Supply-chain management consultant River Rock Advisors breaks down four key components of a successful operational strategy: preparation, implementation, execution and measurement.
The strong visualization of meaningful data is also crucial to a business’s success with artificial intelligence and analytics. It creates an engaging user experience that presents information in a highly intuitive way.
At a time when the coronavirus outbreak is disrupting global supply lines, a maker of toys that’s committed to manufacturing in the U.S. finds itself with an advantage over those that rely on production in China.
As bad as things might seem right now, the situation is temporary — and retailers must be prepared for the flood of consumer demand that will be released by economic recovery.
Having seen toilet paper panic buying in Asia as the virus began spreading outside of China, U.S. manufacturers said they ramped up production to avoid being caught flat-footed.
Growing from a single product into a global lifestyle and gift brand, Pearhead needed a system that could access real-time information from its retailer customers.
With anxious shoppers hoarding everyday goods and non-essential stores shuttered, the coronavirus pandemic presents a never-before-seen crisis for American retailers. Walmart appears better prepared to deal with it than its peers.