Point of sale is "where the facts are" that help retailers readjust orders to accommodate sales peaks and valleys that may be predictable but aren't always intuitive.
For "complexity masters," the world can be a dependable supplier and profitable market. But lackluster business performance is an unpleasant side effect for companies ill prepared for globalization and mounting value-chain complexity.
As corporations turn a strategic eye on sourcing operations, they increasingly realize the need to better manage and enforce their numerous contracts. In may ways, this is old news for transportation and logistics, where contract management tools and processes already are well established, though still underused.
Is vendor-managed inventory a boon to suppliers or another problem for them to overcome? Regardless of where you come down on that question, analysts say a confluence of forces is whipping up renewed interest in VMI.
It's a mistake to see the financial information reporting and documentation requirements of the act as the responsibility solely of either the CFO or the IT department. Sarbanes has many implications for supply-chain management.
Ten best practices in supply-chain planning, culled from conversations with leading supply-chain executives, analysts and vendors - the first of a series of six "Best Practices" articles to be presented this year.
The latest news, analysis and trends regarding technology solutions and their impact on supply chain management. New technologies in forecasting and demand planning, supply chain visibility, big data analytics, the internet of things (IoT), cloud and software as a service (SaaS), enterprise resource planning (ERP) and transportation management systems (TMS) and WMS are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of supply chain technology solutions.
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