Join Stacie Immesberger and Guy Courtin on Supply Chain Radio as they discuss the evolution of warehouses, and how advances in everything from automation to robotics are changing the game.
From the first mile to the last mile, consumers and the rise of digital technology are transforming the entire supply chain. And from their position as one of the last stops between manufacturers and retailers (not to mention end consumers), warehouses are ripe for innovation.
Topics: Retail, Supply Chain, Fashion & Apparel, Life Sciences, Supply Chain Agility
A recent survey conducted by YouGov on behalf of Infor shows that consumers now expect a supply chain visibility solution as part of the brand experience. Download this infographic to learn how consumer expectations are on the rise across all product categories.
Topics: Supply Chain, Supply Chain Visibility
By Greg Kefer, VP marketing, Infor
OK, I realize the headline is a bit loaded, but I got inspired after coming across a market study by Geodis that found only 6% of companies claim to have “full visibility” across their supply chains. This mirrors other studies that point to a consensus that while visibility is universally desired, few companies have it completely figured out.
Part of the challenge is defining what supply chain visibility actually is. According to Gartner, it has more than 100 software vendors on its radar that claim to have some kind of supply chain visibility offering, which means visibility into a distribution center, or plan, or plant, or region, or transport mode, or some performance KPIs would count.
Some companies have figured out visibility, and are driving tens of millions of dollars in value. But a lot of companies are on a long journey to achieve a vision. The complexities of any global supply chain are daunting, but the cost of doing nothing is too great to ignore. You cannot compete if you operate in the dark.
Topics: Supply Chain, Supply Chain Visibility, Supply Chain Network
Think about this:
81% of consumers in the 2016 IBM Consumer Expectations Study said they would choose one retailer over another based on the ability to see whether an item is currently in stock and if it will arrive on time. Whether online or in store, 72% of shoppers would make a purchase from another retailer if an item is out of stock, an increase from 42% in 2011.
All the while, Amazon continues to disrupt the retail industry with supply chain innovation as it drives consumer expectations toward quicker delivery rates: 72% of consumers now consider the option of two-day delivery a key factor influencing their buying decisions.
This trend means companies can no longer compete based only on the quality of their products; they also must battle on the performance of their supply chains.
Continue reading this blog from our partner, Infor to learn how digital commerce networks can help you deliver online orders on time.
Topics: Manufacturing, Process Manufacturing, Supply Chain, Warehouse Management Systems