Fashion can be a fickle thing. What’s in one week might be old news the next week so retailers need to keep on top of changing trends and adapt supply chains accordingly to thrive. Lucy Tesseras
Browsing: Logistics & Supply Chain
Managing an efficient and happy workforce is a matter of good communications, a strong team ethos and a great deal of flexibility. But in these tough times how do you keep staff motivated for the task? Nick Allen
Prof Jose Luis Nueno of the IESE Business School explains to Malory Davies the supply chain philosophy that has made Zara such a formidable competitor in the high street fashion business.
The current recession has seen massive destocking by retailers – it this the new norm or will the shelves fill up again come the upturn?
With a closing date of July 3rd, there is now less than a week to go before entries close for the 9th annual European Supply Chain Excellence Awards.
The makings of a true supply chain winner in today’s shaky economic climate are a far cry from that of a year ago. To survive, indeed to thrive in the wake of such a jolt to the global economy businesses must not only be open to, but committed to change.
Changing the logistics model can transform the prospects for an organisation. Take, for example, toy maker Lego. Over the past few years has been transforming its business centred on the supply chain.
Without good supply chain planning it’s hard to understand how any commercial enterprise can operate profitably – particularly so at present, with tight economic conditions placing a heavy emphasis on rigorous cost control
Sales and Operations Planning can be a vital way to streamline supply chain operations and reduce inventories – something that many companies are seeking to do in the current economic climate.
Cash is king at the moment and financing the supply chain is a key issue for companies, both large and small. A vital element in that is the role of the supply chain insurers which provide cover against the risk of not getting paid for goods and services.
