more 687241 640

Many retailers are moving toward a model where new collections are made immediately available to shoppers, rather than having consumers wait six months for a collection to go on sale. Consider the apparel space, where runway-to-retail lead time has always been notoriously long. Ralph Lauren is one of the biggest brands to recently implement the “see-now-buy-now” concept, and Burberry, Vivienne Westwood, Tom Ford and Tommy Hilfiger have taken similar steps in their recent fashion shows.

man 791049 640

While the supply chain industry that seems to have been around since The Industrial Revolution, new technologies and tactics are helping to keep it fresh and innovative. Whether it be same-day shipping done through the use of drop-shipping, or brand-new technology strategies like drone delivery, new technologies are only successful when they are properly incorporated into existing strategies and properly managed. Celeste Catano, Senior Global Strategist, Kewill, shares tips and best practices on making sure these technologies are maximized in the supply chain, without putting an unnecessary stress on supply chain managers.

James Daly 5 25 16

Ingenuity works best when it offers a solution for two parties with disparate interests. In the case of new supply chain finance transactions, the number of sides feeling the positive effects actually jumps to three.

The key features of this type of financing are compelling enough to give these types of transactions a lot of staying power. Here are three:

once upon a time 719174 640

The digital economy is presenting businesses with myriad opportunities. But to capitalize on these prospects, companies must be willing to adapt, particularly in regard to how they manage their existing supply chain operations.

While people are finally beginning to recognize the potential benefits that come with the digital economy, too few companies are digitizing their operations in an effort to thrive in this dynamic environment. In fact, according to SAP research, 71% of organizations consider their digital maturity levels to be in the “early” or “developing” stages.

 

mobile phone 1419275 640

Supply chains are highly dependent upon efficiency, and leading technologies have the power to improve and streamline operations. It’s a simple scenario -- the faster and more efficiently supply chains run, the more profitable they are. It’s no surprise then that two-thirds (64 percent) of supply chain executives consider big data analytics a disruptive and valuable approach.

Yet, although supply chain companies may recognize the immense advantages of innovative technologies, many struggle in a key area -- providing a quality mobile experience.

Current Issue

Check out our latest Edition!

 

 

Contact Us

Supply Chain World Magazine
150 N. Michigan Ave., Suite 900
Chicago, IL 60601

  312.676.1100
  312.676.1101

Click here for a full list of contacts.

Latest Edition

Spread The Love

Back To Top