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.
The International Supply Chain Protection Organization (ISCPO) 6th annual conference March 3-5, 2020, in Dallas is open for registration. ISCPO members and loss prevention...
Businesses moving goods through their supply chains have two choices: transport it themselves or outsource it. While the decision to outsource is usually a no-brainer, the challenge for loss prevention professionals becomes how to best manage to this risk without increasing costs beyond operational savings. There are usually three basic qualifiers to be considered “competent” or low risk by your clients.
Tom Meehan, CSO and CISO of CONTROLTEK, and Malcom Beckwith, safety and loss prevention manager at Tuesday Morning, are the latest additions to the...
Holiday periods are known for increased risk of cargo theft because cargo thieves look to exploit an abundance of unattended trucks and closed warehouse...