Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. Today’s article is from Kinaxis and explores the TikTok Effect. Or, why you need demand planning for going viral on social media. Overnight, millions of people are clamoring for […]
When companies implement a demand management or replenishment system, the goal is usually to improve customer satisfaction while holding less inventory. Pinnacle Propane implemented demand management, replenishment, and order promising solutions from John Galt Solutions with the goal of improving service – reducing what they call “out of gases” – while reducing transportation costs. The […]
Two adjectives that often describe the most successful supply chains are adaptive and resilient. An adaptive supply chain is one that is able to respond quickly to changes and disruption, and the ensuing changes to demand. A resilient supply chain is able to recover quickly from these disruptions. These terms perfectly describe the Asian Paints […]
Indirect sales, brand owner sales through sites like Walmart.com or Amazon, are an increasingly large portion of sales for many companies. In 2020, ecommerce sales accounted for 14 percent of total retail sales in the US. But of ecommerce sales, 86% come from indirect channels, rather than a company’s own website, according to CommerceIQ. For […]
Raj Govindarajan agreed to answer questions about KeHE Distributors digital transformation. Mr. Govindarajan is the Senior Director, Supply Chain (Systems, Processes & Analytics) at KeHE. KeHE is a national wholesale food distributor that has been in business for 70 years. Steve Banker: Tell me about KeHE and KeHE’s supply chain! Raj Govindarajan: At KeHE Distributors, […]
Companies like Amazon, Walmart, Alibaba, and Zara are leading the path in the use of technology and advanced analytics in managing supply chains. Artificial Intelligence (AI) and Machine Learning (ML) are of the hot topics being discussed in the retail world. Across the globe, whether they are grocery, mass merchant, or fashion, retailers are looking […]
The rise of cloud computing, smart devices and IoT have all resulted in a massive data explosion. By 2025, the amount of data will double every 12 hours. AI now has the ability to consume data far more efficiently than humans, delivering on the possibility of insights and predictions never before imagined. But McKinsey reports […]
