Supply Chain Digest - The best in supply chain management and logistics news, insight, education, opinion and education. FMCG seeks start-up edge. FMCG seeks start-up edge FMCG start-ups , Thinkstock Share Written By Priyanka Golikeri Fast moving consumer goods (FMCG) brands are suddenly demonstrating a new-found love for start-ups.
Consider this. In the last few months, Emami invested in start-ups like Brillare Science and The Man Company. The RP – Sanjiv Goenka Group, meanwhile, has spoken of creating a Rs 100 crore venture capital fund that will invest in FMCG start-ups. This increased interest by home-grown FMCG brands towards start-ups has got to do with a desperate attempt to shake off their legacies, appeal to millennial consumers and re-charge themselves digitally, say, experts. All businesses around the world are going digital.
And brands with legacy systems are seeking out synergies with digitally sound start-ups. There are multiple other advantages because of which established legacy brands sync up with new-age start-ups. Then there exist advantages to logistics. All businesses around the world are going digital. Supply chain challenges on the path to digital transformation. Our survey respondents recognize the supply chain’s importance in digital transformation efforts—yet many do not view it as a driver of digital innovation, nor are its leaders involved in strategic decisions.
Long before the digital era that we commonly associate with Industry 4.0, the supply chain has served as the lifeblood of the industrial organization. In recent decades, however, supply chains have grown increasingly global and complex, enabled in large part by advanced digital and physical technologies. These technologies have also allowed the supply chain to evolve into something less linear, more interconnected, and responsive to change. 5 Considerations for Parcel Spend Management. Auditing identifies inaccuracies and holds the responsible party accountable.
In parcel spend management, this translates into shippers spending less on parcel shipping, which should pass-through as lower cost shipping and handling to customers. 'Amazon effect' will grow as retail challenges increase, says Blue Yonder. With the retail market reeling from the latest round of profit warnings and administrations in the sector, many retailers will be looking towards innovation in order to ride out challenging times.
Uwe Weiss, CEO at Blue Yonder, argues that the 'Amazon effect' – the on-going disruption and evolution of the retail market – will now increase its influence as retailers fight to retain market share and customer loyalty. "With Amazon already using artificial intelligence (AI) to deliver personalised shopping recommendations and optimise their supply chains, traditional retailers must be all the more aggressive in their adoption of next generation technologies if they are to retain market share.
With the likes of more traditional retailers like Maplin and Toys R Us facing closures, and Moss Bros, Claire's Accessories and Mothercare all reporting challenging circumstances, innovation needs to be in the spotlight more than ever," Uwe said. What’s the most fun or interesting part about working in the supply chain? - Inbound Logistics. April 23, 2018 | By Katrina Arabe Tags: Logistics, Careers, Supply Chain Knowing I work in an industry that touches every aspect of everyone's life.
I like knowing that if we do our job well and someone goes to the shelf for something they need—the shelf is full. Andrew Teal, Quality Analyst, Schneider The job changes every day. PJ Moffett Global Logistics Manager Blu Electronic Cigarettes The most interesting part is helping solve our customers’ last mile pain points. Daniel W. Always having to think on your feet. Steve Rhynas Logistics Planner Glory Global Solutions As a freight broker you are always only as good as your last load—so I love that I need to go through each day knowing today is the most important day in my career.
Greg McInnes RTL National Account Sales. Can Supply Chain Collaboration Save Retailers and Manufacturers? Desperate times call for desperate measures.
That is the axiom I keep coming back to as I survey the consumer goods to retail supply chain, which I do with some regularity. There retail world is obviously transforming dramatically before our eyes. Last year, there were some 6500 net stores closings in the US. Projections are for similar numbers this year. In 2018 we have seen the outright failure of the Toys R Us chain and now the Bon-Ton chain of several department store banners, including Bon-Ton, Elder-Beerman, Younkers, Carson Pirie and others. What is seismic about the Bon-Ton failure is that it is placing still more pressure on mall owners, many of which had large Bon-Ton anchor stores. Malls are in deep trouble. Macy's recently closed it downtown Cincinnati store – just a few blocks from its headquarters.
Top 10 Signs You’ve Been in Supply Chain Too Long – Kinaxis. Machine Learning in Today’s Warehouse Management Systems (WMS) While speaking with a number of WMS product managers, I began to notice that machine learning was called out as a focal point for WMS product development efforts.
In general, machine learning is a hot topic in the world of supply chain technologies. Just last week, Chris Cunnane wrote about machine learning for transportation execution. And Steve Banker recently wrote about Vecna Robots use of machine learning to improve its vision system. Naturally, I wanted to understand the relationship between machine learning and the traditional quantitative tools used in WMS. From factory to fridge: Inside Coca-Cola's supply chain. Li & Fung appoints Darren Palfrey as new CDO - Fibre2Fashion. Supply Chain Digital - Supply Chain News, Magazine and Website. The Perfect Supply Chain: Fact or Fiction? – All Things Supply Chain.