Conquering Supply Chain Data Disparity

Conquering Supply Chain Data Disparity

Many manufacturing and distribution companies are trying to leverage data in order to solve a variety of business problems. Some companies are focused on improving delays or inaccuracies in order fulfillment. Some are trying to consolidate logistics spend or improve forecast accuracy; while others look to streamline inventory levels and more efficiently store product.…

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Uber Entering $700 Billion Freight Hauling Business

Uber Entering $700 Billion Freight Hauling Business

Uber Technologies announced last month plans to build its freight network to help match freight to available haulers in an attempt to capture a portion of the $700 billion freight hauling market. After the recent acquisition of self-driving truck company Otto, Uber is already leveraging acquired industry connections and technology to compete with freight brokers and 4PLs.…

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Solving for Sustainability in the Supply Chain

Solving for Sustainability in the Supply Chain

40%, 48.8 million, and $1 trillion. These numbers given context may surprise you. 40%—the percentage of food wasted each year in the United States, with majority going to landfill. 48.8 million—the number of people living in food-insecure households in the United States. $1 trillion—the yearly retail equivalent of wasted food (not including costs for resources used in growing and...

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How Supply Chain Management Will Save Your Reward Points

After eight months of searching for a buyer, Marriott International Incorporated acquired Starwood Hotels and Resorts Worldwide Inc. (SPG) for a staggering $12.2 billion, creating what is now the largest hotel company with more than one million rooms globally. This merger is facing a number of technological and operational challenges, yet frequent travelers throughout the world have only one...

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Breaking Down a Truly Collaborative Supply Chain

In 1984, Toyota and General Motors (GM) created New United Motor Manufacturing, Inc. (NUMMI)¹, a joint venture automobile manufacturing facility. NUMMI gave GM the opportunity to learn about lean manufacturing and was Toyota’s first manufacturing plant in North America. In order to be successful, NUMMI implemented the Toyota Production System and made continuous improvements to its...

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Managing the Campus Recruiting Supply Chain

Managing the Campus Recruiting Supply Chain

When people hear the term “supply chain management”, many envision the typical diagram consisting of suppliers, manufacturers, distributers and retailers all working in conjunction to efficiently provide a product or service to the consumer.  Although companies typically use concepts in SCM to optimize their supply chain operations, firms can also use similar methodology in order...

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The Changing Face of Consumer Goods: The Impact of Technology

As an Industrial Engineer with a background in research and an interest in supply chains, I have been keeping abreast of recent retail and distribution news like some people keep up with pop culture. In particular, my interests lie in tracking how technology is changing the face of consumer goods. It goes without saying that over the past decade, the effect of technology on the state of the...

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SKU Rationalization: The Need for a Holistic Approach in a Customer-Sensitive Marketplace

Retail merchandising decisions are often tough to make. The evolution of an increasingly competitive marketplace has forced retailers to take a hard look at the products they sell to see if it really makes sense to offer them from a business perspective. Additionally, multiple studies have shown that the sales floor is disproportionally occupied by products that collectively only make up a...

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Why Your Supply Chain Technology Doesn’t Work

In today’s market, there are many software packages available to assist companies in their supply chain operations and management. Too often companies view best-of-breed systems and ERP solutions as a “silver bullet” to their supply chain issues, yet fail to see that there are many factors outside of the core technology that dictate the success of their system.…

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Transform your Retail Pharmacy through Process Innovation

Why should you invest, innovate and launch a new store concept for your pharmacies? There are many factors. Typically, a total redesign for a store happens once every few decades. So, when is the right time to do this time and cost intensive investment? Often, it is dictated by external signals – regulations, competitors, customer expectations, new offers in the market or the desire to...

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Email: marketing@westmonroepartners.com
222 W. Adams
Chicago, IL 60606
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