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Crafting Effective Solutions For Retail Supply Chain Management

Retail Minded

UPS utilizes route optimization software to plan the most efficient delivery routes, reducing fuel consumption and delivery times. Risk Management and Resilience: Develop robust risk management strategies and contingency plans.

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Digitalization Can Help Mitigate Climate-Related Supply Chain Disruptions

Retail TouchPoints

A survey from the University of Maryland’s Supply Chain Management Center of the supply chains of 100 manufacturers, which include more than 12,000 production facilities, found that half of those sites were at high risk of being hit by floods, storms, droughts, heat waves and fires.

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AI-driven solutions take supply chain planning to the next level

Inside Retail

Supply chain disruption may have become a singularly hot topic in retail circles these past years, but a focus on improving supply chain planning and forecasting is far more than just a passing trend. The post AI-driven solutions take supply chain planning to the next level appeared first on Inside Retail.

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8fig Raises $140M to Support Online Sellers with Funding, Financial Management Tools

Retail TouchPoints

8fig provides ecommerce businesses (primarily marketplace sellers) with bespoke funding plans, optimized according to their supply chain and cash flow needs, to accelerate growth. With this latest round of funding, 8fig plans to scale its funding capabilities in order to support more ecommerce businesses.

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How to Build a Modern Supply Chain That’s Built to Last

Retail TouchPoints

To keep up with rising demand, you need to set aside outdated supply management tactics and adopt longer-term solutions that help you get ahead of potential problems instead of reacting to them after it’s too late. Traditional Supply Chains Aren’t Built for Disruptions. Plan for future variability.

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Purple Names Supply Chain Veteran as COO

Retail TouchPoints

Purple has appointed supply chain veteran Eric Haynor as its COO, effective June 6, 2022. We are very confident in Eric’s abilities to help us mature our operational activities and unlock the underlying value of our organization.”.

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Supply Chain Challenges Have Introduced a New Concept into Ecommerce — Inventory Pacing

Retail TouchPoints

Supply chain management is the heart of retail management and has the ability to inform the overall health of a business. As a result, businesses looking to gain a competitive advantage in the global marketplace are investing more heavily in supply chain management.