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Supply Chain Goobledygook

This category contains 4 posts

Retail Gyan: What can we learn from fruit-trees about marketing

Are trees good salesmen? Do they know something that a lot of experts on retail don’t? I guess yes. Innocuous little fruits hanging from the trees and waiting for somebody to pick them-  a bird, animal or a man. Lets see how they put in practice one of the modern retail management practice and do … Continue reading

Time Value of Supplier Retention

Supplier discovery and its integration is an important centrestone of any supply chain. Most successful companies look towards developing long term relationships with their suppliers where they work collaboratively towards enhancing returns for both the parties. Infact some of the most successful supplier relationships extend well over decades. The relationship builds over time (Quite obviously … Continue reading

Stockout Criticality

Recently this question came to me. What must be the most critical items whose stockouts must be avoided at a retail store? Those items that sell more volumes or those that generate better profit margins? Or those that generate more customer loyalty or are important to customer? There are some items that sell at a … Continue reading

The Future of Supply Chain

(Published: 1 July 2011,http://www.businessworld.in/businessworld/businessworld/content/Future-Supply-Chain.html) Supply chain operations’ has been an evolving science throughout the last century and the evolution continues.  Going forward, the supply chains of future will exhibit some key transformations.  Among others, these will be more transparent, geographically distributed but digitally connected based on equitable-sharing of risks/rewards, innovative and responsible.  The focus is … Continue reading