Tag: inventory management

e-commerce

The Bullwhip Effect: Managing Swings in Demand

All it takes is one flick of the wrist to create a violent “crack!” of the bullwhip’s tip. In supply chains, a wave of increasing magnitude can travel end to end across the network from a seemingly insignificant demand at the consumer level.

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e-commerce

BOPIS: Retail in Evolution

In today’s retail environment, the online and brick-and-mortar roles are reversing. The Internet is becoming the storefront, and in the last months of 2020, half of holiday shoppers plan to use curbside or contactless pickup. The store is evolving into the new-age version of the traditional cross-dock, where forward inventory moves through a central point coordinating the transfer. There are more SKUs listed on a retailer’s website than the average store carries on shelves or in back rooms. A consumer searching for unique, hard-to-find products will likely see them, and buy them, online rather than at a store.

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e-commerce

BOPIS: What Does It Mean for Shippers?

Shipping used to be a linear exercise. A manufacturer shipped products to a distribution center. From there, the products were delivered to stores. The shipper, not the consumer, was in charge of the transaction.

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cash to cash

Use Logistics to Compress Cash-to-Cash Cycles

If you want to see CEOs and CFOs sit up and take notice during one of our presentations, demonstrate how a robust logistics solution compresses cash-to-cash cycles by expediting product to the end consumer and shrinking their days sales outstanding (DSO). That’s language the C-suite understands.

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coronavirus

From Micro to Macro: The Effect of Social Distancing on the Supply Chain

As the nation begins the process of reopening after the COVID-19 pandemic, there’s a lot to look forward to. Friends will assemble once more, and we’ll be able to gather at our favorite places to eat, drink and socialize. One challenge in all this togetherness: everyone will be doing it at least six feet apart. Businesses are preparing now for that change.

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customer service

Omnichannel: 3 Ways Service Merchandise Got it Right

In retail, timing is everything. Deliver what consumers want where and when they want it, and you can carve a success path that lasts until consumer preferences change or another company performs your functions better. A lesson learned by retailers like Blockbuster, Circuit City and Sears: Your time in the limelight is limited before someone comes and steals it.

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