Five Things Every Retail CEO Needs to Know
Retailers that reorient their strategies around the customer will enhance their ability to engage, anticipate and execute in today's environment. This will require key changes in some of the most fundamental aspects of the retail business model, impacting demand signals and merchandising to store operations and product delivery. Those changes are exemplified in what we call the five key tenets required for retailers to deliver synchronous shopping anytime, anywhere.
The Future of Supply Chain Leadership Lies in Tightly Merging and Optimizing the Warehouse and Transportation Functions
As a result of the economic downturn, we've seen impressive improvements in supply chain capabilities across the board, but particularly in warehouse management and transportation management - two functions that have historically been viewed as time- and cost-intensive. It's easy to be nimble if you're willing to expedite shipments or work overtime in the warehouse, but those activities are expensive. The real challenge is how to be agile, while keeping costs low.
Implementing a Segmented Supply Chain Strategy for Profitable Growth and Competitive Advantage
Manufacturing and distribution companies must cater to a wide range of customer needs as they serve increasingly diverse markets across dynamic global economies. Understanding these needs and crafting attractive value propositions to serve them accordingly is becoming increasingly critical for profitable growth and business retention. Clearly, a one-size-fits-all supply chain strategy cannot adequately or profitably achieve this goal. Instead, companies must segment supply chain operations to balance the cost to serve with the value to the business for each segment.
How Retailers Are Adapting the Store to Thrive in Today's Retail Environment
Fast-evolving digital technologies, including mobile devices, social networks, apps and other forms of e-commerce, have forever changed how consumers shop. It is not uncommon today to find a consumer in a store examining a product while using a smartphone or tablet to scan barcodes to compare prices, check product reviews online, or get advice from their social networks. Much of this new in-store digital activity has been driven by millennials, the generation known for its tech-savvy and inherently social behavior.
A Snapshot of Some of the Most Pressing Supply Chain Challenges Facing Mexican Companies
With so many challenges and opportunities facing supply chain practitioners in Mexico, JDA Software commissioned a survey of more than 200 Mexican supply chain professionals to gain insight into their chief concerns as they look toward the future.
Five Keys to Leading Change Within Your Organization
Every supply chain improvement effort is unique because every company has its own culture, organizational structure and performance challenges. However, the following five guidelines will help any company integrate its people, processes and technology enterprise-wide.