In the August 17th-23rd issue of the Memphis Business Journal, Steve Fallon, General Manager at Barrett Distribution's Memphis facility was featured as a panelist of the Distribution and Logistics Table of Experts.
Social media has revolutionized the way we communicate. E-commerce has forever changed the way we shop. The proliferation of these convenient and engaging technologies is also creating a ripple in the way that money is raised, campaigns are funded and capital is generated. Through platforms like Kickstarter, crowdfunding can be an option for small startups and large, established businesses alike. However once the money has been raised, fulfillment can become a major obstacle.
The barrage of home runs that were hit during the late 90’s was a result of batters having extra power. The era of PEDs changed the way fans think about baseball and changed the way the game is played. In the NFL, new rules to increase safety for players have also changed the way this sport is played. With more protective rules for quarterbacks, scores have risen and defenses have been forced to adapt in order to avoid penalties. These are two examples where shifts in control and power have altered the state of competition. The same is very true in the world of business-to-business e-commerce. Consumers have never had more power than they do right now, and there are no signs of that slowing down. These 8 facts support the changing landscape of e-commerce retail and how you can play by these new rules.
Consumer demands are evolving like never before; and developing technology is meeting, and fueling these demands. The ability to search, shop, buy from anywhere means that businesses need to be more agile than ever. One key position in every supply chain is the warehouse, and it is within these walls that the solution to new and expanded consumer demands can be found.
Competition across all sectors is higher today than ever before. The internet and highly sophisticated supply chains have made the world a smaller place meaning that consumers have more new options, and demands on a daily basis. This continuing trend means that businesses need to find ways to differentiate themselves, and added value remains a top solution to this challenge. This means the supply chain in any organization has an opportunity to become a competitive advantage by including value-added features.
The health and beauty sector is a $64 billion industry in the United States alone. From big box stores to boutiques, to pharmacies on every corner, and now with the emergence of e-commerce, getting the massive amount of SKUs to where they need to be, when they need to be there is more challenging than ever. This is why supply chain visibility is so important to success. Here are three reasons why visibility is so crucial when it comes to health and beauty logistics.
From little leagues to rec leagues to schools to the pros, not to mention, local stores and big box outlets; keeping athletes big and small dressed and equipped to perform their best is no small feat. While sporting goods are reaching farther and wider than ever before, along with an increased demand from consumers requiring faster and cheaper delivery, a focus on efficiency and sustainability has never been more important. Taking a new approach from an operational and environmental perspective provides cost savings and increased performance. Here are three actions that can improve the sustainability of your sporting goods supply chain.
People are busier than ever. Any company’s success is largely based on how they fit into their consumer’s bustling schedule. This boils down to whether you can get your product to where your consumer needs it and most importantly when they want it. A perfect example of this is the major inconvenience of needing your car repaired. Whether it’s sitting in the driveway or waiting at the mechanic’s, getting the right parts to the right place is essential.