chain. Taking out a credit insurance policy from a credit insurer is just […]
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Good Question: What’s your best time-management tip?
The Eisenhower Box has had the largest impact on my time management. People have a tendency to put everything in the “urgent/important” bucket, which dilutes their focus. It has helped me more confi dently delegate or eliminate tasks altogether.
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Will Airbnb for Warehouses Take Off?
On-demand services are becoming so much a part of our daily lives that millennials can’t imagine a world before Uber or Postmates. Now, on-demand service is becoming a reality in the logistics real estate sector. Technology platforms such as Flexe and Stord connect organizations that need warehousing space to those that have extra space on […]
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How to Reach the Pinnacle of Success
Last year, at age 29, Daniel Kaskinen, manager, strategic sourcing at Premier Inc., became the megawatt winner of the ISM®/Thomas™ 30 Under 30 Rising Supply Stars Recognition Program. He was recognized for his exceptional success at improving efficiencies and saving millions of dollars at his previous company, even at an early point in his career. […]
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How to Prepare for Proposed China Tariffs
At the stroke of midnight July 6, 2018, tariffs against imports of tens of billions in yearly value of Chinese goods took effect for goods entered into or withdrawn from warehouses for consumption. Here’s what you should know: The 25-percent duties are based on country of origin, not country of export, and apply only to […]
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Driverless Trucks: A Different Idea
I admire and respect the individuals and companies working on perfecting driverless trucks. However, I don’t believe driverless trucks are an innovative concept. In fact, I believe just the opposite: Designing driverless trucks is the wrong solution for transportation. There is so much effort and capital being directed at wanting to make trucks driverless that […]
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