Retail supply chains have undergone a transformation. Wholesale shipments from factory to warehouse have been replaced by individual packages shipped straight to customers’ doorsteps. Sourcing new products has gone from long drawn supplier bidding, negotiation, selection, testing and on boarding to quick multi-supplier relationships via integrated order management platforms.
New supply chain realities demand retailers to collaborate more closely with their suppliers. Embracing newer technologies that keep retailers connected to their always online customers is no longer optional. Brick and mortar retail sees its role changing too.
Learn about all these and more interesting developments in the world of supply chains.