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New Series: The Ultimate
Supply Chain Irony
Part 1: Is Your Company Making These Three
Replenishment Mistakes? (And What to Do About Them.)
These days, we hear over and over that consumers aren’t buying. But what about those
who are buying, those who want to buy but can’t because the product
they wanted just isn’t on the shelf... or perhaps it’s sitting on the shelf at another
location across town. Frustrating for both you and your customer? You bet. Should
we all just accept it as the unfortunate truth? No way.
While having out-of-stock products means that some shelves and warehouse racks are
empty, the irony is that there are billions of dollars wasted each year in excess
stock. And you’d better believe that most companies exist on both sides of the tracks.
Supply Chain Digest recently shared a study from
researchers at the IHL Group about out-of-stocks, lamenting that the situation is
“worse than the retail industry thinks.”
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What’s New at JustEnough?
JustEnough Joins American Apparel & Footwear Association (AAFA) Committees
After joining AAFA in 2008 as a supplier, JustEnough will now serve on two committees:
Supply Chain Leadership and Information Systems. Other committee participants include
representatives from Polo Ralph Lauren, Reebok, Liz Claiborne and others. Read the complete story
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What We're Reading
SupplyChainDigest.com
The Top Five Themes across the Consumer Goods-To-Retail Supply Chain
“From Looking at the Supply Chain from the Shelf Back to Going Green, these Trends
are Animating the Supply Chains of Consumer Goods Companies and Retailers”
Read the full article
SupplyChainBrain.com
The Riddle of Supply Chain Cost Reduction: Here's a Hint--Cut, Cut, Cut is Not a
Strategy
“Sam Palmisano, CEO of IBM, gets it. In a December 8 interview with Fortune magazine,
he strongly says, ‘In the face of an economic meltdown, you can retrench, pull in
your horns, protect your balance sheet, and preserve cash. Or you can realize that
this is about humanity screaming for change.’”
Read the full article
Apparel Magazine
Strategies for Survival
“It is more critical than ever that owners sharpen their focus on critical business
components, and the company's operations and financials, to effectuate positive
change to survive.”
Read the full article
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