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Think Tank
Retail: Page 422
ScottTech Assists Military Manufacturer Avoid Costly Downtime Penalties
Challenge: ScottTech had a customer who needed to transport 18 horizontal carousels to another building. The customer uses ScottTech's PickPro WCS warehouse control software which interfaces with their SAP system. PickPro WCS manages the inventory and provides software controls to various automated storage and retrieval systems. ScottTech's customer was subject to a penalty for each day manufacturing was not operational beyond the 14 days.
The Changing Dynamics of Global Supply Chains
Redesigning DCs for the All-Channel Shopper
RedPrairie Enhances Product Suite in Latest Software Update
RedPrairie Corp. has released version 2012.1 of its suite of supply-chain software applications. The update links execution capabilities to the store and commerce sites, giving retailers, manufacturers and distributors greater visibility of product and data.
Vocollect Voice Arrive 'Just in Time'
Challenge: In variety retailing market where customers face shopping options at nearly every street corner, building trusted relationships with customers and maintaining their loyalty is the recipe for success. And the only way to earn that trust and keep customers coming back for more is to have the right products on its shelves at the right time, every time.
Mid-Market Innovators - a New Threat from China?
A new type of industrial company is emerging primarily in China. We call them mid-market innovators, after the burgeoning middle market of Chinese urban and rural businesses and government offices, which were their original core customers.
Baseline Forecast Predicts Slow, Steady Growth For Various U.S. Regions
Standard and Poor's Ratings Services said that its baseline forecast for U.S. regions varies but is generally positive, in a forecast published on RatingsDirect on the Global Credit Portal.
Store Salespeople at Disadvantage When the Shopper Is More Informed
Bringing e-commerce into the store is more than a luxury: it's a necessity, since online channels have fundamentally changed the shopping experience. Today, when shoppers enter a store, they may have already done product research, checked ratings and reviews, and compared prices.
One FTZ Solution Manages Multiple Foreign Trade Zones Compliantly
Challenge: A 3PL firm wanted to offer FTZ management services as a new business line. It converted multi-use warehouse space into separate FTZs for individual customers, but needed a solution that could concurrently accommodate multiple customer accounts, maintain complete data segregation, accommodate complex integration requirements, and automate compliance activities.
Allegation Wal-Mart Covered Up Bribery in Mexico Highlights How Companies Handle Corruption
Wal-Mart's annual meeting next month promises to be a contentious one because of questions over how the retail giant handled bribery allegations at a Mexico subsidiary. Shareholders are concerned about the board members' independence in light of the alleged cover-up of bribery that occurred in 2005 and 2006.
Lifesaving Global Supply Chain Drives out Costs, Improves Customer Delivery
Challenge: A leading supplier of specialist medical devices and equipment for global markets was humming along nicely until a critical part was not delivered on time, and an important customer became unhappy. Clearly the ERP system was not good enough - Supply Chain Visibility and Supplier Collaboration were required to ensure mistakes of this magnitude never happened again. Other objectives included: Reduce raw material inventory levels; Increase inventory turns by 20%; Reduce manual processes; Reduce expediting; Continue to meet or exceed customer service levels; Promote stronger, collaborative relationship between buyers and suppliers.
Aligning Supply to Demand through Supplier Collaboration and Inventory Management
Challenge: A critical division of a multi-billion dollar medical device manufacturer had several initiatives. Stabilize Inventory Levels: Inventory reduction project already complete; Ensure critical-part availability; Stock-outs not acceptable. Streamline Supplier Communication: Reduce time buyers spend on tactical purchasing; Increase time buyers spend on strategic buying and sourcing; Improve communication between material handlers, buyers, suppliers. Find a solution that Worked with ERP system. Evolve Personnel operations: Transactional to Strategic; Complex to Simple; Semi-Collaborative to Fully-Collaborative; High Transaction Cost to Lower Cost; Fragmented Integration to a Fully Integrated System.
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