Reducing inventories could free up $43Billion in cash. When you ignore #SupplyChain velocity and its #InventoryVelocity. Undoing decades of the way we were. #inventory
Supply Chain Management and Logistics Blog. Posts are about end-to-end supply chain management and logistics in a time of challenging disruption. Tom provides leading supply chain management and logistics consulting and advisory assistance based on real-world experience. He brings authority and domain expertise to clients. Email Tom at: tomc@ltdmgmt.com Check Tom's profile at: https://www.linkedin.com/in/tomcraig1/
Friday, June 29, 2018
Thursday, June 28, 2018
STRATEGY VS REACTING
#Reacting to what competition does is not #strategy. It is what laggards do with their #SupplyChains.
CPG MANUFACTURERS AND SUPPLY CHAIN STRATEGY
CPG Manufacturers need a supply chain strategy to complement their omnichannel strategy and to drive e-commerce success. It is about the new selling reality and supply chain velocity, not just shipping truckloads to customer warehouses. It should be more than reactionary--copying what others do. Create a leadership role in its market and product category. Become a channel leader. That increases value and sales to both retailers and end-use customers. #CPG #manufacturing #SupplyChainManagement #strategy #retail #SupplyChainVelocity #ecommerce
Wednesday, June 27, 2018
GLOBAL E-COMMERCE GROWTH AND SUPPLY CHAIN MANAGEMENT
E-commerce is forecast to be 33% of global retail sales in 2022. How many retailers and CPG manufacturers will be left behind because they did not transform their supply chains?#retail #ecommerce #manufacturing #SupplyChain #SCM
SUPPLY CHAIN MANAGEMENT IS STRATEGIC
Supply chain management has been elevated to strategic importance. It must be assessed in that context.
#SupplyChainManagement #strategy
#SupplyChainManagement #strategy
Tuesday, June 26, 2018
OMNICHANNEL AND WAREHOUSES--NEW PRODUCTS VS EXISTING
An omnichannel supply chain issue that does not get attention. Retailers and CPG manufacturers introduce new products into retail. E-commerce buyers are buying existing products. SKUs increase in warehouses pushing already tight space for storage and picking of omnichannel orders.
#retail #ecommerce #manufacturing #CPG #SupplyChain #warehouse
Monday, June 25, 2018
SUPPLY CHAIN METRICS THAT MATTER
4 Best Supply Chain metrics are #metrics that matter. Read more about them at--
https://www.linkedin.com/pulse/4-supply-chain-metrics-tom-craig/
https://www.linkedin.com/pulse/4-supply-chain-metrics-tom-craig/
Wednesday, June 20, 2018
E-COMMERCE OMNICHANNEL AND SUPPLY CHAIN STRATEGY
Too many retailers and CPG manufacturers lack a supply chain strategy to drive e-commerce omnichannel success. Reactionary efforts do not compare to strategy planning and execution. And it shows.
#retail #CPG #manufacturing #SupplyChainManagement #omnichannel #strategy
Tuesday, June 19, 2018
MID-SIZE RETAILERS, CPG MANUFACTURERS AND E-COMMERCE OMNICHANNEL
Mid-size retailers and CPG manufacturers face the biggest challenge with e-commerce omnichannel strategy and success and the supply chain to drive it.
#retail #ecommerce #manufacturing
#SupplyChainManagement #omnichannel #CPG
Monday, June 18, 2018
INVESTORS AND LOGISTICS
Do investors/investment firms really understand what is happening in logistics for 3PLs and other providers with disruption and transformation, e-commerce, digitization, Being Amazoned, blockchain, and more? From inquiries I have seen, they seem to be asking questions on what was rather than what is and what will be. Am I correct?
#logistics #3PLs #investors #investmentfirms
Thursday, June 14, 2018
E-COMMERCE FULFILLMENT VS LAST MILE
For most retailers and manufacturers, fulfillment is a bigger cost and operating e-commerce supply chain issue than the much-blamed Last Mile.#retail #ecommerce #manufacturing #lastmile #SupplyChainManagement #fulfillment
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