Is it Time to Rethink Your Supply Chain?
Today’s consumer has high expectations. And in a world where the “big boys” set the bar extremely high with new industry standards – throwing around terms like “same day delivery,” or “click and collect” who can blame them?
The majority of retailers that we speak to simply do not have the supply chains to handle the high expectations for speed, convenience and selection. It just isn’t cost effective. Whether it be a lack of distribution centers, poor cross-channel fulfillment for stores and online, or capacity issues and the inability to handle the bottomless assortment that online promises, multichannel retailers are unable to compete with the likes of Amazon.
We are beginning to see a trend of non-traditional strategies and retailers getting creative with fulfillment and distribution. The formula is no longer straightforward.
Today’s retailers must either build a transformative set of supply chain capabilities or they simply won’t be able to compete. Whether it be cloud-based solutions to track and manage inventory, omnichannel distribution strategies, or deeper integration between retails operations, it’s time to start analyzing distribution scenarios. Consumers are demanding customization, transparency and tailored delivery.
We are experts in delivering retail success. If you’d like to discuss how you can leverage today’s technology can help you deal with these complexities, let’s chat!
Gregory Bair, President