What many don’t realize is that a significant percentage of their total costs are tied up with the supply chain, especially for those businesses that outsource manufacturing. These include:
The supply chains of omni channel retailers operating brick-and-mortar and online stores need to simultaneously fulfill multiple, sometimes conflicting, requirements. Here are nine things you may not have known about an omni channel supply chain.
The value of predictive analytics allows companies to view the history of a seasonal product’s raw materials, for example, and predict how procurement needs to source the upcoming season’s inventory. Procurement gets a win for reducing costs, but the company doesn’t necessarily benefit if the product has overall lower margins
