A supply chain director for a large global manufacturing organization recently told our team, “We have invested heavily in successfully managing inventory and are utilizing our warehouse management system [WMS] to drive our digital transformation efforts and optimize our supply chain.” This response led to an internal discussion as to whether solely relying on a WMS would create a connected supply chain that provides full inventory management capabilities, delivers operational excellence, and can be the focal point of a digital transformation.
This year at SuiteConnect West in San Francisco, DSI’s VP of Cloud Inventory Solutions, Bob Carver was invited to join Commerce Marketing Analyst and podcaster, Gregory Zakowicz on the Commerce Marketer Podcast sponsored by Oracle Bronto Software. Their conversation flowed from consumer, retail and supply chain trends to last-mile logistics and digital transformation.
The past few years have been filled with the fear of an impending “retail apocalypse” that will leave all physical stores empty and abandoned in its wake. In 2017 alone, 21 major retailers filed for bankruptcy. But in their State of Retail 2017 report, TimeTrade found that more than 70% of consumers would still prefer to shop a brick and mortar store over its online counterpart. If consumers still want to shop in store, what is actually contributing to the retail apocalypse?
“End-to-end” is a hot term now in the inventory management industry. But what is it, and why is it so important?
Whether your warehouse is a traditional building with aisles of inventory, a series of components spread across multiple divisions or suppliers, or a field of pipe spanning 600 acres, the need for access to critical supply chain data anytime, anywhere is now a business imperative. Additionally, upstream and downstream trading partners demand product fulfillment visibility to see and interact with each other throughout the entire process. This capability is at the core of the warehouse of the future: one with no walls, and therefore no barriers to accessibility and efficiency.
Topics: connected warehouse, consumerization of IT, customer involvement, digital supply chain, dscp, mobile supply chain, productivity, scanworkX, supply chain, supply chain optimization, supply chain visibility, warehouse of the future, dscp page, data collection, marquee, WMS, Print Envoy, ScanWorkX express, direct