In just a few months, shippers could be facing one of the greatest supply labor-related chain interruptions since the 2002 negotiations on the West Coast. With the ILWU west coast longshore contracts ending June 30, importers and exporters must plan for unpredictability and supply chain disruptions. Companies will have to prepare for work slowdowns, potential union strikes, and employer lockouts. Already the strike at Port Metro Vancouver has had an impact on inventory levels…READ MORE
Channel-less retail… Single experience retail… Post-omnichannel world…
The dialog at NRF this year consisted of several hot topics: mobile solutions, getting closer to consumers, in-store strategies, delivering goods on-time. But the core conversation was omnichannel – more specifically, “moving past omnichannel” – deemed by many to be a concept of the past. “Omnichannel is dead,” many said. Speaking with vendors, analysts and retailers, the consensus is we’ve moved beyond omnichannel to a vision of channel-less retail:…READ MORE
It’s likely no surprise that inventory leads to carrying costs and the risk of obsolescence. So why do so many companies load up their warehouses? To put it bluntly: often people stick inventory on a shelf in order to feel good. It’s an insurance policy. In reality, the more inventory you have collecting dust, the less of a solution it really is. If it’s not moving, it’s not making money.
Global sourcing – not only in…READ MORE
I’m sure most people in the supply chain industry have moved on from the Japan disaster of 2011. That tragedy is one of the reasons so many companies today have elevated their focus in how they operate on a global basis.
Today, I was somewhat shocked when I came across a story about how the electronics industry hopes to be fully recovered from the disaster by the end of September –…READ MORE
The retail holiday season is marked by excitement and general good cheer, with family, gifts, and food at the center of celebrations as the year comes to a close. This cheery feeling lasts throughout the holidays, right up until the time where leftover food is being thrown out and unusable holiday gifts are heading back to retailers with expectations of a full refund.
While it is well-documented that 25%…READ MORE