The holiday season can be a stressful time for just about everyone. However, those in charge of maintaining and managing a company's supply chain can feel more seasonal pressure than the rest of us. These are the folks who ensure that the gifts we've ordered arrive on time, which entails more than many realize. Supply chain managers are under considerable stress with the holiday season approaching. However, by heeding a few tips and planning ahead, these employees can significantly streamline processes and reduce their stress around the winter months.Continue reading
Warehouse management systems are crucial to overseeing large global product portfolios. In the age of big data, it seems like there's little that cannot be optimized through data crunching and meaningful applications of information insights. Warehouse management is no exception. In the case of massive supply chain systems that include hundreds - if not thousands - of stakeholders, quantity breeds quality. The ability to put real-time information about operational processes directly toward their improvement opens many doors for supply chain leaders.
The term "omnichannel" is set to become one of the industry's biggest buzzwords in 2014, but this does not mean business and IT leaders shouldn't take note of it. Successful omnichannel strategies are becoming essential for maintaining competitiveness, but, as Forrester analyst Adam Silverman noted, there is also a great deal of confusion regarding what it means for organizations. Many businesses see omnichannel from a narrow perspective.
Back-end systems - although critical for the continued reliable operability of an enterprise - are not often thought of as having customer-facing benefits. The behind-the-scenes processes that lay the foundation and framework for a massive business are typically viewed solely as structural commodities, making it difficult at times to stress their value to executives concerned with bringing in new clientele and generating fresh revenue streams.
Global companies are under pressure from governments and industry regulators to tighten up standards to make operations more efficient and environmentally friendly. In light of increased awareness and alarm surrounding climate change and the effects of pollution, many supply chains hope to reduce their carbon footprint by implementing cleaner, more resourceful policies.
Dazadi.com, an online retailer, recently upgraded its IT infrastructure to include cloud-based warehouse management software to enhance its distribution operations. The company was recently named one of the top 500 fastest growing companies by Internet Retailer and is hoping the latest technology implementation will further accelerate the enterprise's introduction into new markets.
Supply chain processes have remained similar in their broad strokes over the years, with the cycle of goods moving from material suppliers to manufacturers and then on to vendors, staying in warehouses along the way. According to a recent report by Supply Chain Digest, however, several experts in the warehouse management market have seen software systems in the industry going through changes and evolution, delivering new capabilities.
Information technology has steadily increased its hold on all departments within the average company company. Nearly every function in the corporate arsenal is tied in some way to the use of software. Logistics is no exception to the rule when it comes to modern trends. With specialized software fulfilling every function from warehouse management to high-speed B2B integration, more supply chains rise and fall on the backs of their technology officers.
There are many conflicting and confusing factors at play in a warehouse environment. With a wide variety of goods in various states of completion moving through them, warehouses are a critical link on the supply chain. Therefore, no supply chain management strategy is complete without some considerations for warehouse management. Supply and Demand Chain contributor Pete Kontakos recently explained different warehouse factors managers can keep track of to make sure they are not losing time and money unnecessarily on storage processes.
Supply chain management is largely concerned with global outsourcing and networks of related companies. This has been the natural outgrowth of the world economy and companies have found ways to thrive within the system. Sometimes, however, managers can find success with cannily deployed in-house functions.