Retail’s Phantom Inventory Menace, or the Ghosts of Christmas Present

Retail’s Phantom Inventory Menace, or the Ghosts of Christmas Present

Even with today’s sophisticated inventory management systems, retailers are woefully unaware of just how low on-shelf availability is for many of the products they carry. Our research, carried out in collaboration with a major consumer goods manufacturer, suggests the problem is significantly worse and costlier than many retailers assume. The culprit is “phantom inventory”—goods thatRead More

Does Your Supply Chain Risk Management Strategy Hold Water?

Does Your Supply Chain Risk Management Strategy Hold Water?

Companies have come a long way in their ability to manage supply chain risk, but they urgently need to step-up their efforts in one key area: the threats posed by water scarcity. The Carbon Disclosure Project’s (CDP) 2016 Annual Report of Corporate Water Disclosure, published in November 2016, provides a wake-up call. A total ofRead More

Improving Traceability for Better Supply Chain Performance

Improving Traceability for Better Supply Chain Performance

Many companies are striving to improve supply chain traceability in response to increasing demand from customers and government regulators for more information on product flows. The ability to accurately track the movement of products also helps companies to raise the efficiency of supply chains. Researchers at the Malaysia Institute for Supply Chain Innovation (MISI), ShahRead More

New Tool Brings Logistics Carbon Emissions into Sharp Focus

New Tool Brings Logistics Carbon Emissions into Sharp Focus

Companies can calculate the overall carbon footprint of a logistics operation using readily available estimation tools. However, to implement meaningful management decisions about cutting CO2 emissions, a more detailed analysis is necessary. The Zaragoza Logistics Center (ZLC), Zaragoza, Spain, in collaboration with multinational business group INCLAM, headquartered in Madrid, Spain, have developed a tool thatRead More

Innovation is a Team Activity

Innovation is a Team Activity

Supply chain management is a team endeavor, and developing an effective operational team is a challenge for any organization. But including innovation in the mix compounds that challenge. A study conducted last January by the MIT Supply Chain Strategy Lab sheds light on the dynamics of supply chain teams, and the factors that impact theirRead More