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Category: Suppliers


Suppliers

Harnessing generative AI for smarter supplier negotiations

March 1, 2024

Via: SCMR Editorial

Of the numerous AI applications in supply chain management, supplier selection, risk resilience, and contract negotiation are often cited as offering the most potential for generative AI. The need for high volumes of text and data makes these areas particularly […]


Suppliers

5G and Supply Chain Connectivity: Enhancing Logistics in the Digital Age

February 29, 2024

Via: SCMR Editorial

Unreliable suppliers, transportation delays, and communication breakdowns are just some of the headaches faced by logistics and transport professionals every day. Fortunately, 5G technology can resolve these issues and streamline supply chain management. 5G connectivity gives companies end-to-end visibility into […]


Suppliers

Walmart trims store-to-home delivery costs by 20%

February 27, 2024

Via: Retail Dive

The unit economics surrounding Walmart’s last-mile delivery operations have improved as it grows its online shopper base and, consequently, order volume from its stores. Store-fulfilled delivery sales jumped 50% in Q4, with the company reaching a $2 billion monthly run […]


Suppliers

This Supply Chain Year Will Be Dependent on Politics

February 23, 2024

Via: SCMR Editorial

Like so many organizations, the Reshoring Institute did a predictions survey for 2024. The results surprised us. Out of all the responses, politics was the most often cited regarding what will affect supply chains in 2024. Fifteen or 20 years […]


Suppliers

4 Nonmonetary Motivators to Drive Supplier Quality Improvements

February 22, 2024

Via: SCMR Editorial

A common challenge supplier quality leaders face is getting suppliers to implement improvements beyond those necessary to maintain compliance. According to participants in Gartner’s Supplier Quality Management Benchmark Survey, even if suppliers have the knowledge and ability to develop their […]


Suppliers

Composing the Ideal Supply Chain Symphony

February 15, 2024

Via: SCMR Editorial

A well-run supply chain organization has more in common with music than many may think. A supply chain is made up of many parts—there are physical assets like trucks on the roads and robots in the warehouse. There are the […]


Suppliers

NRF, Hackett Associates Raise Retail Import Growth Forecast

February 14, 2024

Via: SCMR Editorial

U.S. retailers expect import growth through the first half of 2024 despite continued delays at the Suez Canal and terrorist attacks on ships in the Red Seas, according to the Global Port Tracker report released by the National Retail Federation […]


Suppliers

How Smart Supply Chain Management Boosts Brand Identity

February 13, 2024

Via: SCMR Editorial

The history of customer service dates to nearly the beginning of time, back to when merchants of the ancient civilizations in Rome and Greece worked to satisfy their customers. It has evolved since then, but until the COVID-19 pandemic disrupted […]


Suppliers

The India Advantage: 6 Reasons Why Supply Chains Are Leaving China

February 12, 2024

Via: SCMR Editorial

Global trade patterns have been on the move for the last five years as U.S. companies continue to focus on diversifying their supply chains. Combine steep tariffs and an unprecedented pandemic with increasing climate disasters, geopolitical tensions, and greater consumer […]


Suppliers

76% of supply chain operations are facing a workforce shortage

February 9, 2024

Via: SCMR Editorial

The supply chain and workforce that make up the sector are constantly evolving. Labor shortages in transportation and warehousing are quick to make headlines, but job opportunities across the supply chain continue to go unfilled despite promising pay and benefits. […]


Suppliers

Should US Retail Worry Much About the Red Sea Shipping Crisis?

February 7, 2024

Via: RetailWire

Attacks on vessels by Yemen’s Houthi rebels in the Red Sea have disrupted international trade, threatening price hikes and shipment delays. Many importers are revisiting coping strategies tapped during the pandemic. The Suez Canal is the main route for shipping […]


Suppliers

USPS Invests in EV as Part of 10-Year Modernization Plan

February 2, 2024

Via: Retail TouchPoints

The United States Postal Service (USPS) recently unveiled its first round of electric vehicle (EV) charging stations at a new Sorting and Delivery Center (S&DC) in Atlanta, Ga. The Postal Service expects to convert approximately 400 S&DC sites nationwide so […]


Suppliers

The Science Behind Warehouse Placement

January 25, 2024

Via: SCMR Editorial

Whether you are utilizing one warehouse or 10 warehouses, there are optimal locations for where inventory should be stored. Chicago Consulting has released its 10 Best Warehouse Networks for 2024 to help businesses make better informed decisions. While its research […]


Suppliers

Drones and Virtual Experiences: Shipt Launches Innovation Lab to Explore Delivery’s Frontier

January 19, 2024

Via: Retail TouchPoints

Shipt has launched an innovation lab focused on “big thinking to centralize delivery and product experiments across the country,” according to a statement from the company, which is an independently operated subsidiary of Target. The lab will explore the potential […]


Suppliers

Walmart to expand drone delivery to 1.8M more Texas homes

January 11, 2024

Via: Retail Dive

The Dallas-Fort Worth metroplex is becoming a hotspot for Walmart’s growing drone delivery ambitions. The company launched drone services there with DroneUp in 2022, and last August it debuted its delivery offering with Wing in two area cities, reaching 60,000 […]


Suppliers

Surprise! B2B Leaders Say Supply Chain Management Systems Are Most Important to the Customer Journey

December 28, 2023

Via: SCMR Editorial

The past three years have afforded supply chain professionals power within the executive ranks they have never enjoyed. Disruptions, materials shortages, and constant change have elevated the supply chain profession to heights it has never achieved, with seats inside boardrooms […]


Suppliers

Free shipping is more important to shoppers than same-day delivery: Forrester

December 28, 2023

Via: Retail Dive

Given the costliness of implementing same-day delivery and shipping, and consumers’ lukewarm feelings on it, the investment may not be worth it for some retailers, according to Forrester. A more cost-effective way to provide products quickly is buy online, pick […]


Suppliers

NRF: Returns Reach 14.5% of Sales in 2023, Fraud Contributed $101 Billion in Losses

December 27, 2023

Via: Retail TouchPoints

Returns totaled $743 billion in 2023, amounting to 14.5% of all retail sales, according to a report from the National Retail Federation and Appriss Retail. This means that for every $1 billion in sales, the average retailer incurred $145 million […]


Suppliers

How Logistics Companies Can Keep up With Consumer Delivery Demands

December 26, 2023

Via: RIS News

A two-week delivery window used to be the norm, while next-day delivery was a premium service. Today, if a package isn’t on the customer’s doorstep within a day or two, they’ve already fired off an angry tweet. This is mostly […]


Suppliers

Supply Chain Set to Deliver this Christmas

December 14, 2023

Via: SCMR Editorial

When it comes to Christmas – the shopping season, not the part about the eventful birth several centuries ago in Bethlehem – the last few years were packaged in considerable challenges to the retail and logistics industries. The weather wasn’t […]