Every day, retail supply chain managers are tasked with meeting the rising demands of their customers. Whether its speeding products to market to keep store shelves stocked with the hottest items, eliminating waste, or reducing risk; the end result is always to keep customers happy and loyal. However, as supply chains evolve and new trends come to the forefront, here is one thing supply chain managers will always have to deal with – disruptors. The question is: are managers able to apply innovation to get better control of the disruptors.
Government regulation, talent shortages, shifting consumer behavior, and changing technology are some of the disruptors that keep CEOs up at night. But is disruption always bad? Disruption forces us to change the way we think, behave or even do business. It makes us look at things in a whole new way, often turning challenges into opportunities - and turn business disruption into businesses that disrupt.
In this report, Ryder experts will discuss several trends in the supply chain that are being used to combat the growth of disruption – nearshoring, warehouse strategies, omni-channel fulfillment, M&A activity and sustainability initiatives – while showing how innovation is turning the tide for small and large companies alike.
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