Over the past 5 years there has been a rise in cargo theft incidents reported during the Memorial Day holiday weekend. The pandemic creates new challenges.
COVID-19 has forced businesses around the world to adapt and in many cases to transform from their typical business model to now relying heavily...
Apparel brands and retailers must use the global coronavirus crisis to take stock of their existing business models and create more stable and sustainable...
Supplying open stores and gearing up for retail's reopening has brought logistical difficulties that require creative ideas to ensure safe, timely delivery.
Retail supply chain analysts may want to consider Twitter traffic by geography to be one more signal to improve their demand-based decisions when distributing goods from distribution centers to stores.
In addition to directing goods to store shelves, distribution centers are vital to those now relying on e-commerce or contact-less forms of shopping to receive the items they need.
In supply chain terms, Russia is considered an emerging market, which has grown very quickly in a short period of time. Because of this, little if any well-known retailers from the US or Europe have logistic operations in country. This forces most retailers to use a transportation broker that specializes in shipping throughout parts of the country.
We extract major economic benefits from modern supply chains, because each organization can focus on its core mission or specialty. This narrowing of focus is very effective, allowing each organization to be the best at whatever it does, but this same narrowing of focus means the system as a whole becomes fragile.
A well-managed supply chain—one that mitigates threats—is fundamental to a productive business. In the present worldwide assembling conditions, where stock moves abroad or through different cities and countries before appearing at a store, the risks of incident or damage from cargo theft, atmosphere, work stoppage, and even work-area blunders requires innovative and intensive supply chain risk management solutions for supervising successfully.
As e-commerce continues to evolve, so will loss prevention. We have literally entered a new era in how the consumer shops, and retailers must continue to figure out ways to ship these orders. This is true year-round but even more critical during peak season.