Mitigating the High Risk of Low-Cost Items

Mitigating the High Risk of Low-Cost Items

How important are you to your suppliers? It’s a question that companies need to ask when evaluating risk in their procurement strategies. And it is especially important in today’s fast-changing commercial environment where suppliers’ priorities can change very quickly. Of particular interest are items that are low cost and low volume but essential to theRead More

Mitigating the High Risk of Low-Cost Items

Mitigating the High Risk of Low-Cost Items

How important are you to your suppliers? It’s a question that companies need to ask when evaluating risk in their procurement strategies. And it is especially important in today’s fast-changing commercial environment where suppliers’ priorities can change very quickly. Of particular interest are items that are low cost and low volume but essential to theRead More

Optimization Tools Lighten the Load on Stressed Freight Networks

Optimization Tools Lighten the Load on Stressed Freight Networks

Freight transportation networks are increasing in complexity at a time when companies are under immense pressure to improve service levels. Investing in more efficient infrastructure is one response to this challenge, especially in countries such as the United States where deteriorating transportation systems are struggling to keep up with rising traffic volumes. But there isRead More

In-Store Fulfillment is No Defense Against Amazon

In-Store Fulfillment is No Defense Against Amazon

Facing a growing threat from Amazon.com Inc. and its e-commerce imitators, many traditional retailers and supermarkets are trying to turn a weakness—their costly brick-and-mortar stores—into a competitive advantage. The so-called omni-channel solution envisions those outlets operating both as familiar sites for merchandise display and as fulfillment nodes for online sales. The idea is that customersRead More

How Will Pokémon Go Shape Real-World Demand?

How Will Pokémon Go Shape Real-World Demand?

  The mobile game Pokémon Go could be part of future Sales & Operations Planning (S&OP) meetings. The free game played on smartphones has become phenomenally successful. The next stage of its rapid growth could include commercial tie ups that generate traffic for retailers and hence stimulate consumer demand for their products. Pokémon Go brings togetherRead More

Second Thoughts on Second Sourcing

Second Thoughts on Second Sourcing

Not keeping all of your eggs in one supply basket is an appealing strategy to increase supply chain resilience. But it’s not always effective. Aero engine maker Pratt & Whitney has doubled up suppliers in an effort to avoid interruptions to the production of its new turbofan engine. But according to a recent Wall StreetRead More