Archive for October 2017
5 Excellent Examples of Omnichannel Retailing Done Right
A recent study showed intense public demand for more omnichannel retailing, and thousands of retailers are turning to omnichannel to overcome growing pains amid e-commerce or slumping sales. In fact, 79 percent of study participants used omnichannel shopping venues, reports the Harvard Business Review. Meanwhile, the recent announcement of Toys “R” Us filing for bankruptcy…
Read More3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance
The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? Sure, supply chain cost reduction is important in reducing the cost of goods sold (COGS) and increasing profit, but there are other measurements which should not be forgotten. 3 Key…
Read MoreOmnichannel Distribution Technology: 8 Ways Warehousing Technology Can Optimize Omnichannel Fulfillment for Distributors
Effective, efficient operations in distribution centers are key to the creation and continuation of omnichannel shipping and shopping strategies. However, the pathway toward better processes is not always clear. Fortunately, omnichannel distribution technology leverages warehousing automation and technology to improve operations in distribution centers. With distribution centers continuing to fulfill up to 75 percent of retailers’…
Read MoreSupply Chain Risk Management: How Supply Chain Technology Aids in Risk Management
All businesses face risks, and your business is only as strong as the weakest link. A failure on the part of any supplier or other supply chain partner could result in cascading problems across your business, and supply chain. However, today’s supply chain technology can help manage vendor relationships, improve payment protocols, overcome geographic challenges,…
Read More7 Innovative Warehouse Management Technologies to Adopt
When it comes to warehouse management, constant evaluation and adoption of crucial technologies is critical so as to improve profitability and stay competitive. Today, warehouse managers have a wide array of technologies to choose from as they strive to reduce costs, improve efficiency and streamline operations. They must ensure that goods, materials, and products flow…
Read MoreTop 5 Ways Inventory Tracking Technology Is Evolving
The demand for omnichannel shopping is larger than ever. Consumers want to use their mobile devices, traditional desktop browsers, brick-and-mortar stores and apps to shop, and retailers are experiencing trouble navigating this new landscape. Inventory tracking is among the top areas most impacted by omnichannel supply chain strategies, and consumer spending habits are forcing inventory…
Read MoreHow Slotting Optimization Technology Fosters Strategic Improvement for Distribution Centers
The days of re-slotting and warehouse at the time of its creation have ended. Today, warehouse managers face an endless battle with a growing number of products and limited storage capacity, and among distribution center managers, the challenge of warehouse slotting is even more difficult. According to Bill Ciervo of Conveyco, up to 60 percent…
Read MoreSupply Chain Best Practices: 5 Keys to Running a Synchronized Supply Chain
Editor Note: Today’s Blog is from Darren Palfrey, the COO at Gravity Supply Chain who shares the 5 supply chain best practices to keep your supply chain synchronized. Gravity Supply Chain is a cloud-based software platform that helps logistics providers offer real-time supply chain visibility to their customers. In today’s fast-paced society, businesses can’t afford to slip up…
Read MoreSupply Chain Technology Integration: Making the New Technology & Legacy Systems’ Marriage Last
The decision to bring new technology into your existing warehouse operation should not be taken lightly. Modern technology enables a whole new level of collaboration, efficiency and better operations. However, simply wiping out your existing systems, which can represent millions of dollars in past investments, is not the answer. Your organization should invest in and…
Read MoreeCommerce Technology: Automating the eCommerce Distribution Center & Warehouse
Across the spectrum of distribution center and warehouse management, eCommerce technology enables faster, more efficient and better order fulfillment operations. Advanced technologies, like advanced conveyor systems, automated guided vehicles (AGV), radio frequency identification (RFID) scanning devices and newer wearables are changing the traditional landscape of distribution centers and warehouses, and your company needs to consider…
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