Supply shortages resulting in empty shelves or parking lots of WIP inventory represent a spectre causing supply chain leaders to reconsider supply chain inventory practices. Opinion of just-in-time (JIT) as a practice has taken a battering and inventory is rising. Calls are increasing for a return to just-in-case (JIC) policies, with some citing this trend […]
The current elevated inflation pressures will likely deter companies from engaging in higher cost supply chain resiliency efforts such as commissioning new warehouse locations. Instead, they are likely to carry higher levels of inventory as a lower cost alternative to minimizing disruptions. Increased inventory in Inflationary environments can serve as a risk mitigation strategy while also subsidizing inventory managements costs as well as […]
Anyone else fascinated by the TV show, “Formula 1: Drive to Survive” on Netflix? I am. And it’s not because I’m a race fan (I’m not). I am drawn to the scale of the Formula 1 racing circuit. It’s amazing. The drivers’ skills are unworldly. They are all best in class with some better than […]
Last year, I wanted to be a grateful child and buy a sweater for my father. It was father’s day, so I logged on to one of the prevalent e-commerce sites. I browsed and eventually found quite a few sweaters in green, my father’s favorite color. To my delight, I found one that was on […]
The exponential growth of e-commerce in 2020 has brought peak-like levels of order volume for many retailers since as early as March. Looking to the quickly approaching actual peak season, volumes are predicted to hit unprecedented levels, and carriers have been warning shippers for months to expect capacity crunches, increased surcharges/fees and other challenges. Shippers must […]
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. This week’s post comes from Logitsyx Technologies. Now is the right time for retailers to review their transportation strategy and consider the lessons they’re learning during the coronavirus pandemic. For example, is the transportation strategy flexible? Is it scalable? Has it met the demands of this unusual environment? Or are changes necessary? Here are six opportunities for retailers to optimize their transportation strategy to meet 2020’s peak season challenges.
Is the future of drones here? There have been plenty of trials that would indicate that home delivery drones are right around the corner. The FAA has loosened restrictions and selected eight companies to help establish technical requirements for home delivery. However, there are still a number of obstacles to overcome. But, for other uses, drones are getting the job done. This includes inventory management within warehouses and yards, monitoring equipment at ports, farms, and job sites, and re-stocking ships at sea. With these use cases in mind, the present and future of drones both look bright when it comes to drones.