1. If your product market life is long (think Consumer goods business / grocery business / Core / Never out of stock Items in fashion business) then you can save 10% of your costs by implementing a system that replenishes goods based on actual consumption rather than on projected consumption. 2. Read more…
During season time, retailers rely on 2 solutions to lure shoppers, generate sales and lift their own holiday spirits. We believe retailers should look at BOTH of the below options and not just 1 of them for maximising their sales. 1. Assortment-planning solutions. By analyzing sales targets, shelf space and Read more…
Generally, the further up the chain you go, more predictable the lead time. The article talks about how to ensure that you can handle the times when it is not predictable. The problem most supply chains run into is that space restricts the last inventory points versus the variation in Read more…