Monster masks, superhero costumes, and giant candy bags across the aisle from turkeys, Santa hats and candy canes. Right now, this is a common scene in many stores, which often elicits the comment from shoppers, “It starts earlier every year.” But as someone who works in supply chain management, I just smile to myself when I hear these statements, because they have no idea how early it really starts. For anyone working in retail, as you know, planning for the holidays started several months ago - from analyzing customer purchasing behavior to making projections for the hottest products, increasing production on popular items, and incorporating redundancies into transportation networks to ensure on time delivery.Read More
Running an efficient supply chain in a market driven by ecommerce and higher customer expectations requires sharing information in real time to speed up transactions, making accurate business decisions, and improving planning to ensure customers have access to the products they want, when they want them. But seamless collaboration between suppliers and retailers is challenging, resulting in higher costs and issues in meeting customer demands.Read More
Global mergers & acquisitions reached record levels in 2015. And with more than 21,000 deals announced through the second quarter of this year, M&A continues to play a key role for companies’ growth and expansion. As companies focus on acquisitions that help them extend into new markets, and add customers, products and technologies, due diligence and regulatory approvals are all critically important. But once the deal is done, the biggest challenge often lies in merging two distinct businesses. Post-merger implementation is where the rubber meets the road, particularly within the supply chain.Read More
Several years ago, I received a phone call from a frantic CIO. He had been in his role at a mid-sized retailer a short time, and was at the tail end of a significant Enterprise Resource Planning (ERP) System implementation. It was a major project, had been underway for many months, and they were just about ready to launch.Read More
I’ve spent much of my career working with small business owners. During that time I have learned a great deal from them about cash management, entrepreneurialism, making difficult choices, and leadership. I’ve also learned that small business owners can stretch an investment in infrastructure in ways that still amaze me.Read More
We are all trying to traverse the Amazon jungle…not the famed wilderness in South America but the retail behemoth that has completely transformed the industry. Amazon sets the bar not only in terms of the variety of products available but also the speed it can deliver those products to the consumer’s front door. Amazon has made product distribution central to its online retail experience and invested heavily in reducing the delivery time of its products. And, because of its size, it has been able to speed up distribution at a fraction of the cost, putting significant pressure on its competitors.Read More
Healthcare is a complex industry with many moving parts, from the doctors and nurses who provide care, to the orderlies stocking shelves, to the pharmaceutical companies and medical device manufacturers creating products.
Add to that, healthcare reform which is driving massive amounts of change, including the rise of healthcare consumerism, in which patients are becoming more accountable for their cost of care and expect more from the care experience.
The result: a system that’s ripe for supply chain transformation.Read More
Recently Great Britain voted to leave the EU. The very next morning, Wall Street tumbled 500+ points after the opening bell. The "Brexit effect" influences more than just Great Britain and the EU. There's a change in the air that's starting to reshape the way you run your supply chain.Read More