Coronavirus, for all its devastating toll on human life and global economic activity, may also very well be branded and remembered as the ‘supply chain virus’. Appropriately responding to unprecedented ...
December 12, 2018 It seems like every day there are new developments in the technological world. Once you get comfortable with one channel, another one pops up on the scene. ...
August 21, 2018 Most inventory allocation systems leave money on the table. Inventory sells out early at one store and is left unsold on the shelves at another. While inventory ...
August 14, 2018 Most retailers are stuck in the past, using obsolete forecasting systems to make decisions. But the models of ten years ago won’t get the job done today. ...
July 24, 2018 In classical terms, elasticity is simply a link between price and volume. The more an item’s sales volume changes in response to changes in price, the more ...
July 5, 2018 The process of tracking item sales used to be fairly straightforward. Add up the total sales in each location, factor in price changes, subtract any discounts and ...
June 18, 2018 Much ink has been spilt recently over the waning of the retail industry. And the prognosis for retailers unwilling to unlock the advantages of big data does indeed seem bleak. ...
May 25, 2018 How smart is your supply chain? For fashion company managers and executives, inventory that doesn’t move is a problem. Managing the supply chain to balance stock between ...
