Supply Chain Management Blog
No matter what time of year it is, when you enter your local grocery, pharmacy or big box store they will be selling merchandise for the next big holiday or retail season.
Earlier this month, our team in Brno, Czech Republic hosted an industry panel and discussion featuring representatives from the American Chamber of Commerce, the U.S. Embassy in Prague, McKinsey & Company and a variety of leading manufacturing companies in the region. Given the vast shortage of skilled technicians, the event facilitated discussions on how to address the lack of workforce today, as well as how to calibrate the education system for a workforce that matches tomorrow’s demand.
It may be hard to believe, but the holidays are just around the corner. And for those of us in the supply chain industry that means just one thing: peak season.
Though hard to believe, the holidays are nearly here, meaning we’re closing in on two of the biggest shopping days of the year: Black Friday and Cyber Monday.
The supply chain, logistics, manufacturing and e-commerce industries continue to develop faster than we ever imagined.
While the wild west of retail has long been reformed, the result has been the creation of a laundry list of rules and regulations that manufacturers and distributors must abide by to avoid major fines.
Whether facing a major product launch or compiling standard monthly forecasts, the accuracy of demand forecasts is crucial.
Hurricane Irma was perhaps one of the most devastating hurricanes ever to hit the U.S. and its neighboring islands, with an estimated death toll of 70, historic destruction across Florida and massive havoc throughout the Atlantic region.
Few can have missed the changes happening in the retail sector. Brick and mortar retail brands are reinventing themselves and their business models to survive in an e-enabled retail world. It should not be a surprise that as retailers innovate with new store concepts, footprint and promotional models, the supply chains that support them must be increasingly agile to meet the changing needs and formats of brick and mortar and e-commerce retailers.
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