Part I will discuss the demand side of inventory planning. This will help you understand the processes to define what you need to predict and the factors you will need to consider. Part II will address the vendor/supply side of this computation.
By Scott Moon Principal, Tompkins International In Part I of this series we discussed the culture, values, and expectations from best in class planning. We concluded that planning encompasses all of the best thinking at the time the plan is created to develop a roadmap for organizational alignment. When planning is at its best, the…
Planning is often a misused term to describe the internal discussion that should be had to align the vision for a long term focus.
The “singles day global shopping festival” breaks sales records and lays the foundation for “new global retail” model.
Although the ocean shipping industry is in a dire situation, it will not stay this way for long as carriers adjust to mitigate excess capacity.
Why brands and retailers should act now on Chinese Cross Border Commerce
By Tim O’Connor Wholesale & Distribution International With 57 stores – and two more due before the end of the year – Z Gallerie still has a lot of potential for growth, especially in the Northeast. With this expansion, Z Gallerie is investing in new technologies to improve its supply chain and is exploring…
James A. Tompkins, Ph.D.
CEO, Tompkins International
In today’s demand driven retail environment, there are many instances in which customer expectations are not satisfied. In large part, this occurs because company supply chains are not designed to meet the new requirements of omnichannel distribution in a profitable format. To understand this problem and how to solve it, Tompkins International conducted an analysis to help retailers understand the economics of omnichannel delivery and the potential benefits of designing the supply chain for that service model.
What if someone told you that you could significantly reduce your transportation spend and, at the same time, increase your service levels to customers by reducing the transit times and your carbon footprint. It sounds too good to be true, right? What if they then said that the concept has been around for years and it is being used by some of the top retailers in the US?