While most manufacturers and retailers realize there is a large gap between where they are today and where they need to be to meet customers' expectations, many fail to use advanced technologies and best practices, according to a JDA survey of 255 executives across 17 countries, representing a wide range of retailers and manufacturers.
Analyst Insight: E-commerce continues to grow by double digits and many companies are striving to achieve omnichannel success. A successful omnichannel strategy means having the capability to meet customers' increasingly high expectations by enabling them to buy anywhere, take delivery where they want to take delivery, and make returns where they choose. While today's leading retailers understand the need for omnichannel success, the majority are falling short of meeting their objectives. – Kelly Reed, Executive Vice President, Tompkins International
Analyst Insight: The need for speed, along with margin pressures, is causing food and beverage distributors to look for ways to achieve greater efficiencies in the warehouse. The continued growth of the "long tail" that are slow movers combined with a scarcity of available labor and the complexity of route-stop sequencing makes automation a good option. But to justify investments you have to look beyond the labor savings alone. – Frank Jewell, Food and Beverage Industry Leader, Fortna Inc.
In 2015 we will see a change to how all UPS and FedEx shippers pay for ground packages. No longer based simply on physical weight, dimensional (DIM) weight pricing takes into account the exterior package size which is the amount of space a package occupies when in the cargo area of a transport vehicle. – Paul Steiner, Vice President of Strategic Analysis, Spend Management Experts
Steve Geary, president of Supply Chain Visions, shares stories of "extreme" supply chains in Afghanistan – and tells how those strategies and lessons can be applied in the U.S.
It's easy for tech-savvy executives to get excited about Big Data and advanced analytics these days. Newly available tools allow companies to do things they couldn't do before, like recommending specific products to online buyers or mining workers' compensation claims data to recommend better treatment options for injured employees. But whiz-bang capabilities don't create real value unless an organization incorporates these new techniques into its day-to-day operations.
U.S. Carnivores U.S. meat exporters caught in the middle of the West Coast port labor standoff diverted millions of pounds of chilled pork and beef into cold storage facilities over the last few weeks, creating an oversupply of meat, analysts said.
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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