Sorry, but your login has failed. Please recheck your login information and resubmit. If your subscription has expired, renew here.
It may seem anachronistic to begin an article about today’s digitally-connected, omni-channel supply chain with a quote from an 18th century Scottish poet. However, many retail supply chains have operated from the principal: “The best-laid plans … may still go wrong.”
In the retail world, inaccurate forecasts and plans too often lead to over-stocks of all the wrong items, out-of-stocks of the right items, lost sales opportunities and reduced profit margins.
Getting inventory right in the distribution center and on the store shelf is an imperative in today’s hyper-connected and always-on world, where consumers rule. They now have at their fingertips access to real-time information that helps them make informed decisions about product purchases, shopping preferences and recommendations. Coupled with a social mindset, it’s no wonder that the digitally-connected, agile and omni-channel supply chain is top of mind for most retail supply chain professionals.
This complete article is available to subscribers only.
Log in now for full access or start your PLUS+ subscription for instant access.
SC
MR
Sorry, but your login has failed. Please recheck your login information and resubmit. If your subscription has expired, renew here.
It may seem anachronistic to begin an article about today's digitally-connected, omni-channel supply chain with a quote from an 18th century Scottish poet. However, many retail supply chains have operated from the principal: “The best-laid plans … may still go wrong.”
In the retail world, inaccurate forecasts and plans too often lead to over-stocks of all the wrong items, out-of-stocks of the right items, lost sales opportunities and reduced profit margins.
Getting inventory right in the distribution center and on the store shelf is an imperative in today's hyper-connected and always-on world, where consumers rule. They now have at their fingertips access to real-time information that helps them make informed decisions about product purchases, shopping preferences and recommendations. Coupled with a social mindset, it's no wonder that the digitally-connected, agile and omni-channel supply chain is top of mind for most retail supply chain professionals.
SC
MR
Latest Supply Chain News
- What the INFORMS Analytics+ Conference revealed about the future of supply chain (and why you might be getting left behind)
- Coordinating AI-enabled supply chain operations
- The hidden supply chain risk no dashboard shows
- CSCOs need plant leaders to close the manufacturing transformation gap
- AI is reshaping the last meter of delivery
- More News
Latest Podcast
Explore
Topics
Software & Technology News
- Managing human and AI teams across the supply chain
- The AI-empowered supply chain leader
- Technology isn’t strategy
- What the INFORMS Analytics+ Conference revealed about the future of supply chain (and why you might be getting left behind)
- The Digital Supply Chain Imperative: From Visibility to Execution
- AI runs on compute; scaling it runs on logistics
- More Software & Technology
Latest Software & Technology Resources
Subscribe
Supply Chain Management Review delivers the best industry content.
Editors’ Picks
